分类： bharat

The third-largest economy in Asia should rebound in 2020 as global conditions are set to improve, helping India’s economic growth to pick up, according to US investment bank Goldman Sachs.
The bank’s chief economist and head of global economics and markets research Jan Hatzius said the extent of the recovery will likely be modest instead of returning India to the growth rates seen a few years back.
“As we go into 2020, we think there’s a tentative sense of stabilization in the Indian economy,” Hatzius told CNBC.

In its report last week, Goldman projected India’s growth to fall to 5.1 percent this year from roughly seven percent annually in 2017 and 2018. The bank forecasts the country’s growth to pick up to 6.4 percent in 2020.

According to Hatzius, an improving global economy and domestic policies such as corporate tax cuts should help to lift economic activity in India. He also said that the country’s central bank, the Reserve Bank of India, “probably isn’t quite done” with easing monetary policy yet.
“We’ll see how strong the rebound is. We did see a significant deceleration; will it be able to make that up in 2020 and 2021 to get back to the growth rates that we saw a couple years ago?”

Hatzius continued: “That may be a tall order, but incrementally we do think that growth probably picks up somewhat from here.”

To the images of the charred remains of a young woman, raped and murdered, countless Indians woke up this morning with a sense of having failed their nation.

Dr Priyanka Reddy was out and about her work as a vet in the outskirts of Hyderabad when her motorbike broke down and she fell prey to the evil eyes of men around her, with no route of escape left for her modesty or her life.

All of India’s gains on women’s issues in recent years, personally for me, had been put to flames.

Four years ago, India’s premier Narendra Modi launched a scheme for girls, appropriately in the northern state of Haryana, which suffers from a skewed gender ratio and where women must largely look after home and hearth, and little else.

“The prime minister of this country has come to you like a beggar, begging for the lives of our daughters,” Modi had implored.

Flip through the news pages of the last six years and you would see countless tales of Indian women who are world champions, two of them –Saina Nehwal and Sania Mirza– from the very city of Hyderabad which today hangs its head in shame.

You would find women who scaled Mount Everest on one leg; the youngest ever to swim her way to a record in icy Antarctic waters; grandmasters in chess; unbeatables in squash; an amateur world boxing champion’s reign of six years; authors who are internationally acclaimed; women scientists who are today the backbone of India’s space research programme, the envy of the world.

Indian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia’s Far East Investment and Export Agency.
In a meeting with Indian firms in New Delhi, the Russian delegation presented perspective projects that could be implemented in the remote Far Eastern region and the Arctic zone.

“We’re considering mining of lithium and cobalt,” the director of the agency, Leonid Petukhov, said. The official added that the region is keen to secure foreign investment for developing local deposits amid the lack of Russian investors.

The agency also said that the agency wants to attract foreign investors to participate in other projects in Zabaykalsky Krai, part of Russia’s Far East district, including those related to excavating a rare-earth element, yttrium, as well as other metals such as tantalum and niobium, among others.

Cobalt and lithium are key components for the production of rechargeable batteries. The so-called rare earths are a group of 17 chemical elements with special characteristics which are important for making many different devices from smartphones to weapons.

The materials are not actually rare, despite their name, but they are difficult to find in desirable concentrations and they are difficult to process as the ores often contain naturally occurring radioactive materials such as uranium and thorium. China is the world’s leading producer of rare earth metals; it accounts for around 80 percent of imports worldwide.