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In a surprise revelation, a Chinese daily Global Times rang an alarm bell of a threat to Chinese manufacturing due to Make in India drive. It portended loss of job opportunities in China owing to Make in India drive. The recent decision of Chinese largest telecom company Huawei Technologies Co Ltd to set up smart phone manufacturing plant in India irked the Chinese daily. It beaconed that China would be losing competitive edge as global workshop and forecasted India to be on the way to become the world’s new hub for manufacturing. It is irony that while a foreign media, and particularly a Chinese media, lauded the Make in India drive, the domestic media and think tanks are embroiled in dichotomy.

The monetary policy of the new governor of the Reserve Bank of India turned out to be a kind of a damp squib. One really missed the flair of the immediate past governor, Raghuram Rajan. There was no free-wheeling discussion or an opening tour de force statement.

India’s surgical operation in Pakistan occupied Kashmir has boosted the personal image of the Prime Minister, Narendra Modi, but it has also given rise to controversy about the real intention of Modi and his government in over playing this sensitive issue.

BHOPAL: Madhya Pradesh Government is now determined to launch yet another bid to attract investors, entrepreneurs, corporate partners, and venture capitalists to its fifth annual Global Investor Summit scheduled in Indore on October 22 and 23, 2016. The theme of the summit would be 'Make in Madhya Pradesh'. The summit will unveil a more liberal and favourable investment policy, hoping the response will be better. The conference will host a large number of presentations from different departments to build the next generation of tech and infrastructure giants in the State.

NEW DELHI: With less than a week left for the holding of the India-Russia bilateral summit at Goa on October 15 coinciding with the BRICS meeting, hectic negotiations are on to open up a new chapter in energy relationship between India and Russia taking into account the potential of both the economies. Prime Minister Narendra Modi is understood to have given green signal to the long pending Russian proposal for an energy bridge between two countries comprising among others the setting up of a gas supply pipeline.

The newly constituted Monetary Policy Committee (MPC) at its first meeting has announced a repo rate cut, from 6.5 to 6.25 per cent, to facilitate revival of credit to productive sectors with improving growth prospects post a normal monsoon.

The Modi Government looks set to improve upon its mixed record in growth and reform thus far, as the economy enters the crucial second half of fiscal 2017, gaining from a good monsoon and outcomes awaited from a set of effective policy actions taken.

For the Pakistan army, India’s “surgical strikes” on the jehadi camps across the Line of Control (LoC) have proved its longstanding contention about an existential threat from India.

A suo moto Public Interest litigation taking cognizance of the accidents caused by the vertical gap between the floor of the coach and the platform surface by the Bombay High Court in January 2014, forced the Indian Railways to raise the requisite heights of all the sub-urban services platforms on Central and Western Railways for a better safety of commuters in Mumbai. According to official information, there are 273 platforms on Central Railway and 145 platforms on Western Railway in Mumbai. In the first phase, as against the target fixed by the Bombay High Court for completion of 83 platforms on Central Railway and 145 platforms on Western Railway to be raised by May 2016, the height of only 50.87 per cent of platforms has been raised, which goes against the directions of the High Court, showing inability of the two zonal railways to implement.

BHOPAL: Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh, visited London with the objective to woo British industrialists to invest in India. A few days back he undertook extensive visit of the U.S.A. According to a government spokesman, during his London visit among others he met also the liquor barons in order to explore the possibility of setting up their liquor manufacturing units in Madhya Pradesh.