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Video Player Close ANKARA, March 1 (Xinhua) -- Turkish President Recep Tayyip Erdogan on Monday unveiled a new normalization plan to ease COVID-19 restrictions in Turkey through a province-based approach. "It is not possible to take normalization steps in an environment where the pandemic is spreading. As Turkey is a big country in terms of geographical area and population, we need to take gradual steps," Erdogan said at a press conference after a cabinet meeting. The 81 provinces in Turkey will be divided into four categories of low, medium, high and very high risk according to their COVID-19 situation based on infection rates and the vaccination process. The provinces will be evaluated every week and their normalization applications will be updated, according to Erdogan. Cafes and restaurants, which were allowed only for take-away and delivery, will now be able to host customers between 7 a.m. and 7 p.m. with half capacity, yet excluding very high-risk provinces. The ... » Learn More about Roundup: Turkey unveils province-based approach to easing COVID-19 restrictions

Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route. Illustration: Dominic Xavier/ Rediff.com Retail participation in direct equities rose at a rapid pace last year. This is evident from the rise in the number of new demat accounts that were opened -- a record 6.8 million between April and October 2020. Non-institutional participation in the cash segment of the market, which serves as a proxy for retail participation, also went up between March and November 2020, from an average of around Rs 22,500 crore (Rs 225 billion) to Rs 35,000 crore (Rs 350 billion). Those choosing the direct investment route, however, need to bear in mind that beating professional fund managers or even the leading benchmark indices over the long term, is not an easy feat to pull off. Key factors investors need to keep an eye on Earnings revival: After a gap of many years, corporate earnings estimates for the next ... » Learn More about Planning to invest directly in equities? Read this!

The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year. Illustration: Uttam Ghosh/ Rediff.com If you think work from home due to Covid-19 has benefited you by cutting down expenses like daily commutes and eating out, think again. You may end up with a higher income-tax (I-T) bill for the current financial year (2020-21). The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year. According to Suresh Surana, founder, RSM India: “Reimbursements like motor car, entertainment, conve­yance expenses, etc will be taxable as they are linked to actual expenses incurred while performing your duties.” Take the instance of conveyance allowance. Employees couldn’t move out of their homes to perform their official duties during the lockdown. If they can’t produce documentation, the tax ... » Learn More about Working from home? You may end up paying higher taxes this fiscal

Video Player Close UNITED NATIONS, March 1 (Xinhua) -- UN Secretary-General Antonio Guterres on Monday asked for generous donations for humanitarian operations in war-torn Yemen. Some 3.85 billion U.S. dollars is needed for 2021 to support 16 million Yemenis who are on the brink of catastrophe, he told a high-level pledging event for Yemen. "This is not the moment to step back from Yemen. ... I implore all donors to fund our appeal generously to stop famine engulfing the country. Every dollar counts." Donations will make an enormous and concrete difference. In many cases, the difference between life and death, he said. "The assistance you pledge today will not only prevent the spread of famine and save lives. It will help create the conditions for lasting peace." The United Nations and its partners across Yemen are ready to scale up aid operations. Delivering aid in Yemen is challenging. But humanitarian workers are up to the challenge, said Guterres. Throughout 2020, ... » Learn More about UN chief asks for generous donations for Yemen humanitarian operations

For Quick Alerts Subscribe Now COVID-19 vaccination: No glitch in CoWIN from the start, says RS Sharma View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Chhattisgarh 16 naxalites surrender in Chhattisgarh #Chhattisgarh Bird flu confirmed in few more places in Maharashtra, Gujarat and Chhattisgarh #Chhattisgarh CoBRA officer killed, 10 commandos injured in IED blast triggered by Naxals in Chhattisgarh #Chhattisgarh Maoists’ explosive dump recovered in Chhattisgarh #Chhattisgarh Killing of Chhattisgarh MLA in 2019 was part of naxalites’ Tactical Counter Offensive Campaign #Chhattisgarh Cops up ante as big movement of naxals seen from Chhattisgarh to Telangana Just In 29 min ago 1.28 lakh people over 60 years get 1st dose of COVID vaccine 35 min ago China refutes reports on attacks against India's power grid 52 min ago ... » Learn More about Chhattisgarh Budget: Bhupesh Baghel presents state budget of Rs 97,106 cr for FY 2021-22

