Asia

Indian BSF unfurls 131-feet-high tricolour at India-Pak border in Jammu
Asia

Indian BSF unfurls 131-feet-high tricolour at India-Pak border in Jammu

On India’s 72nd Republic Day on Tuesday, the Border Security Force (BSF) unfurled a 131-feet-high tricolour along the India-Pakistan border in Jammu district of Indian union territory of Jammu and KashmirInspector General of BSF, Jammu frontier, NS Jamwal hoisted one of the largest national flags along the International Border (IB) at Octroi border outpost (BoP) in the RS Pura belt, the Public Relation Officer (PRO) of BSF Jammu said.“The flag measuring 30×20 feet is the tallest in the Jammu region, flying at a 131-feet-high pole,” BSF officials said.“The IG BSF, before hoisting the tricolour at Octroi, unfurled the national flag at the BSF headquarters in Jammu,” PRO said in a release.“The hoisting of the flag at Octroi was possible because of the sponsorship of the Lupin Foundation, the ...
Indian Embassy in Kathmandu celebrates Republic Day
Asia

Indian Embassy in Kathmandu celebrates Republic Day

On the occasion of India’s 72nd Republic Day on Tuesday, Vinay Mohan Kwatra, Indian Ambassador to Nepal, hoisted the national flag at the Embassy of India in Kathmandu.According to an official statement, the Ambassador felicitated Veer Nari, war widows, and next of kins of deceased soldiers by disbursing their dues worth Rs 3.68 crore and a blanket to each.The embassy also gifted books to 50 libraries and educational institutions spread across all the provinces of Nepal.Kwatra also hosted a reception at India House. Nepal Foreign Minister Pradeep Kumar Gyawali graced the occasion as the Chief Guest, according to the statement.On this occasion, the former Nepal President Ram Baran Yadav launched India-Nepal Alumni Network ‘Sampark’ along with website www.samparkbharatnepal.com.The event was...
IMF projects 11.5% growth rate for India in 2021
Asia

IMF projects 11.5% growth rate for India in 2021

The International Monetary Fund (IMF) on Tuesday projected a strong rebound in the Indian economy with an impressive 11.5 per cent growth rate in 2021.The IMF’s growth projections for India in its latest World Economic Outlook Update released on Tuesday makes India the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.“In its latest update, the IMF projected an 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register a double-digit growth in 2021,” it said. “China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).”The IMF said that in 2020, the Indian economy is estimated to have contracted by eight per cent. China is the only majo...
Hong Kong imposes first lockdown due to surge in covid-19 cases
Asia, USA

Hong Kong imposes first lockdown due to surge in covid-19 cases

The government in Hong Kong has imposed its first COVID-19 lockdown in Jordan, a neighbourhood on the Kowloon Peninsula, after a sudden rise in the number of coronavirus cases.A statement read: The government made a “restriction-testing declaration”, which requires residents from parts of the bustling neighborhood of Jordan to stay in their premises and undergo compulsory testing arranged by the government.Residents will be required to stay at their homes until all the residents are subjected to mandatory testing, which the authorities aim to complete under the time frame of 48 hours.Thousands of Hong Kong residents are affected by the lockdown, said the government’s information office.Wong Kam-sin, Hong Kong’s Secretary for the Environment, said that the water from the pipes of several bu...
J&K: Doda, Ramban districts now ‘terrorism-free’, say police
Asia

J&K: Doda, Ramban districts now ‘terrorism-free’, say police

In the Indian union territory of Jammu and Kashmir (J&K), two out of three districts in Chenab Valley are now free from terrorism, the police said on Thursday."There are three districts in the Chenab Valley. Out of these, Doda and Ramban are now militancy-free while an area in Kishtwar district still has a militancy presence. We are trying our best to make the area militancy-free as soon as possible," said Abdul Jabbar, Deputy Inspector General of Police (DIG) of Doda/Kishtwar/Ramban (DKR) Range.The DIG was in Doda to review the security preparations ahead of the Republic Day celebrations. He remarked that at the present time, there is a very peaceful situation in Chenab Valley."I also had a crime review meeting to check the law and order and state of militancy in the zone," he said, a...
Pakistan should withdraw anti-dumping duty imposed on BOPP from UAE: WTO
Asia

