15TH PRESIDENT
Budget will announce historic steps, present a ‘futuristic vision,’ says President Murmu
President Murmu said that today India alone contributes to 15% of the global growth and reiterated her government’s commitment to make India the third largest economy in the world. She sought the support of the Opposition to meet this goal, invoking the Vedas and said all sides should work together “with a common idea and goal”.
Budget 2024 will see many historic economic policies, will be a futuristic one: President Murmu at Parliament
In her address to Parliament, President Droupadi Murmu announced that the upcoming Union Budget will introduce historic economic policies and reforms at an accelerated pace. Highlighting India's contribution of 15% to the global economy, she emphasized that this budget will reflect the government's long-term policies and futuristic vision. Finance Minister Nirmala Sitharaman is set to present this Union Budget in July 2024.
President Murmu addresses joint session of Parliament: Key highlights
President Droupadi Murmu addressed the joint session of Parliament on Thursday, congratulating new MPs and emphasizing the mandate given to the Modi government for a third term. She also praised the high voter turnout in Jammu and Kashmir and lauded the Election Commission's efforts.
On his first China visit, Maldives' trade minister highlights close India ties
Emphasizing the significance of India to the Maldives economy, President Muizzu's recent visits to New Delhi and Beijing, along with Minister Saeed's discussions at the World Economic Forum, underscore the evolving diplomatic and economic landscape between the nations.
President Droupadi Murmu turns 66; Vice President Dhankhar, PM Modi greet her
In his birthday greetings to Murmu, Prime Minister Modi said the President's "wisdom and emphasis on serving the poor and marginalised are a strong guiding force".
G7 Summit: PM Modi, Macron agree to deepen defence cooperation with focus on 'Make in India'
Prime Minister Narendra Modi and French President Emmanuel Macron agreed to strengthen strategic defense cooperation, with a focus on boosting India's 'Make in India' initiative. This decision was made during a bilateral meeting on the sidelines of the G7 Summit in Apulia, Italy. India and France have a close partnership, particularly in security and defense, with India currently in talks to acquire Rafale jets from France. The leaders also discussed fostering innovation and research among youth. PM Modi expressed excitement for productive discussions with world leaders at the summit.
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South African President Cyril Ramaphosa re-elected for second term
During the first sitting of the 7th Parliament's National Assembly, South Africa's ruling party, the African National Congress (ANC), re-elected President Cyril Ramaphosa. The ANC announced his re-election on X. This follows the ANC's formation of a coalition government with the main opposition and other parties, after losing its majority in the recent election. Ramaphosa received 283 votes out of 339, defeating Economic Freedom Fighters leader Julius Malema, who received 44 votes.
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
The Dow Jones Industrial Average fell 57.94 points, or 0.15%, to 38,589.16. The S&P 500 lost 2.14 points, or 0.04%, at 5,431.6 and the Nasdaq Composite added 21.32 points, or 0.12%, at 17,688.88.
G7 Summit: PM Modi, President Biden likely to meet; US to raise Pannun's murder attempt plot
G7 Summit: During the upcoming G7 Summit in Italy, President Joe Biden and Prime Minister Narendra Modi are expected to meet. US National Security Advisor Jake Sullivan highlighted that Biden's upcoming trip to Italy could include an encounter with the Indian Prime Minister. He also emphasized his administration's commitment to discussing significant issues, including recent concerns such as the thwarted Sikh separatist murder plot, at high-level meetings with India.
India to act as voice of Global South at Italy's G7 Summit
India's PM Narendra Modi will address Global South issues during the 50th G7 Summit in Italy, which will take place from June 13 to 15. The summit will bring together leaders of seven member states, the European Council and Commission, and other international organizations. India's participation marks its 11th and PM Modi's 5th participation in the Outreach Session of G7 Summits.
Modi at G7 Summit under Italian Presidency: Consolidating strategic partnership
Several ministers from Italy visited India in 2023, for G20 related meetings and held bilateral meetings on the sidelines including the Italian Minister for Foreign Affairs & trade, Finance, Agriculture, Education and Culture Ministers. The Speaker and President of the Italian Senate and Chamber of Deputies participated in the P20 meeting last year. The Indian Foreign, Defence and Commerce & Industry Minister visited Italy last year.
President Droupadi Murmu appoints Narendra Modi as PM for third term on unanimous NDA support
President Droupadi Murmu appointed Narendra Modi as Prime Minister for a third consecutive term after the NDA submitted letters of support. The swearing-in is set for June 9. Modi vowed to continue working for India's development and praised the NDA's success and unity. Senior leaders like Rajnath Singh and coalition partners endorsed Modi's leadership. The NDA emphasized its principles and stability, contrasting with opposition conflicts, as Modi visited BJP veterans and former President Ram Nath Kovind to reinforce alliance unity.
President Murmu elects Narendra Modi as PM-designate; oath ceremony on June 9
Narendra Modi, at 73, assumed leadership of the NDA bloc and visited Rashtrapati Bhavan on Friday to meet President Droupadi Murmu, formally submitting his claim to form the government. Beforehand, he conferred with BJP veteran L.K. Advani. Accompanied by alliance leaders such as Chandrababu Naidu and Eknath Shinde, Modi proceeded to Rashtrapati Bhavan.
First session of 18th Lok Sabha likely to commence around June 15: Sources
The first session of the 18th Lok Sabha is set to begin around June 15 with the oath-taking of newly elected members, followed by the election of a new Speaker and the President's address to both Houses.
Om Birla becomes first Lok Sabha speaker in 20 years to be re-elected as MP
Om Birla won the Kota parliamentary seat with a margin of over 41,139 votes, becoming the first presiding officer in 20 years to be re-elected to the Lower House.
