David Callahan, Author at Benefit Group

May 16, 2022

Why world’s top cement maker Holcim is exiting India?

Switzerland-based world’s leading cement maker Holcim is making an exit from the Indian sector. Gautam Adani’s conglomerate clinched a offer to get Holcim AG’s cement companies in India for $10.5 billion, turning into the country’s number 2 cement maker. The divestment by Holcim marks its latest hard work to lessen publicity to carbon-intensive cement manufacturing and boost its environmental, social and company governance (ESG) credentials.

Holcim, which had entered the market 17 decades back, held a 63.19 per cent stake in Ambuja and a 4.48 per cent in ACC, whilst Ambuja owns a 50.05 for every cent stake in ACC.

Ambuja and ACC put together have the capability to make at least 70 million tonnes of cement annually, second only to UltraTech Cement, which features a capability of 120 million tonnes. Collectively, Ambuja and ACC own 31 cement producing facilities and make use of above 10,700 persons.

Having said that, in spite of this, Holcim selected to sell its business in India.

NOT ONLY INDIA

Holcim has also been selling units outdoors North The usa and Europe in a bid to sharpen its focus on vital marketplaces and diversify into creating solution parts like roofing.

The firm bought its Brazilian operation for $1 billion and also exited Indonesia last 12 months.

Surroundings Factor

Holcim’s exit is element of the group’s ‘strategy 2025’ that aims for sustainable alternatives for the developing resources sector. The significance of cement in the general team is currently declining in comparison to prepared blend concrete, aggregates, roofing, and inexperienced creating answers.

The sale of the Indian functions, which involved 31 cement plants, would reduce Holcim’s CO2 profile, Holcim Chief Government Jan Jenisch said, Reuters noted.

Creating cement is an power intense industrial course of action which makes substantial degrees of carbon, a predicament which has deterred lots of traders and weighed on Holcim’s share cost.

Its shares had been indicated 2.9 for every cent better in premarket action.

“Around 26{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of our CO2 emissions are in India, so we will have a significantly lowered CO2 footprint,” Jenisch explained. “We will normally make cement, but we will decarbonise cement. We are satisfied to construct up other segments like making remedies and solutions,” he said.

Money Matters

Holcim will use income elevated from the sale of its Indian business enterprise for acquisitions concentrated on building products and solutions and options, Chief Executive Jan Jenisch said on Monday, with the cement-maker now eyeing 10 opportunity targets.

Holcim agreed to market its Indian organization to Adani Group for 6.4 billion Swiss francs ($6.38 billion), its premier divestment in many years, as it seeks to reduced its carbon profile and increase money for takeovers.

In excess of the final 15 months, Holcim has put in 5 billion Swiss francs ($4.99 billion) on a string of organizations exterior the cement sector as it pivots in direction of making solutions like roofing and mortars.

“We hope we can maintain a comparable tempo and place this cash to get the job done extremely quick,” Chief Executive Jan Jenisch explained to reporters.

“At the instant we have close to 10 transactions currently being checked by us, becoming negotiated by us. They are smaller transactions, they are more substantial transactions,” Jenisch reported.

“We are all set for a further Firestone,” he explained, referring to the $3.4 billion obtain of the American roofing business enterprise Holcim made past year.

ALSO Go through | Adani Team gets India’s 2nd greatest cement maker with $10.5 billion acquisition of Ambuja-ACC

May 16, 2022

6 Tips For Building Your Business Into An Empire

Dr. Stephen Akintayo, a single of Africa’s most influential financial commitment coaches, Direct Specialist/Founder, Stephen Akintayo Consulting.

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Building a enterprise from the commence has never ever been quick, in particular when you do not have any fortune inherited to start out with or an financial system that supports or presents an enabling method for compact firms to develop.

I commenced my small business with 10 pounds in Nigeria, and these days, it’s well worth thousands and thousands of pounds with the largest stake in genuine estate, agriculture, human growth and electronic methods.

Here is what I’ve uncovered and how you can go about carrying out it you.

1. Understand from men and women with the success you are looking for.

The initial move in producing a thriving business isn’t really necessarily making your very own path. It starts with somebody on a successful route, finding out and getting steering from them. My organization changed when I obtained mentors to guide me.

“How do you get a mentor?” you may possibly check with.

Make a checklist of 10 items you want to achieve in your daily life and vocation, seem close to for people who have these types of at present in their life, deliver them a information and explain to them what you want to achieve and how they can help you get it. Most individuals will be willing to support. Yet another way is to show up at their seminars and webinars and purchase their books and means if they cannot be attained in man or woman.

