Chinese envoy Xu Feihong stated that China opposes the US imposing tariffs on India, amidst a thaw in Sino-India relations and concerns over global trade disruptions.
'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
Weeks before the Pahalgam attack, Munir said Pakistan will not forget the issue of Kashmir, asserting, "It was our jugular vein." His comments were trashed by India.
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).
Tata Steel, Maruti, Tata Motors, Infosys, Bharti Airtel and Tech Mahindra were also among the laggards. However, Trent, Asian Paints, Hindustan Unilever, ITC, Kotak Mahindra Bank, and Reliance Industries were the gainers.
The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.
India briefed envoys of around 45 nations on the Pahalgam terror attack and its link to cross-border terrorism. The envoys were briefed in two batches by senior officials of the Ministry of External Affairs (MEA). India also announced punitive measures against Pakistan, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post. Pakistan responded by shutting its airspace to all Indian airlines and suspending trade with New Delhi.
The defence minister also announced that India has taken up the challenge of developing a powerful indigenous aero-engine, adding that preparations for this critical project are now almost complete and the work will soon be visible.
The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.
'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'
India and China have announced a series of measures aimed at improving their relationship, including maintaining peace along the border, reopening border trade, and resuming direct flights.
Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.
Indian Foreign Secretary Vikram Misri is scheduled to visit Bangladesh next week for a foreign secretary-level meeting, amidst ongoing tensions between the two countries. The visit comes after the interim government led by Muhammad Yunus took power in Bangladesh, following the ouster of Sheikh Hasina as prime minister. The meeting will focus on a range of bilateral issues, including the potential extradition of Hasina and visa-related matters. Tensions between the two nations escalated further with the arrest of Hindu monk Chinmoy Krishna Das in Bangladesh, leading to concerns from India regarding attacks on minorities in the country.
A Canada commission report has said that 'no definitive link' with a 'foreign state' in the killing of Canadian Sikh activist Hardeep Singh Nijjar was 'proven', smashing Canadian Prime Minister Justin Trudeau's allegations that accused the involvement of Indian agents in the killing.
Trump to sign order creating Olympics task force ahead of 2028 games
With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.
India needs to address Bangladesh's longstanding concerns to improve bilateral ties between Dhaka and New Delhi, Hossain said adding: Bangladesh's previous (ousted) government addressed the concerns of India, but India did not address Bangladesh's concerns.
New Delhi, while opting not to retaliate yet to the American tariffs, has in recent weeks sought to reinforce its friendship with Moscow, and recalibrate its ties with Beijing rather than surrender to Washington's diktats.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
It was a meeting at the official level, not at the political level, Hossain said, adding that there was no element of formation of any alliance.
A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.
Bangladesh has summoned the Indian High Commissioner in Dhaka over border tensions, accusing India of violating a bilateral agreement by constructing fences at five locations along the Indo-Bangla border. The development comes after Bangladesh officials alleged that India had halted construction of barbed wire fencing due to strong opposition from the Border Guard Bangladesh and local residents.
'9 September saw Kathmandu and other key cities under the control of goons.' 'There was no authority, the police was nowhere.' 'The crowds torched all three centres of the state -- the supreme court, parliament and the Singha Durbar government headquarters.' 'The army stayed aloof from the complete destruction of these edifices, which is less than a kilometre from its headquarters.'
Jamil, who succeeded Manolo Mrquez at the helm of affairs, on Monday named his 23-member squad for the upcoming CAFA Nations Cup, which will mark his first assignment since taking charge of the national side.
Strategic affairs experts express concern over US President Donald Trump's tariffs on India, his 'bullying tactics,' and increasing attempts to hyphenate New Delhi with Islamabad, signaling a potential shift in the bilateral relationship.
The apex court has reserved its judgement on draft AIFF constitution and a hearing is scheduled for Monday.
AIFF president Kalyan Chaubey admitted that club football 'is going through crisis' due to the uncertainty over the future of the country's top-tier league ISL and said a collective effort is needed to tide over it.
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.
Prime Minister Narendra Modi will visit the US for a two-day working visit starting Wednesday. He will meet with President Donald Trump and engage in bilateral discussions on trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations. The visit is expected to further strengthen the India-US partnership.
The Supreme Court of India is set to determine whether Rohingya individuals in the country are to be considered refugees or illegal entrants, a crucial decision that will impact their rights and potential deportation.
China has protested to India over Prime Minister Narendra Modi's greetings to the Dalai Lama on his 90th birthday and the attendance of Indian officials at the celebrations, stressing New Delhi should appreciate Beijing's sensitivities on Tibet-related issues.
Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.
China defends its construction of a dam on the Brahmaputra river in Tibet, addressing concerns from India and Bangladesh about its potential impact on water flow and the environment.
'Geopolitically and diplomatically it's a very difficult situation for India.'
China has objected to Indian Minister Kiren Rijiju's remarks on the Dalai Lama's reincarnation, urging India to be cautious on Tibet-related issues to avoid impacting bilateral relations. China insists any future Dalai Lama must receive its approval.
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