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Many of my friends in the US, even the ones I consider well educated and reasonable in their views, have turned dejected with the social and political discourse in their country. Some have even remarked to me that they expect a ‘civil war’ in their country sometime soon. I do not believe this is the case; nonetheless, there are two salient contributing factors which I will discuss here: one is technological change, and the other, demographic change.

Days after a teacher in Uttar Pradesh’s Muzaffarnagar was caught on camera urging her students to hit their Muslim classmate, a teacher in Karnataka’s Shivamogga asked two Muslim students to “go to Pakistan." In the former case, the child had forgotten tables of multiplication, apparently, but the authority figure in class thought it fit to bring up his nominal faith. In the latter, the country named left no doubt over the sentiment of rejection behind the words. Together, both tell us how casually bigotry has invaded our classrooms.

demonetization, contracted by 7% as a result of a poorly executed pandemic lockdown, making it one of the world’s worst-performing economies. As a result, from 2020 to 2023, India’s average annual growth turned out to be less than 4%, which is not bad for a phase of global economic turmoil, but far less impressive than recent figures suggests, let alone slogans and headlines. Furthermore, the benefits of this growth are going almost entirely to the rich.

Nigeria's President Bola Tinubu left for India on Monday to attend this year's G20 summit, as his country considers joining the bloc of major world economies, presidential spokesperson Ajuri Ngelale said. Indian Prime Minister Narendra Modi extended a special invitation to Tinubu, as Nigeria's membership is under consideration. «While Nigeria's membership of the G-20 is desirable, the government has embarked on wide-ranging consultations with a view to ascertaining the benefits and risks of membership,» Ngelale said in a statement. The G20 brings together 19 countries and the European Union, with India currently holding its presidency, which rotates annually among the members.

debt levels and bring them closer to the Fiscal Responsibility and Budget Management goal of 20%, a recent study by economists at Bank of Baroda stated. The study suggested debt to GDP ratio at 25% as a short-term goal and the interest to revenue receipts ratio targeted at around 15%. “This can be a good beginning with roadmaps drawn up for various states,” the research stated. Four states will allocate more than 15% of their revenue towards interest payments in FY24, with Punjab contributing nearly a quarter of its revenue to interest payments, the research found. The study, analysing budget data for FY24 for 27 states, pointed that only three states in the country were closer to their FRBM target of 20% debt to Gross State Domestic Product ratio, whereas 15 were over 30%. “The problem is that when debt levels are high interest payments increase, which strains the revenue budget,” said Madan Sabnavis, chief economist, Bank of Baroda. While the study placed Odisha as the best state having controlled its debt, fiscal deficit and interest payment levels. It placed Punjab as the worst, with high levels of debt, fiscal deficit, interest payment ratios and outstanding guarantees. “Himachal Pradesh is however more vulnerable as the debt servicing ratio is high.

Planet A conditions. For them, there is no need for Planet B. For those tired of negotiating with the hardships that Planet A presents and represents, however, Planet Bs do exist in the form of a better life in 'first world' countries.

By Karin Strohecker and Vincent Flasseur

Mercado Libre (NASDAQ:MELI), a renowned name in Latin American e-commerce and financial services, has not only gained global recognition but also fiercely competes with industry giants like Amazon (NASDAQ:AMZN) and Alibaba (NYSE:BABA).

NEW DELHI : The government will examine the quantifiable implications of the monsoon shortfall, and the impact on rural consumption and demand, Chief Economic Advisor to the government, V. Anantha Nageswaran said in an interview. Nageswaran also said supply-side measures taken by the government to tame inflation will see success in the medium to long term.

In a major reshuffle, the UK’s Opposition Labour Party leader Sir Keir Starmer on Monday demoted Indian-origin shadow ministers Lisa Nandy and Preet Kaur Gill among others. Nandy, the member of Parliament for Wigan and daughter of Dipak Nandy – a Kolkata-born academic well-known for his work in the field of race relations in Britain, was removed as a shadow secretary of state and handed an international development ministerial post, which was previously held by Gill. Gill is the first British Sikh female member of Parliament in the House of Commons.

Indian Army troops in Egypt exchanged techniques and shared expertise with the other participating troops during Exercise Bright Star-23. Additional Directorate General of Public Information, IHQ of MoD (Army) informed about the troop's participation in the exercise in a tweet. They took to their social media 'X' and said, «Exercise #BrightStar 2023 #IndianArmy troops in action during Exercise #BrightStar 2023 in #Egypt. Exchange of techniques & sharing of expertise was undertaken by participating troops.

Exactly 10 years ago, I joined 136 people from 43 countries at a naturalization ceremony in a courtroom in downtown New York to proclaim our allegiance to the country that had embraced us as its own. Overcome by the emotional charge of the occasion, we struggled to keep our voices steady — and our eyes dry. Even Janet Napolitano, administering her final oath as secretary of homeland security, teared up as she welcomed us as “my fellow citizens.” I was flanked by a young woman from Ukraine and a middle-aged man from Peru; she worked on Wall Street, and he was a cab driver. As we told each other of the journeys that had brought us to that magical moment, her English was heavily accented; his was liberally interspersed with Spanish. At one point, we talked about what had been the final hurdle on the path: The citizenship tests. She’d found the civics quiz quite stressful; he, like me, thought it had been easy-peasy. We didn’t talk about the other test — the one that judged our English skills. More than likely, the US Citizenship and Immigration Services officers who had interviewed us skipped over that part of the process in order to move things along. In my case, the examining officer had said something along the lines of, “You’ve made it this far. There’s no need to waste our time on this.” The Biden administration, which is proposing to make the English test harder, apparently does not understand what my USCIS examiner had come to recognize, from some combination of intuition and experience: If you want to be an American and have lived in this country long enough to qualify, then a language test is entirely redundant.

DGFT on Monday said it has suggested banking and financial institutions to extend pre- and post-shipment export credit in foreign currency to e-commerce exporters based on the guidelines of the RBI.

Russian President Vladimir Putin says that a landmark deal allowing Ukraine to export grain safely through the Black Sea amid the war won’t be restored until the West meets Moscow’s demands on its own agricultural exports

Ecuador's location is increasingly putting it at the confluence of two global trades: bananas and cocaine

The era of France’s arm-twisting interventionism in Africa may finally be over

Japanese Prime Minister Fumio Kishida has announced a $141 million emergency fund to help exporters hit by a ban on Japanese seafood imposed by China in response to the release of treated radioactive wastewater from the damaged Fukushima nuclear power ...

Pakistani traders have staged strikes across the country against the soaring cost of living, including higher fuel and utility bills and record depreciation of the rupee against the dollar

When Congress returns this week, Homeland Security officials and those in the chemical industries will be watching to see if a program regulating the chemical sector will be on its agenda

New Delhi has gotten a makeover ahead of this week’s summit of the Group of 20 nations

The first African Climate Summit is opening with heads of state and others asserting a stronger voice on a global issue that affects the continent of 1.3 billion people the most, even though they contribute to it the least