As India goes into firming up trade deals with developed nations like Australia, the United Kingdom (UK) and the regional bloc, and the European Union (EU), it will have to be well prepared to negotiate on new-generation issues, such as data protection regulation, e-commerce, and environment. India is yet to negotiate pacts with its trading partners on these evolving issues since discussions between them have until now been largely focused on tariff and non-tariff barriers and the rules of origin. "We can no longer look at trade just as trade. We have to look at it in totality of global and regional conditions.
Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.
The average rate of COVID-19 vaccination in the country has been 10.8 million per week. At that rate, it will take India till December 2024 to complete two billion doses.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
One Chinese lie has been finally nailed this time by a team of Indian scientists who provide irrefutable evidence that rice did originate in India, a fact contested by China.
'If you see the behaviour of the BJP with their allies, they stay with the allies for some time and then take command of the government.'
'Both Russia and the USA seek New Delhi's friendship, because for both -- Russia and the USA -- India is a certain counterbalance to China.'
Nomura Group Study found that in 2019, out of the fifty-six companies which shifted their production out of China, only three of these invested in India; while 26 went to Vietnam, 11 to Taiwan, and 08 to Thailand. In April 2020, Nikkei noted that out of the 1,000 firms which were planning to leave China and invest in Asian countries, only 300 of them were seriously thinking of investing in India.
Only the future will tell if Modi can leave his mark on the Ukraine crisis. Nonetheless, it is both a challenge and an opportunity for India's diplomacy, notes Rup Narayan Das.
China would be an influential player in the bank
Association of caste with the way people have tended to vote in Bihar has somewhat weakened.
'If any party talks too much about Muslims, it will lose.'
What India should not do is take the path China took at one stage to become the world's foremost cheap factory, says Subir Roy.
Pune-based entrepreneur's unlisted company is already the largest vaccine manufacturer in the world and the networth has been helped by vaccine distribution and manufacturing potential of his business, it added. Recentrly, Serum struck an agreement with AstraZeneca to manufacture 1 billion doses of coronavirus vaccine being developed by Oxford University.
Xi spoke of the importance of implementing the new development philosophy and advancing the new development paradigm of "dual circulation" in the country's new development phase to ensure a good start for the 14th Five-Year Plan (2021-25) period.
But it scores high on firm dynamics - which is partly accidental, as it benefits from high labour turnover.
'We don't know the cause of death. We will know it later after post mortem'
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
Rampant crime challenges the chief minister's promise to maintain law and order. But some say there are other forces at play.
The new rail and road cargo service launched on Friday, linking Guangdong, Tibet and Nepal, aims to boost trade with the South Asian neighbour as China pushes forward its Belt and Road (Silk Road) initiative, state-run Xinhua news agency reported on Saturday.
'For two months, Jitan Ram Manjhi kept a low profile. Once he was put in a place of power even though he had not acquired it himself, he thought he deserved it. He thought he must promote his own political career. Secondly, all those who were opposed to Nitish Kumar, either within the party or outside, started supporting him,' says Professor Prabhat Ghosh, director of the Asian Development Research Institute in Patna.
Brinkmanship in the Taiwan Strait will not only be a recipe for disaster to both China and Taiwan, but also to international peace and stability, warns Rup Narayan Das.
'Leaders of the Indian community in Hong Kong had broached the idea of developing the Andaman and Nicobar islands for investment and setting up manufacturing units,' points out Rup Narayan Das.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
He was most recently credited as one of the brains behind labour law reforms in Rajasthan
The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
'If Nitish goes alone, he will be washed away.' 'If he hand holds the BJP, it will again crush him because it will be known that he has sided with the BJP because he doesn't have any other option.' 'Lalu knows Nitish coming back will be a political gain for Lalu.'
Most forecasts do not have a track record of transparency and accuracy
Arvind Panagariya speaks about climate change, globalisation and India's economy.
'The ultimate satisfaction of helping in the country's space programme is the bigger achievement attracting women to space research -- and they are so good at it!'
Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.
India has the fourth highest number of malaria cases in the world.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Rup Narayan Das reveals the towering Odisha leader's role in improving national security after the 1962 War with China.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
In our series on Super30 achievers, we find out how Aquibur Rahman has fared since he cleared his IIT-Joint Entrance Exam.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.