Setting aside the recent tumult in relations caused by the Khobragade episode, US Deputy Secretary of State Heather Higginbottom attended the first major event India's new Ambassador Dr S Jaishankar hosted in Washington. Rediff.com's Aziz Haniffa reports from the Republic Day celebration in the US capital.
'Markets should be driven more or less by earnings growth.'
The air quality in Delhi is turning worse, Deputy Chief Minister Manish Sisodia said.
The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle
The next policy meeting will be in mid-June, when the panel will be joined by Stanley Fischer, the former Bank of Israel governor whose nomination to the Fed's board was confirmed on Wednesday by the US Senate.
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
Flexibly targeting inflation is consistent with a demand stimulus, says Ashima Goyal.
Summary of sports events and persons who made news on Friday
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
A culture of science and innovation must be embedded in society wherein people not only use new technology but understand it as well. Without this, obscurantism and blind faith can sit side by side with digital technology and, in fact, use the same technology to reinforce their hold on people, says Shram Saran.
Though growth in China is unlikely to slow down soon, India should prepare to take advantage of a shifting of gears there.
The Fed has said it wants to be "reasonably confident" in the inflation outlook before a rate hike.
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Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.
Volkswagen AG said a scandal over falsified US. vehicle emission tests could affect 11 million of its cars around the globe.
Late on Monday, Volkswagen's U.S. chief Michael Horn said the company had "totally screwed up" and promised to make amends.
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Serena Williams recovered from a set down to beat Australian Ashleigh Barty 3-6, 6-3, 6-4 and book a place in the third round.
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
Substantial gains can still be made with good policies and initiatives.
'Employee first and customer second' continues to be a very strong philosophy of HCL.
Patanjali doesn't employ any fancy managers with MBA degrees.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
'For lakhs of people in the flood-afflicted state, battling against the elements is taking a huge toll. This is the time of the year that apples ripen, rice starts being harvested and preparations start in full swing to put aside some of the food stocks for the long winter months ahead. At this moment, though, people there believe if they can succeed in coming out of this calamity in one piece they will have won the war,' says Rashme Sehgal.
Why is Xi Jinping visiting Saudi Arabia, Egypt and China this week? Former RA&W officer Jayadeva Ranade explains the significance of China's outreach to the Middle East.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
India and Japan's effort to form a multilateral group of liquefied natural gas buyers to avoid paying higher prices for the fuel is laudable as an objective but is unlikely to be effective immediately.
With the Indian Space Research Organisation set to launch the Mars Mission on November 5, Chairman K Radhakrishnan, in an interview with Praveen Bose, talks about the complexities, the challenges and the benefits of the Rs 450-crore mission.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Raghuram Rajan speaks on the unscheduled rate cut.
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
A reformed Planning Commission should reflect the diversity of Indian debate.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
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