The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.
The Indian government's decision in 2012 to allow foreign direct investment in civil-aviation sector up to 49 per cent has enthused new airlines to launch their operations and capitalise on country's 1.2 billion population, a pre-statement to the Global Aerospace Summit said.
Pakistan has denied allegations it harbours these groups.
Economic cracks are already beginning to form along China's Great Wall.
The decision was taken during a ministerial meeting of the four countries on Monday on the sidelines of the ongoing United Nations General Assembly session.
The emerging nations of India, China, Brazil and Russia are firing IBM's growth and constituted five per cent of the company's second-quarter revenue.
Modi will first stop in Rwanda for a two-day visit, then visit Uganda from July 24-25 and finally go to South Africa.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
She said there was no bigger global challenge than "state-sponsored" and "state-protected terrorism, asserting those supporting terror networks must be made to pay the cost.
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
At a joint media briefing with Lavrov, Jaishankar listed issues such as "factors of instability" such as terrorism and its cross-border manifestation and said it remains a "major concern".
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
China's Vice Foreign Minister Li Baodong again harped on the need to build consensus over the admission of new members in the 48-member Nuclear Suppliers Group.
Modi will meet Xi at 12.30 pm (10 am IST).
India has so many relationships, such an ability to communicate and find touch points with different countries and regions.
External Affairs Minister S Jaishankar will arrive in New York on Sunday to participate in the high-level 77th session of the UN General Assembly, which kicks off on September 20 with the opening of the general debate.
Salary increments in India will touch a five-year high of 9.9 per cent in 2022 as organisations are planning to invest in new-age capabilities to build a resilient workforce amid strong economic recovery and positive business sentiment, a survey said on Wednesday. According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9 per cent salary increase in 2022, compared to 9.3 per cent in 2021. The study that analysed data across 1,500 companies from more than 40 industries, noted that the industries with the highest projected salary increases are e-commerce and venture capital, hitech/IT and IT enabled services (ITeS) and life sciences.
Chinese and Russian warplanes on Tuesday conducted joint air patrols over the Sea of Japan, the East China Sea and the West Pacific Ocean as the leaders of Quad held their in-person summit in Tokyo, in an apparent attempt to send a message of unity between Beijing and Moscow.
According to the IMF sources, the 27-member European Union bloc had asked the Chinese for support for Lagarde.
During the meeting on the sidelines of the 11th BRICS Summit on Wednesday, prime minister Modi said there was a "new direction and new energy" in bilateral ties after the two leaders' second informal summit in Chennai.
Our technology team is very closely watching all emerging markets including BRIC countries.
Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.
External Affairs Minister S Jaishankar on Thursday conveyed to his Chinese counterpart Wang Yi the need for an early resolution of all outstanding issues along the Line of Actual Control in eastern Ladakh, and asserted that bilateral ties should be based on mutual respect, mutual sensitivity and mutual interest.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada's Deputy Prime Minister & Finance Minister Chrystia Freeland on the sidelines of the G-20 Joint Finance and Health Ministers' meeting. "Finance Minister Smt. @nsitharaman had an engaging discussion with @cafreeland Dy. Prime Minister & Finance Minister of Canada on the sidelines of #G20 Finance & Health Ministers Meeting in #Rome. The Ministers discussed various issues, including economic and health cooperation," a Finance Ministry tweet said.
Her statement comes ahead of Pakistan Prime Minister Shahid Khaqan Abbasi's address at the United Natiosn General Assembly.
Price bands for the benchmark equity index derivatives will be same as that applicable for the existing stock index futures contracts.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
In what is seen as the first sign of China's exasperation over Russia's Ukraine war, Chinese President Xi Jinping on Thursday raised 'questions and concerns' over the conflict in his meeting in Samarkand with Russian President Vladimir Putin who thanked Beijing for its 'balanced position' on the crisis.
Modi emphasised that it was necessary to work together for sustained global economic recovery.
Earlier, Prime Minister Narendra Modi had extended an invitation to United States President Donald Trump, but he had expressed his inability citing "scheduling conflicts".
Observing that the economic weight of emerging powers like China, India and Brazil gives them clout in financial and political sphere, a top United States official has said that the Obama Administration has decided to develop 'a positive-sum trajectory' with these key global players.
Experts believe that though the fastest-growing economies of China and India have suffered some moderation, they are showing much more endurance than the other two countries in the BRIC pack -- Brazil and Russia. India's GDP growth has contracted from a quarterly peak of 9.7 per cent in the fourth quarter of 2006-07 to 5.3 per cent in the third quarter of the current fiscal, pulled down by decline in manufacturing and farm production.
The simple truth is that BRICs are still too small to be global locomotors unless they sustain double digit growth, which they manifestly can't in the present environment. Of course, the fact that the Asian BRICs are still expected to enjoy moderate growth in 2009, is itself testimony to their resilience in the face of global recession.
The South African Health Products Authority (SAHPRA) on Wednesday approved the use of Pfizer's Comirnaty COVID-19 vaccine after BioNTech and Pfizer announced that two doses of their vaccine may not be enough to protect against the Omicron variant.
Brazil and other developing nations are growing anxious about the expected withdrawal of stimulus in the United States
So, while it is great that India's numbers look relatively good, don't raise a cheer just yet, points out T N Ninan.
Asia and South America are drivers for growth in the hotel sector in the Gulf, particularly for Dubai, where demand is only limited by the number of available airline seats, senior hotel officials have said.
Amid worldwide alarm over a radiation scare in Japan following the tsunami, India and other nations from the Brazil-Russia-India-China-South Africa group on Thursday pressed for strict adherence to safety norms with regard to nuclear facilities and a proposal was floated for mutual assistance in similar incidents.
