India Growth Forecast News LIVE Updates: Fitch cuts India’s economic growth forecast for FY23 to 7% from previous estimate of 7.8%

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Centre, Assam government to sign peace accord with 8 Adivasi militant outfits today

The Centre and Assam government will sign a tripartite peace accord with eight Adivasi militant outfits of Assam in New Delhi today, 10 years after the peace process started. The peace agreements will be signed in presence of Union Home Minister Amit Shah and Assam Chief Minister Himanta Biswa Sarma.
The eight rebel groups are Birsa Commando Force (BCF), Adivasi People’s Army (APA), All Adivasi National Liberation Army (AANLA), Adivasi Cobra Military of Assam (ACMA) and Santhali Tiger Force (STF) and the remaining three outfits are splinter groups of BCF, AANLA and ACMA.

PM Modi extends greetings on Engineer’s Day

Prime Minister Narendra Modi on Thursday conveyed greetings to all the engineers of the country on the occasion of Engineer’s Day and said that the nation is blessed to have a skilled and talented pool of engineers that contribute to nation building. PM Modi also assured that the government is working to enhance the infrastructure for the students to pursue engineering. “Greetings to all engineers on #EngineersDay. Our nation is blessed to have a skilled and talented pool of engineers who are contributing to nation building. Our Government is working to enhance infrastructure for studying engineering including building more engineering colleges,” PM Modi said in a tweet.

China’s Guangzhou lets developers cut home prices by 20%

Guangzhou city has allowed property developers to reduce sale prices of homes by as much as 20% compared with 6% previously, financial news outlet Yicai reported on Thursday, in what would be the biggest cuts allowed by a top-tier city in China. Chinese local authorities set floors and caps for sales price changes in the property sector, which accounts for a quarter of the economy, to avoid sharp fluctuations in price. Most cities set a floor of around 6% for cuts in sale prices.

China, Russia, Central Asia leaders hold security summit

Chinese President Xi Jinping, Russia’s Vladimir Putin and leaders from India and Central Asian nations headed to Uzbekistan on Thursday for a summit of a security group formed by Beijing and Moscow as a counterweight to U.S. influence. The meeting of the eight-nation Shanghai Cooperation Organization comes at a time when Putin is isolated abroad following his invasion of Ukraine. Beijing’s relations with Washington, Europe, Japan and India are strained by disputes over technology, security and territory.

UP Dalit sisters death: Six accused arrested

Six people were arrested on Thursday in connection with the rape and murder of two Dalit teenage sisters in Nighasan here, police said. The girls were found hanging from a tree in a sugarcane field located about a kilometre away from their house on Wednesday. Lakhimpur Kheri Superintendent of Police (SP) told reporters, “We have arrested Junaid, Sohail, Hafizur Rehman, Karimuddin, Arif and Chottu in an overnight operation.” Junaid and Sohail were in a relationship with the two sisters, the SP said.

India-Bhutan border gates to reopen on Sep 23 post pandemic

India-Bhutan border gates at Samdrup Jhongkhar and Gelephu along the Assam frontier will reopen for tourists on September 23 for the first time since the COVID-19 outbreak. A Bhutanese delegation, led by Tashi Penjore, the Himalayan kingdom’s Director (law and order) of the Ministry of Home and Cultural Affairs, held a meeting with Bodoland Territorial Council (BTC) officials here on Wednesday and announced that the gates will be reopened after a two-and-half-year hiatus.

Sardar Sarovar Dam filled to brim after two years

Gujarat’s water lifeline, the reservoir of the Sardar Sarovar Dam on the river Narmada was filled to the capacity on Thursday following good rainfall this season, officials said. Chief Minister Bhupendra Patel offered prayers at the dam site to mark the occasion. This is the third time that the dam has reached its full reservoir level after 2019 and 2020, an official release said.

Thane records 126 COVID-19 cases, no death

As many as 126 new coronavirus infections were detected in Maharashtra’s Thane district in the last 24 hours, a health official said on Thursday morning. It took the tally of cases in the district to 7,44,127. There are now 999 active cases in the district.

Vedanta highest bidder for Ghogharpalli coal block

Vedanta has been declared as the highest bidder for Ghogharpalli and its Dip Extension coal block, in Sundargarh district, Odisha under Tranche V of the commercial coal block auction conducted by the Coal Ministry

Nadda to visit Nagaland on Thursday

BJP president J P Nadda will arrive here on Thursday on his maiden visit to Nagaland after assuming charge of the party, sources in it said. The assembly election in the northeastern state, where an all-party government is in power, is due in March next year. Nadda is scheduled to address a public rally at Old Riphyim in Wokha district, BJP Nagaland media cell said on Wednesday. He will also address BJP leaders in Kohima in the afternoon.

Active COVID-19 cases in country increase to 46,389

India added 6,422 new coronavirus infections taking the total tally of COVID-19 cases to 4,45,16,479, while the active cases increased to 46,389, according to the Union Health Ministry data updated on Thursday. The death toll climbed to 28,250 with 34 fatalities which includes 20 deaths reconciled by Kerala, the data updated at 8 am stated.

