Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
The tactics deployed by Obama to bring India on board, which was the only major power in his way of the climate deal, was described by his former top personal and national security aide Benjamin Rhodes in a podcast interview.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
'The BJP's all-India plans can be expected to become clearer around 2022-2023, particularly if -- as some anticipate -- the senior Congress leadership cracks, broadly as between the Nehru-Gandhi loyalists and those who may be termed 'pro-changers',' observes Arun Bhatnagar, a retired IAS officer.
'The prime minister's announcement of a nation-wide shutdown was eloquent, but should have been more clearly phrased to avoid police overreach.' 'Migrant labour should have been allowed adequate notice and transport options to get home,' notes Rahul Jacob.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
World finance ministers will meet on Oct 7-8 in Lima, Peru, to try to agree on climate change framework.
'The Bihar verdict has shown that the people of Bihar don't desire to go back to the mandir-masjid rhetoric.' 'Jobs, wages and development are the aspiration of the people of Bihar and we hope the next government will keep that in mind.'
'I am here to terminate climate change once and for all.'
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
Trump said that his proposal should be supported by both parties (Republican and Democratic) as a fair compromise -- one where nobody gets everything they want, but where the country gets the critical reforms it needs.
The coal-bearing states shall be getting additional revenue from such coal mines.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
The PM asserted that 'we know how to take challenges head-on'.
The Economic Survey was tabled in the Parliament on Friday.
Aseem Chhabra lists 10 of his favourite films that played in various sections at the 74th Cannes Film Festival.
'Without Harry Kane many people were talking about Sonny (Son Heung-min) but today it was Lucas Moura who scored three goals and you know if you don't respect all the players, you cannot only have 11 players'
News of all that's transpired on and off the football field
Noisy protests by the members of the Congress and other opposition parties seeking an apology from the prime minister continued unabated throughout the day since the proceedings began.
Indian businesses in the US have created about 91000 jobs in the US.
'Making the railways better is a different type of a challenge.'
'I'm a big fan of Hindu and a big fan of India -- big, big fan.'
The PBD this year functions as a political stage for the BJP government at the Centre and in Uttar Pradesh. Both Prime Minister Narendra Modi and Congress president Rahul Gandhi have been wooing the Indian diaspora through widely publicised events across the country. At the PBD, the mood was either largely pro-Modi, and when not, apolitical.
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
'Progress demands regular senior-level attention from American leaders.' 'A leaders' summit is great, but we need sustained engagement to continue to forge new agreements and find new areas of cooperation.'
'In his eulogy at Sandy's memorial service, President Clinton recounted the unusually hot US Independence Day, July 4, 1999, when most of official Washington was more interested in watching fireworks than international diplomacy. Sandy insisted that Clinton confront Pakistan Prime Minister Nawaz Sharif in no uncertain terms.' Former US Assistant Secretary Raymond E Vickery, Jr salutes Sandy Berger, Clinton's National Security Adviser, as a true friend of India.
"At present, there are two main rate slabs under which sa majority of goods are covered -- five per cent and 12.5 per cent -- which will now increase to three (five per cent, 12 per cent and 18 per cent).Will this result in multiple litigations is anybody's guess."
Twenty years ago, Aziz Mirza had the foresight to predict the great discord India would witness and revolt against, notes Sukanya Verma.
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
CPI-M says it is ready to forge a front with Congress in Parliament on issues like land bill and secularism but ruled out being part of a national front.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'The entire journey was beautifully nourished and I was very lucky that Lion came out the way it did. Otherwise, I would have really regretted it.' Priyanka Bose is ready to take her film Lion to the Oscars.
'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.
Since the US, the second biggest emitter of greenhouse gases after China, has shifted in a major way to shale gas, the focus of global environmentalists' ire has fallen on India, which is the third biggest emitter, reports Darryl D'Monte.
It is too late in the government's term for it to pull its usual trick of blaming the last guys.
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