Category: World

NEW DELHI: India’s e-commerce ecosystem is about to explode in the near future as exports may touch $200 billion during the next six-seven years from the current $1.2 billion, said Santosh Kumar Sarangi, director general (DG), Directorate General of Foreign Trade (DGFT) at an event on Friday. Addressing the ‘E-commerce Exports’ conference, organised by the

NEW DELHI: To bring private investments back in the highway construction sector, the National Highways Authority of India (NHAI) has decided to award 937-km-long of stretches entailing investments of Rs 44,412 crore via the build operate transfer (BOT) model in the current financial year, a senior official said Friday. The length of highways identified for […]

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By Nitya Chakraborty The Israeli-Hamas war entered its 43rd day on Saturday as the battle has turned by now one sided with Israeli defence forces going all out in bombing the Gaza strip including the civilian areas and the hospitals in the name of eliminating the Hamas militants who launched the ‘terror’ attack on Israelis

By Harihar Swarup A few months ago, the Congress President Mallikarjun Kharge and former party chief Rahul Gandhi called a meeting to bring a truce between Rajasthan Chief Minister Ashok Gehlot and his former deputy Sachin pilot. At the meeting, Gehlot is learnt to have remarked that he had seen the 46-year-old Pilot grow up.

By K Raveendran Confidentiality versus anonymity is a central issue in the consideration of the petitions against the electoral bond scheme as it exists today and may well have a bearing on the verdict by the five-member constitution bench under Chief Justice D Y Chandrachud, which has reserved the judgement. The petitioners, who include the […]

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By P. Sreekumaran THIRUVANANTHAPURAM: It is a double delight for Kerala Chief Minister Pinarayi Vijayan, who has successfully blunted the edge of a campaign of calumny against him and his government. In a major morale-booster to the LDF Government ahead of the Lok Sabha elections next year, the Lokayukta has given a clean chit to […]

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The Mumbai police have registered an offence against 60 unidentified persons in connection with the clash that occurred between supporters of Maharashtra Chief Minister Eknath Shinde and Shiv Sena (UBT) leader Uddhav Thackeray at Shivaji Park here, an official said on Friday. Workers of the Shinde-led Shiv Sena and the Shiv Sena (UBT) shouted slogans […]

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After meeting his MLAs and councillors with the question of whether he should resign if arrested or run the government from jail, AAP convener and Delhi chief minister Arvind Kejriwal on Friday met the party’s volunteers, office bearers, and Members of Parliament at the city’s Thyagaraj Stadium. Along with Kejriwal, Aam Aadmi Party’s Delhi ministers […]

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Shiromani Akali Dal (SAD) president Sukhbir Singh Badal sent a legal notice to Punjab Chief Minister Bhagwant Mann on Friday, asking him to tender an unconditional apology within five days for levelling “malicious” allegations against the Badal family during a debate at the Punjab Agricultural University (PAU) in Ludhiana. According to the notice, Badal will […]

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Bangladesh is likely to step up heat on two “self-confessed killers” of Sheikh Mujibur Rahman and ensure their extradition to Dhaka soon after results are declared for the national election by the end of January 2024. This theory, claim diplomatic sources in New Delhi, will work if the ruling Awami League returns to power in […]

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NEW DELHI: The government is planning to bring a few amendments to the Special Economic Zones (SEZ) Act 2005 in the winter session of Parliament, with a view to giving more operational flexibility to units in these tax-free enclaves, especially when it comes to sales in the domestic tariff area. These amendments are being taken […]

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MUMBAI: After cautioning banks and non-banking financial companies (NBFCs) on surging unsecured loans like personal loans and those on the credit card, the Reserve Bank of India (RBI) on Thursday increased the risk weighting for such loans from 100 per cent to 125 per cent. The risk weighting for bank loans to higher-rated NBFCs too […]

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NEW DELHI: India’s economic growth prospects remain robust over the medium term, with its gross domestic product (GDP) expected to grow between 6 per cent and 7.1 percent annually in 2023-24 (FY24) through 2025-26, S&P Global said in its latest report on Thursday. “Economic growth momentum to continue. India’s economic growth prospects should remain strong […]

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MUMBAI: Retail inflation has moderated due to monetary policy action and supply side interventions but the Indian economy is still ‘not out of the woods yet and have miles to go’, said the Reserve Bank of India’s (RBI) monthly bulletin on Thursday. “We are not out of the woods yet and have miles to go, […]

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NEW DELHI: The sharp fall being recorded in core inflation, as per the Consumer Price Index, is largely a result of a decline in the inflation rate of services components, which were earlier at high levels, data analysed by FE showed. In October, core inflation was at a 43-month low of 4.2%. As for the […]

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By Dr. Gyan Pathak India railways has just announced that it aims to achieve zero waiting list for confirmed tickets by 2027, but only after pictures of overcrowded platforms and trains across India surfaced last week in which several fell unconscious due to suffocation and at least one passenger died. Many passengers having confirmed tickets […]

