General Affairs
US Supports India's Membership to Missile Technology Control Regime
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WASHINGTON, UNITED STATES: The US has supported India's entry into the Missile Technology Control Regime (MTCR) that would enable it to share sensitive missile technologies like armed drone with New Delhi.
"The US side affirms its support for India's membership in the Missile Technology Control Regime at its upcoming plenary, the Nuclear Suppliers Group, and in the other global nonproliferation export control regimes," said a joint statement issued at the conclusion of the India-US Strategic and Commercial Dialogue at the State Department yesterday.
Early this year, India had formally applied for the membership of MTCR, a club of 34 countries that controls trade in missile and space technology.
A membership of MTCR would bring India closer to technology control regimes that it had fought and worked around for decades to build its missile and space programmes.
The next plenary of MTCR is schedule to held now. Building on the conclusion of their 10-year Defence Framework Agreement, both sides expressed satisfaction with progress on Defence Technology and Trade Initiative pathfinder projects, including the establishment of the Working Groups on Aircraft Carrier Technology and Jet Engine, and the growing cooperation between US and Indian defence industries through the 'Make in India' initiative.
Defence Minister Manohar Parrikar is expected to visit the US this fall.
Honoring the memory of victims of terrorism from around the globe, including citizens of India and the US on 26/11 and on 9/11, the two sides resolved to deepen cooperation to prevent terrorism, endorsing a Joint Declaration on Combating Terrorism to expand their partnership, it said.
WASHINGTON, UNITED STATES: The US has supported India's entry into the Missile Technology Control Regime (MTCR) that would enable it to share sensitive missile technologies like armed drone with New Delhi."The US side affirms its support for India's membership in the Missile Technology Control Regime at its upcoming plenary, the Nuclear Suppliers Group, and in the other global nonproliferation export control regimes," said a joint statement issued at the conclusion of the India-US Strategic and Commercial Dialogue at the State Department yesterday.
A membership of MTCR would bring India closer to technology control regimes that it had fought and worked around for decades to build its missile and space programmes.
The next plenary of MTCR is schedule to held now. Building on the conclusion of their 10-year Defence Framework Agreement, both sides expressed satisfaction with progress on Defence Technology and Trade Initiative pathfinder projects, including the establishment of the Working Groups on Aircraft Carrier Technology and Jet Engine, and the growing cooperation between US and Indian defence industries through the 'Make in India' initiative.
Defence Minister Manohar Parrikar is expected to visit the US this fall.
Honoring the memory of victims of terrorism from around the globe, including citizens of India and the US on 26/11 and on 9/11, the two sides resolved to deepen cooperation to prevent terrorism, endorsing a Joint Declaration on Combating Terrorism to expand their partnership, it said.
PM Modi's Trip to Help Showcase Indians' Contributions: Ami Bera
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WASHINGTON, UNITED STATES: Prime Minister Narendra Modi's visit to the Silicon Valley this week would help showcase achievements and contribution of Indians and Indian-Americans to the technology industry, a top American lawmaker has said.
"This trip to Silicon Valley will help showcase the exciting contributions Indians and Indian-Americans make to the US technology industry," Congressman Ami Bera, Co-Chair of the Congressional Caucus for India and Indian Americans, said.
Mr Bera, who is the only Indian-American Congressman in the current Congress, said that under PM Modi's leadership, the bilateral relationship has been revitalised and India has undergone a domestic transformation while engaging with the world and continuing to serve as a democratic model.
"Your visit to the United States provides an opportunity to reflect on the effects your leadership has had on the US-India relationship over the last year," he said.
"We applaud your and President (Barack) Obama's commitment to the strategic partnership which has already led to several accomplishments including the Delhi Declaration of Friendship, the adoption of a Joint Strategic Vision for Asia and Pacific and Indian Ocean region, and the announcement of renewal of the 10-year Defence Cooperation Agreement," he said in a letter to the Prime Minister.
Close India-US collaboration has led to progress in several areas including counter-terrorism, non-proliferation, cyber-security, science and technology, knowledge economy, energy, space, and health to name just a few, he said.
"We are excited to see how it progresses in the near future for both countries. Additionally, your decision to open up domestic markets to foreign direct investment has helped grow US investment into India to USD 28 billion. And at the same time, trade between our countries has reached about USD 120 billion," Mr Bera wrote in the letter.
"We look forward to your upcoming trip to California, which marks the first time an Indian head of government has visited the Golden State in 33 years," he said. Mr Bera said it was clear that PM Modi's last trip to the US provided the momentum needed to refocus the US-India ties.
"We are hopeful that your second visit will lead to the continuation and deepening of the Indian investment into the US economy, as well as the use of US technological knowledge to drive more development in India," he said.
"What has cemented the renewed bilateral commitment is the maturity of the relationship," he said, adding this has been reflected at the highest levels, with PM Modi and President Obama driving the relationship, and at the citizen-to-citizen level.
The US has greatly benefited from the contribution of millions of Indians and Indian-Americans living here. These people-to-people relationships will ensure that our partnership will only flourish for years to come, he added.
WASHINGTON, UNITED STATES: Prime Minister Narendra Modi's visit to the Silicon Valley this week would help showcase achievements and contribution of Indians and Indian-Americans to the technology industry, a top American lawmaker has said."This trip to Silicon Valley will help showcase the exciting contributions Indians and Indian-Americans make to the US technology industry," Congressman Ami Bera, Co-Chair of the Congressional Caucus for India and Indian Americans, said.
"Your visit to the United States provides an opportunity to reflect on the effects your leadership has had on the US-India relationship over the last year," he said.
"We applaud your and President (Barack) Obama's commitment to the strategic partnership which has already led to several accomplishments including the Delhi Declaration of Friendship, the adoption of a Joint Strategic Vision for Asia and Pacific and Indian Ocean region, and the announcement of renewal of the 10-year Defence Cooperation Agreement," he said in a letter to the Prime Minister.
Close India-US collaboration has led to progress in several areas including counter-terrorism, non-proliferation, cyber-security, science and technology, knowledge economy, energy, space, and health to name just a few, he said.
"We are excited to see how it progresses in the near future for both countries. Additionally, your decision to open up domestic markets to foreign direct investment has helped grow US investment into India to USD 28 billion. And at the same time, trade between our countries has reached about USD 120 billion," Mr Bera wrote in the letter.
"We look forward to your upcoming trip to California, which marks the first time an Indian head of government has visited the Golden State in 33 years," he said. Mr Bera said it was clear that PM Modi's last trip to the US provided the momentum needed to refocus the US-India ties.
"We are hopeful that your second visit will lead to the continuation and deepening of the Indian investment into the US economy, as well as the use of US technological knowledge to drive more development in India," he said.
"What has cemented the renewed bilateral commitment is the maturity of the relationship," he said, adding this has been reflected at the highest levels, with PM Modi and President Obama driving the relationship, and at the citizen-to-citizen level.
The US has greatly benefited from the contribution of millions of Indians and Indian-Americans living here. These people-to-people relationships will ensure that our partnership will only flourish for years to come, he added.
US to Help Provide Skills Training to 400 Million Indians
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WASHINGTON, UNITED STATES: In a boost to India's ambitious skill development programme, the United States will collaborate with it on a number of education-related projects to help the country achieve its goal of providing such training to 400 million people in the next decade.
