The one announcement of the Finance Minister Nirmala Sitharaman on Sunday that catches the eye for its focus on micro, small and medium enterprises (MSMEs) is “Further enhancement of ease of doing business through IBC related matters".

The government will not initiate any fresh IBC proceeding for a year. Pregnant pause, as with the IBC proposed today, has a lot of entrepreneurs’ expectation riding on the proposal.

And hopefully it will deliver positivity in the months ahead. The minimum threshold to initiate insolvency proceedings has been pushed to ₹1 crore from the current Rs1 lakh default.

This is with the thought that MSMEs would be largely insulated. Section 240 (A) of the IBC covers the framework of how it is applied on MSMEs.

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Valentine’s Day deals to get back at your ex

Topo Chico Hard Seltzer announced it is selling prickly valentines to send to a special ex-someone. "Bolder (and sharper) than your typical bouquet of flowers, each Prickly Valentine comes with a mini-cactus and commemorative card," the seltzer brand revealed in a press release.There is currently a limit of one cactus per customer, and an alcohol purchase is required. You can make a "point" to that lousy person and order here.With a $10 donation this Valentine's Day, The Florida Aquarium will also let you name a roach after an ex.Those who participate will receive a certificate commemorating the occasion and a photo of the roach. Participants will also be able to send a message with "words you wish you had said" or a "funny revenge confession." The aquarium said amusing, family-friendly confessions will be posted with anonymity on The Florida Aquarium’s social media. An, don't worry – they'll never "Hiss & Tell" who sent them! You can get started here.Meanwhile, the San Antonio Zoo will also host its Cry Me a Cockroach Fundraiser for its third year, where funds raised support the zoo’s vision of securing a future for wildlife. The Madagascar Hissing Cockroach.

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What is the consumer price index and how is it used to measure inflation?

Sale stickers on a store shelf. A seven percent increase in the consumer price index (CPI) over the 12 months to December was the highest since 1982.

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COVID-19 hospitalizations decrease slightly as Alberta’s vaccine passport program officially expires

COVID-19 decreased slightly on Wednesday as Alberta’s vaccine passport program officially expired.Premier Jason Kenney announced Tuesday that the restrictions exemption program would be lifted at midnight. The REP came into effect in September, and required Albertans to show proof of double vaccination or a negative rapid test result to obtain entry to businesses operating under the program.

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B.C. bringing in vaccine mandate for all remaining health-care workers

COVID-19, the province is finally implementing the policy.Provincial health officer Dr. Bonnie Henry announced on Wednesday family doctors, dentists, chiropractors, physiotherapists and pharmacists will be required to be vaccinated by March 24, 2022.Henry said there is a process in place for medical exemptions, which can be submitted to her office.“We have been working with the colleges to sort through the details on the notice we put forward in October.

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Rapid tests to be made available for free at Ontario grocery stores, pharmacies

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Road closures put in place around Queen’s Park ahead of possible protest

Toronto Police has put in place a number of road closures over rumblings on social media that a protest connected to the Ottawa convoy could come to the city. Erica Vella has more.

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Govt. program does not pay for crack pipes, White House says

Man holding a crack pipe. WASHINGTON (AP) - Following outrage on the political right, the Biden administration said Wednesday that a grant program to help prevent additional harm to people who use illicit drugs will not pay for safer pipes to smoke crack or meth."No federal funding will be used directly or through subsequent reimbursement of grantees to put pipes in safe smoking kits," Health and Human Services Secretary Xavier Becerra and White House drug policy adviser Rahul Gupta said in a statement.White House press secretary Jen Psaki said separately that was never the intention, complaining that impression was created by "inaccurate reporting."Monday was the deadline for service organizations and state and local governments to apply for a share of $30 million in federal money for "harm reduction" efforts intended to prevent disease, injury and other collateral trauma to people addicted to illicit drugs.RELATED: 93,000 Americans died of overdoses last year, a new recordThe original request for funding proposals from the Substance Abuse and Mental Health Services Administration had listed "safe smoking kits/supplies" among the items that could be purchased with taxpayer money.