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By Rahil Nora Chopra After the recent release of caste-based survey data and increasing the reservation limit for the scheduled castes, scheduled tribes, other backward castes and extremely backward castes from 50 per cent to 65 per cent, now Bihar chief minister Nitish Kumar has declared that he would run a campaign to demand the […]

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By D. Raja T he epoch-making events of November 1917 changed the course of humanity forever. The Revolution of 1917 had profound and far-reaching impact on world history. It not only marked the overthrow of the Czarist monarchy and the establishment of the Soviet Union, but it also ignited a wave of socialist

By Sushil Kutty US President Joe Biden and Chinese President Xi Jinping met in San Francisco and President Xi told President Biden that Planet Earth was big enough for “both the countries”, the first time a Chinese big shot has referred to China as a country big enough to rival “superpower United States”. If

Maharashtra Deputy Chief Minister Devendra Fadnavis has cleared the air about him contesting the Lok Sabha polls, while having an informal interaction with media at his residence on Thursday. Fadnavis said he will only be contesting the state assembly polls from Nagpur. There was a buzz in the political corridors of Maharashtra that the BJP […]

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After the Muslim League and the CPI(M), the Congress is set to organise a massive pro-Palestine rally in the north Kerala city of Kozhikode next week. The Congress said that it is the only political party capable of rectifying the pro-Israel stance adopted by the BJP-led Central government. KPCC chief K Sudhakaran said on Thursday […]

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Senior Congress leader P Chidambaram has apologised for the loss of lives during the Telangana statehood agitation, drawing sharp reactions from the ruling BRS. Speaking to media persons in Hyderabad on Thursday, the former Union Minister also said creating a state or dividing a state was not child’s play and it was done in response […]

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Congress leader Sachin Pilot on Thursday said Congress will return to power in Rajasthan after the assembly elections and highlighted that the BJP has no blueprint for the state, which will go to polls on November 25. Speaking at News18 Rajasthan’s Agenda Rajasthan, the former Rajasthan deputy CM said that the Congress high command will […]

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Bihar Chief Minister Nitish Kumar on Thursday announced that he will launch a state-wide movement if the Centre does not grant special category status to the state “at the earliest”. The JD(U) leader, who has been demanding special status for many years, said the state needs this in order to move forward. “If the Centre […]

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MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has released an exposure draft on the Expenses of Management (EoM) including a commission for both life and non-life insurance companies, based on the recommendation from the Regulation Review Committee (RRC). The RRC recommended merging the commission and EOM regulations to create a single regulation

In the campaign trail in poll-bound Rajasthan, AIMIM president Asaduddin Owaisi yet again hit out at the Congress party for calling him the vote-cutter and B-team of BJP. “If they have any proof against me, they should just put it out. All this conversation about freedom of speech etc is nothing but facade,” the Hyderabad […]

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MUMBAI: Indian lenders will now insist that a negative lien is created on the assets underlying personal guarantees given by promoters of companies raising bank loans, said people at advisory firms. The move is aimed at preventing them from transferring these personal assets to a special trust, which may be bankruptcy remote. This move by […]

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NEW DELHI: India’s merchandise exports rose 6.21% year-on-year to $33.57 billion in October, while the trade deficit swelled to a record as imports surged, buoyed by strong consumer spending ahead of the festival season. Gold imports almost doubled. The gap between exports and imports widened to $31.46 billion on the back of a jump in […]

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NEW DELHI: Key global indicators used by the World Bank (WB) to rank the governance of countries are based on subjective opinions by expert institutions which don’t know the context of member countries, Chief Economic Advisor (CEA) V Nageswaran has said. Speaking at a seminar on Multilateral Institutions for the 21st Century by think tank […]

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NEW DELHI: With 35 million jobs worldwide, clean energy has exceeded the number of jobs available in the traditional fossil fuel sector (32 million) for the first time in 2021, as indicated by a global report from the International Energy Agency. Released on Wednesday, the World Energy Employment 2023 report shows that clean energy jobs […]

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By Dr. Gyan Pathak Election campaign in Rajasthan for the third phase of election scheduled to be held on November 25 has brought one unexpected change in both the Congress and the BJP organisational unity. Rahul Gandhi was seen on November 16, flanked by CM Ashok Gehlot and Sachin Pilot, not only confirming the reported […]

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By Binoy Viswam The Sarsanghchalak of the RSS, Mr. Mohan Bhagwat expressed in clear terms their ideological bitterness towards Marxism, the other day during his vijayadashmi address. There was nothing new in his statement because that hatred of the Hindutva forces towards the Marxists was clearly spelt by Golwalkar in his early writings

By Sushil Kutty It takes a lot to upset the equanimity of Aam Aadmi Party leader Raghav Chadha. Especially when he’s still the fresh hubby with a pretty life partner. Yet, Chadha is lacking the spring in his steps. The much touted unity in the INDI-Alliance is what bothers

By P. Sudhir Madhya Pradesh is a state ruled longest by the BJP after Gujarat. The BJP has ruled the state from 2002 till now with a one and a half year interruption of a Congress government (which was toppled through defections). During the assembly election campaign, union home minister, Amit Shah,