Thursday, September 29News That Matters
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Tag: pledged

Strictest targets pledged to tackle England sewage discharges

Strictest targets pledged to tackle England sewage discharges

Science
The government has published a plan to reduce sewage discharges into England's rivers and the sea, promising the "strictest targets ever".Water firms will have to deliver the "largest infrastructure programme in water company history", it says.Last week pollution warnings were in place on nearly 50 beaches after heavy rainfall led to water companies discharging untreated sewage.The Liberal Democrats branded the new plan a "cruel joke".They said consumers would pay for "the mess made by water companies".Water companies discharged untreated sewage into rivers in England more than 400,000 times in 2020, according to official figures.The Liberal Democrats called the government's targets "flimsy", predicting they would still allow 325,000 sewage dumps a year in 2030. French anger at UK sewage d...
Notre-Dame fire: Millions pledged to rebuild cathedral

Notre-Dame fire: Millions pledged to rebuild cathedral

World
Media playback is unsupported on your device Hundreds of millions of euros have been pledged to help rebuild Notre-Dame after a devastating fire partially destroyed the French cathedral.The fire, declared fully extinguished some 15 hours after it began, ravaged the 850-year-old building's roof and caused its spire to collapse.But firefighters who worked through the night managed to save the Paris landmark's main stone structure, including its two towers.The cause of the fire is not yet clear.The Paris prosecutor's office said it was currently being investigated as an accident, with officials saying it could be linked to extensive renovation works taking place.Meanwhile, thoughts are turning to how the Catholic cathedral will be rebuilt.French ...
Banks have first right over pledged assets, rules tribunal

Banks have first right over pledged assets, rules tribunal

Finance
MUMBAI: In a landmark ruling, the appellate tribunal on matters related to the Prevention of Money Laundering Act has ruled that Enforcement Directorate cannot claim rights over assets of people suspected of criminal activity if banks have created prior rights over them through lending. The tribunal has ruled in favour of Standard Chartered Bank in a dispute involving the ED on the Winsome Diamonds & Jewellery case saying that it would be against the spirit of the Money Laundering Act if assets pledged are not available for banks to recover their dues. “The mortgaged properties of the appellant bank cannot be attached or confiscated unless link and nexus directly or indirectly established,” Justice Manmohan Singh, chairman of the tribunal wrote in his order passed on August...