Top Trending Appointments News & Highlights
										
											FICCI President-Elect Anant Goenka for 2025–2026
Anant Goenka, the vice chairperson of the RPG Group, has been named the Federation of Indian Chambers of Commerce and Industry's (FICCI) 2025–2026 president-elect. A significant leadership change in one of India's oldest and most significant business chambers was announced on Tuesday.In addition to being the Vice Chairperson of RPG Group, a diverse Indian industrial conglomerate with interests in industries like infrastructure, IT, healthcare, and tires (CEAT), Anant Goenka is currently the Senior Vice President of FICCI. Within the RPG Group, Goenka, a third-generation business executive, is renowned for spearheading digital transformation and modernizing processes. He graduated from Northwestern's Kellogg School of Management and the University of Pennsylvania's Wharton School. A generational change and the increasing impact of young industry leaders in influencing India's policy and economic discourse are signaled by his appointment as FICCI president-elect. The incumbent FICCI President and Vice Chairman & Managing Director of Emami Group, Harsha Vardhan Agarwal, will be replaced by Anant Goenka. Second-generation businessman Harsha Vardhan oversaw FICCI during the 2024–2025 term. Under his direction, FICCI made a substantial contribution to business-government cooperation by concentrating on MSME reforms, exports, ESG, and inclusive growth.One of the most well-known business associations in India is the Federation of Indian Chambers of Commerce and Industry, or FICCI, which was established in 1927. Additionally, it is essential to Participating in policy debates on behalf of Indian industries Talking about economic reforms with the authorities Encouraging global trade alliances putting together prestigious events such as the India Innovation Summit, FICCI Frames, and FICCI Flo
Published 16 Oct 2025 05:25 PM
										
											Dan Katz was named the first deputy managing director of the IMF.
Dan Katz joins the IMF as First Deputy Managing Director on October 6, 2025, bringing a wealth of global finance and U.S. Treasury experience.The International Monetary Fund (IMF) Executive Board authorized Dan Katz's nomination as its First Deputy Managing Director on October 3, 2025, with effect from October 6, 2025. IMF Managing Director Kristalina Georgieva made the nomination, which comes at a crucial moment as the world economy negotiates intricate changes in inflation, trade, and geopolitics. With a solid history in international finance, economic policy, and strategic diplomacy, Katz's selection represents a major change in the IMF's leadership. The most recent position Dan Katz held was Chief of Staff at the U.S. Department of the Treasury, where he was Treasury Secretary Scott Bessent's primary counselor. Among his duties were directing discussions on regional and bilateral financial platforms and establishing both domestic and foreign economic policies, most notably the U.S. economic cooperation with Ukraine.
Published 15 Oct 2025 05:42 PM
											Vikram Dayal is named the new head of IOCC by Air India after Choorah Singh resigns.
According to sources on Tuesday, Air India has named Vikram Dayal as the new Head of its Integrated Operations Control Centre (IOCC) after Choorah Singh, the IOCC Head and Senior Vice President, resigned.Sources claim that Singh, who assumed the position in October 2023, has resigned to pursue chances in Ireland. He resigned after being identified in a DGCA letter earlier this year along with two other officials for alleged crew scheduling and rostering errors in June.Regarding the leadership transition, the carrier owned by the Tata Group has not yet released a formal comment.On October 26, Air India Express is scheduled to begin operating direct flights between Agartala and Bagdogra, linking the state capital with North Bengal and offering easy access to well-known locations like Darjeeling, Kalimpong, Mirik, and Sikkim. A new chapter in Tripura's aviation connectivity will be marked by the service, which will launch at the same time as the winter flight schedule. A 180-seater Boeing will fly this route every day, according to reports. The return flight will leave Agartala at 6:10 PM and land in Bagdogra at 7:20 PM, while the departure flight will leave Bagdogra at 4:30 PM and arrive in Agartala at 5:40 PM.Bookings for tickets have already begun, and it has been stated that costs have been maintained reasonable for regular travelers, making family vacations to North Bengal more accessible than before.As part of its Northern Winter 2025 schedule, Air India also announced that it will be expanding its flights to the United Kingdom. As on October 26, there will be a fourth daily flight between Delhi and London (Heathrow).According to a press statement, the new route would offer 1,196 seats per week each way between Delhi and London (Heathrow), increasing Air India's frequency from 24 to 28 times per week this winter.
Published 14 Oct 2025 05:42 PM
										
