El Nino, which refers to warmer-than-average sea surface temperatures in the central and eastern tropical Pacific Ocean, will likely to keep CPI inflation up at 8-10 per cent in the second half of 2014 and will pose a 50-70 basis point risk to this fiscal's growth expectation, the report by financial services major Bank of America Merrill Lynch said.
When you think of Indian Maharajas of yore what is the one thing that comes to mind? Jewels! And that is exactly what the world will witness at Christie's, New York during its upcoming auction -- "Maharajas and Mughal Magnificence". The "unprecedented group" of objects is from The Al Thani Collection of the royal family of Qatar. It is expected to see competitive bidding from across the globe. As per Christie's, this collection is poised to be the most valuable auction of jewellery and jewelled objects. The current record is held by The Collection of Elizabeth Taylor, which totals $144 million (Rs 1,003 crore). Mughal emperor Shah Jahan's jade hilted dagger, the priceless jewels of the Nizams of Hyderabad, and a string of pearls belonging to Rajmata Gayatri Devi of Jaipur are among the 400 royal artefacts that would be auctioned on Wednesday. Here's a glimpse of the astounding jewels that will be auctioned.
The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United States.
By all yardsticks 2024 isn't expected to be like 2014 or 2019. But with the mandir expected to be ready in time for the next Lok Sabha polls, Modi will have a new ally in Ram to see him through, observes Saisuresh Sivaswamy.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
The tyre industry has urged the Central Government for recast of India's Free Trade Agreements
A select 12 matches will also be broadcast in Malayalam via Asianet Plus.
Asian shares have begun the week on a plaintive note.
Chinese President Xi Jinping on Wednesday held formal talks with his US counterpart Barack Obama, a day after the two leaders pledged to push forward a new type of major-country relations between the world's two largest economies.
'As far as acquisition of Russian equipment is concerned, with about 70% of Indian military equipment being of Russian origin, a sudden decision to abandon imports from Russia is not feasible,' points out Brigadier S K Chatterji (retd).
Pune saw the fastest growth in terms of number of super-rich people.
Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
For India, Fitch Ratings has 'BBB-' rating.
Biden said, "One of the reasons why President Obama called our relations with India, quote, "a defining partnership of the century ahead" is that India is increasingly looking east as a force for security and growth in Southeast Asia and beyond."
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Prime Minister Narendra Modi enjoys a close relationship with Shinzo Abe. For Abe, "a strong India is in the best interest of Japan, and a strong Japan is in the best interest of India."
Millions of farmers plant rice, cane, corn, cotton and soybean crops in the rainy months of June and July. Harvesting starts from October
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
Data spanning the years 1951 to 2014 show that temperature and pressure conditions at specific locations in the Arctic region during the pre-monsoon period correlate with the Indian summer monsoon rainfall, points out Charu Bahri.
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
India's largest airline has also told its crew members -- who are working on flights connecting India with East Asian countries like Thailand and Singapore -- to wear N95 masks at all times when they are on ground.
The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.
Wholesale price-based inflation eased to a nine-month low of 4.68 per cent in February, while retail inflation slowed to a 25-month low of 8.1 per cent.
The RBI must cut rates to spur growth, say experts.
By hosting the 10 ASEAN leaders on Republic Day, India amply demonstrated that ASEAN is a central pillar of its Act East policy. But is India 'central' for ASEAN, asks Dr Rahul Mishra.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The market breadth, indicating the overall health of the market, was positive
Nariman Point was ranked 30th on the top 50 rankings for global prime office properties.
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
Gokhale and Pompeo expressed satisfaction over the significant progress and the quality of the India-US Strategic Partnership
At a time when Donald Trump is making belligerent noises, Chinese President Xi Jinping responds by overhauling the People's Liberation Army and restructuring the command of the PLA Navy to emphasise Beijing's resolve to dominate the South China Sea.
With Pakistan in mind, Prime Minister Manmohan Singh on Thursday warned that terrorism and radicalism emanating from "our neighbourhood" had directly affected both India and China and could lead to instability across Asia.
Total area impacted across India pegged at 18.9 mn hectares.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
Green and Indigenous groups in Australia have criticised the government's decision to grant new approval to Indian mining giant Adani's $16.5 billion controversial coal mine project in central Queensland.
According to Skymet Weather, the initial surge in the Monsoon rains can be attributed to the transition of El Nino into the neutral phase.
If El Nino condition affects the monsoons, as is being forecast by foreign agencies, it can slow down the economy to 5.2 per cent next fiscal from a projected 6 per cent.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances