Tan Kim Her's voice was tinged with emotion as he reflected on the journey of Satwiksairaj Rankireddy and Chirag Shetty, the two men he paired and who fondly call him "Daddy".
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
India was the world's biggest importer of Russian oil in February, exceeding China by 20 million barrels.
Maintaining that the United States and China are not 'predestined adversaries', President Barack Obama on Monday said his country does not seek to impose any system of government on any other nation, but subtly pushed for greater freedom of expression in the Communist country.
India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China to Rs 13,538 crore, the commerce ministry data analysed by the Association of Indian Medical Device Industry (AiMeD) has showed. Local industry players say this has led to several small and medium units to shut shop. Rakesh Vaid of Usha Fabs, a garments exporter, had started making N95 masks in his Gurgaon factory during the peak of the Covid-19 pandemic.
The Indian men's team currently occupies the 18th spot among countries under the Asian Football Confederation, while the women's side is ranked 11th.
Earlier in an op-ed in The Washington Post, Schumer said the democratic international order must stand strong to confront the rise of the Chinese Communist Party.
Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.
The report, Perspectives on Global Development 2010 -- Shifting Wealth, is the centerpiece of a Global Policy Dialogue co-hosted by the OECD Development Center and Global Development Network -- a platform for economic research institutes from developing countries.
India no longer needs big ticket reforms but small and basic ones to drive the growth forward, Chief Economic Advisor V Anantha Nageswaran said on Monday. Addressing the media after the Economic Survey 2023-24 presented in Parliament, Nageswaran said there is a need to pursue all possible approaches without any ideological orientation. "In terms of the kind of reforms that we need to do, it is no longer big-ticket reforms that dominate your front pages but more about grunt works.
'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.
Troops of both the countries are locked in a tense standoff in the disputed areas of Pangong Tso and Galwan Valley along the LAC.
The diplomatic efforts by China indicate dousing tensions between India and Pakistan, but the central issue, counter-terrorism, may take a back seat.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around $10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month in terms of foreign fund outflows. In March 2020, FPIs withdrew Rs 61,973 crore from equities.
India's demand for petroleum products like petrol and diesel will grow by 7.73 per cent in 2022, the fastest pace in the world, an OPEC report said. India's demand for oil products is projected to rise from 4.77 million barrels per day (bpd) in 2021 to 5.14 million bpd in 2022, OPEC said in its monthly oil report. The growth in demand is the fastest in the world ahead of 1.23 per cent of China, 3.39 per cent of the US and 4.62 per cent of Europe.
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.
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
Of the seven cases, three were found in Gujarat and one each in Karnataka, Telangana, Chhattisgarh and Rajasthan, Indian SARS-CoV-2 Genomics Consortium (INSACOG) said.
The importance of China as India's top trading partner cannot be understated.
The Tamil Nadu government on Tuesday cleared the Rs 13,180 crore project by Yuzhan Technology, part of Taiwan's Foxconn Group, at Kancheepuram. The unit is reportedly expected to assemble smartphone display modules, which will be one of the first such units to cater to Apple's growing presence in the country. The unit is expected to generate at least 14,000 jobs. Of the 14 existing manufacturing units in the Apple supply chain, seven are based in Tamil Nadu.
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.
Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former's attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
India's Harmanpreet Singh was crowned as Men's Player Of The Year and his former compatriot PR Sreejesh was named Men's Goalkeeper Of The Year, announced the International Hockey Federation (FIH) on Friday.
'India is a rising power and it'll become one day a great power. I think the diplomatic skills, the execution of a flawless G-20 sends the message that India has arrived on the scene and it is becoming a great power'
'When armies start attacking with clubs and batons, then at some point this can take an escalatory spiral and spin out of control.'
China on Thursday declined to comment on reports that the debris of its Long March 5B rocket, which last week launched the core module of the country's space station, is set to re-enter the earth's atmosphere this weekend, amid concerns that it could cause damage if it crashes in civilian areas.
Even as China's riot-hit Urumqi is showing signs of normalcy, the death toll in the weeklong clashes between the Han Chinese and Uighur communities continues to rise.
The highly-anticipated summit, which began early Tuesday, is the third engagement between Xi, 68, and Biden, 78, since February.
Striking a peace cord on the eve of New Year, Chinese President Hu Jintao on Friday said that Beijing would strive to work for welfare of people all over the world while transforming its export dependent growth model with "proactive" fiscal and "prudent" monetary policies.
After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.
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.
Blinken asserts that America will continue to stand up for religious freedom around the world.
Satwiksairaj Rankireddy and Chirag Shetty have regained their top spot following their Thailand Open title triumph on Sunday.
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said.
In the first nine months of financial year 2022-23, India's exports of medical devices have grown by 17 per cent, while imports have declined by around 8 per cent, show the latest data compiled by the Association of Indian Medical Device Industry (AiMeD). However, import of 30 medical devices from China has risen between 25 per cent and 152 per cent during this period, the AiMeD has written to Commerce and Industries Minister Piyush Goyal in March. The AiMeD is an umbrella organisation of medical device makers.
