Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
The Indo-Asean FTA provides an opportunity for India to be more engaged with the region, says Sanjaya Baru.
After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".
Describing Pakistan as "Somalia of South Asia", Congress today said the terror attack on Sri Lankan cricketers in Lahore is a result of Pakistan's long-standing policy of ceding its territory to fundamentalists and the Taliban.
Her statement comes ahead of Pakistan Prime Minister Shahid Khaqan Abbasi's address at the United Natiosn General Assembly.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
Skilled Indian migrants might teach Hindi in Australian schools
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.' 'The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere transactional relationship,' says Ambassador M K Bhadrakumar
The US Secretary of State said the two countries should find ways as to how they could work together to bring stability and peace to the whole region.
'During my visit to Japan and after meeting with Prime Minister (Shinzo) Abe, I gladly recall that in our joint declaration we mentioned Asia-Africa growth corridor and proposed further conversation with our brothers and sisters of Africa,' Prime Minister Modi said.
'If his three priorities are the economy, the economy, the economy, then there is need for a stable region, a stable neighbourhood.'
Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items, with experts saying that RBI is expected to hold interest rates steady in the current fiscal. This is the fourth straight month when retail inflation has declined and the third straight month of Consumer Price Index (CPI) based inflation remaining within the RBI's comfort zone of below 6 per cent. CPI-based inflation stood at 4.7 per cent in April and 7.04 per cent in May 2022.
A top US Air Force official's remarks that his country is planning to station a military aircraft in Thiruvananthapuram as part of its policy of encircling China with defence bases has created flutters in New Delhi and the government has dismissed any such possibility.
Pakistan continues to play pivotal role in China's South Asia policy and India "must accept" this "enviable friendship" as Beijing cannot scale down its ties with Islamabad merely because of New Delhi's feelings, an official daily said on Thursday.
The external affairs ministry's files, as distinct from those of the ministry of defence or the agencies, at least from before 1974 should be declassified. And if select files that are more than 40 years old are not to be declassified, the ministry should follow explicit guidelines to justify taking such a view, says Jaimini Bhagwat.
After a year's delay due to COVID-19, the 19th Asian Games officially opens in Hangzhou on Saturday with hosts China eager to lift a country mired in economic gloom.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
Global funds, according to Christopher Wood, global head of equity strategy at Jefferies, are now beginning to pay more attention to India with the market now offering 30 companies with a market capitalisation over $25 billion.
The pitch comes close on the heels of China launching its multi-billion dollar OBOR initiative
Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.
Giving a push to India's 'Connect Central Asia Policy', External Affairs Minister S M Krishna arrived in Dushanbe on Monday in the Tajik capital to hold talks with the resource-rich country's top leadership on bilateral issues such as trade, energy and counter-terrorism.
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
This is possibly the first time Hasina's daughter will be by her mother's side during an official visit to close neighbour and ally India, and analysts believe this to be significant in many ways.
From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, PowerGrid and Bajaj Finserve gained up to 2.01 per cent. On the other hand, bellwether stocks such as ITC, Kotak Mahindra, Tech Mahindra and Reliance were the laggards. ITC shares closed the session with a loss of 3.87 per cent lower and Reliance ended 1.92 per cent lower.
The US said that it supports dialogue between India and Pakistan over Kashmir.
The Reserve Bank of India's tight monetary policy is expected to moderate India's economic growth rate to 8.1-8.6 per cent in 2008, against 8.5-9 per cent in 2007, Global rating agency Standard and Poor's said on Wednesday.
For the region to realise its full potential, New Delhi needs to start looking at the land-locked northeast as an important starting point in India's 'Act East' policy, says Nitin Gokhale
Senior Democrat leader Chuck Schumer asserted that the president is not ready for "primetime".
The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.
Growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.
For India, Fitch Ratings has 'BBB-' rating.
The members of the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) voiced different views on the interest rate and stance, with two of them indicating they may not vote for further rate increases even if Governor Shaktikanta Das and Deputy Governor Michael Patra maintain bringing down inflation as their primary objective, the minutes of the December review of the monetary policy showed. The other two members remained neutral. The MPC increased the policy repo rate by 35 basis points (bps) - which was lower than the previous three hikes of 50 bps. The repo rate has been hiked by 225 bps to 6.25 per cent since May this year.
'There will be very strong interest in cooperating with India under any future American administration, but on the margins India will need to be careful not to tip its hand regarding the election.'
Real estate biggies unhappy with status quo on RBI rate cut.
India's top two singles players Sumit Nagal and Sasi Kumar Mukund have conveyed to the national tennis federation that they won't travel to Pakistan for the next Davis Cup tie.
'The Weather Channel argues that India faces the gravest challenge: Climate change-induced health vulnerability.' 'This is an issue often neglected, alerts Claude Arpi: "Prolonged summers, unpredictable rains, floods, droughts, and rising sea levels are the harsh realities of climate change in the country. These factors increase the frequency and severity of illnesses, pushing people into poverty, and forcing migration".'
Narendra Modi's promise to allow states a bigger say in strategising and building foreign policy is unexceptionable, says TP Sreenivasan.
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
