Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.
Russian President Vladimir Putin is expected to visit India around December 5 to hold annual summit talks with Prime Minister Narendra Modi to further solidify bilateral strategic ties.
Asian Cricket Council (ACC) chairman Mohsin Naqvi, who is also the Interior Minister of Pakistan, will be in attendance when his country takes on India in the Asia Cup final in Dubai on Sunday and it would be interesting to see how the Indian team responds to his presence at the post-match trophy ceremony.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.
US Secretary of State Marco Rubio praises India's measured and professional investigation into the Red Fort car explosion, calling it a terrorist attack. The US has offered assistance, but acknowledges India's capabilities in handling the investigation.
'Yunus' hostility to India is foolish and self-defeating in the extreme and reveals him for the weak monarch he is, unelected, chaotic, and dependent upon the support of extremist'
'Things may get much worse before they get better,' predicts Ajay Chhibber.
Mothers competing in elite chess will be able to take advantage of a new set of family-friendly policies being introduced by the International Chess Federation
'They are totally disconnected with farm activities which their families have been involved in for years.'
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
'If the Trump administration could gain access to the nuclear weapons, they would be satisfied -- at least they could control them.'
Focus firmly on match, India-Pakistan clash will be interesting: Kotak
Among the Sensex firms, Bharat Electronics Ltd, Mahindra & Mahindra, Adani Ports, HCL Technologies, Eternal, Infosys, Bharti Airtel, Sun Pharmaceuticals, Larsen & Toubro, Hindustan Unilever and UltraTech Cement were the gainers. Bajaj Finance, Tata Motors Passenger Vehicles, Kotak Mahindra Bank, PowerGrid and Tata Steel were among the laggards.
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
'If destroyed runways and burnt-out hangers look like victory, as the prime minister claimed, Pakistan is welcome to enjoy it.'
Democratic Senator Jeanne Shaheen's comments came amid a major downturn between New Delhi and Washington after US President Donald Trump doubled tariffs on Indian goods to a whopping 50 percent, including a 25 percent additional duties for India's purchase of Russian crude oil.
Gor underlined that President Trump has a "deep friendship" with Prime Minister Narendra Modi, and that is something that is unique.
'Pakistan does not have the capacity to fight a war with us. They do not want to fight a war. It does mischief as per its policy of 'bleed India through a thousand cuts'
Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.
The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world's manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday.
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
A woman doctor arrested in connection with an inter-state terror module was part of Jamaat-ul-Mominaat, an organization launched by Jaish-e-Mohammed, officials said.
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'
Taming the animal called AI in its many avatars will clearly remain a work in progress.
India said it is broad-basing and diversifying sourcing of petroleum product to meet market conditions.
The defence minister also announced that India has taken up the challenge of developing a powerful indigenous aero-engine, adding that preparations for this critical project are now almost complete and the work will soon be visible.
The severe backlash that the Indian cricket team faced before its Asia Cup clash against Pakistan was a major contributing factor to the 'No Handshake Policy.
India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.
The government is planning to set up an integrated transport planning authority for faster and comprehensive planning among multiple transport ministries such as highways, railways, and shipping & ports.
'In so far as bilateral sports events in each other's country are concerned, Indian teams will not be participating in competitions in Pakistan. Nor will we permit Pakistani teams to play in India.'
Stock market sentiment is likely to remain optimistic going ahead, though some consolidation cannot be ruled out after the recent sharp rally in the benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move towards new record highs before the end of the year, if global cues stay supportive, crude oil prices remain benign and there is continued domestic earnings momentum.
For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.
Trump's proposed policy limits undergraduates from any one country to 5% at select top US universities, raising concerns for Indian aspirants eyeing elite colleges.
'...aggressive pricing amid volatility, but these are exceptions.'
Prime Minister Narendra Modi criticized the Congress party, alleging that the dropping of important stanzas from the national song 'Vande Mataram' in 1937 sowed the seeds of partition. He made these remarks during the inauguration of the year-long commemoration of 'Vande Mataram'.
Oil India has discovered natural gas reserves off the Andaman Islands, the state-owned firm said without putting an estimate of the size of the find. In a statement, OIL said "occurrence of natural gas" was reported in the second exploratory well Vijayapuram-2 drilled in the Offshore Andaman Block AN-OSHP-2018/1, which the company had won under the Open Acreage Licensing Policy (OALP).
'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.
Oman will replace Pakistan in the FIH Men's Junior World after the latter withdraw from the tournament to be held in Chennai and Madurai from November 28 till December 10, the International Hockey Federation (FIH) confirmed on Wednesday.
The Supreme Court has directed all states and Union Territories to report on the implementation of guidelines for addressing mental health issues and suicide among students in educational institutions. The Centre has also been asked to file a compliance affidavit.
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