Government approves changes in mega power policyOctober 1st, 2009 NEW DELHI - The cabinet Thursday approved amendments in the mega power policy to encourage setting up of new power plants. According to the new norms, the states that control the power distribution network can also buy electricity from mega power plants.
Venezuela to fine broadcasters of 'Family Guy'; official says show promotes marijuana useSeptember 24th, 2009 Venezuela to fine networks that air 'Family Guy'CARACAS, Venezuela — Venezuelan authorities plan to impose fines on cable television companies that refuse to stop airing the animated television series "Family Guy."
Justice Minister Tareck El Aissami says the program should be pulled from the airwaves because it promotes the use of marijuana. El Aissami was outraged by a recent episode in which the show's characters started a campaign to legalize marijuana.
Former Oregon Sen. Gordon Smith to head National Association of BroadcastersSeptember 18th, 2009 Former Ore. Sen. Smith to head broadcasters groupWASHINGTON — Former Oregon Sen. Gordon Smith was named on Friday to lead the National Association of Broadcasters.
Formation of regulatory authority only after consultation with industry: SoniAugust 26th, 2009 NEW DELHI - Information and Broadcasting Minister Ambika Soni has said that a regulatory mechanism would be formed for broadcasting only after consultations with stakeholders
Soni assured the broadcasters that the industry's larger interests would be taken into consideration while forming the mechanism. " Some ground rules are needed.
Action against airlines erring in H1N1 screening: RegulatorAugust 12th, 2009 NEW DELHI - India's aviation sector regulator has warned all airlines operating on international routes of "appropriate action" if they failed to comply with instructions regarding distribution of health screening cards to passengers on board. "It has come to the notice of the DGCA (Directorate General of Civil Aviation) that some airlines are still not distributing the requisite health screening cards to the passengers on board, causing public health hazard," a government statement said Wednesday.
Man tapped to replace disgraced Antigua regulator steps aside to avoid conflict of interestJuly 3rd, 2009 Antigua's new top financial regulator steps asideST JOHN'S, Antigua — The man appointed to replace Antigua's disgraced financial regulator is stepping aside to avoid a possible conflict of interest. Everett Christian was tapped for the job last week, after officials fired his predecessor Leroy King for alleged ties to a $7 billion Ponzi scheme by Texas businessman R.
Germany lifts freeze on Iceland's Kaupthing Bank accounts; payments to restart this weekJune 22nd, 2009 Germany lifts freeze on Kaupthing Bank accountsBERLIN — Germany's financial regulator has lifted a freeze on accounts at the German branch of Iceland's Kaupthing Bank enacted last year to keep it from collapsing. The regulator, BaFin, said Monday it had received a letter from Iceland's economy minister stating that the deposits of nearly 31,000 Kaupthing customers in Germany met Icelandic and EU regulations.
Geithner: Federal Reserve is best suited to be super financial regulatorJune 18th, 2009 Geithner: Fed best suited for super regulator roleWASHINGTON — Treasury Secretary Timothy Geithner says the Federal Reserve is best suited to become a super-regulator that would oversee financial firms so big and influential that their failure could topple the economy. Some lawmakers want to give the job to a council of regulators.
Insurance regulator may issue 'embedded value' normsJune 11th, 2009 KOLKATA - The country's insurance regulator may issue norms for estimating "embedded value" of future insurance premiums by August, a top official said here Wednesday. "The guidance note is ready and it would be issued within two months," J.
Expedite gas pipeline construction: DeoraJune 10th, 2009 NEW DELHI - With India's gas production set to double in a few months, the construction of a pipeline network should keep pace to enable its equitable distribution, Petroleum Minister Murli Deora said Wednesday. Speaking at a meeting with Petroleum and Natural Gas Regulatory Board officials, Deora said both the ministry and the regulator should work together to expedite the construction of trunk pipelines.
Broadcasters say majority of US House opposed to new performers royalty for radio airplayJune 3rd, 2009 NAB: House majority opposes new performers royaltyLOS ANGELES — The National Association of Broadcasters says a majority of U.S. House members are now opposed to imposing new fees on radio stations to pay performance artists.
Obama to name South Carolina utility regulator to open chair at FCCApril 30th, 2009 Obama to name SC regulator to FCC seatPresident Barack Obama intends to nominate Mignon Clyburn, a utility regulator and former newspaper executive from South Carolina, to the Federal Communications Commission. The five-member FCC has three vacancies.
National gas grid to be ready by 2015February 5th, 2009 KOLKATA - The pan-Indian network to distribute piped gas will be up and running by 2015, with 8,000 km of the grid under development and the government approving nine additional pipelines, a top official of the regulator said here Friday. 'The entire network can be in place earliest by 2015,' L.
BJP, CPI-M join hands, pitch for consensus on media controlJanuary 13th, 2009 NEW DELHI - Cutting across the ideological divide, the Bharatiya Janata Party (BJP) and the Communist Party of India-Marxist (CPI-M) Wednesday supported broadcasters against proposed measures to control the electronic media in emergency situations and asked the government to evolve a consensus. In a letter to Prime Minister Manmohan Singh, CPI-M general secretary Prakash Karat said 'no hasty steps' should be taken for media regulation and suggested 'a common approach' before any step is taken in this direction.
Regulator eases solvency norms for life insurersJanuary 1st, 2009 CHENNAI - India's insurance watchdog Friday offered life insurers, and more particularly the private life insurers, a mega New Year gift by easing solvency norms for the third time in recent days. Solvency margin is the excess of assets that a life insurer has to maintain over its liabilities.