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.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.
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.
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
Privatisation in Russia was endorsed by technocrats. It led to the rise of Vladimir Putin.
Learn by doing. Your priorities matter. Lead by example.
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 most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
Bihar has ranked on top among the BIMARU states registering highest growth rate of 9.3 per cent
According to a 2019 Congressional Research Service report of August 2019, a longstanding goal of US policy in South Asia has been to prevent the India-Pakistan conflict from escalating to interstate war.
Why did the department and his colleagues not stop this 'rogue' officer from implicating an innocent man while the entire nation was watching for weeks? The answer is they either approved, or disapproved and refused to intervene or they didn't care, notes Aakar Patel.
'India is in a slowdown which most of us have not seen in our living memory.'
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.
Most mainstream researchers agree that good governance is a necessary condition for growth.
India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.
Americans are lucky they have inherited the innovations of the past.
Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.
Shocks from Brexit could also hurt one of China's biggest export markets.
There may be some losers as well as winners. And those who lose their jobs to the new technology will soon find other employment, says Martin Feldstein.
Delhi's power circles can expect a surprise when a not-so-known officer is appointed to head the CBI.
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, they said.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
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.
In a major sign of transformation of manufacturing-dominated Chinese economy, annual output of its service sector may exceed that of the manufacturing sector for the first time ever in 2013, an expert said.
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
'Potent nationalism doesn't just distract from the economic task at hand; it actively undermines it.'
At some stage this fall in the quality of life will begin to hurt anybody's popularity, observes Shekhar Gupta.
The RBI has also been asked to consider displaying this information on its website.
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?
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
American help in defending our independence will send a strong signal to the Chinese, argues Colonel Anil A Athale (retd).
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
'Since the bilateral deficit is a reality -- and a worry -- we need to find a way to deal with it,' says Ravi Bhoothalingam.
At a time when China is trying to make its foray into South Asia, India should use its shared history to strengthen its ties in the region, says Dr Rup Narayan Das.
After talks between the King and President Kovind, the two sides inked three pacts providing for cooperation in polar science, innovation and research and in maritime spheres.
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