Traders are now focussed on the upcoming November trade data, due sometime this week, for near-term direction, with consumer inflation data due out on Thursday, which will help set expectations ahead of the Reserve Bank of India's policy review on December 18.
'If Rao had, in fact, given a word to President Clinton in 1994 that India would not test, he would not have encouraged Vajpayee to test. The note, said to have been handed over to Vajpayee by Rao with the words, 'Now is the time to accomplish my unfinished task' may not have been a reference to nuclear tests at all,' says T P Sreenivasan.
In the year since Modi cast the spotlight on Pakistan's human rights violations in Balochistan, India has not done much more than raise the issue at the UN a few times.
'China any day would prefer to team up with India and dump Pakistan once the resolution of the border dispute becomes an accomplished fact.'
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
Multinational organizations including PepsiCo and industry associations like IPA, have come in favour of India's intellectual property regime, which is being reviewed by the US administration.
New Delhi was reluctant to spook investors by clipping the bank's wings
Modi's hopeful rhetoric has not yet turned into concrete policy reform
Israel is determined to take the bilateral engagement to a different level that goes beyond defence hardware and intelligence software. Kanchan Gupta reports exclusively from Tel Aviv for Rediff.com
'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.
A strong partnership with US would deter China from making any aggressive posture against India, said Puneet Ahluwalia, a member of the Trump's Advisory Committee on Asian Americans.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Stock markets might be tumbling like ninepins but India's policy planners feel the crash on the bourses is just in line with global trends and the economy is not overheated, as all macro indicators remain strong.
'The Pakistani game plan in making its envoy in India to perform the last rites of a fledgling peace process is madness with a method.'
Forex dealers will keenly watch, instead, if the central bank indicates more measures to stabilise the currency or gives a timeframe for its current action.
Malaysia has asked India to lower its duties on vegetable oils and fats, which forms a major chunk of Kuala Lumpur's exports to the country, to a level comparable of soya oil.
When Obama signs the NDAA 2017 into law this week, the US-India partnership will be enshrined in US legislation, binding every succeeding administration, whatever its inclinations, to treat India as a 'major defence partner,' says Ajai Shukla.
'Progress demands regular senior-level attention from American leaders.' 'A leaders' summit is great, but we need sustained engagement to continue to forge new agreements and find new areas of cooperation.'
Confident of signing the much delayed USD 10 billion (Rs 62,120 cr) contract for Rafale fighter jets with India "soon", French Defence major Dassault on Thursday said its pricing remains the same from day one and it has not wavered from the request for proposal.
Addressing his first press conference after taking over as foreign minister, Singh said the new government is committed to take the Indo-Pak peace process forward.
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The Indian Consulate in Guangzhou has organised a face to face interaction with Chinese investors to make a case for them to step up investments in India, a press release from the Consulate said.
Defence Minister Manohar Parrikar has voiced his concern at Dassault's reported reluctance to meet the terms of the IAF tender, which required the French company to guarantee the 108 fighters that HAL would build in India, after the first 18 were supplied fully-built in France.
Kerry is scheduled to head to India later this month for the fourth annual US-India Strategic Dialogue.
The Bank Nifty is high beta anyhow and it could move the broader market.
'India's policy makers need to pull their heads out of the sand and recognize the reality that Pakistan has supported and sponsored terrorism on Indian soil for more than three decades; a national counter-terrorism strategy must be evolved in the fullest consciousness of this fact, and of the continued hostility of the Pakistani nation-State to the very idea of India.'
'E Ahamed will be sorely missed as a decent and wise man who made the best use of his political career and personal abilities for the good of the nation,' remembers Ambassador T P Sreenivasan.
The last 25 years of Indian democracy have shown that anti-incumbency in state elections is on the decline. This is a positive trend because continuous terms will allow political parties to look beyond single-term policies and focus on long-term development, says Richard M Rossow.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
'Civilian casualties are something that could change the mood overnight, and therefore should be avoided by every means.'
'While China expressed reservations on the Indian role in the South China Sea, Beijing threw to the winds Indian concerns on Kashmir by announcing $46 billion in investments Pakistan occupied Kashmir,' says Srikanth Kondapalli.
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