2. Commit to earn.

Income is the bedrock of each individual enterprise venture. Each individual business is sustained by its capability to crank out cash flow and do that sustainably. As a small business owner, your most important concentration really should be how to present benefit in trade for the lifeline of your company: dollars.

To create income, you’ve got to understand how to do it, expend what it will demand you to get it, in teaching, advertising and marketing, mentorship and setting up a brand name individuals can believe in. This also includes investing to train individuals performing with you and exposing them to far more than they are employed to.

Product sales trumps all, as I realized from a person of my mentors.

3. Make your self visible.

I have this quote, “You can not be winking in the darkish and be expecting success.” No make any difference how excellent your products or providers are, if no one particular appreciates about them, you will not promote a point. If you’re naturally shy like me, get started with creating e-mails, Blackberry broadcasts, Fb dwell periods and arranging functions.

Sooner or later, you can travel everywhere in the environment to widen your network, fulfill new folks and clearly show oneself and what you have to offer you.

4. Give back again to humanity.

Proper from my days in faculty, I have generally structured charity functions to give to folks who are fewer privileged. I have a foundation, the Stephen Akintayo Foundation, that specializes in supplying schooling, meals and garments to men and women and economic aid to compact and medium businesses.

This is all in a bid to give again to humanity, and it has assisted my organization in many ways. It can help fortify your brand name and company. And you can link with like-minded folks. These individuals could, in turn, do company with you, invite you on their platform and/or propose you to other business companions. That’s how you grow a rich community — by providing back again to humanity.

5. Be dependable.

I normally say, “Only a fool throws absent his profitable ticket.” At the time you find out something that performs, guarantee you happen to be regular with accomplishing it.

The focus span and focus degree all over the world is in drop. Persons almost never do things constantly. Consistency is a virtue and pattern that can beat just about anything in enterprise. The much more regular you are, the far better your odds of breaking any barrier or impediment prior to you.

6. Master and expose by yourself to new matters.

The initial enterprise I begun, a electronic advertising and marketing business, produced a important breakthrough in 2015, staying one particular of the providers that ran a campaign for the then-elected president of my state, Nigeria.

After this accomplishment, I took the possibility to coach myself and visit spots like Silicon Valley, in which big tech corporations have their headquarters. That was in which I noticed that they all designed it drastically from authentic estate, the hard cash move remaining created from owning the land on which their providers had been created.

So, consider the alternatives you can to learn and develop from new encounters. Due to the fact of my journey, I manufactured the choice to establish a serious estate empire in Africa, and now we have expanded to four continents.

These are some of the strategies I have utilized. I know you can use them as well.

Forbes Business Council is the foremost expansion and networking group for enterprise homeowners and leaders. Do I qualify?

May 16, 2022

ISG SourceIT EMEA to Explore Sourcing Strategies for a Surging IT, Business Services Market

PARIS–(Small business WIRE)–Sourcing field authorities will obtain in Paris to discuss the most current engineering and enterprise expert services developments and shipping models at the to start with-ever ISG SourceIT EMEA meeting, Could 17–18, at the Hôtel Lutetia, hosted by Details Products and services Group (ISG) (Nasdaq: III), a primary international technological know-how research and advisory organization.

The accumulating arrives at a time when demand for this kind of services is rising, in accordance to the findings of the EMEA ISG Index™, which show file first-quarter yearly deal benefit (ACV) in Europe for cloud-based mostly IT and business enterprise solutions and robust continuing momentum in managed companies.

“Europe’s merged market place has been steadily expanding, with EMEA ISG Index™ details exhibiting ACV for the mixed marketplace at a record US $7.5 billion in the 1st quarter, up 21 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} year over calendar year,” claimed Hervé Ferrouillat, ISG companion and host of the ISG SourceIT event. “With this accelerated need comes a important have to have for the sourcing and governance methods that will ensure enterprises notice the benefit they hope from the expert services and technologies they are getting.”

More ISG Index results noticed regional EMEA need for cloud-based mostly expert services at a record US$3.9 billion, up 44 percent in the initially quarter and accounting for 51 p.c of the combined current market, the best proportion ever.

Sourcing specialists at ISG SourceIT will check out the affect of raising cloud desire from the position of see of the community sector, which necessitates a bespoke tendering system for aggressive vendor assortment how the strategy of the “sovereign cloud” is impacting company functions, and Cloud FinOps frameworks that deliver with each other business, engineering and finance groups.

Expert-led periods will also handle enhancing contract lifecycle management, vendor management efficiency and price tag discounts identifying and mitigating worth leakage in outsourcing agreements, and introducing cybersecurity controls to sourcing contracts.

