India needs to increase the investment rate to 34-35 per cent from 31-32 per cent currently to achieve a growth rate of 7 per cent and above, said S Mahendra Dev, chairman, economic advisory council (EAC) to the Prime Minister, on Wednesday.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
The way to deal with a bully is to resist bullying, because submission in the first instance only invites even more overbearing demands in future. What may seem like a small price to pay now will lead to a much higher price later, warns former foreign secretary Shyam Saran.
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
The US president also cut funding for international groups that provide abortions, and froze hiring of some federal workers.
For India to reach its ambiguous economic growth targets, it needs to be integrated into global trade pacts.
To help US, as India will be a major economy in the future.
US President-elect Donald Trump has vowed to pull out of the Trans-Pacific Partnership, the world's largest trade deal, and investigate abuses of work visa programmes as he outlined his policy plans for the first 100 days in office.
Indian firms feared they would lose business if US ratified the Trans-Pacific Partnership agreement with 11 other countries.
The United States is creating a new strategic framework for the 21st century and its Trans-Pacific Partnership is just one of the pillars of the new edifice, says Sanjaya Baru.
The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.
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.
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".
United States President Barack Obama will meet Iraqi Prime Minister Haider al-Abadi at the White House on April 14 to discuss a range of issues, including the military campaign against the Islamic State.
Goyal was to visit Beijing from August 2 to 3 to take part in the RCEP Intersessional Ministerial meet.
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
'India has not integrated into any major trade agreement'.
Republican presidential front-runner Donald Trump has said the US has now become a "third world country" as compared to infrastructures in Dubai and China, and promised that things would change once he is elected the American president.
Indian-American governors Bobby Jindal and Nikki Haley, as well as an Indian-origin scribe were among those on the receiving end of Donald Trump's barbs on social media, according to a New York Times compilation of people, places and things the Republican has insulted since declaring his bid for presidency.
Trump said if elected the US under his administration would pursue right away to bring back jobs.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
Trump said he will create jobs all across America and provide cheaper energy to people, especially farmers.
The US economy added 160,000 jobs in April, extending the longest streak of private-sector job growth on record.
Prime Ministers Modi and Abe enjoyed a close and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership. It is necessary for India to reach out and engage with his successor as early as possible, advises former foreign secretary Shyam Saran.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
Donald Trump said he will never sign any trade agreement that hurts US workers, or diminishes its freedom and independence.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
Possible US envoy says India must get assurance against China.
'There is little appetite in the Democratic foreign policy establishment to pick a fight with India.'
If the WTO talks in Bali fail, it will adversely impact India.
"It's ironic that Modi visited Tokyo a few days ago and talked about China's expansionism. The key now will be to get beyond such unnecessary controversies and start afresh.'
Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
The US foreign policy under President Donald Trump would put "America first" and would be based on the principle of "peace through strength," the White House said today, hinting at massive military expansion under the new administration to maintain "unquestioned" US military dominance.
China aims to set common standards on issues.
China accounts for more than one-third of the apparel export market
'You can ascribe any ideology to him, and it will be equally right - or equally wrong.' 'Even though the comrades on the Left will never admit it, he seems as much Stalinist as capitalist.'
If elected president, the Republican nominee said he would declare China a currency manipulator, cancel payments to United Nations for combating climate change and renegotiating NAFTA.
'I hope that the incoming Biden-Harris Administration works with India to address some of the most profound geopolitical transboundary challenges.'