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G20 summit: PM Modi calls for global fight against drug-terror nexus | India News

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G20 summit: PM Modi calls for global fight against drug-terror nexus

In his address at the G20 summit in Johannesburg on Saturday, PM Narendra Modi pitched for sustainable and inclusive growth and made four proposals, including a coordinated global effort to combat the drug-terror nexus, calling drug trafficking a threat to public health, stability and security and a source of terror financing.He pushed for reconsidering the parameters of growth, saying the existing framework has left a vast section of the population deprived of resources and led to overexploitation of nature.Modi, who was instrumental in getting the African Union as a permanent member of G20 at the New Delhi meet of the grouping two years ago, emphasised the continent has suffered the most because of skewed growth priorities. “Today, as Africa hosts G20 Summit for the first time, it is imperative for us to reconsider the parameters of development.”The PM mentioned “integral humanism”, an idea associated with BJP’s ideologue Deen Dayal Upadhyay, as a path forward. “We will have to look at the individual, society and nature as an integrated whole. Only then can we achieve true harmony between progress and nature,” he said.He proposed creation of a global traditional knowledge repository built on Indian knowledge systems’ initiative, saying this can preserve the collective wisdom of humanity for future generationsBatting for a global healthcare response team to bring together experts from G20 countries, he said it will ensure swift measures in case of health emergencies and natural disasters.The speech was marked by an unabashed advocacy of what Modi called India’s civilisational ethos. India’s civilisational values, he said, can offer ways to reevaluate development parameters.Focusing on Africa, PM said the continent can benefit from skills transfer. He said Africa’s development and empowerment of its young talent are in the interests of the entire world and proposed a ‘G20-Africa Skills Multiplier Initiative’. This can operate under a “train-the-trainers” model across various sectors, and all G20 partners can finance and support this effort, he added.“Our collective goal will be to prepare one million certified trainers in Africa over the next decade. These trainers will, in turn, help equip millions of young people with skills. This initiative will have a powerful multiplier effect. It will strengthen local capacity and significantly contribute to Africa’s long-term development.”

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PM Modi lauds South Africa’s presidencyTurning his attention to drug trafficking, PM Modi singled out the “rapid spread of highly lethal substances like fentanyl”. “This has emerged as a serious challenge to public health, social stability and global security. It also serves as a significant channel for financing terrorism,” he said.A G20 initiative to counter this global threat can bring together various instruments relating to finance, governance and security. Only then can the drug-terror economy be effectively weakened, he said. Modi lauded South Africa’s presidency for making commendable progress on key areas such as skilled migration, tourism, food security, AI, digital economy, innovation and women’s empowerment, noting that historic initiatives undertaken at the New Delhi G20 Summit have been carried forwardPM Modi on Saturday also proposed a G20 Critical Minerals Circularity Initiative, saying that for global growth, sustainability and clean energy are essential, and critical minerals have a huge role to play.“Under this, innovations such as re-cycling, urban mining and second-life batteries can be promoted,” said PM Modi. This comes amid concerns China is leveraging its chokehold over supply of rare and critical minerals to further its strategic goals.“If there is investment in circularity, then dependence on primary mining will be less. This will also reduce the pressure on the supply chain, and it will also be good for nature. This initiative can support joint research, technology standards and pilot recycling facilities in the Global South,” PM Modi said.Resilience cannot be built in silos, stressed the PM. “The G20 should promote comprehensive strategies that combine nutrition, public health, sustainable agriculture, and disaster preparedness, to create a robust global defence,” he said.PM Modi suggested a G20 open satellite data partnership saying India believes that the entire humanity should benefit from space technology. “This will make satellite data and analysis of space agencies of G20 countries more accessible, interoperable and usable for countries in the Global South,” he said.



