P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.
India's most powerful prime minister in five decades gets publicly admonished -- if gently -- by the US vice-president. The question is, would this make him reflect on how and why, or which ones of his government and party's missteps exposed his flank like this? asks Shekhar Gupta.
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
Defence Minister Rajnath Singh on Tuesday handed over to the Army a raft of home-grown military hardware including unmanned aerial systems, quick reaction fighting vehicles, patrol boats and surveillance equipment for boosting its overall combat capability in eastern Ladakh.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
'The Army must always be balanced in response.' 'Rabble rousers will demand that it be given a free hand against anti-national elements in the streets. That is exactly what the adversaries want.' 'Burning the Kashmir Valley through the summer is their desire; the Army will never contribute to enhancing their aim,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
China on Tuesday announced that its Defence Minister General Li Shangfu will visit India this week to attend the meeting of SCO defence ministers from April 27 during which he is expected to hold talks with his Indian counterpart Rajnath Singh on ending the prolonged eastern Ladakh standoff which has severely strained bilateral ties.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
Missing the deadline for filing Income Tax returns can lead to consequences.
'Supplies should start moving to the Serum Institute without any impediments.'
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
Given the security dilemma prevailing between India and China, India should curb the operation of Chinese telecom companies in India, asserts Dr Rup Narayan Das.
Ranganath has held several leadership positions.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
The Tiger Global-backed company says the layoffs would affect all teams.
'This is probably why the late General Bipin Rawat, who hails from the Garhwal Himalaya, said that the existing roads are fine with the army.'
'The new order cometh, sweeping out the old,' notes Ambassador B S Prakash.
15 per cent of startups in Silicon Valley are founded by Indians.
With two ministers and four deputy ministers, the minority community will have better representation in the government to look into the well-being of Malaysian Indians, the New Straits Times said on Thursday.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
The elephant in the room will permeate the conversations, predicts Rup Narayan Das.
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. The divestment of the mutual fund business is in line with the strategic objective of L&T Finance Holdings of unlocking value from its subsidiaries to strengthen its balance sheet, it stated in a press release. The data from the Association of Mutual Funds in India (Amfi) shows L&T Mutual Fund (MF) has average assets under management (AAUM) worth Rs 78,273.80 crore, while HSBC MF has AAUM of Rs 11,314.32 crore as in the July-September quarter.
India-China relations have always attracted Parliament's attention and there have always been useful and productive and constructive discussions how to engage with China, notes Rup Narayan Das.
In January, Gopalakrishnan had donated Rs 225 crore (Rs 2.25 billion) to set up a brain research centre in a joint effort between IISc and a trust formed by him and his wife.
US Secretary of State Michael Pompeo and Defence Secretary Mark T Esper will visit India on October 26 and 27 for the high-level dialogue aimed at further boosting defence, security and global strategic ties between the two countries.
Trump can afford to say that COVID-19 is a 'China virus', but we can't expect Modi to say that aloud while his actions may speak louder, says Rup Narayan Das.
Justifying the docking of Chinese submarines in Karachi and Colombo, a Chinese think tank questioned criticism in India of the presence of Chinese naval ships in the Indian Ocean, saying China has a right to protect its interests and India should be "broad-minded" to accept it.
IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.
According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, India, Pakistan and Bangladesh.
'In South Asia, unlike Southeast, East, or Central Asia, there is a natural hegemon: India. China cannot cast it aside easily'
Rup Narayan Das reveals the towering Odisha leader's role in improving national security after the 1962 War with China.
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
As the world adjusts to the dramatic rise of China, a string of surveys in recent years -- from rising religious feeling and the decline of Marxism to perceived strategic threats from nations like the US, Japan and India -- have served to concentrate the mind on the transformation taking place in this country.
IIM-A announced a tie-up with three corporate houses -- CRISIL, ATS Infra and SAP -- for research in financial markets, infrastructure and entrepreneurship.
Pakistan's offer to normalise relations with India is an attempt to buy temporary peace due to its economic and politico-strategic compulsions, notes Brigadier Narender Kumar (retd).
India has realised that one can only deal with China from a position of strength and that is not palatable to Beijing, observes Dr Rup Narayan Das.
