'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
Prime Minister Narendra Modi on Tuesday met Myanmar's President U Thein Sein to begin a string of bilateral meetings with over 40 world leaders during his 10-day three-nation tour on the margins of key multilateral summits in Myanmar and in Australia and a visit to Fiji.
An array of Olympians and stars of sports niche and new arrive in the South Korean city of Incheon for the 17th Asian Games this month, bringing together some 10,000 athletes for a 16-day multi-sport spectacular second only in scale to the Summer Olympics.
The two leaders are expected to make brief remarks at the top of the meeting.
Japanese auto major Nissan on Wednesday said it is discontinuing Datsun brand in India, nine years after the company kicked off the marque's global relaunch in the country. Having failed in its ambitious global relaunch of Datsun, Nissan had in 2020 discontinued the brand in Russia and Indonesia, the other two countries along with South Africa and India which were marked as key markets targeting the entry level car segment. Confirming the move to discontinue the Datsun brand, Nissan India in a statement said, "Production of Datsun redi-GO has ceased at the Chennai plant (Renault Nissan Automotive India Private Ltd). "Sales of the model still continue (till the stock lasts)."
China which rejected the verdict initiated by the Philippines petition has stepped up air and naval patrols to assert its controls over the region.
After the European Union and the Association of Southeast Asian Nations, the eight-member South Asian Association for Regional Cooperation could soon have an anthem after an Indian diplomat in Kathmandu penned a song for the grouping to foster deeper regional consciousness.
'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
'Manipur is critical to India's Look East policy.' 'It's a strategic state. In the Second World War, the Japanese entered Manipur through Burma.' 'China can use the same direction to approach India.'
The week gone by has been full of drama and here we bring you all the action from the sporting field in pictures!
Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone segment in India, currently dominated by iPhone maker Apple.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
The procurement is expected to signal a major upswing in India's strategic ties with the Philippines which has been focusing on ramping up its naval prowess in the face of its lingering friction with China in the South China Sea.
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
China has invited India to be part of its new initiative to build a Maritime Silk Road which it says is aimed at improving connectivity and trade among Asian nations through the sea on the lines of ancient Silk Route.
Mr Modi has indicated he will carry on, and intensify, India's 'Look East' policy. But this start is hardly inspiring.
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.
China's desire to have India as part of its ambitious Maritime Silk Route makes strategic sense for both nations. However, it would involve substantive assurances from Beijing, says Dr Rahul Mishra
In a statement ahead of his visit to the Indonesian city for the G20 leaders' summit, Modi said he will also highlight India's achievements and its 'unwavering commitment' to collectively address key global issues.
Competitive video gaming, dubbed esports, is appearing for the first time at a major multi-sport event.
P V Narasimha Rao strongly felt that the reforms would have to be mindful of Indian concerns and would have to protect the interests of our poor and our working people, he said.
Pakistan's Senate has unanimously adopted a resolution asking the government to prepare a dossier on "Indian interference" in the country and send it to other nations and international institutions.
AirAsia will expand its network across ASEAN.
Indonesia's chief security minister Mahfud MD said on Monday the government would form an independent fact-finding team which would include academics and soccer experts as well as government officials to probe what happened.
Patience, as much as skill and flexibility, has become a necessary part of the armoury of Southeast Asia's top-ranked gymnast, Vietnam's Phan Thi Ha Thanh.
The resolution condemns additional Chinese provocations, including China's use of military force to change the status quo along the Line of Actual Control, construction of villages in contested areas, publication of maps with Mandarin-language names for cities and features in the Indian state of Arunachal Pradesh, and expansion of Beijing's territorial claims in Bhutan.
A state-run Chinese newspaper on Wednesdy included India among the nations which supported China's stand on the strategic South China Sea after Beijing rejected the verdict of a United Nations-backed tribunal that struck down the Communist giant's claims of "historical rights" in the disputed area.
External Affairs Minister S Jaishankar met United States Secretary of State Antony Blinken in Phnom Penh on Sunday and discussed bilateral ties, the raging Ukraine conflict, energy issues, G20 and the situation in the Indo-Pacific, days ahead of a possible meeting between Prime Minister Narendra Modi and President Joe Biden.
Arsenal, Everton and Stoke City have all agreed to play in this year's Asia Trophy in Singapore in preparation for the 2015-16 Premier League season.
World soccer's ruling body added that the decision had been taken following a meeting between its President Gianni Infantino and PSSI Chairman Erick Thohir.
It is learnt that the Chinese JF-17 was cheaper but could not match the technical parameters of the Tejas Mk-IA variant and the offer of maintenance of the Su-30 fleet as proposed by India.
Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.
Here's a look at how PM Modi's Malaysia visit unfolded.
A cargo ship missing for a week with 14 crew members, including Indians, is feared to have been hijacked in the piracy-prone South China Sea, prompting Malaysian maritime authorities to launch a search on Thursday.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
US State Department spokesperson Morgan Ortagus on Sunday said five years ago on September 25, 2015 the Chinese President, standing in the White House Rose Garden, promised 'China does not intend to pursue militarisation' of the Spratly Islands, and China's outposts 'would not target or impact any country'.
Much to the surprise of Beijing, Nepal's Parliament on Sunday ratified the contentious US-funded $500 million Millennium Challenge Corporation compact along with an interpretive declaration a day ahead of the February 28 deadline set by Washington.
Disney+ Hotstar reported its biggest decline in paid subscribers to date - a fall of 3.8 million subscribers, or 6 per cent of its total - in the October-December period. The drop in numbers came after two warnings by the company that Hotstar's paid subscriber base would shrink as it didn't have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
As the largest producer of vaccines in the world, with 60 per cent of the global share, India is well-positioned to use its existing manufacturing capabilities to contribute to mass vaccine production and distribution needs for other countries in addition to meeting its domestic requirements, said Moody's.
