RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
'India stands to gain immensely by forging a developmental partnership with China.' 'While through sustained strategic communication there is scope to steadily expand the commonality of interests between the two countries.' 'This is also a practical way to ensure that differences do not get over-magnified and become disputes,' says Ambassador M K Bhadrakumar.
After a busy day in Stockholm, Sweden, Prime Minister Narendra Modi is in the United Kingdom on Wednesday. PM Modi is in London to attend the Commonwealth Heads of Government Meeting. The PM will also have a top-level meeting with Britain's Prime Minister Theresa May as well as a meeting with Queen Elizabeth II at the Buckingham Palace. Here's a glimpse of NaMo's busy English day.
'I want to leave behind the bank stronger and better than when I took over.'
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
'During his visit to Vietnam on September 3 -- the first visit by an Indian prime minister in 15 years -- Modi will notice the widespread anti-China sentiment in that country.'
President Xi Jinping's visit may put relations between India and China on a new trajectory
In fact, given the current tensions and massed troops on both sides, there is a danger that the LAC will become more like the Line of Control with Pakistan, a heavily fortified and strongly defended border where weapon fire exchanges regularly occur. Indeed, Stratfor Worldview research has listed a sharp increase in new Chinese facilities along the LAC in 2019-20.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
If China's behaviour in the past on ticklish issues is any indication then China could eventually support India's NSG application, says Rup Narayan Das.
The turmoil on the Street and a continued fall of the rupee may affect growth stocks, pushing equity investors back to the relative safety of defensive counters, or forcing them to flee markets, or both.
For all the blame-game over the flood preparedness in Chennai and elsewhere in Tamil Nadu and Puducherry, this is not the first of its kind. Nor would it be the last, given the nature of the north-east monsoon, says N Sathiya Moorthy.
'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.' 'Of course, the good part is that this agenda is also in the national interest,' says Ambassador M K Bhadrakumar.
The Centre will soon write to the states to bring uniformity in the Value Added Tax on oil products so that benefits of price cuts filter down to the masses.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
Make in India right now is just a slogan. The policy content is missing or not clearly articulated. The lion with cogs and wheels must now show some majestic movement forward, says Rahul Khullar.
Will Citibank gain from India's position among emerging markets?
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Chances of a sudden collapse in the Shanghai Composite are remote.
The US said that it sees positive indicators in Pakistan, but...
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
One Chinese lie has been finally nailed this time by a team of Indian scientists who provide irrefutable evidence that rice did originate in India, a fact contested by China.
Its time the RBI, govt pushes reforms to boost global investment
Swamy said Prime Minister Narendra Modi should convene a conference of "insiders" to draw up a new policy especially after the recent Lakhvi episode.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
When Sepp Blatter is not comparing FIFA to a boat in calm or choppy waters he often uses football analogies to illustrate his point so it might amuse him to think he faces a tricky 45 minutes at this month's Congress.
Prime Minister Narendra Modi has "strongly" and "clearly" conveyed concerns to Chinese President Xi Jinping over Beijing blocking a proposal for action by the United Nations against Pakistan on the release of jailed Mumbai attack mastermind Zaki-ur-Rehman Lakhvi, with India rejecting the "weak evidence" theory propounded by Beijing in this regard.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Jyoti 'Jay' Chaudhuri, general counsel and senior adviser to the state treasurer of the US state of North Carolina, was elected chairman of the board of the Council of Institutional Investors, last month.
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