Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
The possibility of a deal between Iran and the world on its nuclear programme has some perils but much promise for India, says Uday Abhyankar
Tillerson, 64, who was confirmed by the Senate in a 56-43 vote, was administered the oath of office by Vice President Mike Pence.
It is imperative to check the basics of a company before investing in it
The rouble has been falling steadily since early November and collapsed earlier this month following a spectacular decline in the price of crude oil to five-year lows.
The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Propelled to the position of the Secretary of State to "undo" years of American foreign policy "blunders and disasters", ExxonMobil CEO Rex Tillerson now faces the biggest challenge of his life to translate his business acumen to international diplomacy.
After Pyongyang tests a missile potentially capable of reaching the US, Dr Rajaram Panda explores the realistic -- and peaceful -- options before Donald Trump and the international community at large.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
The US also blasted China and Russia for not joining hands with the international community in their efforts to combat the North Korean threat.
Tillerson, is currently on top of the list of Trump's Secretary of State because of his contacts with the world leaders, in particular Russian President Vladimir Putin, media reports said.
Rupee is likely to remain under pressure due to domestic concerns.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
Overall forex market sentiment suffered a sudden reversal of fortune contrary to expectation largely moving in line with local equities, reversing all early strong gains.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
Iran on Thursday ordered a release of an Indian tanker seized by it in Persian Gulf while carrying crude from Basrah in Iraq and taken to its Bandar Abbas Port 24 days ago.
Hassan Rouhani to offer Friday prayers in Hyderabad's Mecca Masjid.
"We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," acting principal deputy assistant secretary of the US, Thomas Vajda said.
Jaishankar is the first foreign secretary to head the Ministry of External Affairs as minister.
Scanty rain would have put extra pressure on food prices.
Any attempt to defang Islamic State must first cut off its main sources of funding, especially its revenue from oil sales, extortion and crime, ransom payments, and support from foreign donors. This will also be need to be backed up by efficient forces on the ground.
The Russian currency depreciated by 24 per cent in the past month to trade at 56.54 to the dollar at present, a sharp recovery after hitting a low of 68 in early December.
This was Kim's first visit abroad as North Korea's leader and came ahead of his planned summit with Donald J Trump.
The Russian Direct Investment Fund will team up with an Indian partner to invest $1 billion in hydroelectric projects in Asia's third-largest economy, the head of the Russian state fund told Reuters on Wednesday.
'The change of vocabulary in the India-US conversation was significant and refreshing.' 'It matched the styles of Trump and Modi.' 'The differences were not papered over, but there was determination to resolve them in the days ahead,' says Ambassador T P Sreenivasan.
Even without a sanctioned government project for the Agni-6, it seems inevitable that the Agni-5, over the next few years, will organically evolve into an ICBM with improved technologies and capabilities.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
India's low passion, very cautious, relationship with Iran of the last 36 years awaits transformation, says Lieutenant General Syed Ata Hasnain (retd). Prime Minister Modi's visit cannot be a negotiating event; it is a symbolic one to strengthen the politico-diplomatic relationship.
India and Iran on Monday decided to jointly combat terror, radicalism and cyber crime as the two strategic partners signed 12 agreements including a "milestone" pact on developing the key Chabahar port for which India will provide $500 million.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
Sinha said the youth, farmers and the traders were dissatisfied with present policies of the saffron party.
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
The breakthrough phone call by Putin to Erdogan came after the Turkish strongman on Monday sent a letter to the Kremlin leader that Moscow said contained an apology.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
The rupee ended the day stronger against the dollar.
