Hockley, when asked about the report, denied suggestions that the powerful nations were turning a blind eye to Test cricket, saying he had met Snedden during the New Zealand-Australia first Test in Wellington and conveyed to him that Australia was very much committed to help ICC ensure all the three formats flourish.
Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.
'They were as late as June 2023 and they did not follow it up with concrete measures immediately in terms of a secretariat or common minimum programme, working group or seat sharing etc.' 'They continued to have periodic meetings after a gap of weeks where they had tasty dinner and coffee, but beside that they did nothing else.'
At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
The government has approved the 'Terms of Reference' for the 16 Finance Commission, which makes recommendations on sharing of tax revenues between the Centre and states. The recommendations would cover a five-year period commencing April 1, 2026, Information and Broadcasting Minister Anurag Thakur said on Wednesday, giving details about the decisions taken at the Cabinet meeting last evening. The commission would submit its report by October 31, 2025, Thakur said.
Some diplomats feel India's role is not just minding the logistics, but also keeping the G20 agenda on track and "keeping everyone involved and informed".
Mohan said bilaterally also, India is working with countries like the United States.
The Indian Navy, which was earlier looking towards the US for design expertise, technical know-how and operational practices, is now considering the advantages of working with the Royal Navy.
On Wednesday, amid the ongoing G20 event in Jammu and Kashmir, the delegates took a tour of Srinagar's Polo View Market.
The Indian Navy's Marine Commandos have taken charge of the security of Dal Lake and the Sher-i-Kashmir International Conference Centre, which will host the G20 meeting, on the banks of the Dal Lake.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
As part of its efforts to showcase India's cultural and regional diversity at a global stage, the Modi government has hosted G20 events across the country's length and breadth.
China on Friday said it will not attend the planned G20 tourism working group meeting in Jammu and Kashmir next week, asserting that it is "firmly opposed" to holding such meetings in the "disputed territory".
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
Prime minister Narendra Modi on Saturday asserted that India will leave "no stone unturned" in its efforts to organise the 2036 Olympics as the government expressed a strong desire to host the biggest sporting event in the world.
This is the first international meeting being held in Kashmir after the abrogation of Article 370 and the bifurcation of the erstwhile state into two Union Territories -- Jammu and Kashmir, and Ladakh -- in August 2019.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
It will be Putin's first participation in a multilateral summit after a mercenary group launched a short-lived armed rebellion last week that rocked Moscow.
India on Friday strongly protested China's decision to issue invalid visas to some of its athletes for the Asian Games.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
On Tuesday, the current lot of G20 visitors toured three colonial landmarks in south Mumbai -- the BrihanMumbai Municipal Corporation's heritage building headquarters, the magnificent Gateway of India and the Taj Palace hotel.
Srinagar Senior Superintendent of Police Rakesh Balwal, who has expertise in handling terror-related cases, has been "prematurely" repatriated to Manipur cadre where a fresh bout of violence has worsened the already tense situation.
The International Financial Services Centre Authority (IFSCA) plans to operationalise the framework for direct listing of companies at International Financial Services Centre (IFSC) exchanges by the end of the year, said Chairperson K Rajaraman. He added that the amendments would be notified within three months. Further, the GIFT City regulator is also considering the launch of separate payments system regulations - similar to that of the real time gross settlement (RTGS) for banking within a few months.
'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'
The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.
A multi-billion dollar broadcast market, the game's most powerful board's positive intent and a perfect pitch by the global body based on a three-fold 'U-P-L' principle ensured cricket's inclusion in the 2028 Summer Olympics in Los Angeles.
The meeting of the 14-member all-important panel of the opposition will take place at the residence of Nationalist Congress Party leader Sharad Pawar in New Delhi on September 13 evening.
Delegates of all G20 countries, barring China, arrived in Srinagar on Monday for the third working group meeting on tourism -- a much-anticipated event for which authorities have made extensive security arrangements and spruced up the summer capital of Jammu and Kashmir.
This statue, which is 28-foot tall including the pedestal, was made using the ancient lost-wax technique of metal casting that was used for making the famed Chola bronzes, sources said.
The top diplomats of Quad nations on Friday denounced as "inadmissible" any use or threat of use of nuclear weapons in the Ukraine war and strongly opposed any "unilateral actions" that seek to change the status quo in the South and East China Seas, a region that has witnessed increasing Chinese military offensive.
Byju Raveendran, CEO and founder of the eponymous edtech giant, has told shareholders that the company will set up a board advisory committee (BAC). This was part of a discussion on July 4 with shareholders at an emergency general meeting (EGM). Raveendran also said that in the next EGM in three weeks will give details about BAC's members and composition.
China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.
Revamped at a cost of Rs 10 crore, Ouni village in Uttarakhand is being touted as a 'modern village' now. Nearly 40 solar street lights, two new transformers, and as many washrooms have been set up in the village, which didn't have street lights till a few months ago, reports Sarthak Choudhury.
The best, wisest, and fairest next step in strengthening our own cause is to restore statehood to Jammu & Kashmir and allow the resumption of robust political activity. That's a box that remains unchecked on the Modi government's report card as we approach the fourth anniversary of Kashmir's Constitutional shift, notes Shekhar Gupta.
The Securities and Exchange Board of India (Sebi) is mulling doing away with the priority distribution (PD) model in Alternative Investment Funds (AIFs) and introducing in the regulation pro-rata rights (based on the ratio of their commitments) for investors. AIFs are pooled investment vehicles but certain schemes have been observed to be following a differential distribution model where one class of investors, often a junior class, share loss more than the ratio of their contributions in comparison to the senior class of investors. As the senior class of investors have priority in distribution over the junior class of investors, the profit distribution is done first to these investors while they are compensated for loss out of the residual capital of junior class investors.
Covovax is likely to be available on the portal in a few days at a price of Rs 225 per dose plus applicable GST.
India and South Africa have decided to set up a Joint Working Group on terrorism and will share intelligence to prevent terror attacks.
The Insurance Regulatory and Development Authority of India (IRDAI) is considering a proposal to make insurance frauds a parameter for calculating credit scores in an attempt to put a lid on the increase in such activity. The proposal, which is a part of the recommendations made by a working group formed by Irdai and the General Insurance Council, suggests that insurance frauds should feature when the risk profiles of individuals are evaluated and should be used to calculate their credit scores. A poor credit score can deprive a person of financial services such as loans and credit cards, and deter him from indulging in fraud.
Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.
