Chinese rescuers on Friday lifted the cruise ship capsized in the mighty Yangtze river to one side using two salvage vessels and massive cranes with the death toll rising to 82.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
According to the Credit Suisse Global Wealth report, India has 1,800 ultra high net worth individuals -- 11th largest group globally, while the United States tops the chart with 62,800 UHNW adults (equivalent to 49 per cent of the global total).
Trump disclosed that he was to meet the Afghan President and senior Taliban leaders on Sunday at his Camp David retreat.
Impressive advances in the world's most populous countries, India and China, have been at the forefront of the reduction in global poverty, a World Bank panel has said.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
These images from across the globe show that it is a crazy world out there.
Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
Apple CEO Tim Cook, who is on his first official visit to India, tells NDTV's Vikram Chandra that the company's business plans for India can't be pitted against those for China, which is a very different market and where Apple did a "pretty big" business of $59 billion last year. Cook says his company
The immediate concern for the rupee is the sharp spike in oil prices
Here's your weekly digest of odd, crazy moments from around the world
Chinese President Xi Jinping has suggested five thrust areas to improve relations with India. It is likely all these issues, in addition to the points raised by Xi at Fortaleza, will be part of the joint declaration at the end of his visit to India, says Srikanth Kondapalli.
Moments that show it's an odd, odd world we live in.
Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.
'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'
'But Russia is well aware of Pakistan's nuisance power on its border.'
The euro climbed 1.3 percent against the yen to 135.60 and added 0.7 percent against the dollar to trade at $1.1115.
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
'I knew there was a huge business opportunity, but it was Dr Kalam who made me jump into it as an entrepreneur.'
The two new markets are overwhelmingly dominated by US ride-hailing giant Uber, which has been able to edge out local start-ups
India received $70 billion in remittances during 2014.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
'Every person has two identities in India, that of his caste and nation.' 'It is understandable in a multi-caste, multi-religious society and I don't mind this.' 'What I mind is the State has failed in doing enough to melt these two identities in such a way that everybody has access to citizenship which is more important than your caste.' 'That is why people remain in the narrow identities of his caste or religion.'
The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from its usual policy of going along with the crowd.
'It will be a competitive market more than ever due to the layoffs that have happened.'
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
'I think the markets will move up given that there will be more money.'
The surge in oil prices has also affected the rupee, which hit a 6-week low of 70.25 on Friday against the dollar.
The Chinese e-commerce giant has outlined its vision, but hasn't really explained the logic behind a recent spree of investments.
India asserted that it will strongly stand behind the Nepalese government which is seeking to "wipe the tears" of every Nepali.
Xiaomi plans to bring global component suppliers to India and this could potentially bring investment of at least Rs 15000 crore
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances