India always faces a Hobson's choice as far as feeding coal-fired generators goes - even if the government is reluctant to admit it. The country cannot do without shipping in the world's most polluting fuel from overseas. And it will continue to do so unless it decides to reduce demand by forcing citizens, farmers and businesses to live without electricity for part of the day, or use diesel generators to fire facilities.
External affairs ministry spokesperson Arindam Bagchi said at a media briefing that 1,396 Indians were brought back home in six flights in the last few days as part of the evacuation mission.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
Tirumurti said India 'has been in touch with all concerned parties. It is our considered view that the issue can only be resolved through diplomatic dialogue.'
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
The intensity of power crisis this season has hit a new high with average coal stock dipping to less than eight days. The first of a pan-Indian series, based on a ground report, shows how the Manesar industrial hub is coping with the challenge. As the scorching heat wave and the lengthy power cuts intensify in Haryana, the usually bustling labour chowk of the Industrial Model Township (IMT) of Manesar wears a deserted look.
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
With inflation remaining at elevated levels, central banks around the world, including the Reserve Bank of India (RBI), will kill excess demand in economy over the next six to eight months, sources in the know said. They also indicated that there could be a rate hike in June, when the inflation forecast for the current financial year would be raised. The RBI, the sources said, might announce more steps such as raising the limit on held-to-maturity (HTM) bonds to support government borrowings but might not come out with any further quantitative easing GSAP (Government Securities Acquisition Programme) measures.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
India's Permanent Representative to the UN Ambassador T S Tirumurti said India remains on the side of peace.
In its scheme of things, tackling inflation now comes ahead of ensuring growth in the world's sixth largest economy, points out Tamal Bandyopadhyay.
'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'
'If you are invested in mid-cap and small-cap stocks, even if you are making losses right now, it is better to sell them now and sit on cash.'
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
Jaishankar said all members would agree that India's approach should be guided by its national beliefs and values, national interest and by its national strategy.
'In many cases, I didn't take money because the Indian students had run out of cash.' 'The biggest high was the blessings that these students's parents used to give me on the phone or send messages thanking me on WhatsApp.'
'... as has been happening in the last three weeks, then the foreign exchange reserves will not be comfortable to ensure that the rupee does not fall drastically.'
The Supreme Court on Friday took note of the Centre's submission that it has evacuated 17,000 stranded Indians from the conflict zone in Ukraine, saying it appreciated the efforts but was concerned about the anxiety of people.
'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'
Earlier on Sunday, Macron spoke with Biden and Putin on the Ukraine situation.
Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
Hitting out at Prime Minister Narendra Modi over the issue of tax cuts on petroleum products, Tamil Nadu Chief Minister M K Stalin on Thursday said people were aware of the fact behind the issue and pointed out at his government effecting a Rs 3 a litre cut on petrol earlier.
'No matter how big the name, no one lives forever; like medicines, we come with an expiry date.' 'But, in the short time that we have, we try to make something that will stay on long after we are gone.'
Beijing will be intently watching Washington's response for any hint of weakness. Xi Jinping, who feels China has a limited window of strategic opportunity, will be emboldened to take additional initiatives in the Indo-Pacific and specifically against India and Taiwan, warns Jayadeva Ranade, the former senior RA&W officer and China expert.
Putin justified his decision in a speech blaming NATO for the current crisis and calling the US-led alliance an existential threat to Russia.
'Putin is in danger of losing face in his Ukrainian adventure. His bluster is a response to this.'
'War is never a solution. It's nothing but real estate business I am against any kind of violence.'
Russia's main gain will be that in geopolitical terms, Ukraine regains its sovereignty and ceases to be a de facto American colony, observes Ambassador M K Bhadrakumar.
'This is a good time to restructure your portfolio because the sectors and stocks that performed in the last bull market may not perform as much now.'
'This, together with Chinese revisionism, will constitute the major test of the international system.'
After a strict lockdown impacting sales, India has returned to the growth path again, Anglo-Dutch FMCG major Unilever has said. The return of growth of India business, along with Brazil and continued recovery in China, helped the company's emerging markets clock a growth of 5.3 per cent in the September 2020 quarter.
'The staff student ratio in Kerala medical colleges is already compromised as in the last few years, the Kerala government has taken a decision to admit maximum number of students in all the medical colleges.'
In its sheer audacity, the initiative with Russia has the potential to transform world politics in the same way as the 1972 Nixon visit to China and 'Shanghai Declaration' changed world dynamics, says Anil Athale.
Terming the crash of a Malaysian airliner in eastern Ukraine as a "terrible tragedy", US President Barack Obama said officials were trying to establish if any Americans were on board.
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Russia, Ukraine, Brazil, UAE, Jordan, Kenya, Fiji, Finland, Australia, South Korea, Singapore, Mauritius, Mexico, Norway, Oman and Philippines are among the countries which have got the e-visa facility in the first phase.
India's doctrinal policy shift in combating terror by carrying out the Balakot air strikes inside Pakistan, appointment of a Chief of Defence Staff and hastening work on military modernisation marked a new beginning in 2019 in dealing with complex security challenges.
Several German government websites,including Chancellor Angela Merkel's official page, have been crippled in an unprecedented cyber attack claimed by a pro-Russian group demanding that Berlin sever ties with the regime in Ukraine, just ahead of their leaders' meet.
Tracking local stocks, rupee on Tuesday regained 19 paise to end at 61.85 against dollar as reports of easing geopolitical tension between Russia and Ukraine helped emerging market currencies script a smart recovery.
