Observing that the world needs a new engine of growth, Prime Minister Narendra Modi today said India is poised to contribute as the new engine of global growth and asserted that a larger Indian economy has "multiple benefits" for the world.

"This is the time when the world needs new engine of growth. It would be nice if the new engines are democratic engines," PM Modi said in his address to the American business community at the annual gala of the US India Business Council (USIBC).

"Today, India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world," the Prime Minister said as he listed out the achievements of his government in economic reforms and liberalisation of policies.

As a result, India has now emerged as the one of the fastest growing economies of the world and urged the American businesses to come and invest in India, set up efficient manufacturing units.

"India is much more than a market," he said, adding that it is a "reliable partner", as he listed out the key features of a resurgent Indian economy that is geared to become "driver of global economy".

The Prime Minister said that a larger Indian economy has multiple benefits for the world.

The Prime Minister said as India marches ahead on the path of development, it needs to learn from the America experience, in particular its entrepreneurship, technological advancement and products which ranges from drugs to drones.

"Indeed, to me America is not just has a great past, but it is a country with an exciting future," the Prime Minister said.

PM Modi exuded confidence that Indo-US partnership would benefit both the countries. He said his government has taken decisive steps to curb corruption.

"We would continue to have disciplined and prudent Macro-economic policies," he told the US corporate leadership.

"We would continue to improve the investment climate and ease of doing business," the Prime Minister said, adding his government wants to make India a destination which not only welcomes businesses but also it is easier to do business.

PM Modi urged developed countries to open their market. "We see this as a win-win situation," he said.

Pakistan seems to have failed to seal the US $700 million deal for the purchase of eight F-16 fighter jets from the US following a row between the two countries over their financing, a media report said on Saturday.

The Pakistani government was required to provide the Letter of Acceptance for purchase of the jets by May 24, but Dawn News reported that the document was not issued leading to expiry of the offer.

"Pakistan decided not to fully fund the case with national funds, so the terms of sale have now expired," a diplomatic source was quoted as saying by the daily.

However, Pakistan's Ambassador to US Jalil Abbas Jilani, told the daily that "a dead-end has not been reached as yet".

Initially, the US $700 million deal for eight F-16C/D Block-52 multi-role fighters, was to be partially financed through the US Foreign Military Financing (FMF) programme but the Congress disallowed subsidising the sale.

The subsidising was disallowed over concern that Pakistan had not done enough to end the dreaded Haqqani network's terror sanctuaries on its soil as well as fears over Islamabad's nuclear programme.

Pakistan, which expected to get the fighters at the subsidised rate of USD 270 million, was subsequently asked by the US administration to make the full payment for the eight aircraft from its national resources.

This was not acceptable to Pakistani authorities, who remained adamant that the offer must come without any preconditions.The aircraft were required by Pakistan Air Force (PAF) for counter-insurgency and counter-terrorism operations, the report said.

The jets would have come with "all-weather, non-daylight environments and self-defence/area suppression capability".

It was unclear why Pakistan missed the opportunity despite pressing requirement for the jets, although it had originally desired to acquire 18 F-16s, the daily said.

Some quarters believe that providing the Letter of Acceptance would have kept the window open for re-negotiating the financing arrangement at a later stage, it said.

Pakistan Prime Minister's Adviser on Foreign Affairs Sartaj Aziz said last month that Pakistan could look to buy the aircraft from some other country if the deal did not go ahead.

He also said earlier this month that Pakistan's ties with the US had witnessed a "downward slide" amid the row over the Congress' decision to block the sale of the jets.

Defence Minister Khawaja Asif had said last week that Pakistan will explore other options to meet its defence needs if the deal for F-16s did not materialise with the US.

Gujarat Lions batsman Aaron Finch said he and his teammates could only stand and appreciate the match-winning knock of David Warner, who single-handedly crushed their hopes and took Sunrisers Hyderabad to the Indian Premier League (IPL) summit clash with his majestic 93 in Qualifier 2 on Friday night.

In the Qualifier 1 also, Lions were inches away from the final but for a gritty knock from AB de Villiers.

After scoring 162 for seven , Lions had Hyderabad at 84 for five and then 117 for six but skipper Warner carried his bat and saw his side through to the final where his team will face the Virat Kohli-led Royal Challengers Bangalore.

