The Bharatiya Janata Party (BJP) on Monday announced that it would challenge the Karnataka government’s proposal to provide 4 per cent reservation for Muslims in government contracts in court, calling the move an “unconstitutional misadventure.” The controversy erupted after the Karnataka Cabinet on Friday approved an amendment to the Karnataka Transparency in Public Procurements (KTPP) […]
Speaking at an event marking his country’s independence from Japanese rule, Moon said such a “community” could eventually herald the launch of a “multilateral security system” in the region, according to the report. “This community will lead to an energy bloc and economic bloc in Northeast Asia by expanding our economic area to the northern […]
Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” […]