The report said the import cover has gone down to seven months, last seen in 1998 and hence, RBI will focus on recouping the reserves.
New Delhi has made it clear that any blow to its outsourcing industry would make the country less receptive to helping American companies that run into trouble in India
'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.
He also accused Pakistan of wanting to destabilise and weaken India through terrorism.
This was the fifth consecutive quarter when the Indian markets have seen positive flows from FIIs.
Finance -- the most battered sector by the global meltdown -- is making a strong comeback.
Tata Iron and Steel Company on Friday said it has signed a loan agreement with International Finance Corporation for availing a $300 million loan to fund its future projects.
Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
'The Northeast is the biodiversity saviour of the country,' says Sikkim MP Prem Das Rai. 'Thirty to 40 per cent of the biodiversity of the country is housed in the Northeast. It is the battery of India. Not only oil and gas but it has a hydroelectricity capacity of 70,000 MW. It has so much colour and diversity within itself.'
Prequel to take you where no Star Trek has gone before.
Citigroup's Vikram Pandit may have been named among worst CEOs ever in America, but in terms of financial performance for the first quarter of this year, the banking behemoth has emerged as one of the best performers among the US companies run by persons of Indian origin.
Rajan had overturned the majority opinion of the members and chose to hold the rates at the last monetary policy review in October.
Donning the role of a commander ill-equipped to save the Titanic of banking world, Citigroup's India-born chief Vikram Pandit has found a place among the 20 worst ever CEOs in the American history, but the top honours has gone to bankrupt Lehman Brothers' Dick Fuld.
The global brokerage firm believes that CRR cut is likely to help cut lending rates and revive growth sentiments.
'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.' 'It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says Ambassador M K Bhadrakumar.
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
Defensive errors were again a common occurrence in the Arsenal backline, but Fiorentina failed to take advantage.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
Gains in financial shares capped further downslide.
The US President is extremely interested in this, as the secretary of state is," Roemer told US lawmakers at confirmation hearing when senator Richard Lugar citing a recent World Bank report informed him that there are 828 million Indians living on less than $2 a day.
India-born PepsiCo chief Indra Nooyi has been the news recently for her trip to China, her remarks about the US Fed and her ability to handle the financial crisis.
Even as the business world is reeling at the amount of money that has been lost, the real tragedy is being enacted in the homes, hearts and minds of the individual victims the hundreds and thousands of people whose financial ability has been decimated, whose glowing future is suddenly unclear.
Though valuations have moderated, they are still above average.
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
He may go through bankruptcies, but he couldn't be a savvier self-marketer.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent
Open space festival in New York city celebrates classical dances.
In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.
Infosys has opened its first Latin American developmental centre in Mexico.
As the US government intensified its crackdown on corporate fraud, America's leading investment banks and brokerage houses have announced they will pay a hefty fine totalling $1billion to settle allegations of conflicts of interest.
'This is not only a fight against corruption and black money, this is also a fight against terrorism and counterfeit currencies.'
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.
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.
Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
'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.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances