Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
In a statement after a meeting between Trump and Pakistan Army chief Asim Munir at the White House on Wednesday, the Inter-Services Public Relations -- the media wing of the Pakistan Army -- said they also discussed joint counterterrorism efforts.
Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.
Pakistan Prime Minister Shehbaz Sharif has called on "brotherly" countries, including Saudi Arabia, to urge India to de-escalate tensions after the Pahalgam terror attack that killed 26 people. Sharif met with ambassadors from Saudi Arabia, the UAE, and Kuwait, reiterating Pakistan's commitment to peace in South Asia. He rejected India's accusations linking Pakistan to the attack, emphasizing Pakistan's own history as a victim of terrorism. The meeting comes amidst heightened tensions between the two countries.
'Surgical strikes or air strikes, or both, are likely on the table.'
'You've got to understand it is not easy to die by suicide.' 'People commit suicide only when they lose everything and find no other way to live.'
Anura Kumara Dissanayake, the leader of the Marxist Janatha Vimukthi Peramuna's (JVP) broader front National People's Power (NPP), on Sunday consolidated his lead in the Sri Lanka's presidential election.
'...without massive amounts of force.'
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
Cricket Australia is monitoring the situation in Sri Lanka ahead of the tour.
The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.
The Israel-Iran conflict has entered a 'decisive phase' after the United States bombed three major Iranian nuclear sites Sunday morning, feel strategic affairs experts with some of them arguing it was Washington, DC's 'responsibility' to not get involved in the military standoff.
Zohram Kwame Mamdani would be the city's first Muslim and Indian American mayor if elected New York mayor this November.
In a dramatic turn of events, Prime Minister Mark Carney's Liberal Party secured victory in Canada's federal election, overcoming earlier predictions of defeat.
'There's a lot of sense in what Prime Minister Modi did, but the Indian government has to be really prepared for a really sharp escalation spiral.'
If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.
Gold medallist Arshaf Nadeem brings Pakistan's first medal home to hero's welcome
The Biden team updated its website to showcase four policy areas the incoming administration will prioritise: COVID-19, economic recovery, racial equity and climate change.
The report 'Indian FDI falls in global economic crisis: Indian multinationals tread cautiously' by the Columbia Law School and The Earth Institute at the Columbia University said after growing faster than other emerging markets for some time, Indian investments abroad declined in 2008 and will decline further in 2009 in an uneven pattern.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
The German football body will decide on the criteria for the distribution of the solidarity fund.
The Great Depression, that began almost 10 years before World War II broke out, is said to be the worst-ever financial crisis that the United States and many other nations across the world ever witness to.
'Unfortunately, India and Pakistan could learn a 'lesson' from this conflict that will make them more likely to use these weapons against each other in the future.' 'Rounds of missile and drone attacks could be more routine features of their hostility, just like artillery fire has become a familiar fact of life along the Line of Control.'
The economic recovery is faltering and even the fast growing emerging markets are slowing down, says Prime Minister Manmohan Singh.
Pakistan was waiting for an opportunity to bring the Jammu and Kashmir issue to the global agenda and resorted to the terrorism route to provoke India, observes Ambassador T P Sreenivasan.
'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
'Everyone in Dhaka today is aware that that they need good relations, normal relations with India, but the question... but it's premature to think about that now, right now it is a crisis moment'
United States President-elect Barack Obama on Monday officially unveiled the economic team that will assist him in tackling what he termed 'an economic crisis of historic proportions'.Obama has named New York Federal Reserve President Tim Geithner as US Treasury Secretary and former Treasury Secretary Larry Summers as chief of the National Economic Council.
He said it is evident that the crisis has touched all segments of the economy and the society and that it 'could assume the proportions of an economic emergency unless it is handled with determination, clarity of thought and creative new approaches'.
India has been ranked as third best country that will tide over the global economic crisis by a worldwide survey among business persons to understand the business morale and impact of the economic downturn.
Sri Lanka's ministry of defence on Tuesday ordered the army, air force and navy personnel to open fire on anyone looting public property or causing harm to others amidst violent protests in the island nation over the unprecedented economic crisis.
The funds revealed by Australian players will go towards programmes by UNICEF that support nutrition, healthcare, safe drinking water, education, and mental health services for 1.7 million vulnerable in-need children in the country.
It seems in the geopolitics of the 21st century, we can see the subcontinent acting as one geopolitical entity to secure its economic interests. Key to this transformation is a strong India that is pre-eminent but not dominant, notes Colonel Anil A Athale (retd).
'He is intrigued by the intractability of Kashmir issue. With his interest in dealmaking and peacebrokering, he sees it as an exciting challenge to tackle.'
As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.
Strauss Khan argued that the stimulus measures adopted by countries to combat the global crisis should be withdrawn only when the economic recovery has taken hold and unemployment is set to decline.
Basil had negotiated the Indian economic relief package to help Sri Lanka tackle the current foreign exchange crisis.
Kharge claimed that the Centre accepted "intelligence failure" in an all-party meeting and said it should be held accountable for "not reinforcing" security arrangements in Kashmir to protect people.
