Marc Faber, legendary contrarian investor and author of The Gloom, Boom & Doom Report, talks to Jitendra Gupta on recent market correction, road ahead for Indian markets, global economic recovery and whether there is a bubble in China or not.
New South Wales breezed into the final of the Champions League Twenty20, steamrolling country cousins Victoria Bushrangers by 79 runs in a grossly lop-sided semi-final in Delhi on Wednesday night.
Tales of tragedy, grief, dashed hopes and relief surround the crash of the Boeing 737-800 in Mangalore. While some of them are about people who missed the ill-fated flight by a whisker, others are about passengers who took the doomed flight at the last minute.Among the many tragic stories about the crash victims, one is about Zulekha and her son Abdul Salam, who were returning to Kaup near Mangalore after eight years to meet Zulekha's mother.
The real winners will be those who best align social, environmental, human and financial aspects of a companies' work, says Rajni Bakshi.
'The Indian economy has become like a car that has the appropriate wheels on one side -- political liberalism -- and scooter wheels -- economic illiberalism -- on the other,' points out T C A Srinivasa Raghavan.
Frameboxx -- an animation and visual effects company is organising a mega seminar with the objective of bridging the gap between the booming animation and visual effects industry and aspiring candidates who wish to make it big in this field.
Here are five talking points from the weekend's action:
'It will be a ghastly mistake for the CPI-M to face the 2019 poll on its own.' 'At best, it can hope to split non-BJP votes in some pockets, but the humiliating rout will spell its doom,' warns M K Bhadrakumar.
Jonatan Christie gifted Indonesia the Asian Games gold medal they most yearned for when he beat Taiwan's Chou Tienchen in an exciting men's singles badminton final in front of a vociferous home crowd on Tuesday.
In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.
Sachin Tendulkar has no hesitation in terming India as favourites going into the World Cup but what makes him happier is the team's ability to be competitive 'in any part of the world and on any surface'.
Britain's Prince Charles on Wednesday blasted capitalism and consumerism for having 'brought the world to the brink of economic and environmental doom.
Karim Benzema made history at Real Madrid, the battle for the top four continues to heat up
The possibility of a terror link in the crash of the Air France jet into the Atlantic emerged on Wednesday night with a leading TV channel reporting that two of the passengers had shared names with some terror suspects, but the French police appeared to downplay it.
The banking sector and particularly the banks in India, is probably the one industry that has not only managed to survive the economic slowdown but even thrive during these hard times. But how? Increased CASA deposits!
Kevin Pietersen's relationship with England coach Peter Moores was doomed from the very start as the skipper respects only South African coaches or those who have been world class players, claims his former county team Nottinghamshire's Director of Cricket Mick Newell.
Does the BJP's victory in three states spell doom for the opposition Congress in the next general election?
Analysts believe that the worst might be over for Indian IT and the sector might just be entering a stabilisation zone. However, they caution that it will be at least a year before tech companies start growing again, even though the Indian economy might revive earlier on the back of strong consumer demand.
'Few athletes are ever able to win his admiration; he mostly relegates them to the status of worthless imbeciles,' says Dhruv Munjal.
Perennial slow starters Mumbai Indians are on course for a trademark late-season charge into the Indian Premier League play-offs, thanks largely to some impressive performances by all-rounder Hardik Pandya.
The Legend of Hercules is merely a mash up of 300, Gladiator, Troy and pretty much every other film made about ancient Greece.
Employee dissatisfaction could spoil the recovery party that the world awaits.
The erstwhile reigning queen of Bollywood is presently struggling for that one elusive 'hit'.
Petty-minded infighting, ego clashes, lack of finances, failed poll planks/issues, ineffective leadership, confused and demotivated cadres, and acute casteism are some of the causes dragging this national party down in UP.
'The economy needed 3 or 4 major fixes. The major one was, of course, the direct tax structure, but we ended up complicating the existing convoluted tax structure,' says M R Venkatesh, chartered accountant and lawyer.
The director's close friendship with model/actress' former husband, writer Salman Rushdie may be just the reason.
Looking at the forthcoming year, while there will be macroeconomic challenges, industry in India is better off because we are still growing. If we manage the next 12-18 months, we should emerge stronger, says S Gopalakrishnan.
The story of gloom and doom continues to haunt the US economy. With advertising revenue going downhill, two of US newspaper majors -- The New York Times and The Washington Post -- plan another round of pay cuts and layoffs. Facing financial difficulties, the New York Times Company has imposed five per cent temporary pay cut for most employees and laid off 100 workers.
Sonchiriya is that rare Bollywood film, one that soars wildly above others in its genre, notes Ritwik Sharma.
The figure constitutes less than one per cent of the company's 1,30,000-workforce. According to the report, a TCS spokesperson reasoned that these employees had failed to meet performance standards.
The Hyderabad-based Humane Society International/India has set up an emergency helpline to coordinate animal rescue throughout Kerala. It is collaborating with Compassion Unlimited Plus Action, based in Bangalore, for rescue efforts in Karnataka's hill district of Coorg.
The veteran actor was admitted to Lilavati hospital on Sunday, Septmember 15.
An Olympic medal, whatever its hue, could do wonders to Greco-Roman, just like Sushil Kumar's bronze at the 2008 Beijing Games did for freestyle wrestling in India.
Elizabeth Gladys Dean, the last remaining survivor of the Titanic ship-wreck has died, nearly 100 years after she was rescued, at 9 weeks of age, from the doomed ocean liner's deck.
Former Uttar Pradesh chief minister Kalyan Singh on Tuesday announced that he has resigned from the Bharatiya Janata Party. Singh is reportedly unhappy with the party top brass for sidelining him. His resignation comes in the wake of rumours that he might join the Samajwadi Party, after he met SP supremo Mulayam Singh a few days ago.
Terrified that their bloody primary campaign will doom them in the November presidential elections in the US, some Democrats are floating a consolation prize for Hillary Clinton -- Governor of New York State, according to a media report. The travails of New York Governor David Paterson have opened up a new potential career path for Clinton, Newsweek says quoting unidentified well-informed Democratic Party insiders.
The Board of Control for Cricket in India on Thursday said it is neither sad nor relieved after the government instructed the Cricket Board to call off the Indian team's tour of Pakistan in the wake of the Mumbai terror attacks. The fate of the tour was already hanging in balance with a number of senior players reluctant to tour a strife-torn Pakistan owing to security apprehension.
'The Modi government is trying hard to see if it could be sold to a private airline.' 'But it appears there are no takers.' 'If no buyer comes forward by June, the government will close down Air India,' predicts A K Bhattacharya.
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