Prime Minister Narendra Modi along with his counterparts from Australia and Japan on Friday attended the first in-person meeting of Quad leaders hosted by US President Joe Biden during which they plan to discuss issues like climate change, Covid-19 pandemic and challenges in the Indo Pacific, amidst China's growing military presence in the strategic region.
Flexing its muscles over Taiwan, China on Monday sailed its aircraft carrier close to the estranged island amid tensions with the US following President-elect Donald Trump's telephone call with the Taiwanese president.
"Relevant countries should abandon the obsolete Cold War mentality and narrow-minded geopolitical rivalry concept and view correctly and respect people's aspiration in the region and do more things conducive to regional solidarity and cooperation," Chinese foreign ministry spokesman Zhao Lijian said.
The Fujian was launched at a brief ceremony held at the Shanghai shipyard, the official media reported from the eastern metropolis.
Besides the 27 asymptomatic patients, 10 new confirmed COVID-19 cases, including six from Chinese returning from abroad, were reported in the country on Wednesday.
Analysts suggest investors remain in a wait-and-watch mode and not jump in to buy stocks across-the-board.
The United States will continue to support India with equipment and other things it needs along the Line of Actual Control (LAC) with China, a top American admiral has told lawmakers, asserting that Washington and New Delhi share a 'tremendous partnership'.
Foreign portfolio investors (FPIs) have pulled out Rs 4,515 crore from the equities segment in the first half of July as they turn cautious towards the Indian market. "With markets trading near all-time high, FPIs would have chosen to book profits. "They have also been staying on the sidelines given high valuations and most likely on the back of the risk of a potential third wave of the coronavirus pandemic," said Morningstar India associate director (manager research) Himanshu Srivastava. Though the continuing firmness in the dollar and the possibility of rising bond yields in the US do not augur well for capital flows into emerging markets like India, there is no immediate worry at the moment, he said.
Romance, horror, adventure, animation, sushi, Sukanya Verma gives us her OTT recommendations for the week.
Hydrography (underwater geography) prevents the Indian Navy for opting for an all-conventional, or all-nuclear submarine fleet.
'This was Indian land the PLA advanced on and occupied.' 'The Chinese then 'negotiated' a pullback of their troops a small distance on Indian territory even as Indian jawans draw back further into India from the forward position.' 'An apparently satisfied Indian government says this is a great move for peace! How great is that for China!'
Amid a controversy over the rejection of West Bengal's tableau for the Republic Day parade themed on Netaji Subhas Chandra Bose and his Indian National Army, his daughter Anita Bose Pfaff said on Monday the legendary freedom fighter's legacy has often been 'partly exploited' for political reasons.
We can make a beginning by openly acknowledging the Russian help in 1971 victory when President Putin visits India on 6 December 2021. Showing gratitude to a friend is part of our DNA, notes Colonel Anil A Athale (retd).
Trump on Sunday questioned the relevance of continuing the "One-China" policy if Beijing refuses to make any concessions on trade and other issues.
He said that "the state of the border will determine the state of the relationship, that's natural".
Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday. Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017. Walmart continues to top the Fortune list with a revenue of $524 billion, followed by China's State Grid at $384 billion.
'Our record and our actions and stances is fairly clear and by criticising it repeatedly, it doesn't make us less credible'
The Indian and Chinese armies have been locked in a bitter standoff at multiple locations in eastern Ladakh for over eight weeks since May 5.
To resist external pressure, it could use India's inherent assets and try and make democracy stronger by giving more space to human rights and minority rights, advises Aakar Patel.
'The richness of Buddhism makes it possible for us to create these stories and to interpret them.'
Russian President Vladimir Putin arrived in Beijing on Friday for the 2022 Winter Olympics and a meeting with Chinese President Xi Jinping, bringing with him a deal to increase natural gas supplies to China amid rising tension with the West.
India's Satwiksairaj Rankireddy and Chirag Shetty outclassed Hiroyuki Endo and Yuta Watanabe of Japan in straight games to enter the men's doubles final at the French Open.
Chinese observers forecast that whether it is Trump or Biden, they are expected to follow tough and hardline policies towards Beijing as part of US efforts to contain the rise of China.
A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.
'Under General Secretary of the Chinese Communist Party (CCP) Xi Jinping, Beijing has stepped up its aggressive foreign policy toward New Delhi. Since 2013, China has engaged in five major altercations with India along the Line of Actual Control (LAC),' said a brief issued by US-China Economic and Security Review Commission.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.
China, who have yet to lose a single badminton match to another nation at the Tokyo Olympics, won gold and silver in mixed doubles on Friday after Wang Yilyu and Huang Dongping beat favourites Zheng Siwei and Huang Yaqiong 21-17, 17-21, 21-19.
Aseem Chhabra watched some great films and some huge disappointments in 2021.
Speaking on condition of anonymity, the official asserted that US President Donald Trump, during his presidency, has really strengthened all aspects of the US-India security and defence cooperation to build a comprehensive, enduring and mutually beneficial defence partnership.
'The Chinese are retaining geostrategic pressure on India by keeping troops there and building infrastructure continually.'
US Vice President Kamala Harris would host a separate meeting with the prime ministers of three Quad countries -- India, Australia and Japan -- at the White House to discuss with them the important factors for democracies to go forward, officials said.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
The remarks of White House Press Secretary Jen Psaki came ahead of the 14th round of military-level talks between India and China on the 20-month row in eastern Ladakh.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A 6.6 magnitude earthquake struck off the coast of Taiwan early on Monday, the United States Geological Survey reported. A tsunami as big as three feet was reportedly forecast to hit islands in Japan's far south.
The first priority for the new Tibetan administration in Dharamsala should be to look at Tibetan recruitment in the PLA, suggests Claude Arpi.
