Conventional wisdom is that when the US sneezes, emerging markets like India catch a cold. And yet the Indian stock market went up last year, points out Debashish Basu.
People familiar with the development said on Friday that the Chinese envoy held wide-ranging talks with the external affairs ministry's point person for Afghanistan J P Singh.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
In winning a seventh term, the BJP also matched the Left Front's feat in West Bengal.
BJP national President JP Nadda has appointed Adesh Kumar Gupta as the Delhi unit president of BJP.
Several loyal party old guards were unhappy and had expressed their displeasure openly about "migrants" scuttling the chances of them becoming ministers.
Modi said at a time when people are about to vote for the future of the state, "I want to offer you gratitude for your blessings and affections."
Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past $100 a barrel. International crude oil prices shot above $110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in Ukraine or retaliatory western sanctions. The basket of crude oil India buys rose above $102 per barrel on March 1, the highest since August 2014, according to information from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
The ruling Bharatiya Janata Party on Wednesday hailed the Union Budget as an "all-inclusive" document while the Opposition dismissed it as "anti-people" and mere rhetoric lacking the vision for creating jobs and taming inflation.
However, the saffron party's hold of the landmark may be tenuous as polls to around 52 more seats will be held soon, and it is expected to suffer reverses in states like Andhra Pradesh, Chhattisgarh, Maharashtra, Rajasthan, Jharkhand.
"I will always strive to enhance democratic values of country," Dhankhar said after filing his nomination.
It also assured that the amount of medical insurance coverage under the Ayushman Bharat scheme would be doubled from Rs 5 lakh to Rs 10 lakh.
Eleven bidders, including Adani Enterprises, have shown interest in the first-ever coal import tender issued by national miner Coal India (CIL). Recently, state-owned NTPC awarded 6.25 million tonnes (mt) of imported coal tender worth Rs 8,300 crore to Adani Enterprises. CIL, in a public statement on Tuesday, said: "The prominent Indian agencies among them (11 coal importers) were Adani Enterprises, Mohit Minerals, and Chettinad Logistics. "A couple of coal exporting agencies from abroad, including one from Indonesia, have also shown interest," it said.
The BJP held a meet amid hints that the central leadership may bring in new faces at key positions in the state.
It is for the first time in the history of Independent India that not a single Muslim is part of the Union Cabinet.
The Apple iPhone comprises 44 per cent of the global smartphone market's revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones. More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news.
BJP national president JP Nadda has asked party's Uttar Pradesh chief Swatantra Dev Singh to convey it to the MLA to stay away from the probe, sources said.
He may have been hailed as The Great Reformer in nations elsewhere, but in his motherland, Mikhail Sergeyevich was a hate figure for his policies ending the chimera of Russian dominance in the world.
Dressing 80s pinup icon Brooke Shields and all the other hotness from Sachin & Babi's New York show.
The 71-year-old Dhankhar has been a noted lawyer, was instrumental in getting Other Backward Class status for Jats in Rajasthan and loves to beat his own cappuccino desi-style.
BJP president J P Nadda on Wednesday announced an alliance with Apna Dal and Nishad Party, two parties that draw their support primarily from sections of backward castes, for the Uttar Pradesh assembly polls.
President Droupadi Murmu said the nation will benefit from Dhankhar's long and rich experience in public life and extended her best wishes for a productive and successful tenure.
Announcing the news, South Africa team manager Mohammed Moosajee revealed that Duminy had aggravated the already-existing shoulder injury during the recently-concluded series against Zimbabwe.
The NSE Nifty moved up 75 points to settle at 4,001. The index touched a high of 13,510 -- up 482 points from the day's low. The Sensex finally ended (provisional) with a gain of 311 points at 13,405.
Rising oil prices and inflation worries pushed the index into a negative zone to touch a day's low of 14,846 - down 726 points from its previous close. Realty, IT, banking and oil & gas stocks suffered the most today. The index recovered partially and touch a day's high of 15,203. The NSE Nifty ended (provisional) with a loss of 108 points at 4,520.
The institute has bagged 179 pre-placement offers so far, with the highest domestic offer at Rs 64 lakh per annum.
Bharatiya Janata Party president J P Nadda on Thursday met leaders of the party's allies in Uttar Pradesh -- Anupriya Patel of the Apna Dal-S and Sanjay Nishad of the Nishad party -- at his residence in New Delhi as part of its government formation exercise.
European soccer's governing body UEFA on Monday said clubs and players joining the proposed breakaway Super League could be banned from all of its competitions and the World Cup as it condemned a "disgraceful and self-serving proposal".
Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.
The Sensex touched a high of 15,798, and finally ended with a gain of 403 points (2.6%) at 15,760. The NSE Nifty was up 122 points at 4,746. The BSE Realty index surged 4.8% to 7,713. New entrant Jaiprakash Associates soared nearly 8% to Rs 236. Reliance Energy, DLF, ICICI Bank, Satyam, Reliance Communications, TCS, Infosys & Tata Steel were gainers on Friday. Bharti Airtel, M&M, Ambuja Cements & Maruti were notable losers. Reliance Natural Resources topped the value charts.
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.
The Bharatiya Janata Party has fielded two Congress turncoats and its former Union minister Vijay Sampla for next month's Punjab assembly polls as it released its second list of 27 candidates on Thursday.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
More than 100 senior leaders and functionaries have been deployed to work as district in-charges in 44 assembly segments in Western Uttar Pradesh to coordinate and streamline campaigning and booth management, BJP leaders in New Delhi said.
Foreign brokerages said if SBI decide to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired.
Samajwadi Party patriarch Mulayam Singh Yadav tried hard to convince his daughter-in-law Aparna Yadav to not join the Bharatiya Janata Party, party chief Akhilesh Yadav said on Wednesday and expressed his happiness that the SP's socialist ideology is expanding its reach.
Voting will be held on Thursday for the first phase of Gujarat Assembly elections in 89 seats spread across 19 districts in Saurashtra-Kutch and southern parts of the state where 788 candidates are in the fray.
The talks took place on the sidelines of the G-20 foreign ministers' meeting in the Indonesian city of Bali.
