'I recall that a similar situation arose in the first week of October 2008. An urgent meeting was convened and a solution was found by the end of the day,' says former finance minister New Delhi: Former Finance Minister and senior Congress leader P.

Chidambaram on Saturday said that Franklin Templeton Mutual Fund's decision to wind up six debt schemes was a matter of "grave concern" to the investors, mutual fund industry and the financial markets and urged the government to "resolve" the situation quickly. "Fortunately, the markets will be closed today and tomorrow.

I expect that the government will act promptly and resolve the situation quickly," Chidambaram said in a statement. "I recall that a similar situation arose in the first week

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New Zealand protesters vow to stay 'as long as it takes'

New Zealand anti-vaccine mandate protesters faced off with police outside parliament today, as demonstrators camped inside the Wellington legislature's grounds vowed to stay "as long as it takes".

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Alberta loosening COVID-19 restrictions as border protests resume

Alberta Premier Jason Kenney has announced the province’s public health restrictions will now be lifting, while a blockade of protesters demanding an end to mandates resumes at the U.S.-Canada border crossing near Coutts. Heather Yourex-West looks at the province’s plan, and whether it will be enough to satiate demonstrators.

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Young director using personal experience to share stories about growing up Black in Calgary

Director Kamika Bianca Guerra-Walker joins Global News’ Linda Olsen to discuss how she is using her experiences growing up Black in Calgary and how that has inspired her art.

Linda Olsen

Liberal MP tells Trudeau to ‘stop dividing Canadians’ over COVID mandates

Prime Minister Justin Trudeau continues to press hard on the importance of COVID-19 vaccines. But Quebec Liberal MP Joël Lightbound is challenging his own government’s strategy, demanding Trudeau to stop driving up divisions and deliver a roadmap to end public health mandates.

Justin Trudeau covid-19 vaccine Strategy

Sri Lankan health workers on strike for 3rd consecutive day

COLOMBO (News 1st); Thousands of Sri Lankan health workers are on strike for the third consecutive day, citing several demands.The trade unions demand that the authorities eliminate existing salary disparities in the sector just as they eliminated the teacher and principal salary anomalies.Health workers across Sri Lanka including nurses, and Public Health Inspectors are on strike citing multiple demands.They resorted to the indefinite trade union action from Monday (7).As a result of the strike activities at the Colombo General Hospital, Kandy General Hospital, 24 Teaching Hospitals, 26 General Hospitals, 46 Base Hospitals, 410 District Hospitals, and 293 MOH Officers came to a complete standstill.

General Hospital Sri Lanka hospital Health Action

Police: Two men wanted for armed robbery of Domino’s Pizza in North Philadelphia

PHILADELPHIA - Investigators with the Philadelphia Police Department are searching for two men wanted in connection with an armed robbery at a Domino’s Pizza in North Philadelphia. According to police, the robbery took place on Monday around 1:00 a.m. at the location on 2628 N.

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Chinese city uses traffic lights to enforce stay-at-home covid order

China enacted a similar traffic light change after one case was detected in November, only to repeal it amid outcry on social media.

China city Beijing India Russia pandemic Health Citi

Trucker convoy: Kids in 25% of vehicles could ‘complicate’ response, cops say

Freedom Convoy” trucks and say their presence “complicates” efforts to end the demonstration.More than 100 of the trucks remaining as part of the nearly two-week-long protest in downtown Ottawa are estimated to have kids living in them, OPS Deputy Chief Steve Bell told media in a briefing Tuesday afternoon.“Almost 25 per cent of the 418 trucks have children living in them — children who could be at risk during a police operation,” Bell said.“There’s a multitude of concerns” he said, citing effects from carbon monoxide, diesel fumes, cold, noise and a lack of access to sanitation on kids. Trucker convoy — Here’s what the 10-day injunction against horns includes Ottawa police have tapped the Children’s Aid Society (CAS) for advice on how to proceed with enforcement operations in the downtown core.They’re not seeking to take the kids out of the trucks or away from their parents at this stage, Bell said, but will follow the recommendations of CAS.“We’re not at the stage of looking to do any sort of enforcement activity around that,” he said.“We just think it’s an important factor that complicates and makes this an even more challenging operation.”To date, police and bylaw officers have issued more than 1,300 tickets for traffic violations, made 23 arrests and have 85 active criminal investigations related to the protest, which began as a response to vaccination mandates but has expanded to include a wide umbrella of anti-government sentiment.OPS are also liaising with U.S.

