India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
Amidst a resurgent COVID-19 pandemic, nearly 100 million people have already cast their ballots in early voting, putting the country on course for its highest turnout in a century. Some 239 million people are eligible to vote this year.
The Reserve Bank on Monday asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India (RBI), the central bank said in a circular. "In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR, it has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR," it said.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
In outbound travel, India will be ahead of Italy, South Korea, Australia, Canada and France.
Former New Jersey Governor Chris Christie and a Republican presidential aspirant have called his fellow rival Indian-American Vivek Ramaswamy a guy who sounds like ChatGPT and described him as an "amateur" Barack Obama.
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
Ramaswamy was a distant fourth with 7.7 per cent of the votes polled in the Iowa Caucus
The US, he said, rejects any Chinese claim to waters beyond a 12-nautical mile territorial sea derived from islands it claims in the Spratly Islands (without prejudice to other states' sovereignty claims over such islands).
To expand operations in the South America region, IT major Satyam Computer Services has opened a multi-lingual development centre, named 'Satyam Latam Center' in Sao Paulo.
Colombia climbed into second place in South America's World Cup qualifying group after holding leaders Argentina 0-0 on Friday, while Chile did their chances of reaching the finals no harm with a win in Paraguay.
Former United States president and Republican presidential nominee Donald Trump on Thursday refused to debate with his Democratic rival and Vice President Kamala Harris until the Democrats formally decide on their nominee, whereas the latter said that she is ready for a debate.
Prominent Indian-American politician Nikki Haley launched her presidential campaign on Tuesday, becoming the first Republican to challenge former US President Donald Trump in his 2024 bid for the White House.
While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office said.
The governor's move has been welcomed by a large segment of the Indian-American community who were opposing the bill.
Global business process outsourcing in the financial services sector has the potential to reach a market size of $250 billion, with India playing a key role, says a study by global consulting and research firm Everest Group.
The T20 World Cup in the US is a 'landmark event' and there is huge excitement among the diaspora as well as across America, said Consul General of India in New York Binaya Srikanta Pradhan.
The cricket World Cup could be staged for the first time in the USA with some matches of the T20 World Cup 2024 likely to held at Central Broward Regional Park.
Hardik likely to return for Afghanistan T20Is next month and Dravid's contract to be discussed after South Africa tour, BCCI secretary Jay Shah told media on Saturday.
For instance, Tata Consultancy Services recently won a $200 million deal in Mexico, Wipro announced the opening of a development centre in Australia, and Infosys announced the setting up of 'The New Growth Engines' business unit in Latin America.
A European nation is set to win the World Cup for the fourth time in a row this Sunday and in doing so confirm an unprecedented dominance for the Old World over their once mighty rivals in South America.
Rohit, who will also captain the side, will be expected to carry on with his ultra aggressive approach in the powerplay like he showed in the ODI World Cup.
'Having India as a credible deterrent vis-a-vis Chinese ambitions in the Indian Ocean and South Asian region is a desirable short-term outcome.'
Injured T20I captain Hardik Pandya is unlikely to be available for India's upcoming five-match series against Australia, starting November 23. The star all-rounder will require more time to recover from his left-ankle ligament tear.
The high definition Blu-ray and Blu-ray 3D editions of the classic film about friendship and family ties, is expected to be a chart topper not only this week but for several weeks ahead.
This may be in line with Russia's private military company, Wagner Group, which was controlled until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Putin. The group used the infrastructure of the Russian Armed Forces.
China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a major policy speech on the economy in the key early primary State of New Hampshire on Friday.
FIFA must be kept on its toes and needs new blood, Asian soccer chief Mohamed Bin Hammam said on Sunday as he took his campaign for the presidency of soccer's governing body to South America.
This occurs only when the Sun, Mercury and the Earth lined up in one plane. It appears as a dot on the disc because its angular size is very small compared to that of the Sun as seen from the Earth.
American talk show host Rush Limbaugh has shocked the Catholic Church by accusing Pope Francis of preaching Marxism.
Going all out to market the all new Alto 800, pricing the base variant of the new car lower than the outgoing model, Maruti Suzuki India Ltd (MSIL), today said it will start exporting the car from Gujarat's Mundra port from December this year. The first export market is likely to be Chile in South America.
Lionel Messi guided Argentina past a tough Uruguay side in the final half hour with two brilliant goals for a 3-0 win on Friday that keeps them top of South America's World Cup qualifiers.
Photos of the World Cup final match between Germany and Argentina.
Two-wheeler exports from India have decreased by 20 per cent year-on-year (Y-o-Y) to 1.69 million units in the first half (H1) of 2023-24 (FY24) due to a challenging geopolitical situation and foreign exchange (forex) crises in key markets such as South Asia, industry body Society of Indian Automobile Manufacturers (Siam) said on Monday. On the other hand, passenger vehicle (PV) exports in H1FY24 increased by 5 per cent to 336,754 units because the key markets are much more diversified worldwide, Vinod Aggarwal, president, Siam, told reporters during a press conference. The Russia-Ukraine war, which started in February 2022, has brought significant instability to global fuel prices.
Presenting an interactive quiz on the greatest sporting show on earth.
German club Mainz 05 are ready to offload Gonzalo Jara after the Chile international whipped up a storm at the Copa America by sticking his finger up the backside of an opponent before falling to the floor theatrically when the player retaliated.
Images from the FIFA World Cup group fixtures between Costa Rica and Uruguay and Colombia and Greece.
Arun Singh, India's ambassador to US, will retire in September.
We need fresh perspectives to assess our financial vulnerability.
The moon took on an eerie blood-red hue on Tuesday during the first total lunar eclipse of 2014, a celestial sight that wowed potentially millions of stargazers across North and South America.
