The monarch's ceremonial headgear will need to be significantly resized to fit the new King https://t.co/NJvQGWw7fi
The monarchy was passed on to King Charles III, the former Prince of Wales, on September 8 after Queen Elizabeth II, the longest-reigning monarch in British history, passed away.
In contemporary Britain, the monarch’s function is primarily ceremonial. British monarchy reWhat are the powers of Britain’s new monarchigns but does not govern, said University College London (UCL).
Each Parliamentary year begins with the State Opening Ceremony, where the new King addresses the House of Lords about the executive’s intended goals and policies.
The sovereign grants his or her Royal Assent to the bills passed by the House of Lords and the Commons, however this process is effectively now just a rubber stamping one since Queen Anne was the last monarch to refuse the Royal Assent to a bill in 1707.
The Prime Minister who has the backing of the majority of MPs is officially appointed by the new King. The Head of State summons the party’s leader to Buckingham Palace to form the government after the party wins the general election. On the Prime Minister’s recommendation, the monarch also formally dissolves a government before elections at the national level.
The newly elected British monarch will also preside over the Commonwealth of Nations, an organisation born out of the former British empire. There are 56 autonomous countries in it, and there are 2.4 billion people living there.
The Adani Group, now the country’s biggest conglomerate by market capitalisation, Friday completed the acquisition of Ambuja Cements and its listed subsidiary ACC and committed more funds through a record preferential allotment of stock, demonstrating the intent to cement the group’s leadership credentials in India’s building-materials industry by 2030.
Prime Minister Narendra Modi called upon Shanghai Cooperation Organisation (SCO) member states to give transit access to each other in a message aimed at boosting connectivity to ensure resilient supply chains in the region.
Indian equities tumbled close to 2% on Friday, tracking weakness in global markets, as stronger-than-expected economic readings in the US raised expectations of aggressive rate increases by the American central bank at next week’s policy meeting. Warnings from the International Monetary Front (IMF) and the World Bank on the economic outlook added to market woes.
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