Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
Young Indian boxer Krisha Verma won the gold in the women's 75kg category while five other signed off with silver medals at the inaugural U-19 World Championships organised by World Boxing in Colorado, USA.
In the first quarter-final of the day, Germany eked out a narrow 3-1 win over Spain via the shoot-out after both the teams were locked at 2-2 in regulation time. Later, Argentina beat the Netherlands 2-1.
P R Sreejesh emerged hero with a superb performance under the bar as the Indian men's hockey team beat Great Britain 4-2 in the shootout to enter the semi-finals.
Indian men's hockey team witnessed a disappointing start to its campaign at the six-nation Invitational tournament, losing 0-4 to Germany in their opening match in Valencia on Monday. In a first quarter blitz, Germany took the lead in the fifth minute via Mats Grambusch. Grambusch doubled Germany's lead minutes later before Moritz Furste scored a third in the 14th minute to take a 3-0 lead into the first break.
By proposing the addition of six permanent members this year, it may appear that it was a major concession, but in actual fact, it will make no difference to the privilege of the permanent five as the new six will have no veto, ever! points out Ambassador T P Sreenivasan.
India's biggest wrestling medal hope at the Paris Games, Antim Panghal ended her Olympic campaign with a humiliating 0-10 defeat to Turkey's Yetgil Zeynep in the women's 53 kg category
India's top-ranked tennis player Sumit Nagal officially qualified for the Paris Olympics and advanced to the pre-quarterfinals of the ATP 125 Perugia Challenger
The spokesperson said India has "always advocated constructive, solution-oriented, and practical engagement with all stakeholders to achieve a negotiated settlement to this conflict".
India is struggling with the second wave of coronavirus infection and hospitals in several states are reeling under a shortage of medical oxygen and beds in view of a rising number of COVID-19 cases.
India will play Germany on June 8 in their next match at the same venue.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
It aims at tackling issues such as child labour, mistreatment of workers, and denial of basic wages, among others. There will also be penalties for non-compliance.
Mandeep Singh scored a brilliant hat-trick as India pulled off a sensational come-from-behind 5-4 victory over Olympic champions Germany in a fiercely-contested 5th to 8th places classification match in the Hero Hockey World League Finals in Delhi on Friday.
Many German companies have invested in India and more are willing to come, but it should not be only one way, Deputy Consultant General of Germany, Horst Pfeifer said at a seminar in Kochi on 'Europe Via Munich' to explore the market and business opportunities for Indian companies in Bavaria. India is now a strong economic power and the bilateral trade between the two countries has doubled from euro 5 billion to euro10 billion, he said.
Rohan Bopanna and Sumit Nagal have secured their Paris Olympics 2024 quotas for India
'...We should first look at and acknowledge what we have done to ourselves.' 'To not do so opens us to the accusation of rank hypocrisy and also reduces the stature of our globetrotting peaceniks,' asserts Aakar Patel.
The dreary, cold months from December to February may prove to be the undoing of many a nation as they grapple with sky-high fuel prices - a result of the Ukraine conflict and the pandemic. Many - Europe, South Korea, Japan, and China - will still pull through on the strength of their wealth or because of strong storage infrastructure. But India will have its back to the wall. Signs of liquefied natural gas (LNG) rates hitting new records this winter are already evident.
Amiya Bose, freedom icon Subhas Bose's nephew, was tasked by his uncle to carry a secret letter seeking Soviet help in India's liberation, which was to be delivered to agents in Britain in October 1939, barely a month into the Second World War.
Viswanathan Anand was in Germany to play in the Bundesliga chess and before he could return, the travel restrictions came calling in wake of the pandemic.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
rediffGURU Sushil Sukhwani offers expert advice on about pursuing higher education abroad.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
The Indian defeated Kazakhstan's Atlyn Shagayeva 8-0 final to emerge the first Indian to win gold in the competition's 34-year long history.
'Companies like Tesla and others have been given a long rope in India.'
Rehan Butt, Pakistan's assistant coach believes that India and Pakistan should play more matches.
The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of levying TCS on all spending. The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS). This meant that any spending using credit cards overseas would attract a 20 per cent tax from July 1.
The March 2020 lockdown did not stop the spread of infection (as it triggered a huge reverse migration from cities), but it did help to flatten the curve and gave time to scale up health infrastructure.
'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'
Former World chess champion Viswanathan Anand finally returned to India on Saturday after being stuck in Germany for over three months due to the travel restrictions imposed in the wake of the coronavirus pandemic. The Chennai-based chess maestro arrived by an Air India flight from Frankfurt via Delhi and reached the Kempegowda International Airport in Bengaluru around 1.15 pm local time.
Macron's office said the President will travel to Delhi to participate in the G20 Summit on September 9 and 10 following which he will leave for Bangladesh for a bilateral visit.
A third suspect has been arrested in connection with the terror bombing of a gurdwara by suspected Islamist militants in Germany's western city of Essen.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
Sreeshankar was expected to at least qualify for the final round but form deserted him when it mattered the most on Wednesday.
Exporters are readying back-up routes to send their shipments to the nations belonging to the Commonwealth of Independent States (CIS), including Russia, as the war in Ukraine continues to intensify. Three routes are being explored. The first is the China route using Qingdao port. The second is the International North-South Transport Corridor (INSTC) route that connects Mumbai to Moscow via Iran and Azerbaijan.
We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.
India will battle it out against the likes of South Korea, Malaysia, Pakistan, Japan and China in the Asian Champions Trophy.
Analysts see steady long-term gains, say volatility to last for a short while.
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