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India is pressing multilateral development banks (MDBs) to lend more in Japanese yen and Indian rupees in an attempt to reduce borrowing costs and manage exchange rate risks more effectively, two officials aware of the matter said. New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and the rupee's appreciation against the Japanese currency. Many of these loans finance infrastructure and development projects. "Yen rates r ...Read More >
Mumbai (Maharashtra) [India], July 4 (ANI): Shiv Sena (UBT) leader Aaditya Thackeray on Friday slammed the Centre for allegedly granting a nod to Pakistan to play the Hockey Asia Cup in India. Speaking to reporters, Thackeray said, "Hockey Asia Cup is going to be held in Bihar. The Union Ministry of Sports has given an NOC to Pakistan's team to participate in it. If no one objects, BCCI will soon grant permission to Pakistan to participate in the Cricket Asia Cup as well. Now, when we are fight ...Read More >
Noting that Chief Minister Bhagwant Mann appointed former IMF senior economist Arbind Modi as chief adviser and former World Bank economist Sebastian James as adviser to revive Punjab's struggling economy, Bajwa questioned the effectiveness of the appointments. "Is this the expertise that globally renowned economists are offering the AAP government? Even AAP leader Arvind Kejriwal, who often boasts about his revenue management skills, has failed to support Punjab in its hour of need," he said. ...Read More >
Trinamool Congress MP Mahua Moitra criticized Prime Minister Narendra Modi during his international tour, questioning the effectiveness of India's diplomatic efforts in isolating Pakistan globally. Moitra commented on Modi's extensive traveling and expressed concerns about Pakistan's support from international organizations. As Prime Minister Narendra Modi embarked on a multi-nation tour, he faced critical remarks from Trinamool Congress MP Mahua Moitra, who questioned why India's diplomatic ac ...Read More >
New Delhi, Jul 2 (PTI) As Prime Minister Narendra Modi embarked on a five-nation tour, Trinamool Congress MP Mahua Moitra on Wednesday called him a "globetrotting" PM and asked why diplomatic efforts of the government were "unable" to isolate Pakistan at the global stage. In a video statement, Moitra said Modi is "probably the one Prime Minister who's travelled the most on taxpayers' money, apparently cementing India in the global world order and making sure that we are in prime position". "A ...Read More >
Mumbai, July 1 (SocialNews.XYZ) The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record $135.46 billion, according to data compiled by the RBI. The RBI said the inflows, classified under "private transfers", accounted for more than 10 per cent of India's gross current account flows of $1 trillion in FY25. Personal transfer receipts, mainly representing remittances by Indians employed overseas, rose to $33.9 billion i ...Read More >
CHENNAI: Chief Minister MK Stalin on Monday flagged off 120 low-floor electric, non-AC buses from the Vyasarpadi Metropolitan Transport Corporation (MTC) depot. This marks the first time that e-buses have been introduced by a state-run transport undertaking (MTC) in Tamil Nadu. Each electric bus when fully recharged, which takes up to two hours, can be operated for 200 km. The electric buses have been provided with emergency panic buttons at 13 places, 4 surveillance cameras, one mobile chargin ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
Mumbai: Even as global economic risks mount, India continues to stand out as a key engine of global growth on the back of strong domestic fundamentals and a resilient financial system, RBI governor Sanjay Malhotra said in the central bank's financial stability report."In a world of increasing uncertainty, India remains a key driver of global growth," Malhotra said, highlighting the country's robust demand, prudent policymaking, and macroeconomic stability. While external shocks and climate-relat ...Read More >
Chennai got its first fleet of low-floor electric buses with Chief Minister M.K. Stalin flagging off 120 vehicles from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot on Monday (June 30, 2025). Each bus, when fully charged one-time, can travel up to 200 kilometres, and features 39 seats with seat belts, CCTV cameras, and LED displays to provide information on bus stops. The Chief Minister also inaugurated the MTC's upgraded electric bus depot at Vyasarpadi at a cost of ₹47.50 c ...Read More >
Chennai, June 30 (SocialNews.XYZ) Tamil Nadu Chief Minister M.K. Stalin on Monday flagged off Chennai's first fleet of low-floor electric buses from the Metropolitan Transport Corporation's (MTC) Vyasarpadi depot, marking a significant step towards greener urban transport in the city. A total of 120 electric buses, worth Rs 207.90 crore, have been introduced under the Chennai City Partnership Programme and Chennai Sustainable Urban Services Programme, with support from the World Bank and Asian ...Read More >
Beyond the famed Jagannath Puri, Odisha unveils a wealth of ancient temples, each a testament to the region's rich history and architectural prowess. From the iconic Konark Sun Temple to the serene Mukteshwar Temple, these lesser-known shrines offer a spiritual journey through time.Jagannath Puri is iconic, majestic, and practically one of the major crowd pullers in the region. But Odisha's temple run doesn't stop at Puri's gates. Here, you will find a treasure trove of historical temples that h ...Read More >
Pakistan has welcomed the Permanent Court of Arbitration's ruling on hydroelectric projects in Jammu and Kashmir, expressing readiness for talks with India regarding the Indus Waters Treaty. However, India has strongly rejected the ruling, asserting it doesn't recognize the arbitration framework and views it as a Pakistani attempt to evade accountability for terrorism.Pakistan on Saturday welcomed the ruling by the Permanent Court of Arbitration in The Hague over two hydroelectric projects in Ja ...Read More >
