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Tag: relief

Alaska dive fishermen plead for relief from sea otters

Alaska dive fishermen plead for relief from sea otters

Technology
Northern sea otters, once hunted to the brink of extinction along Alaska's Panhandle, have made a spectacular comeback by gobbling some of the state's finest seafood — and fishermen are not happy about the competition. Sea otters dive for red sea urchins, geoduck clams, sea cucumbers — delicacies in Asia markets — plus prized Dungeness crab. They then carry their meals to the surface and float on their backs as they eat, sometimes using rocks to crack open clams and crab. The furry marine mammals, which grow as large as 100 pounds (45 kilograms), eat the equivalent of a quarter of their weight each day. Phil Doherty, head of the Southeast Alaska Regional Dive Fisheries Association, is working to save the livelihood of 200 southeast Alaska fishermen and a $ 10 million in...

Government mulling 2% relief on GST for digital payments

Finance
NEW DELHI: You may soon need to shell out less if you pay digitally. The government is looking at giving a 2% incentive over the applicable GST tax rate in case of digital payments where the bill is up to Rs 2,000, in a move aimed at discouraging cash payments. According to sources, the proposal - which may give the benefit in the form of a discount or cash-back - is being discussed between the finance ministry, RBI, cabinet secretariat and ministry of electronics and IT. "The idea is to incentivise all kinds of digital payments, especially smaller transactions, in line with the government's plan of making India a less-cash economy," a source told TOI. The IT ministry is leading the government's efforts on digital payments and has been taking stock of initiatives to further popularise ...
In relief rally, bitcoin jumps more than 20% from June low

In relief rally, bitcoin jumps more than 20% from June low

Finance
Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency. Bitcoin traded higher Saturday near $ 2,680, up more than 20 percent from a June low of $ 2,185.96 hit Thursday that had erased gains for the month, according to CoinDesk.Worries about overexuberance in digital currencies overall and heated debate among developers about how to upgrade bitcoin's technology weighed on its price."A proposal was accepted to merge the two upgrade methods, making them compatible," Brian Kelly, a CNBC contributor and founder of BKCM, which runs a digital assets strategy, said Friday. "So we have seen a relief rally on this progress."Kelly added that the latest development "reduces the threat of a coin split, but we are not out of the woods yet. Th...