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TV Somanathan as the Cabinet Secretary of India. Somanathan who is currently the Finance Secretary of India will remain in office for a tenure of two years, starting August 30. He will discharge the duty of Officer on Special Duty in the Cabinet Secretariat from the date he joins the assignment till he takes over as the Cabinet Secretary. He was previously Joint Secretary, Ministry of Corporate Affairs (2010-11), and Joint Secretary/ Additional Secretary to the Prime Minister from 2015 to 2017.

Maldives have signed an agreement to introduce the Unified Payments Interface in the archipelago nation, which will have a «very positive» impact on its tourism sector, External Affairs Minister S Jaishankar has said. The Memorandum of Understanding was signed on Friday during Jaishankar's three-day official visit to the Maldives. «Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Ministry of Economic Development and Trade of Maldives on (the) introduction of (a) digital payment system in the Maldives,» he said in a post on X. Developed by the National Payments Corporation of India (NPCI), Unified Payment Interface (UPI) is an instant real-time payment system to facilitate inter-bank transactions through mobile phones.

Mass Deportation Now!" declared the signs at the Republican National Convention, giving a full embrace to Donald Trump's pledge to expel millions of migrants in the largest deportation program in American history. Some Republicans aren't quite ready for that. Lauren B. Pena, a Republican activist from Texas, said that hearing Trump's calls for mass deportations, as well as terms like «illegals» and «invasion» thrown around at the convention, made her feel uncomfortable. Like some Republicans in Congress who have advanced balanced approaches to immigration, she hopes Trump is just blustering.

Ukrainian incursion into Russia's Kursk region was the largest such cross-border raid by Kyiv's forces in the nearly 2½-year war, exposing Russia's vulnerabilities and dealing a painful blow to the Kremlin. The surprise foray has prompted thousands of civilians to flee the region as the Russian military struggles to repel the attack. For Ukraine, the cross-border raid offers a much-needed boost to public morale at a time when the country's undermanned and under-gunned forces have faced relentless Russian attacks along the more than 1,000 kilometre front line. A glance at the Ukrainian raid and its implications.

tech world by storm in the US. A number of the top-tier leadership positions or CXOs in these companies are also held by Indians or those of Indian origin. While the spotlight is on the likes of Microsoft chairman and CEO Satya Nadella and Alphabet CEO Sundar Pichai, the second rung is also filled with Indian Americans who are likely to be the leaders of tomorrow at these companies. They include Apple senior vice president of operations Sabih Khan; Nvidia executive vice president of worldwide field operations Jay Puri and senior vice president of enterprise sales and business development Shanker Trivedi; Tesla chief financial officer Vaibhav Taneja and Google senior vice president Prabhakar Raghavan, who is widely considered to the second most important executive at the search giant. Other prominent executives include Meta vice president of machine learning Sandeep Pandey and vice president of product management Ragavan Srinivasan; storage major Micron’s chief business officer Sumit Sadana; Salesforce president and chief engineering officer Srini Tallapragada; Manish Sharma, chief executive officer, North America, Accenture; or Naga Chandrasekaran, who has been appointed chief global operations officer at global chip company Intel two weeks ago. He replaced company veteran Keyvan Esfarjani who retired after 30 years at Intel.

festive season is sparking a burst of temporary hiring, with 600,000-700,000 jobs likely to be created across industries. Demand for temporary staff is surging 15-20% year-on-year, fuelled by an anticipated increase in consumer spending, resurgence in the rural economy amid prospects of a good harvest and a buoyant stock market, said staffing firms including Quess, Randstad, Adecco, CIEL HR Services and TeamLease Services. Ecommerce and logistics are likely to see the highest jump of 30-35% in temporary hiring, though demand is also strong from the consumer, banking, financial services and insurance (BFSI), retail and hospitality sectors, the firms said. “We are still in the early stages but there’s already been a considerable rise in festive demand. We are expecting to see some 600,000- 700,000 temp jobs being created across sectors this year,” said Lohit Bhatia, president, workforce management, Quess Corp.

domestic accounting firms to merge and acquire scale. The government is of the view this will help create large domestic audit firms akin to the Big Four, people aware of the development said. The Ministry of Corporate Affairs (MCA) could outline some details as part of the new government's 100-day agenda, one of them said. The LLP law and the Companies Act could be amended in the winter session of Parliament, likely to be held in December, he added. The ministry is also engaged in talks with the Institute of Chartered Accountants of India (ICAI), which has decided to relax key provisions in its regulatory framework to facilitate the "aggregation of chartered accountant firms," the person said.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Treasury investors should consider the possibility of a Donald Trump presidency after the Republican candidate said he would look to influence US monetary policy if elected, according to Wei Li, global chief investment strategist at BlackRock.  

swing states, the Republican candidate is losing ground in battleground states. The Cook Political Report has predicted that the former president would not win in Arizona, Georgia, and Nevada, reports the 'Independent'. It has moved these states from leaning Republican to “toss-ups.” Editor-in-chief Amy Walter wrote in the report on Thursday that Kamala Harris leads Trump by less than one point. He pointed out that Battleground state polls show similar results, the vice president is reducing the Republican's lead by two to five points.

