The Government e-Marketplace (GeM) celebrated its 8th Foundation Day today with significant milestones to highlight. As of August 8, 2024, the platform has achieved a procurement volume of ₹1,92,433 crore for FY 2024-25, marking an impressive 136% growth compared to the same period last year. GeM is on track to…
Category: News
News
Indian Cost Accounts Service (ICoAS) Celebrates Foundation Day with ‘ICoAS @ Viksit Bharat’ Theme
The Indian Cost Accounts Service (ICoAS) marked its Foundation Day in New Delhi today with the theme ‘ICoAS @ Viksit Bharat,’ highlighting the crucial role that ICoAS officers play in advancing the vision of a developed India by 2047. The event was graced by Dr. T. V. Somanathan, Finance Secretary…
News
Key Figures in Bangladesh’s Interim Government Led by Muhammad Yunus
In a significant political shift, Bangladesh’s Nobel laureate, Muhammad Yunus, was sworn in on Thursday as the head of an interim government following the end of Sheikh Hasina’s 15-year rule, which was brought down by student-led protests. At 84 years old, Yunus assumed the role of chief advisor, a position…
News
Quality Control Orders to Safeguard Domestic Footwear Industry and Boost Exports: Shri Piyush Goyal
The enforcement of Quality Control Orders (QCOs) is set to block the influx of low-quality, inexpensive leather products into India, offering a lifeline to the domestic footwear industry facing unfair competition. Union Minister of Commerce & Industry, Shri Piyush Goyal, emphasized this during the inauguration of the 8th India International…
International
Earthquakes Shake Japan’s Southern Coast, Trigger Tsunami Advisory
Two powerful earthquakes struck off Japan’s southern coast on Thursday, causing widespread concern and prompting a tsunami advisory. The first quake, measured at a 6.9 magnitude, was quickly followed by a stronger 7.1-magnitude tremor, according to the United States Geological Survey (USGS). The Japan Meteorological Agency (JMA) reported that the…
News
Buddhadeb Bhattacharya, former West Bengal CM Is No More
Buddhadeb Bhattacharya, former Chief Minister of West Bengal passed away at 8:20 am on Thursday at his residence on Palm Avenue in Kolkata. He was 80 years old and had been battling chronic obstructive pulmonary disease for several years. He is survived by his wife Mira and daughter Suchetana. Bhattacharya…
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Government to Amend Waqf Act to Enhance Transparency and Accountability
The government plans to introduce a bill to amend the Waqf Act, of 1995, aiming to curb the unchecked powers of Waqf Boards, which were further expanded by a 2013 amendment. This move seeks to bring transparency and accountability to the regulation and monitoring of over 8.7 lakh properties under…
International
The Uncertain Future for Bangladesh After Hasina’s Downfall
The recent replacement of Bangladesh’s long-serving Prime Minister Sheikh Hasina by Nobel laureate Muhammad Yunus might seem like a positive change for a country edging towards authoritarianism. Hasina’s rule had become increasingly paranoid, even persecuting Yunus, celebrated globally for his contributions to rural development. While her departure was arguably overdue,…
News
Dr. Ajay Bhushan Pandey Leads Executive Search Firms Roundtable at IICA
On 2nd August 2024, the Indian Institute of Corporate Affairs (IICA) hosted a private roundtable consultation with leading executive search firms at its Gurugram campus. This event featured over 20 managing, equity, and senior partners from some of India’s top executive search firms, aiming to collaboratively enhance board compositions in…
News
Australia’s High Commissioner to India Meets Union Minister Manohar Lal
HE Mr. Philip Green OAM, Australia’s High Commissioner to India, met with Union Minister of Housing and Urban Affairs and Minister of Power, Shri Manohar Lal, in New Delhi today. The meeting centered on enhancing collaboration between India and Australia in the power sector.