Sunday, November 24
During his campaign for re-election, Donald Trump vowed to purge the military of so-called "woke" generals. Now that he is president-elect, the question in the halls of the Pentagon is whether he would go much further. Trump is expected to have a far darker view of his military leaders in his second term, after facing Pentagon resistance over everything from his skepticism toward NATO to his readiness to deploy troops to quell protests on U.S. streets. Trump's former U.S. generals and defense secretaries are among his fiercest critics, some branding him a fascist and declaring him unfit for office. Angered, Trump has suggested that his former chairman of the Joint Chiefs of Staff, Mark Milley, could be executed for treason. Current and former U.S. officials say Trump will prioritize loyalt
Prime Minister Narendra Modi has lauded the efforts of Department for Promotion of Industry and Internal Trade (DPIIT) for displaying efficiency and earning Rs 2,364 crore in just three years through the sale of scrap from various government offices. In a remarkable display of efficiency and sustainability, the Government of India has earned Rs 2,364 crore in just three years through the sale of scrap from various government offices.Reacting to the social media post of Union Minister of State Jitendra Singh, PM Modi said, "Commendable! By focussing on efficient management and proactive action, this effort has attained great results. It shows how collective efforts can lead to sustainable results, promoting both cleanliness and economic prudence."Launched under the Special Campaign 4.0, the
Sri Lanka's bid to join BRICS has not ended and its application to join the grouping is still pending, the Foreign Ministry here said on Sunday. It said that Sri Lanka had applied for membership and the foreign minister Vijitha Herath had written to his counterparts expressing Sri Lanka's interest to join BRICS. "Pending requests for membership from many countries, including Sri Lanka, will be considered by BRICS member countries in due course," the statement added. The statement came after local media reports said Sri Lanka's application to become a member in the BRICS has been rejected. Meanwhile, the statement also said Sri Lanka's intention to join the New Development Bank (NDB) was welcomed by the president of the NDB. The New Development Bank is a multilateral development bank establ
The concessionaire agreement between the AAI and Adani Thiruvananthapuram International Airport Ltd is not a 'transfer of business', but supply of services and hence is liable to GST, the Kerala-bench of the GST Authority for Advance Ruling (AAR) has said. The Kerala AAR ruling is contrary to the rulings passed by the Rajasthan and Gujarat Appellate Authority for Advance Ruling (AAAR) in the case of transfer of Jaipur and Ahmedabad airports and Uttar Pradesh AAR in the case of Chaudhary Charan Singh International Airport in Lucknow. These authorities had exempted such transfers from goods and services tax (GST). The Airports Authority of India (AAI) in its application before the AAR said it has entered into a concessionaire agreement with Adani Thiruvananthapuram International Airport Lt
The government has raised Rs 3,449 crore through offer-for-sale (OFS) in Hindustan Zinc Ltd by selling about 1.6 per cent stake. Through the two-day OFS on November 6-7, the government had proposed to sell over 5.28 crore shares, or 1.25 per cent stake, with a greenshoe option to retain additional subscriptions of a similar amount. As per the official data, the government has raised Rs 3,449.18 crore from the OFS. On the first day of the share sale offer on November 6, the institutional investors had placed bids for close to Rs 3,400 crore shares or about 1.58 per cent stake. Retail investors' demand was somewhat muted on November 7. The government, which held a 29.54 per cent stake in HZL before the OFS, is the largest minority shareholder in the Vedanta Group firm. The proceeds from the
In the early 19th century when Britannia — John Bull — ruled the waves and funded all Europe’s struggle against Napoleon, there was a popular English song: Who pays the piper? I, said John Bull. Whoever plays the Fool, I pay the piper!For the past 80 years, whoever has “played the fool” on the world stage, it has been the United States that has paid the piper. While MAGA supporters decline to accept that exercising the leadership of democracies has advanced American political and economic interests, most economists believe that dominance of NATO, and of its costs, hasn’t been a downside transactional burden for the US.Yet even assuming this is true, what is for sure is that this era is ending. Europe is preparing for a new life, almost certainly further distanced from the US th
