According to S&P Global Ratings, India’s economic development prospects should remain high in the medium term, with GDP increasing 6-7.1% yearly in fiscal years 2024-2026. S&P stated in a report titled ‘Global Banks Country-By-Country Outlook 2024’ that the banking sector’s weak loans will fall to 3-3.5% of gross advances by March 31, 2025, owing to structural improvements such as healthy corporate balance sheets, tighter underwriting standards, and improved risk-management practises. Interest rates in India are unlikely to rise much, which should limit the risk for the banking industry, according to the report. S&P Primary Credit Analyst Ms. Deepali Seth Chhabria…
Author: Editor's Desk, Tattva News
The Committee to Protect Journalism (CPJ) and press freedom supporters celebrated journalists from Georgia, India, Mexico, and Togo last night at the 33rd annual International Press Freedom Awards (IPFA) in New York, which raised a record-breaking nearly $2.8 million to protect journalists around the world. The 2023 awardees have experienced government crackdowns, kidnapping, exile, and the rising criminalization of their work, representing global trends that increasingly challenge press freedom. The awardees were: Nika Gvarmia, founder of independent Georgian outlet Mtavari Arkhi, who was recently released from prison;Shahina K.K., senior editor of India’s Outlook magazine; Maria Teresa Montano, a prominent investigative reporter from Mexico; and Ferdinand…
By Nava J Thakuria Prateek Hajela, the former National Register of Citizens (NRC) Assam coordinator – who was summoned by the Kamrup (metro) additional district & sessions judge to appear before the court on Friday-failed to do so, following which the court allowed the petitioner to bring the matter to Hajela’s notice through newspaper-advertisements. The petitioner Luit Kumar Barman, who is an entrepreneur turned award winning film producer, informed that the concerned advertisement will be published in two national dailies (one in English and another in Hindi) and two widely circulated local newspapers of Madhya Pradesh and Assam (as Hajela hails form MP and recently…
Former union minister and Telangana BJP in-charge Prakash Javadekar termed the KCR government as ‘Bhoomi Donga’ accusing that huge chunk of land went missing and thousands of farmers lost their land. “People have lost their lands. Where are the land records. No grama Sabha was held to validate land records. No filed visit to check the land boundaries. Village revenue officers was posted somewhere else. Other than Dharani there are no land records. What happened to physical land records? Where had they gone?” he asked while speaking to reporters along with party state president G. Kishan Reddy and Rajya Sabha member K. Laxman.…
As the world gets ready to mark World Toilet Day on November 19, New Delhi-based think tank Centre for Science and Environment (CSE) is offering a pathway towards reimagining India’s sanitation future. Speaking at a workshop on safe sanitation organised in New Delhi, Depinder Singh Kapur, programme director, water, CSE said: “This year, the theme for the World Toilet Day is accelerating change to solve the water and sanitation crisis. CSE, in partnership with the Uttar Pradesh government, come together for urban sanitation agenda forward and move beyond toilets – towards ensuring scaling up of sustainable and inclusive septage management…
With election campaign in full swing for November 25 polling in Rajasthan, the BJP has reposed its faith in the women voters and farmers. In its manifesto released on Thursday, the party, eyeing its chances in the desert state that has elected an alternate government every five years, is relying on the “Modi guarantee” to fulfil the promises. As the party has promised similar sops in other states, it also offers clues as to what the BJP would promise during the Lok Sabha elections. Taking a cue from its campaign in Madhya Pradesh, the BJP in Rajasthan has promised several…
US President Joe Biden and Chinese President Xi Jinping agreed to restore some military communications between the two countries after they held a crucial meeting for hours at Filoli Estate just outside San Francisco on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit. A number of agreements were signed between the two leaders, who met after almost a year amid fraught relations between the two most powerful economies. They pledged cooperation that would bring Washington and Beijing close to resuming talks under the Military Maritime Consultative Agreement, which was used to improve safety in the air and sea until…
India is expected to have exported US$ 62.26 billion worth of goods and services in October 2023, a positive increase of 9.43% from October 2022. The expected value of all imports in October 2023 is US$ 79.35 billion, a positive growth of 11.10% over October 2022. India is expected to have exported US$ 437.54 billion worth of merchandise and services during April-October 2023, a slight decrease of 1.61% from April-October 2022. The estimated total value of imports during April-October 2023 is US$ 495.17 billion, representing a negative growth of 7.37% in comparison to the same period in 2022. In October…
External Affairs Minister S Jaishankar said it was the strategic purchase policies of India that helped stabilise global oil and gas markets, and thereby global inflation, amid the Russian-Ukraine war. The EAM made the remarks during a conversation hosted by the High Commission of India in London titled ‘How a billion people see the world’. “So we’ve actually softened the oil markets and the gas markets through our purchase policies. We have, as a consequence, actually managed global inflation. I’m waiting for the thank you,” Jaishankar said. He added that India’s approach to oil purchases prevented a surge in global…
Mohammed Shami picked seven New Zealand wickets to help India register a 70-run victory at the Wankhede Stadium on Wednesday. Chasing the home side’s 397/4, Kane Williamson’s gritty New Zealand fought valiantly to the end. When it was alleged that India tried to take advantage by opting for spin-friendly track, it was a fast bowler that made the ball talk. Daryl Mitchell made 134 from 119 balls while kipper Kane Williamson scored 69 from 73 after the Kiwi openers failed to fire. Glenn Phillips also kept last edition’s runners-up going with a 33-ball 41 but failed to get their team past…