Month: July 2017

There is no proposal to restrict import of Chinese Products

Newsroom24x7 Network New Delhi: There is no proposal at the Government of India level at present to restrict imports of products, that otherwise satisfy the domestic laws, rules and regulations, including meeting the prescribed technical standards. As member of WTO, India’s regulations apply to all members equally and all goods imported into India are subject […]

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Terrorist plot to bring down plane in Australia: Four arrested after Sydney raids

Newsroom24x7 Network Sydney: Australia’s counter-terrorism task force foiled an attempt by terrorists to blow up a passenger plane and arrested four persons in this connection after late night raids here. According to Australian Federal Police Commissioner Andrew Colvin, Police have obtained information that “some people in Sydney were planning to commit a terrorist attack using […]

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Stressed assets with banks are unique opportunity for asset reconstruction companies and private equity firms: Arun Jaitley

Newsroom24x7 Staff New Delhi: Union Finance Minister Arun Jaitley today stated that the opportunities presented by the Insolvency and Bankruptcy Code (IBC) framework and Government’s emphasis on resolution represent a unique opportunity for Asset Reconstruction Companies (ARCs) and Private Equity firms (PE). At a meeting today with leading ARCs and PE firms focused on stressed […]

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Panama Papers: Nawaz Sharif steps down after Supreme Court order

Newsroom24x7 Network Islamabad: Pakistan Prime Minister Nawaz Sharif today stepped down after the Supreme Court of Pakistan unanimously voted for disqualifying him from holding office and referred his case to the country’s top anti-corruption authority for conducting a probe into his family’s offshore assets exposed by the Panama Papers. The landmark verdict against Sharif was […]

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New Bond rules reduce Indian Corporates’ funding options

Newsroom24x7 Network Singapore/Mumbai: New, tighter regulations on foreign holdings of Indian rupee-denominated corporate bonds and offshore issuance will reduce options for companies to diversify their funding sources, at least temporarily, Fitch Ratings says. The rules will also prevent the use of certain complex transaction structures, which have recently gained popularity among corporate issuers. The Securities […]

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The new China-Russia axis: The name of the game is powerplay

Lalit Shastri Russia and China should join their efforts in facing modern challenges as common position of both countries stabilizes the international situation. – Chief of the General Staff of the Russian Armed Forces General Valery Gerasimov The US Senate on Thursday passed a Bill that provides sanctions against Russia for activities concerning cyber security, crude oil […]

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Alok Pratap Singh-The crusader for the cause of Bhopal gas victims

Snehdip Biswas अन्नदानं परं दानं विद्यादानमतः परम् । अन्नेन क्षणिका तृप्ति र्यावज्जीवं च विद्यया ॥ (Giving food to a person is a great deed, but giving vidyaa (education) is even better. The satisfaction (obtained) from food is momentary, but that (obtained) from vidyaa lasts a lifetime) Ananya Pratap Singh recited this eternal Sanskrit shloka today […]

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Nitish takes oath as Bihar Chief Minister

Newsroom24x7 Staff Patna: Within 24 hours of resigning and quitting the “grand alliance”, Nitish Kumar has once again become the chief minister of Bihar. Nitish was sworn in as chief minister today morning (27 July 2017). He will heading a government with BJP as alliance partner. Also sworn in as Deputy Chief Minister this morning, […]

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BJP extends support to Nitish

Newsroom24x7 Staff Patna: The Bharatiya Janata Party High Command went into action mode and decided to support Nitish Kumar to form the next Government in Bihar after he tendered his resignation as the State Chief Minister on Wednesday evening. Bihar BJP Legislature Party leader and former Deputy Chief Minister Sushil Kumar Modi announced his party’s […]

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