'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
Addressing the G-20 University Connect initiative, the first event of India's presidency of the grouping, Jaishankar said it would also be India's endeavour to emerge as the voice of the Global South -- comprising Asia, Africa and Latin America -- that has to face the brunt of polarisation and conflict in the developed world.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
Ramesh sought to uphold the "prominence" of the Nehru-Gandhi family in the organisational matters in any sort of emerging situation.
The coup attempt has weakened Putin's position and in desperation he may well sanction the use of nukes, points out Colonel Anil A Athale (retd).
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
'In the long run, I don't foresee major ramifications [about Trudeau's allegations].' 'There's just enough hypocrisy among Western nations for India to douse the outrage.'
If the meeting takes place, then it will be the first one between the two leaders after the Russian invasion of Ukraine in February last year.
While arithmetic political stability is a reality, the end result of politics in Maharashtra is hard to predict.
Earlier this week, Congress president Mallikarjun Kharge and Rahul Gandhi held a series of meetings, including with Nationalist Congress Party supremo Sharad Pawar, Bihar Chief Minister Nitish Kumar, Rashtriya Janata Dal leader and Bihar Deputy Chief Minister Tejashwi Yadav and Janata Dal-United president Rajiv Ranjan Singh Lallan.
'The market will focus on the fact that India does have strong earnings growth this year.'
Ill-health forced Bihar Chief Minister Nitish Kumar to cancel his scheduled visit to Chennai on Tuesday, where he was invited by his Tamil Nadu counterpart MK Stalin, a key aide of the Janata Dal-United leader said.
"The intelligence community and the rest of the government are still looking at this. There's not been a definitive conclusion, so it's difficult for me to say, nor should I feel like I should have to defend press reporting about a possible preliminary indication here," National Security Council Coordinator for Strategic Communications John Kirby told reporters at a daily White House news conference.
Acceleration in demand, together with marginal price hikes of about 2-3 per cent by cement companies in the October-December quarter (third quarter, or Q3) of 2022-23, may not be enough to cushion the impact of high input costs on the bottom line, reveal Bloomberg consensus estimates for the quarter. Year-on-year (YoY) net sales growth in Q3 will come in at nearly 7 per cent, shows Bloomberg data, while bottom-line growth will show a sharp decline of 25 per cent from a year ago. The earnings before interest, tax, depreciation, and amortisation (Ebitda) will likely decline by nearly 5 per cent versus a year ago, shows data.
'The relationship between Kashmiri Pandits and Article 370 is vexed.' 'Sentiment in Jammu towards Article 370 was largely unfavourable and Jammu resented being lumped with Kashmir and placed on a different footing from the rest of India.'
The G20 leaders are set to state that today's era "must not be of war" at the summit in Bali, a British newspaper reported on Tuesday, citing a draft communique agreed by diplomats involved in the negotiations to finalise the document.
There's a straightforward relationship between economic activity and power consumption. If economic activity increases, so does power consumption. Since the latest GDP (gross domestic product) data indicates India's growth rates exceeded expectations in the second half if the 2022-23 financial year (H2FY23) and GDP estimates of FY24 are strong, we would expect power consumption to rise as indeed it has. There is also a direct relationship between power consumption and National Thermal Power Corporation or NTPC's results since the public sector undertaking (PSU) is the largest power generator in India.
The 21st Law Commission said the special status given to the entity of HUF was a 'so-called gift by the British', who could not comprehend the complex socioeconomic structure of Indian families. 'Now, this status is being used for the evasion of tax only,' it said.
The opposition AIADMK's discomfiture is likely to work in favour of the ruling DMK-backed Congress candidate.
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
The Goods and Services Tax (GST) Council, which is likely to meet in the third or fourth week of June, is set to clear the operational framework of the much-awaited GST appellate tribunal, which will deal with tax disputes and streamline resolution. "The final blueprint, mainly the operational part, is expected to be presented in the GST Council meeting for approval. "This will pave the way for the tribunal to be functional, both at the central and state levels," said a senior government official, who expects the tribunal to be up and running by November.
Without naming Chirag Paswan, the legislators are reported to have recalled the actions of the former Lok Janshakti Party chief during the 2020 state assembly polls while warning the CM that if they were not alert, it would not be good for the party.
Lamichhane's Rastriya Swatantra Party, which was formed just months ago, won 20 seats in the 275-member House of Representatives and is the third largest party among the ruling alliance.
He also rejected queries on whether a "cleansing act" was going on in the universities.
The economy is likely to log in a tepid 6 per cent growth next fiscal, in line with the consensus estimates, rating agency Crisil said on Thursday. The agency also sees the economy averaging a growth rate of 6.8 per cent over the next five fiscals. Crisil further said it expects the corporate revenue to log in double-digit rise again next fiscal.
The last word may not have been said on the churnings within the Pakistan army or the extent to which army chief General Asim Munir is in control, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'
Sun Pharmaceutical Industries (Sun Pharma) reported a turnaround in the January-March quarter of the 2022-23 financial year (Q4FY23), declaring a profit after tax (PAT) of Rs 1,984 crore versus a loss of Rs 2,277 crore in Q4FY22. However, that loss in FY22 was due to several exceptional one-time items -- with Rs 3,723.15 crore allocated to settlement of lawsuits in the US and other Exceptional Items adding up to Rs 3,935.75 crore. Adjusted for exceptional items, PAT in Q4FY22 amounts to Rs 2,155 crore, which is a year-on-year (YoY) growth of about 36 per cent.
Tribals constitute 7-8 per cent of the state's population, and are a deciding factor in 47 assembly seats and seven Lok Sabha constituencies spread across the Junglemahal districts of Purulia, Paschim Medinipur, Bankura and Jhargram in southern Bengal and Jalpaiguri and Alipurduar in the north.
'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'
The contrast between the two meetings couldn't have been more stark, yet, both were organically linked, the latter a show of support for the former.
'Like all long-term bull markets, the Indian stock market will continue to climb the proverbial wall of worry.'
Lump sum investments in equity and hybrid schemes of mutual funds (MFs) declined to Rs 17,900 crore in October - the lowest since January 2021. The fall in lump sum investments comes even as flows through systematic investment plans (SIPs) rose to a new all-time high of Rs 13,000 crore in October. The latest lump sum tally is just a third of the peak inflow of Rs 49,700 crore in July 2021.
The Brij Bhushan camp, who claim to have the support of 22 of the 25 state units, expressed 'confidence' of winning all 15 posts during the WFI elections on August 12.
Ahead of Congress leader Rahul Gandhi's 'Bharat Jodo Yatra' in Rajasthan, a committee comprising three state ministers on Monday held talks with a delegation from Gujjar community to address their demands related to reservation and other issues.
Titan posted better than expected revenue growth in the March quarter of the financial year 2022-23 (Q4FY23), powered by strong demand trends in the jewellery and watch segment. Standalone jewellery sales for the firm were up 24 per cent year-on-year (YoY) on a slightly lower base and aided by like-to-like growth of 19 per cent. The company highlighted that new buyer growth was at 15 per cent while average ticket size was up 8 per cent.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
Although the BRS is projecting supreme confidence, who will be able to tap anti-incumbency -- the BJP or Sharmila plus the Congress -- remains to be seen.
'It is difficult to replace him because if he is replaced, it will lead to a sense of defeat among the Meiteis, rightly or wrongly, and more chaos.'
"Hum saath hain (we are together) is the message we want to give," Uddhav said.
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