"We recognise that higher education and vocational training are essential to economic development, and we remain committed to strengthening our exchanges of students, scholars, and technical knowledge," the State Department yesterday said.
The new six-week Community College Administrator Program, sponsored by the Department of State's Bureau of Educational and Cultural Affairs, started on September 20 this year, the US said.
Through this programme, Indian administrators from post-secondary vocational and technical institutions and Indian officials with higher education planning responsibilities intend to complete a program of professional development with Florida State University and Santa Fe College.
The US has also announced a study tour for officials from Indian state-level skills development entities to study the US network of community colleges with the objective of developing expertise and contacts to help the state build a more effective vocational education system.
Building on its long-standing partnership and support for the Indian Institutes of Technology (IITs), the US Agency for International Development (USAID) has said that it intends to partner with Duke University and Research Triangle International to support the Indian Institute of Technology - Gandhinagar.
By convening the expertise of US higher education institutions, USAID is advancing the goal of the January 2015 bilateral Joint Declaration of Intent on Providing Support to IITs to intensify collaborations in research and development and its engagement with industry and entrepreneurship, the State Department said.
Working with the Global Initiative of Academic Networks (GIAN) program of the Ministry of Human Resources Development, the US said its intention is to pursue the expansion of the USIEF-administered Fulbright specialist programme in 2016, to allow more American professors the opportunity to conduct trainings and workshops in Indian institutes of higher education and advance our shared goal of increased technical exchanges.
The Confederation of Indian Industry (CII) and American National Standards Institute (ANSI) yesterday also signed a memorandum of understanding to foster Indo-US cooperation on standards and conformity assessment.
The MoU would cover areas such as smart cities and infrastructure, renewable energy, water and sanitation while also enhancing the scope of the Standards Portal that was created by both organisations in partnership with the Indian Bureau of Industrial Standards in 2007, said Joe Bhatia, president of ANSI.
WASHINGTON, UNITED STATES: In a boost to India's ambitious skill development programme, the United States will collaborate with it on a number of education-related projects to help the country achieve its goal of providing such training to 400 million people in the next decade."We recognise that higher education and vocational training are essential to economic development, and we remain committed to strengthening our exchanges of students, scholars, and technical knowledge," the State Department yesterday said.
The new six-week Community College Administrator Program, sponsored by the Department of State's Bureau of Educational and Cultural Affairs, started on September 20 this year, the US said.
The US has also announced a study tour for officials from Indian state-level skills development entities to study the US network of community colleges with the objective of developing expertise and contacts to help the state build a more effective vocational education system.
Building on its long-standing partnership and support for the Indian Institutes of Technology (IITs), the US Agency for International Development (USAID) has said that it intends to partner with Duke University and Research Triangle International to support the Indian Institute of Technology - Gandhinagar.
By convening the expertise of US higher education institutions, USAID is advancing the goal of the January 2015 bilateral Joint Declaration of Intent on Providing Support to IITs to intensify collaborations in research and development and its engagement with industry and entrepreneurship, the State Department said.
Working with the Global Initiative of Academic Networks (GIAN) program of the Ministry of Human Resources Development, the US said its intention is to pursue the expansion of the USIEF-administered Fulbright specialist programme in 2016, to allow more American professors the opportunity to conduct trainings and workshops in Indian institutes of higher education and advance our shared goal of increased technical exchanges.
The Confederation of Indian Industry (CII) and American National Standards Institute (ANSI) yesterday also signed a memorandum of understanding to foster Indo-US cooperation on standards and conformity assessment.
The MoU would cover areas such as smart cities and infrastructure, renewable energy, water and sanitation while also enhancing the scope of the Standards Portal that was created by both organisations in partnership with the Indian Bureau of Industrial Standards in 2007, said Joe Bhatia, president of ANSI.
Shiv Sena Backs RSS Chief's Views on Reservation, Takes a Dig at Ally BJP
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MUMBAI, MAHARASHTRA: Welcoming the call for review of reservation policy by Rashtriya Swayamsevak Sangh (RSS) chief, Mohan Bhagwat, the Shiv Sena, today took a dig at the BJP for rushing to disown the views of its ideological mentor, showing their vulnerability in the upcoming Bihar elections, in an editorial.
"Political parties who call themselves as saviours of the victimised class have vehemently opposed Bhagwat's comments. While attacking Bhagwat, they have their eye set on Bihar polls. Even the BJP called a hurried press meet and distanced itself away from his comments. It seems that the politics of Bihar must have been behind BJP's response to Bhagwat," said the editorial in Sena's mouthpiece, 'Saamana'.
The Sena, which has been critical of the BJP for trying to push the land acquisition bill, said that the insistence for pushing the bill has portrayed an "anti-farmer" image for the party.
The editorial said, "At such a time, has the fear of an electoral jolt in the midst of Dalit-Maha Dalit politics forced the BJP to distance itself from RSS chief's statements? Questions have now been raised over BJP's attitude towards the RSS."
Claiming that Babasaheb Ambedkar, the father of the Indian Constitution, too had called for a review of the reservation guaranteed by the Constitution after 10 years, depending upon the prevailing circumstances, the RSS chief had only supported the Dalit icon's views.
"BJP has distanced from Bhagwat's views for political reasons. But we (Sena) have nothing to do with it. Bhagwat has only said what people feel and we welcome his stand," said the editorial.
Earlier this week, in an interview to Sangh journals, 'Organiser' and 'Panchjanya', Mr Bhagwat had held that the issue of reservation has been used for political ends and suggested setting up of an apolitical committee to examine as to which categories require it and for how long.
Shiv Sena is an alliance partner in the BJP led National Democratic Alliance at the Centre, and the BJP led Maharashtra government as well.
MUMBAI, MAHARASHTRA: Welcoming the call for review of reservation policy by Rashtriya Swayamsevak Sangh (RSS) chief, Mohan Bhagwat, the Shiv Sena, today took a dig at the BJP for rushing to disown the views of its ideological mentor, showing their vulnerability in the upcoming Bihar elections, in an editorial."Political parties who call themselves as saviours of the victimised class have vehemently opposed Bhagwat's comments. While attacking Bhagwat, they have their eye set on Bihar polls. Even the BJP called a hurried press meet and distanced itself away from his comments. It seems that the politics of Bihar must have been behind BJP's response to Bhagwat," said the editorial in Sena's mouthpiece, 'Saamana'.
The editorial said, "At such a time, has the fear of an electoral jolt in the midst of Dalit-Maha Dalit politics forced the BJP to distance itself from RSS chief's statements? Questions have now been raised over BJP's attitude towards the RSS."
Claiming that Babasaheb Ambedkar, the father of the Indian Constitution, too had called for a review of the reservation guaranteed by the Constitution after 10 years, depending upon the prevailing circumstances, the RSS chief had only supported the Dalit icon's views.
"BJP has distanced from Bhagwat's views for political reasons. But we (Sena) have nothing to do with it. Bhagwat has only said what people feel and we welcome his stand," said the editorial.
Earlier this week, in an interview to Sangh journals, 'Organiser' and 'Panchjanya', Mr Bhagwat had held that the issue of reservation has been used for political ends and suggested setting up of an apolitical committee to examine as to which categories require it and for how long.
Shiv Sena is an alliance partner in the BJP led National Democratic Alliance at the Centre, and the BJP led Maharashtra government as well.
