Germany, current EU president and Europe’s biggest economy, has launched its Indo-Pacific strategy with India that is expected to play a key role in Berlin’s outreach in the region where China’s aggressive foreign policy has rattled countries. The strategy released by German Foreign Ministry has several indirect references to Chinese behaviour that challenged rules-based world …
Karnataka has unveiled its new IT policy for 2020-25, which aims to generate over 60 lakh direct and indirect jobs in the sector. Under the policy, Karnataka wants to contribute about 30% to India’s goal of becoming a trillion-dollar digital economy. The policy also looks to shift the focus beyond Bengaluru. The government wants to …
Atlantic hurricane Nana has made landfall on the coast of Belize and is expected to weaken as it moves over land. Nana, packing maximum sustained winds of 75 miles (120 km) per hour, is located about 50 miles (80 km) south of Belize City.
More life can be supported by ‘dead’ coral rubble than live coral, according to a recent study. ‘Dead’ coral reefs supported ‘cryptic’ animals — hidden sea creatures, including fishes, snails, tiny crabs and worms — who hide under this rubble to save themselves from predation. ‘Live’ coral reefs — considered among the most diverse ecosystems …
In the backdrop of the prolonged nationwide lockdown, an ICRA (Investment Information and Credit Rating Agency of India Limited) analysis of financial results of 489 companies (excluding financial sector entities), Has shown a year-on-year and sequential contraction in revenues, with aggregate revenues contracting by 31.1% y-o-y in the first quarter of FY2021. During the same …
A group of Special Rapporteurs to the United Nations has written to the Centre expressing concern over the proposed Environment Impact Assessment (EIA) notification 2020 and sought the government’s response on how the provisions of the notification were consonant with India’s “obligations under international law”. Special Rapporteurs are independent experts working on behalf of the …
Turkey has announced that Russia will hold live-fire naval exercises in the eastern Mediterranean, amid escalating tensions between Turkey and its coastal neighbors Greece and Cyprus over rights to search for energy resources in the region. The navigational notice issued said the Russian exercises will take place during September 8-22 and September 17-25 periods in …
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The trial run from Daudkandi in Bangladesh to Sonamura in Tripura started, as the MV Premier sailed from Daudkandi with 50 metric tonne of cement cargo. It arrive in Sonamura in Tripura after covering a distance of 93 kilometers through river Gumti. The route will connect Tripura with Bangladesh using the inland waterways for the …
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The Reserve Bank of India (RBI) on Friday released revised priority sector lending (PSL) guidelines to augment funding for COVID-19 impacted companies. To align them with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging discussions with all stakeholders. The revised guidelines will enable better credit penetration to credit deficient …