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PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing «high-end exposure», PFC CMD Parminder Chopra said. The Power Finance Corporation (PFC) chairman and managing director (CMD) Parminder Chopra made the remarks in a post earnings call. «The Board in its wisdom has decided that since it's a new sector for us, so we may not take that high-end exposure,» she said in reply to a question related to sanctioning loan to Shapoorji Pallonji. Shapoorji Pallonji Group is a business conglomerate which specializes in sectors like engineering and construction.

Naoki Hyakuta is facing severe backlash after making a controversial comment suggesting that women might need to «remove their uteruses» after 30 and help reverse the declining birthrate in Japan. Naoki Hyakuta, Japan's Conservative Party leader made the bizarre claim in a YouTube video where he discussed measures to increase the country's birthrate as part of a broader discussion on the challenges Japan faces due to its ageing population. According to a report in the South China Morning Post, the leader of the Japanese Conservative Party also said the solution to the nation’s population crisis would be to ban women from getting married after the age of 25. He did not stop there.

Subscribe to enjoy similar stories. Nothing has consumed more ‘little grey cells’ than discussions on the United States presidential election, the contenders and their impact on the fate of the global economy after this “mother of all US elections." Even with the election now out of the way, economic uncertainty and volatility are here to stay, given fractures in society (and thus the polity) across the developed world. The focus thus far has been on foreign portfolio flows, interest rates, the policy stance of central banks and at times their liquidity management.

Trump will not be a member of his father's administration, he is joining a venture capital firm. Donald Trump Jr. told a crowd of a few hundred donors Sunday that he was joining 1789 Capital, a firm whose investments include Tucker Carlson's media company. Trump was speaking at a conference held by the Rockbridge Network, a network, cofounded by Vice President-elect JD Vance, of tech-friendly Republican donors who are supportive of Trump. Chris Buskirk, the leader of Rockbridge, asked the younger Trump on Sunday evening if he had plans to join his father's administration. He responded that he would be joining as a partner at 1789 Capital, according to two people with knowledge of his remarks.

Mike Waltz, named National Security Advisor by President-elect Donald Trump, has recently said that this partnership which will «determine whether this is a century of light or a century of darkness». Waltz, who is the Co-Chair of the Congressional India Caucus, had made these remarks at an event hosted by US India Strategic and Partnership Forum (USISPF) at Stanford University for the INDUSUSX Summit in September. «The bottom line is, in my view, this (US-India) is the most important relationship of the 21st century. This will determine whether this is a century of light or a century of darkness,» he said. In his video message to the summit, which he could not attend due to his engagements in the election, Waltz encouraged further collaboration to maintain a free and open Indo-Pacific and protect India's sovereignty, particularly along the Line of Control (LoC).

Ajit Pawar on Tuesday supported Prime Minister Narendra Modi's 'ek hai to safe hai' slogan, but opposed Yogi Adityanath's refrain 'batenge to katenge', terming it alien to Maharashtra's ideological heritage. Speaking to PTI amid the campaign for the November 20 state assembly elections, he also claimed that his nephew and now rival candidate Yugendra Pawar is not interested in politics, and does not even like to stay in Baramati. Supporting Prime Minister Narendra Modi's campaign slogan of «ek hai to safe hai', he said India will be safe if it remained united. »There is nothing wrong with that (slogan), I don't see any issue here. If we stay together, everyone will prosper," he added.

Supreme Court on Monday dismissed a plea filed by political strategist-turned-politician Prashant Kishor's Jan Suraaj Party to postpone the Bihar by-elections scheduled to be held on November 13. A bench of Justices Surya Kant and Ujjal Bhuyan said it was too late to interfere in the scheduled by-polls. Calling it a policy issue, the top court said courts shouldn't interfere in such matters and noted all arrangements had been made for the Bihar by-elections. «Other political parties do not have a problem. Only you have a problem. You are a new political party, you need to know these zig-zags,» remarked the bench.

«We direct Delhi police commissioner to form a special cell to ensure effective implementation of the ban on fire crackers. We direct Delhi police commissioner to file a personal affidavit putting on record the steps taken by them to enforce ban,» it said. The top court wondered why the Delhi government delayed imposition of the ban on fire crackers till October 14, when the order of ban was issued.

Subscribe to enjoy similar stories. Mumbai: India has cemented its position as one of the top five markets for WPP, one of the world’s largest advertising and marketing services networks, marking a remarkable rise from being outside the top 10 just a few years ago. With agencies like GroupM, Mindshare, Ogilvy, Wunderman Thompson, and Grey under its umbrella, WPP credits India’s rapid economic growth and pivotal role in its global transformation for this leap.

Tan Sri Ananda Krishnan, one of Malaysia’s most influential and wealthiest individuals, has built an empire that spans multiple industries, from telecommunications to multimedia, with a net worth of ₴45,339 crore (US$5.8 billion). As the country’s fourth-richest person, according to Forbes, he is a name synonymous with strategic vision, entrepreneurial success, and philanthropy. Ananda Krishnan’s rise to prominence began with a consultancy firm, MAl Holdings Sdn Bhd, which helped shape his entrepreneurial career.

Tamil Nadu Chief Minister M K Stalin on Sunday slammed leader of opposition Edappadi K Palaniswami wondering whether welfare schemes could be named after him alleging he crawled like a cockroach for the sake of office. Referring to Palaniswami's allegation that fund allocation was being made by the government for schemes named after late Chief Minister M Karunanidhi that are not useful for the people, Stalin said the AIADMK chief's remark was a bundle of lies. Listing out a string of schemes including the Kalaignar centenary library, Kalaignar jallikattu arena, a hospital in Chennai and the Rs 1,000 financial assistance scheme for women, all of which features the late DMK chief Karunanidhi's name, Stalin demanded to know which of such initiatives were not useful for the people. The CM said such remarks of Palaniswami smacked of arrogance and for this aspect alone, people of Tamil Nadu will defeat the AIADMK and that was sure.

CJI) D Y Chandrachud reflected on the pressures judges face, not only from political executives but also from private interest groups. With his tenure concluding on Monday, he shared insights on judicial independence, public influence, and the role of government collaboration.

Justin Trudeau has said that pro-Khalistan separatists do not represent the Sikh community in Canada, remarking for the first time, while addressing the Indian diaspora at a Diwali event in Ottawa's Parliament Hill last week, media reports have emerged.

Omar Abdullah on Friday said the National Conference resolution on the restoration of special status passed by the Assembly is historic and expands our options rather than confining them.

US election 2024 victory has sparked online debate and scathing personal remarks and tussle. One such has been between Elon Musk and popular host Jimmy Kimmel.

derogatory remarks made by Trinamool Minister and Mayor Firhad Hakim about BJP leader Rekha Patra, a BJP delegation met CEO West Bengal seeking action against Hakim for his comments about Patra. Meanwhile, the National Commission for Women has taken suo moto cognizance of the derogatory remarks.

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy.

Bank of Canada deputy governor Carolyn Rogers is cautioning policymakers against “tinkering” with the mortgage market in an effort to improve housing affordability, warning that over-reliance on such measures could have long-term negative impacts.