Rishi Sunak on Tuesday scripted history when he was appointed by King Charles III as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party on Diwali.
Newly-appointed British Prime Minster Rishi Sunak said on Tuesday that he has been elected to fix some of the "mistakes" made by his predecessor as he promised to place "economic stability and confidence" at the heart of his government's agenda.
'As PDP chief, Mehbooba has every right to raise issues in her party's interest.'
Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.
India will need to watch carefully and understand the new round of instability and uncertainty in Pakistan, while charting the course of its future diplomatic initiatives, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
The Centre on Thursday said it will give a few more days to Aam Admi Party to explore the possibility of forming a government in Delhi where political uncertainty continues after the recent Assembly elections threw a hung verdict.
Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc.
'India has given assistance that we required, otherwise we would not have been able to survive this far.'
'The uncertainty on future leadership needs to be dispelled. It is already late as if today is yesterday. If necessary, a direction can be given to Rahul Gandhi to assume leadership'
Amid prolonged uncertainty, continued policy support will be crucial for sustained economic recovery from the coronavirus pandemic, Reserve Bank Governor Shaktikanta Das said at the recent meeting of the Monetary Policy Committee. "In this period of prolonged uncertainty, it would be wise to remain agile and respond in a gradual, calibrated and well telegraphed manner to the emerging challenges," opined Das, according to the minutes of the MPC meeting released by the Reserve Bank on Thursday. Observing that economic recovery from the pandemic remains incomplete and uneven, he said, "continued support from various policies remains crucial for a sustained recovery." The governor said the renewed surge in international crude oil prices, however, requires close monitoring.
The mass gathering was organised to celebrate the Lag B'Omer holiday at Mount Meron.
At least half a dozen names have begun doing the rounds as Dhami's likely replacement, including Chaubattakhal MLA Satpal Maharaj, Srinagar Garhwal MLA Dhan Singh Rawat, former chief minister Triveda Singh Rawat, who did not contest the polls this time, and Didihat legislator Bishan Singh Chufal.
The brokerage said it has high hopes for recovery and reforms following the general elections.
The biggest winner will be the BJP -- which has such a small presence that every incremental vote it gets can only increase its strength. But the man who will win despite losing everything will be Captain Amarinder Singh, predicts Aditi Phadnis.
It said while Indian IT services companies were the "disruptors" and had created the modern offshoring industry, they are now incumbents, challenged by a host of specialised and niche start-ups that have emerged in the new digital environment.
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It also painted a grim possibility of any major gains in the rupee during the current fiscal saying that the continuing global volatility, and domestic political uncertainty ahead of the 2014 hustings will limit chances of any significant appreciation apart from further impact growth.
India's demographic dividend may not automatically give rise to tangible economic gains -- at least not with immediate effect -- but it is likely to have a big impact on the coming Lok Sabha elections, Mayank Mishra
The CDS has the option to focus on key areas of capability development to fight new generation wars or get bogged down in trying to bring cosmetic changes to humour the political leadership, asserts Brigadier Narender Kumar (retd).
As uncertainty looms large in Afghanistan, Indian pharma exporters are apprehensive to send goods to the war-torn country and the target of exporting $126 million worth of pharmaceutical goods to the Taliban-ruling nation now depends on the future outcome. Udaya Bhaskar, director general of Pharmaceuticals Export Promotion Council of India (Pharmexcil) body under the Department of Commerce on Tuesday said as the situation is grim over there and India pharma exporters have cordial relations with Afghanistan. "The projected target for 2021-22 is $126.22 million.
She also voiced hope that the Centre will initiate an inclusive engagement through an institutionalised mechanism to address the Kashmir issue and the separatists will respond positively to it.
The JD-U has become probably the first party in recent years to target its own senior leader for corruption.
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
As employers eye quality talent, employees will enjoy an upper hand in demanding high pay, better benefits, remote work options and other perks, predicts Navneet Singh, CEO, Avsar, a talent management firm.
'18 threats' that international cricket faces right now
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
'The Rajapaksas have been in active politics for decades and survived many challenges, but they seem to have misread this one.'
Ramiz Raja part of ICC working group formed to review cricket in Afghanistan
'That would be very bad for them and suicidal for both the Gandhis and the Congress party.'
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
With Pakistan Prime Minister Imran Khan virtually losing the majority in the 342-member National Assembly after the defection of two key allies, backdoor efforts are underway to reach a deal between the premier and the joint opposition to dissolve the lower house, according to a highly placed source.
India's gross domestic product grew at a decade low of 5 per cent last fiscal.
Nearly 70 per cent of Nepal's electorate voted on Tuesday to choose an assembly that will draft a new constitution to end years of turmoil and political uncertainty though balloting was hit by sporadic violence, including vandalism and explosions that injured a dozen.
The 'Make Rahul Gandhi All India Congress Committee president again' chorus is growing louder in the Congress with half a dozen state units so far seeking his elevation to the top post, even as uncertainty and suspense persisted over whether he would take on the mantle.
The ministry-making exercise took so long because many factors needed to be balanced. But now that it is in place, not everyone is happy with the resultant equation.
Xi, 68, holds China's all three power centres -- General-Secretary of the CPC, Chairman of the powerful Central Military Commission which is the overall high command of the military, and the Presidency is set to complete his second five-year tenure next year.
Oil edged up on Tuesday, steadying after a 5 per cent plunge in the previous session that saw prices touch fresh 5-1/2-year lows in an oversupplied market.
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Emerging markets facing 5th year of slow growth: World Bank.
