Mumbai: Fund flows into India, billed as the world’s fastest-expanding major economy, should help New Delhi weather the challenges posed by a widening current account deficit (CAD), Reserve Bank of India (RBI) Governor Shaktikanta Das said. In the external sector, slowing global demand is weighing on merchandise exports. “At the same time, the impact of…Continue Reading
Amid global demand headwinds and layoffs, nearly a dozen multinationals including Nestle, PepsiCo, Pernod Ricard, Mars-Wrigley, Coca-Cola, Mondelez, L’Oreal and Anheuser-Busch InBev are doubling down on India with higher investment, increased spending and selective hiring in their annual operating plans for 2023, having identified it as among the few markets that are growing. “Economic growth…Continue Reading
An unwieldy crowd rushed the stage and frequently broke out in song as Bollywood star Ranbir Kapoor discussed his life and career during one of the final ‘In Conversation’ sessions at the Red Sea Film Festival Wednesday. The packed crowd, which comprised local and international Bollywood superfans, commandeered the keynote session from festival organizers and…Continue Reading
Jagrup Brar was originally an NDP MLA from 2004 to 2013, ran unsuccessfully for party president in 2013 and made a comeback in Surrey-Fleetwood in 2017 | Photo: Jagrup Brar via FacebookTen days after the federal government announced its new Indo-Pacific foreign policy in Vancouver, a new provincial minister of state for trade was sworn-in…Continue Reading
[1/2] A policeman jumps off a makeshift raft after wading through a flooded area of a slum on the banks of the river Yamuna in New Delhi, India, September 28, 2022. REUTERS/Anushree Fadnavis/File PhotoNEW DELHI, Dec 7 (Reuters) – India saw a big jump in extreme weather events such as heatwaves and lightning strikes this year…Continue Reading
I see India at 100, confident, joyous and secure in its composite cultural identity. Aware that diversity is to be prized, not policed. Aware that plurality is to be embraced, rather than erased. Aware that Indianness is an inheritance that is falsified as soon as it is rigidly defined. A dream? Perhaps. But I am…Continue Reading
The All India Kisan Congress will hold a day-long protest at Jantar Mantar in the national capital on December 9 over demand of the long-pending issues of farmers including making minimum support price (MSP) a legal right, during the Winter Session of Parliament. Making an announcement in this regard, Chairman of All India Kisan Congress…Continue Reading
MUMBAI, Dec 7 (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to stay above its tolerance band but markets will be looking to its outlook on growth and prices for direction.A strong two-thirds majority in a Reuters poll…Continue Reading
India’s Permanent Representative to the UN Ruchira Kamboj India has consistently called for an immediate cessation of hostilities and has urged Ukraine and Russia to return to the path of diplomacy and dialogue, India’s Permanent Representative to the UN, Ruchira Kamboj said. While addressing the UN Security Council meeting on Ukraine: Protection of civilians and…Continue Reading
Published: 9:00am, 7 Dec, 2022 Updated: 9:00am, 7 Dec, 2022Continue Reading