Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
As settlement in dollars has become difficult due to sanctions imposed against Iran, India and Iran will explore other currencies like the euro, yen and dirham to resolve the stalemate over payment for oil imports at their meeting later this week in Tehran.
Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.
The United States and European Union have slapped tougher and "wide-ranging" sanctions on Russia, targeting its energy, finance and defence sectors for its continued support of separatists in Ukraine.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
The immediate concern for the rupee is the sharp spike in oil prices
Her remarks assume significance as they come after the US told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions, making it clear that there would be no waivers to anyone.
Trump congratulated Modi on his election victory and said that the two countries would work together in many areas including military.
According to an official source, the Rs 8,000-crore (Rs 80-billion) capacity expansion plan by Chennai Petroleum Corporation Ltd may get hit as European companies are reluctant to give technology licensing for the upcoming six-million tonne units.
If there is a morality tale here, it is that debt and death spare no king.
The ministry is in consultation with various other stakeholders and ministries on this and the department of financial services was working on the proposal.
To help them make up for the revenue lost on selling auto and cooking fuel below cost.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
Weakness in euro against the dollar weighed on the rupee.
India has a great opportunity to act as go between Iran and the rest of the world, says Colonel (retd) Anil Athale.
Overall, Tata Steel becomes the seventh non-financial firm, including four oil PSUs to report quarterly revenues of Rs 50,000 crore.
ONGC Videsh Ltd, the overseas investment arm of state-run Oil and Natural Gas Corp (ONGC), will take a 40 per cent stake in San Cristobal oilfield in Venezuela.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
Russian President Vladimir Putin arrived in New Delhi late on Friday night for annual summit talks with Prime Minister Narendra Modi on Thursday that is aimed at building on the already close strategic ties, particularly in the fields of nuclear energy, hydrocarbons and defence.
By letting Delhi keep an open line with Tehran, the United States seeks to balance its dependency on Pakistan in managing Afghanistan, says Jyoti Malhotra
However, they put in Rs 2,744 crore in the debt markets during the period under review.
India, which imports 12 per cent of its oil from Iran, will not scale down its petroleum imports from Tehran despite US and European sanctions against the Islamic republic, Finance Minister Pranab Mukherjee has said.
New Delhi, as the only agent that enjoys trust in all the key capitals, must offer itself as a back-channel interlocutor, says Ajai Shukla
As the Barack Obama administration tries to impress upon India and other nations to join in the US-led sanctions regime against Iran to isolate that country for its alleged nuclear weapons programme and reduce their energy dependence on Teheran, India's Ambassador to the United States Nirupama Rao noted that India's imports of Iranian oil has been on the decline and predicted it may dissipate even further.
'By annoying the Arabs and cozying up to Iran, Pakistan may end up losing Arab economic support, annoying the Americans and increase Shia-Sunni tensions domestically,' Colonel Anil A Athale (retd) points out.
Resisting US pressure to further scale down oil imports from sanction-hit Iran, India on Monday made it clear that it has to look at the issue involved beyond the energy trade as it has "vital" security stakes in the Gulf region.
"We have many relationships...they have a history. We will do what is in our national interest and part of that strategic partnership is the ability of each country to comprehend and appreciate the national interest of the other," Jaishankar said.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
'We're not going to give up hundreds of billions of dollars in orders and let Russia, China and everybody else have them. It's all about -- for me -- very simple, it's America first'
This is Kim's first overseas visit since he took over power in 2011 after his father's death.
Time and cost overruns are endemic to most Indian warship building projects. A central reason is the Indian Navy's operational assessment that it is better to get a warship late and ov
2018 has been a disappointing and highly volatile year for equity investors.
The House approved the supplementary demand for the current financial year after Finance Minister Pranab Mukherjee replied to general discussion on the Budget in the Lower House.
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
The rupee has depreciated 10.5 per cent against the dollar this year, making it Asia's worst-performing currency.
Petrol and diesel prices on Tuesday touched fresh highs as rupee dipped to a record low of 71.54 against US dollar, making imports costlier
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. "Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don't need to import from China," said the minister. He observed that India was exporting a lot of items instead of importing them.
'The Chinese are only about 160-170 km behind.' 'It will not take much time for them to bring their troops back, considering that they have better infrastructure -- and the weather is now favourable.' 'They can move in much faster as the terrain favours them.'
