'It is never a good idea to let the broad population determine policy that is the domain of experts and specialists,' notes Aakar Patel.
Sensex ends lower; govt schemes in focus.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Announcing his tax reforms Trump said his policies would benefit working families.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
The silver lining is that a pick-up in the US economy could help emerging market exports.
Wipro's revenue from the information technology services business for the quarter ended September was in line with its estimate, though it lagged some of its larger Indian peers in a few operating parameters. Chief executive T K Kurien tells Bibhu Ranjan Mishra he expects a few issues involving a couple of large clients to be resolved in a quarter, before all the company's engines start firing.
The Latin American markets declined less than the other Asian countries.
'Outside investors don't want to get tangled up in a religious war.'
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
Plummeting European currencies, battered by the euro zone financial crisis, are providing European aerospace corporations an opportunity to undercut their American rivals, Boeing and Lockheed Martin, in the contest to sell India 126 medium multi-role combat aircraft (MMRCA) for a price that has been estimated at $11 billion, or about Rs 44,000 crore.
The 'enigmatic' documentary filmmaker Vijay Kumar, 40, who has been arrested by the American authorities for being in possession of 'jihadi' material, brass knuckles and undeclared currencies is quite well known among his band of brothers, who go by the name of Patriotic Forum, reports N Gamesh.
Sensex climbs higher on favourable global cues.
Earlier in the day, the White House said that it would be monitoring the progress on the Chinese assurance that it would be making its currency more flexible. It also said that currency, indeed, would be one of the topics of discussions during upcoming G-20 Summit in Toronto.
GMR Infrastructure on Tuesday said it plans to raise Rs 50 billion (Rs 5,000 crore) by selling shares in domestic as well as international markets.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.
Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.
The real estate mogul indicated that economy and trade would be one of his major election issues this summer leading to the November presidential elections.
On Friday, the rupee had lost 6 paise.
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Berkshire Hathaway annual meetings are most awaited.
According to the US treasury department, India has slashed its holdings to $31.6 billion in February, while it was at $32.7 billion in January.
The rupee has strengthened against the American greenback by about 4.8 per cent during the past few months, while it has hit a 150-month low on November 11 against the major world currencies.
An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.
Banks and importers preferred to increase their dollar position at the current level, a forex dealer said.
"The Board in its meeting... has considered, approved and recommended a bonus issue of one equity share for every equity share held and a stock dividend of one American Depositary Share (ADS) for every ADS held, as on a record date to be determined," the company said in the regulatory filing.
'Facebook and Google no longer need to have infantry regiments and cavalry like the East India Company because they are inside everyone's phones listening to our conversations.'
Surging value of dollar may be posing the biggest threat to US corporate earnings.
'The Indian side has realised that not talking to Pakistan has not served any useful purpose.'
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Mark Hutchinson explains ways of dealing with the nose-diving dollar and making profitable investments.
But Down Under is a tough call due to shipment time and quality control issues.
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