The prime interest rate levels have hit 'record lows' and fiscal deficits 'have soared', is the sobering analysis of Zhou Xiaochuan, Governor of the People's Bank of China, on the global economy.
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 nation has the fifth largest defence budget in the world, at $52.5 billion in 2017 ($51.1 billion in 2016), overtaking the UK whose defence budget fell from $52.5 billion in 2016 to $50.7 billion in 2017.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
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.
India attracted $1.4 billion FIIs in November, says a report by HSBC.
Politicians are supposed to get into the business to change the world around them. But it seems Gandhi got into the business to help keep a party running, says Mihir S Sharma
While we are prepared to help the Chinese catch up with us in IT, they are not prepared to help us catch up with them in the engineering sector. They consider us rivals.
It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
He said the 2 countries have handled border issues in the past.
How should sophisticated countries deal with others that have a huge body but a small brain?
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
COVID-19 is on the verge of becoming endemic but Indian scientists are keeping a close watch on each new variant and the government would continue to maintain a high alert, Union health minister Mansukh Mandaviya has said, underlining that the virus has managed to survive and is going to stay.
India's move to opt for Japanese bullet trains on the Mumbai-Ahmedabad route had raised concerns in China which is competing with Japan to build high-speed rail networks in India.
The impact of AI automation in India is the lowest.
Never mind work-life balance: this generation spends more time on the job than ever before.
Gen Kenneth S Wilsbach, commander of the US Pacific Air Forces, said the US side held the interaction behind closed doors with most of the air chiefs of the region.
Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.
India's exports contracted 12.2 per cent to $34.48 billion in December 2022, mainly due to global headwinds, and the trade deficit widened to $23.76 billion during the same period, according to official data released on Monday. Imports in December 2022 also declined 3.5 per cent to $58.24 billion as against $60.33 billion in the year-ago period. In December 2021, exports stood at $39.27 billion and the trade deficit was at $21.06 billion.
Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.
Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting Countries (OPEC) nations, mainly in the Middle East and Africa, had a 72 per cent share of all crude oil India imported in April 2022. This share slid to 46 per cent in April 2023, according to energy cargo tracker Vortexa.
The Indian Space Research Organisation (ISRO) on Monday successfully launched a second generation navigation satellite, using a GSLV rocket with a cryogenic upper stage to do the job.
India must evolve its own standards on how democracy must be ranked in a diverse and multi-religious, multi-ethnic, multi-lingual and pluralistic idea called India, suggests R Jagannathan.
The US Customs and Border Protection (CBP), ahead of the holiday shopping season, warned consumers to be extra diligent while shopping online for children's toys after the recent seizure of toys that were coated in unsafe levels of lead, cadmium and barium.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
'When I was toying with 10 different ideas, my father was diagnosed with lung fibrosis and his condition deteriorated so badly that we lost him in six months. He was very unsatisfied with the lack of proper diagnosis.' 'It made me think will anyone do a biopsy if there is no symptom? Why is it that we do not have any non-invasive diagnostic method?' 'This idea was the strongest out of the ten, and with Snahlata Singh with her cancer biology background joining me, the idea got a real boost.'
'Countries like Israel said openly that they will hunt people down. We have no such policy.' 'We have always been following the legal process of getting them (people wanted by India) through extradition.'
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier. But the purchases appear to have plateaued as growth has slowed. Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India imported, according to energy cargo tracker Vortexa.
Lander Module of Chandrayaan-3 spacecraft comprising the lander and rover has successfully separated from the Propulsion Module, Indian Space Research Organisation said on Thursday.
Prime Minister Narendra Modi said on Sunday said he views the current situation in Ukraine as an issue of humanity and human values and not of politics or economy even as he called for respecting international law, sovereignty and territorial integrity of all nations.
The report Air Quality and Health in Cities combined ground-based air quality data with satellites and models to produce air quality estimates for cities around the world.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
'It needed political courage on the part of the prime minister to make such an intervention at the present juncture when the hawkish opinion rules the roost in the Indian foreign-policy discourses in our media, and, unfortunately, the sane voices have largely fallen silent,' says Ambassador M K Bhadrakumar.
The March 2020 lockdown did not stop the spread of infection (as it triggered a huge reverse migration from cities), but it did help to flatten the curve and gave time to scale up health infrastructure.
'China is where the action is, and from where new ideas ('String of Pearls', 'One Belt, One Road') emanate.' 'The Belt-and-Road initiative alone is unmatched in its sweeping dimensions,' says B S Raghavan.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
China's major economic problem has been that its heartland is an agricultural region with about one-third of the arable land per person as the rest of the world.
China's Tianhe-2 supercomputer was named the world's fastest for the fifth time on Monday, outperforming those from the US.
The first study used spatial analysis to show that the earliest known COVID-19 cases, diagnosed in December 2019, were centered on the Wuhan market.
