Industrialist Anil Ambani has said his group's financial services arm Reliance Capital plans to globalise its operations in the next 3-5 years and expand its customer base 2.5 times to 50 million in this period.
While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.
NRI industrialist Lord Swraj Paul has asked the youth to seize the immense opportunities offered by globalisation that can benefit all nations.
An iPod music player designed in California, assembled in China and delivered at the doorstep of an Indian living in New Haven exemplifies succinctly the process of globalisation which began centuries ago, says a book.
India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.
Jay Shah will take over as the next chairman of the ICC in December after he emerged as the sole nominee for the high-profile job
Global media mogul Rupert Murdoch has warned that a victory for Democratic White House hopeful Barack Obama next week may be "a real setback for globalisation."
'The impact of CBDC on deposits and deposit insurance is largely unknown.'
India should plan its strategies on the assumption that the rightward swing will stay and the West will retreat into an economic fortress, says Nitin Desai.
Asking Indian entrepreneurs not to fear competition, Caparo Group Chairman Lord Swraj Paul said the country has a 'great place' in the globalisation provided it allowed the reforms process to move faster.
While 89 per cent of Indians and 91 per cent of Chinese support foreign trade, the figure is only 59 per cent in the world's largest economy, the US, the Pew Global Attitudes survey of more than 45,000 people in 47 countries has found. While in the two Asian giants the public support for foreign trade has remained almost same since 2002, in America it has seen a sharp decline since 2002, when 78 per cent believed it was having a positive impact.
The report said that only 29 per cent of the Indian youth have ever heard about globalisation while 66 per cent of them still consider alcohol as taboo. About 48 per cent said they have strong faith in the democratic values while 27 per cent were indifferent to these issues.
Developing countries' return to high growth will require them to resume the push into tradable goods and services.
Nevertheless, the idea of a global regime to regulate global capital is an outlandish thought
Jaishankar emphasised that the stability of the Middle East region was essential because about one crore Indian citizens live there and said, "a large part of our shipping passes through this region and also, oil comes from there."
'If the period between 1991 and 2014 was about laying the foundations and building the runway, the period from 2014 to 2024 has been about the aircraft taking off.'
U R Ananthamurthy on the importance of keeping alive our regional languages.
Gourav Vallabh joined the Bharatiya Janata Party on Thursday hours after he quit the Congress, saying he can neither raise anti-Sanatan slogans nor abuse "wealth creators" day in and day out and was joining the ruling party due to his support for Prime Minister Narendra Modi's agenda of "Viksit Bharat".
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Driven by the winds of globalisation, people are moving towards a global culture which is emerging as a threat to local cultural symbols and identities, even as social media, television and pop culture glamorise a particular way of life that the people are sadly "blindly aping", Chief Justice of India N V Ramana said on Friday.
'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
'Success is in the hands of the audience. I learn from what they like or dislike, and take the next step further.'
In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.
The solution to globalisation is decentralisation and the solution to multilateralism is reformed multilateralism, not a 1945-version of multilateralism, External Affairs Minister S Jaishankar has said.
Jaishankar said India should be confident enough to "leverage" the international system to create the "best possible outcome".
The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.
Chief Justice of India D Y Chandrachud on Friday said truth has become a "victim" in the age of false news and with the spread of social media, something which is said as a seed germinates into virtually a whole theory that can never be tested on the anvil of rational science.
Golconda, and later Hyderabad, is one of the few landlocked urban centres of this sub-continent that reached great heights of prosperity without a major river system or a port next to it.
His five-year rule saw the Babri Masjid demolition, the rise of the saffron forces and also the country being placed firmly on a new economic path, away from the Nehru years of public sector socialism.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
The BJP is the preferred choice because it offers what the Mughals and later British offered in their time: A stable polity and an environment in which business could function, explains T N Ninan.
Global funds, according to Christopher Wood, global head of equity strategy at Jefferies, are now beginning to pay more attention to India with the market now offering 30 companies with a market capitalisation over $25 billion.
