'India finds itself in an unenviable situation today with its prospects diminished by acutely polarised domestic politics and the setbacks suffered during the pandemic,' notes Ambassador Shyam Saran, the former foreign secretary.
Energy's exit is a cautionary tale for several foreign investors in India as close to 16 Gw of solar and wind power projects languish without any power purchase agreement, 24 Gw without transmission connectivity and around 2 Gw unilaterally cancelled by project developers.
Bharat Biotech applied to the Drugs Controller General of India (DCGI) seeking permission for conducting phase 1 and phase 2 clinical trials of the intranasal vaccine following which the subject expert committee of the CDSCO on Tuesday deliberated on the application and recommended granting permission for phase 1 trial.
'The suppression is mounting and people may react.'
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
'Non-separation of religion from politics is India's most daunting challenge'
Theoretically, the currency with the public should expand in sync with the nominal income, which again moves in relation to the nominal growth rate of the economy. But the correlation breaks easily when other factors come into play, says Anup Roy.
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
England captain Eoin Morgan on Monday said the three-match ODI series against India is a perfect opportunity for the fringe players to push their case for the T20 World Cup as 50-over format also throws situations similar to T20 cricket.
'Vaccination is the only safe way to get immunity.'
Former batsman Ian Bell slammed England's much-debated rotation policy, saying they were guilty of thinking too far ahead and have gone wrong with the constant chopping and changing in a big Test series like India.
Kushal Das feels their model could be used as a case study for institutions and international sports federations which have seen their bio-bubble being breached
I wondered how being scientist-mathematician helps one cycle better. Perhaps the self-discipline helps; perhaps it is the scientist-technologist perspective of breaking down the whole into separate pieces, identifying specifics and working on them for improved results, mulls Shyam G Menon.
Canadian Prime Minister Justin Trudeau had recently backed the agitating farmers in India, saying his country will always be there to defend the rights of peaceful protests. He had expressed concern over the situation.
Vaughan said it was not a good precedent set by Australia.
India's skipper Virat Kohli was surprised that Shardul Thakur wasn't the man-of-the match in the third ODI against England, and Bhuvneshwar Kumar not man-of-the-series, saying credit to them for bowling so well in adverse conditions.
Nothing is certain as Tokyo's postponed Olympics hit the 100-days-to-go mark on Wednesday
Lufthansa has terminated the services of 103 India-based flight attendants after they allegedly sought "job assurance" from the management while the German airlines group had offered them leave without pay option for two years, sources close to the developments said.
US President Donald Trump has extended the freeze on the most sought-after H-1B visas along with other types of foreign work visas by three months to protect American workers, saying while therapeutics and COVID-19 vaccines are recently available, their effect on the labour market and community health has not yet been fully realised. The decision will impact a large number of Indian IT professionals and several American and Indian companies who were issued H-1B visas by the US government for the fiscal year 2021 beginning October 1. The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
The Biden administration has indicated that it is still undecided on ending the Trump-era ban on issuing new H-1B visas, with the Homeland Security Secretary Alejandro Mayorkas asserting that the US government's top priority is the acute needs of individuals fleeing persecution. The H-1B visa, the most sought after among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Krunal kept bowling tight lines, giving away only singles in his overs.
...but when they awaken, it's going to be overly optimistic to assume everybody will walk off the sleeping bed and come back to full life, Rajan noted.
Before 2019, an estimated 22 million individual income-tax returns did not have to pay any taxes. But after the change in the exemption level, another 13 million individual tax returns did not require to pay taxes. Thus, of about 58 million returns, as much as 63 per cent or 35 million went out of the direct tax net, A K Bhattacharya points out.
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
The average rate of COVID-19 vaccination in the country has been 10.8 million per week. At that rate, it will take India till December 2024 to complete two billion doses.
'Stan's death is the culmination of a series of acts of abominable cruelty on the part of the Indian State.'
'We know how to kill a terrorist, but we do not know how to stop an innocent boy getting radicalised.'
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
The report suggested that Langer is no longer able to cope up with demands of being a three-format coach.
Foreign portfolio investors (FPI) have pumped in a net sum of Rs 49,553 crore in Indian markets this month so far on back of high liquidity coupled with improving global indicators and clarity after the US presidential elections. FPIs invested Rs 44,378 crore in equities and Rs 5,175 crore in the debt segment, taking the total net investment to Rs 49,553 crore between November 3-20. In October, FPIs invested a net sum of Rs 22,033 crore.
As the coronavirus pandemic is triggering fears of a global recession, foreign investors have started rowing back from the Indian capital markets by withdrawing a massive over Rs 1 lakh crore in March after remaining net buyers for six consecutive months. In order to contain the spread of coronavirus, lockdowns have become a norm the world over and have led the FPIs to adopt a cautious stance, market experts said.
'Pfizer India has submitted an application on December 4 to the DCGI seeking emergency use authorization for its COVID-19 vaccine in India'
Gandhi said he was proud that his father Rajiv Gandhi and grandmother Indira Gandhi got killed while standing and defending something.
England seamer James Anderson has raised the bar for fast bowlers around the world, much like India great Sachin Tendulkar did for batsmen, former Australia paceman Glenn McGrath said.
Positive cues from China - which accounts for 56.5 per cent of global crude steel production - are likely to keep demand-supply in balance and provide support to prices. All eyes have been on China, which opened after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January. Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China's steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. China's opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January.
'Your confidence is shaken when the government does what it does these days, but then it is the same confidence that gives you the courage to stand up to the government's high-handedness.' 'There will always be people who will not fear jails or the physical and mental torture that visit citizens protesting against the government's draconian policies and laws.' 'There will always be Indians who will not be afraid to face the consequences of fighting for their Constitutional rights.'
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
India needed 14 runs from the last over and Pandya delivered with sixes off the second and fourth deliveries
India will have to show more willingness to import, and since Biden will not encourage sale of oil and gas to bridge the gap, it means there has to be more meaningful duty reduction in other areas even if Delhi baulks at a Free Trade Agreement so soon after walking out of RCEP.
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