											Castrol India's MD Steps Down, New CEO Takes Over
A significant participant in the lubricant industry, Castrol India, is going through a leadership change. The present Managing Director, Kedar Lele, will leave at the end of December 2025 in order to pursue other possibilities. He continues to serve as Wholetime Director & Head of B2C Sales, although the company has named Saugata Basuray as Interim CEO, effective January 2026.A board decision states that Lele will formally step down as Managing Director on December 31, 2025, at the end of business. His decision to "pursue other opportunities" is cited as the reason. Since assuming leadership duties not long ago, his time as MD has been rather short.Saugata Basuray will take on the additional role of Interim CEO on January 1, 2026, until a new Managing Director is chosen. He is still employed in his previous role as Head of B2C Sales and Wholetime Director. His title will be changed to "Wholetime Director & Interim CEO" in light of the new hire. Having worked for Castrol since 1999 in a variety of leadership roles across verticals and territories, Basuray is an experienced veteran of the organization. Internal stability and continuity: Castrol India appears to emphasize stability during transition if it selects a leader who is already a part of the organization. Leadership development: While a more permanent replacement is being found, Basuray is a viable temporary option due to his extensive expertise and institutional memory. Market reaction: The revelation caused the company's share price to slightly decline, indicating that investors are sensitive to changes in the company's leadership. The upcoming strategic period: This change in leadership comes at a time when the lubricant industry is dealing with issues related to changing mobility trends, like electric cars, the need for sustainability, and shifting automotive ecosystems.
Published 13 Oct 2025 05:21 PM
								
									Appointments
Appointments
										
											Katrina Kaif Joins Chennai Super Kings as Brand Ambassador for IPL 2024
League (IPL) season 2024. Chennai Super Kings (CSK) has officially announced the appointment of Katrina Kaif as its brand ambassador. the upcoming Indian Premier League (IPL) season 2024. This partnership is a significant milestone for the five-time IPL champions, marking a new chapter in their glorious journey. One of the most popular actresses of Bollywood CSK new face Katrina Kaif who is the new face of Chennai Super Kings is all set to bring her star power to the world of cricket. Known for his charismatic presence and huge fan base, Kaif's association with CSK is expected to increase the team's appeal and strengthen its bond with fans across the globe. strategic partnership with Etihad Airways The announcement of Katrina Kaif as the brand ambassador follows the recent sponsorship agreement between CSK and Etihad Airways. This strategic partnership is in line with the team's vision to expand its global reach and enhance the brand. Notably, Katrina Kaif also serves as the brand ambassador for Etihad Airways, making this collaboration smooth for all concerned.. Refreshing the identity of Team's Identity Chennai Super Kings also unveiled an updated jersey logo in anticipation of the IPL 2024 season. This update reflects the team's commitment to evolving the brand's identity while staying true to its core values and heritage. Fans can expect their favorite players to wear the new shirt, symbolizing a new start and new goals for the championship. Chennai Super Kings (CSK) has officially announced the appointment of Katrina Kaif as its brand ambassador for the upcoming Indian Premier League (IPL) season 2024. The partnership is a milestone for the team, marking a new phase in its journey..Bollywood actress Katrina Kaif is likely to join beloved Indian Premier League team Chennai Super Kings as their brand ambassador. MS Dhoni's CSK will enter the upcoming IPL 2024 edition with the addition of the defending champions and Katrina Kaif to the franchise adding to their already huge brand value. According to a report by ABP News, the five-time IPL champions will also change their logo ahead of the next edition of the cash-rich league. CSK made it to the finals 12 times in fourteen seasons, cementing their position as a permanent contender for the IPL trophy. The MS Dhoni-led side shares the record for most wins with Mumbai Indians (MI) in the history of the tournament..
										
											ICAI selects Charanjot Singh Nanda as Vice President and Ranjeet Kumar Agarwal as President.
Agarwal has worked as an accountant for the past 24 years. He is also the Company Secretary and DISA of ICAI. The Institute of Chartered Accountants of India (ICAI) today elected Ranjeet Kumar Agarwal as its new president. Communication was transferred from Aniket S. Talat to CA Ranjeet. He took over as the 72nd Chairman of ICAI. A graduate of Calcutta University, Agarwal has worked as an accountant for the past 24 years. He is also the Company Secretary and DISA of ICAI. He was elected three times consecutively to the 23rd, 24th and 25th Central Council of ICAI. Agarwal was a member of the central council from 2016 and then vice president from 2023-24. ICAI is chaired by CA. Ranjeet Kumar Agarwal is now Chairman of all the Standing Committees viz. Executive Committees, Finance, Disciplinary and Inquiry Committees and ex-officio members of all non-standing Committees and Editor of ICAI Journal. Accountant He is also the Chairman of ICAI Research Division, Accounting Research Foundation (ICAI ARF) and Extensible Business Reporting Language (XBRL) in India. He is also the Board Director of Indian Institute of Insolvency Professionals (IIIPI) of ICAI.. Additionally, Charanjot Singh Nanda was elected as the Vice President for the year 2024-25. He completed his BCom from M L N College in 1987 and topped the Kurukshetra University merit list for all three years. He also held a CA Inter qualification and completed his Chartered Accountancy in 1991. Earlier, Nanda was appointed as a member of the Central Council of ICAI India. He was also the Chairman of Digital Accounting and Assurance Council of ICA India, Commission on Financial Markets and Investor Protection and Vice Chairman of Board Internal Audit and Management Accounting. In addition, he was also the chairman of SAFA's IT committee. The CA Institute has a new President in Ranjeet Kumar Agarwal for the 2024-2025 Council year. He became the 72nd President of the Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, on Monday. An experienced professional with strong organizational skills, a drive for excellence and academic prowess, CA. Ranjeet Kumar Agarwal will be the 72nd President of the Institute of Chartered Accountants of India for the year 2024-2025. His long association with the Institute spans the ages when he was elected to three consecutive terms on the Council, viz. the 23rd, 24th and 25th Central Council, preceded by two consecutive terms on the Regional Council. Showing enthusiasm and commitment to keep pace with technological developments, he is actively involved in the integration of artificial intelligence and automation to build a futuristic workplace and workforce with an emphasis on continuous training, upskilling and retraining. ca. Ranjeet Kumar Agarwaland#039's forward-looking approach and unwavering commitment to a breadth of innovative concepts, exemplified by his keen use of modern technology, make him a guiding force and an inspiration to all..
										