Jammu and Kashmir Sounds Alert as Jhelum Breaches Danger Mark
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SRINAGAR: Jammu and Kashmir today sounded an alert for people living in low-lying areas and along banks of river Jhelum, after water level crossed the flood declaration level of 21 feet, at Sangam in south Kashmir due to continuous rains.
"The habitation along the embankments of river Jhelum / Nallahs (streams) and low-lying areas of south and central Kashmir are advised to remain vigilant," an order issued by the Chief Engineer of Irrigation and Flood Control stated this morning.
The gauge at Sangam in Anantnag district had crossed the flood declaration level of 21 feet due to continuous rains since Monday evening, the official said.
In view of the situation, the staff on flood duty in south and central Kashmir have been asked to report to their respective beats.
The Valley witnessed continuous rains since Monday with some upper reaches receiving fresh snowfall.
During the last 24 hours, Srinagar received 38 mm rainfall, a MET Department official said.
Qazigund, in south Kashmir, received 127.8 mm of rainfall from yesterday morning till 8:30 am today. Kokernag (105.6 mm) and Pahalgam (60.4 mm) are the other areas which received heavy rains during the last 24 hours.
Kupwara, in north Kashmir, received 45.1 mm rainfall and Gulmarg received 58 mm rains since yesterday, the official said.
Though it has stopped raining in most parts of the Valley, thick clouds continue to hover the sky. The MeT department, however, has predicted improvement in weather from this afternoon.
Meanwhile, a police spokesman said six residential houses were washed away, while three others suffered damages due to flash floods in Kulgam district of south Kashmir.
Six residential houses were washed away and three other houses were partially damaged in the flash floods in Laisoo area of Devsar, the spokesman said.
He said police have shifted the affected people to safer places.
SRINAGAR: Jammu and Kashmir today sounded an alert for people living in low-lying areas and along banks of river Jhelum, after water level crossed the flood declaration level of 21 feet, at Sangam in south Kashmir due to continuous rains."The habitation along the embankments of river Jhelum / Nallahs (streams) and low-lying areas of south and central Kashmir are advised to remain vigilant," an order issued by the Chief Engineer of Irrigation and Flood Control stated this morning.
In view of the situation, the staff on flood duty in south and central Kashmir have been asked to report to their respective beats.
The Valley witnessed continuous rains since Monday with some upper reaches receiving fresh snowfall.
During the last 24 hours, Srinagar received 38 mm rainfall, a MET Department official said.
Qazigund, in south Kashmir, received 127.8 mm of rainfall from yesterday morning till 8:30 am today. Kokernag (105.6 mm) and Pahalgam (60.4 mm) are the other areas which received heavy rains during the last 24 hours.
Kupwara, in north Kashmir, received 45.1 mm rainfall and Gulmarg received 58 mm rains since yesterday, the official said.
Though it has stopped raining in most parts of the Valley, thick clouds continue to hover the sky. The MeT department, however, has predicted improvement in weather from this afternoon.
Meanwhile, a police spokesman said six residential houses were washed away, while three others suffered damages due to flash floods in Kulgam district of south Kashmir.
Six residential houses were washed away and three other houses were partially damaged in the flash floods in Laisoo area of Devsar, the spokesman said.
He said police have shifted the affected people to safer places.
Business Affairs
Sensex rebounds 171 pts at close after two days of falls
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The stock markets rose on Wednesday as investors selectively picked up stocks such as HDFC Bank that had been hit hard in the previous session when indexes fell more than 2 per cent.
Still, sentiment remained broadly cautious after a private survey showed activity in China's factory sector shrank for a seventh straight month to its weakest level in 6-1/2 years.
Caution ahead of the expiry of derivatives contracts on Thursday and the Reserve Bank of India's policy review next week also weighed on sentiment.
Also raising concerns are signs of heavy selling by foreign investors in emerging markets ahead of likely US Federal Reserve rate hike later this year. Overseas funds have sold a net $352.59 million in shares so far in September after record monthly sales in August.
"The stability in currency and inflow of money into emerging markets need to be watched. Current players are withdrawing from all EMs, including India," Deven Choksey, managing director of K. R. Choksey Securities, said.
The S&P Bombay Stock Exchange Sensex rose 171.15 points to end at 25,822.99.
The broader Nifty gained 33.95 points or 0.43 per cent to close at 7,845.95.
Both indexes had fallen more than 2 per cent on Tuesday to post their biggest single-day falls since September 4 and a second consecutive losing session.
Some of the shares hit hard on Tuesday were among the leading gainers on Wednesday.
ICICI Bank rose 1.20 per cent after slumping 3.1 per cent on Tuesday, while HDFC Bank gained 2.17 per cent after falling 2.1 per cent in the previous session.
Cigarette maker ITC rose 1.71 per cent after falling 3.1 per cent over the previous three sessions.
The stock markets rose on Wednesday as investors selectively picked up stocks such as HDFC Bank that had been hit hard in the previous session when indexes fell more than 2 per cent.
Still, sentiment remained broadly cautious after a private survey showed activity in China's factory sector shrank for a seventh straight month to its weakest level in 6-1/2 years.
Caution ahead of the expiry of derivatives contracts on Thursday and the Reserve Bank of India's policy review next week also weighed on sentiment.
Also raising concerns are signs of heavy selling by foreign investors in emerging markets ahead of likely US Federal Reserve rate hike later this year. Overseas funds have sold a net $352.59 million in shares so far in September after record monthly sales in August.
"The stability in currency and inflow of money into emerging markets need to be watched. Current players are withdrawing from all EMs, including India," Deven Choksey, managing director of K. R. Choksey Securities, said.
The S&P Bombay Stock Exchange Sensex rose 171.15 points to end at 25,822.99.
The broader Nifty gained 33.95 points or 0.43 per cent to close at 7,845.95.
Both indexes had fallen more than 2 per cent on Tuesday to post their biggest single-day falls since September 4 and a second consecutive losing session.
Some of the shares hit hard on Tuesday were among the leading gainers on Wednesday.
ICICI Bank rose 1.20 per cent after slumping 3.1 per cent on Tuesday, while HDFC Bank gained 2.17 per cent after falling 2.1 per cent in the previous session.
Cigarette maker ITC rose 1.71 per cent after falling 3.1 per cent over the previous three sessions.
Stocks in news: Dishman Pharma, Sterlite and more
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Recovering from previous two days' losses, the benchmark Bombay Stock Exchange (BSE) Sensex closed 171.15 points up on Wednesday on value buying amid weak European markets and lingering global growth worries.
The 30-share barometer closed 0.67 per cent up at 25,822.99. On similar lines, the broader Nifty of National Stock Exchange (NSE) closed at 7,845.95, up by 0.43 per cent from its previous close.
Below are the key stocks that remained in news today:
- Dishman Pharmaceuticals & Chemicals: Shares of Dishman Pharma surged after the company informed BSE that it has got the license for manufacture of SIRTURO (bedaquiline) API, used in treatment of multi-drug resistant tuberculosis (MDR-TB). Its shares closed 16.22 per cent up at Rs 306.95 apiece on Wednesday.
- MindTree: Digital transformation and technology services company Mindtree said on Tuesday that it has launched a state-of-the-art Global Learning & Delivery Centre in Bhubaneshwar in Odisha at an investment of $20 million. Its shares rose 1.88 per cent to close at Rs 1497.55 apiece on Wednesday.
