Governance

South Korea's Prez Yoon defends martial law, vows to 'fight to the end'

South Korea's President Yoon Suk Yeol defended his martial law decree as an act of governance and denied rebellion charges, vowing Thursday to fight to the end in the face of attempts to impeach him and intensifying investigations into last week's dramatic move. He spoke hours before the main opposition Democratic Party submits a new impeachment motion against him for a floor vote this weekend. Parliament on Thursday afternoon passed motions to impeach national police chief Cho Ji Ho and Justice Minister Park Sung Jae, suspending them from official duties, over their enforcement of martial law. Yoon's Dec 3 martial law declaration has generated political chaos and large protests calling for his ouster. The decree brought hundreds of armed troops attempting to encircle parliament and raid the election commission, though no major violence or injuries occurred. Martial law lasted only six hours as Yoon was forced to lift it after the National Assembly unanimously voted it down. Yoon, a

Martial law was act of governance, denies charges, says South Korean prez

South Korea's president defended his martial law decree as an act of governance and denied rebellion charges in a statement Thursday suggesting he has no intention of resigning and rejecting the impeachment attempts and investigations into last week's move. Yoon Suk Yeol's televised statement Thursday came hours before the main liberal opposition Democratic Party submits a new impeachment motion against Yoon. The opposition party plans to put the motion on a floor vote this Saturday. Its earlier attempt to impeach Yoon fell through last Saturday, with ruling party lawmakers boycotting a vote at the National Assembly. Yoon's December 3 martial law decree has generated political chaos and protests calling for his ouster. I will fight to the end, to prevent the forces and criminal groups that have been responsible for paralysing the country's government and disrupting the nation's constitutional order from threatening the future of the Republic of Korea, Yoon said. Yoon said his mart

Governance premium to rise sharply, banks to be put through the wringer

In European banks, you have a supervisory board for governance, another for management of business

Nagaland's governance based on peace for development, says CM Rio

Chief Minister Neiphiu Rio on Sunday said Nagaland's governance is built on the cornerstone of 'Peace for development and development for peace'. He stressed on fostering unity, inclusivity, and empowering the youth of the state. Addressing the 62nd Statehood Day function, Rio recalled the words of the then President S Radhakrishnan, who spoke about building a society based on "understanding and friendship" to counter hatred and violence, and said that "these words remain profoundly relevant today." The CM called on the citizens of Nagaland to unite in the pursuit of a prosperous future. "On this Statehood Day, I appeal to every citizen to work together to bring smiles and happiness into our lives," Rio said. Urging everyone to contribute towards realizing the state's shared dream of development and prosperity, Rio also acknowledged the ongoing challenges, particularly regarding the Naga political issue, and reiterated the government's commitment to peace, development, and inclusiv

Adani case, Manipur may take centre stage in Parliament's winter session

Govt lists banking law Bill for Lok Sabha discussions on Day 1

Building cities of the future: Livability, sustainability, and governance

Sustainability is effective when strategies are consciously aimed to create and preserve cities while catering to the needs of the people

BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'

Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies

India's startups need more than growth; focus on governance also crucial

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

AI at work for governance: How technology is helping various ministries

From ensuring regulatory compliance to tracking coal transport, the tech has various uses

Despite Russia's objection, UN adopts Pact of Future to alter governance

The Pact covers a broad range of themes including peace and security, sustainable development, climate change among others

G-20 nations agree to push for reform of global governance institutions

It's the first time that the world's 20 largest economies formally agree to make a joint effort to modernise global governance institutions

UN experts call for establishing framework for global AI governance

A high-powered UN advisory body said Thursday that global governance of artificial intelligence is imperative and urged the United Nations to lay the foundations for the first inclusive global institutions to regulate the fast-growing technology. In a 100-page report, the group said AI is transforming our world, offering tremendous potential for good from opening new areas of science and accelerating economic growth to improving public health, agriculture and optimizing energy grids. But left ungoverned, it said, AI's benefits could be limited to a handful of countries, companies and individuals, while even more powerful systems than exist today could upend the world of work, create autonomous weapons, and pose risks to peace and security. The advisory body outlined principles that should guide formation of new institutions to govern AI including international law, and especially human rights law. It calls on all governments and parties involved in AI to work together to protect hum

Bid for 7-Eleven owner shows Japan's governance gains: Suntory CEO Niinami

Niinami, 65, is one of Japan's most influential executives, serving as chair of the Keizai Doyukai business lobby and also as an economic adviser to current and former prime ministers

Why India must do more to move towards a trust-based governance model

The emphasis on processes over outcomes is rooted in a belief that individuals and businesses cannot act ethically and effectively without strict guidance and supervision. The govt needs to trust more

Create land banks, ensure good governance to woo investors: PM to states

He appealed to the industry to improve the quality of India's products, asking them to 'design in India, design for the world' and make 'Indian standard'

Regulations have helped fintechs in governance

Fintechs in India have a young, technologically savvy population and a well-placed digital infra. Steps taken to ensure regulatory clarity and transparency are improving investor sentiment

Urban Governance Management

Governance by disguised legislation

The tyranny of circulars must end to ensure democratic legitimacy of laws and ease of doing business

REs must accord highest priority to governance, compliance: RBI Governor

Attempts to clear impression about widespread action; curbs only against outliers for major breaches

RBI bars JM Financial from financing against debentures and shares

Flags governance concerns; Order special audit