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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: The Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with NITI Aayog and the World Bank as knowledge partner, successfully hosted a two-day National Workshop on 'Using Alternate Data Sources and Frontier Technologies for Policy Making' at Bharat Mandapam, New Delhi on June 5-6, 2025. The event brought together over 450 participants, including government officials, statisticians, industry leaders, researchers, and representatives from multilateral organisat ...Read More >
New Delhi, June 7 (SocialNews.XYZ) In a significant feat under Prime Minister Narendra Modi's visionary government, India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022-23 from 27.1 per cent in 2011-12, latest World Bank data has revealed. About 75.24 million people were living in extreme poverty in India during 2022-23, a massive drop from 344.47 million in 2011-12. According to the World Bank data, this means 269 million indiv ...Read More >
New Delhi: Since the terrorist attack in Pahalgam, Jammu and Kashmir in April, India and Pakistan's relations have been going through a very difficult phase. After the Pahalgam attack, India immediately suspended the Indus Waters Treaty (IWT) that was signed decades ago with Pakistan. This has left Pakistan agitated, and it has written several letters to India regarding this matter. Following the attack in Pahalgam on April 22, on April 24, Devshree Mukherjee, Secretary of the Ministry of Jal S ...Read More >
Hyderabad: Prime Minister Narendra Modi on Friday said he would participate in the G7 Summit in Kananaskis later this month and thanked Canadian Prime Minister Mark Carney for inviting him. Taking to his X handle, PM Modi wrote India and Canada will work together with renewed vigour, guided by mutual respect and shared interests. "Glad to receive a call from Prime Minister @MarkJCarney of Canada. Congratulated him on his recent election victory and thanked him for the invitation to the G7 Summ ...Read More >
Lucknow, June 6: Kalimullah Khan, popularly known as the 'Mango Man' of India, has named a newly developed mango variety after Defence Minister Rajnath Singh. Grown using his signature grafting technique in his Malihabad orchard, the new variety has been named 'Rajnath Aam'. Khan, who has earlier named mango varieties after several prominent Indian personalities, including Sachin Tendulkar, Aishwarya Rai, Akhilesh Yadav, Sonia Gandhi, Narendra Modi, and Amit Shah, was awarded the Padma Shri for ...Read More >
Lucknow, Jun 6 (PTI) Kalimullah Khan, popularly known as the 'Mango Man' of India, has named a newly developed mango variety after Defence Minister Rajnath Singh. Grown using his signature grafting technique in his Malihabad orchard, the new variety has been named 'Rajnath Aam'. Also Read | Lucknow Toddler Rape Case: Man Accused of Abduction, Sex Assault of 3-Year-Old Girl Killed in UP During Police Encounter. Khan, who has earlier named mango varieties after several prominent Indian personal ...Read More >
Lucknow, Jun 6 (PTI) Kalimullah Khan, popularly known as the 'Mango Man' of India, has named a newly developed mango variety after Defence Minister Rajnath Singh. Grown using his signature grafting technique in his Malihabad orchard, the new variety has been named 'Rajnath Aam'. Khan, who has earlier named mango varieties after several prominent Indian personalities, including Sachin Tendulkar, Aishwarya Rai, Akhilesh Yadav, Sonia Gandhi, Narendra Modi, and Amit Shah, was awarded the Padma Shr ...Read More >
New Delhi: Alternative datasets offer crucial distinctive perspectives, making them essential for policymaking, chief economic advisor (CEA) V Anantha Nageswaran said on Thursday. However, he emphasised that these data sources are not a substitute to the official statistical system and serve as a complement to it. Official statistics are backed by decades of usage, rigorous methodologies and inbuilt checks, which lend them a high degree of reliability and accuracy, Nageswaran said at a two-day ...Read More >
Washington, Jun 5 (PTI) Congress MP Shashi Tharoor, leading a multi-party delegation to the US, was Thursday asked a question by his journalist son whether government interlocutors sought evidence of Pakistan's culpability in the Pahalgam attack to which he replied India would not have conducted Operation Sindoor without convincing evidence. "That shouldn't be allowed. This is my son," Tharoor said laughing, during an interaction at the Council on Foreign Relations when his son Ishaan Tharoor, ...Read More >
NEW DELHI: Despite the setback in the IMF, where India failed to stop the multilateral agency from extending a loan of $2.4 billion to Pakistan, the Indian government would continue to oppose access of funding from these agencies. The Indian government is going to oppose the World Bank's decision to fund Pakistan's development programme when the matter comes up for discussion next month, a top government source told TNIE. The World Bank is likely to discuss a $20 billion lending package for Paki ...Read More >
NEW DELHI, May 23 (Reuters) - India will push the Financial Action Task Force (FATF), a global financial crime watchdog, to add arch-rival Pakistan to its "grey list", a top government source in New Delhi said on Friday. Pakistan was taken off the FATF grey list in 2022, boosting its reputation among lenders - which is essential for the crisis-hit economy. India will also oppose upcoming World Bank funding for Pakistan, amid renewed tensions between the two nuclear-armed neighbours, the govern ...Read More >
New Delhi, Jan 17 (VOICE) Prime Minister Narendra Modi will distribute 65 lakh property cards in more than 50,000 villages across the country under the SVAMITVA Scheme on Saturday (January 18), marking a historic achievement in the empowerment of rural India, the Ministry of Panchayati Raj said.The PM will preside over the e-distribution of SVAMITVA Property Cards through video conference. The PM's event will span 10 States - Chhattisgarh, Gujarat, Himachal Pradesh, Madhya Pradesh, Maharashtra, ...Read More >
India is gearing up to host the World Boxing Cup Final in November 2025. The Boxing Federation of India will also host the World Boxing Congress. Elections for World Boxing leadership will occur during the Congress. This marks India's first major international boxing event since joining the new World Boxing governing body. The event schedule will be finalized in January.India is set to host the World Boxing Cup Final in November next year, reaffirming its support for the breakaway World Boxing ( ...Read More >
