Rating agency Fitch on Tuesday downgraded the US government's top credit rating to AA+ from AAA, citing fiscal deterioration over the next three years and repeated debt ceiling negotiations. The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak. Back home, the S&P BSE Sensex and the Nifty50 lost over 1 per cent each in intra-day deals to hit a low of 65,751.53 and 19,517.55 levels, respectively.
Prime Minister Narendra Modi held talks with US President Joe Biden at the White House on Thursday to discuss a wide range of issues of mutual and global interests, aimed at further boosting the Indo-US strategic relations in areas like defence, space, clean energy and critical technologies.
If India takes care of the economic investments, then it will open up the space to dampen or circumvent some of the political burdens
'Guys need to work out what brings out the best in them and makes them the most free to play. Our bowlers didn't deserve to be on the losing side like this.'
'ISRO's style is a terrific example of being able to survive, acknowledge failures, and then most importantly of all, learn from them to ensure that subsequent missions are successful.'
SRH will bank on Markram's leadership skills to deliver results this season.
This season, franchises like the Lucknow Super Giants have revamped their kits while teams like the Chennai Super Kings and Punjab Kings XI were satisfied with minor modifications.
The first state visit of Prime Minister Narendra Modi to the US is likely to be a defining moment for Indo-US relationship and both sides are working on a robust outcome document that may take up matters that would decide the contour of the bilateral ties for decades to come, according to people familiar with the planning of the high-profile trip.
'Countries like Israel said openly that they will hunt people down. We have no such policy.' 'We have always been following the legal process of getting them (people wanted by India) through extradition.'
Reserve bank of India governor Duvvuri Subbarao has said that India is not contemplating imposing Tobin Tax on capital inflows, but did not rule out introducing it later.
The sources requested anonymity because the matter is confidential. Representatives for Manchester United and Sheikh Jassim did not immediately respond to requests for comment.
The International Monetary Fund (IMF) has said India and China will account for half of the global economic growth in 2023, as the multilateral agency retained its growth forecast for Asia's third-largest economy for 2023-24 (FY24). "India remains a bright spot. Together with China, it will account for half of global growth this year, versus just a tenth for the US and euro area combined," the IMF said in its latest update to the biannual World Economic Outlook. Growth in India is set to decline from 6.8 per cent in 2022 (FY23) to 6.1 per cent in 2023 (FY24) before picking up to 6.8 per cent in 2024 (FY25), the global lender said while citing "resilient domestic demand despite external headwinds".
The batting as a whole has not clicked for Sunrisers and it is no surprise they find themselves in a desperate situation in the second half of the tournament.
Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank President, United States President Joe Biden has said after the top Indian-American business executive was confirmed as the new head of the international lender.
Veteran Lucknow Super Giants spinner Amit Mishra credited his success in the five-wicket victory over Sunrisers Hyderabad in Friday's IPL match in Lucknow to making a careful assessment of the wicket and taking mental notes of the shots that batters are likely to employ against his bowling.
>Two years and two days after Donald J Trump's supporters invaded the US Capitol in Washington, DC, over 3,000 supporters of Brazil's former president Jair Bolsonaro -- who has been described as a South American version of Trump -- stormed the presidential palace, the country's parliament and the supreme court.
James, a four-times NBA champion and 18-times All-Star, is under contract with the Lakers for next season, which will be his fifth with Los Angeles and 20th overall.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
'He's charismatic, a populist, very popular, and indeed a cult of personality.' 'That ensures a powerful reaction from his support base -- even if it's not sustained, it will be quite intense, and that's worrisome for stability.'
Setting aside the recent tumult in relations caused by the Khobragade episode, US Deputy Secretary of State Heather Higginbottom attended the first major event India's new Ambassador Dr S Jaishankar hosted in Washington. Rediff.com's Aziz Haniffa reports from the Republic Day celebration in the US capital.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Lauding India's ambitious space programme, The New York Times has said the country, currently witnessing an 'explosive' growth in space-tech start-ups, is set to 'transform the planet's connection to the final frontier' and can emerge as a 'counterweight' to China.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
Back to winning ways, a resurgent Sunrisers Hyderabad will be forced to tinker their successful combination following all-rounder Washington Sundar's injury as they face Kolkata Knight Riders.
With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
SRH pays the price for being too passive, says Lara
The world of golf was left stunned as the PGA Tour, DP World Tour and LIV circuit, who have been involved in a bitter fight, announced a shock agreement!
Major General Abdulla Shamaal, chief of the Maldives National Defence Force, called on General Manoj Chandrashekar Pande, chief of the army staff, in New Delhi on Thursday, July 28, 2022.
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
External Affairs Minister S Jaishankar has slammed the mainstream American media, including The Washington Post, for their 'biased' coverage of India.
The "venom" that the Congress leader has been spewing against the prime minister in his "political frustration" has now turned into an insult to the country, Irani alleged.
The emergency in Washington DC will be effective from Monday till January 24.
After charming his fans and US lawmakers in New York, Prime Minister Narendra Modi arrived in Washington. US deputy secretary of state William Burns received Modi at the Andrews Air Force Base. A large number of Indian-American supporters were present along the road to cheer Modi on his way to Blair House. They welcomed him with chants of "Bharat Mata ki Jai" and "Modi, Modi".
The constitution of both countries begins with the "three words -- We the People -- as President Biden just mentioned", said Modi, who is on his first state visit to the US.
'Washington has been doing really well for us. You cannot have two players (Washington and Aswhin) of the same discipline playing in one spot'
Many people believe that India's first prime minister Jawaharlal Nehru made a blunder when he recognised China's sovereignty over Tibet but he did what he thought was best for his country, said the president of the Tibetan government in exile.
GSOMIA does not cover the exchange of classified information with Indian private industry. Washington wanted this covered too, given New Delhi's emphasis on the proposed 'strategic partnership' model of procurement.
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