Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.
Recently-retired Indian table tennis great A Sharath Kamal has given himself 11 years to produce the country's first Olympic medallist in the racket sport and German football club Borussia Dortmund could end up being his unlikely ally in pursuit of this path-breaking dream.
New Delhi, while opting not to retaliate yet to the American tariffs, has in recent weeks sought to reinforce its friendship with Moscow, and recalibrate its ties with Beijing rather than surrender to Washington's diktats.
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'
Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.
The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.
While Ferrell provided bonus comedy, Federer again proved that when it comes to tennis he is the king of the jungle.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
The Bombay Stock Exchange has emerged as one of the top ten bourses globally in terms of valuation of shares traded, with its market valuation nearly doubling to Rs 60,79,892 crore ($1.31 trillion) last year.
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
India abstained on two UN General Assembly resolutions calling for a de-escalation, an early cessation of hostilities and a peaceful resolution of the war against Ukraine. The resolutions were adopted on the third anniversary of the Russia-Ukraine conflict, with the UN Secretary General stressing that the war in Ukraine stands as a grave threat to the peace and security of Europe and the core principles of the United Nations.
Kirsty Coventry smashed through the International Olympic Committee's glass ceiling to become the organisation's first female and first African president in its 130-year history.
US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Modi highlighted the role of sports in fostering bilateral relations and cultural exchange between India and Poland.
'It's one of the most epic matches I have played on this court, on any court really.'
Bodin Issara's on-court punch-up with his former doubles partner Maneepong Jongjit during Sunday's Canada Open final is being investigated by the Badminton World Federation (BWF).
American Hans Niemann filed a $100 million defamation lawsuit against Carlsen and Chess.com in October 2022 after the allegations that he had cheated.
Of Trump's reciprocal tariffs and trade deals
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.
Ravi Narain, managing director and chief executive officer (CEO) of the National Stock Exchange, is set to take charge as chairman of the working committee of the World Federation of Exchanges.
'Despite their contrasting playing styles -- Sindhu's calm demeanour versus Marin's fiery intensity -- the two aces share an undeniable bond. Their mutual respect for each other's abilities is evident in their interactions off the court.'
Tennis legend Roger Federer and Olympic Gold medalist Neeraj Chopra met in Zurich, marking a rare convergence of two iconic athletes from different sporting domains.
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
Rules governing short-selling in various jurisdictions continue to generate controversy among regulators, lawmakers and market participants. While the US capital market regulator Securities and Exchange Commission has banned short-selling of financial shares after it was blamed for the collapse of Lehman Brothers, in India, the practice had come under the scanner as foreign institutional investors were lending stocks overseas to facilitate short-selling.
Among the 30 Sensex firms, Asian Paints, Infosys, JSW Steel, UltraTech Cement, Power Grid, Larsen & Toubro, HCL Technologies and Tata Steel were the biggest laggards. Tata Motors, HDFC Bank, Bharti Airtel, ITC, IndusInd Bank and Axis Bank were the gainers.
Imane Khelif beat Hungary's Luca Anna Hamori by unanimous decision in a welterweight quarter-final fight at the Paris Games on Saturday to ensure Algeria's first Olympic boxing medal since 2000.
Caruana kept his slender half point lead going in to the final round in the 10-player round-robin tournament, a part of the Grand Chess tour.
Race walker Suraj Panwar gears up for debut within debut at Olympics
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
The two standout performers will meet after 21-year-old Greek debutant Tsitsipas eclipsed six-times champion Roger Federer 6-3, 6-4 and Austrian Thiem dispatched defending champion Alexander Zverev 7-5, 6-3.
Lorenzo Musetti faces seven-times Wimbledon champion Novak Djokovic in the semi-finals.
Tokyo Olympics bronze medallist Lovlina Borgohain kickstarted her campaign on an impressive note by notching up a thrilling win at the 12th edition of the IBA Women's World Boxing Championships in Istanbul on Monday.
India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
