The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
'We are confident that the US manufacturing industry will be able to take advantage of the US-India Investment Initiative to effectively support our goals of assisting in the development of three Indian cities -- Ajmer, Vishakhapatnam and Allahabad -- where the United States will be the lead partner,' Senators Warner and Cornyn told Obama.
Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
Amid China's growing assertiveness in South China Sea, India, Japan and the US at their first ever trilateral ministerial dialogue in New York.
India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
'Our preparation is based on ICMR projections, whatever preparations we have to make.' 'If they project around 70,000 is the maximum number of hospital cases by mid-May or May 30, we are preparing accordingly -- how many people will need hospitalisation.'
Modi's visit to Brussels comes eight days after the deadly attacks on the city in which at least 35 people, including an Indian, died and over 300 were wounded.
'Clearly, there is a wide gap between the stated intentions of China's top leadership to improve relations with India and the PLA's aggressive border management,' says Brigadier Gurmeet Kanwal (retd).
It is for the companies and the industry to ascertain where they want to run with the US-India civilian nuclear agreements reached by Washington and New Delhi, says United States Assistant Secretary of State Nisha Biswal. Aziz Haniffa reports for Rediff.com from Washington, DC
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
After visiting two Central Asian countries, Prime Minister Narendra Modi arrived in Ufa on Wednesday on a three-day trip during which he will attend the BRICS and Shanghai Cooperation Organisation summits.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
The American efforts to make India a security partner have enhanced India's importance to Chinese decision makers and new recognition of India's importance and achievements are reflected in a much more positive reporting about India in the State-controlled media, says Walter Andersen.
Benchmark indices finished higher on hopes of economic reforms
The National Investigation Agency on Monday filed a chargesheet in the Pathankot airbase terror attack, naming Pakistan-based Jaish-e-Mohammed chief Masood Azhar and three others of his organisation as accused.
Considering Modi's style of practicing diplomacy, it is likely that a clear message would be conveyed to China that it is high time Beijing stops using its good relations with Pakistan as a pressure tactic against India. This is imperative not only for strengthening India-China relations at the bilateral level but also for maintaining stability at the regional level, says Sana Hashmi.
The two countries, among the very few fast growing large economies globally, also decided to boost bilateral trade and investment in areas of oil and gas, renewable energy, IT and pharmaceuticals, during talks between Prime Minister Narendra Modi and Indonesian President Joko Widodo.
United States Vice President Joe Biden on Monday left for a rare vice presidential trip to India for the first leg of his visit to the Asia-Pacific region.
The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.
Prime Minister Manmohan Singh and United States President Barack Obama will meet in Washington on Thursday to chart a course for "future cooperation" in areas such as civil nuclear technology, trade, investment, defence and counter-terrorism, amid perceptions that bilateral strategic ties have plateaued.
Prime Minister Narendra Modi and Sri Lankan President Maithripala Sirisena on Monday held talks at Hyderabad House
'Over the last two decades, the India-French relationship has grown steadily, no major political difference having darkened the sky between Paris and Delhi,' says Claude Arpi.
Qureshi, 46, had been on the run since 20 blasts ripped through Gujarat's main city Ahmedabad on July 26, 2008, killing more than 50 people
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India's economic growth slipped to decade low of 5 per cent in 2012-13 and in the current fiscal it estimated to be around the same level.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
CRR to remain unchanged at 4.00 pc this fiscal
"On one hand, broadening and deepening our economic and commercial ties across a range of sectors is critical at this moment, for example in civilian nuclear cooperation. Strengthening our security partnership is also vital," Madeleine Albright said ahead of the fourth India-US Strategic Dialogue in New Delhi next week.
'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.
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.
Rediff.com's Sheela Bhatt, who is accompanying Prime Minister Manmohan Singh on his trips to Russia and China, notes that Moscow and New Delhi work together professionally and via a shared common approach on crucial issues.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
Our break-even level has come down and we expect the cost structure to improve further, says the Suzlon chief.
Experts believe that one should not allocate more than 5-10 per cent of one's equity portfolio to international funds.
The 30-share Sensex ended in the red.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
'I hate people who do such things.' 'The person who bullied me should be ashamed because he tortured other people too.'
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