Author: IANS

New Delhi, Jan 31 (IANS) Eliminate instances of needless government intervention to enable competitive markets and thereby spur investments and economic growth, the Economic Survey 2019-20 said on Friday. According to the Survey, each government ministry must systematically “examine areas where the Government needlessly intervenes and undermines”. However, it did[Read More…]

New Delhi, Jan 31 (IANS) Despite ‘Make in India and ‘Digital India initiatives, India is still nowhere to be seen when it comes to becoming a major hub for producing final assembly of range of products called Network Products (NP), the Economic Survey 2019-20 said on Friday. Stressing on to[Read More…]

New Delhi, Jan 31 (IANS) BJP’s Delhi unit president Manoj Tiwari on Friday said that the same Purvanchalis who created Arvind Kejriwal, will destroy him on February 8. “Purvanchalis will destroy and crush Arvind Kejriwal in one snap of the finger on February 8 in Delhi election. They are the[Read More…]

Bengaluru, Jan 31 (IANS) Global software major Infosys has been awarded the accredited certification on ISO 27701, the international standard on data privacy by the Bureau Veritas Certification (BVC), said the IT major on Friday. “We are one of the first companies in the world over to have earned the[Read More…]

New Delhi, Jan 31 (IANS) Expenditure on social services, out of total budgetary expenditure, increased to 26 per cent in 2019-20 (BE) from 23.4 per cent in 2014-15, reveals the Economic Survey 2019-20, tabled in Parliament by Union Finance Minister Nirmala Sitharaman on Friday. The survey report shows that between[Read More…]

Kolkata, Jan 31 (IANS) The police on Friday booked BJP’s West Bengal unit President Dilip Ghosh following a complaint lodged against him by a young woman for making ‘sexually coloured remarks’ and showing ‘murderous intent’. The police said the case has been initiated against Ghosh under various sections of the[Read More…]

New Delhi, Jan 31 (IANS) Aam Aadmi Party Rajya Sabha MP Sanjay Singh on Friday claimed that the BJP was planning some “big disturbance” on February 2 at Shaheen Bagh and Jamia Millia Islamia — the epicentre of the anti-CAA protests in Delhi — ahead of the February 8 Assembly[Read More…]

New Delhi, Jan 31 (IANS) Even as it has indicated towards a recovery of GDP growth in next fiscal, the Economic Survey has thrown enough pointers to suggest that a full scale recovery may not be swift and growth would follow a bell curve moving up the ladder in small[Read More…]

San Francisco, Jan 31 (IANS) Japanese multinational consumer electronics and video game company Nintendo has made clear that is has “no plans” to launch a new model of the Switch in 2020. Speaking as part of a corporate management policy briefing following the release of financial results, the company CEO[Read More…]

New Delhi, Jan 31 (IANS) Obtaining an “eating house license” from Delhi Police needs more documents than those for procuring a gun suggesting how tough it is to do business in India. Noting the difficulty in starting a new venture in India, the Economic Survey 2019-20 has said that Delhi[Read More…]

New Delhi, Jan 31 (IANS) Blanket debt waiver “is a bad idea”, as it does not deliver any meaningful outcomes for the intended beneficiaries the while exchequer faces significant cost burden, the Economic Survey 2019-20 said on Friday. The survey was tabled in the Parliament by Finance Minister Nirmala Sitharaman.[Read More…]

New Delhi, Jan 31 (IANS) The Modi government has often been targeted by the Congress for crony capitalism, but the Economic Survey has said the practice was all-pervasive earlier after after 2014, it has been stopped. The BJP under the leadership of Prime Minister Narendra Modi came to power in[Read More…]

New Delhi, Jan 31 (IANS) Given India’s comparative advantage in labour-intensive activities, traditional unskilled labour-intensive industries such as textiles, footwear, toys and assembly hubs should be focused upon for job creation in the country, the Economic Survey said on Friday. India has huge potential to emerge as a major hub[Read More…]

New Delhi, Jan 31 (IANS) Given Indias comparative advantage in labour-intensive activities, traditional unskilled labour-intensive industries such as textiles, footwear, toys and assembly hubs should be focused upon for job creation in the country, the Economic Survey said on Friday. India has huge potential to emerge as a major hub[Read More…]

New Delhi, Jan 31 (IANS) Union Minister of Women and Child Development Smriti Irani on Friday said that the new bill regarding the medical termination of pregnancy will be a milestone in the sector of reproductive rights of women. Irani took to twitter and said: “Worldwide, abortion is acknowledged as[Read More…]

New Delhi, Jan 31 (IANS) Indias tryst with space appears to be on the slow track as the governments space expenditure still lags behind that of the major players in the space sector, flags Economic Survey 2019-2020 that was presented in Parliament on Friday. “India spent about $1.5 billion on[Read More…]

Los Angeles, Jan 31 (IANS) Hollywood stars Antonio Banderas and Penelope Cruz are set to co-star in a new film titled “Competencia Oficial” (Official Competition). The project from Madrid’s The Mediapro Studio will be directed by Argentine filmmakers Mariano Cohn and Gaston Duprat. The actors recently starred in “Pain and[Read More…]

Toronto, Jan 31 (IANS) Researchers have developed a novel approach that significantly improves the storage efficiency and output speed of computer systems. The new approach called FLAIR, optimises data storage systems by using all the servers within a given network. Therefore, when a user makes a data request, if the[Read More…]

New Delhi, Jan 31 (IANS) As BJP-led government prepares to present its first Budget in its second stint, job creation will be on top of its mind. According to the Economic Survey presented on Friday, the government dedicated an entire chapter on ‘Creating Jobs and Growth by Specializing to Exports[Read More…]