Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The government has given up its focus on economic growth because it it not something Modi has been able to fully understand.' 'This explains the extraordinary focus on divisive politics by the BJP even at a time when the world's most important man in visiting India,' notes Aakar Patel.
A summary of sports events and persons who made news on Thursday
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
India and Vietnam on Tuesday decided to ramp up their defence and security ties that will see supply of four naval patrol vessels to Hanoi and increased training of its military personnel, a month after India extended USD 100 million Line of Credit for defence procurement.
Work on a dozen decisions to start by next week.
'People are doing a lot of trading.' 'Short-term euphoria can be seen.' 'Retail participation is best through MFs and PMS.'
The planner's argument is that recent international events, such as China's good growth numbers and quantitative easing by the US Federal Reserve, will result in more fund flows in commodities.
'It is not that he has not committed any mistakes; he has.' 'But people were willing to forgive you if you were honest.'
"We have decided to extend electronic tourist visas to Chinese nationals," Modi said addressing students at the Tsinghua University in Beijing.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
In George Fernandes's passing, many will mourn him -- even those who disagreed vehemently with him, writes Aditi Phadnis.
The lowest drug prices were found in India and South Africa.
Force 2 loses steam over hastily established grievances, vendetta schemes and quick fix conclusions, feels Sukanya Verma.
Former Union minister Suresh Prabhu would be India's Sherpa at the 14th meeting of the world's top economies in Osaka, Japan.
The first commercial flight from Pakyong would begin from October 4.
The income inequality gap was found to be highest in South Africa and lowest in Denmark.
'We have to rise over our divisions.' 'Divisions within us allow unscrupulous politicians to divert attention from issues like corruption and governance.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Be careful if you find your postal mails/ bank and financial statements intercepted, pilfered or tampered with.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
The armed forces are facing a shortage of over 52,000 soldiers with the Army topping the list with over 21,000 vacant posts, the government said on Wednesday.
Hyderabad-based Gold Stone Group, which sells BYD buses in the country, is setting up a greenfield manufacturing facility at a cost of around Rs 200 crore
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
India on Saturday extended $500 million (Rs 3,328 crore) Line of Credit to Vietnam for facilitating deeper defence cooperation with the south east Asian nation, as the two countries elevated their ties to a Comprehensive Strategic Partnership to respond to emerging regional challenges.
There is good news for Malaysian travellers, as the low-cost carrier AirAsia is giving away a million free seats to more than 70 destinations in China, India, Taiwan, Indonesia and Thailand.
It, however, does not manufacture devices on its own and rather does it through contract manufacturers.
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
The immediate need is to put more money in the hands of agriculture-based and rural households to improve their purchasing power, says S Mahendra Dev.
Irrespective of the global movement, gold prices in India are nearing the level of Rs 34,000 per 10 grams in the physical markets.
'Some Indians take the extreme view that everything was known to our ancients, but others go to the opposite extreme and consider everything Indian was superstition and rubbish.' 'Indian science was perhaps more rational than the European science of the time.'
Global railway companies have emerged the top contenders on technical parameters for the country's first railway station modernisation and operation project in New Delhi, the first of private-public partnership schemes.
The PM will pay a two-day visit to Japan from October 28-29 to hold the annual India-Japan summit with Abe. The focus of the visit will be to further expand cooperation in the Indo-Pacific region, carry out joint infrastructure projects in third countries and further boost ties key sectors like defence and trade.
The government has set up a high-level committee.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
Indian discus thrower Seema Punia has qualified for the Rio Olympic Games with a throw of 62.62 metres.
Besides, the government would also undertake and promote steps for water conservation and curbing extraction of underground water, which is depleting the water table and is a matter of concern, the minister said.
'Instead of fighting over whatever will be left of the present world, the permanent members of the UN security council should have raised a little finger to arrest the death and devastation around us,' notes Ambassador T P Sreenivasan.
