From selling 14,000 Jeeps in 1973, we slipped to selling just 7,000 vehicles within just three-and-a-half years by 1976.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Can Modi and Obama forge a common outlook on international terrorism?
'Both Russia and the USA seek New Delhi's friendship, because for both -- Russia and the USA -- India is a certain counterbalance to China.'
Blinken will also attend a meeting of the foreign ministers of the Quad grouping and will hold bilateral talks with his Indian counterpart S Jaishankar in Delhi.
'The war of 1962 exposed the hollow intellectual foundations of Nehruvian foreign policy, especially vis-a-vis China and that is why it was such a shock.'
Imran Khan knows Pakistan is holding a strong hand and doesn't have to flaunt it while claiming victory. But Pakistan has learned from the experience of the 1990s -- high risk of going out on a limb, asserts Ambassador M K Bhadrakumar.
The US actions can be seen as a riposte to India's neutral position on the Ukraine crisis, its continuing import of Russian arms and oil thus undermining Western sanctions, argues Colonel Anil A Athale (retd).
Jaishankar, who arrived in Santo Domingo on his first official visit to the Dominican Republic, also said that India has seen a dramatic expansion in connectivity, contacts, and cooperation across the region.
Meanwhile, investors pulled out a record $14.45 billion out of bond funds tracked by EPFR Global, as fears that US monetary policy will tighten in the second half of the year prompted more investors to head for the exits.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
In what is seen as the first sign of China's exasperation over Russia's Ukraine war, Chinese President Xi Jinping on Thursday raised 'questions and concerns' over the conflict in his meeting in Samarkand with Russian President Vladimir Putin who thanked Beijing for its 'balanced position' on the crisis.
Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
It's easy to say investors should focus on fundamentals but this risk can have a significant and lasting impact
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
'The bigger challenge and dilemma for Pakistan would be if the US and Saudi Arabia go full throttle against Iran and enforce regime change in Tehran.' 'That would be bad news for Pakistan, especially with the current instability in Balochistan,' notes Brigadier Narender Kumar (retd).
While proposals for covers in volatile markets aren't denied, premiums are much higher - by as much as 100-600%
Lavrov said a rupee-rouble payment system for trade with India was put into place earlier and it could be strengthened further.
Brinkmanship in the Taiwan Strait will not only be a recipe for disaster to both China and Taiwan, but also to international peace and stability, warns Rup Narayan Das.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
Given all the turbulence created by Pakistan Foreign Minister Qureshi's unexpected tirade against Saudi Arabia, it is likely to be business as usual between the two countries, albeit with a bit of caution on the part of both, observes Lieutenant General Syed Ata Hasnain (retd).
The UP minister condemned the terror attack as unfortunate and reportedly said that "European countries can't be lit up with the ill-gotten wealth from the oil reserves of Middle East".
'The India-Pakistan relationship is in a deep freeze, though it could be a lot worse had there not been a new LoC ceasefire a year ago.' 'The India-Pakistan relationship will only start to thaw if the Pakistani military decides it's prepared to push for detente.'
Prime Minister Narendra Modi said some countries still use terrorism as "an instrument of state policy" and the world must act against radicalisation without any political consideration
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
Pakistan is making efforts at multiple levels for the Taliban government to have a soft landing, observes Ambassador M K Bhadrakumar.
Europeans believe that what is under attack is their way of life, their secular faith, the long-fought right to keep religion out of the public sphere, observes Virendra Kapoor.
'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
The Russian-Ukraine war can hit the global supply chains that are already constrained due to the pandemic and the worst impact will be on ongoing chip shortage because the warring nations brutally control supplies of key raw materials that go into making semiconductors, warns a report. Since Russia controls as much as 44 per cent of global palladium suppplies, Ukraine produces a significant 70 per cent of the global supply of neon -- the two key raw materials that go into making chips. The markets can expect the global chip shortage, that began with the pandemic, to worsen if the military conflict lingers on, says a Moody's Analytics report on Friday.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
'After we landed at Port-of-Spain, we had to take a charter flight to Guyana, but seven of our boys were stopped as they were not vaccinated. We tried to explain to the immigration officials that India had not started their vaccination yet but they instructed us to take the next flight out of the country'. The ICC had organised the Under-19 World Cup with the help of Cricket West Indies. In a challenging time like this, the Caribbean was not the best place to organise a big event like the U-19 WC, felt Indian team manager Lobzang G. Tenzing.
Airline to deploy around 50 planes in the next seven months
'The more emphatic denial of any proposal for an OIC foreign ministers meet in Islamabad appears aimed at keeping Pakistan on a leash,' notes Lieutenant General Syed Ata Hasnain (retd).
Before the game, a few protesters handed out fliers outside the stadium where Man City played local outfit Kitchee.
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
Historically, tensions in West Asian regions have provided support to gold prices.
Infosys, Wipro and HUL among the top losers for the day.
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