Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
'It is a breathtaking journey towards the Tibet border, especially since the Border Road Organisation has accomplished a fabulous feat in black-topping the road till the border.' 'One is left with a salute for the dauntless Indian soldiers who spend the winter in these majestic, though inhospitable areas (we were told that the temperature comes down to minus 40 in winter),' recounts Claude Arpi.
Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.
In a major move in 2016, the US had designated India a "Major Defence Partner" intending to elevate defence trade and technology sharing to a level commensurate with that of its closest allies and partners.
United Kingdom-headquartered pharmaceutical giant AstraZeneca (AZ) has admitted that in 'very rare cases' its Covid vaccine can cause a blood clot related side effect but the causal link is unknown, according to court papers being quoted in the UK media.
The two countries also decided to expand trade and commercial ties holding that there are opportunities to exploit untapped economic potential in the two countries.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
The private sector's new project announcements in the quarter ending March were among the highest on record. The value of new private sector project announcements for the three months ending March 2024 was Rs 9.8 trillion, shows data from tracker Centre for Monitoring Indian Economy (CMIE). This is the second-highest on record in data going back to 2009.
It is the first mega exercise involving the two aircraft carriers after induction of the indigenously-built INS Vikrant in September.
Without naming China or any other country, Singh said the "top-down approach" towards solving problems has never been sustainable, adding often it leads to "debt trap, reaction from the local population and conflict."
The vehicle can be used as an aerial target for evaluation of various missile systems.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
The Indian Navy on Monday unveiled a 15-year plan to boost maritime infrastructure even as Chief of Naval Staff Admiral R Hari Kumar said the force is working with the Army and the IAF to ensure tri-services jointness and integration to meet future challenges.
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.
Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over a vast land bank, including a prime 3,000 acre-property in Mumbai, they got as part of the family agreement that split the Godrej empire, as per sources and regulatory filing. According to the agreement reached late Tuesday, the 127-year-oldgets to keep what group will be split into two entities - one led by Adi Godrej and his brother Nadir and the other by their cousins Jamshyd and Smita.
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
'If businessmen should be included in the political process -- which is essential in my opinion -- they need to have the freedom to express themselves and to take stands against the government of the day, without fear of reprisals and attacks on their business.'
India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.
The biggest bounce is in the realty sector, where the industry index jumped 80%. There's been a turnaround also in automobiles and ancillaries (up 45%). The pharma and health care indices have a welcome return of roughly 35%.
Voicing concern over the deteriorating situation in Iraq, Prime Minister Narendra Modi on Friday said he looked forward to his summit meeting with US President Barack Obama to discuss how India and the US can build a partnership for peace, stability and prosperity in the world.
India and the US agreed to continue their cooperation in the areas of defence, space and clean energy as External Affairs Minister S Jaishankar met Secretary of State Antony Blinken here, amid a simmering diplomatic row between India and Canada over the killing of a Khalistani separatist.
America's relationship with Pakistan has 'not served' either of the two countries, External Affairs Minister S Jaishankar said on Sunday raising questions on the Biden administration's approval of a $450-million sustenance package for F-16 fleet.
'India will want a lot of help from the US, but it's not going to want US troops.'
'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'
'Forget your loss or profit in your portfolio.' 'Look at how much cash you have in hand.' 'If you don't have cash in hand, liquidate at least partially; get into about 20 per cent in cash.'
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
There will be many steps which will be taken outside the budget.
She was suffering from some disease related to prostate. It was not him. The seating system was such that no one could go to her seat, Mishra's lawyer said.
The disengagement of troops of the Indian Army and China's People's Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the ministry of external affairs last week.
In the case of India, there are no specific references in China's white paper. However, there are several takeaways for India, says Srikanth Kondapalli.
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
The Indian Navy has appointed the first woman commanding officer in a naval ship in sync with its philosophy of 'all roles-all ranks' for female personnel, Navy Chief Admiral R Hari Kumar said on Friday.
Perhaps the finance ministry or NITI Aayog could take a detailed look at what governments actually deliver and at what cost; how their services can be improved and expanded where necessary; how much money can be saved through doing things differently; and how many things the government does which it can safely leave to the private sector, argues T N Ninan.
US Secretary of State Antony Blinken said that the United States is calling on all nations not to have major weapons transactions with Russia. He made these marks after the conclusion of the 2+2 Ministerial Dialogue between the defence and foreign ministers of India and the United States.
Denmark's Viktor Axelsen and Japan's Akane Yamaguchi's dominance continued as they stayed on course for a second successive title.
The decision to procure the fleet was taken at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi, Defence Minister Rajnath Singh said.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
