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Where are impeachment trials held

Man held for blocking actor Ajay Devgn’s car, urging him to support farmer’s protest

(This story was first published in TOI on March 2, 2o21) Mumbai: A 28-year-old man was arrested after he stopped Bollywood actor Ajay Devgn's car near FilmCity at Goregaon East on Tuesday, urging he should support the ongoing farmers' protest. Rajdeep Singh, the accused, is a driver by profession and police are probing whether he has any connection to the farmers' protest. Singh has been arrested on charges of "intimidation." The incident occurred around 8.55am at Santosh Nagar nullah. Devgn was headed to FilmCity in his vehicle. Singh, who lives in the same neighbourhood, was travelling in an auto when he spotted Devgn's car. Read: Mumbai City Latest News "There was a traffic jam due to ongoing construction in the area and Devgn's vehicle was moving slowly. Singh hopped out of his auto and stood in front of Devgn's car, blocking his path. He urged the actor to step down and have a conversation with him over the farmers' protest. He said that the actor ... » Learn More about Man held for blocking actor Ajay Devgn’s car, urging him to support farmer’s protest

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Rs 77,146 cr bids for spectrum on Day 1

India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. Illustration: Dominic Xavier/ Rediff.com There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands. The response from players and the bids received surpassed government's internal estimates, that had anticipated bids worth Rs 45,000 ... » Learn More about Rs 77,146 cr bids for spectrum on Day 1

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ICBC, WeChat among world’s top-10 brands

Apple leapfrogs Amazon to reclaim most-valuable status, Google in third Apple has overtaken Amazon and Google to reclaim the title of world's most-valuable brand, an accolade it has not held since 2016, according to the latest report from the London-based brand valuation consultancy Brand Finance. The report, which put China's WeChat in the top 10 for the first time, revealed that United States and Chinese brands together account for two-thirds of the world's brand value. It found 21 of the top 25 most-valuable brands were from either the USA(10) or China (11). Nine of the top 10 fastest-growing brands were from the same two nations, with four from the US and five from China. Apple, with a brand value of $263.4 billion, topped the rankings, thanks to its diversification strategy, the report said. Under Tim Cook's leadership, especially during the past five years, the company has focused on developing its growth strategies above and beyond the iPhone - which in 2020 accounted ... » Learn More about ICBC, WeChat among world’s top-10 brands

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Cross-border capital flows to open more gradually

China's top banking and insurance regulator said on Tuesday it will encourage cross-border capital flows at a more open level, while also being careful not to cause huge fluctuations in the domestic financial market. At a news conference held by the State Council Information Office, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said the global economy has experienced an overall downturn since COVID-19 broke out. "Developed European and American countries, nations that are severely affected by the pandemic, and some developing countries all adopted proactive fiscal policies and ultra-loose monetary policies. We understand these macroeconomic policy measures are necessary for stabilizing the economy, but we should take more consideration of the force and impact of these measures, which have side effects and have started to show gradually," Guo said. "The financial markets of developed European and American countries have been running high, which is ... » Learn More about Cross-border capital flows to open more gradually

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Hainan to launch global search for executives

Hainan Free Trade Port will recruit top experts from around the world to promote construction in the island province, officials announced at a news conference held in Haikou, Hainan, on Monday. The first round of recruitment involves three positions, including chiefs or legal representatives of the tourism promotion bureau of Sanya city, the development bureau of the bonded port area in the Yangpu Economic Development Zone and a logistics company under the State-owned China Hainan Rubber Industry Group. Zhang Yingduan, deputy head of the organization department of the Hainan Provincial Party Committee, said both domestic and overseas candidates can apply for the positions. Hainan is in urgent need of international experts with global vision and advanced management experience, Zhang said, adding that global talent recruitment will drive the Hainan Free Trade Port project forward. Last year, China released a master plan for the port, aiming to build the whole of Hainan Island — ... » Learn More about Hainan to launch global search for executives

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Protecting world through Chinese vaccines

