By Sanju Verma Even as the Coronavirus pandemic is slated to bring the global economy to a grinding halt, Prime Minister Narendra Modi, recently unleashed a Rs 20.97 lakh crore, mega stimulus package, akin to roughly 10.48% of India’s GDP. Clearly, in the last one year, Modi has dismissed any form of incrementalism and embraced structural reforms, holistically, by dint of his courage of conviction. Reduction in corporate tax rate from 30% to 22% and for new companies to 15%, allowing private sector in commercial coal mining on a revenue sharing basis with no end use restrictions, 100% FDI via the automatic route in defence manufacturing, single brand retail and real estate broking services and privatisation of power distribution companies (DISCOMs) in union territories (UTs), underpin the essence of Modinomics. Some of them are the decision to implement Rs 102 lakh crore worth of infrastructure projects via the national infrastructure pipeline (NIP), lowering employees’ … [Read more...] about India will grow sharply with Modinomics 2.0
Bridget anne kelly
Such is the confidence of the Chinese government that its foreign minister went ahead with a joint press conference this week with the UK foreign secretary, who happens to be visiting Beijing, and brazenly declared that the bookseller was 'first and foremost a Chinese citizen.' … [Read more...] about What ails the Chinese economy?
NEW DELHI: More than 80% of New Delhi’s tap water is contaminated by plastic microfibres, new research has shown. This is the third highest contamination rate in the world after the US (New York and Washington DC) and Beirut, Lebanon. These findings are part of a study conducted after testing 150 samples of tap water collected by news website Orb Media from five continents. Though many in Delhi’s well-off circles do not use tap water for drinking, large swathes of the capital’s population have no access to safe drinking water. Research found the US had the highest contamination at 94%. Plastic fibres were found in samples taken from various sites, including the Congress buildings and Trump Tower in New York. Beirut was marginally behind at 93% followed by India at 82%. European nations, including UK, Germany and France, had the lowest contamination rate of 72%. These microscopic fragments enter the water system in several ways, from synthetic fibre clothing, tyre … [Read more...] about Slow poison: 80% of New Delhi’s tap water has plastic toxins
She is a part of this thinking, art-literature loving, and somewhat idealistic set of young people with deep bonds of family friendships linking generations. Groomed in the best traditions of the east and the west, with an Irish governess in attendance, Ali (Anne’s brother), Fawad, Riyaz, Rahil, Arun and Mira’s dreams are cut short, their differences accentuated as the bitterness of Partition corners them, their masks beginning to fall off. … [Read more...] about Review: Ship of Sorrows by Qurratulain Hyder and translated by Saleem Kidwai
Filthy Rich & Homeless S3 (SBS On Demand, June 9): SBS’s docuseries exploring the plight of homelessness in Australia returns with another group of five prominent Australians swapping out their warm, high thread count bed sheets for the rough streets, experiencing what many Australians go through every night. This year’s cohort includes Andrew Rochford and Pauline Nguyen. … [Read more...] about Netflix, Amazon, Stan and more: Everything new to streaming in June