Friday, Oct 20 2017 | Time 09:12 Hrs(IST)
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Slowdown in economy is temporary: Veep

Slowdown in economy is temporary: Veep

New Delhi, Oct 6 (UNI) Vice-President M Venkaiah Naidu on Friday disagreed with the critics of the government saying that as per the World Bank and industry, the slowdown in the economy due to GST was temporary and it will have a positive impact in the long run. Mr Naidu said the World Bank, as reported by newspapers, had said the decline in the economy due to GST in India was temporary which later on would have tremendous impact. He was addressing the gathering after inaugurating the International Conference on Technological Advancements in Railway & Metro Projects 2017, here on Friday. He said few days back there was a news which said the sale of cars has increase to more than 15 percent in recent times. The Vice-President said many big car companies such as Maruti, and FMCG manufacturers like Sony, Panasonic, Godrej have said there has been a substantial increase in the sale of their premium range products. He said the world was looking towards India and was keen to invest here. India has become the preferred destination for investors. Speaking about the development of the Railways, Mr Naidu said the Indian Railways need to plan for a massive expansion very meticulously with forward looking, efficient technologies and innovative practices currently available across the globe and adopt them to serve our country’s aspiring population. He added that the IT revolution was sweeping the world, and India has also been a major contributor which is bound to improve the efficiencies in signaling, communications and safety and help in areas like intelligent transportation systems. Stating that urbanisation was taking place at a rapid pace in India, he said the need for efficient and cost-effective transport was critical in ensuring faster mobility and sustainable development. He added that new concepts such as ‘Transit Oriented Development’ should be tried out and promoted which would improve the lives of people living around the metro stations in a big way. UNI RBE AE 1646

Top News
PM wishes happy Diwali to INSV Tarini crew through video call

PM wishes happy Diwali to INSV Tarini crew through video call

New Delhi, Oct 19 (UNI) Prime Minister Narendra Modi on Thursday made a video call to the crew of Indian Naval Sailing Vessel (INSV) Tarini, currently on a mission to circumnavigate the globe, to extend them Diwali greetings.

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19 Oct 2017 | 11:04 PM
43 Afghan troops killed as Taliban attack army base in Kandahar

43 Afghan troops killed as Taliban attack army base in Kandahar

Kabul, Oct 19 (UNI) At least 43 Afghan troops were killed and nine were wounded in a Taliban claimed suicide attack on an army base in Afghanistan's southern Kandahar province, the defence ministry said in a statement on Thursday.

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19 Oct 2017 | 6:15 PM
PM celebrates Diwali on border; calls upon jawans to help in building 'New India'

PM celebrates Diwali on border; calls upon jawans to help in building 'New India'

Srinagar, Oct 19 (UNI) Continuing his tradition of celebrating Diwali with security forces, Prime Minister Narendra Modi on Thursday reached Gurez valley, near the Line of Control in Jammu and Kashmir to take part in the festivities along with jawans of Indian Army and BSF.

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19 Oct 2017 | 4:14 PM
India to grant medical visas to all needy as Diwali gift

India to grant medical visas to all needy as Diwali gift

New Delhi, Oct 19 (UNI) As a Diwali gift to people abroad, India on Thursday said it will give medical visa to all the needy.

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19 Oct 2017 | 5:00 PM
PM greets people on Diwali

PM greets people on Diwali

New Delhi, Oct 19 (UNI) Prime Minister Narendra Modi on Thursday extended his good wishes to the people on the occasion of Diwali.

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19 Oct 2017 | 12:50 PM
India can keep an eye on Pakistan: Nikki Haley

India can keep an eye on Pakistan: Nikki Haley

Washington, Oct 19 (UNI) US Am­bassador to the UN Nikki Haley has said that India can help the United States in keeping an eye on Pakistan, as Washington cannot tolerate any government that shelters terrorists.

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19 Oct 2017 | 5:13 PM
Accountability Court rejects petitions of Nawaz, Maryam against indictment

Accountability Court rejects petitions of Nawaz, Maryam against indictment

Islamabad, Oct 19 (UNI) Accountability Court on Thursday rejected two separate applications - one by Maryam Nawaz and Captain (retd) Safdar and the other by ousted prime minister Nawaz Sharif - against their indictment.

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19 Oct 2017 | 2:54 PM

Dempo SC gets the better of FC Goa Development Team

19 Oct 2017 | 9:48 PM

Duler (Goa) Oct 19 (UNI) FC Goa development team lost 4-0 to Dempo Sports Club at the Duler Stadium in Mapusa in the second Goa Professional League game.

Eagerly awaiting public reaction for 'Secret Superstar': Aamir Khan

Eagerly awaiting public reaction for 'Secret Superstar': Aamir Khan

18 Oct 2017 | 6:17 PM

New Delhi, Oct 18 (UNI) As he awaits the release of his film 'Secret Superstar' on Diwali, superstar Aamir Khan says that he has not been able to sleep for the past one week and is eagerly waiting for the reactions of the public.

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