As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.
India has asked the developed countries to implement their part of obligations under the World Trade Organisation, reduce agriculture subsidy and make their market accessible to developing countries.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
Greek proposals hailed as "a positive step forward".
NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.
The crisis remains acute with the country's banks already closed.
Cyprus-based GA European Investments' proposal to acquire 7.5 per cent stake in NDTV for Rs 116 crore
11th-hour debt restructuring programme offered no concessions to creditors
Former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth.
Asserting that the government will never compromise on agriculture subsidies, Finance Minister Jaswant Singh said he is not in favour of "industrial agriculture" as it could put at stake the food security of 100 crore people in the country.
Under the Commission proposal, Greece would get the whole 7 billion in one go
The IMF dashed any hope that Athens could avert default.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
India's jugalbandhi with coal and clean energy is coming unstuck, neither achieving adequate renewable generation nor ensuring sufficient coal-fired power in the quest to become a $5-trillion economy. Six months have elapsed since Prime Minister Narendra Modi announced an ambitious climate agenda for India at COP26 at Glasgow. The net zero emissions target by 2070 is a distant one, but there are nearer-term plans to meet 50 per cent of energy demand with renewables by 2030 by increasing capacity to 450 Gw. A cursory look at the balance sheet of India's climate progress since November reveals ponderous progress towards meeting the renewables target even as the country is scrambling to expand coal-fired generation in the face of a power crisis.
Greek finance minister to hold talks with bankers on Sunday
An interview with Amit Mitra, the finance minister of West Bengal.
Prime Minister Narendra Modi on Monday met his British counterpart Boris Johnson on the sidelines of the COP26 climate summit here and discussed ways to enhance bilateral cooperation in areas like green hydrogen, renewables and clean technology, economy and defence.
National artificial intelligence unit stuck for lack of anchor department
Xi Jinping's recent actions in South Asia have amply demonstrated the disastrous impact of China's embrace, observes Jayadeva Ranade, the retired senior RA&W officer and China expert.
'Narendra Modi knows how to calculate and remain pragmatic. Take the unexpected Rafale deal - perhaps the first time a PM has considered the country's defence procurement as a priority, over the considerations of the babus... and over his own pet project 'Make in India',' says Claude Arpi.
However, BJP has not given any assurance of support and conveyed to the Finance Minister that the matter will be discussed within the party and take a call, sources said.
Investors took comfort from Finance Minister Arun Jaitley's statement, who underlined the need to have globally compatible tax rates to broad-base the economy
India's external firewalls were solid in the form of a healthy reserve position.
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
During his three-day UK visit until Tuesday, Modi is listed to address the COP26 summit with a national statement about India's climate action plan in the afternoon session on Monday, ahead of Australian Prime Minister Scott Morrison and Pakistan Prime Minister Imran Khan.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The Paris-based global watchdog for curbing terror financing and money laundering will hold its virtual plenary session from October 21 to 23. It will review Pakistan's progress on the 27-point action plan.
Deadline to submit convincing reform plans is this week.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%.
The people will view it from their viewpoint, their immediate interest, historical experiences, their insecurities, he said.
As the debate on alleged black money stashed by Indians in Swiss banks continues, Switzerland on Monday said it is looking forward to working together with the new government of India in its fight against tax evasion.
He was referring to the issue of Indians allegedly stashing unaccounted money in Swiss banks.
Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc.
With the Swiss government showing eagerness to help India trace suspected black money hoarders, banks based in Switzerland appear to be losing traction among the wealthy Indian clients and could not get much business commitments during the just-ended WEF summit.
The proposals appeared so far apart that success seemed higly unlikely
The Nifty too ended lower by 121 points, or 1.19 per cent.
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