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The Hindu
16-07-2025
- Politics
- The Hindu
BJP government in Uttarakhand promoting VIP culture: Congress
The Congress on Wednesday (July 16, 2025) slammed the BJP government in Uttarakhand for promoting VIP culture in the State after Chairman of Badri-Kedar temple Committee (BKTC) took a chopper to Kedarnath despite suspension of services due to bad weather. As per reports, BKTC Chairman Hemant Dwivedi, along with three other persons, took a chopper to Kedarnath on July 14. Heritage aviation had organised the chopper ride. After the matter was reported to officials, the Uttarakhand Civil Aviation Development Authority (UCADA) ordered an investigation. Sources in the department confirmed that the aviation firm was informed about the guidelines of the Director General Civil Aviation (DGCA), which has totally shut the shuttle services in the Kedar valley due to the weather conditions, while the chopper services of Char Dham are allowed but that too with the riders of weather being suitable for the flight. UCADA CEO Ashish Chauhan told The Hindu that a notice had been issued to the aviation firm. 'After around half a dozen chopper accidents took place in the State during the ongoing char dham yatra, the DGCA had issued instructions to Uttarakhand's authorised agency, UCADA, to impose a complete ban on air services during the rainy season. But BKTC president Hemant Dwivedi has not only flouted the rules by travelling to Kedarnath by helicopter, but once again openly supported the VIP culture,' said Congress spokesperson Garima Dasauni. She said when there was a complete ban on flights for the safety of common devotees, then how and why was this special exemption given to the BKTC president. 'This directly reflects the situation of 'one country, two rules' and is an example of disrespect for government rules,' she added.
Time of India
26-06-2025
- Business
- Time of India
Roundtable flags challenges in trade policy, calls for sectoral consensus
MUMBAI: The Centre for Policy Research and Governance (CPRG) flagged key challenges in India's trade policy at a roundtable held in Mumbai on Tuesday, calling for stronger coordination across industry, finance, and policy institutions to address rising trade barriers. Tired of too many ads? go ad free now The session, part of CPRG's ongoing Trade Roundtable Series, focused on the impact of tariff and non-tariff hurdles on steel and aluminum industries and the role of trade finance in ensuring resilience. Hosted at the National Stock Exchange (NSE), the roundtable brought together representatives from financial institutions, manufacturing firms, policymakers, and regulatory bodies. Discussions highlighted how India must adopt a proactive and strategic approach to protect its economic interests amid shifting global trade dynamics. Ashish Chauhan, managing director and CEO of NSE, underlined the potential of India's services sector. 'Our strategy need not be reactionary. While we may work on improving goods exports with finance, technology upgradation, incentives, policies and trade deals, our services and experience-driven sectors have boundless potential,' he said. Senior RSS functionary, Sunil Ambekar, noted the importance of recalibrating India's trade position. 'India has always welcomed international trade, but it's now vital to assert our interests with clarity and strength,' he said. 'This is the right time to strategically renegotiate our trade positions in line with national priorities.' Participants also discussed trade-related priorities such as enhancing the competitiveness of GIFT City, integrating the Unified Payments Interface (UPI) into international trade finance, and aligning trade benefits across multinational corporations and MSMEs. Tired of too many ads? go ad free now CPRG director Ramanand said the roundtable was aimed at fostering cross-sector alignment. 'Continuous dialogue between economists, industry, and institutions is essential to navigate the complexities of the global trade landscape. Our approach should be to build consensus among all stakeholders while also holding India's economic interests on priority,' he said. The CPRG Trade Roundtable Series will continue with sector-focused discussions. The next session is scheduled for June 30 in Delhi and will involve stakeholders from manufacturing and startup sectors.
India Gazette
24-06-2025
- Business
- India Gazette
India's opportunity to leverage its services, experience-driven sectors as engines of growth: NSE CEO Ashish Chauhan
Mumbai (Maharashtra) [India], June 25 (ANI): The Centre of Policy Research and Governance (CPRG) brought together senior representatives from leading financial institutions, steel and aluminium manufacturers, policymakers and regulatory bodies for the latest session in its Trade Roundtable Series, held at the National Stock Exchange (NSE) in Mumbai on Tuesday. Participants examined the impact of escalating tariff and non-tariff barriers on its strategically vital steel and aluminium industries while exploring the evolving role of trade finance in safeguarding industrial resilience. During the roundtable discussion, Ashish Chauhan, MD & CEO of the National Stock Exchange, highlighted India's opportunity to leverage its services and experience-driven sectors as engines of growth. 'Our strategy need not be reactionary. While we may work on improving goods exports with finance, technology upgradation, incentives, policies and trade deals, our services and experience-driven sectors have boundless potential and are key to shaping our global economic presence,' he noted. Experts then turned to specific challenges while negotiating favourable terms in free-trade agreements. Key themes included enhancing GIFT City's global competitiveness, integrating UPI into trade finance, and ensuring a balanced approach to multinational and MSME interests. Dr. Ramanand, Director of CPRG, highlighted that the roundtable represents a crucial step in forging cross-sector synergy. 'Continuous dialogue between economists, industry and institutions is essential to navigate the complexities of the global trade landscape. Our approach should be to build consensus among all the stakeholders while also holding India's economic interests as a priority,' he emphasised. CPRG's Trade Roundtable Series will continue with sector-specific dialogues in the coming weeks, informing India's long-term trade strategy amid an increasingly shifting geopolitical climate. The next round of discussion will be held in Delhi on June 30, with stakeholders in the manufacturing and startup sectors. (ANI)
Time of India
20-06-2025
- Business
- Time of India
Stricter regulations lead to drop in derivatives participation: NSE chief
Ahmedabad: With stricter regulations in place, there has been a significant drop in participation in the derivatives segment, said Ashish Chauhan, MD & CEO of the National Stock Exchange (NSE), on Friday. Chauhan was in the city to launch a book based on his life. He also participated in a discussion on Indian financial markets with international tax expert Mukesh Patel. Speaking to the media, Chauhan said, "SEBI increased lot sizes and margin requirements for trading in derivatives to ensure that small investors do not lose money. In June last year, around 55 lakh investors traded in derivatives at least once. That number has now come down to about 30 lakh." He also stated that NSE International Exchange at GIFT City has signed an agreement with the Cyprus Stock Exchange for dual listing and joint product development.
Time of India
05-05-2025
- Business
- Time of India
Indian Americans among top earners in US
1 2 Representing 21% of the total Asian American population in the US, Indian Americans have established themselves as one of the nation's most financially successful immigrant communities, according to a Pew Research Center study released on May 1, reports Ashish Chauhan. An estimated 5.2 million people in the US identified as Indian Americans in 2023, making them the second-largest Asian origin group in the nation. The population of those who identify as Indian alone (not in combination with any other race or ethnicity) grew from 1.8 million in 2000 to 4.9 million in 2023 — a 174% increase. The report reveals that Indian-headed households had a median annual income of $151,200 in 2023, while immigrant-headed households earned more ($1,56,000) than US-born counterparts ($120,200). This places Indian Americans among highest-earning demographic groups in the country. Personal earnings for Indian Americans aged 16 and older stood at $85,300, much higher than Asian average of $52,400. Their financial success is linked to their educational achievements, the study indicates. About 77% Indian Americans aged 25 and older hold a bachelor's or advanced degree, significantly higher than the 56% rate for Asian Americans overall. This educational advantage has translated into widespread professional success, with many entering high-paying fields. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad
