Acquisitions may have played a role in much of the increase.
'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'
'The loss of Chinese internet company Byte Dance, mother company of TikTok, could be as high as USD 6 billion after the Indian government banned 59 Chinese apps, including TikTok following deadly border clash between India and Chinese troops last month,' reported Global Times citing sources.
'The Chinese media was beside itself with rage that how can a country with one-fifth of its economic power and maybe one-third of its military power stand up to them.'
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Megha Rajagopalan's Xinjiang series won the Pulitzer Prize in the International Reporting category.
'I was exhausted, hungry, unshaven and despondent.' 'My mouth was full of sores due to dehydration.' 'My clothes were in tatters due to walking through bushes and sliding down thorny slopes,' Brigadier John Parshuram Dalvi wrote of his capture during the 1962 War.
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
India has purchased 500 million doses of the Oxford University-AstraZeneca vaccine candidate, one billion from the United States company Novavax and 100 million doses of the Sputnik V candidate from Russia's Gamaleya Research Institute, according to the US-based Duke University Global Health Innovation Center.
'It is advisable for Indian interlocutors to follow the Chinese tactic of repeating the Indian position, both for the record and to test the Chinese negotiator's resolve and intentions.' A riveting excerpt from former foreign secretary Vijay Gokhale's The Long Game: How the Chinese Negotiate With India.
Cross-country skier Johaug to call time on Olympic career after Sunday's 30km.
Will never let the sacrifice of our braves of Galwan go in vain, Air Chief Marshal RKS Bhadauria said.
The arrival a couple of days ago of a Chinese nuclear submarine for the first time in Karachi port, coinciding with a Chinese military delegation's visit, points to Pakistan's importance for China, says former R&AW officer Jayadeva Ranade.
Making a case for an optimal fiscal stance, the Economic Survey on Friday said growth leads to debt sustainability and not necessarily vice-versa. "This is because debt sustainability depends on the 'Interest Rate Growth Rate Differential' (IRGD) i.e. the difference between the interest rate and the growth rate in an economy. "With the Indian context of potential high growth, the interest rate on debt paid by the Indian government has been less than India's growth rate by norm, not by exception," it said.
To rise quickly in the PLA's hierarchy, you need to be close to Xi Jinping. Retired RA&W officer Jayadeva Ranade on the changes in China's military leadership.
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
China remains the elephant in the room and has to be tamed, which the United States alone is unable to do and therefore calls allies to come on board.
'India is ahead only of Pakistan in the amount spent on each soldier a year.' 'The Indian military is a manpower-heavy throng that is poorly armed, equipped, and trained,' observes Ajai Shukla.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
The onslaught of Chinese mobile brands is virtually obliterating Indian brands, especially in terms of value. According to industry estimates based on excise and Custom duty trends, the value share of Indian brands (across smartphones and feature phones, operator phone sales - which is mostly Jio phones - and the value of phones smuggled into the country) has dropped to a mere 1.2 per cent in January-October 2021 compared to 25.4 per cent in the calendar year 2015. In the same period, the Chinese have established their domination, hitting a value share of 64.5 per cent, up from 17.8 per cent.
Indian companies' market capitalization has grown at the fastest pace last year among major economies despite contraction in GDP, economists from SBI said, flagging the risks to financial stability it poses. Further, retail investors have shown higher interest in markets and their numbers have increased by 1.42 crore in FY21 and another 44 lakh in April and May, they said in a note, wondering if this will be a lasting behavioural change or is transitory. The economists at the country's largest lender attributed the growth in equity markets to lower returns on other financial instruments amid a low rates regime, increase in global liquidity, and even a tendency to spend more time at home because of mobility restrictions which led many to trade more.
The results of the study, being published on the website of top academic journal Nature on May 20, implied the Huanan Seafood Market in Hubei's capital Wuhan may not be the birthplace of COVID-19, although the virus outbreak emerged in Wuhan had a strong link to contacts with the market.
'Trump's stated strong stance against Islamist extremism and terrorism could play into the Indo-US relationship.' 'It could mould US attitude and exert pressure on Pakistan.' 'In the event of US military presence in Afghanistan increasing, however, Pakistan could gain an opportunity to again emphasise its importance.'
The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
The Saveetha Institute of Medical and Technical Sciences. The Indian School of Mines, Dhanbad. Vinay Umarji explains why these two universities have made India proud.
The IAF chief also said Pakistan has become a pawn of Chinese policy and its dependence on China would increase further in future. He said India needs to understand the interplay of some major events in its vicinity that would impact the security scenario of the region.
The annual Reporters Without Borders analysis attributed the decline in index to "pressure on the media to toe the Hindu nationalist government's line."
India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.
Jawaharlal Nehru was a man of the people and of many gifts and achievements, says veteran author Ruskin Bond in his new book, and describes Prime Minister Narendra Modi as a man of humble beginnings, whose political acumen and yogic willpower have brought him to the top.
In the book 10 Flashpoints: 20 years that is set to be released on December 2, the former union minister has looked back at the security situations that have impacted India in the last two decades.
The Chinese fight to keep their exchange rate low; we fight to keep it high. And from equal status in 1980, China's per capita income is thrice India's today.
'You can see that in Chinese behaviour in the Yellow Sea, you can see it in their behaviour towards Taiwan, you can see it in their behaviour towards Hong Kong, you can see it on our border as well.'
For India to endorse Nepal's Buddhist conference will be like sipping from a poisoned chalice, warns former RA&W official Jayadeva Ranade.
'It is nobody's contention that uncomfortable questions regarding national security should not be raised. But that is a topic for another day and another time when the immediate threat has faded,' argues Vivek Gumaste.
Developing more sources of supplies to guard against disruptions may emerge as the next big trend. But that may not necessarily mean flow of more investments into India, unless investors are assured, besides important economic factors and impartiality of institutions, that social disharmony will not cause unexpected disruptions.
'Their deteriorating economic and international situation is also responsible for being more reasonable.'
'This is a historical moment in the political history of Sri Lanka.' 'You can see the amount of pressure that is coming from the people because nobody addressed the policy blunders, multiple corruption charges and huge scandals.'
52 world leaders, including Narendra Modi, will attend this week's Nuclear Security Summit in Washington, DC. Obama will meet separately only with the Chinese president.
What is foreign policy worth if it stands disconnected from domestic realities? Make no mistake, the horrifying visuals of the human suffering in metropolitan India is only the tip of the iceberg. The vast swathes of the hinterland are heaving with untold sorrows, notes Ambassador M K Bhadrakumar.
'Under Doval, foreign powers traditionally suspicious of India were wooed.' 'Enemies were embraced.'
