'India has the potential to reduce its trade deficit with China by $8.4 billion in FY21.'
A recent article in the Chinese Communist Party newspaper appears to be more categorical in conveying a message: US-India 'unified strategy' on all major regional issues is possible and that may change the strategic situation in South Asia. This shifts the focus on indications to China's possible counter moves in the future.
Asked for China's comments on India not joining the RCEP deal over concern of cheap Chinese products potentially harming its domestic industry, Chinese foreign ministry spokesman Geng Shuang told the media in Beijing on Tuesday that China welcomes India joining the deal.
Prime Minister Narendra Modi on Wednesday undertook an aerial survey of affected areas in Gujarat and the adjoining Union territory of Diu to assess the devastation caused by Cyclone Tauktae.
Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation. This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo. RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020 in an off-policy cycle to perk up demand by cutting the interest rate to a historic low.
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
AP Moller-Maersk, one of the affected entities globally, operates the Gateway Terminals India at JNPT.
A day after Cyclone Yaas tore through coastal Odisha and Bengal to cause havoc as far as Jharkhand, tornadoes, torrential rains, bridge collapses and swelling rivers continued to plague eastern India as people tried to pick up their lives amid the debris of swept away mud homes and swamped farmlands.
'The worry among many international actors is whether there will be stability to provide assistance to the government because the political developments in the last few months are a real concern.'
With the Russia-Ukraine war roiling financial markets globally, the government may defer the mega IPO of LIC and wait for an opportune time to get the maximum value of its holding in the state-owned insurance behemoth, sources said. "It's a full blown war now so we will have to assess the situation for going ahead with the LIC IPO," a government source said. Finance Minister Nirmala Sitharaman, too, had indicated review of the IPO in view of the evolving geopolitical situation.
Severely critical of China, Pompeo, cited killing of Indian Army personnel in the Galwan Valley in eastern Ladakh in a clash with the Chinese military, and asserted that both India and the US are taking steps to strengthen cooperation against all threats and not just those posed by the Chinese Communist Party.
Until last month more than two-thirds of the Indian Army was deployed against Pakistan. Of 14 army corps, just four-and-a-half faced China, while more than twice that number was ranged against Pakistan.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
India is looking to tap its diplomatic missions abroad to enable grain exporters in the country to ship out wheat and corn as supplies from Russia and Ukraine are expected to remain disrupted for some time to come. Between the two items, pushing for wheat is easier because of a huge domestic surplus. "We are hand holding our exporters and support from various Indian missions abroad is also being channelised accordingly," a senior government official said. Global wheat prices have jumped since the Ukraine crisis started, with wheat futures in the US reaching their highest levels since 2008.
The BCCI is also mulling a couple of more windows in 2022 in case October-November is not feasible in India.
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad granted two weeks' time to the petitioners to respond to the Centre's stand on the matter.
Speaking with reporters, Gandhi said, "This (school) is India's future. Hate and violence has destroyed it. Nobody has benefited from this. Violence and hate are enemies of development."
According to officials, the board will inform students about the schedule 10 days in advance.
'But will there be matching action as far as tribals are concerned on the ground?'
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
The enhancement of combat capability by the two armies in the region came even as both the countries continued their efforts to resolve the dispute through talks at military and diplomatic levels.
Concerned by the terror attacks in Pune, Pakistan will send a two-member delegation to India to assess the security arrangements for the hockey World Cup starting on February 28 in Delhi.
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
'Look at the aggressive way in which a campaign against Friday namaz is going on in North Indian cities.' 'Even the Union home minister is part of this vicious campaign.'
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
'The Chinese navy is large and expanding both in numbers and capability by the day.' 'India too must take measures to safeguard its own interests, now and in the future.'
'Traditionally, the US tried to tamp down tensions whenever a crisis situation arose and deputed officials from Washington to travel to Delhi to counsel restraint.' 'This time around, no US envoy flew down to Delhi -- not even when tensions spiked and a flashpoint was reached last week,' points out Ambassador M K Bhadrakumar.
Fitch Ratings said with GDP growth of 6.5% and WPI-based inflation of 8.8%, India may have entered into a stagflation period in 2011-12.
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.
As Western Australia, Queensland and Tasmania closed their borders to South Australia on Monday, the country's cricket board on Tuesday got down to figure a way to get Australian white-ball, Test match and Australia A squads into Sydney to ensure the upcoming fixtures of the 300 million dollars season remain unaffected.
The education ministry released guidelines last week for the reopening of schools, including for thorough cleaning and disinfection of the premises, flexibility in attendance, no assessment for up to three weeks and ensuring a smooth transition from home-based schooling during the coronavirus-induced lockdown to formal schooling.
Cautioning that there will be social and psychological consequences for the rest of the country too, Guha said the migrant tragedy could have been averted or at least minimised if Prime Minister Narendra Modi had given them a week's notice to return home before the lockdown kicked in.
Extremely pleased with the way Rishabh Pant batted in the second innings, India's bowling coach Paras Mhambrey said the stumper-batter got the runs when the team needed them the most.
'Shastri told General Chaudhuri, 'I want to reach Lahore before they enter Kashmir'.' 'Today, many regard this initiative of Shastri as the first surgical strike.' A revealing excerpt from Dr Sandeep Shastri's Lal Bahadur Shastri: Politics And Beyond.
As rains continue to lash across Kerala days ahead of the expected onset of Southwest monsoon, the India Meteorological Department (IMD) on Sunday issued a red alert in five districts of the state for Sunday and Monday indicating extremely heavy rainfall.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Fitch Ratings director Thomas Rookmaaker said India's debt-to-GDP ratio is likely to rise to 76 per cent from 70 per cent currently due to wider fiscal deficit and low economic growth.
Another extension for General Bajwa in office at this juncture looks unlikely at this juncture, observes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The Indian Navy said it was in a high state of readiness to "deter, prevent and defeat" any "misadventure" by Pakistan in the maritime domain.
'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances