India asserts Kashmir issue will be settled on its own
In a firm repartee, External Affairs Minister S. Jaishankar
on Saturday told a senior U.S. senator that India would “settle” the Kashmir
issue on its own.
Referring to the Kashmir issue during a panel discussion at the
Munich Security Conference, Senator Lindsey Graham said the best way to sell
democracy would be to settle the Kashmir issue in a democratic way.
“In India, you are moving forward, you got your problems like we
do at home, but you’ve chosen the democratic path. When it comes to Kashmir, I
don’t know how it ends, but let’s make sure that two democracies will end it
differently. If you can prove that concept here, then I think that’s probably
the best way to sell democracy,” the Republican leader said.
To this, Mr.Jaishankar promptly responded, “Do not worry,
Senator. One democracy will settle it and you know which one.”During the
discussion Mr.Jaishankar also said that the UN was far less credible than it had
been in history and “something” should be done about it.
“The United Nations is far less credible than it has been in
history, which is not entirely surprising because when you think about it, there
are not too many things which are 75 years old and still as good as they were.
Clearly there is something that needs to be done there,” he
Earlier, meeting U.S. House Speaker Nancy Pelosi on the
sidelines of the conference, he said her “consistent support” to India-U.S. ties
had always been a great source of strength.
PM urges scientists to focus on real time issues
Prime Minister NarendraModi has urged scientists to focus on
real-time social issues being faced by the country such as malnutrition by
providing value addition in agricultural products.
Chairing a meeting of the Council of Scientific
Amid concerns over the economic slowdown, RBI chief
Shaktikanta Das on Saturday said credit growth momentum is picking up and
ruled out any possible spike in inflation due to Budget proposals as the
government is maintaining ‘fiscal prudence’.
After the first meeting of the RBI Board post the 2020-21 Budget
presentation, Mr. Das also expressed hope that transmission of rate cuts would
Facing revenue shortage, the government raised the fiscal
deficit target to 3.8% of the GDP for 2019-20 in the Budget, from the 3.3%
pegged earlier. The government has utilised ‘escape clause’ under the Fiscal
Responsibility and Budget Management (FRBM) Act, which allows the Centre to
breach its fiscal deficit target by 0.5 percentage points in times of severe
stress in the economy.
Speaking on the inflationary impact of the Budget proposals, Mr.
Das said, “The good part of the government borrowing is also budgeted to come
from small savings. Therefore, I don’t see much of an inflationary impact.”
Retail inflation based on consumer price index (CPI) soared to a
near six-year high of 7.59% in January, surpassing the Reserve Bank of India’s
comfort range primarily on account of rising vegetable and food prices.
Similarly, wholesale prices-based inflation accelerated to a
10-month high of 3.10% in January, mainly due to costlier food articles,
particularly onion and potato.
IBBI data shows high liquidation in NCLT cases
More than half of the cases admitted to the National Company
Law Tribunal (NCLT) are been liquidated as recovery through resolution
continues to elude creditors, latest data released by the Insolvency and
Bankruptcy Board of India (IBBI) showed.
A total of 3,312 cases were admitted in the........................................
Portugal sets priority for joint expertise with India
Portuguese President Marcelo Rebelo de Sousa has said that
his country's priority is to have joint expertise in various areas of the
In his keynote address at the India-Portugal Business Forum in
Mumbai, de Mr Sousa said that India is an economic and social global power and
the largest democracy in the world.
Stating that both India and Portugal know each other for a long
time, Mr de Sousa said that both Portugal and India are not just the European or
Asian countries or cultures but they are universal. The President said the two
countries work with the world, for the world be it for the peace, freedom,
sustainable development or climate change.
The forum, organised by industry bodies, CII, ASSOCHAM and FICCI,
was also attended by Portuguese Foreign Minister Augusto Santos Silva, Secretary
of State of Internationalisation of Portuguese Republic EuricoBrilhante Dias,
and Commerce and Industry Minister PiyushGoyal, besides industry leaders from
the two countries.
Addressing the forum, Mr.Goyal said that both India and Portugal
are focused on economic growth, investment, industry and innovation. Mr.Goyal
said that during his meeting with the Portuguese business delegation, he
discussed various sectors such as real estate and infrastructure development.
He said the Indian government is keen to expand its relationship
with Portugal. The minister also said that it has been decided to hold the next
session of the India-Portugal Joint Economic Committee in India soon to review
the gamut of the bilateral trade and economic relations.
Srilanka objects to U.S blacklisting of its army chief
Sri Lanka has taken “strong objection” to the U.S.
blacklisting its Army chief over allegations of “gross human rights
violations” that the State Department on Friday called “serious and
In addition to a statement from the U.S. State
Researchers decode multiplying nature of malarial parasite
With over 4,00,000 deaths in 2018, according to the WHO,
malaria still remains one of the biggest killer infections globally,
concentrated mainly in Africa and India. The disease is caused by the
parasite Plasmodium and transmitted by the Anopheles mosquito.
To understand in detail how this parasite multiplies within a
mosquito, an international team of researchers spent years studying different
proteins in the parasite. Their study published in Cell Reports has found two