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US Lawmakers Seek to Lower Biofuel Compliance Credit on Blending Laws

Published By: Paras YadavLast Updated: July 13, 2023, 14:12 ISTNew York, United States of America (USA)A gas pump displays the price for E15 in US (Photo: Reuters)Under the proposed bill, refiners could buy credits around conventional biofuel blending, which includes corn-based ethanol blendingA bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the

How to Balance Innovation with Compliance: Lessons from the OceanGate Tragedy

Too Long; Didn't ReadOn June 18, 2023, OceanGate’s submersible, the Titan, suffered a catastrophic implosion during its descent into the North Atlantic Ocean. The five crew members on board, including OceanGate's CEO, were on a tourist expedition to view the wreck of the Titanic. The tragedy is a stark reminder of the need to balance compliance and innovation. Too Long; Didn't ReadOn June 18, 2023, OceanGate’s submersible, the Titan, suffered a catastrophic implosion during its descent into the North Atlantic Ocean.…

FG gives vessel owners six months for tax compliance, account reconciliation

To ensure tax compliance, the federal government has announced a grace period of three months for non-resident vessel owners to reconcile their tax obligations. A six-month grace period was equally given to vessel owners who are yet to reconcile their accounts and fulfil tax obligations to clear their outstanding tax bill, said to be running into millions of dollars. Reports said many of the vessel owners avoided the nation’s port due to tax concerns in the recent past. According to the Special Adviser on Revenue…

Government’s Relationship With Social Media Platforms Is Through Compliance of Law and Rules: MoS IT

The government's relationship with any social media platform is simply through the prism of compliance of law and rules, and therefore there is nothing personal or adversarial against one platform or the other, Union Minister Rajeev Chandrasekhar has said.The platforms have to respect the Indian laws, the Minister of State for IT and Electronics asserted.Chandrasekhar, who was speaking at the inaugural edition of FinancialExpress.com's Digital Bharat Economy Conclave 2023 on Wednesday, made it clear that the government's…

9-Seater SUV Mahindra Bolero Neo+ to Make a Comeback with BS6 P2 Compliance & Impressive Features

Last Updated: June 07, 2023, 11:14 ISTMahindra Bolero Neo+ Spied Testing (Photo: Rushlane)Mahindra Bolero Neo+ set for a strong comeback with enhanced compliance and features, offering power, variants, and competitive pricingMahindra is all set to reintroduce the Bolero Neo+ in the country after much anticipation. The SUV, which shares its roots with the TUV 300+, has undergone rigorous testing by the company.Although Mahindra had discontinued the model earlier due to concerns about the costs associated with transitioning…

Consumer protection agency to monitor compliance, prevent exploitation

The Federal Competition and Consumer Protection Commission on Tuesday said it will ensure that filling stations sell petroleum products in compliance with the law to prevent hardship on Nigerians. The commission made this known Tuesday in a statement signed by Babatunde Irukera, the Executive Vice Chairman/Chief Executive Officer. Nigerians have had difficulty getting petrol at filling stations since Monday after President Bola Tinubu announced government’s plan to put an end to the subsidy regime. The government…

Sebi may review compliance for VC, PE funds; Cred‘s rejigging its lending strategy

Happy Monday! Capital markets regulator Securities and Exchange Board of India (Sebi) has sought suggestions from venture capital and private equity funds to potentially simplify regulations for the sector. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Top-level exits continue at Swiggy■ Accenture jumps on to the AI bandwagon■ AI4Bharat puts India on the map of cutting-edge AI innovationExclusive: Sebi may ease compliance for PE and VC funds Things may get easier for venture…

How Meta Uses Netflix-Style Videos to Get Engineers Thinking About Compliance

Meta’s chief legal officer discusses the social-media company’s new compliance training series, which features recurring characters and plot twists involving shadowy hackers and a gaming convention. Meta’s chief legal officer discusses the social-media company’s new compliance training series, which features recurring characters and plot twists involving shadowy hackers and a gaming convention. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic…

Google Says in Compliance With CCI Order Regarding Play Store’s Payments Policy

Google on Wednesday said its Google Play's payments policy is compliant with the anti-trust watchdog CCI's order and it is pushing ahead with plans to enforce the policy in the country."In 2020, we clarified the requirements of our payments policy, and developers in India have had considerable time to make the necessary changes to their apps," it said in a blog post. "We're respectfully following the CCI's October 2022 order, and in compliance with that order, we expanded user choice billing to all developers in India and…

Google faces antitrust compliance review in India following Match Group complaint

Google’s ongoing feud with Match Group over in-app payments has spilled over to India, with potentially significant ramifications for the search giant. According to a regulatory order seen by , Match, the parent company of Tinder and Hinge, joined a group of Indian startups this week to request that the Competition Commission of India investigate Google’s . The CCI is the same regulatory body that last year the tech giant from requiring OEMs to bundle first-party Google apps and services with Android. The order, which…