- Amtek Auto: Even as cash-crunch hit Amtek Auto informed exchanges that it's in advanced talks with banks for fresh funds to repay its Rs 800 crore debt, lenders on Wednesday denied any such discussions and said they've serious reservation about further lending to the auto component maker. Its shares fell 3.05 per cent to close at Rs 44.55 apiece on Wednesday.
- Motherson Sumi Systems: Extending its losses for the third straight day, shares of auto component maker Motherson Sumi Systems fell nearly 6 per cent on Wednesday amid concerns related to Volkswagen, which is facing a fine of up to $18 billion in the US for using device to falsify emissions data. The stock however pared losses and closed Rs 4.70 up at Rs 246.60 apiece.
- Sterlite Technologies: Sterlite Technologies on Wednesday announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom portfolio. Its shares closed 2.73 per cent up at Rs 82.80 apiece.
Recovering from previous two days' losses, the benchmark Bombay Stock Exchange (BSE) Sensex closed 171.15 points up on Wednesday on value buying amid weak European markets and lingering global growth worries.
The 30-share barometer closed 0.67 per cent up at 25,822.99. On similar lines, the broader Nifty of National Stock Exchange (NSE) closed at 7,845.95, up by 0.43 per cent from its previous close.
Below are the key stocks that remained in news today:
- Dishman Pharmaceuticals & Chemicals: Shares of Dishman Pharma surged after the company informed BSE that it has got the license for manufacture of SIRTURO (bedaquiline) API, used in treatment of multi-drug resistant tuberculosis (MDR-TB). Its shares closed 16.22 per cent up at Rs 306.95 apiece on Wednesday.
- MindTree: Digital transformation and technology services company Mindtree said on Tuesday that it has launched a state-of-the-art Global Learning & Delivery Centre in Bhubaneshwar in Odisha at an investment of $20 million. Its shares rose 1.88 per cent to close at Rs 1497.55 apiece on Wednesday.
- Amtek Auto: Even as cash-crunch hit Amtek Auto informed exchanges that it's in advanced talks with banks for fresh funds to repay its Rs 800 crore debt, lenders on Wednesday denied any such discussions and said they've serious reservation about further lending to the auto component maker. Its shares fell 3.05 per cent to close at Rs 44.55 apiece on Wednesday.
- Motherson Sumi Systems: Extending its losses for the third straight day, shares of auto component maker Motherson Sumi Systems fell nearly 6 per cent on Wednesday amid concerns related to Volkswagen, which is facing a fine of up to $18 billion in the US for using device to falsify emissions data. The stock however pared losses and closed Rs 4.70 up at Rs 246.60 apiece.
- Sterlite Technologies: Sterlite Technologies on Wednesday announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom portfolio. Its shares closed 2.73 per cent up at Rs 82.80 apiece.
Levels of corporate debt a 'major concern', says RBI
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Reserve Bank of India (RBI) Deputy Governor S.S. Mundra called levels of debt in the domestic corporate sector "a major concern" on Wednesday, while admonishing banks to clean up their bad loans more quickly.
Mundra added leverage levels had risen "very substantially in the last few years in the corporate world", calling it a concern that was also felt globally, at an event in Mumbai for chief financial officers.
The RBI deputy governor also called on banks to move more quickly to recognise bad loans.
"Our simple message is if there is a problem, to recognise it and address it quickly," he said. "Don't pretend and extend."
Reserve Bank of India (RBI) Deputy Governor S.S. Mundra called levels of debt in the domestic corporate sector "a major concern" on Wednesday, while admonishing banks to clean up their bad loans more quickly.
Mundra added leverage levels had risen "very substantially in the last few years in the corporate world", calling it a concern that was also felt globally, at an event in Mumbai for chief financial officers.
The RBI deputy governor also called on banks to move more quickly to recognise bad loans.
"Our simple message is if there is a problem, to recognise it and address it quickly," he said. "Don't pretend and extend."
Government to launch Make in India version 2.0
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Make in India, Prime Minister Narendra Modi government's flagship programme, is going to have its sequel with version 2.0 to be launched soon to give a further impetus to the manufacturing sector in the country.
While the first phase of the Make in India programme intended to ease the processes for businesses, the second part will make it more of a people's movement, on the lines of Swadeshi movement, a report in The Economic Times said.
Make in India 2.0 will boost the manufacturing sector via the initiatives like Digital India, Skill India and soon to be launched Start-up India, the report said. Department of Industrial Policy and Promotion is said to be drawing up the action plan for Start-up India initiative.
On the lines of Japan and Germany, which are known for their top quality of manufacturing, the government will be starting an investor-outreach programme to upgrade the sector and bring the best global practices to India.
A government official said that for India's manufacturing story, it is now or never, as mentioned in the report.
Meanwhile, the government recently launched Make in India Mittelstand programme to boost investments by 30 German countries in India.
Giving the Make in India programme a further push, Modi will be holding a session with the top global CEOs of Ford Motor, IBM, PepsiCo, Du Pont, Merck & Co, Qualcomm and Abbott among others in New York on Thursday (September 24).
Make in India, Prime Minister Narendra Modi government's flagship programme, is going to have its sequel with version 2.0 to be launched soon to give a further impetus to the manufacturing sector in the country.
While the first phase of the Make in India programme intended to ease the processes for businesses, the second part will make it more of a people's movement, on the lines of Swadeshi movement, a report in The Economic Times said.
Make in India 2.0 will boost the manufacturing sector via the initiatives like Digital India, Skill India and soon to be launched Start-up India, the report said. Department of Industrial Policy and Promotion is said to be drawing up the action plan for Start-up India initiative.
On the lines of Japan and Germany, which are known for their top quality of manufacturing, the government will be starting an investor-outreach programme to upgrade the sector and bring the best global practices to India.
A government official said that for India's manufacturing story, it is now or never, as mentioned in the report.
Meanwhile, the government recently launched Make in India Mittelstand programme to boost investments by 30 German countries in India.
Giving the Make in India programme a further push, Modi will be holding a session with the top global CEOs of Ford Motor, IBM, PepsiCo, Du Pont, Merck & Co, Qualcomm and Abbott among others in New York on Thursday (September 24).
Asian business sentiment crumbles on China worries: Reuters poll
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Business optimism at Asia's top companies dwindled in the third quarter to near a four-year low, with concern over China's economic health sending sentiment in Singapore to its lowest ever and neighbouring Indonesia was only marginally less downbeat.
Optimism was highest in the Philippines while Thai firms were likewise positive, albeit far less than in the second quarter when they had the brightest outlook in the region.
The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook at 79 firms, was 60 for July-September versus 71 three months prior, exceeding the 50 mid-point separating optimists from pessimists.
INDIA: SLOW PACE OF REFORM PUSHES OPTIMISM DOWN TO 79 VS 84
Sentiment was buoyant though firms were irked by the pace of economic reform promised by PM Modi government last year. During survey polling, the government dropped a tax plan citing lack of support.
Of seven respondents, from 19 previously, one expressed India's first negative outlook for two and a half years.
Two cited China's slowdown as the chief risk, while another two flagged weakening emerging currencies. Three took on more staff over the past three months and two booked a rise in sales.
SINGAPORE: RECORD NEGATIVES LEAVES INDEX AT 14 IN Q3 VS 59 IN Q2
Singapore was Asia-Pacific's most pessimistic economy in the third quarter as a record five of seven respondents reported a negative six-month business outlook, with four citing economic slowdown in China as their biggest risk.
