'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Hockey: India seek World Cup berth through Asia Cup triumph; up against China in opener
Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.
China firmly opposes the Trump administration's 50 percent tariffs on India as it is "unfair and unreasonable" and New Delhi and Beijing should scale up economic ties to jointly counter the challenge, Chinese ambassador Xu Feihong said on Monday.
India's recurve archers once again flattered to deceive at the World Championships as the women's team lost to South Korea in the bronze medal play-off.
From the Sensex firms, Bajaj Finance, Trent, Hindustan Unilever, HDFC Bank, Eternal, Bajaj Finserv, ICICI Bank, and Bharat Electronics were among the laggards. However, Maruti, Tech Mahindra, Mahindra & Mahindra and NTPC were among the major gainers.
Alex Michelsen hung on to defeat Tung-Lin Wu and help the United States take a 2-0 lead against Taiwan in the Davis Cup qualifier in Taipei City on Friday.
Equity benchmark indices Sensex and Nifty ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.
'Prime minister is expected to hold some bilateral meetings on the sidelines of the SCO summit.'
The Congress party has criticized the Modi government's approach to China following Prime Minister Narendra Modi's meeting with Chinese President Xi Jinping, questioning whether the government is legitimizing Chinese aggression.
The team locked their spot in the global event with a game in hand by emphatically beating Canada, Bermuda and Argentina in the double round-robin Qualifier played in Rydal, Georgia.
Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.
India are confident of reclaiming the men's Asia Cup hockey title after a hiatus of eight years and qualify for next year's World Cup
Former White House trade advisor Peter Navarro has criticised India for continuing to procure Russian oil, alleging profiteering and contributing to the Russia-Ukraine war. India defends its energy procurement as driven by national interest and market dynamics.
'I'm pleased. It's not a journey I pictured, but I'm glad to be living it.'
Saarika was dominant in the 53kg weight class. She outclassed Sevval Cayir by technical superiority (12-2) and did not lose a single point in her quarterfinal against China's Tianyu Sun, winning 8-0.
Descendants of Netaji Subhas Chandra Bose claim they have documentary evidence to prove that the Renkoji temple authorities in Japan have always been willing to hand over the 'ashes' believed to be his, refuting perceptions of roadblocks to their repatriation. They assert that successive Indian governments have shown little interest in retrieving the remains and conducting DNA tests, despite numerous appeals from the family. The article highlights the conflicting reports and controversies surrounding Netaji's death and the ongoing mystery surrounding his remains.
Ayush stuns Naraoka to join Satwik-Chirag, Lakshya in quarterfinals at Hong Kong Open
From the Sensex firms, Bharti Airtel, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Axis Bank and Reliance Industries were among the laggards. However, NTPC, Titan, Trent, ITC and Bajaj Finserv were the gainers.
Bangladesh is likely to replace Pakistan in the men's Asia Cup hockey tournament to be held in Rajgir, Bihar from August 29 if the latter fails to confirm participation in the next couple of days.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, ranging from central bank meetings, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said.
As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.
Among Sensex firms, Tata Motors rose the most by 3.5 per cent while Adani Ports gained 3.16 per cent. Reliance Industries rose by 2.82 per cent. Eternal, Tech Mahindra, Kotak Mahindra Bank, Hindustan Unilever and Maruti were also among the gainers. However, Bajaj Finserv, Power Grid, Mahindra & Mahindra and HCL Tech were among the laggards.
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
Former US National Security Advisor John Bolton says President Trump's policies have damaged US-India relations, pushing New Delhi closer to Russia and China.
Any potential tariffs on pharmaceutical imports into the US are unlikely to impact the credit profiles of Indian firms except for a short-term pricing blip, according to a report by India Ratings and Research (Ind-Ra). The report stated that the US generics market contributes around 35 per cent to the total revenue of the leading Indian pharma firms.
Benchmark BSE Sensex rallied 746 points to close above the 80,000 mark on Monday following buying in oil, auto and banking shares amid fresh foreign fund inflows. The 30-share Sensex jumped 746.29 points or 0.93 per cent to settle at 80,604.08 with 26 of its constituents ending higher.
Defending champion Aryna Sabalenka staged a grand fightback to beat Jessica Pegula 4-6, 6-3, 6-4 and enter the women's singles final at the US Open on Thursday.
Prime Minister Narendra Modi is expected to visit Japan and China starting around August 29. The visit to China would be his first after the Ladakh border standoff.
'I want to gain more experience. I want to train with big, big trainers. And then obviously the WRC is my dream to drive.'
The protesters shouted slogans such as KP Chor, Desh Chhod (K P Sharma Oli is a thief, quit the country), "Take action against corrupt leaders".
Tenth seed Lorenzo Musetti rallied from a set down to beat Frenchman Giovanni Mpetshi Perricard in the first round of the US Open on Tuesday even as Carlos Alcaraz mauled big-serving American Reilly Opelka and veteran Venus Williams made an emotional exit.
Joshna Chinappa continues to push boundaries despite being on the wrong side of 30s
China welcomes Prime Minister Narendra Modi's planned visit to the Tianjin Summit of the Shanghai Cooperation Organisation (SCO), expressing hope that the event will be a 'gathering of solidarity, friendship and fruitful results'.
Hosts India maintained their unbeaten run with a hard-fought 2-2 draw against defending champions Korea in their opening Super 4 stage match of the Asia Cup in Rajgir, Bihar, on Wednesday.
Among Sensex firms, Bharat Electronics, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors and Power Grid were the gainers. However, Adani Ports, ITC, UltraTech Cement and Titan were among the laggards.
Young Indian women pugilists Nisha and Muskan showcased their skills by winning gold medals, while five others bagged silver in the Under-19 Asian Boxing Championships.
Defending champions India asserted their dominance with a 3-1 victory over Japan to secure a place in the final of the Women's Junior Asia Cup hockey tournament.
Japan's march to the 2026 World Cup continued on Tuesday as Hajime Moriyasu's side handed China a 3-1 defeat in Xiamen while Iran eked out a late 3-2 win over Kyrgyzstan and South Korea were held to a 1-1 draw by Palestine.
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