Rishi Sunak has revealed that his former boss, Boris Johnson, has not returned any of his messages and calls since he resigned from his cabinet as chancellor, implying tension between the duo as the British Indian former minister battles it out in a tough race to be elected the next leader of the UK's governing Conservative Party.
The virtual meeting comes in the midst of some disquiet in Washington over India's position on the Ukraine crisis as well as its decision to procure discounted Russian oil.
The war in Ukraine has made its presence felt at the World Economic Forum's annual meeting in Davos. As political and business leaders' debate, they remain fearful of Europe's economic future. There is a sense of gloom among many business leaders as energy shortage and economic recession rear their heads. Global investors are keenly assessing the presence of Indian delegation at Davos.
International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.
In a statement, Modi said he will be visiting Berlin on May 2 at the invitation of German Chancellor Olaf Scholz, following which he will travel to Copenhagen on May 3-4 at the invitation of his Danish counterpart Mette Frederiksen to hold bilateral engagements and also participate in the Second India-Nordic Summit.
He recalled that the state was home to Vaishali, said to be the oldest republic in the world.
United Nations Secretary-General Antonio Guterres said on Monday that he has been in 'very close contact' with India and other countries on mediation efforts towards bringing an end to the war in Ukraine.
Though the worker strike at the Gorakhpur-based publisher of Hindu religious texts has been called off, it hints at an underlying financial crisis, says Manavi Kapur
Prime Minister Narendra Modi and his Japanese counterpart Yoshihide Suga met in Washington, DC, on Thursday to discuss ways to further cement the bilateral strategic ties ahead of the first in-person Quad meeting to be hosted by US President Joe Biden.
In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.
India on Thursday abstained in the UN General Assembly on a vote moved by the US to suspend Russia from the UN Human Rights Council over allegations that Russian soldiers killed civilians while retreating from towns near the Ukrainian capital Kyiv.
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
Maharashtra, Gujarat, Uttar Pradesh, Haryana, Madhya Pradesh, Bihar, Meghalaya, Delhi, Himachal Pradesh, Rajasthan, Jammu & Kashmir and Punjab hit hard.
In Maharashtra, Bhagat Singh Koshyari has done pretty much as he liked, observes Aditi Phadnis.
Bindra said he wanted to quit shooting after 2008 gold winning feat.
Nanpakal Nerathu Mayakkam is a masterpiece, and like most masterpieces of the cinema, it's a great act of folly, observes Sreehari Nair.
The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
India is sitting on huge untapped solar photovoltaic offgrid opportunities, given its ability to provide energy to hitherto vast untapped remote rural areas, the scope of providing backup power to cell towers and its inherent potential to replace precious fossil fuels.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
Legendary India footballer I M Vijayan on Friday urged the country's youngsters to "get addicted to football, not to drugs". The former captain, in his message on the occasion of International Day against Drug Abuse and Illicit Trafficking, said instead of seeking a quick solution through drugs, the youngsters should head to the football ground.
Manchester United is one of the most famous names in world soccer but is currently in crisis
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
The PLA launched a campaign to stop food waste and cultivate thrifty habits in the military under the "clean plate" campaign launched by President Xi Jinping.
'I am glad to be returning to the screen with this powerful film.'
Biden's proposal also sets aside USD 20 billion for a national vaccination programme and USD 50 billion to scale up coronavirus testing.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Rather than worry about what picture of India is being painted in the foreign media, the focus must be on marshalling all our energies to provide relief and solace to our deeply wounded and dispirited citizens, says former foreign secretary Shyam Saran.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
Modi's unexpected announcement of achieving net zero by 2070 may have neatly deflected the pressures on India to sign up to an ambitious pledge but it does nothing to dispel the ecological emergency that threatens all life on the planet, , points out former forerign secretary Shyam Saran, the prime minister's special envoy and chief negotiator on climate change 2007-2010.
'If something appears too good to be true, it most likely is'.
Lovingly made, heartfelt stories that speak the truths about our lives.
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).
Scientists have created the world's first practical artificial leaf that can turn sunlight and water into energy, which they claim could pave the way for a cheaper source of power in developing countries like India.
Abstaining in the UN General Assembly on a vote to suspend Russia from the UN Human Rights Council, India on Thursday asserted that if it has 'chosen' any side, it is the side of 'peace and it is for an immediate end to violence.'
Although Trump had announced his decision to withdraw from the historic Paris Agreement on climate change on June 1, 2017, the process began on Monday with the formal notification and the US will be out of the pact on November 4, 2020.
BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.
Heading G20 will give India a foreign affairs year like it has never had in history. You can trust Narendra Modi to exploit this to India's benefit. And, of course, to his own in his election year, explains Shekhar Gupta.
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