'If you behave like a nail, the adversary will behave like a hammer.'
The Quad has come of age and its agenda covering areas like vaccines, climate change and emerging technologies makes it a force for global good, Prime Minister Narendra Modi said at the first summit of the coalition. In his opening remarks, he also talked about shared values and promoting a secure, stable and prosperous Indo-Pacific.
Friends of India in the US hope that New Delhi will receive a presidential waiver, given that Trump Administration has recognised India as a major defence partner and is in advance stage of selling billions of dollars' worth of equipment to India in the next few years.
US President Barack Obama on Thursday said his administration is upping effort to remove trade barriers and create new market for American businesses, especially their presence in "some of the most dynamic markets in Asia".
ICICI MF recently filed for an ETF that will track the Nifty Alpha Low-Volatility 30 Index. It is part of the suite of smart-beta indices with the NSE, with the portfolio designed using a combination of two factors.
Navinder Singh Sarao used a couple of fairly simple techniques.
The 58-page Republican manifesto released by the party after its formal approval said that Indian ancestry had made notable contributions to the US.
However, the RBI is still not in a mood to issue an OMO calendar, which was the expectation in some sections of the market.
Assets under management with the mutual fund industry jumped a whopping 41 per cent in fiscal 2021 to Rs 31.43 lakh crore, despite a minor 1 per cent decline in March, says a report. The 1 per cent decline in assets on monthly basis in March was because of net outflows from open-ended debt funds, even though open-ended equity funds for the first time in June 2020 recorded net inflows, according to the industry data collated by Crisil on Friday. Marc saw net outflows of Rs 29,745 crore, taking down the industry's asset base to Rs 31.43 lakh crore, down from the record high of Rs 31.64 lakh crore in February, registering a whopping 41 per cent growth in the fiscal 2021 over the previous fiscal, said Crisil, adding cumulative inflows equalled Rs 2.09 lakh crore.
Let's take a look at countries that will see biggest jump in exports.
'The blockbusters are unlikely to be launched in 2020.' 'They will move into the 2021 cycle when confidence level among people will be higher.'
Senior Democrat leader Chuck Schumer asserted that the president is not ready for "primetime".
With a view to advancing the US trade agenda and strengthening relations with Asian countries, the Deputy United States Trade Representative Karan Bhatia will visit India, Taiwan and Vietnam later this month.
Admiral Colombage said that President Gotabaya Rajapaksa would have an India first approach as the key to strategic security.
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.
American business should adapt to India's messy regulatory and tax environment or risk losing trade deals to its competitors.
Equity mutual funds witnessed an outflow of Rs 9,253 crore in January, making it the seventh consecutive monthly withdrawal, primarily due to profit booking and portfolio rebalancing amid markets touching new highs. The pace of outflows from equities has however slowed for the third month and Gautam Kalia, head - Investment Solutions, Sharekhan by BNP Paribas said that it will likely turn positive soon as investors get used to the new normal. In addition, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.
'Our air force can strike them with impunity.'
The most significant growth was recorded by carriers in the Asia-Pacific and West Asian regions at 5.9 per cent and 12.9 per cent respectively. Carriers in these regions captured the vast majority of the global increase (93 per cent).
Investors should look at actively managed funds, says Devangshu Datta.
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
How long will the RBI allow the government to borrow cheaply? A change in policy direction will see rates climb and bond values fall. Investors in debt funds are therefore at risk, as are people invested in the heated stock market, warns T N Ninan.
The prime minister also welcomed convergence of views between India and ASEAN for cooperation in the Indo-Pacific region.
In the last five years of NDA rule, 2018-2019 was the worst for exporters.
India has emerged as the fastest growing nation in the global services trade and contrary to popular belief, the country's import growth in commercial services has outpaced exports in 2006, a WTO report said.
A seven-city European roadshow by the Abu Dhabi Tourism Authority (ADTA) looks certain to reap dividends by the end of the year, even as Emirate plans a similar event in India.
KC Chakrabarty, deputy governor of RBI, speaks to Business Standard on inflation and a host of other issues.
The discussion will focus on the growing trade and investment between the two countries.
The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.
In June, flydubai doubled its network in India with the start of flights to Delhi, Kochi and Trivandrum.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
After a sharp sell-off in the past two months, overseas investors were once again seen turning bullish on Indian equities. FIIs bought shares worth Rs 63.5 billion in the past five sessions, their highest weekly investment tally in many months.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
Although companies have been able to tap bond markets, the recovery of global financial markets is shaky
'There is no tried and true recipe for creating Silicon Valleys.' 'Attracting and creating a mass of truly dynamic entrepreneurs is at the core and among the hardest and most necessary ingredients.' 'In the US, close to 60% of the top valued tech companies were started by immigrants who found the start-up climate to be superior to where they came from.' 'India would clearly benefit from attracting back its talented Diaspora, but it also needs to hold onto those entrepreneurs.'
