Canara Bank has offered to help China recover its huge non-performing assets in the banking sector.\n
Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history." The World Bank on Wednesday closed a month-long window for nominations for its next president, with no alternatives announced to 63-year-old Banga.
India, Japan and the Unoted States on Friday kicked off their marine war games, Malabar Exercise, close to the South China Sea as they focus on deeper military ties and greater interoperability amid rising tensions in the region.
China and India, who are poised to spearhead global economic growth, should not be complacent but strive to enhance productivity and develop critical thinking skills
'Which will not happen.' 'Foreign Minister S Jaishankar has expressly refuted Beijing's statement that normalcy was returning to Sino-Indian relations.'
Will India really beat China in future or if not beat, can it at least catch up with it? We asked common people to speak on the issue and came across some interesting viewpoints.
In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.
Gen Pande, who was serving as the vice chief, became the first officer from the Corps of Engineers to helm the force.
China has sentenced a senior Tibetan religious leader, known as a 'Living Buddha', to eight-and-a-half years in jail for illegally occupying government land and possession of weapons, a news report said on Thursday.
Leander Paes feels India will find it tough in singles but the country can hope to win a medal in the Asian Games
Team Taiwan won't be at Winter Games opening ceremony
The Indian Army bravely prevented the Chinese PLA's attempts to unilaterally change the status in the Yangtse area of Arunachal Pradesh's Tawang sector on December 9 and confronted it with firmness, Defence Minister Rajnath Singh said on Tuesday.
'No one knows Pak and understands Pak better than China,' Chinese Foreign Minister Wang Yi said.
We have already suffered considerable collateral damage as a result of the war, and its continuance will continue to dampen our prospects for faster economic growth. We have a direct and legitimate interest in its early cessation, counsels former foreign secretary Shyam Saran.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
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.
Although the latest aggression by China has caught the attention of the nation, the countrymen have been kept in the dark about their ongoing numerous such transgressions, says R N Ravi
With the economic downturn continuing in western markets, India's third largest software exporter Wipro is seeing opportunities in the domestic market in a big way.
China has virtually rejected Prime Minister Narendra Modi's proposal to clarify positions on the Line of Actual Control and said it prefers an agreement with India on a Code of Conduct to maintain peace along the border.
India has the lowest labour force participation rate in South Asia and one of the lowest in the world, points out Aakar Patel.
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.
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.
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.
India and China met and spoke a lot this year, but failed to produce any meaningful results.
While China is bigger and feels mightier at the moment, Beijing's rulers would be well advised not to be tempted to provoke India, for that would only trigger a chain reaction around the world that would not serve anyone's interests, says Sanjaya Baru.
The talks are taking place in the backdrop of China blocking at the United Nations India's move to get Jaish-e-Mohammad chief designated as international terrorist. Doval is expected to raise this issue with Yang.
'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
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.
Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting Countries (OPEC) nations, mainly in the Middle East and Africa, had a 72 per cent share of all crude oil India imported in April 2022. This share slid to 46 per cent in April 2023, according to energy cargo tracker Vortexa.
Communist China has recently developed a great expertise in 'soul reincarnation', feels Claude Arpi
This is the third earthquake to hit seismically-active Nepal in a week.
'While China expressed reservations on the Indian role in the South China Sea, Beijing threw to the winds Indian concerns on Kashmir by announcing $46 billion in investments Pakistan occupied Kashmir,' says Srikanth Kondapalli.
Since 55 per cent of Indian trade passes through the South China Sea, and with over $5 billion investments in the energy sector in Vietnam, it is imperative India actively pursues its national interests in the region, says Srikanth Kondapalli.
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.
However, Denmark said it is difficult to conclude on the real intention behind this.
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.
India must formulate a new growth path to become a top Asian economy.
The Standing Committee on Water Resources has recommended renegotiating the Indus Water Treaty with Pakistan to address the impact of climate change on water availability in the river basin and other challenges which are not covered under the agreement.
