India may have to revise downwards what is considered its “potential” rate of growth from 7-8% to bring expectations more in line with reality, former Chief Economic Adviser (CEA) Arvind Subramanian has argued in a paper. This paper comes as a follow-up to the one Mr. Subramanian published last month, …
Read More »Daily Archives: July 19, 2019
Impeachment bid defeated in House
The U.S. House of Representatives on Wednesday rejected a Congressman’s bid to launch impeachment proceedings against Donald Trump, tamping down a groundswell of anger after the President made xenophobic comments about Democrats.The chamber voted 332 to 95 to table, or effectively kill, a resolution brought by Democrat Al Green that …
Read More »U.S. bars Turkey from F-35 programme over S-400 deal
Ankara says one-sided step against spirit of alliance The White House confirmed on Wednesday that Turkey would be excluded from the F-35 stealth fighter jet programme after it purchased a Russian missile defense system in defiance of warnings from Western allies. “Unfortunately, Turkey’s decision to purchase Russian S-400 air defense …
Read More »China-U.S. feud rises over Taiwan
Beijing has threatened to sanction U.S. companies over arms sales to Taipei Amid growing trade tensions with the U.S., China is going ahead with its decision to sanction American companies selling weapons to Taiwan. The State-run tabloid, Global Times , earlier this week nailed specific steps that China can take …
Read More »‘LS productivity highest in the past 20 years’
Lok Sabha members discussed the General Budget for 17 hours, while the Lower House also discussed demands for grants for various Ministries, including Railways for 13 hours, Road and Transport for over 7 hours and Rural Development and Agriculture for 10 hours 36 minutes, Speaker Om Birla said on Thursday. …
Read More »SC declines urgent hearing on plea against states for failing to curb lynching
SC declines urgent hearing on lynching plea The Supreme Court declined urgent hearing on a plea seeking initiation of contempt proceedings against some states for their alleged failure in curbing lynching incidents. It did not allow the submission of a lawyer that the judgements, laying down guidelines to deal with …
Read More »Army monitoring Chinese activities on Doklam: Defence Ministry report
‘Army tracking Chinese activity at Doklam’ India and China have reduced their presence on the Doklam plateau after the disengagement in 2017, but the Army is monitoring Chinese activities in the area and is prepared to respond to any contingency, the Defence Ministry said in a report. Noting fewer Chinese …
Read More »SC declines urgent hearing on lynching plea
The Supreme Court declined urgent hearing on a plea seeking initiation of contempt proceedings against some states for their alleged failure in curbing lynching incidents. It did not allow the submission of a lawyer that the judgements, laying down guidelines to deal with lynching and cow vigilantism incidents in the …
Read More »ICJ verdict has exposed Pak.: Jaitley
‘World court has given it an opportunity to comply with the rule of law and reform its processes’ Former Finance Minister Arun Jaitley dubbed the International Court of Justice judgment in the Kulbhushan Jadhav case a “comprehensive victory for India.”“Pakistan lost conclusively before the ICJ. Its farcical processes through which …
Read More »Amit Shah to head panel on Air India sale
Home Minister Amit Shah will head a reconstituted group of ministers (GoM) on Air India disinvestment and Road Transport Minister Nitin Gadkari has been dropped from the panel, sources said. The panel, which is to work out modalities for the sale of Air India, will now have four Ministers — …
Read More »