RBI set for rate cut, banks’ cost of funds may not drop

AAP has officially disengaged from the INDIA bloc, asserting that the coalition was solely formed for the 2024 Lok Sabha elections and alleging a secret alliance between BJP and Congress. AAP's Anurag Dhanda criticized the two major parties for their collusion, claiming it undermines basic public services, and emphasized that AAP would independently contest upcoming elections while still supporting opposition positions in Parliament. The party's previous alliance with Congress has been marked by tensions and...

Aakash Educational Services Ltd (AESL) has approached the National Company Law Tribunal (NCLT) in Bengaluru to dismiss Byju's petition and to include consultancy firm Ernst & Young (EY) and partner Ajay Shah in the proceedings, citing a conflict of interest due to EY's prior advisory roles in contested transactions. AESL alleges that the Resolution Professional (RP), Shailendra Ajmera, is compromised due to his affiliation with EY and failed to disclose relevant associations. EY has refuted...

As the competition for the loyalty of the global elite escalates, the UAE and the U.S. are offering enticing pathways to permanent residency. The UAE's Golden Visa scheme is noted for its efficiency, tax advantages, and established reputation, while the revived EB-5 Investor Visa under Donald Trump is characterized as controversial yet powerful, appealing to high-net-worth individuals and entrepreneurs. This comparison raises the question of which option is more advantageous for ambitious expats seeking residency...

Curtis Yarvin, a tech entrepreneur and political theorist known for his pseudonym Mencius Moldbug, advocates for replacing democracy with a CEO-style autocracy, significantly influencing Donald Trump’s second presidency. His ideas, which emphasize the dismantling of liberal democratic norms and promote a top-down governance model, have gained traction among Trump-aligned figures and tech billionaires. While Yarvin faces criticism for his controversial views on race and authoritarianism, his ideological framework has become integral to contemporary conservative politics....

Summary Uttarakhand Chief Minister Dhami expressed solidarity with the North Eastern states during challenging times, emphasizing the support of the people of Uttarakhand. He stated that the Uttarakhand government is prepared to offer all possible assistance to these states if needed. This commitment reflects the government's dedication to maintain strong inter-state relations and provide aid during crises, as noted in a statement from the Uttarakhand Chief Minister's Office. Full Article

About the AuthorTOI World DeskTOI World Desk comprises a team of experienced journalists and dedicated writers who work diligently to provide the latest news and a variety of perspectives on global events. Committed to accuracy and timeliness, they aim to deliver an in-depth understanding of international affairs. Readers are invited to explore the stories that influence our interconnected world through their comprehensive reporting.Read More Full Article