Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
rediffGURU T S Khurana answers readers' personal income tax queries.
'India is using Hasina to warn the Yunus government because there is a ground support for the Awami League in Bangladesh.'
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'
'The local support from our MP is nil. He never comes to see our farms.'
Union Home Minister Amit Shah asked the opposition on Monday to allow a debate on the Manipur issue to begin in Parliament but the deadlock persisted in Lok Sabha and Rajya Sabha as both sides refused to budge from their stand, with Congress and its allies insisting on a statement from Prime Minister Narendra Modi first.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
A field hospital set up by the Indian Army in Hatay province of quake-ravaged Turkiye has become operational with surgical and emergency wards to provide succour to the affected people, days after a 7.8-magnitude earthquake and several powerful aftershocks hit that country.
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.
The govt said the onus is on Pakistan to create such a conducive atmosphere, including by taking "credible, verifiable and irreversible" action to not allow any territory under its control to be used for cross-border terrorism against India.
'We've never really been in the situation of having a difficult time with the Chinese and an increasingly difficult time with the Russians along with a relationship with the Americans which is important.'
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
'The Indian Army is fully prepared for a long and permanent deployment if the PLA does not retreat.'
'The impact of economic shocks on the labour markets is usually on the young who delay their entry in response to a fall in job opportunities,' says Mahesh Vyas.
The plucking of dussehri, which will hit the shelves next week at 50% premium, started late this season, because of poor crop and adverse weather conditions, including hailstorms, in the orchards of Malihabad.
Of the 23 million visas processed by VFS in 2017 calendar year, one fifth were in India, making it the company's biggest market.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
'Extravagant new promises can buy him time, but far from solving the problem, they compound the risk.' 'His main alternative is to stress not aspirations, but resentments.' 'He has already de-emphasised aspirational appeals: Nothing has been heard for over two years of the coming of achhe din,' points out James Manor.
India has the second-largest user base for LinkedIn after the US. The US-based company, which has over eight per cent of its global user base of 332 million from India, is looking at expanding its product development team in the country, Michael Korcuska, vice-president of product management at LinkedIn told Business Standard.
Modi government expects cargo traffic at its ports to jump by two-thirds by 2021 as India ramps up exports of goods including cars and other machinery.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
'His secretary of defence nominee, General James Mattis, says he expects Pakistan to take action against terrorists operating from its soil.' 'Any pressure the US can bring on the Pakistani regime terror-wise would pay dividends for India.'
'The sadhus and sanyasis of UP are not for any economics.' 'They only know the religious agenda and the RSS will support them.' 'Modi does not have full control of the party at the ground level like Indira Gandhi had.'
In 2015, India chemicals industry had a market size of $144 billion.
'India is a major target for ISIS and Al Qaeda because it has a very large Muslim Diaspora, regular conflicts with a Muslim country and experiences violent clashes between Hindus and Muslims on a regular basis.' 'This provides for a very stable breeding ground for jihadist radicalisation and recruitment.'
New Delhi must indicate to Afghan President Ashraf Ghani that it has a long-term strategy for his country. It should point out that Pakistan's present Afgan policy will destabilise Afghanistan and help Islamic State, says Gautam Sen.
'China's excessive military aid to Pakistan is the real elephant in the room as far as Sino-Indian relations are concerned. India should be confident enough to accept a degree of closeness between China and Pakistan, since China may wish to use this link for its foray into the Muslim world.' 'But the Chinese must be realistic enough to know that as time passes, the tactic of using Pakistan as a proxy to check India will yield diminishing returns. The US tried it for 60 years but failed, so will China,' says Colonel Anil A Athale (retd).
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