											As a brand ambassador, IRS Officer Narendra Kumar Yadav spearheads the Fit India movement.
The Fit India Movement broke with tradition when it named IRS officer Narendra Kumar Yadav as its new brand ambassador. This ground-breaking decision calls attention to the variety of routes that lead to fitness and forces us to reconsider what it means to set an example for a healthier India.A Civil Servant with a Passion for Fitness: Mr. Yadav represents a distinct narrative. In 2009, he became the youngest Indian Revenue Service (IRS) officer in history. He has developed a strong enthusiasm for exercise and health while also succeeding in his challenging profession in the public service. He actively promotes mindful living, a balanced approach to fitness, and good diet as holistic wellness practices.Why Is This Meeting Important?The Fit India Movement made a wise decision that has multiple benefits: Extending the Concept of Fitness: By choosing Mr. Yadav, the movement recognizes that fitness isn't just for fitness influencers or professional athletes. It highlights that everyone can exemplify the qualities of physical and mental well-being, regardless of background or occupation. Inspiring Youthful Engagement: Younger generations are influenced by Mr. Yadav's youthful enthusiasm and personable manner, which motivates them to place a high priority on their health and fitness from an early age. Encouraging a Balanced Approach: Mr. Yadav places a strong emphasis on holistic wellness, which highlights the value of both physical activity and mental and emotional health. This wider viewpoint is relevant in the fast-paced world of today. Promoting Inclusivity: By showing that people from different backgrounds can work together, this appointment sends a strong message of inclusivity.
										
											Mumbai will host the opening of Indias first small animal hospital by Tata Trusts.
With great vision, Tata Trusts and philanthropist Ratan Tata have launched the country's premier small animal hospital in Mahalaxmi, Mumbai. The hospital, which has more than 200 beds, guarantees 24-hour services to protect the health of animals.This cutting-edge facility, which spans an amazing 98,000 square feet over five storeys, is the pinnacle of pet healthcare excellence. The hospital, which is slated to open in March 2024, has the potential to completely transform the pet healthcare industry.The hospital is scheduled to open in March of 2024. Mumbai: In Mahalaxmi, Mumbai, Tata Trusts is going to open the nation's first cutting-edge small animal hospital. This is the first hospital of its sort, covering more than 98,000 square feet across 5 stories and housing more than 200 beds.Mumbai: In Mahalaxmi, Mumbai, Tata Trusts is going to open the nation's first cutting-edge small animal hospital.This is the first hospital of its sort, covering more than 98,000 square feet across 5 stories and housing more than 200 beds.The facility, which is modeled after the super specialty hospital that former Tata Group Chairman and philanthropist Ratan Tata envisioned, would offer 24-hour care by veterinarians, nurses, and technicians who have received specialized training in caring for animals.MUMBAI: In March, Ratan Tata's ambition of opening a veterinary hospital in Mumbai will finally come true, a little more than ten years after he first announced his plans and in spite of a number of challenges. Under Ratan Tata's direction, the newest gem in the Trusts' crown will be the Tata Trusts Small Animal Hospital, one of the biggest in India.The Trusts have previously constructed the Indian Institute of Science in Bengaluru, NCPA, Tata Institute of Social Sciences, and Tata Memorial Hospital—India's first cancer care facility.Tata Trusts will open the nation's first cutting-edge small animal hospital at Mahalaxmi in Mumbai. This unique hospital has more than 98,000 square feet spread over five stories and can accommodate more than 200 beds. The institution, which is modeled after Ratan Tata's idea of a super specialty hospital for animals, will offer 24-hour services by means of veterinarians, nurses, and technicians who have been educated to treat patients with the goal of saving lives. The hospital is scheduled to open in March of 2024. Tata stated, "Pets are our family and their lives matter to every pet parent," in reference to the impending launch. Upon observing the dearth of pet-related infrastructure in India, I couldn't help but question why in suchAs one of India's top philanthropic organizations, we recognize the interdependencies between human and animal health and are dedicated to raising the standard of pet healthcare in the nation. Dr. Thomas Heathcote, Chief Veterinary Officer of the Advanced Veterinary Care Facility (ACVF), commented on the initiative. The hospital, which is scheduled to open in stages, will provide complete sophisticated healthcare for dogs along the whole spectrum, including high-level nursing care, diagnostics, treatment, and problem-solving. We also intend to foster a strong veterinary ecosystem in the city and run joint training programs in the upcoming months with Royal Veterinary College, London, the best veterinary school in the world. The facility is located on an acre of property that Tata Trusts' Advanced Veterinary Care Facility (ACVF), located in Mahalaxmi, was given by The Municipal Corporation of Greater Mumbai (MCGM). Phased rollout is planned, with a few facilities going live on day one: 24/7 triage and treatment services for emergency and critical care; inpatient and intensive care units (ICUs), including isolation units; surgery (soft tissue surgery, orthopedics, etc.); pharmacy services; diagnostics - radiology & imaging (MRI, X-ray, CT scan, & USG); laboratory - hematology, microbiology, cytology, clinical pathology, biochemistry, histopathology, and anesthesia;.
										
