Asian Lite News Archive

Category: India News

  • Fifteenth finance commission concludes deliberations

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    The 15th Finance Commission, headed by N.K. Singh, will submit its report for the financial year 2021-22 to 2025-26 to the President on November 9. In a statement on Friday, the commission said that it has concluded the deliberations on the report. The report was signed by the Chairman and members of the commission, Ajay…

  • Exports to China come to the rescue India’s aluminium sector

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    Indian aluminium manufacturers have exports to thank for offsetting a sharp decline in domestic offtake this fiscal, a Crisil Research report has said . Though on domestic front, primary aluminium is estimated to have plunged 45-50 pet cent on-year in the first quarter following the nationwide and local lockdowns to contain the Covid-19 pandemic, its…

  • Indian Army Chief Due in Nepal to Boost Ties

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    At a time when Nepal-India ties appear to have reached an all-time low due to the boundary dispute starting from November last year, Gen Naravane added a twist in May after India opened a new track linking the Mansarovar to the state of Uttarakhand…reports India Daily Newsdesk In a mission to strengthen defence, security and…

  • SP group seeks split up with the TATAs before the Apex Court

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    Shapoorji Pallonji Group has formally sought separation from Tata in the Supreme Court and argued that Tata Sons is effectively a two-group company. The Tata Group comprises Tata Trusts, Tata family members and Tata companies holding [ 81.6%] of the equity share capital, and the Mistry family owning the balance 18.37%. Tata Sons is a…

  • Q2FY21: One percent rise in Maruti Suzuki’s net profit

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    Automobile major Maruti Suzuki India on Thursday reported a rise of 1 per cent in its net profit for Q2FY21. The profit after tax (PAT) for the quarter under consideration rose to Rs 1,371.6 crore. According to the company, the net profit in second quarter of the previous year FY19-20 was higher due to mark-to-market…

  • ‘Feeling very good’: Kapil Dev

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    A beaming Kapil Dev, India’s first World Cup-winning captain who underwent a successful angioplasty last week, posted a video on Thursday, saying he is “feeling very good”, and yearned to meet his 1983 teammates whom he called “my family”. Kapil, 61, posted the video in an exclusive WhatsApp group of the members of the 1983…

  • Air India Express records highest ever profit

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    Air India’s low-cost international subsidiary Air India Express on Wednesday reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20. The airline had reported a net profit of Rs 169 crore in 2018-19. The airline which started its commercial operations in April 2005, has been reporting net profit continuously for the…

  • India Covid Tally Passes 80L

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    With a fresh spike of 49,881 coronavirus infections and 517 deaths in 24 hours, India’s tally crossed 80 lakh-mark with the total number of cases at 80,40,203, the Union Ministry of Health stated on Thursday. Out of the total Covid-19 cases, 6,03,687 are currently active, 73,15,989 have been discharged, while 1,20,527 lost the battle against…

  • India, UK Ink Pacts To Boost Jobs, Investments

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    The UK and India made agreements on financial services, infrastructure and sustainable finance, helping to boost jobs and investments in both countries…reports Asian Lite Newsdesk The landmark tenth Economic and Financial Dialogue (EFD) between the UK and India saw the UK Chancellor Rishi Sunak and Finance Minister Nirmala Sitharamanmeeting to build further economic ties. Both the…

  • Q2FY21: Hero MotoCorp’s profits up by 9%

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    Two-wheeler major Hero MotoCorp on Wednesday reported a rise of 9 per cent in its net profit on a standalone basis for Q2FY21. The profit after tax (PAT) for the quarter under consideration rose to Rs 953 crore, from Rs 875 crore reported for the corresponding period of the previous fiscal. Besides, the company’s revenue…

  • ‘Need For Personal Mobility Pushing Two Wheeler Demand’

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    Having achieved year-on-year sales growth during the Navratri period, two-wheeler major Honda Motorcycle and Scooter India (HMSI) now expects stable demand to last beyond the festive season. He also consider the rising demand for personal mode of transport as a driving force behind the present hike in sales. Notably, the two-wheeler major has recorded a…

  • NTPC to cut pollution with 50 billion yen JBIC loan

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    In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer on Wednesday entered into foreign currency loan agreement with Japanese financial institution for JPY 50 billion (approx $ 482 million/Rs 3,582 crore). JBIC will provide…

  • India Govt Notifies New Land Laws in J&K

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    In a significant move, the Centre has notified the new Land Laws for Jammu & Kashmir. In a gazette notification, the union home ministry has notified this on Monday. It paved way for any Indian to buy land in the Union Territory (UT) of Jammu & Kashmir. The MHA notified what it calls UT of…

