Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.
China also said that it was opposed to any third-party involvement in the resolution of the Sino-India boundary disputes.
Ramachandra Guha's India After Gandhi has been picked among the finalists in the prestigious 12th annual Kiriyama Prize. Conceived to promote greater understanding of South Asia and the Pacific Rim, the award the winners will divide $30,000 between them -- will be announced on April 1.
Here are the world's most courteous, friendly, helpful and efficient airline crews from each continent.
New Delhi remains a priggish suitor to Washington's overtures, but it has begun appreciating potential tech benefits to ties with the US.
The BRICS summit offers Modi an excellent platform to reach out to world leaders and conduct diplomacy on the very ticklish issue of reform of the world governance structure, and to exchange notes with his peers on international, regional and bilateral issues on the margins of the meeting, says Rup Narayan Das.
Tata-SIA will kick off with full-service domestic operations.
They will grow at 5.8 per cent a year.
'The Vladivostok visit marks a subtle reversal of trend discernible in the revival of India-Russia relations pioneered by Modi during the past couple of years,' says Ambassador M K Bhadrakumar.
'India alone cannot walk the path of peace. It also has to be Pakistan's journey to make,' says Prime Minister Narendra Modi at the government's geo-political flagship initiative "Raisina Dialogue-II".
The venture is seen as a rival to the World Bank.
Jaishankar arrived on a day-long visit to prepare the ground for Prime Minister Modi's visit to Bangladesh later this month to participate in the celebrations of 50th anniversary of Bangladesh's Independence and 50 years of Bangladesh-India diplomatic relations.
Telecom equipment maker Alcatel-Lucent unveiled plans on Tuesday to cut an overall 10,000 jobs worldwide by the end of 2015, hoping to save 1 billion euros ($1.36 billion) and turn the company around after years of losses.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
'If the Chinese military gets hold of some western sectors on the India-China boundary, it will give them added military advantage.'
'That is important for Modi politically when he launches a do-or-die campaign seeking a renewed mandate in the 2019 poll,' says Ambassador M K Bhadrakumar.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
Ahead of the International Fleet Review being held in Vizag, Naval chief Admiral RK Dhowan spoke of the changing perception of the navy and the many challenges it faces.
Mere shuffling of resources or cosmetic changes to prove a point would be counterproductive in the long run, observes Commodore Venugoptal Menon (retd).
'The killings are a worrisome escalation of tensions, but little is known about the immediate causes or results of the fight in Galwan and it is not possible, at this point, to assign blame'
Chinese foreign ministry spokesperson Hua Chunying, while reacting to Japan's plans to step up investments in the northeastern states, told the media that China is opposed to any foreign investment in the areas where it has disputes with India.
The processor is just 5 per cent of the overall cost of a computing device.
In a diplomatic breakthrough, Chinese President Xi Jinping and Japanese Premier Shinzo Abe on Monday held their maiden talks, marking the "first step" towards mending ties between the two Asian rivals after years of territorial disputes and animosity due to wartime history.
While inaugurating the leadership summit of the US-India Business Council in Washington, DC, US Vice President Joe Biden said that there was no reason why the two largest democracies in the world should not continue to have a more productive relationship. Aziz Haniffa/ Rediff.com reports.
With PM Modi's visit, the time has come for a relook at India-Myanmar ties, and elevate the relationship to higher levels, says Dr Rahul Mishra.
The experts said that climate change is not only raising temperatures and making India's heatwaves hotter, but also changing weather patterns that further drive dangerous weather extremes.
In bilateral interfaces relations with China have also to be given due weight, opines Premvir Das
The war of words between China and the US heated up on Tuesday with an American Admiral defending last week's US naval ship's foray near Chinese-made artificial islands in the area while Beijing blasted the move as a "blatant provocation".
"The issue is not whether India is first or third or fourth, the issue is that this perception should be taken seriously to set our house in order".
'What we have heard from the Sri Lankans is their desire to have a foreign policy that allows Sri Lanka to best advance its own interests rather than a foreign policy that relied solely on one relationship.' 'We think this is an attitude that makes a lot of sense. India and Sri Lanka have many areas of shared interests, and it's certainly welcomed by us to see that deepening of those ties.'
Since 2016, when India was officially recognised in US law as a 'major defence partner', Washington has purposefully upgraded the defence relationship.
He said that if there are issues that need to be talked about, it is between India and Pakistan.
Japan could soon be the second country after the US with which India has a logistics support agreement. Besides the LSA, India and Japan may also sign a maritime domain awareness agreement which would enable the two navies to share information. For example, if a Japanese P-1 maritime patrol aircraft detects a Chinese submarine in the Indian Ocean, it would pass on the information to the Indian Navy, reveals Ajai Shukla.
With Pakistan in mind, Prime Minister Manmohan Singh on Thursday warned that terrorism and radicalism emanating from "our neighbourhood" had directly affected both India and China and could lead to instability across Asia.
'We want to provide data, we want to provide consultation, but we don't want to lecture.' 'The consciousness about this issue in India is starting to get quite high and if we can help contribute to solving this air quality issue in a spirit of partnership with the Indians, it would be a big achievement.'
The new government needs to clearly insist on diplomatic reciprocal arrangements with China. While reciprocity is a function of power in bilateral relations, the Modi-led government's responses should be based on India'S inherent strengths, says China expert Srikanth Kondapalli.
Melbourne is the world's best city to live in.
Both the countries have increased prices of gas recently.
The World Nature Photography Awards announced the winners of their 2020 competition, showcasing an array of talented photographers from around the world. The grand prize winner award went to Thomas Vijayan for his image of the endangered Bornean orangutan. Vijayan spent hours up a tree, waiting to see if one of the local orangutans would use it to cross over to a nearby island. Take a look at some of the jaw-dropping images.
In cyber security, India's main concerns are Pakistani and Chinese espionage. Which is exactly why the US needs to build up partnership with India.