As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.
Over the past several weeks, the Trump administration has come out in support of India against China.
'The Indian government wakes up after the fact when it can do nothing, or rather lacks the will to prosecute military actions to reverse these adverse PLA-driven developments.'
Two poachers were killed during an operation by the Assam Forest Protection Force personnel in Kaziranga National Park on Wednesday, park officials said.
While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.
Easy availability of drones has increased the complexity of security challenges and the Indian military is developing capabilities to effectively deal with the threats, be it from State-sponsored elements or by states themselves, Army Chief Gen M M Naravane said on Thursday.
The drastic move on Tuesday night followed soon after police announced the transfer of a DIG, who till recently was the senior superintendent of police in Kanpur.
