'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.
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.
India has cautioned against 'double standards' regarding its energy procurement from Russia, asserting that it is based on national interests and market dynamics, following a threat of secondary sanctions from NATO Secretary General Mark Rutte.
Former Army chief Gen M M Naravane (retd) said India-China ties are "on the mend" with initiatives announced at political, diplomatic and military levels. He expressed hope that China will reciprocate India's goodwill as they move forward in discussing the boundary question.
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.
'Trump is not shy when he is frustrated with countries'
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'.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.
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.
'Personalities are temporary, policies provide for stability.' 'With the former, when personalities change so does the nature of the relationship.' 'Policies and structures, on the other hand, are idiot-proof, as well as maverick-resistant,' explains Saisuresh Sivaswamy.
Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.
China hopes both sides will remain restrained, move toward each other, and work together to de-escalate the situation.
From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US.
'What India has done will surely embolden more countries to stand up to Trump.'
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.
US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
Preparations for the World Para Athletics Championships are going as per schedule with laying of Mondo tracks in both competition venue and training area set to be completed by September 1
Pakistan has reiterated its desire for normal neighbourly relations with India, while also criticizing India's decision to put the Indus Waters Treaty in abeyance. The Foreign Office spokesperson emphasized Pakistan's commitment to diplomacy and regional cooperation.
On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.
'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'
'What the Americans want is to destabilise Iran. For destabilising Iran, you need access. 'One access is through Iraq. The other access is through Pakistan.'
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
'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.'
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.
'Xi is an individual led by a harder calculus and would scoff at melting over gestures.' 'That we did not know this was our failure,' asserts Aakar Patel.
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.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
'New Delhi is not naive about its foreign policy choices.'
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.
'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'
It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.
India squandered a golden opportunity to return with two titles as both Lakshya Sen and the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty signed off with runner-up finishes at the Hong Kong Open Super 500 in Hing Kong on Sunday.
China on Friday said it is assessing whether to start trade talks with the US on tariff reductions following recent approaches by Washington, a move that would possibly ease the tit-for-tit tariff war between the world's two largest economies. "China is making assessments as the United States has recently reached out to convey messages to China through relevant parties many times, expressing hope to engage in talks with Beijing over tariff issues," the Chinese Commerce Ministry said in a statement in Beijing.
Prime Minister Narendra Modi was offered a lift by Russian President Vladimir Putin in his AURUS limousine to reach the venue of their bilateral talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin on Monday.
Bangladesh is likely to replace Pakistan in the men's Asia Cup hockey tournament to be held in Rajgir, Bihar from August 29 if the latter fails to confirm participation in the next couple of days.
'It was a tough field, and I was nervous going in.' 'But once I stepped onto the court, I focused only on giving my best.'
'If 138 soldiers have been given a gallantry award as 'shaheed' (by Pakistan) for Operation Sindoor, how many would have been the actual casualties. This decides who won.
Taking part in the discussion on the confidence motion moved by Prime Minister Manmohan Singh on Monday, Chidambaram emphasised on the need for nuclear power.
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