There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.
The Indian Embassy in Riyadh has confirmed that an Indian national was injured but no fatalities occurred in a projectile incident in Saudi Arabia. The injured individual is receiving treatment at a government hospital.
Aseem Mahajan, Additional Secretary (Gulf) in the Ministry of External Affairs, on Saturday informed that five Indians have been killed and one is missing due to the ongoing conflict in West Asia. He added that Indian missions remain open round the clock and are constantly working to provide assistance.
Analysts say long-term investors may still benefit, but recommend limiting bullion exposure to around 10 per cent.
An Indian national was killed in Saudi Arabia after a projectile struck a residential area in Al-Kharj Governorate. The incident also resulted in the death of a Bangladeshi national and injuries to twelve others.
'The AIADMK and DMK have 75% of the total votes. 25% of the voters do not support the two majors,' says DMK spokesperson Saravanan Annadurai.
Chinese foreign ministry spokesperson Mao Ning said that the country believes that dialogue and negotiation are the only viable solutions to resolving disputes and that the continued escalation of the conflict serves no one's interests.
Indian Grandmaster Koneru Humpy is uncertain about competing in the Candidates Tournament in Cyprus due to safety concerns amid the West Asia conflict, despite assurances from FIDE.
The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.
'Refiners may soon be forced to adjust operations, curtailing runs as product exports stall and directing output solely to domestic markets.'
Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.
Two expatriate workers were killed after debris from a downed drone fell in an industrial area in the Sohar province of Oman.
US Special Representative Sergio Gor met with Sri Lankan President Anura Kumara Dissanayake to discuss strengthening bilateral relations and Sri Lanka's stance on the Middle East crisis. The visit occurs amidst regional tensions and US efforts to secure trade routes in the Indo-Pacific.
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.
Sonia Gandhi has criticised the Modi government's silence on the assassination of Iran's Supreme Leader, arguing it raises doubts about India's foreign policy direction and credibility.
US-Israel air attacks intensified on the seventh day of war, striking Tehran and other Iranian cities.
India has expressed condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei following a joint US-Israel strike, amidst rising tensions in West Asia and criticism over the sinking of an Iranian warship.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
Union Minister Pralhad Joshi assures that the Indian government is prepared to bring back Indians stranded in the Gulf region due to the Iran-Israel conflict and disruptions in Dubai, emphasizing citizen safety as the top priority.
Sri Lanka will repatriate the bodies of Iranian sailors killed on the IRIS Dena, which was reportedly sunk by a US submarine. The government is also addressing potential impacts on food security and fuel supplies due to the war situation.
FIDE, the world chess governing body, has rejected calls to move the Candidates Tournament from Cyprus despite security concerns arising from regional conflicts. The tournament is scheduled to begin on March 28.
Darren Sammy: 'We are most people's second favourite team, but we're playing against their favourite.'
Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.
Sri Lanka has allowed a second Iranian ship, IRINS Bushehr, to dock at Trincomalee port after it reported engine failure, following the sinking of an Iranian frigate. The move comes amidst heightened regional tensions and a joint US-Israeli attack on Iran.
India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.
US President Donald Trump welcomed Lionel Messi and his Inter Miami team to the White House on Thursday as he boasted about the United States' ongoing operation in Iran.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's foreign policy and his remarks referencing the COVID-19 pandemic in relation to the West Asia situation.
Former Maldives President Mohamed Nasheed advocates for building democratic institutions over military intervention in resolving international conflicts, particularly in the context of the escalating West Asia crisis. He also discusses the impact of the conflict on the Maldives' tourism-dependent economy and calls for a stronger, more understanding India in the Indian Ocean Region.
Authorities in Mumbai are investigating an email threatening bomb attacks on key buildings, including the Vidhan Bhavan and the Bombay Stock Exchange (BSE). Security has been heightened, and officials are working to trace the origin of the threat.
The US President has previously made similar claims, stating that Sharif had credited him with saving millions of lives by helping end the conflict between the nuclear-armed neighbours.
Kerala Chief Minister Pinarayi Vijayan held an online meeting with Loka Kerala Sabha members in the Gulf region to discuss support for the expatriate community amidst the escalating conflict in West Asia.
Indian badminton star PV Sindhu was stranded at Dubai airport due to flight suspensions caused by escalating tensions in the Middle East, casting doubt on her participation in the All England Open.
BJP leader Mithun Chakraborty has criticised the West Bengal government over high fuel taxes and alleged security lapses, particularly concerning women's safety and border control.
A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.
Sri Lanka is deliberating appropriate action after a second Iranian ship sought entry to its territorial waters, following an attack on an Iranian frigate near the island nation. The government is focused on safeguarding lives and regional peace.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
The United States has encouraged India to purchase Russian oil already at sea to mitigate supply shortages and price increases amid the West Asia conflict, according to Energy Secretary Chris Wright. This move is described as a short-term effort to stabilise the market without altering Washington's policy towards Russia.
From founding fathers to Europe's most unyielding rulers, these figures have not just held office, they have established a cult of leadership and will leave legacies, mostly mixed, that few can rival.
Games open in Verona with calls for unity amid wars and athlete absences
At least 101 people are missing and 78 are injured after a suspected submarine attack on an Iranian naval ship off Sri Lanka's southern coast on Wednesday, Reuters quoted sources in Sri Lanka's Navy and defence ministry as saying.
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