India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday. It said emerging economies have high ambitions for the next decade and beyond with India aiming to become a $30 trillion economy by 2047, from the current $3.6 trillion. India is currently the fifth largest economy.
With India overtaking China in terms of weightage in the Morgan Stanley emerging markets IMI, Indian equities could see inflows of about $4.5 billion (Rs 37,000 crore), according to estimates. This week, Morgan Stanley announced that India has overtaken China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI). The weight of India in MSCI EM IMI stood at 22.27 per cent compared to 21.58 per cent of China.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
India will look at disengagement and de-escalation of the situation along the Line of Actual Control (LAC) in eastern Ladakh after restoration of the status quo of April 2020, Army Chief General Upendra Dwivedi said on Tuesday, a day after New Delhi announced striking an agreement with Beijing to end the over four-year border row in the region.
China and India were able to "reduce differences" and build "some consensus" on disengaging troops from friction points to end the standoff in eastern Ladakh and agreed to maintain dialogue to reach a resolution acceptable to both sides at an "early date", the Chinese defence ministry said on Thursday.
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
After bagging back-to-back Olympic bronze medals, India will start as favourites to defend their ACT title against top hockey playing nations of Asia in the form of China, Japan, Pakistan, Korea and Malaysia.
'China did not expect India to show such strategic resolve in defending its territorial integrity.'
The All India Tennis Association (AITA) on Tuesday suggested that the country's top player Sumit Nagal perhaps deliberately missed the Davis Cup tie against Sweden last week
Shares of auto component major, Samvardhana Motherson International, has gained 11.5 per cent on the bourses after the company approved the qualified institutions placement (QIP) issue and announced the calculation methodology for its compulsorily convertible debentures, or CCDs, into equity shares. Analysts cite strong investor response to the issue that has kept the sentiment positive for the stock. Brokerages, however, have a mixed view on the outlook for the auto parts supplier.
PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered
The report put India's 'stored' nuclear warheads at 172 in January this year while the number for Pakistan was 170.
In his farewell remarks posted on the Chinese embassy website, Sun said it is only natural for important neighbours China and India to have some differences but the key is how to handle the differences.
From India's neighbourhood and extended neighbourhood, presidents of Sri Lanka, the Maldives, Iran, Seychelles and prime ministers of Nepal, Bangladesh, Bhutan, Myanmar, Mauritius have sent congratulatory greetings to Modi.
China said that "sound and stable ties" serve the common interests of China and India.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Chinese Foreign Minister Wang Yi has expressed readiness to join hands with India's National Security Advisor Ajit Doval to "properly handle" issues related to the situation on the ground in the border areas, amid the protracted border row in eastern Ladakh.
Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.
Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.
Prime Minister Modi on Saturday dedicated to the nation the Sela Tunnel built at an altitude of 13,000 feet in Arunachal Pradesh that will provide all-weather connectivity to strategically located Tawang and is expected to ensure better movement of troops along the frontier region.
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
China and India have made 'positive progress' to resolve the border standoff, with both sides maintaining close communication through diplomatic and military channels, a senior foreign ministry official said in Beijing on Friday.
China on Thursday said it 'firmly opposes' the United States recognition of Arunachal Pradesh as part of Indian territory and affirmed that Washington, DC has nothing to do with the India-China border dispute.
'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).
Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).
The Chinese military on Thursday said the situation along the India-China border 'at present' is 'generally stable' and both sides have maintained 'effective' communication to resolve the military standoff in eastern Ladakh.
Four Rafale fighter aircraft of the Indian Air Force carried out a "strategic" mission over the Indian Ocean region for over six hours, in a significant demonstration of their long-range combat capabilities, people familiar with the operation said on Wednesday.
Isharani Baruah and Anmol Kharb shone bright as India all but assured its place in the quarter-finals of Uber Cup after beating Singapore 4-1 in the second tie of Group A, in Chengdu, China, on Sunday.
India should have learnt lessons from the 1962 war but no headway was made in the development of border infrastructure till 2014, he claimed, adding that the Modi government increased the budget for the same from Rs 3,500 crore to Rs 14,500 crore.
China, which is building numerous villages in Tibet close to its borders with India and Bhutan, has held several celebratory events to mark its takeover of Tibet in the new border villages with a mix of border troops and the local population, the official media in Beijing reported.
President Xi, who heads the Central Military Commission (CMC), the overall high-command of the two million-strong People's Liberation Army (PLA), appointed Gen. Zhang Xudong as the Commander of the Western Theatre Command, according to the official media in Beijing.
India has strongly rejected as "baseless" allegations of its interference in Canadian elections and asserted that the core issue has been Ottawa's meddling in New Delhi's internal affairs.
India has been rejecting China renaming places in Arunachal Pradesh, asserting that the state is an integral part of the country and assigning "invented" names does not alter this reality.
The key meeting was held in Beijing on March 27, the MEA said in a statement.
India and Japan on Thursday agreed to enhance military exercises and defence cooperation as the two countries emphasised that the bilateral special strategic and global partnership plays a crucial role in ensuring a free, open and rules-based Indo-Pacific, amidst China's aggressive behaviour in the region.
In his conversation with Prime Minister Narendra Modi, President Xi Jinping stressed that improving China-India relations serves common interests and is conducive to peace and stability of the region and the world.
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