India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third, the Netherlands has retained its fourth place and Singapore has slipped to the fifth place (from first in 2020). At eighth, Taiwan reached the top-10 for the first time since the ranking began 33 years ago (moving up from 11th last year).
India and China on Monday ended their standoff in Dokalam by withdrawing their troops from the area, just days before Prime Minister Narendra Modi's visit to China to attend the BRICS summit next week.
Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.
John Chambers said India may become top BRICS nation under Modi
Expressing the government's desire to bring BCCI under the ambit of the RTI Act, Sports Minister Sarbananda Sonowal today reiterated the centre's stance following the Supreme Court ruling that the private cricketing body performs a public function and is amenable to judicial law and review.
Indian investors wanting to participate in the economic growth of countries like Brazil Russia, China and South Africa can now do so with ease.
'If the Chinese were keen to mend fences with India, they would merely have to withdraw their troops in Eastern Ladakh.' 'They have not done so and they have not said that they will do so.'
From United States President Donald Trump and Russian President Vladimir Putin, Modi met them all.
For the first time, an Indian university has made it to the top 15 of the Times Higher Education University Rankings.
Modi held several bilateral and trilateral meetings with world leaders.
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
The prime minister, accompanied by senior officials including National Security Advisor Ajit Doval and Foreign Secretary S Jaishankar, met the Chinese leader just before his travel to Myanmar from this port city.
Addressing the BRICS investment seminar in Mumbai ahead of the 5-nation Summit in Goa on October 15-16, Jaitley said the government has put FDI on automatic route in almost 90 per cent of the areas that are eligible for foreign direct capital.
"Had a wonderful meeting with President U Htin Kyaw," Modi tweeted along with some pictures of the meeting.
'The crux of the matter is that our narrative lacks credibility with world capitals,' argues Ambassador M K Bhadrakumar.
India could not achieve its full potential owing to "misgovernance", while BRIC countries progressed rapidly in the last decade, Gujarat Chief Minister Narendra Modi said on Monday.
He also offered India's experiences of participative political institutions, local governance, media and civil society with Africa.
Echoing the position articulated by Prime Minister Manmohan Singh, China and Russia on Thursday warned that imminent withdrawal of fiscal stimulus by the US could have an adverse impact on the global economy and cautioned the Obama administration against it.
The group was indirectly referring to Pakistan PM Nawaz Sharif calling slain Hizbul terrorist Burhan a martyr.
As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.
Sheela Bhatt who traveled with Prime Minister Manmohan Singh to the BRICS summit in Durban, reports on what transpired during Dr Singh's first meeting with China's new leader Xi Jinping.
A senior government source explains to Rediff.com's Sheela Bhatt why India cannot pre-judge a rivalry with China.
'I was a bit startled when our host spoke with such force and at such great length about Terrorism.' 'Where did that come from?' 'He kept insisting that it comes from across the border.' 'I could not remember who all are across India's borders and was looking puzzled, but Zuma who understood my predicament, whispered "Pakistan".'
While Norway tops the list, India's ranking is the lowest among BRICS economies
India looks forward to the meet between Prime Minister Dr Manmohan Singh and Chinese premier Xi Jinping's in Durban on March 27 on the sidelines of the BRICS summit. The next week is important for Sino- India bilateral relations, says Sheela Bhatt.
After two decades, the SCO appears to be at a cross-roads with the US withdrawal from Afghanistan, asserts Srikanth Kondapalli, the leading China expert.
BRIC economies improved slightly on the previous quarter.
'The only choice we have is to strengthen ourselves militarily and economically and develop friendships with others without alarming our neighbours, says Ambassador T P Sreenivasan.
World's first "rock star" economist, he coined the popular term "BRIC"
During his meeting with Bolsonaro, Prime Minister Modi invited the President of Brazil to be the chief guest at the Republic Day 2020. Bolsonaro accepted the invitation with pleasure.
India insisted that PM Modi and Chinese President Xi Jinping held "conversation on range of issues" in Hamburg.
According to the details provided by Muraleedharan, the prime minister made five visits each to the United States, Russia and China, and multiple trips to some other countries like Singapore, Germany, France, Sri Lanka and the United Arab Emirates.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
This is more than 25 per cent higher as compared to the same period of the previous year when the prime minister had 78 domestic engagements.
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.
China is ready to take "conciliatory steps" in order to avoid new violations of the obligations on the India-Chinese border, Chinese Foreign Minister Wang Yi said on Friday, a day after holding a crucial meeting with External Affairs Minister S Jaishankar over the current standoff in Ladakh. Speaking during a joint press conference with Russian Foreign Minister Sergey Lavrov, Wang said troops and equipment should be withdrawn from the Line of Actual Control (LAC).
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.
'India needs to closely monitor the discussions at the UNSC and make counter-measures as this touches its core interests', points out Srikanth Kondapalli.
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.
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.
