India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report which said the country's current fiscal year budget points to a shift towards demand-side stimulus, with an uptick in public investment. The report, 'Out of the frying pan ...Into the fire?' published Thursday as an update to the Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said the global economy is set to grow by 4.7 per cent this year, faster than the 4.3 per cent predicted in September 2020, thanks in part to a stronger recovery in the US, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending.
The agency filed the prosecution complaint under the Prevention of Money Laundering Act before a special court in Mumbai and said Naik's "inflammatory speeches and lectures have inspired and incited a number of Muslim youths in India to commit unlawful activities and terrorist acts."
China is going to be an indispensable partner in Russia's ongoing crisis with the US, while on its part, China cannot remain indifferent if Russia gets crushed by the US, lest it loses 'strategic depth', observes Ambassador M K Bhadrakumar.
At a press briefing on Xi's recent visit to India and Nepal, Chinese Foreign Minister Wang Yi said, "Both India and Pakistan are friendly neighbours of China, and the Chinese side hopes that the two countries can properly manage and control differences and improve their relations."
The ISRO had earlier said Chandrayaan-2 will be launched in a window from January-February 16, 2019.Sources said it is expected by the middle of next month but no date has been finalised.
The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said.
'India would not like to see Pakistani domination and tutelage of Afghanistan against Indian security and economic interests.'
'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'
'He is not a person to challenge the government.' 'He is a man who is known to go with the flow' Aditi Phadnis reports.
The weight of the space station is likely to be 20 tonnes.
The president also said one of his daughters has been given a shot of the COVID-19 vaccination. "One of my daughters got vaccinated. In fact, she took part in an experiment. After the first vaccination, she had a [body] temperature of 38 degrees [Celcius, 100 degrees Fahrenheit], the next day slightly higher than 37 [degrees], that's all," he said.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
Talks between Chinese Vice Foreign Minister Xie Feng and US Deputy Secretary of State Wendy Sherman to improve the relations got off on a rough note at the northeastern Chinese port city of Tianjin, with Xie launching a blistering attack on Washington, accusing it of being the "owner of coercive diplomacy".
'I want to repeat that we have a majority of the MLAs and even our adversaries know this'
TMC and other opposition party members rushed into the well of the House as Vaishnaw was called to make a statement over the issue.
'We expect a pick-up in the second half of the current fiscal. But before that, data is likely to show a further slowdown. The second quarter print is likely to be worse than the first quarter,' said a senior official.
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
Indian mathematician and founder of Super 30, Anand Kumar, has been invited by the prestigious Massachusetts Institute of Technology (MIT) and Harvard University to speak on his globally acclaimed effort to mentor students from the underprivileged sections for admission to the prestigious IITs.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
The new records for extreme lightning bursts, or 'megaflashes', during 2019, are more than double the size and duration of the previous record flashes.
Asserting that both Prime Minister Narendra Modi and Chinese President Xi Jinping are 'responsible' leaders, Russian President Vladimir Putin on Saturday said they both are capable of solving issues between the two countries, and that it was important that no 'extra-regional power' should interfere in the process.
On Thursday, Sri Lanka Cricket announced that India's limited overs tour in June-July was postponed indefinitely.
'She's not going to keel over.' 'This is the kind of difficult situation that she thrives in.'
Bengaluru now have two draws in a row and their first clean sheet but languish at second-last with just six points.
North Korea will take part in the next two Olympic Games in Japan and China, International Olympic Committee President Thomas Bach said on Saturday after meeting North Korean leader Kim Jong Un in Pyongyang.
'If you don't have children, that's also a problem.' 'There's no right way to live because everybody has an opinion about your personal life, and how you should live.' 'You have to listen to them, unless you can pick a fight with everyone.'
Telecom equipment from China may face fresh curbs after the Cabinet on Wednesday cleared a proposal to secure telecom infrastructure by designating a "trusted source" for the purchase of equipment by service providers. Briefing reporters after the meeting of the Cabinet Committee on Security headed by Prime Minister Narendra Modi, Law, Telecom and IT Minister Ravi Shankar Prasad said a National Security Directive on Telecommunication Sector has been framed keeping in mind the national security.
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
Senior Congress leader Anand Sharma on Sunday raised concerns over India's drugs regulator granting permission for restricted use of Bharat Biotech's COVID-19 vaccine and asked the government to explain why mandatory protocols and verification of data has been dispensed with.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
It would be realistic to see India's position on the DGMOs joint statement more as 'engagement, different from dialogue', where our subsequent options could be decided depending on the realities of the situation on the ground, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
International medal-winning Indian woman boxer Neeraj (57kg), who was among the probables for 2020 Tokyo Olympics, has been provisionally suspended after failing a dope test.
The feat was achieved days after the Indian Air Force successfully did a dry run of mid-air refuelling using the Russian-built IL-78 MKI tanker.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
Lavasa would soon be joining the Asian Development Bank as vice president
The move comes a day after China lifted the 76-day lockdown in Wuhan, where the pandemic originated. China's National Health Commission (NHC) on Thursday reported 63 new confirmed cases of the coronavirus, including 61 imported ones taking the total to 1,104 cases.
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