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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts

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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts

The government has listed the Securities Markets Code Bill 2025 for introduction in the Winter session of Parliament starting December 1, according to a Lok Sabha bulletin. The unified legislation is aimed at boosting ease of doing business and reducing regulatory friction across India’s financial markets. The Bill proposes merging key securities laws, including the Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996, and the Securities Contracts (Regulation) Act, 1956, into a single code. The unified framework was first announced in the Union Budget 2021-22, when Finance Minister Nirmala Sitharaman proposed consolidating multiple laws governing securities markets — including the Government Securities Act, 2007 — into a rationalised code. Experts said the move could reduce compliance costs and minimise overlaps between rules enacted by Sebi, depositories and the central government. Bringing the Government Securities Act within a unified code could also strengthen credibility of sovereign borrowing and help channel more foreign capital, they noted.



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Aviation ties: Air India restores codeshare with Air Canada; flyers get wider access across Canada

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Aviation ties: Air India restores codeshare with Air Canada; flyers get wider access across Canada

Air India on Saturday announced it has reinstated its codeshare partnership with Air Canada, resuming a tie-up that was suspended more than five years ago during the coronavirus pandemic.Under the renewed arrangement, Air India will offer passengers access to six destinations in Canada beyond its gateways at Vancouver and London Heathrow, PTI reported. The airline will place its ‘AI’ designator code on Air Canada-operated flights connecting Vancouver to Calgary, Edmonton, Winnipeg, Montréal and Halifax, and from London Heathrow to Vancouver and Calgary.A codeshare agreement allows passengers to travel on multiple flights across airlines using a single ticket.Air Canada customers, in turn, will get seamless connectivity on domestic routes in India, including Amritsar, Ahmedabad, Mumbai, Hyderabad and Kochi via Delhi, and to Delhi and Mumbai via London Heathrow, according to the release.This is currently Air India’s only codeshare partnership with a North American airline.The carrier had suspended all codeshare agreements during the pandemic, when it was a government-owned entity. The airline now has 23 codeshare partners and 96 interline tie-ups, the company said.



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Greater Noida horror: Boy run over by cab inside posh housing society; CCTV captures moment | Noida News

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Greater Noida horror: Boy run over by cab inside posh housing society; CCTV captures moment

NOIDA: A schoolboy was injured on Wednesday after a cab drove over him inside the Ajnara Homes residential society in Greater Noida West.

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CCTV footage captured the child running towards the society’s school gate alongside his sister. Moments later, he loses his footing and falls to the ground. A cab approaching from behind fails to stop in time and its front wheel passes over him.The child was taken to hospital. Police said an investigation into the incident is underway.



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Energy corridor boost: Tata Power to acquire 40% stake in Bhutan hydro SPV; project to supply 80% output to India

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Energy corridor boost: Tata Power to acquire 40% stake in Bhutan hydro SPV; project to supply 80% output to India

Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused in phases, PTI reported.Set up at a total project cost of Rs 13,100 crore, Dorjilung will be Bhutan’s second-largest hydropower project and the biggest public-private partnership (PPP) hydropower venture undertaken in the country. Developed on the Kurichhu River in Mongar, the run-of-the-river project comprises six generating units of 187.5 MW each and includes six-hour pondage for peaking supply.According to Tata Power, 80 per cent of the power generated will be supplied to India, contributing to cross-border clean energy flows backed by World Bank support. The project is scheduled for commissioning in September 2031 and will become an associate company of Tata Power upon completion.The commercial agreements were signed in Thimphu by Tata Power CEO and Managing Director Praveer Sinha and Druk Green Managing Director Dasho Chhewang Rinzin in the presence of Bhutan PM Lyonchhen Tshering Tobgay, PTI reported.Sinha said the project is designed to support Bhutan’s domestic energy demand while enabling surplus clean power exports to India. “This partnership further strengthens our hydropower portfolio and positions the Indo-Bhutan energy corridor as a leading model for mutually beneficial, cross-border green energy cooperation,” he said.



