Seismologists draw parallels to the quakes that hit the Pacific region, extending from Peru to Banda Sea in the east of Indonesian islands.
India-Maldives ties came under strain under Yameen who was perceived to be close to China.
Biden and Modi committed that the US and India will work closely together to win the fight against the COVID-19 pandemic, renew their partnership on climate change, rebuild the global economy in a way that benefits the people of both countries, and stand together against the scourge of global terrorism, the White House said in a readout of the call.
Axel Hilgers, Director, South Asia speaks to Business Standard.
Infosys has signed a deal with Fujitsu to provide co-development and functionality enhancement services to the Fujitsu suite of software products.
At the summit, India signed the SCO's memorandum of obligations, kick-starting the process of its accession into the group as a full member.
It said that the opportunities presented by an open and competitive South Asian market may also be grasped and consolidated from both security and economic perspectives.
If rising prices of food and fuel are hurting the common man, the richie-rich club has its own inflation-related worries -- that is in prices of Chanel bags and Rolex watches, among other high-end lifestyle products.
A government programme aimed at empowering people run by the north-east Indian state of Nagaland has won the coveted United Nations Award for Public Service from Asia and the Pacific region for 'fostering participation in policy making through innovative mechanism'.
The prime minister reached Port Moresby from Japan where he attended the summit of the G7 advanced economies and held bilateral meetings with several world leaders.
The latest Media Partners Asia analysis on India says TV advertising will grow only 6.5 per cent in 2009, as against 15.6 per cent in 2008. However, MPA expects TV advertising to rebound to 8.7 per cent growth in 2010. Of the Rs 20,000 crore-plus advertising industry, television advertising alone accounts for 45-47 per cent. Overall, MPA predicts that advertising growth may drop to 5.4 per cent in 2009, after a 20 per cent-plus growth in 2006 and 2007.
The prime minister's meetings with Abe and Turnbull came a day after he held "very expansive" talks with US President Donald Trump on intensifying overall security and defence cooperation, particularly in the Indo-Pacific region where China is strengthening its military build up.
Shringla said India will continue to work towards the reformed United Nations during its stint as a non-permanent member of the UN Security Council.
Global merger and acquisition (M&A) deal volume reached $1.5 trillion in the first half of this year, registering a 22 per cent increase from last year levels, says a report by deal tracking firm Dealogic.
India reported an 18 per cent decrease in the new COVID-19 cases along with a 13 per cent decline in the number of deaths during the week of October 11 to 17, the World Health Organisation has said, highlighting that all the regions globally, except the European region, reported a fall in new weekly cases of the deadly virus.
The country has comparatively fewer Internet connections but is the second-largest mobile market in the world after China. And, the Internet is being increasingly accessed on mobiles. India and China together account for over 1.2 billion mobiles of the 4.6 billion global mobile users.
Rising Indian driver Jaden R Pariat has been invited to the Ferrari Driver Academy (FDA) selection trials.
'We are looking at the next target which is to be a $1 billion ARR firm in the next 4-5 years.'
The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth spot, Aditya Birla Group was at the sixth spot, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot.
The United States Navy carried out a freedom of navigation operation in the Indian waters near Lakshadweep Islands on Wednesday without New Delhi's prior consent to challenge India's "excessive" maritime claims, according to an official statement.
Central banks in India, China and South Korea are closely monitoring the emerging inflationary pressures on their economies and hikes in interest rates could be expected across the Asia-Pacific region after Australia raised key interest rates.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
India as the G20 host has a 'unique role' to play in bringing about an end to the war in Ukraine due to its 'longstanding historical' ties to Russia, the United States has said, expressing hope to work closely with New Delhi to find a way to stop the conflict.
According to a study conducted by HR consultancy Towers Watson's Talent Management and Rewards, 61 per cent of the Indian companies surveyed said that they are able to provide their employees a wide range of jobs and work experience over the last 12-month as against 50 per cent in the Asia Pacific region.
He also said "Chinese belligerence is evident in its continuing propensity to project power outside its region", in turn presenting a "threat to the rules-based international order".
The interim free trade agreement between India and Australia will come into force on Thursday, providing duty-free access to thousands of domestic goods such as textiles, and leather in the Australian market. The agreement will help almost double the bilateral commerce to $45-50 billion in around five years, according to exporters and industry players. The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.
Information technology, consulting and business process services company, Wipro on Thursday announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. "Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. "We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region," CEO APMEA, Wipro, N S Bala said. Wipro's new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement.
China and India are the two awakening giants in the Asia-Pacific region with their strong growth potential. Their low insurance-penetration rates and expanding economies also support the two countries' insurance industry credit profiles. Interest from international players has increased enormously with the countries' transition from a closed system with state-owned monopolies to a more open system with private and foreign-owned entities over the past two decades.
As the world climbs out of the deepest recession in recent history, Asia is leading the global recovery.
The pandemic has led to the International Finance Corporation massively ramping up its impact investment in the country - its largest client nation globally - at $1.7 billion as of June, a 51 per cent rise over the past 12 months, the largest developmental lender into third world private sector said on Tuesday. This is nearly half of its investment in the whole of South Asia since the pandemic, which touched $3.8 billion as of June 2021, it said. "Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year," IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said in a statement.
The US, he said, rejects any Chinese claim to waters beyond a 12-nautical mile territorial sea derived from islands it claims in the Spratly Islands (without prejudice to other states' sovereignty claims over such islands).
In its latest report on social networking activity in the Asia-Pacific region, comScore says the Google-owned Orkut is ranked as the top social networking site in India, with 46.8 per cent of the nation's web population using the website.
Using the global downturn as an opportunity, seven in every 10 Indian companies are planning radical changes to their business models in the next decade, while many European businesses are still undecided on their response to the recessionary conditions.
Human rights situation deteriorated in much of Asia and Pacific region in the first quarter of this year, with conflicts in Sri Lanka and Pakistan adversely affecting innocent civilians, global human rights body Amnesty International said on Thursday.
The latest Manpower Employment Outlook Survey says the Indian job market will remain vibrant in the third quarter of 2007.
These funds have lowered the entry barrier for investors who can now invest with just Rs 5,000, points out Sanjay Kumar Singh.
Blackstone Group, a global private equity player, is set to increase its focus on India. After setting the ball rolling on its corporate private equity and recently starting off its real estate opportunity focus, the company during the past week has set up Blackstone Altius Advisors, an event-driven strategy focusing on opportunities in the Asia Pacific region. Event-driven strategies are those where PEs fund merger and acquisitions or bankruptcies scenario.
