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."
Ramiz Raja's ambitious proposal of conducting a four-nation tourney comprising India, Australia, England under the aegis of the ICC was unanimously rejected
Once again, GT rode on the backs of the two players who have been lethal throughout this IPL season.
South Africa frustrated England's attempts to force a result on the final day of the first test at Lord's on Monday with more stubborn defence on a somnolent pitch to earn a draw. A rearguard action, which started on Saturday evening when South Africa followed on 346 runs in arrears, ended on Monday with the visitors 393 for three in their second innings.
PCB chief Najam Sethi said that they had sent a proposal to ACC that India can play their matches at a neutral venue.
Three takeaways for individuals living in a global society today, where misinformation and disinformation are rife.
Dilip Vengsarkar has received the prestigious BCCI-instituted Col. C K Nayudu Lifetime achievement award for his contribution to Indian cricket.
India has been named the first-ever 'country of honour' at Marche du Film, the business counterpart of the Cannes film festival.
With revenue growth impacted and uncertainty deepening in major markets, India's second largest IT services firm, Infosys, saw a net reduction in its headcount in the fourth quarter of financial year 2022-23 (Q4FY23). Infosys' workforce saw a net reduction of 3,611 employees, bringing its total headcount to 343,234. This was also the first time in many years that the company did not provide a hiring target for the next fiscal.
Shah will have the responsibility of heading ICC's most important committee. Al the major financial policy decisions are taken by the F&CA committee before it is ratified by the ICC board
Kane Williamson has stepped down as New Zealand Test captain and has been replaced by Tim Southee.
President Droupadi Murmu on Saturday took her maiden sortie in a fighter aircraft at Tezpur air base in Assam.
Reactions to Novak Djokovic winning his 20th Grand Slam singles title at Wimbledon
The former England captain says the ace batsman is in good form and should score his maiden hundred at the hallowed ground in the first Test against England.
'...they were shocked to learn that just 352 Indian soldiers had made 3 brigadiers, 2 colonels, 170 officers, 290 JCOs and 8,000 troops surrender to the Indian Army.'
Three English batsmen scored centuries as England Day 2 on 553 for five, in the first Test.
'I think my first obsessive, possessive and only half-requited -- as we would joke -- 'love' was Ivan. I saw him first slouching down the corridor of St Stephen's College nearly 50 years ago and was instantly smitten (as was everyone else around him).'
Is Chandrababu Naidu being in jail an opportunity? How will the TDP capitalise on it? Or will it implode with nothing more than a sigh?
'This is a landmark moment for Lord's, with women's cricket now documented in the dressing rooms for the first time.'
Soccer's top flight Premier League and the English Football League (EFL) had already announced they were postponing their next round of fixtures.
Indian American Raj Subramaniam would be the new chief executive officer of FedEx, according to an announcement made Monday by the US multinational courier delivery giant.
Neeraj Chopra, who won India's maiden athletic Gold on his Olympic debut, was awarded a cash prize of Rs 1 Crore by the BCCI
Citing complaints against Rajshekhar for 'running an extortion racket and demanding protection money', Delhi vigilance minister Saurabh Bharadwaj on May 13 ordered withdrawing all work assigned to the officer with immediate effect.
"Captaincy is a huge responsibility. I have the experience of leading my country before, there is a great bunch of guys with whom I have a good understanding and feel pretty comfortable.
The 67-year-old former Goldman Sachs banker, who has been the chairman of the UK taxpayer-funded licence fee-backed British Broadcasting Corporation (BBC), said the investigation found he had breached the governance code for public appointments.
Former stumper Syed Kirmani was bestowed with the prestigious Col. CK Nayudu Lifetime Achievement Award for his contribution to Indian cricket, while Test captain Virat Kohli bagged the Polly Umrigar Trophy for Cricketer of the Year in the BCCI awards night in Mumbai on Tuesday.
Anushu Gupta is being recognised for "his creative vision in transforming the culture of giving" in India and Sanjiv Chaturvedi for 'Emergent Leadership'
We'd like to know your thoughts on the safety of women in our country.
It was the first-ever Indian circumnavigation of the globe by an all-women crew, the Navy said.
'I am delighted that he has accepted, and he is ready for the added responsibility and the honour'
Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.
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.
Nargis Fakhri brought her bling along, as she attended the screening of Valeria Bruni Tedeschi's Forever Young.
Jamshed J Irani, known as the steel man of India, died in Jamshedpur late Monday night, Tata Steel said. He was 86. "The Steel Man of India passes away. It is with profound grief that Tata Steel informs of the demise of Padma Bhushan Dr Jamshed J Irani," Tata Steel said in a statement. He passed away on October 31, 2022 at 10 PM at TMH (Tata Hospital) in Jamshedpur, it said.
Captain Menon, Master of the oil tanker 'Sampurna Swarajya' of Shipping Corporation of India, is to receive the 2016 IMO Award for Exceptional Bravery at Sea for her role in the dramatic rescue of seven fishermen from a sinking fishing boat in tumultuous seas.
In a 16-member board, the candidate needs just nine votes from the directors to get elected.
Anshu Kumar, 21, son of government school teachers from a village in Bihar, won the President's Silver Medal at the NDA. He commanded the grand passing out parade and will go on to join the Indian Navy.
The Indian junior men's team beat Pakistan in a thriller in the final of the Men's Junior Asia Cup 2023.
