Economy to Grow Only 0.3% in 2 Years as India Enters First Technical Recession

News Network
November 30, 2020

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New Delhi: The Indian economy is forecast to show an average growth of only 0.3 per cent in two years as India enters its first technical recession, GDP could post further decline in 3QFY21.

As per a report by Motilal Oswal Financial Services, “Real GDP declined 7.5 per cent YoY in 2QFY21 (or 3QCY20), worse than our expectation, but better than the market consensus”.

Fiscal spending, consumption plus investments, posted its first major contraction since FY15 and is the worst on record. On the contrary, decline in private spending narrowed to -9.2 per cent in 2QFY21 from -35.4 per cent YoY in 1Q. The government and private sectors are naturally highly interlinked with each other, the report said.

A comparison of India with other major nations suggests India is no longer the worst affected economy — as the Philippines’ real GDP saw double-digit decline in 3QCY20 and decline was also higher in the UK and Mexico.

Due to a weaker-than-expected 2QFY21, we revise down our 3QFY21 and 4QFY21 growth forecasts.

“We now pencil in a decline of 1.2 per cent YoY in 3QFY21 (v/s a negligible decline earlier) and growth of 2.3 per cent YoY in 4QFY21 (v/s +4.2 per cent projected earlier). Accordingly, India’s real GDP is forecast to decline 7.5 per cent YoY in FY21 (v/s the previous forecast of -6.5 per cent ), but grow 8.5 per cent in FY22 (against 7.8 per cent growth expected earlier). This implies average growth of only 0.3 per cent in the two years,” the report said.

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News Network
May 10,2025

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New Delhi, May 10: In a detailed joint briefing today, India’s defence and foreign ministries dismantled Pakistan’s claims of major strikes on Indian infrastructure and exposed Islamabad’s alleged attempts to escalate conflict along the border. Here's a clear breakdown of 12 crucial points made by Indian military officials:

1. Pakistan’s Claims Are False
The Indian government called Pakistan’s statements about destroying airbases, power grids, and cyber systems “completely false” and “state-sponsored propaganda.”

2. No Damage to Indian Airbases
Indian officials categorically denied Pakistani claims of hitting Sirsa, Suratgarh, and the S-400 radar base in Udhampur.

3. Pakistan Used Multiple Attack Platforms
Pakistan employed UCAVs (unmanned combat aerial vehicles), loitering munitions, long-range missiles, and fighter aircraft to target military and civilian sites.

4. Civilian Infrastructure Targeted
Pakistan struck schools and a Medicare centre near Indian Air Force bases in Srinagar, Awantipora, and Udhampur.

5. Over 26 Locations Attacked
India reported air intrusions and harassment attacks across 26+ locations from Srinagar to Naliya, along the Line of Control (LoC) and international border.

6. Limited Damage at IAF Bases
Minor damage occurred at four IAF stations: Udhampur, Patan, Adampur, and Bhuj — but all operations remain unaffected.

7. Heavy Cross-Border Shelling
Sectors like Kupwara, Baramulla, Poonch, Rajouri, and Akhnoor saw intense artillery, mortar, and small arms fire — all met with strong Indian retaliation.

8. Pakistan Moving Troops to Forward Areas – Signals Possible Escalation
The Indian Army observed significant Pakistani troop mobilisation toward forward posts along the LoC. This movement, described as “indicative of offensive intent,” suggests that Pakistan may be preparing for a wider military escalation. The Indian armed forces are on high operational alert, closely monitoring the situation and ready to respond to any provocation.

9. India’s Response: Swift, Measured, Targeted
In retaliation, India struck only military assets — radar stations, command centres, and storage sites — using precision air-launched weapons.

10. No Damage to Critical Indian Defences
Pakistan’s claims of destroying India’s S-400 systems, BrahMos base, and Chandigarh ammo depot were debunked with timestamped visual evidence.

11. Pakistan Trying to Spread Communal Discord
Indian officials accused Pakistan of fabricating stories to stoke communal unrest in India — calling such efforts "doomed to fail."

12. India Committed to Responsible Conduct
India reiterated its commitment to non-escalation — “provided Pakistan reciprocates.” Officials stressed that India’s military operations have been calibrated and proportionate.

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News Network
May 10,2025

indaarmy.jpg

New Delhi, May 10: In a detailed joint briefing today, India’s defence and foreign ministries dismantled Pakistan’s claims of major strikes on Indian infrastructure and exposed Islamabad’s alleged attempts to escalate conflict along the border. Here's a clear breakdown of 12 crucial points made by Indian military officials:

1. Pakistan’s Claims Are False
The Indian government called Pakistan’s statements about destroying airbases, power grids, and cyber systems “completely false” and “state-sponsored propaganda.”

2. No Damage to Indian Airbases
Indian officials categorically denied Pakistani claims of hitting Sirsa, Suratgarh, and the S-400 radar base in Udhampur.

