semiconductor, Chip

Many countries are vying to build resilient semiconductor supply chains amid rising chip import prices

How India is pursuing self-sufficiency in the semicon chip value chain

Business Standard

FBI Director Christopher Wray said Wednesday he plans to resign at the end of President Joe Biden's term in January, an announcement that came a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the job.
At a town hall meeting with the bureau workforce, Wray said he would be stepping down after weeks of careful thought.
Wray's intended resignation is not unexpected considering that Trump had picked Patel for the role in his new administration.
Wray had previously been named by Trump and began the 10-year term  a length meant to insulate the agency from the political influence of changing administrations  in 2017, after Trump fired then-FBI Director James Comey.
Trump had telegraphed his anger with Wray on multiple occasions, including after Wray's congressional testimony in September. But the soft-spoken director rarely seemed to go out of his way to publicly confront the White House.

Christopher Wray, FBI director, US

Nearly 1.9 million Indian tourists visited the U.S. in the first ten months of 2024, a nearly 48% rise from 2019, according to data from the U.S. National Trade and Tourism Office (NTTO)

travel tourism passenger air travel flight

WhatsApp, Meta's messaging application, was also down for more than 12,000 users, according to Downdetector.com

instagram

It remains to be seen how the government charts out a path to address the competing concerns and resolve the matter

steel, steel exports

The Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday.
Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism.
The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business.
"We are moving more towards an ease of doing business era, and an ease of exit of business doing era," she said.
The corporate affairs ministry has decriminalised various offences under the Companies Act, 2013, marking a significant shift towards a ...

Parliament, New Parliament

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

Vijay Kedia portfolio stocks: Ace investor Vijay Kedia held 2.10 per cent or 2 million shares in PCL as on September 30, 2024, shareholding pattern data shows

spare car parts, automobiles

Markets Live: Markets in India are likely to remain cautious, tracking the lower overnight close on Wall Street ahead of key inflation data there

Indian markets

As the head of India's central bank, Malhotra inherits the management of an economy beset with the dual challenge of rising prices and slowing growth

Sanjay Malhotra

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

Nirmala Sitharaman, Nirmala

Here is the best of Business Standard's opinion pieces for today

Indian growth

Mood was generally upbeat after US November payrolls showed enough of a recovery to assuage concerns of a slowdown

global stocks

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America.
Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico if they don't stop the flow of illegal immigrants into the US through their territories.
We're subsidising Canada to the tune of over USD 100 billion a year. We're subsidising Mexico for almost USD 300 billion. We shouldn't be subsidising. Why are we subsidising these countries? If we're going to subsidise them, let them become a state (of the US), Trump told NBC News in an interview, his first on a Sunday talk show after winning the November 5 presidential elections.
We're subsidising Mexico, we're subsidising Canada, and we're subsidising many countries all over the world. All I want to do is have a level, fast, but fair playing field, he ...

Trump

Acting on specific intelligence of the presence of arms and ammunition in the general area of Loiching Ridge in Kangpokpi district, Assam Rifles and Manipur Police launched a joint operation on Dec 2

Weapons, arms, ammunitions

Defence Minister Rajnath Singh arrived in Moscow on an official visit during which he will witness the commissioning of a stealth warship into the Indian Navy and attend the 21st meeting of India-Russia Inter-Governmental Commission on Military  &  Military Technical Cooperation.Singh received a warm welcome on late Sunday night by Indian Ambassador to Russia, Venkatesh Kumar, and Russian Deputy Minister of Defence, Alexander Fomin.During his visit, Singh will also pay tributes at 'The Tomb of the Unknown Soldier' in Moscow to honour the Soviet soldiers killed during the Second World War. He will also interact with the members of the Indian community, a release said.During his visit, Singh is set to hold crucial discussions with Russian President Vladimir Putin and co-chair the India-Russia Inter-Governmental Commission on Military-Technical Cooperation (IRIGC M & MTC) alongside Russian Defence Minister Andrei Belousov.Sharing a post on X, the Embassy of India in Russia wrote,

Rajnath Singh, Defence Minister

Moreover, 70 per cent of India's public chargers are concentrated in metropolitan hubs, leaving rural and semi-urban areas woefully underserved

electric vehicle

The Bharatiya Janata Party has accused Congress president Sonia Gandhi of links to an organisation funded by the George Soros Foundation, which supports the idea of Kashmir as an independent nation

George Soros

Delhi has seen the highest number of spam calls, followed by Andhra Pradesh and Western Uttar Pradesh. Most spam calls originated in Delhi, with Mumbai and Karnataka next

Bharti Airtel

Union Minister Dharmendra Pradhan on Monday attacked Congress leader Rahul Gandhi over protests by opposition members in Parliament complex and termed him "comedy king" who is trying to stay relevant.
Leaders of some INDIA bloc parties on Monday protested in Parliament complex over the Adani row, with Gandhi conducting a mock 'interview' over the issue with Congress members wearing masks of Prime Minister Narendra Modi and industrialist Gautam Adani
"Rahul Gandhi is indulging in what he does best  Stand-up comedy! His malicious claims and rants have crumbled under the weight of comprehensive investigation every time. Playing the role of a pawn to perfection, he yet again attempts to mislead despite his misinformation campaigns failing to cut ice with the people of India," Pradhan wrote on X tagging a video of the protest.
"Electoral verdicts since 2014 are a thundering testament that there are absolutely no takers for his stale, recycled propaganda. Such a clumsily crafted hit job i

Dharmendra Pradhan, Dharmendra, Pradhan

Both orders were received on 6 December 2024 and officially announced on 7 December 2024

Riddhimaa Gupta

Riddhimaa Gupta

Riddhimaa Gupta

How India is pursuing self-sufficiency in the semicon chip value chain

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FBI director Wray says he intends to resign at end of Biden's term in Jan

'Chai and samosas': US hotels welcome Indian tourist boom to revive revenue

Facebook, Instagram down for thousands of users, Downdetector shows

Surge in finished steel imports sparks industry woes, policy dilemmas

MCA offers e-adjudication, e-consultation to boost stakeholder confidence

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