A large majority of economists surveyed see only a quarter-point decrease in interest rates coming in September — a finding that’s at odds with calls from some large Wall Street banks for a jumbo cut at the next meeting.

Market volatility isn’t just a concern — it’s a constant threat, and Jeff Hausinger, president & CEO at All Seasons Wealth, faces it head-on.

Viraj works as a writer for guides and daily news content on CryptoNews. He is an expert on digital asset price movements, price prediction columns, and news breakdowns. Viraj graduated with a BSC in...

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

X by Elon Musk have amassed nearly 1.2 billion views this year, a watchdog reported Thursday, highlighting the billionaire's potential influence on the highly polarized White House race. Ahead of the November election, researchers have raised alarm that X, formerly Twitter, is a hotbed of political misinformation. They have also flagged that Musk, who purchased the platform in 2022 and is a vocal backer of Donald Trump, appears to be swaying voters by spreading falsehoods on his personal account.

Sanjay Raut on Friday emphasised on the need for the opposition bloc MVA to project a chief ministerial face in Maharashtra ahead of the assembly polls, remarks coming after party president Uddhav Thackeray meets with top Congress leaders. So far, the Maha Vikas Aghadi (MVA) has refrained from collectively pitching for a CM face in the state where polls are due in October. Asked if he was pushing for Thackeray's candidature for the top post, Raut avoided a direct reply and maintained that his party president and Congress leader Rahul Gandhi have been at the forefront of raising their voice against policies of the BJP-led government at the Centre. Talking to reporters in New Delhi, the Shiv Sena (UBT) Rajya Sabha MP said Thackeray and Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, have been constantly raising their voices against the Centre's «oppression». «There has to be a face for the state (polls). Had Rahul Gandhi been the face (of the opposition) in the Lok Sabha polls, then we could have defeated (the BJP-led NDA). It was only after Rahul Gandhi accepted the Leader of Opposition's post that the country saw some sense of confidence. So a face is needed for the opposition and also for the ruling party,» Raut commented.

Russia's Ministry for Emergencies on Friday declared the situation in the Kursk region a «federal level» emergency, four days after hundreds of Ukrainian troops poured over the border in what appeared to be Kyiv's biggest attack on Russian soil since the war began. Meanwhile, a Russian plane-launched missile hit a Ukrainian shopping mall late morning Friday, killing at least nine people and injuring 26, authorities said. The mall in Kostiantynivka, in the eastern Donetsk region, is located in the town's residential area. Thick black smoke rose above it after the strike. «This is another targeted attack on a crowded place, another act of terror by the Russians,» Donetsk regional head Vadym Filashkin said in a Telegram post.

Speaking to reporters at his Mar-a-Lago residence in Florida on Thursday (8 August), Trump said: «I feel the president should have at least [a] say in there», according to reports by Reuters. «I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than in many cases, people that would be on the Federal Reserve or the chair.» Global small-cap stocks resurgence put to the test by US recession concerns Although the Fed chair and its six other members are nominated by the president and subject to confirmation by the US Senate, they a...

Chevron Chairman & CEO Mike Wirth sits down with FOX Business Maria Bartiromo to discuss Americas energy agenda, the demand for data centers and the regulatory environment.

Created by Estée Lauder Companies’ New Incubation Ventures and launched with lead partner Nykaa, this year’s program will highlight the dynamic growth of the beauty sector in India, which is witnessing increased brand activity, innovation, and investment. The 2024 initiative will spotlight companies engaged in social initiatives that improve their communities and ecosystems, as well as founders pioneering new technologies, ingredients, or solutions tailored to Indian beauty consumers. The program has begun accepting entries for this edition of the awards, and participants can submit their entries via [https://beautyandyouawards.com](https://beautyandyouawards.com/) in three categories: Grow, Imagine, and Create. Each category focuses on a different cohort:

BJP and JD(S), on Friday continued their protest march, demanding the resignation of Chief Minister Siddaramaiah over the alleged Mysuru Urban Development Authority (MUDA) site allotment 'scam.' The week-long Bengaluru-Mysuru padayatre (foot march) has sought to highlight the alleged fraudulent allotment of sites to land losers by MUDA, including to Siddaramaiah's wife Parvathi. The seventh day of the 'Mysuru Chalo' protest march began at Srirangapatna in Mandya district, and is scheduled to cover a distance of 10 km. This even as the Congress is hosting a mega «Janandolana» convention at Maharaja's College Grounds in Mysuru today in support of Siddaramaiah and to counter the opposition's allegations and their foot march. BJP-JD(S) are scheduled to conclude their protest march on Saturday by holding a mega rally on reaching Mysuru.