'Pakistan is no longer a front-burner issue for America.'
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.
Sharif said that the US president had shown beyond any doubt that "he is a man for peace... and beneficial business deals".
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
Herman Jansen continues to see India as a strategically-important emerging market despite selling the global rights for Maison House and Savoy Club brands from UTO Asia to Allied Blenders and Distillers (ABD). Herman will focus on growing its European and South East Asian market, Diederik Jansen, chief executive officer and seventh-generation owner of Herman Jansen, which has been producing spirits since 1777, told Business Standard.
'If ever India loses its patience after repeated terror attacks and decides to retaliate against the terrorist camps, Pakistan may term that a conventional military attack and invoke the nuclear option. This is a way to continue with terrorism without retaliation.'
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'
Newly appointed Assam Congress chief Gaurav Gogoi has denied allegations of having links to the Pakistani establishment, calling the claims made by the BJP a "C-grade Bollywood movie" that will "flop miserably." Gogoi said he had only visited Pakistan once 12 years ago with his wife, who was working on an international project focused on climate change. He questioned why the BJP government had not acted on the allegations in the past 11 years if there was any wrongdoing. Assam Chief Minister Himanta Biswa Sarma, who made the initial allegations, said he would release further evidence on September 10 after a Special Investigation Team (SIT) completes its inquiry.
India will drive growth in the Asia-Pacific (Apac) region as the growth engine is likely to shift from China to South and Southeast Asia in the coming years, S&P Global Ratings said in a report on Tuesday. The rating agency's report projected China's growth to slow down to 4.6 per cent by 2026 from an estimated 5.4 per cent in 2023. India is likely to clock 7 per cent economic growth from 6.4 per cent estimated for 2023.
The United States announced a 25 per cent tariff on India as the White House released an expansive list of duties that Washington, DC will impose on exports from countries around the world.
"It is shocking to note that Turkey, the second-largest arms supplier to Pakistan after China, has played a key role in modernising Pakistan's navy and enhancing its aerial warfare capabilities. "This defence collaboration is not just commercial; it is ideological, targeting the stability of South Asia and emboldening Pakistan's military adventurism," SJM national co-convenor Ashwini Mahajan said in a statement.
India has reached out to key global powers, including members of the UN Security Council, and apprised them about the reasons behind its military strikes on nine terror targets in Pakistan and Pakistan-occupied-Kashmir in retaliation for the Pahalgam terror attack. New Delhi also conveyed to the countries that it will retaliate if Islamabad escalates the already tense situation.
'We are too important to want to be paired with Pakistan but too intensely connected to it to successfully detach ourselves,' asserts Aakar Patel.
Xu, 60, is expected to travel to New Delhi soon to take over his new posting.
Though Beijing asserts the Dalai Lama's successor needs its approval, observers say it remains concerned as the present Panchen Lama, the number two spiritual leader who was appointed by it after unseating the boy nominated by the Dalai Lama, has not gained much traction in Tibet.
India secured their play-off berth in the Billie Jean King Cup by finishing second following a 2-1 victory against South Korea in their last Asia-Oceania Group 1 fixture.
30% of Indian employees report experiencing daily stress in their workplace. This high stress level is compounded by anger, with 34% of Indian employees experiencing daily anger at work -- a figure significantly higher than many other countries.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
'Will President Dissanayake calibrate his foreign policy taking into account India's immediate security concerns? We need to watch.'
India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.
Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.
Amid an uptick in Covid cases in some parts of the country, Director General of the Indian Council of Medical Research (ICMR) Dr Rajiv Behl said the severity of infections as of now is generally mild and there was no cause for worry. Speaking about new Covid variants being traced, he said genome sequencing of samples in the west and south have shown that the new variants are not severe and are Omicron sub-variants. These are LF.7, XFG, JN.1 and NB. 1.8.1. The first three are more prevalent, Dr Behl said. "Samples from other places are being sequenced and we will know in a day or two if there are more variants." The ICMR DG said there has been an uptick in cases --first from the south, then west and now from northern India. All these cases are being monitored through the Integrated Disease Surveillance Programme (IDSP). Besides that, ICMR's nationwide respiratory virus sentinel surveillance network is keeping a watch on emerging infections and pathogens, he said. "Whenever cases increase, we look at three things. It's dependent on three factors with the first being how transmissible it is, conversely how fast the cases are increasing. Previously we saw Covid cases double in two days, but this time it is not that cases are increasing rapidly. "Secondly, are the new variants evading our previous immunity? When new variants come, they evade immunity -- be it natural or from the vaccine. But there's nothing to worry about at the moment," Dr Behl said. He also said that the third factor is the percentage of severe cases in all Covid instances. "Are we getting a very severe disease without comorbidities? As of now, the severity is generally low. There's nothing to worry about. We should be vigilant and we should always be prepared," the ICMR DG asserted. Dr Behl also informed reporters that the Union Health secretary chaired a meeting on Sunday that was also attended by the director general of health services and himself. "We have been closely monitoring the situation. We should be vigilant at this moment, but there is no cause to worry. The general public should be vigilant. There is no need to take any such action as of now," he said. The officer added that the WHO database has been showing that the new variants were not causing severe disease. "People do not need to take any immediate action. They should follow normal precautions. So, there is nothing special to do right now." Asked about the need for a booster dose, he said there is no need for vaccination as of now. "India has the capability to make vaccines and if need be, we can make any vaccine in no time."
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
S&P Global Ratings on Monday said several Asia-Pacific economies could face higher tariffs under the Trump administration, while India, South Korea, and Thailand could be most vulnerable to trade retaliation. In its report titled 'Asia-Pacific Economies Likely To Be Hit By US Trade Tariffs', S&P said economies like Vietnam, Taiwan, Thailand, and South Korea have relatively greater economic exposure to the US, meaning that tariffs, if imposed, would have the largest economic impact.
South Korea will launch a bid to host the 2023 Asian Cup following China's decision to relinquish its rights to the tournament
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
Asserting that Pakistan developing sophisticated missile technology will give it the capability to strike targets well beyond South Asia, including in the United States, a top White House official said on Thursday that the Asian country's actions are an emerging threat to the United States.
'When compared to many of America's treaty allies in Asia, Modi 3.0 is on a much stronger footing.'
Delhi Chief Minister Rekha Gupta said there is no need to panic about COVID-19 cases, even as she asserted that the hospitals were fully prepared to tackle if the number rises.
A leading expert predicts that the incoming Trump administration will likely continue its pro-India policies, including the Indo-Pacific strategy and Quad, but highlights potential challenges such as trade disagreements, immigration issues, and a possible quid pro quo for technology sharing. The expert also notes that the Trump 2.0 administration may prioritize great power politics over strategic altruism, potentially impacting human rights and religious freedom concerns.
The Afghan endgame is moving into a crucial phase. Much will depend on regional politics involving Pakistan, Iran, India and China. How far the US's 'divide-and-rule' strategy succeeds remains to be seen, says M K Bhadrakumar.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
'In South Asia, unlike Southeast, East, or Central Asia, there is a natural hegemon: India. China cannot cast it aside easily'
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'
This is the first time in decades that China has made its flight test of an intercontinental ballistic missile public in an apparent show of strategic deterrence, State-run China Daily reported.
India picked up their third victory in the Billie Jean King Cup as they defeated South Korea 2-1 in a Asia Oceania Group-1 tie in Changsha, China on Friday.
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