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Tag: india

  • Nepal nominates 8 new ambassadors, including for India | World News

    New Delhi: Nepal has nominated ambassadors for eight countries, including India, a little over two weeks after recalling the incumbents.

    According to the Cabinet sources, former chief secretary and Nepal’s ambassador to the United Kingdom, Lokdarshan Regmi, has been nominated as the new Nepalese ambassador to India.

    Regmi has earlier held positions of Home Secretary, Finance Secretary and Secretary at the Ministry of Land Reform and Management.

    The decision was taken by Nepal’s Cabinet on Friday.

    Earlier on June 6, the Nepal government had recalled ambassadors from 11 countries, including those serving in India and the US and appointed under the Nepali Congress’ quota, three months after Prime Minister Pushpa Kamal Dahal ‘Prachanda’ terminated his alliance with the party and joined hands with former prime minister KP Sharma Oli.

    The development had come three months after the coalition was formed with the support of CPN-UML.

    The government has named former Commerce and Industry Secretary Chandra Ghimire as Nepal’s new ambassador to the United States replacing the incumbent ambassador, Sridhar Khatri while Bijan Pant has been named Nepal’s new ambassador to the United Kingdom.

    All the ambassador nominees need to undergo parliamentary hearings before the president appoints them to their respective positions.

  • India’s Toy Exports Expand To More Than 100 Countries | Economy News

    New Delhi: The Indian toy industry has expanded its global presence to more than 100 countries including the US, the UK, Germany, the Netherlands, Denmark and even China and the next step for the toy manufacturers is to reach international consumers through the effective use of online mediums, a senior official of the Department for Promotion of Industry and Internal Trade (DPIIT) said here on Monday.

    In line with the objective of providing an impetus to the growing Indian toy sector, DPIIT organised a “Workshop with Flipkart and Indian Toy Industry” on Wednesday in New Delhi, which played a pivotal role in laying the roadmap for enabling further growth of the toy sector, scaling domestic consumption and upskilling/reskilling workforce.

    Addressing a joint workshop of Indian toy manufacturers and e-retail giant Flipkart, Joint Secretary, DPIIT, Sanjiv said: “The success of the Indian toy industry reflects in the enhanced exports, increasing robustness of the manufacturing ecosystem and reduced import dependence.”

    The deliberations laid special focus on how the emerging opportunities from the e-commerce marketplace can be leveraged to bolster the growth of the Indian Toy Industry.

    Secretary, (DPIIT), Rajesh Kumar Singh while addressing the participants said: “As part of its strong commitment to create a better ecosystem for the toy industry, the government has identified the sector as one of the champion sectors, with a long-term vision to create a global market for ‘Made in India’ toys.

    A cohesive approach is being followed by breaking the silos and working with industry in all aspects for enhancing the robustness of the sector.” The workshop organised in collaboration with Flipkart and the Indian Toy Industry helped the domestic toy manufacturers to understand the nuances of online selling, thereby enabling a step further towards building a “Toyconomy”.

    According to industry estimates, Indian exports of Toys, Games, and sports articles between 2014-15 to 2022-23 increased by 239 per cent whereas the imports fell by 52 per cent.

    Further, the report presented the current market size of the industry is USD 1.7 billion, and expected to reach USD 4 Billion by 2032 with a 10.5 per cent annual growth rate.

  • Pinarayi Vijayan: Attempts are being made to turn India into a religious nation: Kerala CM

    Malappuram (Kerala): Kerala Chief Minister Pinarayi Vijayan on Sunday expressed concern over the alleged attempts being made to turn India into a religious nation, and accused those in power at the Center of trying to blur the lines between religious institutions and the state.

    Without mentioning Prime Minister Narendra Modi, he said nowadays those who hold constitutional positions are turning into priests during religious ceremonies. The Left veteran was apparently referring to the recent consecration ceremony of the Ram temple in Ayodhya in which Modi was the ‘yajman (master of a yajna)’.

    “Attempts are being made to turn India into a religious nation… This evokes great concern,” Vijayan said, speaking during the valedictory session of the 10th Mujahid State Conference at Karipur in this northern district. He labeled as “pathetic” the attempts by certain leaders “even in Kerala” to justify such events. In present India, those who are in power are attempting to blur the lines between religion and the state, Vijayan further said. The chief minister also accused the Center of sabotaging projects meant for minority communities.

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  • Amravati MP Navneet Rana demands Bharat Ratna for Balasaheb Thackeray, Savarkar

    On Maharashtra leaders demanding Bharat Ratna for Balasaheb Thackeray and VD Savarkar, Amravati MP Navneet Rana says, “…PN Narasimha has been named for Bharat Ratna. I think all the names that have been announced are welcome. The demands have been made now , so I think that in the time to come, this government will take note of it. They should be awarded…”

  • After Nitish Kumar, Many Others In Line For ‘Ghar Wapasi’ In NDA Ahead Of 2024 Polls |

    NEW DELHI: “It’s never too late to mend,” goes the adage, and in the ever-shifting landscape of politics in India, this rings especially true. As alliances evolve and partners realign, the National Democratic Alliance (NDA) finds itself at the center of attention once again, with several former allies contemplating a return to the fold ahead of the crucial 2024 elections.

    The BJP: The Architect Of The NDA

    At the heart of the NDA stands the Bharatiya Janata Party (BJP), orchestrating the intricate dance of coalition politics. With the advent of the Narendra Modi era, the NDA witnessed a seismic shift in its composition after the 2014 and 2019 Lok Sabha elections. Now, as the countdown to the 2024 polls begins, attention turns to those allies who are either making a comeback or seriously considering it, following in the footsteps of Bihar CM Nitish Kumar’s recent U-turn.

    Modi-Shah Era And Its Impact On The NDA

    In 2013, when Narendra Modi was anointed as the BJP’s prime ministerial candidate, the NDA boasted 29 constituent parties. While the BJP swept the elections with 282 seats in the Lok Sabha, its allies clinched an additional 54 seats. However, in the subsequent five years of Modi’s tenure, 16 parties bid adieu to the NDA, signaling a period of flux and transition within the alliance.

    Departures And Realignments

    Lessons from 2014 and 2019 The run-up to the 2014 Lok Sabha elections saw the high-profile departure of Nitish Kumar’s Janata Dal (United), setting the stage for a series of exits by regional players such as the Haryana Janhit Congress and the Marumalarchi. Dravida Munnetra Kazhagam. Between 2014 and 2019, several other parties, including the Telugu Desam Party and the Rashtriya Lok Samata Party, followed suit, reshaping the NDA’s landscape.

    Recent Exits And Returns

    Shiv Sena, SAD, and JD(U) Post-2019, the NDA witnessed the departure of stalwart allies like the Shiv Sena and the Shiromani Akali Dal, while Nitish Kumar’s JD(U) made a surprising comeback following the Bihar Assembly elections in 2022. These developments underscore the fluid nature of coalition politics, where alliances can shift with the changing tides of public sentiment and regional dynamics.

    As the 2024 elections loom large, speculation abounds regarding potential returns to the NDA fold. Nitish Kumar’s departure from the opposition alliance signals a significant shift, with other influential figures like Chandrababu Naidu and Uddhav Thackeray also engaging in strategic dialogues with the BJP. Meanwhile, negotiations with regional heavyweights like the Akali Dal and the potential announcement from Jayant Chaudhary hint at further realignments on the horizon.

    Amidst these political manoeuvres, the NDA alliance appears poised for a resurgence, consolidating its position ahead of the electoral battleground. Yet, the road to power is fraught with challenges, requiring both new and returning allies to navigate the intricate web of coalition politics. As Prime Minister Modi’s ambitious “400 plus” slogan reverberates, the stage is set for a high-stakes showdown, with the Congress eagerly watching for any signs of weakness within the NDA camp.

