The fundamentals of the Indian economy are strong, and private investment is increasing: Arvind Panagariya,

India

Dr.Arvind panagariya

According to former Niti Aayog vice-chairman Arvind Panagariya, the Indian economy’s fundamentals are sound, as real GDP in Q3 and Q4 of FY’21 already exceeded pre-pandemic levels.

Panagariya, however, stressed in an interview with PTI that the country must conquer Covid-19 as quickly and decisively as possible.

“On the vaccination front, the news is excellent. I only wish that we, as citizens, did our part by wearing masks whenever we come into contact with others “He stated.

“In the third and fourth quarters of 2020-21, real GDP had already surpassed the pre-Covid-19 level… these facts tell me that the economy’s fundamentals are sound,” he said.

Meanwhile, despite a devastating second wave of Covid-19, the Indian economy grew by a record 20.1 percent in the April-June quarter this fiscal, aided by a very low base from the previous year and a sharp rebound in the manufacturing and services sectors

India all set to reset, deepen ties with Sri Lanka

Emergency Relationship

Covid-19 emergency cooperation between India and Sri lanka

In the midst of the massive financial crisis and the catastrophic COVID-19 wave that has gripped the island country, India and Sri Lanka are prepared to re-engage at diplomatic and political levels after a lean period.
Foreign Secretary Harsh Shringla will begin a three-day visit to Sri Lanka on Saturday, meeting with President Gotabaya Rajapaksa, Prime Minister Mahinda Rajapaksa, Foreign Minister GL Pieris, and his counterpart Jayanth Colombage.
The Foreign Secretary will also visit Kandy, Trincomalee, and Jaffna during his tour, as well as the Jaffna Cultural Centre, which is being built with India’s help.

India Deploys Howitzer Regiment In Ladakh, Can Hit Targets 50 Km Away

India

K9-Vajra

The Indian Army has deployed the first K9-Vajra self-propelled howitzer regiment along the Line of Actual Control (LAC) with China in the forward portions of the Ladakh sector. The self-propelled cannons have a range of about 50 kilometres. Following a deadly skirmish in the Pangong lake area in May of last year, India and China have been locked in a border impasse. Both sides gradually increased their deployment by bringing in tens of thousands of troops and heavy equipment. According to the Army Chief, India has also made counter-deployments to counter any threat.

Piyush Goyal reiterates that there has been no final decision on the winning bid for Air India.

India

Air India

Air India, which has been losing money since a merger with the former state-run Indian Airlines in 2007-08, had accumulated losses of up to Rs. 70,820 crore as of March 31, 2020.

Tata Sons, the group holding company that owns a majority stake in AirAsia India and controls Jaguar Land Rover, made an offer for Air India earlier this month.

Apple and Disney among companies backing groups against US climate bill

Geo Politics

Despite their own promises to combat the climate crisis, some of America’s most prominent companies, including Apple, Amazon, Microsoft, and Disney, are supporting business groups fighting landmark climate legislation, according to a new analysis.

A slew of corporate lobbying groups and organisations have banded together to oppose Democrats’ proposed $3.5 trillion budget bill, which includes unprecedented measures to reduce greenhouse-gas emissions. Chuck Schumer, the Democratic leader in the US Senate, has called the reconciliation bill “the most significant climate action in our country’s history.”

The new dot com bubble is here: it’s called online advertising

Business

The market is enormous. The amount of money spent on internet advertisements increases year after year. According to the research firm eMarketer, more than $273 billion in digital advertising was spent globally in 2018. The majority of those advertisements were purchased from two companies: Google ($116 billion in 2018) and Facebook ($54.5 billion in 2018).

BharatPe Co-Founder Shashwat Nakrani, a 23yo IIT dropout, is the youngest self-made Indian on the IIFL Wealth Hurun India Rich List 2021.

Business

Shaswat Nakrani

Shashwat Nakrani, then 19, created the BharatPe QR Code in collaboration with Ashneer Grover four years ago today, in 2018. Today, Bharatpe is so successful that Shashwat’s name appears on the IIFL Wealth Hurun India Rich List 2021 as the youngest self-made individual. Nakrani is one of 13 people on the Hurun India Rich List 2021 who were born after 1990.

Archaeologists Just Found A Hidden Neighborhood At The Ancient Mayan City Of Tikal In Guatemala.

Archeology

A hidden mysterious neighborhood (anonymous) at the ancient Mayan city

The long-hidden Tikal neighborhood is a near perfect miniature replica of the citadel at Teotihuacán, located in modern Mexico, which conquered the city in the fourth century.

Archeologists long dismissed the rolling hills near the ancient Mayan city of Tikal as part of the landscape. But cutting-edge technology has revealed a buried neighborhood — one that bears a strong resemblance to Teotihuacán, a powerful Mesoamerican city 750 miles away.This discovery “surprised us mightily,” explained Stephen Houston, an archeologist at Brown University and the lead author of a recent study on the neighborhood. “Very careful maps,” he said, had failed to identify the neighborhood previously.Houston made the discovery alongside Thomas Garrison, an assistant professor of geography at the University of Texas at Austin. By using light detection and ranging software, known as LiDAR, they were able to reveal the outline of the lost neighborhood buried deep beneath the earth.

Cave Explorers Descend Into Yemen’s ‘Well Of Hell’ For The First Time.

Archeology

Male whale tries to attract female whales

Fin whales are basically the Barry White of the ocean. The deep, bellowing songs that males use to attract mates are considered to be the loudest of all marine life and can be “heard up to 1,000 kilometers (600 miles) away,” according to Scientific American. They can also be used to sonically map out the ocean floor thanks to the fact that the sound can reach depths of 2.5 kilometers (1.6 miles) under the water, which bounces back and provides researchers with accurate measurements. Beyond that, a 2021 study in Science showed how using a fin whale’s song can be far more useful and have less of a negative impact on sea life than using a large air gun, which is the typical tool researchers rely on.

Whale songs can be used to map out the ocean floor.

Facts

Male whale tries to attract female whales

Fin whales are basically the Barry White of the ocean. The deep, bellowing songs that males use to attract mates are considered to be the loudest of all marine life and can be “heard up to 1,000 kilometers (600 miles) away,” according to Scientific American. They can also be used to sonically map out the ocean floor thanks to the fact that the sound can reach depths of 2.5 kilometers (1.6 miles) under the water, which bounces back and provides researchers with accurate measurements. Beyond that, a 2021 study in Science showed how using a fin whale’s song can be far more useful and have less of a negative impact on sea life than using a large air gun, which is the typical tool researchers rely on.

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