India rarely took the foot off the pedal on a batting-friendly surface, garnering nearly five runs per over.
With Beijing remaining intransigent on the withdrawal of additional troops deployed by the People's Liberation Army (PLA) since the deadly border clash in 2020 in eastern Ladakh, India's bilateral ties with China remained frozen in 2023 with no forward movement on the horizon despite several rounds of diplomatic and military talks.
Is it a good idea to give Rs 1 crore to someone who promises you a return of 24% per annum, wonders financial advisor P V Subramanyam.
The prime minister said India will continue to support Nepal according to that country's priorities, adding both sides have agreed to expedite all connectivity projects.
'It's just the second innings in his Test career. Very consistent, you have to say.' 'It's also important to note that he has started from scratch.'
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
With the strategy working in its favour, the BJP could be encouraged to undertake similar steps in states, including Karnataka, where elections are due next year, to counter factors that might work against it.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024. "The actual benefit for banks from the inclusion in JP Morgan's EM Index will accrue from June 2024 onwards. "Until then, the larger fundamentals of the market will dictate the moves. "Once the initial euphoria subsides, bond markets will look to global cues which may trigger fresh selling," said Siddharth Khemka, head of retail research, Motilal Oswal Financial Services.
'China's excessive military aid to Pakistan is the real elephant in the room as far as Sino-Indian relations are concerned. India should be confident enough to accept a degree of closeness between China and Pakistan, since China may wish to use this link for its foray into the Muslim world.' 'But the Chinese must be realistic enough to know that as time passes, the tactic of using Pakistan as a proxy to check India will yield diminishing returns. The US tried it for 60 years but failed, so will China,' says Colonel Anil A Athale (retd).
'Our Left is squeamish about democracy. They are so mechanical they have only dogma.'
In a world without politics, time zones would change by an hour for a shift of 15 degrees of longitude. But, of course, political considerations apply, explains Devangshu Datta.
The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.
If you are fasting, you must steer clear of processed and packaged foods as they often contain additives, preservatives and excessive salt or sugar which can disrupt the purity and purpose of your diet, says dietician Ruchi Rai.
'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'
The Reserve Bank of India on Thursday decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.
England must treat every Test match like an Ashes series decider as part of their red-ball reset, former captain Nasser Hussain said.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
Rejecting Biden's comments, Pakistan foreign minister Bilawal at a press conference here said that Pakistan was following the global standards.
Yet again, it's a Hollywood film that's scoring in Indian cinemas this season.
Alcaraz was impressive in his first Grand Slam match since his US Open triumph last year
'India is an equity market with a breadth and depth of companies to invest in.'
'Umran is a super exciting talent. Seeing him in the Indian international scene is an amazing rise'
Novelis' results for the January-March quarter of the 2022-23 financial year (Q4FY23) disappointed investors and as a result, the share price of Hindalco (Novelis is a 100 per cent subsidiary of Hindalco) has slid. The non-ferrous metals major is suffering from the impact of a down-cycle in aluminium and copper, as well as the slowdown imposed in Europe by the Russia-Ukraine war. Prospects for the firm look gloomy, at least for the first half (H1) of FY24.
'The end of WFH has made achieving work-life integration more challenging for women.'
Take a look at the five top contenders for the men's singles title at the French Open:
Morgan Stanley has upgraded China's equities amidst optimism about the country relaxing restrictions to slow down the spread of Covid-19. "Multiple positive developments alongside a clear path set towards reopening warrant an upgrade and index target increases for China," the brokerage said in a note. MSCI China's return on equity (ROE) is likely to rise from 9.4 per cent to 11.1 per cent by the end-2023.
Satwiksairaj Rankireddy and Chirag Shetty's historic title triumph at the Indonesia Open came against their nemesis Aaron Chia and Soh Wooi Yik, who had beaten them in their previous eight matches.
Manchester United manager Erik ten Hag backed Bruno Fernandes to continue his role as stand-in skipper.
Benefitting from the economic rebound, banks are expected to report a healthy bottom-line and asset quality profile in the quarter ended March 2023 (Q4FY23). The net profit of listed commercial banks is projected to grow by an average 43.6 per cent year-on-year (YoY) in Q4FY23 amid better net interest margins (NIMs) and declining credit costs. This is based on a combined assessment of analyst estimates for 17 banks on Bloomberg database.
In a major cabinet reshuffle, Arjun Ram Meghwal has replaced Kiren Rijiju as the Union law and justice minister, a communique from the President's Secretariat said on Thursday.
Manchester United bounced back from their defeat with a 4-1 win over Real Betis in the first leg of their Europa League last-16 tie.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Vidarbha wicketkeeper-batter Jitesh Sharma's finishing ability is like gold dust that the current Indian T20 set-up is desperately seeking.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
Investors who decide to enter medium to long-duration funds should be cognisant of the risk.
The palace said the Queen Mary Crown was removed from display at the Tower of London to be repurposed for the ceremony on May 6 with jewels paying tribute to the late Queen Elizabeth II.
The Congress on Saturday wrote to the Election Commission seeking action against Prime Minister Narendra Modi for his 'Congress shielded terrorism for vote bank' remark and said he has crossed the 'lakshman rekha'.
However, the handle, which has over 40,000 followers, was restored later in the afternoon.
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