'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'
The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.
The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
In his first meeting with Bangladesh Chief Adviser Muhammad Yunus, Prime Minister Narendra Modi on Friday flagged concerns over the attacks on minorities, including Hindus and conveyed that any rhetoric that vitiated the environment was best avoided.
This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
'We do not want to fall into a trap of uncontrolled escalation or all out conflict.' 'When the need arises we will do that.'
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
US President Donald Trump has signed an executive order extending the operations of TikTok, the Chinese-controlled video-sharing platform, by 75 days. Trump intends to pursue a resolution that protects national security while preserving the platform used by 170 million Americans. The order instructs the attorney general to refrain from enforcing a law that would have forced TikTok's parent company ByteDance to divest from the app or face a ban from US app stores. Trump cited the national security concerns posed by TikTok and the need to review sensitive intelligence related to these concerns. He also emphasized the importance of finding a resolution that protects national security without abruptly shutting down the platform.
Dr Ajay Kumar Sood will have to complete a task his predecessor started: Getting the government to sign off on a new Science, Technology, and Innovation Policy on which work was begun in 2020.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?
'If Pakistan has fired one bullet at us then we have to respond by firing 10 bullets at them. It is our right to do so.'
US President Donald Trump and Indian Prime Minister Narendra Modi met in Washington D.C. to discuss a range of issues including trade, defense, and energy. The two leaders announced plans to finalize "wonderful trade deals" for both countries, and Trump emphasized the need for India to purchase US oil and gas. Modi congratulated Trump on his second term and highlighted the importance of working together to further strengthen the India-US relationship. The meeting also addressed the ongoing conflict in Ukraine, with Modi reiterating India's commitment to peace.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
In his petition, Suri's lawyer said that he is being punished as his wife, who is a US citizen, is of Palestinian heritage and because the government suspects that he and his wife are against the US foreign policy towards Israel.
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.
The government has to specify what it intends to do with caste census data. It will be closely tracked if the government would simultaneously move towards removing the present 50% bar on reservations using means which are permitted in law. If this is not done, the entire exercise will become meaningless and could boomerang on the BJP, observes Nilanjan Mukhopadhyay.
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.
Foreign Secretary Vikram Misri on Monday called on Chinese Foreign Minister Wang Yi and discussed issues of bilateral interest.
The Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India.
Former National Security Advisor (NSA) Shivshankar Menon has stated that the political dynamics between India and Pakistan have resulted in a "controlled level of hostility" that benefits the ruling elites in both nations. Speaking at the Kerala Literature Festival, Menon described Pakistan as a "brand new state" still grappling with its national identity. He argued that India's foreign policy towards Pakistan is influenced by its domestic politics, resulting in an uneasy equilibrium characterized by a "controlled level of hostility." Menon also questioned the concept of a multipolar world, stating that the current global order is merely "confused." He emphasized that the United States remains the world's true military hegemon, while other nations, including China, are regional powers. Menon further argued that there is no binding international order, leading to a state of "between orders." He highlighted the absence of definitive international agreements on crucial issues in recent decades.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'
Adiga was a senior adviser to Jill and senior policy adviser for Biden's 2020 campaign. She previously worked for the Biden Foundation as director for higher education and military families.
The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.
'Countries like Israel said openly that they will hunt people down. We have no such policy.' 'We have always been following the legal process of getting them (people wanted by India) through extradition.'
Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. This revival follows significant outflows in the preceding months, with Foreign Portfolio Investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October -- the worst monthly outflow on record.
Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.
Buy from an established agent rather than a novice who may not be around when you need his assistance.
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'