The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership (PPP).
The Pakistan Tehreek-e-Insaf party has won 23 seats while the Pakistan Peoples Party was second with eight seats and the incumbent Pakistan Muslim League-Nawaz secured just six seats, the state-run Radio Pakistan reported.
India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said on Tuesday. India's gross domestic product (GDP) growth of 6.5 per cent in 2023-24 compares with an estimated 7 per cent expansion in current fiscal year (April 2022 to March 2023) and 8.7 per cent in the previous year. Like the rest of the world, India too faced an extraordinary set of challenges in tightening financial conditions and supply chain disruptions from a prolonged war in Europe but "withstood them better than most economies", the annual document detailing the state of the economy said.
Hamza was re-elected to the post by just three votes amidst high drama.
Learning perhaps from the Kargil debacle, Musharraf tried hard to evolve as a statesman in his dealings with India, recalls Rana Banerji, who headed the Pakistan desk at RA&W.
Pakistan's former prime minister Nawaz Sharif has been issued a passport to return to his home country from the UK where he was seeking treatment, a media report said on Monday.
From a comedian to Punjab chief minister, Bhagwant Mann has seen a phenomenal rise in a political career of just over a decade.
Indian Railways, which manages the world's third largest rail network under single management, is the backbone of country moving people/ cargo from one place to other with-in the country.
After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.
The government will conduct a spectrum auction this year, which will facilitate the roll-out of 5G services by private telecom operators during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. "Spectrum auctions will be conducted in 2022 to facilitate the roll-out of 5G mobile services within 2022-23 by private telecom providers," Sitharaman said. She said the telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities.
India has slammed Pakistan for its decision to hold elections in Gilgit-Baltistan and said any action to alter the status of the militarily-occupied region has no legal basis.
MV Ganga Vilas will begin its journey from Varanasi and sail around 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh, traversing across 27 river systems in the two countries, it said.
About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.
'Mr (Gautam) Adani invested in Vizhinjam port when no other viable party was willing to bid.' 'He has also been active in charitable work and CSR projects in our coastal areas.' 'As the local MP, I do not judge the local situation purely through the prism of politics.'
The Delhi police has been allocated Rs 10,355.29 crore in the Union Budget for 2022-23, an increase of Rs 1,701.03 crore from the last fiscal, officials said on Tuesday.
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.
Heeding his party's wishes, Pakistan Peoples Party co-chairman Asif Ali Zardari on Saturday decided to contest the September 6 Presidential election, but the ruling coalition appeared to be heading for a deeper crisis over the issue of reinstatement of judges sacked by former President Pervez Musharraf.However, the crisis in the government, triggered by the second largest partner of the coalition Pakistan Muslim League-N chief Nawaz Sharif threatening to pull out .
Before his legislative assembly debut this time, he has been elected twice as a Member of Parliament from Sangrur.
Shashank Rai, 30, allegedly sought millions of dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act from two different banks by claiming to have 250 employees earning wages when, in fact, no employee worked for his alleged business.
Stating this Union Tourism minister, Subodh Kant Sahai said on Friday his ministry has appointed a national level consultant to identify four tourism circuits in each state, excluding the North Eastern states and 2 in each union territory for integrated development of tourism circuits during the 12th Plan period.
The military establishment is in no mood to forgive or forget Imran's anti-military utterances, observes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.
Bugti announced that he would support the Opposition in the wake of the no-confidence motion submitted against Imran Khan. Imran Khan's party Pakistan Tehreek-e-Insaf set to face a no-trust motion in the National Assembly.
The railways, whose performance in public-private partnership projects has been dismal, will try five different models for inviting private sector participation for last-mile connectivity projects.
If the Indian Railways, therefore, wishes to implement its expenditure plans as outlined in the Interim Railway Budget, it has to look for alternative sources of funding. One option under study is to adopt the PPP route to implement new projects. Mamata Banerjee's first Railway Budget in the United Progressive Alliance government, therefore, may outline major PPP initiatives for several new projects, say railway officials.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
While in power, Khan repeatedly talked about making Pakistan an Islamic welfare state. However, he failed to fix the economy and the basic problem of keeping the prices of commodities in control.
The meeting is being speculated to have revolved around the recent political developments in the country, with the local media reporting that the agenda of the meeting could have revolved around the upcoming Organisation of Islamic Countries (OIC) summit in Pakistan, the ongoing unrest in Balochistan and the upcoming no-confidence motion against Imran Khan.
Pakistan Prime Minister Shehbaz Sharif's wife and former premier Imran Khan's wife have financial assets worth more than their husbands.
Pakistan Peoples Party co-chairman Asif Ali Zardari has reportedly decided to move an impeachment motion against President Pervez Musharraf immediately on his return from Saudi Arabia, a move that will force the President to quit rather than be thrown out.Local daily, The News, quoted sources as saying that the decision was conveyed by Zardari to all relevant foreign players, including the Saudis. Zardari had issued instructions to party leaders to start work.
Senior leaders of Pakistan's ruling coalition partners the Pakistan's People's Party and the Pakistan Muslim League Nawaz -- will resume talks for the fourth day in Dubai on Thursday, about finalising a deal to reinstate deposed judges, while insisting that there is no threat to the government. "We have made progress during seven hours of marathon meetings, but there are still differences on certain legal issues," PML-N leader Chaudhry Nisar said.
With the National Assembly Deputy Speaker Qasim Suri rejecting the no-confidence motion moved by the Opposition, Pakistan Prime Minister Imran Khan on Sunday said that the conspiracy hatched by a foreign country to topple the Pakistan Tehreek-e-Insaf (PTI) government in the country has failed.
A Muslim cleric in northwest Pakistan has been arrested under the tough anti-terrorism act for threatening to kill Malala Yousafzai in a suicide attack and instigating people against the Nobel Laureate for her recent comments on marriage, police said.
India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
To increase the inbound tourist inflow, the tourism ministry has also given a proposal to the home ministry.
A former Indian Administrative Service officer of the 1994-batch, Vaishnaw has handled important responsibilities for over 15 years and was particularly known for his contribution to the public-private partnership (PPP) framework in infrastructure, something that will help him in the rail sector.
Employment exchanges will not remain mere places where people register their names and begin an endless wait for a call for an interview for a job which, most often, may never happen.
"In the coming days if we see a political or constitutional upheaval in Pakistan, or an increase in instability, then we cannot rule out the possibility of another coup in the country," said defence expert Sanjeev Srivastava.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
After the infrastructure sector, the public-private partnership model will be extended to rural job generation as well.
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