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The Hona News

View: It’s politics, and policy, as usual in India again

India’s Prime Minister Narendra Modi is in a spot of trouble. He has to face reelection in a few months amid growing dissatisfaction with his government’s performance; he’s likely to use every lever available to eke out a win. One such lever, unfortunately, was the interim federal budget that his lame-duck government presented last week, to keep official machinery running till the next government can come in with a mandate and make decisions about taxation and spending. As many of us feared, Modi broke with…

Automation impact: 76 per cent Indian employers plan to increase, maintain headcount

NEW DELHI: Notwithstanding the increasing adoption of automation, 76 per cent of employers in India plan to increase or maintain their headcount, while the global figure stands at 87 per cent, says a report. Organisations that are already automating tasks and progressing their digital transformation are most confident of increasing headcount, it said. According to a ManpowerGroup report, companies that are digitising are growing, and that growth is producing more and new kinds of jobs. economictimes.indiatimes.com

India’s April-December Fiscal Deficit Narrows to 7.01 Trillion Rupees, Says Government

In April-November, the fiscal deficit was 7.17 trillion rupees, or about 115 percent of the budgeted target. New Delhi: India’s April-December fiscal deficit narrowed to 7.01 trillion rupees ($97.80 billion), or 112.4 percent of the budgeted target for the current fiscal year, government data showed on Monday. www.news18.com

IGA & ‘comfort letter’ in Rafale deal provide adequate safeguards to India in absence of sovereign guarantee: Sitharaman

NEW DELHI: Defence minister Nirmala Sitharaman on Monday said any dispute in the execution of the inter-governmental agreement (IGA) with France for the Rs 59,000 crore deal for 36 Rafale fighter jets will “be settled through the bilateral high level group” established by the two governments. “Any dispute not settled by this group shall be settled by arbitration in accordance with UNCITRAL (United Nations Commission on International Trade Laws) arbitration rules,” she added, in a written reply to a question in Rajya Sabha on the…

India vs New Zealand: ‘Rohit Sharma, Shikhar Dhawan could get a break in T20I series’

Indian cricket team head coach Ravi Shastri hinted that openers Rohit Sharma and Shikhar Dhawan can be rested for some matches during the upcoming T20I series against New Zealand. Shastri, while talking to Star Sports after India defeated New Zealand in the fifth ODI to clinch the five-match series 4-1, said that Dhawan and Rohit will be rested to keep them fresh for the upcoming series against Australia. www.hindustantimes.com

Left Front gears for ‘people’s Brigade’ to counter Mamata’s ‘United India’ show

KOLKATA:People from the various districts of Bengal have started assembling for the Left Front rally at the Brigade Parade Ground here today. There was speculation over ex-chief minister Buddhadeb Bhattacharjee attending the rally. “Although there is a huge demand for the former to address the event, he won’t be present as he is not in good health,” said a CPM leader. A message from Bhattacharya will be read out at the rally. Kanhaiya Kumar, former JNU students’ union president will be a key speaker at…

Arun Jaitley indicates won’t be back in India to reply to Budget debate

NEW YORK: Union Minster Arun Jaitley on Sunday said his medical treatment at a US hospital is all over but hinted that he may not return to India in time to reply to the debate on Interim Budget in Parliament. Jaitley had on the Budget day stated that he would be back in India soon. In his absence, the charge of the finance ministry was given to Railway Minister Piyush Goyal, who on February 1 presented the Interim Budget for 2019-20 financial year. Jaitley, 66,…

Mallikarjun Kharge dissents regularly, says Arun Jaitley

In a blog, Jaitley said the leader of the largest party in Opposition in the Lok Sabha, Kharge, “dissented once again” in the appointment of the new CBI Director. NEW DELHI: Accusing Congress leader Mallikarjun Kharge of dissenting excessively, Union minister Arun Jaitley Sunday said he has made the appointment of CBI director look like a political battle which was never envisaged. Kharge on Saturday wrote to Prime Minister Narendra Modi giving his dissent on the appointment of new CBI Director Rishi Kumar Shukla, alleging…

In talks with large auto companies in India: Harman International

The Stamford-headquartered company, which is a subsidiary of South Korea’s Samsung Electronics, is already catering to various global companies from India. US-based audio systems major Harman International is in talks with large automobile firms in India to supply its products for factory fitments, according to a top company official. www.moneycontrol.com