'Partition was a two-sided story in a very big way.' 'We've oversimplified it, blamed the British, thought of ourselves only as victims.' 'We've been both victims and perpetrators.'
It has been a choppy calendar year 2022 (CY22) for global financial markets amid the spectre of rising inflation that led most central banks, especially the US Federal Reserve (US Fed), to tighten their monetary policy. Most equity indices across the globe have seen a sharp fall from their respective peak levels in this backdrop. FTSE India, for instance, has corrected 16 per cent from its October peak.
IndusInd Bank was the top loser in the Sensex pack, tanking over 6 per cent, followed by Maruti, Tata Steel, NTPC, Bajaj Finance, HDFC and Titan. NSE Nifty plunged 509.80 points to 17,026.45.
India's GDP expanded 13.5 per cent in the April-June quarter, the quickest pace in a year, to retain the world's fastest growing economy tag but rising interest costs and the looming threat of a recession in major world economies could slow the momentum in the coming quarters.
Trade tensions between India and the US have been rising with President Donald Trump complaining that tariffs imposed by New Delhi on American products were "no longer acceptable".
Titan was the top gainer in the Sensex pack, rising 3.5 per cent, followed by Kotak Bank, SBI, Maruti Suzuki, Bajaj Finance, HUL, Axis Bank and Sun Pharma. On the other hand, NTPC, Tech Mahindra, PowerGrid and Infosys were the laggards.
Defence is at the heart of the India-United relationship, so it is interesting that General Lloyd Austin, the US secretary for defense, was not among the officials present when Joe Biden met Prime Minister Narendra Damodardas Modi for their first meeting since Biden became president in January.
On the last leg of his eight-day six-nation tour, Prime Minister Narendra Modi on Monday made a strong pitch for taking India's ties with Tajikistan to newer heights in diverse areas.
'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'
Of the 23 companies, eight have raised funds after Shark Tank India.
Where paneer came to India from... How sambar got its name... Gulab jamun does not have Indian roots...
The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs.
IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, Bajaj Auto, HCL Tech, Sun Pharma and Tech Mahindra. On the other hand, HDFC twins and Bajaj Finance were the gainers.
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The US president said that he has sought help from Prime Minister Narendra Modi to allow the sale of Hydroxychloroquine tablets ordered by the US to treat the growing number of coronavirus patients in his country, hours after India banned the export of the anti-malarial drug.
About 50 countries, including Canada, Mexico, Nigeria and Panama, have shown interest in having a Co-WIN like system to run their vaccination drive, a senior official said on Monday, adding India is ready to share the open source software free of cost.
Royce, 66, one of the founders of the Congressional Caucus on India and Indian-Americans, said he wanted to spend the remaining months of his term on "urgent threats" the US is facing.
The Trinamool Congress MP, considered number 2 in the party, also advised Shah to teach nationalism to his son and make sure that the law and order situation improves in Delhi.
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
CCPA said the primary issues raised in the notices included 'deficiency in service'. This includes lack of proper response from customer support, driver refusing to take payment by online mode and insisting for cash only.
US Special Coordinator for Tibetan issues Uzra Zeya will travel to India and Nepal this week to deepen cooperation on human rights and democratic governance goals with the two nations, the state department has announced.
Th report predicted that the world population is to reach eight billion by mid-November 2022.
'Dharavi will be completely slum free by 2040'
Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June -- the highest net outflow in over two years -- amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew Rs 52,987 crore in the entire 2008, data with depositories showed.
The Ministry of External Affairs (MEA) on March 17 had announced that State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government, and this was part of India's financial aid to the troubled island nation. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items. "India has always stood with the people of Sri Lanka and we will continue to extend all possible support at this juncture.
The Chabahar message is a reality check for China, which has made deep political and strategic inroads into Iran.
The CBI had sought the sanction of the government to prosecute the international human rights organisation because of mandatory clause of Section 40 of the FCRA.
United States Secretary of State Antony Blinken has said that he had a productive meeting with visiting External Affairs Minister S Jaishankar during which they discussed the bilateral ties, COVID-19 relief efforts, India-China border situation and Afghanistan and vowed to work together to address areas of shared concern.
Uber has come up with a technology integration feature called "emergency assistance" that aims to provide public safety authorities with real-time actionable data in case of an emergency during a ride. In the event of an emergency, riders or drivers will be able to share their live location, which shall be updated every four seconds, along with their name and contact details at the swipe of a button on the Uber app with the police. This will lead to saving critical time by providing potentially life-saving assistance by the police.
So far, 162 bodies have been recovered from the areas in the state affected by tsunamis.
World over, pluralism is in retreat. Luckily for us, Indian pluralism and its consequent tolerance of diversity is rooted in our basic values. As long as we remain faithful to these values and keep our institutions in good health, the Indian miracle of last 75 years is likely to last centuries, asserts Colonel Anil A Athale (retd).
A top Obama administration official on Thursday said that though some progress is being made in the implementation of the Indo-US civilian nuclear deal, it is going to be a long and tough road to work through the issues related to India's nuclear liability law.
"We continue to press for the release of detainees for the full restoration of everyday services, but most importantly, for roadmap to the restoration of political and economic normalcy," said Acting Assistant Secretary of State for South and Central Asia Alice G Wells.
Troops of India and China were locked in a 73-day-long standoff in Doklam from June 16 last year after the Indian side stopped the building of a road in the disputed tri-junction by the Chinese army.
In the two-day summit, the SCO will kick off the process of India's accession to the grouping as a full-fledged member along with Pakistan.
'India's economy faces further downside risks from sluggish private investment and rural demand weakened by slow wage growth.'
Frosty Indo-Pak relations after the beheading of Indian soldiers by Pakistani troops were on full display in Yokohama, Japan.
Did you know that samosas, idlis and coffee are not originally from India?
Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints. NSE Nifty rallied 293.05 points to 17,469.75.
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