From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..
Five players have been sanctioned for brawling in the immediate aftermath of Bangladesh's victory over India in the under-19 World Cup final in South Africa at the weekend, the International Cricket Council (ICC) said on Monday. Towhid Hridoy, Shamim Hossain and Rakibul Hasan of Bangladesh and Indians Akash Singh and Ravi Bishnoi were all charged with breaches of the ICC code of conduct and handed international suspensions of between four and 10 matches.
India on Wednesday termed as unjustified the American decision to impose sanctions on its two firms for supplying some chemicals to Iran, asserting that the transfer did not violate Indian regulations or its international obligations.
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.
The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.
Lauding India's "admirable" record in implementing the United Nations Security Council resolutions, the US has voiced confidence that the country would fully enforce the latest tough sanctions against Iran over its controversial nuclear programme.
a former Kenya pacer tried to contact a Ugandan team member multiple times from different numbers during the T20 World Cup.
How can a film that has a character declare that secularism is an illness be taken seriously, asks Deepa Gahlot.
India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
India were ruled to be four overs short of the target after time allowances were taken into consideration.
'She delivers on promises, especially on security issues which is a core concern for India.'
The change of heart in the US and India was propelled by the increased threat of China to both countries, explains Ambassador T P Sreenivasan.
The L-G will take decisions on police, officers of all-India services such as the IAS and the IPS, and giving sanction for prosecution in various cases.
India's premier defence research organisation DRDO has awarded seven new projects to private entities to develop key military assets including underwater launched unmanned aerial vehicle and long-range remotely operated systems.
The Quad summit to be hosted by India in 2024 is likely to enhance New Delhi's strategic intent.
The government may not be able to put in place the Digital India Act, which aims to replace over 23 years old IT Act 2000, before the next general election, as there is not much time left for extensive consultation, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. While speaking at the Global Technology Summit 2023, the minister, however, said the rules for the Digital Personal Data Protection Act will be out later this month for consultation and are expected to be notified by the end of December or early January. Chandrasekhar said the existing IT Act doesn't even have the word internet, and there is a consensus that it can be safely superseded and replaced.
The United States argued that it had not had an outbreak of high pathogenic avian flu since 2004, while India had 90 such outbreaks between 2004 and 2014
Delicious snacks, parathas made from sabudana.
Earlier, China had extended the "technical hold" on India's move to get Azhar designated as a terrorist by the UN.
The cricket World Cup could be staged for the first time in the USA with some matches of the T20 World Cup 2024 likely to held at Central Broward Regional Park.
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
United States Secretary of States Hillary Clinton on Monday announced Obama administration's decision to exempt India and six other countries from US economic sanctions after they significantly reduced their imports of Iranian oil.
Karnataka Chief Minister Siddaramaiah on Tuesday said he will not hesitate from facing investigation in a site allotment issue but added that he would consult legal experts to find out whether such a probe is allowed under law.
The United States' efforts to isolate Iran for its alleged clandestine development of a nuclear weapons capability will figure in the strategic talks between Washington and New Delhi this week, but whether India will be issued a waiver from sanctions against those nations that do not dramatically curtail oil imports from Iran will not be a part of the discussions, a senior US official has indicated.
India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.
Former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth.
The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).
To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a credit-card transaction. Sources in the know said these charges could be 1-1.2 per cent. Fintech participants concur with the view that the interchange fee is expected to be lower than that for a credit-card transaction.
Iran has complained of irregular shipments
Islamabad refused to take back its citizen deportees and visa over-stayers from America
The US has extended waivers that exempt nine countries, including India and China, from fully complying with American sanctions targeting Iran's oil exports, citing their significant reduction in oil import from Tehran.
Anwar Ali, his current side East Bengal, and parent club Delhi FC on Thursday moved the Delhi High Court and sought a stay on the suspension imposed on the player.
'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'
Pakistan is allegedly working on an offensive chemical and biological warfare program with the help of its 'all-weather friend' China.
India has hit out at China for blocking a move to designate Pakistan-based LeT leader Sajid Mir as a "global terrorist" by the UN, saying it shows a lack of genuine political will to fight the scourge of terrorism.
'Their role model is Iran: high control of the citizens by the State.' In Iran it is Islamic control; in India, it will be Hindutva control.'
India will back any United Nations Security Council sanctions against Iran over the question of its nuclear weapons programme, Prime Minister Manmohan Singh told the Council on Foreign Relations last week.He hoped, however, that President Barack Obama's ongoing outreach programme to Teheran would result in a viable compromise, and obviate the need for such harsh action.
