President Rouhani will be accorded a ceremonial reception on February 17. He will call on President Ram Nath Kovind and Prime Minister Modi.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
According to the Grant Thornton International Business Report, 45 per cent of businesses in the BRIC countries (Brazil, Russia, India and China) plan to increase investment in research and development over the next year, compared to just 18 per cent in the G7.
India increased its exposure to American government securities to $59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.
China's Ambassador to India Luo Zhaohui said the event was just the first step in Sino-India cooperation on Afghanistan and collaboration will deepen in future.
Citing economic slowdown and political roadblocks to policy-making, rating agency S&P on Monday warned India could become the first BRIC nation to lose investment-grade rating.
India has told China not to "shift goalposts" and "confuse" managing the border affairs and restoring peace at the frontiers with the larger issue of the resolution of the boundary question, which is dealt with by different designated mechanisms.
Holding that the situation in Tibet continues to deteriorate, Tibetan Parliament-in-Exile on Wednesday urged visiting Chinese President Hu Jintao to withdraw large reinforcement of military from the region and asked the BRICs leaders to raise the Tibet issue with him.
Modi, who came to Hangzhou from his first visit to Vietnam, met Xi and held talks on a host of issues including bilateral tensions between the two countries over a raft issues.
'Pleasure to meet FM Sergey Lavrov, this time in person. Excellent talks that reflect our Special and Privileged Strategic Partnership. Value our exchanges on the international situation,' Jaishankar tweeted after talks with his Russian counterpart on the sidelines of the SCO meeting.
Prime Minister Narendra Modi on Monday left for home after wrapping up his eight-day whirlwind tour of five Central Asian countries and Russia during which ties with these nations were strengthened and India was accepted as a full member of the SCO.
Terrorism can be contained only with strong public support, Prime Minister Narendra Modi has said while appreciating the "template" set by the Bangladesh government in this regard after the terror attack in Dhaka in July.
'Russian diplomacy is presumably at work.' 'The ground is slippery, because "territorial sovereignty" is a hugely sensitive issue,' says Ambassador M K Bhadrakumar.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
'We will have to convince the world that Pakistan has nothing to do with the terrorism,' Asif said.
Atherstone Capital Markets has come up with India IPO Index, which is an index of companies listed on the stock exchanges.
'No one seems to have looked at the extent of money that is being borrowed by individuals, and the rising levels of household debt.' 'At their present rates of growth, personal loans in India could well become the largest category of bank credit in just two or three years,' cautions T N Ninan.
"The basic idea is that India would like to continue to be the most beautiful woman wooed by all men, notably the two strongest in the house, US and China," the article titled 'Indo-US strategic distrust stalls LSA signing'.
'India poised to be world's 3rd largest economy', says Jim O'Neill who is better known for coining the acronym BRIC.
Prime Minister Manmohan Singh on Friday left for Kazakhstan, completing his three-day stay in Sanya during which he attended the BRICS Summit and held bilateral talks with the presidents of China, Brazil, Russia and South Africa.
India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).
Delhi held out "veiled threats' to China over visa issue.
Growth is driven more by Internet services exports than the local consumption.
India is ranked lower than all its BRICS peers -- Russia, China, Brazil and South Africa
The year will coincide with the 75th year of its Independence.
Russian President Vladimir Putin and President of Brazil Dilma Rousseff on Friday called Prime Minister-designate Narendra Modi to congratulate him on his landslide win in the Lok Sabha polls and said they were looking forward to meet him in the BRICS summit in July.
BRICS should reinforce the actions of G-20 for creating a new world order. It will also be a good idea to attempt to get Security Council replaced by the G-20, says C M A Nayar.
India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.
The total value of assets held by India's financial institutions touched nearly $2.8 trillion, the third largest among BRICS nations, in 2013.
Prime Minister Narendra Modi on Wednesday gifted Kazakh President Nursultan Nazarbayev a set of books relating to religions born in India.
In the first quarter of 2016, India's credit-to-GDP gap stood at -2.9, the lowest among the BRIC group of nations
The finance minister is in Singapore for The Singapore Summit.
The V-shaped rebound has been aided by a gush of liquidity flooding the global financial system, thanks to balance sheet expansion.
In a study titled Internet's New Billion, the Boston Consulting Group said Brazil, Russia, India, China and Indonesia will have more than 1.2 billion Internet users by 2015 -- well over three times the number of Internet users in Japan and the US combined. In 2009, the BRICI countries had some 610 million Internet users.
In India, 39 per cent of the sample of a survey said 'very comfortable' for a woman heading the government, higher than 34 per cent who replied with 'very comfortable' for a woman heading a company. However, men are less accepting of such appointments.
'One lesson to emerge out of the Modi-Putin summit is that India can be more self-confident that it possesses inherent strengths to leverage its interlocutors to influence Pakistani policies,' says Ambassador M K Bhadrakumar.
If China's behaviour in the past on ticklish issues is any indication then China could eventually support India's NSG application, says Rup Narayan Das.
Shringla said that diplomacy is looking at a very changed scenario in terms of how statecraft and relations between countries work in the wake of the pandemic.
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