ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
The United States and China have agreed to expand military exchanges and exercises as part of efforts to build more stable bilateral ties amid tensions over cyber security.
52 world leaders, including Narendra Modi, will attend this week's Nuclear Security Summit in Washington, DC. Obama will meet separately only with the Chinese president.
Ever pragmatic, the Americans are convinced that the future is in the Indo-Pacific.
There is a new Indo-Pacific century, and India has to decide whether it has its eyes on the prize, says Rajeev Srinivasan.
Brookings Institution tries 'Re-imagining India.' Aziz Haniffa listens in
United States president-elect Donald Trump's tweet for strengthening and expansion of country's nuclear arsenal is indicating a major policy change as against the Obama Administration which had pushed for reduction and ultimately elimination of nuclear weapons.
"There's ample evidence that was known long before the election and, in most cases, long before October about the Trump campaign and Russia -- everything from the Republican nominee himself calling on Russia to hack his opponent," White House Press Secretary Josh Earnest told reporters.
'The China Pakistan Economic Corridor is Pakistan's number one preoccupation today -- and tensions with India and the $46 billion projects simply do not go together,' points out Ambassador M K Bhadrakumar.
'India appears to have stood its ground on strategic autonomy by resisting US pressure on Russia, China and Iran, but succumbed to the temptation to walk into a tighter embrace in defence cooperation, a high priority of the Trump administration,' notes Ambassador T P Sreenivasan.
'If there were no Ahmedabad programme -- no flashy town hall event in a huge cricket stadium with thousands cheering him on -- then Trump may well have decided not to go to India.'
The US dollar has risen about 15 per cent since mid-2015.
Trump picked Justice Kavanaugh from his original list of 25 judges, which also included prominent Indian-American judge Amul Thapar, from which he had said he would nominate for any vacancy in the Supreme Court.
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.
US Secretary of State Mike Pompeo says China 'protects' violent Islamic terror groups from UN sanctions.
BJP president Rajnath Singh has said that he did not bring up the Modi visa ban issue even once during his deliberations in Washington, DC, also dismissing the controversy over letter to President Barack Obama by Indian parliamentarians, reports Aziz Haniffa.
Mattis also warned Pakistan of global "diplomatic isolation" and losing its Non-NATO ally status if it failed to take action against safe havens to terrorists on its soil.
A new draft proposal circulated among Nuclear Suppliers Group member states early this month could pave the way for India to become a member of the elite club, but this is unlikely to happen before the end of the Barack Obama presidency next month.
Zika virus outbreak in Brazil does not pose enough of a threat to warrant cancelling or putting off the Olympic Games set to be held in Rio de Janeiro in August, a leading US health official said.
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
'When you think back to the promises made 10 years ago, not a single one of those had panned out to date.'
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
Has New Delhi internalised the truth that it does not matter, asks Saeed Naqvi. Such deafening silence from the government, principal opposition, even the pundits!
'Pakistan has been successful in convincing the rest of the world that the Pakistani nuclear terrorists are meant to target only India. This is myopia at its worst,' says Colonel Anil A Athale (retd).
Was the Modi-Obama summit the panacea for all that troubles the India-US relationship?
The Nobel follows a line of mighty brands that have bent low to kiss the feet of the popular, says Itu Chaudhuri.
'Vijay Gokhale's appointment as foreign secretary can be regarded as a certain 'adjustment' that could make a difference to the poor climate of India-China relations,' says Ambassdor M K Bhadrakumar.
'A couple of Pulwamas will bring the two nations to war and it will be limited to J&K itself.'
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
The invitation to the "Dalai Lama for activity in the disputed areas between China and India will only damage peace stability of the border areas as well as the bilateral relationship between China and India", Chinese foreign ministry spokesman Lu Kang.
Any settlement with Pakistan won't last unless it comes with big power guarantees, says Shekhar Gupta.
But he politely asked the Israeli head of the government to 'hold back' on settlements in territory claimed by the Palestinians for their future state: 'for a little bit'.
In perhaps the first major conference on the United States-India strategic partnership in the aftermath of the Khobragade controversy that plunged the bilateral relationship in a downward spiral and is now in the process of being resurrected, the undeniable consensus among the panelists and participants was that much ballyhooed strategic convergence between Washington and New Delhi has dissipated.
'We had to convince our people that we were doing nothing that would erode our strategic programme. We were all the time arguing that we are not doing anything, which will remotely impact on our strategic programme.'
Since the 1984 national elections, no party has won a clear majority in the lower house of Parliament, a US intelligence report has observed. Vicky Nanjappa reports.
'By crudely dragging the topic into the bazaar to flog it for momentary pleasure, we turned it into a dead carcass by the time Modi even got back from Xiamen,' says Ambassador M K Bhadrakumar.
Still, the failure of the agreement should signal a move away from monolithic single undertaking agreements that have defined the body for decades.
'Vanita Gupta is the greatest civil rights lawyer of her generation' Praise comes flying in from all corners Vanita Gupta is appointed acting US Assistant Attorney General for Civil Rights. The 39-year-old is known for her work in criminal justice reforms, legalising marijuana and racial justice, reports Aziz Haniffa/Rediff.com.
'India-US defence pacts are seen by many analysts as a subtle move to jointly contain China's growing militarism, especially in the strategic Indian Ocean Region.'
