Zika virus outbreak in Brazil does not pose enough of a threat to warrant cancelling or putting off the Olympic Games set to be held in Rio de Janeiro in August, a leading US health official said.
'Since each chief single-mindedly pursues his service's interests in the competition for turf and in core matters such as budget share. The CDS, therefore, must act as an "honest broker" whose decisions serve the broader national purpose, rather than narrow service interests,' says Ajai Shukla.
Economists have long argued that they shouldn't be expected to predict crises, such as the one that almost sank the global economy five years ago.
'Xi's emphasis on enhancing conventional military deterrence capabilities, joint operations and power projection are likely to increase friction points with India as with other nations,' points out China expert Srikanth Kondapalli.
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
Group still far from coordinating monetary/forex policy
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The regular membership of India and Pakistan, who are observers of the Shanghai Cooperation Organisation, has been approved and they will be inducted formally next year.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Substantial gains can still be made with good policies and initiatives.
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.
'Speaking this year from the ramparts of the Red Fort, he excelled himself in content, diction and delivery -- all extemporaneously flowing, replete with felicitous expressions and captivating word play. 'The only other Indian prime minister with whom he stands comparison is Jawaharlal Nehru who too shunned prepared speeches and established instant rapport with his audiences,' says B S Raghavan.
Armed forces and the police can only ensure that violence is kept under control but for any kind of lasting peace, politicians will have to find an answer to the perception that the Indian State is anti-Islam. Therein lies the biggest challenge to the Modi government, says Colonel Anil A Athale (retired).
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
India is the world's fourth-largest importer of natural gas, accounting for six per cent of the global market.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
Resolving the TBS challenge comprehensively would require 4 Rs: Recognition, recapitalisation, resolution and reform.
'There is need to invent another enemy.' 'If you can add Maoists to Muslims, the tukde-tukde thread will tie in nicely.' 'You might even have a 'nation in grave danger' story by the summer of 2019,' notes Shekhar Gupta.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Kasaesbeh was captured in December after his F-16 jet crashed in ISIS territory
The Padmavati controversy has come at an awakard time for Bollywood.
Tata's Vistara has a very strong core team to look into daily operations.
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
'Any conventional conflict could trigger a nuclear war with results that neither India nor Pakistan could survive easily.' >A revealing excerpt from Shuja Nawaz's The Battle For Pakistan: The Bitter US Friendship And A Tough Neighbourhood.
'Very few are lionised like Dhoni anywhere in the world, perhaps not even Messi,' says Dhruv Munjal.
Greek crisis is coming at a time when India is short of hard news on the domestic front.
India and the United States are working on efforts to improve cooperation on UN terrorist designations and expand the sharing of information on known or suspected terrorists "no matter where they may be located," says US Ambassador to India Richard Verma
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
'The government is sincerely working on employment generation. Unfortunately, they are depending on these people from Harvard. Their wrong policies are killing jobs. The government has to come out of the Western framework on which they depend upon a lot.'
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
'We could quibble with each other whether there were 25 terrorists killed or 250 killed.' 'The message is more that India undertook such an aerial attack and this attack has actually changed the paradigm.' 'The change in paradigm is that India has shown by the surgical strike in 2016 and the aerial strike of 2019 that we will not just sit back and tolerate terrorism which killed so many of our people.' 'We will hit back and by hitting back we will raise the costs of such activities.'
