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Subscribe to enjoy similar stories. Regulatory action against Nidhi companies or mutual benefit societies, and firms defaulting on their beneficial ownership disclosure have shot up in 2024 compared to previous years, official data from the Registrars of Companies (RoCs) showed.

Subscribe to enjoy similar stories. PALM BEACH, Fla.—Donald Trump and SoftBank Group CEO Masayoshi Son are set to jointly announce on Monday that the company is planning to invest $100 billion in U.S. projects over the next four years, according to a person involved in the event, as the president-elect seeks to project enthusiasm over his return to power.

In the past few months United Nations-sponsored negotiations to tackle climate change, plastic pollution, loss of global species and a growing number of deserts have either outright failed or come out with limited outcomes that didn't address the scale of the problems. It's been three years since activist Greta Thunberg dismissed global talks as «blah-blah-blah,» which became a rallying cry for young environmentalists. «If you are not feeling some kind of grief about what's going on, you're obviously not understanding what's going on,» said climate negotiations veteran analyst Alden Meyer of the European think-tank E3G. He said he's been watching humanity «collectively fail as a species.»

Delhi airport operator DIAL on Monday said the airport now provides connectivity to 150 destinations. On Sunday, Thai AirAsia X launched direct flights between Delhi and Bangkok-Don Mueang (DMK), marking the 150th destination connected to Delhi airport, according to a release. Delhi International Airport Ltd (DIAL) also said it has become the first airport in the country to connect 150 destinations. «Of all the long-haul destinations from India, 88 per cent of destinations are connected from Delhi and 56 per cent of all long-haul weekly flights departing from India, operate from Delhi.

Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.1% at $104,493 at 0857 GMT. Smaller crypto ether rose 1.2% to $3,952.

Subscribe to enjoy similar stories. Switzerland has suspended the Most-Favoured-Nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India, significantly altering the tax treatment of cross-border dividends. Beginning 1 January 2025, dividend payments from Swiss entities to Indian investors will be taxed at 10%, double the current 5%.

Union Budget 2025 set to be presented in February, it’s a great time to dive into the concept of government borrowing and how it connects to the fiscal deficit.

Subscribe to enjoy similar stories. Apple production supports about 900,000 households in India. Most are apple growers in Kashmir, Himachal Pradesh and Uttarakhand with modest incomes.

luxury brands are increasingly eyeing India as a key market for their expansion, tapping into the country's growing appetite for premium products. As wealth rises and aspirations soar, India is emerging as a critical battleground for luxury retailers, a trend that has only accelerated since the pandemic. One of the most significant shifts in the luxury landscape is the influx of global brands aiming to diversify their markets. With China facing an economic slowdown, luxury giants are now looking beyond their traditional markets, and India is quickly becoming one of their top choices. «India is one of our fastest growing markets though our presence is currently concentrated in Delhi and Mumbai. Over the next decade, we anticipate India to become one of the most promising markets for the luxury industry, particularly for fine watches,» Jean-Marc Pontroue, CEO of Panerai, told ToI.

Subscribe to enjoy similar stories. A few days ago, Signzy, a popular Know Your Customer (KYC) verification service used by India’s top banks and fintech firms, was affected by a cyber attack that may have exposed the sensitive personal information of millions. Our lack of safeguards for data that businesses collect and process is an urgent problem waiting to be addressed.

Subscribe to enjoy similar stories. Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must"—Thucydides. Nothing describes the evolution of the Westphalian system of ‘nation states’ that humanity has adopted better than Thucydides’ pithy observation in his Melian Dialogue.

Subscribe to enjoy similar stories. Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.

Subscribe to enjoy similar stories. THERE WAS joy and horror and anguish all at once. Many of the detainees freed from Saidnaya, the most notorious prison in Syria, were husks: skeletal frames, vacant stares.

