The Qatar Investment Authority deal follows Byju's raising money from the Canada Pension Plan Investment Board, which was also the first direct investment by the Canadian pension fund in an Indian start-up. In March, Byju's had raised $540 million at a valuation on $5.4 billion, making it the most-valued ed-tech company in the world.
Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.
'Building on the potential for closer ties is the changing narrative in each country about the other. The Chinese narrative on India has become significantly more positive over the past few years,' says Walter Andersen and Zhong Zhenming.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Prime Minister Narendra Modi enjoys a close relationship with Shinzo Abe. For Abe, "a strong India is in the best interest of Japan, and a strong Japan is in the best interest of India."
'India needs to adopt a more proactive policy of triggering exports to China.'
Internal documents suggest the city may not require a Metro till 2025
India, best-performing among emerging markets in the first four months of 2017, has since ceded this position to South Korea.
The progress of the GST Bill in Parliament is also likely to remain in focus
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
'The Chinese can't be trusted hence the need to verify and re-verify.'
India has experienced hands and will emerge with flying colours, declares Inspector General Gurdip Singh Uban (retd).
Banks stocks continued to trade weak along with FMCG major ITC.
However, survey by Japanese firm shows India as most preferred Asian market for Japanese investors.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
A summary of sports events and persons who made news on Wednesday.
Asserting that "maritime muscle flexing" by some countries and other factors have made the Indo-Pacific region "more contested and more volatile," naval chief Admiral Sunil Lanba on Tuesday said that the Indian Navy has its task cut out as it has been a major security provider in the region.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
The booming East China region as well as Shanghai metropolis has wooed top Indian firms like Infosys, Satyam, TCS, NIIT, State Bank of India and Reliance to set up software development centres or representative offices.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
For the week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
The Indian indices also offer one of the lowest dividend yields.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
The BRI, a pet initiative of President Xi, is aimed at promoting network of roads, ports and rail networks all over the world to spread China's influence.
Gold is up 0.8 per cent for the week, after hitting a near-two-week high earlier in the week.
Sharp rate hike in Russia further raised concerns about the global economy.
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances