India is the exclusive merchant of goods ($126 billion in 2017) and oil ($74.7 billion) is the most influential category among imports. India imports 86% of its yearly crude oil demand. Since the payments are done in US dollars, India’s debt will depend on crude rates as well as on the USD/INR exchange rates.
The past two years both illustrated the point that foretelling the short-term future of stock returns is incredibly hard to get right, and almost impossible to achieve consistently. Nevertheless, history can be a helpful guide, and some unfinished news headlines could have some short-term connections on the stock market in the year ahead.
Gold rates in India exceeded on Monday the record of 41,000 rupees (by 10 gm), that is, on January 6, following the profits in the international market after an American airstrike in Baghdad executed a major Iranian commander, which began the purchase of valuable metals.
Shefali Bagga who re-entered the Bigg Boss’ house has been evicted once again by the housemates. Madhurima Tuli and Shefali Bagga received the lease votes in the past week and Bigg Boss announced that the housemates would decide who will leave. The housemates chose Shefali to leave the house.
After inventing ReWalk Robotics exoskeleton that helps paraplegics to walk, robotics has now come to aid the people suffering from spinal cord injuries. A robotic device has been invented by Indian scientists sin Columbia to help people with spinal cord injuries that can cause loss of mobility and sensation. This device is called Trunk-Support Trainer (TruST) and will train and support the patients to sit more steadily by improving their trunk control by strengthening it and acquiring an active sitting space enabling them to sit without falling over or using their hands to balance it. This will allow them to gain and expand the sitting place of around 25% around their bodies.
President Donald Trump (Republican) and former President Bill Clinton (Democrat) have a unique resemblance. When the impeachment motion was brought in the House of Representatives (lower house of parliament) for both, they attacked the Middle East. Clinton then ordered missiles to be fired over Iraq. At the same time, Trump has also increased tensions in the Middle East by killing Iran's military commander
On Tuesday, 19 people, including student union president Aashi Ghosh, have been booked for the violence on Sunday at the JNU campus. Even after three days of violence, the Delhi Police has not been able to arrest anyone yet. Meanwhile, Hindu Raksha Dal leader Pinky Chaudhary has claimed responsibility for the attack. The crime branch team has reached JNU to investigate the matter. Meanwhile, eminent economist and JNU professor CP Chandrasekhar has resigned from his post in a government panel reviewing economic data due to the situation at the university.
Karur Vysya Bank's chief executive officer and Managing Director P R Sheshadri has resigned because of some personal reasons. The bank's board of directors received his resignation in their conference carried on Saturday.
