A jam-packed United Center fell silent for eight seconds before Sunday's 69th NBA All-Star game as some 21,000 fans joined hands to pay their respects to the late Kobe Bryant, the global sports icon who dominated professional basketball for two decades. The silence was broken by a string of thunderous "Kobe, Kobe, Kobe," chants that rocked the stadium as they honored Bryant, who wore the No. 8 and No. 24 during his 20-year career with the Los Angeles Lakers that was highlighted by five National Basketball Association championships.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
Indian coffee shops market over the next four-five years will grow between 6 and 18 per cent CAGR, all due to the growing coffee culture among the youth, increasing urbanisation, rising disposable income levels and changing eating and drinking preferences, says Atanu Biswas.
Prime Minister Manmohan Singh on Sunday said he expected India's economy to grow by a healthy 7 to 7.5 per cent in 2009, despite the global financial crisis eroding output across sectors."Due to the current financial crisis, growth rate may come down somewhat next year, but I am still confident that we will be able to achieve a rate of between 7-7.5 per cent," he said while addressing the Indian community in Oman.
The success of IT highlights the importance of opening up and integrating our economy with the world economy.
Eight states and Union Territories have Muslim share of population in excess of national average of 13 per cent. Mayank Mishra report
Modi said he looked forward to the opportunity to have an in-depth exchange of views.
India on Thursday pitched for unleashing the "collective strength" of the South Asian Association for Regional Cooperation as External Affairs Minister Sushma Swaraj underlined the need for a South Asian Economic Union with greater connectivity and forward movement on pending agreements on rail and motor vehicles.
Indian Ambassador to United States S Jaishankar listened to the concerns raised by Indian Americans during his first visit West Coast. He also visited leading corporations like Boeing, Microsoft, Amazon, and Starbucks during his trip. Ritu Jha reports.
'I bow to the 125 crore citizens of this great nation and promise to stay true to the trust they have bestowed on me.'
With longer work hours and a work from home set-up during the COVID-19 pandemic, women bore the maximum brunt by performing a dual role as a working professional as well as a caregiver.
Facebook said its daily active users were 1.04 billion on an average for December 2015, an increase of 17 per cent year on year.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
'Silicon Valley is the best model for driving growth and innovation. Meeting the right people who care about India is a fantastic step. India today stands out as the large potential global economy for growth.'
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Remittances to the developing world are expected to reach $440bn in 2015.
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.
Pinarayi is exploring the potentials of 'socialism with Indian characteristics'. The next five years under Pinarayi's watch will be a transformative period for Kerala's development, observes M K Bhadrakumar.
The experts agreed that the lockdown has helped in slowing down spread of the virus but insisted that the situation has not reached a plateau and that there was an urgent need to upgrade healthcare facilities to deal with the crisis.
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
There has been no reboot of the private investment cycle.
The deal would allow Japan to export nuclear technology to India.
The Parsi community runs India's respected corporate houses like the Tata, Wadia and Godrej groups.
It was Obama's eighth and final address to the UN General Assembly as the US President
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
Sitharaman, who is in Russia on a three-day visit, also met her Chinese counterpart Wei Fenghe on the sidelines of the international security conference.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
Firm to prune domestic costs through initiatives such as voluntary separation
Coral reefs protect coastal areas from flooding and high waves, function as fish nurseries, provide subsistence food, and of course, draw in tourists
China, at 28, remains by far the most competitive of this group.
Here's what the Canadian PM said at IIM-Ahmedabad...
'The world wants India to succeed. It also worries now that India over-promises and under-delivers,' says Shekhar Gupta.
'We have to stop thinking about GDP and look at the impact on output and unemployment.' 'And that is not going to be insignificant.'
The growth story of India depends on its achievements in the S&T sector. There is a need to revolutionise the landscape of Indian science and technology and this is only possible if the scientific community is allowed to work 'professionally and scientifically' without burdening them with the baggage of the past, says Ajey Lele.
"In terms of local taxes, in terms of local small business productivity, local large business competitiveness, their educational outcomes, their entrepreneurial work, that's what matters," the Microsoft CEO said.
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