February 1, 2022
3 mins read

MEDIA SCAN: Indian economy to remain fastest-growing and US blocks Pakistan diplomat over terror link

The World Bank has said India will remain the fastest-growing major economy in the world during 2021-24, while the US has blocked the appointment of the next Pakistan ambassador over possible terror links…writes Joyeeta Basu.

News in brief from South Asia

India

India to remain fastest-growing major economy to 2024, says World Bank: India will remain the fastest-growing major economy in the world during 2021-24, as per the projections of the World Bank, Asian Development Bank, and International Monetary Fund, reports DNA News.

Nirmala Sitharaman tables Union Budget in Parliament: Finance minister Nirmala Sitharaman tabled the Union Budget in Parliament amid expectations that measures would be for boosting growth in the country, reports NDTV.

COVID-19: India today recorded 1,67,059 new Covid cases in the past 24 hours, 20 per cent lower than yesterday’s 2.09 lakh figure. About 1,192 fresh fatalities were also reported in the same time period, reports NDTV.

(Photo Anupam Gautam_IANS)

Ukraine-Russia tensions: India calls for constructive dialogue: India has called for immediate de-escalation on the Ukraine issue in the security interests of all countries after it abstained from a procedural vote in UN Security Council on whether a discussion on the issue was required, reports the Times of India.

Financial news

Current account deficit likely to further widen in second half:  Elevated global commodity prices, higher domestic demand, and growing uncertainty surrounding capital inflows may widen India’s current account deficit further, according to the Economic Survey 2021-22, reports IANS.

Eco Survey: 4.75 crore additional persons joined the workforce in two years: Between 2018 and 2020, about 4.75 crore additional persons joined the workforce in India, which is about three times more than the employment created, according to the Economic Survey reports IANS.

Pakistan

US blocks Pakistan ambassador Masood Khan’s appointment over ‘possible terror links’: The United States has blocked the appointment of the next Pakistan ambassador, Masood Khan, over possible terror links. US Congressman Scott Perry wrote to US President Joe Biden, to reject him as the next ambassador, reports India Today.

Bangladesh

Bangladesh cops get death penalty ex-military officer murder: Bangladesh has sentenced two police officers to death for the murder of a former military major that cast a spotlight on extrajudicial killings by the nation’s security forces, reports Al Zajeera.

Afghanistan

Joe Biden demands Taliban to free last US hostage in Afghanistan: US President Joe Biden has called on the Taliban to “immediately release” the man believed to be its last American hostage, withholding any hope of recognizing the militants’ rule in Afghanistan until he is free, reports NDTV.

Sri Lanka

Nepal vultures get a boost at their own restaurant: Entrepreneur Dhan Bahadur Chaudhary established the country’s first vulture restaurant on the outskirts of Chitwan National Park, with the help of NGO Bird Conservation Nepal to bring back their dwindling population, reports News Click.

On a lighter note…

Karan Johar releases poster of Madhuri Dixit’s new web series: The filmmaker announced Madhuri Dixit’s upcoming web series called The Fame Game. The series will release on February 25.

Sara Ali Khan enjoys snowfall in Kashmir: The actress, along with her brother Ibrahim Ali Khan and her friend is vacationing in Kashmir.  Watch the video below:

Twinkle Khanna gives a glimpse of her ‘maal’ Akshay Kumar: Author Twinkle Khanna is in awe of her husband Akshay Kumar’s looks. She took to Instagram and shared a picture of him from one of their holidays and wrote: Apna maal (our item) Ageing like whiskey in a charred wood barrel. Do you agree?,” reports Mid-day.

ALSO READ: MEDIA SCAN: Pegasus report row explodes at Budget session and Pakistan readies to borrow billions from China

Previous Story

Covid curbs hit housing sector: Economic Survey

Next Story

Budget 2022: Sitharaman hails India’s strong resilience

Latest from -Top News

The UK’s Net Zero Journey

Achieving net zero is not just a technological but also a political and cultural undertaking, writes Hasil Farooque In 2019, the United Kingdom officially committed itself to eradicate all greenhouse gas emissions

Bangladesh’s Dark Side Unveiled in Geneva

Organised by diaspora activists, the exhibit exposed rising rights abuses in Bangladesh post-Hasina…reports Asian Lite News In a bid to spotlight the deteriorating human rights situation and rising persecution of minorities in

India Outpaces Peers in Morgan Stanley Outlook

Global investment firm reaffirms India’s status as top-performing economy in latest growth outlook…reports Asian Lite News India is set to retain its position as the fastest-growing economy among nations tracked by Morgan

Debt deals, austerity still rule Colombo

IMF approves $350 million t ranche as island nation sees early signs of recovery, but challenges persist amid ongoing reforms and rising public discontent….reports Asian Lite News The International Monetary Fund (IMF)

Pakistan misses export target

Pakistan misses export target for 2024-25 despite modest growth, with rising imports widening the trade deficit and prompting urgent cost-cutting measures across key sectors….reports Asian Lite News Pakistan has fallen short of
Go toTop

Don't Miss

India committed to developing Africa’s agriculture sector, says Muraleedharan

Stating that food Security is a common thread which binds

India likely to suspend flight operations to Israel

Indian airlines are altering flight paths for Europe and the