The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.
'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.
From the 30-share Sensex pack, Infosys, ICICI Bank, Kotak Mahindra Bank, Mahindra & Mahindra, State Bank of India, HCL Technologies, Axis Bank, NTPC and HDFC Bank were among the laggards. In contrast, Maruti, IndusInd Bank, Adani Ports, ITC and UltraTech Cement defied broader market trends and ended in positive territory.
Ahead of the 50th anniversary of the 1962-war, China on Friday said that it "wholeheartedly" wishes to solve the border dispute with India through negotiations and maintain a friendly relationship. "China develops in a peaceful way wholeheartedly, and hopes to maintain a friendly and cooperative relationship with India. China wishes to settle boundary issues through negotiations wholeheartedly," Chinese foreign ministry spokesman Hong Lei said.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
Dr Jaishankar is expected to discuss the dates for the fifth Quad leaders' summit in India later this year.
From the 30 Sensex firms, IndusInd Bank, Asian Paints, Hindustan Unilever, Tata Motors, Tata Steel, Titan, Reliance Industries and NTPC were among the major laggards. Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Infosys, HCL Technologies and State Bank of India were among the major gainers.
The Balochistan Liberation Army (BLA) has undergone a significant transformation, evolving from hit-and-run attacks to carrying out sophisticated operations with tactical precision. The group's tactics and targets have become increasingly audacious, targeting security forces, Chinese nationals, and innocent civilians. Experts attribute the BLA's evolution to various factors, including the leadership of Bashir Zeb, the group's growing intelligence network, and its exploitation of the grievances of the Baloch people. The BLA's actions are a cause for concern, as the group's sophisticated attacks pose a major challenge to security forces.
Daiki Hashimoto turned heartache into unimaginable joy as he overcame a fall from the pommel horse to power Japan to the gold medal.
Divith's journey to the top was a rollercoaster ride, showcasing resilience and tactical brilliance.
From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.
The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency. Forex traders said the Indian rupee depreciated as the US dollar rose to the highest levels in six months. Moreover, elevated crude oil prices also weighed on rupee.
NTPC was the biggest gainer on the Sensex chart, rising 2.44 per cent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra and Tata Steel. Bajaj Finance declined over 3 per cent. Hindustan Unilever, Bajaj Finserv, Adani Port and Asian Paints were the other laggards.
Benchmark indices Sensex and Nifty climbed to fresh all-time highs on Thursday driven by buying in auto shares amid a sharp rally in Asian markets. The BSE Sensex jumped 666.25 points or 0.78 per cent to settle at an all-time high of 85,836.12. During the day, it reached a record intra-day peak of 85,930.43, surging 760.56 points or 0.89 per cent.
The Chinese inference is that if the Chinese visa is embossed on an Indian passport, held by Indian citizens from Arunachal Pradesh, it may be tantamount to recognising Indian sovereignty over Arunachal Pradesh, states Rup Narayan Das.
'The policies announced by his administration are implemented faster.'
Jaishankar said India should be confident enough to "leverage" the international system to create the "best possible outcome".
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.
Newly-crowned World chess champion D Gukesh returned to Chennai on Monday to an enthusiastic reception his fans.
He claimed China has a policy of keeping "hot spots like Taiwan, South China Sea and Tawang burning" in order to divert attention to its own failings.
The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.
In underlining the role of border villages as custodians of India's frontiers, New Delhi is following China's example in Tibet.
You don't want to fight and do trade at the same time. Meanwhile, diplomacy is going on and sometimes solutions to difficult situations do not come in haste, Jaishankar asserted.
Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.
The second, fourth, fifth and sixth games had ended in draws.
Vantika Agrawal delivered when it mattered most as she defeated Grandmaster Irina Krush, helping India secure a 2-2 draw against United States.
India's young shooters added five more medals to their kitty, including two gold on Friday taking the tally to 21 medals to remain at the top of the standings -- 13 gold, two silver and six bronze.
Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
'It will bring the next wave of awareness and pursuit of excellence from people who want to take chess as a game or a competitive sport or even as a career.'
Manmohan Singh represented the finest aspects of India, asserts Aakar Patel.
The draw left both players on an identical tally of 6.5 points each, with just one game left in the 14-round classical time control format, still shy of 1 point in order to win the title.
From the Sensex pack, Adani Ports & Special Economic Zones, Mahindra & Mahindra, Reliance Industries, HDFC Bank, Larsen & Toubro, NTPC, State Bank of India, UltraTech Cement and Kotak Mahindra Bank were the major gainers. In contrast, Tata Steel, Titan, Bajaj Finserv, JSW Steel, Bajaj Finance, Hindustan Unilever, ITC, Tata Motors and Tata Consultancy Services were among the laggards.
R Praggnanandhaa squandered a winning position against Wesley So of America while World Championship challenger D Gukesh settled for a hard-fought draw
On a five-day rolling basis, FPI selling is the highest in 24 years.
Sutirtha Mukherjee and Ayhika Mukherjee shocked world champion Chinese pair Chen Meng and Yidi Wang to enter the women's doubles semifinals
Indian Grandmaster D Gukesh, 18, has claimed a historic victory over defending World Champion Ding Liren in the 14th game of the World Chess Championship in Singapore on Thursday.
'China doesn't want to settle the boundary dispute because that gives them a reason to pick a fight with India.'
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