India to pull ahead of US in GDP terms by 2030: DBS

Agencies
July 22, 2018

New Delhi, Jul 22: The 10 major economies of Asia, including India, are expected to see robust growth and amount to over USD 28 trillion in real GDP terms on aggregate, more than the US by 2030, says a DBS report.

According to DBS the Asia-10 economies are -- China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand.

By 2030, Asia-10 economies will grow so robustly that they will, on aggregate, amount to over USD 28.35 trillion in real GDP (2010 constant dollars) terms, while for the United States will amount to USD 22.33 trillion.

"We expect Asia-10 to pull ahead of the US by 2030," DBS said, but added that this neither is a sufficient nor a necessary condition to invest in Asia, as investing cannot be based on a single indicator, especially when it comes to a long-term horizon.

According to the global financial services major, Asia has a bright economic future, however, all Asian economies face some common issues — climate change, rising inequality, worsening environment for trade, and technological disruption that can drag growth numbers.

"Several dynamics that have supported the economic development of the Asian economies in recent decades are weakening, and there are many changes in the international environment," DBS said in a research note.

The report further said the demographic dividend that many Asian countries benefited from in the past may not be as valuable now.

A young population creates a "challenge" in terms of generating jobs, in absence of which there will be high levels of unemployment, creating both an economic and social/political challenge, the report noted.

"Countries like India and the Philippines will need to work hard to create employment for its young population; while aging countries like Singapore, Japan and China may be able to offset the demographic drag through the active use of new technology," the report said.

Moreover, rising protectionism by global economies will act as a threat for investment flows into Asia.

"There is real potential for trade protectionism to emerge, which would reduce trade and investment flows in the region," DBS said adding that Asia is one of the most externally exposed regions in the world, and trade conflict would have a meaningful economic impact on the Asian economic outlook.

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News Network
December 23,2025

pakleader.jpg

A Pakistani lawmaker has called out the hypocrisy of his country's leadership, drawing a parallel between Islamabad's military actions against Kabul and India's 'Operation Sindoor'.

Condemning the Pakistan army, led by Asim Munir, for strikes on Afghanistan - which resulted in civilian casualties - Jamiat Ulema-e-Islam-F (JUI-F) chief Maulana Fazlur Rehman questioned the consistency of Islamabad's logic. He argued that if Pakistan's cross-border attacks are considered justified, then the country has little ground to object when India enters Pakistani territory to eliminate terrorists.

Rehman was addressing the 'Majlis-e-Ittehad-e-Ummat' conference on Monday in Karachi's Lyari. The town recently gained international attention as the setting for the Ranveer Singh-starrer Dhurandhar, which depicted the intersection of informants and operatives within the Lyari underworld.

"If you say that we attacked our enemy in Afghanistan and justify this, then India can also say that it attacked Bahawalpur, Muridke, and the headquarters of groups responsible for the attack in Kashmir," Rehman said, referring to India's retaliatory strikes. "Then how can you raise objections? The same accusations are now being levelled against Pakistan by Afghanistan. How do you justify both positions?"

The JUI-F chief's remarks specifically referenced 'Operation Sindoor'.

On May 7, Indian armed forces carried out pre-dawn missile strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke.

Pak-Afghanistan Tension

Fazlur Rehman has been a consistent critic of the Pakistani government's policy towards Afghanistan. In October, during a peak in bilateral tensions, he offered to mediate between the two nations. According to a Dawn report, he stated, "In the past, I have played a role in reducing tensions between Pakistan and Afghanistan, and I can still do so."

Rehman is known to wield significant influence within the region and remains the only Pakistani lawmaker to have met with the Taliban's supreme leader, Haibatullah Akhundzada.

Recently, India condemned Pakistan's fresh strikes on Afghanistan. "We have seen reports of border clashes in which several Afghan civilians have been killed," Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said at a weekly media briefing.

"We condemn such attacks on innocent Afghan people. India strongly supports the territorial integrity, sovereignty and independence of Afghanistan," he said.

A spokesperson for the Taliban regime claimed Pakistan initiated the attacks and that Kabul was "forced to respond".

The two countries have been locked in an increasingly bitter dispute since the Taliban authorities retook control in Kabul in 2021, with Islamabad accusing its neighbour of harbouring terrorists - a charge that the Afghan government denies.

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News Network
December 13,2025

New Delhi: School-going children are picking up drug and smoking habits and engaging in consumption of alcohol, with the average age of introduction to such harmful substances found to be around 13 years, suggesting a need for earlier interventions as early as primary school, a multi-city survey by AIIMS-Delhi said.

The findings also showed substance use increased in higher grades, with grade XI/XII students two times more likely to report use of substances when compared with grade VIII students. This emphasised the importance of continued prevention and intervention through middle and high school.

The study led by Dr Anju Dhawan of AIIMS's National Drug Dependence Treatment Centre, published in the National Medical Journal of India this month, looks at adolescent substance use across diverse regions.

The survey included 5,920 students from classes 8, 9, 11 and 12 in urban government, private and rural schools across 10 cities -- Bengaluru, Chandigarh, Delhi, Dibrugarh, Hyderabad, Imphal, Jammu, Lucknow, Mumbai, and Ranchi. The data were collected between May 2018 and June 2019.

The average age of initiation for any substance was 12.9 (2.8) years. It was lowest for inhalants (11.3 years) followed by heroin (12.3 years) and opioid pharmaceuticals (without prescription; 12.5 years).

Overall, 15.1 per cent of participants reported lifetime use, 10.3 per cent reported past year use, and 7.2 per cent reported use in the past month of any substance, the study found.

The most common substances used in the past year, after tobacco (4 per cent) and alcohol (3.8 per cent), were opioids (2.8 per cent), followed by cannabis (2 per cent) and inhalants (1.9 per cent). Use of non-prescribed pharmaceutical opioids was most common among opioid users (90.2 per cent).

On being asked, 'Do you think this substance is easily available for a person of your age' separately for each substance category, nearly half the students (46.3 per cent) endorsed that tobacco products and more than one-third of the students (36.5 per cent) agreed that a person of their age can easily procure alcohol products.

Similarly, for Bhang (21.9 per cent), ganja/charas (16.1 per cent), inhalants (15.2 per cent), sedatives (13.7 per cent), opium and heroin (10 per cent each), the students endorsed that these can be easily procured.

About 95 per cent of the children, irrespective of their grade, agreed with the statement that 'drug use is harmful'.

The rates of substance use (any) among boys were significantly higher than those of girls for substance use (ever), use in the past year and use in the past 30 days. Compared to grade VIII students, grade IX students were more likely, and grade XI/XII students were twice as likely to have used any substance (ever).

The likelihood of past-year use of any substance was also higher for grade IX students and for grade XI/XII students as compared to grade VIII students.

About 40 per cent of students mentioned that they had a family member who used tobacco or alcohol each. The use of cannabis (any product) and opioid (any product) by a family member was reported by 8.2 per cent and 3.9 per cent of students, respectively, while the use of other substances, such as inhalants/sedatives by family was 2-3 per cent, the study found.

A relatively smaller percentage of students reported use of tobacco or alcohol among peers as compared to among family members, while a higher percentage reported inhalants, sedatives, cannabis or opioid use among peers.

Children using substances (past year) compared to non-users reported significantly higher any substance use by their family members and peers.

There were 25.7 per cent students who replied 'yes' to the question 'conflicts/fights often occur in your family'. Most students also replied affirmatively to 'family members are aware of how their time is being spent' and 'damily members are aware of with whom they spend their time'.

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