Two each reported lost orders and increased receivables over the past three months. All seven said staffing was unchanged.
MALAYSIA: CURRENCY CONCERN PUTS SENTIMENT AT 25 VS 71
Of four responses, two were neutral and two negative. The main concern for two firms was falling emerging-market currencies, such as the ringgit, which has lost 14 percent in three months.
INDONESIA: NO POSITIVE OUTLOOKS LEAVE INDEX AT 29 VS 75
None of Indonesia's seven respondents saw positives in their outlooks, with three being negative. Three said the biggest risk was weakening emerging currencies, with the rupiah falling 8.6 percent against the U.S. dollar over the past three months.
Two firms cut staff, two reported a rise in receivables, and four lost sales.
SOUTH KOREA: CHINA CONCERN SENDS INDEX DOWN TO 50 VS 69
Two companies each said their outlook was positive, neutral or negative, but all six agreed the biggest risk was slowdown in China where Korean exports have been declining.
Three took on staff over the past three months while four reported higher sales.
TAIWAN: PROSPECT OF ECONOMIC SLOWDOWN PUSHES INDEX TO 50 VS 63
Sentiment in export-reliant Taiwan turned neutral as plummeting export orders portend the slowest economic growth in six years.
Of eight responses, two negatives cancelled out two positives. Five said China's slowdown was cause for concern, and five reported lower sales.
THAILAND: LEAST OPTIMISTIC IN ALMOST TWO YEARS AT 60 VS 94
The last survey's most optimistic economy suffered a lapse in certainty, in a quarter when the national economic adviser cut its annual growth forecast in anticipation of a third year of export decline.
Of 10 respondents, four said their biggest risk was a slowing China. Two pointed to domestic demand, while one cited the U.S. rate rise. Three each said staff and sales had risen.
JAPAN: FIVE-AND-A-HALF YEAR HIGH AT 73 VS 60
Firms with a neutral outlook outnumbered positives six to five leaving sentiment even higher than during "Abenomics" euphoria, when share prices rose after Prime Minister Shinzo Abe was elected in December 2012 promising economic change.
Seven firms said Chinese economic slowdown was their primary risk whereas two cited weakening emerging currencies.
CHINA: MOST UPBEAT IN FOUR YEARS AT 80 VS 55
Five firms offered outlooks versus 11 previously, with three positive and two neutral.
Just one said its biggest risk was the economy growing at its slowest pace in a quarter of a century, exacerbated by a stock market crash that prompted policymakers to cut interest rates and devalue the yuan.
One said its chief risk was the impact of a U.S. rate rise, whereas two pointed to weakening emerging currencies. All five said staffing was unchanged.
AUSTRALIA: ECONOMIC UNCERTAINTY YET INDEX RISES TO 83 VS 71
Three Australian firms responded to the survey compared with 12 three months prior, of which two were positive for the coming half-year and two took on more staff over the past three months.
Australia is shifting toward an economy driven more by services than resources as a mining boom fades. One firm cited the pace of adjustment as its chief risk.
PHILIPPINES: MOST OPTIMISTIC IN A YEAR AT 95 VS 78
Philippine companies were the most optimistic toward the coming half-year. Six of 11 saw sales rise in July-September, while data issued ahead of polling showed government spending helped the economy defy a regional slowdown in April-June.
Three respondents cited the political situation ahead of a May election as a risk to their outlook. Two flagged rising competition, and one was concerned about passing on higher raw materials costs.
Business optimism at Asia's top companies dwindled in the third quarter to near a four-year low, with concern over China's economic health sending sentiment in Singapore to its lowest ever and neighbouring Indonesia was only marginally less downbeat.
Optimism was highest in the Philippines while Thai firms were likewise positive, albeit far less than in the second quarter when they had the brightest outlook in the region.
The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook at 79 firms, was 60 for July-September versus 71 three months prior, exceeding the 50 mid-point separating optimists from pessimists.
INDIA: SLOW PACE OF REFORM PUSHES OPTIMISM DOWN TO 79 VS 84
Sentiment was buoyant though firms were irked by the pace of economic reform promised by PM Modi government last year. During survey polling, the government dropped a tax plan citing lack of support.
Of seven respondents, from 19 previously, one expressed India's first negative outlook for two and a half years.
Two cited China's slowdown as the chief risk, while another two flagged weakening emerging currencies. Three took on more staff over the past three months and two booked a rise in sales.
SINGAPORE: RECORD NEGATIVES LEAVES INDEX AT 14 IN Q3 VS 59 IN Q2
Singapore was Asia-Pacific's most pessimistic economy in the third quarter as a record five of seven respondents reported a negative six-month business outlook, with four citing economic slowdown in China as their biggest risk.
Two each reported lost orders and increased receivables over the past three months. All seven said staffing was unchanged.
MALAYSIA: CURRENCY CONCERN PUTS SENTIMENT AT 25 VS 71
Of four responses, two were neutral and two negative. The main concern for two firms was falling emerging-market currencies, such as the ringgit, which has lost 14 percent in three months.
INDONESIA: NO POSITIVE OUTLOOKS LEAVE INDEX AT 29 VS 75
None of Indonesia's seven respondents saw positives in their outlooks, with three being negative. Three said the biggest risk was weakening emerging currencies, with the rupiah falling 8.6 percent against the U.S. dollar over the past three months.
Two firms cut staff, two reported a rise in receivables, and four lost sales.
SOUTH KOREA: CHINA CONCERN SENDS INDEX DOWN TO 50 VS 69
Two companies each said their outlook was positive, neutral or negative, but all six agreed the biggest risk was slowdown in China where Korean exports have been declining.
Three took on staff over the past three months while four reported higher sales.
TAIWAN: PROSPECT OF ECONOMIC SLOWDOWN PUSHES INDEX TO 50 VS 63
Sentiment in export-reliant Taiwan turned neutral as plummeting export orders portend the slowest economic growth in six years.
Of eight responses, two negatives cancelled out two positives. Five said China's slowdown was cause for concern, and five reported lower sales.
THAILAND: LEAST OPTIMISTIC IN ALMOST TWO YEARS AT 60 VS 94
THAILAND: LEAST OPTIMISTIC IN ALMOST TWO YEARS AT 60 VS 94
The last survey's most optimistic economy suffered a lapse in certainty, in a quarter when the national economic adviser cut its annual growth forecast in anticipation of a third year of export decline.
Of 10 respondents, four said their biggest risk was a slowing China. Two pointed to domestic demand, while one cited the U.S. rate rise. Three each said staff and sales had risen.
JAPAN: FIVE-AND-A-HALF YEAR HIGH AT 73 VS 60
Firms with a neutral outlook outnumbered positives six to five leaving sentiment even higher than during "Abenomics" euphoria, when share prices rose after Prime Minister Shinzo Abe was elected in December 2012 promising economic change.
Seven firms said Chinese economic slowdown was their primary risk whereas two cited weakening emerging currencies.
CHINA: MOST UPBEAT IN FOUR YEARS AT 80 VS 55
CHINA: MOST UPBEAT IN FOUR YEARS AT 80 VS 55
Five firms offered outlooks versus 11 previously, with three positive and two neutral.
Just one said its biggest risk was the economy growing at its slowest pace in a quarter of a century, exacerbated by a stock market crash that prompted policymakers to cut interest rates and devalue the yuan.
