Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday. Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017. Walmart continues to top the Fortune list with a revenue of $524 billion, followed by China's State Grid at $384 billion.
'The richness of Buddhism makes it possible for us to create these stories and to interpret them.'
Russian President Vladimir Putin arrived in Beijing on Friday for the 2022 Winter Olympics and a meeting with Chinese President Xi Jinping, bringing with him a deal to increase natural gas supplies to China amid rising tension with the West.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The Chinese are retaining geostrategic pressure on India by keeping troops there and building infrastructure continually.'
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.
A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
Aseem Chhabra watched some great films and some huge disappointments in 2021.
The Indian and Chinese armies have been locked in a bitter standoff at multiple locations in eastern Ladakh for over eight weeks since May 5.
Chinese observers forecast that whether it is Trump or Biden, they are expected to follow tough and hardline policies towards Beijing as part of US efforts to contain the rise of China.
Trump on Sunday questioned the relevance of continuing the "One-China" policy if Beijing refuses to make any concessions on trade and other issues.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
The remarks of White House Press Secretary Jen Psaki came ahead of the 14th round of military-level talks between India and China on the 20-month row in eastern Ladakh.
China, who have yet to lose a single badminton match to another nation at the Tokyo Olympics, won gold and silver in mixed doubles on Friday after Wang Yilyu and Huang Dongping beat favourites Zheng Siwei and Huang Yaqiong 21-17, 17-21, 21-19.
US Vice President Kamala Harris would host a separate meeting with the prime ministers of three Quad countries -- India, Australia and Japan -- at the White House to discuss with them the important factors for democracies to go forward, officials said.
India's Satwiksairaj Rankireddy and Chirag Shetty outclassed Hiroyuki Endo and Yuta Watanabe of Japan in straight games to enter the men's doubles final at the French Open.
'Under General Secretary of the Chinese Communist Party (CCP) Xi Jinping, Beijing has stepped up its aggressive foreign policy toward New Delhi. Since 2013, China has engaged in five major altercations with India along the Line of Actual Control (LAC),' said a brief issued by US-China Economic and Security Review Commission.
Norway nabbed the first gold medal of the Winter Games on Saturday
Speaking on condition of anonymity, the official asserted that US President Donald Trump, during his presidency, has really strengthened all aspects of the US-India security and defence cooperation to build a comprehensive, enduring and mutually beneficial defence partnership.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
The first priority for the new Tibetan administration in Dharamsala should be to look at Tibetan recruitment in the PLA, suggests Claude Arpi.
India's biggest car maker Maruti Suzuki said on Tuesday that its vehicle production in September will tumble by 60 per cent due to chip shortage. The company, which had earlier cut down production at its Gujarat plant, said the chip shortage will hit production in Gurugram and Manesar plants, effectively forcing the automaker to cut production by 60 per cent. Owing to a supply constraint of electronic components due to semiconductor shortage, the company is expecting an adverse impact on vehicle production in September in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat Pvt Ltd. (SMG) in Gujarat.
Israeli Prime Minister Naftali Bennett was among the first to congratulate Dolgopyat praising the 24-year-old for making "blue and white history".
"The message is clear. We're not going to stand by and let China or anyone else take the reins in terms of being the most powerful, dominant force, whether it's in that region or over here," White House Chief of Staff Mark Meadows told Fox News.
China hiked its annual defence budget by 7.1 per cent.
'The PLA has continued to do exercises and drills and recently carried out air exercises with fighter jets.'
Aseem Chhabra watched some great films and some huge disappointments in 2020.
By the year 2027, which marks the centennial of the founding of the People's Liberation Army, China will build a fully modern military, a goal that is in alignment with the national strength and will fulfil the future national defence need, state-run Global Times quoted Chinese analysts as saying.
A 6.6 magnitude earthquake struck off the coast of Taiwan early on Monday, the United States Geological Survey reported. A tsunami as big as three feet was reportedly forecast to hit islands in Japan's far south.
Haley said there is a need to closely watch China as it is making a move to take over the Bagram air force base that was controlled by the United States for nearly two decades.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
Lovlina Borgohain will be in pursuit of history when she takes on reigning World champion Busenaz Surmeneli of Turkey in the Olympics boxing 67 kg semi-finals, in Tokyo, on Wednesday.
Scheduled to be held in Denmark from October 3 to 11, the Thomas and Uber Cup will mark the resumption of international badminton after it was brought to a halt in March because of the dreaded virus.
Ahead of the Quad summit on Friday, China said exchanges and cooperation between countries should contribute to mutual understanding rather than "targeting" a third party and refrain from "pursuing exclusive blocs".
The Chinese coercion and aggression spans the globe, but it is most acute in the Indo-Pacific, it said.
Star Indian shuttlers P V Sindhu and Kidambi Srikanth fought their hearts out before suffering close defeats in their respective group 'B' openers at the US$ 1.5 million HSBC BWF World Tour Finals, in Bangkok, on Wednesday.
