The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points this year, and cumulatively by 1 percentage point as part of its departure from steady monetary policy, said investment banking company Jefferies in a report.
All eyes on Kiran Rao's directorial 'Laapataa Ladies' ever since the Film Federation of India on Monday announced the movie as India's official entry in the Best Foreign Film Category.
India batting maestro Sachin Tendulkar extended wishes to the Indian team for securing two gold medals in both the men's and women's events at the International Chess Federation (FIDE) Chess Olympiad.
PM Modi also acknowledged Team India's double gold victory at the International Chess Federation (FIDE) Chess Olympiad during his address to the Indian diaspora at Nassau Coliseum in New York and said that "Bharat is full of energy and dreams."
India displayed a stupendous performance at the ongoing International Chess Federation (FIDE) Chess Olympiad in Budapest to claim two gold medals in both men's and women's events on Sunday.
In the elite women's category, Jharkhand's Kumari got the better of Manipur's Thoudam 4:1 in the 54-57 kg category, while her state-mate Shivani got a unanimous verdict against Pratibha Dagar of Haryana in the 66-70 kg, as per a press release from BFI.
Inaara Mehta Luthria secured first place and finished her round with an average score of 67.175% while riding on Dasha Deluxe and Siddharth Nanda came second and finished his round with an average score of 58.625% while riding on Dream Boy
This valuation premium is notable, with MSCI India's premium to MXAPJ (MSCI Asia Pacific ex-Japan) standing at around 90 per cent, a significant rise from the five-year average of 54 per cent. While mid and small-cap indices are trading at peak levels, large-cap stocks remain below their his