Author: Editor's Desk

Refugees and migrants globally are missing out on Covid-19 vaccines due to supply shortages, exclusionary policies and anti-migrant sentiment, according to new research published by the Institute of Development Studies (IDS). Despite many countries having legal provisions in place mandating equal healthcare for all, including Covid-19 vaccinations for refugees, last year the UN found that 40 percent of 152 host countries’ vaccination plans did not include, or were unclear about the inclusion of refugees and asylum seekers. This could leave up to 46 million displaced people struggling to get vaccinated, almost 18 months on from when the first vaccines became…

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A study on ‘Ease of Doing Business for MSMEs in India: Percolating EODB Reforms at Factory Level’ was conducted by the PHD Research Bureau of the PHD Chamber of Commerce and Industry in collaboration with the Department of Commerce, Delhi School of Economics, University of Delhi. India was placed 63rd out of 190 countries in the World Bank’s Ease of Doing Business EODB Report in 2020, up 14 places from last year. While international EODB rankings are provided by the World Bank, state-level rankings in India for EODB (BRAP Ranking) are provided by the Department for Promotion of Industry and…

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In response to a written question in the House of Commons, UK Minister for Defence Procurement Mr. Jeremy Quin revealed that a Letter of Arrangement is being negotiated between the defence research agencies on both sides. The United Kingdom and India are about to finalise a Letter of Arrangement between the UK’s Defence Science and Technology Laboratory and India’s Defence Research and Development Organization (DRDO). According to the UK Minister for Defence Procurement Mr. Jeremy Quin, this will assist to offer improved security capabilities through collaborative research, co-design, co-development, and joint manufacture of defence technologies and equipment. The joint declaration…

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As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year’s 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private consumption and investment, according to a UN Report. The UN Department of Economic and Social Affairs said in its World Economic Situation and Prospects (WESP) report said that the war in Ukraine has upended the fragile economic recovery from the pandemic, triggering a devastating humanitarian crisis in Europe, increasing food and commodity prices and globally…

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Union Finance Minister Smt. Nirmala Sitharaman that India’s economic growth in the current financial year has been robust and is estimated to be 8.9 per cent which is the highest among all large economies. This reflects India’s strong resilience and speedy recovery. As India’s Governor for the New Development Bank (NDB), she chaired the 7th Annual Meeting of Board of Governors of NDB through video-conference in New Delhi. The meeting was also attended by Governors/Alternate Governors of Brazil, China, Russia, South Africa and the newly joined members Bangladesh and United Arab Emirates (UAE). Smt. Sitharaman expressed confidence that India will continue…

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Prime Minister Narendra Modi said that our scripture has taught us that the constant character-building in every generation is the basis of every society. He emphasised that shivir like the one that is being conducted today is not only an effort to create good ‘sanskars’ among the youth but also a pious and natural campaign for regeneration of the society, identity, pride and nation. He addressed the ‘Yuva Shivir’ via video conference, being organised at Karelibaug, Vadodara, organized by Shree Swaminarayan Temple, Kundaldham and Shree Swaminarayan Temple Karelibaug, Vadodara. He urged to take a collective resolve and make efforts…

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According to preliminary figures, Bharat Electronics Limited (BEL) completed 2021-22 with a turnover of almost Rs. 15,000 crore (US$ 1.93 billion), including US$ 32.3 million in export sales, up from US$ 51.9 million in 2020-21. In the last two years, it has exported to the United States, France, Israel, Germany, Switzerland, Sweden, China, the Republic of Armenia, the Maldives, Indonesia, Sri Lanka, Turkey, and Bhutan. BEL has also developed a long-term outsourcing and vendor development programme in line with the Make in India initiative and the government’s efforts to encourage micro, small, and medium companies. This has increased the emphasis…

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According to Secretary of the Department of Tele Communications K. Rajaraman, the coming of 5G and other new telecommunication technologies will bring a flood of new job opportunities, necessitating appropriate skilling of workers. He made the remarks while speaking at a Telecom Sector Skill Council event (TSSC). He stated that 5G will create jobs in fields such as augmented reality, virtual reality, the Internet of Things, and others.He urged the industry to pay particular attention to the development of a talent pipeline to address these new opportunities. He pointed out that fixed wireline broadband, which has low penetration levels, much…

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With an aim to make India a favorite destination for foreign film makers, Union Minister for Information and Broadcasting Anurag Thakur unveiled two schemes to incentivize shooting of foreign films and foreign co-productions with India. Inaugurated the India Pavilion at Cannes Film Market ‘Marche du Film’, he said the two schemes viz Incentive Scheme for Audio-Visual Co-production and Incentive Scheme Shooting of foreign films in India are aimed at unleashing the potential of Indian media and entertainment industry. Talking about the aspects of the incentives Thakur informed that for official co-productions, international film production companies can claim a reimbursement of up to 30% on Qualifying…

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After the launch of the Open Network for Digital Commerce (ONDC) pilot, as many as two dozen companies, including Flipkart-backed logistics provider Ekart Logistics, hyperlocal quick commerce company Dunzo, and digital payments company PhonePe, were in the process of integrating with the network. They stated that real-time transactions in retail and food delivery have begun in various places. On April 29, the ambitious ONDC design was put into action on a small scale in Delhi, Bhopal, Bengaluru, Coimbatore, and Shillong. The goal of the exercise is to strengthen processes before an official launch. Given the financial pitch offered by ONDC,…

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