India’s government is running out of options to fund its budget and may soon have to knock on the central bank’s door once again for support.
Tag Archives: India
Optimistic That India Will Bounce Back With Vengeance, Green Shoots Emerging – Amitabh Kant, CEO, NITI Aayog
“We are already witnessing emergence of green shoots in the economy. We are seeing that key sectors like FMCG, etc. have already come back. I am optimistic that we will bounce back with vengeance” Mr Kant said addressing a session on ‘Role of the Creative Economy in Nation Building’. He further said that India must identify 12-13 sectors […]
Why South Asians pip East Asians to top roles in US
A recent study has shown that East Asians (Chinese, Japanese, Koreans) are less likely than South Asians (Indians, Pakistanis, Bangladeshis) and whites to attain leadership roles in American organisations. The research focused on three key aspects — prejudice, motivation and assertiveness.
World Bank Provides $400 Million To Enhance Support For Rejuvenating The Ganga
The World Bank and the Government of India signed a loan agreement to enhance support for the Namami Gange programme that seeks to rejuvenate the Ganga river. The Second National Ganga River Basin Project will help stem pollution in the iconic river and strengthen the management of the river basin which is home to more than 500 million people. The $400 milli […]
Indian movies premiere on streaming services amid lockdown to curb coronavirus, to the fury of some cinema operators
A Bollywood actor’s face tattooed on his arm, Sandeep Bacche’s devotion shocks few in India, where film stars enjoy semidivine status. But even here the hallowed silver screen may be losing its shine to streaming services and fears about the coronavirus pandemic.“Whenever things get better and theatres begin operations, I will watch three movies a day for su […]
India bans TikTok, other Chinese apps amid border standoff
India is banning dozens of Chinese apps amid a military standoff in the remote Karakoram mountain border region
Coronavirus updates: Scientists call on WHO to recognize airborne threat; India’s cases surpass Russia’s
The coronavirus has infected more than 11.47 million people around the world as of Monday, killing at least 534,784 people.
Facebook makes education push in India
Facebook, which reaches more users than any other international firm in India, has identified a new area of opportunity to further spread its tentacles in the world’s second largest internet market. On Sunday, the social juggernaut announced it had partnered with the Central Board of Secondary Education, a government body that oversees education in private [ […]
Indians keep their distance in mass tree planting campaign
More than 2 million people have gathered in northern India while trying to practice social distancing to plant 250 million trees as part of a government plan to tackle climate change
Bengal bump hits Bangladesh ties
A decision by the Mamata Banerjee government to stop all goods from Bangladesh through the Petrapole-Benapole border since March has resulted in serious damage to bilateral trade and it came to a head-on Wednesday with Bangladesh refusing to allow Indian trucks to cross the border. The Centre had told Bengal its actions were in clear violation of the MHA ord […]
Iran’s Naval Forces Eye Presence In The Indian Ocean … Again
This isn’t the first time Tehran has eyed a significant naval presence in that ocean
UK government takes $500 million stake in space exploration firm OneWeb
Image: OneWeb As part of a consortium that includes Indian telecom Bharti Global, the UK government will invest $500 million and take a “significant equity share” in space exploration firm OneWeb, it announced Friday. OneWeb, which has its headquarters in the UK, filed for Chapter 11 bankruptcy protection in the US in March, after it was unable to secure fin […]
Zero baggage fares can generate $400 million in revenues for airlines, benefit customers, says CAPA India
While advising the government to allow airlines to do so, the advisory also called for #39;commercial freedom#39; of carriers
Coronavirus live news: India reports nearly 20,000 new cases for second day running
Mumbai extends lockdown as India records 19,459 new cases; China’s military approves vaccine for use on its soldiers; Ireland reopens pubs, gyms and hairdressers; global deaths exceed 500,000Global report: Covid-19 deaths pass half a millionUS health secretary says ‘window closing’ to stop virusNew Zealand’s isolation facilities under ‘extreme stress’See all […]
India’s spice export to China slows down after Galwan row
The exporters reckon that the current problems will be temporary. “We hope that what is happening at the border will not affect commerce and trade,” noted Rajiv Palicha, chairman of All India Spices Exporters Forum.