National Security Advisor Ajit Doval is in Beijing for the 25th round of Special Representatives talks on the India-China boundary issue with his Chinese counterpart Wang Yi. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to India for the BRICS summit, offering a potential opportunity for a meeting with Prime Minister Narendra Modi. The talks aim to address the long-standing border dispute and recurring tensions, with both sides emphasising the importance of peace and tranquillity for bilateral relations amidst recent reports of aggressive Chinese posturing in Arunachal Pradesh.
The death toll from devastating flash floods in Nepal has surged to 1,050, with nearly 4,000 people, including foreigners and security personnel, still missing. Rescuers are struggling with intermittent rainfall, rising river levels, and difficult terrain, while expert teams from India and China assist in operations, particularly at hydropower project sites where many workers are believed to be trapped in tunnels.
As devastating flash floods swept through parts of Nepal, triggered by torrential rains and a surge in the Bhote Koshi River, Nepali residents and workers in Delhi spent Wednesday anxiously trying to reach family and friends back home, with reports of deaths and hundreds missing causing widespread worry.
'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'
The US has informed allies it will avoid new military strikes on Iran, instead focusing on economic sanctions and maritime enforcement, particularly in the Strait of Hormuz. This strategic shift aims to intensify pressure on Tehran's economy and oil exports while keeping the military option open if Iran initiates aggression. Diplomatic efforts continue amidst persistent regional tensions and maritime incidents.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
'After announcing that she will return to Bangladesh, if she does not, her credibility will suffer.'
Analysts predict that geopolitical developments, particularly surrounding the Strait of Hormuz and the US-Iran standoff, along with crude oil prices, will be the primary factors influencing stock market movement in the coming week. Investors will also monitor foreign institutional flows and the Federal Open Market Committee (FOMC) minutes for signals on the Federal Reserve's policy outlook.
Bangladesh has stated there is "no rush" for Prime Minister Tarique Rahman's visit to India, emphasising that Dhaka will not compromise its national interests. State Minister Humaiun Kobir indicated the visit would occur after sufficient bilateral progress. The visit is crucial for mending India-Bangladesh ties, which have been strained, particularly following the ouster of former PM Sheikh Hasina and Bangladesh's subsequent extradition request.
A senior cryosphere specialist has warned of a potential secondary flash flood in Nepal due to debris from an ice-rock avalanche accumulating at a river confluence, creating a temporary dam that is collecting water.
Indian government sources revealed that a 'cautious approach' was adopted during Prime Minister Narendra Modi's June talks with then-US President Donald Trump due to concerns over Trump's 'unpredictable behaviour' with foreign leaders, leading to a preference against a joint media interaction.
Nepali Prime Minister Balendra Shah held his first one-on-one meeting with Indian Ambassador Naveen Srivastava, signalling a shift towards direct diplomacy after previously preferring group interactions. The discussion focused on strengthening bilateral ties, development partnerships, and mutual interests between India and Nepal.
Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.
Bangladesh has requested India to create a "conducive environment" for Prime Minister Tarique Rahman's potential visit to New Delhi for the BRICS summit, linking it to their demand for the extradition of former prime minister Sheikh Hasina. This comes amidst strained relations following Hasina's media interaction in New Delhi, which Bangladesh deemed offensive, and her subsequent death sentence in absentia for "crimes against humanity." India maintains that the extradition request is under examination and that it had no role in Hasina's media event.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
External Affairs Minister S Jaishankar visited Kyiv, reiterating India's readiness to assist in ending the Ukraine-Russia war. He emphasised that solutions would not emerge from the battlefield and highlighted Prime Minister Modi's call for an end to the conflict. Discussions also covered humanitarian aid, the impact on commercial shipping, and bilateral trade, with Jaishankar inviting his Ukrainian counterpart to India for further talks.
India has provided 68.5 tonnes of relief materials to flood-hit Nepal and sent technical teams, forensic experts and equipment to assist in search and rescue operations, the Indian embassy said.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
Bangladesh has once again sought the extradition of former premier Sheikh Hasina from India during High Commissioner Dinesh Trivedi's first meeting with Prime Minister Tarique Rahman in Dhaka, amidst fresh strains in ties between the two countries following Hasina's controversial virtual media interaction in New Delhi.
The death toll from flash floods in central Nepal has surged to 734, with nearly 2,500 people still missing. India has intensified its rescue and relief efforts, sending additional aid, technical teams, and forensic experts, while also working to locate and rescue over 275 missing Indian nationals.
India on Tuesday conveyed to China the importance of maintaining peace and tranquility along the Line of Actual Control (LAC) for overall bilateral ties as national security advisor Ajit Doval held talks with Chinese Foreign Minister Wang Yi focusing on delimitation of the frontier and sustaining work on trans-boundary cooperation.
Bangladesh on Wednesday expressed outrage over deposed prime minister Sheikh Hasina's media interaction in New Delhi, saying the event has hurt the sentiments of its people and could adversely affect efforts to improve bilateral ties with India.
Congress president Mallikarjun Kharge has said that the Congress will oppose the Foreign Contribution (Regulation) Amendment Bill and the issue will also be discussed at the meeting of floor leaders of opposition parties on Monday.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
India has distanced itself from former Bangladesh prime minister Sheikh Hasina's recent media interaction in New Delhi, stating it played no role in the event nor endorsed her comments regarding the Bangladesh government. This comes after Bangladesh expressed outrage over the permitted interaction, which saw Hasina announce her determination to return to Bangladesh to restore democracy.
The death toll in the massive flash floods in Nepal on Thursday rose to 270, as authorities in Nepal race against time to find thousands of missing people, including 288 Indian tourists, in one of the country's worst disasters in recent years.
Farmers under the Samyukta Kisan Morcha have initiated a week-long protest at the Chandigarh-Mohali border, demanding a minimum support price (MSP) based on the C2 plus 50 per cent formula, debt waivers, and opposing the proposed India-US trade deal, Electricity Amendment Bill, and Seed Bill. They also raised concerns about water depletion and sought resolutions based on riparian principles.
Former Bangladesh cricket captain Shakib Al Hasan's ancestral home was attacked with petrol bombs and smashed windows after he participated in an online media interaction where ousted Prime Minister Sheikh Hasina vowed to return to Bangladesh despite facing a death sentence.
It is about proving that the agency can still deliver when the stakes are high.
Punjab Police have revealed that an ISI-backed terror module, recently busted, had planned an attack on Delhi's Jantar Mantar during recent student protests. Members of the module, including juveniles, travelled to the site with materials for petrol bombs, but their plan was foiled. Nine accused have been apprehended, and arms and ammunition recovered.
The building suffered extensive damage in the fire, with debris, shattered glass and burnt materials strewn in the vicinity. A large crowd gathered near the site as authorities cordoned off the spot and diverted traffic to facilitate rescue operations.
Any military response to a cross-border terror attack from Pakistan will have to take into account the new alignments beginning to take shape in the region, points out former foreign secretary Shyam Saran.
Nepal is reeling from devastating flash floods that have claimed over 600 lives and left more than 2,400 people missing. Rescuers are battling difficult conditions, including intermittent rainfall, to find survivors, while families desperately search for loved ones among lists of the injured and deceased. The widespread destruction has left towns and villages buried under mud, with infrastructure severely damaged.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
