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The regulation for AI will need global coordination between like-minded countries, Vaishnaw said.

strategic partnership, noting that the trade turnover between the two nations saw a remarkable increase in recent years, reaching USD 57 billion in 2023. In an exclusive interview with ANI, Manturov said that the momentum continued into 2024 with an additional 23 per cent growth, nearing USD 18 billion by April. This surge marks a 60 per cent growth from previous years, underscoring the robust nature of the bilateral relationship. Expressing optimism about the future of Russo-Indian relations, particularly in trade and economic cooperation, he highlighted India's pivotal role in Russia's foreign policy strategy, affirming a commitment to enhance bilateral ties across various sectors on mutually beneficial terms.

New Zealand's housing minister says the country will drastically ease restrictions on land use in a bid to “flood the market” with land for homes and override the powers of local councils to curb development

Varun Saboo, Head-Equities,Anand Rathi Shares, asks how does one assign a PEG to Nifty? Who decides that a 2 times PEG, a 2.5 times PEG is correct or even a 1.5 times is correct? Saboo says the way stocks are trading, if one has to give a similar kind of PEG to Nifty, which is upwards of 2-2.5 times, we still have enough and more room to go. So, he does not see any concerns right now and is advising people to remain invested, and buy more. He thinks the rally will have much more legs. How are things at your desk? Are people keen to hang on? Are you advising them to trim profits or shift positions to areas that have not moved much? How is the activity? Give us a gist.

Intro: Ratnaafin, in association with The Economic Times, presented MSME Growth Conclave to celebrate MSME Day, partnered by the Ahmedabad Chamber of Commerce Welfare Foundation and supported by India SME Forum and Kalyani Sahasik Mahila Vikas Sangh. Ratnaafin—a Non-Banking Financial Company in India—in collaboration with The Economic Times, proudly presented the MSME Growth Conclave to celebrate MSME Day, in partnership with Ahmedabad Chamber of Commerce Welfare Foundation and support of India SME Forum and Kalyani Sahasik Mahila Vikas Sangh. A celebration of the incredible contributions made by micro, small, and medium enterprises, the initiative had some of the most eminent speakers on the panel who discussed about the crucial roles that micro, small and medium enterprises play in driving the economic growth of Gujarat.

His announcement came after Labour declared victory with 412 seats in the House of Commons. In a resignation speech at Downing Street on Friday (5 July), Sunak apologised to the country, noting he has «given this job my all». However, the Tory leader added that the voters had sent a clear signal of change, with their judgment ultimately being what matters. Keir Starmer to become UK prime minister after landslide Labour win «I have heard your anger, disappointment and I take responsibility for this loss,» Sunak said, promising to step down as Tory party leader as soon as rules for c...

Ask the average renter and they can tell you: Canadian rents have soared in recent years.

Rahul Gandhi on Wednesday alleged that Defence Minister Rajnath Singh «lied» in Parliament about the issue of compensation to families of martyred Agniveers and demanded an apology for it. The Congress leader also shared a video on X purportedly of the father of a deceased Agniveer who stated that Rajnath Singh had claimed that Rs 1 crore compensation had been given to the next of kin of martyred Agniveers but no such assistance was received by his family. Sharing the video message posted by her brother, Congress leader Priyanka Gandhi Vadra also accused the BJP of «insulting the sacrifice of the families» who gave up their sons for the country In his video, Rahul Gandhi said that he had stated in his speech in Parliament that the protection of truth is the basis of every religion.

China), said the company's current focus is solely on its Bengaluru facility. “While we acknowledge the complexities surrounding ownership, that is an issue for the future. We will address it when the time comes," he said, replying to a question from Mint on the need for an Indian partner on the sidelines of a media interaction on Wednesday.

Central bankers are not born as chronic worriers, but they quickly acquire the trait. They are now spending considerable time fretting about artificial intelligence (AI): Its ability to play havoc with prices, jobs and the security of banking. As gut-wrenching as the meltdown of 2008 was, imagine if a rogue machine turbocharged a market rout.

His announcement came after Labour declared victory with 412 seats in the House of Commons. In a resignation speech at Downing Street on Friday (5 July), Sunak apologised to the country, noting he has «given this job my all». However, the Tory leader added that the voters had sent a clear signal of change, with their judgment ultimately being what matters. Keir Starmer to become UK prime minister after landslide Labour win «I have heard your anger, disappointment and I take responsibility for this loss,» Sunak said, promising to step down as Tory party leader as soon as a new succe...

