Category: World

NEW DELHI: Lenders have asked the government for access to income tax returns through National Securities Depository (NSDL) to help validate declarations made during loan applications, people familiar with the development told ET. Banks speak of multiple instances when applicants have declared inflated or fake income details with forged documents. That has led to fraud, […]

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The Indo-Pacific Economic Framework’s (IPEF) Supply Chain Resilience Agreement (Pillar 2) is probably the fastest-concluded plurilateral economic cooperation agreement, which Commerce Minister Piyush Goyal signed on November 14. India along with 13 other countries (Australia, Brunei Darussalam, Fiji, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Vietnam) are […]

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NEW DELHI: Foreign direct equity investments into India fell by 24 per cent to $20.5 billion during the first six months of the financial year 2023-24 in comparison to a year earlier, according to data released by the industry department on Tuesday. While the government did not officially cite any reason for a sustained contraction

NEW DELHI: Despite the ban on wheat and restrictions on rice exports, India’s overall food exports are still going strong on the back of strong pick-up in shipments of fruits and vegetables. The government is developing protocols for transport of these products through sea to grab a larger share of the market, a senior official […]

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NEW DELHI: The government is looking at easing lending norms for new coal-fired power stations as it doubles down on the most-polluting fuel to meet a sharp uptick in electricity demand, amid reports that France and the US are preparing to propose a ban on private funding for coal at the forthcoming COP-28 climate meet. […]

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By Dr. Gyan Pathak Direction in which politics in India is moving, we may witness much more surprises than the one which Enforcement Directorate’s seizure action worth Rs 752 crore property on November 21 has brought. The properties are linked to years old National Herald case which is already in court under a judicial process. […]

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By Arun Srivastava Senior RSS leaders have conveyed their annoyance in no uncertain terms to their chief Mohan Bhagwat about the functioning of Prime Minister Narendra Modi and urged him to look for a replacement in the greater interest of the BJP and the philosophical and political mission of the organisation. For long, these leaders […]

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By Sushil Kutty Mohammad All Jinnah got his wish and Pakistan was created at the expense of India, which lost territory. Jinnah won Pakistan on the back of the two-nation theory. But the trifurcation of India did not put an end to the two-nations within India. The point is, India remains two nations even 76

By Satyaki Chakraborty The Latin American politics is once again witnessing a big turmoil with the left wing resurgence in 2021 and 2022 getting a big setback at the fag end of 2023 as two countries Argentina and Ecuador elected right wing Presidents as against the strong left candidates. For Left, the defeat in

Stooping to a new low, Congress leader Rahul Gandhi said “PM means Panauti Modi”, insinuating that Prime Minister Narendra Modi brings bad luck. His comments infuriated the Bharatiya Janata Party that called his statement “shameful and disgraceful” and demanded an apology. Addressing a rally in Rajasthan’s Balotra on Tuesday, ahead of the November 25 assembly […]

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e row As the Winter Session of Parliament inches closer, all eyes are on the future of Mahua Moitra. The ethics committee report recommending Moitra’s disqualification as MP and further investigation into allegations of compromising national security by sharing her Parliament account log-in has been shared with the Speaker. Sources say the Speaker is unlikely […]

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Samajwadi Party national president Akhilesh Yadav on Tuesday said that after 2024 Lok Sabha polls there will be a “big change” in the country and ‘samajwadis’ will play an important role in it. “After 2024, there will be a different kind of change in the country and samajwadis will play an important role in it. […]

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The BJP on Tuesday accused the Congress of putting out advertisements in the form a news or opinion piece about a wave in its support in the Rajasthan assembly polls and demanded action from the Election Commission against the state’s ruling party. A BJP delegation, which included Union minister Mansukh Mandaviya and former minister Ravi […]

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Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7, both sides announced Wednesday. Israeli Prime Minister Benjamin Netanyahu’s cabinet approved the accord after a near-all-night meeting, in which he told reticent ministers this was a “difficult decision but it’s a right decision.” […]

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The Congress party has released a manifesto for the upcoming high-octane Rajasthan polls scheduled to happen later this week. The manifesto was released by Congress chief Kharge alongside Rajasthan Chief Minister Ashok Gehlot and other top Congress leaders. One of the most important highlights in the manifesto is the Rajasthan government’s pledge to undertake a […]

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Nine months ago, a warm handshake in the old Parliament building made heads turn. A bearded Rahul Gandhi smilingly asked CPIM General Secretary Sitaram Yechury, “How are you, sir?” The CPIM boss gently patted his hand to counter the question, “How are you, boss?” The two shook hands that day like many teenagers do to […]

