Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual property.
Reserve Bank Deputy Governor Michael Patra on Wednesday said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets. Emphasising that the Central Bank Digital Currency (CBDC) will be introduced in FY23 as announced by Finance Minister Nirmala Sitharaman in the Budget speech, Patra said India will proceed very gradually on the subject as there are concerns on privacy, its impact on monetary policy formulation and energy intensity. The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it.
'Just because a subject is uncomfortable for some and doesn't suit their political ideology, should a film not be made?'
'Aggressive intent' was the key behind India's overwhelming success against New Zealand in the Test series and the hosts aim to continue playing the same brand of cricket in the upcoming five-match ODI series, middle-order batsman Ajinkya Rahane said, in Dharamsala, on Friday.
A must-read excerpt from former RBI governor and former Rajya Sabha member Bimal Jalan's India: Priorities For The Future.
'What will this supposedly more business-friendly government do if it gets a second term?' 'Important labour law and land reforms remain off the table.' 'Witness the arm-twisting of foreign players in e-commerce and all but one player in telecom -- and it is very hard to justify this perception that the BJP is business friendly.' 'There will also remain the real risk of ideas seemingly gleaned from the pages of Amar Chitra Katha, overlaid with PowerPoint presentations,' predicts Rahul Jacob.
'The India-Pakistan relationship is in a deep freeze, though it could be a lot worse had there not been a new LoC ceasefire a year ago.' 'The India-Pakistan relationship will only start to thaw if the Pakistani military decides it's prepared to push for detente.'
Lower IT exports will raise India's dependence on capital flows to fund imports.
Coming back after a month-long break from cricket, Kohli scored a 34-ball 35 against the arch-rivals.
Former Australia captain Ricky Ponting believes it was important that Virat Kohli took an extended break to reset himself.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
Gandhi claimed that authoritarian tendencies are becoming clearer, with the erosion of fundamental rights being accompanied by a narrow imposition of conformity and obedience from dutiful citizens. voters polarised for electoral gains
So far the government has been silent on the charges being levelled, even after the stock price rout. Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel.
State-owned CIL on Monday said coal supply to the power sector rose 15.6 per cent to 49.7 million tonne last month in the wake of high demand of the dry fuel from electricity generating plants and stressed that it is planning to augment its dispatches further, especially to power plants in the coming months. The statement comes at a time when several parts of the country are grappling with power crisis. "With the intense demand for coal continuing unabated driven by an upward spiral in the electricity generation, CIL (Coal India) pushed up its supplies to power plants of the country to 49.7 million tonnes (MT) in April'22.
'The Congress is not pragmatic about politics or about people.' 'Rahul's intention is good, but good intention does not win you elections.'
Chief Economic Adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to 'a world of Caribbean pirates' in the absence of a centralised regulatory authority and are yet to pass the test of a fiat currency. He said that the government is pursuing a 'high-wire balancing act' to ensure that the gains in growth, inflation, and rupee stability of the last four years are not frittered away. He said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'.
'As long as we have such partners, Russia cannot be isolated.'
NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.
The prices of oilseed, coarse cereals & vegetables could also be affected.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
In the WHO South-East Asia region, four cases of monkeypox have been reported, three from India and one from Thailand.
India's economy is expected to grow 7.5-8 per cent this fiscal year with exports playing a key role in the country's success story, CII president TV Narendran said on Monday. However, he said the country needs to remain prepared for any fallout of next wave of COVID-19 pandemic, and the impact of the ongoing Russia-Ukraine war. "We are confident that the economy can retain a high growth trajectory this year. "So, we are very optimistic on the export front. "Exports will be a key component of India's success story going forward," Narendran said.
India are yet to shed their 'poor travellers' tag but head coach Ravi Shastri feels that it's unfair to pick on one particular side
'For free supply of drugs and medicines itself, almost Rs 20,000 crores would be required.'
Casa Everz Gmbh, the owner of Germany-based healthy footwear brand Von Wellx, will be shifting its entire shoe production of over three million pairs annually in China to India with an initial investment of Rs 110 crore, according to a top official of the company's licensee Iatric Industries Pvt Ltd. A new manufacturing unit will be set up with a production capacity of over three million pairs in Uttar Pradesh through a collaboration with Iatric Industries Pvt Ltd as part of an understanding with the state government.
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
'The magic of Roja can never be replicated because how can you recapture the carefree innocence of childhood?'
Senior Congress leader Shashi Tharoor on Thursday virtually ruled out contesting CWC polls if the party decides to hold them, saying he is not considering any further elections after having fought the AICC presidential polls and it is "for others to step forward".
Talented India batsman Shreyas Iyer has been ruled fully match-fit and cleared by the National Cricket Academy (NCA) to return to competitive cricket, which is set to take place when the IPL resumes in the UAE from September 19.
Rather than worry about what picture of India is being painted in the foreign media, the focus must be on marshalling all our energies to provide relief and solace to our deeply wounded and dispirited citizens, says former foreign secretary Shyam Saran.
Pawar also announced a panel of senior party leaders to draw a future course of action. Party workers and leaders, however, demanded that Pawar withdraw his decision.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
'In equities, it has diversified portfolios.' 'So the short-term movement of individual stocks does not impact them.'
Xi said that China's extraordinary efforts have helped it prevail over unprecedented difficulties.
Hardik said he believes in taking ownership on the field.
Easwaran opened up on his hopes from the UK tour and what he has learned from the likes of Virat Kohli and Rohit Sharma by watching them closely in the India nets.
"We are ready for an intense and wide-ranging cooperative engagement in all areas of human endeavour," Dr Singh said in his address at the luncheon hosted by Secretary of State Hillary Clinton at the Foggy Bottom headquarters of the State Department.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
