Day: February 25, 2023

Global economic slowdown looms in 2023 due to high inflation, borrowing costs

Manish Kumar

The global economy is facing significant challenges due to slowing but elevated inflation, high borrowing costs, and lower external demand. These factors are expected to have a profound impact on private consumption expenditure, investments, and economic activities. As a result, major global economies are projected to experience slower growth or even recession this year. Against this backdrop, the global GDP growth is expected to slow down from 3.2% in 2022 to 2.1% in 2023, forecasts GlobalData, a leading data and analytics company.   GlobalData’s latest report, “Macroeconomic Outlook Report: Global (Q1 2023 Update),” reveals…

Union Minister Dr Jitendra says, India’s bioeconomy is poised to touch 300 billion USD (US Dollar) by 2030

Manish Kumar

India’s bioeconomy is poised to touch 300 billion USD (US Dollar) by 2030 and with its rising innovation and scientific temper, India is set to join the global wave of a new industrial revolution. This was stated here today by Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, DrJitendra Singh while speaking as chief guest at the “National Consultation Meeting on Bio-manufacturing to build a Draft Policy Framework on Bio-manufacturing” . The…

International climate regime should move from a ‘country-centric’ approach to ‘people-centric’ approach: Shri Hardeep S Puri

Manish Kumar

The time has come for a paradigm shift in the international climate regime which has to move from a ‘country-centric’ approach to ‘people-centric’ approach to climate actions.”, said Shri Hardeep S Puri, Union Minister for Petroleum & Natural Gas and Housing & Urban Affairs today. He was speaking at the Valedictory Session- ‘Mainstreaming Sustainable Development and Climate Resilience for Collective Action’ of World Sustainable Development Summit (WSDS) 2023. Mr. Simon Stiell, Executive Secretary, United Nations Framework Convention on Climate Change (UNFCCC), Mr. Ugo Astuto, Ambassador, Delegation of the European Union to…

Two day Conference on “Sustainable Development in India: Evolution and Legal Perspectives” begins at Udaipur tomorrow

Manish Kumar

The Law Commission of India, Ministry of Law & Justice, Govt. of India, in association with University College of Law, Mohanlal Sukhadia University (MLSU), Udaipur is holding a Conference on “Sustainable Development in India: Evolution and Legal Perspectives” at MLSU, Udaipuron 25th and 26th of February, 2023. This event will provide a platform for exchange of ideas and deliberation on issues pertaining to the genesis and development of the concept of Sustainable Development, particularly in reference the contemporary scenario. The conference will begin on the 25thof February, 2023 with the welcome address by…

Names of startups selected under the DLI Scheme announced

Manish Kumar

The Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Shri Rajeev Chandrasekhar today launched the 2nd Semicon India FutureDESIGN Roadshow at IISc in Bengaluru with an aim to encourage startups, next-generation innovators, and business leaders to invest in semiconductor sector in India. MoS Shri Rajeev Chandrasekhar addressing at 2nd Semicon India FutureDESIGN Roadshow Speaking on the occasion, Shri Rajeev Chandrasekhar said India is growing rapidly in global electronics value chains and rapid growth of digitalization, along with India’s high-growth digital and innovation economy, has created opportunities in the New…

Indian Bureau of Mines to Celebrate 75th Foundation Day on 1st March

Manish Kumar

Indian Bureau of Mines (IBM) under the Ministry of Mines will be organizing the 75th “Khanij Diwas” to mark the Foundation Day on 1st March, 2023 in Nagpur.  Union Minister of Coal, Mines & Parliamentary Affairs Shri Pralhad Joshi and Minister of State for Coal, Mines & Railways Shri Raosaheb Patil Danve will be addressing the one-day function. A special exhibition highlighting the strides and recent initiatives of India’s mining sector will be inaugurated by the Secretary, Ministry of Mines Shri Vivek Bharadwaj as part of the forenoon technical session. Felicitation of…

The overarching vision of the Department is to enhance livestock productivity in a sustainable and profitable manner

Manish Kumar

Union Minister of Fisheries, Animal Husbandry and Dairying, Shri Parshottam Rupala addressed farmers and informed them about the National Livestock Mission (NLM) and Rashtriya Gokul Mission schemes Secretary, AHD emphasized the importance of entrepreneurship development and breed improvement in rural poultry, sheep, goat, and piggery, including feed and fodder development The overarching vision of the Department is to enhance livestock productivity in a sustainable and profitable manner Around 2 lakh farmers joined the awareness program virtually from Common Service Centers Shri Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and…

PM addresses post-budget webinar on ‘Harnessing Youth Power – Skilling and Education’

Manish Kumar

The Prime Minister, Shri Narendra Modi addressed the post-budget webinar on ‘Harnessing Youth Power – Skilling and Education’ today. It is the third of a series of 12 post-budget webinars organized by the government to seek ideas and suggestions for the effective implementation of the initiatives announced in the Union Budget 2023. Addressing the gathering, the Prime Minister underlined that Skill and Education are the two principal tools during India’s Amrit Kaal and it is the youth who are leading the nation’s Amrit Yatra with the vision of a developed…

‘Deeply Concerned’: US After China Gives USD 700 Million Loan To Pakistan

Manish Kumar

The US is deeply concerned that the loans being given by China to India’s immediate neighbourhood — Pakistan and Sri Lanka –– may be used for coercive leverage, a senior State Department official has said. “Concerning Chinese loans to countries in India’s immediate neighbourhood, we are deeply concerned that loans may be used for coercive leverage,” Donald Lu, Assistant Secretary of State for South and Central Asia, told reporters ahead of the India trip of Secretary of State Antony Blinken. The top American diplomat is travelling to New Delhi on…

‘Law & Order Under Control’: Punjab CM Downplays Violent Clashes in Amritsar

Manish Kumar

A day after a clash between supporters of the chief of suspected pro-Khalistan outfit ‘Waris Punjab De’, Amritpal Singh, and Punjab Police erupted in Ajnala, Punjab Chief Minister Bhagwant Mann on Friday said that the law and order situation is under control. While addressing a press briefing at the Mumbai residence of former Maharashtra CM Uddhav Thackeray, Matoshree, it appeared Mann was dodging the question on Ajnala violence. To a question on the Ajnala clash, Mann said, “You have the wrong information. Law and order in Punjab is under control…