'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.
Perhaps the finance ministry or NITI Aayog could take a detailed look at what governments actually deliver and at what cost; how their services can be improved and expanded where necessary; how much money can be saved through doing things differently; and how many things the government does which it can safely leave to the private sector, argues T N Ninan.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
The National Investigation Agency (NIA) has arrested a most-wanted terrorist, carrying a reward of Rs 5 lakhs, from the Delhi airport three years after he was declared an absconder and the Interpol issued a red corner notice against him.
While Modi has spent fewer days abroad than his predecessor (270 days versus Dr Singh's 306), he has travelled more extensively and actively than any other Indian PM.
Kuruniyan ACL tear sparks row, Mohun Bagan 'refuse' to release players for Asian Games
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
The Indian Olympic Association went against the popular mood for football to give the little-known Pencak Silat a chance at the Asian Games.
Priyank Panchal smashed an unbeaten 99 off 69 balls as West Zone coasted to a comfortable nine-wicket victory
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
The CBI has registered a case related to the alleged diversion of fertilisers meant for farmers against Agrasen Gehlot, Rajasthan Chief Minister Ashok Gehlot's brother, and 14 others, and carried out searches at his Jodhpur home and 16 other locations in three states, officials said.
Equity benchmark indices Sensex and Nifty on Friday reversed their six-session losing streak and rebounded more than 1 per cent on value buying in auto, IT, financial and energy stocks. Better than expected quarterly financial results of corporates also boosted investor sentiments even as uncertainties persisted over the escalating tensions in the Middle East, according to analysts. In a largely range-bound trade, the 30-share BSE Sensex rose 634.65 points or 1.01 per cent to settle at 63,782.80 points.
Countries negotiating free trade agreements (FTAs) need to keep in mind eight "myths" which surround these pacts, like they lead to accelerated increase in exports and promote domestic manufacturing, according to a report by think-tank GTRI. The report by Global Trade Research Initiative (GTRI) claims to dispel these 'myths', including that FTAs weaken the WTO (World Trade Organisation), countries are rushing to do FTAs, and these pacts promote investment and lower prices. It is "erroneously" believed that most world trade happens through the FTA route, but in reality, it is less than 20 per cent, said the report titled 'FTAs: Fabulous, Futile, or Flawed?'.
Mahindra & Mahindra was the top laggard in the Sensex pack, sliding 2.05 per cent, followed by Bajaj Finance, Tata Steel, SBI, Asian Paints, Kotak Mahindra Bank and Titan. However, IT majors HCL Technologies and TCS defied the trend and gained 1.02 per cent and 0.47 per cent, respectively. FMCG firm Hindustan Unilever rose 0.32 per cent.
The club is believed to have offered the ace striker close to Rs two million.
Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.
'Sri Ayodhyaji will emerge as the greatest centre of cultural togetherness, universal harmony, vasudeva kutumbakam, compassion, and love for every single living being on this Earth.'
Prime Minister Manmohan Singh attended the 10th ASEAN-India summit in Phnom Penh on Monday with the aim of strengthening India's relations with countries in the South East Asian region.
Speaking against the backdrop of sharp differences among East Asian countries over use of resources of mineral-rich South China Sea over which China lays sole claim, the prime minister said, 'concerted effort and collective action on the part of the countries gathered in the region can strengthen mutual understanding and help us address shared challenges'
Foreign Direct Investment to Asia reached record heights in 2011, according to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2012.
Indian football's goal machine Sunil Chhetri struck a brace to help the country stunningly outplay Thailand 4-1 and record its first victory in the Asian Cup since 1964 on a historic night, in Abu Dhabi, on Sunday.
Security cooperation and enduring stability in Asia will be on Prime Minister Manmohan Singh's mind during his visit to the two friendly nations, reports Rediff.com's Vipin VIjayan, who is part of the media contingent accompanying the PM
Inspirational Indian football team captain Sunil Chhetri on Thursday attributed the country's SAFF Championships triumph to the fighting spirit of the team
Australia stunned the United Arab Emirates with two goals in the first 14 minutes to reach a second successive Asian Cup final, where they will meet South Korea.
Over a decade ago, PV Narasimha Rao had postulated a 'look east' policy for India. In view of the dynamism of the Asian economies in the early 1990s, it made sense to take advantage of the opportunities that these countries provided to expand Indian exports as also to diversify them away from excessive dependence on the US and Europe.
Pakistan and Israel will define the relationship between the Modi government and the Middle East. While the region is concerned that India-Pakistan relations may become prickly in the Modi regime, it is also worried that the BJP government will give greater weightage to its ties with Israel.
Jaishankar also spoke about how he expected a change in Russia's direction towards the rest of the world and it may likely want multiple options in Asia.
'He told senior journalists a few days after the Babri Masjid demolition, 'Jo hua theek hua. Maine isliye hone diya ki BJP ki rajniti hamesha ke liye khatam ho jaye.'
Competitive video gaming, dubbed esports, is appearing for the first time at a major multi-sport event.
On the sidelines of the India-ASEAN summit, Prime Minister Singh might also have bilateral meetings with some of the leaders.
Chhetri is currently the highest goal-scoring active Asian player with 64 strikes from 101 matches and third in the world after superstars Cristiano Ronaldo and Lionel Messi.
The Chinese research vessel returned to China a few days ago after being under constant watch of Indian Navy vessels, the sources said.
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.
It is the first-ever visit by a head of the Indian Army to South Korea.
A joint statement was issued by US Secretary of State Tony Blinken, Australian Foreign Minister Penny Wong, and Japanese Foreign Minister Hayashi Yoshimasa after their in-person meeting in Phnom Penh on the margins of the 55th ASEAN Foreign Ministers' Meeting.
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