India's growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections. According to the latest WEO update, released ahead of the annual meeting of the IMF and the World Bank, the world is expected to grow at 5.9 per cent in 2021 and 4.9 per cent in 2022.
Just a few weeks ago, Communications Minister Ashwini Vaishnaw did some tough talking with the senior managers of Bharat Sanchar Nigam Ltd, the ailing state-owned telecom service provider. The message was clear: They had to perform, quit by taking the voluntary retirement package or be compulsorily retired from service. The terse message from an otherwise polite and soft-spoken minister came just days after he announced a second and bigger package of Rs 1.64 trillion as part of a four-year turnaround plan for BSNL.
The International Cricket Council has decided not to interfere in modalities related to bilateral agreement involving two nations.
No longer, Virendra Kapoor points out, are these awards given on the recommendation of ministers, or the Delhi-based liaison men who had ruled the roast till 2014.
West Indies cricket president James Cameron and Pakistan board chairman Najam Sethi have been awarded seats on the International Cricket Council's new executive committee, but South Africa has been snubbed from the game's new world order.
Kovind, aged 76, was sworn in as the 14th President of India on 25 July, 2017.
The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but those plans never materialised due to lack of scale and rising non-performing assets in the country.
The defence secretary was responding to a question from Congressman Joe Wilson, a friend of India in the Congress who, of late, has been critical of India deciding to take an independent position on the Russian invasion of Ukraine.
The International Cricket Council came out in defence of umpire Kumar Dharmasena for his controversial decision to award six overthrow runs, instead of five, to England during the World Cup final against New Zealand.
The government on Tuesday said it is fully prepared to implement mandatory hallmarking of gold jewellery and artefacts from June 1, 2021. Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present. The Centre, in November 2019, had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021.
As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley on Monday asked the I-T department to focus its effort on unearthing 'quite large' black money within the country as well.
People with cancer have an appropriate, protective immune response to COVID-19 vaccines without experiencing any more side-effects than the general population, researchers said on Tuesday.
Identifying terror emanating from Pakistan as the "greatest threat" to regional peace and stability, India and Afghanistan have said that setting up an effective counter-terror framework to deal with the challenge will be a major focus at the two-day Heart of Asia conference beginning Saturday.
The return of around 6,000 paramilitary personnel to Jammu and Kashmir after election duty elsewhere has triggered large scale rumours, ranging from further bifurcation of the union territory to announcement of elections after realigning districts, for the last three days.
With a robust outlook for mineral-led growth in India, Anil Agarwal-led Vedanta Limited is looking to invest up to $20 billion across its businesses, which includes doubling of silver production and steel capacities. In a virtual press conference had last month, Agarwal said the company planned a capex of $5 billion over a period of three years. The company has not given a timeline for $20-billion investment.
'Our fight is against his political masters, the BJP and Devendra Fadnavis.'
Batting powerplays have been scrapped from one-day international cricket and field restrictions relaxed to provide some relief to bowlers who were set upon mercilessly at the World Cup.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
Government on Monday asked income tax department to take steps to unearth domestic black money.
Year 2021 saw the elimination of a total of 182 terrorists, including 44 of their top commanders and 20 foreigners, in 100 successful anti-terror operations by the Jammu and Kashmir police and security forces in the Union Territory, police chief Dilbagh Singh said on Friday.
US Secretary of State Micheal Pompeo and Secretary of Defence James Mattis will travel to New Delhi next month for the 2+2 dialogue.
China on Monday said differences remain among members of the Nuclear Suppliers Group over the inclusion of new countries and the issue was not even on the agenda of the grouping's meeting in Seoul this week, a day after External Affairs Minister Sushma Swaraj asserted that Beijing was not opposing India's entry
Naomi Osaka's run-in with the tennis authorities shines a light on just how poorly the world tennis bureaucracy is equipped to deal with a young superstar confronted with mental health issues, says Suhit K Sen as Osaka drops out of Wimbledon 2021.
Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to talk about at the company's annual Connect conference on October 28, but could unveil sooner, is meant to signal the tech giant's ambition to be known for more than social media and all the ills that entail.
If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.
For the first time since the standoff between Indian and Chinese troops along the Line of Actual Control (LAC) in eastern Ladakh, Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to come face-to-face virtually at the BRICS (Brazil-Russia-India-China-South Africa) annual summit to be held on November 17.
'By the 2019 Lok Sabha elections, they moved back to the BJP almost totally and later their backing helped us win the local body elections.'
Ahead of their proposed tractor parade on Republic Day, protesting farmer Unions Monday announced they will march towards Parliament from different locations on February 1 when the annual Union Budget is scheduled to be presented.
Sitharaman said keeping morale of forces at the highest level was among the priorities of the government.
'This reluctance to respond forcefully to Chinese PLA provocations and outright aggression has as much to do with Prime Minister Modi personally, as with the institutional mindset of the MEA or even the Indian Army.' 'They are scarred by the 1962 War and are still cowed by China.'
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
The English Football Association (FA) plans to slash its annual budget by 75 million pounds ($93.20 million) to tackle a possible deficit of 300 million pounds over the next four years due to the COVID-19 pandemic.
China hiked its annual defence budget by 7.1 per cent.
The seventh edition of the World Twenty20 Championship next year is all set to be scrapped and pushed to 2020 as the top member nations will be busy with bilateral commitments in 2018.
You will be part of fastest growing major global economy, India's ambassador to the US Harsh Vardhan Shringala told young American students.
The International Cricket Council General Manager Geoff Allardice all set to submit a presentation on upgraded Decision Review System before the Board of Control for Cricket in India in New Delhi on October 20 in presence of president Anurag Thakur.
Board of Control for Cricket in India chief Anurag Thakur on Monday indicated that the Board is open to implementing the controversial Decision Review System (DRS) provided the technology reaches close to the level of perfection.
Initial data has shown immunity triggered by the two mRNA vaccines -- Pfizer-BioNTech and Moderna -- lasts for at least six months
The Board of Control for Cricket in India has expressed its reservations with the International Cricket Council's decision to earmark a budget of $135 million (approx) as the organisational cost for Champions Trophy scheduled in the United Kingdom from June 1-18, next year.
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