Given wild swings, investors are wondering where the metal market is going. There was a strong uptrend in industrial metal through much of the last three years due to fears of supply chain issues - first due to Covid-19 and then due to the Ukraine War. That uptrend broke down as it became apparent that global growth would moderate as inflation rose and Western Europe (the EU plus the UK) went into a near-recession and China was in a rolling lockdown.
'Is Xi's China stable?'
'No one can say whether the regime will fall all at once or if its leaders are devising a new solid and competitive -- anything but democratic -- model.' A fascinating excerpt from Francois Bougon's Inside The Mind of Xi Jinping.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.
'During disengagement, you don't find violence.' 'And that, too, the killing of a commanding officer.' 'This indicates that this is more serious than previous incidents.'
The sources said the exercise was a routine military drill by China.
The Games will also include five competitors from China's western Xinjiang region, media there reported, including two ethnic Kazakhs, one Uyghur, one Kyrgyz and one from China's Han majority.
Besides the scientists at the Indian Space Research Organisation, officials at the European Space Agency are also involved in tracking the lander module of the Chandrayaan-3 mission which is minutes away from making a soft landing on the surface of the moon, a senior scientist said on Wednesday.
The sustainable impact of this process is under scrutiny, Tripathi added.
There is a congruence of interests between Ukrainian intelligence and its Western mentors to destroy Wagner and eliminate it from the geopolitical chessboard altogether, argues Ambassador M K Bhadrakumar.
With developments like the Russia-China alliance and the rise of China in the Middle East, India's role has diminished though the India-Israel-US-UAE grouping may assume some importance in the future, observes Ambassador T P Sreenivasan.
The New Delhi G20 Declaration refers only to the "war in Ukraine" and noted with "deep concern the immense human suffering and the adverse impact of wars and conflicts around the world."
In New Delhi's corridors of power, debate continues on whether the navy even needs a third aircraft carrier.
China will host the third edition of the Asian Youth Games in Shantou in November next year, the Olympic Council of Asia said. The OCA has decided to hold the Asian Youth Games from November 20 to 28. The host city was decided by the OCA in 2019 but the dates of the multi-sporting event was announced on Wednesday.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.
'The military officers at China's National People's Congress reflect Xi Jinping's preference for elevating politically reliable, younger, officers with good professional qualifications,' says former RAW officer and China expert Jayadeva Ranade.
The India-Japan joint naval exercises are a strategic signal for China, observes Dr Rajaram Panda.
The Chinese have been objecting to the presence of Indian Navy ships in the region where it has significantly expanded its presence since 2009 through artificial islands and military presence.
Was Wang Yi'S visit intended to remind India of 1962, asks Claude Arpi?
The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.
The MEA spokesperson further said the actions and behaviour of the Chinese side since earlier this year along the LAC have been in "clear violation" of the bilateral agreements and protocols concluded between the two countries to ensure peace and tranquility on the border.
By the year 2027, which marks the centennial of the founding of the People's Liberation Army, China will build a fully modern military, a goal that is in alignment with the national strength and will fulfil the future national defence need, state-run Global Times quoted Chinese analysts as saying.
The defence minister, after inaugurating 44 bridges at an online event, also said that the situation along borders with both the countries remains tense.
A top United States senator has unveiled an 18-point plan, including enhancing military ties with India, to hold the Chinese government accountable for its "lies, deception, and cover-ups" that ultimately led to the global COVID-19 pandemic.
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
Multinational companies are ramping up in new markets on a scale that is incredible and presents opportunities for Westerners looking for jobs in India and China.
Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.
As per the sources, the discussions between the two sides include pulling back tanks and armoured vehicles from their present positions, and some development in this regard is likely to take place in the next few days.
'But unlike Bond who killed an individual, Israel is killing a nation.'
China on Thursday said it is in talks with the Taliban and called for an "objective judgement" on their actions after it seized power in Afghanistan, saying the militant group appears to be more "cleareyed and rational" and hoped that it will deliver on its promises, including protection of women's rights.
The resolution proposed by Russia that called for a humanitarian ceasefire in Gaza but made no mention of Hamas' attack on Israel.
Both nations have to find ways to be sensitive to each other's politico-strategic and economic concerns, say Dr Rahul Mishra and Sana Hashmi.
N R Narayana Murthy, co-founder of Information Technology giant Infosys, has lamented that economic activities in India were 'stalled' and decisions were not taken by the Manmohan Singh government in time in the Congress-led United Progressive Alliance-era.
China Central Television (CCTV), which holds exclusive TV rights for the NBA, did not air the first regular season game between the Toronto Raptors and the New Orleans Pelicans on its sports channel on Wednesday. It also chose to air the World Military Games in Wuhan instead of the second game of the day between the Los Angeles Lakers and the Los Angeles Clippers.
India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.
General Naravane said that operational readiness and modernisation will be among the top priorities of the army under his leadership.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'
India's exports contracted by 22 per cent, the steepest decline in the last three years, to $32.97 billion in June on account of global demand slowdown, especially in the Western markets like the US and Europe. According to the data of the commerce ministry, the trade deficit in June stood at $20.3 billion against $22.07 billion in the same month last year due to a fall in exports and imports. The inbound shipments during the month under review declined by a steep 17.48 per cent to $53.10 billion.
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