Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
Netflix has announced a thrilling line-up for 2025.
United Nations leaders and agencies have welcomed the entry of a humanitarian aid convoy into Gaza via the Rafah border crossing with Egypt but noted that it is only a small beginning, still far from enough and reiterated their appeal for an immediate ceasefire.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
High economic growth rates have failed to improve food security in India leaving the country facing a crisis in its rural economy, the United Nations World Food Programme warned.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Prayagraj is transforming into a massive temporary city to host the Maha Kumbh, the world's largest religious gathering, expected to draw over 40 crore pilgrims. The preparations include extensive infrastructure development, including 160,000 tents, 150,000 toilets, and a 1,250-km pipeline network. The event, starting on January 13, will culminate on February 26, bringing together millions of devotees for the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers.
The grant will make funds available immediately for relief operations and enable several UN agencies, including the World Food Programme, the UN Children's Fund and the UN Food and Agriculture Organisation, to provide food, shelter, water and sanitation. Citing government statistics, the UN Office for the Coordination of Humanitarian Affairs said that over 2,400 people are dead and 1,500 missing after Cyclone Sidr. Over 273,000 houses, 760,000 acres of crop were destroyed.
'The critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
India's Permanent Representative to the UN Ambassador T S Tirumurti said India remains on the side of peace.
A suicide bomber struck a World Food Programme distribution centre in the restive Bajaur tribal region of northwest Pakistan on Saturday, killing at least 40 people and injuring 72 others.
At least four people, including an Iraqi national and two women, were killed and six injured on Monday when a suicide bomber disguised as a security officer struck at the UN food agency's office here, amid Taliban's warning of launching fresh strikes in Pakistan to avenge US drone attacks against them.
'Given that they are playing at home and will have full crowd support, India, who are in peak form and whose morale is high, will be the favourites.'
At least 20 people were killed and 50 others injured on Saturday in two back-to-back blasts that struck a camp set up for those displaced by anti-militancy operations in northwest Pakistan.
As a panel of senior ministers deliberates on the need to review curbs on exports of some rice varieties, data shows that since outbound shipments saw restrictions in July-August last year, the non-basmati segment has suffered more than basmati exports. Sources said the panel is expected to soon deliberate on a few suggestions to ease the export curbs on some rice varieties due to higher-than-required stocks in the central pool. The panel, some observers feel, may also postpone the decision to ease the export curbs till a firm picture emerges on the latest kharif paddy sowing.
Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well. Speaking at the Financial Express Best Banks Awards, the finance minister said, "I strongly recommend that facts are taken on board before we discuss anything to do with the regulators, strictly speaking."
A well-balanced lifestyle is the cornerstone for people living with diabetes and those at risk, recommends Shilpa Joshi, head of Metabolic Nutrition, Fitterfly.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
'Three manufacturing sectors can create jobs by the million: Apparel, food, and electronic assembly.' 'Let's talk to them and ask them what it would take to scale by a factor of ten,' suggests Naushad Forbes.
The Taliban dispensation in Afghanistan has said that India will resume work in at least 20 stalled projects in several provinces across the war-torn country.
The use of a woman suicide bomber by the Taliban to target a United Nations aid centre in Pakistan's restive tribal belt represents a fresh challenge as security forces will have to find ingenious ways to avert more such attacks, experts said on Sunday.
The interactive vocabulary game allows a player 20 grains of rice for each correct answer. The money raised through advertising is used to underwrite rice donations. Thus it allows children simultaneously to bolster their vocabularies and help feed world's hungry children. With between 3 lakh and 5 lakh people playing it daily, it has generated 21 billion grains of rice for WFP.
It's important to take breaks, spend time with loved ones and engage in activities like yoga or meditation to help relax and relieve stress.
The BCG project, which is supported by the United Nations' World Food Programme, the government of India and the government of Orissa, involves scanning finger prints and the iris for preparing biometric cards for a population of around 1 million. Srijan Pal Singh, an IIM-A student, who is part of the project, says the biometric cards will be filtered through a super computer to avoid duplications.
The United Nations on Monday closed all its offices across Pakistan after a suicide attack on a World Food Programme office in the heart of the federal capital killed four persons, including an Iraqi national. UN spokesperson Ishrat Rizvi had told reporters that all UN offices in Islamabad and the nearby garrison city of Rawalpindi had been closed. Rizvi said the UN will attempt to continue its operations, including humanitarian relief programmes.
Announcing a partnership between the UN World Food Programme and the Millenia Villages Project, WFP chief Josette Sheeran said, "Hunger is on the march and is right now the most threatening Millennium Development Goal".
India is looking at massive agri-business opportunities in war-ravaged Iraq, including those for sale of wheat, rice, tea and sugar, the commodities
'We can hope to see a lot of creation of jobs in the days to come.'
More than 50,000 people in remote parts of the country would be affected by this decision.
Due to political uncertainty following the collapse of the former government to the Taliban, the United Nations High Commissioner for Refugees (UNHCR) on Saturday estimated that 500,000 Afghans will leave the country in the next four months.
When will the world deal with the Rohingya crisis?
The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.
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.
Russia and Ukraine agreed last week to allow critical food supplies to flow to millions of impoverished people facing hunger worldwide.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
India has defended its decision to ban export of wheat and rice at a WTO meeting even as some member countries have flagged concerns over the country's stand, an official said. At a meeting last week in Geneva, Senegal, the US and the European Union raised questions over this decision, stating it could have adverse implications on global markets. In May, India restricted export of wheat to enhance domestic availability.
Ahead of the Chhattisgarh Assembly elections last year, Prime Minister Narendra Modi visited Dongargarh, a popular pilgrimage spot, and met Acharya Vidyasagar Maharaj on November 5 and took his blessings.
Ramnaresh Sarwan foresees a mass exodus of the Caribbean players to mainland America where the game has got a major push with hosting of the T20 World Cup.
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