The bank has won the 'Best Retail Bank in India' award for the fifth year in a row.
'Because it is the only public sector company in this sector, currently.'
In this second part of a series, Sudha Mahalingam goes deep into silk territory in Kazakhstan and says that the Ferghana Valley seems like a gift from the Gods
Standard Chartered's India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country's private banks, said a senior executive of the British lender. "Our focus on wealth management and affluent clients are central to our existence. "We are strong in these areas and we want to grow in these areas.
The defence secretary was responding to a question from Congressman Joe Wilson, a friend of India in the Congress who, of late, has been critical of India deciding to take an independent position on the Russian invasion of Ukraine.
Rauf's central contract may be 'restored'
It also noted that under the leadership of Prime Minister Narendra Modi, India is more likely than in the past to respond with military force to Pakistani provocations.
Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.
'Shark fins are the most sought-after shark product.'
India's chances after this defeat will be badly dented as even a big win against Indonesia in the last game might not be enough for qualification to
S&P Global Ratings on Monday raised India's growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth.
Global financial markets are not yet fully factoring in any escalation in the Israel-Palestine geopolitical conflict, said Christopher Wood, global head of equity strategy at Jefferies in his latest weekly note to investors, GREED & fear. The pertinent point about ongoing events in West Asia from a financial market perspective, according to him, is that, despite much talk about a pending ground invasion of Gaza, no such invasion has yet happened. "This is beginning to make GREED & fear wonder if it is ever going to happen.
Noting that the country was on track to have the largest economy by 2050, US Assistant Secretary of State for South and Central Asia Robert Blake said, "India is a rising giant whose influence is being felt not only in the Indian Ocean, but in the Americas, in Africa, West Asia, and in Central Asia."
In an apparent snub to Pakistani President Asif Ali Zardari, his United States counterpart Barack Obama on Monday did not mention Pakistan in his opening remarks at the NATO Summit meeting on Afghanistan and instead welcomed the presence of officials from the Central Asia and Russia.
'In South Asia, unlike Southeast, East, or Central Asia, there is a natural hegemon: India. China cannot cast it aside easily'
Ahead of his side's Indian Premier League match against Mumbai Indians, Kolkata Knight Riders assistant coach Abhishek Nayar hailed skipper Shreyas Iyer for his mental strength and positive approach to life.
Under intense scrutiny, Iyer looked rusty at the start of the IPL and got out for a two-ball duck in their opener against SRH. He had some significant contributions later on but his efforts were all overshadowed by Narine and Salt's explosive batting.
Pakistan is once again becoming a frontline State in big-power rivalry. But this time around, Pakistan stands to gain out of its geography, observes Ambassador M K Bhadrakumar.
United States President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
Pakistani Army Chief General Qamar Javed Bajwa on Thursday said that a stable relationship between India and Pakistan is key to unlocking the potential of South and Central Asia by ensuring connectivity between East and West Asia.
With the rapid expansion of India-US ties, which are expected to deepen in the coming years, it is time to upgrade the India desk at the South and Central Asia Bureau of the State Department to a full fledged India Office, an official report has said.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson Pawan Munjal and others as part of a money laundering investigation, official sources said. The searches were carried out at premises located in Delhi and neighbouring Gurugram in accordance with provisions of the Prevention of Money Laundering Act (PMLA).
Qin, who is visiting New Delhi to attend the G20 Foreign Ministers meeting on Thursday, is expected to meet Jaishankar on its sidelines though the foreign ministry here is tight-lipped about it.
Unless the anarchy in Manipur is brought under control quickly, we are sowing the seeds of a flare up in the entire North East and the end of our dream of checking China in South East Asia, warns Colonel Anil A Athale (retd).
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
Equity benchmark Nifty scaled the psychological milestone of 21,000 in afternoon trade on Friday, and the Sensex touched its all-time intraday high of 69,888.33 after the central bank's decision to keep policy rates unchanged in line with market expectations. The 50-share benchmark index opened on a bullish note, after taking a breather on Thursday, and rose to 21,006.10. As many as 25 stocks were trading in the green, and 24 stocks defied the broader market and were trading in the negative territory.
A woman passenger claimed that she had explosives and threatened to blow up the aircraft mid-air but it turned out to be a hoax. No bombs were found following a thorough search of the plane after it made an emergency landing.
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
'I am a lover of Hinduism, a lover of Jainism, Buddhism and other religions that were born in India, but we need to protect the rights of all people there. Whether they're Muslims, Hindus, Buddhists, Jews, Christians, Jains'
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
Hafeez said the board would factor in a players' workload ahead of next year's T20 World Cup before giving him a 'No Objection Certificate'(NOC) to take part in one of the growing number of lucrative franchise leagues around the world.
Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.
On January 30, a suicide bombing at a mosque in the Peshawar Police Lines area claimed the lives of at least 101 people
Terror group Al Qaeda is "shaping" its regional affiliate in the Indian subcontinent to spread its operations into Jammu and Kashmir, Bangladesh and Myanmar, according to a UN report.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
