Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Afghan President Hamid Karzai will arrive in Islamabad on Monday on a one-day trip to discuss the frayed ties with Pakistan and seek release of Taliban leader Mullah Abdul Ghani Barader as a confidence building measure.
'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'
It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
Shubman Gill and Suryakumar Yadav may get promotion in the annual central contracts list for the 2022-23 season.
The meeting to be presided over by External Affairs Minister S Jaishankar will be attended by US Secretary of State Antony Blinken, Japanese Foreign Minister Yoshimasa Hayashi and Australia's Penny Wong.
Taking the floor immediately after his election, Ashe, who is Antigua and Barbuda's Permanent Representative to the United Nations in New York, said that in 18 months, the world body would launch an agenda for sustainable development for all
In contrast to the inertia in the SP camp, the ruling Bharatiya Janata Party showed no complacency in the run-up to the polls this month.
The agency seized a Haryana-registered BMW car from Soren's residence apart from some documents recovered by them during the search conducted at the house, sources said.
A number of academicians as well as political scientists Yogendra Yadav and Suhas Palshikar, who were part of the textbook development committee of the NCERT, had asked the council to drop their names from textbooks over 'several substantive revisions of the original texts'.
Prime Minister Narendra Modi on Friday met United Nations chief Ban Ki-moon who said he "counted on India's leadership" in South Asia, at the Sustainable Development Goals summit in New York marking the world body's landmark 70th anniversary session.
'I want us not to underestimate Indian voters. They can tell good work from bad.'
Obama said he wants to boost the use of natural gas in transportation
Abdullah said if the gap between the communities is to be bridged, the hateful campaigns like The Kashmir Files film and incessant Hindu-Muslim debates on the media have to be stopped.
The monsoon session of Parliament which saw many disruptions since it began on July 20 over the Manipur violence issue, is set to become more turbulent with the government likely to introduce a bill in the Lok Sabha to replace the Delhi services ordinance.
He also dismissed the possibility of a fractured mandate and claimed the party will get more seats than the last Lok Sabha polls.
Defending the abrogation of Article 370 of the Constitution, the Centre on Monday told the Supreme Court that the entire region of Jammu and Kashmir has witnessed an "unprecedented" era of peace, progress and prosperity, with street violence, orchestrated by terrorists and secessionist networks, becoming "a thing of the past."
'All the big production houses are making superhero films, so I thought I should make one too. So I have made a genuine superhero film,' Vivek Agnihotri says about his new film, The Vaccine War.
Addressing the media, Jarange, on an indefinite hunger strike since August 29 at Antarwali Sarati village in Jalna district in central Maharashtra demanding reservation in jobs and education for the Maratha community, asserted he would not succumb to pressure from either the government or the opposition on the quota issue.
'I don't know if he put up a front but he never let me feel his morale was down. He told me how he was tackling the problems he was facing, or if there was some way the lawyers could help, but he would always tell me not to worry with a big broad smile.'
Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.
FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.
Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.
Prime minister likely to visit Beijing, Shanghai; also President Xi's home province, Shaanxi. Nayanima Basu reports
Shah also rejected West Bengal Chief Minister Mamata Banerjee's charge that Prime Minister Narendra Modi's visit to a temple of the Matua community -- which is in sizeable number in the state -- during his trip to Bangladesh violated the poll code.
The BJP and Congress have already launched spirited campaigns for the elections.
'Barring Tamil Nadu and Kerala, the BJP will may make inroads in Karnataka, Andhra and Telangana in 2024.'
Modi emphasised on deeper India-Africa partnership on clean energy.
Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibrancy of the Indian economy and work towards bringing back stability, confidence and growth on the global landscape.
United States development aid to countries are now inspired by military doctrine and patterned on the Nine Principles of War, found in every American soldier's manuel, according to the USAID administrator.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
With the 2024 Lok Sabha elections less than eight months away, the SP is experimenting with yet another template of combining a soft Hindutva tenor with its time-tested Muslim-Yadav combination to reclaim its lost political capital vis-a-vis the BJP.
Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.
Addressing the valedictory session of the BJP's national executive, Modi stressed that the BJP runs on the values of 'Sewa, Sanklap aur Samparan (service, resolution and commitment)' and 'does not revolve around a family', urging its members to work for people, Union Minister Bhupender Yadav said quoting the prime minister.
In a strong reaction, external affairs ministry spokesperson Arindam Bagchi said such statements only expose the OIC as an organization devoted to a "communal agenda being pursued through terrorism".
'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'
In India, air pollution is most severe in the Indo-Gangetic Plain (northern India), where topography and meteorology concentrate pollution from energy, mobility, industry, agriculture, and other activities, the researchers said.
Modi will arrive in France on Thursday evening and straightaway head for talks with Macron, who will also host a working dinner for the visiting leader.
