BofA Securities has revised its year-end Nifty target from its earlier projection of 16,000 to 14,500 now - down over 6 per cent from the current levels. Fast tightening monetary conditions, slowing growth/fears of US recession and the likely Nifty EPS (earnings per share) cuts, BofA Securities said, are the key headwinds for the markets in the near-term. However, clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022.
He hasn't been able to translate his IPL form into national colours but Ruturaj Gaikwad is not too worried
Xi Jinping's recent actions in South Asia have amply demonstrated the disastrous impact of China's embrace, observes Jayadeva Ranade, the retired senior RA&W officer and China expert.
Leaders of India, Australia and the United States -- countries that make up the Quad with Japan -- expressed shock at the assassination of former Japanese Prime Minister Shinzo Abe, saying he played a 'formative role' in the founding of the partnership and worked tirelessly to advance a shared vision for a free and open strategically-important Indo-Pacific region.
Prime Minister Narendra Modi in his first-ever in-person meeting with President Joe Biden raised a number of issues involving the Indian community in America, including access for Indian professionals in the US and speaking about the H-1B visas, Foreign Secretary Harsh Vardhan Shringla has said.
Even as the prime minister's office and the foreign ministry deepen ties with Washington, the defence ministry cold-shoulders the Pentagon, notes Ajai Shukla.
The US and India likely to sign a high quality bilateral investment treaty to create an enabling business environment.
United States and India will hold their four-day inaugural strategic dialogue beginning June one which would include an in-depth discussion between the leaders of the two countries on global and regional issues.
Despite the vicissitudes of the policies of their governments, emotional bonds have already existed between the two countries, certainly from the Indian people's side.
The demand for action by Pakistan was made through a joint statement issued after the 2+2 ministerial attended by the US Secretary of State Antony Blinken and Defence Secretary Lloyd Austin, Defence Minister Rajnath Singh and External Affairs Minister S Jaishankar.
Chinese and Russian warplanes on Tuesday conducted joint air patrols over the Sea of Japan, the East China Sea and the West Pacific Ocean as the leaders of Quad held their in-person summit in Tokyo, in an apparent attempt to send a message of unity between Beijing and Moscow.
Foreign Secretary Harsh Vardhan Shringla has met top Biden administration officials, including Secretary of State Antony Blinken and Deputy Secretary Wendy Sherman, and held substantive discussions with them on the strategic bilateral ties and regional and global issues like the current situation in Afghanistan after the Taliban seized Kabul.
'Sullivan and Jaishankar welcomed the cooperation in recent weeks that resulted in deliveries of over USD 500 million in COVID-19 relief supplies from the US federal and state governments, US companies and private citizens across America for the people of India'
The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.
The United States has ruled out signing a Totalization Agreement with India for now.
Calling India an indispensable partner for the 21st century, United States Secretary of State John Kerry said on Monday the dynamism and entrepreneurial spirit of this bilateral relationship is needed to solve some of world's greatest challenges.
The Netherlands has emerged as India's fifth-largest export destination in 2021-22 (FY22), jumping from its 10th position a year ago. Exports to the fifth-largest economy in the European Union (EU) bolted 94 per cent to $12.5 billion in the financial year ended March 31. In FY22, the Netherlands surpassed Hong Kong, Singapore, the UK, Germany, and Nepal to become India's largest export destination in the EU. Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place.
Hoping that NASA and ISRO will collaborate in the future, US astronaut Sunita Williams said the Indian government should accelerate its space programme as a lot of students and young people are showing interest in the field.
The two leaders reaffirmed that the United States and India 'will take concerted action against all terrorist groups, including groups proscribed by the UNSCR 1267 Sanctions Committee'.
'Countries around the world are like passengers aboard the same ship. For the ship to navigate the storm and sail toward a bright future, all passengers must pull together'
In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.
'The role played by the Indian expatriate community in the US acted as the lever for the change of perception about India,' says Foreign Secretary Shashank.
The Biden administration has reaffirmed its commitment to support India's permanent membership in a reformed UN Security Council and New Delhi's entry to the Nuclear Suppliers' Group.
The case of 100 Indian workers who had alleged slave treatment at US shipyard, is keenly being followed by the Indian consulate. These workers had accused their employer Signal International of tricking them into coming to the US. These workers were forced to live in subhuman conditions and were made to pay $1000 as house rent. They are demanding of case of human trafficking against their employer from the US Department of Justice. They have been living there since a year.
Dr Rajiv Shah, administrator of the United States Agency for International Development and the highest ranking Indian American in the Obama administration, who accompanied US President Barack Obama to India said that today his agency's developmental relationship with India has evolved into a peer to peer partnership unlike in the past when India was simply an aid recipient.
South Africa have had well documented troubles against spin in the past and Rahul believes the returning Ravichandran Ashwin and Yuzvendra Chahal will be a handful for the hosts in the first two games, with the third to be staged at Newlands in Cape Town on Sunday.
Unlike the GOP manifesto where the presence of one of the most influential and powerful Republican Indian Americans who served on the Platform Committee and actively participated in the foreign policy deliberations, transforming the original anemic language on India into substantial declarations, the lack of any Indian American Democrats with even a semblance of gravitas on the Democratic Platform Committee has resulted in the original bland language vis-a-vis India being ret
'With China investing in Iran's energy sector, India cannot afford to lag behind.'
He said as per the US, India was a sovereign state, so "what are we then?" he asked.
A report co-authored by second generation Indian Americans has taken a pessimistic view of the United States-India relationship, owing to the problems with economic and trade ties between them.
India and the United States may be moving towards a resolution of the stand-off over senior diplomat Devyani Khobragade's case with the envoy getting exemption from personal appearance in a New York Court hearing visa fraud charges against her even as she got her accreditation to the United Nations headquarters.
The US "Indo-Pacific Strategy" is bound to be a failed strategy, Wang said in the comments posted by the Chinese foreign ministry on its website.
"A stable and settled Afghanistan, where the rank and file of the Taliban has given up violence against the government, and the people, cut all links with terrorism, subscribe to the values of the Afghan Constitution and its laws, and where development is the hard rationale, is what we seek and quest for," Permanent Representative to the UN, Hardeep Singh Puri said.
Over a million Chinese counterfeit electronics parts are being used in American military hardware, a key Senate Committee has warned, raising the possibilities that some of these fake parts may have been used in military jets which have been sold to India.
Finance Minister Nirmala Sitharaman on Tuesday highlighted "significant reforms" undertaken by the government including National Monetisation Pipeline (NMP) and National Infrastructure Pipeline (NIP) as she met institutional investors in Boston. Sitharaman arrived in the US on Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washingon as well as G20 Finance Ministers and Central Bank Governors (FMCBG) meeting. During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen.
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'.