Hyderabad: BRS MLA Kalvakuntla Kavitha asked the state govt to clarify how the govt approached the World Bank for a loan of 4,100 crore and also sought 14,000 crore financial support from the Centre when the detailed project reports (DPRs) of the project were not prepared. Speaking in the legislative council during the question hour on Tuesday, the MLC said generally the govt asks for financial aid or loans after estimations are prepared, but the govt has been maintaining that no DPRs were prep ...Read More >
Hyderabad (Telangana) [India], December 18 (ANI): Bharat Rashtra Samiti (BRS) leader and MLC K Kavitha on Wednesday accused the Telangana government of misleading the public about Musi River beautification project. "Why is the Congress government deceiving the people of Telangana? Why this secrecy about the project and its funding?" Kavitha said in an official statement. Also Read | Congress MLAs Arrive at Madhya Pradesh Assembly With Tea Kettles, Alleging BJP Government's 'Failure' Over Job C ...Read More >
Hyderabad: Bharat Rashtra Samithi (BRS) MLC K. Kavitha has accused the state government of using the Musi Riverfront Development Project to displace thousands of families for the benefit of real estate developers. Speaking to the media on Wednesday, Kavitha slammed the Congress-led government, alleging a lack of transparency, mounting debts, and no clear compensation plan for those affected by the project. Kavitha's remarks come after Chief Minister A. Revanth Reddy reportedly appealed to the B ...Read More >
New Delhi, Dec 12 (SocialNews.XYZ) With EV sales reaching 1.2 million and achieving 5 per cent market penetration in FY24, the shift toward electric mobility is rapidly gaining momentum in India, a report said on Thursday, adding that right policy support and faster decision-making can help in fostering collaborations across stakeholders. EVs are emerging as a transformative solution, in line with India's COP26 commitment to transition to 100 per cent zero-emission vehicles by 2040. According ...Read More >
New Delhi, Dec 12 (VOICE) With EV sales reaching 1.2 million and achieving 5 per cent market penetration in FY24, the shift toward electric mobility is rapidly gaining momentum in India, a report said on Thursday, adding that right policy support and faster decision-making can help in fostering collaborations across stakeholders.EVs are emerging as a transformative solution, in line with India's COP26 commitment to transition to 100 per cent zero-emission vehicles by 2040. According to the KPMG ...Read More >
New Delhi, Dec 12 (VOICE) Total FDI inflows into India over the last decade (April 2014 to September 2024) amounted to $709.84 billion, accounting for 68.69 per cent of the overall FDI inflow in the past 24 years which crossed the $1 trillion mark, according to the Commerce and Industry Ministry's year-end review released on Thursday."This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year," the review stated. ...Read More >
New Delhi, Dec 11 (PTI) India's maritime sector is poised to play a transformative role in the country's vision of becoming world's third-largest economy, Vice President Jagdeep Dhankhar said Wednesday. Today, India stands as an emerging maritime powerhouse, strategically leveraging its geographical location and advanced infrastructure to spearhead global maritime initiatives, the Vice President said. "With the global blue economy projected to reach USD 6 trillion by 2030, India's maritime sec ...Read More >
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in I ...Read More >
Bhubaneswar: With potato traders in West Bengal calling off their strike on Tuesday, Odisha markets are hoping supply will soon resume from the neighbouring state, normalising price. "Since the West Bengal govt has assured traders that they can supply potatoes to other states, we are hopeful that the situation will improve here. Once the stranded trucks from WB arrive in the Odisha market, the price of potatoes will stabilise and may drop to earlier rates," said Sudhakar Panda, secretary of Odi ...Read More >
The report highlights the alarming health trends in Fiji, where NCDs have reached catastrophic levels, costing the country approximately US$260 million (FJD 591 million) annually. Fiji is facing a critical health crisis, with non-communicable diseases (NCDs) responsible for 80% of deaths, especially affecting the working-age population. In response, a new World Bank report titled Fiji Health Sector Review, "Mo Bulabula, ka Bula Balavu" calls for urgent investment in a more robust, efficient h ...Read More >
Ulan Bator: Mongolia's economy is projected to grow by 5.3 per cent in 2024 and 6.5 per cent in 2025, driven by robust mining production and domestic demand, according to the World Bank's latest semi-annual Mongolia Economic Update on Friday. Economic growth in Mongolia remained steady at 5.7 per cent year-on-year during the first half of 2024, with high-frequency data indicating continued momentum into the third quarter, Xinhua news agency reported. The World Bank attributed this solid perfor ...Read More >
The Minister for Information, Communication, Technology and National Guidance, Hon. Chris Baryomunsi has unveiled government plans to extend internet connectivity to all sub-counties through a loan acquired from the Exim Bank of China. Baryomunsi said that with the US$150 million, government will go beyond its ministries, departments, agencies (MDAs) and district headquarters) to connect all sub-counties to the National Backbone Infrastructure (NBI). "This is vital for ensuring that all region ...Read More >
The history of reform episodes, recently reviewed by the IMF, shows that the pace of reform efforts has more than halved since the global financial crisis of 2008-09 It is pertinent that structural reforms come into focus following economic crises, be they local or global. It is no different this time. With a series of crises in the backdrop, starting with a pandemic, then war and sanctions, more armed conflicts, and much else that continue, structural reforms have become critical for enhancing ...Read More >
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