The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
United States President Barack Obama will visit Asia in April next year, to push closer ties, but India is unlikely to be part of his stopovers given that the country could very well be in the middle of a general election.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
Moody's Investors Service has warned that India, along with the Philippines, Thailand, and Vietnam are highly vulnerable to volatile food and energy prices in the Asia-Pacific region as the Russia-Ukraine conflict continues to disrupt supplies and raise the cost of agricultural products, especially cereals and vegetable oils, as well as fertilizers and other agricultural inputs. This is so because these countries have a higher weighting of energy and food prices in their consumer price index (CPI) baskets, Moody's said in its report released on Tuesday. The weighting of energy and food in overall Indian CPI stands at over 55 per cent.
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
For India, Fitch Ratings has 'BBB-' rating.
'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'
'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'
India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
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.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
The 'Missing link in India's Act East Policy', as India's former foreign secretary Shyam Saran calls it, needs to be filled sooner rather than later, says Dr Rahul Mishra.
Noting India's strategic importance in American efforts to limit the Chinese influence, a former top diplomat on Friday said the United States should include New Delhi in its East Asia policy.
The United States of America, say experts, is gently nudging India to contain the rise of China's assertiveness in the Asia Pacific region without antagonising the latter.
Former United States President Donald Trump has promised that he will take America's relationship with India to the next level again if he wins the presidential election in 2024.
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
'Modi's initial forays into foreign policy had the flavour of Aswamedha Yagas launched by ancient kings to conquer the world.' 'He overcame the hesitations of history and explored unconventional ways to win friends and influence people.' A fascinating excerpt from Ambassador T P Sreenivasan's new book, Modiplomacy -- Through a Shakespearean Prism.
Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
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.
Unsustainable growth, population, urbanisation & consumption increase impact region's environment
Allaying apprehensions of an emerging military alliance between them, China and Russia beefed up their ties with 10 "crucial" agreements including setting up Russian nuclear plants and development of commercial aircraft and helicopters.
India Inc's hiring outlook has become the weakest in the past eight years in the Asia-Pacific region, even as job losses have emerged as a critical concern.
Tulsi Gabbard, the first Hindu to become a member of the United States House of Representatives, has been named to two key Congressional committees through which she would play an important role in the country's foreign policy and homeland security. Gabbard, 31, who represents Hawaii's second Congressional District, has been named as a member of the House Foreign Affairs Committee and House Homeland Security Committee
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
While banks are not as exposed as the corporate sector during the initial stage of the pandemic, the strain on lenders could ultimately be profound. Banks face a second-order hit compared with the corporate and household sectors.
US admiral's suggestion for a revival of a strategic maritime quadrilateral with Japan, Australia and India leaves China livid, says Rajeev Sharma.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
In Asia-Pacific's public eye, Prime Minister Narendra Modi is below Chinese President Xi Jinping and Japan's Shinzo Abe, according a survey
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Indian businesses in the US have created about 91000 jobs in the US.
Barack Obama, who won a second term to the White House on Tuesday against all odds, is a hard-nosed leader with an even-keel temperament, charismatic speaking skills and a knack for consensus-building.
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