											The Week That Was: Indian Women Empowerment News Overview
Women's empowerment is the process of establishing conditions that allow women to exercise their legal rights, take charge of their own lives, and make choices that have an impact on those lives. Giving women equal opportunities in every section of society is the ultimate objective of empowering women. Their choices should be respected and valued on an equitable basis. Indian ladies have the potential to succeed in anything they set their minds to. Regardless of their age, societal norms, or any other conditions, they are showcasing their skills to the world. This week, womenentrepreneurindia.com revealed some of the stories of these accomplished women. The woman robot astronaut, "Vyommitra" is about to set on an amazing space mission. India's space exploration activities would be significantly advanced by Vyommitra, which was designed by the Indian Space Research Organisation (ISRO). India's first human-manned space flight, ISRO's 'Gaganyaan' mission, will have her during the space expansion. The World Defense Show 2024, organized by Saudi Arabia in Riyadh, showcases global defense advancements and provides a platform for networking, partnering, and sharing knowledge. It features women officers, promoting gender diversity and representation in the defense industry. Women officers will showcase Nari Shakti, promoting gender diversity and representation in defense, attended by top military leaders, government officials, and industry captains. U.N. Women is collaborating with Kerala to support the Safe City project and establish a gender data hub. The initiative aims to create safer urban spaces for women and girls by addressing sexual harassment and violence in public areas.U.N. Women will offer expertise and guidance to improve the Safe City project's execution. This covers methods for preventing and handling sexual harassment in public areas. Working closely with the State's gender parks, which provide forums for advancing women's empowerment and gender equality, acts as a key component of the partnership. The U.N. Women's delegation suggested that the State will look into issues about online spaces and treat them as public spaces. In order to address digital safety and ensure women's well-being, this recognition is essential. The Indian women's hockey team lost for the third time in a row in the Women's FIH Pro League 2023-24. The Indian squad dropped 3-0 against the World No. 3 Australia Women’s Hockey team in the match played in Bhubaneswar's Kalinga Stadium. India geared up with a fast start, scoring a penalty corner in the third minute but gradually lost the match. The "Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)", a significant sub-scheme under the PM Matsya Sampada, has received approval from the Union Cabinet. With investments worth more than Rs 6,000 crore, this initiative seeks to regulate the fishing industry and assist small businesses throughout all states and union territories between 2023–2026.
										
											Lessons on entrepreneurship from the ‘wisdom generation’
Entrepreneurs often conjure up images of people who are young. But, in reality, people sometimes also choose to start a business after working for years under somebody. Some even take this path after retirement.While these people may not show the energy of a young person, remember that they offer an unparalleled advantage because of years of expertise and experience. Some companies like WisdomCircle even help people over 55 years — it terms them as part of the “wisdom generation” — find meaningful work opportunities. Life before entrepreneurship: Srivastava is an experienced marketing, advertising and branding professional with an eye for spotting and developing ideas and concepts. He worked in these areas for 36 years. One of the stints got him a mandate to set up an agency in India where he worked on automotive as well as D2C marketing with multiple initiatives across social and digital media, data analytics.Life as an entrepreneur: Srivastava became an entrepreneur in 2023 when he set up a brand strategy and creative ideas boutique with the aim to make consumer behaviour a part of marketing focus. Challenges of starting a business late: The biggest challenge is initial inertia. Once you overcome that, the whole prospect of working with a lean team. From an MD’s mindset of presiding and guiding, one has to move to a thinker and doer on-the-fly-kinda persona. Another challenge is to keep the value proposition of the business entity on a par with the competition from the word go. What did you learn along the way: Persistence pays. One needs to ride through setbacks and delays; take encouragement from one’s track record. Build a committed core team that believes in the venture. Build a young team as they are far more resilient & diligent, and are digital natives.
										
