Canada has expelled an Indian diplomat as it was investigating what Prime Minister Justin Trudeau called 'credible allegations' of the involvement of 'agents of the Indian government' in the killing of a Sikh extremist leader in Surrey in June, claims outrightly rejected by New Delhi as 'absurd' and 'motivated'.
Davis Cup captain S P Misra says he did not expect India would be trailing 0-2 at the end of the opening day in their World Group play-off tie against Japan, on Friday. India's biggest hope Somdev Devvarman suffered a surprise straight-set defeat to Yuichi Sugita, and then Rohan Bopanna met the same fate at the hands of Kei Nishikori.
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
Younger cheetahs that are habituated to management vehicles and human presence are preferred candidates for relocation to India, international experts involved in Project Cheetah have told the government based on lessons learnt from the initial experience in Madhya Pradesh's Kuno National Park.
Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion Mukherjee, their managing director and head of equity research for India. He, however, believes that the foundations are in place for sustainable growth over the medium-to-long term, and hence suggests a 'buy on dips' strategy to equity investors. As an investment strategy, Nomura prefers domestic-oriented sectors and companies over exporters, and prefers stocks that provide valuation comfort. Industrials and banks are their overweight sectors, while IT services and consumer discretionary are their underweight sectors.
Amid speculation surrounding India-Pakistan World Cup clash owing to the Pulwama terror attack, the International Cricket Council said it does not foresee any change in the schedule of the mega event, starting on May 30.
'Indian equity valuations, although not very expensive, are not cheap either.'
India's GDP growth will slow down to 5.5 per cent in FY24 from the 6.9 per cent expected in the current fiscal 2022-23, a Swiss brokerage said on Wednesday. The slowdown was attributed to slowing global growth and tightening of monetary policies in the report by economists at UBS India. It said India will be among the "lesser affected economies" in the world, but made it clear that the world's fifth largest economy is not immune from global headwinds.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
'Although mid- and small-cap funds have the potential for higher growth, they come with inherent higher volatility.'
India's 3-0 whitewash of South Africa in the four-match Test series has surprised former captain Sunil Gavaskar even though he feels that the Proteas were incapable of playing on Indian pitches.
Whoever can make acquiring smartphones more affordable will win the sales game.
Brokerages expect India Inc to report an upturn in earnings for the March quarter of 2022-23, after a relatively muted showing in the previous two quarters. This growth is expected to be led by banking, financial services and insurance (BFSI) companies, FMCG firms, and automobile makers. The combined net profit of the Nifty50 companies (excluding Adani Enterprises) is expected to have grown 15.6 per cent to Rs 1.77 trillion in Q4FY23, from Rs 1.53 trillion a year ago.
China, it said, is projected to grow at 6.6 per cent in the current year which will moderate to 6.4 per cent next year.
'They have proved that in the Test series and they are a quality team. So I expect the same (challenge and intensity) in the ODIs coming up'
New Zealand have nothing to lose. It is India who will be under pressure in Sunday's knock-out crossover match against the Black Sticks in the men's Hockey World Cup, says Graham Reid, the home side's head coach.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
The Indian economy recovered from the Covid-induced downturn during 2022 and is poised for further improvement in the coming quarters though downside risks emanating from geopolitical tensions, strengthening dollar and elevated inflation will continue. The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come. The challenges before the government and the Reserve Bank in the new year would be to arrest inflation, check declining value of rupee against US dollar and promote private investment and growth, with a view to ensure that the country remains one the fastest growing major economies of the world.
'2022 has not been -- and will not be -- the kind of 2021 bull market, which lifted all boats.'
The bull run in the Indian equity markets is intact, said analysts at Morgan Stanley in a recent note. They expect the S&P BSE Sensex to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current level, this translates into an upside of nearly 29 per cent.
We expect the Indian equity market to continue attracting interest from local as well as foreign investors. This is because India's economy is expected to continue to record sustained economic growth.
Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year.
"Sure, it (India-Pakistan final) will (happen). Now that Pakistan has qualified for the final, India will be at their best," Mithali said on the Star Sports show 'Cricket Live'.
India can also emerge as a hub of legal talent if it opens up its legal sector
At the same time, the UN said in a report, the performance of private investment remains a key macroeconomic concern.
'Zimbabwe has given us a lot of support by undertaking this tour despite pressure on them so we also urge the public to cheer team along with our team as well'
Crisil said the next fiscal could be a year of new leadership and old challenges.
Expressing unhappiness over India's stand on the ethnic conflict in Sri Lanka, the Liberation Tigers of Tamil Eelam on Tuesday said the Tamil community expects New Delhi to extend its support to their 'national aspirations', even as it renewed its call for a ceasefire with Colombo. The Tamil Tigers also refused to lay down arms for resuming political dialogue with the Sri Lankan government to resolve the 30-year-old ethnic conflict.
One of Dhoni's great attributes has been his ability to keep his head in the midst of the frenzy that often surrounds the sport in cricket-mad India.
After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
Sumit Nagal made a comeback to the Indian Davis Cup team for the away World Group I tie against Norway while doubles specialist Divij Sharan was dropped after falling behind in the pecking order, on Thursday.
Reliance Jio is close to finalising its contract with telecom gear maker Ericsson to roll out its 5G network in Mumbai and Maharashtra and Kolkata and West Bengal in the first phase of its launch in October. And it is going with Nokia for the lucrative Delhi circle, and Chennai, which includes Tamil Nadu, say sources aware of the development. This is the first time that Jio is opting for multiple vendors.
Uttam Ghosh -- like most leaders at the COP26 summit in Glasgow -- is surprised at India's pledge to achieve net zero carbon emissions by 2070.
'The idea is to invest where there is opportunity.'
India is likely to be the fastest-growing Asian economy in 2022-23, according to analysts at Morgan Stanley. They expect India's gross domestic product growth to average 7 per cent during this period - the strongest among the largest economies - and contributing 28 per cent and 22 per cent to Asian and global growth, respectively. The Indian economy, they said, is set for its best run in over a decade as pent-up demand is unleashed.
With India rolling out 5G services, can telcos get the sizeable 350-400 million 2G customers to upgrade to 4G, or even better -- but very improbably -- straight to 5G?
India's GDP growth to reach 8% by 2017. says World Bank
"The company expects to break ground on one of the Indian projects 'before the end of 2009'," CNN quoted ArcelorMittal's London-based head of investor relations Julien Onillon as saying last week. The two identical projects are to come up in the states of Jharkhand and Orissa and would add 24 MT annual steel production capacity.
The UN Security Council is scheduled to vote on Friday evening on a draft resolution on Russia's military operation in Ukraine as well as the escalating situation in the eastern European country.
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