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CPI inflation fell below 7% in August, and at 6.83%, it printed well below the market’s expectations led by deflation in the prices of vegetables, particularly, tomatoes. The bad news is that inflationary pressures shifted from perishable items to others in the food basket like cereals, spices, and pulses, which could prove to be sticky in coming months, much to the concern of the authorities, particularly the Reserve Bank of India. And the no-so-bad news about the August inflation is that it might not trigger any move from the Monetary Policy Committee of the RBI & could keep the repo rate steady at 6.5% for the remainder of this financial year.Inflation InternalsWhile August CPI inflation was below market expectation of 7%, it remained well above the MPC’s target range of 2-6%. Vegetable prices fell by 6% month-on-month in August as opposed to a 38% rise between June and July. This led to inflation falling to 6.8% from 7.4% in July.

Vande Bharat Express: PM Modi likely to inaugurate 9 semi-high speed trains on 24 September. Check routes, other details A release by the Prime Minister's Office (PMO) noted, “The introduction of these Vande Bharat trains will herald a new standard of rail service in the country.

Read all the LIVE updates on India-Canada story here LeBlanc on the X platform wrote, "There is no place for acts of aggression, hate, intimidation or incitement of fear". In a viral hate video, Gurpatwant Singh Pannun of the pro-Khalistan group asked Hindus from Canada to “go back to India". Also read: 'Don't need to prove your patriotism...': SAD MP Harsimrat Kaur Badal supports singer Shubh amid India-Canada row “Acts of aggression, hate, intimidation or incitement of fear have no place in this country and only serve to divide us," the Department said in a separate post on X.

India may have been behind the assassination of a Sikh separatist leader in British Columbia has raised several complex questions about the nature of Sikh activism in the North American diaspora.Canada is home to the largest Sikh population outside India. There are about 800,000 Sikhs in Canada — roughly 2% of the population.

This event has been a long pending ask and expectation of the financial markets, which both the Indian central bank and the government had been actively pursuing and consistently putting forth the Indian point of view. Bond indices serve as crucial benchmarks for the fixed-income market and aid investors in assessing the performance of various debt instruments.

Lok Sabha elections should be held on paper ballots and not on Electronic Voting Machines (EVMs). While speaking to news agency ANI, Tiwari said, “Democracy is too precious to be left to technology.

Narendra Modi while addressing the International Lawyers' Conference on Saturday said, strong, impartial justice system is the base for achieving the goal of making India developed by 2047. «We are working towards becoming a developed (nation) by 2047. For this, an unbiased, strong, and independent judiciary is needed.

“Struggling Chinese economy and rising crude oil price pushed the dollar index. Elevated crude oil prices along with slower export may keep the rupee at a subdued level,” says Arpit Shah, Co-Founder, Care Portfolio Managers Pvt Ltd. In an interview with ETMarkets, Shah who brings in more than 15 years of experience in the capital markets said, “We advise investors to be company specific, and when you see sharp movement in the price it is advisable to keep rebalancing portfolio.” Edited excerpts:How should one play the midcap and smallcap theme now?Small and midcaps were in the consolidation phase for almost 18 months i.e. from September 21 till March 23. However, during those times, companies' fundamentals improved while valuations remained either flat or lower. So, we believe there is more steam left in this set of companies.

Indian defence sector registered an impressive growth of 12% year-on-year in the financial year ended March 2023. Strong order books led by increased government spending on defence and high exports contributed to this growth. However, this wasn’t the case ten years back.

Justin Trudeau's allegations have led to «greater danger» for Canada than India, former Pentagon official Michael Rubin said that if the United States has to choose between Ottawa and New Delhi, it will surely choose the latter as the relationship is «too important». He said that India is far more important strategically than Canada is and Ottawa picking up a fight with India is like «an ant picking up a fight against an elephant». While referring to the poor approval ratings of Justin Trudeau, Rubin added that he is not long for the premiership, and the US can rebuild the relationship after he is gone. «I suspect that the United States doesn't want to be painted a corner to choose between two friends. But if we have to choose between two friends, increasingly we're going to choose India on this matter, simply because Nijjar was a terrorist, and India is too important.

ANI reported. Petal Gahlot said, “In order for there to be peace in South Asia, the actions that Pakistan needs to take are threefold first stop cross-border terrorism and shut down its infrastructure of terrorism immediately. Second, vacate Indian territories under its illegal and forcible occupation.

