'We did not know we would one day dominate nearly 70 per cent of the market.' 'Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.' A fascinating excerpt from Shantanu Guha Ray's The Diamond Trail: How India Rose To Global Domination.
India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
'The idea that the J&K issue gets internationalised by allowing foreign delegations to visit it appears bizarre to me because the issue is not about Article 370 or the decisions relating to the abrogation, but more to do with the post decision handling,' notes Lieutenant General Syed Ata Hasnain (retd).
Prime Minister Manmohan Singh on Monday mooted a Pan-Asian Free Trade Area, along the lines of North American Free Trade Area and the European Union, as part of efforts to make the Asian region an economic power house.
'Investors hate uncertainty and the demonetisation move certainly creates that.'
News of all that's transpired on and off the football field
Fourth division club Carl Zeiss Jena stunned Hamburg SV 3-2 in the German Cup on Sunday, taking the scalp of the Bundesliga's former European champions to cause the biggest sensation of the competition's first round.
FIFA presidential candidate Luis Figo will hope to convince delegates at this week's Asian Football Confederation Congress that a vote for him would boost the region's chances of more places in future World Cup finals.
European leaders are searching for solutions as conflicts in Syria and Iraq are sending thousands of refugees on dangerous voyages through the Balkans and across the Mediterranean to the 28-nation European Union. Here are the latest developments on the crisis.
Imsaram Ali, president of the Mango Growers Association of India on Wednesday urged Prime Minister Narendra Modi to initiate measures to increase export of mango in the international market.
An influential Republican senator has asked India to "just quit" buying oil from sanctions-hit Iran.
'His secretary of defence nominee, General James Mattis, says he expects Pakistan to take action against terrorists operating from its soil.' 'Any pressure the US can bring on the Pakistani regime terror-wise would pay dividends for India.'
Beckham, who turns 30 today, will not be fully satisfied with his career until he has a winner's medal with England.
'In Rajiv Gandhi's time, out of every Re 1 spent by the government only 15 paisa reached the public.' 'At this moment, I cannot say that the entire Re 1 reaches the common man's pocket, but yes, two-thirds of that money definitely reaches the common man.' 'And the rest of the money will also reach soon.'
The European Union on Thursday said India will surpass 7.0 per cent growth this year and the new United Progressive Alliance government is expected to continue with reforms, including reduction in fiscal deficit.
Asserting that India and Pakistan can unite through a common market, Defence Minister Pranab Mukherjee on Friday invited Islamabad to work jointly for developing a trade and economic block, "which could even be a matter of envy for blocks like Europe
Tehran plans to lift exports by 500,000 barrels per day
Five-time world player of the year Lionel Messi of Argentina, Chile's Alexis Sanchez and Brazilian Dani Alves were among the big names in the final rosters announced on Monday for next month's Copa America Centenario.
'It was a 20-minute boat ride journey of about 500 metres, but it must have been a giant leap together for the two staunchly secular leaders, Modi and Macron,' says Ambassador M K Bhadrakumar.
With an eye at opening a chain of economy hotels in India, InterGlobe Enterprises of India and European hotel chain, Accor have entered into a 60:40 joint venture envisaging an investment of Rs 850 crore (Rs 8.5 billion) over a period of 10-12 years.
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
Football fans in Goa are shaking off their sussegado and becoming an animated, raucous, even belligerent lot.
The study, 'Trade and trade diversion effects of United States tariffs on China', shows that the ongoing US-China trade war has resulted in a sharp decline in bilateral trade, higher prices for consumers and trade diversion effects -- increased imports from countries not directly involved in the trade war.
Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.
A Harvard study says India's GDP will grow at 7.9 per cent annually in the next 8 years, well ahead of China's 4.6 per cent
The 23-year-old world champion crossed the line in the Ras al-Khaimah half marathon three seconds quicker than the mark set by fellow Kenyan Florence Kiplagat in Barcelona two years ago, although the new record remains subject to ratification.
The European Commission said this month that EU member states should only ban "sharing economy" services as a last resort.
Canada-based passenger trains maker Bombardier is planning to develop India as the exports hub for its products and solutions to cater to Europe, South America and the Middle East markets.
Alex Ferguson fears Man U will struggle to break down Middlesbrough because of the work Steve McClaren has put in.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
News of all that's transpired on and off the football field.
Leading British-Indian MP Keith Vaz on Tuesday took his fight against the European Union's impending ban on the import of Indian mangoes to the Prime Minister's office in London.
'The fabric of democracy is fraying,' says T V R Shenoy. 'It is being attacked not just by terrorists in Kashmir or by zealots in the North-East, but is being ripped apart even in Allahabad, in the Hindi heartland.'
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
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