India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, Gitanjali Gems Chairman and Managing Director Mehul Choksi said.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
'Even if it is difficult to replicate Bangladesh, India can cause sufficient turmoil in Pakistan to keep it off balance,' says Colonel Anil A Athale (retd).
Viveat Susan Pinto & Niraj Bhatt in conversation with Nirvik Singh, chairman and CEO, Grey Group.
Biden, 'plotting an ambitious presidency that would begin amid twin health and economic crises, is leaning on veteran advisers with high-level governmental experience rather than outsiders and ideological rivals to help guide him on subjects including the coronavirus pandemic and the country's diminished standing in the world', a report in The New York Times said.
There is only one perpetrator, Hamas. It is a terrorist organisation. It is obscene to argue that until the Palestinian question is solved, anybody has the right to use terrorism as an instrument of policy, argues Shekhar Gupta.
She added that Washington wants to facilitate both the Palestinian Authority and Israel coming together, 'being accountable' and moving forward for peace.
EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.
A day after his release on interim bail, Delhi Chief Minister Arvind Kejriwal launched a blistering attack on Prime Minister Narendra Modi, alleging he was on a 'One nation, One leader' mission to impose 'dictatorship' by putting all leaders from opposition behind bars and 'politically finishing off' those in the Bharatiya Janata Party.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
The US president said new sanctions would be imposed, adding 'America will not be held hostage to nuclear blackmail'.
Admiral Colombage said that President Gotabaya Rajapaksa would have an India first approach as the key to strategic security.
Ahmedabad is home to the strangest of cuisines and is a city of contrasts, if you look beyond the tourist places.
Finance Minister Nirmala Sitharaman has said the recent interest rate hike by the Reserve Bank was not surprising for her but the timing was, asserting that the rising cost of funds will not impact the government's planned infrastructure investments. For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash reserve ratio by 50 basis points to 4.5 per cent after an unscheduled meeting of the rate setting panel, citing increased inflation pressures following the Ukraine war and the resultant spike in crude oil prices. Retail inflation printed at 6.9 per cent in March and the April reading is forecast to top 7.7 per cent.
Global gold demand has seen a year-on-year decline of 8 per cent during the April-June period to 948.4 tonnes and going ahead further monetary tightening and continued dollar strength may pose headwinds, says a report. According to the WGC Gold Demand Trends Q2 2022 report, the total gold demand during the second quarter of 2021 stood at 1,031.8 tonnes. The year-on-year demand was affected by increase in gold electronic traded funds (ETFs) outflow, decline in Central banks buying and lower demand from the technology segment, the report said.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
The first World Cup in the Middle East has been anything but insulated from the troubles of the volatile region, set against a backdrop of anti-government protests in Iran and an upsurge in Israeli-Palestinian violence.
The G20 declaration, which hit snags on the language to describe the Ukraine war, amounted to a 'coup' for host Prime Minister Narendra Modi though the final compromise statement reflected a stand far softer than those the United States and its Western allies have adopted on Russia, the world media said on Sunday.
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
On the Sensex chart, losses were mainly driven by Hero MotoCorp, Tata Motors, Axis Bank, Tata Steel, Maruti and SBI -- falling as much as 6.19 per cent.
The level of preparedness of Daesh sleeper cells is evident from the fact that it took just four days after Salah Abdelslam's arrest to execute the Brussels attacks, says Lieutenant General Syed Ata Hasnain (retd).
Iraq is on the verge of collapsing and foreign military intervention is inevitable. But for those who follow the developments in Iraq and the Middle-East will understand the current situation is nothing but a culmination of US and western policies toward the region, says Dr Waiel Awwad
The United States on Thursday put Iran "on notice" for test-firing a ballistic missile and warned of consequences for its "malign actions", signalling a more hardline stance against Tehran that could set the stage for renewed confrontation between the two nations.
Yes Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent. Other gainers included Sun Pharma, IndusInd Bank, L&T, ICICI Bank, Maruti, Bajaj Auto, Tata Motors and ONGC, rallying up to 4.01 per cent.
'Even troubles/challenges seek attention/respect.'
The concern about such an explosive hidden in a laptop or an electronic device prompted the US and the UK to prohibit travelers flying out of 10 airports in eight countries in the Middle East and Africa from carrying laptops and other large electronic devices aboard planes.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
The government's increased thrust on investment and continued focus on job creation in India gives the sense of an improving job market scenario in the coming months.
"No leader or policymaker involved will claim to have gotten everything right in the region, Iraq especially," he said.
In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.
Melbourne based Priya Serrao is the first beauty queen from the country with an Indian connection.
'We cannot forget that Pakistan is a criminal State, it is a rogue State and yet we want oil pipelines to go through their State, we want to have people-to-people contact, want to increase trade with them.' 'When Modi was prime minister-elect, he said there can be no dialogue in the face of bombs and bullets. After becoming prime minister, he is saying talks will continue. Was he then misleading the public then or is he misleading the public now?' 'Nobody goes around abusing China. The fact is China is a great power. I do not think India is a great power. People spit on our face and we still go grovelling before them.'
