To grab a higher share of margins, the DRC government has recently approved a new mining code that has enhanced the royalty rates on cobalt from 3 per cent to 10 per cent

India losing out on African minerals

Business Standard

There is an imperative need for holding simultaneous elections for various reasons as polls have become expensive and time-consuming, according to the proposed bill being brought to implement the ambitious 'one nation, one election' plan.
According to the constitution amendment bill listed for introduction in the Lok Sabha on Monday, the imposition of a Model Code of Conduct in several parts of the country which are poll-bound puts on hold the entire development programmes and causes disruption of normal public life.
Frequent poll code imposition also impacts the functioning of services and curtails the involvement of manpower from their core activities for deployment for prolonged periods for election duties, the 'Constitution (129th) Amendment Bill, 2024' underlined.
The bill proposes to insert a new article 82A -- simultaneous elections to the House of the People (Lok Sabha) and all legislative assemblies and to amend Article 83  (Duration of Houses of Parliament), Article 172 ..

'One Nation, One Election' proposal likely to have German blueprint

President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead, Sam Altman said in a statement

OpenAI Chief Executive Officer Sam Altman

Chief of Air Staff, Air Chief Marshal Amar Preet Singh on Saturday urged the graduating cadets from the Air Force Academy near here to uphold the ethos, traditions and honour of the Indian Air Force (IAF).
He served as the reviewing officer of the Combined Passing Out Parade of the IAF at the Air Force Academy near here.
Addressing the cadets, Singh said their career is not only challenging but also honourable.
He further said whether in the sky or on the ground, the officers have a vital role to play in operations and should make sure that they understand their role.
Exhorting the newly commissioned officers to be future leaders and commanders, the IAF chief said the responsibility should be a motivating factor in their lives.
"You are the future leaders and commanders, not just air warriors, and you will chart the destiny of Indian Air Force. Let this huge responsibility not wear you down, but be a motivating factor in your lives," he said.
If the young officers let the core va

Amar Preet Singh, Amar Preet, Air Chief Marshal

New Delhi [India], December 14: Today, the University of Chicago celebrated the 10th anniversary of its Center in Delhi and the many collaborations, relationships and scientific research it has nurtured. Taken together, these opportunities in diverse fields from liberal arts to medicine provide strong momentum for the University's outreach in India, and to the cutting-edge, cooperative work required to tackle the world's most challenging issues. Following an inaugural anniversary event in February, today the Center concludes a year of intellectual engagement celebrating its decade in India. It will focus on bringing "Ideas to Impact" for the next ten years and beyond, while strengthening its partnerships under the framework of the US-India Initiative on Critical and Emerging Technologies (iCET). The University marked the occasion by celebrating the India launch of the Institute for Climate and Sustainable Growth.

University of Chicago Center in Delhi Sets Ambitious Goals for Future, as Institute for Climate and Sustainable Growth Launches in India

The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday.
JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and Bankruptcy Code (IBC) of the Corporate Insolvency Resolution Process (CIRP).
These assets were earlier attached by the federal probe agency under provisions of the Prevention of Money Laundering Act (PMLA) in an investigation against Bhushan Steel and Power and its promoters on charges of alleged bank loan fraud and "diversion" of those funds for personal investments.
The Enforcement Directorate (ED) said the restitution of assets worth Rs 4,025 crore was made under Section 8(8) of the PMLA (restitution pending trial), read with Rule 3A of PMLA Restoration of Property Rules.
The apex court gave its approval on this Enforcement Directorate (ED) proposal on Wednesday, the agenc

Enforcement Directorate, ED

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance

Here is the complete list of stocks turning ex-date next week for their respective corporate actions, as per BSE data, along with key details

Dividend

Allu Arjun was arrested over a stampede at the Pushpa 2 premiere in Hyderabad, which led to a woman's death and her son's hospitalisation

Allu Arjun

World's Richest Families 2024: The Walmart Waltons top the list with $406.5 billion; India's Ambanis and Mistrys of Shapoorji Pallonji rank 8th and 23rd. Here is the top five list

Sam Walton

Shares of Mahalaxmi Rubtech have continued their upward movement, hitting a new high of Rs 311.10, surging 10 per cent on the BSE in Friday's intra-day trade amid heavy volumes

stocks, markets, investors, growth, funds, investments, brokers

Drawing parallels to Indian stalwart Virat Kohli, Hazlewood described Siraj as someone who wears his heart on his sleeve

Mohammed Siraj and Josh Hazlewood

As per reports, Goldman Sachs believes DMart's competitive moat is facing increasing pressure

Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better-than-expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and margin gains going ahead.

Academy Award music composer AR Rahman has now been replaced from Suriya's big-budget with RJ Balaji by Aasa Kooda singer Sai Abhyankkar

AR Rahman

Priced at Rs 54,999 onwards, iQOO 13 is available with introductory offers on the iQOO e-store, Amazon, and offline at Vivo exclusive stores

iQOO 13

AAP announces it will contest the Delhi Assembly elections independently, dismissing rumours of a Congress alliance

Arvind Kejriwal, Arvind, Kejriwal

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The suicide of a Bengaluru techie brings intense scrutiny on India's family courts, raising questions about their ability to protect vulnerable individuals in disputes

Atul Subhash, Bengaluru Techie Suicide

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Dipesh Dipu

Dipesh Dipu

Dipesh Dipu

India losing out on African minerals

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Frequent poll code imposition disrupts development: Simultaneous polls bill

OpenAI CEO, Perplexity donate $1 mn each to Trump's inaugural fund

Air Chief Marshal urges flight cadets to uphold ethos, honour of IAF

University of Chicago Center in Delhi Sets Ambitious Goals for Future, as Institute for Climate and Sustainable Growth Launches in India

ED restitutes assets worth Rs 4,025 cr in Bhushan Steel bank 'fraud' case

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Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Dividend, Bonus, Stock-split: These 10 stocks to turn ex-date next week

Allu Arjun arrested over woman's death in stampede at Pushpa 2 premiere

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