During a webinar, External Affairs Minister S Jaishankar said that the year 2008 was a turning point in modern era marked by the global financial crisis and the rise of China, India and ASEAN, which led to economic rebalancing. “This process took an even sharper turn in 2020 due to the Covid-19 pandemic, which accelerated trendlines and led to greater multi-polarity,” he said. Jaishankar added that it is also in India’s strategic interest to facilitate and partner in the rise of Africa, He said, “India’s ability to “step up and assume global responsibility to do good” is a very important part of the country’s rise. If Africa becomes one of the poles of the global polity, it is better for us.” Watch the full video for more.
Credit: HT Digital Content Duration: 03:40Published
External Affairs Minister S Jaishankar said that the turning point for the world we have entered was 2008, with global financial crisis, and rise of China and India, we entered a world of visible economic rebalancing. EAM's expressed his views via video conferencing at Symbiosis Literature Fest 2020 on October 17.
The Afghan leadership won’t have concerns if India decides to engage with the Taliban, though a final decision in this matter will is New Delhi’s prerogative, Afghan peace negotiator Abdullah Abdullah said on Saturday. Abdullah, chairman of the High Council for National Reconciliation, is the senior-most Afghan leader to publicly speak on this issue which has been the subject of a debate within diplomatic and decision-making circles in New Delhi since last year. Following his meetings this week with India’s top leadership, including Prime Minister Narendra Modi, external affairs minister S Jaishankar and National Security Adviser Ajit Doval, Abdullah said in an interview that he hadn’t discussed any “military role” for India in Afghanistan during his talks in New Delhi.
Credit: HT Digital Content Duration: 15:18Published
The Governor of Reserve Bank of India (RBI), Shaktikanta Das on October 09 announced that Gross Domestic Product (GDP) is expected to decline by 9.5% in 2021. "For the year 2021, real GDP is expected to decline by 9.5% with risks tilted towards the downside," said Shaktikanta Das, RBI Governor, while addressing a press conference. "Our assessment is that inflation will remain elevated in September but ease gradually towards the target over Q3 and Q4. Our analysis also suggests that supply disruptions and associated margins and markups are the major factors driving up inflation," Shaktikanta Das added.
Equity benchmark indices erased all morning gains and cracked by over 2 per cent on geopolitical concerns and ahead of the GDP first-quarter data. At the closing bell, the BSE SandP Sensex was down by 839 points or 2.13 per cent at 38,628 while the Nifty 50 lost by 305 points or 2.62 per cent at 11,342. All sectoral indices at the National Stock Exchange were in the red with Nifty pharma losing by 5.2 per cent, PSU bank by 5 per cent, private bank by 3.6 per cent metal by 4.2 per cent and realty by 4.8 per cent. Government-owned State Bank of India lost by 5.9 per cent to Rs 211.45 per share as private lender IndusInd Bank lost by 5.1 per cent to Rs 631.25. The other prominent losers were Bajaj Finserv, Bajaj Finance, Zee Entertainment and NTPC. However, Future Retail was up by 20 per cent to Rs 162.30 per share after Mukesh Ambani-led Reliance Industries said it will acquire the company's retail, wholesale, logistics and warehousing business for Rs 24,713 crore.
U.S. President Donald Trump and Democratic presidential nominee Joe Biden clashed over the coronavirus pandemic during their second and last debate, with Biden saying Trump has downplayed the threat, and Trump claiming he's already done what Biden proposes.
The U.S. Food and Drug Administration on Thursday approved Gilead Sciences's antiviral drug remdesivir for treating patients hospitalized with COVID-19, making it the first and only drug approved for the disease in the United States. Gavino Garay reports.
Hospitals in Liverpool are treating more coronavirus patients than they were during the peak of the first wave of the pandemic, Dr Tristan Cope, medical director of Liverpool University Hospitals NHS Trust, said as he warned that numbers were continuing to rise. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Boris Johnson has defended the government's approach to tackling the Covid-19 outbreak, warning that an "extreme laissez faire" response, giving people greater freedom, would result in "many thousands more deaths". At a Downing Street press conference, the Prime Minister also thanked people for their "bravery" and "patience" in living under coronavirus restrictions. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Government said 41,403 people had died in the UK within 28 days of testingpositive for Covid-19 as of 5pm on Wednesday, an increase of six on the daybefore. Separate figures published by the UK’s..
Credit: PA - Press Association STUDIO Duration: 00:34Published
The Reserve Bank of India left the repo rate unchanged at 4% and reverse repo rate at 3.35%. RBI Governor Shaktikanta Das also said that they would maintain an accommodative stance in view of the Covid..
Credit: HT Digital Content Duration: 06:03Published