India has been probing hundreds of black money cases.
The meeting with Xi is being held amid the ongoing trade war between the United States and China.
Britain said it had imposed asset freezes on Chelsea soccer club owner Roman Abramovich
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
Former Union minister Suresh Prabhu would be India's Sherpa at the 14th meeting of the world's top economies in Osaka, Japan.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
Hopes that better-than-forecasted monsoon may help the RBI cut rates sooner than expected, too triggered buying activity.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Greeks are split on whether to accept an offer by creditors that Prime Minister Alexis Tsipras calls a "humiliation"
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
'How do you deliver wealth when you don't have the slightest idea about it?' asks T C A Srinivasa Raghavan.
Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.
The declaration also names Pak-based terror groups like LeT and JeM.
The euro skidded to a 6-week low of 133.700 yen in the early session.
Money permits patronage. Money means power. No wonder details of the crores locked up in NPAs and never repaid loans are top secret, Sunanda K Datta-Ray.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
'A rag-tag coalition is more insecure and hence, more inclined to reform,' argues Devangshu Datta.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
Hopes of revival and earnings growth in 2020, surprise tax cuts, and robust foreign flows - thanks to easy global monetary policies - are a few reasons why the markets have managed to digest the low GDP footprint. Select bluechips such as Reliance Industries, Bajaj Finance, Asian Paints, and ICICI Bank have gained sharply this year. On the other hand, YES Bank, Zee Entertainment, and Indiabulls Housing have seen a sharp fall.
India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter
Noting that India continued to be the second fastest growing economy in the world after China, Finance Minister P Chidambaram on Saturday said people should not be worried about the current slow down and expressed hope of achieving six per cent growth this fiscal.
'The introduction of a tax on LTCG will be a deterrent for foreign investors and could potentially result in a movement of trading activity away from India to other offshore jurisdictions such as Singapore, which offer better tax rates and sophisticated financial products.'
The next round of bad news could come from Europe, where banks in a number of economies such as Italy, Portugal and Greece are sitting on mountains of bad loans.
Germany's political establishment rushed to defend a deal with Greece on Monday to negotiate a third bailout, with Chancellor Angela Merkel's lieutenants selling the agreement as a victory for Europe that her conservatives can support.
Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.
Sterling was last at $1.4450, having carved out a massive range of $1.4000 to $1.5022.
Silver, platinum and palladium all declined.
Euro zone policymakers have openly spoken out in favour of a 'yes' vote
A dossier will be given to the FATF, an international terror financing watchdog.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
The government is looking into the complaints about the procedure to determine the winner of the multi-billion dollar combat aircraft deal, Defence Minister A K Antony said on Thursday while admitting that there was no money to sign such a big deal in this fiscal.
Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
Athens has pushed two reform packages through parliament
We are all 'Chasing the Monsoon', notes Ajit Balakishnan.
The legislation passed with 230 votes in the 300-seat chamber.
The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.
Financial shares were among the top gainers with HDFC leading the gains.
JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances