India and China are likely to hold the 16th round of high-level military talks on July 17 to resolve the issues in remaining friction points along the Line of Actual Control (LAC) in eastern Ladakh, people familiar with the development said on Wednesday.
A village built by China along the Line of Actual Control in the Arunachal Pradesh sector and mentioned in a recent Pentagon report, is in territory controlled by that country, sources in the security establishment in New Delhi said on Tuesday.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
China's national legislature -- the National People's Congress (NPC) -- on October 23 adopted the new law on the protection and exploitation of the land border areas which drew sharp reaction from India as it was passed amid the protracted military standoff between the two sides in eastern Ladakh region.
India will become the third largest economy by 2027-28, with a GDP of over $5 trillion, Finance Minister Nirmala Sitharaman said on Wednesday. Even going by conservative estimates, the size of the Indian economy will be $30 trillion by 2047, she noted. "It is possible that we will be the third largest economy by 2027-28, and our GDP will cross $5 trillion by that time. By 2047, it is a conservative estimate that we will reach at least $30 trillion in terms of economy," Sitharaman said at the Vibrant Gujarat summit.
China has been an aggressor against India along the Himalayan border, a top American diplomat nominated by President Joe Biden as his next envoy to Beijing has told lawmakers, stating that the US must hold the Chinese government accountable for failing to play by the rules.
'Nobody is talking about the inequality that is going to come.'
'India needs to adopt a more proactive policy of triggering exports to China.'
The bank will have initial authorised capital of $100 billion
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
He said that the Communist Party of China has used the COVID-19 pandemic as a smokescreen for ratcheting up their oppression of Hong Kong and advancing their control and influence throughout the region.
Official sources said withdrawal of tanks and other armoured elements from certain friction points is nearing completion while pulling back of troops from the North bank areas is being undertaken.
'Both sides should, therefore, focus on easing tensions in the friction areas by refraining from any actions that may lead to an escalation in the situation'
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.
Foreign Secretary Harsh Vardhan Shringla terms India's relationship with China as "complex".
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
'We must acknowledge China will use Pakistan against India.' 'We all need to know that these two countries are ready to destabilise India at all times.'
'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'
The 16th round of military talks between India and China on the lingering border standoff in eastern Ladakh will be held on July 17 on the Indian side of the Line of Actual Control (LAC) in the region, official sources said on Friday.
The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.
"I still have not heard a credible explanation as to why they chose to bring that size of forces to that sector of our border. Now, if peace and tranquility is disturbed and attempts are being made to change the LAC status quo unilaterally and large forces are brought to the border in contravention of written agreements, then obviously the relationship will be impacted," he said.
The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.
The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.
Defence Minister Rajnath Singh on Thursday defended the Agnipath scheme underlining that the future of youths joining as Agniveers would not be impacted, even as he said the government was 'open' to bring any change in it 'if required'.
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.
By jettisoning the vision of multilateral world in favour of a Han Empire, China has posed a major long term challenge to India. India must stand firm against Chinese expansionism but also keep a door open for future detente by making a clear distinction between Chinese people and the current Chinese leadership, observe Lieutenant General Ashok Joshi (Retd) and Colonel Anil Athale (Retd).
Chinese billionaire and Alibaba group founder Jack Ma is suspected to be missing following his mysterious disappearance from the public eye for over two months after Beijing's aggressive crackdown on his business empire.
Four Chinese soldiers were killed in the fierce clash with the Indian Army in the Galwan Valley in eastern Ladakh in June last year, the People's Liberation Army (PLA) acknowledged for the first time on Friday.
'India's behaviour violated agreements...It's a serious military provocation'
China routinely objects to Indian leaders' visits to Arunachal Pradesh to buttress its stand.
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.
Singh, in his address to the Indian-American community in San Francisco, also sent a subtle message to the United States that New Delhi does not believe in a diplomacy of 'zero-sum game' and its relationship with one country cannot be at the expense of the other.
'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'
The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.
In a scathing attack on Prime Minister Narendra Modi, Congress president Mallikarjun Kharge on Thursday said when the elections are over, people will only remember him as the PM who indulged in 'divisive and communal speeches filled with lies' to avoid an inevitable defeat.
'We must be careful because China has not given its design in Eastern Ladakh.'
The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.
In the fresh round of talks, the Indian side is expected to press for disengagement of troops as soon as possible in all the remaining friction points besides seeking resolution of issues in Depsang Bulge and Demchok.
