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Ill-conceived, biased, says SBI rpt on Rajan's Hindu rate of growth remarks

An SBI research report on Tuesday dismissed arguments that India is dangerously close to Hindu rate of growth saying such statements are "ill-conceived, biased and premature" in the wake of the recent GDP numbers and the available data on savings and investments. "Interpretations of GDP growth based on noisy quarterly numbers is a game of smoke and mirror," said the SBI report 'Ecowrap'. The report comes within days of former Reserve Bank Governor Raghuram Rajan saying that India is "dangerously close" to the Hindu rate of growth in view of subdued private sector investment, high interest rates and slowing global growth. Rajan said that sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying. Hindu rate of growth is a term describing low Indian economic growth rates from the 1950s to the 1980s, which averaged 3.5 per cent. The term was coined by Raj Krishna, an Indi

Ill-conceived, biased, says SBI rpt on Rajan's Hindu rate of growth remarks
Updated On : 07 Mar 2023 | 4:52 PM IST

Is India's economy really 'dangerously close' to Hindu rate of growth?

Economists have a different view on Raghuram Rajan's apprehensions

Is India's economy really 'dangerously close' to Hindu rate of growth?
Updated On : 06 Mar 2023 | 9:07 PM IST

89 Hindu pilgrims from India visit Pakistan to celebrate Maha Shivaratri

Around 89 Hindu pilgrims from India arrived here on Tuesday to celebrate Maha Shivaratri at Katas Raj Temple in Pakistan's Punjab Province. Some 89 Hindu pilgrims arrived here from India via Wagah border on Tuesday. Evacuee Trust Property Board senior officers Rana Shahid and Fraz Abbas received them at the border, Amir Hashmi, spokesperson for ETPB, which looks after the holy places of minorities in Pakistan, told PTI. Hashmi said the Hindu pilgrims would remain in Lahore for a day before leaving for Chakwal, some 300 kms from Lahore, to attend their religious festival at Katas Raj. He said the main event Maha Shivaratri' will be held there on Thursday. Foolproof security arrangements have been made in this respect, he added. Hindu pilgrims leader Sanjiv Kumar said they receive love in Pakistan and hope the ETPB is taking good care of their holy places. The Shri Katas Raj Temples also known as Qila Katas, is a complex of several Hindu temples connected to one another by walkways.

89 Hindu pilgrims from India visit Pakistan to celebrate Maha Shivaratri
Updated On : 21 Dec 2022 | 8:51 AM IST

India in danger of becoming Hindu nationalist State: US Congressman

India is facing the danger of becoming a Hindu nationalist State, an outgoing Democratic Congressman known for his anti-India tirade said on Thursday. Describing himself as a lifelong human rights advocate Congressman Andy Levin (62) in his last speech on the floor of the US House of Representatives said the US has had more success in human rights, although the situation was dire in many parts of the world. I have been a vocal advocate for human rights in places like India, which is in the danger of becoming a Hindu nationalist State rather than a secular democracy, the world's largest democracy, alleged Levin, who represented the ninth Congressional District from Michigan. In the next Congress, it will be represented by Lisa McClain of the Republican Party. I am a lover of Hinduism, a lover of Jainism, Buddhism and other religions that were born in India, but we need to protect the rights of all people there. Whether they're Muslims, Hindus, Buddhists, Jews, Christians, Jains, Levi

India in danger of becoming Hindu nationalist State: US Congressman
Updated On : 16 Dec 2022 | 8:55 AM IST

First Hindu PM a historic moment: UK envoy over Sunak's ascent to top post

UK High Commissioner to India Alex Ellis termed the appointment of the first Hindu Prime Minister to the UK, Rishi Sunak, a "historic moment.""The election of the first Hindu PM of Britain is a historic moment," says Alex Ellis, British High Commissioner to India, in Hindi.Envoy Ellis on Tuesday said that Rishi Sunak becoming UK Prime Minister is a sign of a "different United Kingdom that there is today" compared to the country in which he grew up. He said bilateral relations have been deepening and growing very fast since the UK left European Union."It's a big day for the United Kingdom. We have a new Prime Minister. That Prime Minister is young. His grandparents came from India, his parents from East Africa and he's a Hindu. This is a sign of the different United Kingdom that there is today compared to the country in which I grew up. So, it is quite a different country and it's a big day to mark that," Alex Ellis said in an exclusive interview with ANI."UK-India relations have been .

First Hindu PM a historic moment: UK envoy over Sunak's ascent to top post
Updated On : 26 Oct 2022 | 7:32 AM IST

Hindu community integral part of South Africa: President Cyril Ramaphosa

The Hindu community of South Africa is an integral part of the country's makeup, President Cyril Ramaphosa said on Monday as he extended greetings of Diwali to the community members across the nation. The Hindu Community is an integral part of South Africa's rich multicultural tapestry. Members of the Hindu Community have made a significant contribution to our country since the arrival of indentured Indians to South Africa in 1860, Ramaphosa said. He was referring to the first Indians who arrived by boat in November 1860 to work on the sugar cane plantations of the then British colonial province of Natal. They were followed by thousands more, as well passenger Indians who paid their own way to start up businesses in South Africa. Descendants of these first Indian settlers now number 1.4 million South African citizens in a seventh generation in some instances. Ramaphosa also acknowledged the Indian community across several generations who were in the forefront of the struggle aga

