The author  is country director for IGC’s India Central Programme. He was chief statistician, Government of India

Govt debt is the only interest-yielding risk-free asset in any country

How much public debt is too little?

Business Standard

Former Supreme Court judge Madan B Lokur has been appointed as chairperson of the United Nations Internal Justice Council for a term ending on November 12, 2028.
In a communication to Justice Lokur, UN Secretary-General Antonio Guterres said the retired top court judge would head the council which also comprises other distinguished jurists.
"I have the pleasure to appoint you, with immediate effect, as a member of the Internal Justice Council, in the capacity of chairperson, for a term ending on 12 November 2028," the communication dated December 19 said.
"The other members of the Council (in alphabetical order) are: Ms. Carmen Artigas (Uruguay), distinguished external jurist nominated by staff; Ms. Rosalie Balkin (Australia), distinguished external jurist nominated by management; Mr. Stefan Brezina (Austria), staff representative; and Mr. Jay Pozenel (United States of America), management representative," it added.
Born in 1953, Justice Lokur was appointed a judge of the Supreme .

United Nations

New Delhi [India], December 21: Odisha-origin entrepreneur Arun Kar, now a British innovator, has achieved global recognition for his company Xpertnest. Known for sustainability and technology solutions, Xpertnest recently raised $1 million in a pre-Series A funding round and injected the first tranche into BharatEarns, India's pioneering embedded finance platform. Arun Kar's focus on creating impactful solutions has made BharatEarns a prime beneficiary of this investment.

Xpertnest\'s $1 Million Investment Fuels BharatEarns\' Growth in India\'s Financial Ecosystem

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

Mumbai (Maharashtra) [India], December 21: New Balance, a brand known for its commitment to quality craftmanship, has introduced its prestigious Made in USA  &amp;  Made in UK collection to its stores in Linking Road, Mumbai and Brigade Road, Bengaluru. After establishing stores across the country, New Balance is offering consumers a chance to experience the brand's rich cultural heritage through the launch of the Made collection.

New Balance Introduces Its Prestigious \'Made in USA  &amp;  Made in UK\' Collection to India

Raut lashed out at Bhagwat and said that he is the one who brought such people to power and should take responsibility now

Sanjay Raut

RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Supreme Court, SC

Market crash today: The BSE Sensex tanked 4,088 points and touched the week's low at 77,973, similarly, Nifty fell 1189 points to the week's low at 23,565

Stock Market, Market, Crash, Funds, up, Stock, Lost, decline, statistic, Crisis, Capital, BSE, NSE, Wolf

RIL hit a 52-week low of Rs 1,210.15 on the BSE has declined 24 per cent from its record high level of Rs 1,608.95 (adjusted to bonus) touched on July 8, 2024.

RIL, Reliance, Reliance Industries

Google CEO Sundar Pichai has announced a 10 per cent reduction in managerial roles, aiming to improve efficiency in response to rising AI competition and economic challenges

google, google logo

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

stocks, india inc, shares, company, firms, BSE, exchange, earnings, results, profit, loss, dividend payout, tax

Report of China building 22 villages in Bhutan, including 8 near Doklam, coincides with NSA Ajit Doval's meeting on the India-China boundary issue in Beijing

Representative image of an Indian Army tank in Ladakh. Image credit: ADG PI - INDIAN ARMY (@adgpi on X)

Indian Army tank

Sembcorp Industries on Wednesday said its arm Sembcorp Green Infra has secured a 150 MW solar project coupled with a 300 MWh Battery Energy Storage System (BESS) from Solar Energy Corporation of India Ltd (SECI).
The build-own-operate Project is part of a bid for 2GW Inter-state Transmission System (ISTS)-connected solar power projects with 4GWh of BESS, issued by SECI, a company statement said.
Sembcorp Industries (Sembcorp), through its wholly-owned renewables subsidiary Sembcorp Green Infra Private Ltd (SGIPL), has received the Letter of Award (LOA) for a 150 MW solar photovoltaic project coupled with a BESS of 300MWh (the project) from Solar Energy Corporation of India Ltd (SECI), according to the statement.
Subject to the execution of a Power Purchase Agreement (PPA) and upon completion of the Project, the BESS will provide on-demand power to support daily peak electricity for four hours, over a 25-year period.
The project is expected to be ready for commercial operation withi

Solar power, Solar PV, Adani

The Enforcement Directorate has restored assets worth Rs 22,280 crore to victims or rightful claimants from cases involving economic offences, the finance minister informed Lok Sabha

Nirmala Sitharaman, Union Finance Minister

The 'One Nation, One Election' is a bold initiative that promises cost savings and administrative efficiency but also raises concerns about its impact on federalism, representation, and practicality

Parliament, New Parliament, Lok sabha, Rajya sabha

Paisabazaar's new
Score Predictor helps consumers simulate how their credit behaviour can impact their credit score, enabling them to make informed and responsible choices.

Credit Score

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

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

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)

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

Adani group

Netflix has bought the OTT rights of Pushpa 2 and will release the movie in multiple languages-Telugu, Tamil, Malayalam, Kannada, and Hindi

Pronab Sen

Pronab Sen

Pronab Sen

How much public debt is too little?

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Ex-SC judge Madan Lokur named chairperson of UN Internal Justice Council

Xpertnest's $1 Million Investment Fuels BharatEarns' Growth in India's Financial Ecosystem

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

New Balance Introduces Its Prestigious 'Made in USA & Made in UK' Collection to India

Shiv Sena, Cong also contributed to Ram Mandir movement, says Sanjay Raut

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