Day: May 10, 2024

Navigating Diplomatic Waters: China’s New Ambassador Xu Feihong Steps into India Amidst Border Tensions

Manish Kumar

Xu Feihong, the freshly appointed Chinese Ambassador to India, touched down in New Delhi, poised to take up his new responsibilities. Xu Feihong succeeds his predecessor, Sun Weidong, who departed in October 2022 after a three-year tenure. His arrival comes amidst a landscape dominated by the unresolved Ladakh border clash of 2020, which continues to cast a long shadow over Sino-Indian relations. Emerging from the ranks of the Chinese Communist Party’s Ministry of Foreign Affairs, Xu brings with him a wealth of experience, having previously served as the Assistant Foreign…

Arvind Kejriwal Granted Interim Bail till June 1: Key Points

Manish Kumar

Relief Granted: In a significant development, the Supreme Court has provided interim bail to Delhi Chief Minister Arvind Kejriwal until June 1, offering a respite amidst legal proceedings. Consideration of Election Period: The bench, comprising Justice Sanjiv Khanna and Dipankar Datta, took into account the ongoing Lok Sabha election while passing the order, acknowledging the need for Kejriwal’s participation in electoral activities. Surrender Date: As per the court’s directive, Kejriwal must surrender on June 2, the day after his interim bail expires. Interestingly, this coincides with the election result day on June 4,…

Dr. Vivek Joshi chairs workshop on ‘State of Artificial Intelligence in Banks’ with representatives from 12 Public Sector Banks and other financial institutions under DFS

Manish Kumar

Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), chaired a workshop on the ‘State of Artificial Intelligence in Banks’ as part of its lecture series, in New Delhi, today. The NASSCOM made a presentation during the workshop to provide banks and financial institutions with insights into best practices for AI adoption and risk mitigation.  The event featured several industry experts who shared their experiences and insights on the AI. Besides, DFS Secretary, attendees included senior officials from the DFS, CEOs, MDs, CTOs, and CDOs from 12 Public Sector Banks…

Ministry of Textiles organized National Symposium on Advancements in Composites, Speciality Fibres and Chemicals

Manish Kumar

The Ministry of Textiles in partnership with Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries’ Research Associations (ATIRA) organized a National Symposium on Advancements in Composites, Speciality Fibres and Chemicals here in New Delhi today. India’s Technical Textiles market has a huge potential backed by a significant growth rate of 10% and placement as the 5th largest technical textiles market in the world, said Mrs Rachna Shah, Secretary, Ministry of Textiles while addressing the symposium. She further said that that composites has distinct structural and physical features, which make them…

Japan Confronts Dual Challenges – Rising Vacant Homes and Falling Real Wages

Manish Kumar

Japan stands at a crossroads, grappling with not one, but two significant challenges that are shaping the landscape of its economy and society. The surge in vacant homes across the nation and the persistent decline in real wages underscore the complex interplay of demographic shifts, economic dynamics, and policy imperatives. Rising Vacant Homes: The phenomenon of vacant homes, commonly referred to as “Akiya,” has reached alarming proportions, with recent data from the Ministry of Internal Affairs and Communications revealing a staggering nine million vacant houses in Japan. This surge, representing…

Mani Shankar Aiyar’s Controversial Stance: Advocating Dialogue with Pakistan Sparks Outrage

Manish Kumar

Senior Congress leader Mani Shankar Aiyar has come under fire after he said that India should engage in dialogue with Pakistan or the country could end up paying a heavy price. Aiyar unabashedly expressed his fondness for Pakistan urging India to accord respect to the sovereign nation, citing its possession of nuclear weapons as a significant factor. Aiyar’s comments come hot on the heels of another Congress leader, Sam Pitroda, whose ill-phrased remarks on racial identities stirred widespread condemnation. Aiyar’s assertion that India’s reliance on military strength is exacerbating tensions…

ED To Call Arvind Kejriwal ‘Kingpin’? First Chargesheet Likely To Be Filed Today

Manish Kumar

For the first time, Arvind Kejriwal will be named as an accused in the case. It has been reported that ED is likely to call him the ‘kingpin’ as they have claimed to have established a money trail linked to Kejriwal in the Delhi Excise Policy case. As a major development, the central probe agency Enforcement Directorate (ED) is expected to file its first chargesheet today against Delhi Chief Minister Arvind Kejriwal in connection with the money laundering case linked to the now-scrapped liquor policy. For the first time, Arvind…