Rinku Singh shouldn't be disheartened by his exclusion from India's World T20 squad as it was pure tactical decision, said former captain Sourav Ganguly.
The Reserve Bank of India (RBI) has identified "climate shocks" as a risk to food inflation rates and overall price rise while stating that the outlook for the country's economic growth remains bright. In its Annual Report for 2023-24, released on Thursday, the central bank said easing supply-chain pressures, broad-based softening in core inflation, and early indications of an above-normal southwest monsoon meant well for the inflation outlook in 2024-25. "The increasing incidence of climate shocks, however, imparts considerable uncertainty to the food inflation and overall inflation outlook," said the RBI while noting headline inflation moderated by 1.3 percentage points on an annual average basis to 5.4 per cent in 2023-24.
Auto manufacturers have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs.
Moody's Ratings on Thursday raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6 per cent on the back of strong domestic consumption and capital expenditure. The estimate comes a day after RBI Governor Shaktikanta Das said the economic growth in the current financial year could be close to 8 per cent in view of the third quarter GDP data released by the government. The latest estimate of Moody's is about 140 basis points higher than the earlier projection of 6.6 per cent made in November 2023.
India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.
Australian spinner Nathan Lyon is expecting an Indian comeback in the second Test at Melbourne this week after the tourists were skittled for 36 on their way to losing the series opener by eight wickets in Adelaide.
Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
The UK government on Wednesday stated that India should treat British citizens "fairly" when they apply for visas after off-spinner Shoaib Bashir's arrival for the five-match Test series was delayed due to lingering issues relating to his travel documents.
With three matches still to be played, India will back themselves to clinch the series.
The Reserve Bank of India on Friday raised the GDP growth projection for the current fiscal to 7 per cent from 6.5 per cent earlier on buoyant domestic demand and higher capacity utilisation in the manufacturing sector. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das, however, flagged protracted geopolitical turmoil and global economic fragmentation as risks to the growth outlook. The RBI kept interest rates unchanged at 6.5 per cent in Friday's monetary policy statement.
England's Pakistan-origin off-spinner Shoaib Bashir was on Wednesday granted visa to play in the five-match Test series against India, ending a "frustrating" wait for the visiting side whose captain Ben Stokes felt "devastated" by the delay.
'When he was sidelined in the INDIA bloc, it was was the turning point because it badly hurt Nitish's ambition.' 'After that, he decided to damage INDIA by changing sides.'
The opposition Indian National Developmental Inclusive Alliance (INDIA) was in the grip of a crisis on Saturday with the Janata Dal-United saying the alliance was collapsing amid indications that Bihar Chief Minister Nitish Kumar will switch back to the National Democratic Alliance, prompting the Congress to allege that the Bharatiya Janata Party is doing its best to cause a 'mini implosion' in the coalition.
In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.
Match-fixing scandals and payment delay of some foreign players have shattered the image of the Bangladesh Premier League (BPL) which was launched in 2011, forcing the country's cricket board to take control of the event and rename it the 'Bangabandhu BPL'.
The United States on Friday expressed concern over the departure of Canadian diplomats from India and said that it expects New Delhi to uphold its obligations under the 1961 Vienna Convention on Diplomatic Relations.
The United Kingdom has shown its disagreement with India's action after the India-Canada standoff which resulted in the departure of 41 Canadian diplomats from India and called for resolution of differences through discussion.
India decisively withstood global headwinds in 2023 and is likely to remain as the world's fastest-growing major economy on the back of growing demand, moderate inflation, stable interest rate regime and robust foreign exchange reserves. Despite widespread pessimism witnessed among the developed nations and the worsening geopolitical situation, India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
Who do you think should be part of India's playing for the second and final Test against South Africa?
IPL contract will be next level for Netherlands players after WC show: Coach Ryan Cook
The United States says its expects India to enforce United Nations sanctions against Iran but left it to that country to decide on steps to "convince" the Persian Gulf state to abandon its pursuit of nuclear weapons.
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
A dominant India defeated Malaysia 6-0 to register their second consecutive win in the women's hockey competition at the Asian Games in Hangzhou on Friday.
Hewlett-Packard, which is targeting a 10 per cent growth for its $20 billion imaging and printing group division, expects India to clock the highest growth rate in the coming years.
The US expects India to play a greater role along with China and other major economies in tackling the current financial crisis and supports bigger responsibilities for it in the international financial institutions, Treasury Secretary Timothy Geithner has said.
India can become a $6.7 trillion economy by 2031, from $3.4 trillion currently, if the country clocks an average growth of 6.7 per cent for 7 years, an S&P Global report said on Thursday. India had clocked a 7.2 per cent GDP growth in 2022-23 fiscal. But a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6 per cent in the current fiscal, S&P Global said in a report titled 'Look Forward: India's Money'.
In light of the current environment where tensions have heightened, we are taking action to ensure the safety of our diplomats. With some diplomats having received threats on various social media platforms, Global Affairs Canada is assessing its staff complement in India, the high commission said.
But new faces, such as world champion 10m air rifle shooter Rudrankksh Patil, Esha Singh (10m air pistol), Sift Kaur Samra and Ashi Chouksey (50m rifle 3-positions) are some of the brightest prospects in the team with a potential to aim for gold, notwithstanding the extremely tough challenge the Chinese will pose in the coming fortnight.
India coach Rahul Dravid hopes to have his full-strength squad in time for the World Cup starting next week.
'The Modi government would chaff at the very idea of holding talks with Pakistan, facilitated by Washington and under close US monitoring, when the 2019 poll is sailing into view.' 'But in politics and diplomacy, there may be moments when drinking from the chalice of poison is necessary,' says Ambassador M K Bhadrakumar.
'We can't be happy with just one Test match. We will not be satisfied with just one Test. Yes we are happy about this victory but this is something we need to build on. We literally have nothing to lose'
Let's delve into the five most notable sporting accomplishments that India has achieved post August 15, 1947.
'The United States should not, by this logic, expect India to create military distractions along the Line of Actual Control, hold up Chinese shipping in the Indian Ocean, or even openly provide intelligence or basing for US forces transiting the region.'
'The Chinese media was beside itself with rage that how can a country with one-fifth of its economic power and maybe one-third of its military power stand up to them.'
The Reserve Bank on Thursday marginally revised upwards the economic growth projection for the current fiscal to 6.5 per cent, from its earlier estimate of 6.4 per cent. Unveiling the first bi-monthly monetary policy of 2023-24 fiscal, RBI Governor Shaktikanta Das said the GDP growth in the first quarter of 2023-24 is expected at 7.8 per cent.
Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.
After being underweight on domestic agrochemical companies and preferring global plays, brokerages believe that the former may perform better in the quarters ahead. Domestic crop protection companies have faced multiple headwinds over the past year and a half, given high inventory costs, pricing pressures, lower realisations in the generic segment, increased stocks due to lower infestations, and demand-led hits to volumes. Some of the overhang from previous quarters was reflected in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24) as well, with aggregate revenues and operating profit for the sector down 12 per cent and 27 per cent, respectively.
Asia to stay flat in 2017. India is better-placed given its low export dependence and it should outperform Asian peers this year says Mixo Das, India strategist for financial major Nomura
'To get a 100 per cent consensus document without any reservation, any bracket, any chair summary is unprecedented in the history of multilateral forums.'
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