This is the highest closing for both the indices since May 15.
India on Wednesday launched a determined bid to diversify its export basket to China by roping in major corporates, including L&T, Ranbaxy, TCS and NIIT, to showcase their technological prowess in the world's most dynamic market.
With launch of second plant in Gujarat, company gets ready to take on peers
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
Pakistan-based terrorist outfits like Lashkar-e-Tayiba are likely to turn their attention to India with the drawdown of US forces from Afghanistan, a top Pentagon commander has told lawmakers.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
'Vodafone Idea has losses running over Rs 10,000 crore in the last four quarters.' 'It has long-term debt of about Rs 1.15 trillion.' 'Even post-issue, the debt service numbers won't be good,' points out Devangshu Datta.
Emphasising on building a "peaceful neighbourhood", Pakistan Prime Minister Nawaz Sharif on Tuesday said his country is committed to engaging India for peaceful resolution of all outstanding issues, including Kashmir, through sustained dialogue.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
Modi will arrive in France on Thursday evening and straightaway head for talks with Macron, who will also host a working dinner for the visiting leader.
Wipro Chairman Azim Premji is amongst Fortune magazine's list of 25 most powerful business leaders outside the United States.
'Fiscal purists would quarrel with the idea of selling assets to pay for current expenditure -- such as the payout to farmers and the health insurance programme -- for the obvious reason that the process cannot go on forever.' 'At some point, the list of assets available for sale will run out,' notes T N Ninan.consultations -- something already aired in connection with the lease of airports to the Adani group, says T N Ninan.
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
The UK voted to leave the European Union after 43 years.
Asserting that "maritime muscle flexing" by some countries and other factors have made the Indo-Pacific region "more contested and more volatile," naval chief Admiral Sunil Lanba on Tuesday said that the Indian Navy has its task cut out as it has been a major security provider in the region.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
The amendment urges the US to enhance India's military capabilities in the context of combined military planning, and promote co-production/co-development opportunities.
'What matters is that India's perspective on global issues -- climate change, intellectual property, free trade, trade routes being kept free, digital technology -- are listened to with respect,' says Ambassador B S Prakash.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Infosys said it is in discussion with over 10 institutions globally for deploying the solution
The two sides signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.
Economic Survey says Services Sector Negotiations at WTO Crucial.
The fall in crude prices has added to the gains.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
Barca, who were without injured talisman Lionel Messi, started on the back foot and fell behind when Nabil Fekir netted with a sublime angled strike in the 15th minute. Griezmann, who joined Barca last month from rivals Atletico Madrid, scored four minutes before halftime to level the scores.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Refusing to budge from its tough stand on food security issues, India pressed for a fair and balanced outcome of the WTO ministerial meeting in Bali.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
'These online dynamics stem from offline India, where pressure to get married by a certain age is generally greater on girls than on boys,' says Ashish Sharma.
FMCG major HUL has posted biggerprofit on improved demand.
India is perceived to be a powerhouse for investment in coming times.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
