The urban population of the Asia-Pacific region has been growing at the fastest rate in the world over the past 15 years, according to the Statistical Yearbook for Asia and the Pacific" released yesterday by the UN Economic and Social Commission. "This growth is having a knock-on effect," said Pietro Gennari, chief of ESCAP's Statistics Division. "We're seeing more and more people living in slums and also a negative effect on people's ability to access clean water.
Asia-Pacific saw the highest rate of CEO departures among the 500 global corporate giants, a new study reveals.
Prime Minister Narendra Modi will pay a three-day visit to the United States beginning September 21 to attend the annual Quad Summit and address the 'Summit of the Future' at the United Nations General Assembly.
In the ongoing saga of senior management resignations, Wipro announced on Monday that its chief technology officer (CTO) Subha Tatavarti has resigned. Her resignation will be effective from August 16, 2024. In a regulatory filing, the company said: "Subha Tatavarti, CTO, resigned from the services of the company to pursue opportunities outside Wipro."
Vice President Kamala Harris' White House bid gets a boost from legendary Indian music composer A R Rahman, who has come out in support of her 'vision for an equitable world', and recording some of his popular songs like 'Jai Ho' to inspire Indian American voters.
India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country's macroeconomic fundamentals are good. "India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by recovery in rural consumption, as there have been favourable harvests.
Samoa batter Darius Visser blasted six sixes to break the record for most runs from one over in a men's T20 International, against Vanuatu.
The group has campaigned over the years for the abolition of nuclear weapons.
Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.
Lieutenant Commanders Dilna K and Roopa A will remain at sea for 8 months. They will rely on wind power, do the repairs on the boat themselves and navigate some the world's most treacherous waters.
Lisa Curtis, who served as deputy assistant to President Trump and as National Security Council senior director for South and Central Asia from 2017 to 2021, said she expected the same bumps for India and the US, as in Trump's first term, including tariff, dependence on Russia over arms supply and oil purchase from Iran. Curtis, however, said both countries could never enter an alliance but develop a partnership that is "short of an alliance". She hoped them to achieve a cooperation that deters China, but also prepares both countries in case of a crisis or conflict, be it in the Taiwan Strait, the South China Sea, or another flare-up on the India-China border.
In its report, the International Air Transport Association said that in 2009 intra-Asia-Pacific travellers numbered 647 million compared to 638 million who travelled within North America, including domestic markets.
Asserting that "maritime muscle flexing" by some countries and other factors have made the Indo-Pacific region "more contested and more volatile," naval chief Admiral Sunil Lanba on Tuesday said that the Indian Navy has its task cut out as it has been a major security provider in the region.
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
The leaders also noted the "negative impacts" of the war in Ukraine with regard to global food and energy security, especially for developing and least-developed countries.
The recent stimulus measures announced by China have seen most analysts sit up and take notice.
'Our greatest enemies lie within us Kama -- selfish desires; krodha -- anger; moha -- attachment; lobha -- greed; madha -- pride and matsarya -- envy. Life is a constant battle against these dark forces. An enlightening excerpt from Priya Arora's book, Rama: A Man of Dharma.
Analysts were fearing that after the debacle, the clients of beleaguered Satyam Computer Services may be forced to review their contracts and may look at other offshore suppliers.
Admiral Samuel Locklear, commander of US forces in the Pacific, told the Shangri-La Dialogue, a high-level defence forum in Singapore, that PLA navy had started "reciprocating" US navy's tactics of sending ships and aircraft into the 200-nautical-mile zone off China's coast.
Britain's King Charles is on a personal visit to Bengaluru where he is staying at a sprawling integrative medical facility near Whitefield, sources said on Wednesday.
Internet giant Google is the most attractive employer for graduates from the Asia-Pacific region in a list of top companies which figures no Indian firm.
Among the 30 Sensex companies, Mahindra & Mahindra, Power Grid, Sun Pharma, Nestle, UltraTech Cement, NTPC, ITC, ICICI Bank, Titan, Bajaj Finserv, Bharti Airtel, and HDFC Bank were among the biggest gainers. IndusInd Bank, Adani Ports, Tata Steel, Reliance Industries, Axis Bank and Bajaj Finance were among the laggards.
As the largest producer of vaccines in the world, with 60 per cent of the global share, India is well-positioned to use its existing manufacturing capabilities to contribute to mass vaccine production and distribution needs for other countries in addition to meeting its domestic requirements, said Moody's.
Air India officials they should have received a passenger manifest from Canadian Pacific Air listing all the connecting travellers on a flight from Vancouver to Toronto.
Sinha replaces former Sebi chairman C B Bhave who served as the head of the Asia-Pacific regional committee of IOSCO from June 2009 till February this year.
Continued uncertainty or confrontation in the Asia-Pacific is clearly in no one's interest as it will affect major powers' attempts to restructure their economies and revive growth. Conflict would roll back the gains to each of our countries of 40 years of stability and peace, says Shivshankar Menon.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'
Speaking against the backdrop of sharp differences among East Asian countries over use of resources of mineral-rich South China Sea over which China lays sole claim, the prime minister said, 'concerted effort and collective action on the part of the countries gathered in the region can strengthen mutual understanding and help us address shared challenges'
A staggering $600 billion a year is needed for infrastructure development in the entire Asia-Pacific region, the United Nations has estimated.
Observing that India has always regarded the United States as a Pacific power, New Delhi's top diplomat based in Washington has said the Indian government is not looking at isolating China in this whole narrative of building better relations with the Asia Pacific region.
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
"When it comes to the Canadian matter, we have made clear that the allegations are extremely serious and they need to be taken seriously. We wanted to see the government of India cooperate with Canada in its investigation. Obviously, they have not chosen that path," State Department spokesperson Matthew Miller told reporters at his daily news conference.
Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. The US has doubled its share of the Indian crude market in the past few months, according to industry sources and ship-tracking data. Some of the increase in America's market share may have come at the expense of Russia, India's biggest crude oil supplier, said industry sources.
India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.
Citigroup has appointed Shirish Apte and Stephen Bird as chief executive officers for the financial services entity's Asia-Pacific operations, with immediate effect.
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
The report argues that in the face of climate change, countries in Asia and the Pacific "will need to change way they manufacture goods, raise crops and livestock and generate energy".
