Latest news with #Malhotra
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Business Standard
12 hours ago
- Sport
- Business Standard
Under 19 Youth Test: England dominate India despite Malhotra's hundred
Vihaan Malhotra made a fluent hundred but India U19 batters caved in against left-arm spinner Ralphie Albert as England gained upper hand after Day 3 of the second four-day Youth Test here on Tuesday. Malhotra (120, 123 balls) and Ayush Mhatre (80, 90 balls) fought well for India but they were bowled out for 279 in the first dig to concede an innings lead of 30 runs. England were 93 for no loss in their second innings for an overall lead of 123 runs at close. Adam Thomas (50 batting) and BJ Dawkins (42 batting) were at crease. However, India, overnight 51 for one, looked set to gain a substantial advantage when Malhotra, overnight 6 and Mhatre, resuming from 24, added 133 runs for the second wicket in a little over 24 overs. India were 170 for 1 at that stage but the dismissal of Mhatre changed the complexion of the game as England, led by left-arm spinner Albert (6/53), put the visitors under considerable pressure. India made a brief comeback into the game through a 61-run alliance for the fifth wicket stand between Malhotra and Harvansh Panglia (28). But from that point, Albert ripped through Indian line-up as they lost the last six wickets for a mere 37 runs. Brief scores: England U19: 309 all out and 93 for no loss in 25 overs vs India U19: 279 all out in 58.1 overs (Vihaan Malhotra 120, Ayush Mhatre 80; Ralphie Albert 6/53). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Indian Express
a day ago
- Health
- Indian Express
What the latest data says about the hidden link between obesity and cancer
Excess body fat doesn't just increase weight, it alters the body's internal environment, triggering hormonal and metabolic imbalances that fuel cancer risk. 1 / 10 Recent research presented at the Endocrine Society's annual meeting in San Francisco reveals a stark statistic: cancer deaths associated with obesity in the US have more than tripled: from 3.73 per million in 1999 to 13.52 per million in 2020. (Source: Canva) 2 / 10 'Obesity is increasingly recognised as a major risk factor for the development and progression of several types of cancer,' highlights Dr Mandeep Singh Malhotra, Director of Surgical Oncology at the CK Birla Hospital, Delhi. Excess body fat doesn't just increase weight, it alters the body's internal environment, triggering hormonal and metabolic imbalances that fuel cancer risk. (Source: Canva) 3 / 10 4 / 10 5 / 10 6 / 10 7 / 10 The rising trend isn't just a Western concern. In India, obesity-linked cancers like gallbladder, pancreas, and colorectal cancers are emerging more frequently. Dr Malhotra points out that these trends mirror global patterns, signalling a serious public health issue in both developing and developed nations. (Source: Canva) 8 / 10 'Public awareness about the link between obesity and cancer must be amplified to encourage proactive health choices,' advocates Dr Malhotra. Without adequate awareness, individuals may overlook the importance of weight management in cancer prevention. (Source: Canva) 9 / 10 Early detection can make a critical difference. Routine screenings such as mammograms, colonoscopies, and Pap smears, and emerging tools like liquid biopsies, offer obese individuals a better chance at early diagnosis and improved outcomes. Dr Malhotra urges high-risk individuals to prioritise regular check-ups. (Source: Canva) 10 / 10 Prevention starts with healthy lifestyle choices. 'Balanced diet, regular physical activity, and reducing sedentary behaviour are foundational to prevention,' stresses Dr Malhotra. (Source: Canva)
Time of India
2 days ago
- Business
- Time of India
Govt may commission market studies before bringing in ex-ante regulations for Big Tech: MoS for corporate affairs
The government could undertake market studies to build "an evidence-based foundation" for introducing an ex-ante framework under the proposed Digital Competition Bill to regulate the Big Tech, minister of state for corporate affairs Harsh Malhotra indicated in the Lok Sabha on Monday. In a written reply, Malhotra said: "Based on the suggestions/comments/inputs received, it is felt that an evidence-based foundation through market studies is required to consider all relevant aspects for ex-ante regulation considering it is in nascent implementational stages globally." Explore courses from Top Institutes in Select a Course Category Artificial Intelligence others Technology Others Project Management Management PGDM MBA Data Science Public Policy CXO Product Management Design Thinking MCA healthcare Finance Operations Management Healthcare Cybersecurity Leadership Data Analytics Data Science Degree Digital Marketing Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details In March 2024, a high-level official panel led by then corporate affairs secretary Manoj Govil had suggested a new antitrust law with an ex-ante framework