Move could be aimed at integrating operations with Indian subsidiary.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
In a veiled reference to China's aggressive military behaviour, Defence Minister Rajnath Singh on Thursday said exercising self-restraint in the conduct of activities and avoiding actions that may further complicate situation will go a long way in bringing sustained regional peace.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
The leaders of China and Taiwan met on Saturday for the first time since the formerly bitter Cold War foes split amid civil war 66 years ago.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
The Asian Development Bank (ADB) on Wednesday slashed India's GDP growth forecast for FY23 to 7 per cent from the earlier estimate of 7.2 per cent mainly on account of higher inflation and a tight monetary policy. India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in its second supplement to Asian Development Outlook Report 2022 (ADO 2022). "However, GDP growth is revised down from ADO 2022's forecasts to 7 per cent for FY2022 (ending March 2023) and 7.2 per cent for FY2023 (ending March 2024) as price pressures are expected to adversely impact domestic consumption, and sluggish global demand and elevated oil prices will likely be a drag on net exports," ADB said.
Taking a dig at China, Defence Minister Rajnath Singh on Sunday said 'some irresponsible nations' with their narrow partisan interests and hegemonic tendencies are coming up with wrong definitions of the UN Convention on the Law of the Sea.
External Affairs Minister S Jaishankar said on Friday that India and China are going through a 'particularly bad patch' in their ties because Beijing has taken a set of actions in violation of agreements for which it still doesn't have a 'credible explanation' and it is for the Chinese leadership to answer where they want to take the bilateral relationship.
Access to Sabang Port will allow the Indian Navy to dominate Malacca Strait more effectively, reports Ajai Shukla.
'We all grew around our mom's love for cooking and obviously we took it for granted. But now, I really miss it... I miss her.'
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.
Importers will now have to provide sufficient proof to the domestic customs authorities that the goods being imported have a minimum 35 per cent value addition in the country from which it is being exported to India.
The prime minister will have a tight schedule in the Philippines as besides attending the 15th ASEAN-India summit and 12th East Asia summit on November 14, he will have a series of other engagements including bilateral meetings with several leaders.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
As India seeks to deepen its engagement with the 10-nation bloc of small and medium economies, Modi said both India and the Association of Southeast Asian Nations are keen to enhance their cooperation in advancing balance, peace and stability in the region.
In its explanation of vote, India said 'we find that our views have not been reflected in the draft being considered for adoption today. We would like to reiterate that a consultative and constructive approach involving the neighbouring countries and the region, remains important as the international community strives for the peaceful resolution of the issue'.
She also addressed the Indian Community at a reception held in her honour in Jakarta.
The Summit comes at a time when China is flexing its muscle to tighten its grip over the disputed South China Sea.
Vettel came out on top, giving Ferrari their first pole position since 2012 with a masterful lap around the floodlit Singaporean track.
Malaysian fans say no to Premier League 'circus games'.
Mumbai's Bandra Kurla Complex moved down from 18th to 19th position.
On day 3 of his visit to Singapore, Prime Minister Narendra Modi has a busy schedule. Here are glimpses from PM's Singapore visit.
A Singapore court jailed a Lebanese referee for six months on Tuesday for accepting sexual favours to fix a soccer game, a day after two fellow countrymen were jailed for the same offence amid an international investigation into soccer corruption.
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.
China wants a code of conduct for troops on the India-China border areas. While the Indian side has reacted cautiously, it is not clear what effective additional protocols that the current proposed code will bring forth to usher stability in the border areas, says Srikanth Kondapalli.
Xi spoke of the importance of implementing the new development philosophy and advancing the new development paradigm of "dual circulation" in the country's new development phase to ensure a good start for the 14th Five-Year Plan (2021-25) period.
'India needs to be cautious that its differences with Pakistan do not obstruct SCO's functioning,' says Sana Hashmi.
'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.'
India wants good relations with Pakistan but the neighbouring country must stop terror activities directed against it as talks will get subdued under the din of bomb blasts, Sushma Swaraj said after taking charge as External Affairs Minister on Wednesday.
President Xi Jinping's visit may put relations between India and China on a new trajectory
Among the current FTAs with significant trade deficits for India, five are with countries from the 10-nation Asean bloc. Exports to the 10 economies stood at $ 37.4 billion in 2018-19, up by 9% year on year. On the other hand, imports were higher at $ 59.31 billion, up by 25% from the previous year's $ 47.13 billion.
An agreement to expedite the Jaitapur nuclear plant was expected to be signed.
'Lee Kuan Yew told me he used to look to India, especially the writings of Nehru and Sardar Panikkar, for guidance on governance.' 'It's ironic that India should have so much to learn of the spirit of democracy from his son,' notes Sunanda K Datta-Ray.
Sri Lanka and southern India could continue to experience higher than normal rainfall and this could cause further flooding, particularly urban flooding, in certain locations, the report said.
Blackmail on one side and bullying on the other doesn't make for a constructive partnership, says Sunanda K Datta-Ray.
The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
We have the highest suicide rate among 10 Southeast Asian countries.