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COVID-19: Edmonton, Calgary school boards weigh in on Kenney dropping mask mandate for kids

COVID-19: Kenney announces Alberta vaccine passport program ending at midnight In a letter to school authorities, Education Minister Adriana LaGrange outlined the impact that relaxing COVID-19 restrictions will have on schools and students.“I have been encouraged to see a downward trend in the number of Alberta schools shifted to at-home learning over the last few weeks,” she said.“At the peak of the fifth wave, there were 29 schools that were shifted to at-home learning, and today, only seven of the over 2,500-plus schools in our province remain learning at home.”Please see my letter to school authorities below: pic.twitter.com/Z3sph78dDv— Adriana LaGrange (@AdrianaLaGrange) February 9, 2022LaGrange said the masking requirement that will be removed effective Feb. 14 will apply to any students in schools or on school buses.

Adriana Lagrange covid-19 vaccine mask

Winter Olympics: Team Canada fans outraged over $68 Lululemon red mittens

Winter Olympics since 1998 in Nagano, Japan.She has a decade’s worth of knitted red mittens, purchased every year since their debut as part of the Canadian Olympic uniform in 2010.But this year Reid says she won’t be buying anything, because after the merchandising partnership changed hands from Hudson’s Bay to Lululemon, she considers the prices too steep to justify.“They were a great, affordable way to show Canadian Olympic pride and some of the money goes to support our national team,” Reid says of her iconic mittens.“I looked at the Lululemon site and I was pretty surprised to see the prices. I was OK with The Bay’s mittens going up to $20, but $68 for a pair is too much for me.”Reid isn’t alone.

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₹808 cr claims to kin of healthcare workers who died of covid: Minister

₹808 crore to families of 1,616 deceased healthcare workers from 33 states and UTs, who were involved in fighting the COVID-19 pandemic, Union Health Minister Mansukh Mandaviya in a written reply to a question in Rajya Sabha on Tuesday.

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Sri Lanka to consider vaccinating kids below 12

COLOMBO (News 1st); Sri Lanka’s Health Ministry said that it is conducting a study on the possibility of vaccinating children below the age of 12.Deputy Director-General of Health Services, Dr. G.

Health Services G.Wijesuriya Sri Lanka vaccine Health Action

International tensions causing higher gas prices stateside, experts say

PHILADELPHIA - Gas prices continue to climb across the nation as experts claim rising tensions at the Russia-Ukraine border is pushing up the cost of crude oil. According to AAA, the national average for a gallon of gas jumped roughly 7 cents last week. Closer to home, AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.44."Financially, yeah, it hurts," said Fatima Robinson, a Lyft driver from Fairmount.

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CHOP endorses optional masks in school districts with low COVID-19 numbers

PHILADELPHIA - As a winter surge of COVID-19 cases brought on by the highly-infectious Omicron variant continues to recede, some states have set a deadline for lifting mask mandates in schools. While the Centers for Disease Control and Prevention (CDC) has stood by its recommendation for students to wear masks in school, New Jersey Gov. Phil Murphy said this week that individual districts will have the power to set mask rules after Mar.

Phil Murphy John Carney Cheryl Bettigole state New Jersey state Delaware covid-19 mask Health

DWP updates PIP guidance for assessments involving people with mental health conditions

The Department for Work and Pensions (DWP) has announced significant changes to its guidance for health professionals carrying out Personal Independence Payment (PIP) assessments across the UK.