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Tejas crash in Dubai: Pilot identified; CM Sukhu condoles death of Wing Commander Namnash Syal | India News

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Tejas crash in Dubai: Pilot identified; CM Sukhu condoles death of Wing Commander Namnash Syal

NEW DELHI: Wing Commander Namnash Syal was identified as the pilot of the ill-fated Tejas fighter jet that crashed during the Dubai Airshow on Friday, news agency ANI reported.Himachal Pradesh chief minister Sukhvinder Singh Sukhu paid tribute to the officer, who hailed from Kangra district. In a message on X, he wrote: “The news of the demise of Himachal Pradesh’s Kangra district’s brave son Naman Syal ji in the Tejas aircraft accident at the Dubai Air Show is extremely heartbreaking and soul-shattering. The nation has lost a courageous, dutiful, and valiant pilot.”The single-engine aircraft went down around 2:10pm local time after abruptly losing altitude mid-manoeuvre, before crashing in a fireball near the Al Maktoum International Airport. Spectators watched in shock as black smoke rose over the airfield.The IAF said a court of inquiry has been ordered to determine the cause of the accident, adding that it “deeply regrets the loss of life and stands firmly with the bereaved family.” Defence Minister Rajnath Singh and senior military leaders also expressed condolences.



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Gold price prediction: What’s the outlook for November 21, 2025? Why gold faces resistance at Rs 1,22,850

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Gold price prediction: What's the outlook for November 21, 2025? Why gold faces resistance at Rs 1,22,850
A sustained move below ₹1,22,200 may trigger extended selling pressure in the upcoming session. (AI image)

Gold price prediction today: Gold prices are showing an intraday weakening bias, and traders should look to sell on rise, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX traded around ₹1,22,624, extending their consolidation as the market struggled to sustain momentum above short-term resistance levels. The recent price action suggests a shift in sentiment toward cautious selling on rallies, particularly as technical indicators begin to show fatigue near the higher band of the recent range.

Gold Technical Setup:

Moving Averages (EMA 8 & EMA 21): The short-term EMA 8 has slipped below the EMA 21, forming a bearish crossover. This indicates weakening momentum, with resistance now placed in the ₹1,22,700–₹1,22,850 zone. Sustaining below this range could invite further downside pressure.Bollinger Bands: Gold prices have retreated from the upper Bollinger band and are now testing the mid-band. This structure signals a cooling phase in the up move, suggesting that rallies are likely to face selling interest near the resistance area. Pivot Points (Previous Day):

  • Resistance levels: ₹1,22,700 – ₹1,22,850 – ₹1,23,200
  • Support levels: ₹1,22,100 – ₹1,21,900 – ₹1,21,200 A failure to close above the pivot resistance near ₹1,22,850 reinforces the near-term bearish bias.
  • RSI Indicator: The RSI is currently around 45, indicating a neutral-to-weak tone and showing no immediate signs of a rebound. It reflects limited buying strength and supports a sell-on-rise outlook.
  • MACD: The MACD has turned negative, with the signal line positioned above the MACD line. This bearish setup suggests momentum remains on the downside.

Gold Intraday View:

  • Strategy: Sell on rise
  • Entry Zone: ₹1,22,700 – ₹1,22,850
  • Stop-Loss: ₹1,23,200
  • Downside Targets: ₹1,22,100 and ₹1,21,900
  • Bias: Bearish below ₹1,22,850; weakness likely to intensify if price sustains below ₹1,22,200.

Conclusion: Gold’s intraday technical setup points to a weakening bias as short-term averages turn negative and momentum oscillators lean lower. Traders are advised to adopt a sell-on-rise strategy near ₹1,22,700–₹1,22,850, keeping a stop-loss at ₹1,23,200 and aiming for downside targets of ₹1,22,100 and ₹1,21,900. A sustained move below ₹1,22,200 may trigger extended selling pressure in the upcoming session. (Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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‘Papa, I am not feeling well’: Thrashed in train for ‘not speaking in Marathi’, 19-year-old BSc student kills self near Mumbai | Mumbai News

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'Papa, I am not feeling well': Thrashed in train for ‘not speaking in Marathi’, 19-year-old BSc student kills self near Mumbai

MUMBAI: A 19-year-old first-year BSc student from Kalyan died by suicide Tuesday after he was harassed and assaulted in a local train by fellow commuters for speaking in Hindi and not Marathi, alleged his father.Arnav Khaire, a student of Kelkar College in Mulund, was travelling in a second-class compartment as his first-class season pass had expired. His father, Jitendra Khaire, has submitted a written complaint to Kolsewadi police in Kalyan (E), demanding action against those who allegedly harassed his son and “pushed him” to take the extreme stepBased on his complaint, police have started investigations. The incident took place Tuesday, when Arnav, as was his routine, was travelling by an Ambernath-Kalyan local to attend classes.

