Amid prolonged uncertainty, continued policy support will be crucial for sustained economic recovery from the coronavirus pandemic, Reserve Bank Governor Shaktikanta Das said at the recent meeting of the Monetary Policy Committee. "In this period of prolonged uncertainty, it would be wise to remain agile and respond in a gradual, calibrated and well telegraphed manner to the emerging challenges," opined Das, according to the minutes of the MPC meeting released by the Reserve Bank on Thursday. Observing that economic recovery from the pandemic remains incomplete and uneven, he said, "continued support from various policies remains crucial for a sustained recovery." The governor said the renewed surge in international crude oil prices, however, requires close monitoring.
The baby girl has been named Geo Grace Levine.
The Pakistan Tehreek-e-Insaf party has won 23 seats while the Pakistan Peoples Party was second with eight seats and the incumbent Pakistan Muslim League-Nawaz secured just six seats, the state-run Radio Pakistan reported.
The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
Former Pakistani cricketer Taufeeq Umar has tested positive for the novel coronavirus. Umar said the symptoms are mild and he is self-isolating at home.
Quite a few superstars are bringing their big releases to the big screen this month.
In a surprise move, Pakistan's powerful intelligence chief Lieutenant General Faiz Hameed on Saturday dashed to Kabul, amidst the Taliban struggling to finalise and install an inclusive government in Afghanistan that would be acceptable to the international community.
"Most worrisome are China's technological advances in the spheres of cyber and space domain, which often transcend beyond the military, to include critical national infrastructure as well," General Bipin Rawat said at the three-day Indian Air Force Conclave.
Amid India's concerns that Afghanistan's territory might be used for anti-India activities under the Taliban regime, the terror group has said that it has the right to raise its voice for Muslims anywhere, including in Kashmir. However, it added that the group does not have a policy of raising arms against any country.
The change of government in Pakistan after the exit of hawkish Imran Khan and his likely replacement by hard-core realist Shehbaz Sharif may provide a little window of opportunity for the leaders of India and Pakistan to reset their nearly frozen bilateral ties, according to experts.
Khan, 69, was not present in the lower house at the time of voting. His party lawmakers staged a walkout.
It has also written to Twitter to ascertain the identities behind handles through which such posts and rumours were shared, they said.
'If there is a background of some kind of mutual understanding on how the dialogue process might develop in a mutually satisfactory manner...' 'If this understanding impacts positively on the ground situation...' 'As of now this is a heroic assumption. But it does not have to remain such.'
Pak hockey team were involved in smuggling in 1983, claims ex-captain Hanif Khan.
Angry supporters of the hardline Islamist party Tehreek-e-Labbaik Pakistan (TLP) attacked a garment factory on Friday and lynched its general manager Diyawadana, who was in his 40s, before setting his body on fire over allegations of blasphemy.
In the summit as well as in the inaugural '2+2' defence and foreign ministerial talks, the two sides are also expected to focus on the situation in Afghanistan and the rising threat of terrorism including from groups like Lashkar-e-Taiba and Jaish-e-Mohammed.
'We have all the technologies available, but it should be converted to something that can be commercially viable.'
Talking to reporters in Islamabad, he said the Opposition has laid all of their cards, but the no-confidence motion against him would not be successful.
'Russia remains in a unique position since it has special strategic relations with both India and China and these relationships are independent in nature'
At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.
Pakistan's popular hill station Murree was declared a calamity-hit area on Saturday after at least 21 people, including nine children, froze to death in their vehicles due to unprecedented snowfall and rush of tourists to the picturesque town in Punjab province.
'If you are invested in mid-cap and small-cap stocks, even if you are making losses right now, it is better to sell them now and sit on cash.'
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Weighing about 5,854 kg, GSAT-11 would play a vital role in providing broadband services across the country, and also provide a platform to demonstrate new generation applications.
According to the ministry, "potentially dangerous or difficult situations" that are "to be expected" include use of Molotov cocktails (including by local people or militia), building collapse, falling debris, internet jamming, lack of electricity or food or water, exposure to freezing temperature, psychological trauma, injuries, lack of medical support, lack of transportation and face-to-face situation with armed fighters or military personnel.
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine, official sources said on Saturday as India prepares to vaccinate people aged above 60 years and those over 45 with comorbidities from March 1.
A delegation of senior Pakistani officials led by Inter-Services Intelligence Director General Lieutenant General Hameed arrived in Kabul to conduct discussions with the incoming Taliban government, the Pakistan Observer newspaper reported.
The Taliban will view India through the eyes of the ISI and can be relied upon to undertake hostile actions against this country, warns Virendra Kapoor.
Total liabilities of the government increased to Rs 107.04 lakh crore at end-September 2020 from Rs 101.3 lakh crore at end-June 2020, official data on public debt showed on Wednesday. This represented a quarter-on-quarter increase of 5.6 per cent in Q2 FY21. Public debt accounted for 91.1 per cent of total outstanding liabilities at end-September 2020, as per the latest quarterly report on public debt management.
'India would not like to see Pakistani domination and tutelage of Afghanistan against Indian security and economic interests.'
Sarfaraz had told head coach and chief selector, Misbah-ul-Haq, before the match that he didn't wish to play.
In spite of straddling the market with multiple competitively priced models, GM was pushed to the fringes by the rivals from Japan and Korea.
In Q1, India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdowns.
It noted that the economy underwent a transition -- possibly, structural and permanent -- from high to low inflation in the last three years.
Chief of Defence Staff General Bipin Rawat on Saturday said that China's ambitions and aspirations to global power presented an 'omnipresent danger' to stability in South Asia.
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
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