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The Appointments Committee of the Union Cabinet on Saturday appointed 1987-batch IAS officer T V Somanathan as the Cabinet Secretary of India. He will remain in office for a tenure of two years, starting August 30.  Somanathan, who is presently serving as the Finance Secretary of India, will discharge the

NCLT okays insolvency proceedings against Coffee Day Enterprises, parent company of Cafe Coffee Day  The National Company Law Tribunal (NCLT) has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group, which operates Cafe Coffee Day chain of coffee houses.  The Bengaluru bench

Russia denies involvement in ‘public or obscure campaigns’ to recruit Indian citizens for military service The clarification was issued a day after External Affairs Minister S Jaishankar informed the Lok Sabha on August 9 that 69 Indians are still fighting alongside the Russian Army on its border with Ukraine. In

India and Maldives have signed an agreement to introduce the Unified Payments Interface (UPI) in the island nation, External Affairs Minister S Jaishankar said, adding that this will make it easier for tourists to pay for things, boosting travel to the islands and helping the local economy.  The Memorandum of

Bangladesh unrest: Union Finance Minister Nirmala Sitharaman on Saturday said the current unrest in the neighboring Bangladesh has affected the garments and knitted sector in India. It is to be noted that Bangladesh has seen intense and violent demonstrations against the Sheikh Hasina government in the last three weeks that

Union Finance Minister Nirmala Sitharaman urged banks to focus on ‘core banking’ during a meeting with members of the Reserve Bank of India’s Central Board of Directors on August 10.   “Both RBI and the government want banks to focus on core banking,” the Union finance minister said underscoring the need

Susan Wojcicki, a key figure in Google’s early history and the longtime CEO of YouTube, has died at the age of 56. Wojcicki, who was Google’s 16th employee, played a pivotal role in shaping the company from its inception. Her death was confirmed by her husband, Dennis Troper, and Google

National Pension System: This year in the Budget, Finance Minister Nirmala Sitharaman brought in many tax changes in the existing structure that would affect all taxpayers. She brought in major change to the Capital Gains Tax regime affecting all asset classes. On the other hand, the Budget proposed liberalised tax

New Fund Offer: Aditya Birla Sun Life Asset Management Company has made a strategic announcement regarding the introduction of a new financial product. Aditya Birla Sun Life Nifty India Defence Index Fund, is an open-ended index fund meticulously designed to mirror the performance of the esteemed Nifty India Defence Index.

Saraswati Saree Depot Company is coming up with its IPO fresh issue of Rs. 104 crores and offer for sale worth Rs. 56.02 crores, totalling Rs. 160.01 crores. which will open on 12th August 2024. The issue will close on 14th August 2024 and be listed on the exchange on