While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
Gold imports had totalled 335.1 tonne in the April-June quarter, but have declined to 58.37 in the second quarter (up to September 25).
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.
Though General Naravane's visit will not deal with 'impermanent' issues like the changing stands of politicians, it will certainly reinforce the deeper 'permanent' links between the people of Nepal and India. Time will hopefully tackle the present impermanence of the Sino-Nepalese romance, notes Claude Arpi.
With their landmark 2005 civil nuclear deal still in limbo, India and the United States have established an inter-agency contact group to sort out outstanding liability and technical issues to fast-track its full implementation.
According to the cable, Sattar reacted positively to the idea of involving Kashmiris.
Pakistan Prime Minister Shahid Khaqan Abbasi assured the Secretary of State that his country is committed to the war against terrorism.
Modi said India and Russia have been friends for a long time and thanked Putin for inviting him for the first-ever informal meeting at Sochi.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Chinese chief negotiator Ambassador Wang Qun told ANI on Friday, "NSG will not take up India's case as of now. There are differences on admitting non-Nuclear Non-Proliferation Treaty members. Signing the NPT first is one of five criteria (for membership). These have not been set by China, but by group as a whole."
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
The readouts by the Indian and Chinese sides on the meeting on Monday between External Affairs Minister Sushma Swaraj and her Chinese counterpart Wang Yi in Moscow bring out that divergences are crowding into the centrestage of their relationship, says Ambassador M K Bhadrakumar.
The Indian government has simplified FDI policy inorder to attract global retail chains.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
'Pakistanis are very clever in manipulating us,' former Bush administration official tells US lawmakers.
There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.
'India is going to maintain its ties to China, India is going to develop a strong relationship with the United States. It means that India is going to have the flexibility to pick and choose its friends.' 'That's traditional Indian foreign policy, and it's smart.' Former US ambassador to India Frank Wisner, one of America's sharpest minds on South Asia, tells Aziz Haniffa/Rediff.com what Washington can expect from Narendra Modi's visit.
'Any 'de-escalation' that brings down tensions will deprive the BJP of a plank with seamless possibilities to project PM Modi as the 'Iron prime minister' and hype up jingoism in the upcoming election campaign,' notes Ambassador M K Bhadrakumar.
Jaitley assured that both the banking system and the government will make the resources available to them.
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
'... For the India-US relationship to continue its positive trajectory, it will require India to adapt to a different approach.' Nisha Desai Biswal -- who as the Obama administration's point person for South Asia was in the inner circle of all the Obama-Modi Summits -- tells Rediff.com's Monali Sarkar why she is hopeful that India and the US are on an irreversible forward course.
'This is the first time that the Americans have agreed to refer to "cross-border terrorist attacks" in a joint statement.' 'No wonder Pakistan has called the joint statement "singularly unhelpful" and has blasted it, and its all-weather friend China has applauded Pakistan's frontline role in combating terrorism,' points out former foreign secretary Ambassador Kanwal Sibal.
Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy
'Taranjit has the ideal temperament to deal with the Americans who understand firmness and appreciate flexibility.' 'He can hold his ground with a cheerful face and still make it clear that India and the US are partners, rivals,' says Ambassador T P Sreenivasan.
Indian Ambassador to the United States Dr S Jaishankar told Rediff.com's Aziz Haniffa that it was "a very nice meeting and President Barack Obama was extremely cordial."
Three Chinese journalists based in India representing the state-run Xinhua news agency were denied permission for extended stay in the country.
Benchmark indices finished higher on hopes of economic reforms
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
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