A sharp rally in domestic stocks from June lows has once again rendered Indian markets expensive to their emerging-market (EM) peers. The 12-month forward price-to-earnings (P/E) multiple for the Nifty50 Index is around 20.6x - 82 per cent higher than 11.3 per cent for the MSCI EM Index. India's valuation premium has hit a five-month high. This is on the back of sharp outperformance to EM and global peers from June lows and also due to earnings downgrades, following the April-June quarter of 2022-23 earnings.
China claims nearly all of the disputed South China Sea, though Taiwan, the Philippines, Brunei, Malaysia and Vietnam all claim parts of it. Beijing has built artificial islands and military installations in the South China Sea. Beijing is also involved in a maritime dispute with Japan over the East China Sea.
'I got an opportunity to direct him in Baaghi 3.' 'He played a police commissioner's role, and it was so weird directing him.' On the first day of shooting, I asked him, 'What do I call you today?' and he shot back, 'Satish uncle'.'
'The economic crisis hit us from nowhere. No one saw it coming.'
During the 13-minute special session, Dhammika Dassanayake, ecretary general of Parliament, announced the vacancy for the post of president.
China, which has territorial disputes with many countries in the strategic Indo-Pacific region, has been opposing the Quad alliance since its formation.
Mette, 42, exchanged vows with Bo Tengberg, 55, after being forced to cancel their wedding three times in a year, initially delaying their 2019 nuptials because of the general election, then earlier this year due to the pandemic, and finally bringing forward their special day from July 18, to attend an European Union Council meeting.
Unable to resume their journey to Europe and then home to Japan and unwilling to head to the African mainland, where virus cases are spiking, they had to trade their skills with domestic businesses to earn funds in the absence of work visas.
I-League: Churchill Brothers hand Mohammedan Sporting first defeat of season
Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was "deported" from Cairo on Tuesday after a long diplomatic and legal process, officials said in New Delhi. A CBI team had gone to Egypt's capital to bring back 50-year-old Parab, who was allegedly kept in illegal confinement in a Cairo suburb by Modi, the fugitive diamantaire, they said. The CBI had been chasing Parab, deputy general manager (finance) in Modi's Firestar Diamond and understood to be a key witness to the Letters of Undertaking (LoU) submitted to the Punjab National Bank (PNB) to siphon off over Rs 7,000 crore, they said.
Here are the pros and cons of being in a relationship with your high school sweetheart.
Sri Lankan police on Saturday fired tear gas and water cannons to disperse anti-government protestors here as the ongoing agitation demanding the resignation of President Gotabaya Rajapaksa over the worst economic crisis intensified as it entered its 50th day.
The Sergio Lobera side now have six points from three matches, while SC East Bengal remained at the bottom of the table, yet to open their account in their debut ISL season.
Rather, cold reactions are expected considering the contentious issues the US is bound to raise -- Taiwan, human rights, and North Korea.
'We need to retell this history from many different perspectives.'
Bipin Singh's late strike helped Mumbai City FC win their maiden Indian Super League title with a 2-1 victory over ATK Mohun Bagan in the final, in Margao, on Saturday.
Sri Lankan security forces raided the main anti-government protest camp at the President's Secretariat in Colombo early on Friday, arresting nine people and injuring several others, as the protesters continued to occupy the sensitive area despite the resignation of Gotabaya Rajapaksa as president.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.
Rohit said it's important not to 'mix up' the two white ball formats.
If you consider yourself a passionate India traveller, have a go at this quiz on fallen-off-the-map places to visit in our country.
Mumbai Indians celebrated the end of their quarantine with a game of volleyball in the pool at the St Regis Saadiyat Island Resort in Abu Dhabi.
Indian golfer Anirban Lahiri gave it his all but fell short by a stroke
Prime Minister Narendra Modi on Tuesday asserted that there is a "huge difference" between pre- and post-2014 India, saying the country is now moving ahead at an "unprecedented speed and scale" as he showcased the achievements of his term in power to the Indian diaspora in Indonesia.
In a major policy speech on Monday, US Secretary of State Mike Pompeo said the world will not allow China to treat the strategically important South China Sea (SCS) as its 'maritime empire' and vowed to support worried Southeast Asian countries against Beijing's 'campaign of bullying' to control the resource-rich region.
A summary of Indian athletes' performance on Day 7 of the Games.
President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
The Vishnu Purana, notes A K Bhatacharya, ends on a sombre note, but not without offering the hope that those who chant Vishnu's name can still reclaim dharma.
President Gotabaya Rajapaksa on Monday fired Basil Rajapaksa from his post and invited the Opposition parties to join a unity Cabinet to tackle the raging public anger against the hardships caused by the economic crisis.
Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.
The dissidents, led by former president Sirisena's Sri Lanka Freedom Party, would leave the ruling Sri Lanka Podujana Peramuna coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.
The loss meant Mumbai City FC missed the chance to regain the top spot
The arrival of Novak Djokovic led to incongruous scenes outside the hotel, with members of the Serbian expatriate community draped in the national flag and playing traditional music joining refugee activists in protests.
The High Commission said it was striving to return to its normal functioning soon.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
The solution to globalisation is decentralisation and the solution to multilateralism is reformed multilateralism, not a 1945-version of multilateralism, External Affairs Minister S Jaishankar has said.
The ex-president returned to Sri Lanka on a Singapore Airlines flight.
The government's poor handling of the economic crisis where people currently endure long hours of power outages and scarcity of essentials has angered the public which planned country-wide protests on Sunday.
'The Andamans are strategic territory for India.' 'We need at least three full-length, 10,000-feet airfields here.'
Till Monday, 43,734 confirmed cases of coronavirus were reported in the United States.
