Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.
'Rightly or wrongly, 1962 got ascribed to Krishna Menon and him alone. That's unfair.' 'Certainly, he was one of the guilty men, but he was not the only guilty man. Mistakes were made all around.'
On the title page of the Top Secret Report, Henderson-Brooks quotes the Chinese tactician Sun Tzu: 'Know yourself, know your enemy: A hundred battles, a hundred victories', says Claude Arpi, highlighting where the Indian Army and government failed to counter the Chinese attack in 1962.
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
'The really striking thing is that the Taliban has suo moto presented to us certain firm benchmarks against which it expects us to hold to account the Taliban rulers's actions in the period ahead' notes Ambassador M K Bhadrakumar.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
India thus remained on top of the medals tally with eight medals, while China is in second with two gold, two silver, one bronze.
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
The WTO's quarterly outlook indicator, comprising seven trade parameters, stood at 96.3, the lowest since March 2010 and down from 98.6 in November. Exports from India would be hit if there is a slowdown in world trade.
'As we gird ourselves for rising infections, India's harsh lockdown remains an epic tragedy,' observes Rahul Jacob.
According to Korn Ferry Global Salary Forecast, India's salary growth for 2020 stood at 9.2 per cent. down from 10 per cent last year, while real-wage after adjusting inflation may remain constant at 5 per cent in 2020.
India was fooled into believing that Communist China wanted a 'negotiated' settlement with the Tibetans; it was never the case, says Claude Arpi.
India's steel production in the first six months of the current year stood at 35.636 million tonnes, almost one-tenth of neighbouring China's total output during the same period.
The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y.
The Trump administration wants Prime Minister Modi to lower the trade barriers and embrace "fair and reciprocal" trade.
For some inexplicable reason, the army prefers to use Russian armour; Arjun is deployed in only two of its 63 armoured regiments.
The people in both places have lived in a state of denial, refusing to accept the bald fact that resorting to violence against an infinitely superior force is suicidal, observes T N Ninan.
'China's vulnerability on the global stage has given an opening to India to push for its own interests,' notes Harsh V Pant.
The 12-year-old from Singapore bagged two gold medals at the World Memory Championships held in Hong Kong.
The Army chief said the nation is passing through a challenging period.
Her days in the isolation ward no longer haunts India's first COVID-19 patient in Kerala and the 20-year old medico who has fully recovered is now busy attending online classes from her university in Wuhan in China as she completed three months since being diagnosed with the disease.
'What would we feel if we found the world behaving the way it has?' 'Forced to fight our own prolonged battle; nobody from outside really demanding that the war end or actively working to make it end, and above all, a completely toothless United Nations reduced to pleading for a halt to the violence,' notes Shyam G Menon, exactly a month after Vladimir Putin ordered the invasion of Ukraine.
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
India-made garments have the largest pie in US imports in H1
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The central bank has been mandated by the government to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent, with a band of 2 per cent on either side. The retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.
More than 90 per cent of India's population belongs to the base tier (less than $10,000, or about Rs 730,000) when it comes to the distribution of wealth.
Defence Minister Rajnath Singh on Wednesday said that he was proud that a contingent of the Indian Armed Forces was participating in the 75th Anniversary of Victory Day Parade in Moscow.
Facebook CEO Mark Zuckerberg has said steps taken by the social media giant have helped protect the integrity of more than 200 different elections around the world, including in India, and have also played an important role in stopping abuse ahead of US elections.
After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival.
While the US continues to shell out the largest defence budget in the world year after year, other nations are slowly but certainly catching up, says the Stockholm International Peace Research Institute.
TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
India increased its exposure to American government securities to $59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.
On being asked why he doesn't talk about his humble background like Modi, Singh said, "I don't want the country to take a pity on the basis of my humble background."
Of the BRIC (Brazil, Russia, India and China) economies, China, Russia and Brazil posted sharper increases in activity, but India registered a fourth successive decline in output.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Investor wealth plummeted by nearly Rs 5 lakh crore in early trade on Monday as equity markets crashed tracking global equity selloff amid rising uncertainty over the economic impact of coronavirus outbreak. Market capitalisation (m-cap) of BSE-listed companies saw a massive decline after the 30-share index plunged 1515.01 points, or 4.03 per cent, to 36,061.61. The NSE Nifty too cracked 417.05 points, or 3.80 per cent, to 10,572.40.
The country will not allow any "unilateral action" on its border and will pay any cost to thwart such attempts, he told the Bharatiya Janata Yuva Morcha's state conference.
The upcoming combined shooting World Cup in New Delhi was on Friday postponed, while an Olympic test event in Tokyo stood cancelled due to the global novel Coronavirus outbreak. The decision comes after the government imposed several restrictions on the entry of travellers from affected countries such as China, Italy, South Korea, Japan and Iran, in a bid to contain the coronavirus outbreak.
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