India and the US on Thursday resolved to take their ties to the next level by agreeing to partner in cutting-edge technologies, resolve long-standing trade issues and enhance people-to-people ties with an easier visa regime and more consulates following meetings between Prime Minister Narendra Modi and US President Joe Biden at the White House in Washington. Addressing a joint press conference, Modi said the “important decisions have added a new chapter to our comprehensive and global strategic partnership and given it a new direction and new energy”. “For the partnership between India and the US, even the sky is not…
Author: Editor's Desk, Tattva News
According to a PwC India report, the Indian manufacturing sector is poised for significant change as Industry 4.0 takes hold. Over 54% of enterprises have incorporated artificial intelligence (AI) and analytics for business operations. “Indian manufacturing companies currently prefer to adopt one standardised digital solution across plants compared to global companies which prefer one standardised digital solution with different functionalities or modules,” the report stated. Further, it added that the other 38% of the organisations had no plans to use digital technology in their operations. In order to better understand the trends in the manufacturing sector’s digital transformation, PwC India…
World leaders attending a summit in Paris must ensure that wealthier nations commit to comprehensive debt relief for lower-income nations, including the cancellation of loans and to the scaling up of international assistance to vulnerable states, Amnesty International said. Amnesty International is calling on the Summit for a New Global Financing Pact (PACT) to ensure wealthier nations honour previous financial pledges they have failed to meet and adopt new ones which guarantee the rights of people in lower-income countries. The rights to an adequate standard of living and to social security are enshrined in the 1948 Universal Declaration of Human…
“Market access is critical for the success of India’s momentum towards organic and natural farming. Lately, our policymakers have been talking about growing food through organic and natural farming. But unless farmers get assured access to market to sell their produce at a remunerative price, the challenge of transition will remain difficult to overcome,” said Amit Khurana, head of Centre for Science and Environment’s sustainable food systems programme. Khurana was speaking here yesterday at an official e-release of CSE’s new report — Market Access in India for Organic and Natural Produce: Case Studies. The report was launched at a webinar…
Prime Minister Narendra Modi is leading the Internatioanal Yoga Day celebrations with foreign dignitaries, bureaucrats and members of the Indian diaspora at the United Nations Secretariat in New York on Wednesday. The Prime Minister will also meet business heads and attend a diaspora event. In the meanwhile about today’s Yoga event, it was nine years ago, India successfully convinced the United Nations to designate June 21 as International Yoga Day. Since then, Modi has harnessed yoga as a cultural soft power to stretch his nation’s diplomatic reach and flex his country’s rising place in the world. Now, Modi is guiding leaders from around the world…
Member States of the European Union (EU) want to authorise the spying of journalists and their sources on vague grounds of “national security”. The European Federation of Journalists (EFJ) strongly rejects the position of the EU Council on the European Media Freedom Act (EMFA) and denounces a blow to media freedom, arguing that such legislation would put journalists and their sources even more at risk.The Council of the EU reached today, 21 June 2023, an agreement on the much-needed European Media Freedom Act, a legislation proposed by the European Commission on 16 September 2022 with the intention to introduce safeguards…
According to a Deloitte survey, the Goods and Services Tax (GST), which was implemented in India in July 2017 as a significant reform to simplify and unify the country’s tax system, has had a significant impact on the Indian economy, with 88% of medium, small, and micro enterprises (MSMEs) reporting lower costs for goods and services and improved supply chains. MSMEs attributed the decreased costs of goods and services to the improved uniformity in the GST regime, as per the survey that gathered 612 responses (including large enterprises and MSMEs) from six industries to understand India Inc.’s views on the…
“We know that current climate finance is inadequate. We agree that the US $100 billion a year pledged in 2009 is too little, too late. But what we do not know and rarely discuss is that whatever is being given in the name of climate finance is not concessional – in the period 2011-20, only about 5 per cent was given as grants and the rest were loans or equity. It is then no surprise that what is termed as climate finance is not going to the countries where it is needed the most,” says Sunita Narain, director general, Centre…
According to experts in the field, India is witnessing an influx of global beauty brands, as they aim to capitalise on the country’s vast young population and rising disposable income for their upcoming growth phase. As a gamble on an expanding market, brands have also started a retail expansion drive, and international funds are looking for chances to invest in startups in the beauty industry. Executives claim that they are shifting their attention to India as a result of economic difficulties in China, which is Asia’s largest market for cosmetics. The demand for beauty products—from makeup and colour cosmetics to…
The central government will send a team of health experts to both Uttar Pradesh and Bihar, the two states worst hit by heatwave, to assist the state governments in addressing the situation. The announcement was made by Union Health Minister Mansukh Mandaviya who chaired a high-level meeting on Tuesday to review public health preparedness to deal with heatwave conditions. “A team of experts from the Union Health Ministry, ICMR, IMD and NDMA will visit the states of Uttar Pradesh and Bihar to support them in public health response measures to address heat-related illnesses,” the minister said. Claiming that the Centre…