When it comes to the coronavirus, the country s situation is bad. Going forward, we might overtake America, Siddaramaiah said during a meeting of senior Congress leaders to discuss a strategy on attacking the BJP government in the state and centre. The government isn t spending even 1% of the GDP to contain the virus. The Congress has repeatedly attacked the BS Yediyurappa administration in the state on its handling of the Covid 19 pandemic and the humanitarian crisis brought about by the lockdown. Both governments at the state and centre have failed. By not providing sufficient funds to manage the situation, both governments have cheated citizens, Siddaramaiah said.
Where are the UK economy and financial markets going? If you are left cold by the usual media headlines and consensus views and really want to know, then read Anatomy of economy on lockdown life support our first of five Fixed Income Research amp; Macro Strategy (FIRMS) reports produced by Olivier Desbarres.This is a deep dive on what has been driving UK economy and markets. It summarises the implications for retail sales, consumption, investment, savings, lending borrowing, inbound outbound tourism, headline GDP, labour market, fiscal policy (including tax rates and public spending), Bank of England monetary policy (inc QE), Sterling and interest rates in the short and medium term.
The State Council issued the decision today, affirming the data watchdog CNIL;s earlier finding that Google did not provide ;sufficiently clear; information to Android users #8212; which in turn meant it had not legally obtained their consent to use their data for targeted ads. "Google s request has been rejected, " a spokesperson for the Conseil D 'Etat confirmed to TechCrunch via email.
But this is particularly true for LGBT employees. A lot of progress has been made in addressing issues of gender diversity throughout our industry, but there is little evidence to suggest similar progress in addressing poor LGBT representation. In construction, no company has appeared in Stonewall s top 100 LGBT inclusive list for the last twelve years, despite the industry being one of the biggest contributors to UK GDP. And while the property sector has made some improvements in making the industry a better environment for LGBT staff, there is still a clear lack of diversity within senior teams.Being a diverse and inclusive employer is better for business. According to management consultants McKinsey, companies in the top quartile for diversity outperform their competitors by 15%. In terms of the planning sector, we also need to ensure our teams are representative of the diverse range of communities we act on behalf of, if we are to truly understand their challenges and deliver meaningful social values.
In his usual 8 pm prime time slot, Modi announced a package of Rs 20 lakh crore ten percent of the GDP as a stimulus for a near comatose economy.If the number was large and grand, the prosaic details with all the devils entailed were left to others in Team Modi to announce. Finance Minister Nirmala Sitharaman will begin revealing the components of the financial package this afternoon. A series of pressers are reportedly planned for her.
Facebook Share to TwitterTwitterTwitter Share to LinkedInLinkedInLinkedIn Share to WhatsAppWhatsAppWhatsApp Share to MessengerMessengerMessenger Share to TelegramTelegramTelegram By Author TelanganaToday Ravindar Mukkaala Published: 7th May 2020 11:55 pm Mahatma Gandhi said movement is the sign of life. Public transport is the life rendering nerve for economic development and social integration. It is essential for progress and will continue to be essential for mankind to move forward.Road transport has emerged as the most dominant segment in the country s overall transport sector, contributing approximately 3.5% to the GDP and accounting for 80% of passenger and 60% of goods transport. It generates employment for approximately 440 million people. Though availability and adaptability are the positive attributes of road transport, affordability to a vast majority of the population is the beauty of public transport in our country.
According to projections from the group, which advocates for lowering the federal debt, the deficit for fiscal 2020 will exceed $3.8 trillion, more than 2.5 times the record set during the Great Recession.The annual deficit, the amount the government has to borrow to pay its bills, adds to the overall accumulated debt the government must eventually pay off.
Forza Motorsport 7 (2017)If they ever invented racing game Top Trumps, Forza Motorsport 7 would be the all conquering card you d covertly sneak into your own hand when you were shuffling the deck. You simply can t argue with the numbers in FM7 over 800 cars from 99 manufacturers and 30 circuits on which to stretch their legs. If your favourites aren t in here, have you checked you re not into horse racing instead?As befitting of a game with a production budget that would match the GDP of a small country, Forza 7 is also visually stunning. This semi sim pushes current top end Xbox hardware to its absolute limits with its silky 60 frames per second motion and crisp 4K visuals. It s like a spa weekend for your eyeballs.
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DiplomacyTrade8 hours agoPrime Minister Narendra Modi has said his conscience, as guided by Gandhiji s talisman , does not allow him to sign the Regional Economic Cooperation Agreement (RCEP), the largest free trade block covering 50% of the world population and over one third the size of global GDP and trade.
Finance Minister Nirmala Sitharaman today announced a number of measures to boost the housing and export sector. This includes a 10,000 crore special window to extend funding to incomplete housing projects. The announcements come as the Indian economy is grappling with a sharp slowdown. In the most recent quarter, GDP growth slowed to a six year low of 5%. Many sectors like auto and real estate are grappling with a sharp slowdown in demand. In recent weeks, the government has announced a slew of measures, including front loading of public expenditure, and improved access to credit for businesses and capital infusion into state run banks to boost credit.The government had also eased foreign direct investment (FDI) rules in many sectors to get economic growth back on track.
