On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
BCCI to seek SC approval to relax tenure reform
Citing the incident of Shiv Sena activists storming the BCCI headquarters in Mumbai protesting against the resumption of bilateral cricket series between the arch-rivals, the ICC President Zaheer Abbas said he feared for Pakistan players' security during the World T20 in India next year.
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.
The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8. The decision of the 43rd meeting of the MPC would be announced on Thursday, June 8.
The All India Tennis Association (AITA) on Wednesday dismissed Mahesh Bhupathi's allegation that the national federation is run by only one man and asserted that it is a "democratic" institution.
The world body is unlikely to even discuss a possible boycott of Pakistan when its Chief Executives Committee (CEC) meets in Dubai on Wednesday.
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
PT Usha set to get elected as IOA chief, first woman occupant of top job
The Paralympics Committee of India (PCI) has sacked its president Rajesh Tomar for the gross mismanagement at the recent National Para-Athletics Championship in Ghaziabad, where athletes suffered due to lack of proper facilities.
The International Cricket Council's Cricket Committee has recommended that the concept of umpire's call rule in the Decision Review System should stay, citing that the ball-tracking technology is not going to be 100 per cent correct.
'They are behaving according to their convenience. They have no right to ask question on areas which are outside players' domain. Their job is to play. Who is he (Bopanna) to ask such questions? There is (AITA) administration to look into these matters'
Former India all-rounder Irfan Pathan could be one of the biggest attractions in the inaugural Lanka Premier League (LPL) as he is among the 70 foreign players who have expressed interest in competing in the event starting August 28.
The Madras High Court on Tuesday dismissed as not maintainable, a public interest litigation (PIL) petition challenging the organisational polls of the opposition AIADMK, where incumbents O Panneerselvam and K Palaniswami were elected unopposed as Coordinator and Joint Coordinator, respectively, of the party.
The Pakistan Cricket Board (PCB) has demanded monetary compensation from the Board of Control for Cricket in India (BCCI) and the International Cricket Council (ICC) for damages after India's refusal to play the scheduled series. "We have mentioned it clearly to BCCI and ICC in recent meeting that either India should play cricket with Pakistan or compensate us for damages," PCB Executive Committee Chairman Najam Sethi was quoted as saying by the Dawn.
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.
With the ODI World Cup said to be held in India, ICC sources revealed that Pakistan prefers to play in only the two Indian cities they've felt safe in before.
International Cricket Council (ICC) chairman Shashank Manohar has flayed the imbalance of power within the governing body and criticised last year's revamp which, he believes, allows India, England and Australia to "bully" the organisation.
The resolution praised Prime Minister Narendra Modi's leadership and accused the opposition of 'opportunism' and a mindset of 'extreme hate'.
Tech Mahindra said the company believes in diversity and inclusion, and condemns "discrimination of any kind in the workplace".
'This means the remedy will be worse than the disease. The thing which you want to avoid will happen.'
In a bid to consolidate its position for the upcoming elections in Uttar Pradesh, and after having welcomed Bharatiya Janata Party leader Uma Bharti back into the party, the BJP on Wednesday re-inducted another of its former national leader into the party.
NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future, an official statement said on Sunday.
As soon as the House reassembled, Sarma stood to give his reply, which was objected by all opposition members saying "the matter was over".
'Hamas is going to be prepared. There will be booby traps and tunnels; it's going to be door to door fighting.'
Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.
In its 19-page Standard Operating Procedure for resumption of training as well as competitions, the Boxing Federation of India has mandated health protocols similar to what the Sports Authority of India has suggested.
Bhupathi's captaincy on line in Italy tie
The home ministry on Wednesday dropped domestic air travel from the list of prohibited activities during the ongoing lockdown, paving the way for operations of regular commercial flights. Union Home Secretary Ajay Bhalla issued the order in this effect in his capacity as chairperson of the national executive committee under the National Disaster Management Act.
The Sports Authority of India on Friday formed a three-member inquiry committee to look into gymnast Aruna Budda Reddy's allegations of being video-graphed without consent during a physical fitness test conducted in March.
However, an ICC spokesperson, according to a report in cricket.au.com., said that playing conditions for the men's T20 World Cup will be discussed in the organisation's Cricket Committee, which is scheduled to meet in the middle of this year, before they are formally signed by the Chief Executives Committee (CEC).
China has put a hold on a proposal moved at the United Nations by the United States and co-supported by India to designate Lashkar-e-Taiba (LeT) terrorist Sajid Mir, one of India's most wanted terrorists and the main handler of the deadly 2008 Mumbai attacks, as a global terrorist.
The Congress on Friday alleged that Facebook was being used as a weapon by the Bharatiya Janata Party to spread hate and fake news in the country and demanded that a joint parliamentary committee probe be conducted on the issue and laws be enacted to restrict Facebook and WhatsApp.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
Government-owned Air India has constituted a committee to implement the recommendations of the Dharmadhikari committee report on the pay and promotion structure of its staff.
Musharraf, 79, was suffering from amyloidosis, a rare disease caused by a build-up of an abnormal protein called amyloid in organs and tissues throughout the body, The Express Tribune reported.
Law Minister Kiren Rijiju on Saturday invoked the constitutional 'Lakshman Rekha' guiding different institutions, including the executive and the judiciary, and wondered that if judges become part of administrative appointments, who would carry out judicial work.
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