Page 122 - India

Russia in talks with India to develop Northern Sea shipping route: Interfax

Russia and India are looking at expanding the use of the Northern Sea shipping route that passes through the Artic and which could include the building of processing facilities

Japan commits Rs 7,084 crore for three infrastructure projects in India

Japan on Tuesday committed Rs 7,084.5 crore to India for three infrastructure projects, including Patna Metro Rail Construction Project and Rajasthan Water Sector Livelihood Improvement Project. Notes in this regard were exchanged between Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs and Japan Ambassador to India Suzuki Hiroshi, an official statement said. Japan would fund Patna Metro Rail Construction Project (I) of JPY 98.612 billion (about Rs 5,509 crore), Project for Forest and Biodiversity Conservation for Climate Change Response in West Bengal of JPY 9.308 billion (about Rs 520 crore) and Rajasthan Water Sector Livelihood Improvement Project (II) of JPY 18.894 billion (about Rs 1,055.53 crore). Patna Metro Rail Construction Project aims to cope with the increase of traffic demand in the capital city of Bihar by constructing the new metro corridor 1 & 2, thereby contributing to improvement of the urban environment and development of the economy as ..

India develops own mathematical model for estimating TB cases in country

India has become the first country in the world to have developed a country-level mathematical model to estimate the prevalence of TB cases, official sources said on Tuesday. Using this model, TB incidence and mortality estimate data for India will be available by March every year, months before the annual WHO estimates are released in October, they said, adding that India can also prepare similar estimates at the state level in future. The model was presented before the delegates from 40 countries taking part in the 36th Stop TB Partnership Board meeting in Varanasi last week. Most of them lauded it saying they would want to implement it in their countries, the sources said. According to WHO estimates, the TB incidence rate (per 10,000) in India in 2021 was 210. Using the Indian mathematical model, it was estimated to be 196 in 2022. The WHO estimated that the TB incidence absolute number to be 29.50 lakh in 2021. The Indian model suggested it was 27.70 lakh in 2022. According to

India expected to be one of the major beacons of economic growth: KPMG

Strong credit growth and resilience in financial markets are further expected to create an environment that supports investments

G20 Sherpas meet to take stock of work under India's Presidency

Kumarakom in Kerala to host 3-day meet from tomorrow

India has potential to be world's skill capital: Rural Development Minister

India has potential to be the world's "skill capital", Rural Development Minister Giriraj Singh said on Tuesday as his ministry signed an MoU with 19 "Captive Employers" for providing jobs to 31,067 rural youths under a government scheme. According to the Memorandum of Understanding, the government will give these employers the target to train and provide gainful employment to rural youths, with a minimum salary of 10,000 per month for the minimum period of six months. "Prime Minister Narendra Modi has said education should be focused on skill development, and skill development should be focused on providing employment... That is what we are trying to do," Singh said at an event to sign the MoU. "India has the potential to be the skill capital of the world. In this direction today for the first time an MoU is being signed between government and employers," Singh said. He also sought suggestions from the employers on implementing the Deen Dayal Upadhyaya Grameen Kaushalya Yojana ...

Goods, services exports to cross $760 bn in FY23:, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said the country's merchandise and services exports are estimated to cross USD 760 billion in the current fiscal ending March 31. Exports grew to USD 676 billion in 2021-22 from USD 500 billion. Speaking at the annual session of Assocham here, Goyal said that at a time when the whole world is facing recession, high inflation and elevated interest rates, India is performing well. Goyal stressed that over the last 9 years, the focus of the Modi-government has been on building the foundation blocks which are necessary for an economy to have many years of uninterrupted and sustainable growth. Various steps being take by the government are making India more cost competitive, be it the huge investment in infrastructure coupled with logistics, technological advancement, or the PM GatiShakti, he said. He also said the performance of India's global trade has proved the naysayers wrong. "I can say with great pride, happiness, and thank

India, UK scientists collaborate on SMART early warning flood alert system

Scientists from India and the UK have come together to create a real-time early warning system to help reduce the devastating impact of flooding on people and property, particularly in mountainous regions where extreme water events are a major problem. An international team of researchers from the University of Birmingham, Imperial College London, Indian Institute of Technology Roorkee, and People's Science Institute, Dehradun, worked on integrating science, policy and local community-led approaches to create a so-called SMART approach that better fits the local context. Publishing their findings in Natural Hazards and Earth System Sciences' this week, the team hopes their new approach could better signal impending risk from flooding around the world. "A 'wicked' problem is a social or cultural challenge that's difficult or impossible to solve because of its complex, interconnected nature. We believe that integrating social science and meteorological data will help to identify unkno

Tech SME sector revenue to reach $40 bn by FY30, says Nasscom report

North America accounts for 50-55 per cent of the Indian tech SME revenue with specific focus around niche cloud, AI, IoT, and SaaS products

India to become largest civil aviation market in next decade: Scindia

The Union Minister said technology has jumped forward and has become an important protagonist in the future of mankind

India, Africa face common threats like terrorism: Army chief Pande

India and Africa face common threats like terrorism and violent extremism and the collective experience can help to prepare better to deal with emerging security challenges, Chief of Army Staff General Manoj Pande said on Tuesday. Speaking at the conclave of Army chiefs in which 31 delegates from African nations participated, including 10 Army chiefs, General Pande said 25 partner nations are participating in the current edition of the AFINDEX military exercise which concludes on Wednesday. "Our collective experience can help us to better prepare for the emerging security threats," the Army chief said. He said many African armies have experience operating in difficult and challenging environments and can offer valuable insights into their tactics, techniques and procedures. "We face common threats of terrorism and violent extremism that have the potential to adversely affect our development goals," General Pande said.

India reports 1,573 fresh Covid infections, active cases at 10,981

India has logged 1,573 new coronavirus cases, while the active cases have increased to 10,981, according to Union health ministry data updated on Tuesday. The death toll has increased to 5,30,841 with four deaths reconciled by Kerala, the data updated at 8 am stated. The daily positivity rate has been recorded at 1.30 per cent and the weekly positivity rate at 1.47 per cent. The total tally of Covid cases was recorded at 4.47 crore (4,47,07, 525), the ministry said. The active cases now comprise 0.02 per cent of the total infections, while the national Covid recovery rate has been recorded at 98.79 per cent, according to its website. The number of people who have recuperated from the disease has increased to 4,41,65,703, the data stated. The case fatality rate has been recorded at 1.19 per cent. According to the ministry's website, 220.65 crore doses of Covid vaccine have been administered so far under the nationwide vaccination drive.

India to push for rupee trade agenda in G20 meetings, says official

India will be looking to push the rupee trade agenda in the G-20 meetings it is organising as part of its ongoing presidency of the forum, a senior bureaucrat said on Monday. Commerce Secretary Sunil Barthwal said rupee trade will be of help, especially with those countries whose currencies are under pressure. "Definitely, we would like to see that rupee trade also happens, particularly those countries which are facing issues," Barthwal told reporters here, replying to a specific question if India will be looking at the upcoming G-20 meeting of the trade and investment group as a platform to boost rupee trade. He also said that the issue of rupee trade is not directly linked with the G-20 forum. It can be noted that as of now, India has been successful in forging agreements with 18 countries since embarking on the agenda of settling trade in the rupee amid currency volatility last year. India is the President of G-20 in the current term. About 100 delegates from various G-20 ...

610 cases of Covid's new variant XBB1.16 found in India: INSACOG data

A total of 610 cases of Covid's XBB.1.16 variant, which might have been behind the recent rise of coronavirus cases, have been detected across the country, according to INSACOG data. The samples have been found across 11 states and Union Territories. The highest number of Covid cases caused due to this variant has been found in Maharashtra and Gujarat at 164 each, followed by 93 Telangana and 86 in Karnataka, according to INSACOG data. The XBB 1.16 variant was first found in January when two samples tested positive for the variant. India has been witnessing an uptick in COVID-19 cases in the country recently. India logged 1,805 new coronavirus cases, while the active cases have surpassed the 10,000-mark after 134 days, according to the Health ministry data updated on Monday.

India records 1,805 Covid infections, active cases above 10k after 134 days

India has logged 1,805 new coronavirus cases, while the active cases have surpassed the 10,000-mark after 134 days, according to Union health ministry data updated on Monday. The daily positivity rate has been recorded at 3.19 per cent and the weekly positivity rate at 1.39 per cent. The active cases have increased to 10,300, the data updated at 8 am stated. On Sunday, the health ministry had put the count of active cases at 9,433. The death toll has increased to 5,30,837 with six deaths, one each reported by Chandigarh, Gujarat, Himachal Pradesh and Uttar Pradesh in a span of 24 hours, and two reconciled by Kerala. The total tally of Covid cases is 4.47 crore (4,47,05,952), the data stated. The active cases now comprise 0.02 per cent of the total infections, while the national Covid recovery rate has been recorded at 98.79 per cent, according to the health ministry's website. The number of people who have recuperated from the disease has increased to 4,41,64,815, the data stated

Covid cases hit five-month high, weekly deaths at 29, highest since Dec

Experts worldwide though aren't pressing the panic button just yet, buoyed by the great wall of immunity

Here's how China, India plan to overhaul their financial sector regulations

The plans by both nations have become more significant in the wake of the convulsions expected in the global financial market with the sudden collapse of the Silicon Valley Bank

Sri Lanka, India to begin passenger ferry service by end of April

The much-delayed passenger ferry service between Sri Lanka and India is set to start by the end of April, Civil Aviation Minister Nimal Siripala de Silva said on Sunday. On April 29, the ferry service between Karaikal and Kankesanthurai in port in Jaffna district would begin. Each passenger would be allowed a 100 kg baggage allowance at a very concessionary rate," the minister said. De Silva said the opportunity would be open to any passenger ferry operator of both countries to run the service. A passenger terminal is being built by the Sri Lanka Navy at Kankesanthurai. The service would be a four-hour-long voyage, the Aviation Ministry here said.

India records 1,890 new Covid-19 infections, active cases jump to 9,443

India logged 1,890 new coronavirus cases, the highest in 149 days, while the active cases increased to 9,433, according to the Union Health Ministry data updated on Sunday. The country had recorded 2,208 cases in a single day on October 28 last year. The death toll has increased to 5,30,831 with seven deaths. While two deaths each were reported by Maharashtra and Gujarat in a span of 24 hours, three were reconciled by Kerala, the data updated at 8 am stated. The daily positivity was recorded at 1.56 per cent while the weekly positivity was pegged at 1.29 per cent. The Covid case tally was recorded at 4.47 crore (4,47,04,147) The active cases now comprises 0.02 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.79 per cent, the ministry said. The number of people who have recuperated from the disease surged to 4,41,63,883, while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.65 crore

Second G20 framework working group meeting concludes in Chennai

Around 87 delegates from G20 member countries, invitees, and international organizations attended the meeting