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    PEACE DIVIDEND

    India enjoying rare peace dividend but must be alert: Rajnath Singh

    Defence minister Rajnath Singh emphasized the need for India's armed forces to stay alert and prepared amidst global volatility. Speaking at the Joint Commanders Conference in Lucknow, he called for advancements in space and electronic warfare capabilities and increased use of artificial intelligence. Singh highlighted ongoing conflicts and urged commanders to predict future challenges.

    'Have delivered on 2019 promise of putting corrupt behind bars, our govt leveraged technology to tackle corruption': PM Modi

    Prime Minister Narendra Modi, currently vying for a third consecutive term, reaffirms his 2019 pledge to incarcerate corrupt individuals, asserting that he has fulfilled this promise. In an extensive discussion with ET, PM Modi addressed various topics. He reiterates the government's dedication to ensuring that the benefits of progress extend to all individuals in need, irrespective of their caste, creed, or geographical location.

    Italy's president says Russia's invasion of Ukraine can't be solved by rewarding Moscow's aggression

    Italy's president, Sergio Mattarella, addressed the U.N. General Assembly, stating that Russia's invasion of Ukraine cannot be resolved by rewarding aggression. He emphasized that peace can only be achieved by restoring Ukraine's sovereignty and territorial integrity. Italy, now leading the G7, and many international partners stand in solidarity with Ukraine, defending nations attacked in violation of international law. Mattarella warned against violating principles of sovereignty and territorial integrity, stressing that Russia's actions have rekindled war in Europe and disrupted global peace.

    "The world gained from a peace dividend after USSR’s decline— that calm is shrinking now...": Kenneth Rogoff

    Kenneth Rogoff, former chief economist of the IMF and Maurits C. Boas Chair of International Economics at Harvard University, discusses the record rise in military expenditure worldwide. He argues that military spending is not good for growth or consumption because it is destructive. The US and Europe are facing pressures today due to Ukraine, the Middle East, and potentially Taiwan, but the defense budgets of the West are tuned to a different era. The US has not prepared its people for greater military expenditure, and voters are talking about universal income, increased transfers, more social spending, etc., but realistically, defense spending will need to increase.

    Hopeful India, China will be able to restore peace at borders through bilateral engagement: PM Modi

    During the wide-ranging interview with the New York-based magazine, the prime minister talked about a host of issues including the upcoming Lok Sabha polls, ties with Pakistan, Quad, Ram temple and democracy, among others. Asked about ties with Pakistan, Modi said he has congratulated the prime minister of Pakistan on taking over office and asserted that India has always advocated for advancing peace, security and prosperity in the region in an atmosphere free from terror and violence.

    Bangladesh: Reaping dividends of democracy & stable government

    Bangladesh has made significant progress in its development and democracy, transforming into a stable and prosperous nation. The country has maintained a stable democracy since 2009, with regular elections and peaceful transfers of power. It has also improved its governance structures and human rights situation. Bangladesh's economy has grown rapidly, diversifying beyond agriculture and garments to sectors like pharmaceuticals and information technology. The government has invested in human capital, increasing spending on education and health.

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