'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'
The situation along the Line of Actual Control (LAC)in eastern Ladakh remained 'very fragile' and is 'quite dangerous' in military assessment because of close deployments of troops of both sides in some pockets though substantial progress has been made in the disengagement process in many areas, External Affairs Minister S Jaishankar said on Saturday.
A senior official of the Union water resources ministry said it was an unprecedented situation on the Chinese side where Tsangpo broke a 150-year record with swollen waters and hence China has shared the information with India.
With the Indian Army having blocked the PLA several kilometres inside India, hundreds of soldiers from both sides remain in a tense face-off.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.
President Pranab's four-day visit to China that saw him meeting the top Chinese leadership and discussing the sticky boundary issue and cooperation in combating terrorism besides the need for a predictable nuclear regime.
"The reservoir capacity of the project is less than 0.02 per cent of the average annual runoff of the Yarlung Zangbo-Brahmaputra. It cannot have an adverse impact on the downstream," Chinese foreign ministry said to a question on concerns over the dam.
Chinese leaders may well respond to challenges with heightened rhetoric.
With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.
India on Wednesday delivered a strong message to China that the 'unprecedented' incident in the Galwan Valley will have a 'serious impact' on the bilateral relationship and held the 'pre-meditated' action by Chinese army directly responsible for the violence that left 20 Indian Army personnel dead.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
'However, a lot of preparatory work would have to go in and China must be prepared to announce an end to the standoff by disengaging from the remaining areas along the LAC.'
'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.
The destabilising and corrosive behaviour of the Chinese Community Party in the Indo-Pacific region is simply not helpful and some of the defence infrastructure that is being set up by China near its border with India is alarming, US Army's Pacific Commanding General Charles A Flynn said on Wednesday.
Since 55 per cent of Indian trade passes through the South China Sea, and with over $5 billion investments in the energy sector in Vietnam, it is imperative India actively pursues its national interests in the region, says Srikanth Kondapalli.
Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.
The 2800 kilometer rail route could be a critical component for the Bangladesh-China-India-Myanmar corridor that seeks cross border trade and flow of people
US crude was down 25 cents at $52.08.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
In June alone, property investment was up only 3.5 per cent from a year ago.
The incident occurred on March 8 when a platoon of at least 11 PLA men led by a colonel-rank officer crossed over the imaginary LAC.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
China's economy grew 6.7 percent in the second quarter from a year earlier.
This project is part of $46 billion China-Pakistan Economic Corridor (CPEC) package and is covered under the CPEC Framework Agreement.
The external environment has worsened further. While the Finnish economy entered into a recession, Swedish economic growth also dipped. The Finnish gross domestic product (GDP) dropped 0.6 per cent in October-December, 2022. It was the second quarter of negative growth, which is a technical definition of recession.
China's domestic debt is a major concern.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
The Shanghai Cooperation Organisation (SCO) will hold its first in-person summit in Samarkand in Uzbekistan on Thursday after two years, shaking off Covid fears and providing a rare opportunity for all its eight heads of state to meet on the sidelines of the event to have face-to-face talks on pressing global and regional issues of common concern.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
The analysis is based on the free-float market capitalisation.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
The NCRTC, which is executing the country's first RRTS, said the contract was awarded following the set procedure and guidelines.
'It is certainly time for New Delhi to open up. Not only should it go ahead at full steam with the roads to the LAC, but the government must also allow tourists to visit these stunningly beautiful areas of Indian territory.'
'With the recent challenging of the notion of the Indian Ocean Region being India's strategic backyard, China is gradually upping the ante in the maritime realm around India.'
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Investors with high risk appetite must stay invested while risk-averse investors can consider profit booking.
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
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