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."
'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.
The World Bank agreed to a greater say for member countries in dealing with governance and corruption after India, Britain and others questioned the 'overemphasis' on these matters at the cost of its core development agenda.
The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II.
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.
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'.
Punjab Chief Minister Parkash Singh Badal on Wednesday claimed that victory of the Janata Dal-United-Bharatiya Janata Party alliance in the Bihar assembly elections reflects the national mood against Congress party.
The party leaders and ministers also credited the victory in Bihar to the Modi government's success in navigating the country during the COVID-19 crisis.
...close to the 2024 general election. The BJP calling the Congress 'seasonal Hindu' is as laughable as the saffron party sparing itself the title of 'seasonal extreme Hindu.'
How else should one describe its election campaigns of the past years?
It was typically obsessive religion and personality cult with economic development for fig leaf, asserts Shyam G Menon.
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."
"I congratulate the people of Delhi and many thanks to them for their support and affection for the Congress," the 77-year-old leader said in her residence as jubilant party supporters danced to drumbeats and burst firecrackers.
Former India captain Bhaichung Bhutia on Monday said he might explore legal options after the All India Football Federation (AIFF) turned down his request for a discussion on the appointment of Shaji Prabhakaran as secretary general.
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.
Congress leaders P Chidambaram and Abhishek Singhvi said the judgement of the Supreme Court in cases concerning the abrogation of Article 370 has decided many issues but has left some.
"Congratulations to Mamata Didi for @AITCofficial's win in West Bengal. The Centre will continue to extend all possible support to the West Bengal Government to fulfil people's aspirations and also to overcome the COVID-19 pandemic," he tweeted.
Editor of the Milli Gazette and former president of the All India Muslim Majlis-e-Mushawarat Zafrul Islam Khan tells rediff.com's Vicky Nanjappa that this entire controversy is the result of a war between two factions of the Darul Uloom.
Union Minister M Venkaiah Naidu alleged that by not allowing Parliament to function, Congress was not stopping the Modi government but "creating hurdles" in the country's development.
Consensus emerged on the appointment of Congress president Mallikarjun Kharge as the chairperson of the opposition Indian National Developmental Inclusive Alliance (INDIA), while Janata Dal-United chief Nitish Kumar's name was proposed for the convener's post, pending approval of parties absent at the alliance meeting on Saturday, according to sources.
Shubman Gill and Suryakumar Yadav may get promotion in the annual central contracts list for the 2022-23 season.
Though it was not formally declared at the Doha trade negotiations committee meeting today, it is privately admitted that the 2010 deadline will not be achieved, several trade envoys and senior officials told Business Standard.
Modi believes that the Congress leadership does not have the political sagacity to undertake a course correction because of its preoccupation about not losing its current gains in the voter base, observes Shekhar Iyer.
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.
India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.
energy is India's binding supply-side constraint for inclusive growth.
The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.
With the Bharatiya Janata Party set for an impressive win in the Karnataka assembly poll, its leaders described the victory as an endorsement of Prime Minister Narendra Modi's development agenda and claimed that people have rejected divisive, toxic and negative agenda of the Congress.
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.
'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.
Aam Aadmi Party's Ferozepur Rural candidate Amandeep Ashu Banger on Monday quit the party and joined the ruling Congress in Punjab, alleging that Arvind Kejriwal's outfit runs like a "multinational company" with only Delhi leaders calling the shots.
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
...the BJP's template of operation was different or if the Centre and the state were ruled by dissimilar parties? asks Shyam G Menon.
The BJP and Congress have already launched spirited campaigns for the elections.
'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'
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.
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
India needs to consider whether the Donald Trump administration can actually deliver, observes former foreign secretary Shyam Saran.
