'Now that all the early adopters have the electric car, governments are backing down in some countries because they do not have the money to subsidise so much.'
'In the BJP I realised they are a different people with different mindset. They had a different ideology which was more rigid, and somewhere I was not comfortable.'
Commerce and industry minister Anand Sharma warned against protectionist measures resorted to by developed countries saying those measures would further deepen recession and delay a recovery in the world economy.
Their eyes trained on the big-ticket T20 World Cup in the Americas in June, the national selectors aren't finding it easy to pick just one among Rohit Sharma and Virat Kohli for the upcoming Afghanistan series.
He also said that "in some way or the other," his preparations for Paris Olympics will be different, though he did not elaborate.
It's not just the way Asian Games silver medallist Harmilan Bains runs, what she wears too speaks volumes about her self-confidence.
'Your decisions should not be driven by your view on the market, but by your objectives, risk appetite, and time horizon.'
India captain Rohit Sharma is extremely satisfied with his team's World Cup preparation and wouldn't like to read too much into the 66-run defeat at the hands of Australia in the final game of the three-match ODI series in Rajkot on Wednesday.
While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.
Cheteshwar Pujara, Ajinkya Rahane along with the uncapped duo of Rajat Patidar and Sarfaraz Khan are in the running for a place in the Indian Test team.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.
A lot depends upon the composition of the monetary policy committee.
With a view to provide flexibility to insurance companies, the Insurance Regulatory and Development Authority has said that life insurers will be allowed to change the premium quotes from what they have filed with the regulator for group business.
Gandhi expressed confidence that a vast majority of the INDIA parties will support and push for a caste census.
In her remarks at the US-China Relations Conference in Washington on Tuesday, US Trade Representative Susan Schwab said: "I urge China to pull back from the brink and unambiguously commit to the market access and flexibilities put on the table by the chairs -- just as Indian Prime Minister Singh has indicated his country will".
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
The Reserve Bank on Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries, to revive stalled plans and help banks tide over mounting bad loans.
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.
Even as we tip our hats to the best performances of 2023, there are quite a few that may have gone unnoticed.
Kumar, who hosted the first such meeting, said they were working in the national interest and accused the BJP of acting against the national interest as it was trying to change the country's history.
The Bilawal Bhutto-led Pakistan Peoples Party which won the third largest number of seats in the National Assembly in the elections appears to be split on whether to join a coalition government or sit on Opposition benches.
The panel headed by Justice (retired) Ritu Raj Awasthi has submitted its report to the government, calling for an exhaustive overhaul of the law.
Uncapped Shreyas Iyer is comfortable batting at any position and said on Tuesday that scoring a century against South Africa 'A' in a tournament final earlier this year has been satisfying.
Nasscom, the information technology and BPO industry body, on Monday favoured a flexible work atmosphere for women engaged in raising their family to curb dropout rates and boost their numbers in mid-level and senior management positions in companies.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
"This round is development round and trade needs to be rebalanced in favour of developing countries," World Trade Organisation Director General Pascal Lamy said.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector, indicating concentration risk, according to the Reserve Bank of India's report "Trend and Progress of Banking in India 2022-23". Notably, all the 50 are tied to the power sector, a domain fraught with inherent challenges, the report said. The report highlighted recognising the escalating systemic importance of G-NBFCs, the Prompt Corrective Action (PCA) framework had been expanded to include G-NBFCs excluding those falling within the base layer.
In the RBI's monetary policy statement review, Governor Raghuram Rajan said banks could extend timelines for large stalled projects by bringing in new 'promoters', or owners.
The IPL has been a platform where uncapped players have excelled and many have made their way into the national side. Ahead of this year's auction, a look at uncapped players who could initiate a bidding war among the franchises.
Air India significantly altered the composition of the aircraft order it placed earlier this year with Airbus, the European plane manufacturer has said. In February, Air India had placed the world's second-largest single-tranche aircraft order for 470 planes: 250 with Airbus and 220 with Boeing. In July, Airbus disclosed an order comprising 70 A321neo, 140 A320neo, 34 A350-1000, and six A350-900 aircraft for Air India.
From delivering food to delivering nightmares to opposition batters, Paul van Meekeren has made a name for himself.
Pakistan was always sincere in resolving the Kashmir issue, but India had to give up its 'stubbornness', a Pakistan minister said.
Former Sri Lanka cricketer and current Rajasthan Royals coach and Director of Cricket Kumar Sangakkara expressed happiness on wicketkeeper-batter Dhruv Jurel earning the India call-up for the Test series against England at home, saying that the player understands pressure well and has a fine work ethic.
rediffGURU Mayank Kumar offers guidance about degree courses, campus, job-linked and executive programmes and studying abroad.
'I will always be a gypsy and a global citizen.'
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