Russian traders have started asking for payments in ruble for their exports to India in a move that could derail trade between the two countries which gathered pace after the war in Europe. This is because Indian importers are unable to pay in ruble. The India-Russia trade gathered pace after Vladimir Putin invaded Ukraine in February this year. In the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent year on year.
While many Western countries, including the United States, Britain and Australia, are diplomatically boycotting the Winter Olympics over China's human rights record, Putin will join a number of Beijing-friendly leaders at the Games.
India spent USD 63.9 billion on its military in 2017, an increase of 5.5 per cent compared with 2016 and of 45 per cent since 2008.
'India finds itself in an unenviable situation today with its prospects diminished by acutely polarised domestic politics and the setbacks suffered during the pandemic,' notes Ambassador Shyam Saran, the former foreign secretary.
This is the third earthquake to hit seismically-active Nepal in a week.
China on Wednesday announced a 12.2 per cent increase in its defence budget taking the military spending for this year to $132 billion, far above India's $36 billion.
The Congressman said the Chinese Communist Party has, unfortunately, botched its response to COVID-19, causing tremendous economic uncertainty and a slowdown in China's economy.
Dai Bingguo, who served as the China's boundary negotiator with India from 2003 to 2013, told Chinese media, "If the Indian side takes care of China's concerns in the eastern sector of their border, the Chinese side will respond accordingly and address India's concerns elsewhere."
'A participant in many rounds of the border talks with China once told me that China seemed not interested in resolving the border issue as it wanted to keep it as a ready excuse to intervene in the sub-continent,' says Colonel (retd) Anil A Athale.
China will open up service sectors such as education, finance and culture for FDI to remain an attractive destination for overseas investment.
As India and the United States are set to begin negotiations on two transformational deals -- Security of Supply Arrangement (SOSA) and Reciprocal Defence Procurement Agreement (RDP) -- the Pentagon has said that the defence industries of the two nations will come together once the negotiations conclude.
A new book reproduces original Chinese maps that contradict Chinese propaganda. The book reveals Chinese intelligence admissions that Beijing never maintained any army base, customs office or other government function in the disputed area until 1983.
Team Taiwan won't be at Winter Games opening ceremony
The two sides also decided on early operationalisation of the proposed hotline between the two armies as part of the confidence building measures, the defence ministry said.
China's closer and enhanced relationship with Pakistan is putting considerable strain in India-China relations, says former RA&W officer Jayadeva Ranade.
Heading G20 will give India a foreign affairs year like it has never had in history. You can trust Narendra Modi to exploit this to India's benefit. And, of course, to his own in his election year, explains Shekhar Gupta.
The order was issued a day after Shehbaz held a telephonic conversation with Chinese Premier Li Keqiang and among other issues also discussed the issue of security of Chinese in Pakistan.
Even as Pakistan continues to urge the international community to accept its membership to the Nuclear Suppliers Group, highly placed sources in the United States who are involved with the tracking of nuclear commerce have claimed that Islamabad is still selling nuclear materials to North Korea.
"There are multiple reasons for the current food crisis, primarily because of recent cyclones in Bangladesh and Myanmar, which destroyed the entire rice crops in these countries, also exporters of rice. Now they have to import rice instead of exporting it," External Affairs Minister Pranab Mukherjee said during the deliberations on the issue at the ministerial meet in Yekaterinburg (Russia).
External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.
Chinese Foreign Ministry spokesman Lu Kang displayed a photograph of Indian 'incursion' into Donglong area.
Finance Minister Nirmala Sitharaman has allocated a total of Rs 1,03,802.52 crore to the Central Armed Police Forces like the Border Security Force, Central Reserve Police Force and Indo-Tibetan Border Police. The amount is an increase of 7.1 per cent from the last year when the forces got Rs 92,848.91 crore.
Prime Minister Narendra Damodardas Modi and other dignitaries from around the world attended the State funeral for Japan's former prime minister Abe Shinzo at the Budokan in Tokyo on Tuesday, September 27, 2022.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
Riled by calls from United Nations Human Rights body and some Western countries to address the recurring self immolations in Tibet protesting Chinese rule, Beijing on Monday slammed them saying foreign nations should stop interfering in its "domestic affairs".
'In India, China's capacities to conduct new types of warfare is critically underestimated,' says Claude Arpi.
India's nuclear strategy, which has traditionally focused on Pakistan, now appears to place increased emphasis on China, the two experts claimed.
Notwithstanding its continuing military strikes against Ukraine, Russia has started supplying some components of the second regiment of the S-400 Triumf missile defence system to India, people familiar with the development said on Friday.
Anyone within range of China's expanding navy will have to build capabilities faster and/or work more closely with the US, as Australia has just announced, asserts T N Ninan.
Indian officials said Doval's visit will be rescheduled as he is preoccupied with the handling of the Pathankot incident.
Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.
Russia dominated Saudi Arabia in oil supplies as the world's fastest-growing major economy for fossil fuels in October, relegating the Kingdom to third place. Iraq was India's top oil supplier, according to the data from Vortexa. Saudi Arabia's decline in India's oil market has coincided with Russia's rise, and ironically occurred amid growing diplomatic ties between Riyadh and New Delhi. Saudi Crown Prince Mohammed bin Salman Al Saud is visiting India this month to meet Prime Minister Narendra Modi.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
China on Thursday released the first ever Chinese translations of the collective works of Nobel laureate Rabindranath Tagore.
India on Thursday approved capital acquisition of a plethora of indigenously-developed military hardware including indigenous BrahMos missiles, marine diesel engine, artillery gun system, electronic warfare suits and utility helicopters at a cost of Rs 70,584 crore as part of a mega procurement plan.
The Economic Survey 2022-23 (FY23), to be presented a day before Union Budget 2023-24 (FY24), is likely to project India's real gross domestic product (GDP) growth between 6 per cent and 7 per cent for FY24, Business Standard has learnt. The broader theme of the Survey could be on how India has dealt with two years of a global pandemic and the ongoing geopolitical disturbance, the strengths and weaknesses that emerged, and what lessons may be learnt. The much-awaited Survey will be the first one by Chief Economic Advisor V Anantha Nageswaran and his team in the finance ministry's economic division.
Company has secured orders for 450 C919 planes.
India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
The remarks of the top Biden administration officials this week came amid growing disquiet in Western capitals over India's refusal to directly condemn the Russian aggression in Ukraine and its decision to procure discounted Russian oil.
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