As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram.
'Given that the situation is quickly escalating, such attacks will affect the flow of crude in the short term from West Asia' Subhayan Chakraborty and Dhruvaksh Saha report.
A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.
Describing Central Asia as India's "extended neighbourhood", Doval said New Delhi accords "highest priority" to this region, adding Afghanistan is an important issue "concerning all of us".
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
Pakistan's two flagbearers also chose not to cover their faces, unlike the vast majority of other participants at the Tokyo Olympics opening ceremony on Friday.
The delegation visiting India during September 5-8 will be led by assistant secretary of state for South and Central Asian affairs Donald Lu.
The minister also rejected Gandhi's allegation that the Narendra Modi government brought Pakistan and China together.
Garcetti reportedly said the violence and killings in Manipur are a matter of "human concern" and the US is "ready to assist" India in dealing with the situation "if asked".
'Just being recognised for all my efforts towards the game feels good.'
Kyrgyzstan goalkeeper Pavel Matiash pushed the ball into his own net five minutes into the second half to cancel out Akhlidin Israilov's first-half opener before Yu secured the points for China with a calm finish 12 minutes from time.
Singh has served as the chief sports officer of the CRPF and won a silver medal at the 1986 Seoul Asian Games in the 200-metre butterfly event, which was India's first medal in swimming at the tournament since its 1951 edition.
Both countries are celebrating the 75th anniversary of the establishment of diplomatic relations this year.
'The competition is very high in India and the pressure situations we face during trials will definitely help in Olympics. I just wanted to be my best in trials, the fire to perform in trials and the experience of last 15 years really paid off. These things will surely help me in Paris, the experience of playing in the Olympics is there with me.'
MotoGP's Indian Grand Prix has been cancelled due to operational considerations, series organisers said on Wednesday.
Pakistan Prime Minister Imran Khan on Wednesday said India will be benefitted economically by having peace with his country as it will enable New Delhi to directly access the resource-rich Central Asia region through Pakistani territory.
From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.
Iran handed Cambodia a record-breaking 14-0 thrashing on an historic day in Tehran as goals flowed in World Cup qualifiers across Asia with Japan, South Korea and Australia securing comfortable wins on Thursday.
'Five months after the elections in February 2024, the Pakistan army has not been able to break Imran Khan's resolve and break his political party.'
The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers. During FY24, the CBIC and Directorate of Revenue Intelligence (DRI) jointly seized about 5 tonnes of gold, 30 per cent more than what they did in FY23. In FY23, 3.5 tonnes of gold was confiscated.
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
The countries offering visa-on-arrival service to Indian nationals have been exploited as 'Donkey Routes' by agents for people who endeavour to reach the United States and Canada.
India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).
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.
'If the government sincerely addressed the issue of missing persons, it would alleviate 80% of the grievances in Balochistan.' 'No matter how many development projects Islamabad announces for the region, the people will remain upset as long as their loved ones are missing.'
Jaspal Rana's contribution towards Manu Bhaker's remarkable transformation into a double Olympics medallist will not go unnoticed. The national shooting federation is mulling bringing the Dronacharya awardee coach back into its fold.
The US drone strike that killed Ayman al-Zawahiri has raised questions over Pakistan's possible role in the raid amid reports suggesting that the country's airspace could have been used for carrying out the precision strike on the Al Qaeda chief's safe house in Kabul.
After allegations of sexual harassment by a group of female CRPF personnel, the force conducted an investigation and determined his guilt, sources said.
Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Both Morgan Stanley and Jefferies in their recent reports, have cited their preference for the Land Of The Rising Sun, which is fast becoming the land of the rising equities, too.
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
The Russian Federal Security Service (FSB) on Monday said that its officers had detained a suicide bomber, a member of the Islamic State terrorist group, who was plotting a terrorist attack against one of India's leadership elite, Russia news agency Sputnik reported.
"This year, the Southwest Monsoon is likely to set over Kerala on May 31 with a model error of four days," the India meteorological department said on Wednesday.
India's forex reserves declined $5.24 billion to $617.23 billion for the week ending February 9, according to weekly data released by the Reserve Bank of India (RBI) on Friday. The forex kitty stood at $622.5 billion for the week ended February 2. However, in the current fiscal, the forex reserves have increased $50.28 billion, the RBI data showed.
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.
The national shooting federation NRAI chose current form over pedigree to pick the squad for the mega event and it will be hoping they hit the bullseye at the National Shooting Centre in Chateauroux.
After covering the biggest wedding of the year, Rediff.com's Hitesh Harisinghani was invited to the reception specially held for the media.
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.
Prime Minister Narendra Modi on Monday left for home after wrapping up his eight-day whirlwind tour of five Central Asian countries and Russia during which ties with these nations were strengthened and India was accepted as a full member of the SCO.
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