Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.
Prime Minister Narendra Modi on Tuesday met Myanmar's President U Thein Sein to begin a string of bilateral meetings with over 40 world leaders during his 10-day three-nation tour on the margins of key multilateral summits in Myanmar and in Australia and a visit to Fiji.
'Is India going to miss some more of its potential demographic dividend?' 'If so, it would be for two reasons: The demographic dividend can be fully exploited only if the people in the working age are actually working.' 'And second, if those working have proper education and skills, making them productive in the workplace.' 'On both counts, the country has fallen short,' points out T N Ninan.
'The prospect is of a self-confident and self-sustaining India will make it a more effective player in the global arena,' External Affairs Minister Dr Subrahmanyam Jaishankar points out delivering the Sardar Patel Lecture-2020: India and the Post-Covid World.
India said on Tuesday it views the 16-member forum of the East Asia Summit as an opportunity to create a regional architecture for cooperation and deeper integration in the Asia Pacific region.
The prime minister also visited the Ram Manohar Lohia Hospital in New Delhi after the milestone was achieved and interacted with hospital officials.
A total of 27,920 people have been cured of the disease with 1,685 in the last 24 hours, taking the recovery rate to 34.06 per cent, the ministry said.
Indian paddler G Sathiyan has qualified for his maiden Summer Games with a comfortable 4-0 win over Pakistan's Muhammad Rameez in the Asian Olympic Games Qualification Tournament in Doha.
'Social distancing, wearing masks and hygiene should be practised more strictly.'' 'People should not assemble in close spaces as the micro droplets may hang in the air and can last for a longer time.'
It is our only chance of avoiding a repeat of our catastrophic second wave, asserts Naushad Forbes.
'The PLA has continued to do exercises and drills and recently carried out air exercises with fighter jets.'
India women's team sealed their qualification for the 2021 ODI World Cup following the cancellation of their Championship round against Pakistan with the BCCI not getting government clearance to play against their arch-rivals. The India vs Pakistan round was scheduled to take place between July and November last year but was always subject to government clearance. Both teams will share points for the cancelled three-match series.
The prime minister said he would hold bilateral meetings, among others, with Philippines President Gloria Macpagal Arroyo, Chinese Premier Wen Jiabao and Vietnam's Prime Minister Nguyen Tan Dung.
"We often thought of terrorism as a peripheral problem for this region. The barbaric terrorist strikes in Paris, Ankara, Beirut, Mali and on the Russian aircraft is a stark reminder that its shadow stretches across our societies and our world, both in recruitment and choice of targets," Modi said in his remarks at the East Asia Summit.
The same bike is also owned by Brad Pitt, David Beckham, Tom Cruise and Ryan Reynolds.
Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
In a joint statement, the two armies said it was agreed to earnestly implement the important consensus reached by the leaders of the two countries and ensure that the frontline troops exercise restraint and avoid misunderstanding and miscalculation.
The Indian Army on Friday strongly insisted on early disengagement of troops by China from all the friction points in eastern Ladakh at the eighth round of corps commander-level talks between the two sides that primarily focused on a roadmap for restoration of peace and tranquillity in the region, according to people familiar with the developments.
India is likely to play a bigger role when the 10-member ASEAN and six other Asian nations meet in the backdrop of differences between China and Japan.
The results are based on epidemiological data collected up to third week in June 2020 and the researchers say a comprehensive evaluation will need to follow after the pandemic has subsided.
Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.
The Indian delegation at Thursday's talks is likely to be led by Naveen Srivastava, Joint Secretary (East Asia) in the external affairs ministry, they said.
'It has the potential to add half a trillion dollars to the economy over the next five years.'
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
Prime Minister Narendra Modi returned home on Thursday after a nine-day-three-nation tour of Myanmar, Australia and Fiji during which he had a range of international engagements.
Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.
They said stranded Indians in central Asia as well as in various European countries will be brought back home in the second phase of evacuation beginning May 15.
Mishra was one of the five finalists - one each from the United States, Europe, India and the Middle East, Asia, and Australia - who got a chance to showcase their take on wool for the Australian $100,000 prize.
The government has asked Indian ships sailing in the Malacca Strait and South East Asia to be 'extra cautious' and take necessary security steps in view of rising incidents of hijacking and robbery
As per the sources, the discussions between the two sides include pulling back tanks and armoured vehicles from their present positions, and some development in this regard is likely to take place in the next few days.
More than 8,000 women, a vast majority of them from overseas, including South East Asia, are working as prostitutes in flats, saunas and massage parlours in London and many of them are operating through escort agencies, a study indicated on Friday.
India's position on accession to the 1976 treaty has been consistently positive and would demonstrate its determination to cooperate in the maintenance of peace and stability in South East Asia, a spokesman said.
Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh on Thursday said the vast growth potential of India and these nations can be realised only by inculcating a "collective temper".
'The goal seems to be that we do not invest further in our system to make our system more accurate and more reliable or more global in reach,' an ISRO source tells Shivanand Kanavi.
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