The Centre’s move to infuse Rs. 2.11 lakh crore capital into public sector banks over the next two years, through a blend of financial mechanisms, is expected to help revive the economic growth momentum, after short-term disruptions caused by structural reforms. Infusion of capital Rs. 1.35 lakh crore will be through recapitalisation bonds, Rs. 18000 crore through budgetary provision and the remaining Rs. 58000 ...
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Category: Current Affairs
Quantum Computing May Lead to Revolutionary Breakthroughs
Quantum Computing, Mixed Reality and Artificial Intelligence are the three key newer technologies that would shape the future in the decades to come, as visible to Microsoft CEO Satya Nadella, who was here in India and on Tuesday 7 November 2017 was discussing about the future of technology and impact of digital economy on privacy. His observation is that computing history had been all about enhancing the man-ma...
Pollution is a Winnable Battle
Lancet Commission on Pollution and Health released a report on 19 October 2017 on the first ever global analysis of impacts from all forms of pollution that include air, water, soil, and occupational pollutions; exploring economic costs and social injustice that aims to elevate pollution issue squarely into the international development agenda, ready for solutions. Input was pro...
Dragon & Elephant Should Dance Together
Indian Prime Minister Narenda Modi and Chinese President Xi Jinping Summit held on Tuesday September 5, 2017; on the side-lines of BRICS Summit hosted by China in Xiamen city of China; was a turning point in positive trend in Sino-Indian relations. The two leaders had their first substantive, constructive and forward looking bilateral meeting; after the Doklam standoff, which h...
Interlocutor for Sustained Dialogue to Bridge Trust Deficit in J&K
Centre’s announcement of appointment of Dineshwar Sharma, a former Director of the Intelligence Bureau, as a “Special Representative” or the Interlocutor to initiate “sustained dialogue process” with all stakeholders within Jammu and Kashmir is a welcome and a logical step forward in the Centre's outreach to the people of the state that began with Prime Minister Narendra Modi indicating a change of track in his ...
Indian Coast Guard Ship Vikram Sails with Indigenisation Initiatives
"Vikram", Indian Coast Guard Ship (ICGS), Lead Offshore Patrol Vessel (OPV), entirely developed in-house by Larsen and Toubro (L&T) and India’s first-ever such defence craft to be built in an Indian private shipyard in a record time frame, was launched by Smt. Jyoti Murthy in the presence of V S R Murthy, Additional Director General, Indian Coast Guard, Vice Admiral B. Kannan (Retd), MD &...
India’s Historic Jump in Doing Business Rankings
World Bank’s Doing Business Report, 2018 released on Tuesday 31 October, 2017 recognized India as one of the top five reformers in this year’s assessment. India has jumped a massive 30 places to occupy the 100th position in World Bank assessment of 190 nations, registering its highest ever increase in Ease of Doing Business Ranking this year. It was ranked 142 in 2014, 131 in 20...
Green Buildings to Improve Health
Green buildings are for health and well-being and the concept is based on the facts that our environment can shape our behaviors and health outcomes. Environmental interventions improve health outcomes. This environment includes the man-made indoor spaces and natural spaces around us. Fresh air, clean water, good nutrition, adequate light, regular physical activity, and meaningful social connect...
Demonetisation a Decisive Battle & Multi-Dimensional Success
On the first anniversary of demonetisation, Prime Minister Narendra Modi termed it a historic and multi-dimensional success. He tweeted: Demonetisation was a "decisive battle" 125 crore Indians fought against black money and won. He said the move formalised the Indian economy and ensured better jobs for the poor, while cleansing the financial system. Arun Jaitley, Union Finance Minister, stated that November 8, ...
Chabahar Port – India’s Gateway to Afghanistan & Central Asia
Chabahar port of Iran is now operational as an alternate, reliable and robust connectivity for Afghanistan, with a ceremony on 29 October 2017 when India’s External Affairs Minister Smt. Sushma Swaraj and Foreign Minister of the Islamic Republic of Afghanistan H.E. Salahuddin Rabbani, through a joint video conference, flagged off the first shipment of wheat from India to Afghanistan from the Kan...