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Dalal Street since the Covid-led market crash in 2020. Sensex is down about 5% this month (till Wednesday), beating June 2022's record fall of 4.58%. One of the worst market falls in recent years was seen in February and March months of Covid year 2020 when the Sensex lost 6% and 23%, respectively.

Subscribe to enjoy similar stories. New Delhi: Despite the recent easing of tension between New Delhi and Beijing, the ghost of the 2020 Galwan clash is likely to hover for a while, as the implications of the border disengagement between the two countries is likely to unravel only slowly.

Subscribe to enjoy similar stories. India and China have announced that they have reached an agreement on patrolling their common border after more than four years of tension. Can this boost trade and investment flow between the two economic powers? Mint explains: It is a first step towards rebuilding their relationship which took a beating following the border clash at Galwan in June 2020.

Both sides should take on their international responsibilities and set an example for the development of other emerging economies, Chinese state broadcaster CCTV cited Xi as saying in a meeting with Modi on the sidelines of the BRICS summit in Russia's Kazan. PM Modi and Xi Jinping held their first bilateral talks in five years today, signalling that ties between the Asian giants damaged by a deadly military clash in 2020 had begun to recover.

Subscribe to enjoy similar stories. When Donald Trump refused to concede the 2020 election, he and his allies led a chaotic effort to overturn the results, spreading conspiracy theories, filing dozens of unsuccessful lawsuits and encouraging “Stop the Steal" protests that culminated in the assault on the Capitol.

Xi Jinping held their first formal talks in five years on Wednesday, signalling that ties between the Asian giants damaged by a deadly military clash in 2020 had begun to recover. The two leaders met on the sidelines of the BRICS summit in the Russian city of Kazan, the Indian government and Chinese state media said, two days after New Delhi announced that it had reached a deal with Beijing to resolve the four-year military stand-off on their disputed Himalayan frontier. Relations between the world's two most populous nations — both nuclear powers — have been strained since a clash between their troops on the largely undemarcated frontier in the western Himalayas of Ladakh left 20 Indian and four Chinese soldiers dead in 2020.

Subscribe to enjoy similar stories. Boeing is debt-ridden, mistrusted and mistake-prone, but also capable of turning itself around. That is the assessment of Chief Executive Officer Kelly Ortberg, who took over the beleaguered jet maker in August.

Coca-Cola reported higher-than-expected revenue in the third quarter as higher prices made up for lower sales volumes

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon emissions and displacing Indigenous communities

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. gained 0.01 per cent to Rs 5821.3 in Wednesday's trade as of 11:36AM (IST). It hit a high of Rs 5860.0 and low of Rs 5750.65 during the session. The stock quoted a 52-week high price of Rs 6276.2 and a low of Rs 3300.0. The return on equity for the stock stood at 11.78 per cent. About 2,020 shares have changed hands on the counter so far.

U.S. stocks drifted to a mixed close after erasing most of their losses from earlier in the day

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small-cap stocks have tumbled by 25-70% from their yearly highs. The slump in nearly one-third of the stocks has been as severe as the Covid-led sell-off in March 2020. Among 1,472 stocks with a market capitalisation of over Rs 1,000 crore, 29 have plunged between 50% and 70% from their yearly highs, while 533 have fallen between 25% and 50%.

Army chief said that trust has to be restored on the China border and status quo of April 2020 needs to be achieved for normal management of the Line of Actual Control (LAC), even as details have emerged that the patrolling agreement with Beijing will include easing up of positions in Arunachal Pradesh that had emerged as tension flashpoints over the past four years. General Upendra Dwivedi indicated that several steps are required before disengagement, de-escalation and normal management of the border can be achieved. «We are trying to restore trust. How will the trust get restored? It will get restored once we are able to see each other and we are able to convince each other that look 'the buffer zones which are there, which have been created… we are not creeping into buffer zones'… and both have to reassure each other,» he said.

Ruchir Modi, son of former Indian Premier League chairman Lalit Modi, has filed a plea in the Delhi High Court seeking distribution of the dividends of Rs 620.83 crore, received by the K.K. Modi Family Trust companies since 2020, among the four family branches — Lalit Modi, Bina Modi, Samir Modi and Charu Modi. Justice Subramonium Prasad has given two weeks to Bina and her daughter Charu Modi to respond to the Ruchir's application. The case will be next heard on November 19. Ruchir in his fresh plea has alleged that several trust companies including Godfrey Phillips India (GPIL), IPM India Wholesale Trading and Indofil Industries have announced and distributed dividends the tune of Rs 620.83 crore to the upstream Trust companies since 2020, but he and his family branch had been kept «completely in the dark» and his family branch is entitled to a 25% share.

Subscribe to enjoy similar stories. NEW DELHI—India and China have reached a breakthrough in discussions over their disputed Himalayan border, signaling room for improved ties after a high-altitude skirmish froze relations between the Asian giants. The two countries have arrived at an arrangement to resume patrolling along their de facto border, said India’s Foreign Secretary Vikram Misri on Monday.

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The conflict at the border had significantly strained relations between the two countries, especially following a fierce clash in the Galwan Valley in June 2020, which was the most serious military conflict between China and India in decades. China spokesperson Lin Jian said during a media briefing that both nations have been in close communication through diplomatic and military channels regarding issues at the China-India border.

Kamala Harris and her Republican rival, Donald Trump, delivered radically different messages on the U.S. campaign trail on Monday as they sought to win over undecided voters in the two weeks before Election Day. Vice President Harris, campaigning alongside former Republican lawmaker Liz Cheney in the three midwestern battleground states, argued that Trump, the former president, was a threat to democracy. As the election draws closer, Harris has been sharpening her attacks on Trump's fitness for office, often calling him «unstable» or «unhinged» and questioning his temperament.

Details of the patrolling agreement are yet to be shared but disengagement of troops at both Depsang, where Chinese soldiers had blocked access to patrolling points by occupying the 'Y Junction', and Demchock, where tents had been erected Indian side of LAC, was vital to move to the next step of de-escalation. A larger de-escalation- in which forward deployed troops inducted in thousands since tensions broke out in 2020 will be moved back to their peacetime locations — has been the focus of talks from the Indian side.

BRICS summit, the Modi government has said that India and China have reached an agreement to resume patrolling in eastern Ladakh. The development has brightened chances of a meeting between PM Narendra Modi and Chinese President Xi Jinping in Kazan on the sidelines of the summit. «Over the last several weeks, Indian and Chinese diplomatic and military negotiators have been in close contact with each other in a variety of forums. As a result of the discussions that have taken place over the last several weeks, an agreement has been arrived at on patrolling arrangements along the Line of Actual Control in the India-China border area and this is leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020,» foreign secretary Vikram Misri said at a media briefing. Indian and Chinese soldiers will be able to resume patrolling in the way they had been doing before the border face-off in May 2020, external affairs minister S Jaishankar said at a media event. He said LAC breakthrough is a good development that happened due to «patient and persevering diplomacy».