According to Mr Babar, within four days of this interview the Mumbai terror attack was underway, bringing the two countries closest to war in years -- 'The warmongers shattered Zardari's dream of peace with India'.
Eternal was the biggest gainer in the Sensex pack, jumping 4.50 per cent, followed by Power Grid, ICICI Bank, Reliance Industries, UltraTech Cement, Adani Ports, Sun Pharma, ITC and Hindustan Unilever were also among the winners. In contrast, IndusInd Bank, Axis Bank, Bajaj Finserv and Bajaj Finance were among the laggards.
Bharat Electronics, Bharti Airtel, HDFC Bank, Kotak Mahindra Bank, Titan and Eternal were also among the laggards from the Sensex pack. However, Bajaj Finance, Tata Steel, ICICI Bank, HCL Tech and Infosys were among the gainers.
As India and China continue to face off across the Himalayas six decades later, the echoes of that earlier conflict remain unmistakable. The core of China's sensitivity lies not in maps or mountain passes, but in its perception of sovereignty over Tibet, points out Dr Kumar.
Prime Minister Yusuf Raza Gilani has summoned envoys in key world capitals for a meeting to review Pakistan's strategy on important foreign policy issues like the war on terrorism and relations with countries like the United States and India. Pakistan's envoys to the US, India, Afghanistan and several European countries are among those who have been asked to provide recommendations for forming strategies in the wake of the cross-border NATo raid.
In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.
A 21-year-old Indian-origin truck driver, Jashanpreet Singh, has been accused of causing a semi-truck crash while allegedly driving intoxicated, resulting in three deaths in California. He faces charges of gross vehicular manslaughter while intoxicated.
Afghan Foreign Minister Amir Khan Muttaqi stated that Afghanistan achieved its objectives in the border skirmish against Pakistan and stopped the attack following requests from Gulf countries like Saudi Arabia and Qatar. He emphasized dialogue and diplomacy as the preferred methods for resolving issues.
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
Indian foreign policy is listlessly meandering. At times, it stands still lost in thoughts and then it dashes forward -- and the next thing you know, it begins dashing backward. The pantomime seems to be happening with no greater logic than that it creates the illusion of a flurry of activity -- and our PM feels good and dynamic, says M K Bhadrakumar.
'...aggressive pricing amid volatility, but these are exceptions.'
'In these days of a communication revolution, was it necessary for him to go to every country?' 'Mahatma Gandhi had no internet or a twitter account, but the whole world recognised him as the greatest leader of the twentieth century,' says Ambassador T P Sreenivasan.
Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.
From early indications, the Modi government's foreign policy seems to be pragmatic and reciprocal, says K G Suresh.
'New Delhi is not naive about its foreign policy choices.'
The new rules allow for a staggered implementation road map, giving companies, data fiduciaries, data principals, and other stakeholders up to 18 months to comply with the administrative guidelines under the DPDP Act.
Gary Ackerman, New York Democrat, while acknowledging that he has been one of the strongest critics of President George Bush on his foreign policy, has said however, that in the case of India, Bush had got it "absolutely right."
After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
Senior Congress leader Shashi Tharoor on Tuesday said his article on Operation Sindoor's global outreach was not a sign of his 'leaping to join' Prime Minister Narendra Modi's party but a statement of national unity, interest and standing up for India.
China remains the elephant in the room and has to be tamed, which the United States alone is unable to do and therefore calls allies to come on board.
Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.
India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.
The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products as part of its strategy to address the war in Ukraine.
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
The Indian History Congress (IHC) has criticized NCERT's new Partition Horrors Remembrance Day modules, alleging they spread falsehoods with communal intent by depicting the Congress as complicit in Partition while absolving the British.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
BJP president Rajnath Singh has said that if the party comes to power in the next general election, its foreign policy wouldn't be much different from that of the Congress government. Aziz Haniffa in Washington
Prime Minister Narendra Modi criticized the Congress party, alleging that the dropping of important stanzas from the national song 'Vande Mataram' in 1937 sowed the seeds of partition. He made these remarks during the inauguration of the year-long commemoration of 'Vande Mataram'.
The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. In 2020, the government issued Press Note 3 under which investors from these land bordering countries have to mandatorily take prior approval of the government for making investments in any sector.
The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.
'India is giving selective traffic rights wherever it makes sense to allocate those traffic rights.'
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.
'India is cosying up to Xi Jinping. They don't need the Russian oil. It's a refining profiteering scheme.'
Developing relations with the Taliban is needed, but plunging headlong into Afghanistan without due thought will be akin to the rooster entering a KFC outlet, warns Lieutenant General Prakash Katoch (Retd).
In the academic year 2024-2025, the IB had 258 authorised schools in India, up from 183 schools in 2019.
The ruling alliance and the Opposition are set to lock horns over the two issues steeped in national security and foreign policy imperatives.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances