Boost India capacity to secure its borders: Incoming US envoy

Observing that India is situated in a “tough neighbourhood”, US President Joe Biden’s nominee for next envoy to New Delhi on Tuesday told lawmakers that he will double-down on America’s efforts to strengthen India’s capacity to “secure its borders, defend its sovereignty and deter aggression”. Eric…

Markets rise on boost from metals, energy shares

Indian shares gained on Thursday, led by energy and metal stocks on concerns over tight inventories, with investors focusing on a cluster of earnings due later in the day. The NSE Nifty 50 index was up 0.4% at 18,330, while the S&P BSE Sensex rose 0.4% to 61,558 by 9:25 am. . The Nifty Metals index and the energy…