New Delhi: Indus Waters Treaty: India has refused to accept the validity of the Court of Arbitration created under the Indus Water Treaty. This court had issued a supplemental award on its ability to hear cases related to Kishanganga and Ratle projects in Jammu and Kashmir. India has opposed the proceedings of this court set up by the World Bank in The Hague in October 2022 from the very beginning. The Ministry of External Affairs issued a statement on Friday, June 27, calling it a 'new drama d ...Read More >
NEW DELHI: India on Friday rejected a ruling by the Permanent Court of Arbitration in The Hague that it can continue hearing a case related to Pakistan's objections to Kishenganga and Ratle hydropower projects despite New Delhi's decision to suspend the Indus Waters Treaty, and said it has never recognised this court. The Indian side has never participated in the proceedings at the Permanent Court of Arbitration since Pakistan raised objections to certain design elements of the 330 MW Kishangan ...Read More >
Digha (WB), Jun 27 (PTI) Idols of Lord Jagannath and his two siblings were placed inside their chariots in front of the new temple in West Bengal's Digha town, where the Rath Yatra will begin in a few hours on Friday. All other preparations for the festival are in full swing, while the administration is ready to conduct the event smoothly, an official said. "The idols of Lord Jagannath, Lord Balabhadra and Devi Subhadra were put up in their chariots kept near the main temple gate as the siblin ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Redd ...Read More >
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has directed the introduction of by-laws to ensure a uniform design for shops across the province. During a meeting, she emphasized that once the Punjab Development Programme is completed, the aesthetic quality of every city should meet a high standard. The chief minister approved a development program aimed at improving 189 cities, and it was decided to set up a Project Management Unit for overseeing the initiative. The program will involve con ...Read More >
While Pakistan is set to chair the Taliban Sanctions Committee of the UN Security Council in 2025, it failed to get what it wanted - to secure chairmanship of other UN Sanctions Committees - possibly due to its dismal record of keeping cross-border terrorism emanating from its soil in check. Apart from chairing the UNSC Taliban Sanctions Committee, Pakistan will also be the vice-chair of the Counter-Terrorism Committee of the 15-nation UN body. According to a list of chairs of the subsidiary bo ...Read More >
India suspended Indus Waters Treaty after the Pakistan-linked Pahalgam terror attack Quick Read Summary is AI generated, newsroom reviewed. Pakistan has sent four letters to India urging a reconsideration of the suspended Indus Waters Treaty amid a looming water crisis. India insists that the treaty will remain on hold until Pakistan ceases cross-border terrorism, emphasizing security concerns. New Delhi: Pakistan has written four letters, one after another, requesting India to reconsider i ...Read More >
New Delhi, June 8 (SocialNews.XYZ) In a strong endorsement of Prime Minister Narendra Modi's transformational governance, Bharatiya Janata Party MP from Chandni Chowk Praveen Khandelwal said on Sunday that the latest World Bank data reflects the success of inclusive policies that have uplifted millions. According to the newly released report, 269 million people in India have been lifted out of extreme poverty between 2011-12 and 2022-23. The World Bank data reveals a steep decline in the extre ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastr ...Read More >
New Delhi: Nearly 270 million people moved out of extreme poverty in India between 2022- 23 and 2011-12, when their number shrank to 5.3% of the population from 27.1%, according to latest data released by the World Bank. India's achievement comes even as the multilateral lender raised the global threshold to measure extreme poverty to $3 per person per day from $2.15 and incorporated the 2021 purchasing power parity (PPP) for the calculation. "While the change (in threshold) led to a global in ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced b ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, An ...Read More >
Shillong, June 7 (SocialNews.XYZ) Even as the hectic search for the missing Madhya Pradesh woman continued for over two weeks on Saturday, Meghalaya's lone BJP Minister, Alexander Laloo Hek has supported the families' demand for a CBI probe into the death of Raja Raghuvanshi, whose wife Sonam is still missing. The decomposed body of Sonam's husband Raja Raghuvanshi was recovered on June 2. The couple from Indoor in Madhya Pradesh went missing on May 23 while visiting Meghalaya's Sohra-Cherrapu ...Read More >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled "Using Alternate Data Sources and Frontier Technologies for Policy Making." This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. Also Read | UK Foreign Secretary David Lammy Meets PM Narendra ...Read More >
Chennai: Over the past decade India has lifted 171 million people from extreme poverty. Those living on less than $2.15 per day fell from 16.2 percent in 2011- 12 to 2.3 percent in 2022-23, finds the World Bank. However, Wage disparity remains high, with the median earnings of the top 10 per cent being 13 times higher than the bottom 10 per cent in 2023-24. Rural extreme poverty dropped from 18.4 percent to 2.8 percent, and urban from 10.7 percent to 1.1 percent, narrowing the rural-urban gap f ...Read More >
Guwahati: Madhya Pradesh Chief Minister Mohan Yadav on Saturday announced that he has requested Union Home Minister Amit Shah to order a Central Bureau of Investigation (CBI) probe into the disappearance of an Indore-based woman in Meghalaya. Chief Minister Mohan Yadav, in a public statement, stated that he has already discussed the grave matter with Meghalaya Chief Minister Conrad Sangma. Ready for a challenge? Click here to take our quiz and show off your knowledge! He added that police off ...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 >
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