Britain Department Health Provident Updates

India adds 71,765 new cases of coronavirus, 1,217 deaths in 24 hrs

coronavirus cases have surged to 41,610,976. On the other hand, the fatalities count has surged to 5,05,279, which accounts for 1.19% of the total caseload.

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Glenmark Pharma launches nasal spray for treatment of Covid patients in India

COVID-19 who have high risk of progression of the disease.

India city Sanotize covid-19 patient Fighting

With declining Covid-19 cases, restrictions to be eased in Kerala, Mumbai soon

Mumbai will be unlocked by the end of February, mayor Kishori Pednekar said on Tuesday, according to news agency ANI. "We have made up our minds," she also said, while stressing not to show laxity in adherence to Covid protocol. "It is essential for the people to wear masks and observe social distancing," Pednekar also said.

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Mahindra Lifespaces offers group health insurance for homebuyers

₹3 lakh and ₹5 lakh. The Group Care 360 policy is underwritten by Care Health Insurance. This scheme will ensure access to quality healthcare services for all homeowners in the project.

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COVID-19: Alberta doctors, mayors react to Kenney removing vaccine passport, restrictions

announced plans to lift COVID-19 restrictions in phases on Tuesday. COVID-19: Kenney announces Alberta vaccine passport program ending at midnight “It’s time for us to learn to live with COVID-19,” he said at a press conference, listing the challenges of the pandemic: disrupting livelihoods, dividing people and hurting mental health.“It’s time to let kids be kids.”Kenney said the restrictions exemption program has “outlived its useful purpose,” announcing that after Feb.

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COVID-19: Kenney announces Alberta vaccine passport program ending at midnight

Alberta’s COVID-19 vaccine passport program will cease to exist when the clock strikes midnight on Feb. 9, and almost all public health restrictions will be lifted March 1 if the situation in hospitals continues to improve, Premier Jason Kenney announced Tuesday.

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Killer cop Wayne Couzens 'suffering badly' and 'seriously ill' with Covid in prison

Murderer Wayne Couzens has been placed in isolation after catching Covid in prison. The rapist cop who served as an officer for the Metropolitan Police force is currently serving a full life sentence for the murder of Sarah Everard.The 48-year-old is said to have caught the virus while serving time in HMP Frankland in Durham, with reports stating he is "seriously ill".Wayne is one of less than 20 prisoners in the Durham jail who have contracted Covid.It's been reported that a section of the prison has been closed off to stop the spread of the virus, with food and drink being left at the foot of the door of Wayne's isolated cell.A source told The Sun: "People have been talking about karma, but it looks like he will be OK.

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Suns hold off Sixers 114-109 for NBA-best 44th victory

PHILADELPHIA, PENNSYLVANIA - FEBRUARY 08: Chris Paul #3 of the Phoenix Suns and Joel Embiid #21 of the Philadelphia 76ers look on during the third quarter at Wells Fargo Center on February 08, 2022 in Philadelphia, Pennsylvania. NOTE TO USER: User ex PHILADELPHIA - Devin Booker never tires of watching Chris Paul do his thing to lift Phoenix to big wins.Paul did his part for the Suns in back-to-back nights on the road against top teams in the East — first, Chicago and then Philadelphia — and gets to try it again next game in a rematch with the NBA champs."You’re a cold piece of work, CP3," Booker said.Booker scored 35 points and Paul had 16 points and 12 assists to lead the Suns to their NBA-high 44th win, 114-109 over the 76ers on Tuesday night.The Suns rallied from a 14-point deficit to win for the 14th time in 15 games, raising their record to 44-10.Up next this week for Phoenix, an NBA Finals rematch at home against the Bucks."Our goal is what everybody knows it is," coach Monty Williams said.

