On October 1, Union Finance Minister Nirmala Sitharaman said that the country could not afford to lose the “sheen” of its insolvency law, the Insolvency and Bankruptcy Code (IBC). The IBC was introduced in 2016 to consolidate previously available laws to create a time-bound mechanism with a creditor-in-control model as …

The World Trade Organization (WTO) forecast a slowdown of global trade growth next year as sharply higher energy and food prices and rising interest rates curb import demand, and warned of a possible contraction if the war in Ukraine worsens. The trade body said on Wednesday that merchandise trade would …

Sri Lanka is anticipating a ‘significantly lesser’ number of favourable votes at UNHRCVoting pattern ‘is not a fair reflection’ of how all members think about the country, ‘heavy lobbying’ by powerful countries preceded the vote at the Council, says Foreign Minister Ali Sabry Reparation call: A resolution on Sri Lanka …

A Bill passed by the State Assembly becomes law only after it is assented to by the Governor. The Governor being a part of the State legislature, the process of law making is complete only when he signs it, signifying his assent. In all democratic countries, similar provision exists in …

India’s first 4.20-MW wind turbine generator ready for commissioning The single unit with the largest wind power generation capacity has been installed at Vadalivilai near Valliyoor in Tirunelveli district by Brazil-based WEG at a cost of ₹88 crore The country’s first 4.20-MW wind turbine generator, a single unit with the …

A new player in paddy procurement in non-delta region is gaining farmers’ attention The presence of relatively a new player in paddy procurement in Tamil Nadu is gaining the attention of farmers. For the 2022-23 procurement year (the Kharif marketing season), which began this year in September, the National Cooperative …

Scientists Carolyn R. Bertozzi, Morten Meldal and K. Barry Sharpless won the 2022 Nobel Prize in Chemistry on Wednesday for discovering reactions that let molecules snap together to create desired compounds and that offer insight into cell biology. It came a day after Alain Aspect, John F. Clauser and Anton …

Theme ‘Mind the Gap. Leave No One Behind and No Place Behind’ celebrated Theme serves as a strong reminder that we cannot leave behind any citizen and any place as we build towards a more resilient future: Government’s resolve towards inclusive and equitable development is demonstrated in its flagship urban …

In a big boost to Aatmanirbharatha in Defence, Raksha Mantri Shri Rajnath Singh today presided over the formal induction of Light Combat Helicopter (LCH), designed and developed by Hindustan Aeronautics Limited (HAL), into the Indian Air Force (IAF) in Jodhpur. Naming LCH as “Prachanda”, Raksha Mantri said that its induction …

Chief Election Commissioner Shri Rajiv Kumar along with Election Commissioner Shri Anup Chandra Pandey today launched a yearlong Voter Awareness Program – ‘Matdata Junction’ during an event organised at Akashvani Rang Bhavan, New Delhi. The program Matdata Junction, produced in collaboration with All India Radio, will be a strong platform …