"Tonight, I think that we had a very competitive total, it was around par. 170 would have been nice as it turns out, but two (De Villiers and Warner) of the best players in the world have both got big scores against us in the last two games. Sometimes you just have to take your hat off and appreciate how good cricketers the two are. And say well played," Finch said at the post match press conference.

The Australian was effusive in praise of his compatriot.

"It was an amazing knock, wasn't it? The way that he controlled the innings and went right through and got them home was outstanding. We have been at the receiving end of a couple of great knocks in this tournament, and it is just that one batter in every couple of games seems to get us," Finch said.

"AB (De Villiers) in the last game and Davey (Warner) tonight. We can hold our head up very high. We played some really great cricket throughout this tournament but unfortunately we just couldn't get the world-class players out when it counted right at the end there."

Asked which Indian player impressed him the most in the entire Lions campaign in their debut season, Finch named spinner Shivil Kaushik.

"I think we have seen an unusual spinner in this tournament in Shivil. He has been outstanding for us. Anyone who can bowl with an unusual action like that and who can spin the ball both ways is a huge asset, and he has been outstanding," Finch said.

The attacking batsman also mentioned Kaushik's impact spell in last night's match, where he gave away only four runs in two overs and eventually 22 in four. His tight bowling in the middle overs put pressure on Hyderabad batsmen, keeping his side in the hunt.

"It was beautiful the way that he bowled tonight. Under pressure in a big game, to come back into the team after a few games out just shows a real lot of character and someone who hasn't had cricket given to him easily. He has had to work very hard for what he has achieved. He was great all season and I think he can play a big part going forward," he said.

Thousands of Central Board of Secondary Education (CBSE) students swayed between anxiety, curiosity and nervousness hours before their Class 10 board examinations results were declared on Saturday.

Students can check their results on the board’s result website http://cbseresults.nic.in/

Also Read | CBSE Class 10 results: Here’s how to calculate percentage from CGPA

This year, 14,99,122 students, including 8,92,685 boys and 6,06,437 girls, from 15,309 schools registered for the examination. The pass percentage of Class 10 students was 97.32 last year.

Students who opted for board-based scheme appeared for the examination between March 1 and March 28. Those who opted for school-based examination took the papers from March 10 onwards.

Some were confident of doing well in the exam, some sounded apprehensive and some are already studying for competitive exams.


Allahabad

According to Yashika Gupta, a student of Allahabad’s Maharishi Patanjali Vidya Mandir (MPVM), it was 99% excitement and 1% nervousness as she had done well in the examinations and was expecting nothing less than a 10 Cumulative Grade Points Average (CGPA).

“The delay in declaration of results in adding up to the excitement and nervousness with each passing hour,” she said.

Yashika’s classmates Manya and Amartya Yadav said the delay in the announcement has made them all the more nervous.

“Earlier the results were expected on May 24 which shifted to May 27 and now it is expected to be declared on May 28. The delay is adding up to the tension,” Amartya said.

Like other examinees, Shivansh Tripathi of Ganga Gurukulam School is also experiencing bouts of nervousness and excitement.

“We are keeping our fingers crossed. It’s not about clearing the exams for us, it’s about how well we fare as compared to our friends and expectations,” he said.

Lucknow

Nearly 12,000 students registered for the Class 10 examination and of these at least 750 took the board examination and rest appeared in home examination, a board official said in Lucknow.

Anxiety was palpable in the voice of Rashmi Modiyani, a student of St Anjani’s Public School in Lucknow, who appeared for home centre and is targeting a CGPA of 10.

“I had a very planned approach from the beginning of Class 9 and had given my best for all activities as well as assessments,” she said.

Rashmi’s mother took her to seek the blessings of Lord Hanuman for an impressive result.

Akash Maurya lost his father a few years back and his maternal grandfather, who was paying for his education, also died last year. Despite the emotional trauma, he braved all odds to appear for the exams.

Prime Minister Narendra Modi today asserted that a mood of hope pervaded the country replacing hopelessness that prevailed under the UPA rule as he pitched his government as one dedicated to the poor and farmers which prevented the "loot" of public money.

Addressing the first of his four public rallies here in Uttar Pradesh, which will have assembly polls next year, to mark the second anniversary of his government, Modi reached out to the electorate, calling himself a "UP wala" who cared for the farmers.

Asserting that India was growing at the fastest rate, Modi said only two years ago many thought the country had "sunk".

"They would say India has sunk and things cannot change. There was a mood of hopelessness while there is hope and enthusiasm today. Earlier there was a mood of unease, now it is about moving forward," he said.