3. Pakistan Used Multiple Attack Platforms
Pakistan employed UCAVs (unmanned combat aerial vehicles), loitering munitions, long-range missiles, and fighter aircraft to target military and civilian sites.

4. Civilian Infrastructure Targeted
Pakistan struck schools and a Medicare centre near Indian Air Force bases in Srinagar, Awantipora, and Udhampur.

5. Over 26 Locations Attacked
India reported air intrusions and harassment attacks across 26+ locations from Srinagar to Naliya, along the Line of Control (LoC) and international border.

6. Limited Damage at IAF Bases
Minor damage occurred at four IAF stations: Udhampur, Patan, Adampur, and Bhuj — but all operations remain unaffected.

7. Heavy Cross-Border Shelling
Sectors like Kupwara, Baramulla, Poonch, Rajouri, and Akhnoor saw intense artillery, mortar, and small arms fire — all met with strong Indian retaliation.

8. Pakistan Moving Troops to Forward Areas – Signals Possible Escalation
The Indian Army observed significant Pakistani troop mobilisation toward forward posts along the LoC. This movement, described as “indicative of offensive intent,” suggests that Pakistan may be preparing for a wider military escalation. The Indian armed forces are on high operational alert, closely monitoring the situation and ready to respond to any provocation.

9. India’s Response: Swift, Measured, Targeted
In retaliation, India struck only military assets — radar stations, command centres, and storage sites — using precision air-launched weapons.

10. No Damage to Critical Indian Defences
Pakistan’s claims of destroying India’s S-400 systems, BrahMos base, and Chandigarh ammo depot were debunked with timestamped visual evidence.

11. Pakistan Trying to Spread Communal Discord
Indian officials accused Pakistan of fabricating stories to stoke communal unrest in India — calling such efforts "doomed to fail."

12. India Committed to Responsible Conduct
India reiterated its commitment to non-escalation — “provided Pakistan reciprocates.” Officials stressed that India’s military operations have been calibrated and proportionate.

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coastaldigest.com news network
April 30,2025

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Mangaluru, April 30: The victim of the tragic mob lynching in Mangaluru, 36-year-old Ashraf, was assaulted for nearly two hours before his body was abandoned at the crime scene, according to sources. The incident took place near a local cricket match venue in Kudupu on April 28. The exact motive behind the attack remains under investigation. Ashraf had suffered multiple severe internal injuries, which led to his death.

Ashraf, originally from Pulpalli village in Sultan Bathery taluk, Wayanad district, Kerala, had been living in Mangaluru for the past month as a manual labourer. 

He was known to have a mild mental disability, which had caused him to wander around different areas. Abdul Jabbar, Ashraf’s brother, confirmed that Ashraf was unmarried and had no affiliations with any organization. "We had been treating his health issues for years, but his condition never fully improved," Jabbar shared. 

Despite his mental health challenges, Ashraf frequently visited family in Kerala and maintained regular contact with his brother, who provided him with essentials, including a mobile phone.

The police had initially registered the incident as an unnatural death under suspicious circumstances. However, following the autopsy, the case was reclassified as mob lynching after it was confirmed that Ashraf died from internal injuries caused by strong blows, compounded by shock and the lack of medical intervention.

In connection with the incident, 20 men have been arrested so far, with 25 suspects believed to be involved. The first person to assault Ashraf is thought to be 26-year-old autorickshaw driver T Sachin from Kudupu. Police have invoked several sections of the Bharatiya Nyaya Sanhita (BNS) related to mob violence and culpable homicide. Investigations are ongoing, with authorities collecting witness statements, CCTV footage, and mobile tower data to identify additional suspects.

Abdul Jabbar has assured full cooperation with the police as they continue to investigate the horrific attack.

‘Attempt to cover up’

Meanwhile, the Dakshina Kannada district committee of CPI(M) has accused the Mangaluru City Police Commissionerate of deliberately attempting to cover up the mob lynching. The committee claims that the FIR (First Information Report) filed in this case serves as strong evidence of the police’s efforts to obscure the truth.

“The news of the incident reached the Vamanjoor Police Station within an hour of the incident. Five hours later, police arrived at the crime scene, where they found the brutalized body of the victim. By this time, the details of the incident were clear to the police, and the news had also reached Mangaluru Police Commissioner Anupam Agrawal,” it said.

CPI(M) district secretary Muneer Katipalla alleged that the police apparently tried to weaken and possibly cover up the case due to various factors. Ravindra Nayak, a prominent BJP leader, and Manjunath, both believed to be key figures in the local political circles, are reportedly connected to the attack. The incident drew national attention, and the police were reportedly concerned that the case would cause embarrassment if it became widely known.

As part of the cover-up, Manjunath, who is said to have played a pivotal role in the mob lynching, allegedly filed a report stating that the unidentified body had been found. Despite being fully aware of the details, the police issued a lookout notice, falsely claiming that the victim may have died from falling due to intoxication or a scuffle, with only superficial injuries on his body, said Mr. Katipalla, who believes this was an effort to exonerate the real culprits and avoid further embarrassment for the local authorities.

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