There can be no one answer to the question at the centre of an anxious debate across a world coping with COVID-19 and wondering what will happen if another one comes, but the global scientific community has been working on multiple tracks to ensure that humankind is better prepared.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
The ED has attached seven sugar mills worth over Rs 1,097 crore in a money laundering case against former Uttar Pradesh BSP MLC Mohammed Iqbal and his family, officials said.
Banks are in need of government support to manage the stressed assets
'We have the technical expertise, and international collaborations. We also have robust real-time data. We are a university of pandemic management. If the ministry neglects the role of NCDC, it is the loss of the country'
The Centre on Saturday strongly advised 12 states and Union Territories reporting a surge in coronavirus cases to significantly increase testing and ensure people follow COVID-appropriate behaviour, noting that one infected person could spread infection to an average of 406 individuals in a 30-day window without restrictions.
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
Sanjeev Nayyar chalks out a detailed six-point agenda for the new National Democratic Alliance government led by Narendra Modi.
All members of the Monetary Policy Committee (MPC) -- Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das -- had unanimously voted to keep the policy repo rate unchanged at 4 per cent after the three-day meet of the panel earlier this month. Further, except Varma, other members voted to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. Varma expressed reservations on this part of the MPC resolution, according to the minutes.
The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the finance ministry in the recent Economic Survey which was tabled in Parliament on January 31. Unveiling the bi-monthly policy, RBI governor Shaktikanta Das said, "Recovery in domestic economic activity is yet to be broad-based, as private consumption and contact-intensive services remain below pre-pandemic levels."
In the past one week alone, Rajasthan, Madhya Pradesh, Chhattisgarh, and Andhra Pradesh have issued orders to take over private hospitals in some districts. Sohini Das, Vinay Umarji and Gireesh Babu report.
The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.
'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'
Citing faster-than-expected recovery, rising consumer confidence and the resultant spending spike, Swiss brokerage UBS Securities has revised upwards its growth forecast for the current fiscal to 9.5 per cent from 8.9 per cent in September. The brokerage also sees the economy clipping at 7.7 per cent in FY23 but moderating to 6 per cent in FY24, as it expects the benefit of the low-interest rate regime to end by the end of FY23, and it sees the central bank hiking policy rates by 50 bps in the second half of the next fiscal. The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent.
Impact of lack of significant investments in the last 4-5 years; inability of private sector to put in fresh capital with availing of loans becoming an issue due to rising NPAs of banks, along with demonetisation were mainly responsible for dampening growth, he said.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
A week after expanding his cabinet, Karnataka Chief Minister B S Yediyurappa on Thursday allocated portfolios to the seven new inductees and also effected a reshuffle of the departments of some ministers.
Stephen Hawking, in his final book Brief Answers to the Big Questions, considered an asteroid collision to be the biggest threat to the planet. At this point, we are as well prepared as dinosaurs were when a 10-km wide asteroid hit the planet 65 million years ago, notes Kumar Abishek.
Major American media outlets started calling Biden the winner after it became clear that he has taken a major lead against Republican incumbent Donald Trump in the battleground State of Pennsylvania, which has 20 electoral college votes, making him cross the benchmark of the 270 electoral college votes.
'We know that there are new variants which are more transmissible. We know that human behaviour determines the spread of this virus. Therefore, it is not very relevant if we declare whether the second wave is over or not'
Uptick in growth projected in second half of current fiscal based on 10 factors including higher FDI flows, build up of demand pressure, positive GST revenue growth
Gandhi said that the BJP government has clearly mishandled the economy that was built by the United Progressive Alliance government, and is now resorting to selling the country's assets as a "last resort" to generate some money.
Zomato's initial public offer (IPO) is scheduled to open for subscription on July 14 and is priced between Rs 72 - 74 per share. At the upper end of the price band of the offering, the company aims to raise Rs 9,350 crore. Most analysts have given a 'subscribe' rating to the issue for listing gains.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
Gripped by the pre-election frenzy, Indian markets seem to be factoring in the victory by the Narendra Modi-led BJP.
The report expects the inflation framework, fiscal consolidation, infrastructure spending, FDI focus and strong external affairs policies to continue.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
The proposed investment will be made over a period of five years in our India operations, which includes an R&D facility at Pune and another centre at Vadodara.
In 2011, India's share in global nanotechnology research publications had reached six per cent from a mere two per cent in the year 2000, the study found.
The US state department, which issued the revised travel advisory, on Wednesday said that the exemptions have been given under the national interest category.
'While there has been an impact on economic activity, it is not as profound as the lockdown last year.'
Each state has its own weak areas that need attention. Some states have already identified the gaps and sought the Centre's help. Vinay Umarji, Ishita Ayan Dutt, Samreen Ahmad and Sohini Das report.
Unless you know what you are and what you are not, how will you get an appropriate job?
The manifesto proposes to launch a Sagar Mala project to set up new ports and upgrading the existing ones and "stringing them together".
Opens operations in high-speed train, freight and suburban corridors to private sector
The Planning Commission has mooted an idea to expand funding from the Reserve Bank of India to the India Infrastructure Finance Company Ltd, so that infrastructure projects can access finance at lower cost from the government-owned IIFCL.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
The GoM was told that six states -- Maharashtra, Delhi, Gujarat, Tamil Nadu, Uttar Pradesh and West Bengal -- account for 86 per cent of the deaths caused by COVID-19 and 32 districts account for 80 per cent of such fatalities, the Union health ministry said.
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