AK Bhalla leaving DGFT, will be new Power Secretary
The Dollar Business Bureau Ajay Kumar Bhalla, the Director General of Foreign Trade will be leaving the charge of Directorate General of Foreign Trade (DGFT) on June 30. Bhalla, a 1984 batch IAS officer of the Assam-Meghalaya cadre who earlier served as the Additional Secretary in the Ministry of Commerce, will be joining as the new Power Secretary. He will take over the new charge from Power Secretary P K Pujari, who is retiring on June 30. “The new name for the post of DGFT has not yet been decided. It will be decided within a day or two,” sources in DGFT office told The Dollar Business. Bhalla, who had taken the charge in October 2016, is the fourth DGFT to leave the post ...
Right time for India to join APEC, say Australia's ex-PM Rudd and Mastercard's Banga
Source: PTI It is the "right time" for India to join the Asia-Pacific Economic Cooperation (APEC) bloc and become fully integrated into the global economy, a former Australian Prime Minister and a top US corporate leader have said, noting that India's growth potential is simply too important to ignore. "India is a rising power, eager for a greater role in Asian and global affairs," Kevin Rudd, former Australian Prime Minister who is the current president of the Asia Society Institute and MasterCard President and CEO Ajay Banga wrote in an op-ed published in The Wall Street Journal Asia, as they made a strong case for India's membership in APEC. "Indian membership in APEC has been in the very slow lane for ...