'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
The man, who declined to be named, said he charges "the most dedicated supporters" a 1,000% markup for tickets to sought-after matches featuring stars like Messi and Cristiano Ronaldo.
After being underweight on domestic agrochemical companies and preferring global plays, brokerages believe that the former may perform better in the quarters ahead. Domestic crop protection companies have faced multiple headwinds over the past year and a half, given high inventory costs, pricing pressures, lower realisations in the generic segment, increased stocks due to lower infestations, and demand-led hits to volumes. Some of the overhang from previous quarters was reflected in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24) as well, with aggregate revenues and operating profit for the sector down 12 per cent and 27 per cent, respectively.
Most of the Latin American countries have a better current account balance, have huge export potential and their combined foreign exchange reserves are higher than that of India's.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
The 31 rigs were operating in India's offshore areas till February this year, making the country the largest offshore rig user in the world after the US, where 56 rigs are operating. Countries such as Brazil and Mexico have now overtaken India.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
As the kharif season is setting in, India is scrambling to source fertilisers from the international market. It is set to sign long-term contracts - especially with Morocco and Latin American countries - to ensure steady flow of supplies. "We have to source fertilisers wherever it is available because crops have to be secured.
The capital of world history will be London on May 6.
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.
Russian Foreign Minister Sergey Lavrov said Moscow sees the prospect of making the Security Council more democratic, exclusively, through broadening the representation of countries from Africa, Asia and Latin America.
Tina Turner, who had Indians across generations dancing to songs such as What's Love Got To Do With It, was all set to play Shakti in a film to be directed by Ismail Merchant and visited Varanasi and Kerala for an exploratory trip.
The Argentines suffered one of the biggest shocks in World Cup history
'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'
Clock 11% growth in the first 11 months of 2022.
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."
The stock of India's largest agrochemical player - UPL (formerly United Phosphorus) - fell 2.8 per cent in trade. It was among the top losers in the BSE 100 on Tuesday. Weak 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) performance and muted near-term outlook led to the decline. The company reported lacklustre growth in revenue of 4 per cent on the back of a price reduction of 3 per cent and volume growth of 1 per cent.
Starbucks' new Indian-origin CEO Laxman Narasimhan has said he will work as a barista once a month in stores to stay close to the company's culture, customers, challenges and opportunities.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
'We bonded over the fact that we are both from Delhi and he spent a lot of his childhood in the same neighbourhood as me.'
In a corner of Kolkata lived a man who made Latin American music cool before urban India became hip to salsa. Sumit Bhattacharya remembers Monojit Datta, ace percussionist, guru and unknown legend
Hundreds of fisherfolk, including women, reached the area via road and sea and broke open the lock of the gate of the project site, raising slogans.
Justice Anu Sivaraman also said that no one will be allowed to play politics under the garb of the ongoing agitation at the multi-purpose seaport at Mulloor in Thiruvananthapuram district.
Sinead O'Connor, the gifted Irish singer-songwriter, became a superstar in her mid-20s and was known as much for her private struggles and provocative actions as for her fierce and expressive music.
The Bombay high court on Tuesday directed the Central Bureau of Investigation to file by Friday its affidavit in response to a petition of Videocon Group founder Venugopal Dhoot, seeking to quash an FIR registered in a bank loan fraud case, to declare his arrest as "arbitrary and illegal" and to be released on bail. When the plea came up for hearing, advocate Kuldeep Patil asked for one-week time to seek instructions on the same. A division bench of Justices Revati Mohite Dere and P K Chavan said the agency shall file its affidavit by Friday and posted the petition for hearing the same day (January 13).
Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).
Glimpses of the Russian army on the march and the Ukrainian soldiers ready to engage them in battle.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
'The police just stood there watching our people being attacked.'
'We know a day will come very soon when people will realise our fight was for the environment and not against the nation.'
Shipments of sunflower oil to India have started normalising after imports from war-torn Ukraine resumed beginning September after a gap of four months, leading to further normalisation of supplies. Ukraine has been the largest supplier of sunflower oil to India. However, after the Russia-Ukraine war broke out in February, supplies from Ukraine dwindled as Russia denied it access to the Black Sea ports.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.
The trend has generated a wave of social media memes and satire, and even the creation of an app that allows you to track where to get the coveted stickers. New stock has been selling out in a matter of hours.
Pele was eventually convinced to sign a multimillion-dollar deal with US club New York Santos in June 1975, aided by then-Secretary of State Henry Kissinger, who wrote a letter to the Brazilian government stressing how important his presence would be for bilateral relations.
Eight of the newly named cardinals are from Europe, six from Asia, two from Africa, one from North America, and four from Central and Latin America.
Addressing the G-20 University Connect initiative, the first event of India's presidency of the grouping, Jaishankar said it would also be India's endeavour to emerge as the voice of the Global South -- comprising Asia, Africa and Latin America -- that has to face the brunt of polarisation and conflict in the developed world.
Ghana had always been expected to struggle at this World Cup after an unconvincing qualifying campaign in which a Nigerian goalkeeping howler saw them win a fortunate place in Qatar.
Images from the FIFA World Cup Group G match between Brazil and Switzerland on Monday.