											Advance Mobility raises $2Mn in seed round through Finvolve
New Delhi: Advance Mobility Private Limited, a dynamic start-up in the ridesharing mobility space has recently closed seed funding of $2 million at an undisclosed valuation, in a round led by Finvolve. The round also witnessed participation from India Accelerator. The company is in the scalable business of fleet operations on the platform of Uber. The start-up is actively involved in solving the problems of the entire value chain i.e. from market players and customers to drivers, revolutionizing the space of fleet operations. Furthermore, with this funding round, Advance Mobility endeavors to expand its current footprint to other cities in our country to proactively redefine the peripheries in the ride-sharing mobility space. Advance Mobility has rapidly scaled up from its pre-round fleet size & is currently operating with a fleet of 425 CNG cars running in the cities of Mumbai & Pune. On this occasion, Mohit Jalan, Founder of Advance Mobility said, “We are thankful to Finvolve & all our investors including India Accelerator for their tremendous support. With changing dynamics, mobility as a solution is emerging as a massive opportunity & Advance Mobility is fully committed to continue expanding in this direction” Commenting further, Apoorva Vora of Finvolve, said, “As investors in Advance Mobility, we are proud to be part of this forward-thinking venture. Our decision to support Advance Mobility aligns with our commitment to fostering innovation and driving positive change in the mobility industry. We believe in the team’s vision and are enthusiastic about the potential impact their advancements will have on the future of transportation.” This recent funding round has also garnered positive responses from other funds, top family offices & investors in the country.
										
											Indian CEOs Complain To UK Leader About Mugging, Rolex Thefts In London
Indian businessmen met with British Shadow Foreign Secretary David Lammy in Delhi and complained about rising crime in London, citing the theft of Rolex watches, a UK publication reported today.According to the Financial Times, Devin Narang, a renewable energy entrepreneur, listed crime in London as one of the biggest concerns of India's corporate bosses at the meeting. Mr Narang, who is the founder of the Delhi-based Sundev renewables company, said at the meeting that people are being mugged in the heart of London -- Mayfair."All CEOs in India have had an experience of physical mugging," the Financial Times quoted Mr Narang as saying. Speaking to the Financial Times, he said that Indians do carry expensive things, but the "police not responding is a matter of concern"."You don't want to go to a city where you're likely to be mugged in the streets. It doesn't make you feel comfortable. You can walk anywhere in Delhi and you won't be mugged," he said. London witnessed a massive rise in street crime last year. The 'theft from a person', a category that includes stealing watches, mobile phones, and handbags, reportedly increased by 27 per cent last year as compared to 2022.Rising crime has now become a political issue in Britain ahead of an expected national election this year.About 29,000 watches have been reportedly stolen in London in the past five years.
										
											Electronics industry veterans unite to form ‘Awesense Five’ for sensor manufacturing
Focused on designing and manufacturing sensors crucial for monitoring and control systems, the group stresses the importance of domestic production to mitigate dependence on foreign imports. Five veterans associated with large electronics companies have come together to start a new venture - Awesense Five Pvt Ltd - for design and manufacturing sensors. The sensors play a pivotal role in monitoring and control systems, making their domestic manufacturing a priority. Due to their sensitivity and strategic importance, dependence on imports poses a significant threat. Recognising this, the group has emphasised the need to prioritise and invest efforts in manufacturing sensors locally, said N Ramachandran, Managing Director of the Chennai-based MEL Systems and Services Ltd, and one of the investors in the new venture. “Our goal is to contribute to India’s electronics manufacturing capabilities and reduce dependence on foreign imports,” he added. The other four are Sanjiv Narayan, Promoter and Director of the Delhi-based Syrma SGS Ltd; Pamela Anna Mathew, MD of the Ernakulam-based O/E/N India Ltd; Arun Manwani, Chairman of Delhi-based Sahasra Group and Vinod Sharma, MD of Delhi-based Deki Electronics, said Ramachandran. At present, sensors are mostly imported. The TVS Group has a photonics-based sensor company. There are other smaller companies, but the volume is very low. “We are aiming for only industrial sensors and the market in India should be in excess of ₹7,000 crore,” he said.
										
