Culture

BJP credits PM Modi for economic growth — International Monetary Fund forecast

BJP credits PM Modi for economic growth — International Monetary Fund forecast”

India is working toward a five trillion dollar economy by 2025, Prime Minister Narendra Modi said today at the opening session of the World Economic Forum in Davos, as he courted global investors to Asia's third largest economy.

Indian prime minister Narendra Modi shied away from domestic issues in his keynote speech in Davos, instead issuing a call for global leaders to "eliminate rifts" that pose social and even nuclear risks.

President Donald Trump reportedly often imitates Indian Prime Minister Narendra Modi's accent - but according to The Washington Post, some of the prime minister's recent comments have changed Trump's entire outlook on how the world views USA policy. "It is the result of the Modi Mantra of reform, perform and transform that the International Monetary Fund is calling us a bright spot", Patra said.

At the Paris climate talks in 2017, the United States under Obama administration had promised $3 billion in aid to developing countries to combat climate change but little has come so far. Trump ridiculed the Paris Climate Accord saying, Pittsburgh elected me not Paris.

On Monday, Trump approved the tariffs in a bid to help domestic manufacturers.

Trump has quite often accused the Post of being "fake news". "All the employees in the US finally".

He said: "We will need to see how it impacts global trade, how other trading blocs react to that, but I remain optimistic".

More news: Democrats Cave, Shutdown to End

Stock markets around the world are flying high amid a synchronized global upturn but a leading USA investor is warning of a potential "reckoning". "Growth in the global supply chain has also stopped". "Tweeting was done by birds at that time and not by humans", he said. The economy of the country is growing due to structural reforms.

The World Economic Forum officially gets underway Tuesday with Indian leader Narendra Modi delivering the keynote speech.

Modi said climate change was a major threat to the world, yet the world had failed to come together to tackle it. Trump is due to speak Friday, though the US government shutdown has put his presence in doubt.

Thanking Mr. Modi, the Swiss President said he would continue to strengthen "our relations" with India.

A year ago, Xi, speaking days before Trump was inaugurated, staked out China's position as the world's economic powerhouse, promising a greater openness to globalization.

Canadian Prime Minister Justin Trudeau will make an official visit to India from February 17 to 23, both the ministry of external affairs and the Canadian Embassy announced in separate statements.



Like this

loading...
loading...

Latest


23 January 2018
Nomura Increases Vipshop (VIPS) Price Target to $19.00
Vontobel Asset Management Inc. owned about 0.08% of Vipshop Holdings Limited worth $4,650,000 as of its most recent SEC filing. Vipshop Holdings Limited shares increased 16.96 percent over the past week and rose 35.57 percent over the previous month.

23 January 2018
1 killed, 7 taken to hospitals after Kentucky high school shooting
Agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) are at the scene to assist, the agency tweeted . The shooter was apprehended by a Marshall County sheriff's deputy and the scene is secure, police say.

23 January 2018
Sanchez joins Man Utd from Arsenal in swap deal with Mkhitaryan
United now sit second in the league with 53 points after 24 games, but are still 12 points behind rivals and runaway leaders Manchester City .

23 January 2018
Panel wants stepped-up fight against deadly deer illness
The commission assembled experts from around the U.S.to review the latest science and management developments on the disease. It is the county's first confirmed case of the fatal, infectious brain disease.

23 January 2018
Natalie Portman Speaks Out About Sexual Exploitation At The Women's March
Members of the group Missing and Murdered Indigenous Women of Seattle burned sage and chanted in front of Seattle's rainy march. A survivor of sexual abuse, Davis referenced the women who fear joining the #MeToo movement against sexual assault .

23 January 2018
Has $117.76 Million Position in Comcast Co. (CMCSA)
The stock of Comcast Corporation (NASDAQ: CMCSA ) has "Overweight" rating given on Wednesday, February 22 by Barclays Capital. Moreover, Parallax Volatility Advisers Limited Partnership has 0.03% invested in Comcast Corporation (NASDAQ: CMCSA ).

23 January 2018
Celgene (CELG) PT Set at $112.00 by Cantor Fitzgerald
RBC Capital Markets has "Hold" rating and $6200 target. (NYSE:COTY) has "Buy" rating given on Monday, August 17 by Deutsche Bank. Finally, NorthCoast Asset Management LLC bought a new stake in shares of Celgene during the 3rd quarter valued at $18,062,000.

23 January 2018
Stocks Luring Investors with Juicy Performance Figures: Kinder Morgan, Inc. (NYSE:KMI)
Several other institutional investors have also sold shares of the company. 112 funds opened positions while 408 raised stakes. Wells Fargo & Co reiterated a "market perform" rating on shares of Kinder Morgan in a research note on Thursday, January 11th.

23 January 2018
Sainsbury's puts thousands of jobs at risk with staff overhaul
Staff will be given the choice of applying for the new roles, accepting a more junior position or face redundancy consultation. SAINSBURY's has announced plans to shake up its management, putting thousands of jobs at risk in the process.

23 January 2018
US Senate Passes Measure to Reopen Government Through February 8
Senators", activist Cristina Jimenez, executive director of group United We Dream said in an emailed statement . White House press secretary Sarah Sanders predicted that operations would return to normal by Tuesday morning.