  • India Declares Hizbul Chief Among 18 As Terrorist Under UAPA

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    Acccoridng to Ministry of Home Affairs, Syed Mohammad Yusuf Shah alias Syed Salahudeen, Pakistan based, Supreme Commander of Hizb-ul-Mujahideen and Chairman, United Jihad Council (UJC) Involved in fund raising and routing finances to India for furtherance of terrorist activities by HM cadres…reports Asian Lite News Government has declared 18 more individuals as terrorists under the…

  • India – US Bhai Bhai

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    India and the US on Tuesday reiterated their commitment to maintain a free and open Indo-Pacific region, in a direct challenge to China’s expansionist moves in the South China Sea.…reports Asian Lite Newsdesk In a provocative message to Beijing, US Secretary of State Mike Pompeo has said that Washington will provide any support to India…

  • Flipkart pockets 68% of India’s festive sales

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    Riding on a shopping surge in smaller towns and cities, Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68 per cent of the total sales as the country saw a massive 55 per cent (year-on-year) growth with $4.1 billion (nearly Rs 29,000 crore) goods being sold across e-commerce platforms. This…

  • Building a Great Wall Around China

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    Ahead of the 2+2 dialogue of the Defence and Foreign Ministers, US Secretary of State Mike Pompeo made it plain that talks in New Delhi will look at ways of thwarting the CPC…reports ATUL ANEJA Amid a military standoff with China in Ladakh, India and the United States began a landmark dialogue which will cement…

  • The Pak Plan To Destabilize J&K

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    A top level panel exposes Pakistan’s game plan to destabilize the Jammu and Kashmir …. Reports Asian Lite News Kashmir Policy and Strategy Group organised a webinar on Pakistan Army’s game plan to destabilise the Jammu and Kashmir region and India’s response to stem the efforts. The event was moderated by  noted jurist Ashok Bhan…

  • Anti farm bill agitations hit freight train services in Punjab

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    The indefinite ‘Kisan Rail Roko’ agitation in several parts of Punjab has hurt the movement of freight trains in the several states, including Jammu and Kashmir and Himachal Pradesh thus impacting the economy. According to Northern Railways, the freight movement has been stopped because of uncertainty on farmers agitation. Farmers in Punjab have been agitating…

  • Kapil Dev discharged from hospital

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    India’s first World Cup-winning cricket captain Kapil Dev was on Sunday discharged from the hospital after undergoing a successful angioplasty. He was admitted to the Fortis Escorts Heart Institute in South Delhi after suffering a cardiac arrest last Thursday, following which he had undergone angioplasty surgery as a treatment. Angioplasty is a procedure to restore…

  • Govt further extends GST return filing dates

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    The Centre has given more time to taxpayers in yet another compliance measure as it extended the due date to file GSTR-9 and GSTR 9C for 2018-19 by two more months. The GST annual return in the two forms was to be filed by September 30, 2020 originally which got extended till October 31. Now…

  • India, US likely to sign BECA deal during 2+2 meet

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    Basic Exchange and Cooperation Agreement (BECA) will enable sharing geospatial intelligence and information on maps and satellite images for defence and also have applications in times of disaster to organise relief…reports Arul Louis The Basic Exchange and Cooperation Agreement (BECA), a breakthrough pact for sharing important strategic information, is likely to be signed during the…

  • Climate change: Trump puts blame on India, China, Russia

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    “Look at India, it’s filthy, it’s air is filthy,” Donald Trump said during the debate. That was the only mention of India during a debate that mostly stayed clear of foreign policy and strategic interests…reports Arul Louis US President Donald Trump has described India and its air as “filthy” during the last presidential debate with…

  • NWAMI marks International Integration Day

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    International Integration Day was celebrated and Commonwealth Research Centre was launched by NWAMI recently, marked by speeches and cultural program. Deputy Minister and Chief Whip in the Welsh Government Jane Hutt MS has appreciated NWAMI’s objective of community cohesion and social integration through education and cultural engagement. She underscored the vision and sentiment for Wales…

  • Dr Reddy’s Labs hit by cyber attack as ‘Sputnik’ trials begin

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    One of Indias largest pharma companies, Dr Reddys Laboratories has been hit by a cyber-attack and has isolated its data services. Dr Reddy’s said in a statement, “In the wake of a detected cyber-attack, we have isolated all data center services to take required preventive actions.” The development comes days after the company received approvals…

