The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19, the largest outbreak in the world since the beginning of the deadly pandemic. The Washington-based global lender, in its latest issue of Global Economic Prospects released here, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of Fiscal Year 2020/21, especially in services.
The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."
About five years ago, the Democratic Party's presidential nominee learned that there are five Bidens living in Mumbai, but is probably yet to make a connection with them.
India-born US district judge Amit Mehta, an Obama appointee, has been assigned the justice department's crucial lawsuit against internet search giant Google.
The project shows a lack of respect for history, even if an inalienable part of it is colonial history, asserts T N Ninan.
Under mounting pressure from sponsors and Native American rights groups, Washington Redskins owner Dan Snyder said on Friday he would consider changing the name of the National Football League team whose roots date back to the 1930s. Snyder, who has previously stated he would not change the name, softened his stance a day after FedEx Corp, which owns the naming rights to the team's Landover, Maryland, stadium, called for the NFL club to be rebranded.
The first fatality from COVID-19 was reported from the Washington state on February 26.
Following four days of the impeachment trial, the 100-member Senate voted to impeach Trump by 57-43 votes, 10 votes short of the two-thirds majority needed for conviction.
The shape of the black hole matches what theorists had predicted ever since they started wrestling with Albert Einstein's General Theory of Relatively over a hundred years ago
There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.
Talks between Chinese Vice Foreign Minister Xie Feng and US Deputy Secretary of State Wendy Sherman to improve the relations got off on a rough note at the northeastern Chinese port city of Tianjin, with Xie launching a blistering attack on Washington, accusing it of being the "owner of coercive diplomacy".
In February this year, Donald J Trump Jr, 40, had travelled to four Indian cities, New Delhi, Mumbai, Pune and Kolkata, to promote the high-rise luxurious condos being build by the Trump Organization, of which US president Donald Trump is the sole owner.
IMF's Chief Economist Gita Gopinath on Thursday said it would be damaging for India to start tightening policy support in the midst of the COVID-19 pandemic and also stressed on reducing wasteful expenditures in the upcoming Budget. Delivering NCAER's '9th C D Deshmukh Lecture' virtually, Gopinath said there is scope for the Indian government to provide more direct support to people.
The United States is going to retain a laser focus on its counterterrorism mission in Afghanistan, President Joe Biden said on Friday, and warned the Taliban of a forceful response to any attack on American forces or disruption of its operations at the Kabul airport.
US Customs and Border Protection Commissioner Kevin McAleenan will replace Nielsen as the acting Department of Homeland Security Secretary.
Biden on Friday opened the first Quad Leaders' Summit held virtually and attended by Prime Minister Modi, Australian Prime Minister Scott Morrison and Japanese Prime Minister Yoshihide Suga.
The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9 per cent in 2022. Notably in 2020, India's economy contracted by a record eight per cent, the International Monetary Fund (IMF) said as it projected an impressive 12.5 per cent growth rate for the country in 2021.
The United Nations Security Council on Thursday expressed deep concern over the declaration of the state of emergency in Myanmar by the military and called for the immediate release of Aung San Suu Kyi and other political leaders arbitrarily detained by the military.
Health officials in United States on Friday confirmed that a resident of Oregon has tested positive for coronavirus with no known history of travel to countries severely affected by the outbreak and no known contact with infected individuals.
Pelosi told The Washington Post, "Impeachment is so divisive to the country that unless there's something so compelling and overwhelming and bipartisan, I don't think we should go down that path, because it divides the country. And he's just not worth it."
'Between its natural immunity with Delta, in so many populations, and then getting on top of the vaccination (situation), I do not think India is going to have another bad wave.'
The debris from China's disintegrating Long March rocket entered the Earth's atmosphere on Sunday and reportedly fell into the Indian Ocean area close to the Maldives, the country's space agency said, ending an anxious week as people and the governments wondered where and when the space junk would fall.
Current and former US intelligence officials told The Washington Post that Trump, in the month of January and February, had repeatedly ignored warnings conveyed in issues of the US president's Daily Brief, a sensitive report that is produced before dawn each day and designed to call the president's attention to the most significant global developments and security threats.
What do we know about India's devastating second wave, and can we assign responsibility for it?
United States President Joe Biden has nominated Indian-American lawyer and rights activist Kiran Ahuja to head the Office of Personnel Management, a federal agency that manages America's more than two million civil servants.
He has refused to concede the election, while the mainstream US media has declared 77-year-old Democratic presidential candidate Joe Biden as the winner, who is now the President-elect.
Murthy, 43, who originally hails from Karnataka, was appointed America's 19th Surgeon General by then president Barack Obama in 2014.
Pictures of thousands of Kolam tiles were on Saturday woven into a video to welcome Biden and Harris in the spirit of 'Presidency for All' and to showcase the multi-cultural heritage of America.
The Indian embassy condemned the "mischievous act" by hooligans masquerading as protesters.
The Post reported that Trump has gone to "extraordinary lengths" to conceal details of his conversations with Putin, including on at least one occasion taking possession of the notes of his own interpreter and instructing the linguist not to discuss what had transpired with other administration officials.
"President Trump and his Republican enablers in Congress incited a violent attack Wednesday against the government they lead and the nation they profess to love. This cannot be allowed to stand."
Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.
Many Black athletes have spoken out about their treatment by the police.
In the opinion piece after the summit, the leaders said the cooperation, known as "the Quad," was born in crisis. It became a diplomatic dialogue in 2007 and was reborn in 2017.
India's economy has bounced back amazingly from the Covid-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the country's real GDP growth for fiscal year 21/22 could range from 7.5 to 12.5 per cent.
Ravi Shastri was both Sunil Gavaskar and Kapil Dev's 'go to man' with his all-round abilities during the '80s and India head coach firmly believes that young Washington Sundar could play a similar role in the current Test team.
'Until the case load starts dropping, we will have to keep up the current level of prevention activities.'
This is the first time that the Indian government has made a comment on the origin of the deadly contagion.
The fire broke out at the El Caballo Blanco bar after being deliberately set by unknown assailants.
Considered to be the worst ever civil unrest in the US in decades, the violent protests have engulfed at least 140 cities across America in the days following the death of Floyd, a 46-year-old man who was pinned to the ground in Minneapolis on Monday by a white police officer who kneeled on his neck as he gasped for breath.
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