'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
'That's the stunning achievement of two-and-a-half years of this government -- a political bait-and-switch, selling a promise of economic development, and delivering a triumphalist machine that sacralises country, nationalism, majoritarianism and tradition, to achieve Hindutva goals,' says Mitali Saran.
The education sector has been badly hit in Kashmir Valley during the five-month-long unrest, causing "irreversible loss" to students, the Economic Survey Report has said.
The visit will focus on strengthening cooperation between the US and Pakistan to bring peace, stability, and economic prosperity to a region that has seen far too much conflict, it said.
'We had decided that India was unique and had overcome Covid.' 'Other nations ordered vaccines on time.' 'They let their scientists determine whether the battle against the pandemic was won instead of a divinely inspired leadership,' asserts Aakar Patel.
In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.
While 100 per cent FDI is allowed in single-brand retail, if the foreign investment exceeds 51 per cent, the 30 per cent mandatory local sourcing norm kicks in.
The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult time.
Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.
'The reason why we have reached such depths is because of the breakdown of the rule of law, and not the political atmosphere.' 'Yes, the political atmosphere has aggravated the situation.'
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.
Gujarat Chief Minister Narendra Modi is a dictator, lying is his style and his development propaganda is completely fake. These are some of the claims made by Professor Hemant Shah, head of the department of economics at H K Arts College, Ahmedabad.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
The ministry of health and family welfare spent Rs 3,948 crore in May this year compared to Rs 7,816 crore in the corresponding month of the previous year. On the other hand, at Rs 12,930 crore, the expenditure had risen almost 200 per cent in April against Rs 4,327 crore in the corresponding month of 2019-20.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
India will need to watch carefully and understand the new round of instability and uncertainty in Pakistan, while charting the course of its future diplomatic initiatives, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Goa police on Wednesday said it has come to light that "bribe was paid" by a US firm for a water developmental project in the state.
'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.
Cases with the Omicron variant have already been detected in Karnataka and Gujarat.
The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.
'If the new regime in Kabul wants diplomatic recognition, or to unlock the billions that are currently frozen, they will have to ensure safe passage for those who wish to leave the country, to respect the rights of women and girls, to prevent Afghanistan from, again, becoming an incubator for global terror, because that would be disastrous for Afghanistan'
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
The Biden administration has announced that it is delaying the H-1B policy of the previous Trump administration on allocation of the popular foreign work visas by continuing with the lottery system until December 31, 2021, to give the immigration agency more time to develop, test and implement the modifications to the registration system. On January 7, the US Citizenship and Immigration Services (USCIS) announced to do away with the traditional lottery system in deciding the successful applicants for the H-1B visas. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.
The two Congressmen are Mario Diaz-Balart and Ben McAdams.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
India and the US also agreed to support the efforts of the Harvard Business School and the Indian Institute of Management Ahmedabad to develop a cluster map.
Asian Development Bank has asked Dhaka to send a formal request by Sunday.
The data, released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI), shows that 65 out of 75 countries studied significantly reduced their multidimensional poverty levels between 2000 and 2019.
According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.
While growth in India and China is likely to remain robust, the rest of the world risks falling back into recession if developed countries embark prematurely on fiscal austerity measures, says a United Nations report, released in New York on Thursday.
Calling his incarceration "both unjust and unwarranted", the United States has asked Pakistan to release Shakil Afridi, the doctor who allegedly helped the Central Intelligence Agency to track down al Qaeda chief Osama bin Laden.
Wang Yang and Xi Jinping's visits signal the beginning of a major Chinese push to bring about a transformation of Tibet, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
'China's vulnerability on the global stage has given an opening to India to push for its own interests,' notes Harsh V Pant.
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