India decisively withstood global headwinds in 2023 and is likely to remain as the world's fastest-growing major economy on the back of growing demand, moderate inflation, stable interest rate regime and robust foreign exchange reserves. Despite widespread pessimism witnessed among the developed nations and the worsening geopolitical situation, India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
Second seed Roger Federer powered to a 6-4, 6-3, 6-2 win over Roberto Bautista on Tuesday, charging into the quarter-finals of the US Open for the 10th time in 11 years.
The reasons for China's negative response are located in its territorial dispute with India but also to its grand designs of dominating the region from its previous position of being merely a "balancer" between India and Pakistan, points out Srikanth Kondapalli, Professor in Chinese Studies at JNU.
In the 57kg competition, much was expected from talented Anshu Malik but the 2021 world championship silver medallist struggled to score against Nanjo, the reigning U23 world champion.
China and Spain played out a 0-0 draw in their final World Cup Group B match on Monday and the result was good enough for both teams to advance to the last 16 after Germany beat South Africa 4-0 in the other game in the section.
Lakshya Sen will take on Kidambi Srikanth in an all-Indian second round clash.
Satwik and Chirag thus stood just one step away from their second Super 1000 title, having won the first one at the Indonesian Open in June last year.
Images from Day 8 of Wimbledon 2024 at The All England Lawn Tennis and Croquet Club in London on Monday.
Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.
Li Xueying won China's second weightlifting gold medal at the London Olympics on Monday as she dominated the women's 58-kilogram category.
Lewis Hamilton helped Mercedes reassert their authority over Ferrari by leading home team mate Nico Rosberg in a dominant display.
Cricket is bidding to join the programme at the 2028 Los Angeles Olympics and a decision is expected soon. Gaikwad said his players were enjoying their first major multi-sport Games as athletes and fans.
The huge gulf between the two sides was evident as India bettered its 86-year-old record when it defeated USA with a 24-1 margin in Olympics.
India beat Japan 4-0 to win women's Asian Champions Trophy hockey title
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
China's Wu Minxia will make her bid to become the most decorated female Olympic diver at the Rio de Janeiro Games.
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report which said the country's current fiscal year budget points to a shift towards demand-side stimulus, with an uptick in public investment. The report, 'Out of the frying pan ...Into the fire?' published Thursday as an update to the Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said the global economy is set to grow by 4.7 per cent this year, faster than the 4.3 per cent predicted in September 2020, thanks in part to a stronger recovery in the US, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending.
H S Prannoy signed off with a bronze -- India's first medal in men's singles at the Asian Games in 41 years,.
PV Sindhu produced another impressive show as she rallied to a three-game win over USA's Beiwen Zhang to advance to the women's singles quarterfinals
Olympic champion Mutaz Barshim of Qatar cleared 2.35 metres to win the men's high jump to earn a bit of redemption after his disappointing bronze in Budapest.
India's prices are rising faster than many of its emerging market peers. The country's inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent). However, even though the inflation rate remains within the Reserve Bank of India's medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil.
Swiatek is positioned to face American fourth seed Jessica Pegula in the semi-finals.
The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.
Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.
Hurkacz, Swiatek win as Poland march into United Cup final
Caroline Woznaicki produced an almost perfect display to dismantle world number one Simona Halep 6-0 6-2 at the WTA Finals on Wednesday, the Dane recording her second dominant victory in as many matches.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
The Dalai Lama will be in the north eastern state from April 4 to 13 and Union Minister of State for Home Kiren Rijiju.
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
Fresh from their Korea Open triumph, Satwiksairaj Rankireddy and Chirag Shetty will look to continue their dream run.
India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period, as per the National Statistical Office (NSO) data released on Thursday. India remains the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.
'A key reason for the strong interest in IPOs has been an increased focus on profitability and reasonable pricing of deals.'
The win ensured Srikanth's dominance over his younger countrymate as he took his head-to-head record to 3-0 over Lakshya.
Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.
Caster Semenya put aside the controversy over a planned rule change in athletics regarding hyperandrogenism to win the women's 1,500 metres
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
