India has to put in place legislation and rules which seek more clarity and transparency from technology companies. Domestic and global companies that use consumer behaviour data to enhance addictive behaviour must be scrutinised and controlled. Currently the intermediary guidelines focus mostly on content management and grievance redressal. However, the underlying software engines that influence online consumer behaviour need oversight, too.
India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.
Britain's Queen Elizabeth II is expected to host US President Joe Biden at Buckingham Palace ahead of the G7 summit scheduled between June 11 and 13.
The final pre-poll survey done by Comres for the Independent newspaper gives the Tories a 10-point lead over the Labour party.
The Modi government has been put on notice.'Will it buckle under such pressure? These are times when the moral fibre of the leadership makes all the difference, observes Ambassador M K Bhadrakumar.
In the Sensex pack, Yes Bank, IndusInd Bank, Infosys, ICICI Bank, TCS, SBI, Reliance Industries, ONGC, Axis Bank and NTPC rose up to 2.66 per cent.
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
Johnson will be only the second British leader since Indian independence to attend the annual Republic Day parade in New Delhi as Guest of Honour, after former prime minister John Major in 1993.
Forex traders said a stronger dollar also dragged the rupee down.
'We don't need to hinge India-UK relations on shared hostility toward China,' observes Ambassador M K Bhadrakumar.
'Goa is a tiny state, but in terms of its Business of Politics, several powerful lobbies of India are involved in it, be it the mining lobby, hoteliers' lobby, casino lobby, hawala lobby, drugs lobby etc.'
There will be a House of Commons vote on Wednesday on the proposed election and May will need Parliament's backing to hold a vote before 2020.
Johnson was to spend a few days in India starting April 26 as part of a planned itinerary, which is expected to include finalising a UK-India Enhanced Trade Partnership.
After Brexit, ethnic minorities in Britain worry about their future.
India attracted an estimated $49 billion FDI in 2019, a 16 per cent increase from the $42 billion recorded in 2018.
Though May won her Maidenhead seat in south-east England with 37,780 votes, she faced pressure to resign after losing her parliamentary majority.
We'll see what happens with Brexit. Either way, there will be technology spends because people have to develop and modify new systems.
JLR, the maker of Jaguar F-Type and Range Rover Evoque, was a jewel in the crown of Tata Motors till two years back. But, it has been struggling because of the pending Brexit, a sharp contraction in sales in China, a shift in consumer preference from diesel to gasoline in Europe, higher taxes on diesel vehicles, and tightening regulations.
The S&P BSE Sensex rose 216 points to end at 26,740 and the Nifty50 gained 76 points to close at 8,204.
External Affairs Minister S Jaishankar left London at the end of a four-day visit to the United Kingdom on Friday with a message of convergence as the two countries agreed on an ambitious '2030 Roadmap' towards a Free Trade Agreement (FTA).
'Under Doval, foreign powers traditionally suspicious of India were wooed.' 'Enemies were embraced.'
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
The MPs voted in favour of the Queen's Speech by 323 votes to 309 with a majority of 14.
RBI Governor Raghuram Rajan stressed that trade, immigration and capital flows must not be hindered.
The 2009 work entitled "Devolved Parliament" was sold following a 13-minute battle between 10 different bidders.
From the 30-share Sensex pack, 26 scrips closed with gains led by Tata Motors that zoomed 16.63 per cent after the company reported narrowing of losses in the September quarter.
Other major gainers were Tata Steel, Yes bank, Axis Bank, Maruti Suzuki, Tech Mahindra and TCS -- rising as much as 7.09 per cent.
The US president's four-day tour will feature talks with British PM Theresa May, tea with the Queen, and mass protests including a giant Trump baby blimp being flown over Westminster.
The UK India Business Council expects more emphasis to be put on improving bilateral economic ties.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Theresa May's ruling Conservatives have not won outright majority in the UK parliament. Snapshots from Britain's post-Brexit snap general elections.
The global lending agency also said that Brexit has resulted in global economic uncertainty.
'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
May will now go head to head with Leadsom in an all-woman contest.
In the changed circumstances and attitudes in Britain, we must let bygones be bygones, argues Colonel Anil A Athale (retd).
The Oxford University and Stanford MBA graduate co-founded a 1-billion-pound global investment firm and specialised in investing in small British businesses
The S&P BSE Sensex gained 122 points to end at 26,525.
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