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Delhi to implement helium leakage detection tech to address polluted water

Business Standard 

The Delhi government will implement a helium leakage detection technology in the city to effectively address the problem of contaminated water, minister Saurabh Bharadwaj said on Tuesday. The technology involves injecting helium gas into a pipeline and then conducting drilling at multiple locations. If there is a leak in the pipeline, the gas will escape and rise to the surface, allowing technicians to precisely pinpoint the location of the leak. Water Minister Bharadwaj said this modern technology... Читать дальше...

RBI permits international banking units at IFSC to settle NDDCs in rupee

Business Standard 

The Reserve Bank on Tuesday permitted international banking units (IBUs) in GIFT City in Gujarat to settle non-deliverable foreign exchange derivative contracts (NDDCs) in Indian rupee. So far, derivatives are cash-settled in foreign currency. As per the notification, Authorised Dealer (AD) Category-I banks operating IBUs can offer NDDCs involving the Indian rupee to resident non-retail users for hedging. Such transactions shall be cash settled in Indian rupee. "The flexibility of cash settlement... Читать дальше...



E-invoices must for firms with ₹5 cr+ annual turnover

Economictimes.indiatimes.com 

This will give time to the industry to ensure that any vendor supplying goods or services above ₹5 crore turnover is mandatorily issued an e-invoice to avoid any dispute with respect to availing input tax credit (ITC). Taxpayers can view the total turnover for the last fiscal year and also for the current fiscal year, based on the returns submitted up to this point.

White House remarks on Indian democracy 'tight slap' on Rahul Gandhi: BJP

Business Standard 

The BJP took a swipe at Rahul Gandhi on Tuesday, saying it is "ironical" that while he "shamelessly" continues to criticise India's democracy during his US visit, the White House says India is a vibrant democracy. It is a tight slap on the "yuvraj" of the Congress, BJP national spokesperson Syed Zafar Islam said. The White House said Monday that India is a vibrant democracy and anybody who happens to go to New Delhi can see that for themselves, as it dismissed concerns about the health of democracy in India. Читать дальше...

SANWO-OLU PROCLAIMS 10TH LAGOS ASSEMBLY, URGES LEGISLATIVE FOCUS ON PEOPLE’S WELFARE

Lagosstate.gov.ng 

•Obasa re-elected as Speaker, gets woman deputy •Ninth Assembly passed 46 bills, 120 resolutions to set new record At 11:20am on Tuesday, Lagos State Governor Babajide Sanwo-Olu proclaimed the first session of the 10th House of Assembly, following the inauguration of 40 members-elect of the State legislature by the clerk. The ceremony, Sanwo-Olu said, symbolised the continuity of …

CFPB Warns Against ‘Poorly Deployed’ Banking Chatbots

PYMNTS.com 

America’s consumer protection watchdog says it’s monitoring the banking sector’s use of AI-powered chatbots. The Consumer Financial Protection Bureau (CFPB) said Tuesday (June 6) that it had gotten a number of complaints from customers frustrated by their interactions with banks’ artificial intelligence (AI), used to answer questions or solve problems. “To reduce costs, many financial […]

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SHOP Stock Rises After Shopify Completes Sale to Flexport

InvestorPlace 

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

With the completion of Shopify’s previously announced logistics arm sale, SHOP stock is picking up on the streamlining implications.

The post SHOP Stock Rises After Shopify Completes Sale to Flexport appeared first on InvestorPlace.

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