Indians Boycott Turkey: Tourism Falls 37% Over Ankara's Support To Pakistan During Operation Sindoor
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Hans India
4 minutes ago
- Hans India
New India has the courage to crush the perpetrators of terror
Varanasi: Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that Prime Minister Narendra Modi's visit to Varanasi comes at a time when both India and the world have witnessed the country's strength and capabilities through the successful execution of Operation Sindoor. Referring to the military operation in response to the April 22 Pahalgam terror attack, Adityanath said, 'This New India has the courage to crush the perpetrators of terror into the ground and eliminate enemies by entering their territory. 'Prime Minister Modi's arrival in Kashi today follows the triumph of Operation Sindoor. On behalf of the people of Uttar Pradesh, I welcome and congratulate the prime minister.' Highlighting Modi's global stature, the chief minister said, 'He is the world's most popular leader. In recent days, you must have seen how four different countries awarded their highest civilian honours to Prime Minister Modi.' Adityanath also underlined the pride that Varanasi, or Kashi, takes for being represented by Modi as its Member of Parliament. 'It is a matter of immense pride that Prime Minister Modi represents 'Avinashi Kashi' (indestructible city of Kashi) in Parliament. Over the last 11 years, Kashi has emerged as a unique confluence of the ancient and the new -- a blend of spirituality and modernity that continues to draw global attention.' He also pointed out that Modi's presence in his home constituency for the 51st time is unprecedented for any prime minister. 'So far, the prime minister has inaugurated projects worth Rs 34,000 crore out of the Rs 51,000 crore sanctioned for Varanasi in recent years,' he said. Adityanath added that during his visit on Saturday, Modi would launch development projects worth another Rs 2,200 crore for the people of Kashi. These include initiatives in connectivity, water supply, education, healthcare, sports, cultural rejuvenation, and all-round regional development, the chief minister said.
Economic Times
4 minutes ago
- Economic Times
'India not needed...': Finfluencer Akshat Shrivastava shares why the next 10 years will be tough for Indian stock markets
Synopsis Akshat Shrivastava warns that Indian stock markets may face challenges due to India's limited role in the global AI race. He argues that India lacks the advantages of cost-effectiveness or a premium consumer base, hindering its participation in the AI-driven economic transformation. This innovation gap, according to Shrivastava, will negatively impact India's relative economic standing and stock market performance. Agencies Indian markets Finance educator and content creator Akshat Shrivastava has said that Indian stock markets could face a challenging next decade, arguing that India does not have a meaningful role in the global artificial intelligence (AI) race. Shrivastava linked India's future economic and market performance to its relative position in global technological began by stating that economies are shaped by innovation cycles. From Dutch shipbuilding and the UK's Industrial Revolution to US-led factory automation, he said each major economic shift has been led by disruptive technology. 'Wealth does not appear out of thin air. It is systematically build on the back of technological innovation,' he to him, AI is now becoming that next core innovation shaping the global economy—comparable to the internet boom of the late 1990s. AI is driving transformations in energy, manufacturing, learning, and computing, he said, adding that with tools like large language models (LLMs), 'anyone can technically reap the benefits of coding, without being a coder.'Explaining the global innovation structure, Shrivastava referenced the 'hub and spoke' model, where a few countries act as innovation hubs while others operate as peripheral beneficiaries. In the past, India benefited from this structure by becoming a spoke in the US-led IT outsourcing boom. — Akshat_World (@Akshat_World) However, Shrivastava suggested India is missing out in the current wave. 'China and US: are in a AI race. China has already built massive energy reserves (US is catching up). US has already built massive tech reserves (and one could argue China is catching up). This is the new arms race,' he wrote. Shrivastava raised a direct question: 'Why is India needed in this AI race?' He dismissed three possible advantages—data harvesting, cost-effective infrastructure, and a large consumer market—as either already exhausted or ineffective in India's case.'Can we lower the cost for AI infrastructure? (we have very high cost of energy and poor leakages in infra; so we can't). We can't build giga-factories. This is the reason why our manufacturing sucks,' he wrote. On the demand side, he pointed out that 'getting users to pay 20$/month is a challenge for LLMs right now.'According to Shrivastava, India lacks both a cost advantage like China and a premium-paying consumer base like the US. 'So where does India fit in the AI race?' he asked, answering that the country may see isolated economic success stories but will fall behind in global comparison.'Now of course: as the world becomes more productive. India will benefit too. That's obvious. Standard of living will improve. But, 'compared' to other countries, it will fall,' he said. He blamed 'decades of regressive economic policies, unnecessary pride and inability to look at things rationally' for the current concluded that this innovation gap will reflect in the markets. 'All this will reflect into the stock market. There is a reason why since 2020: FIIs have been consistently existing our markets,' he said, referring to foreign institutional investors reducing their positions in India. (Disclaimer: This article is based on a user-generated post on X for informational purposes. has not independently verified the claims made in the post and does not vouch for their accuracy. The views expressed are those of the individual and do not necessarily reflect the views of Reader discretion is advised.)
