India News
Budget 2023: Higher spending on education, healthcare; lower fiscal deficit likely
Finance Minister Nirmala Sitharaman will present the Union budget in the parliament today, its widely projected that the Narendra Modi-led government is likely to seek to lower its fiscal deficit while encouraging investment by offering incentives.

Finance Minister Nirmala Sitharaman will present the Union budget in the parliament today, its widely projected that the Narendra Modi-led government is likely to seek to lower its fiscal deficit while encouraging investment by offering incentives.
The central government is also expected to ramp up state spending to counter the global slowdown.
Officials believe that in spite of upcoming elections in many states and next year’s Lok Sabha polls in the background, major relief for households may not be on the cards due to fiscal cards as the budget is likely to focus on long-term growth.
Sitharaman is expected to continue the Modi government’s policy of increasing capital spending on public infrastructure, introducing lower tax rates and labour reforms and more subsidies to the poor in a bid to win their support.
The finance minister is likely to announce around 10% to 12% increase in budget allocations for health, education and rural projects as many insiders believe that the annual budget will continue the economic reforms started by Prime Minister Narendra Modi since coming into power in 2014.
BJP economic affairs spokesman, Gopal Krishna Agarwal, pointed out that the easing of retail inflation, higher state spending and growing bank credit would help the economic recovery ahead of Lok Sabha elections.
However, critics have claimed that Modi government’s economic policies have majorly benefited large companies while burdening the middle class with more taxes who are facing a dip in growth in real income and jobs.
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The Economic Survey released by Sitharaman on Tuesday warned of effects of global slowdown and forecasted that the economy would grow 6% to 6.8% year-on-year next fiscal year, down from 7% projected for the current year.
Chief Economic Adviser (CEA) V Anantha Nageswaran projected that India’s economy was poised to do better and expected to grow at 6.5-7 percent till the end of the decade. Nageswaran said that the inflation is likely to be “well behaved” in the coming fiscal year barring any unforeseen factors.
The International Monetary Fund (IMF) has projected India’s growth to dip slightly from 6.1 percent to 6.8 percent during the current fiscal year ending on March 31. IMF also expects some minor slowdown in the Indian economy in the next fiscal year.
According to the January update of the World Economic Outlook released by global fiscal body on Tuesday, global growth is projected to fall from a projected 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.
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India News
Quake felt in Delhi again, tremors of magnitude 2.7 jolts the national capital
The quake on Wednesday comes after another earthquake that jolted parts of India on Tuesday night. As per the reports, a 6.8 magnitude earthquake shook up parts of Northern India. It was also reported that at least 11 people died and over 160 others were injured in neighboring Pakistan.

Another earthquake shook up the national capital on Wednesday after parts of India witnessed a 6.6 magnitude earthquake on Tuesday night. As per the reports, the quake was of 2.7 magnitudes and took place 5 km below the national capital.
The National Center for Seismology also tweeted informing the same as they wrote that an earthquake of Magnitude 2.7 occurred on 22 March at 4:42 pm. The latitude was 28.66 and the Long was 77.03. The depth of the tremor was 5 Km. The epicenter of the quake is reported to be west Delhi.
The quake on Wednesday comes after another earthquake that jolted parts of India on Tuesday night. As per the reports, a 6.8 magnitude earthquake shook up parts of Northern India. It was also reported that at least 11 people died and over 160 others were injured in neighboring Pakistan.
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A statement by the international Seismological Center reported that apart from Pakistan, tremors were also felt in India, Afghanistan, Turkmenistan, Kazakhstan, Tajikistan, Uzbekistan, China, and Kyrgyzstan.
The quake jolted several parts of India at around 10:17 pm on Tuesday night. As per the reports, the tremors were felt across Northern India including Delhi-NCR, Chandigarh, Jammu and Kashmir, and Uttar Pradesh. The epicenter of the earthquake that hit northern parts of India and various other countries was Afghanistan.
7 dead as massive blaze engulfs firecracker unit in Tamil Nadu’s Kanchipuram
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India News
7 dead as massive blaze engulfs firecracker unit in Tamil Nadu’s Kanchipuram
A massive fire engulfed a firecracker unit in Tamil Nadu’s Kanchipuram district on Wednesday leaving at least seven people dead while 15 others received severe burn injuries, reports said.

A massive fire engulfed a firecracker unit in Tamil Nadu’s Kanchipuram district on Wednesday leaving at least seven people dead while 15 others received severe burn injuries, reports said.
As per reports, an enormous blaze consumed a firecracker making unit at Vazhathottam, 10 kilometers from Kanchipuram, killing at least seven people and leaving fifteen others wounded.
A report quoted Tamil Nadu Fire and Rescue Services DGP, Abhash Kumar as saying that the building collapsed due to the gigantic inferno and many people are still feared trapped inside. The officer said that a joint rescue operation was launched by the firemen, the Kanchipuram district police along with Rescue Services personnel and local residents to pull out survivors from the torched building.
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DGP Kumar said the firecracker unit had a valid license and that an investigation has been launched to ascertain the exact cause of the fire.
Local reports said that the injured, who suffered burn injuries, have been rushed nearby hospital for medical attention.
More details are awaited.
In a similar incident, ten people, including three children, were injured after a fire erupted at a seven-storey residential building in Mumbai’s Mulund West last week. The incident happened at around 2:55 pm at the Jagruti Society in Vithhal Nagar.
Rescue services and firemen successfully had rescued 80 people trapped in the burning building.
Officials at the time had said that the fire out in the electric meter room on the ground floor of the building and the smoke from the meter room spread to all its seven floors.
Fire brigade chief Sanjay Manjrekar said it was not a major fire but the smoke had spread to all the floors. He had said that people got scared of the smoke, came running and got trapped.
The official said that the fire was confined to electric wiring, electric installation, electric main cables, all meters, all switches, etc. in a common electric meter cabin on the ground floor plus the upper seven floored residential building.
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India News
Man checks into Delhi hotel, dies by suicide after overdosing on oxygen
As per the Police, Nitesh researched painless ways to end his life and used a method which he learned during his research.

A harrowing story has come to light from Delhi where the body of a 24-year-old man was recovered from inside a hotel in the national capital. As per the reports, the man allegedly died by suicide after overdosing on oxygen.
As per the reports, the victim, identified as Nitesh, stayed in the hotel in Adarsh Nagar with his friend and checked out the next day. However, subsequently the same day, Nitesh checked back into the hotel again.
As per the reports, the victim had been under stress from the increasing cost of the treatment for his illness which drove the man to take the drastic decision. Nitesh had entered the room with a small bag, said reports.
The body of the man was recovered from inside his hotel, according to the reports, Nitesh’s face was covered with a plastic bag that was connected to a small oxygen cylinder. It was reported that the 24-year-old man learned about this method online. When one takes in excess oxygen, the heart rate drops which leads to oxygen poisoning.
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It was also reported that a suicide note was recovered near where his body was found. In the letter, Nitesh talked about the struggles to pay for his treatment due to his prolonged illness. Nitesh, in his suicide note, also wrote about how he didn’t want his family to pay for his treatment anymore.
As per the Police, Nitesh researched painless ways to end his life and used a method which he learned during his research.
Another case of a similar nature came to the fore when a woman died by suicide subsequently after her husband committed suicide in South Delhi. It was reported that the 32-year-old woman was a resident of Hudco place in South Delhi.
The friend of the husband. who informed the police about the woman, told the media that the 32-year-old woman died by suicide after learning about the suicide of her husband.
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