    Who’s Next In Line For The ‘Ghar Wapasi’ In NDA?

    With Nitish Kumar’s recent defection setting the stage, the question on everyone’s mind is: who will be the next to heed the call of ‘Ghar Wapasi’ within the NDA alliance? As alliances shift and political fortunes fluctuate, one thing remains certain: the 2024 elections promise to be a watershed moment in India’s political landscape, with the NDA at the forefront of the action.

  • In Bid To Show Brave Face To India, Pakistan Just Exposed Itself At Global Stage |

    Days after Iran hit terrorist bases in Pakistan’s Balochistan, Islamabad has now retaliated by hitting terrorist bases in Tehran’s territory. In a press brief, Pakistan’s Ministry of Foreign Affairs said that Islamabad undertook a series of highly coordinated and specifically targeted precision military strikes against terrorist hideouts in the Siestan-o-Baluchistan province of Iran. It said that several terrorists were killed during the intelligence-based operation codenamed ‘Marg Bar Sarmachar’. Tehran has confirmed 9 deaths in the attack. Islamabad’s military action comes after a missile attack by Tehran targeting a terrorist group killed two children in the southwestern Balochistan province of Pakistan.

    Spokesperson of the Ministry of Foreign Affairs of Pakistan Mumtaz Zahra Baloch said that the sole objective of today’s Act was in pursuit of Pakistan’s own security and national interest.

    Responding to a media query on India’s remark, a Pakistani official said that New Delhi will now understand the action taken in self-defense. “I am sure that India will understand the action Pakistan has taken in its self-defense today.”

    India has said that the attack on Balochistan was a matter between Iran and Pakistan. “Insofar as India is concerned, we have an uncompromising position of zero tolerance towards terrorism. We understand actions that countries take in their self-defense,” said the Ministry of Foreign Affairs of India.

    India had carried out two surgical strikes on Pakistan after Narendra Modi came to power in 2014. While trying to send a message to New Delhi about self-defense, Pakistan has purportedly exposed itself and Iran. Pakistan wanted to show that it would even respond to India in case of any future events like a surgical strike, it showed to the world that it indeed harbors terrorist groups in its home. Iran has already accused Pakistan of not taking action against terror groups despite several requests.

    Knowing that attacking Iran would further escalate the tension between the two nations, Pakistan took a safer line by saying that Iran is a brotherly country and that the people of Pakistan have great respect and affection for the Iranian people. “We have always emphasized dialogue and cooperation in confronting common challenges including the menace of terrorism and will continue to endeavor to find joint solutions,” said Pakistan’s foreign ministry.

    By issuing this statement, Pakistan again confirmed that terror groups are thriving uninterrupted in the country, a claim that India has made several times.

  • Pro-Beijing Maldivian President Muizzu Asks India To Withdraw Troops By March 15; Says Taiwan Part Of China |

    Maldivian President Mohamed Muizzu, who was on a visit to China days ago, has again shown his pro-Beijing attitude by not only rejecting the existence of Taiwan but also by setting a deadline for India to withdraw its troops from the island nation. Muizzu came to power on November 17 last year. Breaking away from the tradition of first visiting India, Muizzu went to China and inked several deals with China. It also urged China to send more tourists to Male.

    Pursuing ‘India Out’ Policy

    Muizzu, who came to power in November last year through his vicious ‘India Out’ campaign, has asked India to withdraw its military personnel from his country by March 15. According to the latest government figures, there are 88 Indian military personnel in the Maldives. .

    “Indian military personnel cannot stay in the Maldives. This is the policy of President Dr Mohamed Muizzu and that of this administration,” said Abdulla Nazim Ibrahim, the public policy secretary at the President’s Office. Amid this, a high-level core group of the two nations met today to negotiate the withdrawal of troops.

