editor

603 Posts
Dilma Rousseff, a former president of Brazil’s government, “unanimously” chosen to lead the New Development Bank

Dilma Rousseff, a former president of Brazil’s government, “unanimously” chosen to lead the New Development Bank

Dilma Rousseff, a former president of Brazil, will lead the BRICS BankDilma Rousseff, a former president of Brazil's government, was "unanimously" chosen on Friday to lead the New Development Bank (NDB), a global financial organisation founded by the BRICS (Brazil, Russia, India, China, and South Africa) nations.The 75-year-old Rousseff succeeds her countryman Marcos Troyjo, according to the Shanghai-based bank.According to a press release from the bank, "The Board of Governors of the NDB of the BRICS, (Brazil, Russia, India, China, South Africa), overwhelmingly elected Rousseff as the President of the Bank, effective immediately."
Read More
Portions of Delhi have experienced heavy rain

Portions of Delhi have experienced heavy rain

On Friday night, there was significant rainfall in some areas of the capital.North Delhi, Laxmi Nagar, ITO, Mandi House, Jor Bagh, and Lajpat Nagar all reported seeing rain.There was a drizzle in the midday in the capital. The sun occasionally broke through the clouds, but the weather was comfortable the entire day.
Read More
Cong said it is now time for the party to systematically strengthen opposition cohesion

Cong said it is now time for the party to systematically strengthen opposition cohesion

On Friday, the Congress said it was time for the party to take on the task of bringing the opposition together in a "systematic approach" and welcomed the opposition leaders' statements denouncing Rahul Gandhi's expulsion from the Lok Sabha.The grand old party also claimed that it had been working with other opposition parties in Parliament, and that the collaboration now needed to extend outside of the two Houses. As Rahul Gandhi was barred from the Lok Sabha due to his conviction in a defamation case by a Gujarat court on Friday, leaders of nearly all opposition parties stood by him…
Read More
India world’s fifth largest economy must adopt TFA+ approach

India world’s fifth largest economy must adopt TFA+ approach

What is trade facilitation? The conventional understanding is it includes efforts to minimize obstacles to the cross-border movement of goods. The bigger these obstacles, the more are costs incurred by exporters and importers, reducing their financial margins, and affecting competitiveness.  India the 5th largest economy country have adversely impacted prospects of exports, even when many of them enjoy production advantages of using cheap natural resources and skilled labour.  TFA+ approach has become more evident after the COVID-19 pandemic. Disruptions inflicted by the pandemic on supply chains were bizarre. It’s a major objective policy of India for now.  
Read More
Government of Sri Lanka claims opposition is attempting to thwart IMF bailout scheme

Government of Sri Lanka claims opposition is attempting to thwart IMF bailout scheme

The Sri Lankan government accused the opposition on Thursday of attempting to undermine the crucial IMF bailout programme by meeting with the ambassadors based in Colombo and asking for their assistance in persuading the international lender to impose stricter conditions with regard to the postponed local elections. The charge was levelled just days after the IMF authorised a USD 2.9 billion rescue programme to aid the indebted nation in overcoming its economic difficulties and spark financial assistance from other development partners. Prasanna Ranatunga, the chief government whip and minister of urban development, stated during a speech in parliament that the…
Read More
The BJP’s Rajasthan branch elected C P Joshi as president, and Samrat Choudhary was named head of the Bihar unit.

The BJP’s Rajasthan branch elected C P Joshi as president, and Samrat Choudhary was named head of the Bihar unit.

The BJP claimed that MLC Samrat Choudhary and Lok Sabha MP CP Joshi had been nominated as the party's presidents of the state units for Rajasthan and Bihar, respectively.Also, it named Virendra Sachdeva, the working president of the Delhi BJP, as the state unit president.The party's Odisha unit president has been named as Manmohan Samal, a former state minister.
Read More
Russia-Ukraine war confirms the relevance of “hard power,” according to the Army Chief

Russia-Ukraine war confirms the relevance of “hard power,” according to the Army Chief

According to Chief of Army Staff Gen. Manoj Pande, the Russia-Ukraine conflict has disproven the idea that future wars will be brief and quick, and the importance of "hard power" has been reaffirmed. Gen. Pande also emphasised the importance of domestic defence production and technological advancement. In his speech on Wednesday at the "PHDCCI DEF X TECH INDIA 2023," he warned about the "history of unsettled borders" that India has and emphasised the idea of "grey-zone aggression," saying it is rapidly becoming a preferred method for resolving conflicts. "The ongoing war between Russia and Ukraine offers some quite helpful guidance.…
Read More
Indian Navy is organising the “Sam No Varunah”

Indian Navy is organising the “Sam No Varunah”

In conjunction with the Navy Welfare and Wellness Association (NWWA), the Indian Navy is organising the "Sam No Varunah" marine awareness coastal motor car trip, which will cross the whole Indian coastline.The expedition will commemorate the "Azadi ka Amrit Mahotsav" and organise awareness campaigns about the various career options the navy provides, notably the Agnipath Scheme, along the route. The initiative attempts to inspire young people to join the Indian Navy by instilling a spirit of adventure in them.India has a long coastline of almost 7,500 kilometres, which is more than the length of our shared land borders with China…
Read More
Prime Minister Narendra Modi attends a high-level meeting on COVID

Prime Minister Narendra Modi attends a high-level meeting on COVID

Prime Minister Narendra Modi presided over a high-level meeting on Wednesday and gave officials instructions to improve genome sequencing while also promoting COVID-appropriate behaviour in light of the country's recent surge in COVID-19 and influenza infections. According to data updated on Wednesday by the Union Health Ministry, India has reported 1,134 new coronavirus cases, bringing the total number of active cases to 7,026. Five fatalities brought the total to 5,30,813. According to the data updated at 8 am, Kerala recorded one death whereas Delhi, Gujarat, Maharashtra, Chhattisgarh, and Kerala each reported one death. In order to examine the COVID-19 and…
Read More
Chinese smartphone maker held for ITC fraud of Rs 19 crore

Chinese smartphone maker held for ITC fraud of Rs 19 crore

A top executive of a Chinese smartphone manufacturer was detained by the Central Goods and Services Tax (CGST) Commissionerate of Mumbai Zone on Wednesday in Maharashtra's Thane district for allegedly illegally claiming input tax credits (ITCs) of Rs 19 crore through fabricated invoices.Mahendra Kumar Rawat, manager of Oppo Mobiles India Private Limited's finance and accounts division, was detained in Bhiwandi town and then produced before a local court, which put him in judicial detention until April 3, according to a statement from the CGST Bhiwandi Commissionerate.He was detained under Section 69 of the CGST Act, 2017 for violating Section 132…
Read More