Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same period in the last year. According to data sourced from Bloomberg, Indian companies reported deal value worth $23.5 billion between January and March 22, 2023. Data Infrastructure Trust's acquisition of American Tower Corporation's India telecom towers business for $2.5 billion was the top deal for the ongoing quarter so far, followed by the Highway Infrastructure Trust's acquisition of PNC Infratech's road projects for $1.08 billion.
Indian Armed forces will leave no stone unturned to safeguard the country's frontiers, he insisted.
China's white paper on Asia-Pacific security cooperation extends an olive branch to India. It mentions India 15 times -- a record in all Chinese white papers issued so far. New Delhi's response will need to be carefully calibrated, says China expert Srikanth Kondapalli.
A cargo ship missing for a week with 14 crew members, including Indians, is feared to have been hijacked in the piracy-prone South China Sea, prompting Malaysian maritime authorities to launch a search on Thursday.
India will not join Japan's efforts to build a strategic counterweight against China along with the United States as it follows an independent foreign policy, the Chinese state media said on Tuesday, ahead of Prime Minister Narendra Modi's maiden visit to the US.
A wide spectrum of drills including surface and anti-aircraft drills, helicopter operations, maneuvers and cross-deck flying was carried out for the second consecutive day as part of the 11th edition of the biennial Indo-Russian exercise Indra Navy.
China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on Tuesday, but declined to reveal details of talks with Colombo leading to the bankrupt island's government reversing its earlier stand to defer the high-tech vessel's entry.
In the confrontation in Doklam, where Indian and Chinese soldiers were lined up eyeball-to-eyeball, senior Indian commanders recount they could sense the uncertainty in the Chinese. While Indian soldiers had to be restrained from pushing the Chinese troops back, our chief interpreter heard the Chinese officers threatening to open fire on PLA soldiers who wavered or withdrew, reveals Ajai Shukla.
'Shark fins are the most sought-after shark product.'
The sources said the military brass is considering deploying Indian Navy's MiG-29K fighter jets in a couple of air bases in the northern sector as part of efforts to bring in tri-services synergy in dealing with national security challenges.
For the January-May period this year, the foreign direct investment, which excludes investment in the financial sector, came in at $48.9 billion up 2.8 per cent from the same period last year, the Ministry of Commerce said on Tuesday.
Chinese Foreign Minister Wang Yi will be visiting New Delhi on Sunday as a special envoy of President Xi Jinping to establish political contacts with the new Indian government amid hopes here of an upswing in bilateral ties due to Prime Minister Narendra Modi's familiarity with China.
An exclusive white paper by the Jamestown Foundation claims that the powerful figures arraigned against the President include former Vice-President Zeng Qinghong and current Vice-President Wang Qishan, The Hong Kong Post reported.
'The numbers of troops on both sides are enormous.' 'They are about 50,000-60,000 soldiers facing each other in that sector -- that's about the total number of troops that both sides had in the 1962 War in all sectors.'
On Thursday, in his first interview with the local media since assuming office, Muizzu said India was instrumental in providing aid to the Maldives and has implemented the "greatest number" of projects.
The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.
The J-20 fighter is called Beijing's answer to the US F-22 stealth fighter and the F-35 that will be soon deployed in the Pacific by the United States and Japan.
The Philippines, confronted with Chinese bullying in the South China Sea, have become the first foreign military to order the shore-based, anti-ship cruise missile.
In a strong message to China, India and ASEAN on Thursday called for a "full and effective" implementation of the understanding between the parties involved in the South China Sea dispute, while stressing on maritime security and freedom of navigation in the critical sea lanes.
The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
'No one knows Pak and understands Pak better than China,' Chinese Foreign Minister Wang Yi said.
In a veiled reference to China's aggressive military behaviour, Defence Minister Rajnath Singh on Thursday said exercising self-restraint in the conduct of activities and avoiding actions that may further complicate situation will go a long way in bringing sustained regional peace.
'Trump's stated strong stance against Islamist extremism and terrorism could play into the Indo-US relationship.' 'It could mould US attitude and exert pressure on Pakistan.' 'In the event of US military presence in Afghanistan increasing, however, Pakistan could gain an opportunity to again emphasise its importance.'
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
Avoidable unpleasantness has recently crept into India-China relations over issues, which should not have been overdramatised by China thereby injecting a certain distrust into the relations which had been progressing well despite continuing differences over the border dispute between the two countries.
'It is an unpleasant fact of history that stronger nations dominate the power play and the only way it can be mitigated is through recourse to diplomacy,' says Ambassador M K Bhadrakumar.
Muizzu's announcement also comes days after a Chinese research vessel spent about a week around Male and more than a month just outside Maldives' EEZ.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
India has voiced its strong opposition to China's Belt and Road Initiative and its flagship project -- the CPEC -- at the just concluded second UN Sustainable Transport Conference where the Indian diplomat's mike curiously went silent while she was highlighting New Delhi's objection to the controversial projects.
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
It is the first warship to have been named after a city from the Northeastern region, the approval for which was accorded by the President in April 2019.
The defence ministry said the test-flight was carried out on Wednesday evening and it met all the trial objectives, validating the reliable performance, as confirmed from the data captured by a number of range sensors deployed at different locations.
Seven Chinese warships, including two destroyers, were sighted on Tuesday in waters off a Japanese island, according to the defence ministry, as tension mounted between the two Asian giants over territorial disputes. The naval ships passed the contiguous zone, a band of water just outside Japan's territorial waters, which are governed by international maritime law.
Some bold measures from Chinese Defence Minister General Liang Guanglie and his Indian counterpart A K Antony are essential to make the former's visit successful, notes Srikanth Kondapalli.
With Modi's visit, New Delhi hopes there will be breakthroughs in many aspects, especially business and trade, security cooperation and nuclear issues.
China's strong manufacturing base and India's software and scientific skills had massive potential both as a production base and for creating a consumer market.
In gifting the submarine to Myanmar, India is competing with China for influence in the region.
It's a man-made marvel! After several delays and budget overruns, the Hong Kong-Zhuhai-Macau bridge was officially opened on Tuesday, marking the completion of the longest sea-crossing bridge ever built, nine years after construction began. Here's everything you needed to know about this bridge of steel.
