'The market's sharp decline recently has shaken the confidence of retail investors, leading to increased selling.'
Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.
Opposition leaders in India have expressed hope that Prime Minister Narendra Modi raised the issue of the deportation of Indian illegal immigrants from the United States during his recent visit. They criticized the manner in which the Indians were sent back, shackled and handcuffed on a military aircraft. The leaders also discussed the need for India to address the root causes of migration and the importance of national interest in diplomatic relations with the United States.
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the United States to find the right way to manage the differences by strengthening dialogue and communication.
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
'There are ominous portents of an isolationist administration not only building a physical wall to the south to prevent unwanted immigrants from entering the land of milk and honey, but also trade walls not just against China, but all nations,' foresees Sreekant Sambrani.
The US citizen, who appeared and argued in person before the bench, said if he left India, he would be "cornered".
Because of his proximity to Indira Gandhi, he was able to intervene directly at the level of the PMO, which he did in the days leading up to the partition of Pakistan in 1971 when he transferred crucial information about Pakistan's moves via information handed to him by an East Pakistani diplomat in Poland where he was posted.
In the last year, it has been served at least a couple of times, the latest being the Rose Garden reception on Monday hosted by President Joe Biden to celebrate the Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month.
Israeli officials believe that the International Criminal Court is preparing to issue arrest warrants for senior government officials on charges related to the ongoing war with Hamas, The New York Times reported, citing five Israeli and foreign officials.
The Obama administration has strongly condemned the Pune bombing and said it believes that counter-terrorism cooperation is a key element of the bilateral relationship between the United States and India.
Congress members Ami Bera, Pramila Jayapal, Ro Khanna, Raja Krishnamoorthi and Shri Thanedar released a joint statement after receiving a classified briefing from the Biden Administration on Gupta's indictment.
The United States on Thursday (local time) evaded a question on whether Pakistan held prior consultations with Washington, DC before conducting retaliatory air strikes on Iran.
US President Joe Biden is set to meet his Chinese counterpart on Wednesday in the San Francisco Bay Area, CNN reported, citing senior US administration officials.
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
They have been named for their stake in the Farsi offshore block.
EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
Suresh Kumar's nomination by United States President Barack Obama, to be assistant secretary of commerce and director general of the United States and Foreign Commerce Service, sailed through two key US Senate Committees last week.Now the full Senate has to vote on his nomination, and sources said he could be in place in his job at Commerce by late February or early March.
'The PM was gracious enough to delay his departure from DC by a few hours, and granted a slot for the diaspora meeting.'
In the name of freedom of expression, space should not be given to those advocating violence or legitimising terrorism, India said on Thursday in a message to countries such as Canada, Australia, the US and the UK where pro-Khalistan groups issued posters with threats against senior Indian diplomats.
The constitution of both countries begins with the "three words -- We the People -- as President Biden just mentioned", said Modi, who is on his first state visit to the US.
Pakistan has agreed in principle to launch a full-fledged military operation against Taliban militants in North Waziristan. But it will be a tough task for the country's army, as the terrain is believed to be the stronghold of numerous Arab, central Asian, Pashtun and Punjabi militants.The military operation may increase the flow of US aid to Pakistan, but the consequences might be unaffordable for the beleaguered country.
In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.
Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.
Rather, cold reactions are expected considering the contentious issues the US is bound to raise -- Taiwan, human rights, and North Korea.
Russia has already begun delivery of the first S-400 systems, and the question of sanctions, or of a waiver to sanctions, preoccupies New Delhi.
Out of 120 members of the Knesset (Israeli parliament), Netanyahu has the support of 64 members
The BSE gauge Sensex tanked over 1,500 points to crack below the 57,000-mark and the NSE Nifty slipped below the 17,000-level in the opening session on Monday, amid heightened tension over the Russia-Ukraine conflict. The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals and the broader Nifty plummeted 458.20 points to 16,916.55. On the Sensex chart, all 30 shares were trading with steep to moderate losses -- with SBI, Tata Steel and IndusInd Bank tumbling over 4 per cent.
Only 13 nations voted in favour of Russia's call for a secret ballot on draft resolution on Ukraine.
The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).
The leaders of the Group of Seven on Sunday (local time) mocked Russian President Vladimir Putin over his shirtless, bare-chested horse-riding picture.
On the Sensex chart, all 30 shares closed with gains -- with Bajaj Finance, SBI, Bajaj FinServ, L&T and Titan rising as much as 5.13 per cent. The BSE gauge Sensex zoomed past the 58,000-mark by rebounding over 1,700 points and the Nifty recaptured the 17,000-level on Tuesday after a massive plunge in the previous session. The 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 - recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.
External Affairs Minister S Jaishankar will arrive in New York on Sunday to participate in the high-level 77th session of the UN General Assembly, which kicks off on September 20 with the opening of the general debate.
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