The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024

Banks

Given the relatively small weight in the Bloomberg Global Aggregate Index, analysts expect India's inclusion could take place in one shot

bonds market, currencies, currency, RBI, yield

Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore

Markets, market valuation, stocks, Sensex, Adani Group

Ahead of a delimitation exercise, the government would be well advised to pre-emptively make offers like greater regional autonomy or an unchanged Rajya Sabha to the southern states, writes T N Ninan

Rajya Sabha, Parliament

Textiles, chemicals, certain consumer electronics products among trade categories that could be affected

India's exports had a disappointing start in the first month of the new financial year as growth crashed to a four-month low of only 0.64 per cent in April

The US on Tuesday said it is "deeply concerned" about the allegations made by Canadian Prime Minister Justin Trudeau on India's involvement in the killing of a Sikh separatist leader in Surrey, and urged New Delhi to "cooperate" with Ottawa in the investigation of the incident.
Hardeep Singh Nijjar, 45, the chief of the banned Khalistan Tiger Force (KTF) and one of India's most-wanted terrorists who carried a cash reward of Rs 10 lakh on his head, was shot dead by two unidentified gunmen outside a gurdwara in Surrey in the western Canadian province of British Columbia on June 18.
Canadian Prime Minister Trudeau on Monday alleged the involvement of "agents of the Indian government" in the killing, claims outrightly rejected by New Delhi as "absurd" and "motivated".
We are deeply concerned about the allegations referenced by PM Trudeau yesterday. We remain in regular contact with our Canadian partners, a State Department spokesperson told PTI.
It is critical that Canada's investigati

Justin Trudeau

The Congress was never serious about providing reservation to women in the Lok Sabha and state assemblies, the BJP alleged on Tuesday after the government introduced a bill in this regard in the Lower House of Parliament.
The government introduced a constitutional amendment bill to reserve one-third of seats in the Lok Sabha and state assemblies for women, reviving the concept of women's reservation pending for 27 years for want of consensus among parties.
Union Home Minister Amit Shah said the introduction of the bill in the Lok Sabha shows the "unwavering commitment" of the Narendra Modi government to empower women.
"Sadly, the opposition is unable to digest this. And, what is more shameful is that except tokenism, the Congress has never been serious about women's reservation," he posted on X.
"Either they let legislations lapse or their friendly parties prevented the (women's reservation) bill from being tabled. Their double standards will never be hidden, whatever stunts they t

Amit Shah, Madhya pradesh election

Zelenksyy said, "For the first time in modern history, we have a real chance to end the aggression on the terms of the nation which was attacked"

Volodymyr Zelenskyy, Ukraine President

Plaid said when the international community applies pressure, Pakistan has a history of "choosing subterfuge over sincerity"

UNGA, United Nations general assembly, UN general assembly, united nations

Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing

stock markets

Overseas institutions are also a better bet for Adani. Tapping Indian banks, especially state-run lenders, would be a tad cheaper, but might invite greater political scrutiny ahead of general election

Adani, Adani Group

India's ambitions for green hydrogen are riding the coat-tails of Chinese equipment, with Beijing's global stranglehold on the green hydrogen business now extending to New Delhi

green energy targets in mind, but is India technology-ready?

green energy

While posing a complex challenge, slums also offer a unique opportunity for morally and economically imperative urban development

Dharavi

As part of the partnership, Infosys will have access to NVIDIA's full-stack gen AI program and will set up a NVIDIA Centre of Excellence

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani (Photo: Infosys)

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani

The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.

Karnataka Bank

Here is the best of Business Standard's opinion pieces for today

Parliament

China now has at least 130 large language models (LLMs), accounting for 40 per cent of the global total

AI, google, Artificial Intelligence

India had a total of 1,580 GCCs with a talent base of 1.66 million as of FY23, according to the latest Nasscom-Zinnov report

Global capability centres go beyond Tier-I cities, chasing cost and talent

A mutually beneficial relationship between Trump and Fox News broke down after the 2020 election in the wake of the network's coverage of the election

Fox Corp Chairman Rupert Murdoch

The president of the United Auto Workers said on Friday the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states.
Ford was spared additional strikes because the company has met some of the union's demands during negotiations over the past week, said UAW President Shawn Fain.
The union is pointing to the companies' huge recent profits as it seeks wage increases of 36 per cent over four years.
The companies have offered a little over half that amount. The UAW has other demands, including a 32-hour work week for 40 hours of pay and a restoration of traditional pension plans for newer workers.
The companies say they can't afford to meet the union's demands because they need to invest profits in a costly transition from gas-powered cars to electric vehicles.
The UAW's contract with the automakers expired at midnight on September 14, and workers walked out of a Ford assembly plant near Detroit, a GM factory in ...

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Best of BS Opinion: South of the Godavari, economist sleuths, and more

China's artificial intelligence 'war of hundred models' heads for shakeout

Global capability centres go beyond Tier-I cities, chasing cost and talent

Murdoch exit may give Trump a Fox News 'reset': Republican strategists

Strikes against automakers spread to nearly 38 locations in 20 states

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