Bihar: 1.5 crore voters, 86 candidates in fray in 6th phase of Lok Sabha polls
Bihar's parliamentary elections will take place in the sixth and penultimate phase, with 86 candidates contesting eight seats across eight Lok Sabha constituencies. Chief Minister Nitish Kumar's JD(U) is contesting four seats, including Sheohar, which was won by the BJP five years ago. The Congress' choice of a Bhumihar candidate is understood to have been aimed at playing upon the powerful upper caste group's decades-old rivalry with Rajputs.
Ukraine's divisive mobilisation law comes into force as a new Russian push strains front-line troops
A new mobilisation law in Ukraine has sparked controversy as it aims to boost troop numbers amidst Russia's offensive. The law provides incentives for soldiers but has raised concerns about its impact on businesses and essential services. Ukrainian forces are under strain, prompting measures to replenish depleted ranks. Volunteers are joining the fight, but draft dodging and fleeing the country are also occurring. The conflict has led to casualties and displacement, with Ukraine seeking international support to defend against Russian advances.
Donald Trump's lawyers cite Michael Cohen's insults to undercut his credibility
At Donald Trump's trial, his lawyers tried to discredit his former fixer, Michael Cohen, highlighting Cohen's history of lying. Trump's lawyer played jurors audio clips of Cohen celebrating Trump's legal troubles. Cohen admitted to lying to Congress and seeking a pardon from Trump. Trump, facing multiple charges, denies wrongdoing. Cohen's testimony, including discussions with Trump about hush money, has been corroborated by evidence. Trump's team is unsure if he will testify. The trial, likely the only one before the election, is seen by some as a political move against Trump.
Indian businesses brainstorm on diverse sectors including digital tech & aerospace at Choose France Summit
The 7th Choose France Summit in Paris featured a dedicated France-India roundtable where TCS announced a Global AI Center of Excellence. The event highlighted the India-France strategic partnership and the upcoming Indo-French Year of Innovation to enhance bilateral ties.
Xi Jinping, Vladimir Putin hold talks in Beijing to discuss future strategic ties
Russian President Vladimir Putin visited China to hold talks with China President Xi Jinping. The two leaders discussed about the Ukraine war and the increasing pressure on Beijing from the US and EU for supporting Russia. This is Putin's first foreign visit after being elected for the fifth term. Russia's large delegation, including five deputy prime ministers and other senior officials, is expected to discus trade and economic cooperation.
Dow ends higher for 6th session, but Treasury yields pressure market
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive U.S. monetary policy.
Pajamas, 'honeybunch' and sex: Stormy Daniels testifies she had sex with Donald Trump
It was the courtroom face-off everyone was waiting for -- testimony of high legal importance, and salacious sexual content. Trump's lawyers called for a mistrial, saying much of Daniels' testimony had nothing to do with the fraud charges that the ex-president faces.
Driving transformation in the CV industry: highlights from the milestone 15th Apollo CV awards 2024
The 15th Apollo CV Awards 2024 celebrated India's commercial vehicle industry at the prestigious event. The awards showcased commitment to transformation and profitability, with industry experts discussing new business models and customer value strategies for the market.
Disney shakeup: Sean Bailey exits after 15 years as motion picture president
After 15 years, Sean Bailey is stepping down as president of Disney's motion picture group. David Greenbaum, formerly of Searchlight, is taking over as president of Live Action and 20th Century Studios. Bailey will transition to a producer role.
Will hit the streets of Karnataka if Centre does not address our concerns: Deputy CM Shivakumar
Karnataka Deputy Chief Minister D K Shivakumar emphasized that the recent protest by Congress legislators and MPs from Karnataka in Delhi was not just a show of strength but a representation of the people's voice. The protest aimed to highlight alleged injustices by the Centre in tax devolution and grants-in-aid, amounting to a loss of Rs 1,87,000 crore for the state.
How Donald Trump went from a diminished ex-president to the GOP's dominant front-runner
Former U.S. President Donald Trump is making a remarkable comeback in the race for the 2024 Republican nomination. Despite facing 91 felony charges, Trump has won the first two 2024 nominating contests and leads in polls. His ability to turn legal challenges into a winning strategy, his adept use of endorsements, and the loyalty of his supporters are key factors in his resurgence. The story highlights the challenges faced by rivals in countering Trump's appeal within the Republican Party. The outcome could have significant implications for American democracy.
Republic Day 2024 Parade: President to resurrect 250-year-old tradition with majestic horse-drawn buggy
At the 75th Republic Day Parade, President Droupadi Murmu plans to revive a tradition abandoned for over four decades. Breaking from the modern norm, the President will opt for a majestic horse-pulled buggy, with meticulous preparations at the Presidents' Bodyguard regiment. From scarlet uniforms to two bay-colored horses, the globally rare PBG, known for proficient cavalry horse riders, is set to showcase a unique bond with horses. Beyond ceremony, these horses excel in sports, contributing to the regiment's 250-year-old legacy.
Kovind panel to first seek views of parties on 'one poll'
A high-level committee in India held its first meeting to discuss the feasibility of conducting simultaneous elections for Lok Sabha and state assemblies. The committee decided to invite political parties, the Law Commission, and the Election Commission to seek their views on the matter. The committee also plans to study Article 356 of the Constitution and rename itself as the "One Nation One Election" panel.
Independence Day reminds us that we are part of a great community: President Murmu on eve of 77th I-Day
Apart from caste, creed, language, and region, we also have an identity associated with our family and work area. But we have one identity that is above all this, and that identity of ours is being a citizen of India, President Murmu said while addressing the nation on the eve of the 77th Independence Day on August 14.
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