India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.
US President Joe Biden and his Chinese counterpart Xi Jinping on Monday held their first in-person meeting in Bali, with both leaders underscoring the need to manage their differences and prevent a conflict, amid Beijing's coercive military posturing against Taiwan and in the strategic Indo-Pacific region.
India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report. The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday. Projecting that the gross domestic product (GDP) may have returned to the black in the last quarter of the calendar year 2020, DBS Bank in the report said the full-year growth in real terms may be at a negative 6.8 per cent.
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
The Indian Army is effecting a major "reorientation" and "rebalancing" of its troops in the strategically sensitive areas along the Line of Actual Control (LAC) in Arunachal Pradesh, with a top general saying its overall combat readiness in the region is of a "very high order."
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Amid deepening crisis in Afghanistan, United States President Joe Biden defended his move to withdraw troops from the country, saying history will record this as a 'logical, rational, and right decision'.
Five years before Rajiv Gandhi was killed in 1991, the US Central Intelligence Agency had prepared a very detailed and thorough "brief" on what would happen if he is assassinated or makes an "abrupt departure" from the Indian political scene.
The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
'When the Indian Army carries out anti-infiltration ops, the Pakistan army willy-nilly will get involved in some way. So, it is imperative for the Pakistan army to act against militant groups.'
Two heavy duty 140-tonne cranes were pressed into service at the crack of the dawn to clear derailed coaches, from which the survivors were rescued and bodies pulled out till late Saturday night.
With Pakistan moving towards tactical nuclear weapons, there is an increasingly higher risk of nuclear theft, a US think-tank report has warned ahead of the Nuclear Security Summit in Washington later this month.
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
Five villagers from Nacho area of the district, who went for hunting in a jungle were allegedly kidnapped by the PLA.
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
Employee integration and branch rationalisation are major challenges.
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
Although India has sought inputs from the Myanmar army since most of those involved in Thursday's ambush would have sneaked across into Myanmar, the fresh operations would smoke out insurgents based in hideouts on the Indian side along the border.
The state has total 8,98,39,600 voters, including 1,06,76,013 in the age group of 18 to 25 years. A total of 6.5 lakh polling personnel have been deployed at 96,661 polling booths across the state.
These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
This is the first deal for artillery guns since the Bofors scandal in 1980s.
'If UAV technology is used by the adversary to target VIPs or strategic targets it would be a different ball game altogether,' says Group Captain Murli Menon (retd).
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
'Surely, Syrian President Bashar al-Assad will not be able to pay or compensate the Russians for deployment and use of Russian men and equipment,' says Brigadier S K Chatterji (retd).
China is engaged in hotly contested territorial disputes in the South and East China Seas. Beijing has also made substantial progress in militarising its man-made islands in the past few years, which it says it has the right to defend.
US President Donald Trump described this a terrible event.
The migrant workers were walking along the rail tracks apparently to escape the attention of police. A video clip from the scene of the tragedy shows the bodies of migrant workers lying on the tracks and nearby with their meagre personal belongings scattered around.
A man of Islamist background has been detained by German investigators probing blasts against a bus carrying players of Borussia Dortmund soccer club, the federal public prosecutor's office said on Wednesday.
The battle against militants fighting for separation of China's volatile Xinjiang province, bordering PoK and Afghanistan, is getting "tougher, fiercer and crueler than ever" due to the revival of pan-Islamic extremist groups, top Chinese leaders from the province said.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.
Important for India was Xi's meeting with representatives of PLA officers and soldiers stationed in Tibet. The video of the encounter was interesting to watch, especially the large number of lieutenant generals and major generals, observes Claude Arpi.
The detentions come ahead of a crucial hearing on Article 35-A in Supreme Court which is likely to take place on Monday. The article, incorporated into the Indian Constitution in 1954, grants special rights and privileges to the citizens of Jammu and Kashmir.
Seven persons had been arrested in connection with the blasts.
At a time when finding out who is paying for labourers' train tickets is a task for Sherlock Holmes, Hemant Soren's Jharkhand government has flown in stranded workers from Ladakh, and is probably the only state that has tried to give 'migrant workers' a modicum of respect, observes Debashish Chatterjee.
Eyewitnesses alleged the attackers entered the premises when a meeting was being held by JNU Teachers' Association on the issue of violence on campus and assaulted students and professors.
