Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
Chinese fashion e-commerce platform Shein is expected to make a second entry into India and has tied up with Reliance Retail for this, according to a source in the know. The source said as part of the tie-up, Shein would source goods from India for its global operations. Also, the manufacturing of its products could happen in the country and they could be exported.
The three main political parties in Pakistan on Sunday intensified their efforts for the formation of a coalition government after it became clear that the coup-prone country faced a hung Parliament after general elections marred by allegations of rigging.
Foreign portfolio investors' (FPIs') net investment in the domestic debt market in October was the third highest during the current calendar year as foreign investors rushed to lock in higher returns amid global uncertainty and geo-political tensions, market participants said. FPI inflows in debt stood at Rs 6, 322 crore in October against Rs 768 crore in September, according to data on the National Securities Depository Limited (NSDL). Market participants said that the majority of the inflows were channelled through corporate bonds.
Navy chief Admiral R Hari Kumar on Monday flagged concerns over growing geo-political power play in the Indo-Pacific, and noted that the US-China rivalry in the region is likely to be a "marathon".
Miandad's fresh attack came after Pakistan were forced to host the upcoming Asia Cup in a hybrid model with India playing all their matches in Sri Lanka.
'Life had its own plans and now I have learnt to go with the flow.'
It was a combination of Prime Minister Narendra Modi's 'guarantee and magic', the sources said while referring to total unanimity among member nations on the entire New Delhi G20 leaders' declaration.
The soft landing of the spacecraft is planned for late August. The mission is expected to be supportive to future interplanetary missions.
Garcetti suggested that the two countries are working on certain agreements to bolster defence cooperation and they are likely to be firmed up when Modi visits the US or President Joe Biden comes to India in September for the G20 summit.
The launch of Polar Satellite Launch Vehicle (PSLV-C52) is scheduled at 05:59 hours on Monday from the First Launch Pad of Satish Dhawan Space Centre, Sriharikota, the Bengaluru-headquartered space agency said.
'Our viewers have grown up over the years.' 'Today, they want to see something which is sensible, a story rooted in logic rather than jingoism.'
'In the next one-and-a-half, two months you'll get decent amount of opportunities in the mid-cap and small-cap sector at lower levels.'
The NSE Nifty, which again went past the 9,900-mark to touch a high of 9,903.95 intra-day, finally settled 103.15 points, or 1.05 per cent higher at 9,897.30.
Abbas had contracted COVID-19 while travelling from Dubai to London.
A key feature of the new version is to identify the people transacting on its portal by linking each user ID with the person's permanent account number (PAN), followed by a two-factor authentication through mobiles and email IDs. Those who cannot complete the KYC requirements cannot use the portal.
The approval of the Asia Cup's schedule also meant that Pakistan would travel to India for the ODI World Cup in October-November. The arch-rivals are expected to face off at the world's largest cricket stadium in Ahmedabad on October 15.
Vidit Gujrathi crashed through the defences of Hans Moke Niemann of the United States to join the leaders' pack on 4.5 points.
Ramiz's sacking comes after Babar Azam's team lost the home series against England 3-0, which hit Pakistan's chances of reaching next year's ICC World Test Championship final.
The interim government in Pakistan's Punjab province on Wednesday claimed that some '30 to 40' terrorists are hiding at the Lahore residence of former prime minister Imran Khan, giving him an ultimatum of 24 hours to hand them over or face stern action.
Pakistan's former military ruler General Pervez Musharraf's body will be laid to rest in Karachi, and will be brought back to the country on a special flight that will leave for Dubai on Monday, media reports said.
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
'The assessment of most people is that there is a stable economic and political environment in India and that is attractive to investors.'
A division bench comprising Justice Miangul Hassan Aurangzeb and Justice Saman Rafat Imtiaz heard the Al Qadir trust corruption case, a day after the Supreme Court termed Khan's arrest from the IHC premises on Tuesday as 'invalid and unlawful'.
India appears poised to sustain its growth in a more durable way than before with the economy carrying the momentum from FY23 into the current fiscal year, the Annual Economic Review for 2022-23 released by the finance ministry on Thursday said. However, the report cautioned that escalation of geopolitical stress, enhanced volatility in global financial systems, sharp price correction in global stock markets, a high magnitude of El-Nino impact, and modest trade activity and FDI inflows, are factors that could constrain the pace of growth. "Should these developments deepen and dampen growth in the subsequent quarters, the external sector may challenge India's growth outlook for FY24," the finance ministry said.
We present some of the amazing photographs that are in line for the prestigious National Geographic photo contest award.
The first on the list is Hussain Shaheed Suhrawardy, a Bengali politician from then East Pakistan who served as the fifth prime minister. He was arrested in January 1962 and put in jail on bogus charges of "anti-state activities". His actual crime was his refusal to support military ruler General Ayub Khan.
The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5 per cent.
Khan was arrested on Tuesday in the case, sparking massive country-wide protests by his supporters.
India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period, as per the National Statistical Office (NSO) data released on Thursday. India remains the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.
A bench of Chief Justice Satish Chandra Sharma and Justice Sachin Datta issued notice to National Commission for Protection of Child Rights (NCOCR) and granted it four weeks to file a counter-affidavit in response to the petition.
Reham Khan has tied the knot with a US-based satirist Mirza Bilal.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
Shah Mahmood Qureshi, former foreign minister and vice-chairman of Imran Khan's Pakistan Tehreek-e-Insaf party was arrested again on Tuesday, moments after being released from a prison in Rawalpindi on the orders of a top court.
Vader is the first electric bike in India to offer 7-inch Android display.
Manchester United Superstar Cristiano Ronaldo presented girlfriend Georgina Rodriguez an epic birthday gift -- a laser show featuring her on the tallest building in the world, the Burj Khalifa in Dubai.
The police personnel removed barricades from the entrance of the Pakistan Tehreek-e-Insaf (PTI) party chief's residence and removed all camps the PTI activists had erected to protect their leader.
Her personality shines through her wardrobe. As it should.
According to the Ministry of Energy, the system of frequency of the national grid went down at 7:34 am local time, resulting in the breakdown.
A video shared by Qureshi's Pakistan Tehreek-e-Insaf (PTI) party on Twitter shows plain-clothed men taking him away, with him waving at party workers before departing from the location where he was detained.
