In recent years, there has been a dramatic growth in financial remittances into India.

Devesh Kapur: The $50 billion question

Business Standard

Robert Zoellick will depart in June as president of the World Bank, once again raising the thorny issue of leadership of the Bretton Woods twins (the Bank and the International Monetary Fund, or IMF). At their birth, John Maynard Keynes memorably warned that if these institutions did not get good leaders they would &ldquo;fall into an eternal slumber, never to waken or be heard of again in the courts and markets of Mankind.

Devesh Kapur & Arvind Subramanian: Who should lead the World Bank?

In the cacophony of debates on the wisdom of liberalising retail foreign direct investment, or FDI, one viewpoint was noticeably absent: whether and how this might affect India&rsquo;s strategic interests. While retail FDI seems a far cry from strategic interests, the more pertinent question is the broader implications of FDI on India&rsquo;s strategic interests, as distinct from the more obvious &ndash; and much debated &ndash; economic effects.

Devesh Kapur: The geo-strategic implications of FDI

Ahmedabad (Gujarat) [India], December 21: Latteys Industries Limited, an NSE-listed leader in energy-efficient solar submersible pumps, has announced remarkable financial results for the Quarter and Half Year ending September 2024.

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

New Delhi [India], December 21: Whispering Earth's MyEcoTour has been awarded the coveted MSME INDIA 5000 Award for the year 2024. MyEcoTour is a luxury travel service provider based in Mumbai, India. It offers mindful and immersive travel experiences worldwide, prioritizing eco-conscious practices and carbon footprint reduction. This award is a stamp of their quality standards, exceptional customer service and commitment to society.

Whispering Earth\'s MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

New Delhi [India], December 21: Surya Sarees, Delhi's renowned ethnic fashion house, celebrates World Saree Day 2024 with grandeur, grace, and an unwavering commitment to India's sartorial heritage.

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

New Delhi [India], December 21: Tis the season for whipping up famed family holiday recipes and serving special, homemade holiday desserts. With so many treats surrounding us this time of year, it's easy to accidentally overindulge. Combine the loads of delicious food with cold weather and a lack of regular sleep and exercise (not to mention the stress of the times we are living in), and you might find yourself headed straight to sniffle town.

How to Stay Healthy During the Holidays

New Delhi [India], December 21: The year 2024 was a defining period for industries in India, showcasing resilience, innovation, and adaptability across real estate, education, manufacturing, energy, and consumer goods sectors. Companies capitalized on emerging opportunities, achieving remarkable milestones while laying robust foundations for future growth. As they reflect on their achievements, these industry leaders are also setting bold visions for 2025, aiming to drive innovation, sustainability, and excellence in their respective fields.


Industry Leaders Envision 2025 While Declaring 2024 as the Year of Transformation and Innovation

Stay with us for all the major news updates from around the world

Nirmala Sitharaman, Nirmala

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

PM Modi will embark on a historic Kuwait visit, marking the first by an Indian PM in 43 years, aiming to boost ties in trade, energy, investment, and cultural exchanges

Narendra Modi, modi

Tata Steel Netherlands will face fines of almost €27 million ($28 million) if it doesn't take measures at its coke plaBy Charlotte Hughes-Morgan

Tata Steel Netherlands

Sri Lanka decided to review two projects worth about $1 billion linked to the Adani Group after US authorities last month accused Adani Group Chairman Gautam Adani and seven others

Gautam Adani, Adani

NSA attended first meeting of Special Representatives since 2020 border clashes, held in Beijing

India China

Uttar Pradesh Jal Shakti and Namami Gange Minister Swatantra Dev Singh said on Wednesday that the state is on track to surpass one billion tourist visits, generating Rs 3 lakh crore in economic activity.
Speaking at the foundation stone-laying ceremony of a 180-foot-tall Shiva temple being constructed by the Ram Janki Temple Trust, Singh credited this surge in tourism to the development of corridors across various religious sites and the leadership of Prime Minister Narendra Modi and Chief Minister Yogi Adityanath.
"So far, 60 crore tourists have visited the state due to corridor development. Additionally, we estimate around 45 crore visitors for Prayagraj's Maha Kumbh. With these numbers, Uttar Pradesh will surpass one billion tourists," Singh said.
The minister highlighted the shift in public sentiment towards religion and safety in the state.
"After Prime Minister Modi and Chief Minister Yogi took charge, people's faith in the Sanatan Dharma has grown immensely. There is also a 

varanasi

The government has disbursed total incentive of Rs 331.86 crore to 18 of 42 beneficiaries under the telecom PLI scheme as on October 31, Parliament was informed on Wednesday.
Minister of State for Telecom Pemmasani Chandra Sekhar in a written reply to the Lok Sabha said as on October 31, the PLI (production-linked incentives) beneficiaries have reported employment of 25,359 people and total sales of Rs 68,708 crore, including exports of Rs 13,007 crore.
According to data shared by the minister, Jabil Circuit India leads the chart of beneficiary companies under the list with a total incentive of Rs 78.62 crore.
It is followed by Nokia Solutions and Networks India Pvt Ltd that has received incentives of Rs 46.92 crore, Tejas Networks Rs 32.66 crore, Flextronics Technologies (India) Rs 30.6 crore, Commscope India Rs 25.95 crore, NeoLync Tele Communications Rs 21.79 crore, Rising Stars Hi-Tech Rs 20.33 crore.
Sanmina-SCI India, which is majorly owned by RIL group firm, received an ...

telecom

France's highest court has upheld an appeal court decision which had found former President Nicolas Sarkozy guilty of corruption and influence peddling while he was the country's head of state.
Sarkozy, 69, faces a year in prison, but is expected to ask to be detained at home with an electronic bracelet  as is the case for any sentence of two years or less.
He was found guilty of corruption and influence peddling by both a Paris court in 2021 and an appeals court in 2023 for trying to bribe a magistrate in exchange for information about a legal case in which he was implicated.
"The convictions and sentences are therefore final, a Court of Cassation statement on Wednesday said.
Sarkozy, who was France's president from 2007 to 2012, retired from public life in 2017 though still plays an influential role in French conservative politics. He was among the guests who attended the reopening of Notre Dame Cathedral earlier this month.
Sarkozy, in a statement posted on X, said I will assum

Nicolas Sarkozy, Photo: AP|PTI

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

Devesh Kapur

Devesh Kapur

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Devesh Kapur: The $50 billion question

Devesh Kapur & Arvind Subramanian: Who should lead the World Bank?

Devesh Kapur: The geo-strategic implications of FDI

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Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Whispering Earth's MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

How to Stay Healthy During the Holidays

Industry Leaders Envision 2025 While Declaring 2024 as the Year of Transformation and Innovation

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