By Dr. Gyan Pathak G20 has made a history to agree on working together to ensure ultra-rich are taxed effectively, even after the United States dismissed the need for an international accord on the matter for now. The agreement was reached on July 25 at a meeting of G20 finance ministers in Rio de Janeiro. […]
By P. Sudhir The Indian economy is at a critical cross-road, where the GDP growth is in no way boosting the employment generation capacity. Even within the jobs created, 57.3 per cent are self-employed, 18.3 per cent are unpaid household workers and more than 45 per cent are employed in agriculture. The Production Linked Incentive […]Arabian Post Staff Cybersecurity firm KnowBe4 has encountered a significant breach following a controversial hiring mistake. The company, known for its employee security training and simulated phishing attacks, inadvertently brought on board a hacker with alleged ties to North Korea. This lapse has led to an infostealer attack that compromised sensitive company and client data. The hacker, whose identity has not been officially disclosed, was reportedly hired […]
By K Raveendran Finance minister Nirmala Sitharaman has provided a theoretical framework, explained in the acronym EMPLOYMENT, for her budget formulation: E for Employment and Education, M for MSMEs, P for Productivity, L for Land, O for Opportunity, Y for Youth, M for Middle Class, E for Energy Security, N for New Generation Reforms, and […]
By Nantoo Banerjee The annual government budget is all about the expenditure and its direction. Income is generated generally through tax and non-tax revenues and borrowing to take care of the expenditure. Normally, the expenditure part comprises seven main aspects – the government’s own maintenance cost, defence, healthcare, social security, education, elderly care, and debt […]
By Arun Srivastava The battle for dominance between Uttar Pradesh Chief Minister Yogi Adityanath and his deputy Keshav Prasad Maurya, believed to be the protégé of the Modi-Shah duo, is only the prelude; the ‘big fight’ is between Prime Minister Narendra Modi and RSS chief Mohan Bhagwat for the ‘Hindu Hridaya Samrat’ crown, though post […]
By D.L. Lang OKEMAH (USA): The revolutionary spirit of Woody Guthrie permeates his birthplace of Okemah, Okla., where the 27th Annual Woody Guthrie Folk Festival was held July 10-13. There attendees celebrated Woody’s 112th birthday, and modern musicians added their voices to the folk canon. A sense of camaraderie flowed throughout the festival as musicians […]
By L.S. Herdenia BHOPAL: The Madhya Pradesh units of both the BJP and the Congress have decided to initiate massive reforms in their respective organisations. The BJP has been asked by the RSS to apprise Congress leaders, who have joined the BJP, of the saffron party’s style and culture. This message was given by Arun […]
By Pradeep Kapoor LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath and BJP played aggressive Hindutva card by asking the shopowners of districts from where kanwariya yatra is taking place keeping by-elections for 10 assembly seats in the state in mind . Although Supreme Court has stayed the order of Yogi Adityanath government asking the shopowners […]
By Anjan Roy Nirmala Sitharaman’s budget presented to Parliament on July 23 is a deeply political statement post the polls, containing though sound economic logic as well. As it is by now amply clear to the public, the Union finance minister, has laid out a development budget for Bihar and partly for Andhra Pradesh, while […]
By Dr. Gyan Pathak Taking lessons from the outcome of Lok Sabha Election 2024, Prime Minister Narendra Modi led government has made a clever move for the next generation of economic reforms in the Union Budget 2024-25, which forms the core of the budget though mentioned as the last of the nine priority areas it […]
By Kalyani Sankar The United States could elect its first female President in 248 years. As America celebrated its birthday on July 4, it’s important to note that the country has never had a woman as its head of state. Hillary Clinton almost won the Presidency but ultimately failed. The uncertainty surrounding the Democratic Party’s […]
By K Raveendran Finance Minister Nirmala Sitharaman stepped up to her budget rostrum in the Lok Sabha with a resolute demeanour, a symbolic gesture marking the unveiling of what many had anticipated as a transformative federal budget for the fiscal year 2024-25. Yet, what unfolded before the nation on July 23 was not a conventional […]
