The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
Non-resident Indians (NRIs) are very positive about India
Voted to power with an absolute majority for the first time in nearly three decades, India's Prime Minister Narendra Modi, considered as an able administrator, promises "a fresh engagement" with the United States, a latest Congressional report has said.
''There is the perennial worry in the Indian mind regarding the US 'hyphenating' India and Pakistan. Frankly, this is a completely nonsensical hypothesis. The US has always 'hyphenated' India and Pakistan and it couldn't have been otherwise,' says Ambassador M K Bhadrakumar.
'India was in no position to wage another war in 1965, having suffered a morale-shattering defeat in 1962. The three services were in the middle of a modernisation and expansion phase and therefore not fully trained or battle-ready.'
'The danger today is that out of sheer fatigue and exasperation, the US might cut loose and exit from Afghanistan leaving it to the region to cope with the debris, which it is ill-equipped to handle,' says Ambassador M K Bhadrakumar.
'France's challenges revolve around an uncertain economic future, multiple terrorist attacks on French soil and a European migration crisis tied to the situation in Syria and Iraq.'
The US wants to split Sino-India ties, says the Chinese media.
The implications of the interim deal between Iran and the world's big powers go far beyond the nuclear programme, says Nitin Pai
'Much can be done by India under the provisions of the treaty to make full use of its rights it has.' 'The impact of that will be felt downstream.'
In his last column for Rediff.com, Praful Bidwai joins issues with those lauding India's covert operation against Naga rebels based in Myanmarese territory.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
'Obama's decision to end the US military involvement in the Afghan civil war needs to be welcomed as a positive development for regional security and stability. India, too, has a great opportunity opening up here if it plays its cards in sync with the spirit of the times rather than continuing to view the Afghan problem in zero-sum terms,' says Ambassador M K Bhadrakumar.
When people say the two-day visit was been successful in taking back the bilateral relationship to the political plane, essentially the reference (mostly left unsaid) is to the wresting of initiative from the intelligence 'agencies', whose meddling had hurt bilateral ties, says the distinguished editor Kanak Mani Dixit.
'Indira Gandhi, it appears, did not to consult her Cabinet colleagues, or diplomats, or civil servants when she decided to sign the agreement in Shimla.' 'We ruefully recall Bhutto's perfidy and the Indian prime minister's gullibility,' says Lieutenant General Ashok Joshi (retd).
An array of Olympians and stars of sports niche and new arrive in the South Korean city of Incheon for the 17th Asian Games this month, bringing together some 10,000 athletes for a 16-day multi-sport spectacular second only in scale to the Summer Olympics.
'How can Kashmir be demilitarised if the terrorist threat remains and Pakistan continues to incite elements in Kashmir to keep the internal situation unstable?' asks former foreign secretary Kanwal Sibal.
A new report says Indian jihadis, including the Indian Mujahideen, are significantly more lethal as a result of external support, primarily from Pakistan. Aziz Haniffa reports.
If you are more than your rhetoric about a strong and united country, give us our due -- treat us as countrymen, says an ordinary Muslim in this open letter.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
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