Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to work towards a "fair, reasonable, and mutually acceptable" resolution of the festering boundary issue and pledged to work towards stabilising global trade.
'The biggest point of contention is market access for US agricultural and dairy products.'
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Prime Minister Narendra Modi will travel to China to attend the Shanghai Cooperation Organisation (SCO) summit, marking his first visit in over seven years. The visit signals a potential improvement in India-China relations after recent tensions.
China promised to address three key concerns of India, the sources said.
The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."
Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.
Japan is expected to increase its investment target in India from the earlier 5 trillion yen ($34 billion) to almost 10 trillion yen.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
Naomi Osaka produced a commanding performance to knock out third seed Coco Gauff.
Chinese envoy Xu Feihong stated that China opposes the US imposing tariffs on India, amidst a thaw in Sino-India relations and concerns over global trade disruptions.
A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.
Between FY09 and FY25, 101 IAF fighter jets have crashed, costing the lives of 28 pilots.
'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'
Leylah Fernandez earned the biggest win of her career as she beat Anna Kalinskaya in the Washington Open final on Sunday.
In a first, the 'Aero India' mega event will witness participation of two of the world's most advanced fifth-generation fighter aircraft equipped with stealth capabilities -- the Russian Su-57 and the American F-35 Lightning II, the Defence Ministry said on Sunday.
Chinese Foreign Minister Wang Yi will visit India for border talks with NSA Ajit Doval, ahead of PM Modi's visit to China for the SCO summit. The visit aims to improve bilateral ties after recent tensions.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.
Trump also repeated his claim that seven fighter jets or more were shot down during the hostilities.
The additional 25 per cent duty will come into effect after 21 days or August 27.
National Security Advisor Ajit Doval stated that India-China relations have shown an "upward trend" in the past nine months, with peace prevailing along the Line of Actual Control (LAC). This statement was made during talks with Chinese Foreign Minister Wang Yi on the boundary issue, ahead of Prime Minister Modi's visit to China for the SCO summit.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
Chinese Foreign Minister Wang Yi said that it is imperative for the two sides to view each other as partners and opportunities rather than rivals or threats, and invest their valuable resources in development and revitalisation.
Aronian sits on six points, followed closely by compatriot Fabiano Caruana on five after two wins and a draw. Gukesh shares the third place with another American, Wesley So, while Vachier-Lagrave and Leinier Dominguez Perez are tied for fifth with three points each.
Aayush will represent India on Rosatom's Arctic expedition aboard the 50 Let Pobedy nuclear icebreaker.
The Indian side would prefer to get S-500 air defence system which has more range than the S-400 but it would require a clearance from the top Russian leadership for its sale, they said.
Echoing United States President Donald Trump's stance on imposing economic sanctions against countries maintaining trade ties with Russia if Moscow doesn't put an end to the conflict in Ukraine, North Atlantic Treaty Organisaiton (NATO) Secretary General Mark Rutte on Tuesday (local time) urged India, China, and Brazil to reconsider their economic relations with Russia, warning of potential secondary sanctions, reported Reuters.
Russia has returned the remains of 1,212 Ukrainian soldiers in the latest exchange with Kiev, RT reported, citing Kremlin official Vladimir Medinsky.
In the evening session, men's third seed Alexander Zverev and women's fourth seed Jessica Pegula were forced off the court mid-match due to rain and the threat of lightning.
Prime Minister Narendra Modi is likely to address the UN General Assembly in September. The session will address global conflicts and trade negotiations between the US and India.
US President Donald Trump expresses frustration with the lack of progress in trade talks with India, imposing a 25% tariff. The move comes amid concerns over trade deficits and India's reliance on Russian military equipment and energy.
'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'
'Just as we cannot surrender the interests of our farmers and dairy industry, Trump is also looking for markets for the produce of the farmers in the Midwest, which are his support base.'
The summit, scheduled for Friday, marks the first in-person meeting between the leaders of the US and Russia in over four years.
INS Tamal is the eighth Krivak class frigates to be inducted from Russia over the past two decades.
By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.
Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.
According to the DRDO chairman, the BrahMos missile, primarily launched from Sukhoi Mk 1, was used during the offensive phase.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances