LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.
John Spencer, the chair of Urban Warfare Studies at US-based think-tank Modern War Institute, said India showcased its ability to strike any target in Pakistan "at will" and drew and enforced a "new red line" for cross-border terrorism under the operation that was launched early on May 7.
Fitch Ratings on Tuesday affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, saying the rating derives strengths from the country's robust growth outlook and still-resilient external finances. It said India's robust medium-term growth outlook is a key supporting factor for the rating. A clear improvement in corporate and bank balance sheets, which were under strain prior to the pandemic, is likely to facilitate a steady acceleration in investment in the coming years.
China and Russia on Sunday strongly condemned the United States air strikes on Iranian nuclear facilities, with China calling it a serious violation of the United Nations Charter that heightens tensions in West Asia, and Russia terming the strikes 'irresponsible' and asserting that they grossly violate international law, the UN Charter, and UN Security Council resolutions.
Outlining each visa adjudication as a "national security decision", the US has asked applicants to share their social media usernames or handles of each platform they have used in the last five years.
He clarified that though China has not announced any such move, but even if it happens, it would in fact help mitigate the annual Assam floods.
Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.
The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
"It is still not too late. India must speak clearly, act responsibly, and use every diplomatic channel available to defuse tensions and promote a return to dialogue in West Asia," Gandhi asserted.
A Reuters report stated that the high-profile meeting reflects Ambani's growing influence in global business and diplomacy. Over the years, Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in several Reliance ventures.
India on Thursday described the strikes by Hamas on Israeli cities as "terror attacks" but at the same time reaffirmed its long-standing position, advocating negotiations towards establishing a "sovereign, independent and viable" State of Palestine living side-by-side at peace with Israel.
'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'
The move comes a few days after the Yunus-led government dropped the portrait of the country's founding father and deposed prime minister Sheikh Hasina's father Mujibur Rahman from new currency notes.
A court in New Delhi has sent Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, to 18 days of National Investigation Agency (NIA) custody. The court cited the need for sustained interrogation to uncover the extent of the conspiracy and the involvement of multiple targets across India, including New Delhi. Rana, a Pakistani-origin Canadian businessman and close associate of 26/11 conspirator David Coleman Headley, was extradited to India after the US Supreme Court dismissed his review plea against his extradition.
Prime Minister Narendra Modi's energy, dynamism and willingness to engage remains a 'prime asset' for India on the global stage but deserves greater backing, Congress MP Shashi Tharoor said on Monday, in remarks that are likely to irk his party and widen the growing cracks in his ties with its leadership.
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.
Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.
Bangladesh's interim government on Wednesday dismissed as 'completely baseless' and 'misleading' the media reports that claimed it has dropped the 'Father of the Nation' title for Sheikh Mujibur Rahman and revised the definition of freedom fighter.
The Centre has defended in the Delhi high court its decision to cancel the overseas citizen of India (OCI) card of United States-based journalist Raphael Satter saying he maligned Indian institutions in the international arena through journalistic activities.
Micronations are small, self-proclaimed nations that claim to be independent or sovereign states but are not reconginsed by international organisations.
Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.
'Such unpredictability is motivating families to seek destinations with a more stable educational system.'
'Although China has been ruling over Tibet for past 75 years, it has no legitimacy.'
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
Fitch on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook, on robust growth and resilient external finances, but said weak public finances remain a challenge. India's rating has been unchanged at 'BBB-', which is the lowest investment grade, since August 2006. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," it said in a statement, adding strong growth potential is a key supporting factor for the sovereign rating.
'Will this near-war, India's strongest military response so far, buy India another seven years of deterrence?' asks Shekhar Gupta.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
The need for NavIC was cemented after India was denied access to crucial navigation data from global providers during the 1999 Kargil War.
India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.
Referring to the enactment of the Chhattisgarh Auxiliary Armed Police Force Act, 2011 which created a trained force to aid and assist the security forces in maintaining law and order in the state, the bench said in its view it cannot be said to be an act of contempt of the order of 2011 passed by this court.
India has always led in developer talent and now has a strong opportunity to lead in AI talent, OpenAI Global Chief Strategy Officer (CSO) Jason Kwon said on Thursday as the ChatGPT-maker launched OpenAI Academy in partnership with IndiaAI Mission.
ECB chief executive Richard Gould said they would not support a proposed global Twenty20 league bankrolled by Saudi Arabia.
Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
