The government announced the appointment of Dr V AnanthaNageswaran as the Chief Economic Advisor.
Prior to the appointment, Nageswaran worked as a writer, author, teacher and consultant and has taught at several business schools and institutes of management in India and in Singapore.
He was the Dean of the IFMR Graduate School of Business and a Visiting Professor of Economics at Krea University. He has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021.
The Supreme Court refused to lay down the “yardstick” for determining the inadequacy of representation for granting reservation in promotions for Scheduled Caste/Scheduled Tribe candidates in government jobs.
The court stuck firm by its Constitution Benches decisions in Jarnail Singh and M. Nagaraj cases that the question of adequate representation of an SC/ST communities ought to be left to the respective States to determine.
The court held that “cadre” should be the unit for the purpose of collection of quantifiable data in relation to promotional posts.
Telecom major Bharti Airtel announced that internet giant Google plans to invest up to $1 billion in a multi-year agreement to push India’s digital ecosystem.
The investment includes a $700 million equity investment in Airtel at a price of 734 rupees ($9.77) per share and up to $300 million towards implementing commercial agreements, including investments in scaling Airtel’s offerings.
As a part of its first commercial agreement, Airtel and Google will work together to build on Airtel’s extensive offerings that covers a range of Android-enabled devices to consumers via innovative affordability programs.