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Chevron will seek an enforced arbitration with unions at its two huge Western Australian LNG plants after tense negotiations collapsed, claiming weeks of escalating strikes pose a threat to the state’s gas supply.

Kempegowda International Airport are likely to face inconvenience in booking cabs due to the Bengaluru bandh protest on September 11. “Due to the one-day protest called by private transport vehicle association on September 11, 2023, there might be disruption in the operation of taxis, maxi cabs, private buses & auto rickshaws,” said Bengaluru airport on Social media platform X. It advised passengers to plan their travel to and from the airport accordingly. The Federation of the Karnataka State Private Transport Associations has called for a 'bandh' seeking a ban on bike taxis, and urging the government to extend the Shakti scheme — that offers free bus rides to women on state-run transport buses — to private buses as well, among other demands. The private transporters have claimed that they have been negatively impacted by the Shakti scheme and that the state government has not fulfilled their demands despite repeated discussions. About 7 to10 lakh vehicles including autos, taxis, airport taxis, maxi cabs, goods vehicles, school vehicles, also stage carriages, contract carriages and corporate buses, will go off the roads tomorrow, S Nataraj Sharma, president of the federation said. Federation office bearers have said that they have organised a protest march from Sangolli Rayanna circle to Freedom Park in the city as part of the bandh. The Bengaluru Metropolitan Transport Corporation (BMTC) will run more bus trips and services in the city and also to Kempegowda International Airport on Monday to mitigate the inconvenience caused to the public by the bandh. Transport Minister Ramalinga Reddy had recently said that the government was open to talks with the federation and is also making preparations to ensure that the

India’s G20 presidency will address some of the key labour related issues including the low female labour force participation rate, Richard Samans, the G20 Sherpa of the International Labour Organisation said. In an interview with Yogima Seth Sharma, he said multilateral institutions should help India and other developing countries to build capacities to provide decent work and social protection to its workers.

Narendra Modi and French President Emmanuel Macron on Sunday held talks on the sidelines of the G20 Summit where the two leaders vowed to strengthen Indo-French defence ties through partnership in design, development and manufacture of advanced defence technologies and platforms including for third countries in the Indo-Pacific. «Both leaders reiterated their commitment to strengthen the defence cooperation through partnership in design, development, testing and manufacture of advanced defence technologies and platforms, and expand production in India, including for third countries in Indo-Pacific,» said a joint statement. «In this context, they also called for early finalisation of the Defence Industrial Roadmap,» it said. Thw two leaders emphasised the need to expand Indo-French collaboration to address regional and global challenges. The statement also said India and France welcomed African Union's membership to G20 and resolved look to work with AU for progress, prosperity and development of Africa.

New Delhi: India’s presidency of G20 or the Group of 20 has been able to bring all member countries to the table on the issue of war in Ukraine and brought to the fore the voice of the emerging markets as moderators, said foreign policy experts, highlighting the country's heritage as the voice of reason. The New Delhi Declaration issued on the first day of the two-day G20 Summit set the direction of future negotiations on important economic issues including climate financing which has for the first time put $5.9 trillion number to the green financing requirements for developing countries, reforms in multilateral banks, international taxation and sustainable development.

Mumbai: The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent, while for borrowers the saving is 6 per cent of the loan amount, a senior central bank official has said. The pilot started with an all-digital KCC (kisan credit card) lending, developed by the RBI Innovation Hub on the public tech platform, in Tamil Nadu and Madhya Pradesh this April. The pilot has been extended to four more states — Maharashtra, Uttar Pradesh, Karnataka, Gujarat (for dairy farmers) from August 17 this year. The pilot launch of the public tech platform for frictionless credit to farmers has helped reduce operational costs for lenders by more than 70 per cent, while for the farmer, the saving is 6 per cent of the loan amount, Ajay Kumar Choudhary, an executive director and head of the fintech department at the RBI, said here over the weekend while addressing the three-day global fintech festival. Moreover, there is massive savings in opportunity cost, as earlier a farmer had to make six to eight weekly rounds to the bank which has come down to a maximum of 0 minutes now, Choudhary said.

call money market by October, central bank Executive Director Ajay Kumar Choudhary said on Sunday. The pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities. «The RBI will introduce the wholesale CBDC in the call market either this month or next month,» Choudhary said on the sidelines of the G20 Leaders' Summit here. The introduction of CBDC was announced in the Union Budget 2022-23 by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934, were made with the passage of the Finance Bill 2022. The RBI picked nine banks — State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES Bank, IDFC First Bank and HSBC — for its pilot project for wholesale CBDC. Besides, the central bank has already rolled out a pilot in the retail version of the CBDC (e-R) on December 1, 2022.

Digital Currency (CBDC) for transactions for interbank borrowing or call money market by this October, Central Bank Executive Director Ajay Kumar Choudhary said on Sunday. Speaking on the sidelines of the G20 Summit here, Choudhary said, “The RBI will introduce the wholesale CBDC in the call market either this month or next month." In November 2022, the pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched with the use case being limited to the settlement of secondary market transactions in government securities, according to PTI reports. Finance Minister Nirmala Sitharaman announced the introduction of CBDC in the Union Budget 2022-23 and necessary amendments to the relevant section of the RBI Act, 1934, were made with the passage of the Finance Bill 2022.

New Delhi G20 declaration is a «major step forward in this effort», a senior US official said on Sunday. Principal Deputy National Security Advisor of the White House Jon Finer told the media on board Air Force One that the joint statement issued yesterday builds on the Bali G20 declaration and UN resolutions to send «an unprecedented unified statement on the imperative that Russia refrains from using force for territorial acquisition» and abide by UN charter. «The G20 Countries have signed up to the Bali language (declaration) last year and the vast majority of G20 countries have supported multiple UN resolutions that call out Russia's illegal aggression.

Reserve Bank of India (RBI) is all set to introduce a "frictionless credit mechanism" in the near future. As per a TOI report, this revolutionary development is expected to streamline the application process, making it more accessible and hassle-free for aspiring students. Under this forthcoming system, prospective borrowers will no longer be burdened with extensive paperwork and complex procedures.

New Delhi leaders declaration is a significant shot in the arm for India's international heft as it managed to bring nations riven with differences on a single platform. Prime Minister Narendra Modi on Saturday had announced achieving consensus on the New Delhi Leaders Summit Declaration. «Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration,» Modi said while addressing the second session of the Summit at the Bharat Mandapam. «It is my proposal that this G20 declaration be adopted,» the prime minister said.

Akshata Murty, the daughter of Infosys founder Narayan Murthy and the wife of UK Prime Minister Rishi Sunak, is currently in Delhi for the G20 Summit. Her fashion selections during the summit have been more than just personal style; they've carried political undertones. On the first day of her visit, Murty opted for a combination of a pleated, crisp white shirt and a traditional floral Indian skirt.

Web traffic from Facebook to Australian publishers has collapsed by upwards of 50 per cent since the start of this year, as the Meta-owned platform escalates its pivot away from news. This is despite it having months left in its multi-million dollar deals with media outlets.

G20 summit being held in New Delhi. According to a statement on Sunday, the institute will seek to address some of the most consequential economic, environmental, and technological challenges that have the potential to affect the security, prosperity, and stability of both countries.

While committing to support developing countries in dealing with food security challenges, the New Delhi Leaders’ Declaration on Saturday expressed commitment to facilitate open, fair, predictable and rule-based global agriculture, food and fertiliser trade.

Ukraine-Russia war. A consensus that had seemed elusive was achieved following hard bargaining and intense discussions among all G20 negotiating teams amid key meetings, ET has learnt. The need for consensus on the New Delhi Declaration that was adopted on Saturday had also figured in the meeting between US President Joe Biden and Prime Minister Narendra Modi, in the Capital on Friday night. While India was in constant touch with Russia over the issue, external affairs minister S Jaishankar's meeting with Russian counterpart Sergey Lavrov in Jakarta played an important role, ET has learnt. Over Friday and early Saturday, the Prime Minister held critical talks on the issue with visiting leaders.

Pooja*, a college student, does not want flowers from her admirers. “Rose mat do mujhe, koi aur gift do na (Don’t give me a rose, give me another gift”),” she tells the 200-odd ‘fans’ watching her on a live-streaming app.Why, you ask? The ‘rose’ is, after all, a virtual one, available free of cost on the platform.

Reuters noted. As per initial reports, there has been one reported injury, Klitschko added.

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Zach Swope, a passionate film enthusiast from the United States, has etched his name into the annals of history by smashing the Guinness World Record for the most movies watched in a cinema in a single year. His extraordinary journey began in July 2022 and concluded in July 2023, during which he embarked on a whirlwind adventure of 777 movie screenings. This astounding accomplishment eclipses the previous record of 715, held by Vincent Krohn of France since 2018. At 32 years old, Zach Swope's love affair with cinema remains palpable. A self-proclaimed «huge lover of film,» he had already established a formidable reputation as a cinephile, routinely clocking an impressive tally of 100 to 150 films at the theater each year. This record-breaking endeavor was the ultimate manifestation of his unwavering passion.

absence of Canada from the Rugby World Cup 2023 has left many rugby enthusiasts wondering what went wrong. For a nation that has a history of rugby, what led to their exclusion from Rugby World Cup 2023? Let's delve into the factors that reportedly contributed to this unexpected turn of events.