'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
In the latest move, the telco has reduced validity for its Rs 309/509 packages from 84 days to 56
At a time when the Modi government is attempting to push cashlessness with coercive means, Devangshu Datta explains why cash usage is popular even in nations with good cashless infrastructure.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Gains in financial shares capped further downslide.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Yara Shalaby set up the Middle East's first women's rally team, the Gazelle Rally which has seven drivers and has secured sponsorship for 2016.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
In the past two weeks China has cut interest rates.
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
News of all that transpired on and off the football field
During the meeting with Acting Deputy US Trade Representative Wendy Cutler on Wednesday,
Modi announced a USD 14-million grant for community development projects in the Caricom and another USD 150 million line of credit for solar, renewable energy and climate- change related projects, a statement released by the Ministry of External Affairs said.
.jpg)
The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
After enduring volatility for the first two months of calendar year 2016 (CY16), global equity markets have recouped some of the losses in March. Jigar Shah, chief executive officer, Maybank Kim Eng Securities, believes the next triggers for the rally will come from a soft landing in China and no recession situation in the US.
There's need to address growth, but weak rupee putting pressure on prices.
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
'We should give azaadi to Jammu and Ladakh from the domination of Kashmir valley politics,' suggests Colonel Anil A Athale (retd).
Subrata Roy is in jail since March last year.
India and Brazil on Wednesday called for urgent progress in reforms of the UN Security Council, as they agreed to scale up bilateral ties and deepen cooperation in international fora.
The FT report said the existence, size and investments of the highly profitable internal trading fund, which was set up three decades ago, have until now remained largely unknown outside a circle of former and current insiders.
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
The winter session of Parliament will commence on November 26.
Lower crude oil prices would impact India's inflation, CAD.
California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure
A group of concerned individuals as the India Pride Project and the support of one man dubbed America's Indiana Jones has resulted in the return of India's heritage back to the country, says Vijay Kumar.
Ruias to sell Essar Steel stake to strategic partners.
India is unlikely to take any bold move to improve its ties with Pakistan before the next year's general election, a top American intelligence official said on Wednesday.
May touch 64/$ due to foreign flows slowing down
Banning meat is cruel demonetisation. It is stealing from the poor, nothing less, writes Sunita Narain.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
The variety of options combined with global student mix makes it an apt destination for international students.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Furthering Indo-US cooperation on terrorism, Prime Minister Narendra Modi and President Barack Obama on Tuesday agreed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayib, Jaish-e-Mohammad, Dawood-company, Al Qaeda and the Haqqani network.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances