The ongoing US-led aggression on Iraq will help India's information technology industry in the post-war scenario, Union Disinvestment, IT and Communications Minister Arun Shourie said on Tuesday.
In any conflict with China, the unmanned BrahMos could be advantageously used in the opening stages for pinpoint strikes on heavily defended targets -- such as air bases, headquarters, key roads and railways or logistics dumps -- which are too dangerous for manned fighter aircraft to attack.
The government informed the Rajya Sabha on Monday that the war in Iraq had not significantly affected exports from India, though Gulf countries accounted for 11 per cent of the country's total exports.
Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex. Analysts, however, believe stretched valuations in both these sectors could trigger a de-rating.
India's economic growth will be above 6 per cent in the current fiscal as the country has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Monday. Goyal further said that a global slowdown reducing India's export growth, geopolitics fueling oil and food prices, and erratic weather are some of the continuing risks that the country faces. "India has managed to strengthen its macroeconomic stability and performance even in a period of large global shocks.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
Those who are returning will not be paying any fare and the government is bearing the cost of their return.
'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'
'On Saturday night, I went to the cinema to see my film for the first time as a member of the audience.' 'What I saw left me overwhelmed.' 'So much love!'
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
The March quarter (Q4) of the ongoing financial year (FY23) may see cement companies report better financial numbers as input costs ease, pricing action resumes, and cement demand remains firm. While companies have been cautiously optimistic about their outlook, analysts and sector experts remain bullish. In its latest report on the cement sector, brokerage IDBI Capital said that it expected earnings before interest, tax, depreciation, and amortisation (Ebitda) per tonne for cement companies to improve by Rs 200-300 sequentially in Q4.
Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city gas distribution (CGD) companies could also benefit from lower spot prices of liquefied natural gas (LNG). However, in a break from the past, growth trends are expected to diverge for various segments within the broad energy sector. Analysts expect the earnings from gas production to go down for upstream national oil and gas companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) due to the introduction of the new domestic gas pricing regime on April 1. After showing steep losses over the first half of 2022-23 (FY23), the marketing margins of OMCs have steadily recovered in four months.
Syria's Olympic Committee is sending seven athletes to compete in Rio this month, in athletics, swimming, judo, table tennis and weightlifting.
'When war is thrust on you as in 1962 and 1965 or is tempting as in 1971, ensure that all other fronts are kept quiet, leaving your army free to deal with one,' says Shekhar Gupta.
'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).
India has donated some 10,000 bicycles in Sri Lanka's war-torn north under an assistance programme to help in the rehabilitation of those displaced during nearly three-decade long conflict.
Government on Monday said the Iraq war is not likely to have any significant impact on India's exports and imports this fiscal.
The White House said on Tuesday that there is no specific information about the role of Iran in the latest terrorist attack against Israel by Hamas, but it is complicit in a broad sense for funding the military wing of the terrorist group.
India's manufacturing sector activities witnessed faster growth in April amid quicker increases in production as well as factory orders, and renewed expansion in international sales, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 54.0 in March to 54.7 in April, as a retreat of COVID-19 restrictions continued to support demand. The April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.
If anybody targets doctors, nurses and all those rendering their service during this crisis, then it will cost them dearly, Modi said, adding people in white like doctors and nurses are like gods.
Today, he lies in an unknown grave in a corner of a farmer's field in Pakistan, having given his all for his country. A riveting excerpt from Ian Cardozo's Beyond Fear: True Stories on Life in the Indian Armed Forces.
In 2017, a retired R&AW officer conveyed that Uttar Pradesh Chief Minister Yogi Adityanath was keen to get monarchy restored in Nepal and suggested that I support these efforts.
Referring to section 6A of the Citizenship Act applicable exclusively to Assam, a five-judge constitution bench headed by Chief Justice DY Chandrachud said governments have to make compromises for the overall well-being of the nation.
Congress president Mallikarjun Kharge alleged that the price of domestic cooking gas cylinder has been raised by Rs 50 and that of commercial gas cylinder by Rs 350 at a time when every person in the country is facing the brunt of high inflation.
India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.
The country's largest lender SBI on Saturday reported a 9.13 per cent rise in consolidated net profit to Rs 16,099.58 crore for the September quarter, weighed down by money it had to set aside for employees' impending wage and pension revisions. On a standalone basis, the State Bank of India (SBI) had a 8.03 per cent increase in the profit after tax for the reporting quarter at Rs 14,330 crore. However, the same was down 15.13 per cent compared to Rs 16,884 crore in the June quarter.
'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'
The US is ready to respond "decisively" to a Russian attack on Ukraine which is still very much a possibility, President Joe Biden has said, urging Moscow to step back from the brink of war.
A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
The US-led war against Iraq and the Severe Acute Respiratory Syndrome have led to sharp decline in demand for air travel and raised costs on account of aviation turbine fuel, the Lok Sabha was informed on Monday.
'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'
Maliwal met the mother and husband of the two victims who had been paraded naked, molested and one of them was gangraped. The mother of the woman who was gangraped also lost her husband and son who were trying to save the victim from the sexual assault, the statement said.
India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.
The Chief of Air Staff, addressing a press conference ahead of the Air Force Day on October 8, asserted that the IAF will continue to remain deployed along the frontier in the region till complete disengagement takes place in the remaining contested areas.
'Our family philosophy is to build a bridge between India and Britain.'
On January 10, the top court had refused urgent hearing of the plea, saying there are 'democratically elected institutions' to deal with the situation and all important matters should not come to it.
'The Ruble is now down 50 per cent and worth less than one American penny since Putin announced his war'
