A GLOF occurred in parts of Lhonak Lake, leading to a rapid rise in water levels with very high velocities downstream along the Teesta River Basin in the early hours of October 4. This resulted in severe damage in Mangan, Gangtok, Pakyong and Namchi districts.
India has a huge untapped population which doesn't have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to smaller sectors akin to non-banks and microfinance institutions in lending, said Rakesh Joshi, member (Finance & Investment), Insurance Regulatory and Development Authority of India (Irdai). Speaking at the Business Standard BFSI Insight Summit, Joshi said, "Today, most of our insurance companies operate at a national level. There is arguably a case for having differentiated operations, which cater to niche sectors the same way we have non-banking financial companies (NBFC) and microfinance institutions in lending." "The capital requirement for niche players may not be as large as those having national ambitions. "Enabling these niche players, which require lower capital, will enhance the penetration in areas which hitherto had not seen traction from large players," he said.
The decision to create a separate window for IPL has played a massive role in qualitative growth of New Zealand cricketers, believes former seamer and current national selector Gavin Larsen. Another practical reason of having an IPL window is fear of attrition, considering that the cricketing talent pool in a country like New Zealand would be limited with a population of barely 5 million.
'The central BJP has worked out an arrangement -- Yogi manages the state while Modi manages the Centre.'
An investment of Rs 40,000 to Rs 60,000 crore (Rs 400-600 billion) will be required over the next five years to maintain the Indian average looking at the population growth," FeedBack Ventures President (Infrastructure Advisory Division) Monika Sood told reporters in New Delhi.
The government is nevertheless worried about continuing violence and the insurgents' strategy of triggering bomb blasts in commercial centres and crowded places. Shriprakash Jaiswal, minister of state for home, admitted that though the situation in the north-east, Jammu & Kashmir and even in some areas affected by Naxalite terror was under control, the level of violence continued to remain the same as before.
Doctors warn that overwork is leading to lifestyle diseases like diabetes and spondylitis.
It doesn't make sense to view the womb through the prism of religion, community and tradition, warns Shyam G Menon.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
'There is no reason to anticipate a drastic change in Canada's attitude towards Indian students.'
The Supreme Court on Wednesday protected four members of the Editors Guild of India against any coercive action till Monday in connection with two FIRs lodged against them in the state for offences, including promoting enmity between two communities.
The revised projection comes after a 17% rise in the April-June.
Taking note of India's 'growing influence' in global affairs, the United States has said the country will be a net provider of security in the Indian Ocean and beyond with the growth of its military capabilities.
Doggedly persisting with its much-criticised zero-Covid policy, China has slipped deeper into the coronavirus quagmire as it reported a record 31,444 infections on Thursday with many of its cities, including Beijing, resorting to community lockdowns to stem the virus amid worsening wintery weather.
India remains a young nation, but it will not get younger in future. India has not managed to noticeably improve education. Nor has it managed to create employment opportunities, observes Devangshu Datta.
Economic growth and strong offerings by computer assemblers will drive the demand for personal computers, expected to grow at 18 per cent, in the country in 2003, according to Gartner Dataquest study.
Eight cheetahs from Namibia were released into the park in September last year as part of an ambitious project to revive the extinct cheetah population in the country.
'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.
Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday unveiled the prototype of the world's first Bharat Stage (BS)-VI-compliant electrified flex-fuel car, developed by Toyota Kirloskar Motor. The car, which runs on 100 per cent ethanol (E100), is based on the Toyota Innova HyCross. It can cover 40 per cent of its distance on ethanol and the remaining 60 per cent on electric, with the petrol engine shut off.
When asked if the African cheetahs will adapt easily to the Indian habitat, she said that the species are adaptable and India has a history of their presence.
It may be a little early to cheer the recovery in the fast-moving consumer goods (FMCG) space as a deceleration in discretionary demand, after the festival season, may offset fragile rural recovery, analysts have cautioned. "The overall demand environment for staples remains muted, while discretionary demand trends have seen some deceleration after the festival season. "We believe margins in staples have bottomed out, but we expect only a gradual uptick with the ongoing softening in raw material prices.
Properties located between Santa Cruz and Andheri in north west Mumbai are currently available at Rs 50,000 to Rs 100,000 per square feet, while in Dubai luxurious, fully furnished, properties are available at Rs 34,000 to Rs 60,000 per square feet of carpet area in the best locations.
A prominent Hindu temple in Canada has been defaced by 'Khalistani extremists' with anti-India graffiti in an apparent hate crime, prompting the Indian mission in Toronto to condemn the incident and urge Canadian authorities to take swift action against the perpetrators.
'Unfortunately these programmes were not taken seriously by the bureaucracy and they were put on the backburner,' Bhairon Singh Shekhawat said.
This is the second largest decline in the world. In 2007, India had posted 22.7 per cent growth, the fastest in that year.
Singling out India and China for the impressive growth in recent years, the Human Development Report-2003 of the United Nations Development Programme says bridging regional variations is a key challenge that confronts the two large economies.
A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the United Nations said on Tuesday, highlighting the remarkable achievement by the world's most populous nation.
India's economic growth accelerates to 7.4% in Sept quarter
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
Eminent economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world's third-largest economy by 2027-28. Currently, India is the fifth largest economy "so it's another five years.We are already in (the year) 2023. "So 2027-28, India should be the third-largest economy," Panagariya, Columbia University Professor and former Vice Chairman of NITI Aayog, told PTI in an interview in New York.
When industrial output and inflation fall simultaneously, though it is both a piece of good and bad news, taken together they can signal clear signs of an economic slowdown.
The average age of an Indian by 2020 would be 29 years as compared to 29 years in case of China and 48 for Japan.
Standing by his remarks, Sakshi Maharaj had told the Commission that the statement was not made in a public or an election meeting but at a saints' conclave and hence could not be considered violative of the model code.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
The recommendation was for imposing a cess of Rs 60 a year for families above the poverty line and Rs 25 for families below the poverty line, its report said.\n\n
Indian companies are investing up to $600 million every year and creating jobs and contributing to the British economy.