Economic Times
4 minutes ago
- Economic Times
PCB issues 'blanket ban' on future participation in WCL
Agencies Pakistan players in WCL The Pakistan Cricket Board (PCB) on Sunday announced a blanket ban on its players' participation in future editions of the World Championship of Legends (WCL), accusing the tournament organisers of being "biased" and lacking sporting integrity. The decision follows a sequence of events in which the Indian team forfeited both their group-stage clash and semifinal against Pakistan, citing the country's stand against bilateral sporting ties with the neighbouring country after the gruesome Pahalagam terror attack. "The Pakistan Cricket Board (PCB) announces that it is issuing a blanket ban from future participation in the World Championship of Legends (WCL)," the PCB said in a statement after its board of governors meeting held virtually under the chairmanship of Mohsin Naqvi. The PCB also took strong exception to the WCL's decision to award points to India despite the forfeiture, calling it "tainted with hypocrisy and bias." India and Pakistan had been slated to meet in the group stage, but the Indian side -- featuring Shikhar Dhawan, Yuvraj Singh, Irfan Pathan, Suresh Raina, and Harbhajan Singh -- refused to play, citing national sentiment following the terror attack and India's subsequent 'Operation Sindoor'. With India also pulling out of the semifinal, Pakistan advanced directly to the final. "The PCB reviewed with considerable disappointment WCL's appalling conduct of awarding points to a willfully forfeiting team, and the content of the press releases of the WCL announcing the cancellation of the scheduled India vs. Pakistan legends matches, which were tainted with hypocrisy and bias." Criticising the tournament's handling of the situation, the PCB said, "The cancellation was not based on cricketing merit but on appeasing a specific nationalistic narrative. This sends an unacceptable message to the international sporting community." The board further stated that it could not allow its players to participate in events where "the spirit of the game is overshadowed by skewed politics that undermine the very essence of sportsmanship and the gentleman's game." The WCL, which is co-owned by Bollywood actor Ajay Devgn, had earlier issued an apology for "hurting the feelings of many and stirring emotions" following the cancellation of the group stage match. "We sincerely apologise again for hurting the sentiments and hope people will understand that all we ever wanted was to bring a few happy moments to the fans," the WCL had said. The PCB, however, termed the apology "farcical," accusing the organisers of caving to "a specific nationalistic narrative." "The WCL's apology for "hurting the sentiments", whilst being farcical, inadvertently acknowledges that the cancellation was not based on cricketing merit, but rather on succumbing to a specific nationalistic narrative," the PCB said. "This bias, masquerading as sensitivity, sends an unacceptable message to the international sporting community." PCB said it had no choice but to implement the ban. "In light of this unfortunate development, which underscores a clear and intolerable pattern of external influence and a disregard for the principles of sporting neutrality, the Pakistan Cricket Board is compelled to take a firm stance. "The PCB can no longer condone participation in an event where the fundamental principles of fair play and unbiased administration are compromised by external pressures," it added. Sources in the know of things have indicated that WCL's Indian promoters were already considering dropping the Pakistan team from future editions of the tournament.