This year, Brave is presenting new evidence that Google may be knowingly defying GDPR. The search giant allegedly uses a clever way to track its users while keeping the appearance that everything is in compliance with the European privacy laws. It turns out that Google is now under investigation by the Irish Data Protection Commission for possible GDPR violations as a result of Brave's complaint last year.Brave's Chief Policy amp; Industry Relations Officer, Johnny Ryan gathered the evidence by using Google s real time bidding ad system, Authorized Buyers also known as DoubleClick. Google says it prevents many companies from using it to combine the profiles they receive about their visitors and that it no longer shares "pseudonymous identifiers that could help these companies more easily identify an individual."
When a 16 year old girl who has avowed air travel has to cross the Atlantic in a solar powered race boat to speak at a conference on climate change while the Amazon rainforests are still burning in evidence to everything she has argued at the highest public forums, it is evident that the adults in the room are not doing enough. The "war on nature must end", Greta Thunberg appealed as she reached the shores of America. But just over the last few years, Bolsonaro in Brazil has allowed deforestation to take place unchecked under his watch while the Trump administration has been handing out leases of public land and waters for oil and gas drilling that are estimated to produce more carbon emissions than the entire European Union does in a year. In the face of the world's biggest crisis, a few world leaders seem to be moving in the opposite direction in denial. The myopic economic interests of countries have clearly taken precedence over the global environmental concerns regarding climate change. Nevertheless, the impact of the climate crisis has not been more evident than today through the unpredictable weather conditions and changing trends in climate, melting glaciers, rising sea levels, as well as ocean acidification. Warming temperatures triggered by greenhouse gas emissions have increased the frequency and intensity of floods, droughts and storms across countries and regions. However, the consequent environmental degradation does not have a uniform impact on countries with varying levels of economic development. A recently published study by researchers from the Stanford University has found that between 1961 and 2010, the poor countries with lowest carbon emissions suffered bigger losses as compared to wealthy countries with highest emissions. The study emphasized that most poor countries of the world are poorer, and the rich countries are richer due to the impact of global warming. The ratio between incomes of the richest 10 per cent and the poorest 10 per cent of the global population has been estimated to be 25 per cent more than it would have been during that time period otherwise. A similar impact has been observed within countries where people who are least responsible for the climate crisis are the most vulnerable to the risks associated with it. The local communities living in rural parts of developing countries (that are already at a disadvantage) are directly affected due to the consequent impact on agricultural production, water availability, industry and human health. As a result of rising inequality among and within countries, India's GDP is estimated to be 31 per cent lower than it would have been without climate change. By contrast, the GDP of Canada and EU are 32 per cent and 9.5 per cent higher respectively. These findings further the ongoing debate on the division of responsibility for causing climate change and its mitigation. Historically, developed countries have had a major contribution to the greenhouse gas emissions which makes it imperative for them to lead the fight against climate change and its adverse effects. The fact that their development which caused climate change muted the growth prospects of the next wave of developing countries puts additional onus on the developed economies to make efforts to address the crisis. Given that all countries continue with their efforts to promote an ecosystem of sustainable production and consumption, the developed countries should not only take responsibility for their own actions, but also compensate for their negative contribution of the past. In 2015, the Global Climate Fund was created with the objective to support the efforts of developing countries to tackle climate change through investments in the form of grants, loans, equity and guarantees. In addition to financial assistance, transfer of green and clean technologies to the low income countries could further stimulate their transition to become green economies. Thus, a comprehensive action plan should be advanced to encourage adoption of sustainable alternatives by providing fiscal incentives, regulatory support for resource incentive sectors and building of climate resilient infrastructure in developing countries. Stringent laws regarding green subsidies and carbon taxes levied on traded goods and services could initiate the establishment of carbon free markets. Green innovation through investment in research and technology could also play a key role to find global solutions to the global issue of climate change. Therefore, global value chains based on cooperation and coordination have the capacity to enhance productivity through innovation driven production processes. International forums and bilateral trade agreements should also focus on enabling the transfer of environmentally sound technologies for renewable sources of energy, water conservation and waste management from developed to developing countries. Lastly, since leaders like Trump and Bolsonaro cannot be expected to alter their stance on climate change, currently it is only the people who need to do their part by changing dietary habits, for instance, until the developed world can lead by example. (Amit Kapoor is chair, Institute for Competitiveness. He can be contacted at firstname.lastname@example.org and tweets @kautiliya. Saloni Bhatia, researcher, Institute for Competitiveness, has contributed to the article. The views expressed are of the authors)
In combining efforts, Jio and Microsoft aim to enhance the adoption of leading technologies like data analytics, AI, cognitive services, blockchain, Internet of Things, and edge computing among small and medium enterprises to make them ready to compete and grow, while helping accelerate technology led GDP growth in India and driving adoption of next gen technology solutions at scale.As part of this new agreement: