Indian companies have been perceived as one of the worst bribe-payers while engaging in business abroad, ranking along with firms in other BRIC countries - Russia and China - according to anti-corruption organisation Transparency International 2008 Bribe Payers Index, released on Tuesday.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
'...for success like the BJP.' 'The BJP's work for the next election begins the day one election ends.'
"We continue to call on China to be transparent in sharing data and to conduct the necessary investigations and share the results. Understanding how the pandemic began remains both a moral and scientific imperative," Ghebreyesus said.
Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.
Contrary to popular perception that corruption was on the rise in India, an international organisation on Tuesday said it had in fact decreased in the past one year and placed the country 88th among 159 nations, down by two ranks.
Canadian Prime Minister Justin Trudeau Thursday reiterated that there are "credible allegations" that should be taken "extremely seriously" as he urged the Government of India to work with his country to allow justice to follow its course in the killing of a Khalistani extremist leader.
FIFA on Saturday suspended Spanish federation chief Luis Rubiales from all soccer-related activities
What is ailing India's Public Distribution System (PDS)? "Corruption" is the one and only answer to that question.
Rajnath also pitched for incentives in defence manufacturing, Singh said foreign companies are not only interested in investing in India but also ready to transfer technologies.
When the International Labour Organisation appointed Assane Diop as executive director to kick off its social protection initiative in 2000, it couldn't have found a man with better credentials for the job.
In world rankings, India came down from 72nd to 85th slot in a list of 180 countries.
India, China, and Russia lead in a corporate corruption list
'Instead of shouting at cricket matches, why don't we raise our voices for the release of the Indian Navy veterans in Qatar?'
The Act provides for quotas in teaching positions in central institutions for persons from Scheduled Castes/Tribes, socially and educationally backward classes, and those from economically weaker sections.
India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned the parameters based on which the US-based agency accords ratings, sources said on Friday. Ahead of its annual review of the sovereign rating, Moody's Investors Service representatives met Indian government officials during which the officials highlighted the reforms and strong fundamentals of the Indian economy. A higher rating for India would mean the nation is less riskier, translating into lower interest rates on borrowings.
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."
The G20 foreign ministers' meeting on Thursday was unable to come out with a joint communique due to sharp differences over the Ukraine conflict despite persistent efforts by host India to build consensus.
Pakistan has said that the Kashmir dispute has international ramifications and rejected India's assertion that the ongoing strife there is an internal matter where Islamabad has no role to play and should have no role to play.
They said that as Congress MPs, they are concerned about the transparency and fairness of the election process for the president of the party.
do you think that corruption in India is on the decline now, although slowly? What do you think can be done to make India a corruption-free country?
Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. "What we have been observing for quite some time now is that India has been growing at a very robust rate. "It's one of the star performers when it comes to real growth when you look at peer countries.
They agreed to continue technical exchanges to help end the epidemic worldwide as soon as possible, it said.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.
India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.
India's women wrestlers push for reforms after sexual harassment case
In the Global Corruption Index, a survey of 133 nations conducted by Transparency International (an anti-graft watchdog), India stood 83rd, recording a score of 2.8 out of 10.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
China on Tuesday angrily denounced the nuclear-powered submarine deal announced by the US, UK and Australia, saying the pact violates the Non-Proliferation Treaty (NPT) and the three countries are travelling "further down the dangerous and wrong path."
The spokesperson for the White House National Security Council said they are "coordinating and consulting" with Canada and also "engaging" with the Indian government.
So be it a minor traffic violation or even routine things like getting a ration card or a passport, most of us have at one time or the other have had to grease a few palms to get our work done.
India is ranked 90th on a list of 146 countries in the Corruption Perceptions Index, according to Transparency International ratings. India was ranked 83rd last year.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Punjab NRI Affairs Minister Kuldeep Singh Dhaliwal Thursday said the state government will provide free legal assistance to around 700 Indian students who are facing deportation from Canada.
