Top Trending Appointments News & Highlights

FICCI President-Elect Anant Goenka for 2025–2026

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 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.

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

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

Appointments

The New Session's Business Advisory Committee

The New Session's Business Advisory Committee

The Speaker of the Lok Sabha convenes the Business Advisory Committee for the upcoming session.The Speaker of the Lok Sabha convenes the Business Advisory Committee for the upcoming session. Members of the Committee include, among others, PP Chaudhary, Anurag Thakur, Dayanidhi Maran, Gaurav Gogoi, and Sudip Bandhyopadhyay.The disaster management law will be amended by six new bills. The Monsoon Session of Parliament, which starts next week, will see the presentation of six new bills, one of which would change the disaster management statute. The government has also proposed the Bhartiya Vayuyan Vidheyak, 2024, to replace the Aircraft Act of 1934 and give enabling measures for the convenience of conducting business in the civil aviation industry, in addition to the Finance Bill. On July 18, evening, the Lok Sabha secretariat announced the list of bills in its bulletin. July 22 is the start of the Monsoon Session, which lasts until August 12.Additional bills The Boilers Bill, which would replace the pre-independence statute, the Coffee (Promotion and Development) Bill, and the Rubber (Promotion and Development) Bill are among the other bills scheduled for introduction and passage during the session. In addition, the Business Advisory Committee (BAC), which sets the parliamentary agenda, was established by Speaker of the Lok Sabha Om Birla. Who will serve as the committee chair? Sudip Bandyopadhyay (TMC), P P Chaudhary (BJP), Lavu Sri Krishna Devarayalu (TDP), Nishikant Dubey (BJP), Gaurav Gogoi (Congress), Sanjay Jaiswal (BJP), Dileshwar Kamait (JD-U), Bhartruhari Mahtab (BJP), Dayanidhi Maran (DMK), Baijayant Panda (BJP), Arvind Sawant (Shiv Sena-UBT), Kodikunnil Suresh (Congress), Anurag Thakur (BJP), and Lalji Verma (SP) are the members of the committee, which is chaired by the Speaker.  

Manoj Saunik's appointment to the MahaRERA Chairmanship

Manoj Saunik's appointment to the MahaRERA Chairmanship

Ajoy Mehta has been replaced as Chairman of MahaRERA by Manoj Saunik, a former Chief Secretary of Maharashtra.The Maharashtra Real Estate Regulatory Authority (MahaRERA) has named Manoj Saunik, a former chief secretary of Maharashtra, as its new chairman. Ajoy Mehta, whose term expires in September 2024, will be succeeded by him.Professional Experience In December 2023, Saunik, an IAS officer from the 1987 batch, retired as Chief Secretary and is presently the Chief Minister's principal advisor. Details of the Appointment A notice sent by the state housing agency stated that Saunik was chosen by a committee from a pool of applicants for the position. The Current Initiatives of MahaRERA In order to evaluate real estate developments, MahaRERA is incorporating Artificial Intelligence capabilities and has been aggressively pushing developers to provide project updates.An Overview of the Past Prior to Saunik's appointment, MahaRERA's chairs were Gautam Chaterjee and Ajoy Mehta. MahaRERA was founded in March 2017. Future Tenure: Saunik will remain in office until he becomes 65, as required by law.  

KP Sharma Oli is the new prime minister of Nepal.

KP Sharma Oli is the new prime minister of Nepal.

On July 15, K.P. Sharma Oli took the oath of office as prime minister of Nepal for the fourth time. On July 14, President Ram Chandra Paudel named the head of the country's biggest communist party as prime minister. The leader of this new coalition government will take on the difficult task of bringing political stability to the Himalayan nation.Concerning K.P. Sharma Oli Khadga Born on February 22, 1952, Prasad Sharma Oli is a politician from Nepal who has served as the country's prime minister since July 15, 2024. Before, he was the first prime minister to be appointed after the first general election under the new constitution, serving as prime minister from 11 October 2015 to 3 August 2016 and from 15 February 2018 until 13 July 2021.biggest party in the legislature The new government led by Mr. Oli, 72, was formed on June 12 after Pushpa Kamal Dahal "Prachanda" lost the vote of confidence in the House of Representatives. With the backing of the Nepali Congress, the biggest party in Parliament, he was appointed prime minister. At Rashtrapati Bhawan's Shital Niwas, the main structure, Mr. Oli was sworn in by President Paudel. As per the constitutional mandate, Mr. Oli must now obtain a vote of confidence from Parliament within 30 days of his appointment. To win a seat in the 275-member House of Representatives (HoR), Mr. Oli must receive at least 138 votes.Friendship between India and Nepal India and Nepal, being close neighbors, have special bonds of friendship and cooperation that are characterized by ingrained cultural and familial ties. For a better future, every Indian looks forward to deepening the ties of mutual cooperation.  

Muhammad Shakeel's appointment as JMI's officiating vice president is confirmed by President Murmu.

Muhammad Shakeel's appointment as JMI's officiating vice president is confirmed by President Murmu.

NEW DELHI: In her capacity as the university's visitor, President of India Droupadi Murmu has approved the appointment of Muhammad Shakeel as the acting vice-chancellor of Jamia Millia Islamia (JMI).The official notice said, "Hon'ble President of India has been pleased to approve the appointment of Prof. Mohammad Shakeel as the Officiating Vice-Chancellor as per Statute 2(6) of JMI Act, 1988 in her capacity as the Visitor of Jamia Millia Islamia (JMI), in exercise of powers conferred upon her by the Act or Statutes of University."On May 22, Jamia Millia Islamia named Mohammad Shakeel as its Acting Vice Chancellor in response to a Delhi High Court decision nullifying Eqbal Hussain's appointment and directing the university to name a replacement Vice Chancellor within seven days.Shakeel graduated from Aligarh Muslim University (AMU), Aligarh, with a BTech and MTech degree. He then went on to the University of Roorkee to earn a PhD. He began working at JMI in November 1986 as a lecturer, and in 1992 and 2000, respectively, he was elevated to the positions of reader and professor. The Delhi High Court declared that Eqbal Hussain's appointments to the positions of Pro-Vice Chancellor and Officiating Vice Chancellor at Jamia Millia Islamia were invalid because they did not comply with the relevant legal conditions.Professor Eqbal Hussain had challenged Professor Mohammad Shakeel's nomination to the role in a suit submitted to the Delhi High Court. The recent nomination of Professor Shakeel as the acting Vice Chancellor, according to Hussain's legal team, was illegal and not supported by the right processes.  

Olympian PV Sindhu Becomes Investor and Brand Ambassador for Wellness Brand Hoop

Olympian PV Sindhu Becomes Investor and Brand Ambassador for Wellness Brand Hoop

Olympic medallist and badminton sensation PV Sindhu has entered the business sector with a major move as an investor and brand ambassador for Hoop, a wellness company based in Gurugram.Olympic medallist and badminton sensation PV Sindhu has entered the business sector with a major move as an investor and brand ambassador for Hoop, a wellness company based in Gurugram. With this declaration, Sindhu demonstrates her developing interest in entrepreneurship and brand creation and represents a significant milestone in her career outside of the badminton court. Hoop: Advancing Health for Vigorous Lives Overview of the Company Hoop bills itself as the first wellness company in India that focuses exclusively on active lives. Established in 2022, the business has made a name for itself in the cutthroat wellness sector thanks to its distinctive offering: Put an emphasis on natural elements Product line addressing major issues related to wellness: Pain relief that works enhancement of sleep lowering of stress Enhancement of Workout  

The National TB Elimination Programme has appointed Dr. Soumya Swaminathan as its Principal Adviser.

The National TB Elimination Programme has appointed Dr. Soumya Swaminathan as its Principal Adviser.

At the Union Ministry of Health & Family Welfare, Prof. (Dr.) Soumya Swaminathan has been named Principal Adviser for the National Tuberculosis Elimination Programme. The Indian government's dedication to eliminating tuberculosis as a hazard to public health is demonstrated by this high-profile appointment.Type of Meeting Because of the pro gratis nature of the position, Dr. Swaminathan will perform this function without receiving payment. This action demonstrates her commitment to serving the public health sector and aiding India in its fight against tuberculosis.obligations and responsibilities As Principal Adviser, Dr. Swaminathan will be responsible for a number of important duties, including:Strategic Orientation Technical Advice: Offer professional advice on the overall plan for achieving the objectives of the program. This entails evaluating the methods being used, finding any gaps, and making recommendations for enhancements based on international best practices. Direction of Policy: To guarantee the best results, make recommendations for policy directions and required course changes. This could entail suggesting modifications to current regulations or putting forth fresh ideas to improve the efficiency of the TB eradication campaigns. Research approach: Provide guidance on the program's research approach. Assuring that research findings are converted into workable policies and actions, recommending approaches, and identifying important research goals are all necessary to achieve this.Professional Cooperation Global Talent Pool: Help put together expert groups with the best talent from throughout the globe. In order to do this, she will need to make use of her wide network within the international health community to connect specialists who can support India's efforts to eradicate tuberculosis. Impact Evaluation Program Evaluation: Assist state representatives, development partners, and the Union Health Ministry in evaluating the program's effects. This will entail creating metrics, examining information, and offering analyses and insights to gauge the success of different approaches.  

Britain's First Female Finance Chief, Rachel Reeves

Britain's First Female Finance Chief, Rachel Reeves

The UK now has its first female finance minister, Rachel Reeves. The economist, who is 45 years old, has promised to expand the country's economy. After the Keir Starmer-led Labour Party secured a majority in Thursday's general election, Rachel was named chancellor on June 5. Currently, she is in charge of the UK budget.Concerning Rachel Reeves Reeves was born on February 13, 1979, into a family of educators in Lewisham, London Borough. She has always been passionate about learning and committed to comprehensive education. She graduated from New College, Oxford, with a Bachelor of Arts degree before attending the esteemed London School of Economics to earn a Master of Science in Economics. Following her education, Reeves spent almost ten years working as an economist. She began her career at the Bank of England before moving on to the private sector. Before taking on the role of Leader of the Opposition in 2021, Reeves worked as Starmer's Shadow Chancellor of the Exchequer. Regarding her accomplishment In addition, the 45-year-old used to be a champion chess player who took home multiple championship championships in his early years. Her father's influence on her during her early years contributed to her constant inclination toward democratic politics. Reeves was chosen as the Labour MP for Leeds West in northern England in 2010, the year the Conservatives and Liberal Democrats formed a coalition and took power. She was chosen by Starmer to serve as Labour's finance spokesman eleven years later. Ellie Reeves, her sister, is a Labour MP as well.Goals for Rachel Reeves As the first female Chancellor of the Exchequer in the history of the UK, she currently oversees an economy marked by slow growth, massive debt, and the biggest tax load in seven decades. Reeves has ruled out raising corporation and income taxes in order to restore economic stability. Her dedication to sound fiscal policies is a reflection of her ambition to be successful in the governance and finance industries.  

FATF President Elisa de Anda Madrazo to Take Office in 2024–2026

FATF President Elisa de Anda Madrazo to Take Office in 2024–2026

The Financial Action Task Force (FATF) will be led by Elisa de Anda Madrazo of Mexico for a two-year period beginning in July 2024 and ending in June 2026.The Financial Action Task Force (FATF) will be led by Elisa de Anda Madrazo of Mexico for a two-year period beginning in July 2024 and ending in June 2026. With Madrazo's new perspective focused at bolstering efforts to combat financial crimes and terrorism financing, this shift represents a significant moment for the global financial watchdog. A dedication to fundamental values The foundation of Madrazo's presidency is a strong belief in diversity, inclusivity, and openness. These guiding principles, which demonstrate a commitment to representing the various viewpoints and realities of the global community, will direct the FATF's efforts on governance, standards, and stakeholder engagement.Important Aims for 2024–2026 1. Encouraging Implementation Based on Risk Promoting the risk-based application of FATF Standards in accordance with the proportionality principle will be a main priority. By addressing the risks connected to restricted access to formal financial services, this strategy is essential for promoting financial inclusion.  

