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DISASTER CLAUSE
Key Jan Vishwas provisions effective from May 15New Delhi will see key provisions of the Jan Vishwas Act come into effect on May 15. This landmark legislation aims to reduce the criminali...- Word of the day: Force MajeureForce majeure is a legal term used in business contracts. It talks about sudden and uncontrollable events like war, floods, earthquakes, or...
- Centre released Rs 71,889 crore to states under various heads for FY 2024-25The central government has disbursed ₹71,889 crore to states for fiscal year 2024-25, based on the 15th Finance Commission's recommendation...
- Madhya Pradesh recognizes heatwaves as natural disasters, ensures compensation for victimsThe Madhya Pradesh government has classified heatwaves as natural disasters, enabling compensation for fatalities similar to other calamiti...
- G20 Sherpa Meet: Call for new green transition fund, emission taxAvinash Persaud, special envoy on climate finance to Prime Minister Mia Mottley of Barbados, made a detailed presentation to G20 sherpas on...
- People travelling in private vehicles in Delhi will no longer be penalised for not wearing masksThe penalty for not wearing face masks in public places was reduced from Rs 2,000 to Rs 500 at a meeting of the Delhi Disaster Management A...
- Keeping pace with pandemic: Parliament panel advises post-Covid update for NDMAAccording to the report, the government has already constituted a committee to review the NDMA. The government, the report said, has alread...
- Covid call: India wants WTO to consider 'escape clauses'New Delhi asserted that any WTO response to pandemic without the waiver from Trade-Related Aspects of Intellectual Property Rights (TRIPS) ...
- Escape clause to avoid disputes in pandemic, global response system with other agencies key: India to WTONew Delhi has also said that the WTO, along with other international organisations, needs to put in place a pandemic response system, that ...
- How and when the force majeure clause can protect financial contractsThe force majeure clause includes the phrase ‘act of god’ to mean situations that are uncontrolled by human intervention and could not have...
- Trump threatens to terminate trade deal if China does not honour it citing coronavirus crisisChina and the US in January signed Phase-1 of the trade deal as the world's two top economic powers move forward to end their bitter tit-fo...
- Force majeure clause won't apply to coronavirus death claims in life insurance policiesThe Council also confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims. This step was taken to reass...
- Government trying to 'obfuscate' nuclear liability law: CPI(M)CPI(M) attacked BJP government for trying to "obfuscate" nuclear liability law and said it would strongly oppose any move to amend law or "...
- Assurance on nuclear issue likely, AG Mukul Rohatgi to address US concerns over Clause 46 of the ActThe declaration will be given by Rohatgi to address US concerns over Clause 46 of the Civil Liability Nuclear Damage Act that allows for un...
- French company seeks clarity on some clauses of civil nuke lawFrench company Areva, which is building nuclear reactors in Jaitapur, has asked India for more clarity on some clauses of the civil nuclear...
- Archaeological Survey of India policy to have disaster clauseThe Archaeological Survey of India has included a section on disaster management in the new national conservation policy for protected monu...
- Indo-US Nuclear deal: FICCI Secretary General Rajiv Kumar feels both sides should share liabilityHis comments came after Secretary of State Hillary Clinton raised the issue in her meeting with External Affairs Minister S M Krishna in Ne...
- Sikkim earthquake- A reminder to go for home insuranceIndustry estimates show that less than 2% of India's homes are insured against natural calamities and disasters such as earthquakes.
- A force majeure clause is quite critical in commodity contractsThe event and the causal connection must be outside the control of the parties and should typically be seen as ‘unforeseeable’ and ‘impossi...
- Central directive makes Bihar lose Rs 14000 cr in proposalsA central directive that prohibits production of ethanol from sugarcane juice has dealt a severe blow to Bihar govt's plan to develop the s...
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