  • Japan Explores Vietnam, Indonesia As New Indo-Pacific Partners

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    Japanese Prime Minister, Yoshihide Suga’s visit to Vietnam and Indonesia could feed into the emergence a new balance of power in the region, experiencing intense rivalry, between China and the US…writes ATUL ANEJA Just a few days after foreign ministers of the Indo-Pacific Quad comprising India, Australia, Japan and the United States met in Tokyo,…

  • OCT 22 BLACK DAY: Hoardings Across Kashmir Condemn Pakistan

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    The government will set up a museum to showcase history of the raid and atrocities committed by the raiders supported by the Pakistan army…reports Sumit Kumar Singh India will observe October 22 — the day of the raid in 1947 in Jammu and Kashmir — as the ‘Black Day’ to protest against Pakistan’s role in…

  • ‘Option not closed for another stimulus package’

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    Just a week after announcing measures to boost consumer demand and provide liquidity to states, Finance Minister Nirmala Sitharaman on Monday said that the government has not closed the option of coming out with another round of stimulus with a view to support the economy amid the pandemic. Speaking at the virtual launch of the…

  • India, Taiwan Boost Business Ties

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    Taiwan’s deputy foreign minister Tien Chung-kwang said that with the government’s New Southbound Policy, India is a good place for Taiwanese businesses to build production bases, given its democracy, ample human resources and strategically important location….reports ATUL ANEJA Taiwan has launched its “new southbound policy”, which is looking at setting up large scale production bases…

  • Study: Lockdown Improved Air Quality

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    Researchers have found that lockdowns initiated to curb the spread of Covid-19 at the beginning of the pandemic improved air quality, averting tens of thousands of deaths in regions where air pollution has a significant impact on mortality. The study, published in the journal The Lancet Planetary Health, found that particulate matter concentrations in China…

  • Several indicators show ‘V shaped’ recovery: Sitharaman to IMF

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    Finance Minister Nirmala Sitharaman on Thursday said that several economic indicators in India are witnessing a ‘V-shaped’ recovery. In her address at the Plenary Meeting of the International Monetary and Financial Committee (IMFC), the ministerial-level committee of the International Monetary Fund (IMF), through video-conference, Sitharaman outlined the measures undertaken by the Indian government under the…

  • Parul Sharma Captures The ‘Uncomfortable Stillness’

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    She captures frames of the greatest migration since Partition, but what strikes is not the movement but in fact an uncomfortable stillness — not just of the people but the entire city. A post-war capital — abandoned, but still standing tall, unable to come to terms with the new reality…writes Sukant Deepak. In the initial…

  • Sensex down 1,000 points

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    The BSE Sensex slumped over 1,000 points on Thursday breaking its 10 day gaining streak amid selloff across global stock markets. Heavy selling in banking and IT stocks weighed on the domestic indices. Fading hopes of further stimulus in the US subdued the investor sentiments globally. Further resurgence of the novel coronavirus cases globally also…

  • Learnt More From Defeats: Chhetri

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    Sunil Chhetri, captain of the Indian men’s football team, has stated that in life, he has learned more from defeats than victories. “I think in life I have learnt more from defeats. When I’ve won a lot, over a period of time I feel I become complacent,” Chhetri told Indian cricket team skipper Virat Kohli…

  • Amish Tripathi addresses VOICE 10 yr celebs

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    Enlightening and Engaging Interview with Amish Tripathi, Director of Nehru Centre and the award-winning author of 8 books including the Shiva Trilogy, conducted by Ani Kaprekar On 19th September, Manchester based VOICE (Vedic Organisation for Indian Culture and Education) organised an online interview with Amish Tripathi, the newly appointed director of Nehru Centre and a…

  • Infosys posts whopping 20.55% rise in profits

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    IT major Infosys on Wednesday reported a 20.55 per cent increase in its consolidated net profit for the July-September quarter, on a year-on-year basis, at Rs 4,845 crore. During the corresponding period of the last financial year, Infosys had reported a consolidated net profit of Rs 4,019 crore. The company’s total revenue from operations stood…

  • IMF Foresees Steep Fall And Rise For India’s GDP

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    With the coronavirus pandemic still to be contained and the central government’s stimulus measures having limited impact on economic activities and consumer demand, the outlook for the Indian economy for the current financial year has only worsened. In its latest global outlook, the International Monetary Fund (IMF) predicts that India’s GDP will contract by 10.3…

