Asserting that while trade between India and Norway has been expanding but there is significant potential waiting to be realised, he said, "The new government is taking a number of measures to encourage investments, revive the manufacturing sector in India, promote skill development, develop smart cities and engage closely with all interested partners and investors in India and abroad to make this happen".
Investors turn their attention to export-driven sectors.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
'The past year has yielded extraordinary results in the strategic, commercial, and people-to-people components of the India-United States partnership, US Ambassador to India Richard Rahul Verma tells Aziz Haniffa/Rediff.com in an exclusive interview.
He said the Fourth Industrial Revolution will have more importance than the capital.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
The Indo-US defence relationship may now get personal attention with strong India-backer Ashton Carter today being nominated by President Barack Obama for the key post of the defence secretary.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Experts hail Obama's India trip as a big step towards signing of imp trade agreements.
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
The elephant in the room will permeate the conversations, predicts Rup Narayan Das.
According to HSBC, the volatility in Indian markets since May can be attributed to the initial talk about tapering of bond purchase by the US Federal Reserve but the catalyst for recent volatility in Indian equities was when policymakers decided to tighten liquidity to stem capital outflows.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
This has steered a rally in global equities and dollar Index also ticked higher, trading near its four year high.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Barclays, the global brokerage firm, also stated that the election verdict could lead to a weakness in the stock market.
Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
The prime minister said that India has invited Germany to take advantage of opportunities in defence production in the defence corridors in Uttar Pradesh and Tamil Nadu.
'Chinese companies have acquired stakes in 13 ports in Europe, including in Greece, Spain and, most recently, Belgium.' 'Those ports handle about 10 percent of Europe's shipping container capacity,' points out Ambassador M K Bhadrakumar.
'Today, if the international community is seeking space, if not place, here, then the message is not unclear in any which way. 'It does not reflect well on the nation's standing in the international arena, where human rights issues go a long way in building bilateral relations and benefiting from international cooperation, more than any aspect of politics and diplomacy,' N Sathiya Moorthy.
Hindu and Sikh leaders will share stage with Pope Francis during a prayer service in New York
Boeing expects the IAF to soon place an inquiry for twin-engine fighter jets to bridge a 200-aircraft gap in its armoury. And the Super Hornet is ready to fly in.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
An article said Modi's decision to provide e-visas for Chinese nationals is inadequate and it should be extended to business and work visas.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
Indian companies typically have higher return on equity.
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