Government Principal Spokesman Dhirendra Ojha Appointed

Government Principal Spokesman Dhirendra Ojha Appointed

Dhirendra K. Ojha, a senior Indian Information Service (IIS) officer, has been named the federal government's main spokesperson in a major step to bolster the government's communication strategy. In the field of government communications, this appointment is significant because it places new leadership in critical positions related to information distribution.A Fresh Perspective for the Executive Branch The central government's communications face and voice will now be Dhirendra K. Ojha, an experienced IIS officer from the 1990 class. Along with his appointment, he will also assume the role of Press Information Bureau (PIB) principal director general. Ojha is in the forefront of public information dissemination and government-media relations due to her dual function. Principal Duties: Serving as the main spokesman for the federal administration managing the Press Information Bureau's activities coordinating for efficient communication with different ministries and departmentsHanding Over the Torch: An Easy Transition Sheyphali B. Sharan, who served as the PIB's principal director general since April 1, 2023, gives way to Ojha. Sharan, an IIS officer from the 1990 batch as well, has been given a new responsibility as the Publications Division's director general. This change brings new ideas to many divisions and guarantees leadership continuity.  

Naveen Chandra Jha is named the new MD and CEO of SBI General Insurance.

Naveen Chandra Jha is named the new MD and CEO of SBI General Insurance.

Naveen Chandra Jha has been named MD & CEO of SBI General Insurance, taking over for Kishore Kumar Poludasu.Shri Naveen Chandra Jha has been named the new Managing Director and Chief Executive Officer of SBI General Insurance Company Ltd. He takes over for Shri Kishore Kumar Poludasu, who was put forward by State Bank of India, the parent corporation.Professional Experience Prior to taking on his current position, Shri Naveen Chandra Jha held a number of crucial positions in the State Bank of India, including Chief General Manager and Deputy Managing Director of Amaravati Circle, Andhra Pradesh, for almost three decades. The strategic outlook Jha wants to use his vast experience in the financial sector to steer SBI General Insurance in the direction of further success by emphasizing strategic growth initiatives, operational excellence, and a comprehensive business plan.Dedication to Superiority Jha is well-known for emphasizing customer-centricity and human resource engagement. He supports strong operational and service standards, which are in line with SBI General Insurance's objective to give its clients "Suraksha aur Bharosa Dono."Update on Finances SBI reduced its ownership from 69.95% to 69.11% in the fiscal year that ended on March 31, 2024, by investing Rs 489.67 crore in SBI General Insurance and giving workers ESOPs.  

UN Conference on Afghanistan A Significant Event in Global Diplomacy.

UN Conference on Afghanistan A Significant Event in Global Diplomacy.

In the field of international relations, the globe saw an important event on June 30 and July 1, 2024. For the first time since assuming power in Afghanistan, the Taliban took part in the third United Nations Conference on Afghanistan, which was held in Doha, Qatar.In the field of international relations, the globe saw an important event on June 30 and July 1, 2024. For the first time since assuming power in Afghanistan, the Taliban took part in the third United Nations Conference on Afghanistan, which was held in Doha, Qatar.Preparations are underway for a meeting between the Taliban, envoys from Member States, and other relevant parties, which will be hosted by the UN. The Special Representative of the Secretary-General for Afghanistan briefed the Security Council today and advocated for increased flexibility, emphasizing that engagement does not equate to normalization.The third meeting in this format is set to take place in Doha in nine days, and the de facto authorities have indicated that they are getting ready to attend, according to Roza Otunbayeva, Special Representative of the Secretary-General and Head of the United Nations Assistance Mission in Afghanistan (UNAMA). "We hope that in Doha, important stakeholders will get together around a table, have face-to-face conversations, reaffirm the values that underpin the agreement to engage, and decide on next steps to reduce the uncertainty that the Afghan people face," the speaker stated.The expectations that Doha "has generated are significant and cannot realistically be met in a single meeting," she said.  "It cannot be repeated enough that this sort of engagement is not legitimization or normalization," she continued, even though there is no alternative for working with Afghanistan.  Though political stability has been preserved by the Taliban, there is little room for internal criticism and women are still subject to harsh restrictions. She emphasized the need for domestic political legitimacy and said that even with almost $7 billion in humanitarian aid, "massive poverty still plagues Afghanistan." Lisa Doughten, Director of the Office for the Coordination of Humanitarian Affairs' Financing and Partnerships Division, also addressed the Council, detailing the dire circumstances facing the nation—with over 50 per cent of  

