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The Senate Commerce Committee has summoned Twitter CEO Jack Dorsey, Facebook's Mark Zuckerberg and Google's Sundar Pichai to testify for a hearing Wednesday. The executives have agreed to appear remotely after being threatened with subpoenas.
Indian needs foreign exchange reserves buffer to tackle exchange rate volatility: Raghuram Rajan"We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends. Even the European Union (EU) went to get swap lines from the Federal Reserve. We asked for swap lines, that is on public record… Read MoreZomato IPO opens on July 14; worth a subscribe?
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… Read MoreUnion Cabinet to meet physically after more than a yearSources said the last Cabinet meeting held physically was in the first week of April last year, when the coronavirus pandemic struck the country.
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… Read MoreNeed food, farm, fertilizer subsidy reforms to improve fiscal position: Finance Secretary T V SomanathanSomnathan, who is Expenditure Secretary, further said that farm, food and fertilizer reforms are administratively easy but politically difficult in view of the ramifications. On the other hand, he added, reforms in education … Read MoreSher Bahadur Deuba's appointment as Nepal Prime Minister could reinvigorate ties with IndiaThis is the fifth time that 74-year-old Deuba is returning to power as the Prime Minister of Nepal. His appointment is in line with the ruling issued by the Supreme Court on Monday to make way for his claim to premiership, re… Read More
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