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NDTV. Now with the support of YSRCP, Om Birla is likely to get the votes of 297 Lok Sabha MPs, clearing the way for him to takeover as the Lok Sabha speaker again.Congress leader Rahul Gandhi said Defence Minister Rajnath Singh failed to give an assurance on the opposition party’s claim to the Deputy Speaker's post.On Tuesday, as the Congress nominated eight-term member Kodikunnil Suresh for the Lok Sabha Speaker's post, Parliamentary Affairs Minister Kiren Rijiju appealed to the opposition to reconsider its decision.In the Lok Sabha, the Speaker is elected through a simple majority vote.

Investors including ex-Facebook President Sean Parker are committing $80 million to take over Stability AI, an image-generation startup that took off with the artificial-intelligence boom but quickly ran into business problems. The investment group, which includes former Google Chief Executive Officer Eric Schmidt and early backers of London-based Stability, has struck a deal with suppliers to forgive some $100 million owed by Stability, according to people with knowledge of the arrangement. The investors also negotiated for the startup to be released from $300 million in future obligations, largely meant to go to cloud computing providers.

Kiren Rijiju on Tuesday urged the Congress not to force a contest for the post of Lok Sabha Speaker as the presiding officer does not belong to any party. Rijiju's remarks came after Congress leader Kodikunnil Suresh filed the nomination for the post of Lok Sabha Speaker against the NDA nominee Om Birla, forcing a rare election to the post after 48 years. «I appeal again that they should think about keeping in mind the dignity of the post of Speaker. We have the numbers but still, we are requesting that there should be no election for the post of Speaker because this post does not belong to any party,» the Parliamentary Affairs Minister said. He said the government had contacted major opposition parties over the last two days for consensus on the post of the Speaker.

arrest warrants for Russia's chief of the General Staff Valery Gerasimov, and former defence minister Sergei Shoigu. Warrants were issued for the alleged war crimes of directing attacks at civilian objects and causing excessive incidental harm to civilians, as well as the crime against humanity of «inhumane acts» in Ukraine, the ICC said in a statement. ICC judges said there were «reasonable grounds to believe that the two suspects bear responsibility for missile strikes carried out by the Russian armed forces against the Ukrainian electric infrastructure from at least 10 October 2022 until at least 9 March 2023.»

BENGALURU:The Indian Venture and Alternate Capital Association (IVCA) has sought a review of the Competition Commission of India's (CCI's) definition of control over companies by private equity (PE) funds in a meeting with the Union finance minister Nirmala Sitharaman ahead of the Budget 2024-25.“When PE funds invest in companies, they have some rights to protect themselves that can be viewed as a control position. So, the question was if there can be an exemption for PE funds," Srini Sriniwasan, vice-chairperson of the industry body for alternative assests, told Mint in an interview on Tuesday.Besides, the IVCA discussed measures to boost domestic capital in alternative investment funds (AIFs) to finance infrastructure, credit, startups and growth companies in the pre-budget consultation meeting on 20 June.The finance minister is expected to present the budget by July end.Sriniwasan, who is also the managing director of Kotak Alternate Asset Managers Ltd, asked for more clarity on the definition of what constitutes a PE investor.

BRUSSELS : The European Union charged Microsoft with antitrust violations related to the company’s bundling of its Teams collaboration tool with Office 365 and Microsoft 365. The European Commission, the bloc’s antitrust enforcer, said Tuesday it has informed Microsoft of its preliminary view that the company broke antitrust rules by tying Teams to popular productivity offerings that include Microsoft Word and Excel.

BJP ally Chirag Paswan on Tuesday took a swipe at the Congress for playing the "Dalit card" in the election for Lok Sabha speaker, claiming that the opposition resorts to the ploy whenever its defeat in a contest is certain. The Lok Janshakti Party (Ram Vilas) leader said in a post in Hindi on X that when the Congress-led opposition knew that it would lose the vice-presidential poll in 2002, it fielded Dalit leader Sushil Kumar Shinde. It named another Congress leader Meira Kumar, who hails from a Dalit community, as its choice for president in 2017 when the numbers favoured the BJP-led National Democratic Alliance (NDA) candidate Ram Nath Kovind, who was elected, Paswan said.

China’s premier has defended open markets and the importance of green technologies for stabilizing global growth as he opened a forum with political and business elites in northeastern China

European Union regulators have accused Microsoft of “possibly abusive” practices that violate the bloc’s antitrust rules by tying its Teams messaging and videoconferencing app to its widely used business software

duty structure wherever required. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, FIEO president Ashwani Kumar made a case for an extension of the Interest Equalisation Scheme for the next five years. «We request the scheme which is valid till 30th June, 2024 may be extended for a period of 5 years. Looking into the rise in interest rates consequent to the increase in Repo rate from 4.4 per cent to 6.5 per cent in the last 2 years, the subvention rates may be restored back from 3 per cent to 5 per cent for manufacturers in MSMEs,» Kumar said. Kumar also urged for the establishment of an Indian shipping line of global repute to reduce foreign shipping line dependency and save foreign exchange.

over 10 sets of nominations were filed in support of Om Birla's candidature, including from Prime Minister Narendra Modi, Union ministers Amit Shah, Rajnath Singh and JP Nadda, and BJP allies like TDP, JD(U), JD(S) and LJP (R). Three sets of nominations were filed in support of Dalit leader and Congress candidate K Suresh.Om Birla was elected to the 16th Lok Sabha after he won from Kota in Rajasthan.

Ukraine is set to officially launch membership talks with the European Union later on Tuesday

U.S. Ambassador Ken Salazar praised Mexico’s effort protect U.S. agricultural inspectors in the conflict-ridden state of Michoacan on Monday, a week after the U.S. suspended avocado and mango inspections following an attack on inspectors

Six candidates have been approved by Iran’s theocracy to run in Friday’s presidential election to replace the late President Ebrahim Raisi, who died in a helicopter crash with several other officials in May

In a recent interview to The Indian Express, G. Hari Babu, national president of National Real Estate Development Council (Naredco)—a real estate industry association—shared some interesting data: “There are 1.14 crore flats lying vacant in India. These are being bought as investment opportunities." This is not the first time such a comment has been made.

Indira Gandhi declared a state of Emergency on June 25, 1975, which lasted for 21 months. This decision, announced in a broadcast on All India Radio, came shortly after the Supreme Court granted a conditional stay on the Allahabad High Court verdict, declaring Gandhi's election to the Lok Sabha null and void. The Supreme Court also asked Gandhi to stay away from parliamentary proceedings.

INDIA bloc is unlikely to contest the Lok Sabha Speaker's post and the NDA nominee is likely to be elected unopposed, sources said Tuesday ahead of filing of nomination for the key post. However, the Opposition has demanded that they be given the choice to pick the deputy speaker. Defence Minister Rajnath Singh spoke to Congress president Mallikarjun Kharge late on Monday night and sought the support of the opposition on the issue. Singh, however, gave no assurance to the opposition on its demand for the deputy speaker's post, the sources said.

The Biden administration announced new steps to increase access to affordable housing

For one weekend day this fall in New York — and for a price — MSNBC fans can see many of their favorite personalities in real life

French far-right leader Jordan Bardella has sought to reassure French voters, European partners and international observers that his potential government would lead “realistic” economic policies and “not weaken” France’s voice abroad

As we reported several times a few months ago, Deutsche Bank's London rates trading team appears to have sprung a leak. Varioussenior people have left, including Hemish Shah and Kilian Frensch, both of whom have found a new home in Nomura.