"They agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden," the Treasury said
Revenues from operations at Rs 59,877.52 crore was marginally down from Rs 60,387.13 crore in the year-ago period
The new premier, Sunak's economic policy is set to face scrutiny as the Bank of England delivers what could be its biggest interest-rate hike in more than 30 years
The international community must work together to "starve" terrorists of finance and emerging technologies to stop destruction around the world, British Foreign Secretary James Cleverly said on Saturday. In an address at the meeting of the UN Security Council's Counter-Terrorism Committee, Cleverly called on countries to fight "online" terrorism including global terror recruitment campaigns. "Within the space of two decades, terrorists have gone from circulating crackly voice recordings from the depths of Tora Bora, to global online recruitment and incitement campaigns, to live-streaming attacks," he said. "Online incitement has radicalised vulnerable people in far-off countries who have gone on to use rental vans as weapons of terror," Cleverly said. "So we must continue to work together to fight terrorist ideologies online," the British foreign secretary added. Cleverly said the international community must "starve terrorists of the finance and emerging technologies that will ca
UK Foreign Secretary James Cleverly, who is on a official visit to India, on Saturday said the is excited to work with the newly appointed British Prime Minister Rishi Sunak
Prices for fresh vegetables rose about 14 per cent in September versus the same month last year earlier
There must be a warning in the fact that some of the most problem-ridden middle-income economies have big govts, big deficits, high levels of debt and large-scale corruption, writes T N Ninan
The Liberal Democrats have called for a Cabinet Office probe into Indian-origin Suella Braverman's re-appointment as the UK Home Secretary by Rishi Sunak, days after being forced to resign for breaching the ministerial code, a media report said on Wednesday. Braverman, 42, whose scathing resignation letter precipitated Liz Truss' exit from Downing Street last week, is a fellow Bexiteer like Sunak. "Suella Braverman's appointment makes a mockery of Rishi Sunak's claims to be bringing integrity to Number 10," Liberal Democrats home affairs spokesperson Alistair Carmichael was quoted as saying by the BBC. "There must be a full independent inquiry by the Cabinet Office into her appointment, including any promises Sunak made to her behind closed doors," Carmichael said. Carmichael said that Braverman should be sacked if it is confirmed she "repeatedly broke the ministerial code and threatened national security", adding: "A Home Secretary who broke the rules is not fit for a Home Office
US President Joe Biden on Tuesday made a congratulatory phone call to new British Prime Minister Rishi Sunak, the White House said. The leaders agreed on the importance of working together to support Ukraine and hold Russia accountable for its aggression, address the challenges posed by China, and secure sustainable and affordable energy resources, the White House said in a readout of the call. The two leaders also reaffirmed the special relationship between the US and the United Kingdom, underscoring their desire to further enhance cooperation on issues critical to global security and prosperity, it said. They discussed their shared commitment to protecting the gains of the Belfast/Good Friday Agreement and the need to maintain momentum toward reaching a negotiated agreement with the European Union on the Northern Ireland Protocol, it added. Soon after the phone call, Sunak said the US and the UK were the closest of allies. I look forward to working together with the US President
UK High Commissioner to India Alex Ellis termed the appointment of the first Hindu Prime Minister to the UK, Rishi Sunak, a "historic moment.""The election of the first Hindu PM of Britain is a historic moment," says Alex Ellis, British High Commissioner to India, in Hindi.Envoy Ellis on Tuesday said that Rishi Sunak becoming UK Prime Minister is a sign of a "different United Kingdom that there is today" compared to the country in which he grew up. He said bilateral relations have been deepening and growing very fast since the UK left European Union."It's a big day for the United Kingdom. We have a new Prime Minister. That Prime Minister is young. His grandparents came from India, his parents from East Africa and he's a Hindu. This is a sign of the different United Kingdom that there is today compared to the country in which I grew up. So, it is quite a different country and it's a big day to mark that," Alex Ellis said in an exclusive interview with ANI."UK-India relations have been .
