The Indian economy is projected to be the fastest-growing major economy in the current year and upcoming fiscal 2019-20, the Finance Ministry said on Wednesday, while emphasising that the government has taken several steps to boost investors’ confidence. The average growth of the economy between 2014-15 and 2017-18 was 7.3%, …
Read More »Monthly Archives: January 2019
U.K. Sinha to head RBI panel on MSME revival
The RBI has appointed an eight-member expert committee headed by former SEBI chairman U.K. Sinha to comprehensively review and propose long-term solutions for revival of the micro, small and medium enterprises (MSME) sector. Other members of the panel are Ram Mohan Mishra, Additional Secretary, Development Commissioner MSME; Pankaj Jain, Joint …
Read More »China growth woes roil Indian markets
Major Asian indices shed 1-3%; Sensex loses 520 points intraday; rupee slumps 1% against dollar A weak trend in the global equity markets on the back of disappointing economic data from China led to the Indian benchmarks shedding 1% on Wednesday as investors became jittery over the near-term outlook on …
Read More »Trump wants another meet with Kim
President Donald Trump is looking forward to another summit with North Korean leader Kim Jong-un, he said on Tuesday. “I look forward to meeting with Chairman Kim who realizes so well that North Korea possesses great economic potential!” Mr. Trump said in a brief tweet. The development comes after Mr. …
Read More »U.S. granted access to citizen held in Moscow
The Russian government said on Wednesday it has allowed an American citizen held on espionage charges to have access to U.S. officials seeking answers about his arrest. U.S. consular officials were granted access to Michigan resident Paul Whelan for the first time since his arrest during a visit to the …
Read More »China building ‘advanced’ warships for Pak.: report
China is building the first of four “most advanced” naval warships for Pakistan as part of a major bilateral arms deal to ensure among other things “balance of power” in the strategic Indian Ocean, the state media reported. Equipped with modern detection and weapon systems, it will be capable of …
Read More »Trump has not risen to mantle of office: Romney
Incoming Senator Mitt Romney has written a scathing op-ed targeting U.S. President Donald Trump, saying he “has not risen to the mantle of the office”. The barbed remarks from the 2012 Republican presidential candidate came as he and other lawmakers prepare to take up their seats in the new Congress. …
Read More »Taiwan’s unification with China is inevitable, says Xi
Taiwan’s unification with the mainland is “inevitable”, President Xi Jinping said on Wednesday, warning against any efforts to promote the island’s independence and saying China would not renounce the option of using military force to bring it into the fold. Mr. Xi’s comments provoked a swift rebuke from Taipei, where …
Read More »Five-day Manali carnival begins in Himachal’s Kullu
The five-day Manali Winter Carnival in Kullu district began on Wednesday. Himachal Pradesh Chief Minister Jai Ram Thakur flagged off the carnival parade from the circuit house. Source : https://www.thehindu.com/todays-paper/tp-national/five-day-manali-carnival-begins-in-himachals-kullu/article25894941.ece
Read More »Sabarimala issue:
The entry of two women into the Sabarimala temple on Wednesday has sparked off a debate in Karnataka as well. Vishwesha Tirtha Swami of Pejawar Mutt said on Wednesday that his stand on the issue of women’s entry into Sabarimala temple was neutral and the ‘shastras’ per se do not …
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