Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for India’s growth for the next two fiscal years are in line with Reserve Bank of India (RBI) estimates. Speaking at an event in Mumbai, Ms Sitharaman also said that India is attracting more incoming investments. In her view, the global situation remains challenging and it is not the right time to throw caution to the wind just yet. During the years 2022-23 and 2023-24, India is expected to remain one of the fastest growing…
Author: menewscast.com
The National Investigation Agency (NIA) branch office in Raipur, Chhattisgarh, was inaugurated by Indian Home Minister Amit Shah on Saturday. The government has a zero-tolerance policy towards terrorism and left-wing extremism, Mr Shah said at the event. According to Minister Shah, the Central and Chhattisgarh governments will definitely succeed in ending left-wing extremism together. Bhupesh Baghel, the Chief Minister of Chhattisgarh, attended the function as well. In the last three years, the Centre has empowered NIA and expanded its scope, according to Mr Shah. The NIA has been successful in convicting more than 94% of criminals since its inception. In…
A colorful mural is being painted on a cement wall on the outskirts of Caracas by dozens of children and older residents. They are carefully gluing plastic bottle caps to the surface. In only two weeks, a colorful mural displaying the edges of two enormous, blue-winged macaws has been created. In Guatire, 42 kilometers (26 miles) east of Venezuela’s capital, Oscar Olivares created an eco-mural that’s built from recycled materials. It is estimated that around 300,000 bottle caps will be recycled as part of this project by Olivares, who solicited contributions via social media. “This mural has opened up recycling…
China’s industrial firms reported a drop in profits in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages caused by heatwaves threatened production during the summer. On Saturday, the National Bureau of Statistics reported that profits at China’s industrial firms fell by 1.1% between January and July from a year earlier, wiping out the 1.0% growth posted during the first half of the year. There were no standalone figures for July released by the bureau, according to Reuters. One of the factors that impacted factory production was the COVID curbs that…
In response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and under the supervision of Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), the UAE has established an air bridge to Khartoum to transport relief aid and shelter materials for Sudanese victims of the torrential rains and flooding. Several shelter materials weighing 30 tonnes have been loaded onto the first aircraft, which will be followed by three additional aircraft. ERC has already set up base in Sudan to provide support and assistance…
The All India Football Federation (AIFF) has been lifted from the suspension imposed earlier this month by the world soccer governing body due to undue third-party interference, FIFA announced. In addition, this lifting of the ban means that the Under-17 women’s World Cup, which was scheduled to take place in India from Oct. 11-30, will take place in the country just as planned, as reported by Reuters. AIFF was disbanded by India’s top court in May and a Committee of Administrators (CoA) was appointed to govern the sport, amend the AIFF’s constitution, and conduct elections that have been pending for…
In an official visit to Saudi Arabia, Bahrain’s Minister of Transportation and Telecommunications, Mohammed bin Thamer Al Ka’abi, met with the Kingdom’s Minister of Transportation and Logistic Services, Eng. Saleh bin Nasser Al Jasser. As a result of the care of His Majesty’s King Hamad bin Isa Al Khalifa and Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the two ministers affirmed the strong relationship between the two kingdoms. During the meeting, the two sides discussed ways to enhance bilateral cooperation, including Bahrain’s willingness to adopt integration plans for the transportation sector. Furthermore, the Minister met…
The government of Pakistan has declared a national emergency in wake of the ongoing devastation that has taken place in various parts of the country due to heavy rains and floods. The official announcement was published by the ANI news agency. The National Disaster Management Authority (NDMA) reported that as of the last data they had received, the rains and floods had killed 937 people, including 343 children, and left at least 30 million people without a place to stay. It is believed that the abnormal increase in rainfall in Pakistan has caused flash floods across the country, particularly in…
Novak Djokovic will not compete in the U.S. Open, due to his non-vaccination against COVID-19, which prohibits him from traveling to the United States. Hours before the draw for the year’s last Grand Slam tournament was revealed, Djokovic announced his withdrawal on Twitter. Foreign citizens who have not been vaccinated against COVID-19 are currently prohibited from entering the U.S. or Canada. Djokovic has said he will not get the shots, even if that prevents him from playing certain tournaments. For this year’s Open, the U.S. Tennis Association said all along it would follow government regulations regarding vaccinations. The tournament will…
During a conference in Tunisia this weekend, Japan will pledge $30 billion in aid for African development, the Sankei Shimbun reported on Friday. During the Tokyo International Conference on African Development (TICAD), Prime Minister Fumio Kishida will announce the aid, focusing on the development of human resources and promoting economic growth. Due to his recovery from COVID-19, Kishida will participate in the conference virtually, the paper said. On Wednesday, a Japanese foreign ministry official said the summit will cover topics such as food security for Africa, climate change, and environmentally friendly businesses. It is the first TICAD held since 2019…