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States: West Bengal’s economy declined from the early 1960s

September 17, 2024 virendra pandit

Virendra Pandit New Delhi: West Bengal, which held the third-largest share of national GDP at 10.5 percent in 1960-61, now accounts for only 5.6 percent in 2023-24, and has seen a consistent decline throughout this period, a government report has said. The state, whose largest city Calcutta (now Kolkata) was the British Raj’s capital in […]

Business

Pakistan: Now, terrorists use PUBG features to avoid surveillance!

September 16, 2024 virendra pandit

Virendra Pandit New Delhi: Before they launched an attack in Khyber Pakhtunkhwa province on August 28, terrorists used the popular video game PUBG’s features to avoid being tracked by Pakistan intelligence officials, the media reported on Monday. According to the English daily Dawn, terrorists used features from PlayerUnknown’s BattleGrounds (PUBG), a popular video game, to […]

Business

The POTUS poll: Stuck at the ISS, Sunita Williams and Butch Wilmore to vote from space!

September 14, 2024 virendra pandit

Virendra Pandit New Delhi: Indian-origin veteran astronaut Sunita Williams and her fellow NASA colleague Butch Wilmore plan to vote from space to elect the next President of the United States (POTUS) on November 5, 2024. The two astronauts, who took off aboard Boeing’s Starliner on June 5, 2024, for a week but got stuck in […]

Business

Roving Periscope: The Dragon is fast-aging; China to hike retirement ages

September 14, 2024 virendra pandit

Virendra Pandit New Delhi: For decades, China had the dubious distinction of being the world’s most populous nation. In 2022-23, India replaced China on this count. But now China faces the twin threats of a growing aging population and a shrinking workforce because of a low birth rate, forcing it to consider raising its statutory […]

Business

Economy: India to drive a fifth of global growth in the next decade, says Kant

September 12, 2024 virendra pandit

Virendra Pandit New Delhi: India is set to drive around 20 percent of the global economic growth in the next decade as it relentlessly marches to become the world’s third-largest economy, G20 Sherpa Amitabh Kant said on Thursday. Addressing the All-India Management Association (AIMA) convention in the national capital, he said the South Asian country […]

Business

Social media “scourge”: Australia to legally ban users under 16 years of age

September 10, 2024 virendra pandit

Virendra Pandit New Delhi: Although analysts are doubting its technological feasibility, Australia is considering introducing legislation this year to ban access to social media outlets by users under 16 years of age. Even the Opposition will support it, the media reported on Tuesday. The minimum age for children to log into social media sites including […]

Business

Mumbai college rejected him, Adani built $220 bn empire; gets call to deliver lecture at same college

September 5, 2024 Vinayak Barot

New Delhi, Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a USD 220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver […]

Business

Environment: India provided more climate finance than many rich countries

September 4, 2024 virendra pandit

Virendra Pandit New Delhi: India has emerged as a better climate financer than many prosperous countries, having contributed USD 1.287 billion in 2022, the media reported on Wednesday. India’s contribution came through multilateral development banks (MDBs), surpassing the contributions of many developed countries. An analysis, conducted by the UK-based think tank ODI and the Zurich […]

Business

Bangladesh: UNICEF urgently needs USD 35 mn as 20 lakh flood-hit children are at risk

August 31, 2024 virendra pandit

Virendra Pandit New Delhi: Amid the ongoing political instability and communal violence in Bangladesh, more than two million children in eastern districts are at risk as the worst floods have swept through their homes, schools, and villages in the last few weeks. In areas where flood waters are receding, the South Asian country faces outbreaks […]

Business

Fintech: India attracted $31 bn in 10 years; needs more cybersecurity, says PM Modi

August 30, 2024 virendra pandit

Virendra Pandit New Delhi: Prime Minister Narendra Modi on Friday said India’s robust financial technology (fintech) sector has attracted nearly USD 31 billion of investment in the last 10 years and more is expected, as he asked the Reserve Bank of India (RBI) to enhance cyber security and digital literary to effectively combat cyber frauds. […]