“The risk sentiment has been dealt a serious blow with the worsening coronavirus situation in Europe on account of a second wave. Most countries have announced partial lockdowns, curfews or declared emergencies. This threatens to nip the nascent recovery in the bud,” said Abhishek Goenka, Founder and CEO, IFA Global. … [Read more...] about Rupee slips below 74/USD level in early trade
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According to Arjun Yash Mahajan Head Institutional Business at Reliance Securities, the India trade set up does not look to be encouraging due to weak global cues. Volatility in domestic equities is expected to persist due to futures and options (F&O) expiry. … [Read more...] about Sensex plunges over 350 points in early trade; Nifty drops below 11,650
U.S. Secretary of State Mike Pompeo will travel to Sri Lanka on Tuesday for a two-day visit during which he will hold talks with the top Sri Lankan leadership, as America seeks to balance China’s growing influence in the region and to advance the common goals for a free and open Indo-Pacific. … [Read more...] about Mike Pompeo to hold talks with Sri Lankan leadership during two-day Colombo visit
India-U.S. 2+2 Ministerial Dialogue brought ‘unprecedented cooperation’ between two countries, say U.S. lawmakersThe U.S. will keep working with India to maintain a free and open Indo-Pacific and will remain steadfast as India seeks to defend its sovereignty from external aggression, Congressman Michael T. McCaul said. … [Read more...] about Top news of the day: Knife attack at French church leaves three dead; Pakistan MP claims IAF pilot Abhinandan was released after India’s attack threat, and more
Fundamentally, there is a contradiction insofar as while Sri Lanka's external policies are driven by geo-economic considerations, the agenda pursued by India and the US is paramountly geopolitical, drawn from a perspective that the island is a 'permanent aircraft carrier', as a former Indian national security advisor once candidly put it. … [Read more...] about Why is Modi pushing Rajapaksa on the Tamils?