After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in the global merchandise trade volume in 2022. Exporters believe that the outbound shipments would cross $400 billion mark in this fiscal going by the current momentum and may reach $475 billion in 2022-23.
Laal Kaptaan deserves a watch just for Saif's spunk, raves Prasanna D Zore.
IT company Wipro posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago. Wipro said that it has surpassed $10 billion (around Rs 75,300 crore) annualised revenue run rate.
Later, he joined Ericsson India where he handled corporate affairs and communication.
'...through the will of the people and commitment of leaders.' 'It may not happen today or tomorrow, but it will happen.'
"The most successful governments in Afghanistan tend to be those who have the biggest tents, which would include all communities and therefore leave all communities satisfied after a point and do not create massive resentments. Now, this is not a government which I would imagine would successfully govern Afghanistan," Dalrymple, the historian said.
As much as 8 billion rubles (about Rs 1,000 crore) of dividend income belonging to Indian oil firms is stuck in Russia after the Putin administration clamped down on dollar repatriation, officials said on Friday. Indian state oil firms have invested $5.46 billion in buying stakes in four different assets in Russia. These include a 49.9 per cent stake in Vankorneft oil and gas field and another 29.9 per cent in TAAS-Yuryakh Neftegazodobycha fields.
'The unfolding events indicate a dangerous internal security situation in Manipur and the region. It can have external ramifications also.'
Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amount of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI.
Situated at a height of 15,200 feet above sea level, the pass sits on the top of a craggily formed Himalayan range that separates the Tibetan plateau from the Indian sub-continent.
'Last year we sold 18 million phones in India, this year we should do 23-24 million, and next year our target is to hit 40 million.'
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
China is expected to unveil its investments in India during President Xi Jinping's visit to New Delhi, scheduled for the third week of this month.
State-owned CIL on Thursday said that it has floated its maiden tender to import 2.416 million tonnes of coal to ensure adequate supply of the fuel to power plants in the country. The development assumes significance in the wake of the government making all efforts to build up stock of coal to avoid the reoccurrence of power outages which happened in April on account of shortage of the fossil fuel. "In a first ever, Coal India Limited (CIL) on Wednesday floated an international competitive bidding e-tender, seeking bids for import of 2.416 million tonnes (MTs) of coal," the company said in a statement.
'People will say a lot of things -- ignore the noise.'
The entire gamut of China's activities is aimed at keeping India on tenterhooks, cause fatigue to its troops and keeping its security system unstable, so that it cannot play a meaningful role in international geopolitics as an effective partner of the US and Japan, observes Lieutenant General Syed Ata Hasnain (retd).
Joginder Tuteja looks at the upcoming films and their release dates.
Just like China wants Trump to lose the US presidential poll, it may want Modi to lose the Lok Sabha polls. So months before the 2024 elections, China may take possession of an important area, say one of the Char Dhams, warns Sanjeev Nayyar.
The hotel giant is looking at having an exclusive arrangement with Pune-based Mulshi Springs -- a company that bottles natural spring water. The brand will be called Oberoi Spring Water and a formal announcement is expected soon. The packaged spring water will be available in 200 ml, 500 ml, 1 litre and 1.5 litre pet bottles priced between Rs 50 and Rs 200 respectively. "Water will be sourced from a rain forest near the Sahara Amby Valley," added the official.
There is a section in the Muslim community in West Bengal that believes that the ruling TMC has not quite delivered on the promises it made.
'India's manufacturing will take 10-15 years to catch up with China.'
NRI businessman and Lulu group chairman M A Yusuff Ali, who had a miraculous escape on April 11 after his helicopter crash-landed on marshy land in Kochi, has undergone a spinal surgery at a hospital in Abu Dhabi, the company said.
When Indian Hotels Chairman Ratan Tata told shareholders at the annual general meeting earlier this week that the hotel chain, which operates the Taj group, continues to be impacted by the slowdown, he was merely echoing what P R S Oberoi, his counterpart at the East India Hotels (EIH), had said recently.
If the Congress recovers some of its earlier influence among the Dalits, the BJP will be in a quandary since the Dalits were among the party's latest acquisitions. To lose them will be a disaster for the saffron camp not only in UP, but all over India, observes Amulya Ganguli.
Nearly half of the investments by various US-based investors have been made in Reliance subsidiary Jio.
The protesters blocked roads in several areas of Mumbai, forced shops to shut down.
In conversation with Deepsekhar Choudhury and Neha Alawadhi, Sharma speaks about his journey and the road ahead.
The promoters of East India Hotels Ltd, owners of the Oberoi brand and the largest hotel chain after the Tata-owned Indian Hotels and ITC Welcome Group, are in advanced discussions with leading corporate houses and private equity firms to divest a strategic stake, possibly 26 per cent.
South Africa returned to overhaul the 192 target with 10 balls to spare, riding on Jonathan Bird's 121-ball 88.
Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993.
Adani Airports is planning to centre its airport business around Mumbai and Ahmedabad by developing them as gateway airports, feeding them with traffic from other airports in the company's portfolio. The Ahmedabad-based conglomerate - with investments in logistics, transportation, utilities and energy - intends to spend Rs 35,000 crore in the airport business in the next five years. This forms the bulk of the conglomerate's total capex of Rs 50,000 crore. According to a presentation given by the company in an investor call with Bank of America, gateway airports of Mumbai and Ahmedabad will be connected with the feeder airports of Lucknow, Guwahati, Trivandrum, Jaipur and Mangalore.
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
Orissa is truly shining. Its new found status as an investment destination has seen a significant increase in the customer base for various luxury products.
'There is a lot of money coming into the business, people are consuming a lot of content, there is no dearth of new films and shows coming out of India and being available worldwide.'
The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
'The focus is on to cultivate a culture of respect.'
