In an about-turn from the economic liberalisation days of 1991 when India shipped out gold and pledged it overseas to avert a looming financial crisis, the country has now shipped in a little over 100 tonnes of its gold reserves held in the UK.
S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that it expects continuity in economic reforms and fiscal policies regardless of the Lok Sabha election outcome.
Calling for reforms in the United Nations Security Council, Kazakhstan President Kassym-Jomart Tokayev has said that it is the need of the hour to update the multilateral institutions to rebuild their credibility.
Amid the ongoing reforms of the Defence Research and Development Organisation (DRDO), the Centre on Monday granted a one-year service extension to the research agency's chief, Dr Samir V Kamat.
Pitching for the formation of a "double-engine government" in Odisha, Union Minister and Sambalpur Lok Sabha BJP candidate Dharmendra Pradhan on Monday criticized the incumbent Biju Janata Dal (BJD) for failing to meet basic public needs despite 24 years of its governance in the state.
The government is committed to harnessing cutting-edge technology, enhancing transparency, and pursuing ongoing reforms to lay a strong foundation for a Viksit Bharat, said Union finance minister and BJP leader Nirmala Sitharaman, amidst the Lok Sabha polls.
Delving into India's approach to the uncertain world shaped by its broadening horizons, widening interests and reformist agenda, External Affairs Minister, S Jaishankar underlined the importance of cooperation and coordination amongst countries, particularly in Asia.
In a statement, the IMF disclosed that discussions with Pakistani authorities were successfully concluded on Thursday, marking the culmination of deliberations initiated by an IMF team led by mission chief Nathan Porter upon their arrival in Pakistan on May 13.
The Election Commission of India on Wednesday filed an affidavit in the Supreme Court saying disclosure of voter turnout data based on Form 17C (records of votes polled in each polling station) will cause confusion among voters as it will also include postal ballot counts.
The government had set up a committee with retired military officers and industry experts under a top scientist to suggest reforms in the structure of the research agency to make it more output oriented and to promote defence industrial and technological base in the country.
As India braces for the outcome of the upcoming elections, the focus shifts towards the crucial reforms by the NDA government if it secures a third term.