Category: World

By Rahil Nora Chopra The peoples verdict for the five state assembly elections will frame future political course of Rahul Gandhi. A win for Congress in these elections will direct the path for Rahul Gandhi’s political ascendance and recognition as the potent eligible and desired national leader. A win will also make other opposition parties […]

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MUMBAI: The attrition at private banks has been high in recent years as the workload of employees has increased. Additionally, intense competition from fintechs and new-age lenders has also led to poaching of employees, said experts. At a recent public event, Reserve Bank of India (RBI) Governor Shaktikanta Das noted that the attrition at private […]

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NEW DELHI: India’s gross domestic product (GDP) grew at 7.6 per cent in the September quarter of 2023-24, outperforming expectations by a wide margin as manufacturing and construction activities expanded by double digits. These figures signalled that economic recovery was well underway in Asia’s third-largest economy, despite the current adverse geopolitical situation. While the Reserve

NEW DELHI: India’s core sector output, that measures production by eight industries, grew 12.1 per cent in October compared to the same time last year, the government said on Thursday. A low base effect and double-digit growth in four industries – electricity, coal, steel, and cement – drove up production. The core sector output had

NEW DELHI: Despite the fiscal challenges faced by state governments, they will continue to play an important role in boosting the capex and in turn the economic growth of the country, India Ratings said in a report. This could be gauged from the fact that during FY11-FY18 (BE), nearly three-fourths of the combined developmental

MUMBAI: Banks’ non-food credit grew nearly 20% year-on-year (YoY) in October, compared with an 18.3% growth during the same period last year, Reserve Bank of India (RBI)’s sectoral credit deployment data showed on Thursday. Excluding the impact of the HDFC merger, banks’ non-food credit grew 15.3%. In absolute terms, banks’ outstanding credit stood at Rs […]

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The Aam Aadmi Party (AAP) is systematically unfolding its plan B in view of the impending arrest of its convener and Delhi Chief Minister Arvind Kejriwal. From December 1-20, the party will launch a signature campaign, ‘Main Bhi Kejriwal’, across Delhi. This will be followed by five days of public meetings between December 21 and […]

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Barely 48 hours after the BJP launched its campaign in West Bengal for 2024 Lok Sabha elections with Amit Shah’s rally, 12 of the saffron party’s MLAs were booked for allegedly “insulting” the national anthem on the state Assembly premises. The FIR was lodged at the Hare Street Police Station based on a complaint by […]

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The BRS in Telangana has lodged a complaint with the Election Commission (EC) against the Congress alleging that the party used ‘deepfake’ technology to create fabricated content, targeting BRS president K Chandrasekhar Rao and other prominent party leaders and candidates contesting in the Assembly elections in the state. In the complaint addressed to the Chief […]

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Exit polls that predicted a primacy of Congress in Chhattisgarh and Telangana and that of the BJP in Rajasthan and Madhya Pradesh, have been hotly contested by both camps in states they were predicted to lose. While exit polls are known to get it wrong many a time, their predictions proved a touchy topic in […]

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The White House National Security Council spokesperson, John Kirby, stressed on Friday that the US continues to improve its strategic partnership with India. On the other side, he added that the US “takes this very seriously,” referring to the indictment by the US Department of Justice against an Indian in an alleged foiled assassination plot. […]

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The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth would slow to 2.7% in 2024 from an expected 2.9% pace this year.

By Sushil Kutty The release of a book on November 29 in New Delhi brought the focus back on the INDI-Alliance, which was seen to be losing its direction and purpose in recent weeks much to the chagrin of those who wanted to see the back of Prime Minister Narendra Modi and his government come […]

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By Arun Srivastava Any amount of money that is being spent on the Dalits and poor in the management of RSS-BJP’s political perception is a national waste. During the UPA era, the Sangh had used its might to try foil Dr Manmohan Singh’s move to get the Food Security Bill passed by the Parliament. While […]

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By Tirthankar Mitra The Bengal unit of BJP is in dire straits now as the leadership has no face to face its supporters after the big flop of the party rally addressed by the Home Minister Amit Shah on Wednesday afternoon. All the earlier big hype made by the big guns of the party came […]

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By Krishna Jha November 3 this year marked the centenary of the great trade union leader in banking, H L Parwana. On this day we recall him and his contributions to the history of banking industry in our country. For the cause of banking he sacrificed his life, and toiled to emancipate the

Prime Minister Narendra Modi on Wednesday said his government is committed to ensuring that no one sleeps hungry, after the Cabinet extended the Pradhan Mantri Garib Kalyan Anna Yojana for another five years. The central government has extended the PMGKAY scheme to provide 5 kg of free foodgrains per month to 81.35 crore poor for […]

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MUMBAI: India joined an exclusive group of countries that includes the likes of the United States, China, and Japan after its market capitalisation (mcap) hit the $4 trillion mark on Wednesday. Total market value of all companies listed on the BSE during the day increased by Rs 2.24 trillion, or 0.7 per cent,

MUMBAI: Corporate bond issuances rebounded in November following a decline in October as the market gained certainty after the US Federal Reserve adopted a dovish stance, according to market participants. In October, fundraising through corporate bonds experienced a 40 per cent drop, primarily driven by an increase in the cost of borrowing. Estimates suggest that […]

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NEW DELHI: In a departure from convention, the Union Cabinet late on Tuesday approved the terms of reference for the Sixteenth Finance Commission (SFC) without revealing the names of its chairman and members. Announcing the decision on Wednesday in a press briefing, Information and Broadcasting Minister Anurag Singh Thakur said the chairman and members will […]

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MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in the transfer of shares within the insurance broking sector. This increased diligence has led to an extension in the approval timelines, with the three-four month period stretching (on average) to beyond nine months. The sale of Aditya […]

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The Supreme Court on Wednesday refused to interfere with the Central government’s decision to grant an extension to the service tenure of Delhi Chief Secretary. Chief Justice of India (CJI) DY Chandrachud, while pronouncing the judgement, said the extension of tenure under rule 16 of the 1961 rules will not apply to the chief secretary […]

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Former Congress president Sonia Gandhi on Wednesday was all praises for the present party chief, saying Mallikarjun Kharge is best suited to lead the grand old party at the “crucial juncture” in which it finds itself. She said Kharge has always placed party organisation above personal interest, which makes him a strong organisational leader. “…He […]

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Congress MP Rahul Gandhi on Wednesday hailed Kerala’s healthcare and palliative care sector as one of the best in the country, and said he was pleased with the level of community participation in Kerala when it comes to healthcare and education. The Congress MP’s praise for Kerala’s healthcare system came while speaking after laying the […]

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Former Delhi deputy chief minister Manish Sisodia has moved the Supreme Court seeking a review of its order denying him bail in the corruption and money laundering cases related to the alleged Delhi excise policy scam. The top court had on October 30 refused to grant him bail, saying the accusation against him of facilitating […]

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NEW DELHI: Tata Advanced Systems Ltd (TASL) has set up a facility to manufacture high-resolution imagery satellites that will help the armed forces keep a closer eye on border areas, betting big on the military space sector. The Bengaluru-based facility will manufacture sub-metre resolution satellites and will have a ground station that can control their […]

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NEW DELHI: Indian companies are increasingly looking to hire people who can help improve their green credentials. Four of every five Indian business leaders who took part in a survey conducted by IBM and decision intelligence company Morning Consult, said they will hire people with expertise or experience in sustainability. The survey report, shared exclusively […]

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NEW DELHI: The 16th Finance Commission (FC) may be urged to consider incentives for improvement in debt consolidation and quality of expenditure, issues which were considered by the 15th FC too, though it did not assign any specific weights to them in either in the criteria for tax devolution or disbursal of grants-in-aid. The setting […]

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NEW DELHI: Nine months after converting the dues worth Rs 16,133 crore of Vodafone Idea payable to the government on account of spectrum fee, into equity, the department of telecommunications (DoT) has asked the department of investment and public asset management (DIPAM) whether some portion can be offloaded in the market. As part of the

NEW DELHI: India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled ‘China Slows India Grows’, S&P said it expects Asia-Pacific’s growth engine to shift from China to South and Southeast Asia. “We project China’s GDP

By K Raveendran Oil markets are eagerly awaiting the outcome at the forthcoming OPEC+ meeting this week, after internal troubles forced a postponement of the meeting originally scheduled for November 26. The meeting assumes great significance both for producing as well as importing countries, especially amidst assessments that a new agreement to cut production is

By Sushil Kutty In these days of political significance, ‘appeasement’ is the word, the favourite of the rightwing to beat the leftwing with –- who in turn, while disapproving of appeasement, openly embraced Muslim minority appeasement for electoral dividends. Other minorities like the Christian, Buddhist, Jain, Sikh and Parsi are considered too politically insignificant for […]

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By Ashis Biswas In dramatic contrast to the frenzied anti-India celebrations in Bangladesh following India’s loss to Australia in the one-day cricket final at Ahmedabad on November 19,, people in Pakistan have reacted far more soberly: in the lively Pakistani social media , there have been some expressions of sympathy for India’s hard loss, unlike

By M. A. Hossain In the catastrophic context of Hamas-Israel conflict, China had stepped forward to mediate between the parties. Chinese Foreign Minister, Wang Yi, discussed the conflict situation with officials in Washington, perceiving the fear of a wider regional war. The US counterpart has assured full support for working with China to find a […]

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