According to the report, the competition deficit is more pronounced in three core areas -- innovation and entrepreneurship, mobilising talent, and product and service market efficiency.
The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.
Domestic equity gauges Sensex and Nifty extended their losing run for the third session in a row on Friday as participants remained cautious tracking other Asian markets amid geopolitical uncertainties in eastern Europe. After swinging about 700 points between gains and losses during the session, the BSE Sensex finally closed 59.04 points or 0.10 per cent lower at 57,832.97. On similar lines, the NSE Nifty edged lower by 28.30 points or 0.16 per cent to settle at 17,276.30.
Seven decades after Adolf Hitler sought to stop Jews from competing in the 1936 Olympics in Berlin, more than 2,500 Jewish competitors will take part in the 14th European Maccabi Games from Wednesday.
Bullish on Jaguar Land Rover, top industrialist Ratan Tata has hinted at Tatas manufacturing these marquee brands in India, Eastern Europe and the US.
Obama and Putin discussed the necessity of countering the Islamic State and the situation in Ukraine, the White House said.
Swiss cities top the list of the highest paying cities.
With numbers of aging population on the rise in Europe and a steady outflow of skilled workers from these countries to a more prosperous western Europe, India hopes to fill the gap with its young work force. So far the traditional choices for Indian professionals was North America and for workers it was Gulf countries.
In terms of working hours, Asian cities still lead the field with an average of 2,154 hours annually, followed by Africa with 2,138 hours, the Middle East with 2,023 hours and South America with 1,989 hours.
Eastern Europe and Africa have the most favourable housing conditions.
GetAhead reader Soma Biswas shares her visit to Montenegro, a beautiful Balkan country in south eastern Europe.
The apparel and engineering sectors have already witnessed the trend in the past one week. If this continues, it can have an impact on the overall export demand in the coming months, considering that Europe is the largest national export market for India.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
The malware, which is suspected to be stealing confidential and sensitive information since 2007, can be used to steal encrypted files, and also recover deleted files.
Payal Mohanka discovers the medieval magnificence of Prague.
The G20 declaration, which hit snags on the language to describe the Ukraine war, amounted to a 'coup' for host Prime Minister Narendra Modi though the final compromise statement reflected a stand far softer than those the United States and its Western allies have adopted on Russia, the world media said on Sunday.
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.
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
An unprecedented 17,000 flights were grounded as drifting volcanic ash cloud forced a no-fly-zone over almost the whole of Europe, shutting down major hubs including London, Paris and Frankfurt, and stranding millions of travellers. For the third day in succession, massive drifts of volcanic ash blanketed European airspace. The black plume forced country's to extend bans on most flights with Air Traffic Control in Britain, Germany, Denmark, Nordic countries, France.
Spain will try to become the first team to win three successive major international titles while Germany will hope to lift their first trophy since 1996 when Euro 2012 kicks off on Friday.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
The responsibility for peace in Ukraine now rests in the hands of the two principal belligerents, Russia and the US, and the prime victim of this great power rivalry, Ukraine, points out Nitin Desai.
Wipro has emerged as the leader followed by HCL , Patni, Infosys , Mahindra Satyam and MindTree in the rating of global R&D service providers across various countries like India, China, Russia and Eastern Europe, according to a study.
Global business process outsourcing in the financial services sector has the potential to reach a market size of $250 billion, with India playing a key role, says a study by global consulting and research firm Everest Group.
Worldwide spending on servers will grow 5 per cent year-on-year in 2004 to touch $53 billion helped by replacements, according to a report by tech research firm IDC.
The current instability in the world is a result of long term systemic and socio-politico problems, points out Colonel Anil A Athale (retd).
He said IT companies need to explore domestic market, too.
Hundreds of migrants, who continue to arrive in Europe as they flee the scenes of chaos and brutality of the Islamic State in the Middle East, have created sharp divisions among European Union member states which are increasingly finding it tough to control the massive influx.
The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.
The bullishness in the emerging markets is because of the continued high growth and market size of China and India. Although most survey respondents expressed caution about opportunities in emerging markets over the next two years, they said in the long run the outlook looked promising.
The policy of buying players cheap and selling them for a higher price a few years on is a business model that worked well for clubs like Atletico Madrid and FC Porto. With the transfer window open for the next few weeks, Rediff.com takes a look at clubs that made smart deals over the years.
India has been at the forefront of efforts at the UN to push for urgent long-pending reform of the Security Council, emphasising that it rightly deserves a place at the UN high table as a permanent member.
Indian info-tech companies that once specialized in basic work are now providing high-value tasks such as R&D and business transformation services.
US Secretary of State Hillary Clinton today said the new missile defence system for Eastern Europe would leave America and its allies stronger and charged the Republicans that their criticism of the new policy is not based on facts.
The increase in India's military spending was "mainly a result of growing personnel and operations costs" which made up almost 80 percent of the total military budget in 2023, the SIPRI report claimed.
FIFA gave its ultimate recognition to emerging markets on Thursday by awarding the 2018 and 2022 editions of the prestigious and lucrative World Cup soccer finals to Russia and Qatar, both new hosts.
'If you are invested in mid-cap and small-cap stocks, even if you are making losses right now, it is better to sell them now and sit on cash.'
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