Washington, March 21 (IANS) The Trump Administration is pushing for a leaner and more focused United Nations, with its top diplomat to the world body, Mike Waltz, telling lawmakers that the organisation must return to its core mission of maintaining international peace and security.Testifying before lawmakers at a congressional hearing in New York, Waltz defended the administration’s effort to overhaul the UN, arguing that decades of expansion have not delivered proportional results.“The UN …
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Agra, March 7 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said the government is working on a policy to encourage private investment in setting up super speciality hospitals and in supporting the opening of new private medical colleges in the state. “We have already relaxed the policy to encourage the opening of more private hospitals. We now want the private sector to augment government efforts in expanding the number of medical colleges,” he said while inaugurating a…
Shillong, Feb 16 (IANS) Meghalaya Governor C.H. Vijayashankar on Monday said the state’s economy has nearly doubled over the last seven years, underlining that sustained high growth reflects the resilience of its people and the government’s long-term development vision. Addressing the Budget Session of the Meghalaya Legislative Assembly, the Governor said the state recorded an impressive 9.66 per cent real Gross State Domestic Product (GSDP) growth in 2024-25, making it the second fastest-gr…
New Delhi, Feb 1 (IANS) The Confederation of Indian Industry (CII) on Sunday said the Union Budget 2026-27, with its next‑generation reforms, builds confidence, and its thrust on public capital expenditure will enhance private investment.CII welcomed the continued focus on fiscal prudence, noting that the fiscal deficit target of 4.3 per cent of GDP for FY27 reinforces confidence in India’s macroeconomic management.”There is broad recognition on fiscal discipline, including adherence to the …
New Delhi, Jan 22 (IANS) The government will likely unveil Budget 2026 with roughly Rs 53.5 trillion worth of total expenditure, a capital expenditure growth of about 15 per cent and a fiscal deficit target of 4.2 per cent, a report projected on Thursday.The report from investment management firm OmniScience Capital said that tax revenues are projected to grow about 10 per cent year‑on‑year in FY27 on a nominal GDP growth assumption of around 9 per cent.Non‑tax receipts are also expected t…
New Delhi, Jan 21 (IANS) The debate over Bangladesh achieving a trillion‑dollar economy by 2034 has moved from party manifestos into national conversation and online trolling, even as some economists have claimed the target may perhaps be achievable, said a media report published Wednesday. Under the right mix of policy, investment and institutional reform, Bangladesh could reach a much larger economy within a decade, but only if growth, revenue mobilisation and structural change accelerate sh…
New Delhi, Jan 7 (IANS) The sharp decline in Pakistan’s exports and the damage caused to the agricultural sector due to the floods are expected to pull down the country’s growth rate to below the IMF’s estimate, according to an article in the Pakistani media.The article in the Business Recorder by eminent Pakistani economist Hafiz Pasha points out that the country’s exports have plunged by as much as 14.5 per cent in November 2025 and by 6.2 per cent in the first five months. In particul…
Washington, Jan 5 (IANS) President Donald Trump said the United States is “in charge” of Venezuela following the arrest of Nicolás Maduro, asserting that Washington will oversee the country’s recovery before any elections are held and warning that further US military action remains possible if authorities in Caracas do not cooperate.Speaking to reporters aboard Air Force One, Trump described the operation to capture Maduro as extremely dangerous, saying US helicopters came under heavy fir…