    Diplomatic Row Between India and Maldives

    The call for the withdrawal of Indian military personnel arises amid heightened tensions between the two nations, triggered by offensive remarks made by three deputy ministers of the Muizzu government against Prime Minister Narendra Modi. Following their controversial social media posts, Muizzu suspended the three ministers. These comments raised concerns in India and led to calls for a boycott by Indian tourists, who held the highest numbers, followed by Russia, with Chinese tourists ranking third.

    Muizzu’s Veiled Attack On India

    Muizzu, who has just returned from China, has sought to move Maldives closer to Beijing. Speaking to reporters, he said that Maldives being small doesn’t give anyone a license to bully it. He also announced plans to reduce the country’s dependency on India, including securing imports of essential food commodities and medicine and consumables from other countries. He also said that the Indian Ocean doesn’t belong to just one country and belongs to all countries located in the ocean.

    Toeing Chinese Line

    During his China visit, Maldives and China issued a joint statement that even rejected the existence of Taiwan. “The Maldives is firmly committed to the one-China principle, recognizing that there is but one China in the world, the Government of the People’s Republic of China is the sole legal government representing the whole of China, and Taiwan is an inalienable part of China’s territory. The Maldives opposes any statement or action that undermines China’s sovereignty and territorial integrity, opposes all ‘Taiwan independence’ separatist activities, and will not develop any form of official relations with Taiwan,” read the statement.

    Maldives To Become Chinese Colony?

    This shows that Muizzu has already bowed down to China for financial assistance and trade needs. Muizzu is not realizing that his pro-Beijing moves may lead the Maldives into a crisis like Sri Lanka. While India was there to help Colombo, that may not be the case for Maldives. Thus, the day is not far when Maldives will become a colony of China run by a puppet government. This definitely poses a security challenge for India and the Indian Navy needs to be on alert for any misadventure in the region.

  • Italian PM Giorgia Meloni`s `Good Friends` Selfie With PM Modi Goes Viral

    In September, PM Modi conducted a bilateral meeting with Meloni during the G20 Summit in New Delhi.

  • The true value of worldwide transactions

    India is a big exporter of providers, and rising quickly. The estimated worth of providers export for 2022-2023 was $323 billion, up from $254 billion in 2021-22, based on knowledge from the commerce ministry. This consists of the earnings of businesses, consultants, gig staff, exporters and different freelancers who serve abroad purchasers. If you might be an exporter, a freelancer or repeatedly obtain funds from abroad, you’ll know the way a lot it hurts to pay exorbitant and opaque charges to banks and fee platforms. When receiving fee to your providers in overseas forex, processing prices can vary from 2% to 10% of the transaction quantity. Since the break-up is normally undisclosed and borne by the recipient, these prices minimize into your earnings. Therefore, it is very important clearly perceive the frequent hidden prices.

    SWIFT/ wire charges: These are normally mounted or slab-wise prices deducted by your consumer’s financial institution abroad whereas sending the fee. Depending on the nation, financial institution and quantity, these prices might be wherever from $20-75. Your consumer pays these prices, or cross them on to you. For occasion, if on a $10,000payment, swift prices are $50 and the consumer opts to cross them on to you, you’ll obtain solely $9,950 in India.

    Intermediary financial institution charges: Typically, in worldwide wire transfers, the funds find yourself passing via a number of banks and every middleman (or correspondent) financial institution can deduct their very own charges. For occasion, whereas receiving a fee of $10,000, middleman banks would possibly deduct $200, or extra, as correspondent financial institution prices. Again, this will likely be deducted even earlier than the cash involves India, so within the above instance, you’ll obtain solely $9,750 in India. Both swift charges and intermediate financial institution charges will not be customary and acknowledged upfront; you get to know the quantum of charges solely after receiving the cash.

    Mark-up in foreign exchange price: This is normally the place you lose probably the most cash. foreign exchange mark-up is the distinction between the market price and the speed you obtain whereas exchanging a forex. Whenever you change forex, the foreign exchange price you obtain is barely decrease than the prevailing market price. This distinction is pocketed by monetary establishments to make a revenue on overseas change transactions. An internet seek for ‘USD INR’, provides you the reside market price. So, whereas receiving a fee of $10,000, you’ll lose round $250 in foreign exchange prices.

