RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Many factors have been identified as key drivers of the inequality between rural and urban areas in China and India.
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
President Xi Jinping's visit may put relations between India and China on a new trajectory
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
'I want to leave behind the bank stronger and better than when I took over.'
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
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.
'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.'
'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.
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.
A breakthrough will come from what we teach and how, says Ajit Balakrishnan.
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 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.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
