India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).
Stepping up his attack on the Bharatiya Janata Party government, Congress leader Rahul Gandhi has alleged that the structures of Indian democracy are under 'brutal attack' and there is a full-scale assault on the institutions of the country.
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said. Markets may consolidate after the record rally last week, experts added. "On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively.
'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'
Th report predicted that the world population is to reach eight billion by mid-November 2022.
Addressing party MPs at the general body meeting of the Congress Parliamentary Party in the central hall of Parliament, she said when facing a significant national challenge, it has been the tradition in our country to bring Parliament into confidence.
Clinton, who lost to President Donald Trump in the 2016 elections, claimed that both Russia and China are benefitting from his weak foreign policy.
'It is advisable to stay away from the markets for now and buy only on a dip.'
'The Chinese have taken to telling their Indian interlocutors to bear in mind the 5:1 disparity in the sizes of the two economies.' 'The message from Beijing, says T N Ninan, is clear: Acknowledge superior Chinese power, and behave accordingly.'
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
Some areas in the Indo-Gangetic basin in India have already passed the groundwater depletion tipping point and its entire northwestern region is predicted to experience critically low groundwater availability by 2025, according to a new report by the United Nations.
China and Pakistan have agreed to step up their defence and counter-terrorism cooperation amidst 'challenging times', as Pakistan Army chief General Qamar Javed Bajwa held wide-ranging talks with the Chinese military leadership to further cement their all-weather strategic partnership.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
Hospitality firm OYO is looking to raise $600 million (over Rs 4,380 crore) in debt from the US institutional investors to service its existing loans, sources in know of the matter said on Thursday. The company is raising $600 million in a term loan B (TLB) structure, the sources said. The company is taking the TLB to service its existing loans which are on higher interest rates, they added.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
"The current border situation is overall stable," the Chinese diplomat said.
The P-8I, which is widely acknowledged to be the world's most deadly LRMR-ASW aircraft, is a derivative of the Boeing 737-800 airliner, onto which a plethora of sensors and weaponry has been fitted.
China on Thursday sharply criticised US special coordinator for Tibetan issues Uzra Zeya's meeting with the Dalai Lama and her visit to Dharamshala, saying it violated Washington's commitment that Tibet is part of China and it does not support Tibetan separatists.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."
With military expenditure of USD 81.4 billion (one billion=100 crore), India's spending was up by six per cent from 2021 and by 47 per cent as compared 2013.
You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.
In case the test is negative, the passenger will still have to undergo seven-day home quarantine.
'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'
Pakistani-American businessman Sajid Tarar said like India, Pakistan also needs strong leadership to handle political instability and economic issues.
China on Friday operationalised its first fully electrified bullet train in the remote Himalayan region of Tibet, connecting the provincial capital Lhasa and Nyingchi, a strategically located Tibetan border town close to Arunachal Pradesh.
The GREAT scholarship programme offers financial support of a minimum of 10,000 to students pursuing a one-year postgraduate study in the UK.
'China is unwilling to restore the status quo ante of April 2020.' 'India will have to weigh its options based on this premise.'
The commanders present in Delhi gathered at the South Block in Raisina Hills area, while many others joined the deliberations virtually.
'Both Russia and the USA seek New Delhi's friendship, because for both -- Russia and the USA -- India is a certain counterbalance to China.'
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
Prime Minister Narendra Modi and Chinese President Xi Jinping have agreed to make efforts to put India-China ties in the "right direction" and to "respect and accommodate" each other's concerns to avoid "impedance" relations, a top Chinese diplomat said on Tuesday.
'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
Over the last few weeks, bipartisan support for India against China has been increasing.
India would not be seen to be anything but rude with the Pakistanis. In the big picture, who is the bigger adversary right now? Who is the bigger pain in the neck? And who is it that is keeping more than 3,000 km of our borders active, throwing our military posture and deployments into imbalance? asks Shekhar Gupta.
Four major political takeaways from Narendra Modi's much-anticipated trip to China
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