Political

Business

Elections: Putin, contesting himself, extends good wishes to PM Modi for 2024 LS polls

December 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Russian President Vladimir Putin, who is contesting the March 2024 elections to retain his office, has extended good wishes to Prime Minister Narendra Modi for the Lok Sabha elections due by May 2024. Referring to the Lok Sabha election due mid-next year, President Putin said he wished “our friends every […]

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Business

NPAs: Bad assets of banks decline multi-year low of 0.8% in September 2023

December 28, 2023 Vinayak Barot

Virendra Pandit   New Delhi: The Reserve Bank of India (RBI) on Thursday said the net non-performing assets (NPAs) ratio of banks declined to a multi-year low of 0.8 percent at the end of September 2023 and that the country’s domestic financial system remains resilient. “The resilience of the non-banking financial companies (NBFCs) sector improved […]

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Business

Roving Periscope: Qatar court commutes death sentence of 8 ex-Indian Navy officers

December 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: With the success of deft diplomacy and back-channel talks, India felt some relief on Thursday when a Qatar court commuted the death sentence of eight former Indian Navy officers to imprisonment in an alleged case of espionage. The Indian nationals, all employees of Doha-based company Dahra Global, were taken into […]

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Business

2024: India to remain the world’s fastest-growing economy, says Assocham

December 28, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Amid a gloomy 2024 creeping into many recessionary economies worldwide three days from now, India’s leading business and industry body has predicted that the South Asian nation, currently the fifth-largest economy in the world, is likely to remain the fastest-growing as well in the new year beginning on Monday next. […]

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Business

2100: India to emerge as the world’s largest economy, says CEBR

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Already the fifth-largest and poised to be the third-largest economy in a decade, India is also set to emerge as the topmost economy on the planet by the end of this century, according to the Centre for Economics and Business Research (CEBR), a London-based economic consultancy specializing in economic forecasts […]

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Business

Friendship: Indo-Russia ties are very strong and steady, says Dr. Jaishankar

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Meeting his Russian counterpart Sergey Lavrov in Moscow to discuss bilateral cooperation in different spheres, the international strategic situation, conflicts, and tensions, External Affairs Minister S. Jaishankar on Wednesday said that the relationship between India and Russia has been “very strong, very steady.” The EAM, who is on a five-day […]

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Business

Investments: The PLI schemes attracted Rs. 95k crore, says govt

December 27, 2023 Vinayak Barot

Virendra Pandit    New Delhi: The Centre’s ambitious Production-Linked Incentive (PLI) schemes, launched in 2021 for 14 sectors to make India self-reliant and boost exports, have attracted investments of over Rs. 95,000 crores until September 2023, the government informed. According to the Ministry of Commerce and Industry, altogether 746 applications were approved under these schemes […]

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Business

Hydroponics: Scientists develop “electronic soil” to enhance barley crop growth by 50%

December 26, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Can hydroponics, the soil-less cultivation method, solve the planet’s increasing need for farm products? For, Swedish scientists have developed what they call “electronic soil” (eSoil) that enhances crop growth by 50 percent in about two weeks, the media reported on Tuesday. Hydroponics uses a root system that is stimulated electrically […]

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Elections

Roving Periscope: Dr. Saveera Parkash, the first Hindu woman, to contest polls in Pakistan

December 26, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Nearly a month ahead of Prime Minister Narendra Modi consecrating the idols of Lord Rama on January 22, the Ayodhya event has hit headlines in neighboring Pakistan where some people now wonder if the mosques they go to for prayers were erected on the ruins of Hindu temples. But an […]

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Business

Defense: After Houthi attacks on vessels, the Indian Navy deploys 3 warships in the Arabian Sea

December 26, 2023 Vinayak Barot

Virendra Pandit    New Delhi: After the spate of recent attacks on merchant vessels in the Arabian Sea, the Indian Navy has deployed a P-8I long-range patrol aircraft for surveillance and three warships—INS Momugao, INS Kochi, and INS Kolkata equipped with guided missile destroyers—in the region to maintain “deterrent presence,” officials said on Tuesday. Earlier, […]

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