“As aspect of their electronic transformations, organizations are faced with several difficulties. Amongst other matters, they must regulate the complexity of their infrastructures and guarantee the safety of their data in a hybrid multi-cloud entire world in which cyber-attacks are on the raise. The sourcing of IT solutions and answers in this hybrid context have to be particularly agile and targeted on worth development for shoppers. Collaboration with an prolonged ecosystem contributes to meeting this aim,” claimed Philippe Roncati, president of Kyndryl France.

The ISG SourceIT EMEA is sponsored by Kyndryl, HCL, Tech Mahindra, T-Systems, Wipro and WNS. The Technological know-how Organization Management (TBM) Council and FITT France are media sponsors.

Further information and registration are out there on the function web site.

About ISG

ISG (Information and facts Expert services Team) (Nasdaq: III) is a top world wide know-how study and advisory firm. A trustworthy small business associate to extra than 800 clients, like more than 75 of the world’s leading 100 enterprises, ISG is dedicated to assisting organizations, community sector companies, and support and technology suppliers accomplish operational excellence and more quickly development. The business specializes in digital transformation products and services, which includes automation, cloud and facts analytics sourcing advisory managed governance and risk providers network provider providers method and operations layout change management industry intelligence and technology study and investigation. Founded in 2006, and based in Stamford, Conn., ISG employs extra than 1,300 electronic-all set pros operating in a lot more than 20 countries—a global team recognized for its modern considering, sector impact, deep marketplace and technological innovation knowledge, and entire world-course investigate and analytical capabilities based on the industry’s most in depth marketplace facts. For far more information and facts, take a look at www.isg-1.com.

May 16, 2022

How education can boost financial inclusion of women

Individual Finance

How training can strengthen fiscal inclusion of gals

Monday May perhaps 16 2022

By HOSEA KILI
A lot more by this Author

Summary

It is broadly recognized that improved and appropriate fiscal inclusion initiatives can foster diminished gender inequalities.
Women of all ages who have entry to bank accounts, savings mechanisms, and other money providers may be greater capable to regulate their earnings and undertake personalized and successful expenses.
Reaching individuals and teams that are historically underserved remains the most important obstacle.

As we celebrated Worldwide Women’s Working day, I could not help pondering how ladies in today’s hyper-related world however encounter economic exclusion. Appallingly, estimates reveal that 2.3 billion operating-age women of all ages do not have an account at a formal economical establishment.

It is also large on the coverage agenda, with a broad vary of supply-side initiatives developed to make improvements to obtain, and raising recognition of the significance of tackling demand-side obstacles to money inclusion.

In certain, there has been a substantial appreciation of the purpose of money training in strengthening degrees of money inclusion all-around the world.

It is greatly recognized that much better and pertinent financial inclusion initiatives can foster minimized gender inequalities.

Ladies who have obtain to bank accounts, personal savings mechanisms, and other economical solutions might be much better in a position to regulate their earnings and undertake own and productive expenditures.

Many experiments posit that improved accessibility to fiscal expert services for women of all ages could also verify to be the vital to unlocking the opportunity for women of all ages-owned and women of all ages-managed micro and smaller enterprises to develop.

Economical inclusion for women of all ages also helps in lowering the publicity of lousy and rural households to cash flow shocks, improving advancement, and advertising and marketing additional sustainable and equitable progress.

The generation of a lively and globally competitive financial sector hinges on economic inclusion. It is by this that Kenya anticipates building positions, endorsing a lifestyle of price savings and funding its investment requirements.

Rated really on cell penetration, Kenya has the prospect to greatly enhance not only obtain and utilisation, but also create the ability of the individuals for enhanced defense and audio financial behaviour.

Reaching people today and groups that are traditionally underserved continues to be the greatest problem.

A large number of women and youth have very low stages of education and learning and skills with many nevertheless going through cultural obstructions that hinder them from accessing finance.

Performing intently with the Ladies in Organization Community, we at CPF consider that we have the opportunity to make a powerful contribution to communities in our country by marketing economical literacy amongst females engaged in the company, strengthening financial and operational advancement for women-led groups as perfectly as the provision of economic enterprise techniques schooling.

Just one of the central levers in our method is targeted on making sure girls have additional accessibility to and use of digital economical services, these as mobile lender accounts and digital payment programs, so that they can make their individual selections about paying out, preserving, having fiscal hazards, and developing their economic futures.

Explicitly, the main goal of this operate is to shut the persistent gender hole in economic inclusion, with a emphasis on small-money women.

World Bank Global details confirms that even though account possession has enhanced all round, gender gaps are not narrowing and remain unchanged in excess of the earlier 6 years.

