Pakistan Muslim League-Nawaz president and Leader of Opposition in National Assembly Shehbaz Sharif, 70, who is the Opposition's candidate for the new prime minister, will announce his possible government priorities after taking the oath.
'India's manufacturing will take 10-15 years to catch up with China.'
After a busy day in Stockholm, Sweden, Prime Minister Narendra Modi is in the United Kingdom on Wednesday. PM Modi is in London to attend the Commonwealth Heads of Government Meeting. The PM will also have a top-level meeting with Britain's Prime Minister Theresa May as well as a meeting with Queen Elizabeth II at the Buckingham Palace. Here's a glimpse of NaMo's busy English day.
External Affairs Minister Jaishankar on Wednesday described the second wave of the Covid-19 pandemic as an "all consuming" challenge posed by a virulent strain of coronavirus and welcomed the enormous goodwill from countries around the world as a sense of solidarity in diplomacy.
The Indian troops guarding the nearly 3,500-km Line of Actual Control (LAC) maintained an assertive approach in sync with the broader national security doctrine and procured a variety of military platforms and weapons to enhance their combat capabilities.
Rahul Bajaj was transparent, outspoken, and not ready to bend the rules, says R C Bhargava.
Once a difficult market to crack, in recent years, China has relatively opened up its drug market, enacting reforms and speeding up approval time.
"Our mission in New York (at the UN headquarters) is trying to break the long-standing deadlock over reform, and we will continue with our efforts to persuade Governments that India should have a permanent seat on the Security Council -- alongside Brazil, Japan and Germany, and that there should be representation from Africa," Minister for the Middle East Kim Howells told Labour lawmaker Ashok Kumar in the House of Commons in London on Wednesday.
Ramesh sought to uphold the "prominence" of the Nehru-Gandhi family in the organisational matters in any sort of emerging situation.
Foreign Direct Investment (FDI) is critically important for India to become a $5 trillion economy, Deloitte CEO Punit Renjen said while noting that over two-fifths of the 1,200 business leaders surveyed in the US, UK, Japan and Singapore are planning additional or first-time investments in India. Referring to the survey, he said India continues to be "one of the most attractive" FDI destinations. "Despite the COVID-19 destruction, inflows hit a record high last year. "Business leaders, whom Deloitte surveyed, are preparing to make additional and first-time investments in India," Renjen said.
Reportedly insists on no loan guarantee if the government is not allowed any say in the company's future.
Addressing the UNGA plenary session Clegg called for enlarging the Security Council 'to make up for the failure to fully face new challenges posed by a global map' that has radically changed since the world body was founded 65 years ago.
External affairs minister S Jaishankar on Tuesday discussed issues relating to Afghanistan and the Indo-Pacific during his bilateral meetings with global counterparts on the sidelines of the annual high-level UN General Assembly session.
India's bid for a permanent seat in a reformed United Nations Security Council has received a strong support from many UN member states, including the UK and France, who emphasised that the the world body's top organ must reflect the emergence of new global powers.
The UK voted to leave the European Union after 43 years.
The Indian economy requires a Rs 3 lakh crore fiscal stimulus, including cash transfer to households through Jan Dhan accounts to spur economic growth amid the pandemic, industry chamber CII said on Thursday and pitched for appointment of a 'Vaccine Czar' for speedy vaccination coverage. CII president T V Narendran also said the chamber expects GDP to grow at 9.5 per cent in 2021-22 as the strong growth in the second half of the fiscal year will be supported by robust external demand and large-scale coverage of vaccination, allowing resumption of economic activity. He also advocated for appointment of a "Vaccine Czar" for speedy vaccination coverage.
Why does the world's fastest-growing major consumer of energy fail to attract investments in oil and gas? This is a question worth pondering after private sector conglomerate Reliance Industries Ltd (RIL) failed to close a $15-billion downstream asset deal with Saudi Arabia's national oil company, Aramco. It's understandable if multi-billion dollar investments in oil and gas projects or deals involving state companies that need to traverse a complex bureaucracy at state and federal levels and the corridors of ministries unravel. However, Mukesh Ambani-run RIL, India's most successful energy company, is not typically known to fumble on closing deals (Ambani closed deals worth around Rs 2 trillion early last year in telecom and retail with blue chip investors).
A significant 71 per cent of India's CEOs are very confident of their companies' growth in the next 12 months, a 7-point increase over last year's and 33 points above this year's global average (38 per cent).
In a significant move, markets watchdog Sebi on Tuesday decided to implement the requirement to separate the positions of chairperson and managing director at listed companies on a voluntary basis and not make it mandatory for now. The development also comes against the backdrop of Finance Minister Nirmala Sitharaman recently saying the regulator should hear if Indian companies have a view on the matter even as she made it clear that she was not "giving a diktat". The top-500 listed entities were required to split the roles of chairperson and managing director/chief executive officer before the April 2022 deadline.
'The skills and abilities of civil servants are still respected, even though they become whipping boys when things go wrong.'
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
The conference by the think tank Open Europe and the Fresh Start group of MPs came in the wake of growing demand for the British Parliament to block EU laws.
A 14-member CEOs' delegation, led by Sunil Kant Munjal, President, CII, will embark on a mission to the UK from June 29 to July 1.
The voting share of India in IMF would increase to 2.6 per cent from 2.34 per cent.
Khan said Islamabad has taken the first step on a new path to peace and progress.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'
A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.
Former Union minister Suresh Prabhu would be India's Sherpa at the 14th meeting of the world's top economies in Osaka, Japan.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Kapil Sibal, a prominent member of the Congress's group of 23 leaders who wrote to party chief Sonia Gandhi seeking organisational overhaul last year, on Thursday slammed fellow letter signatory Jitin Prasada for crossing over to the Bharatiya Janata Party and said it represented politics of "prasada" or personal gains.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.
'He will consolidate the Russian hold over the Eastern Russian majority provinces in Ukraine and quickly withdraw from the rest of Ukraine.' 'At all costs, the Russians should avoid attacking and capturing urban areas, else they risk getting into a quagmire,' cautions Colonel Anil A Athale (retd).
Pakistan has objected to the exclusion of Jammu and Kashmir from a list of disputes under the observation of the Security Council in a speech made by UK's top diplomat in an annual debate on UNSC reforms in New York.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Indian companies are investing up to $600 million every year and creating jobs and contributing to the British economy.
After two decades, the SCO appears to be at a cross-roads with the US withdrawal from Afghanistan, asserts Srikanth Kondapalli, the leading China expert.
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