Surging export orders show China's pharma products are trusted overseas At Sinovac Biotech Ltd's base in Daxing district of Beijing, employees are busy manufacturing CoronaVac, the inactivated COVID-19 vaccine, in bulk. From cell culture to packaging, a jab can be produced in just 48 days. Now the company churns out about 400,000 doses a day. "The yearly output of our first production line has reached 500 million doses. Our second production line started operations this month, enabling the company to attain capacity to produce 1 billion doses of vaccine every year," said Yin Weidong, chairman of Nasdaq-listed Sinovac. He said: "Ever since our first production line started operations in August, the machines ran almost 24 hours a day. Our employees worked round the clock in three shifts to meet the surging demand for vaccine." Currently, while ensuring adequate supplies of vaccine for the domestic market, the company is exporting some quantities to countries like Brazil, ... » Learn More about Protecting world through Chinese vaccines

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Changsha in Hunan province leads the way in IP protection

Changsha, the capital city of Hunan province, has been on the forefront of China's intellectual property rights protection, with all-in-one measures taken in judiciary, law enforcement and public service sector, which further optimize the business environment for innovative enterprises, and pushes forward high-quality development of local economy. In 2018, the first judicial organ specialized in IP in Hunan province - Changsha intellectual property court - was set up on March 1. It deals with disputes on trademark, copyright, unfair competition, technical contracts and other cases related to IPR infringement. With over a total of 6,000 trials annually, the court has tried 1,708 patent cases in three years after establishment, strengthening the protection of technological achievements in core technologies and frontier fields. Changsha, the engineering hub in central China, and home to global giants of heavy machinery industry, such as SANY Group, Sunward Group and Zoomlion, ... » Learn More about Changsha in Hunan province leads the way in IP protection

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Former French President Nicolas Sarkozy sentenced to three years jail on corruption charges

New Delhi: Former French President Nicolas Sarkozy was sentenced to three years in jail for corruption and influence-peddling on Monday (March 1). A French court found him guilty of trying to bribe a Magistrate by offering him a prestigious job in return for information about a criminal case against him. Sarkozy, however, will not go to prison as the court suspended two years of the sentence and allowed him to serve a year at home with an electronic tag. The 66-year-old is the first former French president to receive a custodial sentence, reported BBC. Along with Sarkozy, his former lawyer and the Magistrate involved in the bribery also received similar sentences. The three re expected to appeal against the order. The judge observed that Sarkozy knew what he was doing was wrong and that his actions and those of his lawyer had given the public "a very bad image of justice". The crimes were specified as influence-peddling and violation of professional ... » Learn More about Former French President Nicolas Sarkozy sentenced to three years jail on corruption charges

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China rolls out first one-jab COVID-19 vaccine, rival to US’s Johnson & Johnson

Beijing: China has given conditional approval for a single dose COVID-19 vaccine, touted to be a rival to Johnson & Johnson's one-jab shot cleared by the US drug regulator on Sunday (February 28). China's first Ad5-nCoV COVID-19 vaccine was rolled out on Friday, the state-run Global Times reported on Sunday. Phase-I clinical trials of the vaccine started on March 16, last year, making it the world's first COVID-19 candidate vaccine that entered clinical trials, it said. It is the only single-dose COVID-19 vaccine that has been given conditional approval to be rolled out in China, the report quoted last Friday's story by the state broadcaster China Central Television (CCTV). People can get desirable protective effects after 14 days of inoculation. The protective effect can last at least six months after a single-dose inoculation and it can increase immune response by 10 to 20 times if the second dose is taken half a year after the first one, the report ... » Learn More about China rolls out first one-jab COVID-19 vaccine, rival to US’s Johnson & Johnson

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Auto drivers bear brunt of hike in CNG prices in Delhi-NCR

CNG to automobiles and piped natural gas to household kitchens, on Tuesday, increased prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Delhi and the NCR, leaving auto drivers in the lurch. The price of CNG has been increased by 70 paise per kilogram and PNG by 91 paise. The new rates have come into effect from Tuesday morning. In Delhi, the price of CNG has now gone up to Rs 43.40 per kg. At the same time, CNG will be available at the rate of 49.08 per kg in Noida, Greater Noida, and Ghaziabad. The increase in the CNG and PNG prices in Delhi-NCR has put the auto and taxi drivers in trouble due to a continuous hike in the prices. They say their survival is getting tougher amidst such inflation. Noida-based auto driver Manoj Ojha, speaking to ANI, said, "Prices of everything are going up. Whether it is petrol, diesel, LPG , or PNG. The price of CNG has been increasing continuously since the COVID-19 lockdown. It is getting very difficult for us to ... » Learn More about Auto drivers bear brunt of hike in CNG prices in Delhi-NCR

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