    Conversion and platform charges: Several fintech platforms and banks have conversion charges or platform charges. These may very well be mounted charges per transaction, or a share of the transaction quantity. Often, banks don’t point out this price upfront. These prices are additionally debited in a while from the account, moderately than in-line with the fee processed. In both case, one must be careful for these charges, since they straight eat into your earnings. For occasion, many fee platforms cost round a 4% price to course of worldwide funds into India.

    Service charges: Another price that the majority customers will not be conscious of is the service price. Banks and fintech platforms cost for numerous sorts of providers, and sometimes don’t disclose these prices upfront. Even submit facto, there isn’t a lot rationalization about why a specific service price has been charged. For occasion, a number of banks cost for issuing FIRC, and name it ‘Inward Remittance Certificate charges’. These are normally ₹200 to ₹500 per transaction, however can generally go as excessive as ₹2,000. In distinction, UPI has made home funds in India seamless and cost-efficient. .

    In the interim, one could make knowledgeable selections by choosing suppliers with clear prices and change charges, and leverage on-line calculators to know the whole value of overseas change transactions, encompassing all charges and prices.

    Movin Jain is co-founder, Skydo, a cross-border funds platform.

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    Updated: 16 Oct 2023, 09:27 PM IST

  • Odisha showers money awards on hockey staff for gold medal, Rohidas to get 1.5 crore rupees

    By PTI

    BHUBANESWAR: A day after the Odisha authorities introduced a money award of Rs 5 lakh every to gamers and workers members of the Indian Men’s Hockey Team, Chief Minister Naveen Patnaik on Saturday stated Odia defender Amit Rohidas will even be given a further Rs 1.5 crore for his function in nation’s historic gold win on the nineteenth Asian Games in Hangzhou.

    Congratulating the Indian males’s hockey staff for successful gold on the Asian Games, Patnaik expressed his heartfelt congratulations to Amit Rohidas, acknowledging his excellent efficiency and calling him an “inspiration” for children not solely throughout Odisha but additionally all through India.

    “Amit Rohidas’ remarkable achievements exemplify the spirit of perseverance and excellence. He has become a symbol of hope and pride for aspiring athletes in our state and beyond. His success story resonates with every individual striving to achieve greatness, and we are immensely proud of his accomplishments,” Patnaik stated in a press release.

    Describing Amit Rohidas as a “true son of the soil” from the hockey-rich area of Sundergarh in Odisha, Patnaik stated he (Rohidas) had proudly earned himself an Olympic Bronze Medal on the Tokyo Olympics 2020.

    Amit Rohidas, a product of Odisha’s wealthy sporting tradition, honed his distinctive expertise on the Panposh Sports Hostel in Rourkela.

    With a formidable monitor file of over 150 caps, Rohidas emerged as an integral cog in India’s marketing campaign in Hangzhou, serving as the primary rusher and displaying exceptional strategic acumen.

    His pivotal purpose within the semi-final in opposition to South Korea propelled the Indian staff in the direction of the ultimate and the coveted gold medal, a senior sports activities division official stated.

    After Kishore Jena’s historic feat in javelin throw the place he gained a silver medal, Amit Rohidas turns into the second Odia to complete on the rostrum at this version of the Asian Games.

    Jena was additionally rewarded with a money prize of Rs 1.5 crore for his achievement.

    In regards to the money award for the Indian Men’s Hockey Team, the official stated that the reward will likely be given in recognition of their stellar efficiency to win the coveted gold medal and seal a berth within the Paris Olympics 2024.

    The chief minister additionally spoke to the staff over video name after the medal ceremony on Friday.

    “My heartiest congratulations to the victorious Indian men’s hockey team. Their unwavering dedication and hard work have once again proven that hockey is truly India’s game, embodying our nation’s unyielding spirit,” Patnaik stated.

