Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
With Lok Sabha elections months away, the visits are vital politically as these would showcase Modi's standing as a world leader to the home electorate.
Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.
After the occupation of heights by the Indian Army, the Chinese army has deployed around 3,000 additional troops of its combined arms brigade including its infantry and armoured troops near the Rezang la and Rechen La heights.
The Chinese have only created limited defences for protection of their posts which are located well in depth and much away from the Line of Actual Control, notes Colonel S Dinny (retd).
India and China agreed during their military talks on Sunday to stay in close touch and work out a mutually acceptable solution to the "remaining issues" in eastern Ladakh at the earliest, but there was no indication of clear forward movement in ending their three-year-long border standoff.
The last time the Chinese military had taken Indian soldiers captive was in July 1962 after a clash in Galwan Valley.
'China has forcibly occupied territory it had never occupied before, blocked Indian patrols' access to areas they had patrolled for decades and, most provocatively, killed 20 Indian soldiers.' 'Most countries would regard these as acts of war.' 'New Delhi has apparently taken off the table the option of evicting the PLA with force,' observes Ajai Shukla.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
China also said it will continue to share the flood data with India.
President Pranab's four-day visit to China that saw him meeting the top Chinese leadership and discussing the sticky boundary issue and cooperation in combating terrorism besides the need for a predictable nuclear regime.
'After 2011-2012, both our investment rate and savings savings rate have declined. 'Correspondingly, the savings rate in the economy as percentage of GDP, also has come down.'
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
'By not even acknowledging China's occupation of Indian territory Modi signalled to Beijing that he was not prepared to used forceful means to vacate the Chinese occupation, and that his government was reconciled to this loss of territory and accepted the fait accompli engineered by the PLA.'
The talks came a day after the two armies began a limited disengagement in a few areas in Galwan Valley and Hot Spring in a demonstration of their intent to end the row peacefully.
'China is in a good position to defuse financial risks.'
Since the June 15 clash, the PLA has inducted large numbers of troops, armoured vehicles and artillery along the LAC, from Depsang and Galwan in northern Ladakh to Hot Springs, Pangong Tso, and Chushul in central Ladakh, to Demchok and Chumar in southern Ladakh.
China continued to have pockets of poverty despite massive development.
'We actually have a problem because there may be too much activity in India.' 'Markets don't like too much concentration. But we are very happy with our collaborations in India.'
The International Monetary Fund (IMF) on Tuesday cut its projection of India's economic growth in 2022 to 6.8 per cent, as it joins other global agencies that have trimmed forecasts. The IMF had in July projected a gross domestic product (GDP) growth of 7.4 per cent for India in the fiscal year that started in April 2022. Even that forecast was lower than 8.2 per cent projected in January this year. India had grown at 8.7 per cent in 2021-22 fiscal (April 2021 to March 2022).
China's domestic debt is a major concern.
'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'
Special Representatives of China and India have held 19 rounds of talks to resolve the boundary issue.
The total assets of the superrich soared to 31 trillion yuan.
"We have seen movements in training areas. It is an annual exercise. They come for training. We also go to training areas. We have been keeping a constant eye on it. We have forces along the LAC and they are adequate to deal with any action or activity," Gen Naravane told India Today channel.
Women politicians bring to politics and policy a sensitivity that most of their male counterparts, at least until a generation back, lacked.
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
Within the army, there is growing concern that New Delhi will allow the Chinese to retain the territory they have occupied in the last month.
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
'We had tremendous faith in honorable Modiji in his second term as he was well-settled. Sadly that has been belied.'
Sources said India will not lower its guard and will maintain the current state of very high-level of combat readiness in eastern Ladakh till there are visible changes in the ground situation.
Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.
'I often see people try to put down China.'
'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'
Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.
In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
With the Indian Army having blocked the PLA several kilometres inside India, hundreds of soldiers from both sides remain in a tense face-off.
Indian cities need $840 bn investment over 15 yrs, says World Bank report.
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