He also attacked the previous Congress-led government over corruption, while flagging his government's "honest" credentials.
"Look at the newspapers and TV channels two years ago. Corruption in high places was the norm. I am now in the government and I am shocked how past governments have looted the country.

"Are governments installed to loot? I am here to end that culture. I want to ask you have you heard of any news about our government looting even a rupee? Have even our critics managed to accuse us of corruption? Two years ago no one had the courage to come to the people and ask them for an opinion, he said.

The Prime Minister repeatedly spoke of his "pro-poor" and "pro-farmer" schemes throughout his half-an-hour speech and took swipes at the previous Congress-led government by raising the issue of corruption and speaking of BJP s taint free governance.

He said his government had taken a series of measures to help clear the dues of sugarcane farmers, a politically important constituency in the region, while other governments were not concerned about them.

Recalling that in his address after he was elected the leader of the BJP-led NDA following the Lok Sabha win he had promised his government would be dedicated to the poor, Modi said every decison he had taken ever since was in that direction.

"If you look at my work of two years, you will see one decision after the other was taken to empower the poor to fight poverty, to strengthen the poor against poverty so that they could defeat it. No poor man wants to bequeath poverty to his children. I have always tried to work for the common man," he said.

Tamil Nadu Chief Minister and AIADMK leader J Jayalalithaa today nominated four party leaders, including a former minister, for the June 11 Rajya Sabha elections.

Ms Jayalalithaa announced the candidature of R Vaithilingam, housing minister in the previous AIADMK Cabinet, former Rajya Sabha member A Navaneethakrishnan, advocate A Vijayakumar and SR Balasubramanian for the biennial elections.

Mr Vaithilingam had lost the May 16 Assembly elections from Orathanadu while Mr Balasubramanian had joined the party recently after walking out of GK Vasan-led Tamil Maanila Congress protesting against its decision to align with the DMDK-PWF combine for the polls.
The tenure of six Rajya Sabha members from Tamil Nadu will end on June 29.

AIADMK's Navaneethakrishnan, AW Rabi Bernard and PH Paul Manoj Pandian and DMK's KP Ramalingam and S Thangavelu and former Union minister and Congress leader Sudarsana Natchiappan are those who will be retiring next month.

Out of the six members, Navaneethakrishnan was elected in 2014 and others in 2010. He filled the vacancy caused by the disqualification of DMK's TM Selvaganapathi.

India will have its indigenously-built supercomputer next year in the month of August, as confirmed by the officials of Minister of Science and Technology. The building of supercomputer is a part of the government’s Rs. 4,500 crore programme, approved in March last year.

The project is supervised by the Centre for Development of Advanced Computing that built India’s first supercomputer ‘Param’. It is aimed at taking India to the elite league of nations who have made similar advancements in the field of technology.

The supercomputing mission started by the Government of India is aimed at building 80 supercomputers in the next seven years. Some of the supercomputers will be imported, and the rest will be built indigenously.
“The first supercomputer will come up by August 2017”, stated Ashutosh Sharma, Secretary, Ministry of Science and Technology. “We are working on how to control heat”, he added. The secretary also explained that the cost of power to run this supercomputer alone will be Rs. 1,000 crore and will be kept in different institutes across the country. These supercomputers offer various features like weather forecast, climate modelling, discoveries of drugs and many others, Ashutosh added.

Currently, countries like US, China, Japan and the European Union hold a significant share of the top supercomputing machines in the world.

With the indigenously-built supercomputer, Prime Minister’s vision of “Make in India” is taking shape as different sectors of science and technology are coming forward to contribute to this mission, and projecting India as their new incubation hub.

The new Supercomputer is an endeavor by the Indian Government as a part of five years long project, aimed to proliferate the momentum of research and application.

The wait for students, who appeared for the Maharashtra state education board examinations, has finally come to an end. Results of the Higher Secondary Certificate (HSC) exams will be declared online on Wednesday, while that of the Secondary School Certificate (SSC) is likely to be declared on May 31.

The HSC exam results will be announced online at 1pm and mark sheets will be distributed in junior colleges on June 3.

“We are announcing the results earlier than usual so that students failing in exams can apply for the supplementary exams in July,” said Gangadhar Mhamane, chairperson, Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE).

More than 13 lakh students from across the state, including 3.2 lakh from Mumbai division, took the HSC exams, which were conducted between February and March this year. More than 17 lakh students had appeared for the SSC exams in the state and 3.7 lakh in the division.

