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The abrupt announcement by RBI, withdrawing all Rs 2,000 notes from circulation, seems to have much more than what meets the eye. Going by the explanations provided so far, it is increasingly clear that there is plenty of room for the regulator to be more forthcoming on the decision.

United Nations declared in Mid-April this year that India has become the most populous country overtaking China at 1.43 billion. Can it do the same with regard to GDP to become second largest economy in the world? On the face of it, the proposition seems difficult in the next few decades as China is the second largest economy in the world at over $18.5 trillion as against United States’ nearly $25.5 trillion. There have however been suspicion for quite some time that Chinese figures are exaggerated and the size of its economy is not as big as it is made out to be. If this is true, it is within realms of reality that India overtakes Chinese economy in the foreseeable future.

Improved railway connectivity between India and Bangladesh should raise levels of bilateral passenger and cargo traffic significantly, and catalyse major economic growth in the years ahead. While both countries have revived operations on some of the old BG/MG (Broad gauge and Metre gauge) lines that were functional in undivided Bengal before 1947, economists feel that much more needs to be done to strengthen/upgrade the existing network in Bangladesh.

Davangere in Central Karnataka is known for its lips-smacking “benne dosa” (butter dosa) and, of course, Shamanur Shivashankarappa. The 92-year-old Congress leader became India’s oldest MLA on May 13 after being elected MLA for the sixth time from Devangere South. He defeated BJP candidate and former Mayor B G Ajay Kumar by a margin of 27,888 votes. Shivashankarappa will be entering the assembly along with son S SMallikarjun, a two time MLA from Devangere North.

The ceasefire between Israel and the Palestinian Islamic Jihad (PIJ) has taken effect in the Gaza Strip after days of cross-border fighting. The confrontation left at least 33 Palestinians dead in Gaza and at least two people in Israel. But most importantly in the Israeli military’s Operation named “Shield and Arrow” six PIJ commanders were killed. The main objective of the Israeli operation was to erode the operational capabilities of the group by targeting its ground commanders. In retaliation for the airstrikes, Islamic Jihad fired around 1,000 rockets at Israel.

WASHINGTON: Congressional progressive Democrats are increasingly angry about Democratic President Joe Biden’s apparent willingness to give in to Republican budget cuts in safety net programs as part of a deal to raise the nation’s debt ceiling.

A new chapter in the modern history of the Middle East is beginning, and what’s most significant about it is the dwindling influence of the United States.

Thailand's Move Forward party just signed a memorandum of understanding (MOU) with coalition partners after achieving an unexpected victory in the May 14 general election. The MOU serves as a framework for the coalition government, outlining 23 key agendas that the parties agree to work on collectively. Pita Limjaroenrat, the leader of Move Forward, emphasised that the MOU reflects the shared responsibilities of the coalition parties and their commitment to advancing the agreed-upon agendas through governmental and parliamentary mechanisms.

Visit of the Prime Minister of India Narendra Modi to the Pacific Island Nations drew international attention since several countries of the world, including China, had great strategic interests in the region. Indian move for consolidation and expansion of ties with the countries in the region sharing Indian roots and history has thus become significant.

A 2024 presidential election featuring president Joe Biden against former president Donald Trump would be a “rematch from hell" - former Republican congressman Will Hard said - "The reality is two third Americans want somebody else". There's evidence to support Hard's argument that another presidential election featuring Biden and Trump is unpopular among most Americans, Democrats or Republicans, according to recent polls. But right now, unfortunately, both the candidates are polling well ahead of the others in their respective party's field and a rematch seems quite possible.