The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.
The clarification by the National Securities Depository (NSDL) - which is tasked with monitoring foreign portfolio investor (FPI) investment in domestic stocks - that the accounts of top investors in Adani group stocks remain 'active' has helped prevent a $500-million selloff of shares. Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting of four Adani group companies from their global indices. Brian Freitas, an analyst at independent research provider Smartkarma, said if the FPI accounts were indeed frozen, FTSE and MSCI would have reduced weighting of Adani group companies at the next rebalance, since it would have meant that the large part of the free float was not tradeable.
The hapless voters fervently hope that they get to make a more equal choice in the next election and political discourse in the country becomes positive and more enlightened. One wonders if the masses would become more politically aware to discern good intent and performance from gimmickry, notes Biswajit Dasgupta.
Kohli has not played competitive cricket in almost two months after opting out of the recently-concluded Test series against England at home
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
Ranbir Kapoor's Animal has entered the Rs 500 Crore Club (Rs 5 billion) in its third weekend itself.
Prakash Iyer, MD, Kimberly-Clark Lever and Executive Coach shares two important management lessons he learnt from a 500-rupee note. Read on.
The benchmark National Stock Exchange Nifty has rallied 4 per cent, or 750 points, from this month's low to end at 19,732 on week ending November 17. Technical analysts say the market could consolidate around the current levels as it is nearing the resistance zone. "The near-term uptrend status of the market remains intact, but there is a possibility of some more consolidation or minor weakness for the Nifty in the next one to two sessions.
The much-awaited Ram temple consecration will be held in Ayodhya on Monday in a grand ceremony with Prime Minister Narendra Modi attending the rituals, following which the shrine will be opened for the public a day later.
'Gautam Adani will not be able to step inside Dharavi.' 'We will ensure Adani will not get what he wants.' 'Adani has no reason to do politics with people of Dharavi but he is still doing it.'
It is a pity that he does not take his youth influencer role more seriously and align his brand endorsements more responsibly, notes Kanika Datta.
Bradman wore the cap during his last Test series on Australian soil, against India in 1947-48. A Sydney businessman snapped it up.
The first teenager to play in a US Open final since Serena in 2001 there was symmetry to the moment as Gauff rallied to beat the second seeded Belarusian 2-6, 6-3, 6-2 and end a six-year barren stretch for American tennis fans, who were finally able to celebrate a homegrown champion.
Not dining out? Try this restaurant-style dish that can be easily made at home.
A court at Vasai in Maharashtra's Palghar district on Saturday granted bail to television actor Sheezan Khan, arrested for allegedly abetting the suicide of co-actor Tunisha Sharma last year.
It was a crazy week for the world. Sukanya Verma cannot claim to be any different.
Adani group firm Adani Ports & SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research. Adani Ports and SEZ paid SBI Mutual Funds' due amount of Rs 1,500 crore on Monday and will also pay another Rs 1,000 crore of commercial papers due in March (as per the payment scheme), a company spokesperson said. "This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said.
Mark, who said he had always wanted to travel the world, pitched the idea of doing so to his new wife in the shape of a 365-day honeymoon -- and after a year of convincing, she agreed.
United States President Joe Biden who made an unannounced visit to Kyiv on Monday, days before the first anniversary of Russia's full-scale invasion, pledged a $500 million military aid package for the country.
Have you ever eaten buttered tagliatelle pasta? If not, you've misssed something big time.
The efforts drew the spontaneous appreciation of Union Finance Minister Nirmala Sitharaman.
Traditionally thukpa is made with buckwheat noodles and flavoured with yak meat or dried fish.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.
Modi said different laws related to Hindus, Christians and Parsis and the Special Marriage Act 1954 has determined minimum marriage age of 18 years for a woman and 21 years for man but the Muslim Personal Law holds marriage of a girl legal after she has attained puberty.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
The prime minister said that Palli has shown the way to the country for achieving carbon neutral state.
Hindustan Unilever (HUL), one of the country's largest fast-moving consumer goods (FMCG) players, is learnt to have cut prices of its leading soaps and detergents this month by 2-19 per cent, according to the company's distributors. The cuts come after consistent price increases by the company as well as its peers, following the sharp rise in raw material prices in the past several months. It is only recently that prices of raw materials have started to correct from peak levels in the June quarter.
Outgoing chief's presentation to top executives sees fivefold rise in sales in 8 years.
Russia and the US are the major partners in the ISS programme, which also includes Canada, Japan and several European nations like France, Italy and Spain.
Round-up of Ranji matches played on Tuesday.
From being a $10-million company, Datawind, better known as the manufacturer of low-cost tablet, Aakash, is now aspiring to become a half-a-billion-dollar company in just 12 months.
A statement from the finance ministry said, 'it shall be the policy of the Sri Lankan government to suspend normal debt servicing...shall apply to amounts of affected debts outstanding on April 12, 2022'.
The Indian Space Research Organisation on Sunday faced a blip in its plan to tap the small satellite launch vehicle market, as an anomaly in the placing of the satellites by the rocket led to deviation on its path thereby becoming 'no longer usable', Chairman S Somanath said on Sunday.
Rajesh Karkera journeys in monsoon rains and through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
In a four-part series beginning today, Arthur J Pais profiles economist Raj Chetty, winner of the MacArthur Foundation Fellowship, nicknamed the 'genius grant'. Chetty says he hopes his research will help lower income children in India and the United States of America.
Amid multi-tier security, Prime Minister Narendra Modi on Sunday will dedicate India's first 'carbon neutral panchayat' to the nation apart from inaugurating and laying foundation stone of development projects worth over Rs 20,000 crore to give fillip to speedy development of Jammu and Kashmir.
Seeking to develop and rejuvenate 75 water bodies in every district of the country, the prime minister will launch a new initiative named 'Amrit Sarovar', it said.
India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.
Reaching out to the youth of the Kashmir Valley, Prime Minister Narendra Modi on Sunday spelled out initiatives for peace and development, and assured they will not inherit the problems faced by their parents and grandparents.
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