Marathi row left Arnav in deep distress: Father

In Jitendra Khaire’s complaint — based on his phone conversation with his son Arnav — he said, “On Tuesday, since Arnav’s first-class pass for the suburban train had expired, he purchased a general-class ticket and boarded a crowded general compartment at Kalyan railway station to go to college.”Due to the crowd, he accidentally brushed against a man and said in Hindi, ‘Please move ahead a little.’ The complainant alleged that some men nearby took objection to Arnav speaking in Hindi. “They asked why he wasn’t speaking Marathi, and whether he was ashamed of his own language.” Arnav told his father, ‘I told them I am Marathi, but they still argued and beat me.”Arnav also told his father the attackers tore his mask & that he was extremely scared and shaken by the incident. After the assault, he got off at Thane station, took another train, and reached Mulund.His father said the boy was in deep psychological distress after the incident. At college, after completing a practical exam, Arnav called his father saying, “Papa, I am not feeling well…” In the afternoon, after reaching home, he called his father again and informed him about the entire incident.Khaire told him he would file a police complaint. However, on Tuesday evening, when he reached home, the door was locked. With the help of his neighbours, he forced the door open and found his son had died by suicide. An ambulance was called immediately, but doctors at Rukminibai Hospital declared Arnav dead at 9.05pm.Khaire told TOI “The fear and mental stress caused by this incident pushed him towards suicide. I want a full investigation and justice for my son.”Kalyanji Ghete, assistant commissioner of police, Kalyan Division said, “We have formed a team who is probing the case”.



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RIL shuts off Russian oil at export-only refinery unit

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RIL shuts off Russian oil at export-only refinery unit

NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all refined products exported from the unit in the Jamnagar SEZ (Special Economic Zone) will be derived from non-Russian oil, the operator of the world’s largest refining complex in a single location said, indicating its compliance with the latest round of curbs on Russian oil or products made from those barrels.“This transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force on Jan 21, 2026. The crude oil import in SEZ is a fully segregated facility catering to the production line in SEZ,” RIL said.The company will will accept Russian oil shipments contracted as of Oct 22 at its unit in domestic tariff area, “considering all transport arrangements were in place.” The final such cargo was loaded on Nov 12 and “cargoes arriving on or after Nov 21 will be received and processed at our refinery in the DTA,” RIL said. tnn



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Robert Vadra beneficiary of London asset: ED chargesheet | India News

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Robert Vadra beneficiary of London asset: ED chargesheet

NEW DELHI: ED filed a supplementary prosecution complaint (chargesheet) against Robert Vadra, husband of Congress MP Priyanka Gandhi, before a special court here on Nov 15 in its money laundering case against fugitive defence dealer Sanjay Bhandari, alleging Vadra was found assisting the fugitive arms dealer and was beneficiary of a benami property in London at 12 Bryanston Square.“The evidence gathered by ED indicates that the property acquired by Bhandari, who was said to be instrumental in organising arms deal like the purchase of Pilatus trainer aircraft during UPA, was beneficially used by Vadra for his personal use,” a source aware of the probe findings said.The latest supplementary chargesheet specifically mentions “possession of proceeds of crime” by him, tying him closely to Bhandari. The court has fixed Dec 6 as the next date of hearing to decide whether to take cognisance of the latest chargesheet.Based on the evidence it gathered during its probe, the agency had earlier confronted Vadra during his questioning on his association with the London property allegedly purchased by the arms dealer and about his connection with him. Sources however said Vadra had denied any association with Bhandari. tnn



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