By Kalyani Shankar The Bharatiya Rashtra Samithi, formerly the Telangana Rashtra Samithi, sets itself apart from other declining political parties. Led by the ambitious K. Chandrasekhar Rao, or KCR, the party’s national expansion has been marked by setbacks, including its failure to retain power in Telangana. This fate is shared by many political parties and […]
Arabian Post Staff -Dubai Emirates President Tim Clark has expressed concerns about the delivery timeline of Boeing’s 777X aircraft, projecting a delay until 2026. This adjustment stems from continuous development challenges and regulatory hurdles faced by Boeing. Clark’s statement, made during a media interaction, highlights the ongoing issues that have plagued the much-anticipated aircraft model. Clark revealed that Boeing’s progress on the 777X has been slower than […]
By Dr. Gyan Pathak Economic Survey 2023-24 does present a rosy picture of India’s growth story and recognizes the short-term prospect as good, but does not fail to flag several areas of concern that require clear forward-look vision for better prospect in the long term. It underscored the pressing needs for comprehensive reform in agriculture. […]
Arabian Post Staff -Dubai Dubai-based GEMS Education has finalized a substantial $3.25 billion financing agreement to enhance its global educational operations. This deal, one of the largest in the education sector, will support GEMS in expanding its portfolio and investing in new technology and infrastructure across its network of schools. The new financing will primarily be used to bolster GEMS’ capabilities in its existing markets and facilitate […]
Arabian Post Staff The Louvre Abu Dhabi has achieved a significant milestone by attracting five million visitors since its inauguration in 2017. This remarkable achievement underscores the museum’s growing influence as a global cultural destination and its role in fostering cross-cultural dialogue. The museum’s success highlights its appeal and the broader cultural significance of its exhibits. Situated on Saadiyat Island, the Louvre Abu Dhabi is a collaborative […]
Arabian Post Staff Vice President Kamala Harris’ recent activities and policy positions have ignited speculation about their potential ramifications on the health care sector, especially regarding stock market performance. Her focus on expanding access to health care and advocating for reforms could shape investor sentiments and impact health care stocks significantly. Harris’ stance on health care is rooted in her support for expanding the Affordable Care Act […]
By Arun Kumar Shrivastav The student protest in Bangladesh over job quotas has taken a deadly turn, with more than 100 students reportedly killed by police and security forces. Despite the government’s suspension of the controversial job quota decision, there is no sign of the protests abating. Students from across the country continue to take […]
By Arun Kumar The Reserve Bank of India (RBI) decided to pay a record dividend of Rs 2.11 lakh crore to the Union government for 2023–24. Last year it paid Rs 87,416 crore. This is 0.64 percent of India’s Gross Domestic Product (GDP) and helps the Union government reduce its budgeted fiscal deficit of 5.1 […]Arabian Post Staff Shawn Henry, the president of cybersecurity firm CrowdStrike, has stirred controversy with his recent testimony, casting new doubts on the integrity of investigations into Russian interference in the 2016 U.S. presidential election. Henry’s statements, given under oath, have prompted scrutiny regarding whether key players, including Special Counsel Robert Mueller and various intelligence officials, may have misled the public about the extent of Russian involvement. […]
By P. Sreekumaran THIRUVANANTHAPURAM: It would have been a strong contender for the best joke of the year award but for the sheer hypocrisy and shamelessness that animated the claims. The reference is to the brazen Congress attempt to claim credit for the Vizhinjam international transshipment port project. The party, which opposed Kerala’s dream project […]
By Sushil Kutty Changing names is a national pursuit. Shopkeepers and restaurateurs have been routinely using certain namesakes for their businesses to make a killing during key seasons. At another level, the romantics have been faking monikers for the easy access it gave them into lonely hearts. That this pursuit has been called ‘Love Jihad’ […]
