Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
'I was present at a meeting where he decided to permit the IAF to strike at Pakistan positions in Kargil, with the caveat that they should not cross the LoC.' 'Confident that the Indian Army would succeed, Mr Vajpayee was positioning himself to tell the world after the Kargil conflict was won that India did not violate the 'sanctity' of the LoC,' recalls Ambassador G Parthasarathy, who served as India's envoy in Islamabad in that eventful year, 1999.
Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.
The Delhi high court on Tuesday dismissed a PIL seeking to make Indian citizenship a pre-requisite for a person to be appointed as the editor of a publication.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
'Although perhaps not with a greater majority, and maybe even a slightly reduced majority in the Lok Sabha.'
'The aim of Russian policy is to reform European security, stop NATO expansion and in a more general sense -- set up the new rules of relations between the great powers.' 'From this perspective. the invasion of Ukraine is quite pointless.'
'Many senior officers are unhappy with him, but many lower level officers are still supportive.' 'This is also not something that has happened for a long time. So this is certainly a milestone.'
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
"Most worrisome are China's technological advances in the spheres of cyber and space domain, which often transcend beyond the military, to include critical national infrastructure as well," General Bipin Rawat said at the three-day Indian Air Force Conclave.
Rising crude oil prices, traction in China equities and inflation concerns back home are casting a shadow on the Indian equity markets in the short term, believe analysts at Jefferies. They said this could see the markets remaining range-bound in the near term before the next leg up.
A declassified report by the United States intelligence released stated that Russia and Iran undertook campaigns to influence the 2020 Presidential election, but intelligence agencies found no evidence that foreign actors tried to alter votes or other technical aspects of the voting process.
'Investors should ideally consider equity allocations from a medium-to-long term perspective.'
India and Pakistan in a surprise announcement said on February 25 that they have agreed to strictly observe all agreements on ceasefire along the Line of Control in Jammu and Kashmir and other sectors.
"Few nations are more vital to the future of American security and prosperity than India," Garcetti told the committee.
It stands to reason that at the meeting on Friday, Pope Francis conveyed to the Kremlin, some message in regard of the developments in Ukraine. The long duration of the meeting in the Russian embassy flags that it was substantive. Indeed, it took place even as the first Russian tank column was sighted on the outskirts of Kyiv, notes Ambassador M K Bhadrakumar.
'His negotiations with Idi Amin and his men for compensation for the Indians, who left Uganda, were particularly tough. Apparently, Amin warned him that the body of the British negotiator, who came earlier, was found in a roadside gutter... As Jagat Mehta's special assistant during the last two years of his tenure as foreign secretary, I saw for myself how his conviction, courage and patriotism enabled him to fight against heavy odds, says Ambassador T P Sreenivasan.
Bangladesh Prime Minister Sheikh Hasina is expected to travel to India on September 5 on a three-day official visit during which defence cooperation and regional stability are likely to be the focus of her talks with Indian counterpart Narendra Modi, an official said on Monday.
'It is a testing time for our foreign policy which may involve a certain element of taking risks, assessing costs, and expecting failures,' asserts Commodore Venugopal Menon (retd).
As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.
Tillerson, is currently on top of the list of Trump's Secretary of State because of his contacts with the world leaders, in particular Russian President Vladimir Putin, media reports said.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
The US is not going to be able to mount a concerted 'Western strategy' against China or Russia in the present international milieu, predicts Ambassador M K Bhadrakumar.
China will host the third meeting of the foreign ministers of Afghanistan's neighbours in Tunxi, central China's Anhui province, on March 30-31, the spokesperson said.
Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.
'But unlike Bond who killed an individual, Israel is killing a nation.'
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
Jaishankar is the first foreign secretary to head the Ministry of External Affairs as minister.
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
Deputy director for the People's Liberation Army Office for International Military Cooperation Major General Huang Xueping held a video conference with his US counterpart Michael Chase last week.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
Pakistan is making efforts at multiple levels for the Taliban government to have a soft landing, observes Ambassador M K Bhadrakumar.
Tired of the alleged "double game" being played by Islamabad, American lawmakers have announced to hold a Congressional hearing next week to discuss whether Pakistan is a "friend or foe" of the US in the war on terror.
'There is little appetite in the Democratic foreign policy establishment to pick a fight with India.'
Ahmed Shah Massoud's assassination, 9/11 and the defeat and ejection of the Taliban suggested a break in Afghanistan's history, but the events of August 2021 and the Taliban's return shows how deeper continuities remained in place, points out T C A Raghavan, former Indian high commissioner to Pakistan.
Further deterioration of the US-Saudi relationship will have geo-economic and geopolitical effects, says Nitin Pai.
