'Over the last two decades, the India-French relationship has grown steadily, no major political difference having darkened the sky between Paris and Delhi,' says Claude Arpi.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
Ukraine on mission to ban Russia from Paris Olympics
Belgian Prime Minister Herman Van Rompuy has been elected as the first President of the European Union, while Britain's European Trade Commissioner, Baroness Ashton, is the new Foreign Minister of the council.
Climate and sustainable development financing, multilateral institution reforms, regulation of digital assets, the spillover effect on developing economies from actions of western central banks, energy and food security in the backdrop of war in Europe, and sanctions on Russia and their impact on the global economy are some of the agenda items that India will take up as President of G-20, Finance Minister Nirmala Sitharaman said on Tuesday. India will take over as President of the powerful international grouping on December 1 for a year. There will be around 200 meetings throughout the country, with the summit Heads of State meeting expected to be held in New Delhi next September.
UN Secretary General Antonio Guterres has termed Russian President Vladimir Putin announcement of a special military operation in Ukraine as the "saddest moment in my tenure", while Security Council members blasted the Russian leader for the "unprovoked and unjustified' action and for delivering a "message of war".
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
Russia has informed the United Nations Security Council that Russian buses are ready at crossing points to go to the eastern Ukrainian cities of Kharkiv and Sumy to evacuate Indian students and other foreign nationals who are stranded there, amidst the raging conflict in the East European country.
India on Monday abstained from a procedural vote taken in the UN Security Council ahead of a meeting to discuss the situation on the Ukraine border.
India has maintained communication with both Russia and Ukraine. It is time Narendra Modi steps up on the world stage and plays the role of peacemaker, suggests military historian Colonel Anil A Athale (retd).
Lauding India for successfully avoiding a "clash of civilisations", Fontelles said the teachings of Mahatma Gandhi could play an important role in this regard.
'When the gold price rises rapidly, India's physical gold market remains on standby.'
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
'If you are going to have only a handful of telecom players on whom the entire dream of Digital India rests, it's important they are financially sustainable.'
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.
Speaking at a press conference in New Delhi, Polikha said, "We're suffering a lot of civilian casualties. According to official information of our ministry, already 16 children were killed from bombings, shellings and so on as a result of Russian peace-fighting operation."
Speaking at a press conference in New Delhi, Polikha said, "We're suffering a lot of civilian casualties. According to official information of our ministry, already 16 children were killed from bombings, shellings and so on as a result of Russian peace-fighting operation."
Ukrainian officials said Russian forces struck near the western Ukrainian city of Lviv, without providing extensive details.
Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.
'There's no going back in time, but I hope those who ignored, downplayed, and appeased Putin for so long feel some shame today. Enough at least to do everything possible to stop him now.'
Putin's idea was to attack his neighbouring country, he has to stop and then only we can find a solution, said the German ambassador.
Uncertainty looms over India's export outlook, with the new Covid-19 variant Omicron spreading rapidly across the country's key shipment destinations. With the US and parts of Europe witnessing more than 100,000 Covid-19 cases a day, exporters expect some disruption. However, there may not be an immediate decline in exports from India because the order books remain strong at least for the next few weeks, they said.
The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.
Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.
European countries will be able to bid to host the 2026 World Cup only if none of the eligible candidates are good enough, soccer's governing body said on Friday.
The EU adopts an immigrant work permit but it is unlikely to surpass the US green card in appeal.
In a secret-ballot voting in the 193-member UN General Assembly on that race, Pakistan secured 169 votes.
The Asian Games normally serves as the Olympic qualifiers but there was some confusion after the Hangzhou Asian Games were postponed from last year to this year due to the COVID-19 situation in China.
The people will view it from their viewpoint, their immediate interest, historical experiences, their insecurities, he said.
'There is a cost to war.' 'The West knows that and so does Putin.' 'The point is, how much of the cost are both sides willing to pay?'
Only the future will tell if Modi can leave his mark on the Ukraine crisis. Nonetheless, it is both a challenge and an opportunity for India's diplomacy, notes Rup Narayan Das.
Ms Usha may soon discover that winning four gold medals at the Asian Games and qualifying for the Los Angeles Olympics is a walk in the park compared with the challenges of stabilising governance at the IOA, observes Kanika Datta.
Engineers based in India are estimated to be writing roughly 35 per cent of the 100 million lines of codes required to develop one fully driverless car for global vehicle makers.
A summary of sports events and sports persons, who made news on Tuesday
The second wave is expected based on what is happening in Europe, the govt said.
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.
A change in the name of the Al Qaeda in the Indian Subcontinent (AQIS) magazine 'suggests a refocusing' of the terror group from Afghanistan to Kashmir, a United Nations report has said.
From witnessing the dawn of Independence to playing host to annual Republic Day celebrations for over seven decades, the historic Rajpath in India's power capital has seen the colonial rule and basked in the glory of a free, democratic nation.
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