Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Gita Ramjee has become the first Indian-origin South African to have died after contracting the novel coronavirus. Ramjee, a stellar vaccine scientist and an HIV prevention research leader, had returned from London a week ago but reportedly showed no symptoms of COVID-19.
'Instead of writing NAM's obituary, India should reinvent it,' suggests Dr Rup Narayan Das.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
The Paris-based global watchdog for curbing terror financing and money laundering will hold its virtual plenary session from October 21 to 23. It will review Pakistan's progress on the 27-point action plan.
Disale announced that he will be sharing 50 per cent of his prize money with his fellow finalists to support their "incredible work".
He suggested that the new structures will emerge within one year's time.
The Bollywood star is a passionate football fan and will help promote the Premier League to fans in India and globally.
The postponed FIFA Under-17 Women's World Cup in India was on Tuesday rescheduled to next year from February 17 to March 7 after the world body made a "thorough assessment" of the situation arising out of the COVID-19 pandemic. The tournament was originally scheduled to be held from November 2 to 21 this year but was postponed last month due to the coronavirus outbreak, which brought global sports activities to a grinding halt.
The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
The institute expects to complete both, phase-2 and 3 trials in India by the end of this year.
The US spent $1.5 million a day since 2001 fighting the opium war in Afghanistan. After hundreds of airstrikes failed to curtail the Taliban's $200-million-a-year opium trade, the US military quietly ended the campaign when the Trump administration officials engaged in direct peace talks with the Taliban, notes Atanu Biswas.
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.
They have named this unique cluster of virus population as 'Clade A3i' found in 41 per cent of the genome sequenced in India.
The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
He said Sun Pharmaceutical will continue in manufacturing , infrastructure as well in Research and Development
Pakistan should also be accorded the same 'privilege', the Global Times said.
The Centre said the upsurge of COVID-19 cases is happening in cities and the Omicron variant is the predominant circulating strain.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
China's growth rate may fall to about 8.5 per cent if the European Union crisis deteriorates into a global meltdown.
'He came back from the US only to work for his country.' 'He has invested his fortunes to build this company and is married to his work.' 'Rarely does one see such commitment.'
Modi also made a call for European Union unity and said India would play a positive role in enhancing that through Germany.
'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'
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.
The utility helicopters will be used in attack missions as well as for search and rescue and surveillance operations.
The IOC will hold discussions that will include an option of putting back the July 24 start date or even moving the Games by a year or more due to the global coronavirus outbreak, but said cancelling the Games would not solve problems or help anybody. They have raised several issues in the past week with the IOC, including athletes' inability to prepare due to restrictions caused by the virus and their overall safety.
Joint Secretary in the Health Ministry Lav Agarwal claimed that India has been doing better than many other countries on the outcome ratio, which is the number of recoveries from coronavirus infection versus the number of deaths.
The Financial Action Task Force (FATF) on Friday retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of United Nations-designated terror groups, including Hafiz Saeed and Masood Azhar.
Federation of International Cricketers Association (FICA) chief executive Tony Irish has advocated the use of educational programs to check the menace of ball-tampering in the game.
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.
The approval by the Drugs Controller General of India (DCGI) was given on the basis of recommendations submitted by a COVID-19 subject expert committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO).
In a statement, the PMO said three vaccines are in advanced stages of development in India, out of which two are in Phase II and one is in Phase-III. It further said Indian Scientists and research teams are collaborating and strengthening the research capacities in neighbouring countries such as Afghanistan, Bhutan, Bangladesh, Maldives, Mauritius, Nepal and Sri Lanka.
'The Pakistani move to ban militant outfits and placate international opinion and Islamabad's openness to a UN security council resolution on Azhar -- instead of beseeching China to cast yet another veto -- enables Islamabad to occupy the high ground,' notes Ambassador M K Bhadrakumar.
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