Trinamool Congress supremo Mamata Banerjee on Saturday elevated her nephew and MP Abhishek Banerjee as the party's all-India general secretary, the second-most important post in the organisation, a senior leader in Kolkata said.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
To this end, India has recently committed USD 400 million in steel to construction of the railway connecting Chabahar and Zahedan, near Afghan border, the report said.
That the office of the NSA came under fire after the terror attacks of 26/11 can be attributed to the fact that the present incumbent may have given the impression that the NSA is an intelligence czar. That role is now proposed to be assigned to a new counter-terrorism centre under the Union home ministry. Another argument, which was advanced even earlier, is that internal and external security are looked after by home and defence ministries so why do we need the NSA?
The billions India invested in dams, schools, etc in Afghanistan will be gone. The Hindu and Sikh population of Afghanistan has already shrunk from some 200,000 to about 500, points out Rajeev Srinivasan.
Analysts say markets to be impacted by monsoon, inflation trajectory.
'Only when India's adversaries are convinced that India has both the necessary political and military will and the hardware to respond to a nuclear strike with punitive retaliation that will inflict unacceptable loss of human life and unprecedented material damage, will they be deterred,' says Brigadier Gurmeet Kanwal (retd).
Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.
The best of India's brains are instead busy solving the world's problems (I deliberately exaggerate a bit to drive home the point), as our policies incentivise them to do so.
India is still the best story in major emerging markets from a 5-year perspective.
Former Congress chief Rahul Gandhi, Bharatiya Janata Party ministers Ashwini Vaishnaw and Prahlad Singh Patel, as also former election commissioner Ashok Lavasa and poll strategist Prashant Kishor were among those whose phone numbers were listed as potential targets for hacking through an Israeli spyware sold only to the government agencies, an international media consortium reported on Monday.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
The Grand Old Party must bring widespread reforms across all levels of the organisation to show it is no longer in a state of inertia and to present itself as a viable political alternative to the Bharatiya Janata Party, Congress veteran Kapil Sibal said.
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
Further outperformance hinges on pickup in industrial activity, buying by local investors.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
How will the Modi Sarkar's likely return affect other nations?
After a volatile session, Sensex closed the day 563 points lower
Serious question marks remain over how effectively, or whether at all, India can actually execute a disarming CF strike that takes out most of Pakistan's nukes, says Ajai Shukla.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
A meeting of opposition leaders from many anti-Bharatiya Janata Party parties, most of them regional forces, hosted by the veteran leader and Nationalist Congress Party president Sharad Pawar on Tuesday is being seen by political pundits as a beginning of an exercise by them to join forces to put up a more cohesive challenge to the saffron party.
The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.
The report says, the emerging markets continue to have uneven performance but India recovers from decelerating growth. Narendra Modi government, it added, continues business-friendly growth reforms, the economy grows at 6 per cent and the market rises 20 per cent.
Wall Street brokerage Bank of America Securities has pencilled in lower than the consensus retail inflation for the current fiscal year at 5 per cent, but higher than the previous forecast of 4.7 per cent. Stating that the June print will be critical for the future trajectory -- after the extremely high 6.3 per cent print in May, the brokerage in a report on Friday revised upwards its forecast by 30 bps to an yearly average of 5 per cent for the year to March 2022. "Though the June print will be critical for future trajectory, beyond near-term, we find some comfort from our analysis of four key factors that are likely to influence CPI inflation the most.
It is said in Chanakya Neeti that the grass on the ground survives the storm because it is flexible as per the direction of the wind. The large trees break down easily as they are strong and rigid. Winners are not rigid, they are flexible. At the same time, they are focused on winning. A must read excerpt from Radhakrishnan Pillai's Art Of Winning: The Chanakya Way.
Market hopes govt will hike capital expenditure.
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
Its electoral triumphs in assembly polls, particularly in Uttar Pradesh, have made the BJP the single-largest party in the Rajya Sabha.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
Rituparna Chakraborty, co-founder and EVP, TeamLease Services explains which sectors will contribute to India's growth story.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
With a new campaign for Gatorade and renewed thrust on sports drinks, PepsiCo looks to make the most of the growing passion for fitness in the country.
The festering dispute over the accession of Jammu and Kashmir stands out as one of the world's most volatile fault lines that divides regions, countries, societies, communities and ethnic groups, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs, on Sheikh Abdullah's 39th death anniversary.
BJP celebrates saffron Holi after the poll results showed a historic win for the party in Tripura and Nagaland.
'The Pakistani denial was the greatest triumph of this strategy.' 'From now onwards Pakistan will always have to factor in the Indian reaction when it decides to back non-State actors like LeT,' says Colonel Anil A Athale (retd).
Called "Babuji", the former chief minister of undivided Madhya Pradesh and former Governor of Uttar Pradesh in the post-Babri Masjid demolition era was considered as a people's man and was accessible to all.
In the early part of the Kargil operations, the army opted to more or less go it alone, sacrificing large numbers of men and officers in almost superhuman struggles against an enemy on higher ground. Some generals seem to think their predecessors would have succeeded better if they had had air resources at their disposal, points out David Devadas.
From Twitter to Facebook to Spotify, everyone it seems is clambering aboard the social audio bandwagon. Neha Alawadhi reports.
Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.
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