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Monthly Archives: June 2024

Finance Ministry Caps Arbitration Value at ₹10 Crore

Finance Ministry Caps Arbitration Value at ₹10 Crore

In a bid to streamline dispute resolution involving government or public sector enterprises (PSEs), the Finance Ministry has set a cap of ₹10 crore for arbitration cases. This move aims to mitigate the perceived challenges of lengthy proceedings and potential misconduct among arbitrators. The Ministry also advises against automatically including arbitration clauses in large government …

India-IORA Cruise Tourism Conference Concludes In New Delhi

India-IORA Cruise Tourism Conference Concludes In New Delhi

The two day India-IORA Cruise Tourism Conference concluded in New Delhi on June 14. Officials and experts from the Indian Ocean Rim Association, IORA Member States including Bangladesh, Kenya, Madagascar, Maldives, Mozambique, Sri Lanka, South Africa, Seychelles and Tanzania participated in the Conference. About IQRA The Indian Ocean Rim Association (IORA) is a dynamic inter-governmental …

India’s Wholesale Prices Accelerate to 15-Month High of 2.61% in May

India’s Wholesale Prices Accelerate to 15-Month High of 2.61% in May

India’s wholesale inflation, measured by the wholesale price index (WPI), surged to a 15-month high of 2.61% in May from 1.26% in April, driven by an adverse base effect and a sharp increase in food prices. The inflation rate for food items reached 9.82%, contrasting with -3.61% in May 2023. Food Price Surge The significant …

Madhya Pradesh CM Inaugurates PM Shri Tourism Air Service From Bhopal

Madhya Pradesh CM Inaugurates PM Shri Tourism Air Service From Bhopal

Madhya Pradesh Chief Minister Mohan Yadav launched an intra-State air service to promote tourism on June 13 from Raja Bhoj International Airport in the state capital Bhopal. It is called ‘PM Shri Paryatan Vayu Seva’ and the first flight was flagged off from the capital Bhopal to Jabalpur. The service operated by the Madhya Pradesh …

R. Ashwin's 'I Have the Streets: A Kutti Cricket Story' – A Glimpse into the Life of a Cricketing Legend

R. Ashwin’s ‘I Have the Streets: A Kutti Cricket Story’ – A Glimpse into the Life of a Cricketing Legend

Off-spinner Ravichandran Ashwin, one of the most accomplished cricketers in the history of the game, is set to unveil his autobiography titled ‘I Have the Streets: A Kutti Cricket Story’ on June 10, 2024. Co-authored with acclaimed writer Sidharth Monga, this book promises to take readers on a captivating journey through Ashwin’s life and times …

Mumbai, Delhi Luxury Real Estate Among Top 5 Globally: Knight Frank

Mumbai, Delhi Luxury Real Estate Among Top 5 Globally: Knight Frank

Mumbai and Delhi have emerged as top performers in the global luxury real estate market, according to Knight Frank’s recent report, “Prime Global Cities Index January-March 2024”. Both cities recorded significant increases in house prices, positioning them among the top five global cities for prime residential price growth. Mumbai’s Surge Mumbai saw a year-on-year (YoY) …

A Book titled "A Fly on the RBI Wall" Authored by Alpana Killawala

A Book titled A Fly on the RBI Wall Authored by Alpana Killawala

When Alpana Killawala joined the Reserve Bank of India (RBI), the bank’s communication department was just beginning to take shape. Over a career that spanned more than two decades, Alpana not only witnessed but actively contributed to the evolution of the RBI’s communication strategies. Her book, A Fly on the RBI Wall: An Insider’s View …

Divya Deshmukh and Kazybek Nogerbek Triumph at FIDE U-20 World Chess Championship 2024

Divya Deshmukh and Kazybek Nogerbek Triumph at FIDE U-20 World Chess Championship 2024

The 2024 FIDE U-20 World Chess Championship, organized by the International Chess Federation (FIDE), witnessed a remarkable achievement as 18-year-old Divya Deshmukh from Nagpur, India, clinched the FIDE Under-20 Girl’s World Chess Championship title. Deshmukh’s triumph marks her as the fourth Indian woman to win this prestigious title, following in the footsteps of chess legends …