Kazakhstan, which will host the SCO Summit this week, will be hosting a series of international meets this year including ‘World Nomadic Games’ to celebrate local and unique traditions. “Under the leadership of President Tokayev, the country will continue a constructive and balanced foreign policy, taking into account the national interests of the country. In 2024, our country will host a number of representative summits and forums. Kazakhstan will chair several authoritative international organizations at once, including the Shanghai Cooperation Organization (SCO), the Collective Security Treaty Organisation, the Conference on Interaction and Confidence-Building Measures in Asia, the Organisation of Turkic States, the International Fund for Saving the Aral Sea, and the Islamic Food Security Organisation,” Kazakh Ambassador to India Nurlan Zhalgasbayev told ET. A significant event will be the hosting of the World Nomadic Games in Kazakhstan. They are important both for promoting national sports and a healthy lifestyle and for expanding cultural and humanitarian ties between fraternal peoples, heirs of the nomadic civilization of the Great Steppe, according to Zhalgasbayev.

commerce ministry on Wednesday clarified that the interest equalisation will be capped at Rs 1.66 crore per IEC (import-export code) for the July 1-August 31 period. Last month, the government extended the interest equalisation scheme (IES) on pre- and post-shipment rupee export credit for two months to promote the country's outbound shipments. The scheme, which provides exporters interest benefits, ended on June 30 this year. In a trade notice, the Directorate General of Foreign Trade (DGFT) said the scheme extended on June 28, 2-24 is applicable only to MSME manufacturer exporters, who are eligible for IES benefit of 3 per cent.

coal to meet the requirements of domestic thermal power plants (TTPs). The coal stocks at domestic TPPs as on Saturday stood at 44.46 million tonnes (MT), which is sufficient to meet the requirements of 18.5 days as per present level of consumption. «This stock position is 33 per cent higher over stock position of same time during last year,» the coal ministry said in a statement. Coal production grew 10.58 per cent in the June quarter, it said, adding that supply of coal saw a rise of 8.50 per cent.

Islamic terrorism when its two iconic towers of World Trade Center were targeted in 9/11 attack and more than three thousand innocent and unarmed civilians were killed in one single day, the danger of Islamic terrorism can be be understood. According to the 'New York Post', Islamic terror group ISIS has succeeded in smuggling hundreds of its hardcore members into the US and Department of Homeland Security has identified 400 of them. It has also reported that 90 suspected terrorists were stopped and nabbed at the Southern Border, but no one knows the whereabout of at least 50 suspects.

«Such indiscriminate import of waste/scrap tyres is not only an environmental and safety concern but also undermines the very purpose of Extended Producers Responsibility (EPR) Regulation on Waste Tyres which is in place since July 2022,» it added. Raising the concern, ATMA Chairman Arnab Banerjee said,«The import of waste/scrap tyres into India needs to be restricted through policy measures and, if necessary, allowed only in multiple cut or shredded form.»

Union Budget 2024 that is set to be presented on July 23, the Centre is mulling over the idea of doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, with all those aged above 70 years to be brought under its ambit, to begin with, and also increase the insurance coverage to Rs 10 lakh per year. These proposals or some parts of it are expected to be announced in the Union Budget. In the interim Budget, the government increased the allocation for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), which provides health cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalization to 12 crore families, to Rs 7,200 crore while Rs 646 crore was assigned for the Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).

has appointed Tushar Vikram as its new country head and CEO of India, starting June 2024, said a statement issued today. In his new role, Vikram will lead the bank’s operations in India, driving the strategic direction and growth in the country.

Muzaffarnagar: Indian-origin candidate Kanishka Narayan, who won the UK general elections from Wales as a Labour candidate, draws his roots to Muzaffarpur in Bihar. Kanishka's uncle Jayant Kumar, who is also the director of SKJ Law College, said that his nephew has made not just Muzaffarpur, but the entire country proud. Jayant said, «Kanishka is my younger brother's son. He left his job to attend the elections. He has always been into politics.»

Gautam Gambhir. Two-time World Cup winner has been appointed head coach of the India men's cricket team in all formats, starting later this month with the limited-overs tour of Sri Lanka.

Hurricane Beryl thrashed Jamaica with heavy winds and rain on Wednesday, killing at least one person after forging a destructive, water-soaked path across smaller Caribbean islands over the past couple days. The death toll from the powerful Category 4 hurricane climbed to at least 10, but it is widely expected to rise further as communications come back online across drenched islands damaged by flooding and deadly winds. In Jamaica, Beryl's eyewall skirted the island's southern coast, pummeling communities as emergency groups rushed to evacuate people from flood-prone areas.