Indian economy is expected to grow 10.5 per cent or more in the current fiscal, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Speaking at a virtual conference organised by the Public Affairs Forum of India (PAFI), he also said that modernisation of the retail sector is very much on the cards. "India Purchasing Managers' Index (PMI) for both manufacturing and services has shown a very smart uptick last month. "This (Indian economy) will strengthen even further," he said. "I expect Indian economy to grow 10.5 per cent or higher in FY 22," he noted.
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
To threaten China and Pakistan, and then to sharply cut back on military funding, bespeaks a remarkable trust in Beijing and Islamabad that is not borne out by anything they say or do, notes Ajai Shukla.
The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.
Singh also said that Indian troops are standing firm braving extreme weather and hostile forces to defend the country's territorial integrity.
Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.
Designed and built by China State Shipbuilding Corporation Limited (CSSC), the frigate was delivered to the Pakistan Navy in a commissioning ceremony in Shanghai, according to Global Times.
US Secretary of State Antony Blinken said that the United States is calling on all nations not to have major weapons transactions with Russia. He made these marks after the conclusion of the 2+2 Ministerial Dialogue between the defence and foreign ministers of India and the United States.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.
The plan to phase out the Soviet-origin aircraft fleet is part of the IAF's modernisation drive and it is not related to the latest crash of a MiG-21 jet in Rajasthan's Barmer on Thursday night.
The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.
He may have been hailed as The Great Reformer in nations elsewhere, but in his motherland, Mikhail Sergeyevich was a hate figure for his policies ending the chimera of Russian dominance in the world.
In his speech during the Army day parade, he also said that there has been 44 per cent increase in ceasefire violations that reflects Pakistan's sinister design.
"We have long witnessed unfortunate attempts to employ force to change the status quo at our unresolved borders", Singh said at the inaugural ceremony of Aero India-2021, the country's premier Defence and aerospace show, at Yelahanka Air Force Station in Bengaluru.
In this round, the market has won. But it is still for Gautam Adani to decide whether he has lost or not, argues Shekhar Gupta.
'On the LAC, China can undertake military action at any place with much fewer resources. It can do 'salami slicing'.'
A new military rank system had been introduced for the PLA, but all soldiers must always obey the Communist party, reveals Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
A multi-functional facility, equipped with 36 specially designed vaults for storage of Electronic Voting Machines and VVPATs, was on Friday inaugurated by Chief Election Commissioner Sushil Chandra in Delhi, officials said.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.
This is an increment of about 0.50 per cent compared to the last budget.
The Union Cabinet on Wednesday approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production. Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips forms a crucial part of electronics. Outlining the details of the scheme, he said the Rs 76,000 crore programme has been approved for the development of semiconductors and display manufacturing ecosystem.
The conclave will be held at the national capital from April 18-22 and will be chaired by Army Chief Gen MM Naravane.
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
He said the country needs to have "zero tolerance" for corruption in the administrative ecosystem and this would work for the idea of a developed India.
The only thing that might justify a response is the desperate state of Pakistan's economy and how its people are suffering. But it's better to be heartless for now, argues Shekhar Gupta.
Biden, while not ruling out the meeting Putin at G20 meet, said that there are conditions attached.
The commander said the situation in the region has been stable and no major "changes or palpable shift of stance has been noted" even as the Indian and Chinese troops are engaged in a stand-off in Demchok and Depsang in eastern Ladakh.
Addressing the centenary celebrations of the Communist Party of China at the historic Tiananmen Square, Xi in over an hour-long address also said that integrating Taiwan with the Chinese mainland is a historic mission of the ruling party.
Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, saying it will help phase out unfit and polluting vehicles and also promote a circular economy. The policy will give a new identity to India's mobility and auto sector, Modi said in a video address to the Investor Summit held to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Programme.
Law Minister Kiren Rijiju on Saturday claimed that a few retired judges and some activists who are 'part of the anti-India gang' are trying to make the Indian judiciary play the role of the opposition party.
India's largest private port operator Adani Ports and SEZ (APSEZ) Ltd has emerged as the highest bidder for the West Bengal government's greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group, a source said on Friday. APSEZ and Sajjan Jindal-led JSW Group were the only two entities that took part in the financial bid round, though there were more port and logistics majors who had expressed initial interest in the estimated Rs 7,000-crore project in Purba Medinipur district. "APSEZ is the highest bidder, offering a share of 0.25 per cent of gross revenue. "It was marginally higher than the second bidder who offered 0.23 per cent," a senior government official said, without wanting to be named.
China remains a "formidable challenge" that has increased its presence not only along India's land borders but also in the maritime domain, Navy Chief Admiral R Hari Kumar said on Tuesday and asserted that the naval force keeps a regular watch in the Indian Ocean Region.
India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
'Rakesh's life is hard, but he knows how to find joy.' 'He doesn't think his life's value comes from money. He sees no shame in his poverty.'
With Fujian, China's third and most advanced aircraft carrier, having started sea trials last week, the PLA needed at least 200 qualified carrier-based fighter jet pilots to operate 130 ship-borne aircraft.
He said that those who have surrendered and returned to the mainstream are being rehabilitated by both the central and Assam governments and they will participate in the development journey of the state.
The Southeast Asian nation has been focusing on modernising its military in the face of myriad security challenges as well as decades-long territorial disputes with China in the South China Sea.
Defence Secretary Lloyd Austin on Thursday directed that the aircraft carrier USS Ronald Reagan and the ships in her strike group will remain on station in the general area to monitor the situation.
