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.
'Even if such a thing happens, it will not prolong for many days like Doklam did.' 'That is because both the leaders do not want it.'
20 years ago this day, May 11, 1998, India conducted its second nuclear test at Pokharan in Rajasthan. In a fascinating interview on Rediff.com, K Subrahmanyam revealed how Indian PMs reacted to nuclear ambitions.
Courage beyond Compare, as the name suggests, profiles Indian paralympic sports stars who despite physical disability, have fought the odds to become world class, champion athletes.
'One of his most famous scenes is set in a prison in Delhi where the British try to subvert Karla, the legendary Soviet spy who is being transferred back to Moscow and is being temporarily detained by the Indian agencies.' Ambassador B S Prakash salutes John le Carre.
'This is the first time the US has formally recognised the threat India faces from terrorist organisations based in Pakistan.'
Trade between India and Indonesia stands at $20 billion.
Carlos Tevez is getting paid 615,000 a week at Shanghai Shenhua, making him the world's best-paid player. His salary is now more than Cristiano Ronaldo's and Lionel Messi's!
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
'The intrusion in Chumar, during and beyond the Chinese president's visit, is unprecedented and has qualitatively changed the tone of the India-China relationship,' says Jayadeva Ranade, a member of the National Security Advisory Board.
'The response to terror is not always reciprocal terror, nor is launching a conventional response the best response.' 'The best response is to make the sponsor pay a price he cannot afford,' says former RA&W chief Vikram Sood.
'We have been found seriously wanting in addressing our undersea warfare capability and China's emergence is a cause for concern.'
The Security Council as it is today is unable to bring peace and security in the world and so there is reason for countries like India to become members of the Council, Ambassador Asoke Kumar Mukerji tells Sheela Bhatt/Rediff.com.
India and China on Wednesday signed in all nine agreements, including the Border Defence Cooperation Agreement and one on strengthening cooperation on trans-border rivers, after restricted and delegation-level talks that lasted over two hours as Prime Minister Manmohan Singh and Premier Li Keqiang met for the second time this year for talks which the Indian leader described as "fruitful and productive".
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Narendra Modi's victory does not represent a victory of 'the Indian nation', but only an elite-driven polarising phenomenon. The sooner we -- and the BJP -- recognise this, the better, says Praful Bidwai.
'The Modi-Xi and Modi-Obama meetings, with an interval of just 12 days, are juxtaposed superbly at a crucial point in the prime minister's life. Can Modi carve out a win-win situation with the superpower and the emerging superpower at the same time?'
'Whether it's investments in Kashmir, building naval facilities, or selling top-of-the-range military equipment, Pakistan could well benefit more under Xi's watch.' 'Do Chinese concerns about the 'Islamisation' of Pakistan give it pause about how quickly to move forward with security and economic projects? At the moment the indication is quite the opposite: China is doubling down on its support to Pakistan, partly because of its fears about where the country is headed.'
