Foreign exchange reserves of eight Asian countries have depleted by a record $36 billion in August alone, as foreign investors pulled out money and central banks were seen using the reserves to prop up falling local currencies.
Asian Games Athletes' Committee poll: Saina set to win uncontested
'One is not allowed to smoke on the sets of a Hollywood film even during a break.' 'When I asked an assistant to suggest some place where I could light a cigarette, he recommended the bad boys' corner -- where Jack Nicholson smoked.' 'However, I hesitated.' 'But when I was heading back to my chair after the shot, Jack Nicholson asked me if I wanted to join him for a smoke. We had a long conversation over cups of cappuccino.'
Bhutia calls for systemic overhaul, urges India to follow Asian football models
Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.
Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel and Kotak Mahindra Bank were among the biggest gainers. Tata Motors, Adani Ports and Sun Pharma were the laggards.
South-east Asian countries are emerging as preferable destination for India's pharma companies to expand their business as they share similar patient population and disease profile and moreover, have a conducive environment for their operations like easy market approach without any regulatory uncertainty, the survey of Indian pharma firms highlighted.
From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.
Bookstore owners were cautioned against keeping or distributing the books. Police personnel briefed the bookstore owners about the legal consequences of violating the ban.
Among Sensex firms, Tata Consultancy Services, Adani Ports, Hindustan Unilever, Nestle, Bajaj Finserv and NTPC were the laggards. IndusInd Bank, Titan, Mahindra & Mahindra and Maruti were among the biggest gainers.
US President Donald Trump announced a deal with Pakistan to develop its oil reserves, suggesting Pakistan might sell oil to India in the future.
Chinese President Xi Jinping told Prime Minister Narendra Modi that India and China should approach their relations from a "strategic" and "long-term perspective" during their talks in Tianjin. Xi also emphasized upholding multilateralism and working towards a multipolar world.
'With the US having entered the war, raising the risks of a wider conflict, those impacts could be even more damaging.'
From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers. In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.
On the other hand, Bharat Electronics, Kotak Mahindra Bank and Axis Bank were the laggards. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled higher.
US-based telecom network software and services provider, Telcordia Technologies said on Wednesday its development centre set up at Chennai will cater to the domestic market and other countries of South East Asian region.
From the Sensex firms, Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank were among the major laggards. However, Trent, State Bank of India, Bharat Electronics, Titan and Bajaj Finserv were among the gainers.
Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.
The Chennai-based information technology company Polaris Software Lab is looking at establishing a new office in China, which would help the company consolidate its presence in the South East Asian market.
From the Sensex firms, Adani Ports, Bajaj Finance, Tech Mahindra, IndusInd Bank, Nestle and Tata Steel were among the major laggards. In contrast, Mahindra & Mahindra, Titan, Larsen & Toubro, Bharti Airtel and Maruti were among the gainers.
Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55.
If the US' renewed closeness with Pakistan ends up strengthening Pakistan's military, it will clearly show that Washington no longer wants a strong India and could be ready to let China dominate Asia, notes Colonel Anil A Athale (retd).
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
Lending support for India's ambitious Nalanda University project, six countries on Thursday began the process of signing inter-government agreements to pledge their commitment for this academic institution.
He also reiterated India's strong support in the fight against terrorism with Sri Lanka, which saw the country's worst terror attack on Easter Sunday.
Aiming to give fillip to India's Look East policy, Prime Minister Manmohan Singh is expected to announce new initiatives to take forward ties with the ASEAN by setting up a mission and appointing an ambassador for the 10-member grouping.
The United States on Friday said it wants India to work for encouraging democratic reforms in Myanmar and suggested that New Delhi has already begun playing an active role in the South East Asian country.
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
"We will intensify our engagement with Association of South East Asian Nations, China, and India to press the Burmese leadership to reform and to participate responsibly in the international community," Assistant Secretary of State for East Asian and Public Affairs, Kurt Campbell said.
'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
The post further read that "at a moment of heightened regional turbulence", President Trump "demonstrated great strategic foresight and stellar statesmanship through robust diplomatic engagement with both Islamabad and New Delhi," Dawn reported.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
Due to the over-heating of the valuations of companies in India, private equity player Electra Partners is giving greater emphasis to investments in South East Asia.
In a joint appeal on Saturday, the community leaders and local politicians from the eastern England region described Leicester as a great place to live and work and called for solutions to the 'hate-filled violence.'
China will build its first long-term underwater observation platform in resource-rich South China Sea, where it has territorial disputes with many south-east Asian countries including Malaysia, the Philippines and Vietnam.
