'Look East' policy was first coined by the Narasimha Rao government in the 1990s and has been followed by the successive governments.
India has undertaken a number of structural reforms.
Prime Minister Narendra Modi and Chinese President Xi Jinping have agreed to make efforts to put India-China ties in the "right direction" and to "respect and accommodate" each other's concerns to avoid "impedance" relations, a top Chinese diplomat said on Tuesday.
'Modi's finest political legacy ought to be a border settlement with Beijing,' asserts Ambassador M K Bhadrakumar.
'It will be a repeated folly to ever think that China will not attack us.'
It is the first meeting between the two leaders after India boycotted the high-profile Belt and Road Forum.
India and China on Monday admitted to intrusion by Chinese herdsmen into Ladakh last week but both the sides sought to play it down saying the issue was resolved amicably through a flag meeting.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.
'When Modi was having his maiden meeting with Donald Trump, China is up to its old tricks again, by causing a distraction on the Doklam plateau,' says B S Raghavan, the distinguished civil servant.
It seems China is ready to cooperate with India in the central Asian region through the SCO framework, the reasons for which are manifold, says Sana Hashmi.
An MoU on sharing hydrological information of the Brahmaputra River by China to India and another pact on amendment of the protocol on phytosanitary requirements for exporting rice from India to China to include non-Basmati rice were signed after the Modi-Xi talks in the eastern Chinese port city.
The expulsion is likely to cloud India-China ties as Narendra Modi visits China for the G-20 Leaders Summit on September 4-5 and Xi Jinping is scheduled to be in Goa for the BRICS meeting on October 15-16.
China has not limited the 'battle' to the diplomatic field alone; the People's Liberation Army has become aggressive on the ground too. The recent 'fights' in Northern Sikkim and Ladakh are part of the pattern, asserts Claude Arpi.
Likening India to the "cleanest among the dirty shirts" left with a person towards the end of a business visit, a foreign fund house said the country presents enormous growth potential despite the "kind of mess" it has been in for many years.
'With Pakistan's 'first use doctrine' threatening the use of nuclear weapons early in a war with India, the S-400 will shield vulnerable targets like Delhi and Mumbai, complicating Pakistan's targeting calculations.'
Prime Minister Narendra Modi enjoys a close relationship with Shinzo Abe. For Abe, "a strong India is in the best interest of Japan, and a strong Japan is in the best interest of India."
He said China was exercising sovereignty in its own territory.
'Openness is a great weapon in the armoury of more open societies. That's why the fight with Pakistan isn't just about India be six times bigger, but equally bitter and insecure Pakistan,' argues Shekhar Gupta.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
A Chinese government newspaper accuses the Modi government of manipulating economic data to project the 'myth' that India has caught up with the US and surpassed China.
Natwar Singh's book is un-illuminating, largely self-justificatory, often contradictory, and at times tendentious. He is too preoccupied with depicting himself as a victim of the Congress party's machinations, says Praful Bidwai.
'India stands to gain immensely by forging a developmental partnership with China.' 'While through sustained strategic communication there is scope to steadily expand the commonality of interests between the two countries.' 'This is also a practical way to ensure that differences do not get over-magnified and become disputes,' says Ambassador M K Bhadrakumar.
Playing down recent border stand off in Ladakh ahead of Premier Li Keqiang's visit to India, China on Thursday said the two sides have the ability to prevent such issues from affecting overall growth of ties, while working "very hard" to find a solution at an "early date".
'My wife has done everything... She has had to give up a lot,' HRD Minister Prakash Javadekar tells Sahil Makkar.
As a consensus remains elusive on key economic policies like foreign investment norms, industry leader Deepak Parekh has said India's FDI policy is akin to 'inviting guests over to our house, but not opening the door'.
Prime Minister Narendra Modi's Nepal visit was an eye-opener for most Indians, as it appears as though the hard feelings of 17 years of neglect by Indian PMs has been overcome by this single, sincere visit, says Rajeev Srinivasan.
Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
Big ticket defence deals including purchase of missile systems, frigates and joint production of helicopters were sealed on Saturday.
Mukherjee said Prime Minister Narendra Nodi and Chinese President Xi Jinping Would be meeting soon on the margins of G-20 summit scheduled to be held in China later this year.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
The ecosystems of India and China today jostle against one another across Asia and much of the world.
'In the last one year, it looks like there were bad things that didn't take place, and there were good things that didn't take place,' says Rajeev Srinivasan.
'There will be some issues of contention, especially on H1B visa and on trade policy.'
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
It's a packed 5-nation, 9-day, visit for Prime Minister Modi as he heads to Uzbekistan, Kazakhstan, Kyrgyzstan, Turkmenistan and Tajikistan, apart from Ufa in Russia.
The 10-year UPA rule came under sharp attack in the BJP's National Council meeting in on Saturday, which unveiled the new government's future plans and policy prescription in domestic and foreign affairs arena in a political resolution, which hailed the "strong and able" leadership of Narendra Modi.
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