'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'
Research In Motion has denied an Indian media report that said the company has offered to install a network data analysis system at its India office to allow access to emails sent through its BlackBerry smartphones to Indian security agencies.
Many were so disillusioned with AAP that they left it in droves. A 10% drop in AAP's vote share is a pointer to that. To assume that if AAP had teamed up with the Congress, the Congress' 6.3% vote share would have helped AAP retain control of Delhi is erroneous, argues Sudhir Bisht.
In Kerala, 95 out of 135 MLAs, accounting for 70 per cent, have declared criminal cases against themselves.
International Monetary Fund (IMF) Deputy Managing Director (MD) Gita Gopinath has condemned the "terrible and disturbing" incident of rape and murder of a trainee doctor in Kolkata. "Personally, it is terrible to have any event of this kind. It is disturbing," she told Business Standard in New Delhi.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
External Affairs Minister S Jaishankar has said that India was committed to respond to any act of terrorism perpetrated from across the borders, and asserted that since terrorists do not play by rules, there cannot be any rules in the country's answer to them.
'Even if we had won the New Zealand series 3-0, it would have meant little because the conditions in Australia are very different, and the team there is very different.' 'In Australia, you just go with a clean slate and start fresh. It doesn't matter what has happened on the previous page.'
The BCCI has decided to extend the use of its sophisticated Athlete Monitoring System (AMS) to state associations, helping players find their peak performance.
'To access our satellite, you don't need any IQ test, you don't need to write an examination.' 'You can be a Class 1 student, an engineering student, a 60-year-old person, anybody can access our satellite.'
'Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.'
India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
It's not only the Indian markets that command a valuation premium over their global peers; shares of subsidiaries of India-listed multinational companies (MNCs) also trade at rich valuations compared to their parent companies. An analysis of 12-month forward price-to-earnings (P/E) and price-to-book (P/B) multiples of domestically listed MNCs shows that most quotes have a premium ranging from 2.1x to 6x that of their parent. Similarly, P/B, in most cases, is significantly higher in the domestic market.
Vikas Yadav, a former Indian government official charged by the United States authorities for his alleged role in a foiled plot to assassinate Sikh separatist Gurpatwant Singh Pannun on American soil, was arrested by Delhi Police in December last year in an unrelated extortion and kidnapping case, police sources said.
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.
Food delivery and quick commerce (qcom) service application (app), Zomato, now commands a market capitalisation (mcap) higher than automobile giants Tata Motors and Bajaj Auto. Zomato, whose shares closed 1.18 per cent lower on Thursday at Rs 288.45 per share, has an mcap of Rs 2.78 trillion, according to BSE data. By comparison, Tata Motors' mcap stood at Rs 2.74 trillion, while Bajaj Auto's was Rs 2.5 trillion on the BSE.
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
'...our bowlers were not quite there.'
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.
Defence Minister Rajnath Singh on Thursday called upon the top military brass to analyse the conflicts in Ukraine and Gaza as well as the current situation in Bangladesh to "predict" any future problems and stay prepared to deal with the "unexpected".
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
The Nassau County ground's pitch in New York has become a concern in the ongoing T20 World Cup.
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
Wing Commander Pratap Marathe's story is one of dedication, bravery, and humour, a shining example of the spirit of the Indian Air Force. Air Commodore Nitin Sathe (retd) salutes Wing Commander Marathe who passed into the ages last week.
