163

India’s High-Stakes Balancing Act at the G20 Summit Through the Lens of EAM Jaishankar

The recent G20 summit in Delhi marked a milestone for India as it set the stage for significant global initiatives, orchestrated an intricate diplomatic ballet, and spotlighted the nation's growing international influence. The event was underscored by themes of sustainability, green development, and inclusivity, mirroring India's evolving global image.

India's diplomatic prowess was on full display at the summit. The nation's diplomats navigated the choppy waters of global politics, notably the tension surrounding Russia's war in Ukraine. Barely avoiding a diplomatic impasse, India managed to craft a joint declaration that addressed the conflict without explicitly condemning Russia, striking a delicate balance that won the approval of key allies such as Germany and the US.

123

Reserve Bank of India approves appointment of Ashok Vaswani as new MD & CEO of Kotak Mahindra Bank

The Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani, an outsider, as the lender’s next managing director and chief executive officer.

Kotak Mahindra Bank, which currently has a market cap of nearly Rs 3.52 lakh crore, said in a regulatory filing that his appointment will be for a period of three years from the date of taking charge, which shall not be later than January 1, 2024.

103

Reserve Bank Governor Shaktikanta Das Announces the Return of ₹2,000 Denomination Notes

Reserve Bank of India Governor Shaktikanta Das made an announcement that is bound to capture the nation's attention. In a statement, he revealed that ₹2,000 denomination notes, which were previously on the brink of extinction, are making a comeback. According to Das, only ₹10,000 crore worth of these notes remain in circulation. Furthermore, he expressed confidence that this remaining sum would also be returned or deposited back into the system.

83

Gaurav Taneja: IITian, pilot-turned-YouTuber says he earns more than AirAsia CEO who fired him

Switching from the aviation industry to full-time content creation has proved beneficial for YouTuber Gaurav Taneja, better known by his internet moniker ‘Flying Beast’. In a recent interview with Raj Shamani, Taneja claimed that he earns more than the CEO of AirAsia – the company that fired him.

Gaurav Taneja was fired by AirAsia in June 2020 after he raised concerns about safety norms violations by the low cost airline. He claimed that AirAsia had asked pilots to do 98% of landings in ‘Flap 3’ mode which saved fuel but compromised passenger safety.

53

Big setback for Anant Ambani: Mukesh Ambani’s son ‘too inexperienced’ for Reliance board, advisors said…

Billionaire Mukesh Ambani recently announced that all three of his children – twins Isha and Akash, and son Anant – have been appointed to the board of directors to his conglomerate firm Reliance Industries Limited (RIL), but not all board members are happy with this decision.

Two proxy advisors of Reliance have said that the shareholders of the company should reject the appointment of Mukesh Ambani’s youngest son Anant Ambani to the board of directors, creating a major setback for the business tycoon’s son.