'The muscularity of the last three years didn't bring any dividends and if anything, Chinese attitudes only hardened,' says Ambassador M K Bhadrakumar.
Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.
'Information about the Dalai Lama's heath is normally not shared with the public. Its release on this occasion implicitly underscores the message that the window of opportunity for Beijing to recommence the dialogue with the Dalai Lama -- an advocate of non-violence -- to resolve the contentious Tibetan issue is limited.' says Jayadeva Ranade.
Overall, the People's Liberation Army Air Force (PLAAF) has focused on building ground-based air defense networks and network-centric operations rather than trying to match the Indian Air Force (IAF) in terms of straight fighter numbers along the border. All air assets fall under the Western Theater Command of the PLA, the largest geographic region of China's five military theater commands.
Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.
'There are major implications for India. Though there was a transparently thin attempt to project the troop reduction as intended to promote peace, the downsizing is actually part of plans to streamline and strengthen the PLA, capable of defending China's national interests at home and abroad,' says Jayadev Ranade.
'By not even acknowledging China's occupation of Indian territory Modi signalled to Beijing that he was not prepared to used forceful means to vacate the Chinese occupation, and that his government was reconciled to this loss of territory and accepted the fait accompli engineered by the PLA.'
In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.
A report published in British journal The Lancet reckons India's working population will surpass China's in the mid-2020s.
The Chinese Communist Party's all important 19th Party Congress is just months away, and President Xi Jinping finds himself confronting unlikely challenges to his pre-eminent position, says former RA&W officer and China watcher Jayadeva Ranade.
A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody's Analytics said on Thursday. In its analysis titled 'APAC Outlook: A Coming Downshift', Moody's said India is headed for slower growth next year more in line with its long-term potential. On the upside, inward investment and productivity gains in technology as well as in agriculture could accelerate growth.
'The supreme art of war is to subdue the enemy without fighting.' Former RA&W official Jayadeva Ranade explains what China's military reforms mean for the world.
The "caution level" among the troops has also been raised.
The spending on a typical RT-PCR test would take up 23 per cent of the monthly income of an average Indian, compared to 2 per cent in China. This is one of the deepest cuts in the pocket of an individual, in comparison to 14 other countries, reports Abhishek Waghmare.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
'The logical step is to challenge the very legitimacy of the Chinese claim over Tibet,' recommends Inspector General Gurdip Singh Uban (retd).
Former Indian foreign secretary Shyam Saran, while delivering the Second Annual K Subrahmanyam Memorial Lecture, speaks on what India needs to know about China's world view. The first of a two part series
In contrast, the dominant manufacturing superpowers of the late 20th century are expected to become less competitive.
The overall confirmed cases on the mainland have reached 81,708 by Sunday, including 1,299 patients still being treated, 77,078 patients discharged after recovery, and 3,331 people died of the disease.
The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels. The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy.
Chinese nuclearisation of Tibet endangering ecosystem, says new book
The study, 'Trade and trade diversion effects of United States tariffs on China', shows that the ongoing US-China trade war has resulted in a sharp decline in bilateral trade, higher prices for consumers and trade diversion effects -- increased imports from countries not directly involved in the trade war.
A healthy growth in India's services segments has helped the country's total exports and imports of goods and services to cross the $800 billion mark during the first half of 2023, despite a slowdown in global demand, think tank GTRI said in a report on Monday. According to the analysis of the Global Trade Research Initiative (GTRI), exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022. Imports, however, dipped by 5.9 per cent to $415.5 billion during the six months of this year, as against $441.7 billion in January-June 2022.
Amid the funding winter, 128 Indian startups have raised over $995 million (around Rs 8,000 crore) venture capital funding in August, GlobalData said on Thursday. The funds raised in August are 9.7 per cent more than that in the previous month, the data and analytics company said in a statement. Aurojyoti Bose, Lead Analyst at GlobalData, said: "Although the total VC funding amount still remains below $1 billion akin to July, August managed to reverse the decline in fundraising, despite a 2.3 per cent fall in deal volume."
'The intrusion in Chumar, during and beyond the Chinese president's visit, is unprecedented and has qualitatively changed the tone of the India-China relationship,' says Jayadeva Ranade, a member of the National Security Advisory Board.
Wang Junzheng, Tibet's new Communist party boss, is on a number of sanctions lists by the US, Britain, the EU and Canada, for his tough role in Xinjiang, aimed at China's Uyghur ethnic minority, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
An outbreak of a pneumonia-like illness that started in the city of Wuhan in China has put health authorities on high alert around the world. The new coronavirus-named 2019-nCoV-is thought to have originated in the food market of the central China metropolis and has since infected more than 4,000 people worldwide.
'India's manufacturing will take 10-15 years to catch up with China.'
Indian aluminium producers are one of the lowest cost producers in the world, which is a significant advantage.
Wang Guangfa, a respiratory expert from Peking University First Hospital, warned that Beijing may experience a spike in severe COVID-19 cases over the next fortnight.
As scientists at the Indian Space Research Organisation (ISRO) gear up for the much-awaited soft landing of the Chandrayaan-3 spacecraft on the Moon's surface, the space agency may postpone the touchdown to August 27 in the event that health parameters of the lander module are found to be "abnormal", a senior official has said.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
India and China should address each other's 'concerns and sensitivities' on issues impinging security and well being, External Affairs Minister S M Krishna said on Monday. He also said that a hotline between the two prime ministers will also become operational soon. "As rising powers, India and China are projected to have a competitive relationship in the final analysis. It is up to us to disapprove such a scenario by presenting examples of a concrete partnership," he said.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
If there is another military conflict between India and China, it is not going to be a replication of the 1962 war, warns B Raman
'Do not travel to India due to COVID-19. Exercise increased caution in India due to crime and terrorism'
The 'China model' will command less respect in India, which could help improve policy formulation.
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.
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