Most of India's reserves for war in the mountains have been sucked in by the standoff with China. A large part of India's airpower has also similarly been committed on the eastern border. By moving these reserves to the China border, India has been weakened vis-a-vis Pakistan. All in all, the nightmare scenario for India of a two-front war may well come true, warns Colonel Anil A Athale (retd).
'The Indian version is that the two top diplomats merely exchanged pleasantries, while the Pakistani side characterised the encounter as an 'informal dialogue'.' 'The truth, as always in such piquant situations, is somewhere in between.' 'It stands to reason that ice has been broken,' says Ambassador M K Bhadrakumar.
US companies and lawmakers had urged Kerry to talk tough on policies regarding India's rejection of patent suits.
IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.
The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).
India is in favourable position to attract foreign firms planning to relocate their manufacturing bases due to trade tension between the US and China, says Nomura.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
India maintains that the Kashmir issue is a bilateral one and no third party has any role in it.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
National artificial intelligence unit stuck for lack of anchor department
'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.
With Modi's international image seriously damaged -- perhaps, irrecoverably -- and Indian foreign policy finding itself in drift, we move on to the New Year in a depressing scenario, points out Ambassador M K Bhadrakumar.
When Obama signs the NDAA 2017 into law this week, the US-India partnership will be enshrined in US legislation, binding every succeeding administration, whatever its inclinations, to treat India as a 'major defence partner,' says Ajai Shukla.
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
Khan, who faced his toughest political test since assuming office in 2018 due to defections in his party and cracks in the ruling coalition, in a surprise announcement during an address to the nation on Sunday said he had advised the president to 'dissolve assemblies'.
Pakistan on Thursday accused India of using the Pathankot terror attack as an "excuse" to derail the bilateral dialogue process and said that talks are the best way forward to resolve outstanding issues, including "mutual concerns" related to terrorism.
Modi said the initiatives taken by the East Asia Summit in disaster preparedness and response are truly commendable.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
'China's vulnerability on the global stage has given an opening to India to push for its own interests,' notes Harsh V Pant.
Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.
Strongly hitting back at Pakistan for raising in the United Nations the issue of the killing of Hizbul commander Burhan Wani, India has said Pakistan "extols" the "virtues" of terrorists and uses terrorism as a state policy towards the "misguided end" of coveting the territory of others.
ICICI Bank chief Chanda Kochhar believes, India can grow if decisions on investment policy are taken quickly.
However, the report pointed out that the implementation of the grievance redressal process still has many gaps as "only 22 per cent of the consumers involved in a grievance redressal process were satisfied due to the uncertain timelines involved". The Real Estate (Regulation and Development) Act, 2016, was passed by Parliament in March 2016.
'The one aspect which no Indian military thinker would wish to see emerge is a LoC type of posture at the LAC.' 'The LoC is manned for 750 km and terrorist infiltration has led to the creation of a virtual fortress along its entire length.' 'Something mirroring this at the LAC is going to be expensive although deployment everywhere is not warranted there.' 'However, given the complete trust deficit, there appear few alternatives,' notes Lieutenant General Syed Ata Hasnain (retd).
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
RBI Governor cautioned against more volatility.
The central government should provide for free vaccination to all Indian citizens and greatly ramp up RT-PCR testing in both rural and urban areas, a group of former civil servants said on Thursday in an open letter to Prime Minister Narendra Modi.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Chandrasekaran, who is the co-recipient of this year's USIBC Global Corporate Leadership Award, also said it is possible to have a limited deal between India and the US before the elections there in November if both sides work together to get something done and not try to solve all issues at once.
By hosting the 10 ASEAN leaders on Republic Day, India amply demonstrated that ASEAN is a central pillar of its Act East policy. But is India 'central' for ASEAN, asks Dr Rahul Mishra.
'But an overthrow of the Afghan government would really embolden regional militant groups in a big way.' 'LeT and JeM could be emboldened, and prompted to replicate in Kashmir what the Taliban did in Afghanistan.'
Talking about the threat of terrorism, he said "As diverse and pluralistic societies, we both face threats from fundamentalist terrorism. Yet, we do not seem to be able to cooperate as effectively we should in some critical international forums dealing with this subject."
Pravasis have created a great impression among Americans about their maternal country, India, says Dr Joy Cherian, the first Asian American to be appointed to a sub-cabinet level position in the US government.
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
Average global growth prospects for the next 12 months and the next three years are 35 per cent and 49 per cent, respectively.
Two years into power, there is very little to show for the Modi government by way of 'achievements' on the foreign policy front, and his China, Pakistan policies are gasping for breath, says Ambassador M K Bhadrakumar.
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