India, South Korea sign 7 agreements to boost cooperation.
A confrontation with the Taliban in Kabul in this fading light of a twilight zone would have been sheer madness, observes Ambassador M K Bhadrakumar.
The three leading think-tanks-- NCAER, NIFM and NIPFP-- conducting a joint study on the quantum of blackmoney, are likely to submit the report to government by December 2012, Parliament was informed on Thursday.
Bihar Chief Minister Nitish Kumar attacks the BJP, saying that its only intention is to capture absolute power.
Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.
Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
There is simmering disquiet in the Communist party and the world is watching as to what can unfold in China in the days to come ahead of next year's party congress, notes Rup Narayan Das.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
'The Olympics postponement may not be a political body blow to Abe Shinzo, but it is no denying that the economic cost of the postponement of the Games will be heavy for Japan,' observes Dr Rajaram Panda.
Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
The Gulf Cooperation Council and the Association of Southeast Asian Nations have decided to enhance cooperation in the economic, commercial, investment, educational, cultural and media fields.
'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.
NCAER said the monetary policy measures are unlikely to revive growth at this juncture and suggested providing fiscal stimulus, which too can be challenging unless it can be financed through better revenue generation.
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
There was no announcement from the government on guaranteeing a minimum basic income, which is the need of the hour. The announcements on portability of ration cards and affordable rental housing to workers are for the long and medium terms. Migrant workers need immediate relief.
The Quad has come of age and its agenda covering areas like vaccines, climate change and emerging technologies makes it a force for global good, Prime Minister Narendra Modi said at the first summit of the coalition. In his opening remarks, he also talked about shared values and promoting a secure, stable and prosperous Indo-Pacific.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
The estimated size of the Durga Puja economy could be about Rs 2.75 trillion in 2021 had there been no pandemic, points out Atanu Biswas.
Paul noted that "three to four months from now, there will be other vaccines and the stockpile will be even bigger. "And more acceleration can be brought about in the vaccination programme," Paul added.
Unanimously confirmed by the Senate last week, Panchanathan, 58, from the Arizona State University, replaces White House Office of Science and Technology Policy (OSTP) Director Dr Kelvin Droegemeier who served as Acting Director of the National Science Foundation (NSF).
Gen Bajwa also said that the region surrounding Pakistan remains captive due to "historical baggage" and "negative competition".
Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year.
The agriculture sector has witnessed feeble growth on account of drought for two successive years
Stepping up pressure on the United Progressive Alliance government on the Sri Lankan Tamils issue, Tamil Nadu on Wednesday demanded that India move a resolution in the UN Security Council for a referendum for separate Tamil Eelam and stop calling Colombo a friendly nation.
'The book has immense value because it reveals the inner workings of the think-tank which appears to provide facts and insights to Modi, though he himself takes the final decisions and articulates them in his characteristic rhetorical style,' says Ambassador T P Sreenivasan.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
She lamented that Africa despite being the largest continent in terms of number of the countries and India, which has has one-sixth of the world's population, still don't have permanent membership of the UNSC.
Prime Minister Manmohan Singh on Saturday made a powerful call for early reform and expansion of the United Nations Security Council "to reflect contemporary reality" and asked nations not to allow the global economic slowdown to trigger protectionism through various barriers.
India has said the multiple terror attacks in Paris and Beirut highlight the urgent need to finalise a global convention on terrorism.
Broad convergence on GST rollout in NDC meet.
According to NCAER quarterly review for 2007-08, the high inflationary expectation stems from surging prices of crude oil and hardening metal prices and high economic growth which it forecast at 8.53 per cent for the current fiscal.
India's tennis players -- both current and former -- are not just counting financial losses as they cope with the fallout of the coronavirus pandemic. The closure of the Pro Tour means that doubles exponent Purav Raja is set to lose at least $50,000 in this lockdown period, according to his own assessment. Prajnesh Gunneswaran, Jeevan Nedunchezhiyan and Divij Sharan can't exactly tell how much they would lose but considering the fact that they are consistently in contention to be in Grand Slam main draws, the massive financial hit is not difficult to assess.
'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.
'Nitish Kumar was not happy about promoting R C P Singh as Union minister.'
'Whatever else may or may not happen, China and its people are likely to pay a very heavy price for the lack of transparency of its Communist regime,' predicts Colonel Anil A Athale (retd).
Rediff.com takes a look at how the Indian sojourn turned out for the presidents and prime ministers of the mighty P5.
Economic think-tank NCAER on Thursday revised downwards economic growth projection to 7.8 per cent from its earlier estimate of 9 per cent for the current fiscal and said global slowdown and rise in inflation will have an adverse impact on the growth of Indian economy.
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