India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to 'stabilise and rebuild' ties.
Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar on Thursday, analysts said.
Foreign policy expert C Raja Mohan has said that the recent disengagement of troops with China in eastern Ladakh has given a small opening to India, but the "big issues" remain. He also stressed the importance of strengthening India's ties with the US for technological and economic growth.
The talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved as the pact has economic benefits for both the nations, trade experts and exporters said on Friday. However, they said that India may not hurry for the trade agreement as 60 per cent of New Delhi's exports are already entering Canada at zero duty. Earlier this month, India and Canada paused the negotiations for the agreement due to political reasons.
India's Foreign Secretary Vikram Misri will travel to Beijing for a two-day trip beginning Sunday, marking the second high-profile visit from India to China in less than one-and-a-half months. The visit comes amidst ongoing border tensions and follows a recent disengagement pact between the two countries in eastern Ladakh. The Foreign Secretary-Vice Minister mechanism meeting will focus on the next steps for India-China relations, including in the political, economic, and people-to-people domains. The decision to revive this bilateral mechanism was taken at a meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Kazan in October.
'Retail investors have to stick to their asset allocation plans and continuously do portfolio reviews.'
Several candidates, including Taranjit Singh Sandhu, the BJP's Amritsar candidate, are promising resumption of India-Pakistan trade via the Attari-Wagah land route.
Chinese ambassador to India, Xu Feihong, on Wednesday expressed hope that the recently completed Indo-China border disengagement in Eastern Ladakh would smoothen relations and pave the way for a better understanding between the two neighbours in the days ahead.
Doval is in Beijing for the 23rd round of the Special Representatives' talks being held after a gap of five years.
President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.
The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated.
Treesa Jolly and Gayatri Gopichand capped a remarkable week by clinching a maiden Super 300 title with a commanding straight-game victory over China's Bao Li Jing and Li Qian in the Syed Modi International final on Sunday.
India is among 133 nations that voted in favour of a draft UN General Assembly resolution which seeks resumption of failed negotiations on an international arms treaty aimed at regulating the USD 70 billion global trade in conventional weapons.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
India and the US on Wednesday expressed the hope for an early resumption of the Doha round of negotiations and agreed to make all efforts to achieve an ambitious, balanced, and pro-development outcome.
"Give up arms and come for talks or our forces will hunt you down," the home minister said in election rallies in Jammu and Kashmir.
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
In an interaction with a group of Indian journalists, the three-time prime minister and president of the ruling Pakistan Muslim League-N described Jaishankar's visit as a "good opening" and said both sides should now engage and move forward.
India has agreed to allow import of pork and pork products from the US as a part of a bilateral trade deal which will facilitate export of Indian mangoes and pomegranate to the US. The development comes months after the two governments renewed the India US Trade Policy Forum (TPF), after which both nations agreed to iron out thorny issues that included market access issues pertaining to the agriculture sector.
Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. NSE Nifty zoomed 274.20 points to end at 14,982.
Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
India's high commission in Canada said on Wednesday that the country's officials will resume processing some types of visa applications for Canadians applying from across the country as well as abroad.
The National Stock Exchange (NSE) on Monday said failure of telecom links as well as that of storage area network system led to the outage last month and that steps are being taken to address the issues. Between primary and NDR (Near Disaster Recovery) sites, NSE said it has multiple telecom links with two service providers to ensure redundancy. In a detailed statement on the outage that happened on February 24, the bourse said various measures have been taken and others are under implementation to address the issues.
There is an unprecedented sense of jubilation among investors, as they expect a big thrust on the reforms front.
The long-awaited Sino-Indian border trade through the Nathula Pass in East Sikkim will resume next month.
"I think very soon. We are doing very well. (US Trade Representative) Robert Lighthizer who is right here negotiating with India... I think, very soon we will have a trade deal," Trump told reporters when asked if there is any trade deal is expected between India and the US.
Last year, the trade could not take place, for the first time since 1992, due to protests in Tibet in the wake of the Beijing Olympics. This year China has not given its permission so far heightening suspense over resumption of the trade at Taklakot mart in Tibet.
Pakistan-India Chambers of Commerce and Industry president Ilyas Ahmad Bilour has urged Prime Minister Atal Bihari Vajpayee to restore air service between the two countries to promote bilateral trade.
According to exporters, withdrawal of incentives under GSP would impact India's export worth $5.6 billion to the US.
Addressing the 'Namaste Trump' event at the Motera Stadium in Ahmedabad, Trump said that both the countries are in the early stages of discussion for an 'incredible' trade agreement to reduce barriers of investments.
According to sources in the know, nearly 25,000 workers from Honda Motorcycle and Scooter India, Suzuki Powertrain India, Gurgaon-based Maruti Udyog Kamgar Union, Suzuki Motorcycle India, Sona Koyo Steering Systems, etc, filed a memorandum before Deputy Commissioner P C Meena.
In a significant turnaround, Pakistan has said it is ready to resume trade relations with India on bilateral level as well as under the SAARC umbrella as soon as dialogue between the two countries begins
Markets continued to trade firm, after retreating from the day highs, as gains in oil and gas shares helped offset partial losses in FMCG majors.
The resumption of border trade between India and China through Nathula in Sikkim has been set tentatively for September this year.
'We have had three wars with India, and they have only brought more misery, poverty, and unemployment to the people'
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