PGCIL's New CGM and CMD Take Over

PGCIL's New CGM and CMD Take Over

With responsibility for managing operations in Telangana, Akhilesh Pathak has been appointed as the new Chief General Manager of Power Grid Corporation of India Ltd.'s (PGCIL) Southern Region Transmission System-I (SRTS-I).On Monday, July 1, 2024, Akhilesh Pathak took over as the new Chief General Manager (CGM) of the Power Grid Corporation of India Ltd (PGCIL)'s Southern Region Transmission System-I (SRTS-I). Pathak will be in charge of the transmission network, which includes projects and sub-stations across Telangana, Andhra Pradesh, and a portion of Karnataka. Having worked in the transmission industry for more than 31 years, he is an expert in asset management, operations and maintenance, and commercial operations. Tyagi Ravindra Kumar appointed PGCIL's CMD After K. Sreekant's departure, Ravindra Kumar Tyagi has been named the new Chairman and Managing Director (CMD) of Power Grid Corporation of India Ltd (PGCIL). On December 18, 2023, the Appointments Committee of the Cabinet (ACC) approved Tyagi's nomination, which comes after he served as Director (Operations) from August 2022. Tyagi brings over 33 years of experience in various business areas of POWERGRID, including asset management, engineering, business development, telecom, load dispatch and communication, NTAMC, and DMS. Tyagi is a Fulbright Scholar from Carnegie Mellon University and an alumnus of Punjab Engineering College and IIT Delhi. His tenure as the Maharatna CPSE's leader will end on March 31, 2026, when he retires.Concerning POWERGRID Founded on October 23, 1989, Power Grid Corporation of India Limited (POWERGRID) is a Schedule 'A', 'Maharatna' Public Sector Enterprise. POWERGRID, a listed company with the Government of India owning a 51.34% share, is based in Gurugram and is an essential part of the country's electricity transmission infrastructure.  

Agrawal Ravi Named CEO of CBDT, Achieves Gupta Nitin

Agrawal Ravi Named CEO of CBDT, Achieves Gupta Nitin

Nitin Gupta has been replaced as the new chairman of the CBDT by Ravi Agrawal, aAppointed as the next head of the Central Board of Direct Taxes (CBDT) is Ravi Agrawal, an IRS officer from 1988. Nitin Gupta, whose term concluded on June 30, 2024, is succeeded by him. In order to maintain continuity in the CBDT's policy framework, Agrawal's appointment is extended until June 2025 and is subject to reappointment under contract.History and Position Agrawal's extended term intends to supervise important tax policy decisions and oversee the management of impending Union government budgets in July 2024 and February 2025. Agrawal previously served as a member (administration) of the board. The fact that he was reappointed under unique circumstances emphasizes how important leadership continuity is to CBDT.Members and the Board Structure Six members of special secretary level, including Pragya Sahay Saksena, HBS Gill, Pravin Kumar, Sanjay Kumar, and Sanjay Kumar Verma, who retires on June 30, 2024, work for the CBDT, which is led by a chairman.CBDT: important details Function: The CBDT is responsible for managing direct taxes, including wealth, corporation, and income taxes. Organization: Under the direction of a chairman, the CBDT may consist of six special secretaries. Formulating and overseeing the execution of direct tax policies is under the purview of policy making. Authority: Has command and oversight over the Department of Income Taxation. Tenure: The government appoints the chairman and members; the chairman normally has a set tenure.n IRS officer from the 1988 class.    