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Smithsonian Museum is asking for pictures from Disney vacations

FILE - Crowds fill Main Street USA in front of Cinderella Castle at the Magic Kingdom on the 50th anniversary of Walt Disney World. Vacation photos have a new use.The Smithsonian National Museum of American History is asking for vacation photos from Disneyland in California or Disney World in Florida.

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2 men charged in string of New Castle County residential burglaries

NEW CASTLE, Del. - Police in New Castle County arrested two men they say are behind a string of home burglaries. Police say the men chose their victims because of their ethnicity.They say crimes similar to these have been reported to multiple police agencies from outside the state, including as far south as Georgia.Watches, jewelry, designer bags and sneakers.

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COVID-19: Ontario health minister says ‘not in the clear’ yet to end proof of vaccination, masking

As Alberta and Saskatchewan drop most COVID-19 restrictions, Ontario Health Minister Christine Elliott said on Wednesday there was no plan to drop the proof of vaccination or masking requirements yet as the province is “not in the clear” to do so.

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The Healing: Black men yoga takes shape to combat mental health

CHICAGO - When friends Tristan Lewis and Andrew Smith invited a few Black men to take part in a yoga class in Chicago in 2020, they didn’t know it would spur a nationwide movement.The two men created The Healing, a nonprofit aimed at promoting mental health for Black men and offering resources for improvement. Services include events where participants can share with each other about various struggles or sessions with mental health professionals.Most notably, the organization offers virtual yoga classes for Black men with the next one scheduled to place on Feb.

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Camden officials distribute KN95 masks, as slow rollout of free masks nationwide begins

CAMDEN, N.J. - Thousands of KN95 masks, recently donated by Cooper University Hospital, were given out in Camden County Wednesday, by city officials, in an effort to help halt the spread of COVID-19.Last month, the U.S. Government announced it would be handing out 400 million N95 masks to everyone in the country and those masks have started to appear in some stores.

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Green Day singer Billie Joe Armstrong's stolen classic car recovered in OC

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Lanarkshire locals encouraged to beat winter blues with health walks

Lanarkshire locals are being encouraged to shake off the winter blues with free health walks throughout the area.

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‘It’s a lot’: At least 2M Quebecers infected during fifth wave of COVID-19 pandemic

COVID-19: Quebec announces staggered reopening plan through to mid-March Nearly one million infections have occurred since Dec. 31, Boileau said.The government on Tuesday presented a road map to gradually lifting restrictions over the coming weeks, with most expected to be gone by March 14 — except mask mandates and the vaccine passport system.

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Global COVID cases top 400 million as levels decline again

The global COVID-19 total has passed the 400 million mark early into the third year of the pandemic, with cases last week declining in the world's fourth and biggest surge, fueled by the more transmissible Omicron variant.

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Police: Gunman opens fire on officer during shootout in Germantown, no injuries reported

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CDC head says COVID-19 mask guidance stands, for now

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Body of missing Philadelphia woman, Kim Ezell, found on Delaware college campus, family says

Kim 'Darlene' Ezell (Family Handout) NEWARK, Del. - The body of a missing Philadelphia woman has been found weeks after she was reported missing when authorities found her roommate dead inside their home, family members tell FOX 29.The family of Kim Ezell says authorities informed them that they identified a body that was found in a vehicle at the Delaware Technical Community College - Stanton Campus in Newark as their mother. Ezell, 59, was also known as Darlene. Family members say Ezell last spoke to her daughter on the phone on Jan.

