Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
'By lifting his visit to vibrant new functional and emotional planes, Modi saved it from looking like a mere obligatory give-and-take. This is no mean achievement. With his penchant for execution, he must fast track action on the proposals agreed upon, so that the fine print matches the hype,' says B S Raghavan.
Gujarat opener Priyank Panchal is likely to lead India 'A' in three four-day 'Tests' against New Zealand 'A'
India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank of India (RBI). The RBI decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, as the economy faces the brunt of the second COVID-19 wave. Sanjay Aggarwal, president of PHD Chamber of Commerce and Industry, said the RBI has maintained an accommodative stance as long as necessary to revive and sustain growth on a durable basis and to mitigate impact of COVID-19, apart from an aim to keep inflation within the target.
Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.
With a narrow industrial base and dysfunctional politics, and a counter-productive national security agenda, Pakistan could well remain an 'international migraine', observes T N Ninan.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
The navy's need for shallow water anti-submarine craft stems from the peculiar nature of the Arabian Sea bed, which is extremely shallow even tens of nautical miles from the coast.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
Leading economists have pencilled in a high 13-15.7 per cent uptick in the economy in the first quarter of 2022-23 with an upward bias. Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per cent in the first quarter with more chances of the final numbers printing in higher, while Aditi Nayar, the chief economist at the rating agency Icra, said the economy will grow much lower at 13 per cent in the June quarter. The national statistical office will announce the first quarter GDP numbers later next week.
Injured Rohit Sharma's availability for the second Test against Bangladesh, starting in Mirpur from December 22, will be known in a day or two, stand-in India captain KL Rahul said on Sunday.
The body language and intensity were not up to the mark, said a disappointed India skipper Virat Kohli, counting the many errors his team committed in the massive 227-run loss to a "more professional and consistent" England in the opening Test in Chennai.
Like, Share, Subscribe, Vote: The 2024 polls may be dubbed 'YouTube election'.
The weak April-June quarter (first quarter, or Q1) results of the largest listed specialty chemical maker, SRF, and multiple global headwinds for the sector are expected to weigh on the prospects of Indian specialty chemical companies in 2023-24 (FY24). Stocks in the sector (down 7-18 per cent) have underperformed the benchmarks (up over 10 per cent) in the past three months, and given the multiple challenges, the trend is likely to continue. Kotak Institutional Equities expects a very weak quarter (Q1FY24) for the sector due to destocking, demand weakness across certain critical end-use industries, and price erosion amid intense competition from Chinese suppliers.
Prime Minister Narendra Modi will visit Abu Dhabi on July 15.
Suryakumar Yadav oozes confidence and it rubs off on the other batters in the squad, says Mumbai Indians skipper Rohit Sharma.
'Hamas is going to be prepared. There will be booby traps and tunnels; it's going to be door to door fighting.'
Giving the background on the decision to export vaccines, SII said, "In January 2021, we had a large stockpile of vaccine doses. Our vaccination drive had started successfully and the number of daily cases being recorded were at an all-time low."
"China has always been publishing information on COVID-19 deaths and severe cases in the spirit of openness and transparency," Jiao Yahui, head of the Bureau of Medical Administration under the National Health Commission, said at a press briefing held.
His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
The curtains were brought down on a memorable Asian Games with the celebration of the athletes' stupendous feats and China's cultural heritage at a colourful and technologically mesmerising closing ceremony in Hangzhou on Sunday.
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
To prevent dehydration, drink plenty of water, natural fruit juices, or vegetable juice every day, suggests Dr Divya Gopal.
One more cheetah has died at the Kuno National Park in Madhya Pradesh, making it the sixth adult feline to have died since March, according to a statement from the Madhya Pradesh Forest Department on Wednesday.
At a public hearing in New Delhi on Monday, civil society and community members shared accounts of the evictions and anti-encroachment drives.
The submarines are being constructed at Mazagon Dock Shipbuilders Limited in Mumbai in collaboration with the Naval Group of France.
The Indian team and National Cricket Academy's injury management has once again come under scanner with the recurrence of Shreyas Iyer's back injury.
United States National Security Adviser Jake Sullivan met with his Chinese counterpart in Rome and held discussions on a range of issues, including bilateral relation and Russia's war against Ukraine, the White House said.
India is looking at near close to double-digit growth this year and the country will be one of the fastest-growing economies, Finance Minister Nirmala Sitharaman has said. The minister also emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.
'...That's why he puts so much importance on this format and at a time when Test cricket needs all the love it can get'
Suryakumar Yadav says he is flexible enough to bat at any position but was delighted to get the opportunity to bat at No 3, where he hit a match-winning half-century for India in the fourth T20I against England in Ahmedabad on Thursday.
Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.
Rahul had suffered the debilitating injury during the IPL, which later necessitated surgery in London.
Divyansh Singh Panwar would have gone through an entire gamut of emotions in the last two days of the Asian Games in Hangzhou.
Atmar briefed Jaishankar about the situation in the war-torn country amid growing security concerns over the Taliban fighters rapidly seizing control of a large number of areas, forcing many countries to scale down their presence there.
'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
Chief Economic Adviser K V Subramanian on Monday said India is likely to post current account surplus in the current financial year as there is moderation in import due to under heating of the economy triggered by the COVID-19 crisis. This crisis is different from what the world witnessed during the taper tantrum, he said while addressing a virtual conference organised by industry body CII. Taper tantrum phenomenon refers to the 2013 collective reactionary response that triggered a spike in US treasury yields, after investors learned that the US Fed was slowly putting brakes on its quantitative easing (QE) program.
Injuries to KL Rahul and Shikhar Dhawan have brought Gautam Gambhir back into the picture, and batting coach Sanjay Bangar says the Delhi batsman will be a vital cog in the Indian Test team in the long home season.
'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.'
