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Afghanistan: Now, Pak submits lists, urges Taliban to handover TTK ‘terrorists’!

Virendra Pandit   New Delhi: What goes around, come around. The way India used to send a list of terrorists to Pakistan with a request to hand them over, now Islamabad has also sent a list of its own ‘terrorists’ to the Taliban, requesting it, similarly, to hand them over! Islamabad’s terrorists are members of […]

Roving Periscope: After Kabul, US “sows discord” in China’s backyard

Virendra Pandit   New Delhi: The way the US and its Allies had opened a second front in Western Europe to counter the Nazis in the early 1940s, they are now unveiling a second front against an expansionist China in Southeast Asia: US Vice-President Kamala Harris—who may emerge as the next presidential hopeful in 2024—seems […]

Economy: India’s GDP may grow 18.5% in Q1Fy22, says SBI

New Delhi: India’s Gross Domestic Product (GDP) is likely to grow at nearly 18.5 percent in the first quarter of the current financial year (2021-22), a State Bank of India (SBI) research report Ecowrap said on Tuesday. Based on a ‘Nowcasting’ model, the forecasted GDP growth for Q1FY22 would be around 18.5 percent (with upward bias), […]

Covid-19: Pandemic pushed 80 mn more Asians into extreme poverty, says ADB

New Delhi: The Asian Development Bank (ADB) said on Tuesday that the coronavirus disease, that triggered Covid-19, has pushed an estimated 75 million to 80 million more people in developing Asia into extreme poverty as of 2020 compared with what would have happened without the pandemic. According to a new ADB report, “Key Indicators for […]

Afghanistan: ‘Grave humanitarian crisis unfolding’, India warns at UN

Virendra Pandit   New Delhi: India on Tuesday warned at the United Nations that a grave humanitarian crisis is unfolding in Afghanistan which the Taliban fighters recaptured last week. The current situation in Afghanistan is of “great concern” to it, India said, expressing the hope that it does not pose a challenge to its neighbours […]

Covid-19: India may resume vaccine exports in 2022, says expert

Virendra Pandit   New Delhi: With six locally-development vaccines available and most of its adult population likely vaccinated by year-end, India may resume exporting Covid-19 vaccines in 2022, Dr. NK Arora, Chairman of the National Technical Advisory Group on Immunization, has said. “Almost 60 countries hardly have any access to vaccines. India should be able […]

Income tax: Nirmala asks Infosys to fix snag in portal by Sept 15

Virendra Pandit   New Delhi: Finance Minister Nirmala Sitharaman has asked information technology services provider Infosys to fix persistent technical issues in the new income tax returns filing portal by September 15, ahead of the tax returns deadline. She also directed the company to ramp up resources to ensure timely tax filing services to millions […]

Infrastructure: Nirmala launches Rs. 6 lakh cr NMP until FY25

  New Delhi: In a major thrust to infrastructure development, Union Finance Minister Nirmala Sitharaman on Monday launched the National Monetisation Pipeline (NMP) worth Rs 6 lakh crore. The NMP comprises a four-year pipeline of the Centre’s brownfield infrastructure assets from financial years 2021-22 to 2024-25. Apart from providing visibility to investors, NMP will also […]

Business: CCI imposes Rs.200 cr fine on Maruti Suzuki for anti-competitive practices

New Delhi: The Competition Commission of India (CCI) has imposed a fine of Rs.200 crore on the country’s largest carmaker, Maruti Suzuki, for anti-competitive practices, media reported on Monday. India’s antitrust regulator took the step after finding how the company forced dealers to discount cars and asked Maruti Suzuki to deposit the fine within two […]

Agriculture: ‘Below-normal rainfall may impact inflation, economic growth’

New Delhi: This year’s below-normal monsoon rainfall may spark challenges for inflation and economic growth in rural areas over the medium term. Currently, India is facing an overall 8 percent monsoon rainfall deficit, which may impact sowing and harvesting seasons of Rabi crops, pressuring consumer prices and squeezing the agriculture sector, Rahul Bajoria, Chief India […]
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