'One out of three phones sold in India is a Xiaomi phone.'
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
India's work participation rate is lower than Pakistan and Bangladesh. Are Indians lazy? No, there are no jobs, asserts Aakar Patel.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
"Wishing you all the best for your future endeavours, Ankita! Hope you continue making the nation proud. Many congratulations @ankita_champ ! #TOPSAthlete #SAI," the Sports Authority of India wrote on its Twitter handle.
Recovery was largely driven by the European Union markets.
The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.
It also took exception to Australian Foreign Minister Julie Bishop's call for resolving the Doklam issue peacefully
Defence Minister Rajnath Singh on Monday urged dialogue between the protesting farmers and the Centre while addressing a meeting of Bharatiya Janata Party office-bearers, during which he also invoked the border clashes with China and the construction of the Ram temple.
All eyes will be on what the prime minister says as his August 15 addresses have often been marked by big announcements, his government's achievements and bringing to people's attention what he believes to be the major challenges facing the country.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
There are seven potential buyers, ranging from the Port Talbot steelworks' management to the UK steel industry investors Liberty House
Imports also fell for the eighth consecutive months, down 0.75 per cent to $41.14 billion in January, widening the trade deficit to a seven-month high of $15.17 billion.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
A senior US official said that the plan of establishing OBOR alternative was still 'nascent'.
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
Some international markets offer interest rates as low as one per cent, which could reduce the government's interest cost significantly.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
The former Union minister said the population debate is 'utterly misplaced' and half a century out-of-date as a large majority of Indian states have achieved replacement levels of fertility.
Shooter Avani Lekhara scripted history on Monday as she became the first Indian woman to win a gold medal at the Paralympics, firing her way to the top of the podium in the R-2 women's 10m Air Rifle Standing SH1 event in Tokyo.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Maharashtra's Labour Minister Dilip Walse-Patil has sought a written submission from the General Motors' (GM) Employees Union and the management of the company detailing its stance on the issue of plant closure. The labour minister asked the warring sides for submission at a hearing on Tuesday. Both sides have been given a week's time to reply.
The Oxford Union Debating Society, citing unforeseen "circumstances", on Wednesday sought to postpone a scheduled virtual address by West Bengal Chief Minister Mamata Banerjee at the last moment, drawing flak from the ruling Trinamool Congress, which sniffed "political pressure from the highest level" in the matter.
Food prices have been on the rise in China this year, pushing the country's inflation rate to 3.4 per cent in May compared with a year earlier, higher than the government's warning level of three per cent.
The US has the distinction of destroying a flawed but functioning State thrice since 1979. Pakistan has been their constant accomplice, explains Shekhar Gupta.
Air pollution is the third highest cause of death among all health risks in India, ranking just above smoking.
The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."
Under a new British-Irish visa scheme announced by Ireland's minister for justice Frances Fitzgerald, tourists and business visitors from India and China will be allowed to travel freely in the 'common travel area' of Britain and Ireland with either an Irish or a British visa.
WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.
Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
The Modi government wants to have a smooth relationship with the DMK government.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
The Army Chief replied in the affirmative when asked by the moderator whether he concurs with Prime Minister Narendra Modi's remarks after the border standoff that the Chinese have not come into control of Indian territory.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
