There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
India's wholesale price-based inflation is at a 30-year high, leading to a "very alarming" situation for the country, former World Bank chief economist Kaushik Basu said on Thursday. He, however, doesn't see any risk of hyperinflation, but cautioned that if retail inflation follows wholesale prices, it might lead to "inflationary crisis". Participating in a virtual event organised by the Asia Society, India, Basu said the inflationary situation in India is at a "very risky bend".
Nepal PM said it maintain close ties with India, China while pursuing independent foreign policy.
If the policy is extended to NBFCs and co-operative banks, they will have to disclose divergence in asset classification and provisioning during RBI inspections in their audited financial reports. Till now, these entities have been exempted from this. At present, there are more than 98,000 co-operative banks and 10,000 NBFCs. Sources said the RBI would concentrate on the top 50 co-operative banks and NBFCs.
Modi praised Tamil Nadu as a special place and lauded the Tamil language as eternal and its culture as global.
The Chinese military, on the last day of its largest-ever military exercises to vent out its anger over United States House Speaker Nancy Pelosi's visit to Taiwan, carried out island saturation attack drills in the Taiwan Straits, amid global concerns of a full-scale attack to annex the breakaway island which Beijing claims is part of its territory.
'Jack', 'John' and 'Alpha' were among the National Investigation Agency's protected witnesses who helped nail banned Jammu and Kashmir Liberation Front chief Yasin Malik.
IOA president Narinder Batra had alleged that Sports Authority of India's TOPS (Target Olympic Podium Scheme) CEO Rajesh Rajagopalan was interfering in the functioning of federations. Sports Minister Kiren Rijiju, however, said the government has no such intention.
In a major move in 2016, the US had designated India a "Major Defence Partner" intending to elevate defence trade and technology sharing to a level commensurate with that of its closest allies and partners.
Chatterjee, whose early career was in the Indian Army, was decorated for gallantry by the President of India in 1995.
'There will be very strong interest in cooperating with India under any future American administration, but on the margins India will need to be careful not to tip its hand regarding the election.'
In a significant policy statement on the Taliban which is making big gains in its offensive in Afghanistan, China has asked it to make a "clean break" from all terrorist forces, especially the Al Qaida-backed Uyghur Muslim militant group ETIM fighting for the volatile Xinjiang province's independence.
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
Held on the first day of Spring by the Chinese calendar, it began with a performance by dancers waving glowing green stalks to convey the vitality of the season, followed by an explosion of white and green fireworks that spelled the word "Spring".
'When the war against Ukraine that Putin started is not going the way he was expecting it to and his military options are getting onerous, a bit of nuclear sabre rattling is what he hopes will turn things around for him and Russia.'
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
'Tehran senses that the Modi government is inexorably gravitating toward the US-Israeli-Saudi axis, jettisoning India's traditional independent Gulf policies,' notes Ambassador M K Bhadrakumar.
These are untied loans, meaning SBI has freedom to use this money to lend. They also do not come with any conditions attached for lending to specific projects or programmes.
Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
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.
Why is China's supreme leader promoting Han Chauvinism so aggressively, asks Claude Arpi.
A genuine attempt was made to reset relations in a positive way, signalling a stepping back from the brink of conflict, much to the relief of the world, observes Ambassador T P Sreenivasan.
Johnson was to spend a few days in India starting April 26 as part of a planned itinerary, which is expected to include finalising a UK-India Enhanced Trade Partnership.
Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.
After talks between the King and President Kovind, the two sides inked three pacts providing for cooperation in polar science, innovation and research and in maritime spheres.
Addressing the BRICS investment seminar in Mumbai ahead of the 5-nation Summit in Goa on October 15-16, Jaitley said the government has put FDI on automatic route in almost 90 per cent of the areas that are eligible for foreign direct capital.
Over 200 world leaders, including former presidents, prime ministers and ministers have backed a campaign urging the Group of Seven (G7) rich nations to help vaccinate the world's poorest from low-income economies against COVID-19 by paying two-thirds of an estimated $66 billion required.
India shifted gears in rejuvenating strategic ties with its major partners like the US and Russia and focused on drumming up global support for its distinct strategy in the Indo-Pacific to check Beijing's increasing muscle-flexing in the region.
The inaugural Sangamam turned out to be a political Hindutva function than a gathering on the Hindu religion, observes N Sathiya Moorthy.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
'Transformation of Ukraine into some kind of permanent strategic challenger, which Russia would have to contain and deter, spend a significant part of political and strategic resources on it.'
Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.
Johnson also reiterated his plan to visit India ahead of the G7 summit, after a scheduled visit for Republic Day this month was called off due to the coronavirus crisis.
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).
A confrontation with the Taliban in Kabul in this fading light of a twilight zone would have been sheer madness, observes Ambassador M K Bhadrakumar.
Both statesmen possess a cultivated pugnacious style which they keep in reserve and can at will bring into play, and despite the mutual distrust in Russian-American relations, they are proponents of detente, quintessentially, who take their mission deadly seriously, points out Ambassador M K Bhadrakumar.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
India has been maintaining that China has no locus standi in commenting on Jammu and Kashmir.
Beijing views the India-based Dalai Lama, the spiritual leader of the Tibetan people, as a separatist trying to split the Himalayan region from China.
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