Page 21 - Rishi Sunak

Time to act faster on climate change, syas British PM Sunak at COP27

British Prime Minister Rishi Sunak on Monday declared that it was time to act faster on climate change because it is the right thing to do as he committed 11.6 billion pounds as the country's commitment to the climate fund during his address at the COP27 summit in Egypt. In his first major address on the world stage since taking charge at 10 Downing Street, the Indian-origin leader pointed to green energy investment as a "fantastic source of new jobs and growth" as he pledged to build on the room for hope created during the UK's presidency of COP26 in Scotland last November. He also used his speech to pay tribute to COP26 President, Indian-origin former minister Alok Sharma, "for his inspiring work" to deliver on the Glasgow climate pact of last year. [Russian President] Putin's abhorrent war in Ukraine and rising energy prices across the world are not a reason to go slow on climate change they are a reason to go faster," said Sunak, in his relatively short address at the summit ..

Mystery of Indian-born foreign stars

Should we not be creating roles in India for the talented?

Rishi Sunak offers UK's allies cause for hope but Tory dangers linger

It's an approach that ought to suit Sunak, Britain's youngest prime minister in more than two centuries, who came to politics via a career in finance and an MBA from Standford in California

UK PM Rishi Sunak to pledge accelerated renewables plan at COP27 summit

Sunak made a last-minute decision on Nov. 2 to participate in the climate talks, reversing a plan much criticised by environmental activists and political opponents to skip the annual gathering

What to expect in UK Chancellor Jeremy Hunt's plan to fix fiscal hole

Prime Minister Rishi Sunak's finance minister is trying to identify £50 billion ($56 billion) of spending cuts and tax increases to get debt falling as a proportion of gross domestic product

UK govt has 'no plans' to relocate Israel embassy to Jerusalem, says report

The United Kingdom has "no plans" to relocate its Israel embassy to Jerusalem, Al Jazeera reported citing a spokeswoman for Prime Minister Rishi Sunak

British PM Rishi Sunak committed to FTA with India, says Downing Street

Intensive negotiations continue towards a free trade agreement (FTA) between India and the UK and new British Prime Minister Rishi Sunak is committed to achieving a balanced deal, Downing Street said on Wednesday. Sunak, who took charge at 10 Downing Street last week, had a "very warm" introductory call with Prime Minister Narendra Modi during which both sides expressed their commitment towards an FTA. The UK Prime Minister's office also reiterated that the focus remains on a balanced trade deal that benefits both sides and therefore no timeframe is being specified after a proposed Diwali timeline had to be abandoned last month amid political turmoil in the UK. "Both sides are very committed to it, intensive negotiations are continuing led by the Department for International Trade (DIT)," a spokesperson told reporters at a Downing Street briefing. "The Prime Minister had a very warm, introductory call with Prime Minister Modi last week. In terms of the speed of it [FTA], we have be

UK PM Sunak reverses decision on COP27, says will attend climate summit

British Prime Minister Rishi Sunak announced on Wednesday that he will attend the COP27 climate summit in Egypt next week, reversing his previous decision to skip the meeting in Sharm El Sheikh to focus on domestic issues and the economic crisis in the UK. Sunak took to Twitter to reveal his plans after criticism from climate activists and within the government from Indian-origin COP27 President Alok Sharma, who said it was important for the prime minister to be present to show the UK's commitment on the issue of climate action. The pressure mounted further as his ex-boss, former prime minister Boris Johnson, confirmed that he would be attending the summit scheduled between November 6 and 18. "There is no long-term prosperity without action on climate change, tweeted Sunak. "There is no energy security without investing in renewables. That is why I will attend COP27 next week: to deliver on Glasgow's legacy of building a secure and sustainable future," he said, with reference to th

Rishi Sunak more than 6,000 times richer than average Indian in UK

With a fortune worth £730 million, Sunak's wealth far exceeds that of Indians living in the UK

Meet PM Rishi Sunak, Britain's first premier of Indian-origin

Rishi Sunak is the first UK PM of Asian heritage. He is also the youngest premier of the country in nearly two centuries. Watch the video to know more about the UK's new prime minister >

'Inevitable' Britons will pay more tax for stability, say Sunak, Hunt

"They agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden," the Treasury said

UK PM Rishi Sunak criticised for planning to skip UN climate summit

Rishi Sunak's decision to skip the upcoming Climate Summit in Egypt and the government preventing King Charles III from attending it has been criticised by many across the world who have accused the new UK Prime Minister of washing his hands of Britain's commitment to tackle the climate crisis. COP27 will take place in Sharm el-Sheikh, in Egypt, from November 6 to November 18 -- finishing the day after Chancellor Jeremy Hunt is due to set out the UK's tax and spending plans. Downing Street in a statement last week has said that Prime Minister Sunak is no longer expected to attend the COP27 climate summit in Egypt due to other pressing commitments, including preparations for the autumn statement. The UK will still be represented by other senior ministers, as well as by COP26 President Alok Sharma, at the climate summit, it said, adding that "the government is absolutely committed to supporting COP27 and leading international action to tackle climate change and protect nature. Earlie

New UK PM Sunak faces dose of reality as economic, political woes mount

The new premier, Sunak's economic policy is set to face scrutiny as the Bank of England delivers what could be its biggest interest-rate hike in more than 30 years

BS Views of the week: Rishi Sunak, currency notes, Xi Jinping, and more

Business Standard's opinion pages this week focused on Rishi Sunak, Xi Jinping, Kejriwal's suggestion on currency notes, and much more

Rishi Sunak will be a fantastic prime minister: UK foreign secretary

UK Foreign Secretary James Cleverly, who is on a official visit to India, on Saturday said the is excited to work with the newly appointed British Prime Minister Rishi Sunak

UK households choose toast over healthier diet as inflation bites

Prices for fresh vegetables rose about 14 per cent in September versus the same month last year earlier

UK PM Rishi Sunak eyes $58 billion of tax hikes, expenditure cuts

Britain's new premier is trying to restore calm to the financial markets after his predecessor, Liz Truss, sparked turmoil during her 7-week tenure with a massive package of unfunded tax cuts

Hope UK e-visa issue will be resolved under PM Sunak: Goa tourism minister

Goa Minister Rohan Khaunte on Friday expressed hope the new government of Prime Minister Rishi Sunak in the United Kingdom will restore the e-visa facility, the absence of which has severely affected tourism and allied businesses in the coastal state. The tourism season in Goa peaks with Christmas and New Year, attracting patrons from across the world. "Tourism and allied businesses are badly affected in both India and UK due to non-restoration of e-visas by UK. Hoping for an early resolution under the new Indian origin PM Rishi Sunak," state tourism minister Khaunte tweeted. Officials said chartered flights for Goa from the UK are yet to start for this tourist season, adding that the first flight from Kazakhstan with tourists arrived in the state this week.

LIVE: Pact to set up Tata-Airbus proj in Guj inked under MVA rule, says min

From national and international political developments to rising air pollution and farm fires, catch all the latest news from across the globe here

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr

Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.