In a strong display of its prowess in the global fight against the menace of piracy threatening maritime trade near Horn of Africa, Indian Navy's guided missile destroyer INS Mysore repulsed the pirate attack on Ethiopian flag-bearing MV Gibe that was sailing 150 nautical miles off Aden in Yemen around noon, a Navy spokesperson said in New Delhi.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
She also addressed the Indian Community at a reception held in her honour in Jakarta.
Maldivian President Mohamed Muizzu's party secured a 'supermajority' in Parliament by winning over 60 seats in Sunday's crucial parliamentary election, seen as a litmus test for the pro-Beijing politician whose policies are being closely watched by both India and China amidst regional power dynamics.
Notwithstanding the strain in ties, the navies of India and China carried out a well coordinated operation to rescue a merchant ship in the Gulf of Aden which was hijacked by Somali pirates on Saturday night.
Modi held a "productive meeting" with his Ethiopian counterpart Abiy Ahmed Ali on a day when BRICS (Brazil, Russia, India, China and South Africa) leaders officially endorsed Ethiopia's entry into the bloc.
India had invited United States President Joe Biden to grace the occasion but he expressed inability to travel to New Delhi in January.
Commerce ministers of the three countries, who met in Pretoria on Tuesday, also decided to hold formal annual trilateral talks to boost intra-IBSA trade.
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'
'This visit will further the convergence of our political, economic and strategic interests,' Modi tweeted.
Industry chamber Ficci said, Japan as a nation would overcome the calamity to reassure its place in the comity of most prominent economies of the world.
'The Chinese navy is large and expanding both in numbers and capability by the day.' 'India too must take measures to safeguard its own interests, now and in the future.'
India will invest USD 82 billion in port projects by 2035, raise share of clean renewable energy source in maritime sector, develop waterways and boost tourism around lighthouses as part of port-led development, Prime Minister Narendra Modi said on Tuesday. Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. More than 574 projects costing USD 82 billion or Rs 6 lakh crore have been identified for implementation between 2015 and 2035 under the Sagarmala Project, he said. The government, he said, is looking to operationalise 23 waterways by 2030.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
The leaders said they stand for adherence to international law, peaceful resolution of disputes and respect for principles of the UN Charter, including territorial integrity and sovereignty of all states.
Garcetti suggested that the two countries are working on certain agreements to bolster defence cooperation and they are likely to be firmed up when Modi visits the US or President Joe Biden comes to India in September for the G20 summit.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).
The matter came up for discussion during their wide-ranging dialogue that was aimed at expanding overall ties.
Know the forts India has nominated to the UNESCO World Heritage list.
'I certainly think India can play a leading role in helping us resolve the Russia-Ukraine crisis. India obviously has an old relationship with Russia'
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Prime minister likely to visit Beijing, Shanghai; also President Xi's home province, Shaanxi. Nayanima Basu reports
The Taiwanese foreign minister said the time has come for all democratic countries to find ways to deal with China's expansionist agenda and its military muscle flexing, especially in the maritime domain.
Somali pirates are "shifting their location" towards India, but the country is watchful to deal with such threats, Defence Minister Manohar Parrikar said.
While acknowledging Shivaji's naval contributions, questions are being raised about the inadequate acknowledgement of Chola sea-power in southern Tamil Nadu, which dates back by a few centuries, explains N Sathiya Moorthy.
The Indian and Chinese troops have been locked in a tense border standoff in eastern Ladakh since May 5, 2020, when a violent clash between the two sides erupted in the Pangong lake area.
Terrorism, trade and South China Sea dispute are expected to dominate discussions at the 13th ASEAN-India Summit likely to begin later today with Prime Minister Narendra Modi and other Southeast Asian leaders reviewing the Association of Southeast Asian Nations-India cooperation and charting out its future direction.
Trade between Australia and India stands at around $15 billion a year, or just a tenth of that between Australia and China.
The Hong Kong-flagged 'VLCC, NAVE CONSTELLATION' was attacked by pirates during the evening hours of December 3 while transiting through Nigeria.
The USNS Salvor was welcomed with a ceremony at the shipyard on Monday, and it is the first ship to arrive after the signing of the MSRA.
Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.
Pakistan and China on Wednesday inked several agreements and memoranda of understanding, including a pact on a system to manage the border between the Xinjiang autonomous region and Gilgit-Baltistan area. President Asif Ali Zardari and visiting Chinese Premier Li Keqiang witnessed the signing of the agreements by representatives of the two countries during a ceremony at the presidency.
China's South China Sea build-up and 'territorial sea' construct potentially affects 55 percent of Indian trade passing through the region. Hence, coordinating with the US and Japan could provide dividends to India in the longer run,' says Srikanth Kondapalli.
Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.
Prime Minister Narendra Modi is travelling again! The Pradhan Sevak is in Indonesia on the first leg of his three-nation tour to East Asia. This is Modi's first-ever official visit to Indonesia and before the visit, the PM hoped that the meet would cement the political, economic and strategic interest of the two friendly maritime neighbours.
The Indian Navy said warships and aircraft were deployed to establish presence, provide a sense of reassurance to the Indian merchant men
US State Department spokesperson Morgan Ortagus on Sunday said five years ago on September 25, 2015 the Chinese President, standing in the White House Rose Garden, promised 'China does not intend to pursue militarisation' of the Spratly Islands, and China's outposts 'would not target or impact any country'.
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