He is only the agent that can bring them that change for they are quite aware that he has articulated no vision on how to set Pakistan back on the rails, notes Lieutenant General Gautam Moorthy (retd).
The Fed has said it wants to be "reasonably confident" in the inflation outlook before a rate hike.
The new Samvat 2080 is viewed as a year of hope for industrial and precious metals. A key reason is the expectation of US interest rates peaking, followed by a reduction in the coming months. Regarding crude oil, its trajectory depends more on how the situation unfolds in West Asia.
Fed is still concerned about weak export growth.
Roads are being expanded, bridges are being built, hotels are springing up, and the crowds are pouring in. Bringing with them promise of unforeseen economic boom. Ayodhya, it seems, has opened up its heart, Saisuresh Sivaswamy/Rediff.com discovers on his first day in the city.
After an extremely stable 2023, the Indian rupee started 2024 on a promising note and has turned out to be the best-performing Asian currency so far in January, appreciating 0.1 per cent despite 2 per cent rise in the dollar index. All other Asian currencies depreciated by around 1.4-4 per cent during the month. The local currency regained its ground against the greenback on the back of foreign portfolio inflows, said market participants.
'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'
Fed seen holding rates steady as investor confidence shakes
Holders Manchester City cruised into the Champions League quarter-finals for the seventh consecutive season with a 3-1 victory over FC Copenhagen.
Higher levels could not be sustained as participants offloaded their long positions in view of September series expiry.
Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors.
A significant number of flights were impacted at the Delhi and Mumbai airports in the last few days due to dense fog and low visibility conditions.
'The darker it is, the more our chances of emerging stronger in the light.'
Bullion may settle with limited upside potential
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
Russia retained their Fed Cup title on Sunday after Svetlana Kuznetsova beat Spanish number one Anabel Medina Garrigues in a thrilling match to take an unassailable 3-0 lead.
'Pandi was promised something, that is not happening, so his anger is not of a villain's.' 'That's how all normal humans would react, or they stay silent.' 'Our violence is our silence. So in this world, everybody is innocent.'
Outsiders France face a daunting task when they take on 2014 and 2015 champions Czech Republic at the Fed Cup final in Strasbourg this weekend.
Former world number one Amelie Mauresmo is stepping down as France's Fed Cup captain as she is expecting her second child, she said on Monday.
'Investors with higher risk appetite and longer horizon (more than one year) can invest in longer-duration funds like corporate bond funds, long-duration funds and gilt funds for maximum gain.'
Isha Lakhani and Ankita Bhambri won their singles matches against Philippines.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Govt sees little Fed hike impact on 'fortressed' Indian markets.
Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.
NITI is trying to partner with other knowledge institutions.
With the kind of money and talent that has gone into making this movie, a really good biopic of a personality like Savarkar could be made. But this film is lost in polemics, as is the case with almost every biopic and period drama today, observes Utkarsh Mishra.
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
Market breadth is positive with 942 advances and 196 declines.
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
The Czech Republic further established themselves as the dominant force in women's team tennis as they claimed a 3-2 comeback win against hosts France to capture their fifth Fed Cup title in six years on Sunday, and 10th overall. Karolina Pliskova and Barbora Strycova downed Kristina Mladenovic and Caroline Garcia 7-5 7-5 in the doubles to hand the visitors the decisive point. The nation won five titles as Czechoslovakia in the 1970s and 80s before dominating the women's team competition in recent years.
World No 1 Sania Mirza was, on Monday, named captain of the Indian team for next year's Fed Cup while two six-member squads were announced by the AITA selection panel for the South Asian Games.
Domestic fund houses are of the view that the US Fed's status quo stance on rates is a positive indication for RBI to lower its lending rates.
The US Fed also said that the unemployment rate too would rise to 5.7 per cent.
The chief beneficiary of the cycle of interest rate cuts and liquidity injections will be emerging markets, specifically Asia.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
India will begin their campaign by locking horns with China on Tuesday. Ankita has been in tremendous form since the start of the season, winning two ITF singles and as many doubles titles.
There is an authenticity and sense of purpose about Dry Day which is appealing, observes Deepa Gahlot.
'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'
Prime Minister Narendra Modi on Friday inaugurated the Rs 17,840 crore Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, the longest bridge as well as the longest sea bridge in the country connecting south Mumbai with Nhava-Sheva in Navi Mumbai.
Union Minister Pralhad Joshi confirmed as much on his social media handle on Monday, saying a renowned idol-maker from the 'land of Hanuman' will see his piece of creation find pride of place at the Ram Temple on January 22.
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