Joel Embiid Williams Chris Paul Devin Booker Monty Williams state Pennsylvania city Chicago county Wells Philadelphia, state Pennsylvania city Fargo, county Wells city Philadelphia, state Pennsylvania Citi Ball

McConnell rebukes RNC, calls Jan. 6 'violent insurrection'

WASHINGTON, DC - JUNE 21: Senate Minority Leader Mitch McConnell, R-Ky., walks from his office to the Senate floor at the U.S. Capitol on June 21, 2021, in Washington, D.C.

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G. L. meets India’s Spy Chief Doval to conclude visit

COLOMBO (News 1st); Foreign Minister of Sri Lanka Prof. G.L.

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14-hour Water Cut for multiple areas in Gampaha on Wednesday (9)

COLOMBO (News 1st); The National Water Supply and Drainage Board said that a 14-water cut will be experienced from 4 PM on Wednesday (9) for many areas in the Gampaha District.The areas that will be affected are:Ekala, Kotugoda, Udammita, Thudella to 20th Mile Post along Raja Mawatha, Wahatiyagama, Delatura, Katunayake, Seeduwa, Udugampola, Minuwangoda, Katunayake Air Force Camp, Katunayake Free Trade Zone, and Katana South.

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2 men shot inside Overbrook bar, police say

OVERBROOK - Philadelphia Police are investigating after two men are shot inside a bar in Overbrook.The shooting happened Tuesday night, around 8:15, on the 6600 block of Lansdowne Avenue.Police were called to the bar on the report of gunshots inside the establishment.Arriving officers found a 31-year-old man with two gunshot wounds to his leg. He was taken to Lankenau Medical Center by police and placed in stable condition.A second man, 54, was found to be suffering from a gunshot wound to his buttocks.

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Alberta ending vaccine passport program and other COVID-19 public health restrictions

Premier Jason Kenney says Alberta’s vaccine passport will end almost Tuesday at midnight and most other big COVID-19 health rules will be gone in three weeks from now. Dan Grummett, Tom Vernon and Morgan Black have team coverage on what is happening, how the health-care system is doing and how Albertans feel about the changes.

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Alberta restaurants, gyms have mixed feelings about scrapping vaccine passport

Starting Wednesday, Alberta restaurants, gyms and concert venues will no longer be required to ask for proof of vaccination. As Morgan Black explains, owners have mixed feelings about scrapping the restrictions exemption program.

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Alberta removes Restrictions Exemption Program effective at midnight: Kenney

Alberta Premier Jason Kenney announces the Restrictions Exemption Program will end at 11:59 p.m. on Feb. 8, 2022.

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Kenney: Turning public health policy into ‘political football’ not helpful

Alberta Premier Jason Kenney responds to a question about municipalities and the provincial governments being on the same page when it comes to COVID-19 policy.

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Businesses can continue using COVID-19 QR codes as long as they are issued: Kenney

Alberta Premier Jason Kenney says businesses who want to continue to use the Alberta COVID-19 vaccination QR code are allowed to do so as long as they are issued.

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Restrictions Exemption Program has been ‘extremely tough’ on rural Alberta businesses: Kenney

Premier Jason Kenney says the Restriction Exemption Program has been “extremely tough” on businesses in rural Alberta with low COVID-19 vaccine uptake.

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Alberta expands COVID-19 vaccination eligibility for youth

Alberta Health Minister Jason Copping announces expanded eligibility for youth to receive the COVID-19 vaccine.

Alberta Health Jason Copping covid-19 vaccine Health

The COVID-19 trends that will decide B.C.’s path forward

Global’s Keith Baldrey looks at what COVID-19 trends B.C. officials will take into account, when deciding on which restrictions to ease.

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Philadelphia man accused of road rage shooting in Montgomery County

WHITEMARSH TWP, Pa. - A Philadelphia man is accused of shooting a driver in an apparent road rage incident last month on a highway in Montgomery County. Keith Choice, 31, was taken into custody on Tuesday after police said he shot another driver on the northbound side of State Route 309 in late January. According to investigators, a 65-year-old man was driving in the far left lane when Choice pulled up next to him and fired a single shot that hit the victim in the right upper arm. MORE LOCAL HEADLINESPolice said the bullet narrowly missed striking the victim's neck.

