International 

EU rejects UK demand for new post-Brexit deal on Northern Ireland

By Administrator_ India Capital Sands Britain demanded on Wednesday a new deal to oversee problematic post-Brexit trade involving Northern Ireland, warning it already had the right to unilaterally ignore parts of an agreement struck with the bloc just last year. The European Commission immediately poured cold water on the plea, saying Prime Minister Boris Johnson and Brexit minister David Frost had negotiated the protocol and Britain had to respect its international obligations. “We will not agree to a renegotiation of the Protocol,” said the commission’s Vice President Maros Sefcovic. The Northern Ireland protocol was part…

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AirAsia announces free rescheduling on all flight bookings till May 15 International 

AirAsia announces free rescheduling on all flight bookings till May 15

By Administrator_ India Capital Sands AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the travel dates, without incurring any flight change fees. “To ensure that its customers continue to have the greatest flexibility if their travel plans change with increased uncertainty and travel restrictions, the airline has extended this offer on its new website www.airasia.co.in as well as other major…

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World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts International 

World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts

By Administrator_ India Capital Sands The World Bank has scaled up its projections for India’s economic growth by a massive 4.7 percentage points to 10.1 percent for 2021-22 due to a strong rebound in private consumption and investment growth. The Bank had pegged the GDP growth at 5.4 percent for the country in its January report. “India, which comprises almost 80 percent of the region’s (south Asia) GDP, had a substantial revision to growth of 4.7 percentage points since January 2021, due to a strong rebound in private consumption and investment growth…

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Protests intensify across Myanmar; Suu Kyi party official dies in custody International 

Protests intensify across Myanmar; Suu Kyi party official dies in custody

By Administrator_India Capital Sands An official from the party of deposed Myanmar leader Aung San Suu Kyi died overnight in police custody, associates said, while protests were held in at least half a dozen cities in some of the most widespread action against the coup last month. The cause of Khin Maung Latt’s death was not known, but Reuters saw a photograph of his body with a bloodstained cloth around the head. Sithu Maung, a member of the dissolved parliament, said in a Facebook post that Khin Maung Latt was his campaign manager and…

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Britain plans to unveil new visa scheme for financial technology workers International 

Britain plans to unveil new visa scheme for financial technology workers

By Administrator_ India Capital Sands UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers. The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a similar policy for scientists, the Telegraph reported. It’s one of five pillars contained in a Treasury-commissioned report by former Worldpay Chief Executive Officer Ron Kalifa that’s due to be delivered to Sunak as…

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WHO plans slew of COVID-19 vaccine approvals for global rollout International 

WHO plans slew of COVID-19 vaccine approvals for global rollout

By Administrator_ India Capital Sands The World Health Organization (WHO) plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in the coming weeks and months, an internal document seen by Reuters shows, as it aims for rapid rollouts in poorer countries. COVAX, a global scheme co-led by the WHO, wants to deliver at least 2 billion COVID-19 doses across the world this year, with at least 1.3 billion going to poorer countries. But it has so far struggled to secure enough shots due to a shortage of funds,…

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Whatsapp International 

Traders ask govt to ban WhatsApp and Facebook over new privacy policy

By Administrator_ India Capital Sands The Confederation of All India Traders  has strongly objected the new WhatsApp privacy policy through which all kinds of personal data, payment transactions, contacts, location and other vital information of a person who is using WhatsApp will be acquired by it and can be used for any purpose by WhatsApp. In a communication sent to Minister for Information Technology Ravi Shankar Prasad, CAIT has demanded that the government should immediately restrict WhatsApp from implementing the new policy or put a ban on WhatsApp and its…

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Mumbai sees bed rationing again as coronavirus cases rise sharply International 

New York health worker becomes first American to get Covid-19 vaccine

By Administrator_ India Capital Sands An intensive care unit nurse became the first person in New York state to receive the Pfizer/BioNTech Covid-19 vaccine on Monday, marking a pivotal turn in the US effort to control the deadly virus. Sandra Lindsay, who has treated some of the sickest Covid-19 patients for months, was given the vaccine at Long Island Jewish Medical Center in the New York City borough of Queens, an early epicenter of the country’s Covid-19 outbreak, receiving applause on a livestream with New York Governor Andrew Cuomo. Minutes after Lindsay received the injection, US President…

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EU parliament International 

EU parliament backs lobster deal and EU-US mini trade pact

By Administrator_ India Capital Sands Thanksgiving just got a little bit better for the Maine lobster industry. The EU parliament on Thursday approved a mini trade deal with the United States, which includes the elimination of customs duties on U.S. lobster imports. The passage with 638 votes for, 45 against and 11 abstentions was the last major political step for the deal to come into effect. As a result, the 27-nation EU will drop its 8% tariff on U.S. lobsters for the next five years and work to make the…

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Biden admin likely to provide US citizenship to over 500,000 Indians International 

Biden admin likely to provide US citizenship to over 500,000 Indians

By Administrator _ India Capital Sands US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually. As a largely immigrant community, but in some cases with American roots reaching back generations, Indian-Americans know firsthand the strength and resilience that immigrants bring to the United States of America, according to a policy document issued by the Biden campaign. The Biden administration will support family-based immigration and preserve family unification…

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