Sept 03,2022:India has surpassed the United Kingdom to become the fifth largest economy in the world, Bloomberg reported on Friday. India overtook the UK in the final three months of 2021 to become the fifth-largest economy, pushing the UK to the sixth spot for the second time after it had done the same in 2019.
According to the report, the size of the Indian economy in ‘nominal’ cash terms in the quarter through March was $854.7 billion while the UK was $816 billion. This was an adjusted basis and using the dollar exchange rate on the last day of the relevant quarter.
The report comes just two days after the government put out the GDP data for the first quarter according to which the Indian economy grew at 13.5 per cent year-on-year. While this number was little lower than what the RBI had forecast, the growth rate was still highest among the developing countries. India is projected to grow at about 7 per cent this fiscal.
New Delhi , September 3,2022: Coastal security, sharing of river water and inter-state crime management are among key issues to be discussed in the 30th Southern Zonal Council meeting which will be chaired by Union Home Minister Amit Shah in Kerala’s capital Thiruvananthapuram on Saturday morning.
The Southern Zonal Council meeting will be held at around 11 am in Kovalam, 16 km south of Thiruvananthapuram.
The Home Minister is the chairman of the council, which comprises Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana and the Union territory of Puducherry.
Besides Kerala, Tamil Nadu and Puducherry Chief Ministers are likely to attend the meeting while Karnataka, Andhra Pradesh and Telangana CMs are learnt to depute their representatives for the meeting.
The meeting will be attended by chief secretaries, principal secretaries and senior officers of the member states and senior officers of the central government, a Mome Ministry official said.
Issues of common interest in areas of sharing of river water, coastal security, connectivity, power and other issues will be discussed in the meeting, said the Official.
The central government has been regularly holding meetings of the zonal councils every year as part of its strategy to strengthen competitive federalism in the country.
The forum provides a platform for discussion in a structured manner on issues affecting one or more states, or issues between the Centre and the States. In the last eight years, the number of meetings of the zonal councils increased by three times, officials said.
Regional councils help in developing a coordinated approach through discussion and exchange of views between states on important issues of social and economic development, they said.
There are five zonal councils in India that were set up in 1957 under Section 15-22 of the States Reorganisation Act, 1956.
Sept 03,2022:In a major development in Manipur politics, five of six Janata Dal (United) MLAs “merged” themselves with the ruling Bharatiya Janata Party on Friday. The development comes as a major setback to the JD(U) and Bihar chief minister Nitish Kumar, who has been fostering national ambition for the 2024 election.
In a bulletin issued last night, Manipur Assembly Secretary K Meghajit Singh said Speaker Thokchom Satyabrata Singh has accepted the merger of the five JDU MLAs under the 10th Schedule of the Constitution of India.
Sept 02,2022:Tamil Nadu Chief Minister M.K.Stalin has said that the one-man commission of inquiry headed by retired Justice A.Arumughasamy, which probed the death of former Chief Minister J.Jayalalithaa, will be made public.
He said the probe panel report would be tabled in the State Assembly along with the action taken report based on its recommendations.
The Jayalalithaa death probe panel report along with the report of the Justice Aruna Jagadeesan commission, which probed the May 18, 2018 police firing incident on anti- sterlite protestors in which 13 people were killed, were discussed in detail in the recent State Cabinet meeting and it was decided to table it in the State Assembly.
The Arumughasamy Commission has recommended action against Jayalalithaa’s confidante, VK Sasikala, among others, and the matter will be discussed with legal experts. According to an official release, the report went into various aspects including her hospitalisation on September 22, 2016, and the treatment provided to her, till her death on December 5.
Justice A Arumughasamy presented the report to Stalin a few days back. “The cabinet has decided to take the opinion of legal experts on the (Commission) report recommending ordering government enquiry against VK Sasikala, doctor Sivakumar, then health minister C Vijayabaskar and former Chief Secretary Rama Mohana Rao and take due action, and after doing so, place it before the Tamil Nadu Assembly with a report,” he said.
Sept 01,2022:Ukraine has accused Russia of shelling the town of Enerhodar, which houses the Zaporizhzhia nuclear plant, ahead of a planned visit by United Nations nuclear inspectors. Meanwhile, Russia’s defence ministry has accused Ukrainian forces of trying to seize plant.
Despite the reported attacks, the International Atomic Energy Agency (IAEA) mission set off from the Ukrainian city of Zaporizhzhia towards the nuclear power plant in the Russian-controlled town of Enerhodar on Thursday, with IAEA chief Rafael Grossi saying the mission was aware of “increased military activity in the area”, but was pressing ahead with its plan to visit the facility and meet its staff.