The death toll climbed to 2,592 with 150 new fatalities while the total number of confirmed cases increased to over 77,000, health officials said on Monday.
The years of sacrifice and hard work is finally paying dividends. The iconic Vellamal School, which is the alma mater of World champion Gukesh, now has another international player of repute to boast about. After all, Aravindh is Gukesh's senior.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06.
How does blatantly claiming Indian territory help to maintain 'peace in border regions', is a mystery that only China can explain, notes Claude Arpi.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.
'Expect FPIs to continue selling for several months until the rupee stabilises.'
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
China will carry out major scientific research to enhance its biosecurity science and technological capacity against future infectious diseases, state-run Global Times quoted Xiang as saying.
The over 3,800-km-long Brahmaputra, one of the longest rivers in the world passes through China, India and Bangladesh and has several tributaries and sub-tributaries.
'India's move has grossly violated China's territorial sovereignty, seriously violated relevant agreements, protocols and important consensus reached between the two countries'
China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.
The Taiwanese foreign minister said the time has come for all democratic countries to find ways to deal with China's expansionist agenda and its military muscle flexing, especially in the maritime domain.
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
Xi said that China's extraordinary efforts have helped it prevail over unprecedented difficulties.
After recording the highest COVID-19 cases in Jilin, the authorities there have barred residents from leaving the province and travelling between cities within it.
It is a landmark in China's over two-month-long fight against the deadly virus as the country continued to report coronavirus deaths till Sunday, especially from the epicentre Hubei province.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
The India-US strategic partnership is characterised by mutual trust and both sides are increasingly in agreement on key issues, such as countering China's aggression, promoting a free and open Indo-Pacific and addressing regional security challenges, Defence Minister Rajnath Singh said on Friday.
'Both international cooperation and self-reliance will now acquire new purpose.'
China on Friday concurred with External Affairs Minister S Jaishankar's observation that an Asian Century cannot happen if India and China don't join hands and emphasised that the two neighbouring countries have 'far more common interests than differences'.
Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.
Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth Rs 4,697 crore. This marked the second instance in the current calendar year where foreign portfolio investors (FPIs) were net sellers in a month.
Among the Sensex firms, ICICI Bank and SBI led the index with the maximum gains of 4.68 per cent and 3.99 per cent, respectively. Other major gainers were Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank. On the other hand, Wipro and Tata Motors defied the trend and traded in negative.
China on Thursday blocked another bid by the United States, France and the United Kingdom to list Pakistan-based Jaish-e-Mohammed chief and Pathankot terror attack mastermind Masood Azhar as a global terrorist by the United Nations, saying it has rejected the move as "there is no consensus".
The reopening of China has led to an ongoing readjustment of the global metals and commodities markets. China has a massive production capacity surplus to its own domestic demand. At the same time, it also has high domestic demand. China is also becoming carbon sensitive.
Four cities in neighbouring Pakistan and one in China are among the world's top 20 polluted cities.
"We have seen reports about this outlet's ties to the People's Republic of China, but we can't comment yet on the veracity of those claims," State Department Spokesperson Vedant Patel told reporters at a news conference in Washington, DC on Tuesday.
India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.
The stock of India's largest listed pure play retail major Trent was down 14.76 per cent at close on Monday after a fall in revenue growth for the March quarter of 2024-25 (Q4FY25). The sales growth trajectory has been in a declining trend over the last few quarters, which, coupled with falling operational metrics, higher competitive intensity, and expensive valuations, has seen the stock crack about 44 per cent since its 52-week highs in October last year.
'There's no pro-China tilt in BRICS.' 'All these countries want to be close to China, but they are all good friends of India also.'
Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
India's steel market is out of step with global trends. Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down global steel prices. India's domestic demand for steel is strong, given the continuing infrastructure push and is likely to accelerate as urbanisation improves, and the auto sector continues to grow alongside the infrastructure push.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
'Geopolitics will be the most important driver of financial markets in 2025.'
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.