Though we have witnessed excellent progress in fiscal inclusion, girls remain significantly less possible than guys to have an account.

In acquiring economies, these kinds of as ours, the gender hole is 9 percentage factors on common, which has remained just about unchanged due to the fact 2011. This doesn’t imply that women of all ages aren’t generating gains. We have found development in the complete quantity of banked girls.

I believe that cell revenue can decrease gender inequality in fiscal inclusion. We have found that exactly where there is large mobile possession, such as in sub-Saharan African economics, the gender variances are narrower.

For illustration, in Kenya, men are 18 percentage details extra very likely than women of all ages to have a conventional lender account — but a lot more females than males have only a cell income account.

When a lot more deliberate efforts are needed to close the gender hole and realise the potential gains of monetary inclusion, educating women of all ages actively engaged in organization on how they can formalise their company stays vital to narrowing the gender hole.

As a to start with pathway to accelerating the closure of the gender gap, we see assure in digitising social protection net programmes to improve the worth of digital economical products and services for women of all ages — specially lousy ladies — and to inspire much more ladies into adopting and using digital financial services.

We hypothesise that digitising a predictable cash flow stream for females is a way to quickly shut the gender hole in digital fiscal inclusion, and a potentially potent system to catalyse the financial empowerment of gals.

May 15, 2022

She pushed for student loan forgiveness for a decade. It could happen

Astra Taylor

Resource: Isabella De Maddalena

Astra Taylor took out her initially university student personal loan at 17. She attended Brown College and The New College, and owed tens of countless numbers of pounds when she defaulted on her financial debt for the duration of the 2008 economical crisis.

“Overnight, they additional 19{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to my principal,” Taylor, 42, said. “Like millions of others, I was caught in a credit card debt trap.”

By luck, her husband or wife, Jeff Mangum, a musician who launched the band Neutral Milk Lodge, presented to spend off her loans in 2012. In pretty much each and every way, her life improved.

“It saved me decades of payments,” she explained. With out worrying about meeting her month-to-month pupil personal loan monthly bill, she was able to target on her passion of building documentaries and creating publications.

Close to the exact same time, in 2014, she aided to observed Personal debt Collective, the initial union for debtors.

“The expertise of having the excess weight of my scholar loans lifted is section of why I am executing this work,” Taylor mentioned. “I want the similar aid and possibility for other persons.”

President Joe Biden lately mentioned he’d be creating an announcement on pupil mortgage forgiveness within months. CNBC interviewed Taylor about what it’s like to ultimately see a thing you’ve got been battling for for so extensive on the horizon.

Annie Nova: Beyond your individual expertise, what designed you want to make just one of your life’s mission fighting for individuals in personal debt?

Astra Taylor: When wages aren’t large plenty of to deal with the necessities of existence, lousy and operating people have no alternative but to choose on debt to survive. In this sense, we are robbed two times, 1st by bosses who underpay us, and then by loan companies who charge curiosity and service fees when we borrow to include the gap. Contrary to stereotypes, a ton of credit rating card personal debt is for essential necessities — matters like lease, foods and healthcare care. In this region, most doing work individuals usually are not dwelling past their suggests, they are getting denied the signifies to reside. Exploding household credit card debt is the consequence.

Additional from Particular Finance:
Extra Us citizens residing paycheck to paycheck as inflation climbs
Where consumers plan to minimize paying out amid history-large rates
Us citizens say inflation has ‘negative impact’ on ambitions

AN: Why do people today with personal debt, in your opinion, require a union?

AT: The fiscal sector is unbelievably effectively arranged. They are lobbying around the clock and have been in a position to repeal usury protections, deregulate the banking marketplace and increase their small business, and we are all paying the cost. Which is why we need to band with each other to struggle for fairer conditions, credit card debt aid and coverage shifts that will ensure we do not have to get on personal debt to endure.

AN: Outstanding scholar bank loan debt has been soaring for many years. What do you see as some of the earliest roots of the disaster?

AT: We applied to have a design of sufficiently funding public increased training. That began to improve in the 1960s, when Ronald Reagan was governor of California. He dismantled the College of California Grasp Plan, which provided totally free college to absolutely everyone, and demanded that the method commence charging pupils. This was component of his strategy to silent down student protests for civil legal rights and free of charge speech. The idea was that if folks experienced to go into personal debt to go to university, they’d assume 2 times about spending to have a picket sign. His steps were being section of the broader ideal-wing force to dismantle government providers and change as many general public institutions as feasible in excess of to personal actors searching for new strategies to profit.

AN: You have an challenge with the term “university student loan forgiveness.” Can you describe why?