to regulate only 'systemically significant digital enterprises' that have a 'significant presence' in India. It had submitted with the Ministry of Corporate Affairs (MCA) a draft digital competition bill, along with its report, for consideration. Malhotra said over 100 stakeholders from various fields had submitted their responses with the MCA on the draft Bill between March and May last year. Additionally, the ministry of electronics and information technology had organised stakeholder discussions on the draft bill in June last year and those comments are awaited, he added. Live Events The corporate affairs ministry is unlikely to bring in the proposed digital competition legislation this fiscal, as it aims to first introduce amendments to the Insolvency and Bankruptcy Code (IBC) and the Companies Act, ET has reported. On top of that, the ministry is also tied up with plans to expand the PM Internship Scheme for youth soon. Since digital competition is a rapidly-evolving and complex area, the government reckons undue haste in regulations could be counter-productive, people aware of the development had told ET earlier. Malhotra, too, had said in March that the government was in no hurry and that it would follow all the due processes before bringing in the new law. Ex-ante framework Ex-ante regulations usually stipulate a set of dos and don'ts with an aim to disallow certain practices from being pursued. The Govil panel had suggested that the penalty for violations of rules and regulations be as high as 10% of the digital entity's global turnover. Under the existing ex-post framework, violations of the competition law are investigated after they take place. While some experts said the ex-ante framework is modelled around EU law, government officials have said the legislation would factor in domestic sensitivities. A number of big technology firms, including Apple, Meta, Google, Amazon and Flipkart, had opposed ex-ante regulations before the Govil panel. The obligations for large players would be spelt out through subordinate legislation after deliberations with stakeholders, the panel had suggested.
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Business Standard
2 days ago
- Business
- Business Standard
Govt may consider market study before ex-ante regulations for Big Tech
The government may undertake a market study to establish a solid foundation for ex-ante regulations under draft Digital Competition Bill, said Harsh Malhotra, Minister of State for Corporate Affairs Ruchika Chitravanshi New Delhi The government feels the need to conduct a market study to build a strong foundation for bringing in ex-ante regulations under the draft Digital Competition Bill, Harsh Malhotra, Minister of State for Corporate Affairs, told Parliament on Monday. 'Based on the suggestions, comments, and inputs received, it is felt that an evidence-based foundation through market studies is required to consider all relevant aspects for ex-ante regulation, considering it is in the nascent implementation stages globally,' the minister said in response to a question on the current status of the Draft Digital Competition Bill. The Committee submitted its report in February 2024 along with a draft Digital Competition Bill. The ministry has received responses from more than 100 stakeholders, ranging from legal professionals, industry associations, civil society organisations, and domestic and foreign digital enterprises providing digital services in India. Malhotra told the Lok Sabha that the comments from the Ministry of Electronics and Information Technology (MeitY) on the Bill were awaited. He also mentioned that MeitY had organised stakeholder discussions between 18 June 2024 and 20 June 2024 on this matter. A Parliamentary Panel looking into the role of the Competition Commission of India (CCI) in an evolving economy, particularly the digital landscape, has sought the views of the MCA on suggestions made by some Indian online players regarding the draft Bill. Speaking at a CCI event in March this year, Malhotra had said the government was not in a hurry to bring the Digital Competition Bill (DCB) and wanted to follow due process with more deliberations on the proposed legislation before introducing it. He stated that strict interventions would be required to enforce the law, and self-regulation and compliance also needed to be promoted. The draft DCB provisions set quantitative and qualitative criteria for Systemically Significant Digital Enterprises (SSDEs), such as turnover in India of not less than Rs 4,000 crore or a global turnover of not less than USD 30 billion. Other criteria include a gross merchandise value in India of not less than Rs 16,000 crore or global market capitalisation of not less than USD 75 billion. It also states that if the core digital service provided by the enterprise has at least one crore end users or 10,000 business users, it would be considered an SSDE. These SSDEs, according to the draft Bill, would be covered by the ex-ante regulations.
