Sanjeev Chowdhury, director general, department of foreign affairs in Canada, headed the team that organised the G8 and G20 summits in Huntsville and Toronto respectively from June 25 to 27. When he joined Canada's foreign service 15 years ago and became a part of the team that organised the G7 summit -- as it was then called -- in Halifax, he never imagined that he would one day be responsible for organising these major events. He spoke to rediff.com's Ajit Jain.
Overseas Indian workers are located in two regions -- the Middle East and developed countries such as the US, UK and Canada, ADB said. Those in the Middle East are mostly unskilled labour employed in construction and oil-related services while overseas Indians in the developed countries include skilled labour in the banking and information technology industry. 'Consequently, it is almost inevitable that remittances will decline,' the report said.
Asian economies have been very strong in their stimulus from both monetary and fiscal sources.
The financial and economic meltdown in G7 nations has had a negative impact on growth in India and other developing countries. Could anyone seriously believe that there is some form of financial alchemy which consistently provides returns on capital well in excess of national GDP growth rates and the major equity and bond indices over decades?
One person was killed and another injured in a suicide attack on an office of the Special Branch of police in the Pakistani capital today.
One person was killed and another injured in a suicide attack on an office of the Special Branch of police in the Pakistani capital today.
The country opened its airspace for all flights except for New Delhi, Bangkok and Kuala Lumpur on March 27.
If India's business leaders believe in India's future, then the task of building (or rebuilding) a business for that future should be an encouraging and exciting one.
'Chinese companies have acquired stakes in 13 ports in Europe, including in Greece, Spain and, most recently, Belgium.' 'Those ports handle about 10 percent of Europe's shipping container capacity,' points out Ambassador M K Bhadrakumar.
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
'I will be announcing my decision on the Paris Accord over the next few days. Make America great again!' Trump said.
Gold fell to, and held near-term support at $914.00 in overnight trading in Asia before turning higher in the morning hours, ahead of the New York opening. New York spot trading opened with gold at $ 926, up $ 1.20 as players watched the dollar dropping under 71.60 on the index, and crude oil rise to just above $ 111 per barrel. Silver was down 6 cents on the open, quoted at $17.68 but the noble metals took a harder fall. Platinum lost $48 at $1960.00 & palladium dropped $13.
Trump and Macron's handshake was white-knuckle prolonged one, with as usual fierce, crunched bones, tightened jaws and both had a fixed smile and as per the French president was entirely intentional.
A search for spectacular skylines today leads to the East, where the real estate sector is literally soaring to new heights.
Italian Premier Matteo Renzi also expressed satisfaction with the Indian Supreme Court's decision.
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
Datawind, maker of low-cost Aakash tablet PC has announced it will offer one-year free unlimited Internet on its Ubislate tablets sold through south Indian retail chain UniverCell.
Jim Walker of CLSA believes that the sub-prime mortgage markets will impact the US credit system. In his view, global equity markets will factor in more risks.
Terming the US current account deficit as "unsustainable", the International Monetary Fund has said it could have a significant adverse effect on interest rates and global capital markets.
'Singh apprised the Japanese leaders about Islamabad's 'evil design' on Kashmir at a time when Pakistan has decided to internationalise the issue.'
Prime Minister Narendra Modi's phone call to Trump will help restore a degree of sanity to Indian statecraft and diplomacy, notes Ambassador M K Bhadrakumar.
Ashish Narsale explains what a notch is and lists some top selling notch phones
The index collected available data for 149 countries.
Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.
'If Islamic extremists regain power in Afghanistan, Pakistan will lead them to Kashmir as a fighting arena again. India needs to fortify Kashmir and prepare against these Islamic extremists before they come again.'
London is the best place in the world to live in, leading NRI industrialist Gopichand P Hinduja has said that after travelling around the globe, he found "home" in the British capital.
'Wing Commander Abhinandan would not have even worried if he was going to cross the LoC or not because he was not going to let go of a shot.'
As 2018 draws to a close and the white noise of 24-hour news cycles and Twitter storms fade into the background, it is already clear that history will remember only a handful of those people, each of whom has taught us something about ourselves and the rapidly changing world in which we live.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
The keynote address will be given by United States President Donald Trump
United States President Barack Obama on Thursday announced additional sanctions on Russia primarily targeted at its economy, certain individuals and a bank, in response to Russian action in Ukraine.
News of all that's transpired on and off the football field
Emerging nations have discussed delinking the quotas from the governance reforms to facilitate its passage.
The Opposition in the Pakistan Punjab assembly on Tuesday staged a walkout to protest against Saeed's detention.
We sorted through countless photographs taken around the world to come up with the top photos of 2019. Together these images tell the story of the year -- capturing moments of hope and heartbreak, triumph and tragedy.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
The accountancy giant said the rapid rise of the Indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to the third largest by 2030.
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
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