Paris fashion week opened in unique style on Monday, with students cutting the virtual ribbon for women's ready-to-wear collections at a time of unprecedented chaos in the fashion calendar. Deserted by several heavyweight designers, and still imprisoned online by the pandemic, organisers turned to students from the French Institute of Fashion for a dose of hope and renewal. "People have been much more open. They want to keep fashion alive and give as many opportunities as possible to young designers," said one of those presenting in the opening video, Clement Picot. He drew inspiration from horror films such as "The Shining" and "American Psycho" for his contribution, full of oversized comic-book shoulders that he said were a mix of his dreams and nightmares. For youngsters like Picot, the need to stay virtual is no problem: "I will be able to watch this video all my life. It's maybe even more personal this way." But this fashion week, the fourth in Paris since the start of ... » Learn More about Students launch chaotic Paris Fashion Week
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President, VP, governors get pay hike; MPs to be barred from fixing salary
The salaries of the President and the Vice President have been increased to Rs 5 lakh and Rs 4 lakh per month respectively, in a rectification of an anomaly. Announcing the hike in their salaries in his Budget speech, Finance Minister Arun Jaitley said the emoluments of the President, the Vice President and the Governors were last revised with effect from January 1, 2006. “These emoluments are proposed to be revised to Rs 5 lakh for the President, Rs 4 lakh for the Vice President and to Rs 3.5 lakh per month for the Governors,” he said, amidst thumping of desk by the members in the Lok Sabha. FULL COVERAGE: 2018 BUDGET As of now, the President gets Rs 1.5 lakh per month, the Vice President Rs 1.25 lakh and a Governor of a state Rs 1.1 lakh. Till now, the President, the Vice President and the Governors continued to get less salaries as compared to the top bureaucrats and service chiefs since the laws were not After the implementation of the 7th Pay ... » Learn More about President, VP, governors get pay hike; MPs to be barred from fixing salary
US-China tensions threaten global climate change efforts
The world's hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries both say they are intent on retooling their economies to burn less climate-wrecking coal, oil and gas. But tensions between them threaten their ultimate success. China and the United States are the world's No. 1 and No. 2 carbon polluters , respectively, pumping out nearly half of the fossil fuel fumes that are warming the planet's atmosphere. The fast cuts in carbon needed to stave off the worst of climate change are all but impossible unless these countries work together and basically trust each other's pledges. During the Trump administration, the U.S. used China's emissions as an excuse not to act, and in the past China pointed to U.S. historical emissions as a reason to resist action. New details of how quickly China plans to reduce carbon emissions will be revealed Friday when Beijing releases its next ... » Learn More about US-China tensions threaten global climate change efforts
Sensex breaches 51,000; biggest single-day rise since Feb 2
Sensex rally was driven by Bajaj FinServ, Reliance, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60. Continuing their winning run for the third session in a row, the BSE Sensex surged nearly 1,148 points to breach the 51,000-level and the NSE Nifty recaptured the 15,200-mark on Wednesday, propped up by intense buying in financial and energy stocks. At the closing bell, the 30-share Sensex was up 1,147.76 points or 2.28 per cent at 51,444.65 -– the biggest single-day rise since February 2. Intra-day, the index swung 1,243 points. Likewise, the NSE Nifty climbed 326.50 points or 2.19 per cent to end at 15,245.60 with 43 of its constituents closing in the green. Over the last three sessions, the Sensex has risen by 2,344.66 points or 4.77 per cent while the Nifty has added 716.45 points or 4.93 per cent. The Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and ... » Learn More about Sensex breaches 51,000; biggest single-day rise since Feb 2
India face last hurdle to WTC final
A win or a draw for India will secure the series and a place in the Test championship fi nal while a win for England would seriously complicate matters for the hosts, and help Australia While the debate over the pitch has taken the centre stage in the ongoing Test series between India and England, Virat Kohli ’s men will be setting their eyes on only one thing -- securing a spot in the World Test Championship ( WTC ) final -- when they take the field for the fourth and final Test which begins here at the Narendra Modi Stadium from Thursday. India only needs to draw the final Test against Joe Root ’s men in order to seal a spot in the WTC final where will then take on New Zealand at the Lord’s from June 18-22. Chennai . In the last Test played with the pink ball in Ahmedabad, India registered a 10-wicket win within two days. Bowlers from both sides delivered stand-out performances in the game as 30 wickets fell within a little over five sessions in the third ... » Learn More about India face last hurdle to WTC final
