SBF in Custody Until February 8 as Financial Market Participants Request Sebi Revise Data Storage Rules

In a discussion paper published at the beginning of November, India's markets regulator Sebi outlined a plan to require regulated businesses, including foreign portfolio investors (FPIs), to move their data storage and processing operations to India. An organization that speaks for large fina...

JAPAN’S GENERAL ACCOUNT BUDGET REQUEST FOR FISCAL 2021 TOPPED $950 BILLION

Highlights –

• Japan's general account budget request for fiscal 2021 topped $950 billion.
• The Ministry of Health, Labor, and Welfare asked for a record of 32.99 trillion yen.
• The Ministry of Land, Infrastructure, Transport, and To...

SEVERAL MINISTRIES AND AGENCIES FROM JAPAN MAKE LARGE BUDGET REQUESTS FOR FY 2021

Highlights –

• Several ministries and agencies from Japan make large budget requests for FY 2021.
• The budget request for FY 2021 exceeds $947 billion.
• Ministry of Health, Labor, and Welfare made requests for around $31 billion.
...

VIRTUAL STRIP CLUBS: THE NEWEST DESTINATION FOR SOME UNDRESSED FUN

It is said that necessity is the mother of invention and this can be held true for sure. The recent coronavirus outbreak and it’s impact resulted into shutdown of various businesses across the globe. While majority of businesses are still closed, few are showing some sort of innovation by a...

US REQUESTS INDIA FOR HYDROXYCHLOROQUINE AS A COVID-19 TREATMENT

Highlights: 

• The Indian PM had banned hydroxychloroquine from being exported last Saturday 
• India to rethink about exporting the drug. 

Indi produces hydroxychloroquine in abundance and the US needs it today. The US has already approve...

CANADA SHUTS DOWN IN-PERSON SERVICE CANADA CENTERS

Highlights:

• In the light of rising cases of coronavirus infections and deaths, the Canadian government has decided to shut its Canada service stations
• Demand for Service Canada recently spiked with a million applications for EI benefits  

W...

The Pentagon outlines new AI technology

With reports of China going ahead in the AI arms race, the United States Defense Department is also reportedly strengthening its artificial intelligence technology.

Latest reports are of the Pentagon working on developing artificial intelligence-powered drones which are able to operate ...

The contraction of the Composites Index slowed down in August

The Composites Index enlisted 49.4 in August, which demonstrates easing back constriction over the earlier month. Record readings over 50 demonstrate extending action, while values beneath 50 show contracting movement. The further away a perusing is from 50, the more prominent the adjustment in move...

Telstra warned that Latest technology could skip Australia due to the nation’s encryption laws

Warnings have been issued by Telstra that device vendors could skip Australia due to the encryption laws of the nation, resulting in local firms uncompetitive. With vendors normally sharing technical info with telcos prior to launching products to test them, Telstra stated that the requirements i...