Latest news with #Committee
Indian Express
2 hours ago
- Business
- Indian Express
Warehousing and logistics policy: Chief secy chairs panel's 1st meeting
The first meeting of the Empowered Committee constituted under the Uttar Pradesh Warehousing & Logistics Policy-2022 was convened on Wednesday under the chairmanship of Chief Secretary Manoj Kumar Singh. In the meeting, the proposal to issue Letters of Comfort (LOC) to two private investors was approved. The investors will be provided with a capital subsidy of Rs 4.89 crore and Rs 4.90 crore. UPSIDA CEO Mayur Maheshwari said that under the policy, UPSIDA has so far allotted Unique IDs to 20 companies for a total investment of Rs 1,416 crore across the state. All these projects are under progress. Among these, proposals have been presented to issue Letters of Comfort to two companies. As per the Uttar Pradesh Warehousing & Logistics Policy-2022, to be eligible for subsidy, a minimum investment of Rs 20 crore in a storage facility covering at least 1 lakh sq ft is mandatory. Upon fulfilling the eligibility criteria, a capital subsidy of 15% of the investment (up to a maximum of Rs 5 crore) is provided.
Business Recorder
2 hours ago
- Business
- Business Recorder
Higher business costs: MoF, SECP strongly object to amendments thru CSR Bill
ISLAMABAD: Ministry of Finance and Securities and Exchange Commission of Pakistan (SECP) strongly objected to amendments through 'The Corporate Social Responsibility Bill, 2025', arguing it will increase cost of doing business of companies in Pakistan. The 16th meeting of the Standing Committee on Finance and Revenue was held Wednesday at the Parliament House under the chairmanship of Syed Naveed Qamar, MNA. SECP Chairman Akif Saeed said that the amendments should not be proposed in the existing law. The present objective can be achieved through other alternate options. The law would create discrimination between the cost of doing business of association of persons (AOPs) and registered companies. Secretary Finance observed that we will come up with a solution where objective would be achieved without increasing cost of doing business of the companies. The committee considered 'The Parliamentary Budget Office Bill, 2025', moved by Rana Iradat Sharif Khan, MNA, and constituted a Sub-Committee under the Convenorship of Dr Nafisa Shah, MNA, for detailed deliberation on the bill and submission of its report within 30 days. Ali Zahid, Arshad Abdullah Vohra, and Muhammad Mobeen Arif, MNAs, will be the members of the newly appointed sub-committee. Dr Mirza Ikhtiar Baig, MNA, presented the report of the Sub-Committee on 'The Corporate Social Responsibility Bill, 2025', moved by Dr Nafisa Shah, MNA. The Committee adopted the report and deferred the discussion on the report for the next meeting of the Committee. The Committee expressed serious concern over the absence of the Secretary, Industries and Production, and deferred the agenda item relating to the new Electric Vehicle Policy. During the meeting, Secretary Finance and Chairman SECP Saeed said that there is no mandatory provision regarding the corporate social responsibility in the world except in India. Furthermore, it would result in increasing the doing of business cost and may discourage companies. The committee was further informed that many companies do not perform CSR. The committee members objected to their reservations while saying that one percent increase companies cost of doing business, but what about the 19 percent mandatory sale tax. On the taxation side, the government has no objection, but when we talk about welfare for the poor, there are serious objections. Nafisa Shah said that some companies are paying even 1.5 percent CSR. The Committee adopted the report and deferred the discussion on the report for the next meeting of the Committee. The meeting was attended by Rana Iradat Sharif Khan, Syed Samiul Hassan Gilani, Ali Zahid, Dr Nafisa Shah, Mirza Ikhtiar Baig, Muhammad Jawed Hanif Khan, Arshad Abdullah Vohra, Muhammad Mobeen Arif, Usama Ahmed Mela, MNAs. The meeting was also attended by Bilal Azhar Kayani, the Minister of State for Finance, Syed Rafiullah and Aliya Kamran, MNAs/movers of the starred questions. The secretaries and officers from the Finance and Revenue Divisions were also present during the meeting. Copyright Business Recorder, 2025
Fox News
13 hours ago
- Politics
- Fox News
Loyal Jill Biden aide's deposition date comes with no sign if he'll appear
A former top White House advisor to ex-first lady Jill Biden was subpoenaed to appear before the House Oversight Committee on Wednesday. Anthony Bernal, former assistant to the president and senior advisor to the first lady, was compelled for a July 16 closed-door deposition after missing a previously agreed-upon interview date late last month. House Oversight Committee Chair James Comer's subpoena letter to Bernal read: "The Committee seeks information about your assessment of and relationship with former President Biden to explore whether the time has come for Congress to revisit potential legislation to address the oversight of presidents' fitness to serve pursuant to its authority under Section 4 of the Twenty-Fifth Amendment or to propose changes to the Twenty-Fifth Amendment itself." While the deposition is moving forward Wednesday morning, it's not guaranteed Bernal will show up until he's seen in the corridors of the House office building where the meeting is taking place. Comer, R-Ky., is investigating allegations that Biden's former top White House aides covered up signs of his mental and physical decline while in office, and whether any executive actions were commissioned via autopen without the president's full knowledge. Biden allies have pushed back against those claims. "Original Sin," a book by CNN anchor Jake Tapper and Axios political correspondent Alex Thompson, positions Bernal as a fiercely protective aide who was dubbed the leader of the "loyalty police" by other former Biden staffers. His LinkedIn page lists him as currently working as Jill Biden's chief of staff in the Transition Office of Former President Joe Biden. Bernal was originally slated to appear last month for a voluntary transcribed interview, but he and his lawyers backtracked after the Trump administration announced it was waiving executive privilege rights for him and several other former White House staffers. If he appears, he will be the fourth ex-Biden aide to sit down with House GOP investigators. Longtime Biden advisor Ashley Williams appeared for a nearly six-hour transcribed interview on Friday, following a brief sit-down by former Biden physician Kevin O'Connor. O'Connor, like Bernal, appeared under subpoena. His closed-door deposition lasted less than 30 minutes, with the doctor invoking the Fifth Amendment on all questions outside his name. O'Connor's lawyers said he did so out of concern for doctor-patient confidentiality. Comer, however, accused him of covering for the octogenarian former president.
