The Davos Dialogues agenda marks the launch of the World Economic Forum s great reset initiative in the post-Covid-19 world. Stay tuned for Latest LIVE news
Cabinet clears policy on PSU privatisation ahead of Union Budget The Union Cabinet has paved the way for the much-awaited policy on the privatisation of public sector undertakings (PSUs), and its details are expected to be announced in the Union Budget. The policy, which will lay out a road map for the presence of government-owned entities in strategic and non-strategic sectors, was taken up at the Cabinet meeting held on Wednesday and was approved, said two government officials in the know.
IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers The initial public offering (IPO) market has kicked off the New Year on a strongest note in more than a decade. Four maiden offerings have managed to raise a cumulative Rs 7,376 crore most since January 2008, when the now-infamous Rs 11,700 crore of Reliance Power was launched. Read more
Read more about Top headlines: Direct tax compliance may ease, RBI open to digital currency on Business Standard. Business Standard brings you the top headlines of the day
Union Home Minister Amit Shah Indian and Chinese military leaders on Sunday discussed for the ninth time disengaging along the Line of Actual Control (LAC) in Ladakh where thousands of troops have been in a faceoff since May 2020. Lt General PGK Menon, commander of the Leh-based 14 Corps that oversees the Ladakh sector, will lead the Indian delegation to talks. Major General Liu Lin, commander of the South Xinjiang Military Region, will lead the Chinese side. The meeting will be held at the Border Personnel Meeting (BPM) point in Moldo on the Chinese side of the LAC near Chushul. Tensions rose in May when New Delhi detected incursions by Chinese troops in Ladakh along with a massive deployment of Chinese military personnel. India quickly moved in its troops to counter further incursions.
Photo: Reuters
Latest live news updates: Twin suicide bombings ripped through a busy market in the Iraqi capital on Thursday, killing at least 28 people and wounding 73 others. No one immediately took responsibility for the attack. In a major incident, five people died when a big fire broke out today inside the sprawling complex of the Serum Institute of India (SII), the world’s biggest vaccine maker, in Pune. Meanwhile, bird flu cases have been confirmed in poultry birds in a few more districts of Maharashtra, Madhya Pradesh and Chhattisgarh. So far, avian influenza in poultry has been confirmed in six states Chhattisgarh, Haryana, Kerala, Madhya Pradesh, Maharashtra and Punjab.