India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.
The Asian Cricket Council (ACC) on Friday hit back strongly at Pakistan Cricket Board chairman Najam Sethi "vehemently denying baseless allegations" of unilateral decision making levelled against its president Jay Shah.
"I don't think you heard anybody say that in the course of the President's three-day visit (to India), we're looking to counterbalance China in any way," Robert Blake, Assistant Secretary of State for South and Central Asia, Robert Blake, told journalists in New York and Washington during a digital video press conference.
Prime Minister Narendra Modi will focus on extended neighbourhood, particularly the ASEAN and Central Asian regions, says Archis Mohan
China is planning a 'New Silk Road' at a cost of $660 million that will run through Central Asia and continue into Europe, crossing the Pamir Plateau, to facilitate improved transport and trade.
The unalloyed truth about the Ukraine-Russia conflict is that it is a war that Russia cannot lose and Ukraine cannot win, observes Colonel Anil Athale (retd).
State health minister Veena George said a meeting was held between the principal secretary of the health department and the Union health ministry earlier in the day and now the monoclonal antibody has arrived.
External Affairs Minister S Jaishankar held wide-ranging talks with his visiting Iranian counterpart Hossein Amir-Abdollahian on Wednesday against the backdrop of widespread anger in West Asia over controversial remarks on Prophet Mohammed made by two former Bharatiya Janata Party spokespersons.
Equity benchmarks Sensex and Nifty faced heavy drubbing on Thursday, falling over 1 per cent each, in tandem with weak global markets following the US Federal Reserve's interest rate hike and its hawkish stance. The 30-share BSE Sensex tanked 878.88 points or 1.40 per cent to settle at 61,799.03. During the day, it tumbled 962.3 points or 1.53 per cent to 61,715.61.
From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
Blinken will also attend a meeting of the foreign ministers of the Quad grouping and will hold bilateral talks with his Indian counterpart S Jaishankar in Delhi.
Assistant Secretary of State for South and Central Asia Robert Blake was asked pointedly by rediff.com to respond to a growing perception that Pakistan was hedging on punishing the terrorists behind the Mumbai terror attack and the US was backing off from applying too much pressure on Islamabad because of its strategic interests. Blake said, "First of all, let me say these are really a very complicated set of issues that are for India and Pakistan to resolve."
The malware, which is suspected to be stealing confidential and sensitive information since 2007, can be used to steal encrypted files, and also recover deleted files.
The Export-Import Bank of India is planning to extend loans worth $150 million to the developing countries in Africa, Asia and Europe in six months.
Tomato prices are likely to touch Rs 300 per kilogram in the coming days and the prices of vegetables are also on the rise, according to wholesale traders. Kaushik, a member of Agricultural Produce Marketing Committee (APMC), said that vegetable wholesalers are facing losses as the sale of tomato, capsicum, and other seasonal vegetables has fallen drastically. He said that the prices of tomatoes have shot up to Rs 220 per kilo from Rs 160 per kilo in the wholesale market, owing to which retail prices can also go up.
Given the current geo-political situation in South Asia, a top Barack Obama administration official on Thursday confirmed that Pakistan will figure in talks when United States Secretary of State Hillary Clinton meets Indian leaders, during her upcoming visit to India. Assistant Secretary of State for South and Central Asia Robert Blake appreciated the recent meetings between the leaders of India and Pakistan and identified it as a positive development.
'Customers will end up pre-buying laptops, even at inflated rates. The same is true for second-hand and refurbished pieces that a company's authorised stores sell.'
India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.
Raising pro-Khalistan slogans, the protesters on Sunday broke open the makeshift security barriers raised by the city police and installed two so-called Khalistan flags inside the Consulate premises. Two consulate personnel soon removed these flags.
As North Atlantic Treaty Organisation's forces prepare their exit strategy in Afghanistan in 2014, Russia on Sunday raised concerns about a "new wave of terrorism" that could emerge in the region and affect India. Thousands of terrorists and fundamentalists could seek refuge in Afghanistan and this could change the situation drastically for countries such as Tajikistan, Kazakhstan and Central Asia, warned Russia.
After three days of intense search, debris of the missing AirAsia aircraft carrying 162 people was found on Tuesday in the Java Sea off Indonesia but only three bodies have been retrieved so far as the mystery remained over the cause of the crash.
The alacrity with which regional States responded to Delhi's invite signals that expectations are high regarding an Indian role in the efforts to stabilise the situation in Afghanistan, observes Ambassador M K Bhadrakumar.
Immigration has contributed immensely to America's economic success, making it a global leader in tech, and also Google the company it is today, Pichai said in a tweet.
The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
The new service will travel through 18 countries and each bus will accommodate 20 passengers.
S&P Global Ratings on Monday cut India's economic growth forecast for current fiscal year to 7 per cent, but said the domestic demand-led economy will be less impacted by the global slowdown. S&P had in September projected the Indian economy to grow 7.3 per cent in 2022-23 and 6.5 per cent in next fiscal year (2023-24). "The global slowdown will have less impact on domestic demand-led economies such as India... India's output will expand 7 per cent in fiscal year 2022-2023 and 6 per cent in next fiscal year," S&P Global Ratings Asia-Pacific chief economist Louis Kuijs said.
From the steely town of Temirtav to the cultural capital of Almaty, the Silk Route winding through Kazakhstan has a lot to offer, finds Sudha Mahalingam
The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024. "The actual benefit for banks from the inclusion in JP Morgan's EM Index will accrue from June 2024 onwards. "Until then, the larger fundamentals of the market will dictate the moves. "Once the initial euphoria subsides, bond markets will look to global cues which may trigger fresh selling," said Siddharth Khemka, head of retail research, Motilal Oswal Financial Services.
Dalhousie square has close to 55 historic landmarks.
New Delhi will host the second tri-lateral dialogue with United States and Afghanistan next week, which among other things will focus on co-operation between the three countries post-2014 when the US forces are scheduled to hand over control for security operations to Afghan forces.
'Indian equity valuations, although not very expensive, are not cheap either.'
Equity benchmarks pared initial gains to end lower on Friday, recording their third day of decline, amid weak trend in IT counters. The 30-share BSE Sensex tumbled 452.90 points or 0.75 per cent to settle at 59,900.37. During the day, it tanked 683.36 points or 1.13 per cent to 59,669.91.
'A strong positive relationship with India is essential to achieving long-term US goals such as regional security and stability, reduced tensions with Pakistan, and wide-ranging cooperation to counter extremism,' Admiral Robert Willard, said in his confirmation hearing for Commander of US Pacific Command.
Promising to respect democracy, the new Maldives President Mohammed Waheed has told the United States that he intends to form a national unity government which would include participation of opposition parties.
Manavi Kapur profiles Sheikh Rafik Mohammed of Calicut, who has been appointed to the top military post in the Central Asian country.
A day after calling off their protest against Brij Bhushan Sharan Singh, the wrestlers expressed intent to take part in the Asian Games selection trials.
Ruling out the possibility of establishing a military base or having permanent boots on the ground in Maldives, a top Barack Obama administration official has said that the United States has consulted India on the Status of Forces Agreement, which it is currently negotiating with the island nation.
