Weakness in Infosys, L&T and Hindalco cap index gains.
Company looking for acquisition of coal properties abroad.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
India on Monday did some plain-speaking with China over its blocking of the Indian bid to get JeM chief Masood Azhar banned by the UN and warned the global community of "serious consequences" if it continues to adopt "double standards" in dealing with terrorism.
Charging NGOs like Greenpeace with violating Indian laws, the RSS on Sunday called US as "the global police of democracy" and questioned its defence of the two organisations.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
There's still little indication of forward movement in Indo-US defence relations.
'Without doubt, Narasimha Rao confronted huge challenges. Yet, in the very brief period I saw him at the closest of quarters, I have to say that he was simply magnificent. A lifetime of circumspection gave way to courage.'
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Full transcript of President Obama's speech at the Siri Fort Auditorium in New Delhi.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
It's a packed 5-nation, 9-day, visit for Prime Minister Modi as he heads to Uzbekistan, Kazakhstan, Kyrgyzstan, Turkmenistan and Tajikistan, apart from Ufa in Russia.
Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.
Chief Minister of the Punjab province in Pakistan and the Pakistan prime minister's brother, Shahbaz Sharif, tells Nayanima Basu that strategic issues go hand in hand with trade normalisation. Sharif believes that cordial relations are in the interest of the people of both India and Pakistan and issues such as Kashmir will also be resolved soon.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
Database to contain taxable financial transactions and history of any tax-paying individual.
'It is strange that a country like India, which had gone through crisis after crisis resulting from militancy, insurgency and terrorist attacks, should still be practising ad hocism in managing its security imperatives,' says B S Raghavan, the distinguished civil servant and former member of the Joint Intelligence Council.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
'People residing in the enclaves have led completely isolated lives. They are stateless, have no official identity proof.' 'It is significant that Modi, Banerjee, Sarkar and Gogoi, despite having different political ideologies, are walking in tandem for the cause of the people residing in the enclaves.' 'If the LBA betters the economy of India and Bangladesh, there will be less turmoil in both these countries.'
'I am actually quicker now than before,' Boxing legend Mary Kom tells Pavan Lall.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Those who know Shiv Shankar Menon will vouch that he did lots of things, substantial in the immediate neighbourhood and widespread in South Asia, but without making things public. Twenty per cent of Menon's job was visible, while 80 per cemt of his job was not known to the public, says Sheela Bhatt/Rediff.com
'Amartya Sen is a citizen of the country who has every right to criticise or give his opinion on a policy decision.' 'Get back at him! Why get back at Harvard?'
'India is going to maintain its ties to China, India is going to develop a strong relationship with the United States. It means that India is going to have the flexibility to pick and choose its friends.' 'That's traditional Indian foreign policy, and it's smart.' Former US ambassador to India Frank Wisner, one of America's sharpest minds on South Asia, tells Aziz Haniffa/Rediff.com what Washington can expect from Narendra Modi's visit.
'The Paris Conference is a decisive meeting on climate change.' 'Negotiating an agreement between 196 countries is indeed a challenge.' 'If we go beyond 2°C, the consequences will be extremely difficult to deal with.'The poor are the most vulnerable to the impact of climate change.'
'Modi wants to be pragmatic -- acknowledge the problem of Pakistan and that full reconciliation is essentially a non-starter, but at the same time grab the low-hanging fruits (such as trade) to put things on a more even keel, to engender enough stability in the relationship to allow him to focus on other priorities.'
'The speech he delivered had a profound impact on my colleagues,' US Congressman Ed Royce, Chairman of the House Foreign Relations Committee, tells Aziz Haniffa/Rediff.com in an exclusive interview.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Columnist Rajni Bakshi asks if the louder responses to the climate crisis will be those arguing that innovations are viable only when they give handsome and rapid monetary returns?
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
'Both Modi and Xi know that if all that there is to show for Modi's visit -- barely eight months after Xi's India trip -- is a repeat of the same old declarations, there will be a terrible sense of letdown in the public mood resulting in future summits losing credibility. Only the possibility of new ground being broken can justify Modi's trip at this time,' says B S Raghavan.
'In Chinese perception, India is strategically getting closer to United States and some Chinese analysts fear perhaps one day it may become a part of American arrangements against China.'
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
Olga Tellis, a legend in Indian journalism, completes 50 years as a reporter this year. A no-nonsense journalist whom politicians and officialdom took on at their peril, Ms Tellis has always been known as a hard-as-nails scribe who would ferret out the truth at any cost.
Prime Minister Manmohan Singh on Friday disagreed with those in the Congress who were dismissive of the challenge posed by Narendra Modi but asserted that the party would approach the 2014 Lok Sabha polls with self-confidence, irrespective of the results of the just concluded elections in five states.
'Kumbalangi Nights is a movie that respects women, but most importantly, it's a movie that loves them,' says Sreehari Nair.
Sectors throw up a wishlist for the Finance Minister.
PM Modi addressed a crowded UNESCO gathering, speaking of the importance of culture.
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