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What Goldman will gain by shunning the bro culture in its board

The company is caught up in one of the biggest frauds in history: the 1MDB scandal in Malaysia.
The Economic Times

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INTERNATIONAL RELATIONS

Inflation a monetary phenomenon: MD Patra

“Inflation expectations play a central role in setting and conducting monetary policy in modern times,’’ Patra wrote. “Over a finite time horizon, inflation expectations reflect the credibility of the monetary authority’s commitment to stated objectives. The effectiveness of monetary policy is likely to be greater if inflation expectations remain anchored.’’

PE Funds Advent, Kedaara in discussions to acquire Sequent

The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Rav...

Trade setup: Nifty likely to stay muted; protect profit at higher levels

Monday’s session is likely to see 12,295 and 12,340 levels act as re...

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  • Any unregistered drone operated beyond January 31 will invite penal action, said the order issued by the aviation ministry. It said the presence of unregistered drones had come to the notice of the government and operating them violates the norms prescribed by the Directorate General of Civil Aviation (DGCA).

    The Charge d'Affairs of Malaysian embassy was summoned to the Ministry and he was conveyed India's anguish over Mohamad's comments, sources said. It was also conveyed that such remarks are both ill-informed and insensitive, the sources said, adding Malaysia was asked to take a long-term and strategic view of the relations between the two countries.

    "We understand from Mylan NV's press release dated January 8, 2020, that Mylan Pharmaceuticals has initiated a voluntary recall of three lots of Nizatidine Capsules, USP (150 mg and 300 mg strengths) due to detected trace amounts of impurity...," Solara Active Pharma Sciences in a filing to BSE.

    Maskin says solving climate change is not so easy because every country, though delighted if other nations reduce their carbon emissions, is reluctant to make those reductions itself as it is economically painful.

    Against the background of the increasingly aggressive use of financial sanctions by the US administration, Russian policy is aimed at gradual de-dollarisation of the economy. Together with our main partners, including India, we are working on developing economic and legal mechanisms to reduce the negative impact of restrictions, asserted Russia’s foreign minister.

    The three countries, which signed the international agreement in 2015 along with the US, Russia and China, informed Borrell, who supervises the pact, in a letter that they are triggering its “dispute mechanism”, ratcheting up pressure on the Islamic Republic.

    The acts of a company’s internal management are normally not interfered by a judicial review, unless these acts were in conflict with the law, and were generally seen to be prejudicial to the interest of a large section of the company’s shareholders. Verdicts under company law have tilted in favour of the larger interest of the company, as opposed to individual interest.

    The panel may want the POSCO Act to consider as an offence the act of “advocating or counselling sexual activity” to a minor, and may want an international cyber crime reporting portal to facilitate the reporting of sexual crimes against children from all over the world. The panel is learnt to have submitted its report to RS chairman Venkaiah Naidu.

    Iran announced Tuesday its first arrests over the shooting down of a Ukrainian airliner last week, as it struggles to contain the fallout from the disaster that sparked three days of protests.

    Admitting the petitions from the Indian Broadcasting Foundation (IBF), and top broadcasters, the two judge bench of justice SC Dharmadhikari and Justice RI Chagla issued notice to Trai asking to respond within a week. The court will hear the matter or January 22nd.

    Just two days before President Donald Trump is set to sign a "phase one" trade agreement with China, the US Treasury said in its semi-annual report to Congress that the yuan has strengthened and Beijing is no longer considered a currency manipulator.

    The last date for providing comments on the draft model concession agreement has now been extended to February 10, 2020, it said. The earlier date was January 10, 2002. The Aayog is of the view that India has a dire shortage of qualified doctors and hence it is practically not possible for the central/state government to bridge the gap.

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