Breaking News Emails Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE Dec. 1, 2018 / 1:42 PM GMT By Jonathan AllenBUENOS AIRES, Argentina - America once advocated for a "new world order." Now, it seems to prefer no world order. The transformation took nearly 30 years,…
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According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.
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FIFA has included several established referees in the 25-man nomination list for the World Cup in Brazil, including Howard Webb of England and Pedro Proenca of Portugal.
Tehran, YJC. --2014 World Cup Draw finished and many believe that Lionel Andrés "Leo" Messi From Argentine who serves as the captain of his country's national football team released a sigh.
The most important PM of the world is coming", is how Prime Minister Narendra Modi's forthcoming visit to Israel, the first by an Indian premier, is described in an article in one of the leading Israeli business daily.
Business daily 'The Marker' in a feature story in its Hebrew edition discussing Indo-Israel ties says that Israelis had set up huge expectations from US President Donald Trump's visit to the Jewish state but "he didn't say much" while Modi, a leader of 1.25 billion people enjoying massive popularity and representing one of the fastest growing economies of the world deserves a lot of attention.
Google CEO Sundar Pichai is presently visiting India. Though his tour is reported to be personel, Sundar is also going to host an occasion in New Delhi on January 4
London: Zlatan Ibrahimovic's enduring predatory instincts reclaimed Manchester United on Wednesday, seizing a late chance to secure a 2-1 ending at Crystal Palace together with his thirteenth goal of the season. World News
World News: US President-elect Donald Trump chose Exxon Mobil's CEO Rex Tillerson to head the State Department, rejecting concerns over the close relations of the businessman with Russia. Trump's decision cap a long process that has often played in public cracks and exposed within its transition team. He also puts Trump in place for a potential fight with Congress on Tillerson's confirmation, which has connections with Russian President Vladimir Putin.
The delay in catching up with the world on 3G and 4G, the Telecom Secretary, J S Deepak says, will not be repeated for 5G. "It has a wider application for the industry including smart cities and management of grids. So we are keen to be with the world," he explained, stating that 5G is going to be important for India's productivity. South Korea is poised to introduce 5G by 2018, the year it is hosting the Winter Olympics.