India may be hit if stalemate in Washington persists over two weeks.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
The fuzziness of Trump's economic blueprint remains the biggest risk.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Although there are serious risks facing the US economy in the coming year, there is also a good chance that growth will be substantially stronger than it has been since before the recession began.
Both statesmen possess a cultivated pugnacious style which they keep in reserve and can at will bring into play, and despite the mutual distrust in Russian-American relations, they are proponents of detente, quintessentially, who take their mission deadly seriously, points out Ambassador M K Bhadrakumar.
Indian-origin Dr Vivek H Murthy expresses his reservations on marijuana, now legalised in two US states
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
46-year-old Robert Bowers, yelled "all Jews must die" before gunning storming into Synagogue was charged with 29 counts of federal crimes of violence and firearms offense
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
Noting that the US energy dominance will be declared a strategic economic and foreign policy goal, Trump said America has 1.5 times as much oil as the combined proven resources of all OPEC countries
If elected president, the Republican nominee said he would declare China a currency manipulator, cancel payments to United Nations for combating climate change and renegotiating NAFTA.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
The chief of America's Federal Communications Commission is not a fan of net neutrality. So what's his vision of communications and digital policy in these times?
'China was the elephant in the Oval Office and Trump would have sensed that Modi's foreign policy architecture has become disoriented sans the US' pivot to Asia,' points out Ambassador M K Bhadrakumar.
The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.
Every year Fortune honours 10 innovators, groundbreakers and game changers as 'Most Powerful Women Entrepreneurs'.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
The Prime Minister's Office has made clear Modi's wishes that the reception planned for him at New York's famed Madison Square Garden should not carry the imprimatur of any community organisation, but be under the auspices of a 'Reception Committee for the Prime Minister of India.' Aziz Haniffa/Rediff.com reports.
'I know of at least one techie who quit his job to join the AAP in Delhi. Many others traveled to India to volunteer during the election. If you ask these volunteers why they were doing it when they can't even vote in India, they say, "We want a corruption-free India".' Ritu Jha looks back on the year that was; it was party time, she says, for news junkies like her.
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