Fitch cuts India’s economic growth forecast for FY23 to 7 pc from previous estimate of 7.8 pc

Single day rise of 6,422 new coronavirus infections push India’s COVID-19 tally to 4,45,16,479, death toll climbs to 5,28,250

‘Three capitals’ issue could come up in Andhra Legislature again

Chief Minister Y S Jagan Mohan Reddy is expected to make a PowerPoint presentation, on the need for three capitals for the state, in the Andhra Pradesh Legislative Assembly on the opening day of the monsoon session beginning Thursday. There is no clarity from the government side yet on whether or not a new Bill will be introduced in the Legislature on the three capitals plan. In a face-saving exercise to pre-empt a legal fallout, the Jagan Mohan Reddy government abruptly passed a Bill in the Assembly on November 22 last year, repealing the controversial AP Decentralisation and Inclusive Development of All Regions Act, 2020, which was intended to establish three capitals for the state.

Samsung sets goal to attain 100 per cent clean energy by 2050

Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by 2050, a challenging goal that experts say could be hampered by South Korea’s modest climate change commitments. South Korea-based Samsung is a top producer of computer memory chips and smartphones and, by some estimates, the biggest energy consumer among hundreds of global companies that have joined the “RE100” campaign to get 100 per cent of electricity from renewable sources like wind or solar power.

Indian American Shefali Razdan Duggal is US Ambassador to the Netherlands

Shefali Razdan Duggal, an Indian-American political activist, has been confirmed by US Senate as the country’s next envoy to the Netherlands. Razdan Duggal, 50, was confirmed by the US Senate by a voice vote along with two other confirmations to senior administrative positions.

UN chief Guterres and Russia’s Putin discuss war in Ukraine

UN Secretary-General Antonio Guterres said he spoke to Russian President Vladimir Putin Wednesday about exporting Russian fertilizer through Ukraine’s Black Sea ports to address a growing global food crisis that threatens multiple famines. The U.N. chief said they also discussed security at Europe’s largest nuclear plant, where he said bombing has stopped for the past three days, and prisoners of war. “I believe that there are negotiations still taking place,” he said. “I strongly hope that the problem of prisoners of war will be entirely solved, and I strongly hope that all prisoners of war from both sides will be exchanged.”

Zelenskyy in car accident, no serious injuries

Ukrainian President Volodymyr Zelenskyy’s car collided with another vehicle early Thursday after a battlefield visit, but he was not seriously injured, his spokesman said. Zelenskyy was returning to Kyiv from the Kharkiv region, where he visited troops in the recaptured city of Izium.

ICC umpire Asad Rauf dead at 66

Former ICC umpire Asad Rauf who officiated in 231 international matches in his 13-year carrer died of a cardiac arrest in Lahore. He was 66. Rauf began umpiring in 2000 and was promoted to ICC’s elite panel in 2006. One of Pakistan’s most prominent umpires, Rauf’s career came to an abrupt halt in 2013 when his name landed in the IPL spot-fixing scandal.

Patagonia founder gives away company to save planet

All of Patagonia’s nonvoting shares have been transferred to a nonprofit dedicated to fighting against climate change and for nature protection and conservation. Company profits will also be donated to the nonprofit.

Man held for threatening to kill Odisha MLA

A man has been arrested in Odisha’s Jajpur district for allegedly threatening to kill legislator Nityananda Sahoo over the phone, police said on Wednesday. Sahoo, the MLA from Basta in Balasore district, received the call on his mobile phone from an unknown number around 8.30 am on Tuesday. The cyber cell of the Balasore police started an investigation and Sk Mujamil was arrested from the Mangalpur area, an officer said. He has been booked under various sections of the Indian Penal Code.

Jharkhand decides to provide land for private varsity in Ranchi

The Jharkhand government on Wednesday gave its nod to a slew of proposals including approval for providing about 150 acres of land in Ranchi for Azim Premji University entailing a likely investment of about Rs 3,000 crore. The private university, to be developed by Azim Premji Foundation, envisages providing international-level education in Jharkhand.

US sets up Afghan relief fund with frozen central bank money

A year after the tumultuous US withdrawal from Afghanistan, the Biden administration said Wednesday it will transfer $3.5 billion in frozen Afghan central bank funds for humanitarian aid as hunger grips every province in that country. Funds will be dispersed after trustees of the new Afghan Fund meet to determine a timetable. The trustees are two Afghan economists, a US government representative and a Swiss government representative.

Gender discrimination reason for 98% of employment gap between men and women

Gender discrimination is the reason for 98 per cent of employment gap between males and females in India, according to a new report of Oxfam India. The report highlighted that woman in India despite their same educational qualification and work experience as men will be discriminated in the labour market due to societal and employers’ prejudices. The Oxfam India’s ‘India Discrimination Report 2022’ shows that discrimination causes 100 per cent of employment inequality faced by women in rural areas in labour market and 98 per cent in urban areas.

Hindu religious leaders pay homage to Swami Swaroopanand

Religious leaders on Wednesday paid tributes to Dwarka Peeth Shankaracharya Swami Swaroopanand Saraswati, who died in Madhya Pradesh recently, terming his death as a great loss to the country. Swami Swaroopanand, once known as a “revolutionary sadhu” for participating in freedom struggle, who spoke his mind on religious and political issues and questioned the “deification” of Saibaba of Shirdi, died of cardiac arrest in his ashram in Madhya Pradesh on Sunday at the age of 99.

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