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invest in India, asserted Hindustan Unilever's former chief executive Sanjiv Mehta on Thursday. «I have not seen interest in India among global corporations as I see today, India is at an inflection point,» Mahta, who retired from the FMCG major in June said. «The world is conspiring to make India win,» Mehta, who was speaking at an event organised by Institute of Supply Chain Management, added. India missed out on the first two industrial revolutions due to colonial rule, and was very weak economically when the third industrial revolution happened, the 63-year-old business leader said, adding that the fourth industrial revolution will be a major factor contributing to India's growth and progress. Stating that HUL has a healthy operating margin, Mehta said the company commands a valuation of over USD 75 billion because the return on capital employed is in three digits. He added the company is more valuable than global companies like Colgate Palmolive and Reckitt Benckiser Group as well. When asked about how to anticipate events like the pandemic, Mehta said the Covid pandemic was not unpredictable and scientists had indeed predicted it. The board of the company's parent Unilever had discussed a zoonotic disease like Covid in its risk assessment exercises, but never thought that it will happen and hence did not develop the risk mitigation plans around it. The rising temperatures and the kind of food we are consuming make us susceptible to diseases, Mehta said. He asked supply chain professionals to create organisations which have adaptability, agility and resilience. (With PTI inputs)

Inflation has cooled, but it will need to get cooler still for Federal Reserve policy makers to start feeling comfortable. Can it? Overall consumer prices rose a seasonally adjusted 0.6% in August from July, the Labor Department reported on Wednesday, putting them 3.7% above their year-earlier level. Much of that monthly gain came from the jump in gasoline prices, though.

Polygon has been teasing its 2.0 era, awaiting approval on changing the MATIC token to POL. 

India-Japan Cyber Dialogue held in Tokyo, discussed important areas of bilateral cyber cooperation and reviewed the progress achieved in the areas of cybersecurity and information and communication technologies including 5G technology, an official statement said. The Indian delegation was led by Muanpuii Saiawi, Joint Secretary (Cyber Diplomacy Division) in the Ministry of External Affairs (MEA), while the Japanese side was led by Ishizuki Hideo, Ambassador in-charge of Cyber Policy in the Ministry of Foreign Affairs (MOFA) of Japan. «Both sides exchanged views on latest developments in cyber domain and mutual cooperation at the United Nations and other multilateral and regional fora, including under the Quad framework,» the MEA statement said. It said both the delegations underscored the importance of capacity building in ensuring secure cyberspace and agreed to cooperate in this aspect. The Indian delegation comprised senior officials from MEA, ministries of home affairs, defence, and electronics and information technology, National Security Council Secretariat, Department of Telecommunications, Indian Computer Emergency Response Team, National Critical Information Infrastructure Protection Centre and Embassy of India in Tokyo. The Japanese delegation included senior officials from National Centre of Incident Readiness and Strategy for Cybersecurity, Ministry of Internal Affairs and Communication, Ministry of Defence, Ministry of Economy, Trade and Industry (METI), MOFA and other departments concerned. India invited the Japanese delegation for the sixth India-Japan Cyber Dialogue in New Delhi next year.

United Auto Workers (UAW) President Shawn Fain conveyed his dissatisfaction on Wednesday, emphasizing that the offers from the automotive companies were insufficient, and the union is preparing for a potential strike.

Bonza chief executive Tim Jordan says politicians need to be willing to tackle the Australian airline duopoly by overhauling Sydney Airport, arguing slot hoarding is a drag on Australia’s productivity.

Rich Lister Raphael Geminder’s private company has warned shareholders in Pact Group that dividends are on hold indefinitely, as part of his audacious privatisation offer.

Terry Gou, the founder of tech giant Foxconn, has revealed his running mate for the upcoming presidential election in Taiwan. Gou, who declared his candidacy as an independent candidate last month, introduced Tammy Lai, a well-known actress renowned for her role in a prominent Netflix drama series. Despite months of speculation surrounding his potential candidacy, Gou has faced challenges in gaining significant support in opinion polls.

By Nerijus Adomaitis and Victoria Klesty

Pakistan have expressed their appreciation for India's recent accomplishment in successfully hosting the G20 summit in New Delhi last week. This gathering of leaders from the world's top 20 nations has garnered admiration from across the border, with one Pakistani resident emphasizing, «India has taken a good step.

