By Arun Kumar Shrivastav Anura Kumara Dissanayake was sworn in on Monday as the ninth President of Sri Lanka in the first election since its economic collapse in 2022. marking a historic moment as the country’s first leftist head of state. The 55-year-old Dissanayake is the leader of the...
MUMBAI: Many well-heeled persons have perfected a mechanism to use corporate credit cards for personal expenses during overseas travels. Amid fears that such overseas spends could soon come under the annual limit on foreign remittance by an individual, these high net worth customers believe that they would avoid breaching...
NEW DELHI: India on Sunday signed up to join the clean- and fair economy components, and the overarching agreement of Indo Pacific Economic Framework for Prosperity (IPEF), at Delaware in the US, in the presence of Prime Minister Narendra Modi, who is on a 3-day visit to the country...
NEW DELHI: The National Financial Reporting Authority (NFRA) indicated that its revised Standards on Auditing 600 (SA 600), which are aimed at improving the quality of group audits, would cover just 1.8% of the 1.7 million “active” companies, to allay the fears that the new norms would result in...
BENGALURU: Policymaking is nothing if not about trade-offs, Chief Economic Advisor (CEA) V Anantha Nageswaran said as he underlined the importance of a stronger collaboration between academia and policymakers. Speaking at the launch of Isaac Centre for Public Policy (ICPP) at Ashoka University in Bengaluru on Saturday, he emphasised...
NEW DELHI: India is planning to develop an index that will map the demand and supply gap of workers in recognised occupations in every state. The Ministry of Labour and Employment is developing the Occupational Shortage Index (OSI) in consultation with the International Labour Organization (ILO), a government official...
NEW DELHI: The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month in the backdrop of the Indian economy recording 7 per cent growth rate for the fourth consecutive year. The budget for the next financial year would...
NEW DELHI: Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement from Monday here, an official said. The agreement is aimed at further boosting bilateral trade and investments between the two regions. The two sides...
NEW DELHI: Debt-ridden Vodafone Idea on Sunday said it has awarded contracts worth about Rs 30,000 crore to Nokia, Ericsson and Samsung for supply of 4G and 5G network equipment for three years. It is the largest deal awarded by any Indian telecom operator during this year. The deal...
NEW DELHI: The Goa Chamber of Commerce and Industries (GCCI) has demanded an urgent review of the mineral taxation ruling by the Supreme Court, stating that the increased cost of mining will inevitably lead to higher prices for essential commodities, including steel, power and cement. The Supreme Court last...
NEW DELHI: Around 75 per cent UPI users will stop using it if any transaction charge is levied on the service, a survey by Localcircles said on Sunday. The survey found that 38 per cent of users make over 50 per cent of their payment transactions via UPI instead...
By Satyaki Chakraborty The junior doctors’ movement in West Bengal partially ended on its 41st day on September 20 Friday. The striking doctors joined their duties on September 21 in emergency services only in the state government run medical colleges and hospitals still keeping the OPD work and surgical...
By K Raveendran The Supreme Court of India is finds itself at the threshold of a unique opportunity to create history when a bench headed by chief justice D Y Chandrachud takes up next month a clutch of petitions seeking a review of the 2022 verdict concerning the Prevention...
By Sushil Kutty “No power on earth can bring back Article 370,” Prime Minister Narendra Modi roared in Jammu & Kashmir, apparently having regained some of his vitality after the “half defeat” on June 4. We hope to hear more of his return to form after he returns from...
By Harihar Swarup What makes the upcoming assembly polls in Jammu and Kashmir different from previous ones is the altered constitutional framework. The reorganization post the scrapping of Article 370 brought Jammu and Kashmir under full purview of the constitution. Thus, the new government will have to operate without...
By Arun Kumar Shrivastav Canadian Prime Minister Justine Trudeau is facing one of the toughest challenges in his nine years in power so far. Early this month, Jagmeet Singh’s New Democratic Party (NDP) withdrew support to Trudeau’s minority government. Now, Trudeau is likely going to face a no confidence...
By M A Hossain The recent explosion of thousands of pagers across Lebanon is an alarming development that bears the hallmarks of Israeli involvement, potentially signalling an imminent military escalation between Israel and Hezbollah. This tension has been mounting since Hezbollah’s recent engagement with Israeli forces, a direct response...
By Nathan Akehurst / Kristina Millona LONDON: When Keir Starmer scrapped the Tories’ disastrous Rwanda deportations deal within days of assuming office, there was a sigh of relief. Many welcomed what seemed to be a decisive shift away from the previous government’s strategy of using relentless cruelty toward people...