Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
'Washington is telegraphing here is its willingness to support a low-grade, limited use of force meant to send a strong message to Pakistan.' 'Perhaps something along the lines of the surgical strikes in 2016, or perhaps something a bit more -- but not much more.'
The NHRC said it has taken suo motu cognisance of the issues related to the cremation and undignified treatment of dead bodies as raised by Jitendra Singh Shunty, a member of its Core Group of Human Rights Defenders.
The old Parliament building will now be known as 'Samvidhan Sadan', Lok Sabha Speaker Om Birla said on Tuesday as the functioning of Parliament shifted to its new building in New Delhi.
Sinead O'Connor, the gifted Irish singer-songwriter, became a superstar in her mid-20s and was known as much for her private struggles and provocative actions as for her fierce and expressive music.
'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.'
Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.
India is deeply concerned over the spike in the price of oil due to the Russia-Ukraine conflict and it is "breaking our back," External Affairs Minister S Jaishankar has said. Addressing a joint press conference with US Secretary of State Antony Blinken after holding bilateral talks, Jaishankar on Tuesday said there is a very deep concern among developing countries about how their energy needs are addressed. Speaking about the Ukraine war, he said: "We have taken the position privately, publicly, confidentially and consistently that this conflict is not in anybody's interest."
Collectively, the pack of 12 has posted a 50 per cent rise in profits -- Rs 25,685 crore. On a quarter-on-quarter basis (that is, September over June), the rise is 68 per cent. Public sector banks have never had such a stellar performance, explains Tamal Bandyopadhyay.
BJP state chief K Annamalai, who announced a relief of Rs 10 lakh on behalf of the party to Prabhu's family, said the party would bear the education expenses of the soldier's two children.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
'There will be positive growth, but if you ask me whether we are going to have the original growth rate of 8%, the answer will be, no.'
'The staff student ratio in Kerala medical colleges is already compromised as in the last few years, the Kerala government has taken a decision to admit maximum number of students in all the medical colleges.'
'Over one million people served in various battlefronts during World War I. And yet, even today, we know so very little about them.' 'It is absolutely essential to acknowledge this part of India's colonial history,' Santanu Das tells Vaihayasi Pande Daniel/Rediff.com
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
The lowly kadu is promoted to an awesome pumpkin soup.
Of the 18,000 medical students who returned to India last year, 5,000-7,000 have either shifted to universities in Georgia, Russia, Serbia, Uzbekistan, Kyrgyzstan, Kazakhstan and Moldova or are in the process of seeking a transfer to those.
These sweeping financial sanctions follow the action earlier this week to cut off Russia's frozen funds in the United States to make debt payments.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
India's economic growth is now 'extremely fragile' and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Friday. Varma further said out of the four engines of growth for the economy, exports and government spending supported the Indian economy through the pandemic, but other engines need to pick up the baton now. " I like to think in terms of the four engines of growth for the economy: exports, government spending, capital investment and private consumption. "...while exports cannot be the main driver of growth because of the global slowdown, government spending is necessarily limited by fiscal constraints," he told PTI.
India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.
Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.
How a swanky Mumbai cultural venue was transformed into a contact-less facility to combat coronavirus.
'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'
Barack Obama is expected to ask for India's support to create a global coalition against ISIS when he meets Narendra Modi on Monday. Sheela Bhatt/Rediff.com reports from New York.
Scores first in UK's 'WAGatha Christie' soccer wives' libel trial.
The two-time MP was taking part in the Rahul Gandhi-led march in Phillaur in Jalandhar where he fainted, said senior party leader Partap Singh Bajwa, who was also marching in the yatra.
If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.
The Democrats, especially the Biden administration, wanted to deliver a sharper message to Mr Modi than would be possible in a formal summit setting. So, why not get the most prominent Democrat in decades to deliver it?, explains Shekhar Gupta.
The mixed narratives emerging from Russia undermine Mr Putin's position and authority even more than the actual facts, observes Mihir S Sharma.
'Had there been no war, maybe, we would come out with a 7.5 per cent stake sale.' 'At this point in time, a 3.5 per cent stake sale looked good.'
Here are some facts about Rishi Sunak and his India connections.
The Taliban described co-education as the 'root of all evils in society'.
'The Indian economy and the Indian financial sector today remain resilient and much better placed.'
In a fresh anti-India tirade, Pakistan's Defence Minister Khawaja Asif has alleged that the assault on an Indian army base in Uri that killed 18 soldiers was a "plan devised by India itself".
The top court also took note of the submissions about objectionable public utterances by some groups and individuals.
