Equity market will be guided by global trends, macroeconomic data announcement and foreign fund movement in a holiday-shortened week ahead, analysts said. Movement of the rupee and Brent crude oil will also remain in focus this week, they added. "The bulls need some support from global markets to continue Friday's momentum.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
Ahead of the annual session of the United Nations General Assembly, India on Monday said its focus at the high-level meeting will be terrorism, UN Security Council reforms, managing the global financial system, Palestine and piracy.
Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.
The talks took place on the sidelines of the G-20 foreign ministers' meeting in the Indonesian city of Bali.
After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
India on Thursday resumed its diplomatic presence in Kabul by deploying a team in its embassy in the Afghan capital, over 10 months after it pulled out its officials from the mission following the Taliban's capture of power.
The collective brilliance of the Indian XI in the 2023 World Cup makes a compelling case for each player to be considered for inclusion in every World XI.
The President of the Security Council for December said India has taken the side of peace and favours de-escalation through diplomacy and dialogue.
India abstained in the UN General Assembly on Thursday on a resolution that underscored the need to reach "comprehensive, just and lasting peace" in Ukraine, citing the resolution's "inherent limitations" in reaching New Delhi's desired goal of securing lasting peace and ending the conflict which has been raging for one year now.
The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.
India has been at the forefront of the years-long efforts to reform the security council, saying it rightly deserved a place as a permanent member.
The India-Japan global partnership is based on shared democratic values and respect for the rule of law and promotes peace and stability in the Indo-Pacific, Prime Minister Narendra Modi said on Monday after holding wide-ranging talks with his Japanese counterpart Fumio Kishida.
Ukraine's First Deputy Foreign Minister Emine Dzhaparova will pay a four-day visit to India from Sunday, the first official visit from the East European country since the Russian invasion began last year.
Foreign portfolio investors (FPI) flows have turned positive on a trailing 12-month (TTM) basis for the first time since December 2021. Thanks to robust inflows over the past three months, the TTM overseas flows into domestic equities stand at over $7.3 billion-the most since November 2021. This has helped propel one-year Nifty returns to 12 per cent.
"We strongly believe in the peaceful handling of any conflict situation in accordance with the applicable legal principles by avoiding any unauthorized intervention in a State's internal affairs," India's Permanent Representative to the UN Hardeep Singh Puri said.
The world, he said, needs to move towards a transparent and flexible market for both oil and gas.
Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027. Formal communication in this regard had been shared recently with the finance ministry, underlining LIC's roadmap, plans of further dilution of stake, current norms around public float, and challenges ahead, a government source familiar with the matter said. "Going forward, we will have to take a call, along with Sebi (Securities and Exchange Board of India) and the Department of Economic Affairs on the roadmap for minimum public shareholding (MPS).
Amid the raging Israel-Hamas war, a group of opposition leaders, including MP Danish Ali and former parliamentarians Mani Shankar Aiyar and K C Tyagi, visited the Palestine Embassy in New Delhi on Monday to express solidarity with Palestinians.
'Markets are not expensive; they are fairly priced.'
Although the special relationship might compel Bhutan to be considerate of Indian interests, new challenges will likely arise. An emerging new phase of relations will also call for fresh redlines between India and Bhutan, observe Harsh V Pant and Aditya Gowdara Shivamurthy.
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period. India's economy in Q1 grew at the fastest pace in a year, on the shoulders of a boost in capital expenditure both at central and state levels, along with stronger consumption demand, especially in rural areas, and improved performance in the services sector, he said.
In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.
India's bid for a permanent seat in a reformed United Nations Security Council has received a strong support from many UN member states, including the UK and France, who emphasised that the the world body's top organ must reflect the emergence of new global powers.
The annual Reporters Without Borders analysis attributed the decline in index to "pressure on the media to toe the Hindu nationalist government's line."
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
The G20's Bali Declaration Wednesday acknowledged differences among members on the Russia-Ukraine war but said it was essential to adhere to international law, including protection of civilians caught in conflicts.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
"We continue to be operationally deployed and ever vigilant," he said, adding the IAF continues to monitor all Chinese activities along the LAC.
France's Winter Olympics team will not travel to the 2018 Games in South Korea if its security cannot be guaranteed, France's sports minister said on Thursday, the first major doubts by a participating nation about growing North Korean tensions.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
China will increase its defence spending by "around seven per cent" this year, as it vowed to guard against "outside meddling" in its territorial disputes.
Voicing his deep concern, the UN chief said that the "hospitals in the south of Gaza are already at capacity and will not be able to accept thousands of new patients from the north."
The Ukraine conflict and Chinese activities in the Indo-Pacific region figured in last week's talks between Prime Minister Narendra Modi and French President Emmanuel Macron, and both sides have similar views over the two issues, sources said on Monday.
Delegates of all G20 countries, barring China, arrived in Srinagar on Monday for the third working group meeting on tourism -- a much-anticipated event for which authorities have made extensive security arrangements and spruced up the summer capital of Jammu and Kashmir.
"The fight against impunity is critical to the larger pursuit of securing peace and justice. The Security Council must send an unambiguous and unequivocal message on this count," External Affairs Minister S Jaishankar told the 15-nation UN Security Council briefing on Ukraine 'Fight against impunity'.