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Alleging that Telangana Chief Minister K Chandrasekhar is ”number one in corruption” in the country, Union Home Minister Amit Shah on Monday said the BJP would conduct a probe into the BRS government’s ”corrupt deals” if it comes to power in the state and put those who indulged in corruption behind bars. Addressing a poll […]

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Vijayapura (K’taka): Accusing the central government of not releasing funds for drought relief to Karnataka, Chief Minister Siddaramaiah on Monday said his letters to the union government seeking assistance and enhancement of employment days for those affected have gone unanswered. The Karnataka government has declared 223 out of the total 236 taluks in the state […]

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NEW DELHI: Finalising the rules of origin for the medical devices sector remains a sticking-point in the proposed free-trade agreement (FTA) between India and the UK and the talks are on to iron out the differences, an official said. Huge potential is there in the medical devices sector in India, as it imports about 80 […]

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NEW DELHI: Net contribution of India’s foreign trade to its Gross Domestic Product (GDP) may have been positive in July-September FY24 quarter, despite merchandise exports shrinking in the period on a year on year basis, economists said. While in Q4F23 net exports helped boost the GDP, it dragged it down in the first quarter

By Arun Kumar Shrivastav The nearly three-year-old military government in Myanmar is facing the toughest challenge from the rebel groups so far. In a coordinated attack on military posts in the Shan state bordering China, pro-democracy fighters have captured several towns. The rebel assault that began on October 27 and is named 1027 is being […]

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By Anjan Roy Sam Altman has become globally known overnight not because of what he had achieved already, which was seminal, but because he was summarily sacked by the board of directors of the startup firm he had established. Sam Altman had become a legend at his young age for his role in developing

By Arun Srivastava Prime Minister Narendra Modi grows more desperate and aggressive by the day as he feels the perception of power slipping away from his vice-like grip. For Modi, retaining power and continuing to occupy the office of the prime minister has acquired such an obsessive dimension that instead of facing his opponents politically, […]

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By Dr. Gyan Pathak Illegal flow of cash, kind, and intoxicants intended to be used in elections has been rising exponentially since 2014. Within a month the seizures made a record worth Rs 1760 crore, and that too for election of only five states in the country, as against seizure of Rs 300 crore in

NEW DELHI: Retail inflation for agricultural labourers and rural workers rose marginally to 7.08 per cent and 6.92 per cent in October, respectively, from 6.70 per cent and 6.55 per cent respectively in September 2023 due to higher prices of certain food items. Point to point rate of inflation based on CPI-AL (Consumer Price Index-Agricultural […]

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BENGALURU: The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India – Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR)

NEW DELHI: India’s real GDP growth will rise to 6.5% in 2024-25 from an estimated 6.2% in 2023-24, aided by the government’s pre-election spending in the first half of 2024 and private investment in the later half, global investment firm Goldman Sachs said in a report on Monday. On a calendar year basis, India’s real

The Supreme Court came down hard on the Punjab and Delhi governments Tuesday – and offered a measure of support to farmers from the former state – as it continues a marathon hearing into a clutch of petitions about the toxic air that blankets and chokes the national capital every winter. A bench of Justices […]

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MUMBAI: The Reserve Bank of India (RBI) may undertake a comprehensive review of its framework for penalties, according to a top regulatory source. These may include raising the penal amount; the feasibility of linking it to the size of regulated entities (REs), especially for systemically important entities, and repeat offences; and clawback of the payouts

A day after his conversation with party leaders about “having to make a sacrifice”, Goa Public Works Department Minister Nilesh Cabral resigned from the Pramod Sawant-led cabinet on Sunday to make way for the induction of MLA Aleixo Sequeira. In his resignation letter to the chief minister, Cabral said he was stepping down to allow […]

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NEW DELHI: Negotiation phase for India is practically over at the Indo-Pacific Economic Framework for Prosperity (IPEF) with agreement on supply chains already signed and talks almost over on clean and fair economy. It must move cautiously now to protect space for the domestic policy action, according to a trade policy think tank. The three […]

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NEW DELHI: The UK’s demand of a higher level of protection for its GI products from the agriculture sector under the proposed free trade agreement (FTA) with India remains an unresolved issue as the talks for the pact are on to iron out differences, an official said. British GI (Geographical Indication) products include Scotch

NEW DELHI: After the success of digital public infrastructure (DPI) such as Aadhaar, Unified Payments Interface (UPI), DigiLocker, etc, the government is planning a homegrown Internet of Things (IoT) stack based on open source tools and software. The plan, officials say, is to come up with a low-cost and secured solution. This solution will help […]

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NEW DELHI: In what can result in a major relief for Tesla and other multi-national car companies looking to import electrics in India at a specially-crafted and subsidised 15% duty regime that is being proposed, the government may exclude cost-heavy batteries, semiconductors, and even magnetic parts from the committed localisation norms for global companies. The […]

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