India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.
From early indications, the Modi government's foreign policy seems to be pragmatic and reciprocal, says K G Suresh.
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
Being a pragmatist Modi is not likely to give preference to China over Japan. Both security and economic aspects are likely to shape Modi's decision in terms of engaging the two biggest economies of Asia, says Sana Hashmi.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
'If the Russian forces do capture Kyiv and set up some sort of provisional government, they might run into an insurgency, for which the geography is just right, it could prove costly for them.' 'In that event, the whole exercise could turn out to be counter-productive -- and costly in both foreign policy and domestic terms.'
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.
'New Delhi feels that given the internal dynamics in Pakistan and the overwhelming powers wielded by the army, one will have to wait for better times to see any meaningful progress in the India-Pakistan relationship,' says Ambassador G Parthasarthy.
The Americans have expended a lot of diplomatic energy to coax India into toeing their line but India has refused to buckle under pressure. As Foreign Minister Subrahmanyam Jaishankar said, India has not taken anyone's side but its own side, points out Virendra Kapoor.
'We will take tough calls where needed in the interest of doing what is right.'
An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.
As India strives to make its Act East Policy a comprehensive politico-diplomatic and economic success, Brunei gains more salience, says Dr Rahul Mishra.
The key to scoring good marks in the Common University Entrance Test (CUET UG) lies in identifying target courses and then effectively strategising the preparation to achieve the desired goal.
'To simply let the rupee depreciate to any level according to market forces will not be in the country's interests.'
Jaishankar said all members would agree that India's approach should be guided by its national beliefs and values, national interest and by its national strategy.
NIMZ is conceptualised as integrated industrial townships with all-important elements to help the growth of infrastructure, clean and energy efficient technology, simplified business regulations and the necessary social and institutional infrastructure.
In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.
The Niti Aayog has finalised the first draft of a new national energy policy.
A new passenger train connecting Dhaka and New Jalpaiguri on the Indian side was inaugurated jointly by Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina via a video conference.
General Naravane's UAE and Saudi Arabia visits communicate India's long awaited arrival in the domain of integrated foreign policy where the diplomatic and the military domains both complement each other much more substantially, observes Lieutenant General Syed Ata Hasnain (retd).
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
Calling India an indispensable partner for the 21st century, United States Secretary of State John Kerry said on Monday the dynamism and entrepreneurial spirit of this bilateral relationship is needed to solve some of world's greatest challenges.
He says he has tremendous expectations from RIL's broadband digital services business.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.
Prime Minister Narendra Modi on Thursday asserted that the world community must reject any linkage between religion and terrorism while formulating a "genuinely international" partnership in the fight against all forms of terror acts.
Amazon
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, Union Minister Nitin Gadkari on Friday asked automobile manufacturers to reduce cost and forego profit initially to capture market and fuel growth. Once the market picks up there will not be any looking back, Road Transport and Highways and MSMEs Minister Gadkari said, promising all support to manufacturers in the initiative aimed at cutting India's huge import costs of crude and arresting pollution. The minister said he is scheduled to make an hour-long presentation on EVs before the Chief Justice of India post-Diwali.
India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
Trump's visit symbolised heightened partisanship and a return to chemistry between leaders defining bilateral ties, notes Kashish Parpiani.
'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.
India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
'For its part, Pakistan often gives safe haven to agents of chaos, violence, and terror.'
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.