											Auto industry welcomes expansion of EV ecosystem
The Indian budget encourages the electric vehicle (EV) ecosystem through support for manufacturing and charging infrastructure, but doesn’t extend existing EV incentive schemes. The automobile industry has welcomed the announcement of government expanding and strengthening the electric vehicle (EV) ecosystem by supporting manufacturing and charging infrastructure, in the Budget. “Greater adoption of e-buses for public transport networks will be encouraged through payment security mechanism,” Nirmala Sitharaman, Minister of Finance, said in her Budget speech. In her pre-election Budget, the FM also said that blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory. However, the government has not announced any extension of the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME-II) scheme or the FAME-III scheme. In fact, it has cut the allocation by 44.43 per cent of FAME scheme to ₹2,671.33 crore from ₹4,807.40 crore in fiscal year 2023-24. In 2023-24, ₹5,171.97 crore was allocated for the scheme that came down to ₹4,807.40 crore in the revised estimates, spent by the end of the fiscal year. In 2022-23, ₹2,402.51 crore was spent under the scheme. But, the government has increased the budget allocation for the production-linked incentive (PLI) scheme to support the domestic production of futuristic vehicle technologies. It has been raised to ₹3,500 crore for 2024-25 from ₹483.77 crore in 2023-24. It has also raised the budget for the PLI scheme for advanced chemistry cell (ACC) and battery storage from ₹12 crore to ₹250 crore in 2024-25. Meanwhile, welcoming the announcement on EV infrastructure, Vinod Aggarwal, President-Society of Indian Automobile Manufacturers (SIAM), said, “The announcement on strengthening the Electric Vehicle ecosystem by supporting manufacturing and charging infrastructure, will boost the development and adoption of EVs in the country.” Shashank Srivastava, Senior Executive Officer-Marketing & Sales at Maruti Suzuki India said that at the moment, one of the hurdles against the faster adoption of electric mobility in India is the lack of charging infrastructure to address consumers’ confidence against range anxiety, and any support from the government will help in the faster adoption of EVs. “Any support from the government to help build that infrastructure or support the infrastructure or support localisation of battery components would obviously help in the faster adoption of EVs,” he said. Sudarshan Venu, Managing Director, TVS Motor Company said that it is very clear that the government is committed to developing infrastructure at an unprecedented pace through measures such as the economic railway corridors. “It is also promoting greener mobility through the push on the entire EV ecosystem from charging stations to manufacturing in India in line with AtmaNirbhar Bharat. This will give our industry a greater fillip,” he added.
										
											Michelle ONeill, 47, Becomes Northern Irelands First Nationalist Leader
The 47-year-old Sinn Fein politician has waited patiently to take up the role of first minister since her party became the British territory's biggest after elections in May 2022.Belfast, United Kingdom: Michelle O'Neill, who on Saturday made history by becoming the first nationalist head of Northern Ireland's provincial government, embodies a new generation of progressive Irish republicans. The 47-year-old Sinn Fein politician has waited patiently to take up the role of first minister since her party became the British territory's biggest after elections in May 2022.O'Neill hailed her appointment as "historic" shortly after it was confirmed."That such a day would come was unimaginable to my parents' and grandparents' generation," she told Northern Irish lawmakers. O'Neill, whose immediate c oncerns will be tackling a budget crisis and crumbling public services, comes from a family well acquainted with the dark days of sectarian strife that began in the 1960s.Her father was jailed for being a member of the Irish Republican Army (IRA), and a cousin was killed by members of Britain's elite Special Air Service (SAS) regiment. But O'Neill is from a generation that came of political age after the 1998 Good Friday Agreement, also called the Belfast Agreement, brought about peace, and promises to be "first minister for all".She paid tribute to British head of state Queen Elizabeth II after her death in 2022, and attended King Charles III's coronation.Both would have been unheard of when Sinn Fein was the political wing of the IRA. O'Neill's left-wing liberalism, glamorous appearance and slick politicking have found favour with younger voters angry at the lack of secure jobs and housing since the 2008 financial crash.It is also in sharp contrast to the male-dominated and dogmatic political atmosphere during the era of violence -- and to the current unionist leadership in Northern Ireland.Instead of a singular focus on bringing about the republican dream of a united Ireland, O'Neill's party emphasised at the assembly elections policies to tackle surging inflation and encourage stability following the shock of Brexit.O'Neill was born in County Cork, in the south of the Irish republic, on January 10, 1977.
										
											Todays initial meeting to select a new Election Commissioner will be chaired by PM Modi. Adhir Chowdhury and Amit Shah will be there
The meeting to appoint a new Election Commissioner will be presided over by Prime Minister Narendra Modi. Anup Chandra Pandey's term expires on February 15. PM Modi, Amit Shah, and Adhir Ranjan Chowdhury would likely meet as the selection committee at his home.The initial meeting to choose a new Election Commissioner to succeed Anup Chandra Pandey is expected to be presided over by Prime Minister Narendra Modi. Notably, Pandey's retirement on February 15th ends his tenure as India's Election Commissioner. The Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023 would govern the PM Modi meeting.To examine the replacement of Election Commissioner Anup Chandra Pandey, the Prime Minister's selection committee, Union Home Minister Amit Shah, and Leader of the Congress in the Lok Sabha, Adhir Ranjan Chowdhury, are expected to convene.The meeting is scheduled to take place at the PM's residence at 7.30 p.m., and officials with knowledge of the situation told Hindustan Times that law minister Arjun Ram Meghwal and the Congress floor leader in the Lok Sabha, Adhir Ranjan Chowdhury, were anticipated to attend.The Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023, will be implemented for the first time with this appointment. To date, the President of India has appointed the CEC, ECs, and every member of the Election Commission of India based on recommendations from the government.As per the Act, the selection committee that would suggest a candidate to the President is composed of the Prime Minister, a Union Minister he has nominated, and the Leader of the Opposition or the leader of the single largest opposition party in the Lok Sabha. Two committees are involved in the selection process: a three-person search committee led by the law minister and two secretary-level officers, and a three-person selection committee led by the prime minister.The selection committee, which has the authority to choose commissioners from outside the list as well, receives five recommendations for names from the search committee. The Opposition staged a walkout before the voice vote was held on December 12 during the Rajya Sabha's adoption of the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) bill, claiming that its provisions were "undemocratic." However, the administration led by Narendra Modi insisted that the bill complied fully with the Supreme Court's rulings. The measure becomes a law on January 2, 2024.
										
