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External Affairs Minister S Jaishankar on Sunday made a strong pitch for a «more diversified and more democratic» re-globalisation, saying the Global South can no longer be at the mercy of a few suppliers. Addressing the B20 Summit organised by the CII in New Delhi, he said the Global South was largely reduced to being a consumer rather than being a producer and could not reap the full benefits of economic change. «They (Global South) not only did not reap the full benefits of economic change, but often ended up saddled with unviable debts emanating from opaque initiatives.

Reserve Bank of India (RBI) — increasing repo rates by 250 bps since last year, incremental cash reserve ratio — and the Central government's export controls have ensured that inflation is relatively under control, opined economists. India's central bank, the RBI, acts to control inflation through its monetary policies while the government does that through governance, infrastructure development that brings down the transaction costs and other ways, they added. «The RBI views inflation largely as a monetary phenomenon. Whether the inflation is due to supply or demand side, and whether it is driven by core or non-core components, the RBI believes that monetary policy intervention is required if the inflation rate breaches the tolerance zone,» Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Shares and Stock Brokers, told IANS. As a result, the RBI bases monetary policy on headline retail inflation (changes in cost of commodities, goods, services) rather than core retail inflation (changes in cost of services and goods excluding food, energy sectors). According to Hajra, the RBI with its mandate for growth support, strikes a balance between inflation management and growth promotion. «Consequently, the RBI may maintain an accommodative monetary policy stance to encourage growth even if the central bank is concerned about the current inflationary environment.

Coal India Limited (CIL) and its subsidiaries are planning to set up pump storage projects (PSP) on huge tracts of decoaled (closed mines) lands at their disposal. According to highly placed sources, the plan to set up such projects in the first phase will be finalised in a month's time, as the central government is quite bullish over such projects. Part of the coal ministry's ambitious plans is to diversify towards alternate sources of energy and through these pump storage projects, it plans to utilise solar energy to develop hydro projects. The power ministry earlier this year had come out with guidelines for PSP initiative and the coal ministry plans to develop such projects based on them, sources informed further. Under it, the CIL and its subsidiaries will use their closed mines, which have water stored in them, to lift it through solar energy. It will set up reservoirs over such closed mines where the lifted water will be stored. During night time, it will use the water lifted through solar energy to generate hydro energy.

Jerome Powell could prompt investors to continue booking profits. The week ahead is also eventful for Dalal Street investors from a corporate standpoint.Mukesh Ambani the Chairman of Reliance Industries will address the shareholders at the company’s 46th annual general meeting on Monday, which will be closely tracked by investors. The next big event for the market is the Supreme Court’s hearing on Tuesday in the Adani-Hindenburg case. Volatility is expected to be high in the market, according to experts, given weak global sentiment and domestic events. “Equity markets are expected to remain volatile due to weakness in the external environment,” said Hemant Kanawala, senior EVP and head — equity, Kotak Mahindra Life Insurance Co. While corporate earnings of Indian companies are showing strong growth, valuations aren’t cheap, and there is limited room for them to expand, Kanawala said, adding that investors are likely to get returns in line with earnings growth till the end of the year.RIL AGMIn the last few years, some of the big bang announcements from Ambani have usually come at the AGM.

Read all the latest updates on B20 Summit and Mann Ki Baat at Mint's LIVE blog:Prime Minister Modi will address the 104th episode of his monthly radio programme, Mann Ki Baat, today.The broadcasting of the programme will start at 11 am.The theme of the B20 India Summit 2023 is R.A.I.S.E: Responsible, Accelerated, Innovative, Sustainable, Equitable Businesses.The Business 20 (B20) is the official G20 dialogue forum with the global business community.B20 Summit India brings policymakers, business leaders and experts from across the world to deliberate and discuss the B20 India Communique.The B20 India Communique includes 54 recommendations and 172 policy actions for submission to the G20.The Summit is being attended by over 1,500 delegates from about 55 countries.PM Modi informed on the X platform that he will be addressing the B20 Summit today (27 August) at 12 noon. He added, "This platform is bringing together a wide range of stakeholders working in the business world.

economic development, and other issues on the forum. Prime Minister's Office said that the Summit has brought policy makrers, business leaders and experts from across the world to discuss the B20 India Communique.

Microsoft has provided certain guidelines for using its AI services. This article, which was released on July 30, 2023, offers a thorough examination of these agreements, concentrating on crucial elements like reverse engineering, data extraction, restrictions on the use of data, content processing, and third-party claims. The revised terms, which will take effect on September 30, 2023, were examined from a neutral third-party viewpoint.

Martin Luther King III, along with his wife, Arndrea Waters King, and their 15-year-old daughter, Yolanda, have developed a set of traditions for this time of the year. Each August, they rewatch the Rev.

BRICS Summit, followed by a Greece visit, will be addressing the B20 Summit India in national capital Delhi on Sunday, 27 August. The Prime Minister's Office informed that the Summit has brought policy makers, business leaders and experts from across the world to deliberate and discuss the B20 India Communique. “At 12 noon tomorrow, 27th August, I will be addressing the B20 Summit India 2023.

