IMF raises India’s 2025 growth to 7.3 pc

Washington, Jan 19 (IANS) The International Monetary Fund on Monday raised India’s economic growth projection for 2025 by a sharp 0.7 percentage point to 7.3 per cent, citing stronger-than-expected performance in the second half of the year, even as it expects growth to moderate in the coming years. In its World Economic Outlook Update, the […]
India, Japan discuss economic security, cultural connect and AI

Tokyo, Jan 19 (IANS) India’s Ambassador-designate to Japan, Nagma Mallick held a meeting with Japan’s Minister of Economic Security in Tokyo on Monday, discussing various facets of bilateral partnership, including Economic Security, Artificial Intelligence (AI) and cultural connect. “Ambassador-designate Nagma M Mallick called on Minister Onoda Kimi. They discussed the various facets of India-Japan partnership, […]
EAM Jaishankar offers condolences on Spain train accident

New Delhi, Jan 19 (IANS) External Affairs Minister (EAM) S Jaishankar on Monday offered condolences to the families of those who lost their lives in the train accident in Spain’s Adamuz while wishing a swift recovery to people injured in the mishap. “Saddened to learn about the tragic train accident yesterday in Adamuz near Cordoba […]
Bangladesh’s proposed microfinance rules could reduce poor people’s credit access

New Delhi, Jan 19 (IANS) Bangladesh’s proposed ‘Microfinance Bank Ordinance 2025’, to convert the country’s microcredit system into fully regulated microfinance banks under supervision of Bangladesh Bank, could marginalise hundreds of smaller NGOs and poor households from accessing credit, a report has said. New microfinance banking rules has drawn sharp criticism from 17 leading Microfinance […]
Repeated audits in Bangladesh’s tax system hit corporates: Report

New Delhi, Jan 19 (IANS) Corporate taxpayers in Bangladesh are facing deep uncertainty with no clear point at which tax liabilities can be regarded as final as repeated audits are carried out of the same compliant taxpayers which is not only inefficient but undermines trust and discourages formalisation, according to Unilever Consumer Care Ltd Chairman, […]
Carved wooden swing and Pashmina shawls — PM Modi’s special Indian gifts for UAE President, family

New Delhi, Jan 19 (IANS) Prime Minister Narendra Modi on Monday presented traditional Indian gifts to UAE President Sheikh Mohamed bin Zayed Al Nahyan as he welcomed the UAE leader and his family at his residence at Lok Kalyan Marg. PM Modi gifted the President of UAE a royal carved wooden jhula (swing), a beautifully […]
Former Kathmandu Mayor Balen Shah delivers first political speech in Maithili

Kathmandu, Jan 19 (IANS) A huge crowd gathered in Nepal’s Janakpur City in southern Madhesh Province on Monday to hear the first political speech of Balen Shah, the former Mayor of Kathmandu Metropolitan City, who has been named the Prime Ministerial candidate of his party, the Rastriya Swatantra Party (RSP), following the parliamentary elections scheduled […]
Japanese PM Takaichi to dissolve House of Representatives on Friday, hold snap election on Feb 8

Tokyo, Jan 19 (IANS) Japanese Prime Minister Sanae Takaichi on Monday announced that she will dissolve the House of Representatives on Friday and hold a snap general election on February 8, local media reported. While addressing a press conference on Monday, Takaichi said official campaigning will begin on January 27 after she dissolves the Lower […]
India-Japan ties deepen amid China’s growing Indo-Pacific aggression: Report

New Delhi/Tokyo, Jan 19 (IANS) The recent visit of Japanese Foreign Minister Toshimitsu Motegi to India marked an “execution phase” in bilateral ties, moving from visionary agreements to tangible outcomes. Through diversified partnerships between the two nations, India enhances its strategic autonomy, reducing dependence on any singular power while promoting free and open Indo-Pacific principles […]
India-ASEAN cooperation crucial to Indo-Pacific autonomy: Report

Bangkok, Jan 19 (IANS) India’s Act East Policy, pursued under the Prime Minister Narendra Modi-led government, has enabled a more focused engagement with the Association of South-East Asian Nations (ASEAN). This approach signalled a major shift reflecting the growing recognition of the Indo-Pacific, rather than the Asia-Pacific, as the defining framework in diplomatic parlance, a […]