India plans to introduce safety rating system for passenger cars: Ministry

India will introduce a safety rating system for passenger cars – a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the “export worthiness” of vehicles produced in the country. The road transport ministry said in a statement it will assign a rating of … Read more

Nitin Gadkari approves draft of Bharat-NCAP car safety rating system

Union road transport and highways minister Nitin Gadkari on Friday approved the draft notification introducing Bharat NCAP (New Car Assessment Programme) for Indian cars, which will be accorded star ratings based on their performance in crash tests, once the rule is finalised. “Bharat-NCAP will serve as a consumer-centric platform … Read more

India’s Aadhaar ID system delivers benefits but at risk of widespread fraud

Prime Minister Narendra Modi’s model of welfarism isn’t new to India: Previous leaders have also subsidized food and fuel, and given the rural poor houses, toilets, and paid work. Modi’s edge comes from technology. A year before the 2014 election that brought him to power, the government, then led by the … Read more

defi crash: DeFi can’t hold a candle to the centuries-old trust-based system called hawala

In the history of dangerous naivety, the decentralized finance mania of 2021 will hold its own against the 2007 boom in collateralized debt obligations. It took a financial crisis for the world to wise up to CDOs, which repackaged risky mortgage bonds to make them look safer than they were. “CDOs are nothing but a … Read more

No change being done to Army’s regimental system: Govt sources on Agnipath

No change is being done to the Army’s regimental system under the ‘Agnipath’ scheme and the numbers of personnel to be recruited in the first year of its roll out would only make up three per cent of the armed forces, government sources said on Thursday amid wide-spread protest against the … Read more

Westlake declares force majeure on chlor-alkali throughout U.S. system (NYSE:WLK)

NoLiMiT_Bkk/iStock via Getty Images Westlake (NYSE:WLK) -6.2% in Wednesday’s trading, tumbling to its lowest in more than three months, after it declared force majeure on chlorine and all grades of caustic soda throughout its U.S. system, S&P Global Platts reported. Westlake (WLK) said its chlor-alkali production “has been directly and adversely impacted due to the … Read more

India, Russia apex banks to work on payment system this week

Officials of the Reserve Bank of India (RBI) and the Bank of Russia are set to meet this week to give the finishing touches to a bilateral payment system to ensure smooth trade flows between the two nations without violating global sanctions, people familiar with the matter told ET. Russia faces increasingly tighter sanctions after … Read more

Coal ministry launches PIM module of single window clearance system

The government on Tuesday launched the Project Information and Management (PIM) module of the Single Window Clearance System, a platform to seek various clearances to operationalise coal mines. The development assumes significance in the wake of the government making efforts to secure domestic fuel supplies amid fear of shortage … Read more

GST Dispute: Centre working on GST dispute resolution system

The finance ministry is working on a detailed mechanism that can resolve goods and services tax (GST) disputes raised by states while avoiding distortions in the tax regime. The mechanism may be discussed with the states at the next GST Council meeting, expected sometime in June. The plan includes a Dispute Redressal Bench that will … Read more

Molecular International Prognostic Scoring System Developed for Myelodysplastic Syndromes

Article content Efficient, Accurate Risk Stratification Will Transform Patient Care Article content YARDVILLE, N.J., June 12, 2022 (GLOBE NEWSWIRE) — Today, the MDS Foundation announced the development of a new prognostic scoring system, the IPSS-Molecular, that will significantly improve risk stratification upon diagnosis to better inform the way treatment plans are built for patients with … Read more