Union Minister for Road, Transport and Highways Nitin Gadkari announced a new national tolling policy for national highways, promising reasonable concessions for commuters. This policy aims to address concerns regarding toll rates and introduce an annual pass system to replace toll collection, enhancing operational efficiency and convenience for road users.
The Voice of America (VOA) faces a crisis after an executive order by former President Trump placed over 1,300 employees on leave and terminated funding for news services to authoritarian regimes, jeopardizing its ability to operate effectively and deliver reliable news to its global audience. This move has been met with criticism, with concerns that it undermines independent journalism and weakens the US' position globally.
The Trump administration's proposed travel ban could affect citizens from 43 countries, including four of India's neighbors, due to concerns over national security, irregular migration, and information-sharing deficiencies. This expansion marks a significant shift in US immigration policy with potential implications for regional stability, economic interactions, and diplomatic relations.
IndusInd International Holdings Ltd (IIHL) has successfully completed the acquisition of debt-ridden Reliance Capital (RCAP) for Rs 9,650 crore. IIHL plans to focus on creating value and will conduct a comprehensive review of the RCAP business to determine the necessary fund infusion moving forward.
External Affairs Minister S Jaishankar acknowledged the reality of tariffs and their widespread use by countries, emphasizing the need to navigate this complex reality and prioritize India's interests in the face of increasing weaponization of various capabilities and economic activities. He also noted the erosion of boundaries between different domains in international relations, leading to a less restrained culture compared to a decade ago.