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Buses won't be adequate to transport migrants: P Chidambaram

NEW DELHI : Former Finance Minister and senior Congress leader P. Chidambaram on Wednesday welcomed the government's decision to allow inter-state movement of migrant workers and students after testing and demanded sanitized trains point-to-point to move large number of workers.

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RBI's liquidity measures late in saving Franklin Templeton schemes

MUMBAI: The Reserve Bank of India's (RBI) special liquidity facility of ₹50,000 crore for mutual funds is at least a week late and comes only after Franklin Templeton India decided to shutter its six debt schemes. The benefit of the liquidity window is unlikely to be available to these six schemes, considering that redemptions in these schemes were stopped on 23 April.

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Franklin Templeton: When the cult of star fund managers fails

MUMBAI : Street smart, aggressive, bold are some of the common adjectives that peers have used to describe Santosh Kamath over the past few days after fund house Franklin Templeton's drastic decision to shut down six debt schemes.

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Star Franklin Templeton manager burns in the very market he helped create

Santosh Kamath, CIO for fixed-income, is widely acknowledged as having helped build the market for credit rated below AAA in India as a major buyer of those assets

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Amfi in damage control mode after Franklin shuts funds

Liquidity, maturity profile and credit quality for other debt funds is appropriate for day-to-day operations to continue uninterruptedly, Amfi said

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Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

Such an extreme step has created panic among their investors as well as mutual fund investors in other debt schemes across AMCs, says ANMI

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A chase for high yields landed Franklin Templeton in a lockdown

MUMBAI : Franklin Templeton India’s decision to shut down six debt schemes can be traced to its recent predilection for taking credit risks and chasing yields, particularly in schemes where the fund was ideally not supposed to take credit risks. The worsening economic situation has further soured the credit risk in the fund's books, leading to huge redemption pressure, forcing the fund to shut down the debt schemes.

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Franklin Templeton effect: AMFI assures money in debt schemes safe

MUMBAI: In the aftermath of Franklin Templeton India winding down six debt schemes, the Association of Mutual Funds in India (AMFI) on Friday rushed to assure investors that their money in debt schemes is safe.

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AMC stocks weak as Franklin Templeton shuts six debt schemes

Mumbai: Shares of HDFC Asset Management Company tanked 6% and Nippon Life India Asset Management tumbled 12.7% on Friday on fears of increased redemption pressure after Franklin Templeton Mutual Fund announced the winding up of six of its debt schemes.

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Franklin Templeton shuts six debt schemes. What does it mean for debt investors?

It looks like the woes of debt fund investors are far from over. In an unprecedented move, Franklin Templeton Mutual Fund has announced the winding up of six of its debt schemes as it faced severe redemption pressure and illiquidity in the bond markets due to the ongoing covid-19 crisis. The schemes that Franklin Templeton Mutual Fund is going to close include Low Duration Fund, Ultra Short Bond Fund, Short Term Income Plan, Credit Risk Fund, Dynamic Accrual Fund and Income Opportunities Fund. According to data available on the Value Research website, these schemes collectively hold assets of ₹30,853 crore in their collective portfolio, as of end of March.

Franklin Templeton covid-19 experts crisis prevention

Covid-19 impact: Franklin Templeton shuts down 6 yield oriented credit funds

Mumbai: Franklin Templeton Mutual Fund in India on Thursday announced shutting down of six of its yield oriented managed credit funds owing to the severe illiquidity and redemption pressures caused by the Covid-19 pandemic.

Franklin Templeton India city Mumbai county Franklin covid-19 president pandemic crisis

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Franklin Templeton winding up six schemes a matter of grave concern: Chidambaram

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