Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
Whether it liked it or not, the Ukraine crisis forced India to choose between the aggressor Russia and the US-led free world, a decision it hated to make, Virendra Kapoor points out. In the end, it abstained from the vote in the Security Council.
The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank's (NHB) Housing Price Indices (HPIs) are a broad measure of movement of residential property prices observed within a geographic boundary. The NHB-RESIDEX captures two housing price indices -- HPI@ Assessment Prices and HPI@ Market Prices - Under Construction Properties based on the data available for 50 cities with quarterly updation.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
Neither Biden nor his successors can any longer ignore the threat China has come to pose to the US in both economic and military fields, observes Virendra Kapoor.
Amid deepening crisis in Afghanistan, United States President Joe Biden defended his move to withdraw troops from the country, saying history will record this as a 'logical, rational, and right decision'.
52 world leaders, including Narendra Modi, will attend this week's Nuclear Security Summit in Washington, DC. Obama will meet separately only with the Chinese president.
'The recent correction in indices has made the markets cheaper to invest for the long term.'
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
HR Guru Mayank Rautela offers practical advice.
Over the past few days, the Biden administration has been reaching out to its friends and allies to support it against Russian aggression in Ukraine.
The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis. The ECLGS was the second-biggest component of Rs 21 lakh crore comprehensive package announced by Finance Minister Nirmala Sitharaman last week.
'India would not like to see Pakistani domination and tutelage of Afghanistan against Indian security and economic interests.'
'It is time we Indians learnt to believe in ourselves, and stopped questioning our own capabilities every time a space launch is not a glorious success,' says M D Riti.
Pakistan in a letter to UN Security Council 1267 Committee has contended that Hafiz Saeed supports a family of four members, as a sole supporter, he is responsible for food, drink and clothes expenses for all family members.
Mullah Muhammad Hassan Akhund is appointed as Prime Minister with two deputies Mullah Abdul Ghani Baradar and Molavi Abdul Salam Hanafi.
He was discharged for want of sanction for his prosecution.
Suu Kyi also was expected to meet other US officials including Secretary of State John Kerry and senior members of Congress.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
The Saudi and Iraq offer to replace Iranian crude supplies comes with a catch: Higher prices for the same quality of crude. The new government will face a tough decision over fuel price hike, says Aveek Sen.
'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'
'This is a good time to restructure your portfolio because the sectors and stocks that performed in the last bull market may not perform as much now.'
There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.
Prime Minister Narendra Modi will visit the poll-bound states of Assam and West Bengal on Monday to launch and lay the foundation stones of several projects.
Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
Secretary of State Mike Pompeo announced the move, saying he was carrying out President Donald Trump's orders. "Today, I am announcing visa restrictions on current and former CCP officials who are believed to be responsible for, or complicit in, undermining Hong Kong's high degree of autonomy, as guaranteed in the 1984 Sino-British Joint Declaration or undermining human rights and fundamental freedoms in Hong Kong," Pompeo said.
She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
A UNSC designation will subject Azhar to an assets freeze, travel ban and an arms embargo.
This month, advertisements for managing directors and the senior management team for the National Bank for Financing Infrastructure and Development or NaBFID, should be out, signalling the start of a financial institution (FI) like no other the country has ever had. For this and other reasons government managers associated with the NaBFID project are convinced it should remain a 100 per cent government-owned entity. This is somewhat different from what former economic affairs secretary Tarun Bajaj said when the NaBFID Bill was being tabled in Parliament earlier this year: "To begin with, it will be 100 per cent government owned.
Chinese Foreign Ministry spokesman Geng Shuang said that Washington's move only complicates the issue.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
Trump said the summit ended with no agreement because he was not willing to lift all the sanctions on North Korea.
European soccer's governing body UEFA on Monday said clubs and players joining the proposed breakaway Super League could be banned from all of its competitions and the World Cup as it condemned a "disgraceful and self-serving proposal".
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
The United States and European Union have slapped tougher and "wide-ranging" sanctions on Russia, targeting its energy, finance and defence sectors for its continued support of separatists in Ukraine.
The UN decision came after India provided detailed evidence about Saeed's activities.
This is the third time that the two leaders are coming face to face, the last meeting being in May at Hanoi.
Rouhani, who is on his maiden visit, will meet President Mamnoon Hussain and Prime Minister Nawaz Sharif on Saturday and will discuss cooperation on regional and international issues of mutual concern.
China has demonstrated that it has the power to not be isolated, and it is likely to become more powerful over time.
