Bihar’s Gross State Domestic Product (GSDP) grew 10.73% during 2012-13 — the only State that clocked a double-digit growth rate during the year. The growth rate was 10.29% in 2011-12 and 15.03% in 2010-11. Continue reading
NEW DELHI: Prime Minister Narendra Modi’s programme on the occasion of Teacher’s Day, was telecast live in several schools across the country on Friday afternoon. Ahead of the PM’s speech (video attached), students made some presentations and speeches. Around 12 million students from around the country were connected via video conferencing with the PM. Here are the highlights: Continue reading
NEW DELHI: Seven years after the then Australian Prime Minister John Howard decided to sell uranium to India, a non-signatory of the nuclear non-proliferation treaty, New Delhi and Canberra signed the civilian nuclear cooperation agreement on Friday, with Howard’s successor Tony Abbott saying that Australia “trusts India” with its uranium. Continue reading
Tony Abbott, who flew into New Delhi late on Thursday after meeting business leaders in Mumbai, said the long-awaited agreement was a sign of “mutual trust” after a long-standing ban on uranium sales to India was lifted in 2012. Continue reading
SYDNEY: Australian Prime Minister Tony Abbott will undertake his first visit to India next week to further strengthen the strategic partnership and promote trade and investment between the two countries, which are also likely to ink the much-awaited uranium deal.
“I will travel to India and Malaysia from September 4 to 6. On my first visit to India as Prime Minister, I will visit New Delhi and India’s financial capital, Mumbai, to strengthen the strategic partnership between our two countries,” he said. Continue reading
KYOTO: Prime Minister Narendra Modi said on Saturday that the India-Japan relationship was below potential and the two sides would strive to achieve in five years the unrealised hopes of five decades.
In a statement before departing from Delhi, Modi said he was “deeply grateful” to Japanese Prime Minister Shinzo Abe for joining him in Kyoto. Continue reading
NEW DELHI: Prime Minister Narendra Modi on Thursday launched his government’s ambitious mega financial inclusion scheme, Jan Dhan Yojana, to bring the poor into the “economic mainstream” and to “eradicate financial untouchability”.
Some 1.5 crore bank accounts are expected to be opened on the first day itself, that will be a record of sorts. Continue reading
NEW DELHI: In a bid to further improve governance, Prime Minister Narendra Modi on Wednesday set up a two-member committee to identify “obsolete” laws, which he thinks are hampering the public good by creating “avoidable confusion”. Continue reading
NEW DELHI: The National Judicial Appointments Commission brought in by the NDA government could be appointing 21 judges to the Supreme Court during Narendra Modi’s tenure. That makes up 68% of the total strength of 31 judges in the apex court.
Given the corresponding 759 possible vacancies that may arise in the 24 high courts across the country till May 2019, the new NJAC could be involved in selection of 80 per cent of those judges, including chief justices of almost all the high courts, over five years. Continue reading
MUMBAI: Finding a way into India’s vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the barriers holding back retail powers such as Wal-Mart and Ikea.
Some investors see India as the world’s next big e-commerce opportunity, with the upcoming mammoth public stock offering of Chinese online giant Alibaba hinting at the potential. Continue reading