'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
The 2.3 million strong People's Liberation Army, the world's largest, adopts a more aggressive posture with massive structural revamp.
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.
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.
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.
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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.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
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.
The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.
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.
'All hydropower projects in the Himalayan region must be stopped.' 'Joshimath is not alone.'
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."
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.
In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.
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.
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.
Russia has almost completed the delivery of major components of the second regiment of the weapon systems.
China will open up service sectors such as education, finance and culture for FDI to remain an attractive destination for overseas investment.
'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.
'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.
China's closer and enhanced relationship with Pakistan is putting considerable strain in India-China relations, says former RA&W officer Jayadeva Ranade.
India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
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.
Chinese Foreign Ministry spokesman Lu Kang displayed a photograph of Indian 'incursion' into Donglong area.
'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.
Economic recovery from the pandemic in the US has helped India achieve the $400-billion mark for exports for the first time in any fiscal year. According to the preliminary data compiled by the Department of Commerce, India exported goods worth $73 billion to the US from April 1 to March 21 - up 47 per cent, compared to last year. The US' share of exports, compared to total exports, stood at 18.2 per cent. The country is also India's largest trading partner and export destination.
The southern deep-sea port of Hambantota is considered strategically important for its location.
"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).
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".
'From what evidence has come up, General Bajwa somehow managed to tell the Americans that I was anti-American.' 'And so, it [the plan to oust me] wasn't imported from there. It was exported from here to there.'
The Chinese military, on the last day of its largest-ever military exercises to vent out its anger over United States House Speaker Nancy Pelosi's visit to Taiwan, carried out island saturation attack drills in the Taiwan Straits, amid global concerns of a full-scale attack to annex the breakaway island which Beijing claims is part of its territory.
'With Punjab and Kashmir in flames, it would not have been politically wise to alienate the West.' 'It would have inclined Western countries towards Pakistan.' 'It would have been a self-goal.'
'Professors can teach even when they are 90 because they don't lose their skill with words. Go deeper and there's spirituality in it.'
'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.
Indian officials said Doval's visit will be rescheduled as he is preoccupied with the handling of the Pathankot incident.
'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'
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