British Prime Minister Rishi Sunak on Tuesday began putting his top team in place with key Cabinet appointments and decided to keep the new Chancellor, Jeremy Hunt, in place for economic stability and brought back Indian-origin Suella Braverman as Home Secretary. In another move aimed at continuity, James Cleverly will stay in his post as Foreign Secretary despite not being a Sunak loyalist. Braverman, who's scathing resignation letter precipitated Liz Truss' exit from Downing Street last week, is a fellow Bexiteer like Sunak. It remains to be seen how her tough stance on immigration will square off in the new Cabinet after her remarks about Indian visa overstayers caused much damage to the ongoing India-UK free trade agreement (FTA) talks. Hunt, who was parachuted in earlier this month by former prime minister Liz Truss and went on to reverse her tax-cutting mini-budget, has been an ally of Sunak and it was widely expected that he would keep his job. It was also expected to be one
From Sunak's appointment as UK PM, Cyclone Sitrang to coronavirus cases and air pollution, catch all the latest developments from across the globe here
Rishi Sunak will take charge as Britain's first Indian-origin Prime Minister after an audience with King Charles III on Tuesday, a day after he was elected the new leader of the Conservative Party in a historic leadership run. Outgoing Prime Minister Liz Truss will chair her final Cabinet meeting at 10 Downing Street on Tuesday morning before she makes her way to Buckingham Palace to formally tender her resignation to the 73-year-old monarch. Sunak, 42, will then arrive at the palace for his meeting with the King, who will formally anoint him as the UK's new Prime Minister. The former chancellor will then make his first prime ministerial address on the steps of 10 Downing Street, expected to be joined by wife Akshata Murty and daughters Krishna and Anoushka. "The UK is a great country, but there is no doubt we face a profound economic challenge," said Sunak in his first address as Prime Minister-elect on Monday. "We now need stability and unity and I will make it my utmost priorit
Britain's outgoing Prime Minister Liz Truss said on Tuesday that her government had acted "urgently and decisively" to help hard-working families and provided assistance to thousands of businesses to avoid bankruptcy. Truss was speaking after chairing her final Cabinet meeting at 10 Downing Street before heading towards Buckingham Palace to formally tender her resignation to King Charles. In her farewell speech, Truss said it was "a huge honour" to be prime minister and to lead the nation in mourning the death of Queen Elizabeth II and welcoming the accession of King Charles III. Truss, who stepped down last Thursday after 45 days in office becoming Britain's shortest serving Prime Minister, said that her government had acted "urgently and decisively" to help hard-working families. She said she had helped thousands of businesses to avoid bankruptcy, and taken back energy independence so we're "no longer reliant on malign foreign powers". She will hand over power to Rishi Sunak, wh
With Indian-origin Rishi Sunak set to take charge as the British PM calls for election are getting louder with almost two-thirds of voters wanting it before the end of the year, a poll has found
Sunak, son-in-law of Infosys co-founder N R Narayana Murthy, will be the first person of Indian origin to be sworn in as the UK's PM
Just seven weeks after Truss traveled to meet Queen Elizabeth II to become premier, Sunak will meet King Charles III on Tuesday to formally replace her
The incoming premier will formally take over from Liz Truss following a meeting with King Charles III, before addressing the nation and appointing members of his cabinet
Indian-origin former chancellor Rishi Sunak on Sunday formally declared his candidacy to contest the Conservative Party leadership election to replace Liz Truss as British Prime Minister and fix the economy. The 42-year-old is the clear frontrunner as he raced ahead with the backing of at least 128 Tory members of Parliament, even as loyalists of his former boss Boris Johnson claimed he has the necessary 100 MPs needed to make it to the shortlist. While the former Tory leader and prime minister is yet to officially declare his candidacy, the contest is shaping up as a three-way fight between Sunak, Johnson and third-placed Leader of the Commons Penny Mordaunt. The United Kingdom is a great country but we face a profound economic crisis, Sunak tweeted in his campaign pitch. That's why I am standing to be Leader of the Conservative Party and your next Prime Minister. I want to fix our economy, unite our party and deliver for our country, he said. In an accompanying vision statemen
Liz Truss almost turned the UK into a distrusted emerging economy