India remained the fastest-growing large economy in the World with GDP growth of 8.2% in real terms in the first quarter (April- June) Q1 of 2018-19, as China’s economy expanded by 6.7% in April-June, down from 6.8% in the first quarter January-March 2018, in line with a 6.7% rate tipped in an AFP survey of econ...
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Category: Economy
World Economic Forum: The Future of Jobs Report
World Economic Forum: The Future of Jobs Report
The Future of Jobs Report 2018 from World Economic Forum (WEF) released on Monday September 17, 2018 is more positive on the outlook for job creation as the technological changes including artificial intelligence, robots and automation, high-speed mobile Internet and cloud...
Weakening Rupee
Weakening Rupee
Indian Rupee hit its historic low on Tuesday August 14, 2018 crossing the psychological mark of 70 before bouncing back to end slightly higher at ₹69.89 to one US$. Analysts term the fall as more of technical in nature as a result of happenings across the Globe. It’s mainly because of a one-sided fall in Turkish Lira which is ...
India Successfully Test Fires Short-Range Surface-to-Surface Tactical Ballistic Missile “Prahaar”
India Successfully Test Fires Short-Range Surface-to-Surface Tactical Ballistic Missile “Prahaar”
Prahar, surface-to-surface tactical missile, a contemporary weapon system capable of carrying multiple types of warheads and neutralizing a wide variety of targets, was successfully flight tested by Defence Research and Development Organisation (...
Defence Offset Policy
Defence Offset Policy
Defence Offset Policy’s key objective is to leverage capital acquisitions to develop Indian defence industry by:
- (i) Fostering development of internationally competitive enterprises,
- (ii) Augmenting capacity for Research, Design and Development related to defenc...
Economic Diplomacy is a Priority for Indian Foreign Service
Indian Foreign Service - 2017 batch held its valedictory function on Thursday May 31, 2018, where External Affairs Minister of India Smt Sushma Swaraj was the Chief Guest. President Shri Ram Nath Kovind addressing the officer-trainees, when they called on him on Wednesday June 6, 2018 at Rashtrapati Bhavan, said that they are joining the Indian Foreign Service at an exciting tim...
“O-SMART” to Harness Vast Ocean Resources
Blue Economy will get a boost as “Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)”, the umbrella scheme of Ministry of Earth Sciences; has been approval by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday August 29, 2018. Technologies being developed under O-SMART will help in harnessing the vast ocean resources t...
President Visits for Strengthening India-Greece Economic Ties
President Ram Nath Kovind on a State visit to Greece, the first stop of his tri-nation tour of Greece, Cuba and Surinam, on June 18, 2018 highlighted investment opportunities and said India is striving to become a $ 5 trillion economy and the world’s third largest consumer market by 2025, currently India’s economy is estimated at $ 2.5 trillion. He met Greece, the Hellenic RepubliContinue Reading...
LG bound by ‘aid and advice’ of Council of Ministers
Objective of election and power of the elected representatives has been unfolded in the Supreme Court Verdict laying broad parameters for governance in Delhi, which stated that the Lieutenant Governor is bound by ‘aid and advice’ of the popularly elected government and both have to work harmoniously with each other. It noted that there is no room for anarchy or absolutism in a d...
India’s Growth will be driven by the Spirit of: “Anything is possible! Everything is achievable”
"We are future-proofing India in every way, enabling New India to take off," as India’s 125 crore people have knocked at the world scene and today nation is passing through a period of transformation, asserted Prime Minister Narendra Modi, while addressing Y4D New India Conclave at Vigyan Bhawan in New Delhi on July 16, 2018. Gone are the days when India was considered to be amo...