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ArticleFinanceIndia

Could India Achieve Arm’s Export Of $ 5 Billion By 2025? Read Here!

Vikas DeshwalJune 22, 20220

The Defence sector is an essential part of any country. India has the second-largest military force over active personnel after China. India is the second-largest importer of weapons behind Saudi Arabia. In 2018, India introduced a new defence production policy to reduce weapons imports. Defence production policy of 2018 has a goal of becoming among the top 5 global producers of aerospace and defence manufacturing with an annual export target of US $5 billion by 2025. Between 2016-2020, India is supposed to have 9.5% of total global arms imports. India imports its arms from Russia, France, Israel, The US and UK are the top 5 partners of defence market. DRDO produced many weapons for the Indian Armed forces including Ushus, Advanced light torpedo, and LAC Tejas by the Indian Air force, ...

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ArticleIndiaLatest News

Agnipath Agitation: What Is Causing Angst Among Youth Over New Armed Forces Recruitment Scheme?

Snehashish RoyJune 18, 20220

Union government has recently rolled out the Agnipath scheme to recruit soldiers in the Armed forces for the duration of four years. The recruitment drives will be organised for youth aged between 17.5 to 21 years directly from their educational institutions. The scheme has, however, failed to make a mark among youth aspirants and they have been registering their protests. They have turned violent in some places across the country, especially in Bihar. Many are believing the scheme aims to curtail the financial benefit, including the pension system.  The BSP chief Mayawati had earlier said in a tweet that the "uneasiness spread among the youth regarding the new recruitment system in the army is causing anxiety" amid rising inflation, unemployment and poverty. Real cause of anxie

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ArticleFinanceIndia

Credit Card Link With UPI: Check Out What India’s Future Holds In Transaction Domain

Snehashish RoyJune 10, 20220

The Reserve Bank of India (RBI) has announced the provision to link credit cards with the Unified Payments Interface (UPI) and the integration will begin with RuPay credit cards. Both RuPay and UPI are operated by the National Payments Corporation of India (NPCI). According to experts, the move by the RBI will ensure excessive use of credit cards among users as payment through UPI has widely been accepted in India already. UPI can so far be used to link debit cards and bank accounts. “UPI has become the most inclusive mode of payment in India with over 26 crore unique users and five crore merchants on the platform. The progress of UPI in recent years has been unparalleled. Many other countries are engaged with us in adopting similar methods in their countries,” said the RBI gover...

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ArticleIndiaPolitics

Path Leading To 2024 Elections Seems Gloomy For Congress

Sayani ChakrabortyJune 9, 20220

It was odd that, despite Congress' strained relations, the other opposition parties remained silent or designated themselves as "like-minded" groups. After two years in office, Narendra Modi's second term is coming to a conclusion. Second, Rajiv Gandhi's assassination has been 30 years ago. Time to look at the political futures of India's two main political parties, which will both be celebrating their 100th birthdays in the summer of 2024. Our focus is on the present, and we won't linger on the past. The past may not always give the best indicator of the future in both mutual fund investing and politics. All non-Congress opposition parties with more than a 1% vote share don't sum up to 20% of the total vote, which was the Congress's total. This is true even for UPA allies like DMK and ...

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IndiaInternationalLatest News

After Turkey, Egypt Also Rejected 55 Thousand Tonnes Of Indian Wheat, Know The Whole Matter Here!!

Gunjan ChaudharyJune 8, 20220

The issue of Indian wheat sent to Turkey before the export ban is getting complicated. Turkey rejected 55 thousand tonnes of Indian wheat and called it rotten. After this it was sent to Egypt, even there the ship carrying wheat was not allowed to reach the shore. Egypt's Plant Quarantine Chief Ahmed Al Attar rejected a ship carrying 55,000 tonnes of wheat before it could enter the country's borders. Turkey had refused to take it, complaining that Rubella virus was found in Indian wheat. After this the same consignment was sent to Egypt. The Government of India has no direct relation with the export of this wheat. This wheat was sold by multinational company ITC Limited to a company in Netherlands. They sent it to Turkey. When Turkey refused, it was bought by an Egyptian merchant. Aft...

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IndiaInternationalLatest NewsLawNews

Why Prophet Controversy Arising In Maldives, Qatar, Kuwait, Iran? Did Its Spark Come From America?

Gunjan ChaudharyJune 8, 20220

Neighboring countries like Maldives have also been included in the spark of anger over the statement of former BJP spokesperson Nupur Sharma. Along with Maldives, 13 countries including Qatar, Kuwait, Iran, Saudi Arabia, Jordan have expressed their displeasure with Indian diplomats. The officials of the Ministry of External Affairs are also surprised by this storm rising internationally. Although External Affairs Ministry spokesperson Arindam Bagchi has given a threaded reply in diplomacy and foreign policy, former diplomats, bureaucrats and BJP leaders have also started worrying about its far-reaching consequences. Some BJP leaders are considering it as India's stand on Russia's side in the Ukraine-Russia conflict. They says that America was shocked by this and this is the reason that ...