One said its chief risk was the impact of a U.S. rate rise, whereas two pointed to weakening emerging currencies. All five said staffing was unchanged.
AUSTRALIA: ECONOMIC UNCERTAINTY YET INDEX RISES TO 83 VS 71
AUSTRALIA: ECONOMIC UNCERTAINTY YET INDEX RISES TO 83 VS 71
Three Australian firms responded to the survey compared with 12 three months prior, of which two were positive for the coming half-year and two took on more staff over the past three months.
Australia is shifting toward an economy driven more by services than resources as a mining boom fades. One firm cited the pace of adjustment as its chief risk.
PHILIPPINES: MOST OPTIMISTIC IN A YEAR AT 95 VS 78
Philippine companies were the most optimistic toward the coming half-year. Six of 11 saw sales rise in July-September, while data issued ahead of polling showed government spending helped the economy defy a regional slowdown in April-June.
Three respondents cited the political situation ahead of a May election as a risk to their outlook. Two flagged rising competition, and one was concerned about passing on higher raw materials costs.
General Awareness
Statewise Fairs /Festivals in India 2015
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Dear Readers,
we have compiled the List of Fairs/Festivals in India and provided in a PDF Format. We hope, it will help you in Competitive exams.
Andhra Pradesh :
Pitr-Paksha- Mahalaya Amavasya, Noopuraraavam ,All India Industrial Exhibition (Numaish), Bhishma Ekadasi, Deccan Festival, Telugu New Year, Ugadi (Gudi Padwa), Sri Rama Navami Festival, Vinayaka Chaturthi, Durga Festival, Nagula Chavithi.
Assam :
Magh or Bhogali Bihu, Dehing Patkai Festival, Elephant Festival, Pragjyothi International Dance Festival, Bohag Bihu, Bihu.
Andaman and Nicobar :
Island Tourism Festival, Swami Vivekananda Jayanti, Reh – Idu Festival.
Arunachal Pradesh :
Boori Boot – Nyishi, Hill Miris Festival, Losar – Monpa Festival, Tamladu – Idu-Mishmi tribe, Oriah – Wancho tribe, Ali-Aye Ligang – Mishing tribe, Nyokum – Nishi Festival, Mopin – Adi Festival, Pongtu -Tutsa tribe, Sanken – Khampti and Singhpo tribe, Moh or Mol – Tangsa tribe, Dree – Apatani Festival, Solung – Adi Festival, Chalo Loku – Nocte tribe.
Bihar :
Rajgir Dance Festival, Chhath Puja, Sonepur Cattle Fair.
Daman and Diu :
National Tribal art & Food Festival, Monsoon Magic Festival, Heritage Festival, Nariyela Poornima.
Dadra and Nagar Haveli :
Holika Dahan.
Delhi :
Delhi Book Fair, Taj Mahotsav, Garden Tourism Festival, Mango Festival.
Gujarat :
Kutch Festival / Kutch Rann Utsav, Paragliding Festival, Saptak Music Festival, Pravasi Bharatiya Divas, Vibrant Gujarat Global Summit, Uttarayan Kite Festival, Modhera Dance Festival(Uttarardh Mahotsav), Vad Fest, Global Bird Watchers Conference, Bhavnath Fair, Great Indian Heritage Fest, Dangs Darbar, Kavant Fair, Chaitra Navratri, Chitra Vichitra Fair, Mango Festival, Monsoon Festival, Tarnetar Fair (Temple of Shiva or Trinetreshwar), Bhadrapada Purnima (Ambaji), Beach Festival, Shamlaji Fair, Vautha Fair.
Goa :
Sunburn Festival, Zatra at Cansaulin, Goa Carnival, Feast of Sacred Heart of Jesus, Sao Joao, Feast of Assumption of our Lady, Feast of Three Kings, Gokulashtami, Chovoth, Ladainha or Ladin, Feast of St Francis Xavier, Feast of Immaculate Conception, Goa Liberation Day.
Haryana :
Surajkund Craft Mela, Guru Ravidas’s Birthday, Shaheedi Diwas of Bhagat Singh, Rajguru & Sukhedev, Baisakhi Festival, Maharana Pratap Jayanthi, Sant Kabir Jayanthi, Haryana Heroes Martyrdom Day, Maharaja Agrasen Jayanti, Haryana Day, Shaheed Udham Singh’s Birthday.
Himachal Pradesh :
Losar, Himachal Day, Rakhadumni – Rakhi.
Jammu and Kashmir :
Leh Sindhu Darshan, Kashmir Lavender Festival, 33rd Kalachakra, Guru Tse-Chu, Vikram Samvat, Wanchuk, Galdan Namchot, Lohri, Spitok Gustor Zanskar, Spituk Gustor, Basant Panchmi, Dosmochey Festival, Yargon Tungshak, Guru Tse-Chu, Stok Guru Tsechu, Matho Nagrang, Nagrang, Shab-e-Miraj, Yuru Kabgyat, Hemis Festival, Shachukul Gustor, Zanskar Karsha Gustor, Phyang Tsedup, Korzok Gustor, Dak-Thok Tse-Chu, Sakti Tse-Chu, Naszal, Ladakh Festival, Navratri, Thiksay Gustor,Chemrey Angchok, Galdan Namchot, Losar (New Year).
Karnataka :
Makar Sankramana, Pattadakal Dance Festival, Gudi Padva or Ugadi, Naga Panchami.
Kerala :
Swathi Sangeethotsavam, Arthunkal Perunnal, Sabarimala Makaravilakku, Kanjiramattom Nercha, Nishagandhi Festival, Ernakulathappan Utsavam, Pattambi Nercha, Thaipooyam, Thaipooya Mahotsavam, Maramon Convention, Machattu Mamangam, Pariyanampetta Pooram, Adoor Gajamela, Kuttikkol Thampuratty Theyyam, Uthralikavu Pooram, Chettikulangara Bharani, Guruvayoor Utsavam, Chittur Kongan Pada, Chinakkathoor Pooram, Attukal Pongala, Parippally Gajamela, Thirunakkara Arattu, Attuvela Mahotsavam, Kodungalloor Bharani, Malanada Kettukazhcha, Arattupuzha Pooram, Nenmara Vallangi Vela, Feast Malayattoor Church, Kadammanitta Padayani, Vishu, Feast at Edathua Church, Thrissur Pooram, Kottiyoor Utsavam, Champakulam Boat Race, Nehru Trophy Boat Race, Thripunithura Athachamayam, Onam, Payippad Boat Race, Aranmula Boat Race, Pulikali, Feast at Manarcad, Neelamperoor Padayani, Vallarpadam Thirunal, Sree Narayana Guru Samadhi, Amrithanandamayi Birthday, Sree Narayana Guru Jayanthi, Soorya Music Festival, Soorya Dance Festival, Mannarasala Ayilyam, Feast at Parumala, Chembai Sangeetholsavam, Kalpathi Ratholsavam, Vaikathashtami Festival, Perumthitta Tharavad Kottamkuzhy, Kochi Biennale, Cochin Carnival, Theyyam at Kanathoor.
Madhya Pradesh :
Tejaji Fair, Khajuraho Dance Festival.
Maharashtra :
Kalidas Festival, Bird fest, Chikoo Utsav, Nag Panchami.
