The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
Outward remittances under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), driven by healthy growth across segments due to a revision in the timeline of tax collected at source under the LRS scheme and normalisation in international travel. Major drivers include equity and debt investments, deposits, and the international travel segment, among others. According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in the same quarter last year.
"We attach great importance to our trade, economic and political relations with India and want to maintain that relation," Stanekzai said.
Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
Asserting that both Prime Minister Narendra Modi and Chinese President Xi Jinping are 'responsible' leaders, Russian President Vladimir Putin on Saturday said they both are capable of solving issues between the two countries, and that it was important that no 'extra-regional power' should interfere in the process.
Rajapaksa said China indicated that it would help Sri Lanka, while adding that "usually they don't like" lending out more money to cover earlier debt payments.
The WADA first suspended NDTL in August 2019 for six months and extended the de-recognition period after its inspections showed that non-conformities still existed.
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
'India will come increasingly in the US crosshairs if it insists on maintaining its strategic autonomy, warns Ambassador M K Bhadrakumar.
He added that there was a proposal from France and UK some time ago for some restrictions in the use of the right of veto.
'No prime minister of India is averse to normalise relations with Pakistan, if it is possible to do so without altering our fundamental position on Jammu and Kashmir,' notes Ambassador T P Sreenivasan.
On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."
Bangladesh Prime Minister Sheikh Hasina is expected to travel to India on September 5 on a three-day official visit during which defence cooperation and regional stability are likely to be the focus of her talks with Indian counterpart Narendra Modi, an official said on Monday.
India on Thursday resumed its diplomatic presence in Kabul by deploying a team in its embassy in the Afghan capital, over 10 months after it pulled out its officials from the mission following the Taliban's capture of power.
'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
At the same time, it is learnt that Indian officials in Ukraine are facing growing complexities to evacuate the Indians to the neighbouring countries with Russian forces closing in on Ukrainian capital Kyiv and targeting several other key cities by land and air.
India's Right-wing has sought to own our democracy by making itself appear the stuff of majority, and sometimes, a national ethos older than the Constitution on which our democracy is based, argues Shyam G Menon.
With changes to Delhi's architectural map, a re-naming rash, and more Hindu symbolism in secular spaces, the government is making it clear it wants a clean break with post-colonial India, asserts T N Ninan.
Kakodkar had come to inaugurate the fourth Asian Particle Accelerator Conference at the Raja Ramanna Centre for Advanced Technology near Indore.
The reduction of tension on the Chinese border may have reduced the urgency of a Biden-Modi meeting, but the sooner Modi starts a bromance with Biden the better as he had done with Obama and Trump, suggests Ambassador T P Sreenivasan.
National Security Advisor Ajit Doval on Wednesday said that the Shanghai Cooperation Organisation members should respect the sovereignty and territorial integrity and seek no unilateral military superiority in adjacent areas.
Love them, hate them but the Oscars have a way of sneaking up on you.
This number is predicted to increase to 13.5-17.4 million people living with Type 1 diabetes by 2040, the researchers said.
After the first quarter was washed out, exporters are now keeping their fingers crossed over a turnaround in outbound shipments to at least North America from September onwards. This comes even as other key destinations such as Europe may take longer to revive in FY24. Slowdown in key economies, as well as geopolitical tensions resulted in sluggish demand for Indian goods.
The finance ministry has cautioned that global and regional uncertainties and domestic disruptions may keep inflationary pressures elevated in the coming months, warranting "greater vigilance" by the government and the Reserve Bank of India (RBI). "Russia's decision to terminate the Black Sea grain deal, along with dry conditions in major wheat-growing areas, caused a price spike in cereals. Domestic factors like white fly disease and an uneven distribution of monsoon exerted pressure on vegetable prices in India," the ministry said in its latest Monthly Economic Report for July, released on Tuesday. However, the report maintained, the recent price surge in certain food items "is expected to be transitory". "Tomato prices are likely to decline with the arrival of fresh stocks by the end of August or early September.
The Indian rupee may remain under depreciation pressure on account of plateauing of exports and subsequent widening of the current account deficit, said the Economic Survey 2022-23 tabled in Parliament on Tuesday. It said the "risks to the current account balance stem from multiple sources". The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
Every 10 per cent rise in crude oil price will shave off around 0.2 percentage point (pp) from India's GDP growth and widen the current account by 0.3 per cent, says Nomura.
The external affairs minister reiterated India's position on Afghanistan and highlighted its humanitarian support to the war-torn country, including the supply of wheat, medicines, vaccines and clothing.
'The cost of financing the fiscal deficit will decrease, as new passive investors join in.'
The Taliban's rise will see an increase in infiltration on India's western border and terrorist groups in Pakistan will get funding from the Taliban, warns Brigadier Rajamani Kannan (retd).
Counter-terrorism experts from India, Pakistan and other member states of the Shanghai Cooperation Organisation on Monday deliberated on boosting cooperation in combating various regional security challenges at a meeting hosted by New Delhi.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
The Indian embassy in Ukraine issued a fresh advisory in view of increasing Russian attacks on several Ukrainian cities and reports of heavy fighting around the capital Kyiv.
'We actually have a problem because there may be too much activity in India.' 'Markets don't like too much concentration. But we are very happy with our collaborations in India.'
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
'It will remain hostile to Indian interests owing to its close proximity to China.'
The Southeast Asian nation has been focusing on modernising its military in the face of myriad security challenges as well as decades-long territorial disputes with China in the South China Sea.
