'The second generation of migrant labourers is not enthusiastic about continuing in this field.' 'The parents of the next generation do not wish their children to be part of this trade.'
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
Unstoppable so far, star Indian boxer Vijender Singh will now gun for his maiden title in the professional circuit when he fights for the WBO Asia belt come June in front of home fans in the national capital. The middleweight boxer, who earned worldwide fame by becoming India's first Olympic and World Championships medallist at the amateur level, has exhibited rampaging form even in the pro arena. Since his debut in the circuit last October, the 30-year-old from Haryana has won all his three pro contests via knockouts. His next bout is scheduled for March 12 in Liverpool, the opponent for which is yet to be named. "I am already excited. My first title fight, that too in front of my own people, in my own country. It cannot get better than this. I have no idea who my opponent is going to be but I am sure I will carry on the way I have so far," Vijender told PTI from Manchester where he is currently training for the March 12 showpiece.
Singapore on Wednesday executed a man convicted of trafficking one kilogramme of cannabis, ignoring international calls to abolish capital punishment.
Although India-US relations have strengthened significantly in recent years, partly because of the security situation in the region, the Indian policy establishment would have to be prepared to protect India's interests in a world that could get more unpredictable.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
India and Japan have a shared interest in countervailing China's hegemonic ambitions in Asia. Although neither has an interest in forming an overt anti-China alliance, Tokyo and New Delhi feel increasingly obligated to work together to find ways to guard against a muscular Beijing's power sliding into arrogance, says Brahma Chellaney.
'But unlike Bond who killed an individual, Israel is killing a nation.'
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
According to 'Asia's Hot Growth Companies' list, prepared by US-based financial magazine BusinessWeek, India is home to a higher number of such companies than China, whose presence is limited to just eight firms. Besides, India is next only to Taiwan and Japan, which have been represented by 24 and 18 firms respectively.
Eight members the Indian team, including captain Mahendra Singh Dhoni, on Sunday left for Colombo to participate in the Asia Cup starting June 15. The eight cricketers, who had assembled in Chennai for a two-day camp ahead of tournament, flew to the Lankan capital on Sunday morning.
The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.
India is ranked lower than all its BRICS peers -- Russia, China, Brazil and South Africa
External Affairs Minister S Jaishankar on Monday held wide ranging discussions with Iranian counterpart Hossein Amirabdollahian in Tehran and their discussion focused on the long term framework for India's involvement with the strategically vital Chabahar port and the North-South connectivity project.
The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.
Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."
The weak April-June quarter (first quarter, or Q1) results of the largest listed specialty chemical maker, SRF, and multiple global headwinds for the sector are expected to weigh on the prospects of Indian specialty chemical companies in 2023-24 (FY24). Stocks in the sector (down 7-18 per cent) have underperformed the benchmarks (up over 10 per cent) in the past three months, and given the multiple challenges, the trend is likely to continue. Kotak Institutional Equities expects a very weak quarter (Q1FY24) for the sector due to destocking, demand weakness across certain critical end-use industries, and price erosion amid intense competition from Chinese suppliers.
Unless the anarchy in Manipur is brought under control quickly, we are sowing the seeds of a flare up in the entire North East and the end of our dream of checking China in South East Asia, warns Colonel Anil A Athale (retd).
Most of the senior players are set to return to the Indian squad when the national selection committee headed by Krishnamachari Srikkanth meet in Capital to pick the team for the Asia cup in Sri Lanka.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
Prime Minister Manmohan Singh on Sunday left for Cambodia to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation against the backdrop of crisis in the western world.
Prime Minister Narendra Modi on Tuesday sought unity among Asian countries and said they must work as Asians to shape the world and reform the global institutions of governance, including the United Nations.
The water level of the Yamuna in Delhi breached the danger mark again on Sunday following a surge in discharge from the Hathnikund Barrage into the river after heavy rain in parts of Uttarakhand and Himachal Pradesh.
Australian batting great Ricky Ponting said Rishabh Pant's 'surprise' omission from India's playing XI in their Asia Cup opener against Pakistan shows the quality the team possesses heading into the World T20.
Research Fellow and Director at Initiative on the Future of India and South Asia Aparna Pande, said that Beijing and Moscow will be keenly watching Prime Minister Narendra Modi's visit to the United States.
India will open their campaign against Canada in the FIH Junior Women's Hockey World Cup
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TPG was one of the first global private equity firms to enter Asia, opening a Shanghai office in 1994.
Demonetisation makes its presence felt at the Sonepur cattle fair.
Be it a terrorist attack, mass tragedy or police verification, this bank can be of great use for security agencies and doctors. Combining Biometric, anthropology and information technology together, Asia's first human DNA Bank has been set up in Biotech Park of Uttar Pradesh capital Lucknow.
India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.
Within three trading sessions in May, foreign portfolio investors (FPIs) have pumped in Rs 9,461 crore into Indian equities. This follows net inflows worth Rs 7,936 crore in March, and Rs 11,631 crore in April. The trend, analysts said, could continue going ahead as the US Federal Reserve may soon halt its interest rate hike cycle, which will strengthen foreign fund inflows into emerging markets, including India.
Meanwhile, Israel has expressed its "deep disappointment" with China's response to the war.
Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will also invest Rs 2,058.5 crore in Air India.
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
