New Delhi: Minister of State for Defence Shripad Naik has said that India has emerged as a key global power driven by the impressive economic growth backed by its longstanding moral leadership on core humanitarian and geographical issues. He was addressing a two-day digital conference on the defence & aerospace manufacturing sector ‘Defence Conclave 2020, Gujarat’ via video conferencing here today, which is being jointly organised by Confederation of Indian Industry (CII) Gujarat and Society of Indian Defence Manufacturers (SIDM). Shripad Naik said, “Strong defence capabilities would help the nation in safeguarding the prosperity generated over last couple of decades and…
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In pursuance of the commitment to ensure safety of depositors across banks, the President has promulgated the Banking Regulation (Amendment) Ordinance, 2020. (Click to view the Gazette notification on the Ordinance) The Ordinance amends the Banking Regulation Act, 1949 as applicable to Cooperative Banks. The Ordinance seeks to protect the interests of depositors and strengthen cooperative banks by improving governance and oversight by extending powers already available with RBI in respect of other banks to Co-operative Banks as well for sound banking regulation, and by ensuring professionalism and enabling their access to capital. The amendments do not affect existing powers…
Coronavirus cases in the country have breached the 5…
New Delhi: Amid India-China border standoff along the Line of Actual Control in Ladakh, a threat of the Third World War appears to be looming large. The global community seems to have realised this but the United States is the first …