New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.
Gold prices dropped by Rs 4,100 to Rs 121,800 per 10 grams in the national capital and slipped below $4,000 an ounce in the global markets on Tuesday as easing US-China trade tensions dampened safe-haven appeal. According to the All India Sarafa Association, the precious metal had closed at Rs 125,900 per 10 grams on Monday.
Chinese Ambassador to Pakistan Jiang Zaidong urged that the government should launch a crackdown against all anti-China terrorist groups after two deadly attacks took place in Pakistan within only six months, The Express Tribune reported.
US President Joe Biden is set to meet his Chinese counterpart on Wednesday in the San Francisco Bay Area, CNN reported, citing senior US administration officials.
Chinese Foreign Minister Wang Yi will visit India for border talks with NSA Ajit Doval, ahead of PM Modi's visit to China for the SCO summit. The visit aims to improve bilateral ties after recent tensions.
India is awaiting a written confirmation from China on President Xi's participation in the G20 Leaders Summit, Muktesh Pardeshi, Special Secretary for G20, said on Friday.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
'As one former Indian diplomat put it to me, Delhi has access to the White House, but Islamabad has access to Mar-a-Lago.'
The 2025 US National Security Strategy marks a major pullback, with America turning backward and effectively allowing China greater dominance in Asia. while long-time partners like India are left to face an increasingly unstable global order largely on their own, observes Rajeev Srinivasan.
External Affairs Minister S Jaishankar is scheduled to visit China for an SCO conclave, marking a significant step in easing tensions after the 2020 border standoff. Discussions on the boundary dispute are also anticipated.
China on Thursday said the meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Russia's Kazan on Wednesday carries a "great significance" as they reached an "important common understandings" to improve the bilateral ties.
Making waves with trade deals worth billions of dollars during his first European tour, President Xi Jinping put up a strong defence of the monopoly of power by the Communist Party of China saying that China had settled for a one-party system after unsuccessful experiments with multi-party democracy.
India and China have reached new common understandings agreeing to conduct normalised management and control of the boundary during Foreign Minister Wang Yi's visit to New Delhi, Beijing said.
Wang is travelling to India days ahead of Prime Minister Narendra Modi's planned trip to the Chinese city of Tianjin to attend the annual summit of the Shanghai Cooperation Organisation.
India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.
He said that US intelligence shows that Chinese President Xi Jinping has instructed his nation's military to 'be ready by 2027' to invade Taiwan.
India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.
The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.
According to sources, India would be invited to the new proposed forum, while countries like Sri Lanka, Maldives, and Afghanistan are expected to be part of the grouping.
Chinese President Xi Jinping, who kicked off his India visit on Wednesday from Gujarat, visited the Sabarmati Ashram of Mahatma Gandhi in Ahmedabad where Prime Minister Narendra Modi gifted him a copy of the Gita written in Chinese language.
Except for Xi, 69, all top officials including the number two leader, Premier Li Keqiang will be replaced in the massive reshuffle to follow in the days to come, which included a new foreign minister replacing the incumbent Wang Yi.
'If China shows greater concerns for Indian interests, ties could improve. Otherwise, the thaw could be short-lived.'
Trump also said he is "very disappointed" that India would be buying "so much oil" from Russia.
Praising the Indian students awarded at the function, he said the young generation is the hope of the two countries.
"What I think is important is what is the position which that country has taken, how much that country has contributed to the deliberations and the outcomes," he said.
Uzbek President Shavkat Mirziyoyev chaired the 22nd SCO summit in Samarkand which was attended by Prime Minister Narendra Modi.
Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.
Chinese President Xi Jinping on Wednesday pledged to strengthen the strategic relationships with neighbouring countries by 'appropriately' managing differences and enhancing supply chain ties as China's tariff war with the United States escalated.
Speculation is rife that Xi is likely to make an attempt to initiate peace talks between Russia and Ukraine to end the ongoing conflict in Ukraine.
Two days ago, the Chinese foreign ministry following a meeting between NSA Ajit Doval and top Chinese diplomat Wang Yi in Johannesburg claimed that Xi and Modi had reached an 'important consensus' on stabilising bilateral ties at the interaction on the margins of the G20 Summit last November.
China firmly opposes the Trump administration's 50 percent tariffs on India as it is "unfair and unreasonable" and New Delhi and Beijing should scale up economic ties to jointly counter the challenge, Chinese ambassador Xu Feihong said on Monday.
China promised to address three key concerns of India, the sources said.
Twenty-six foreign leaders, including Vladimir Putin and Kim Jong Un, will attend China's V-Day commemorations on September 3. Japan has expressed concerns about the event's anti-Japanese overtones.
According to informed sources, Doval will arrive in Beijing on Tuesday to attend the crucial talks, which were expected to provide a way forward for the two countries to normalise the relations.
Xi is widely expected to continue in power for life.
India and China reviewed the situation along the Line of Actual Control (LAC) in eastern Ladakh and prepared for the next Special Representatives' dialogue on the boundary question.
A powerhouse line-up mixing Hollywood, diplomacy and corporate America streamed into the White House for President Barack Obama's lavish state dinner for Chinese President Xi Jinping.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
National Security Advisor Ajit Doval stated that India-China relations have shown an "upward trend" in the past nine months, with peace prevailing along the Line of Actual Control (LAC). This statement was made during talks with Chinese Foreign Minister Wang Yi on the boundary issue, ahead of Prime Minister Modi's visit to China for the SCO summit.
During his just-concluded visit to China, Muizzu, regarded as a pro-China leader, sought to align Maldives closer to Beijing and both countries elevated their ties to a strategic partnership.
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