Finance Minister Arun Jaitley today said the Indian economy is on a strong wicket with sound macro-economic fundamentals.
Around the Globe
Around the Globe
Solar power costs will fall by another 60 per cent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency (Irena) said on Monday.
Solar power is in the midst of boom because of sharp drops in costs and efficiency improvements, pushing global capacity from virtually zero at the start of the century to 300 gigawatt (gw) by the end of 2016, a figure expected to rise again by 2020.
Prime Minister Shinzo Abe’s solid election win green lights a continuation of the Bank of Japan’s massive economic stimulus, entrenching a divide with global peers who are either heading in the opposite direction or mulling moves to do so.
The Spanish government has urged Catalonians to accept direct control from Madrid and ignore instructions from the restive region’s secessionist leadership once it has been removed from power. Sunday’s message came a day after Madrid resolved to take the unprecedented constitutional step of firing the Catalonia government, a last resort to thwart its independence campaign and calm fears of unrest and economic turmoil in the heart of the euro zone.
Air pollution in the Capital soared to alarming levels till late night, reaching as much as five times over the safe limit because of bursting of firecrackers despite a Supreme Court ban on their sale in the NCR, says a survey.
Conducted by air quality mobile app Blueair Friend App, the survey said the Air Quality Index (AQI) was 553 in Anand Vihar area which was five times higher than the safe limit of 51-100.
AQI level from 0-50 is considered good, 51-100 is satisfactory, 101-200 is moderate, 201-300 is poor, 301-400 is very poor, 401 and above is severe.
Chinese President Xi Jinping on Wednesday laid out a confident vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption, curbing industrial overcapacity, income inequality and pollution.
Opening a critical Communist Party congress, Xi pledged to build a “modern socialist country” for a “new era” that will be proudly Chinese and ruled by the party but open to the world.
Tim Kelly & Michelle Nichols Reuters The United States is not ruling out the eventual possibility of direct talks with North Korea, Deputy Secretary of State John J. Sullivan said on Tuesday, hours after Pyongyang warned nuclear war might break out at any moment. Talks between the adversaries have long been urged by China in particular, but Washington and its ally Japan have been reluctant to sit down at the table while Pyongyang continues to pursue a goal of developing a nuclear-tipped missile capable of hitting the United States.
US-backed militias raised a flag inside Raqqa stadium on Tuesday, a Reuters witness said, as a four-month battle to take Islamic State’s Syrian capital came to an end.
The fighting was over but the alliance of Kurdish and Arab militias was clearing the stadium of mines and any remaining hiding militants, said Rojda Felat, commander of the Raqqa campaign for the Syrian Democratic Forces (SDF).
A war monitor, the Syrian Observatory for Human Rights, said Islamic State was now completely cleared from the city.
U.K. Prime Minister Theresa May travels to Brussels on Monday to personally intervene in deadlocked exit negotiations with the European Union, a day after details emerged of cross-party talks to prevent her from leaving the bloc without an agreement.
Chinese President Xi Jinping is set to amass even greater power at a Communist Party Congress this week, promoting close allies, having his guiding thought enshrined in the party constitution and possibly assuming a title to put him on par with Mao Zedong.
That is the view of multiple sources with ties to the Chinese leadership, including senior party officials, former officials and foreign diplomats. Much of it has also been signalled in the state media.