“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
Foreign trade university
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
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?
And in what appeared to be a reference to India, he also claimed, 'The kind of concerns that we have... are very widely shared and increasingly widely shared, and we know that other countries obviously are looking at scrutinising their policies with respect to their diverse relationships with China in terms of business, academic exchange, visa, and much else.' … [Read more...] about India’s Dilemma in Sri Lanka
It was Prime Minister Modi's first such virtual bilateral engagement with a leader of a neighbouring country. For Rajapaksa, it was the first diplomatic engagement with a leader of a foreign country after he was sworn in as prime minister. … [Read more...] about India pitches for devolution of powers by Lankan govt to Tamils