  • Jnanpith Laureate Akkitham Passes Away

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    Jnanpith awardee and poet Akkitham Achuthan Namboothiri died on Thursday morning. The 94-year-old poet had been under treatment for age-related ailments at a private hospital in Thrissur. He is from Palakkad district. Akkitham Achuthan Namboothiri is popularly known as Akkitham. As a notable poet and essayist in Malayalam, he has penned over 46 books including…

  • OBIT: Dr. K Sobha Naidu – The Legend and The Legacy

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    An outstanding dancer who has had tutelage under renowned Guru Padma Bhushan Dr. Sri Vempati Chinna Satyam, she created more than 100 solo choreographies, and more than 25 exceptional Kuchipudi ballets…writes Ragasudha Vinjamuri. Eminent dancer Padmasri Dr. K Sobha Naidu left the dancing fraternity in dismay as she departed for heavenly abode in the early…

  • India Set To Be A Top Investment Choice: Survey

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    India will emerge as one of the top three choices for overseas investments in the next 2-3 years, a CII-EY FDI survey report showed on Tuesday. According to the survey, India is the first choice for future investments for more than two-thirds of the MNC respondents. The survey also showed that 25 per cent of…

  • Odisha To Sponsor Rugby India

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    Government of Odisha and Indian Rugby Football Union (IRFU) signed an agreement, today, to sponsor the Indian national rugby teams for the next three years …. Reports Asian Lite News Indian rugby gets a booster dose as the Government of Odisha has agreed to sponsor the Indian national rugby teams for the next three years.…

  • India Inc skeptical of govt’s plan to push festive demand

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    As the Finance Minister Nirmala Sitharaman has announced a couple of demand boosting measures along with loans to states for increasing capital expenditure after a lot of anticipation, concerns have again been raised over the adequacy and effectiveness of the measures. As per stock brokerages, the latest demand-moving measures are insufficient and the results are…

  • Delhi Film Fraternity In Dilemma

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    With Delhi Disaster Management Authority (DDMA) issuing an order that cinema exhibition in the Capital will not resume on October 15, despite a Union home ministry directive, things are back to square one for the city’s film trade…writes Natalia Ningthoujam. For now, closure of all cinema exhibition has been extended till October 31 in Delhi.…

  • India’s average daily cases declining for five weeks

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    India’s tally on Tuesday mounted to 71,75,880 with a spike of 55,342 coronavirus cases, the lowest since August. India recorded around 55,000 cases on July 31 (55,078), August 4 (52,050) and August 18 (55,079). India is showing a trend of declining average daily cases over the past five weeks. After a month, on October 9,…

  • Newspapers Still The Authentic Source Of Info

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    Amid the present crisis of pandemic, several studies found that the industry of newspaper is on the verge of collapse. But the fact is, people still rely on newspapers to get authentic information. More than two thirds or 66.5 per cent of respondents said that the newspaper is still the most important source of information,…

  • Desi Raag: A Musical Tribute To Indian Soldiers

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    Desi Raag, like any other patriotic song tells us the story of struggles our country had gone through to open the door of freedom and let the air of joy blow on us. Songs in general can create unique emotions in you but songs of patriotism can make you overwhelmed with all those emotions ….…

  • Razorpay becomes newest addition to Indian Unicorn Club

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    Full-stack financial solutions company Razorpay has raised $100 million in its Series D round of funding, making it another Indian unicorn with over $1 billion in valuation, joining the big startup-turned-unicorn league of BYJU’s, Swiggy, Zomato, Paytm and more. The round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation…

  • IIW Celebrates Hindi Diwas with Women Poets and Kids Show

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    Inspiring Indian Women (IIW) and Hindi Shiksha Parishad UK celebrated Hindi Diwas supported by High Commission of India UK. The event was attended by Mr Ravi Shankar Attache Political, Ms Shashi Mathur, Ms Sunitaa and Ms Parveen Rani. 14 th September marked the celebration of Hindi Diwas all over the world and London was no…

  • Religious fests to fuel India Corona cases

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    “No religion or God says that you have to celebrate in an ostentatious way; that you have to visit pandals and temples and mosques to pray,” India’s Health Minister Harsh Vardhan stated…reports Asian Lite Newsdesk As festivities are around the corner, Union Health Minister Harsh Vardhan has requested people to not adhere to complacency amid…

  • Infiltration incidents down in Kashmir

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    Army’s 15 Corps General Officer Commanding Lt Gen BS Raju on Saturday said that less than 30 infiltrators had managed to enter the Kashmir Valley from across the borders and LoC with Pakistan this year as against 130 during the same period last year. “This year, we have stopped infiltration to a large extent. Last…