The World Bank and ADB's internal accountability mechanisms sometimes violate their own guidelines and policies on project lending

Joe Athialy: The weakest link in development lending

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Sengar is required to remain at his residence, details of which have been shared with the CBI

gavel law cases

The man accused of fatally shooting the CEO of UnitedHealthcare is expected to be arraigned in a Manhattan court Monday on murder and terror charges in a state case that will run parallel to his federal prosecution.
Luigi Mangione, 26, was formally charged last week by the Manhattan district attorney with multiple counts of murder, including murder as an act of terrorism. His initial appearance in New York State Supreme Court was preempted by federal prosecutors bringing their own charges over the shooting.
The federal charges could carry the possibility of the death penalty, while the maximum sentence for the state charges are life in prison without parole. Prosecutors have said the two cases will proceed on parallel tracks, with the state charges expected to go to trial first.
Authorities say Mangione gunned down Brian Thompson as he was walking to an investor conference in midtown Manhattan on the morning of Dec 4.
Mangione was arrested in a Pennsylvania McDonald's after a five-

Luigi Mangione

RattanIndia Enterprises has informed that its company's board has approved to increase an investment in Neorise Technologies FZCO (Neorise), UAE, a wholly-owned subsidiary of the company.

As the United Nations prepares to celebrate its 80th anniversary next year, India stressed that reform is "key" to the organisation's "relevance" in addressing current and future global challenges, as world leaders signed off on an ambitious pact in 2024 to transform global governance and drive sustainable action.
When world leaders descended at the UN Headquarters in September for the high-level 79th session of the General Assembly, they adopted by consensus the landmark Pact of the Future' - a document that covers themes from peace and security, sustainable development to climate change, digital cooperation, human rights, gender, youth and future generations, and transformation of global governance.
Underlining the need for reform, UN Secretary-General Antonio Guterres said, We don't need a crystal ball to see that 21st Century challenges require problem-solving mechanisms that are more effective, networked and inclusive. We can't create a future fit for our grandchildren with ...

United Nations

The subscription window to bid for the Transrail Lighting IPO closes today; check issue details, latest subscription data, GMP, and more

In 2024, NPCI issued 20 third party application approvals. This was much higher than three and four issuances in 2022 and 2023 respectively

NPCI

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

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FinMin says some changes may take effect from April

CGST Act set to see key amendments in Budget session

Experts fear that Indian exporters might have to pay higher duties while exporting pharmaceuticals, textiles, chemicals, and engineering goods

In 2018, as the President of the United States, Donald Trump called India the “tariff king”, citing the high import duties (100 per cent at that time) on Harley Davidson bikes, but also saying the Indian government was ready to reduce it.

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Minutes before the Lok Sabha was adjourned sine die, the House on Friday adopted a resolution recommending the two bills on holding simultaneous polls to a joint committee of the two Houses.
Passed by a voice vote amid a din created by the opposition over Home Minister Amit Shah's remarks related to Ambedkar, the resolution moved by Law Minister Arjun Ram Meghwal recommended to the Rajya Sabha to communicate to the Lok Sabha names of the members to be appointed by the upper houses to the joint committee.
While 27 members on the panel will be from the Lok Sabha, 12 others will be from the Rajya Sabha.
Former Union ministers Anurag Thakur and P P Chaudhary from the BJP, and Priyanka Gandhi Vadra of the Congress are among the Lok Sabha members, who will be part of the joint committee of Parliament that will scrutinise two bills on simultaneous elections.
The two 'one nation, one election' (ONOE) bills, including one requiring an amendment in the Constitution, lay down the mechanism to

Parliament, New Parliament

Shares of MTAR Technologies gained up to 9.22 per cent at Rs 1,777.90 per share on the BSE in Friday's intraday deals.

MTAR Technologies IPO subscribed over 200 times on final day of bidding

MTAR Tech

The first US diplomats to visit Syria since President Bashar Assad's ouster earlier this month are now in Damascus to hold talks with the country's new leaders and seek information on the whereabouts of missing American journalist Austin Tice.
Assistant Secretary of State for Near Eastern Affairs Barbara Leaf, former special envoy for Syria Daniel Rubinstein and the Biden administration's chief envoy for hostage negotiations, Roger Carstens, made the trip for talks with Syria's interim leaders, the State Department said early Friday.
The team is also the first group of American diplomats to formally visit Syria in more than a decade since the US shuttered its embassy in Damascus in 2012.
They will be engaging directly with the Syrian people, including members of civil society, activists, members of different communities, and other Syrian voices about their vision for the future of their country and how the United States can help support them, the State Department said.
At the top o

Syria-US, US, Syria flag

The Bombay High Court on Friday upheld the tender awarded to Adani Properties Private Limited by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai.
A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar dismissed a petition filed by UAE-based Seclink Technologies Corporation challenging the state government's decision to award the project to Adani Properties Private Ltd.
The bench said the petition lacks force and effort and hence stands dismissed.
The Adani Group had emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project and bagged it with its Rs 5,069-crore offer in the 2022 tender process.
In the first tender issued in 2018, the petitioner company had emerged as the highest bidder with its Rs 7,200-crore offer.
The government had, however, cancelled the 2018 tender and issued a fresh tender in 2022 with additional conditions.
Seclink Technologies Corporation first challenged the cancellation of the 2018 te

Adani group

Mamata Machinery shares were trading at Rs 503 apiece, reflecting a grey market premium (GMP) of Rs 260 or 107 per cent per share over the upper end of the IPO price band of Rs 243

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Joe Athialy

Joe Athialy

Joe Athialy

Joe Athialy: The weakest link in development lending

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Delhi HC extends Kuldeep Singh Sengar's interim bail in Unnao rape case

Luigi Mangione to face state charges in death of UnitedHealthcare CEO

RattanIndia Ent board OKs to increase investment in Neorise Technologies FZCO

India urges UN reform ahead of 80th anniversary to tackle challenges

Transrail Lighting IPO: NIIs fuel demand on Day 3; Check latest GMP

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