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'The missile mounted near Kailash-Mansarovar is called DF-21. It is a medium-range, 2,200 kilometres ballistic missile. Its advantage is that it can cover all cities of north India, including New Delhi'
The Indian side forcefully pressed for early resolution of the standoff and particularly insisted on expeditious disengagement in Hot Springs and Gogra, a source said.
Companies are ranked by total revenues.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
'...to bring the Global South and others to the negotiating table on the basis of Gandhi's non-violence so that we can leave a safer world for our children.'
Jaishankar noted that it would be difficult to say what will happen in the future as there are a lot of "contradictions and frictions" out there today.
The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.
Moody's Investors Service on Thursday slashed India's economic growth projection to 8.8 per cent for 2022 from 9.1 per cent earlier, citing high inflation. In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year. However, the rise in crude oil, food and fertilizer prices will weigh on household finances and spending in the months ahead.
The Government of India amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security, an official statement said.
'While we may aspire to be a democratic if smaller version of China, we may only manage to become a larger, more accomplished Indonesia,' says T N Ninan.
Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.
China's malfunctioning stock markets remained semi-frozen.
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'
The last time the Chinese military had taken Indian soldiers captive was in July 1962 after a clash in Galwan Valley.
'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'
The new government needs to clearly insist on diplomatic reciprocal arrangements with China. While reciprocity is a function of power in bilateral relations, the Modi-led government's responses should be based on India'S inherent strengths, says China expert Srikanth Kondapalli.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
By 2015, it expects, the growth rate of China would be 7.9 per cent and that of India 7 per cent.
Foreign portfolio investors (FPIs) turned net buyers in October after being net sellers in the previous month. In October, FPIs bought shares worth nearly Rs 8,430 crore ($1 billion) against net selling of Rs 13,405 crore ($1.6 billion) in September. Positive flows during three of the previous four months have pushed the domestic markets towards fresh all-time highs. At present, the Sensex and Nifty are less than 2 per cent shy of breaching record highs logged in October 2021. A rally in equity markets in the US and Europe is in hopes that the Federal Reserve may go soft on rate hikes after its November meeting.
The CSI300 of the leading Shanghai and Shenzhen A-share listings has lost almost 11 per cent this week.
After 2014, our growth has been average of around 5%. If this continues, we will remain here like Egypt, Brazil, South Africa and Bangladesh, points out Aakar Patel.
Jain was the architect of Deutsche's investment banking business and placed one of his former trading heads, Alan Cloete, in Hong Kong as co-CEO for Asia Pacific in 2012.
Sources said the Indian troops resolutely confronted the Chinese PLA soldiers.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
'For the common man, the economic conditions are not going to get better.'
The US on Friday issued orders to ban popular Chinese social media apps TikTok and WeChat from Sunday to safeguard national security, weeks after India banned them, saying they were prejudicial to sovereignty, integrity and security of the country.
The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.
WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.
'Listing Masood Azhar as a 'global terrorist' was done with Islamabad and Imran Khan's concurrence.' 'It was not prompted by the so-called 'Wuhan spirit'.' 'The relationship between the two 'iron brothers' has not been dented,' points out former RA&W officer and China expert Jayadeva Ranade.
The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March 31, 2022 as the onset of a severe second COVID-19 wave cut into recovery momentum. This forecast for 2021-22 is lower than the 12.5 per cent growth in GDP that IMF had projected in April before the second wave took a grip. For 2022-23, IMF expects economic growth of 8.5 per cent, larger than the 6.9 per cent it had projected in April.
'Given the worries about sluggish growth, rising interest rates and likely volatility, it's quite logical to infer that the SIP route could be the preferred way of investing.'
At a media briefing, External Affairs Ministry Spokesperson Arindam Bagchi said India monitors such developments.
The Indian Army on Friday strongly insisted on early disengagement of troops by China from all the friction points in eastern Ladakh at the eighth round of corps commander-level talks between the two sides that primarily focused on a roadmap for restoration of peace and tranquillity in the region, according to people familiar with the developments.
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