Vijay Diwas is celebrated every year on December 16 to commemorate India’s victory over Pakistan in the 1971 war. The war also resulted in the liberation of Bangladesh. The day is a high point in Indian history and the country pays tribute to bravery and sacrifice of the armed forces. The war in 1971 between India and Pakistan began on December 3 and lasted 13 days. The war broke out because of the humanitarian crisis in the then East Pakistan. The Pakistani army had launched a campaign against the civilian population of the region. India intervened to support the people in their struggle for independence.

Subscribe to enjoy similar stories. The investment relationship between India and Switzerland has taken a blow, with the latter having withdrawn the most favoured nation (MFN) status it granted India as part of a double taxation avoidance agreement.

Subscribe to enjoy similar stories. New Delhi: India and the UK are expected to restart talks on their proposed free trade agreement (FTA) between April and June, the first quarter of the UK’s fiscal year, two people aware of the matter said. The talks, which aim to resolve outstanding issues, have been ongoing since January 2022 but stalled in May this year after a high-ranking British delegation canceled its visit to New Delhi ahead of the general election in the UK.

Infosys co-founder Narayana Murthy has once again defended his stance on the need for a 70-hour workweek. During a recent visit to Kolkata, which he described as «the most cultured place in the entire country,» Murthy emphasized that India’s youth must embrace hard work if the country is to reach its full potential on the global stage. He addressed the issue at the centenary launch of the Indian Chamber of Commerce, sharing his thoughts with RPSG Group chairman Sanjiv Goenka. Murthy stressed that India’s young workforce must aim higher to achieve national progress. «At Infosys, we compared ourselves with the best global companies, and I can tell you, we Indians still have a lot of work ahead,» Murthy said. He pointed out that 800 million Indians rely on free rations, a sign of the nation’s widespread poverty. «If we are not in a position to work hard, then who will?» he asked, urging the audience to take responsibility for their collective future.

Jeff Bezos' suggestion in a recent NYT interview that the world's richest be listed not by the fortunes they have amassed, but by the wealth they have created for others is an interesting take on the debate over rising inequality. It's also a new, legitimate take on what it means to be wealthy. In the process of making a couple of hundred billion dollars for Bezos, Amazon has made its investors richer by over $2 tn, perhaps a truer indication of wealth-creation.

UltraTech Cement Limited is leveraging inland waterways to transport a large consignment of mineral gypsum via National Waterway 1 (Ganga-Bhagirathi-Hooghly river system) in a pilot project that was flagged off by the Minister of Shipping, Ports, and Waterways, Sarbananda Sonowal at G.R. Jetty, Kolkata today. UltraTech is the first cement company in India to leverage National Waterway 1 for gypsum transport at scale. The Inland Waterways Authority of India (IWAI) and Inland & Coastal Shipping Ltd, a wholly owned subsidiary of the Shipping Corporation of India (SCI), supported UltraTech's participation in the pilot. The consignment is being shipped from Haldia port in West Bengal to the Gaighat terminal in Patna, Bihar, and transported to Pataliputra Cement Works, UltraTech’s cement grinding unit in Patna district, Bihar. The use of inland waterways over roadways and railways will result in significant carbon emissions reductions and help decongest roads and rail routes. UltraTech’s participation in the pilot provides a boost to the Central government's efforts to promote the use of inland waterways in the country.

IREL) has signed an agreement with a Kazakhstan-based company to develop the titanium value chain in India by harnessing the potential of rare-earth minerals in the coastal parts of the country. The joint venture between IREL (India) Limited and Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC) proposes to convert low titanium oxide (TiO2) ilmenite produced in Odisha to titanium slag, which is in great demand in the aerospace and defence sectors. «The setting up of this JV plant is expected to catalyse the establishment of chloride pigment/Ti Slag/sponge manufacturing industry, which has been hindered by non-availability of high TiO2 feedstock,» Minister of State in the Prime Minister's Office (PMO) Jitendra Singh told the Rajya Sabha in a written reply to a question.

Addressing a sporting event — 'Bastar Olympics' — in Chhattisgarh's Jagdalpur, Shah also said the country would be free of Maoists by March 2026. «I appeal to Naxals, please come forward. Give up arms, surrender and join the mainstream. Your rehabilitation is our responsibility,» he said.