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Tag: imposes

Alexei Navalny: US imposes sanctions on Russians

Alexei Navalny: US imposes sanctions on Russians

World
ReutersThe US has imposed sanctions on senior Russian officials over the poisoning of opposition leader Alexei Navalny.The measures, which target Russia's top spy and six others, are being co-ordinated with similar moves by the European Union.US officials said intelligence had concluded that the Moscow government was behind the near-fatal nerve agent attack on Navalny last year.He is the most high-profile critic of President Vladimir Putin.Moscow denies involvement in his poisoning and disputes the conclusion, by Western weapons experts, that Navalny was poisoned with a Novichok agent during a flight in Siberia.The term Novichok - "newcomer" in Russian - applies to a group of nerve agents developed in a lab by the Soviet Union during the Cold War. They paralyse muscles and can lead to deat...
IRDAI imposes Rs 15 lakh penalty on Bharti AXA General Insurance Company

IRDAI imposes Rs 15 lakh penalty on Bharti AXA General Insurance Company

Finance
Regulator Irdai has imposed a total penalty of Rs 15 lakhs on Bharti AXA General Insurance Company in two different cases for violation of various provisions concerning motor insurance. In this first case, the Insurance Regulatory Development Authority of India (Irdai) slapped a penalty of Rs 10 lakh on the private sector insurance company for non-compliance with minimum obligations under regulations concerning third-party motor insurance business. It was alleged that during 2017-18, the private sector insurer has underwritten Rs 380 crore as against the minimum obligatory motor third-party insurance business of Rs 399.94 crore, resulting in a shortfall of Rs 19.94 crore. In percentage terms, the shortfall worked out to around 4.99 per cent of the motor-third party insurance business obli...
COVID deaths in Italy hit record high as nation imposes 10pm curfew on New Year’s Eve

COVID deaths in Italy hit record high as nation imposes 10pm curfew on New Year’s Eve

World
Italy has unveiled tough new restrictions for Christmas after recording the highest number of daily coronavirus deaths since the pandemic began.Figures show there were 993 COVID-related deaths and 23,225 new cases on Thursday. The previous record of 919 deaths came in March at the peak of the first wave. Italy was the first Western country to be hit by COVID-19 - and from 21 December to 6 January, people will only be allowed to move between the nation's 20 regions for work, medical reasons or emergencies.People are being urged not to invite any guests to their homes during the Christmas period, amid fears it could lead to a further spike in new infections. Midnight mass on Christmas Eve is also being banned.Live updates on coronavirus from UK and around world ...
RBI imposes Rs 5 lakh penalty on Nissan Renault Financial Services India

RBI imposes Rs 5 lakh penalty on Nissan Renault Financial Services India

Finance
MUMBAI: The Reserve Bank of India has imposed a penalty of Rs 5 lakh on Chennai-based Nissan Renault Financial Services India Private Limited for non-compliance with the central bank's directions. In a statement on Wednesday, RBI said the penalty has been imposed for non-compliance with its directions contained in Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 on Fair Practices Code for applicable NBFCs. The statutory inspection of Nissan Renault Financial Services India with reference to its financial position as on March 31, 2019, revealed, inter alia, non-compliance with the RBI directions. The apex bank said a notice was issued to the company advising it to show cause as to why penalty should ...
Coronavirus: Denmark imposes lockdowns amid mink covid fears

Coronavirus: Denmark imposes lockdowns amid mink covid fears

Science
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