Secretary of State Mike Pompeo said he was taking action against an unspecified number of Chinese officials, including from the ruling Communist Party, under a US law that calls on China to let Americans visit Tibet.
China and the United States were headed for a major diplomatic confrontation as Washington on Wednesday ordered the closure of the Chinese consulate in Houston, a move it said was aimed 'to protect American intellectual property and private information', hinting at cyber espionage.
It was alleged that the IT major made "improper payments to obtain permits and building licences in India"
The US move came after the Justice Department said that hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world.
Esper also highlighted the 'increased' military cooperation with India and called it as 'one of the most important defence relationships of the 21th century'.
The advent of artificial intelligence, blockchain technology and cryptocurrencies, and the increasing use of Internet of Things devices throw techno-legal challenges regarding privacy and security. Experts say, any expansion of power to the government to block web-services is detrimental to the interests of users, innovation, and India's larger technology ecosystem. The move to block the mobile apps is likely to have a lasting impact on the data security and privacy framework.
'Leaders of the Indian community in Hong Kong had broached the idea of developing the Andaman and Nicobar islands for investment and setting up manufacturing units,' points out Rup Narayan Das.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
The Covid pandemic has left a question mark on how the central government manages its staff.
'You can see that in Chinese behaviour in the Yellow Sea, you can see it in their behaviour towards Taiwan, you can see it in their behaviour towards Hong Kong, you can see it on our border as well.'
'If the Chinese military gets hold of some western sectors on the India-China boundary, it will give them added military advantage.'
Trump also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls.
Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.
'And this mirror imaging is the most dangerous thing because it leads to tremendous misunderstandings.'
'Post the pandemic, when India is turning a new leaf in its economic policy with an eye on foreign capital and global supply chains that are likely to leave China, heightened tensions on the India-China border creates an atmosphere of uncertainty,' observes Virendra Kapoor.
In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals
WTO's new director has said that the issue needs to be addressed in a positive manner.
India is concerned that SEC might have influenced rating given to the country by Fitch.
'It doesn't look as if any sensible, worldly wise, person is in charge in China.' 'If at all anybody is in charge, it can only be a bunch of bumpkins of whom Xi has become a puppet,' observes B S Raghavan, the veteran civil servant.
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
Stockbroker Blue Chip Corporation Pvt Ltd (BCCPL), Nitin Rajaram Narke, Pravin B Darawade, Bhavana Chadha, Milestone Investment, Nitin Narke Investment, Blue Cheap Investment and Blue Chip Investment have been prohibited.
With hardly anything positive to flaunt before the electorate while seeking a third consecutive term at the Centre, Sonia Gandhi's Congress is desperately hoping that the food security law will help it win the support of the people much like the national rural employment guarantee or the right to information acts or the farm loan waivers had done for it in the 2009 Lok Sabha polls, says Saroj Negi
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
Violation of provisions of Sebi Act, Securities Contracts regulation, Prohibition of Fraudulent Trade (PFTUP) norms were not observed in respect of these 114 entities.
Sebi has decided to lay out strict timelines for completion of actions.
The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.
Some of the defaulters have not paid up amounts as small as Rs 15,000, while the majority of individual penalties are worth a few lakhs of rupees and a few others amounting to a few crores of rupees.
Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee.
The Bill seeks to give Sebi sweeping powers like attachment of properties and launch of recovery proceedings.
The regulator in its notice alleged violations of the code of conduct because Chanda Kochhar reportedly had not disclosed the conflict of interest arising out of business dealings among ICICI Bank, Videocon and NuPower Renewables, led by her husband, Deepak Kochhar.
The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.
The public prosecution in Dubai has granted bail to five Anna Hazare supporters who were jailed for violating United Arab Emirates national security laws on August 21.
The new powers are aimed at making Sebi more effective in protecting investor interest and helping it to better regulate the market.
Now the PMO needs to take the food sector reforms forward.
A number of schools in Australia were put under lockdown and students evacuated after "numerous threats" made to them as they opened on Friday after the long Christmas holiday period, sparking multiple police operations.
Soon after Washington's decision to nearly double visa application fees as a part of its border security law, a bigger storm in the form of the Comprehensive Immigration Reforms Bill is gaining momentum in the US.
'We can't lower wheat price beyond a point'
The US regulator Securities and Exchange Commission has appointed heads of five new specialised units, in a move to rebuild its enforcement programme.
Sun Pharma and Dr Reddy's top list in terms of those who face most class-action litigation