    “In Odisha, where hockey holds a special place in our hearts, this historic day will forever be etched in our memories as a momentous triumph for our beloved sport and our nation. I wish the Indian team the very best as they prepare for the Paris Olympic Games,” he added.

    Skipper Harmanpreet Singh led admirably because the Indian males’s hockey staff mauled defending champions Japan 5-1 to reclaim the Asian Games gold in Hangzhou, China, their fourth within the continental showpiece, after 9 years.

    The Odisha authorities has been the sponsor for the Indian hockey groups since 2018 and it’ll proceed until 2033.

    The state authorities on Saturday issued full-page commercials in native and nationwide newspapers to congratulate the Indian Men’s Hockey staff for the Gold medal within the nineteenth Asian video games.

    BHUBANESWAR: A day after the Odisha authorities introduced a money award of Rs 5 lakh every to gamers and workers members of the Indian Men’s Hockey Team, Chief Minister Naveen Patnaik on Saturday stated Odia defender Amit Rohidas will even be given a further Rs 1.5 crore for his function in nation’s historic gold win on the nineteenth Asian Games in Hangzhou.

    Congratulating the Indian males’s hockey staff for successful gold on the Asian Games, Patnaik expressed his heartfelt congratulations to Amit Rohidas, acknowledging his excellent efficiency and calling him an “inspiration” for children not solely throughout Odisha but additionally all through India.

    “Amit Rohidas’ remarkable achievements exemplify the spirit of perseverance and excellence. He has become a symbol of hope and pride for aspiring athletes in our state and beyond. His success story resonates with every individual striving to achieve greatness, and we are immensely proud of his accomplishments,” Patnaik stated in a press release.googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );

    Describing Amit Rohidas as a “true son of the soil” from the hockey-rich area of Sundergarh in Odisha, Patnaik stated he (Rohidas) had proudly earned himself an Olympic Bronze Medal on the Tokyo Olympics 2020.

    Amit Rohidas, a product of Odisha’s wealthy sporting tradition, honed his distinctive expertise on the Panposh Sports Hostel in Rourkela.

    With a formidable monitor file of over 150 caps, Rohidas emerged as an integral cog in India’s marketing campaign in Hangzhou, serving as the primary rusher and displaying exceptional strategic acumen.

    His pivotal purpose within the semi-final in opposition to South Korea propelled the Indian staff in the direction of the ultimate and the coveted gold medal, a senior sports activities division official stated.

    After Kishore Jena’s historic feat in javelin throw the place he gained a silver medal, Amit Rohidas turns into the second Odia to complete on the rostrum at this version of the Asian Games.

    Jena was additionally rewarded with a money prize of Rs 1.5 crore for his achievement.

    In regards to the money award for the Indian Men’s Hockey Team, the official stated that the reward will likely be given in recognition of their stellar efficiency to win the coveted gold medal and seal a berth within the Paris Olympics 2024.

    The chief minister additionally spoke to the staff over video name after the medal ceremony on Friday.

    “My heartiest congratulations to the victorious Indian men’s hockey team. Their unwavering dedication and hard work have once again proven that hockey is truly India’s game, embodying our nation’s unyielding spirit,” Patnaik stated.

    “In Odisha, where hockey holds a special place in our hearts, this historic day will forever be etched in our memories as a momentous triumph for our beloved sport and our nation. I wish the Indian team the very best as they prepare for the Paris Olympic Games,” he added.

    Skipper Harmanpreet Singh led admirably because the Indian males’s hockey staff mauled defending champions Japan 5-1 to reclaim the Asian Games gold in Hangzhou, China, their fourth within the continental showpiece, after 9 years.

    The Odisha authorities has been the sponsor for the Indian hockey groups since 2018 and it’ll proceed until 2033.

    The state authorities on Saturday issued full-page commercials in native and nationwide newspapers to congratulate the Indian Men’s Hockey staff for the Gold medal within the nineteenth Asian video games.