India a 'bright star', says Sitharaman as she presents first 'Amrit Kaal' Budget

News Network
February 1, 2023

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Finance Minister Nirmala Sitharaman on Wednesday began her much anticipated Budget speech, highlighting India's economic prospects amid a slowing global economy.

"The world has recognised India as a bright star. Our growth for the current year is estimated at 7 per cent...the highest among all major economies, in spite of massive global slowdown caused by pandemic and war," Sitharaman said, kicking off her speech.

She added that the Indian economy was on the right track, and heading towards a bright future.

While presenting the first Budget for 'Amrit Kaal', FM Nirmala Sitharaman said the government, in a bid to increase digital infrastructure in the rural areas and boost rural startups, will set up an accelerator fund for agri startups.

She said the Budget for 2023-24 hopes to build on the foundation of the previous budget and blue print for India@100.

This is the last full Budget of the second term of the BJP-led NDA government ahead of the general elections in 2024.

Sitharaman is presenting her fifth full Budget after she took over as Finance Minister in July 2019.

Details to follow

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News Network
May 15,2025

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Mangaluru, May 15: Dr Ninaad Lasrado, a young scientist hailing from Puttur in Dakshina Kannada district, has earned a place in the prestigious Forbes 30 Under 30 Asia – Health Science List for 2025. He is currently serving as a postdoctoral fellow at Harvard Medical School, Boston, USA.

Dr Lasrado achieved a remarkable academic milestone by completing his PhD in viral immunology from the University of Nebraska–Lincoln, USA, at the age of 24. He later joined Harvard Medical School, part of Harvard University, where he continues his advanced research in immunology.

With a strong foundation in scientific research, Dr Lasrado has authored over 20 research papers in internationally acclaimed journals such as the New England Journal of Medicine, Science, and Scientific Reports (Nature group). His work has earned him numerous awards and fellowships, recognizing his contributions to health science.

His academic journey began at Sudana Residential School, followed by PUC at Ambika PU College, and a bachelor’s degree in biotechnology from St Aloysius College, Mangaluru.

Dr Lasrado is a member of Mai De Deus Church, Puttur, and is the son of Stella Sequeira and Dr H R Lasrado, retired deputy director of the Karnataka Animal Husbandry Department. The family currently resides in Puttur.

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News Network
May 11,2025

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Amid the ongoing border tension with Pakistan, the Punjab Police in India arrested two individuals on espionage charges. They allegedly leaked sensitive information and photographs of Army cantonment areas and Air Bases in Amritsar, said the police on Sunday.

The two persons were identified as Palak Sher Masih and Suraj Masih. They were arrested in a significant counter-espionage operation by the Amritsar Rural Police.

Director General of Police Gaurav Yadav wrote on X, "Malerkotla Police apprehends two individuals for their alleged involvement in espionage activities linked to a Pakistani official posted at the High Commission, New Delhi.

"Acting on credible intelligence, one suspect was arrested for leaking sensitive information regarding Indian Army movements to a Pakistan-based handler. Based on disclosures made during interrogation, a second conduit was also identified and taken into custody.

"Preliminary investigation reveals that the accused had been receiving payments through online transactions in exchange for classified information. They were in frequent contact with the handler and were involved in channeling funds to other local operatives as per his instructions. Two mobile phones have been recovered, and an FIR has been registered."

The police said further investigation will be undertaken as per established protocol, with a focus on tracing the financial trail and identifying additional operatives and linkages within the network.

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News Network
May 15,2025

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Riyadh: Dismantling years of US government policy of treating Syria like a pariah, President Donald Trump on Wednesday met Syria's interim president, Ahmad al-Sharaa-- former leader of a rebel group Hay'at Tahrir al-Sham (HTS), which was an offshoot of al-Qaeda and designated as a terrorist organisation by the American government. The meeting was held in Riyadh at the request of Saudi Arabia's Crown Prince Mohammed bin Salman, a day after President Trump lifted sweeping sanctions against Syria, which the US began imposing in 1979.

After the meeting, Trump, who often judges people based on how they look, suggested that al-Sharaa has a "real shot at doing a good job" with war-torn Syria. He also called the former terrorist a "young, attractive, tough guy" with a "very strong" past. 

Speaking to reporters on Air Force One, he said al-Sharaa is a “young, attractive guy. Tough guy. Strong past. Very strong past. Fighter.”

“He's got a real shot at holding it together."

Trump said he spoke with Turkish President Recep Tayyip Erdoğan, "who is very friendly with him. He feels he's got a shot of doing a good job. It's a torn-up country.”

Trump is the first US president to meet a Syrian leader in a quarter of a century, and urged the onetime jihadist to normalise ties with Israel. He, however, gave no indication that the United States would remove Syria from its blacklist of state sponsors of terrorism -- a designation dating back to 1979 over support to Palestinian militants that severely impedes investment.

But the US president's offer to lift sanctions on Syria, mostly imposed during the repressive rule of ousted president Bashar al-Assad, comes as a major boost to the war-ravaged country, still getting to grips with Sharaa's December toppling of Assad.

Why Meeting Raised Eyebrows?

The meeting between the two leaders raised eyebrows globally due to al-Sharaa's murky past. Previously known as Abu Mohammad al-Julani, al-Sharaa was linked to the terror group al-Qaeda and fought against US forces in Iraq, and had even spent years in American custody. However, the former jihadist has abandoned his nom de guerre Abu Mohammed al-Jolani, trimmed his beard and donned a suit and tie to receive foreign dignitaries since ousting Assad from power on December 8, 2024.

He was later appointed to lead Syria for an unspecified transitional period, and has been tasked with forming an interim legislature after the dissolution of the Assad era parliament and the suspension of the 2012 constitution.

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