Connect with us
Tuesday,24-June-2025
Breaking News

Business

Brazilian govt downgrades 2021 GDP expansion forecast to 5.1%

Published

on

GDP

The Brazilian government lowered its forecast for economic expansion this year to 5.1 from 5.3 per cent, while raising its inflation forecast to 9.7 from 7.9 per cent.

The Secretariat of Economic Policy at the Ministry of Economy said in a report that the lower gross domestic product (GDP) growth forecast and the inflation hike were the result of a worsening international situation, due in part to the energy crisis affecting some European countries and the breakdown of production chains that are affecting demand and production.

For 2022, the government also lowered economic growth projections from 2.5 to 2.1 per cent, while estimated inflation went from 3.75 to 4.7 per cent, Xinhua news agency reported.

“The strength of the labor market recovery is sufficient to guarantee growth above 2 per cent (for both 2021 and 2022),” the Brazilian government said on Wednesday.

“With the recovery of informal employment, we expect the participation rate and the level of employment to return to historical levels and help the country grow at the projected rate,” it added.

According to financial market projections, Brazil’s GDP will grow 4.88 per cent in 2021 and 0.93 per cent in 2022, while inflation rate will be 9.77 per cent in 2021 and 4.79 per cent in 2022.

International

Operation Sindhu: 219 Indian nationals from Iran, 161 from Israel arrive in Delhi

Published

on

New Delhi, June 24: A total of 380 Indian nationals — 219 from Iran and 161 from Israel — arrived safely in New Delhi on Tuesday as part of the government’s ongoing Operation Sindhu, the Ministry of External Affairs (MEA) confirmed.

With the latest arrival, India has now brought back 2,295 of its citizens from Iran amid the escalating conflict in the Middle East.

The Israel leg of the operation, which began on Monday via Jordan, marked its first successful repatriation flight, with 161 citizens landing in New Delhi from Amman on Tuesday morning.

The MEA posted on X, “292 Indian nationals were evacuated from Iran on a special flight that arrived in New Delhi from Mashhad at 0330 hrs on June 24. 2295 Indian nationals have now been brought home from Iran.”

In another post, the ministry added, “The Israel leg of Operation Sindhu began on June 23, 2025, bringing home the first group of 161 Indian nationals from Israel. They safely arrived in New Delhi today at 0820 hrs from Amman, Jordan.”

Union Minister of State for External Affairs Pabitra Margherita personally received the group at the airport.

Speaking to media, he said, “I am very happy to welcome the first batch of 161 Indian nationals evacuated from Israel. This group has safely arrived just a short while ago at New Delhi airport.”

“We are closely monitoring the situation and are committed to providing all possible and necessary assistance to our citizens in Iran and Israel. Under Operation Sindhu, all the nationals are arriving safely,” the MoS added.

Many of the evacuees expressed gratitude to the Indian government for ensuring their safe return under dangerous circumstances.

“The situation was very bad in Haifa, especially after the US strikes. However, we are thankful that the Indian government did everything to bring us back safe,” said one evacuee from Israel.

“The MEA has done a great job. The transition was very smooth, and I express my gratitude to the ministry for making our transportation very comfortable,” another added.

An elderly passenger shared his traumatic experience: “I went to Israel a month ago. One day, while I was driving, attacks began. I panicked and hid behind a bush. The attacks were almost continuous. I couldn’t sleep. I thank the MEA for bringing us back.”

From Iran, similar voices of appreciation were heard.

“Despite everything going on, the Indian Embassy made every possible effort to keep us safe and comfortable. I thank the Government of India and the MEA for what they have done for us,” said one returnee.

“I was among the few Indian nationals who were able to get out of there so easily. The Mashhad Airport opened only for Indian nationals. This shows the stance of our country and the diplomacy of the Modi government,” another said.

“The embassy officials were taking care of us, ensuring we had water, food, and accommodation. We are thankful for making everything safe and comfortable,” another Indian national who was evacuated from Iran said.

Operation Sindhu continues to be a crucial mission aimed at evacuating Indian nationals from conflict-hit regions, reaffirming the government’s priority to safeguard its citizens abroad.

Continue Reading

National

Maharashtra govt signs MoU with CEGIS to boost social governance

Published

on

Mumbai, June 23: A five-year MoU was signed on Monday between the Maharashtra government, Chief Minister’s Office (CMO) and CEGIS (Centre for Effective Governance of Indian States) to enhance data-driven governance and policy delivery across the state.

This was done at the meeting chaired by Chief Minister Devendra Fadnavis on strengthening the ‘CMO Social Sector War Room’. During the signing ceremony, CEGIS Chief Executive Officer Dr. Vijay Pingle and other senior officials were present.

“This partnership will enable stronger governance systems, Data-driven decision-making, technical and policy support state government and more effective decisions & implementation across departments,” said the chief Ministers office in its post on X.

“The MOU will provide technical, analytical, and strategic support to effectively implement schemes, initiatives, and measures in the social sector. A ‘Decision Support System’ (DSS) will be developed for the Chief Minister’s Office, which will promote data-driven decision-making processes. The system will be integrated with the War Room mechanism, enabling the measurement of scheme progress based on national and international benchmarks. These systems will be utilized to reduce discrepancies in information and enhance the quality of citizen feedback through efficient monitoring,” said the chief Ministers office.

CM Fadnavis stated that a tracking system for the implementation of social schemes will prove extremely beneficial. “The MoU will enhance strategic capacity and make transparency and accountability in service delivery more effective,” he added.

Continue Reading

International

Iran strikes Israel with fresh missile attack hours after Trump’s ceasefire claim

Published

on

Tel Aviv, June 24: Hours after US President Donald Trump declared a ceasefire had been achieved, Israel sounded missile sirens and urged citizens to take shelter following new strikes launched from Iran.

The Israel Defense Forces (IDF) confirmed incoming missile threats, stating that defensive units were actively working to intercept them.

Emergency services reported that a ballistic missile had hit a building in Beersheba.

While no immediate injuries were recorded, Magen David Adom confirmed that teams had been deployed to the scene to assess the impact.

The missile barrage came shortly after Iran’s announcement that it had halted all military operations against Israel as of 4 a.m. local time.

However, Iranian authorities also clarified that their ceasefire was conditional — dependent on Israel ceasing its own military actions.

This apparent contradiction followed Trump’s assertion on his social media platform, Truth Social, that a ceasefire had been reached.

He made the claim after Iran fired missiles at US military bases in Qatar. Trump posted that both Israel and Iran had agreed to halt hostilities.

However, Tehran swiftly denied receiving any formal ceasefire agreement or proposal from the United States. Iran’s Foreign Minister reiterated that Israel had initiated the war and added that Tehran had paused its military operations from 4 a.m. local time, contingent on reciprocal de-escalation from Tel Aviv. Israel has not issued any official response to Trump’s ceasefire announcement.

The conflict between Iran and Israel, now in its 12th day, began after Israel launched “Operation Rising Lion,” targeting Iranian military and nuclear infrastructure.

Since then, the region has seen continuous missile exchanges between the two nations. Iran has reportedly suffered approximately 400 casualties, while Israel has recorded around 24 deaths.

The situation intensified further when the US entered the conflict, launching precision strikes on three major Iranian nuclear facilities –Fordow, Natanz, and Esfahan — prompting heightened alerts across the Middle East.

Continue Reading

Trending