Ya Biladi
15 hours ago
- Politics
- Ya Biladi
The revival of the Ceuta and Melilla Liberation Committee reaches the Spanish Parliament
Following the departure of Vox's local branch in Melilla, deputies and senators from the far-right party have taken over the matter, according to Iberian media. They are now urging Prime Minister Pedro Sanchez's government to clarify its capacity to respond to potential actions by a Moroccan NGO. To recall, adverse weather conditions on Saturday prevented the Committee for the Liberation of Ceuta and Melilla from carrying out an operation on Leila Island (known in Spain as Perejil). Vox parliamentarians are calling on the central government to present a detailed «report» on the situation in Ceuta and Melilla, citing what they describe as «annexation threats from Morocco». Both parliamentary groups argue that «relations with Morocco are at a historic low». Vox denounces what it calls the «unilateral» closure of customs in Ceuta and Melilla, and the Committee's alleged «intention to invade Perejil islet», framing these developments as «an economic blockade on one hand, and a sovereignty threat on the other». In response, the party is demanding that the government ensure the «protection of Spanish sovereign territories, including Perejil, Alhucemas, Vélez de la Gomera, Chafarinas, Ceuta, and Melilla». Meanwhile, the latest voter intention survey by the state-run Center for Sociological Research (CIS), published last week, places Vox in third place with 18.9% support, behind the PSOE at 27% and the People's Party at 26.5%.
Gulf Today
17 hours ago
- Sport
- Gulf Today
Record participation for IMMAF Youth World Championships
The UAE Jiu-Jitsu and Mixed Martial Arts Federation is ramping up final preparations to host the sixth edition of the IMMAF Youth World Championships, which will take place in Al Ain from July 21 to 27. More than 1,000 male and female athletes from 60 countries are set to compete, marking a record number of participants and highlighting the event's growing global profile. Leading countries taking part include reigning champions Ukraine, as well as the United Kingdom, Uzbekistan, the UAE, and Armenia. This year, the championship will be held in Al Ain for the first time, while the UAE continues its role as host for the fourth consecutive year. Participation has surged from 200 athletes in the third edition held in 2022 to over 1,000 this year. The sharp increase confirms the championship's rising popularity and the UAE's key role in transforming it into a preferred destination for young talent in mixed martial arts. His Excellency Mohammed Bin Dalmouj Al Dhaheri, Board Member of the UAE Jiu-Jitsu and Mixed Martial Arts Federation and Chairman of the MMA Committee, said that preparations are progressing according to a comprehensive plan covering all organisational, logistical, and technical aspects. The Federation is working closely with local and international partners to deliver an outstanding edition that reflects the UAE's reputation for hosting world-class sporting events. 'This year's championship has attracted record participation, reflecting the rapid development of the event and reinforcing its position as a global platform for preparing the future stars of MMA,' Al Dhaheri said. 'Bringing the competition to Al Ain marks a significant step forward, building on the successes of previous editions in Abu Dhabi.' Al Dhaheri added that the 2025 edition will offer a well-rounded experience for athletes, delegations, and spectators. Alongside the high-level competition, a range of cultural and entertainment programmes will help cement the championship's status as a leading international event and a meeting point for emerging talent. Meanwhile, the UAE National Team continues its preparations at a training camp in Thailand, focused on enhancing both physical and technical readiness. The camp aims to ensure the athletes deliver a strong performance that reflects the development of MMA in the UAE and positions them to compete for top honours at the championship. Meanwhile, the UAE Jiu-Jitsu National Team are preparing to compete at the 2025 edition of The World Games in Chengdu, China, taking place from Aug. 7 to 17. The team are aiming to build on their impressive performance at the previous edition in the US in 2022 and continue to raise the UAE's standing in the global jiu-jitsu scene. The team includes six athletes who will represent the nation across various weight categories: Mohammed Alsuwaidi (69 kg), Mehdi Alawlaki (77 kg), Saeed Alkubaisi (85 kg), Asmaa Alhosani (52 kg), Shamsa Alameri (57 kg), and Shamma Alkalbani (63 kg). Mohamed Salem Al Dhaheri, Vice Chairman of the UAE Jiu-Jitsu Federation, said, 'Taking part in a major international event like The World Games reflects the strong presence the UAE has built in jiu-jitsu.
