With the two-day G20 Summit scheduled to begin on Saturday, the question that is being asked: ”Can there be a joint statement that has the consensus of all the members”? While the optimists feel by and large the G20 members have already reached a consensus on various subjects at the ministerial-level meetings, the pessimists, however,…
New Delhi: Reliance Industries on Wednesday said it has received Rs 8,278 crore from Qatar Investment Authority (QIA) for around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led group. As per the deal, it has allotted 6.86 crore equity shares to QIA of RRVL, which is…
New Delhi: The upcoming Parliament session on September 18 is likely to begin in the old building and shift to the new structure the next day, officials said on Wednesday. According to officials, the shift to the new Parliament building will coincide with Ganesh Chaturthi, considered auspicious to make new beginnings. The 10-day long Ganesh festival…
New Delhi: India’s diversity and its extraordinary successes means it is the “right country” at the “right time” to hold the G20 presidency, British Prime Minister Rishi Sunak said on Wednesday, as he hailed Narendra Modi’s leadership over the last year, noting that India’s presidency of the bloc came when the world is facing innumerable…
New Delhi: The finance ministry has tightened the anti-money laundering rules by bringing in partners holding 10 per cent stake in a firm, as against 15 per cent earlier, under the definition of beneficial owners. The ministry has amended the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, which also provides for management-level functionary as ‘Principal…
New Delhi: What does the British Prime Minister discuss at the dinner table with his Indian parents-in-law? Is it Indian politics or the challenges of running Britain? Neither. It’s cricket. “The most political we tend to get is in our discussion of cricket. I’ve agreed that my daughters can support India when it comes to cricket,…
Bhilwara (RJ): Congress president Mallikarjun Kharge on Wednesday said the alliance of like-minded opposition parties named INDIA has worried the BJP and it is trying to mislead people by raising the “India-Bharat” issue. He said the Congress has already spread the message of “Bharat Jodo” through its Bharat Jodo Yatra from Kanyakumari to Kashmir. “They…
New Delhi: The Indian Institute of Management (IIM) Lucknow is offering an elective course on “The Wisdom of Indian Philosophy” to groom future industry leaders in their approach towards real-life tasks by deriving inspiration from India’s roots, according to officials. While the course is taught in English and has some traces of modern theories, it primarily…
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday urged fintech players to set up a Self Regulatory Organisation (SRO) at the earliest for an orderly growth of the industry. “Fintech players need to evolve industry best practices, privacy and data protection norms in sync with the law of the land,” he said, adding that…
New Delhi: The Union Cabinet on Wednesday approved a Rs 3,760 crore viability gap funding for setting up battery energy storage system in the country, said Information and Broadcasting Minister Anurag Thakur. The entire Rs 3,760 crore viability gap funding will be borne by the central government, the minister said while briefing media about the Cabinet…