António Costa of Portugal Will Be The Next President of The European Council

António Costa of Portugal Will Be The Next President of The European Council

Antonio Costa, the former prime minister of Portugal, has been formally appointed to the position of President of the European Council, which is the second-highest position in the European Union.Antonio Costa, the former prime minister of Portugal, has been formally appointed to the position of President of the European Council, which is the second-highest position in the European Union. The European Commission has reappointed Ursula Von der Leyen to a second term in office.An historic time for the European Union (EU) and Portugal António Luís Santos da Costa, the former prime minister of Portugal, was elected as the President of the European Council in Brussels, marking a momentous event for both the EU and Portugal. As the first Portuguese leader to occupy this role, his accession represents a major turning point in European politics. Although it was "almost" a given, the appointment wasn't officially announced until the leaders' summit in Brussels.Antonio Costa is a person. Born in 1961, António Costa was a lawyer who later entered politics. He had a strong socialist background and belonged to Portugal's Socialist Party, or Partido Socialista. He implemented programs to rebuild Lisbon and Portugal as a whole while serving as prime minister. Because of his leadership style, which blends pragmatism and a dedication to social justice, he is well-liked both domestically and globally.referred to as Gandhi of Lisbon He held several terms as a Portuguese cabinet minister before rising to the position of prime minister. He also held the office of vice president of the European Parliament and mayor of Lisbon. Known as the “Gandhi of Lisbon” for his modest way of life and Indian ancestry, the Indian President awarded him the Pravasi Bharatiya Samman in 2017. In addition, he possesses an OCI (Overseas Citizen of India) card. What does the EU stand to gain from his presidency? Interestingly, Costa's name wasn't on the list at first. Despite not being on the original list of candidates, the council decided to choose him, indicating both Portugal's increasing power within the EU and its readiness to explore unorthodox solutions. He sees it as a powerful symbol of European democracy and solidarity. According to diplomatic sources, the decision was taken at a European Council meeting in Brussels, where EU leaders also proposed that Ursula von der Leyen be appointed to chair the European Commission for a second term.  

Leaders of the European Union decide on key positions Ursula von der Leyen is renominated as head of the Commission

Leaders of the European Union decide on key positions Ursula von der Leyen is renominated as head of the Commission

Ursula von der Leyen, a conservative German, was reappointed as president of the European Commission for a further five years on Thursday after European Union leaders approved three high-level nominations for its common political institutions.Ursula von der Leyen, a conservative German, was reappointed as president of the European Commission for a further five years on Thursday after European Union leaders approved three high-level nominations for its common political institutions.Following the EU Parliament elections, leaders of the European Union have decided which officials will represent the largest trading bloc in the world on international fora in the years to come, on matters ranging from foreign policy to antitrust cases. The final nominee will serve as the head of the bloc's diplomacy. The three finalists will occupy prominent roles at the European Commission, the EU's strong executive department, and the European Council, the body that represents the 27 member nations. The Associated Press examines their background and scope of work.The powerful European Commission has recommended the 65-year-old German politician for a second term in office. The center-right European People's Party (EPP), which comprises von der Leyen's Christian Democratic Union, continued to be the largest group in the EU Parliament earlier this month, which gave her bid a boost.Von der Leyen has received recognition for taking the lead during the COVID-19 crisis, when the EU purchased vaccines for its citizens as a whole. However, she also encountered harsh criticism for the lack of transparency in the talks with the manufacturers of vaccines.In the lead-up to the European elections, Von der Leyen has also represented the EU's plans to become climate neutral by 2050. However, her dedication to the Green Deal policies has come under scrutiny as the EU appeared wary of upsetting farmers who claimed that EU environmental and climate laws were forcing them into bankruptcy.  

Introducing Aksha Mohit Kamboj as the India Bullion Jewellers Association's Vice President

Introducing Aksha Mohit Kamboj as the India Bullion Jewellers Association's Vice President

With effect from June 22, 2024, Aksha Mohit Kamboj has been named the India Bullion Jewellers Association's (IBJA) first female vice president.With effect from June 22, 2024, Mrs. Aksha Mohit Kamboj has been named Vice President of the India Bullion Jewellers Association (IBJA). She is the first woman to hold this prominent position in the gold and jewelry industry thanks to this historic appointment. Mrs. Kamboj has a wealth of expertise and a dedication to industry excellence. She is well-known for her leadership as the Executive Chairperson of Aspect Global Ventures Pvt Ltd and as a co-owner of the Tiigers of Kolkata cricket team. Impact on Industry and Leadership Under Mrs. Kamboj's direction, IBJA's strategic initiatives will be advanced together with ethics, transparency, and industry best practices. During her term, which ends in2029, she wants to support small companies, make sure that prices are fair, promote talent development, and make it easier for people to do business in the jewelry and bullion industries.IBJA's Position and Upcoming Projects Established in 1919, with its main office located in Zaveri Bazar, Mumbai, IBJA is a key player in the formulation of policies pertaining to the country's gold sector. The Reserve Bank of India and the Ministry of Finance use the association's daily announcements of gold prices. IBJA is presently establishing its own Domestic Gold Spot exchange in Navi Mumbai, demonstrating its dedication to the development of industry standards and laws.  

