Air Chief Marshal Amar Preet Singh also decided to bring back another vintage symbol of the IAF, the 1967 Ford Saloon car, for the Air Force Day celebrations at Hindon Air Base, Ghaziabad.
The long-awaited move to bring urea under the Nutrient-Based Subsidy (NBS) scheme is likely to be announced in the coming Union Budget, to be unveiled on February 28, even as the government would decontrol its prices gradually.
China's population in 2022 -- 1.4118 billion -- fell by 850,000 from 2021, the National Bureau of Statistics (NBS) said.
China's economy grew by 8.1 per cent in 2021 to about $18 trillion despite challenges, including epidemic resurgences and a complicated external environment, the government said on Monday. According to the official figures released by the National Bureau of Statistics (NBS), China's economy grew by four per cent in the fourth quarter of last year, slowing from the 4.9 per cent growth in the third quarter, rounding off the full year's growth rate to 8.1 per cent in 2021. The GDP increase is also above the six per cent target set by the government for the year.
The population is important and so is the talent, he said about China, the world's second-largest economy after the United States.
China's GDP jumped a record 18.3 per cent in the first quarter of 2021, riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 when Covid-19 stalled the world's second-largest economy, according to statistics released on Friday.
China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
China's post COVID-19 pandemic economic rebound showed signs of slowdown as the economy grew at 7.9 per cent in the second quarter compared to a record 18.3 per cent in Q1, while the GDP expanded 12.7 per cent year on year in the first half amid the continued global spread of the coronavirus and unbalanced domestic recovery. In the second quarter, the GDP of the second largest economy in the world grew 7.9 per cent year on year, the data released by the National Bureau of Statistics, (NBS) on Thursday showed. On a quarterly basis, the economy expanded 1.3 per cent in Q2.
India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher import price, top sources said on Thursday. The government will ensure that there is no shortage of fertilisers in the country during the kharif (summer-sown) and rabi (winter-sown) season and it is already in talks with major global producers to import key soil nutrients, they added. According to the sources, Union Chemicals and Fertilisers Minister Mansukh Mandaviya is likely to visit many countries, including Saudi Arabia, Oman and Morocco, soon to secure imports on both short and long term basis.
China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.
China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.
Analysts, however, predict it would be an uphill climb for export-reliant China's economy going forward as it faced intensified conflict with the US and the negative fallout on its external trade due to Beijing's increasingly aggressive policies towards countries like India resulting in bans of its products and services.
Consumption was the major driver, contributing 58.8 per cent to GDP growth
The deteriorating situation in China, a market that businesses around the world rely upon for growth, has spooked investors and prompted warnings from top companies like Apple.
The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39 per cent to Rs 4,33,108 crore this fiscal and fall further by 27 per cent to nearly Rs 3.18 lakh crore in 2022-23. In its revised Budget (RE) estimate for the 2021-22 fiscal, the government has pegged total subsidies to be at Rs 4,33,108 crore against the actual Budget estimate of Rs 7,07,707 crore in the previous financial year. Out of which, the food subsidy is estimated to decline to Rs 2,86,469 crore in the current fiscal from Rs 5,41,330 crore in 2020-21, while petroleum subsidy is estimated to fall to Rs 6,517 crore from Rs 38,455 crore in the said period.
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
China's demographic problem due to ageing population is showing up as the labour force for first time has decreased by 3.45 million last year, prompting officials to appeal to the new leadership to devise "appropriate and scientific" population policy.
The government has set seven per cent as the GDP target for this year.
China, the world's second largest economy, in a rare move on Monday lowered its GDP for 2012 by 0.1 percentage point to 7.7 per cent, the lowest in 14 years as the communist giant grapples with economic slowdown.
To curb soaring inflation, the People's Bank of China, the country's central bank, has raised the benchmark interest rate three times this year.
The new data comes a day after China and the US signed a long-awaited phase one deal, marking a ceasefire in the 18-month-long trade war which saw the world's two largest economies slap 25 per cent tariffs on about half a trillion-dollar worth of each other's exports. The world's second-largest economy grew by 6.1 per cent last year, its worst performance since 1990, but it remained above the psychologically important mark of six per cent, according to the National Bureau of Statistics (NBS).
China grew by 9.7 per cent in the first quarter of this calendar year while inflation sped to its 32-month high of 5.4 per cent, according to the data released by National Bureau of Statistics (NBS).
China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
The Department of Fertilizers (DoF) plans to bring in all policies, including the New Investment Policy meant to overhaul urea production, under one umbrella - Nutrient-Based Subsidy (NBS) policy.
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
Germany must improve in both defence and attack if they are to overcome France in Friday's World Cup quarter-final.
China's GDP growth slowed in the second quarter this year to 7.5 per cent, official data showed on Monday, as the Chinese leadership faced fresh challenges to stimulate and revamp the world's second-biggest economy.
In the wake of University of North Virginia shutting down due to lack of accreditation, Sunit Survase, director, Grad Dreams Education Consulting offers advice on how students can identify a genuine international university from a fake one.
Robin Uthappa says he is happy about finally being able to play "correct" cricket after cleaning up his technique.
Rediff.com had asked its beloved reader to flaunt their voting finger proudly for the world to see.
Bollywood's A-list stars arrived at the ITC Maratha in Mumbai.
Trade analyst Vinod Mirani gives the box office verdict for the week.
Their battered pride regained after snapping an eight-ODI winless streak, five-time champions India will look to build a winning momentum when they take on Sri Lanka in what could by their first real test in the Asia Cup on Friday.
Images from the Day Five of the second and final Test between New Zealand and India, at the Basin Reserve, in Wellington, on Tuesday.
As Valentine's Day comes closer, television actresses Surbhi Jyoti, Hunar Ali and Sana Khan talk about love.
Former captain Sunil Gavaskar has advised India skipper Mahendra Singh Dhoni to be more flexible while deciding the playing eleven.
India must do away a pointless policy that mandates that a domestic airline must have been in operation for five years and have 20 aircraft before flying.
Accusing the government of going back on its assurances to give a strong Lokpal Bill, anti-corruption activist Anna Hazare on Friday threatened to start another country-wide agitation to achieve his demand of a pro-people Jan Lokpal. Slamming the government Lokpal draft, Hazare took on Prime Minister Manmohan Singh and United Progressive Alliance Chairperson Sonia Gandhi and accused them of not fulfilling the promises made to him.
Adult actress Priya Rai leads this curious list.
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