AT: Thousands and thousands of debtors have paid off the initial amount of money they borrowed, and still are nonetheless in debt many thanks to compounding desire, and quite a few of them by some means owe far more than their original balances. That’s the basic definition of a credit card debt trap. It won’t make sense to say these folks are inquiring for “forgiveness.” That word will make it feel like debtors have performed one thing erroneous. We are chatting about a procedure-level issue — not an particular person moral failing.

AN: What part do you feel student personal debt cancellation could have on the midterm elections?

AT: Just about 1 in 5 Trump voters mentioned they would take into consideration voting for a Democrat if Democrats canceled all scholar debt. A further poll determined that 40{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of Black voters would look at remaining household for the next election if there’s no action on pupil loan financial debt. It could make or break the Democrats in battleground states.

AN: It remains unsure how much pupil personal debt will be canceled, if any. Biden has explained he’s not thinking of wiping out $50,000 per borrower, suggesting he may possibly make a decision on a scaled-down figure. You consider all $1.7 trillion in superb pupil debt must be canceled. Why?

AT: For millions of borrowers caught in a personal debt entice, … $10,000 or $20,000 hardly presents a dent in the total they owe. For 83{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of Black debtors, canceling $10,000 of debt however leaves them with a stability larger than their unique amount. That is unacceptable.

AN: One particular of the leading arguments versus university student bank loan cancellation is that it directs sources to persons who are greater off, since they attended higher education. What are your thoughts on this?

AT: Actually rich folks do not have scholar credit card debt, due to the fact they or their moms and dads could include the fees. Also, the very well off get heaps of financial assistance they do not admit. House loan holders have been equipped to choose edge of historically lower fascination rates, and they also get to deduct their home finance loan fascination on their taxes. Credit card debtors, who are much more probable to be battling, aren’t finding a 3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} desire fee they can produce off. Our economical procedure is riddled with these kinds of double standards and it really is rigged in opposition to lousy and working individuals.

AN: Student debt cancellation could be imminent. How does that feel?

AT: It’s awesome to see some thing you’ve got been performing on for so long develop into mainstream and to listen to people today like Sen. Chuck Schumer, D-N.Y., and other people echo our speaking details. We first protested student credit card debt in 2012, when it surpassed $1 trillion. Ten decades later on, it is really racing toward $2 trillion and even much more debtors are suffering. The difficulty has gotten a large amount worse, but at least we are ultimately hearing politicians accept that the only practical option is for the financial debt to be erased.

May 15, 2022

Highlights: Delhi records 613 fresh Covid-19 cases, 3 deaths; positivity rate at 2.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Breaking news updates May 15, 2022: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour.

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Updated on May 15, 2022 11:44 PM IST

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May 15, 2022 10:46 PM IST

Delhi records 613 fresh Covid-19 cases

Delhi records 613 fresh Covid-19 cases, 3 deaths; positivity rate at 2.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}/
May 15, 2022 09:43 PM IST

Five killed in Bihar as car falls into deep gorge

Five youths were killed here on Sunday when their car skidded off the road and fell into a deep gorge, a police official said.

According to Aurangabad Deputy SP Gautam Sharan Omi, the deceased, all in the age group of 18-19 years, were residents of Chhatarpur in adjoining Jharkhand. They were returning home after attending a wedding in Nabinagar block of Aurangabad. Two other occupants of the car have survived and were undergoing treatment at a hospital for injuries, said the official.
May 15, 2022 09:03 PM IST

Aam Aadmi Party forays into Kerala, announces alliance with Twenty20 party

Delhi Chief Minister and Aam Aadmi Party’s National Convenor Arvind Kejriwal on Sunday announced ‘People’s Welfare Alliance’, which is an alliance of AAP with Kerala’s Twenty20 party, ahead of Thrikkakkara assembly byelection. Read more
May 15, 2022 08:24 PM IST

India registers protest over ‘brutal killing’ of Sikh traders in Pak

India on Sunday called upon Pakistan to take strict action against those responsible for the brutal killing of Sikh traders in the Khyber Pakhtunkhwa province, news agency ANI reported.

Two Sikh shopkeepers were gunned down by unidentified assailants in the Bata Tal bazaar in Peshawar. Media reports said the assailants escaped after the target killing.
May 15, 2022 07:57 PM IST

Assam floods: 3 people dead due to landslides, reports ANI

Around 25,000 people across six districts of Assam have been affected by the first wave of floods in the state this year. Three people including a woman died in landslide incidents in Haflong area in Dima Hasao district on Saturday.

Assam State Disaster Management Authority today afternoon informed that “Till now, a total of 24,681 people of 94 villages in six districts – Cachar, Dhemaji, Hojai, Karbi Anglong West, Nagaon and Kamrup (Metro) have been affected due to floods.”
May 15, 2022 06:42 PM IST

Mercury crosses 49 degreed in Delhi

The maximum temperature recorded in Delhi’s Mungeshpur today is 49.2 degree Celsius.
May 15, 2022 05:59 PM IST

Cargo boat sinks off Ballard Pier in Mumbai, three rescued

A cargo boat sank into the Arabian sea off Ballard Pier in south Mumbai, and three persons on board were rescued soon after they jumped off when it started sinking, a police official said on Sunday as per news agency PTI.
May 15, 2022 05:19 PM IST

Anti-encroachment drives: Delhi CM to chair meet with AAP MLAs tomorrow

Delhi Chief Minister Arvind Kejriwal will chair a meeting with all the MLAs of Aam Aadmi Party on the ongoing anti-encroachment drives in Delhi at 11am tomorrow, May 16th.
May 15, 2022 05:02 PM IST

Centre extends wheat procurement season till May 31, says Piyush Goyal

“To ensure that no wheat farmer faces inconvenience, Modi Sarkar extends wheat procurement season till 31 May 2022. We are committed to ensuring farm prosperity,” Piyush Goyal tweeted.
May 15, 2022 04:40 PM IST

Sonia Gandhi speaks at Chintan Shivir

Congress president to set up advisory group from among Congress Working Committee members to deliberate on political challenges.
May 15, 2022 04:30 PM IST

Sonia Gandhi speaks at Chintan Shivir

At Chintan Shivir, Sonia Gandhi says Congress will launch a ‘National Kanyakumari to Kashmir Bharat Jodo Yatra’ on Gandhi Jayanti this year.
May 15, 2022 03:54 PM IST

BJP destroying the future of Indian youth: Rahul Gandhi

Rahul Gandhi, during the ongoing Chintan Shivir in Udaipur, targeted the Bharatiya Janata Party on issues of unemployment and inflation; and accused the party of “destroying the future” of Indian youth.

“The government has destroyed the future of the youth of India. Unemployment on the one hand, inflation on the other, there has been a war in Ukraine, it will have an impact on inflation in the coming times,” the Congress leader said.
May 15, 2022 03:27 PM IST

PM Modi congratulates shuttlers on Thomas Cup win

Prime Minister Narendra Modi took to Twitter to congratulate Indian ace shuttlers on their Thomas Cup victory and wrote, “The Indian badminton team has scripted history! The entire nation is elated by India winning the Thomas Cup! Congratulations to our accomplished team and best wishes to them for their future endeavours. This win will motivate so many upcoming sportspersons.”

Lakshya Sen, Kidambi Srikanth and the doubles pair of Satwiksairaj Rankireddy and Chirag Shetty created history as the Indian men’s badminton team defeated Indonesia 3-0 to win their first-ever Thomas Cup gold.

Read more
May 15, 2022 03:24 PM IST

Congress leader Rahul Gandhi speaks at Chintan Shivir in Udaipur

Congress leader Rahul Gandhi, speaking at Chintan Shivir in Udaipur, said: “Which other political party in this country would allow this type of conversation? Certainly, the BJP, and RSS would never allow such a thing. India is a union of states, people of India come together to form the union.”
May 15, 2022 03:20 PM IST

Mundka fire incident: Roles of civic agencies will be probed, says DCP

DCP (Outer) Sameer Sharma said roles of civic agencies will be probed. “We’ll write to them to get necessary details in connection with the building. Responsibility will be fixed,” he said.

A four storey building housing an assembling unit caught fire in Mundka claiming 27 lives on Friday.
May 15, 2022 02:28 PM IST

Kerala: Water-logging in several parts, IMD sounds orange alert

The Indian Metrological Department (IMD) has issued a warning of heavy rainfall in the state of Kerala for the next five days due to strong westerly winds in the Arabian Sea. An orange alert has been issued by IMD in six districts of the state.
May 15, 2022 01:54 PM IST

Two members of the Sikh community shot dead in Pakistan

Two people belonging to the Sikh community were shot dead by unidentified gunmen in the Sarband area in Pakistan on Sunday.
May 15, 2022 01:46 PM IST

PM Modi congratulates Manik Saha for swearing-in as 11th CM of Tripura

Prime Minister Narendra Modi congratulates Manik Saha for swearing-in as 11th CM of Tripura. “Congratulations to Shri @DrManikSaha2 on taking oath as Tripura’s CM. Best wishes to him for a fruitful tenure. I am confident he will add vigour to the development journey of Tripura which began in 2018,” PM Modi wrote on Twitter.
May 15, 2022 01:37 PM IST