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Judge restores visiting rights for Quebec father unvaccinated against COVID-19

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COVID-19: 116 patients at LHSC, MLHU adds 139 cases but no deaths

Middlesex-London Health Unit reported zero deaths and 139 COVID-19 cases on Wednesday, compared with two deaths and 190 cases last Wednesday. Wednesday marks only the second day this month that no new deaths were reported, the other being Monday.LHSC is caring for 116 inpatients with COVID-19, 22 of whom are in adult critical care.As noted, LHSC is caring for 116 COVID-19 inpatients, with 22 inpatients in adult critical care.

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COVID-19: Free rapid antigen tests now available at these Guelph locations

announced on Wednesday that it will be distributing 5.5 million rapid antigen tests for COVID-19 each week for eight weeks to various pharmacy and grocery store locations across the province.Over 2,300 locations will provide the tests while supplies last with a limit of one box of five tests per household. Free COVID rapid antigen tests now available at Ontario grocery stores, pharmacies at one-box limit Some participating retailers include Costco, Shoppers Drug Mart, Loblaws, Metro, Food Basics, Rexall, Sobeys, Real Canadian Superstore, Longo’s, Walmart, among others.There are at least 34 locations in Guelph that are offering the tests.

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COVID-19: 4 new deaths reported in Waterloo Region as hospitals care for 91 patients

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Alberta restaurants and customers react to COVID-19 restriction changes

Alberta has announced the end of the restrictions exemption program, and reaction to the news is divided. Jackie Wilson reports.

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Betty Davis, Queen of Funk, dies at 77

Portrait of American Funk, Soul, and R&B singer singer Betty Davis (nee Mabry), New York, New York, 1969. (Photo by Anthony Barboza/Getty Images)LOS ANGELES - Funk icon Betty Davis has died, Rolling Stone reported on Wednesday.

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FAA: Nearly 2 dozen planes hit with lasers near SEA this week

SEATAC, Wash. - The Federal Aviation Administration is investigating after crews from nearly two dozen flights reported getting hit with a laser near Seattle-Tacoma International Airport this week. This comes after four flights reported being struck by a green laser near SEA on Jan. 28.FOX 13 News reached out to the FAA about the most recent strikes. Get breaking news alerts in the FREE FOX 13 Seattle app. Download for Apple iOS or Android. And sign up for BREAKING NEWS emails delivered straight to your inbox.On Tuesday, Feb.

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North Korea claims it can hit US, 'shake the world' with missile after month of increased testing

FILE - People watch the coverage of North Korea's latest missile launch in Seoul Station, South Korea on Jan. 31, 2022.

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Latest coronavirus infection rates borough by borough as cases continue to fall across Greater Manchester

Coronavirus infection rates have continued to fall across all ten boroughs of Greater Manchester.

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COVID-19 Scan for Feb 09, 2022

A prospective cohort study of US children diagnosed as having COVID-19 reveals that certain demographic characteristics, preexisting chronic diseases, and initial vital sign and lab values may portend disease severity, a finding that the researchers said could help improve outcomes.The University of Colorado-led study involved 167,262 COVID-19 patien

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Alberta drops mask mandate for kids, education minister says boards can’t enforce their own

Alberta’s education minister said school boards can’t enforce their own mask mandates after the province-wide one is dropped next week. Kendra Slugoski has reaction.

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Google India reports very high search volumes for D2C brands during covid

NEW DELHI :

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Texas AG sues Instagram influencer for giving ‘bad health advice’

more than 464,000 followers on Instagram.Davis, 30, started selling online health and wellness packages back in 2014 after she became a popular social media influencer. The savvy star created the company Brittany Dawn Fitness LLC, which quickly garnered thousands of paying customers in plans ranging in price from $92 to $300 per month.According to the new lawsuit, obtained by the Dallas Morning News, Davis was contacted by at least 14 women suffering from eating disorders.

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COVID-19: Modelling predicts N.B. could loosen health measures if current restrictions remain for at least 1 more week

New Brunswick’s chief medical officer of health Dr. Jennifer Russell told a press conference on Wednesday that COVID-19 modelling predicts the province could safely reduce public health measures if current restrictions are kept in place for at least another week.

