Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
How much are others responsible for the Trump presidency moving in the directions it has, asks T N Ninan.
The American economy is resilient and durable enough to withstand the challenge posed by the ongoing economic crisis in China, the White House said while asking Beijing to move towards a transparent economy and a market-based currency system.
The US Fed also said that the unemployment rate too would rise to 5.7 per cent.
'God gave me a second chance to live and I had to make the most of it.'
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
In January 2003, the American Finance Association awarded Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40.
The growth premium India enjoyed has largely been lost.
Munich-based Giesecke and Devrient supplies security features to the RBI for currency notes, and machines to bank branches across the country to detect counterfeits.
Economic recovery is well under way in some advanced economies.
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
Exports dipped 1.6 per cent to 8.95 trillion yuan.
Assume that the rupee will trend lower over the next 10 years as India increases overseas sovereign exposures, and your long-term asset allocation should be geared to deal with this trend, suggests Devangshu Datta
While we have to hiss loudly and do the lunging bit to keep our foes on their toes, that's only a tactical matter. What is the strategic goal? What is the end game? In my opinion, there is only one possible end game: the unwinding of Pakistan into several pieces: Balochistan, Sind, Balawaristan (Gilgit, Baltistan, the rest of PoK), the Pashtun area Khyber Pakhtunwa which will merge with Afghanistan, and the rump Punjab, says Rajeev Srinivasan.
Board has also accepted the resignations of Marans.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
This is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne. The rest is all theatre, says Harsh V Pant.
The highly anticipated matchup between Hillary Clinton and Donald Trump finally happened, and it didn't disappoint. Here are all the highlights from the first presidential debate.
The fact that the US recovery needs an elaborate defence suggests that things are far from certain.
Falling for the first time in three days, the rupee today erased initial gains to end 15 paise lower at 62.43 against dollar on fag-end demand of the US currency from banks and importers, amid a tepid stock market.
The RBI has enough "fire power" to deal with the rupee volatility and will intervene in the forex market as and when required, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Michelle Obama's favourite desi designer will not be dressing the incoming US First Lady.
Some might contend that a candidate for being termed the most corrupt (or corrupting) country in the world is Switzerland.
The Reserve Bank of India said on Sunday it would allow investors who sell their local shares to companies for conversion into ADRs and GDRs to keep the money from the sale in a foreign currency account.
West Bengal has a 2,200 km porous border with Bangladesh over 10 districts.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
A stronger dollar makes oil more expensive because it raises the cost for imports for most of the world's countries
North Korean have proven to be priceless when measured in diplomatic currency at South Korea's Winter Games
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
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