Highlights of the Lok Sabha session on June 24, 2024

Highlights of the Lok Sabha session on June 24, 2024

MPs from the INDIA bloc march in unison to demonstrate their power and to "save the Constitution."The Lok Sabha will reconvene on June 25 at 11 a.m. after being postponed. Amit Shah, the minister of housing, Rajnath Singh, the minister of defense, and prime minister Narendra Modi all took an oath of office to become members of parliament at the start of the Lok Sabha's first session. As members of the 18th Lok Sabha, among others, Union Ministers G. Kishan Reddy, Chirag Paswan, Kiren Rijiju, Nitin Gadkari, and Mansukh Mandaviya took an oath of office. Taking the oath of office as members of the 18th Lok Sabha were Union Ministers Bhupender Yadav, Giriraj Singh, Gajendra Singh Shekhawat, JD(U) MP Rajiv Ranjan (Lalan) Singh, BJP MP Piyush Goyal, and Union Minister Shivraj Singh Chouhan.Mahtab, a seven-time member of the BJP, took the oath of office as the 18th Lok Sabha's pro-tem speaker earlier today. At Rashtrapati Bhavan, President Droupadi Murmu gave the oath. The BJP's selection of Mr. Mahtab as the pro-tem speaker, however, has angered the opposition MPs of the INDIA bloc, who claim that it departs from the custom of designating the senior member.The Lok Sabha Speaker will be chosen on June 26. President Murmu is expected to speak to the joint session of both chambers of Parliament on June 27. Earlier, PM Modi greeted all of the recently elected MPs and assured the media that the new administration would always work to unite the people and forge consensus in order to serve the nation. He made these remarks while speaking to reporters outside the newly constructed Parliament building.  

For the third time, Ajit Doval has been named National Security Advisor

For the third time, Ajit Doval has been named National Security Advisor

Ajit Doval's appointment as National Security Advisor, effective June 10, 2024, was accepted by the Cabinet Appointments Committee on Wednesday.Ajit Doval, the National Security Advisor, will stay in his current position in the Narendra Modi-led NDA administration, which took office on June 9.Ajit Doval's appointment as National Security Advisor, effective June 10, 2024, was accepted by the Cabinet Appointments Committee on Wednesday.Prior to PM Modi's first term taking office in May 2014, Doval was appointed as the National Security Advisor (NSA). He remained in this capacity during the previous NDA administration, which was led by the BJP.Doval, an IPS officer from the 1968 batch, is well-known for his expertise in nuclear matters and counterterrorism.Doval was the IB's operational chief in Punjab."The nomination of Shri Ajit Doval, lPS (Retired), as National Security Adviser would take effect on June 10, 2024, as approved by the Appointments Committee of the Cabinet.His appointment will run concurrently with the prime minister's term or until new directives are given, whichever comes first. He will be given the Cabinet Minister status in the Table of Precedence for the duration of his term in office, according to the announcement. For the third time in a row, Narendra Modi took the oath of office as prime minister of India. PK Mishra was also reappointed by the cabinet's appointments committee to Prime Minister Narendra Modi's position as Principal Secretary. The appointment of Dr. PK Mishra, IAS (Retired), as Principal Secretary to the Prime Minister, effective June 10, 2024, has been approved by the Appointments Committee of the Cabinet.The Government of India said in a letter that "his appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier. " The appointment of Amit Khare, lAS (Retired) (JH:1985), and Tarun Kapoor, lAS (Retired) (HP:1987), as Prime Minister Modi's advisors, has also been approved by the Cabinet. "The following officers have been approved for appointment as Advisors to the PM in the Prime Minister's Office, with the approval of the Appointments Committee of the Cabinet. They will hold the rank and scale of Secretary to Government of India, and their appointment will be effective from June 10, 2024, until further orders are issued, whichever comes first. The appointment will be on a contract basis, subject to the standard terms and conditions that apply. lAS Amit Khare (Retired)  

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