Pakistan should withdraw anti-dumping duty imposed on BOPP from UAE: WTO

Pakistan should withdraw the antidumping duty imposed on Biaxially Oriented Polypropylene Film (BOPP) from the United Arab Emirates, the World Trade Organization (WTO) said in a report.As per the WTO panel issues report regarding Pakistan duties on BOPP film from the UAE, the WTO found that Pakistan’s final determination of 9 April 2015 and sunset review determination of 1 December 2016 is inconsistent with a number of Articles of the Anti-Dumping Agreement.The dispute concerns a challenge to successive anti-dumping duty measures that Pakistan adopted on imports of biaxially oriented polypropylene (BOPP) film from, among other sources, the United Arab Emirates.The WTO report recommended that Pakistan bring its measures into conformity with its obligations under the Anti-Dumping Agreement.I...
China: GDP growth slowest in more than four decades
Asia, China

China: GDP growth slowest in more than four decades

Official data released on Monday has showed that China’s GDP grew at the slowest pace in more than four decades in 2020 after the coronavirus pandemic hit the world.Coronavirus, which has ravaged the world economy, first emerged in central China in 2019. But China also became the first country to bounce back after imposing strict lockdowns and virus control measures.The National Bureau of Statistics (NBS) said last year was a “grave and complex environment both at home and abroad” with the pandemic having a “huge impact”.The 2.3 per cent expansion in 2020 was a marked slowdown from 2019’s revised growth of 6.0 per cent — itself already the lowest in decades — with the country hit by weak domestic demand and trade tensions.In the last three months of 2020, China’s economic rebound continued...
India, Japan sign Memorandum of Cooperation to help promote movement of skilled workers
Asia

India, Japan sign Memorandum of Cooperation to help promote movement of skilled workers

With an aim to promote the movement of skilled workers from India to Japan, a Memorandum of Cooperation (MoC) on “Basic Framework for Partnership” was signed by New Delhi and Tokyo on Monday.The Indian Ministry of External Affairs (MEA) said that the MoC covers 14 categories of specified skills under which skilled workers from India who meet the skills requirement and Japanese language tests would be eligible for employment in Japan on a contractual basis.“Harsh Vardhan Shringla, Foreign Secretary and Suzuki Satoshi, Ambassador of Japan to India, signed a Memorandum of Cooperation (MoC) between the Government of India and Government of Japan on a Basic Framework for Partnership for Proper Operation of the System Pertaining to ‘Specified Skilled Worker (SSW)’ on 18 January 2021 in New Delhi...
At just 50.38% efficacy, China’s covid-19 vaccine far less effective than initially reported
Asia, China

At just 50.38% efficacy, China’s covid-19 vaccine far less effective than initially reported

In a major setback to be the dominant vaccine supplier to developing countries, Brazilian researchers announced that China’s Sinovac vaccine was far less effective than originally touted.According to data made available by Brazil's Butantan Institute, a São Paulo-based public institute, the efficacy of Sinovac’s CoronaVac in a late- stage trials was at just 50.38 percent, nearly 30 percentage points lower than what the initial data showed.The Butantan Institute initially said that late-stage trials had found the CoronaVac vaccine to be between 78 percent and 100 effective.After a number of scientists accused the trial’s organizers of misleading the public, the institute revealed researchers had separated the cases into six categories: asymptomatic, very mild, mild, two levels of moderate, ...
Tejas Aircraft far better than China-Pak JF-17 fighters: Indian Air Force Chief
Asia, China

Tejas Aircraft far better than China-Pak JF-17 fighters: Indian Air Force Chief

Indian Air Force chief RKS Bhadauria on Thursday said that the Indian made light combat aircraft Tejas is far better and advanced than the Chinese-Pakistani JF-17 fighter jets and that the latest Indian jet would be better equipped to carry out Balakot-type airstrikes.The Air Chief said the 83 indigenous fighter jets to be inducted into the force would also be equipped with homegrown weapons such as the Astra beyond visual range air to air missiles and other standoff weapons."Indian aircraft Tejas is far better and advanced than the Chinese and Pakistan joint venture JF-17 fighter," IAF Chief Bhadauria said.The Air Chief further said: "In terms of strike capability, it will have the capability of a standoff weapon which will be even beyond the capability we used that time."Noting the appro...