Modi Addresses Ayodhya Rally, Buffett on India Opportunities
Prime Minister Narendra Modi is set to address a public rally in Ayodhya, Uttar Pradesh, ahead of the third phase of the Lok Sabha Elections 2024. During his speech, Modi is expected to highlight the government’s achievements and vision for the future.
Berkshire Hathaway CEO Warren Buffett, known for his sage investing wisdom, spoke about the ‘unexplored opportunities’ in India. Buffett, who has long admired the country’s growth potential, said the next management will decide on investments in India.
External Affairs Minister Subrahmanyam Jaishankar took a swipe at the Justin Trudeau-led government in Canada for issuing visas to individuals with alleged links to organized crime. Jaishankar criticized Canada for prioritizing ‘political purposes’ over India’s warnings.
Belstar Microfinance, a Chennai-based microfinance company, has submitted a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise 1,300 crore through an initial public offering (IPO). The IPO comprises a 1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of 300 crore by existing investor shareholders.
The Food Safety and Standards Authority of India (FSSAI) has refuted recent media claims that it has permitted higher pesticide residue levels in herbs and spices. The food safety regulator labeled these reports as ‘false and malicious’ and clarified its position through a press note.
The Central Bureau of Investigation (CBI) has issued a Blue corner notice against absconding MP Prajwal Revanna, who is facing sexual harassment charges. The Interpol’s assistance is being sought to bring Revanna back to India, according to Karnataka Home Minister Parameshwara.
