China has chosen to keep New Delhi guessing, while retaining for itself the option of constantly changing facts on the ground and shifting the LAC westwards -- the strategy called 'salami slicing', notes Ajai Shukla.
If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about its intention to continue raising interest rates. Predictably, most currencies suffered against the US unit, with the bulk of the losers belonging to the emerging markets pack. Amid the volatility, the rupee, however, has displayed significant resilience and fared much better than most of its peer currencies.
This could impact non-resident Indians staying in countries such as UAE which does not impose income tax on individuals under local tax laws.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
'Gift-giving' - from free dinners and drug samples to promotional merchandise - seems to be driving drugmakers' marketing - a marketing prescription deeply entrenched in the industry. This is a well-oiled racket that sees pharmaceutical (pharma) companies 'gifting' doctors to push their respective drugs under the guise of marketing. But is there a cure in sight to end this unhealthy alliance? The recent controversy following the income-tax raids on Bengaluru-based drugmaker Micro Labs, makers of popular paracetamol brand Dolo-650, has brought this to the fore, again.
According to the Grant Thornton International Business Report, 45 per cent of businesses in the BRIC countries (Brazil, Russia, India and China) plan to increase investment in research and development over the next year, compared to just 18 per cent in the G7.
India deserves a rating upgrade in view of improvement in macro-economic situation, the conservative outlook of Standard & Poor's notwithstanding, Finance Minister P Chidambaram said.
This must be the first time in India's history that it has found itself bracketed with countries in a category which political scientists will not rate very highly if only because the group recalls Nazi Germany as one of its most infamous past members, notes Amulya Ganguli.
During the talks, both sides failed to reach on a conclusion and has agreed to meet again in June.
"We have very little time left for deciding on the chief guest and the process will be completed soon," a source familiar with the development said.
The current crisis has forced the government to announce measures to ensure that India becomes self-sustaining for any kind of bulk drug. The government says India will not depend on any other country for vital key ingredients for drugs within six years, reports Sheela Bhatt.
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
The chief of air staff said Chinese actions along the frontier including in the Ladakh sector are being monitored constantly and the IAF's overall preparations are part of continuing efforts irrespective of challenges from China.
India and Saudi Arabia have decided to further strengthen and deepen their counter-terrorism cooperation, nearly a year after Riyadh deported Abu Jundal, wanted in the 26/11 Mumbai terrorist attack.
The money will be used to build capacity.
The Chinese premier's visit may be considered rather moderately successful, which has covered a profusion of convergent ideas while leaving many more areas of divergence untouched, says Sana Hashmi.
Bikash Mohapatra picks six individual performances that proved decisive in India beating Australia 4-0 in the just-concluded Test series.
The decision to revise the target by $10 was taken in New Delhi at the India-Africa Ministers Round Table conference chaired by Commerce, Industry & Textiles Anand Sharma.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
Notwithstanding intense pressure by Tamil parties, India on Wednesday maintained suspense over its position on a resolution on human rights to be moved against Sri Lanka at the United Nations, with Prime Minister Manmohan Singh saying it will depend on the final draft.
The budget constraints notwithstanding, the All India Football Federation is looking for a technical director whose profile is bigger than former national coach Bob Houghton, according to AIFF officials.
There is widening gap between what the government's premier retirement fund makes on its investments and what it offers to employees. The Employees' Provident Fund Organisation (EPFO) makes the bulk of its investments in government-related securities. In other words, it lends to central and state governments and related entities. The interest it gets from these instruments is largely what it uses to pay interest to its subscribers.
Regional films may have prevailed over the country, but regional leaders still have far mountains to climb to reach Delhi, asserts Shreekant Sambrani.
Under the deal, Russia will provide design, technology know how and key materials to GSL for construction of the ships in India.
India has already shortlisted the names of two-three heads of states for extending invitation to be chief guest at the Republic Day parade.
India's Permanent Representative to the United Nations, Syed Akbaruddin, on Thursday lambasted Pakistan for peddling a false narrative on New Delhi and said there are no "takers for your malware here".
Notwithstanding National Investigation Agency slapping murder charge against two Italian marines, India will honour the assurance given to Italy that the duo will not face death penalty for allegedly killing two fishermen off Kerala coast.
Every time the Indian economy has faced headwinds due to international developments, the oil sector has played a crucial role, explains A K Bhattacharya.
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
'The PLA is under constant watch.' 'There is an escalation matrix. For every degree of escalation, responses are thought of and trained for.'
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
In the summit as well as in the inaugural '2+2' defence and foreign ministerial talks, the two sides are also expected to focus on the situation in Afghanistan and the rising threat of terrorism including from groups like Lashkar-e-Taiba and Jaish-e-Mohammed.
'The undiminished threat, therefore, has the potency of sustaining itself in multiple ways in the near and medium term.' 'The state agencies need to utilize innovative methods in countering radicalization and violent extremism to address this growing threat'.
It is learnt that the camp office in Lviv would be able to coordinate the evacuation of Indians to Poland and Hungary while the one at Chernivtsi would facilitate exit to Romania.
'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).
Carrying forward their engagement process, India and Pakistan on Wednesday announced new Confidence Building Measures, notwithstanding the unhappiness in New Delhi about Pakistani Foreign Minister Hina Rabbani Khar's meeting with Kashmiri separatist leaders.
Notwithstanding Pakistan President Pervez Musharraf terming as "intriguing" India's comment on Balochistan, New Delhi Sunday asserted there was nothing wrong in reacting to the "serious situation" in the neighbouring country.
India has decided to attend the ceremony where the Nobel Peace Prize will be presented to Chinese dissident Liu Xiaobo in Oslo on Friday, notwithstanding China's call for a boycott of the function.Although China has called upon all countries including India to keep away from the ceremony, New Delhi does not see it as a bilateral issue with Beijing. India is among 44 countries which has confirmed its participation.
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