South Korea to hold dialogue with North Korea over Covid-19 support: Reports

Reports suggest South Korea to hold dialogue with North Korea over Covid-19 support.
May 15, 2022 12:12 PM IST

Kashi Vishwanath Temple-Gyanvapi Mosque complex completed for 2nd day

Survey of Kashi Vishwanath Temple-Gyanvapi Mosque complex completed for the second day.
May 15, 2022 11:40 AM IST

Manik Saha takes oath as 11th chief minister of Tripura

Manik Saha on Sunday took oath as 11th chief minister of Tripura.
May 15, 2022 11:28 AM IST

Sri Lanka Sri Lanka lifts curfew for Buddhist festival

Sri Lankan authorities lifted a nationwide curfew Sunday for an important Buddhist festival.
May 15, 2022 10:56 AM IST

Delhi Mundka fire: Manish Lakra, owner of building, arrested by police

Delhi Mundka fire: Police arrests owner of building – Manish Lakra.
May 15, 2022 10:29 AM IST

Delhi police to arrest Rajasthan Minister Mahesh Joshi’s son

A team of Delhi Police conducted a raid at Rajasthan Minister Mahesh Joshi’s house in Jaipur to arrest his son Rohit Joshi but he was found to be absconding. Delhi Police has filed an FIR against Rohit after a 23-year-old woman alleged that he raped her.
May 15, 2022 10:19 AM IST

Incessant rains, landslides hit Assam

Landslides reported so far from 12 villages in Dima Hasao district. Around 80 houses are severely affected, 3 people dead in Haflong area: Assam State Disaster Management Authority (ANI)
May 15, 2022 09:45 AM IST

Sri Lanka: New PM appoints Ruwan Wijewardena to protect Gota Go Gama

Newly-appointed Prime Minister of Sri Lanka, Ranil Wickremesinghe has said that he has entrusted the Sri Lankan State Minister of Defense and Deputy Leader of the UNP, Ruwan Wijewardena with the responsibility to give protection to the protest site at Galle Face area.
May 15, 2022 09:02 AM IST

Punjab cops seek more security for Kejriwal

The police in Punjab have written to the Delhi Police about an increased threat to chief minister Arvind Kejriwal from Khalistani elements, proposing to provide additional security cover to the Aam Aadmi Party convener. Read more
May 15, 2022 08:37 AM IST

India sees drop in daily Covid-19 tally with 2,487 case

India records 2,487 Covid-19 cases, 13 deaths in 24 hours.
May 15, 2022 08:18 AM IST

Manik Saha to take oath as Tripura CM today

Manik Saha will take oath as the eleventh chief minister of Tripura on Sunday at the Raj Bhawan in Agartala. A report by news agency ANI said that the swearing-in ceremony of the council of ministers will take place at 11:30 am.
May 15, 2022 07:35 AM IST

Protests against Kashmiri Pandit staffer’s killing intensify in J&K

Protests escalated in Kashmir against the Thursday’s killing of a government employee belonging to the migrant Kashmiri Pandit community by militants. Read more
May 15, 2022 06:45 AM IST

North Korea confirms 15 more deaths amid Covid outbreak

North Korea has confirmed 15 more deaths and hundreds of thousands of additional patients with flu-like symptoms amid the country’s first Covid outbreak.
May 15, 2022 06:33 AM IST

IGL price hike in Delhi: CNG to cost ₹71.61/kg, piped cooking gas ₹45.86

Prices of CNG in the national capital on Thursday were hiked by ₹2.50 per kg and that of piped cooking gas by ₹4.25 per unit to record levels on the back of surge in raw material cost. Read more
May 15, 2022 05:43 AM IST

Former test cricketer Andrew Symonds dies in auto accident

Former Australian test cricketer Andrew Symonds has died after a single-vehicle auto accident near Townsville in northeast Australia.
May 15, 2022 05:42 AM IST

10 dead, suspect arrested in mass shooting at supermarket in New York

A gunman wearing military gear and livestreaming with a helmet camera opened fire with a rifle at a Buffalo, New York, supermarket, killing 10 people.

Modi heads to Nepal today with focus on boosting ties

Modi will be meeting Nepal Prime Minister Sher Bahadur Deuba at Lumbini, the birthplace of Prince Siddhartha who became Buddha after enlightenment, on Monday after taking a short helicopter ride from Kushinagar in Uttar Pradesh.

