India on Thursday bluntly told the US that surveillance of political leaders and others in India by the American intelligence was "unacceptable" to which the US responded by saying that any differences that may exist can be resolved by intelligence communities of the two countries.
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
From the Syrian civil war to the Ukrainian crisis to the terror unleashed by the dreaded Islamic State, there was no lack of news in 2014. In this five-part series,rediff.com presents a selection of the year's most enduring moments year from around the world.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
"Protectionism is not new. The attention that is given is because there is a political and emotional element to it." TCS COO N G Subramaniam on why his company is optimistic despite global headwinds.
The 13-page joint statement issued after Prime Minister Manmohan Singh's annual summit with Russian President Vladimir Putin shows the breadth and depth of relations between the two countries and the trust factor that has been constant element behind it.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
'By the time he came out after nearly five hours, he had a one-to-one conversation with the President, a delegation-level meeting, a reception, a dinner, a tour of the White House and a joint statement of a kind none of his predecessors ever had,' says Ambassador T P Sreenivasan.
There's still little indication of forward movement in Indo-US defence relations.
'A three generation US-Pakistan relationship is not likely to be snapped any time soon. All this presents an irritant to an India that wishes to concentrate on economic development,' says Colonel Anil A Athale (retd).
Following her spat, 'Aunty National' Irani took to Facebook to speak out against her detractors. Here's the Facebook post in response to her critics which Rediff.com represents verbatim:
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Torrent to buy Ranbaxy's anti-bacterial generic
'Even in this age of self-willed and authoritarian leaders and spontaneous gestures, a script is still written,' notes Ambassador B S Prakash, imagining the 'talking points' are for the India-US summit on June 26.
The new government needs to clearly insist on diplomatic reciprocal arrangements with China. While reciprocity is a function of power in bilateral relations, the Modi-led government's responses should be based on India'S inherent strengths, says China expert Srikanth Kondapalli.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
New Delhi remains a priggish suitor to Washington's overtures, but it has begun appreciating potential tech benefits to ties with the US.
Sensex climbs higher on favourable global cues.
To make it possible to attract the best of our young people to join the armed forces, all university courses anywhere in India should include compulsory National Service for a total period of six months, says T Thomas
'Difficult issues should not be brushed under the carpet, but should be raised upfront, particularly by India. While engagement and dialogue are always welcome and desirable, there should be some tangible results. Mere signing of agreements, MoUs, joint declarations are not enough.'
Pharma major Lupin and mortgage lender HDFC were the top losers.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Aziz Haniffa, who has covered every Indian Prime Minister's visit to the US since Rajiv Gandhi in 1985, gives us a peek into what's happening in Washington, DC on the eve of the Modi-Trump summit.
'Degrees get you into the room, it is the attitude that counts,' says adman Madhukar Kamath.
'India alone cannot walk the path of peace. It also has to be Pakistan's journey to make,' says Prime Minister Narendra Modi at the government's geo-political flagship initiative "Raisina Dialogue-II".
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
The central government has drafted a law to restrict wombs for hire, and there is much to be said on all sides.
An Olympic campaign saved by the fortitude of three women, a cricket team that rediscovered itself under a bold and zealous Virat Kohli -- Indian sports in 2016 was a dramatic mix of highs and lows wherein athletes mostly raised the bar but administrators found new ways to embarrass the country.
No date has been announced for Air India's induction into the club of more than 28 leading carriers
Obama's decision to visit India must be a result of his judgement that Modi is a man of action, feels Ambassador T P Sreenivasan.
Sensex rises, Nifty ends at record high; RIL shares rally.
'In the past the US has been reluctant to name Pakistan directly in an US-India joint statement.'
Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.
Vijay Mallya has lost control of his companies.
'What is the ISI doing and why can't they understand for their own interest that bringing stability to the region will help all the countries become prosperous, whereas a continuation of incitement will only lead to misery for all.'
One thing Beijing must understand is that India is not obsessed with being a threat to China but only wants a rightful place for itself in the world, says Sanjeev Nayyar.
'This is the first time that the Americans have agreed to refer to "cross-border terrorist attacks" in a joint statement.' 'No wonder Pakistan has called the joint statement "singularly unhelpful" and has blasted it, and its all-weather friend China has applauded Pakistan's frontline role in combating terrorism,' points out former foreign secretary Ambassador Kanwal Sibal.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
India has got the money and workforce, but no Indian firm has so far decided to do it