During the exam, question papers of the HSC book keeping and accountancy paper held on March 4, was leaked on social media, nearly 30 minutes before the paper was distributed to the examinees. But the board refused to conduct a re-exam claiming the paper did not reach a large number of students.

Science students are anxious about their performance in physics as they found the paper tough to crack. Several students had rung up the board helpline after the paper, inquiring about the minimum marks required to clear it. The paper was based on the new syllabus introduced a couple of years ago. Students found the paper lengthy and difficult. Close to 85,546 students had appeared for the paper from the Mumbai division, which includes Thane, Raigad and Palghar.

Special students were also given more concessions during the exams this year. For the first time this year, the board had allowed special students to avail of adult writers, if they were unable to find younger ones. This provision was introduced after autistic students’ kin moved the Bombay high court, as younger writers were unable to communicate with the students

Dhawal Kulkarni’s sensational opening burst of fast bowling rocked Royal Challengers Bangalore (RCB) to their very core but somebody had obviously forgotten to inform AB de Villiers that Gujarat Lions (GL) were in control of the game.

RCB had lost five wickets in five overs (5.3 overs to be precise) and had literally gone belly-up, but the unflappable ABD soaked up the pressure, carved up the attack and turned the tables magnificently to power his team into the final of the IPL with a four-wicket win.

Earlier, the light drizzle at the innings change-over had sent RCB into a tizzy as they chased of a modest target of 159. “The skipper Virat Kohli was a bundle of energy at the break telling us how to overcome that and plan the chase. I told him ‘look Virat, you’re the thinker. Me, I’d just play it as it comes,” revealed ABD at the media briefing after the match.

And how marvellously it came to him on a night when RCB had been literally brought to their knees. The home team were reeling at 29 for 5 and later 68 for 6 but, as GL’s Dwayne Smith summed up after the match, the visitors being in control was an illusion and “not while De Villiers was still at the wicket.”

In a team flush with match-winners, what made ABD special, particularly in a match like this, was the ability to suss the situation and, more importantly, to be able to play accordingly.
“I felt when we were bowling that 160 would be a difficult score to chase on this pitch. It was a peculiar one with the ball not really coming on to the bat,” he said.

One such delivery accounted for the wicket of RCB’s prolific run-machine Kohli. The batsman, conscious of impending rains which had already hit a few parts of the city and hence wary of the Duckworth- Lewis Rain rule which would kick in after the completion of five overs, did not attempt to play himself in as he customarily does. He went after a widish delivery but succeeded in only dragging the ball onto his stumps. GL were ecstatic with the dismissal while the capacity crowd was stunned into silence. RCB’s hero who had amassed a mind-boggling 913 runs this season had been dismissed for a second-ball duck. They simply could not comprehend that.

In Kulkarni’s next over Gayle was similarly dismissed, this time while playing a wild heave off the front foot. The consistent KL Rahul was prised out first ball by a peach of a delivery and with Shane Watson (1) and Sachin Baby (0) too sent packing, the wheels had literally come off RCB’s run chase.

Or so we thought. All the while, and even when Stuart Binny (21, 15b, 2x4, 1x6) took the lead in a crucial 39-run sixth wicket partnership, ABD was biding his time and sizing up the pitch and bowlers.

“As soon as Iqbal Abdullah came into bat and played out an over I realised that he was up to the task. Sometimes you get that feeling. The way his eyes lit up and the manner in which he shaped up, I knew I did not have to tell him anything. In fact he was counselling me. It was obvious that he had been in such tough situations before,” said ABD singing praises of RCB’s unexpected man of the hour who had shared that match-winning unbroken seventh-wicket stand of 91 runs in 8.4 overs.

The South African master batsmen had kept RCB in the fight with the odd boundary even as he ran his singles and twos with gusto. The tiny left-handed Abdullah too had wasted no time in squeezing the ball into the gaps and giving the strike back to ABD.

At the end of the 14th over with RCB at 96 for six and requiring to score at 11 runs per over, ABD said Kohli had sent word not to leave it to the end and that he feared it could rain any moment. This was just the trigger for the master blaster. The crowd simply went berserk and the bowlers withered as he went hammer and tongs at the attack as only he can. Lofted drives, pull shots off the front and back foot, reverse sweeps -- this was vintage ABD stamping his authority on the opposition in no uncertain terms. Abdullah too chipped in with a flurry of boundaries as RCB raced home in style.