A key aide to Bangladesh's interim government has urged India to unequivocally recognize the July-August uprising that toppled Prime Minister Sheikh Hasina's regime, arguing that this is crucial for rebuilding bilateral ties. Mahfuj Alam, considered a de facto minister in the interim government, criticized India's portrayal of the uprising as militant, anti-Hindu, and an Islamist takeover, and called for a change in approach to understand the "new Bangladesh realities." He stated that bypassing the uprising would be detrimental to relations between the two countries. Alam, whose organization spearheaded the protests against Hasina's government, emphasized the democratic nature of the struggle, which he said was about a "generational and responsible struggle." His statement comes amid strained relations between Dhaka and Delhi, with India expressing concerns over the safety of Bangladesh's Hindu community.
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
While Jamaat cannot take part in the elections due to the ban imposed on it by the Union home ministry, it had shown interest in participating in the polls during the Lok Sabha elections if the ban were removed.
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.
Dharma Guardian 2025 will primarily focus on urban warfare tactics and counter-terrorism operations and underscores the growing strategic partnership between India and Japan.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Finance Minister Nirmala Sitharaman on Saturday reviewed the performance of public sector banks (PSBs) on various financial health parameters and their resilience in the wake of the current global financial scenario emanating from the failure of some international banks in the US and Europe.
The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
'Reduce your equity allocation, put that allocation into gold and fixed income.'
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
External Affairs Minister S Jaishankar has said that India was committed to respond to any act of terrorism perpetrated from across the borders, and asserted that since terrorists do not play by rules, there cannot be any rules in the country's answer to them.
President Pranab Mukherjee Friday stressed on the need for constant risk analysis in the light of continuous decline in security scenario globally so that the country's security establishment is prepared with dynamic responses to any threat.
'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
The England and Wales Cricket Board (ECB)'s financial projections on the prof itability of its pet project 'The Hundred' is largely "disconnected from reality" reckoned Lalit Modi, who conceptualised the vastly successful Indian Premier League (IPL) in 2008.
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
This was the first such high-level meeting, chaired by Shah and attended by the top brass of the country's security and intelligence apparatus, in the new year.
The Chinese central bank on Monday warned the country could face huge uncertainties in the wake of slow world recovery process and the unstable economic and financial situation in Europe.
Defence Minister Rajnath Singh on Friday praised the Indian Army as one of the most trusted and inspiring organisations in the country, highlighting its significant role in safeguarding borders, combating terrorism and assisting civil administration in times of need.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Athletes and climate experts have expressed concerns that extreme heat could lead to severe health issues, including the risk of sportspeople collapsing or, in the worst-case scenarios, dying during the events.
'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'
Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said. Global average temperatures are on a rise, with accompanying increase in extreme weather events (EWE), and the economic and social impact of global warming is becoming increasingly evident, said RBI's Monetary Policy Report - April 2024. The report said that climate change has increased the frequency and ferocity of weather shocks, posing challenges for monetary policy.
The ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. "Domestically, the next batch of Q4 earnings reports will drive stock-specific movements, Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors and Tata Motors are some of the big names in the list and the next phase of voting," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.
Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.
'Leave aside the negative fallouts of phraseology like 'urban Naxals' and 'terrorists', both the BJP and the Congress have to re-discover themselves in the context of the 2024 election results, including those of the upcoming ones for Maharashtra and Jharkhand,' observes N Sathiya Moorthy.
'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China remains at number one position, the consultant said in its 2021 Global Manufacturing Risk Index, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC). "India takes the second spot after China as the most sought-after manufacturing destination globally," Cushman and Wakefield said in a statement. The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland. In last year's report, the US was at second position while India ranked third.
The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.
Singh, accompanied by Army Chief Gen Manoj Pande, also carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh and lauded the troops for guarding the border with "unwavering commitment and unparalleled courage."
The magnitude of the economic losses will depend on how the outbreak evolves, which remains highly uncertain.
Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.
Prime Minister Narendra Modi on Sunday chaired a high-level meeting to review India's security preparedness and the prevailing global scenario in the context of the ongoing conflict in Ukraine, government sources said.
A special show at the FDCI x Lakme Fashion Week highlighted the processes and techniques that make fashion sustainable.
Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.