											IIT Madras Is Taking Applications For A Number of Positions; See Details
Eligible candidates are encouraged to apply online to the Indian Institute of Technology (IIT) Madras for a variety of non-teaching positions. Applications are being accepted for a number of positions, including those of Junior Superintendent, Assistant Registrar, Chief Security Officer, Sports Officer, and Physical Training Instructor. March 12, 2024 is the deadline for submitting online applications via IIT Madras' official website. On the deadline, applications must be completed by 5:30 p.m. Applicants may apply for the position of Chief Security Officer if they have at least 15 years of relevant experience and a Master's degree from an accredited university with at least 55% of the possible points, or an equivalent CGPA. Candidates must have an excellent academic record and a master's degree with at least 55% marks, or an equivalent grade on a point scale, in order to be considered for the position of assistant registrar. Candidates must have an excellent academic record and a master's degree with at least 55% marks, or an equivalent grade on a point scale, in order to be considered for the position of assistant registrar. Applicants for the position of Junior Superintendent must hold a Bachelor's degree in Arts, Science, or Humanities, including Commerce, with at least 60% of the possible points or an equivalent CGPA, from an accredited university. Additionally, six years of administrative experience are required of these candidates. Expertise in utilizing computer office programs, such as Microsoft Word and Excel, is also preferred for the position.
										
											Gupta, Rajendra Prasad Selected as the New Advocate General of Rajasthan
Governor Kalraj Mishra approved the nomination of Senior Advocate Rajendra Prasad Gupta as the new Advocate General of Rajasthan.Governor Kalraj Mishra approved the nomination of Senior Advocate Rajendra Prasad Gupta as the new Advocate General of Rajasthan. As the replacement for the outgoing governor in December, this nomination represents a major shift in the legal leadership of the state. As MS Singhvi's replacement, Rajendra Prasad Gupta begins a new chapter in his tenure as Rajasthan's 19th Advocate General.Rajendra Prasad Gupta's Journey Rajendra Prasad Gupta was born on June 4, 1962, in Reed Village, Parbatsar Tehsil, Nagaur District. His educational and professional background is remarkable. After completing his schooling in his village, Gupta went on to seek higher education. He graduated in 1981 with a degree in business and then in 1985 obtained an LLB from Rajasthan University. His academic accomplishments didn't end there; in 1986, he also graduated with a degree in chartered accounting, demonstrating his broad skill set and commitment to his career. An Historical View of Rajasthan's Advocate General The States Reorganization Act of 1956, which created the State of Rajasthan and the Rajasthan High Court, also established the Office of the Advocate General of Rajasthan. As the state's first Advocate General, the late Shri G.C. Kasliwal, has had the privilege of representing the Government of Rajasthan in legal matters from the office's founding. The Rajasthan High Court has its main seat in Jodhpur and a division bench in Jaipur.Function and Role of the Advocate General Article 165 of the Indian Constitution designates the Advocate General as a constitutional authority, whose job it is to counsel the State Government on legal issues. This crucial position entails carrying out legal responsibilities as directed by the Governor and carrying out tasks authorized by the Constitution or any other active legislation. The Governor appoints the Advocate General to the position, and the Governor sets the Advocate General's salary.Legislative Authority and Obligations The Advocate General may attend State Legislature sessions and contribute to the legislative process without having a vote, as per Article 177 of the Constitution. Because of his special position, the Advocate General can provide legal insights into legislative talks, improving the quality and ensuring that the legislative framework complies with legal requirements.
										
											Gupta Rajendra Prasad Selected as the New Advocate General of Rajasthan
Governor Kalraj Mishra approved the appointment of Senior Advocate Rajendra Prasad Gupta as the new Advocate General of Rajasthan. As the replacement for the outgoing governor in December, this appointment represents a major shift in the legal leadership of the state. As MS Singhvi's replacement, Rajendra Prasad Gupta begins a new chapter in his tenure as Rajasthan's 19th Advocate General. Visit https://www.bankersadda.com/current-affairs-6-february-2024 for more informatiom.Legislative Authority and Obligations The Advocate General may attend State Legislature sessions and contribute to the legislative process without having a vote, as per Article 177 of the Constitution. Because of his special position, the Advocate General can provide legal insights into legislative discussions, improving the quality and ensuring that the legislative framework complies with legal requirements. Crucial Exam Questions Who has been named Rajasthan's new Advocate General? When was the office of Advocate General of Rajasthan established, and who was the first person to hold it? What is the main constitutional authority that appoints the Advocate General, and what are their duties? What special privilege does the Advocate General have in the legislative process, as per Article 177 of the Constitution?
										