Prime Minister Narendra Modi with his Nepal counterpart Sher Bahadur Deuba during a meet in New Delhi on April 2.(REUTERS)

Published on May 16, 2022 02:26 AM IST

1 dead, 1 missing as goods truck plunges into gorge in Manipur

Four houses have been washed away while many houses in Manipur’s Jiribam district which borders Assam’s Silchar were submerged in the early hours of Sunday when the Jiri River overflowed due to incessant rain for the last five days leading to flash floods.

The water levels of Imphal River, Nambul River and Nambol River are still flowing above the dangerous mark as rainfall continues in their catchment areas. Many low lying areas of Imphal also continued to be submerged due to lack of a proper drainage system. (HT PHOTO.)

Published on May 16, 2022 12:57 AM IST

Kejriwal ties up with Twenty20 in Kerala

While attending a public meeting organised by Twenty20 that is promoted by the Kitex Group, Kejriwal said the political parties here won’t give jobs to the children of this State as they want people who can riot and can spread hooliganism.

Addressing the crowd gathered at the Kitex ground here, Kejriwal said no one knew Arvind Kejriwal 10 years ago and there was no AAP either. (ANI)

Published on May 16, 2022 12:49 AM IST

18th century Indian man who fought for equality declared saint by Pope

This process was recommended by the Kottar diocese, Tamil Nadu Bishops’ Council and the Conference of Catholic Bishops of India.

Former bureaucrat Devasahayam said that it is significant that the sainthood to Lazarus Devasahayam comes at a time when the country is facing caste discrimination and communalism. (Reuters)

Published on May 16, 2022 12:38 AM IST

Modi lauds Telangana BJP president over his padayatra

The TRS government has not been implementing various Central schemes thereby depriving the people of the benefits, Sanjay Kumar told Modi, according to a release from Telangana BJP.

Published on May 16, 2022 12:36 AM IST

Ready for early assembly polls if BJP does so at Centre: TRS

Reacting to the TRS leaders’ comments, state BJP president Bandi Sanjay said the ruling party leaders had lacked basic courtesy.

The Union home minister also said KCR had done nothing “except change the names” of the schemes rolled out by the Centre. (PTI)

Published on May 16, 2022 12:34 AM IST

‘Trishul a religious symbol not a weapon’: Bajarang Dal on training camp in Kodagu

The development comes at a time when the Basavaraj Bommai-led Bharatiya Janata Party (BJP) government in Karnataka has been accused of turning a blind eye on similar activities carried out by right-wing groups.

During the training camp, in which over 100 people took part, weapons like trishul (trident) were distributed among the participants, the official said. (Resourced from social media)

Published on May 16, 2022 12:34 AM IST

BSY’s son on list for MLC poll candidates

Biennial elections to four Rajya Sabha seats from Karnataka — two each in graduates and teachers constituencies of the state legislative council will be held on June 10 and 13 respectively.

Published on May 16, 2022 12:32 AM IST

‘All temples demolished by Mughals should be reclaimed legally’

The former state minister’s statements come at a time when there has been growing clamour by right-wing groups who have been demanding survey of several mosques to find traces of Hindu temples, if any.

Former minister for rural development and panchayat raj KS Eshwarappa (HT File)

Published on May 16, 2022 12:32 AM IST

Set aside internal differences, focus on exposing Gehlot govt: BJP to Rajasthan unit

The BJP has urged its leaders in Rajasthan to set aside their differences and focus on “exposing deficiencies” of the ruling Congress ahead of next year’s assembly elections.

BJP national president J P Nadda said the party in Rajasthan will need to shift their focus from the infighting to projecting a cohesive unit against the Congress, party functionaries familiar with the matter said. (PTI)

Published on May 16, 2022 12:30 AM IST

2 poachers linked to killing of 3 cops shot at as they tried to flee, say MP police

Two poachers who were arrested on Saturday after a gunfight in Guna district of Madhya Pradesh were injured while trying to flee from police custody on Sunday, police said, adding that two policemen were also injured in the incident.

Two poachers who were arrested on Saturday after a gunfight in Guna district of Madhya Pradesh were shot while trying to flee from police custody on Sunday.

Published on May 16, 2022 12:20 AM IST

ByShruti Tomar/Yogendra Lumba

Civilian killed as forces, terrorists exchange fire in Kashmir

A 20-year-old civilian on Sunday was killed in an ‘exchange of fire during a chance encounter’ between security forces and terrorists in south Kashmir’s Shopian district, police said.

Acivilian on was killed in an ‘exchange of fire during a chance encounter’ between security forces and terrorists in south Kashmir’s Shopian district, police said on Sunday. (File)

Published on May 16, 2022 12:09 AM IST