It has invested billions of dollars in preparing for the 2022 soccer World Cup. However, human rights groups have criticised the treatment of migrant workers.
'Our advice is to put money into equities now rather than staying away.'
Last week, two BSF troopers from Rajasthan, members of the UN Peacekeeping Force in Congo, were killed by protestors. Do we need to lose lives fighting in a country not ours, in a war that is not ours and for a cause that is not ours, asks Air Commodore Nitin Sathe (retd), who served in the UNPKF in Congo.
Congress leader and ex-finance minister P Chidambaram on Tuesday said the Union Budget was the "most capitalist" with nothing for the poor and farmers while sops were being provided to big industrialists turning India into a very "unequal country". At a press conference after Union Finance Minister Nirmala Sitharaman unveiled a Rs 39.45 lakh crore Budget, he said because of the ruling party's "brute majority" the Lok Sabha pass the Budget but people will reject it. He claimed the Bharatiya Janata Party was going to elections, scheduled in five states, not with their performance or with the promises and assurances to the people, but solely "with the agenda of dividing the country and bringing Hindutva back to power".
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
With the Forbes' richest people list out and 4 Indians featuring in it, it has been calculated that a mere 10 per cent of their net worth can erase our national deficit
The BJP calling the Congress a "torn old party" moving towards a stage where its relevance and necessity will be completely lost.
India's reserves have been skyrocketing, reaching $ 260 billion as of end October 2007. This makes India the fifth largest holder of reserves in the world. Without the sustained appreciation of the rupee, the buildup of reserves would have been even larger.
'He made me feel like a crorepati even without sitting in the hot seat.'
The year 2021 could turn out to be India's year of IPO with the domestic unicorns through their public issues setting "domestic stock markets on fire and global investors in a frenzy", an RBI article said on Tuesday. The successful Initial Public Offerings (IPOs) by new age companies in the recent months are a reflection of bullishness about Indian technology, it said. "...growth impulse is igniting financial markets. 2021 could well turn out to be India's year of the IPO.
Every week, we bring you fascinating videos, chosen by you, through your likes.
'India is a multifaceted place that resides in one country.' 'I always say that there are 1.3 billion Indias and everyone takes their own form and shape of the country.' A fascinating glimpse from Barkat: The Inspiration And Story Behind One Of The World's Largest Food Drives, Feed India.
... Are far-reaching social changes coming with it, asks Ajit Balakrishnan.
The world seems to have caught severe pneumonia, or worse, as China had flu.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
Delhi boy Tejaswin Shankar produced a record-shattering performance as Indians struck two gold and a silver medal to launch their Commonwealth Youth Games campaign on a rousing note in Apia, Samoa, on Monday.
"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
Bangar comes with vast experience having served as the batting coach of the Indian men's senior team for five years from 2014 when Ravi Shastri took over as team director. He continued in the role till the 2019 World Cup before being replaced by Vikram Rathour.
World number one Vijender Singh (75kg) fought through a bleeding nose to clinch his first international gold medal in two years as Indian pugilists made a clean sweep in the finals to win the overall team title at the fifth Commonwealth Boxing Championships in New Delhi.
Available in a range of standards, including gold and silver, the special collectors' coin is designed by Heena Glover and features an image of a lotus, India's national flower, alongside one of Gandhi's most famous quotes -- "My life is my message".
While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank.
'They say 'a picture paints a thousand words', so seeing Rishi Sunak PM at the door of Number 10 can never be taken from us.'' 'It is a symbol that will go down in the history books.' 'It is the very embodiment of me saying to my boys, "You can be who you want to be",' notes James Salins in this must-read feature.
The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, says Nimesh Kampani, chairman, JM Financial.
A 29-member Indian squad on Monday left for Malaysia to take part in the Commonwealth Senior and Junior Weightlifting Championships in the backdrop of a series of dope flunks which left the national federation with the prospect of being banned internationally.
The report however noted that the migration of super rich from China and India is not a "concern".
As we celebrate Dr Babasaheb Ambedkar's birthday on April 14, Subhash K Jha picks 5 fine films based on inequality and the caste system.
It's time for colours, lights and celebrations - Diwali is here! In these photos, see celebrations from Gujarat to London to Colombo.
'Second-class citizenship would have been meaningless to a Hindu in the Mughal empire.'
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
'We will likely be buffeted by tailwinds from the global economy, geopolitical shifts and robust domestic demand.'
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect. The Survey said government interventions seem to be ineffective in stabilising prices of commodities such as onions.
The deluge of offerings in the primary market, a muted results season and increasing talks of a Fed taper may quicken the pace of overseas investors selling Indian equities in the near term. The next few weeks may see a dozen companies tap the market for initial public offerings and raise about Rs 30,000 crore. These include the likes of Zomato, Glenmark Life Sciences, Utkarsh Small Finance Bank and Seven Islands Shipping.
In a stunning turn of events, five-time World champion and Olympic bronze-medallist M C Mary Kom was left out of the three-member Indian women's boxing squad for the Commonwealth Games, in Glasgow, from July 23 to August 3.
'The word equity means so much more to the dynamic world India today is in than the word 'socialism'.'
Human memory about policy issues is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor 'doing business' climate, taxtortion, extortionate oil prices, and high dependence on babus and the big State that has kept the enterprise system stifled, observes Debashis Basu.
Negotiators from nearly 200 countries have accepted a new climate agreement after the COP26 summit in Glasgow concluded its extra time plenary on Saturday with a deal, which recognises India's intervention for the world to 'phase down' rather than "phase out" fossil fuels.
'Azim Premji has given away about one-and-a-half lakh crore rupees of his wealth.' 'Most of us will not even know what that sum actually means.' 'To put it into context, it can fund India's health budget and education budget,' points out Aakar Patel.
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