India has called on its states and cities to step up testing on international travelers after a new strain of Covid-19 was found to be increasing infections in South Africa. More information on this story in our main titles.

Center can continue to hold at least 26% of the capital of public sector banks

The Center could continue to hold at least 26% stake in public sector banks (PSBs), which are being privatized, sources said. Currently, the government is considering privatizing two banks and the government must own 51 percent of PSOs at all times, in accordance with the Banking Companies (Acquisition and Transfer of Businesses) Act 1970. Find out more

Center warns of new variant of Covid-19, issues new notice to states

The Center on Thursday called on all states and union territories to conduct rigorous screening and testing of all international travelers arriving or transiting through South Africa, Hong Kong and Botswana, where a new variant of Covid-19 has been reported. Multiple cases of a variant of Covid-19 B.1.1529 have been reported in Botswana (3 cases), South Africa (6) and Honk Kong (1 case), the government said in the letter. Read more

Cryptocurrency Firms Consider Moving Overseas Amid Buzz Of India Bans

The buzz surrounding India’s cryptocurrency ban has created an uncertain environment for crypto exchanges. Ecosystem actors working in spaces such as non-fungible tokens and blockchain are also in a daze. Many founders are planning to move their businesses to the United Arab Emirates or Singapore. Read more

Telecom companies should use 5G services on independence day

The government is in talks with telecommunications companies to launch commercial 5G services in some cities by Independence Day and has assured them that spectrum auctions will take place in April-May, giving them a window of three to four months for deployment. . Read more

Future Retail guilty of financial irregularities, according to Amazon

U.S. e-commerce giant Amazon wrote to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there had been d ‘significant financial irregularities to the detriment of public shareholders, banks, creditors and third party suppliers. Read more

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