'The wise men learn lessons in war.' 'The smart men learn lessons from others, it's only the foolish who learn the wrong lesson.'
Ukrainian investigators have found 196 bodies at the crash site where a Malaysian passenger plane carrying 298 people was brought down by a missile in pro-Russia rebels-held eastern part of the country.
Putin spoke to the citizenry in the annual nationwide Q&A session as part of PR exercise for the Russian government.
Rediff.com takes a look at the major aviation disasters of recent times.
The eastern theatre command of the Chinese People's Liberation Army successfully completed all tasks of its combat readiness patrols and exercises around Taiwan Island, official media in Beijing reported.
According to the experts, a lot of countries have little or no faith in Chinese companies because of poor after-sales support and equipment that rapidly declines into non-functional machinery.
The Wayanad MP also said that he supports Indian foreign policy and doesn't have a huge disagreement with it with regard to India's position on the Russia-Ukraine war.
The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.
China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.
The statement said that the global economy is being held back by a shortfall in demand, while addressing supply constraints is key to lifting potential growth.
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has slashed its forecast for India's FY23 gross domestic product growth to 8.2 per cent from 9 per cent, saying that higher commodity prices will weigh on private consumption and investment. This was one of the steepest cuts for emerging economies compared to the IMF's January WEO forecasts. Saying that global economic prospects have worsened significantly due to commodity price volatility and disruption of supply chains caused by the war in Europe, IMF cut its global growth outlook for calendar year 2022 to 3.6 per cent from 4.4 per cent, and said both Russia and Ukraine could experience large GDP contractions.
Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.
The chief of air staff said Chinese actions along the frontier including in the Ladakh sector are being monitored constantly and the IAF's overall preparations are part of continuing efforts irrespective of challenges from China.
Bangladesh Prime Minister Sheikh Hasina is expected to travel to India on September 5 on a three-day official visit during which defence cooperation and regional stability are likely to be the focus of her talks with Indian counterpart Narendra Modi, an official said on Monday.
International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.
Allegations also cropped up against the local BJP MP that he did not respond to the SOS calls from the stranded students, a charge denied by the elected representative.
The United States on Friday said that it is not ruling out technical assistance from Russian personnel in operating the surface-to air missile that downed the Malaysia Airlines plane.
Ahead of Russian President Vladimir Putin's India visit, the United States has said it would not impact President Barack Obama's trip to the country in January but warned now was not the right time to do business with Russia.
It offers a real opportunity for the flag carrier to compete on the world stage, backed by a leading conglomerate with deep pockets like the Tatas, observes Indrajit Gupta.
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four-and-half month election-related hiatus in rate revision, sources said. Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel has gone up from Rs 86.67 per litre to Rs 87.47. Simultaneously, the price of a non-subsidised LPG cylinder has been increased to Rs 949.50 for each 14.2-kg bottle in the national capital.
The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, which has long-standing ties to Syria and its subsidiary, Russian Financial Corporation Bank were also targeted under new sanctions.
'Which will not happen.' 'Foreign Minister S Jaishankar has expressly refuted Beijing's statement that normalcy was returning to Sino-Indian relations.'
Some stunning moments of the week that was
Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'
Formula One will have a record 24 races next season with Las Vegas making its floodlit debut in November and Monaco signing a new deal to secure its place on the calendar until at least 2025.
Union minister Jitendra Singh assured the members of the Rajya Sabha on Thursday that there is better nuclear safety in India as compared to many other countries and there are enough safeguards in the Indian nuclear plants.
'It is only when Beijing sees a country with an infirm political will such as India that it acts up as the PLA has done in eastern Ladakh.'
'Heroes are weak; they are cowards; they cry; they betray their fellow soldiers; they lie to their wives so that they can fight for their country and yet have their conscience devour them with guilt.'
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
China on Saturday maintained silence on India's abstention at the voting at the UNHRC on the human rights situation in Xinjiang
Singh also said that Indian troops are standing firm braving extreme weather and hostile forces to defend the country's territorial integrity.
The country's largest software services firm Tata Consultancy Services on Monday opened the fourth-quarter earnings season with a stellar set of numbers, crossing the Rs 50,000 crore revenue mark for the first time and earning a net income of Rs 9,926 crore, registering a growth of 7.4 per cent year-on-year. The company said its revenue jumped 15.8 per cent to Rs 50,591 crore in the reporting quarter on an annualised basis. Many analysts were expecting the Tata group flagship to report over Rs 10,000 crore of net income and revenue to cross the Rs 50,000 crore mark this quarter.
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
Singh, in his address to the Indian-American community in San Francisco, also sent a subtle message to the United States that New Delhi does not believe in a diplomacy of 'zero-sum game' and its relationship with one country cannot be at the expense of the other.
Here's a collection of some of the best photos, taken last week, from around the globe.
The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
Chinese Foreign Minister Wang Yi has said that during his recent visit to India, he "keenly felt" that both sides had agreed to adhere to the leaders' consensus that the two countries are not a threat to each other and handle and manage their differences.
Here's a collection of images of the past week.
He said that "the state of the border will determine the state of the relationship, that's natural".
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