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With the inflation data out, there is instant expectation that the Reserve Bank o9f India will now raise interest rates in its review meeting on December 18. The inflation rate has picked up pace for sure and inflation in Nomver is estimated at 11.24% against 10.17% in October. To say the least the pace is fast and the jump is larger. Hence, the expectation is that the Reserve bank will come out with more of the same remedies, that is, a hike in interest rate.

With chances of a hung Lok Sabha almost a certainly, both the Congress and the BJP have been looking for trustworthy allies before and after the parliamentary elections slated in May, 2014. Over the years the NDA has shrunk from 24 constituents to four. As the ruling UPA is getting weak day after day, its allies are also looking to new pastures. The crushing defeat in four states—Rajasthan, Delhi, Madhya Pradesh and Rajasthan—has forced the Congress to fast-track its decision on forging alliances in different states, keeping in view the coming Lok Sabha elections.

New Delhi: With polls due in Bangladesh early next year, India has chosen to take a neutral attitude to the violence in Bangladesh following the execution of the Assistant Secretary-General of Jamaat-e-Islami, Abdul Quader Molla. Even though Hindus have been a target of attack at places, India has put the onus on Bangladesh Government to “peacefully resolve the Issue” instead of being seen as interfering in the internal affairs of that country.

New Delhi: India has told Afghanistan that its proposed Border Security Agreement (BSA) with the United States is crucial for peace and stability in the region.

New Delhi: India on Friday summoned US Ambassador Nancy Powell and lodged a strong protest against what it has called the 'unacceptable treatment' meted out to one of its high-ranking diplomat Devyani Khobragade, who was arrested and handcuffed in public in New York on Thursday for an alleged visa fraud.

It now appears that the ruling Awami League (AL) in Bangladesh has made a mess of political calculations. It received the overwhelming three-fourth majority in the last general election back in 2008 and trial of war criminals i.e. Bangladeshi collaborators of Pakistan Army in 1971 was high on their election manifesto. But they failed to complete the trial and resultant execution of verdict process in time.

It was time for the stock market to strike back. Last Monday, soon after it opened in the aftermath of the announcement of the complete election results and complete rout of Congress in four Hindi heartland states, the market gave a fitting reply to Congress bigwigs’ recent tirade against foreign investors’ exuberance over the possibility of BJP forming the next government, by pumping in large investments in Indian stocks resultantly pushing up the market to new highs and reiterating foreign investors’ support for Narendra Modi, BJP’s prime ministerial candidate in the coming Lok Sabha polls.

The 2013 state elections in the North have delivered a severe drubbing to the Congress such that its leaders are now left struggling what to make of future for the survival of the grand old party, in a new demanding era of accountable governance, rid of corruption and cronyism, stable prices, and effective delivery of services. It would be no longer a smooth ride in the South as well.

The year 2013 began with the Congress electing Rahul Gandhi as its vice-president in Jaipur with great hopes. The year ended with the snide remarks ‘Rahul Nahi Chala (Rahul did not click)’ from the senior Congressmen who feel sidelined. Manmohan Singh government is also yet another target. There is also a view that Congress president Sonia Gandhi, should take over the command once again.

New Delhi: What is hindering bilateral relationship between India and Turkey is the lack of awareness about each other’s political, social and cultural backgrounds. It is for this reason bilateral trade and investment has not reached the desired levels, according to the Turkish envoy to India, Dr Burak Akcapar.