NEW YORK, - Former U.S. Secretary of State Mike Pompeo took the stage at the world's largest energy conference in 2019 to declare an age of U.S. dominance after a decade of rapid shale development made the United States the world's top oil and gas producer. Two years later, the oil industry is recovering from the worst recession it has ever experienced after measures to contain coronavirus stopped billions of people from traveling and wiped out one-fifth of worldwide demand for fuel. The U.S. fossil fuel industry is still reeling after tens of thousands of jobs were lost. The pandemic has also accelerated the energy transition , interrupting a steady rise in fuel consumption that may have otherwise continued for several more years unabated. Oil demand may never recover from that hit. This year, the CERAWeek conference in Houston is entirely virtual and numerous panels are dedicated to the transition to the low-carbon economy of the future, hydrogen technologies and climate ... » Learn More about From U.S. domination to energy transition, two years that changed oil

By Krystal Hu and Anirban Sen Cybersecurity startup Axonius has raised $100 million in a private funding round led by New York-based growth equity firm Stripes at a valuation of $1.2 billion, the company said on Sunday. The latest funding came less than a year after Axonius' last raise and brought Axonius' total funding to $195 million, signaling strong investor appetite in cybersecurity firms that have seen strong demand during the global pandemic. The company plans to announce the raise on Monday. New York-based Axonius develops an end-to-end device management platform to help its enterprise customers track computers and systems that connect to their networks. The four-year-old firm saw explosive growth last year as companies around the world increased cybersecurity spending in an adaption to a remote working environment during the COVID-19 outbreak. Axoniius said it booked more than $10 million in annual recurring revenue last year, triple its 2019 revenue, ... » Learn More about Cybersecurity firm Axonius raises $100 million at $1.2 billion valuation

Mumbai : Reliance Strategic Business Ventures Limited (RSBVL) announced that it has acquired an additional equity stake in its investee company skyTran for a consideration of USD 26.76 million increasing its shareholding to 54.46 per cent on a fully diluted basis. skyTran is a technology company incorporated under the laws of Delaware, United States of America (USA) in 2011. skyTran has developed breakthrough passive magnetic levitation and propulsion technology for implementing personal transportation systems aimed at solving the problem of traffic congestion globally. RSBVL, a wholly-owned subsidiary of Reliance Industries Limited , in a statement said that the technology has been developed by skyTran to create smart mobility solutions. The firm said that the proposed skyTran transportation systems would consist of computer-controlled passenger pods running on its state-of-the-art, patented passive magnetic levitation technology and would use cutting edge IT, telecom, ... » Learn More about Reliance Industries acquires majority equity stake in skyTran Inc

Email Digital Story Innovation Team By Inga Ting, Katia Shatoba and Alex Palmer Posted March 02, 2021 06:03:08 Map: Australia The single biggest and most complex vaccine campaign in the nation's history has begun. On February 22, Australia officially joined the global race to inoculate millions of people against COVID-19. Quarantine and border workers, frontline healthcare workers, and aged and disability care residents and staff are among the first in line. The data on this page tracks how each of the states and territories is progressing in this mammoth task, as well as how Australia compares to the rest of the world. Figures for Australia are sourced from federal, state and territory health authorities, while international numbers are from the Our World in Data project at the University of Oxford. Both sets of numbers are updated regularly. The government has fallen drastically short of its target for the end of February, delivering just ... » Learn More about Tracking Australia’s COVID vaccine rollout numbers

Rapid takeup worldwide, including via donations, attests to friendly ties ANKARA - Vaccines developed by China are an important tool for defeating the COVID-19 pandemic, saving lives around the world as they are put to work in mass inoculation programs, foreign officials and experts said. A batch of a vaccine donated by China arrived in Mozambique on Wednesday to help the East African country fight the coronavirus. It was also the first COVID-19 vaccine to be received by the country. Mozambican Prime Minister Carlos Agostinho do Rosario praised China's role in fighting the pandemic and thanked the Chinese people for the friendship. The "rapid availability of vaccines against COVID-19 reflects the commitment and determination" of both the Chinese and Mozambican governments in guaranteeing people's well-being, he added. The country's vaccination plan will prioritize high-risk groups including health professionals, said the prime minister, and more details will be shared by the ... » Learn More about China-made shots hailed as lifesavers