463

Modi Government’s Economic Policy Has Been Well Planned, Says Gopal Krishna Agarwal

New Delhi: Bhartiya Vitta Salahkar Samiti has organised a discussion on Modinomic on January 18, 2018 in which impact of the economic policy of Prime Minister Narendra Modi’s government has been outlined by experts and eminent speakers on various issues. The discussion was presided over by Prof Ramesh Chand, member, NITI Ayog and Finance Commission.

Speaking on the occasion, the keynote speaker, Gopal Krishna Agarwal, National Spokesperson on Economic Affairs, Bharatiya Janata Party, said: “The issue taken up by the Narendra  Modi government like Jan Dhan Account Scheme, Non-Performing Assets (NPA), Micro, Small And Medium Enterprises are the issues that were taken up by the government.”

443

Foreign Student Enrollment In The US Drops By 6.6 Per Cent This Year; Doubles Previous Year

New Delhi: Last May, Luis Carlos Soldevilla graduated with one of the best grade point averages in his Mexico City high school. For his senior project, he even tackled Goldbach’s conjecture, a famous number theory problem. Soldevilla considered attending Boston University and the University of Washington, both of which had accepted him. He also had fond memories of the University of California, Berkeley, where during the summer of 2016he took a computer science course.But instead of enrolling at a US school, Soldevilla started this fall at the University of Toronto, Mississauga, where he’s pursuing a double major in computer science and mathematics. Why did he pick the Canadian school over those big American names?

403

Proposed Law To Check Ponzi Schemes To Make Crowd Funding Illegal And Financing For Startups Difficult

New Delhi: A proposed legislation to check Ponzi schemes will make crowd funding illegal and financing for startups difficult in its present form unless the concept of an “unregulated deposit” is explicitly defined in the bill, according to M Veerappa Moily, chairman of the parliamentary standing committee on finance.

The Banning of Unregulated Deposit Schemes Bill, 2018, which aims to check unscrupulous entities from cheating gullible investors, was introduced in the Lok Sabha in July last year. It was subsequently referred to the parliamentary committee headed by Moily for vetting. The committee submitted its recommendations on the bill to the Parliament earlier this month, on January 3.

363

Abu Dhabi Expects India To Continue To Be The Largest Source Market For Overseas Arrivals In 2019

New Delhi: A senior official said that Abu Dhabi expects India to continue to be the largest source market for overseas arrivals in 2019 with a growth of around 10 per cent year-on year. In 2018, the capital city of United Arab Emirates had around 3.35 lakh arrivals from India up to October.

“We expect India to continue to be the largest overseas market for arrivals in 2019. We are expecting around 10 per cent growth in the number of Indian arrivals in 2019,” Abu Dhabi Department of Culture and Tourism, Travel Trade and Market Development Department Acting Director Anthony Rippingale said.

As of October 2018, India is the largest source market for overseas arrivals to Abu Dhabi, he added.

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Composite Leading Indicator The Latest Sign Of A Synchronized Slowdown In Global Growth

New Delhi: Momentum is easing across the world’s major economies, according to a gauge the OECD uses to predict turning points. The Composite Leading Indicator is the latest sign of a synchronized slowdown in global growth, adding to recession warnings sparked by industrial figures in Germany last week and and slumping trade figures for China earlier on Monday.

The indicator, which is designed to anticipate turning points six-to-nine months ahead, has been ticking down since the start of 2018 and fell again in November. The OECD singled out the US and Germany, where it said “tentative signs” of easing momentum are now confirmed.