The government on Friday approved the acquisition of drug company Ranbaxy Laboratories by Japanese pharma major Daiichi Sankyo envisaging foreign investment of around Rs 21,500 crore (Rs 215 billion).
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
Opposing a government-panel proposal to hike FDI limit in multi-brand retail, the Confederation of All India Traders (CAIT) on Wednesday said such a move will hurt interest of small traders and mostly benefit large corporates.
Marking a historic trip to Myanmar, a senior United States lawmaker on Saturday met pro-democracy icon Aung San Suu Kyi as well as the country's military ruler Than Shew and secured the release of an American, who had been jailed for secretly visiting the residence of the detained leader. Democrat Senator Jim Webb became the first senior US official to meet the reclusive Myanmar general in the capital Naypyidaw.
The new rules for foreign investment issued by the Cabinet committee on economic affairs have two specific problems. Both lie in the new provision that any company which has an Indian majority shareholding and Indian control will be treated as an Indian company.
Foreign Secretary S Jaishankar gave this information to the Parliamentary Committee on Exernal Affairs.
Newly-appointed Pakistan Cricket Board chief selector Inzamam-ul Haq made it clear that he does not possess a magic wand to immediately effect a course correction in the fortunes of the national cricket team.
Prior to his departure, the prime minister attended a Congressional reception hosted jointly by Foreign Relation Committees (House and Senate) and India Caucus (House and Senate).
'China has refused to act upon the threat posed by Pakistan using terrorism as an instrument of its foreign policy.' says Rajeev Sharma.
'The Modi Model we see now is still the old Gujarat Model.' 'But with an acknowledgement that governing India is more challenging than governing Gujarat,' notes Shekhar Gupta.
'Does it mean that we are witnessing the end of an era?' 'Probably not, but the post-Trump trade war has certainly brought a lot of instability in China,' notes Claude Arpi.
The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million doses by the end of June, according to a joint statement by the WHO, UNICEF, GAVI and CEPI.
China said that decision is in line with the rules of the committee.
Inviting EU lawmakers to J-K is the 'ultimate disrespect' to Indian Parliament's sovereignty, Sharma added.
Israel bombed the Gaza Strip for the fourth day on Friday, killing eight Palestinians and tensions heightened after militants fired rockets towards the Jewish state from Lebanon for the first time since the beginning of a confrontation with Hamas.
Schumer and Menendez said the months-long demonstrations have been met with orders from the central government and local authorities to shut off internet access in protest areas, cut off water and electricity supplies for the tens of thousands living in protest camps, and impede the work of journalists reporting on the protests.
As it has done in the past, Beijing put a technical hold on the proposal just as the deadline was about to end.
Burns was responding to the opening remarks by Senator John F Kerry, Massachusetts Democrat, who said it was imperative that the United States "...must consider Pakistan's relationship with India, especially when it comes to Kashmir."
Retail, telecom, media and a host of sectors in which foreign direct investment is restricted stand to gain from changes in FDI policy that the Cabinet Committee on Economic Affairs cleared on Wednesday linking approvals to the concept of control for the first time.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
Pepsico India Holding need not divest 49 per cent equity in bottling firms to Indian companies, with the government today exempting it from the obligation following change in FDI rules for the food processing sector.
Is Nasir Khan Janjua's appointment as Pakistan's national security advisor the first step in suborning the elected civilian government?
The Cabinet Committee of Economic Affairs is all set to announce the guidelines for FDI in commodity exchanges. Following this, the Forward Markets Commission is expected to submit the proposal for ownership structure of exchanges before the Union ministry of consumer affairs.
After the initial release of funds, the central government follows certain rules and guidelines before awarding the final aid to any state for a natural calamity.
In a politically-significant move, Prime Minister Narendra Modi has reconstituted a government committee on commemoration of the 125th birth anniversary of Jawaharlal Nehru which will be headed by him, replacing his predecessor Manmohan Singh.
India on Monday did some plain-speaking with China over its blocking of the Indian bid to get JeM chief Masood Azhar banned by the UN and warned the global community of "serious consequences" if it continues to adopt "double standards" in dealing with terrorism.
'Pakistan has to take responsibility and start cracking down on terrorists.'
"I think that a totally loony idea is to put US forces into the frontier areas of Pakistan," former under secretary of state for political affairs Thomas Pickering said.
There are a lot of things that go on up there that are difficult to find out. On the other hand, we do have a pretty good idea what's going on up there, whose up there and what they're doing, Boucher said.
The Narendra Modi government on Monday appointed Arvind Gupta, a former Indian Foreign Service officer, of the 1979 batch, as Deputy National Security Advisor. This appointment comes within days of Nehchal Sandhu quitting as deputy NSA, citing personal reasons.
She became the first from the Indian-American community to serve on a Cabinet rank position in any United States presidential administration.
This is the second time that China has defended the decision to put a technical hold on India's bid to ban Azhar, the mastermind of the January 2 Pathankot terrorist attack.
Sujatha Singh claimed that she had actually sought early retirement.
The CDS will have a significant role in higher defence planning and operational aspects of India's nuclear arsenal.
'We think Pakistan has moved decisively against terrorists that threaten Pakistan internally, but still needs to devote attention to those that represent a threat to their neighbours.'
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
India hit out at China for its remarks that there was no consensus over the United States' proposal to ban Pathankot attack mastermind and Jaish-e-Mohammed is chief Masood Azhar at the United Nations
An influential Hindu organisation in the United States has slammed a group of lawmakers for introducing a resolution in the House of Representatives on record of India's religious freedom arguing that it is grossly inaccurate and aims to provoke.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
