The decision to halt rough diamond imports voluntarily was initially implemented on October 15, and now, with prices stabilizing, the industry is gearing up to resume purchases, said Vipul Shah, the chairman of GJEPC. The voluntary suspension, jointly agreed upon by major players in the Indian gem and jewelry sector, including the GJEPC, Bharat Diamond […]
The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of monetary policy is likely over as inflation falls faster than expected and with a discussion of cuts in borrowing costs coming “into view.” “People are not writing down rate hikes” in their latest economic […]
“On December 13, 2023, we, Shri Sanjay Malhotra, Revenue Secretary, Ministry of Finance, Government of India, and U.S. Treasury Under Secretary for Terrorism and Financial Intelligence, Mr. Brian Nelson, reconvened and co-chaired the India-U.S. Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Dialogue. The Ministry of Finance hosted the dialogue in New Delhi. We the co-chairs […]
Union Minister of Agriculture and Farmers’ Welfare and Tribal Affairs Shri Arjun Munda inaugurated ASEAN-India Millet Festival today at New Delhi. Ministers of States for Agriculture and Farmers’ Welfare Shri Kailash Choudhary and Sushri Shobha Karandlaje and Secretary, Department of Agriculture and Farmers’ Welfare, Shri Manoj Ahuja were also present in the occasion. In line […]
The Rajya Sabha passed the Central Universities (Amendment) Bill, 2023 on Wednesday, seeking to amend the Central Universities Act of 2009 to establish the Sammakka Sarakka Central Tribal University in Mulugu, Telangana. The Lok Sabha had already passed the Bill on December 7, 2023. Responding to the discussions on the Bill, Union Minister for Education […]
As part of its ongoing Long Range Op Deployment, INS Kadmatt arrived in Manila, Philippines on Tuesday, furthering maritime cooperation between India and the Philippines. During the port call, a series of engagements, including professional interactions, subject matter expert exchanges, and cross-deck visits, took place to enhance collaboration between the naval personnel of both nations. […]
India’s government has agreed to withdraw its soldiers from the Maldives, the Indian Ocean archipelago’s President Mohamed Muizzu said on Sunday Muizzu won the presidential election in September, having campaigned to alter the Maldives’s “India first” policy and promising the removal of a small Indian military presence of some 75 personnel. “In the discussions we […]
The BSE Sensex and Nifty reached unprecedented highs on Monday, propelled by the financial and energy sectors, as state election results injected fresh vigour into the market. This surge was fuelled by robust macroeconomic data and the easing of global interest rate expectations. The Nifty experienced a substantial increase of 1.65%, reaching a new record […]
Making significant strides in the battle against climate challenges, the COP28 Presidency unveiled the COP28 UAE Declaration on Climate, Relief, Recovery, and Peace. With support from 70 governments and 39 organizations, this declaration is set to redirect climate finance into highly vulnerable and fragile areas, offering comprehensive financial, programming, and partnership solutions. The spotlight on […]
Money pledges are grabbing the spotlight at COP28 in Dubai, and more were expected on Monday as delegates turned their focus to the yawning gap in how much climate finance is needed and what’s on tap. Money pledges are grabbing the spotlight at COP28 in Dubai, and more were expected on Monday as delegates turned […]