Pakistan needs legislation to meet three outstanding FATF benchmarks: Report
Pakistan will have to make further legislation on at least two counts to meet three outstanding benchmarks of the 27-point action plan of the global money laundering and terrorist financing watchdog FATF before the new June deadline, a media report said on Tuesday. The Paris-based Financial Action Task Force (FATF) placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to curb money laundering and terror financing by the end of 2019 but the deadline was extended later on due to COVID-19 pandemic. The new deadline was set by the FATF last month. Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF, a measure that officials here fear could further hurt its ailing economy. The Dawn newspaper reported that the government will have to submit an updated report within a month to the FATF on the progress on ... » Learn More about Pakistan needs legislation to meet three outstanding FATF benchmarks: Report
H-1B visa: Three Republicans bring legislation in Congress to end ‘allure of cheap foreign labour’
Three Republican U.S. lawmakers have introduced a legislation in Congress to bar American employers from hiring H-1B workers, who are mostly highly-skilled Indian IT professionals, if they have recently, or plan to fire their local workers, seeking to put an end to the “allure of cheap foreign labour”. Introduced in the House of Representatives by Republican congressmen Mo Brooks, Matt Gaetz and Lance Gooden, the American Jobs First Act proposes to overhaul the H-1B visa programme by making necessary changes in the Immigration and Nationality Act. The H-1B visa, most-sought after among Indian IT professionals, is a non-immigrant visa that allows U.S. companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. According to its text released on March 3, a foreign guest worker may not be admitted or provided ... » Learn More about H-1B visa: Three Republicans bring legislation in Congress to end ‘allure of cheap foreign labour’
Nuclear power sector ‘in crisis’ 10 years after Fukushima disaster
Paris: Nuclear power is responsible for 10 percent of the world's electricity production, but it remains a controversial source of energy, a decade after the tsunami that triggered the Fukushima nuclear crisis. Here is a look at the state of nuclear energy around the world: - Fewer reactors - "It was an industry in serious crisis globally before the Fukushima events happened. This crisis has worsened considerably since then," said Mycle Schneider , an independent analyst and consultant on energy and nuclear policy based in Paris. The high costs of construction and concerns about safety have cooled interest in the industry. The number of nuclear reactors has receded in the past decade, from 429 in 2010 to 412 at the end of last year, according to Schneider, author of an annual report critical of the sector. But energy generation has increased, from 365.3 gigawatts in 2010 to 367.1 in 2020, as new reactors tend to be more powerful while older facilities were upgraded. ... » Learn More about Nuclear power sector ‘in crisis’ 10 years after Fukushima disaster
PM Modi’s visit to Bangladesh will be a very memorable one: Jaishankar
#S Jaishankar Jaishankar arrives in Dhaka: To prepare ground for PM Modi’s visit #S Jaishankar We were resolute, strong about protecting our interests: S Jaishankar on border issue #S Jaishankar Broader de-escalation of troops once disengagement is completed at all friction points: Jaishankar tells Wang #S Jaishankar Border disputes a reality, should be given sufficient attention: China tells India #S Jaishankar EAM inaugurates new chancery building of Indian High Commission in Mauritius #S Jaishankar Bodies dealing with human rights should realise, terror can’t be justified: Jaishankar For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 17 min ago PM Modi to receive ... » Learn More about PM Modi’s visit to Bangladesh will be a very memorable one: Jaishankar
Exemplary efforts for more climate action: China Daily editorial
The planet is indeed on "red alert" as United Nations Secretary-General Antonio Guterres said on Friday. Not least because the climate action policies of most countries will not come close to meeting the goals of the Paris Agreement. The UN secretary-general described 2021 as the "make or break year" following the release of a UN Framework Convention on Climate Change report, which analyzed the updated action plans submitted by 75 nations ahead of November's COP26 climate summit. The current policies were found not to meet the goals of the Paris Agreement. With the current policies, it will not be possible to halt global warming to below 2 C, preferably 1.5 C, compared to pre-industrial levels, by the end of the century to avoid the worst impacts of climate change. According to the UN Intergovernmental Panel on Climate Change, CO2 emissions must be reduced by about 45 percent by 2030 from the 2010 level and reach net zero by 2050 to ensure this temperature limit goal is reached. ... » Learn More about Exemplary efforts for more climate action: China Daily editorial