In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
Had it not been for the slow but sure emergence of China as a threat to the western order, would India have been accepted as a near-equal partner by individual western nations, jointly and severally, questions N Sathiya Moorthy.
Criticising Prime Minister Narendra Modi's foreign policy, Congress leader Manish Tewari has said his 14 months of diplomacy, including meetings with US President Barack Obama, has yielded "zero" results for India.
Two missiles landed in Polish territory on Tuesday, Sputnik news agency reported citing Polish media.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Trump, who is seeking to contest the 2024 presidential election from the Republican Party, on Thursday pleaded not guilty before Upadhyaya as he appeared at the courthouse that sits just blocks away from the Capitol, where his angry supporters stormed the US Congress on January 6, 2021.
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
Prime Minister Narendra Modi met representatives of several prominent American think-tanks on Monday -- his last engagement of the day -- to understand how they look at global trends and challenges and what India and the US can do together for the world.
The reaction came a day after India said at the United Nations Security Council that 'quiet and constructive diplomacy' is the need of the hour and that any step that could escalate the tension should be avoided.
The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.
The statement by John Kirby, national security council coordinator for strategic communications at the White House, came as Putin hosted the Chinese leader.
NATO Secretary General Jens Stoltenberg on Tuesday extended condolences to Polish President Andrzej Duda after the explosion in the east of the country, adding that the alliance is 'monitoring the situation'.
'Increasing Indian influence meant "people here in Washington DC, in Brussels, in London or other world capitals don't talk about Kashmir".'
India will be the most consequential partner for the US in the Indo-Pacific this century, US Defence Secretary Mark Esper said Tuesday ahead of the 2+2 ministerial dialogue between the two countries next week. Esper on Tuesday told a Washington audience that he and the Secretary of State Mike Pompeo would be travelling to New Delhi next week for the 2+2 ministerial with their respective Indian counterparts Defence Minister Rajnath Singh and External Affairs Minister S Jaishankar.
India's failure to resolve the Kashmir issue and improve relationship with Pakistan has been an "impediment" to India's rise and become the greatest hurdle in it becoming a permanent member of the UN Security Council and the Nuclear Suppliers Group, Pakistan Prime Minister Nawaz Sharif's envoys have claimed.
India is unlikely to be granted the Most Favoured Nation status before 2014 Lok Sabha elections and resumption of composite dialogue between the two nations, Pakistan finance minister has said.
The US military has intensified its efforts to collect the remnants of the high-altitude surveillance balloon from China that floated over the United States over several days last week from Montana to South Carolina.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
The US president previously offered to mediate between India and Pakistan, a proposal rejected by New Delhi which maintains that there is no role for any third party in bilateral issues.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
India has said that it was deeply concerned over the deteriorating situation in Ukraine and reiterated its call for immediate cessation of violence and end to hostilities.
'In this regard, the future stability of Pakistan remains a wild card,' said the report.
"The intelligence community and the rest of the government are still looking at this. There's not been a definitive conclusion, so it's difficult for me to say, nor should I feel like I should have to defend press reporting about a possible preliminary indication here," National Security Council Coordinator for Strategic Communications John Kirby told reporters at a daily White House news conference.
The RBI's Monetary Policy Committee brainstormed the impact of any future shocks on the inflation trajectory and stressed monitoring the cumulative effect of monetary policy actions over the past one year, which is still unfolding, revealed minutes of the rate-setting panel released on Thursday. The minutes of the meeting of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Shaktikanta Das, also indicated it would be premature to declare an end to the monetary tightening cycle, which started in May 2022 to check high inflation following the outbreak of the Russia-Ukraine war. The central bank, which effected six back-to-back hikes in the key short-term lending rate (repo) since May 2022 to check high inflation, decided to take a pause early this month.
A United States fighter jet Friday shot down an object, the size of a small car, flying with payloads at a height of about 40,000 feet off the northern coast of Alaska on the direction of President Joe Biden, officials said.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
"The external affairs minister will be visiting Moscow to attend the SCO Council of Foreign Ministers' meeting which is scheduled on September 10," spokesperson in the Ministry of External Affairs Anurag Srivstava said at an online media briefing.
The UN Security Council is scheduled to vote on Friday evening on a draft resolution on Russia's military operation in Ukraine as well as the escalating situation in the eastern European country.
They warned that Islamabad wants to send a 'strong message' to India against isolating it on the world stage.
'If deterrence through India's conventional superiority is to be established now, then India will have to escalate to a point where its greater resources make the difference.' 'This is, to put it mildly, both difficult and dangerous and thus inadvisable,' points out Mihir S Sharma.
India should watch the emergence of the situation and then see how others react, he said adding that Russia has stood by India in very difficult times.
The UK government has taken the unusual step of making a formal statement to warn of a Russian plot to install a pro-Kremlin leader in Ukraine amid growing tensions in the region.
Exports to India support 180,000 US jobs.
Referring to how unified Washington Allies have been in isolating President Putin, Biden stated, "...The Quad is, with the possible exception of India being somewhat shaky on some of this, but Japan has been extremely strong -- so has Australia -- in terms of dealing with Putin's aggression."
External Affairs Minister Sushma Swaraj and her American counterpart Mike Pompeo have agreed to reschedule the postponed '2+2 dialogue'.
Putin's idea was to attack his neighbouring country, he has to stop and then only we can find a solution, said the German ambassador.
'Saudi Arabia's standing internationally and in the West is going to take a big hit even if MBS is dethroned.'
'A lot of people,' says India's Ambassador to the US, 'are struggling how to define this relationship.' Aziz Haniffa/Rediff.com reports from Washington, DC.
Special envoys of China, Russia and Pakistan have met the top officials of the Taliban's interim government as well as Afghan leaders Hamid Karzai and Abdullah Abdullah in Kabul and discussed the formation of an inclusive government, combating terrorism and humanitarian situation, a top Chinese official said on Wednesday.
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