Biden administration has assured the Indian government of a quick investigation into the death of Indian student Jaahnavi Kandula in Seattle after being struck by a speeding police patrol car and bringing to justice the police officers who were responsible for it. The US government swung into action after India's Ambassador to the US, Taranjit Singh Sandhu, strongly raised the issue at the highest level in Washington and sought prompt action on the killing of Kandula, and the highly insensitive behaviour of the police officer in Seattle in Washington state. Kandula was killed in January after she was struck by a police vehicle driven by Officer Kevin Dave.

Ahead of the issue opening, the company raised Rs 616.5 crore from anchor investors. Analysts advised investors to avoid the IPO on profitability concerns and increased net borrowings. SAMHI Hotels is a prominent hotel ownership and asset management platform in India, with the third largest inventory of operational keys (owned and leased) in the country as of February 2023. The company acquires or builds primary hotels and thereafter renovates and rebrands the properties under its wings. All of its hotels are in the upper upscale and upscale, upper mid-scale and mid-scale hotel segments, typically operating under long-term management contracts with established and well-recognized global hotel operators. «The company's financial performance has been poor for the last three years, but it is making progress on cutting losses.

Kozhikode, Kerala, has been diagnosed with Nipah fever, adding to the mounting number of cases. This development comes just a day after four people were proven to be afflicted with the Nipah virus, two of whom tragically died. With this recent case, the total count of Nipah patients receiving treatment in the district now stands at three. The other two individuals are the nine-year-old son and the 25-year-old brother-in-law of Mohammedali (47), the index case, who regrettably succumbed to the virus on August 30.

The Changeling is a new fantasy drama on Apple TV+. The show seems to be gathering attention from the viewers lately.

Call of Duty: Modern Warfare 2 free trial period has been activated by Activision but a certain playtime restriction has generated dissatisfaction within the gaming community. Activision recently unveiled a multiplayer free access trial for Modern Warfare 2, scheduled to run from September 13 to September 20. During this trial, players can enjoy 10 6v6 maps, which include the two latest additions from Season 5 Reloaded, along with two battle maps. However, there's a significant caveat attached to this free trial. Despite its seven-day duration, players are constrained to a maximum of 2.5 in-game hours. In contrast to previous Call of Duty releases, the developers have implemented an incentive for players to remain engaged with Modern Warfare 2 until the end. Typically, when a new installment in the series is launched, the weapon progression from the previous game doesn't carry over. However, Modern Warfare 3 introduces a feature called «Carry Forward», which enables the transfer of weapon progression, operator skins, and weapon blueprints from Modern Warfare 2 to Modern Warfare 3. With over 55 guns to level up, some players still have a substantial amount of work to complete before the worldwide release of MW3 on November 10, 2023.

By David Morgan

Nipah Virus cases in Kerala: The southern state of Kerala has recorded its fifth case of Nipah virus in a 24 year old health care worker. The health worker employed at a private hospital in Kozhikode has been confirmed with Nipah virus infection after his samples turned positive, a statement from Kerala Health Minister Veena George said. The Kerala state government has also amped up efforts to save a nine-year old boy suffering from the deadly infection by ordering the only anti-viral treatment available.

₹200/cylinder cut in LPG prices will likely reflect in the September CPI print, and may shave off 20-25 bps from the headline rate." Still, the CPI reading for Q2 is likely to be above the RBI’s projection, which has already been revised higher by a meaningful 100 bps by the central bank in the August monetary policy meeting. Thus, an upward revision in the RBI’s Q2 projections is on the cards. As such, the central bank has pencilled in a significant easing in price pressures in H2FY24.

Learning Standards (LS) are the spine of the National Curriculum Framework for School Education (NCF), that was released by India’s ministry of education on 23 August 2023. ‘Spine’ because the NCF is built around these Learning Standards, knitting all its elements together to form the whole.

Sarbananda Sonowal is representing India at the Eastern Economic Forum which is being held at the Russian port city of Vladivostok aiming to push Eastern Maritime Corridor between the two countries. The Shipping Minister will also be speaking at the session on Eastern Maritime Corridor, while also meeting senior ministers of Russian Federation on possibilities to further strengthen the bilateral relation between the two countries, including exploring possibilities of the Northern Sea Route and establishing a Trans Shipment Hub in the Bay of Bengal. The Corridor is aimed at reducing cargo transit times between our nations. The journey from Indian ports to the Russian Far East takes just 24 days, compared to 30 days through the port of Novorossiysk.