Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
Prime Minister Dr Manmohan Singh on Tuesday left for Italy to attend the G-8 summit in L'Aquila.Before his departure, Dr Singh said he would project India's views on major global issues related to the world economic and financial crisis."During my visit, I will discuss several issues relating to the world economic and financial crisis and its impact on development, food and energy security, climate change, international trade negotiations and reform with G-8 leaders," he said
US Trade Representative's office in early February asked India for WTO consultations on its national solar program, the Jawaharal Nehru National Solar Mission.
Kakodkar took over as Chairman, AEC from Dr R Chidambaram in November 2000 and was the first chairman to get three extensions -- in 2003, 2005 and 2007 -- in the history of India's nuclear programme.
India and Italy inked 15 pacts and finalised an ambitious action plan to further expand their ties following a virtual summit between Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte that primarily focused on ramping up economic engagement.
Sonia called for cancelling all public gatherings and poll rallies in view of the rising number of coronavirus cases.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
If pandemic (mis)management threatened to dominate Goa's electoral discourse, the BJP is up against a deeper structural issue in its organisation, created by the fact that a majority of the legislature party and the ministerial council is made up of Congress defectors, disparagingly referred to by the Opposition as "imports". Radhika Ramaseshan reports.
The second such dialogue is aimed at discussing ways to enhance investments and business engagement between the two of the fastest growing economies, significantly at a time when the western world is in deep crisis.
'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.
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.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Launching the auction of mines for commercial mining, that is expected to garner Rs 33,000 crore of capital investment in the country over next five to seven years, Modi said it not only marks the beginning of unlocking of the country's coal sector from the "lockdown of decades", but aims at making India the largest exporter of coal.
Conservation of energy dominated Ghosh's thoughts ever since he completed his Masters in Energy Science and Technology from Jadavpur University early 2000.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
The world economy will consume in the next five years far less oil than previously assumed, the western countries' energy watchdog said on Friday in a further sign of the impact of the global economic crisis on commodities markets.
BCCI president Sourav Ganguly on Wednesday announced cancellation of the Asia Cup T20, scheduled to be held in September, due to the COVID-19 pandemic. Pakistan originally had the hosting rights of the six-team continental event but considering the alarming COVID-19 situation, the PCB board had decided to swap it with Sri Lanka.
The Johnson and Johnson vaccine, which works with one dose instead of two, got approval on Saturday, the third vaccine cleared in the country after emergency use authorisation (EUA) was given to two-dose shots from Pfizer and Moderna in December last year.
Mental health and life coach Anu Krishna tells you how to take control of your life.
The Sangli Civil Court has issued an order to the police officers at Sangli asking them to provide police protection to save the Suzlon Energy company's machinery, sub-stations, vehicles, employees and windmills.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Harris alleged that Trump lied to American people on the coronavirus pandemic.
But his opponents are making a mistake. They shouldn't be smug, argues Vir Sanghvi.
Looking to introduce your child to films that will cultivate their taste and broaden their horizon? Sukanya Verma offers a list of movies that is as entertaining as it is enriching.
This analysis is based on the quarterly earnings for 724 companies.
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
The new IIP series based on the new base year, is expected to lead to better capturing of ground data
Relationship problems? Let Love Guru help.
Union Home Minister Amit Shah spoke to Chief Minister Uddhav Thackeray through video conference and took stock of the state's preparedness to tackle any eventuality, the latter's office said. 10 units of the National Disaster Response Force (NDRF) have been deployed in vulnerable districts, while six others have been kept on a stand-by, officials said.
Foreign Direct Investment into India rose by 13 per cent in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies such as the UK, the US and Russia due to the Covid-19 pandemic, India and China "bucked the trend", the UN has said.
Meanwhile, investors pulled out a record $14.45 billion out of bond funds tracked by EPFR Global, as fears that US monetary policy will tighten in the second half of the year prompted more investors to head for the exits.
The Congress on Monday deferred the election to the post of party president till the COVID-19 situation improves and decided to set up a group to assess losses in the recent assembly polls, with party chief Sonia Gandhi saying it has to put its house in order by facing reality and drawing lessons from the 'serious setbacks'.
'Yet, in J&K even if you are not involved in active combat, you can come under enemy fire.' 'However young a soldier is, he is not immune to action.' 'He may face challenges during the course of discharging his military duties.'
Infrastructure and real estate prominently feature as wealth destroyers.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
'China is constantly probing India's weaknesses.' 'The challenge is to implement a strategy that will allow India to buy time, gather its strength, and eventually counter China,' recommends Harsh V Pant and Vinay Kaura.
Use your time to read relevant newspapers, watch business channels, listen to podcasts or watch TEDx talks on your favourite topics, suggests Shital Kakkar Mehta.
As and when the pandemic recedes from these shores, rebuilding the economy will be the biggest challenge for Modi in the remaining three years of his term, observes Virendra Kapoor.