The State Commission concluded the insurer could not take advantage of a typographical error on the bank's part to repudiate a legitimate claim, points out Jehangir B Gai.
Prime Minister Narendra Modi is deeply concerned by the war in Ukraine and his meeting with President Volodymyr Zelenskyy in New York demonstrates his commitment to finding a way forward and contributing in any way possible to a resolution of the conflict, Foreign Secretary Vikram Misri said.
Prime Minister Narendra Modi has left from Delhi for Brazil to attend the five-nation Brazil, Russia, India, China and South Africa (BRICS) summit slated to be held for two days, starting Monday. Here is his statement ahead of the meet.
Putin made these remarks on Tuesday while speaking at the Plenary session of the 8th Eastern Economic Forum in Vladivostok, a major port city in sanctions-hit Russia's Far East region
The Addis Ababa Declaration, which was adopted at the end of the second Africa-India Forum Summit, called on all countries to ensure that acts of cross-border terrorism do not occur and their territories are not made a base for terrorists. Both India and Africa condemned piracy and terrorism in all forms and called for active prosecution of persons who subscribe to such heinous crimes. "We unequivocally condemn terrorism in all its forms and manifestations," it stated
Chief Minister of Maharashtra Prithviraj Chavan said it is an opportunity for the state, which has been at the forefront of economic development in the country, to showcase itself as a favourable investment destination.
By proposing the addition of six permanent members this year, it may appear that it was a major concession, but in actual fact, it will make no difference to the privilege of the permanent five as the new six will have no veto, ever! points out Ambassador T P Sreenivasan.
The US Air Force's (USAF) two newest fifth-generation supersonic multirole F-35A aircraft made a historic debut at Aero-India here on Monday, drawing strong interest and adding lustre to the five-day marquee event.
It was almost as if we were back to 'acchey din', when Parliament was a forum where two sides fought ferociously as equals. For that we need to thank Rahul Gandhi, notes Jyoti Punwani.
Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.
Prime Minister Manmohan Singh has expressed disappointment at developing countries being ignored in the selection of the president of world's key financial body, the International Monetary Fund (IMF).
Putin made these remarks on Thursday at a forum in Moscow organised by Russia's Agency for Strategic Initiatives (ASI).
Both the Congress and AAP are part of the 16-party United Opposition Forum, Assam, formed to contest the general elections together, but a rift had emerged with members of the forum announcing candidates against each other in various constituencies of the state.
West Bengal Chief Minister Mamata Banerjee on Friday wrote to Prime Minister Narendra Modi, saying that her state would sever all ties with the Damodar Valley Corporation (DVC) for 'unilaterally releasing water', which led to floods in south Bengal districts.
The Journalists Forum Assam on Tuesday appealed to the people of the northeast region to defy the call given by militant outfits prohibiting them from celebrating Independence Day on August 15.
Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.
Adani Group on Wednesday said it will invest over Rs 12,400 crore in an array of projects including a data centre, clean energy project, and a cement plant in Telangana. The group signed four memorandums of understanding (MoUs) for the investments at the World Economic Forum in Davos in presence of Telangana Chief Minister Revanth Reddy and Adani Group chairman Gautam Adani. The conglomerate's flagship firm Adani Enterprises will invest Rs 5,000 crore in setting up a 100 MW data centre that will use green energy while its renewable energy unit Adani Green Energy Ltd will spend an equivalent amount in setting up two pump storage projects.
India is on a rediscovery of Africa. India and Africa, as maritime neighbours have an ancient tradition of trading links. But a modern day engagement is taking shape between them with the Indian government going ahead with a Focus Africa policy for a structured interaction with all regions of the African continent. The second Africa-India Forum Summit is to be held in Addis Ababa next week.
Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.
Former RBI governor Raghuram Rajan on Tuesday said it is too premature to think that India will replace China when it comes to influencing global economic growth. However, the situation may change going forward as India is already the world's fifth largest economy, it is growing and has the potential to keep expanding. At a World Economic Forum (WEF) press briefing on the recently released Chief Economists Outlook that saw majority of them expecting a global recession in 2023, Rajan said any recovery in the Chinese economy would definitely boost the global growth prospects.
'India is a rising power and it'll become one day a great power. I think the diplomatic skills, the execution of a flawless G-20 sends the message that India has arrived on the scene and it is becoming a great power'
'...to bring the Global South and others to the negotiating table on the basis of Gandhi's non-violence so that we can leave a safer world for our children.'
Last year, China held a meeting with some South Asian countries on COVID-19 vaccine cooperation without the participation of India.
The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.
Concerned over disturbing trends in global economy, India and African nations on Wednesday called for increasing economic cooperation to combat the menace of rising food and energy prices.
The Kukis have already declared that they are not fielding any candidate in the parliamentary polls as an act of boycott.
In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.
India's first-ever Olympic medallist in women's boxing Mary Kom has been honoured with the Global Indian Icon of the Year award at the annual UK-India Awards in Windsor.
India's tactical and operational response demonstrated its ability to prosecute tri-service operations, even without a formal tri-service doctrine or the higher command structure needed to coordinate it, points out Ajai Shukla.
India and Africa on Wednesday asked the developed counties to take "ambitious actions" to reduce their greenhouse gas emissions and also provide finance and technology to the developing counties so that they could effectively address the impact of climate change.
'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.
The ITLF alleged that thousands of weapons looted from state armouries in capital Imphal are being used in the "ethnic cleansing campaign".
The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.
Soured political relations between India and Pakistan have complicated matters
To help consolidate India as a major global power, the Manmohan Singh-led United Progressive Alliance (UPA) government will unveil a new policy to promote Indian companies in international markets.
'The video is cropped just before the point where I say that Virat is capable of playing across situations but that I was only highlighting how even the greatest players have to keep adjusting demands and priorities.'
Russian President Vladimir Putin traveled to Beijing on Tuesday for the opening ceremony of the Belt and Road Forum at the Great Hall of the People.
The Assam Police have issued notices to opposition parties 'ordering' them to 'withdraw' the hartal over the implementation of the Citizenship (Amendment) Act and warned that 'legal action' will be taken against them if they fail to follow the diktat.
The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.
