The exercise, which was planned many months in advance, was earlier planned to be held in October but would now be held next month, Army officials said.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
The global semiconductor shortage is turning into a headache for automotive (auto) and appliance manufacturers. But it is proving to be a boon for equity investors. Semiconductor stocks are among the best performers this year. The PHLX Semiconductor Index has gained more than 35 per cent year-to-date.
A genuine attempt was made to reset relations in a positive way, signalling a stepping back from the brink of conflict, much to the relief of the world, observes Ambassador T P Sreenivasan.
In Tokyo, hundreds of Japanese citizens came out on the streets to express solidarity with the oppressed people of Tibet, Xinjiang, Mongolia, Hong Kong and Taiwan.
During a daily briefing, Chinese foreign ministry spokesperson Lijian Zhao said Beijing hopes Washington, DC will work with China to implement the spirit of the two heads of state's virtual meeting through concrete actions to bring bilateral relations back onto the track of sound and steady development.
In what is seen as the first sign of China's exasperation over Russia's Ukraine war, Chinese President Xi Jinping on Thursday raised 'questions and concerns' over the conflict in his meeting in Samarkand with Russian President Vladimir Putin who thanked Beijing for its 'balanced position' on the crisis.
Bhutan firmly abides by the one-China principle meaning Taiwan and Tibet are part of China and stands ready to work with China for an early settlement of the boundary issue and advance the political process of establishing diplomatic relations, it said.
'We must understand that the LAC is a political issue for China, so any action on the LAC will keep India focussed on the LAC which gives China the opportunity for any adventurism in the Indian Ocean.'
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
In democratic India, a citizen can be a patriot and at the same time be critical of the government, unlike China which promulgated a national security law in Hong Kong prescribing patriotism to contest elections, observes Rup Narayan Das.
China is expanding its nuclear force and is likely to have a stockpile of about 1,500 warheads by 2035, up from the current estimated number of 400, the Pentagon has said in a report that notes that Beijing aims to expand its national power through both domestic and foreign policy initiatives.
The tests have to be conducted within 72 hours of undertaking the journey to India, Mandaviya said.
Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.
A powerful senatorial committee on Wednesday is set to consider a bipartisan resolution to recognise Arunachal Pradesh as an integral part of India, pushing back against China's military aggression to change the status quo along the Line of Actual Control.
The Women's Asian Cup was thrown into turmoil when hosts India were kicked out of the tournament after a COVID-19 outbreak meant they were unable to field a team for their Group A match against Taiwan on Sunday.
Dominic Thiem defeated qualifier Facundo Bagnis of Argentina 6-4, 7-5 in the first round of the Plava Laguna Croatia Open Umag
The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.
It's the holiday season and stars make the most of it!
Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.
China has operated a fleet of spy balloons targeting several countries including India and Japan, a media report has said, days after the United States military shot down a Chinese surveillance craft floating over sensitive installations in the country.
Aishwarya Rai Bachchan was back on the Cannes red carpet. Not everyone was happy about it.
It's the holiday season and the stars are making the most of it!
President Biden has been forced to turn his attention to domestic politics, as he works to hash out a deal with Republicans to prevent the US from defaulting on its debts at the end of this month.
President Xi Jinping on Monday vowed to build China's military into a "Great Wall of steel" to protect its sovereignty and developmental interests as he sought a bigger role for Beijing in global affairs, days after brokering a Saudi Arabia-Iran detente, regarded as a diplomatic coup.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
This military visit came amid heightened tensions between China and United States, with issues pertaining to disagreements over Taiwan and the COVID-19 pandemic.
The about two-hour-long conversation between the two leaders over a secure video call focused on Russia's invasion of Ukraine, it said.
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
Aseem Chhabra presents his list of 100 best (and must watch) films -- many classics, some relatively new and several personal favourites.
An escalation in the already simmering tensions between North and South Korea, China and Taiwan, and Russia and Ukraine could prove to be a bigger worry for the markets over the next few months rather than central bank policy action, said analysts. The markets, they said, are still not fully factoring in this possibility. "The conflict between Iran and Saudi Arabia is another geopolitical worry.
In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.
'India is an equity market with a breadth and depth of companies to invest in.'
Taiwanese electronic contract manufacturer Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement. Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta". "Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
A former gymnast and a first-time Olympian, Polina Guryeva won silver in the -59kg class, weightlifting behind her idol, Taiwan's Kuo Hsing-Chun, who broke Olympic records in all three of the event's categories.
'Which will not happen.' 'Foreign Minister S Jaishankar has expressly refuted Beijing's statement that normalcy was returning to Sino-Indian relations.'
Announcing the hotline, the Chinese defence ministry said as agreed upon by the defence departments of China and Japan, the two sides have recently completed the construction of a direct telephone line for the sea and air liaison mechanism and will maintain communication on the arrangement for the launch.
The resolution also pushes back against People's Republic of China (PRC) claims that Arunachal Pradesh is PRC territory, which is a part of the PRC's increasingly aggressive and expansionist policies.
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