Equity and oil markets can breathe easy for now, as the developments in Russia are unlikely to trigger a runaway rally in crude oil prices, said analysts. India, which imports nearly 80 per cent of its crude oil requirement, has been dependent on cheap Russian oil over the past few months to keep inflation - a sore point for the equity markets - in check. For the Indian markets that are expected to remain volatile amid these developments, analysts believe, the progress of monsoon, fund flows - both foreign institutional investor (FII) and domestic - and the upcoming corporate earnings season back home remain key.
Two influential Congressional sub-committees will hold a joint hearing on Pakistan's commitment in the fight against terrorism
A top management leadership team from SoftBank has been coming to India in the last few days to meet the founders of start-ups and other investors, signalling the country's emergence as a pivotal market for the global investment giant. Based on current estimates, India accounts for nearly 10 per cent ($20 billion) of SoftBank's invested assets under management (AUM) globally. That makes the country its third largest market after the US and China.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
Kissinger's approach of balance of power, secret diplomacy and moderating ideology are the need of the hour. That is the greatest tribute to an intellectual who had a major impact on the world in his lifetime, notes Colonel Anil A Athale.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
Ahead of the Budget, the Survey made a case for gradual exit of stimulus provided to the industry.
Congressman Gary Ackerman, who chairs the House Subcommittee on the Middle East and South Asia, also warned that US military and economic aid could influence government policies but cannot change ground realities.
India figured prominently in a leading Washington think-tank's recently simulated energy crisis, which brought together leading energy and regional experts from across the United States, to examine the likely response of various countries to a major terrorist attack on energy distribution and production facilities in the Middle East and Southeast Asia.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
'But unlike Bond who killed an individual, Israel is killing a nation.'
Gulf Cooperation Council member countries will see their gross domestic product grow at 5.2 per cent in 2010 on the back of rising oil revenues, the IMF has said.
Emphasising on building a "peaceful neighbourhood", Pakistan Prime Minister Nawaz Sharif on Tuesday said his country is committed to engaging India for peaceful resolution of all outstanding issues, including Kashmir, through sustained dialogue.
The subcommittee, a key panel of the House Foreign Affairs Committee, has jurisdiction over United States policy towards all countries in the two regions, including important US allies Israel and India.
Convening a hearing titled US Policy Towards Pakistan, Ackerman slammed Islamabad for its continuing duplicity in helping the US in its global war on terror.
Foreign teams that will land in India for next month's FIH Men's Junior Hockey World Cup in Bhubaneswar have been exempted from quarantine and will only be required to monitor themselves for COVID-19 symptoms during the stay.
Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.
The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar.
Israel wants to provide India with high-resolution pictures of Kashmir from its photoreconnaissance Ofeq-5 satellites.
In an open letter to Blair, they charged that current foreign policy of the government fans the flames of extremism and may put British citizens at risk of attack, both in the UK and abroad.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Given the rapid increase of Pakistan's nuclear arsenal, a former Central Intelligence Agency analyst suspects the country has a commitment to provide a nuclear bomb to Saudi Arabia.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
The head of the International Monetary Fund on Tuesday forecast the global economy would grow by slightly more than 3 per cent this year and advanced economies may need to cut interest rates to support the recovery.\n\n\n\n
Republican presidential aspirant Bobby Jindal has sought steps by the United States to take the mantel of global leadership saying even non-aligned nations like India and Vietnam are desperate and hungry for American leadership.
He will also order the state department to start the process of planning and building a new US embassy in Jerusalem, but White House officials said that process would take at least three years.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled ' World Inequality Report 2022', has been authored by Lucas Chancel, co-director of the World Inequality Lab, and coordinated by several experts, including French economist Thomas Piketty. It further said India is now among the most unequal countries in the world.
'I wear heels. It's not for a fashion statement.' 'It's because if I see something wrong, we're going to kick them every single time.' 'If you challenge us, be prepared for what you're challenging us for, because we will respond.'
Privatise the railway stations and modernise them, urged Modi.
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, Gitanjali Gems Chairman and Managing Director Mehul Choksi said.
Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
