Global rating agency Moody's on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may be seen under two scenarios: first, revised base line and second being downside economic scenarios incorporating a global recession and a more severe liquidity squeeze, it said. The military conflict between Russia and Ukraine is impacting companies in Asia Pacific, adding to existing challenges from supply chain disruption and the coronavirus pandemic.
Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. NSE Nifty slumped 91.60 points to 14,850.75.
Rio Olympic silver medallist P V Sindhu jumped two places to achieve her career-best ranking of seven, while Saina Nehwal was also back in the top 10, in the latest BWF World Ranking.
China's Foreign Minister Qin Gang has not been seen in public since June 25. Is he unwell, or has he been purged?
All music on the iTunes Store comes in iTunes PlusR, Apple's DRM-free format with high-quality 256 kbps AAC encoding for audio virtually indistinguishable from the original recordings.
The Tibet-bound plane was carrying 113 passengers and nine crew members, state-run Xinhua news agency reported.
Countries like India, China and the US, which pursued aggressive reforms, have improved their global trade logistics performance despite the slowdown in progress in the sector over the last two years amid the global recession, the World Bank has said.
Air India, IndiGo, and SpiceJet have suspended flights to China and Hong Kong.
Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve to tackle high inflation, and sluggish global trends. In less than an hour of the start of trading on Wednesday, the key indices -- Sensex and Nifty -- were deep in the red and witnessed significant volatility, reflecting jittery investor sentiments. The market capitalisation of BSE-listed companies, which is also an indicator of wealth of investors, tumbled more than Rs 2.21 lakh crore to Rs 2,84,49,727.56 crore amid the 30-share Sensex falling 564.76 points to 60,006.32 points.
Both went down tamely in the first round of the Malaysian Open badminton championships.
'Macaulay would be less dismissive of India if his Sanskrit dictionary had not fallen off the boat.' A fascinating interview with historian Piers Brendon, author of the provocative The Decline and Fall of the British Empire, 1781-1997.
The Tokyo Olympics produced many, many, many emotional moments for the athletes and their coaches...
Summary of sports events and persons who made news on Tuesday
China's post COVID-19 pandemic economic rebound showed signs of slowdown as the economy grew at 7.9 per cent in the second quarter compared to a record 18.3 per cent in Q1, while the GDP expanded 12.7 per cent year on year in the first half amid the continued global spread of the coronavirus and unbalanced domestic recovery. In the second quarter, the GDP of the second largest economy in the world grew 7.9 per cent year on year, the data released by the National Bureau of Statistics, (NBS) on Thursday showed. On a quarterly basis, the economy expanded 1.3 per cent in Q2.
The much-anticipated public offering of China Zhongwang Holdings, one of Asia's largest extruded-aluminum product makers, is expected to take place on May 8. It will be the world's largest of 2009 and could transform its chairman into China's richest person.
While the US-Iran conflict leading to a spike in global oil prices and trade war between the US and the EU topped the chart with 25 per cent, other major risks to the global economy include coronavirus, debt burdens causing a recess across emerging markets and Hong Kong protests causing an exodus from Asia's biggest financial centre.
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.
IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, HUL, Asian Paints, Titan and SBI.
P V Sindhu sought the help of the legendary Prakash Padukone and trained at his academy in Bengaluru last week.
Chinese officials say imported cases are on the rise as hundreds of people are returning to the country from various COVID-19 hotspots abroad, even though the deadly virus has been contained in epicentres of Hubei province and its capital Wuhan.
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Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.
Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.
The injured children were all sent to hospitals for treatment. There was no immediate word on their condition.
The number of Indian companies was second only to the 65 firms from both China and Hong Kong that found a place in the list.
Following is India's schedule at the Asian Games on Tuesday, October 3.
'Only when China treats India as an equal can we consider them real friends.'
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
The Deputy Secretary-General of the China National Narcotics Control Commission, Yang Fengrui, told reporters \n\nthat the case was a good example for international cooperation in cracking down on cross-border drugs trade.
Asian Paints dropped the most by 1.33 per cent. IndusInd bank fell 1.2 per cent, Axis Bank by 1.19 per cent, SBI by 1.12 per cent, Bajaj Finance by 1.07 per cent, Nestle by 1.04 per cent, and TCS by 0.97 per cent. Hindustan Unilever, Reliance Industries, Power Grid and Kotak Bank also retreated. Maruti Suzuki was the lead gainer, rising by 2.22 per cent.
The Indian School of Business, Hyderabad, has tied-up with three top Asian B-schools to devise a strategy to attract more students from the United States, Canada and Europe.
A total of 138 Indians, including 132 crew and 6 passengers, were among the 3,711 people on board the quarantined ship that arrived at the Japanese coast earlier this month. Three Indians were among the 218 people infected with COVID-19 on the ship.
Sourabh Verma and Ajay Jayram also entered the second round
At the event, about 100 people were told they could become US residents under a 'EB-5' visa programme if they put $500,000 (Rs 3.21 crore) into the project.
The business centre is adding staff in India, China, Hong Kong, Taiwan and Korea, with dedicated pavilions for China and Japan. this has been made possible through addition of a new island in the virtual world, a statement from the IT major said on Monday.
A survey done by Deloitte says, predictability of tax laws is poor in China, India and Indonesia.
Ranks 132 among 185 countries; position for 2013 unchanged from 2012.
Foreign direct investment (FDI) inflows into India in 2010 are said to have decelerated by 31 per cent in 2010, according to a report by the United Nations Conference on Trade and Development (UNCTAD), which is based on data from the Reserve Bank of India (RBI).
In a well-planned operation, Chinese customs investigated the Rs 1000 crore-plus illegal diamond market being run by Indians, mostly Gujaratis. More than 50 people have come under the Customs net and according to sources in diamond market in Surat, some 33 merchants belongs to firms having headquarters in Surat and Mumbai.
