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New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
Hyderabad: The bodies of seven Maoists in the ongoing combing operations and gunfight inside the Indravati National Park of Bijapur district in Chhattisgarh were recovered on Saturday, June 7. After the killing of Communist Party of India (Maoist) central committee member Narasimha Chalam alias Sudhakar on June 5, another top leader and special zonal committee member of the Telangana state committee, Mylarapu Adelu alias Bhaskar, was gunned down on June 6. He was carrying a bounty of Rs 45 lakh ...Read More >
New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
New Delhi, Jun 7 (PTI) India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given India's inflation rate between 2017 and 2021, a revised extreme poverty line of USD 3 would constitute a 15 per cent higher threshold than USD 2.15 expressed in 2021 prices and result in a 5.3 per cent poverty rate in 2022-23, the World Bank said in a report. Also Read | ICU Hor ...Read More >
New Delhi, Jun 7 (PTI) India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given India's inflation rate between 2017 and 2021, a revised extreme poverty line of USD 3 would constitute a 15 per cent higher threshold than USD 2.15 expressed in 2021 prices and result in a 5.3 per cent poverty rate in 2022-23, the World Bank said in a report. In India, the repor ...Read More >
NEW DELHI: In an effort to enhance access to drinking water in public spaces, the Delhi government is set to roll out a pilot project to install 20 water ATMs under a Corporate Social Responsibility (CSR) initiative. The project is aimed at addressing the scarcity of potable water facilities in high-footfall areas such as markets, hospitals, metro stations, and bus terminals. The initiative will be executed on a public-private partnership (PPP) model, with private entities invited to install an ...Read More >
NEW DELHI: The Indian Navy will commission the first of the 16 Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), INS Arnala, at the Naval Dockyard, Visakhapatnam, on June 18. Eight more ASW-SWC warships are being constructed by Cochin Shipyard Limited, Kochi. The indigenous defence manufacturing augments the anti-submarine warfare capabilities of the navy. The contract for the 16 craft was signed in April 2019. The Indian Navy on Friday said, "The event marks the formal induction of the fi ...Read More >
Pune: Akasa Air on Friday announced its strategic partnership with Adani Airport Holdings Ltd. (AAHL), the largest operator of PPP airports in India, to commence commercial flight operations from the upcoming Navi Mumbai International Airport (NMIA).As one of the early airline partners to confirm operations from NMIA, Akasa Air reinforces its commitment to shaping the future of Indian aviation through enhanced connectivity and sustainable expansion, further strengthening India's dual-airport str ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM b ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrate ...Read More >
Pakistan's former Foreign Minister and Chairman of the Pakistan People's Party (PPP), Bilawal Bhutto Zardari, recently faced public embarrassment at a United Nations press briefing after he was fact-checked by a reporter for making unsubstantial claims that Muslims were being 'demonised' in India. Bilawal Bhutto, part of Islamabad's diplomatic team at the UN, made the remarks during a press conference to clarify Pakistan's stance on Kashmir. Pahalgam attack was politicised to demonise Indian Mu ...Read More >
New Delhi [India], May 23 (ANI): The US dollar has likely to be entered in a long-term downtrend because of several economic and political factors that suggest a weaker dollar in the coming years, according to a report by Jefferies. The report highlighted that on 24 December last year, America reached an all-time high of 67.2 per cent share in the MSCI All Country World Index. This was during a time of strong optimism and talk about "American exceptionalism." Also Read | Karnataka Court Summon ...Read More >
New Delhi, May 20 (SocialNews.XYZ) Vowing to retain sports talent in the city, Chief Minister Rekha Gupta on Tuesday promised to set up a Delhi Sports Council to boost facilities for students and assured enhanced budgetary support for the proposed Delhi Sports University. Speaking at the opening ceremony of Delhi Games 2025, organised by the Delhi Olympic Association, CM Gupta said, "Under the previous governments, there were poor facilities for sportspersons who were forced to go to other stat ...Read More >
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is ju ...Read More >
Central government will fund 40 per cent of the projects, private developers 60 per cent The Andhra Pradesh government on Monday approved the first phases of metro rail projects for Visakhapatnam and Vijayawada. The estimated total cost of these projects is Rs 22,507 crore, with Rs 11,498 crore allocated for Visakhapatnam and Rs 11,009 crore for Vijayawada. In Visakhapatnam, Phase-I will feature three corridors: Steel Plant Junction to Kommadi (34.40 km), Gurudwara to Old Post Office (5.08 km) ...Read More >
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