US President Joe Biden reaffirmed his candidacy for the upcoming November 5 election, addressing doubts following his recent debate performance. In a Wisconsin rally, Biden emphasized his achievements, including job creation and healthcare improvements, while dismissing concerns about his age. He expressed determination to defeat Donald Trump again, calling for unity and support. Indian-American community leader Ajay Jain Bhutoria endorsed Biden and Vice President Kamala Harris, praising their commitment... Читать дальше...
MCA will amend IBC and Companies Act, 2013 to expedite resolutions, reduce compliance burdens, and broaden CSR norms in the winter session. Changes include creditor-led mechanisms, wider pre-pack resolution, and stronger audits. Real estate-specific IBC regime is unlikely. Timely resolutions crucial; 68% of insolvency cases exceed 9 months; corrected timing improves creditor recovery, says Veena Sivaramakrishnan.
Traditional groups cap CXO age at 50. A mid-fifties candidate was overlooked. Younger CEOs/CXOs, preferred for tech adaptability post-pandemic, fit the 'sweet spot' age aiding old economy firms. Pawan Goenka noted internal grooming. Rajiv Dube favors longer terms. Young leaders, noted by Harsh Goenka and Claricent Partners, are ambitious and successful.
The government is examining a proposal to increase the tax-deductible amount on savings account interest to Rs 25,000. Current limits are Rs 10,000 (Section 80TTA), Rs 50,000 for seniors (Section 80TTB), under the old tax regime. Banks have been advocating for incentives on deposits due to rising concerns over the increasing credit-deposit ratio.
During the New Delhi SCO summit last year, one of the two joint statements adopted had been on Countering Radicalisation leading to Terrorism, Separatism and Extremism. Kazakhstan, during its chairmanship, carried forward the spirit of that statement, said Jaishankar, who was on a three-day visit to the Central Asian country.
Abdulaziz Almuzaini who is a popular animation expert and who has his own show on Netflix has been sentenced to 13-years in prison by a Saudi anti-terrorism court. Human rights groups are up in arms and are demanding his release. His posts on social media have been deemed to be a threat to the Kingdom of Saudi Arabia.
In a podcast, Michael Saylor has warned that the US dollar is losing its value due to high rate of inflation and other currency options. He added that well known investors are aware of this reality.
Futurama's Season 12 is set to premiere on July 29, streaming on Hulu. The teaser trailer features the voice cast announcing the show's return. Following the success of Season 11, the series will continue until 2026, delighting fans with more adventures of their favorite characters.
The trailer for 'Batman Ninja vs. Yakuza League' has been released, bringing Batman back to Japan. In this sequel, the Justice League becomes the "Yakuza League" in an alternate reality. The film has no release date yet.
