Economic Advisory Council to the Prime Minister has identified ten themes, including economic growth and job creations that need attention.
'Those who had no participation in the freedom struggle and creating history are keeping out one of the heroes of the independence struggle. This act, done out of political vindictiveness, is not good and shows their narrow mindset. It is an insult of each and every freedom fighter,' Raut claimed.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
The world is seeing an "explosion" in seizures of power by force and military coups are back, UN Secretary General Antonio Guterres told world leaders on Tuesday, lamenting that geopolitical divisions are undermining international cooperation as he called for strengthening global governance and re-igniting multilateralism.
Subramanian's paper comes at a time when concerns have been raised in various quarters about the official economic growth numbers. The Economic Advisory Council-PM said the Base Year of India's income calculations were shifted to 2011-12 on the basis of recommendations of several committees with experts in national income accounting.
Putin's idea was to attack his neighbouring country, he has to stop and then only we can find a solution, said the German ambassador.
Whether it liked it or not, the Ukraine crisis forced India to choose between the aggressor Russia and the US-led free world, a decision it hated to make, Virendra Kapoor points out. In the end, it abstained from the vote in the Security Council.
The Modi government has to embrace the history of Tamil conquests in South East Asia and stop obsessing about Babar/Humayun, argues Colonel Anil A Athale (retd).
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
India's gold demand increased by 19.2 per cent to 76.1 tonne during the April-June quarter this year, largely due to low base effect, owing to the nationwide lockdown that hit economic activity last year, the World Gold Council (WGC) said in a report. The overall gold demand during the second quarter of 2020 calendar year stood at 63.8 tonnes, according to the WGC's 'Gold Demand Trends Q2 2021' report. In value terms, India's gold demand witnessed 23 per cent growth during April-June quarter at Rs 32,810 crore, compared to Rs 26,600 crore during the corresponding period of 2020.
'If Ranil Wickremesinghe starts repressing and suppressing the protesters who represent the people, that will pose a danger for him to continue in office.'
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
The GST Council, headed by Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union territories, will have its 37th meeting in Goa against the backdrop of economic growth hitting a six-year low of 5 per cent in the first quarter of the current fiscal.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
The Shanghai Cooperation Organisation (SCO) will hold its first in-person summit in Samarkand in Uzbekistan on Thursday after two years, shaking off Covid fears and providing a rare opportunity for all its eight heads of state to meet on the sidelines of the event to have face-to-face talks on pressing global and regional issues of common concern.
The panel was informed that the economic impact of the second wave of viral infection was "asynchronous in its onset and wider in its spread particularly in rural hinterland", a source said.
"Ambassador Mittal raised India's concern that Afghanistan's soil should not be used for anti-Indian activities and terrorism in any manner," it added.
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
Retaining the GST rate assumes importance since states are under pressure to increase their revenues, hit hard by lockdown. Also, the Centre has not fully compensated states for their revenue losses on account of GST for 2019-20.
The Supreme Court in its official communication called it "Truly, a historic day".
Defence Secretary Lloyd Austin on Thursday directed that the aircraft carrier USS Ronald Reagan and the ships in her strike group will remain on station in the general area to monitor the situation.
The pressure on India to take a hostile attitude towards Russia and China was not subtle, but it was guarded, observes Ambassador T P Sreenivasan after Monday's 2+2 ministerial meeting in Washington, DC.
In the past, India strongly rejected references made to Jammu and Kashmir in a previous joint statement by Pakistan and China.
India, which has been at the forefront of the years-long efforts to reform the UNSC, began its two-year tenure at the Council on Friday last.
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
The ineptness of successive American presidents, from Bush the Younger to Joe Biden the Old, combined with the cluelessness that Americans demonstrate in foreign lands, contrasts with the Chinese leadership's seemingly singular focus on the accumulation of wealth and power, asserts T N Ninan.
The two countries, among the very few fast growing large economies globally, also decided to boost bilateral trade and investment in areas of oil and gas, renewable energy, IT and pharmaceuticals, during talks between Prime Minister Narendra Modi and Indonesian President Joko Widodo.
India's Planning Commission has 31 divisions and seven attached offices, which include the Unique Identification Authority of India and Independent Evaluation Office.
The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.
Reddy has worked to reform the economy.
In a virtual address at the G20 Extraordinary Summit on Afghanistan, Modi also pressed for 'urgent and unhindered' humanitarian assistance to Afghan citizens and underlined the need for having an inclusive administration that includes women and minorities, according to the Ministry of External Affairs (MEA).
The Nitish Kumar government in Bihar came under fresh attack on Monday from state Bharatiya Janata Party president Sanjay Jaiswal whose party seems annoyed with junior ally Janata Dal-United's shrill demands for special assistance from the Centre.
After two decades, the SCO appears to be at a cross-roads with the US withdrawal from Afghanistan, asserts Srikanth Kondapalli, the leading China expert.
In a US-India Joint Leaders' Statement issued after the first in-person bilateral meeting between US President Joe Biden and Prime Minister Narendra Modi at the White House on Friday, the two leaders underscored the importance of combating terrorism in Afghanistan.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
India is facing no risk of recession or stagflation as macroeconomic fundamentals of the economy are strong, Finance Minister Nirmala Sitharaman said on Monday. Replying to a debate on price rise in the Lok Sabha, she said the GST collection and Purchasing Managers' Index (PMI) are indicating that the Indian economy is getting more robust. The GST collection rose 28 per cent to touch the second-highest level of Rs 1.49 lakh crore in July. GST, introduced in July 2017, touched a record high of Rs 1.68 lakh crore in April 2022.
An official announcement to this effect would be made next week. The vice-chairman would be of Cabinet rank.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
Greg Barclay has been elected as the International Cricket Council's new independent chairman
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