India's image as a democratic country committed to rules-based order could take a hit, according to an expert. A diplomatic row erupted between India and Canada earlier this week following Canadian Prime Minister Justin Trudeau's allegations of «potential» involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, a Canadian citizen, in British Columbia on June 18. India has rejected the allegations as «absurd» and «motivated» and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case. In a blog posted by the Wilson Institute on Friday, Canada Institute Associate Xavier Delgado said, «Trade will likely be the first major casualty of the fallout, with negotiations for the EPTA (Early Progress Trade Agreement) being put on hold.» «Both countries declared that they would pause trade talks with each other earlier this month and Canadian Trade Minister Mary Ng has indefinitely postponed a trade mission to New Delhi that had been planned for October,» he wrote. The negotiations were a notable part of Canada's Indo-Pacific Strategy, which listed the EPTA as a critical step towards a larger comprehensive economic partnership agreement (CEPA) that would bolster trade ties between the two countries, he said. The stalled trade talks have put a $17 billion bilateral trade relationship under strain.

₹1,000) fine for those who miss medical appointments, a proposal initially announced during his summer 2022 campaign. However, the political feasibility of such an action remains uncertain.

oil prices weighed down investor sentiment. The losing run resulted in the benchmark indices shedding about 2.7% this week — their highest weekly loss since February. NSE's Nifty fell 68.10 points, or 0.34%, to close at 19,674.25.

PTI, India's standing as a democratic nation committed to adhering to a rules-based global order could face damage in light of a recent diplomatic dispute. This disagreement flared up between India and Canada when Canadian Prime Minister Justin Trudeau made accusations of potential Indian involvement in the death of Hardeep Singh Nijjar, a Canadian citizen and Khalistani terrorist, which occurred in British Columbia on June 18.

Stock in focus: Delta Corp shares will be in focus next week as the Indian casino major has received intimation for payment of shortfall tax to the tune of ₹1,11,39,61,03,423. The Directorate General of GST Intelligence, Hyderabad has issued notice to the company in this regard.

Also Read: US Polls 2024: Vivek Ramaswamy's Silicon Valley fundraiser dinner to cost ₹41 lakh per ticket. More details here "Strength and pride are essential to our national survival, especially in the face of Communist China. China is an existential threat.

Here are the latest developments on this BIG story:On allegations by Canada, Michael Rubin, former Pentagon official and a senior fellow at the American Enterprise Institute said, "Justin Trudeau was very short-sighted, and no one should trade, their short-term political convenience for the long-term relationship with the world's largest democracy".Experts have pointed out that the talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved.However, they said that India may not hurry for the trade agreement as 60% of New Delhi's exports are already entering Canada at zero duty.In March last year, the two countries re-launched negotiations for an interim agreement, officially dubbed as Early Progress Trade Agreement (EPTA).Over half a dozen rounds of talks have been held between the two countries on the trade pact so far.In such agreements, two countries significantly reduce or eliminate customs duties on the maximum number of goods traded between them. They also liberalise norms for promoting trade in services and attracting investments."I do not think that the current diplomatic row would impact the resumption of FTA talks.

Also Read: India-Canada row LIVE updates: ‘Indian govt should cooperate in investigation,’ says US Earlier on September 20, the Ministry of External Affairs (MEA) issued a cautionary advisory to Indian citizens, particularly students in Canada and those intending to visit the country, due to the recent tensions in bilateral relations between India and Canada. Also Read: India suspends visa services in Canada citing ‘operational reasons’ As per a statement released by the MEA on Wednesday, Indian citizens and Indian students residing in Canada are encouraged to refrain from visiting areas and locations within Canada that have witnessed an increase in anti-India activities.

India in Toronto has extended consular services for Indian nationals in Canada. The consulate services which have been extended include passport issuance, attestation, police clearance certificate and passport renewal. In a post shared on X, formerly known as Twitter, the Consulate General of India in Toronto stated, «Consular services for Indian nationals in Canada, e.g. Passport issuance, Passport renewal, Police Clearance Certificate, Attestation etc.

Nikki Haley has claimed Beijing is «preparing for war». China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a major policy speech on the economy in the key early primary State of New Hampshire on Friday. Her speech comes two days after her India-American Republican rival Vivek Ramaswamy delivered a foreign policy speech on China in Ohio. Both Haley and Ramaswamy have emerged as popular GOP candidates after former US president Donald Trump. «Strength and pride are essential to our national survival, especially in the face of Communist China.