The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more for the same quantity and price. However, it is a boon for the exporters as they receive more rupees in exchange for dollars. The rupee depreciation has wiped away some of the gains that would have accrued to India from international oil and fuel prices dropping to pre-Ukraine war levels.
'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'
Communication skills, negotiation skills, social skills, etiquette, behavioural skills, etc, should be part of your learning. Develop confidence because that's the key to success, advises rediffGURU Archana Deshpande.
He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.
Condolences have poured in from across the globe, including from the United States, Canada and Sri Lanka following the demise of former Prime Minister Manmohan Singh.
Batting for a fresh look at the reservation policy, Supreme Court judge Justice Pankaj Mithal on Thursday referred to a 1961 letter by Jawahar Lal Nehru in which the former prime minister lamented the habit of giving reservations and privileges to any caste or group.
'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'
His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
Ending the logjam persisting for 42 days in the wake of the rape and murder of a young doctor at RG Kar hospital, the agitating medics withdrew the 'cease work' after holding a march to the Central Bureau of Investigation (CBI) office in Salt Lake in Kolkata from the state health department's headquarters, where they had been demonstrating for over a week.
The share of women employed in regular salaried jobs in urban India hit a fresh low in the January-March quarter (Q4) of 2023-24 (FY24). In the same period, the share of women engaged in self-employment went up. An analysis of the latest quarterly Periodic Labour Force Survey (PLFS) data showed the share of women in regular wage work among all employed women stood at 52.3 per cent in Q4FY24, down from 53 per cent in the previous quarter.
'It was Maulana Azad's foresight which created the IITs, UGC, science academies across the country.'
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
Images that should keep you grinning for days on end.
He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
He hinted that the same hue and cry is not made about 1984 riots not being in textbooks.
...and say bye to the humanities-science divide, says Ajit Balakrishnan.
The assembly also witnessed a brief adjournment after the ruling alliance members pointed to remarks of Jarange and alleged there was a conspiracy to create unrest in the state.
The country's largest private lender HDFC Bank on Saturday reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore in the April-June quarter compared to the previous January-March quarter. The city-headquartered lender, which merged its mortgage major parent HDFC into itself in July last year, had reported a net profit of Rs 17,622.38 crore in the March quarter. On a standalone basis, the net profit declined to Rs 16,174.75 crore in April-June 2024-25 from Rs 16,511.85 crore in January-March 2023-24.
US Vice President Kamala Harris, who is of Indian and African heritage, has formally secured the Democratic presidential nomination becoming the first Indian-American to win the nomination from a major political party, and chose Minnesota Gov Tim Walz as her running mate on Tuesday.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
New initiatives to boost cooperation to ensure stability in the Indo-Pacific, ways to find peaceful solutions to the conflicts in Ukraine and Gaza and addressing concerns of the global South will be the focus of Prime Minister Narendra Modi's three-day visit to the US beginning Saturday.
Many factors like women, caste combination, education qualification, age and performance of the legislators will be taken into consideration before the formation of the Yogi government 2.0, sources said on Thursday. Several rounds of meetings have taken place within the party after the poll results came out on March 10.
'If there is one thing our politicians, especially those with their ear to the ground, understand, it is the reality that their voters want three things from their children's schooling: English, English, English', notes Shekhar Gupta.
The Congress's student and youth wings took to the streets in the national capital on Thursday over alleged irregularities in the conduct of the NEET-UG and UGC-NET exams, with NSUI members forcefully entering the NTA headquarters and locking its office, and the IYC staging a huge protest at Jantar Mantar.
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
The representation of women in the ongoing Lok Sabha polls continues to remain dismally low, as only about 12 percent of the candidates in the fray in the fifth phase are female, according to an analysis by poll rights body ADR.
'I came into politics to bring a smile on people's faces.'
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
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Will Lieutenant Governor Manoj Sinha, who gets his orders from New Delhi, call the shots or allow a democratically elected government to independently govern, questions Ramesh Menon.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
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Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
'This is the victory of the people of Gujarat who want real development, not the hype of development.'
Jana Novotna, who lifted the Wimbledon title 26 years ago in 1988, tragically died in 2017 following a battle with ovarian cancer aged 49.
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