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ArticleElectionsIndiaPolitics

Bihar CM Drops RCP Singh’s Name From Rajya Sabha Nomination Citing Discontent Over BJP-JDU Coalition

Sayani ChakrabortyJune 7, 20220

As a consequence of Nitish Kumar's disobedience of his party leader and Union minister R.C.P. Singh about a Rajya Sabha seat, the BJP-Janata Dal (U) alliance in Bihar has been placed into a state of tension and doubt. This has caused the coalition to be in a position of uncertainty. Nitish Kumar's activities have directly contributed to the growth of tension and uncertainty in Bihar as a direct consequence of the fact that both parties in the state are vying to create an alliance government as quickly as possible. Because of what has transpired, Singh will be obliged to step down from the position he now holds. On the other hand, Mr. Kumar's choice to turn down Mr. Singh's application for the office of Union minister is more than just an oversight on his part. It is quite permiss...

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ArticleIndiaSocietyTrending

Passion Murder: Police Investigates Dombivli Murder, Suicide With A Different Angle

Sayani ChakrabortyJune 7, 20220

Anita Kale noticed that her sister Lalita, who had retired to her bedroom in Palava city in Dombivli the night before with her boyfriend Anil Salunke, had not come out even once on the morning of Tuesday, May 31, 2022, after their mother had left for work. This was after Anita Kale's mother had left for work. She rang the bell. When she did not get a response, she alerted her neighbors and they, one at a time, informed the local Manpada Police. She eventually got a response. A group of law enforcement officers arrived and forced open the door, where they saw Lalita Kale lying dead and Saluke hanging from a nylon rope. The police were skeptical that he had used the same rope to suffocate vegetables. As evidence of the crime, the police in Manpada filed a murder charge against Sal...

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ArticleIndiaPolitics

Uttar Pradesh Would Lead Development Narrative Of Nation: PM Modi

Sayani ChakrabortyJune 7, 20220

Prime Minister Narendra Modi on Friday said only "democratic India" has the capability of being the "trusted partner" the world is searching for at the time and Uttar Pradesh would lead the "development narrative of the nation in the 21st century". He also encouraged business leaders to visit his parliamentary constituency Kashi. ModiModi was in Lucknow to launch the third ground-breaking ceremony of industrial projects in the state. The event was intended to commemorate 1,400 projects indicating an investment of more than ₹80,000 crore. These projects have launched commercial operations or are on the approach of launching. Some memorandums of understanding (MoUs) were also signed between the state government and prominent business players such as Adani Defence and Aerospace to b...

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ArticleIndiaLatest NewsLaw

Jurnail Singh And Notion Of Reservation’s Evolution In India

Sayani ChakrabortyJune 7, 20220

The judgment that was handed down in the matter of Jurnail Singh, which was written by Justice Rohinton Nariman, represents a significant turning point in the development of the idea of reservation. The right to make a reservation is not mentioned in the Constitution of the United States. On the other hand, the Act recognised that the state is responsible to promote educational and economic possibilities for those members of society who are less fortunate. This obligation applies to those members of society who are members of minority groups. This requirement received special attention throughout the process. On September 26, 2018, the Supreme Court heard arguments about the reservation in up-gradation issue, and on the same day, the court issued its judgment regarding the matter...

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ArticleIndiaSociety

Manual Scavenging Is A curse To Humanity; NHRC Suggests Recommendations

Pooja YadavMay 30, 20220

The Centre should provide Rs10 lakh loan to manual scavengers’ relations so they'll start some enterprise. If we study the records of the National Crime Records Bureau (NCRB) should monitor the sewer deaths in its reports. The NHRC recommended expanding the definition of manual scavenging so as to hide other hazardous cleanings, or enacting a replacement law for hazardous cleaning. It also recommended that there should be a penalty to forestall harassment of ladies manual scavengers and youngsters of manual scavengers. NHRC has recommended that manual scavengers could also be linked to schemes under which they'll immediately start earning like MGNREGA. It has further asked that the number of compensation paid joined time cash assistance for rehabilitation of manual scavengers is al...

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ArticleFinanceIndiaInternationalPolitics

Indo-Pacific Economic Framework For Prosperity Goals: What Role India Likely To Play; Check Out!

Pooja YadavMay 30, 20220

India expressed willingness to affix Indo-Pacific Economic Framework for Prosperity (IPEF), a replacement economic initiative led by the United States. The US clarified that IPEF isn't a trade agreement. Thus, it neither seeks to switch the 11-nation CPTPP (Trans-Pacific Partnership) nor the RCEP. The negotiations for the IPEF began on May 24. The primary focus of the negotiation was on four main pillars -- trade, supply chain resiliency, clean energy, and taxes. At the launch of IPEF, PM Modi said that India will work together with other IPEF countries to make an inclusive Indo-Pacific Economic Framework. He expressed confidence that IPEF will cause peace and prosperity within the Indo-Pacific region. One of the roles of IPEF within the Indo-Pacific is going to be to line s...

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