It has charted an ambitious target. Japanese premium sports goods giant Asics - which sells 75 per cent of its shoes in the country at over ~12,000 a pair - wants to be the No. 1 running shoe player in the $90-a-pair organised market in India, currently dominated by Nike, Adidas and Puma. To do so, it is making an aggressive push into Tier-II and Tier-III cities, where customers are ready to lap them up - as well as setting up company-owned stores in four to five locations across key metros.
'That way you're not hostage just to US sort of exports to India.'
President Trump addresses questions about US imports from Russia and India's stance on purchasing Russian oil, hinting at potential tariffs.
Prime Minister Narendra Modi has emphasized dialogue over discord in India's relationship with China, acknowledging natural differences between the two countries but stressing that stronger cooperation is essential for their mutual interests and global stability. In a podcast with Lex Fridman, Modi highlighted the ongoing efforts to restore normalcy along the border following the 2020 clashes, emphasizing the importance of a stable and cooperative relationship.
The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. In 2020, the government issued Press Note 3 under which investors from these land bordering countries have to mandatorily take prior approval of the government for making investments in any sector.
'New Delhi is not naive about its foreign policy choices.'
India has announced the resumption of tourist visas for Chinese nationals, signaling an effort to improve bilateral relations following border tensions.
Stressing that wars are "very bad", Trump said that he seems to have "an ability to end them, to get people together" for which he uses the "power of the United States".
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
'Immigrants have always been America's greatest strength, building prosperity, breakthroughs, and communities that enrich us all. Instead of embracing that strength, Trump is clamping down on every form of immigration, tearing families apart, destabilising businesses, and weakening our economy'
Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.
According to informed sources, Doval will arrive in Beijing on Tuesday to attend the crucial talks, which were expected to provide a way forward for the two countries to normalise the relations.
Satwiksairaj Rankireddy and Chirag Shetty registered a second successive runner-up finish, after they were beaten in the final of the China Masters.
The BJP flayed Gandhi for "echoing" Trump's "dead economy" jibe at India, calling it a "shameful" insult to the aspirations, achievements, and well-being of the people of the country.
The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
India has firmly rejected any involvement of a third party in its border dispute with China, declining an offer of mediation from US President Donald Trump. Foreign Secretary Vikram Misri emphasized India's commitment to resolving bilateral issues through direct dialogue, stating that New Delhi has always maintained a bilateral approach in dealing with such matters. This stance underscores India's position that the border dispute with China should be addressed through direct negotiations between the two countries.
India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The IMF released its World Economic Outlook (WEO) Update on Tuesday.
Trump signed three executive orders related to AI, including a White House action plan, an order that establishes a coordinated national effort to support the American AI industry by promoting the export of full-stack American AI technology packages.
'The petrol lobby is very rich and strong.'
Suruchi Singh claims No. 1 spot in ISSF women's 10m air pistol rankings
If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.
Former US National Security Advisor John Bolton says President Trump's personal relationship with Prime Minister Modi has deteriorated, potentially pushing India closer to Russia and China.
West Bengal Chief Minister Mamata Banerjee accused the BJP-led Union government of compromising India's prestige before foreign powers, alleging a 'dictatorial mindset' and attempts to turn West Bengal into a 'colony'.
Recently-retired Indian table tennis great A Sharath Kamal has given himself 11 years to produce the country's first Olympic medallist in the racket sport and German football club Borussia Dortmund could end up being his unlikely ally in pursuit of this path-breaking dream.
Lakshya Sen entered his first major final in two years after edging out Chinese Taipei's Chou Tien Chen in straight games, while the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty also stormed into the summit clash.
Dayawanti breaks Asian record but finishes fourth
Notably, Siachen is the highest battlefield of the world, which sits on the nuclear tri-junction of India, Pakistan and China.
'Prime minister is expected to hold some bilateral meetings on the sidelines of the SCO summit.'
'Just as we cannot surrender the interests of our farmers and dairy industry, Trump is also looking for markets for the produce of the farmers in the Midwest, which are his support base.'
India's junior team fought valiantly before suffering a narrow 104-110 defeat to former champions Japan in the quarter-finals of the Badminton Asia Junior Mixed Team Championships.
'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
'The people who were protesting and getting violent were all in the age group of 14-25.'
From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
The 2027 Census may cost a bit more due to the proposed use of apps and smartphones by the 3.4 million enumerators who will collect comprehensive data much more efficiently than in earlier times.
President Putin and Prime Minister Modi greeted each other with a warm hug, after which they walked towards the stage for a family photo of the SCO members.
United States President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their 'dead economies down together'.
The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said on Friday. He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.
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