											Parliament Budget Session LIVE updates LS talks about the adjourned Motion of Thanks
On the third day of the budget session, the Rajya Sabha got off to a tumultuous start, while the Lok Sabha began Question Hour. Afterwards, the Motion of Thanks to the President's Address was discussed by both Houses. Prior to their withdrawal, the Rajya Sabha deliberated on other bills introduced by private members.On Thursday, Union Finance Minister Nirmala Sitharaman unveiled the interim budget, which is her final one before the nation's mid-year elections. Based on its track record, she claimed, the Modi government will return in July to present a complete budget and wouldn't require announcements of last-minute concessions to enter the polls.The Budget did not include any modifications to the income tax slabs for import tariffs or other indirect taxes. Regarding the direct taxation aspect, Ms. Sitharaman suggested waiving unpaid tax requests up to ₹25,000 for the period ending in the 2009–10 fiscal year and up to ₹10,000 for the fiscal years 2010–11 through 2014–15. "A crore taxpayers" are expected to benefit from the measure, she said. With regard to startups and investments made by sovereign wealth or pension funds, as well as the tax exemption on specific income of some IFSC units, which is set to expire on March 31, the only significant modification to taxation was proposed.
										
											Auto industry welcomes expansion of EV ecosystem
The automobile industry has welcomed the announcement of government expanding and strengthening the electric vehicle (EV) ecosystem by supporting manufacturing and charging infrastructure, in the Budget.“Greater adoption of e-buses for public transport networks will be encouraged through payment security mechanism,” Nirmala Sitharaman, Minister of Finance, said in her Budget speech.In her pre-election Budget, the FM also said that blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory. However, the government has not announced any extension of the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME-II) scheme or the FAME-III scheme. In fact, it has cut the allocation by 44.43 per cent of FAME scheme to ₹2,671.33 crore from ₹4,807.40 crore in fiscal year 2023-24.In 2023-24, ₹5,171.97 crore was allocated for the scheme that came down to ₹4,807.40 crore in the revised estimates, spent by the end of the fiscal year. In 2022-23, ₹2,402.51 crore was spent under the scheme.But, the government has increased the budget allocation for the production-linked incentive (PLI) scheme to support the domestic production of futuristic vehicle technologies. It has been raised to ₹3,500 crore for 2024-25 from ₹483.77 crore in 2023-24. It has also raised the budget for the PLI scheme for advanced chemistry cell (ACC) and battery storage from ₹12 crore to ₹250 crore in 2024-25.Meanwhile, welcoming the announcement on EV infrastructure, Vinod Aggarwal, President-Society of Indian Automobile Manufacturers (SIAM), said, “The announcement on strengthening the Electric Vehicle ecosystem by supporting manufacturing and charging infrastructure, will boost the development and adoption of EVs in the country.”
										
											‘As an artiste, I’m afraid of what is happening in India right now
It is a worrying trend that films in India today go through many forms of censorship, said Jeo Baby, whose recent film Kaathal – The Core shows Malayalam superstar Mammootty as a homosexual man, resetting the narrative of the gay community in popular cinema. The sensitive portrayal devoid of gay tropes – for long, the community has only been a fodder for humour – won many hearts.“But I’m afraid about what is happening in India right now. We are facing religious and political censoring. It is worrying not only for filmmakers, but all artistes,” Baby told PTI in an interview. Censorship is not something new to Jeo Baby, a self-proclaimed problem-maker. In January 2021, when he was all set to release his other critically acclaimed film, The Great Indian Kitchen, starring Nimisha Sajayan – which succinctly brought out how society stifles women and their freedom – Covid-19 restrictions made theatrical release impossible. But popular OTT platforms were not ready to touch the film, as the film also tackled a socio-political issue that was playing out at that time – menstruating women’s entry into Sabarimala temple. He finally had to release the film on a Malayalam streaming platform, Neestram. Luckily for Baby, just like Kaathal, The Great Indian Kitchen too captured people’s hearts despite the heaviness of the subject. And all those trending hashtags forced the mainstream OTT platforms to review their decision. Finally, three months after its release, Amazon Prime Video got the rights for the film.Jeo Baby said artistes must stand firm for their creative freedom. Overcoming challenges is part of the deal when one takes on the institution, said Baby.Ironically, 17 years later, a full-length feature film on the same subject brought him fans from across India, standing testimony to the fact that things change with time, something that artistes can derive hope from, he added.“There is no connection between the short film and Kaathal. Decriminalisation changed the status quo of the community in 2018. Kaathal is more about that. But since 2005, I have been studying a lot about this community. I read a lot about sexuality, about homosexual people, about LGBTQ+… I know they are normal people,” said Baby.