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U.S. COVID-19 trends are encouraging but loosening recommendations ‘not there yet:’ CDC chief

The head of the U.S.

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New Brunswick changes COVID-19 isolation, testing criteria

In order to meet the “changing outlook for the pandemic,” New Brunswick’s chief medical officer of health Dr. Jennifer Russell announced on Wednesday that the province is changing it’s requirements for isolation and COVID-19 testing.

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Opinion | All our fiscal options should be kept open

Finance minister Nirmala Sitharaman’s hints of further financial relief should lift the spirits of India Inc. Policy flexibility will serve the larger interests of the Indian economy

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Why India needs more than liquidity dreams

MUMBAI : Liquidity is the latest elixir in town. Finance minister Nirmala Sitharaman used the term about 40 times in the five presentations she made to the media between May 13-17 to lay out the ₹20-trillion economic package. Not surprisingly, a significant portion of the package ( ₹20.97-trillion to be exact) served up liquidity—and not fiscal stimulus as businesses and investors were expecting.

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Opinion | Solutions for the jigsaw puzzle that is Indian agriculture

There are many stylized facts that illustrate the shackles around Indian agriculture. Local solutions need to emerge, and the Centre should undo the shackles

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Opinion | Government moves on airports, MRO good but the sector needs more flight

In the fourth tranche of the government's Rs20 lakh crore stimulus package to restore the health of the economy, Finance Minister Nirmala Sitharaman made announcements for the aviation sector. There were 3 major announcements focusing on airspace management, airports and making India an MRO hub (maintenance, repair and overhaul of aircraft).

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Opinion | Govt uses virus crisis to push basic reforms

There is an emphasis on enhancing the quantum of inward investments

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Opinion | The Centre could yet play spender-in-chief

Its slew of sectoral reforms and enhanced allocations are good news. It should grant itself greater fiscal leeway, though, to spur demand and thus give our economy an instant boost

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Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday concluded the 5-day-long series of announcements on the Rs20 trillion financial package that the government hopes will revive the covid-struck economy. Built on the pillars of land, labour, liquidity and laws, today’s package is aimed at increasing government spending on rural jobs; privatizing government companies while ensuring former have a role in strategic sectors; scrapping or rewriting laws for a more business-friendly environment and removing fear of law among firms facing bankruptcy due to covid.

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Proposed IBC changes to benefit small businesses, resolutions to see a dip

MUMBAI: The Centre's move to increase the threshold for filing insolvency applications and a special resolution framework for small businesses will give some breathing room to the micro, small and medium enterprises (MSMEs) but resolution of stressed assets will take a beating.

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Govt raises MGNREGA budget; relaxes IBC, Companies Act norms to protect firms

Concluding the 5-day announcements of the government's Rs20 trillion financial package of liquidity and reforms to restore the health of the covid-struck economy, Finance Minister Nirmala Sitharaman on Sunday said the government would spend Rs1 trillion on Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGA). This is Rs40,000 crore than the amount originally planned to spend in FY21.

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Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing

NEW DELHI : Finance minister Nirmala Sitharaman is expected to make some key announcements today as she addresses the fifth and last press conference on the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To revive the Indian economy hit by the impact of coronavirus, the Modi government has decided to make India 'self-reliant' with a combination of several reforms, fiscal and liquidity measures. PM Modi has said that the measures and reforms will create many business opportunities and contribute to economic transformation.

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Industry hails structural reforms, but says liquidity boost needed

In big-bang reform measures, Centre has decided to raise the limit for FDI for defence manufacturing from 49 to 74% under the automatic route and has also allowed commercial mining of coal, whereby any party can bid for coal block and sell it in the open market

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Opinion | Small is bountiful

The MSME package should relieve small firms that have been hit hard by the covid-induced lockdown and are short of cash.

Nirmala Sitharaman India Government

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

Opinion | Keeping IBC in abeyance a pregnant pause, needs to be handled gently

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