Meghalaya :
Bob Dylan Festival, Ahaia Festival.
Manipur :
Chavang Kut.
Mizoram :
Chapchar Kut.
Nagaland :
Moatsu Festival, Hornbill Festival.
Orissa :
Savitri Amavasya, Mukteswar Dance Festival, Sattila Ekadasi, Rajarani Music Festival, Bhaimi Ekadasi, Magha Purnima, Puri Beach Festival, Kumbha Sankranti, Pankoddhar Ekadasi, Konark Dance Festival, Phagu Dasami, Papanasini Ekadasi, Dola Purnima, Meena Sankranti, Papamochani Ekadasi, Chaitra Amavasya, Rama Navami, Kamada Ekadasi, Pana Sankranti, Baruthini Ekadasi, Chandan Yatra, Akshaya Tritiya, Mohini Ekadasi, Jala Krida Ekadasi, Brusha Sankranti, Sudasha Brata, Raja Sankranti, Rath Yatra, Bada Ekadasi, Bahuda Yatra, Singha Sankranti, Khudurukuni Osha, Gamha Purnima, Bali Trutiya, Kanya Sankranti, Rushi Panchami, Saraswati Puja, Garbhana Sankranti, Mahastami, Kumarotstaba Purnima,
Kartik Purnima, Bichha Sankranti, Awala Navami, Konark Festival, International Sand Art Festival, Prathamastami, Manabasa – Gurubar Osha, Dhanu Sankranti.
Punjab :
Muktsar Fair, Lohri, Pracheen Kala Kendra Nritya and Sangeet Sammelan, Baisakhi, Guru Parab- Guru Nanak’s Birthday.
Puducherry :
International Yoga festival.
Rajasthan :
Bikaner Camel Festival, Jaipur Literature Festival, Nagaur Fair/Ramdeoji cattle fair, Beneshwar Fair, Desert Festival, Braj Festival, Shekhawati Festival, Jambheshwar Fair, Elephant Festival, Gangaur Festival, Mewar Spring Festival, Rajasthan Day Celebration, Mahaveerji Fair, Jodhpur Flamenco and Gypsy Festival (JFG), Summer Festival,
Urs Fair, Teej Festival, Kajli Teej Festival, Kota Dussehra, Marwar Festival, Galiyakot Urs, Pushkar Camel Fair, Kolayat Fair (Kapil Muni Fair), Chandrabhaga Fair, Matasya Festival, Bundi Utsav, Winter Festival.
Sikkim :
Saga Dawa, Drupka Tseshi, Lakshmi Puja, Lhabab Duechen, Kagyat Dance, Losoong Sikkimese, Maghe Sankranti Sanhamole,
Losar Tibetan, International Flower Festival, Guru Rimpoche’s Birthday, Pang Lhabsol.
Tamil Nadu :
Kambam Festival, Chennai Dance Festival (December Season), Chennai Music Festival (December Season), Arudra Darisanam / Thiruvathirai, Thyagaraja Aradhana, Bhogi Pongal, Surya Pongal, Mattu Pongal, Jallikattu Festival, Thiruvalluvar day, India International Leather Fair, Thaipusam, Natyanjali Festival, Tamil New Year, Velankanni Church Festival, Mamallapuram Dance Festival.
Tripura :
Rabindra / Nazrul Jayanthi, Kharchi Puja, Ker Puja, Diwali Festival.
Uttaranchal :
Magh Mela, Uttarayani Mela, International Yoga Week.
Uttar Pradesh :
Ayurveda Jhansi Mahotsav, Kailash Fair, Ayudha Puja, Nag Nathaiya, Deva Mela Ramayan Mela Ayodhya, Kumbh Mela, Magh Mela, Dhrupad Mela, Lathmar Holi, Sheetala Ashtami, Sankat Mochan Music Festival, Ganga Dussehras, Sri Krishna Janmashtami, Ram Leela, Matki Leela, Ganga Mahotsav, Dev Deepavali.
West Bengal :
Kenduli Mela, Gangasagar Mela, Dover Lane Music Conference, Birthday of Netaji Subhash Chandra Bose, Vasant Panchami, Birthday of Sri Ramakrishna Paramahamsa, Bengali Nava Barsha, Rabindra Jayanti, Durga Puja, Nandikar National Theatre Festival, Vishnupur (Bishnupur Festival).
- Dear Readers,
we have compiled the List of Fairs/Festivals in India and provided in a PDF Format. We hope, it will help you in Competitive exams.Andhra Pradesh :
Pitr-Paksha- Mahalaya Amavasya, Noopuraraavam ,All India Industrial Exhibition (Numaish), Bhishma Ekadasi, Deccan Festival, Telugu New Year, Ugadi (Gudi Padwa), Sri Rama Navami Festival, Vinayaka Chaturthi, Durga Festival, Nagula Chavithi.
Assam :
Magh or Bhogali Bihu, Dehing Patkai Festival, Elephant Festival, Pragjyothi International Dance Festival, Bohag Bihu, Bihu.
Andaman and Nicobar :
Island Tourism Festival, Swami Vivekananda Jayanti, Reh – Idu Festival.
Arunachal Pradesh :
Boori Boot – Nyishi, Hill Miris Festival, Losar – Monpa Festival, Tamladu – Idu-Mishmi tribe, Oriah – Wancho tribe, Ali-Aye Ligang – Mishing tribe, Nyokum – Nishi Festival, Mopin – Adi Festival, Pongtu -Tutsa tribe, Sanken – Khampti and Singhpo tribe, Moh or Mol – Tangsa tribe, Dree – Apatani Festival, Solung – Adi Festival, Chalo Loku – Nocte tribe.
Bihar :
Rajgir Dance Festival, Chhath Puja, Sonepur Cattle Fair.
Daman and Diu :
National Tribal art & Food Festival, Monsoon Magic Festival, Heritage Festival, Nariyela Poornima.
Dadra and Nagar Haveli :
Holika Dahan.
Delhi :
Delhi Book Fair, Taj Mahotsav, Garden Tourism Festival, Mango Festival.
Gujarat :
Kutch Festival / Kutch Rann Utsav, Paragliding Festival, Saptak Music Festival, Pravasi Bharatiya Divas, Vibrant Gujarat Global Summit, Uttarayan Kite Festival, Modhera Dance Festival(Uttarardh Mahotsav), Vad Fest, Global Bird Watchers Conference, Bhavnath Fair, Great Indian Heritage Fest, Dangs Darbar, Kavant Fair, Chaitra Navratri, Chitra Vichitra Fair, Mango Festival, Monsoon Festival, Tarnetar Fair (Temple of Shiva or Trinetreshwar), Bhadrapada Purnima (Ambaji), Beach Festival, Shamlaji Fair, Vautha Fair.
Goa :
Sunburn Festival, Zatra at Cansaulin, Goa Carnival, Feast of Sacred Heart of Jesus, Sao Joao, Feast of Assumption of our Lady, Feast of Three Kings, Gokulashtami, Chovoth, Ladainha or Ladin, Feast of St Francis Xavier, Feast of Immaculate Conception, Goa Liberation Day.
Haryana :
Surajkund Craft Mela, Guru Ravidas’s Birthday, Shaheedi Diwas of Bhagat Singh, Rajguru & Sukhedev, Baisakhi Festival, Maharana Pratap Jayanthi, Sant Kabir Jayanthi, Haryana Heroes Martyrdom Day, Maharaja Agrasen Jayanti, Haryana Day, Shaheed Udham Singh’s Birthday.
Himachal Pradesh :
Losar, Himachal Day, Rakhadumni – Rakhi.
Jammu and Kashmir :
Leh Sindhu Darshan, Kashmir Lavender Festival, 33rd Kalachakra, Guru Tse-Chu, Vikram Samvat, Wanchuk, Galdan Namchot, Lohri, Spitok Gustor Zanskar, Spituk Gustor, Basant Panchmi, Dosmochey Festival, Yargon Tungshak, Guru Tse-Chu, Stok Guru Tsechu, Matho Nagrang, Nagrang, Shab-e-Miraj, Yuru Kabgyat, Hemis Festival, Shachukul Gustor, Zanskar Karsha Gustor, Phyang Tsedup, Korzok Gustor, Dak-Thok Tse-Chu, Sakti Tse-Chu, Naszal, Ladakh Festival, Navratri, Thiksay Gustor,Chemrey Angchok, Galdan Namchot, Losar (New Year).
Karnataka :
Makar Sankramana, Pattadakal Dance Festival, Gudi Padva or Ugadi, Naga Panchami.
Kerala :
Swathi Sangeethotsavam, Arthunkal Perunnal, Sabarimala Makaravilakku, Kanjiramattom Nercha, Nishagandhi Festival, Ernakulathappan Utsavam, Pattambi Nercha, Thaipooyam, Thaipooya Mahotsavam, Maramon Convention, Machattu Mamangam, Pariyanampetta Pooram, Adoor Gajamela, Kuttikkol Thampuratty Theyyam, Uthralikavu Pooram, Chettikulangara Bharani, Guruvayoor Utsavam, Chittur Kongan Pada, Chinakkathoor Pooram, Attukal Pongala, Parippally Gajamela, Thirunakkara Arattu, Attuvela Mahotsavam, Kodungalloor Bharani, Malanada Kettukazhcha, Arattupuzha Pooram, Nenmara Vallangi Vela, Feast Malayattoor Church, Kadammanitta Padayani, Vishu, Feast at Edathua Church, Thrissur Pooram, Kottiyoor Utsavam, Champakulam Boat Race, Nehru Trophy Boat Race, Thripunithura Athachamayam, Onam, Payippad Boat Race, Aranmula Boat Race, Pulikali, Feast at Manarcad, Neelamperoor Padayani, Vallarpadam Thirunal, Sree Narayana Guru Samadhi, Amrithanandamayi Birthday, Sree Narayana Guru Jayanthi, Soorya Music Festival, Soorya Dance Festival, Mannarasala Ayilyam, Feast at Parumala, Chembai Sangeetholsavam, Kalpathi Ratholsavam, Vaikathashtami Festival, Perumthitta Tharavad Kottamkuzhy, Kochi Biennale, Cochin Carnival, Theyyam at Kanathoor.
Madhya Pradesh :
Tejaji Fair, Khajuraho Dance Festival.
Maharashtra :
Kalidas Festival, Bird fest, Chikoo Utsav, Nag Panchami.
Meghalaya :
Bob Dylan Festival, Ahaia Festival.
Manipur :
Chavang Kut.
Mizoram :
Chapchar Kut.
Nagaland :
Moatsu Festival, Hornbill Festival.
Orissa :
Savitri Amavasya, Mukteswar Dance Festival, Sattila Ekadasi, Rajarani Music Festival, Bhaimi Ekadasi, Magha Purnima, Puri Beach Festival, Kumbha Sankranti, Pankoddhar Ekadasi, Konark Dance Festival, Phagu Dasami, Papanasini Ekadasi, Dola Purnima, Meena Sankranti, Papamochani Ekadasi, Chaitra Amavasya, Rama Navami, Kamada Ekadasi, Pana Sankranti, Baruthini Ekadasi, Chandan Yatra, Akshaya Tritiya, Mohini Ekadasi, Jala Krida Ekadasi, Brusha Sankranti, Sudasha Brata, Raja Sankranti, Rath Yatra, Bada Ekadasi, Bahuda Yatra, Singha Sankranti, Khudurukuni Osha, Gamha Purnima, Bali Trutiya, Kanya Sankranti, Rushi Panchami, Saraswati Puja, Garbhana Sankranti, Mahastami, Kumarotstaba Purnima,
Kartik Purnima, Bichha Sankranti, Awala Navami, Konark Festival, International Sand Art Festival, Prathamastami, Manabasa – Gurubar Osha, Dhanu Sankranti.
Punjab :
Muktsar Fair, Lohri, Pracheen Kala Kendra Nritya and Sangeet Sammelan, Baisakhi, Guru Parab- Guru Nanak’s Birthday.
Puducherry :
International Yoga festival.
Rajasthan :
Bikaner Camel Festival, Jaipur Literature Festival, Nagaur Fair/Ramdeoji cattle fair, Beneshwar Fair, Desert Festival, Braj Festival, Shekhawati Festival, Jambheshwar Fair, Elephant Festival, Gangaur Festival, Mewar Spring Festival, Rajasthan Day Celebration, Mahaveerji Fair, Jodhpur Flamenco and Gypsy Festival (JFG), Summer Festival,
Urs Fair, Teej Festival, Kajli Teej Festival, Kota Dussehra, Marwar Festival, Galiyakot Urs, Pushkar Camel Fair, Kolayat Fair (Kapil Muni Fair), Chandrabhaga Fair, Matasya Festival, Bundi Utsav, Winter Festival.
Sikkim :
Saga Dawa, Drupka Tseshi, Lakshmi Puja, Lhabab Duechen, Kagyat Dance, Losoong Sikkimese, Maghe Sankranti Sanhamole,
Losar Tibetan, International Flower Festival, Guru Rimpoche’s Birthday, Pang Lhabsol.
Tamil Nadu :
Kambam Festival, Chennai Dance Festival (December Season), Chennai Music Festival (December Season), Arudra Darisanam / Thiruvathirai, Thyagaraja Aradhana, Bhogi Pongal, Surya Pongal, Mattu Pongal, Jallikattu Festival, Thiruvalluvar day, India International Leather Fair, Thaipusam, Natyanjali Festival, Tamil New Year, Velankanni Church Festival, Mamallapuram Dance Festival.
Tripura :
Rabindra / Nazrul Jayanthi, Kharchi Puja, Ker Puja, Diwali Festival.
Uttaranchal :
Magh Mela, Uttarayani Mela, International Yoga Week.
Uttar Pradesh :
Ayurveda Jhansi Mahotsav, Kailash Fair, Ayudha Puja, Nag Nathaiya, Deva Mela Ramayan Mela Ayodhya, Kumbh Mela, Magh Mela, Dhrupad Mela, Lathmar Holi, Sheetala Ashtami, Sankat Mochan Music Festival, Ganga Dussehras, Sri Krishna Janmashtami, Ram Leela, Matki Leela, Ganga Mahotsav, Dev Deepavali.
West Bengal :
Kenduli Mela, Gangasagar Mela, Dover Lane Music Conference, Birthday of Netaji Subhash Chandra Bose, Vasant Panchami, Birthday of Sri Ramakrishna Paramahamsa, Bengali Nava Barsha, Rabindra Jayanti, Durga Puja, Nandikar National Theatre Festival, Vishnupur (Bishnupur Festival).
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