US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
'I remember our priests saying that he liked sea food. So, they cooked sea food for him without masala and spice.' 'It seems he enjoyed Kerala food very much.'
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
China and Vietnam have an acrimonious relationship due to their standoff over the South China Sea, a huge source of hydrocarbons.
Modi's Vietnam visit is timely and crucial for several reasons. First, Vietnam lies at the heart of India's vision for Southeast Asia as also its 'Act East' policy. India also wants to boost its defence exports to friendly countries. And it is looking to increase trade between the two countries will now is only $7.83 billion, says Dr Rahul Mishra.
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
There have been growing global concerns over China's sweeping claims of sovereignty over all of the South China Sea, a huge source of hydrocarbons.
India on Saturday extended $500 million (Rs 3,328 crore) Line of Credit to Vietnam for facilitating deeper defence cooperation with the south east Asian nation, as the two countries elevated their ties to a Comprehensive Strategic Partnership to respond to emerging regional challenges.
On India, the chart showed that the country charged 52 per cent tariffs on the US "including currency manipulation and trade barriers," and America will now charge India "discounted reciprocal tariffs" of 26 per cent.
"Their Prime Minister just visited -- he's a great friend -- but I told him, 'You're not treating us right. You charge us 52%, while for years, decades even, we've c'harged you next to nothing. It wasn't until seven years ago, when I took office, that we started pushing back, beginning with China.'"
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
India's campaign came to a halt at the Vietnam Open Grand Prix badminton tournament after Sameer Verma went down to second seed South Korean shuttler Lee Hyun-il in straight games in Ho Chi Minh City, Vietnam, on Friday.
Pradhan said a team of officials of state-run Indian Oil Corporation had visited Vietnam and explored some business ventures
When Vietnam's India born Foreign Minister Pham Binh Minh arrives in New Delhi on Wednesday evening, he will have many areas of similar interest to discuss with his counterpart, External Affairs Minister Salman Khurshid.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Soon after he was sworn in by Vice President J D Vance, US Secretary of State Marco Rubio hosted External Affairs Minister S Jaishankar, Penny Wong from Australia and Japan's Iwaya Takeshi for his first multilateral meeting as the top American diplomat.
55% Indians fear that their skills could become partially or fully obsolete within the next five years.
United States President-elect Donald Trump's plan to overhaul the government with a new department headed by tech billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy will be a biggest threat for China as it has to compete with far more efficient US political system, a policy advisor to the Chinese government said.
United States President Joe Biden was caught on a hot mic telling leaders of the Quad nations that China was testing them, thus reflecting upon the American seriousness of the emerging Chinese threat.
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.
Yagi, the 11th typhoon of this year, made two landfalls in China on Friday, first striking Hainan and later Guangdong province.
Keen on expanding oil and gas explorations in Vietnam's East Sea, energy-hungry India today said it will be a "win-win" situation for both the economies.
The South Koreans, meanwhile, secured their first win in Group B as Paulo Bento's side saw off Lebanon in Suwon.
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
Ever since the Quad started taking shape in 2007, China has been saying that the four-member grouping will be bound to fail. But much to the chagrin of Beijing, it picked up pace in the recent years emerging as a premier strategic group especially challenging China's assertiveness in the disputed South China Sea.
The medals tally at the Paris 2024 Paralympics.
Modi said both sides expressed commitment for an open, efficient and rules-based regional architecture and to expand bilateral maritime cooperation further.
Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.
The simmering row between China and Vietnam over the disputed South China Sea came to the fore on Tuesday with Hanoi protesting over a Chinese patrol vessel firing on its fishing boat and Beijing defending its action as "legitimate and necessary" to protect sovereignty.
China, which is the second highest spender on defence after the United States, has allocated 1.67 trillion yuan (about USD 232 billion) for defence spending.
Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).
As Vietnamese Prime Minister Nguyn Tan Dung prepares to undertake his maiden visit to India early next month, Hanoi wants greater economic engagement with New Delhi to counterbalance China's growing clout in South East and East Asia.
Prime Minister Narendra Modi and US President Joe Biden will have a substantive engagement on the sidelines of the Quad summit on Saturday, and the two sides will sign at least two agreements following the talks.
Two-time Olympic medallist PV Sindhu and HS Prannoy have been handed relatively easy groups for the Paris Games, which begin on July 26.
Defence, security, science and technology, trade and culture are some of the issues on the plate for the talks.
The Indian trio of Jyothi Surekha Vennam, Parneet Kaur and Aditi Swami ousted World No. 4 USA 233-229 in the semi-final.
But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.
