Current CEO Uday Kotak’s term ends in December this year, and as per RBI’s new rules on limiting the tenures of CEOs, he cannot continue in the office.
The strikes involving a combined 12,700 workers will take place at assembly plants operated by Ford in Wayne, Michigan, GM in Wentzville, Missouri and Stellantis’ Jeep brand in Toledo, Ohio.
The deadline for implementing Aadhaar-based payment system as the only mode of payment to workers under national rural job guarantee scheme MGNREGS will not be extended beyond August 31, PTI reported quoting government sources.
The reliance on imported crude in the first quarter (Q1) of the current financial year (FY24) was also higher than the previous fiscal’s 87.4 per cent–the highest-ever for a full year.
When asked whether new MDBs could be formed especially to deal with issues such as climate change, Summers said his advice to the existing multilateral institutions would be to move dramatically in that direction.
As per the original plan, the tenure of PIDF scheme was fixed for three years till December 2023.
Gold imports saw a 16 per cent jump to 209 tonnes during Q2 of 2023, from the year-ago period on account of stocking, WGC said in its latest report released on Tuesday.
RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) is scheduled to begin its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on December 8.
Rupee depreciation also negatively impacted petroleum product imports in value terms, but its positive effect on value of petroleum product exports from India partly offset the hit to the country’s overall oil and petroleum product trade in the first half of FY24.
On the other hand, based on the date of occurrence of frauds, the average amount involved in frauds declined during the first half of 2023-24, with the number of cases concentrated in card or internet related frauds.