'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.
India and China on Monday released the first encyclopedia on their age-old cultural contacts, tracing back their history to over 2,000 years, starting from the visit of Chinese scholar Huen Tsang to India in the 7th century to bring Buddhist scriptures to China.
The structure and the level at which the hotline would be set up is likely to come up for discussion in future meetings between the two countries at the military level, they said.
As soon as the Question Hour ended, Congress' Leader of the House Adhir Ranjan Chowdhury demanded that a discussion on the 'Indo-China border situation be held', saying late Prime Minister Pandit Jawaharlal Nehru had allowed a discussion in Lok Sabha on the India-China war in 1962.
The Indian side is expected to seek disengagement as soon as possible in the remaining friction points besides pressing for resolution of issues in Depsang Bulge and Demchok.
The 11th round of the Corps Commander-level talks began at around 10.30 am at the Chushul border point on the Indian side of the Line of Actual Control (LAC) in eastern Ladakh, they said.
It is learnt that the India's top military brass is constantly monitoring the evolving situation even as the United States said the aggressive behaviour by Chinese troops was a reminder of the threat posed by China.
Foreign policy is always a work in progress and ups and downs are built into foreign policy process. What is permanent is national interest. Hopefully, this year, which will also witness general elections in the country, will also clear clouds in the foreign policy horizon, observes Rup Narayan Das.
The decisions were mentioned in a joint statement issued by the two armies late Tuesday, a day after the sixth round of Sino-India Corps commander-level talks that lasted for 14-hours.
Jaishankar also said that there is a need to take the disengagement process forward.
India witnessed a 12 per cent year-on-year (YoY) jump in total household wealth last year, at $14,225 billion, according to the Global Wealth Report 2022 by Credit Suisse. The report also forecasts the number of millionaires in the country to more than double from 796,000 in 2021 to 1.6 million in 2026. According to the report, which is based on data for the wealth holdings of 5.3 billion adults across nearly 200 countries, global household wealth rose 9.8 per cent in 2021 to $463.6 trillion, driven by widespread gains in share prices and a favourable environment created by central bank policies in 2020 to lower interest rates but at the cost of inflationary pressure.
The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
Even when China's widely-publicised exchange with the World Health Organisation (WHO) in response to the queries over the reports of surging cases of mycoplasma pneumonia and influenza flu triggered the worldwide alert, including in India, China said the spike in respiratory diseases was due to an 'immunity gap'.
The Indian side is expected to present specific proposals at the talks to deescalate tension in Pangong Tso, Galwan Valley and Demchok -- the three areas in eastern Ladakh where the two sides have been on a bitter standoff for last one month, the sources said.
Mana is situated near Badrinath and devotees going to the Himalayan temple go up to the village for sightseeing.
It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.
EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.
"When wages rise in China, India, Brazil and elsewhere it helps relieve downward pressure on American wages," Labour Secretary Hilda Solis said.
'China, India and the US will compete and they will collaborate. This is the most important three-way relationship that the world will see,' says TCS Asia head Girija Pande.
India and China on Saturday held another round of military talks with a focus on taking forward the disengagement process in Hot Springs, Gogra and Depsang in eastern Ladakh and bring down the tensions in the region, official sources said.
Foreign Secretary Harsh Vardhan Shringla terms India's relationship with China as "complex".
Pentagon has sought direct dialogue between India and China 'free of any coercive aspects'.
In contrast, the dominant manufacturing superpowers of the late 20th century are expected to become less competitive.
The Indian Army has been matching up to the Chinese build up in both Pangong Tso lake and Galwan Valley, the two locations in Ladakh which have witnessed major reinforcement of troops in the last two weeks, sources said. There was very little chance of easing of tension anytime soon as both sides are aggressively holding onto their respective positions, they said.
Singh conveyed to Li that India wants to improve relations with China but it can happen only after peace and tranquillity are restored at the border, the sources said.
Speaking at a virtual conference of the World Economic Forum, the external affairs minister, at the same time, said the border row happens to be one part of the larger issue of how India and China adjust to each other when both are rising.
Arun K Singh, the Deputy Indian Ambassador to the US in a speech on India-China relationship said New Delhi believes it is in the mutual interest of India and China to work together, bilaterally and with other partners, to reduce uncertainty and create an international environment that is supportive to their domestic transformation efforts.
Senior officials from India, China and Russia will hold a trilateral meet in Beijing on Thursday to discuss the emerging situation in Afghanistan in the backdrop of the United States troops withdrawal that have sparked concern over the reemergence of the Taliban and the al Qaeda in the region.
On Jawaharlal Nehru's 134th birth anniversary, Utkarsh Mishra recounts incidents where the first prime minister showed exemplary courage, bravery and integrity.
Multiple rounds of talks have failed to yield any significant result in defusing border tensions. The last round of Corps Commander-level talks between both countries were held on November 6, 2020 in Chushul in Eastern Ladakh.
It took India and the Indian Army to show to the world that enough is enough and to challenge the neighbourhood bully, he said.
The talks are being held with an aim of resolving the ongoing standoff in eastern Ladakh and reaching an agreement on the last remaining friction point in the Hot Springs area which had emerged post April-May 2020 aggression shown by Chinese troops along the Line of Actual Control (LAC) in Ladakh.
'We had fired all our rounds and the Chinese were coming in. We had only our LMGs and guns. We did whatever we could, but ultimately, we had to surrender,' Brigadier Amar Jit Singh Behl (retd) tells Claude Arpi in an exclusive interview.
The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."
Raking up the border issue, Congress leader Rahul Gandhi on Friday said every individual in Ladakh knows that China has "taken away our land" and claimed that Prime Minister Narendra Modi's assertion that not an inch of land was taken away was "absolutely false".
China on Thursday said Beijing views the BRICS as an "open and inclusive" platform and it backs moves to expand the five-member grouping with "like-minded partners".
The global construction market is expected to soar to a size of $12.7 trillion by 2020 with the sector output likely to rise sharply over the next decade driven by emerging markets like India, China and Brazil, a report says.
The Army said it was also highlighted that completion of disengagement in other areas would pave the way for the two sides to consider de-escalation of forces and ensure full restoration of peace and tranquillity and enable progress in bilateral relations.
India, China and Russia on Thursday held a trilateral meeting on Afghanistan's security situation against the backdrop of the US' plans to withdraw its troops from the war-ravaged country, raising fears of re-emergence of Taliban and al-Qaeda linked elements.
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