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News Highlights made simple.

News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies

INDIAN EXPRESS

1.

China's trade barriers a big hurdle: FM; let's work on it, says Beijing

Amid Rising global trade pressure on China, Union Finance Minister Nirmala Sitharaman said Friday that India's trade imbalance with the world's second-largest economy is "growing exponentially" and requests for market access have been denied for a decade. 


2.

Special Summary Revision: What EC announced, how it differs from SIR

Article 324 of the Constitution empowers the EC to prepare electoral rolls for elections to Parliament and Assemblies. Its procedures are prescribed in the Representation of the People Act, 1950, and the Registration of Electors Rules, 1960.

Electoral rolls are made for each Assembly constituency, with an Electoral Registration Officer (ERO) authorised for the task. Under the 1950 Act, the rolls are to be revised "before each general election to the House of the People or to the Legislative Assembly of a State" and "in any year in the prescribed manner.... "


3.

E-commerce: Why the price you see is not what you pay

The furore over Merchant Discount Rate (MDR) on UPI transactions has brought back into focus other charges that run counter to the idea of catalysing India's digital push. These include platform fees and convenience charges, which have become an industry-wide practice across online services spanning food and grocery delivery, e-commerce, entertainment and travel. 


4.

Why bond yields are rising in all major countries - except China

Government Bonds are the most risk-free investments one can make in any economy. After all, everyone expects the government to pay back its debt. The yields refer to the returns an investor can expect to earn by lending money to the government. 


5.

Al risks may exceed opportunities without safeguards: IMF chief

The Risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and input from key governments.

The nascent technology was a dominant topic at this week's annual meetings of the IMF and World Bank in Bangkok, where the IMF on Tuesday flagged significant growth and financial stability risks from a potential end of the Al investment boom, high debt levels and a prolonged war in the West Asia. 


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