Hindu community integral part of South Africa: President Cyril Ramaphosa
Updated On : 24 Oct 2022 | 11:54 PM IST

'Hindu' a geo-cultural identity, synonymous with 'Bharatiya': Mohan Bhagwat

RSS chief Mohan Bhagwat, while stating that there is "no particular definition of Hindu", said that the terms "Bharatiya" and "Hindu" are synonyms, and added that it is a "geo-cultural identity"

'Hindu' a geo-cultural identity, synonymous with 'Bharatiya': Mohan Bhagwat
Updated On : 26 Sep 2022 | 2:05 PM IST

After India, now the UK also has to wrestle with Hindu-Muslim clashes

Now the UK Has to Wrestle With India's Demons, Too

After India, now the UK also has to wrestle with Hindu-Muslim clashes
Updated On : 23 Sep 2022 | 7:52 AM IST

SC asks govt to file within 4 weeks response to pleas challenging CAA

Legislation that prompted nationwide protests was challenged on the ground that it allegedly is against the right to equality

SC asks govt to file within 4 weeks response to pleas challenging CAA
Updated On : 12 Sep 2022 | 8:14 PM IST

Court's verdict in Gyanvapi Mosque case today: All you need to know

District Judge A K Vishvesh had last month reserved the order till September 12 in the communally sensitive matter

Court's verdict in Gyanvapi Mosque case today: All you need to know
Updated On : 12 Sep 2022 | 7:50 AM IST

The unsung victims of 1857

Rana Safvi offers an evocative translation of an account that recalled how Mughal royals, especially women, suffered after the exile of Bahadur Shah Zafar

The unsung victims of 1857
Updated On : 02 Sep 2022 | 10:22 PM IST

Hindi, Hindu sans Hindutva

A fascinating account shows how much of the maverick writer and polymath's thinking was rooted in cosmopolitanism

Hindi, Hindu sans Hindutva
Updated On : 05 Aug 2022 | 9:00 PM IST

Prime Minister Modi's outreach to pasmanda Muslims: A strategic pause?

The invention of "pasmanda Muslims plus Hindutva" also serves to confuse and destabilise an Opposition still trapped in its old political rhetoric

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Updated On : 11 Jul 2022 | 7:54 AM IST

Uddhav Thackeray expresses concern about targeted killings in Kashmir

"Kashmiri Pandits were shown the dream of 'ghar vapasi' (resettlement in the Valley), but they are being targeted and killed. The exodus of Pandits is shocking," he said.

Uddhav Thackeray expresses concern about targeted killings in Kashmir
Updated On : 04 Jun 2022 | 11:05 PM IST

Doval, RAW chief meet Shah after terrorists kill Hindu bank employee in JK

Details of their meeting were not known immediately but they were believed to have discussed the situation in restive Kashmir where a bank employee hailing from Rajasthan was killed this morning

Doval, RAW chief meet Shah after terrorists kill Hindu bank employee in JK
Updated On : 03 Jun 2022 | 12:58 AM IST

United States condemns attacks on Hindu temples, businesses in Bangladesh

The US has condemned the recent violent attacks during the Durga Puja celebrations, saying the freedom of religion or belief is a human right

United States condemns attacks on Hindu temples, businesses in Bangladesh
Updated On : 20 Oct 2021 | 6:49 AM IST

Hindu identity as a political tool

In the two chapters on Savarkar's trial and his twilight years we get to learn a lot of things we did not know

Hindu identity as a political tool
Updated On : 13 Sep 2021 | 11:07 PM IST

Cong leaders demands evacuation of Hindus, Sikhs from war-torn Afghanistan

Congress leader Jaiveer Shergill on Monday wrote to External Affairs Minister S Jaishankar demanding the immediate evacuation of Hindus and Sikhs from war-torn Afghanistan. In his letter, Shergill said his love for his own people of Indian origin has compelled him to take up the matter with Jaishankar. "As you are more than aware, the Taliban offensive has escalated in Afghanistan, post-US withdrawal of troops, and they are fighting at gun point to turn the country, once again into a hub for transnational terrorism," he said in his letter. "The current catastrophic trajectory of violence has caused a humanitarian crisis in Afghanistan, thus, risking the lives of the people, including those from India," he also said. According to the information available in public domain, around 650 Sikhs and 50 Hindus are stuck in Afghanistan and have become sitting targets for the Taliban adamant to kill minorities belonging to Indian origin, he said. The Congress leader cited cited several ...

Cong leaders demands evacuation of Hindus, Sikhs from war-torn Afghanistan
Updated On : 09 Aug 2021 | 3:00 PM IST

Most of the revered Hindu sites in Pakistan in state of decay: Report

Most of the revered sites of the Hindu community in Pakistan are in a poor condition and the authority responsible for their upkeep has failed to maintain them

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Updated On : 08 Feb 2021 | 1:01 PM IST

Govt has assured visas to 600 Sikhs and Hindus from Afghanistan: DSGMC

DSGMC president met External Affairs Ministry officials and claimed that he had been assured that 600 Sikhs and Hindus in Afghanistan will be issued visas by India in the coming days

Govt has assured visas to 600 Sikhs and Hindus from Afghanistan: DSGMC
Updated On : 28 Jul 2020 | 11:21 AM IST