Ambassador A K Damodaran was the last link between the freedom struggle and Indian diplomacy, the last of those, who walked from a British prison to take on national responsibilities.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.
Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. This revival follows significant outflows in the preceding months, with Foreign Portfolio Investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October -- the worst monthly outflow on record.
India on Tuesday pressed Russia to release all the Indians recruited by the Russian military, following the death of another Indian national in the Russia-Ukraine conflict zone, taking the death toll to 10.
India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.
'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.
Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.
The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.
The top court also referred to the distinctions achieved by women officers, and put out an example of Col Qureshi's achievements.
The closed-door luncheon meeting came amid escalating tensions between Israel and Iran with Trump exploring Washington's possible involvement.
In a composed and clear presentation, Colonel Sofiya Qureshi announced that nine terrorist facilities had been destroyed in the tri-services operation.
A total of 1,016 candidates -- 664 men and 352 women -- have qualified in the examination and have been recommended by the Union Public Service Commission for appointment to various services.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
Prime Minister Narendra Modi met two Kuwaiti nationals who translated and published India's two iconic epics, Mahabharata and Ramayana in Arabic during his two-day visit to Kuwait. Modi, who praised their work, said it highlights the popularity of Indian culture globally. His visit to Kuwait is the first by an Indian prime minister in 43 years.
The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.
After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts. This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.
Congress Working Committee (CWC) member Shashi Tharoor on Thursday said he has differences of opinion with some in the party leadership, but he is not going to speak about them in light of the bypoll in the Nilambur constituency.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
Road Transport and Highways Minister Nitin Gadkari on Tuesday favoured giving a majority 51 per cent stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality. Gadkari said providing a majority stake to a foreign partner in the joint venture is necessary to ensure that only serious and technically qualified players bid for tunnel projects.
A man sits with his eyes closed on a bench beside her grave. Another kneels at the foot of the grave in prayer. A bunch of paper slips and pens are kept on the window to write down prayer petitions
An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.
President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.
'There is no question that Putin's preference will be to avoid unpleasantness with Trump, leave alone a collision course,' observes Ambassador M K Bhadrakumar.
To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.
The US is expected to push for sweeping changes in India's policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.
Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
Colonel Sofiya Qureshi revealed that 300 to 400 drones were deployed across 36 locations, with several being shot down by Indian forces using both kinetic and non-kinetic methods.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
'Shashi Tharoor is destroying the history of India.' 'He is distorting facts about the Congress party.'
Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' -- the codename for India's military strikes in Pakistan -- stating that it was inadvertently filed by a junior employee without authorisation.
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
Khedkar, who was from the 2023 batch, has been accused of cheating and wrongly availing Other Backward Classes and disability quota benefits to ensure her selection in the government service.
The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.
Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.
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