The Tribune said. The police have registered a case against the accused teacher and the principal under Sections 323 (voluntarily causing hurt), 342 (wrongful confinement), 504 (intentional insult), 506 (criminal intimidation) of the Indian Penal Code, and Section 75 (cruelty to child) of the Juvenile Justice (Care and Protection of Children) Act. The report mentioned that Urdu teacher Farooq Ahmed started beating the student mercilessly after finding ‘Jai Shri Ram’ written on the blackboard.

FIFA's Disciplinary Committee has taken the decision to provisionally suspend Luis Rubiales, the head of the Spanish soccer federation (RFEF), for a period of 90 days. This move comes in the wake of an escalating controversy following Rubiales' actions involving player Jenni Hermoso after Spain's triumph at the Women's World Cup. The incident has caused an uproar, leading to Rubiales' suspension and a series of consequential reactions within the football community.

Cuemath has laid off 100 more employees amid a challenging macroeconomic environment for edtech companies, the media reported on Saturday.Peak XV Partners (formerly Sequoia Capital India) backs the startup. «Unfortunately, our revenue and cost trajectories are still divergent from expectations, and our problems are compounded by the bad macro situation around capital availability, particularly for edtech,» Cuemath's Founder and CEO, Manan Khurma, told employees in an email dated August 25, which is seen by Moneycontrol. «This means that we will have to move to a leaner team structure, in which some roles will get redundant. That exercise is being carried out today,» he added. In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech. «Post the May8 exits, I had said that hopefully the company will not need to take a similar action again.

Grand Prix Badminton League (GPBL) on Saturday was postponed indefinitely after several players pulled out of the event, said League Commissioner Prasanth Reddy here. Reddy said the players were forced to withdraw from the GPBL, which was scheduled to begin on Sunday, after the Badminton Association of India (BAI) did not give necessary permission to run the league. «Our attempts to reach out to BAI thus far have proved futile.

New Delhi: To ensure uninterrupted power supply for the G20 Summit, authorities are leveraging latest technology and have installed multiple backups at the venue, Pragati Maidan, officials said on Saturday. Power discom BSES has enhanced the supply to Pragati Maidan by establishing three separate power sources to ensure reliability.

Muzaffarnagar Police have taken action against a teacher accused of making communal statements and instructing her students to slap a fellow Muslim classmate who had failed to complete his homework in a recent incident that has aroused indignation across many parts of society. The scandal has received censure from political parties and important figures, sparking a broader debate about the region's education and communal peace. The teacher in question, identified as Trapti Tyagi, was formally charged one day after a video surfaced, revealing her involvement in the incident that occurred at Neha Public School in Khubbapur village.

A food craving goes beyond a mere desire to eat, it encompasses a complex mix of emotional, behavioural, cognitive and physiological processes. Whether it's the need for a quick energy source or a temporary relief from discomfort, our bodies and minds work in tandem to drive our food preferences. Here we'll explore the science behind why our bodies crave sugar and carbs — especially when we're sick.

Jujutsu Kaisen enthusiasts! The moment you've been eagerly awaiting has arrived – the release date and time for season 2 episode 9 are finally at hand. Prepare to immerse yourself in the exhilarating world of this action-packed anime, as we bring you the essential details to ensure you don't miss a single electrifying moment.

Supreme Court has agreed to hear a plea by an NGO against any reduction in the age of consent, saying it jeopardises the interest of a large number of child victims of sexual abuse, especially girls. A bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Mishra issued notice to the Centre and tagged the plea of 'Bachpan Bachao Andolan' with a pending petition filed by the National Commission for Protection of Child Rights (NCPCR). The NCPCR had challenged last year's order of the Punjab and Haryana High Court which said that a minor Muslim girl can marry a person of her choice. The apex court on Friday sought the Centre's response on the issue. The plea of NGO, besides seeking a slew of directions and guidelines, has also sought a directive to the courts to refrain from making observations regarding the minor victim's casual relationship and promiscuous attitude while dealing with the criminal proceedings under the POCSO Act.

Brightcom Group Ltd, as well as at the residences of Chairman and Managing Director M. Suresh Reddy and Chief Financial Officer S.L.N Raju in Hyderabad. The searches were conducted as part of the investigation conducted by the Securities and Exchange Board of India (Sebi) regarding impairment of assets worth Rs 868 crore by the company through its international subsidiaries. The inquiry by the ED revealed that Brightcom Group violated provisions of Foreign Exchange Management Act (FEMA). “It was revealed that Brightcom itself financed the preferential issues by round-tripping funds through subsidiaries and conduit entities; that Brightcom falsely claimed to have received full payment for preferential shares/warrants by providing ‘forged and fabricated bank statements’ to SEBI,” the ED said. Further, more than Rs 300 crore advanced as loans to subsidiaries were partly siphoned off or remained unaccounted. The ED also conducted searches at the residence of the company’s statutory auditors P.