Economic Times
3 days ago
- Business
- Economic Times
Malhotra's surprise rate cut sparks big expectations, but RBI's limits are showing
Agencies Monetary policy is a spectator sport. It wasn't always. Once upon a time, the actions of the central bank only electrified dealing rooms and jumpy traders. Today, they stir the hopes and ruffle the plans of homemakers, school teachers, shopkeepers and pensioners who react like never before when interest rates change. Household debts are well over 40% of GDP, up from about 30% a decade ago. Homes bought with borrowed money are the most longed-for asset after gold. With more people trusting the stock market to lift their fortunes as secured fixed-benefit pensions fade away and a high tax claws away meagre returns from FDs, RBI faces a vocal and burgeoning constituency. A faceless multitude, anticipating that life won't get any tougher, absorbs live TV commentaries, text messages from banks and brokers, and the rise and fall of stocks that follow policy announcements. It can overwhelm a central banker already dealing with nudges from GoI and unrealistic expectations from corporates. As governments have become less reliable, expectations from monetary authorities—often perceived to be more powerful than they are—have soared. Like in the days after the global meltdown, central banks have regained some of their lost ground in recent years by giving out forward guidance and handholding markets since Covid. But while they are expected to deliver, sometimes the unachievable, they have a bewildering job in a world that is more unpredictable and even threatening to alter the economic order that generations never questioned. In such a world, a central banker, particularly someone who is yet to fully grasp the lay of the land, is tempted to experiment, make a quick difference, and thus walk into a spot, leaving markets confused and everyone guessing what he would do next. That, many believe, is where Sanjay Malhotra finds himself now. As the new governor, Malhotra wanted to leave his mark. In June, he surprised markets with a half-point rate cut (against the widely expected quarter-point) coupled with a reduction in the reserve ratio, which released liquidity by letting banks park less cash with the RBI. He reminded many of Shaktikanta Das who, less than a year after joining, took the unorthodox step of lowering the benchmark interest rate by 35 basis points, a departure from the convention of changing rates by either 25 or 50 points. More significantly, Malhotra changed the policy 'stance' from 'accommodative' to 'neutral'. A stance in monetary policy is somewhat like the 'outlook' in a sovereign rating. Roughly put, the market interprets 'neutral' as either a hike or cut in the next policy, compared with either a cut or status quo under an accommodative stance. For Malhotra, 'neutral' was possibly a hint that there would be no cut in August, and perhaps a way to keep the doors open to a slim chance of a hike if tariffs or crude prices hardened. But since June, inflation has fallen a little more than expected. And, with Malhotra having said that RBI would be 'data dependent', the obvious question to crop up is: shouldn't he cut rates in August? With early festivals, when usually loans take off, shouldn't RBI make the most of the space created by softer inflation? RBI may prefer banks and borrowers to absorb the earlier actions, which could take 3 to 6 months to play out, before cutting again. But would that risk missing out on an opportunity to boost demand? Are lower rates the real trigger for borrowers? And should central banks become more light-footed and flexible with shorter pauses, reacting as and when surprises are thrown at them? There are no easy answers, though perhaps few would have raised questions had RBI let its stance remain 'accommodative' in June. Interest rate actions are transmitted through bank loans and bond prices, which haven't fully responded to the June measures. Loan demand is yet to pick up, and banks have parked idle funds, for which they could not find enough borrowers, with with the central bank mopping up unused liquidity, the interbank rate, a key money market indicator, hasn't dipped beyond a point. Having taken the uncommon step in June, there's only so much the central bank can do. The unfolding story is a reminder that GoI, businesses and consumers must temper expectations from RBI, which, in turn, should not shy away from spelling out its limitations in a world of mercurial presidents, climate change and a looming battle of tariffs and currencies. Financial markets must realise that the central bank's forward guidance, which they have become so used to since the pandemic years, won't last forever. And, like everything else, monetary policy, too, can change. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. What's keeping real retail investors out of the Nvidia rally If data is the new oil, are data centres the smokestacks of the digital age? The hybrid vs. EV rivalry: Why Maruti and Mahindra pull in different directions. What's best? Instagram and YouTube make billions off creators. Should they pay up for their mental health? Trent trips on the ramp. Is it still worth the splurge or time to change brands? 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