The International Monetary Fund (IMF) has said India and China will account for half of the global economic growth in 2023, as the multilateral agency retained its growth forecast for Asia's third-largest economy for 2023-24 (FY24). "India remains a bright spot. Together with China, it will account for half of global growth this year, versus just a tenth for the US and euro area combined," the IMF said in its latest update to the biannual World Economic Outlook. Growth in India is set to decline from 6.8 per cent in 2022 (FY23) to 6.1 per cent in 2023 (FY24) before picking up to 6.8 per cent in 2024 (FY25), the global lender said while citing "resilient domestic demand despite external headwinds".
External Affairs Ministry Spokesperson Anurag Srivastava said the diplomatic and military talks have helped both sides to enhance understanding of each other's positions on the issue.
The US remained "watchful" over developments along India's frontier with China as it cannot take its eyes off the regional security issues, a senior American official said on Wednesday against the backdrop of the over 29-month border standoff in eastern Ladakh that has significantly frayed ties between the two neighbours.
Chinese foreign policy will acquire a more ideological and less pragmatic character. It will be conducted with more nationalist overtones, predicts former foreign secretary Shyam Saran.
China and India should put their differences on the border issue at a "proper position" in bilateral relations and stick to the "right direction" of bilateral ties, Chinese Foreign Minister Wang Yi said on Friday.
The ministry of home affairs has identified around 1,700 km of fencing that needs to be done, BRO's additional director general (East) PKH Singh said.
The talks came a day after the two armies began a limited disengagement in a few areas in Galwan Valley and Hot Spring in a demonstration of their intent to end the row peacefully.
"While we're at it, we're talking about China and India are going at it pretty good on the border, as you know. It's been very nasty," Trump told reporters on Friday evening at a White House news conference.
The disengagement of troops of the Indian Army and China's People's Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the ministry of external affairs last week.
The talks will focus on 'delimitation of the border, boundary management and a host of bilateral and international issues'.
The 62nd Raising Day of the Indo-Tibetan Border Police Force was commemorated with great enthusiasm at the Seema Dwar in Dehradun.
The two countries reviewed the situation in the region during a fresh round of online diplomatic talks under the framework of the Working Mechanism for Consultation and Coordination (WMCC) on border affairs.
The former Army Chief said India's relations with China will always remain "somewhat tense".
Defence Minister Rajnath Singh on Thursday defended the Agnipath scheme underlining that the future of youths joining as Agniveers would not be impacted, even as he said the government was 'open' to bring any change in it 'if required'.
Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.
Jaishankar said the last few years have been a "period of serious challenge", both for the relationship and for the prospects of Asia, noting that continuation of the current impasse will not benefit either India or China.
'Russia remains in a unique position since it has special strategic relations with both India and China and these relationships are independent in nature'
In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.
The move bears significance in view of the increased Chinese activities along the border and transgressions by China's People's Liberation Army (PLA).
'In Eastern Ladakh the Chinese attempted salami slicing.' 'Our response has been superb. Our military has responded magnificently.'
India and China on Friday agreed to hold the next round of military talks at an early date to achieve the objective of complete disengagement in remaining friction points in eastern Ladakh amid fresh sparring between the two sides on the prolonged Line of Actual Control (LAC) standoff.
Asked about the reports of the troops on both sides disengaging and moving back to their previous positions, Chinese foreign ministry spokesperson Hua Chunying told a media briefing in Beijing that both sides are taking steps to ease the situation along the borders.
'Why has the peace been kept?' 'Basically because there is a balance.' 'Maybe they think that balance has changed.' 'People can make mistakes. People can miscalculate.' 'If that is the cause, then I think what we have done, matching their build-up, etc, it is giving a good account of ourselves in the face-offs.'
In his conversation with Prime Minister Narendra Modi, President Xi Jinping stressed that improving China-India relations serves common interests and is conducive to peace and stability of the region and the world.
Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping India's concerns on the "unresolved" issues along Line of Actual Control (LAC) in eastern Ladakh during a conversation on the sidelines of the BRICS summit, Foreign Secretary Vinay Mohan Kwatra said on Thursday.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
When China protested strongly over the August decision on J&K -- not once but twice -- we ignored it. And to compound matters, we simply turned our back and walked over to the 'Quad' alliance with the US, upgrading it to ministerial level, and thereafter began following the American footfalls on Taiwan and COVID-19 to taunt and humiliate Beijing, observes Ambassador M K Bhadrakumar.
'Russian diplomacy is presumably at work.' 'The ground is slippery, because "territorial sovereignty" is a hugely sensitive issue,' says Ambassador M K Bhadrakumar.
'They also agreed that for the overall development of bilateral relations it was essential to maintain enduring peace and tranquillity in the border areas,' the MEA said in a statement.
India and China to hold the 11th round of corps commander-level talks at Chushul in eastern Ladakh at 10.30 am on Friday that is expected to focus on disengagement of troops in remaining friction points, sources within the Indian Army said.
India agreed to give up the Poonch salient as well as Uri. To the north India also proposed to give up land in the Gurez sector giving the entire Neelam/Kinshanganga valley to Pakistan. In return India sought control of the post dominating Kargil town, points out Colonel Anil A Athale (retd).
He said that "the state of the border will determine the state of the relationship, that's natural".
'but the terrorism issue should be fair, square at the centre of the conversation. It is the major issue ... I am not saying there are no other issues. But I am not going to duck that issue for the sake of talking'
Trump can afford to say that COVID-19 is a 'China virus', but we can't expect Modi to say that aloud while his actions may speak louder, says Rup Narayan Das.
Two days ago, the Chinese foreign ministry following a meeting between NSA Ajit Doval and top Chinese diplomat Wang Yi in Johannesburg claimed that Xi and Modi had reached an 'important consensus' on stabilising bilateral ties at the interaction on the margins of the G20 Summit last November.
Jaishankar also spoke about how he expected a change in Russia's direction towards the rest of the world and it may likely want multiple options in Asia.
'Vijay Gokhale's appointment as foreign secretary can be regarded as a certain 'adjustment' that could make a difference to the poor climate of India-China relations,' says Ambassdor M K Bhadrakumar.
Although the special relationship might compel Bhutan to be considerate of Indian interests, new challenges will likely arise. An emerging new phase of relations will also call for fresh redlines between India and Bhutan, observe Harsh V Pant and Aditya Gowdara Shivamurthy.
'Problems will keep recurring unless China vows to resolve all outstanding issues between the two sides,' says Sana Hashmi.
External Affairs Minister S Jaishankar on Wednesday took a critical view of some of the key decisions made by the Jawaharlal Nehru government, and said one needs to get out of this "cult worship" that the period from 1946 onwards was "great years" and the country did "splendidly".
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