Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.
'Clearly, there is a wide gap between the stated intentions of China's top leadership to improve relations with India and the PLA's aggressive border management,' says Brigadier Gurmeet Kanwal (retd).
The Kerala Assembly passed a bill allowing for the establishment of private universities in the state. This marks a significant policy shift for the CPI(M)-led government, which had previously opposed privatization of education. The bill was passed by voice vote following discussions on Monday and Tuesday. The opposition raised concerns about the potential impact of private universities on public institutions and questioned the practicality of the requirements for starting a private university. However, the government defended the bill, stating it was a necessary step to improve higher education in Kerala and elevate public universities to global standards.
Among the Sensex firms, Sun Pharmaceuticals, Tech Mahindra, HCL Technologies, Infosys, Bajaj Finance, Eternal, Tata Consultancy Services, UltraTech Cement, Bajaj Finserv, Tata Steel, ITC and L&T were the major laggards. Asian Paints, Mahindra & Mahindra, BEL, Adani Ports, State Bank of India, Trent, HDFC Bank were among the gainers.
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.
'Most of them (H-1Bs) are from one country, India, there's a cottage industry about how all those people make money off this system.'
External Affairs Minister S Jaishankar will represent India at the inauguration of Donald Trump as the 47th President of the United States on January 20.
External Affairs Minister S Jaishankar met Russian President Vladimir Putin to discuss ways to further expand India-Russia ties, following talks with Foreign Minister Sergey Lavrov focusing on trade.
'The logic every one of our neighbours must realise is that working with India will give you benefits, and not working with India has a cost.'
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Gor underlined that President Trump has a "deep friendship" with Prime Minister Narendra Modi, and that is something that is unique.
India briefed envoys of around 45 nations on the Pahalgam terror attack and its link to cross-border terrorism. The envoys were briefed in two batches by senior officials of the Ministry of External Affairs (MEA). India also announced punitive measures against Pakistan, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post. Pakistan responded by shutting its airspace to all Indian airlines and suspending trade with New Delhi.
Senior Congress leader Shashi Tharoor says US tariffs are negatively impacting India, leading to job losses, and criticizes President Trump's diplomatic behavior.
Soon after Kharge's remarks, Tharoor put out a cryptic post on X in which there was an image of a bird with the caption --"Don't ask permission to fly. The wings are yours. And the sky belongs to no one..."
'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
The United States State Department has authorised a Foreign Military Sales (FMS) case for Turkiye to purchase AIM-120C-8 Advanced Medium-Range Air-to-Air Missiles and related elements of logistics and program support for an estimated cost of $22 million.
Israel's aerial assault on Iran is widely viewed as an act of naked aggression with no basis in international law, carried out unilaterally despite US opposition and aimed at derailing ongoing US-Iran nuclear negotiations, observes Ambassador M K Bhadrakumar.
'The Alaska Summit made me realise that while difficult, peace is within reach.'
Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.
The government has identified critical sectors, including electronics, chemicals, leather and footwear, and toys, where value chains can be strengthened to facilitate and drive foreign direct investment (FDI) into the country. Invest India, the investment promotion and facilitating agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has been actively identifying key value chains to focus on.
'...are young Indians with aspiration to go to the US.' 'The dream has to be more about working in India...'
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
Congress general secretary, communications, Jairam Ramesh said the G7 Summit of the presidents of the US and France; the prime ministers of the UK, Japan, Italy and Canada; and the Chancellor of Germany is taking place in Kananaskis in Alberta, Canada, from June 15.
China defended the BRICS economic alliance, stating it is not a bloc for confrontation, after former US President Donald Trump threatened tariffs on countries aligning with its 'anti-American policies'.
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.
'Stage five of this catastrophe has begun: Starvation.'
All-party parliamentary delegations on Friday met leaders and diplomats from several countries to galvanise international action against terrorists and decisively counter the tactics of those who perpetrate, support and sponsor cross-border terror activities against India.
Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.
'Geopolitically and diplomatically it's a very difficult situation for India.'
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
An editorial in the Chinese newspaper -- People's Daily -- has said that powers that be in Beijing are not surprised or overtly troubled by 'India's hegemonistic designs' in the Asian region, attributing it to New Delhi's 'narrow-minded and intolerable response to outside criticism'.It further goes on to analyse that in the British era, India as a country covered a vast territory including present-day India, Pakistan, Myanmar, Bangladesh as well as Nepal."
Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.
The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.
'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'
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