Monday, October 12
NEW DELHI: The Indian Railways is readying a policy to institute a sandbox to encourage start-ups, the railways, information technology and information and broadcasting minister Ashwini Vaishnaw said Thursday."Maybe in another two months from now, we'll have a new policy where any new innovative idea can be tried and tested at a small scale, in a sandbox environment, and then we can scale it up to a bigger level," he said CII summit.A sandbox refers to a safe and controlled environment where businesses can experiment while risk of regulatory penalties or legal repercussions are minimised.Vaishnaw said this builds upon the experience gained from using start-ups in railway procurement. "The results have been very encouraging," he said, adding the national transporter has been onboarding star
In a fast-moving legal reversal, a federal appeals court in Washington reinstated US President Donald Trump’s expansive tariffs on foreign imports on Thursday, one day after the U.S. Court of International Trade ruled that Trump had exceeded his authority under emergency powers.The US Court of Appeals for the Federal Circuit issued a temporary stay on the lower court’s decision, allowing the tariffs announced on April 2—labelled by Trump as “Liberation Day” duties—to remain in effect while the government appeals."The request for an immediate administrative stay is granted to the extent that the judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions pape
