'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.
Raking up the border issue, Congress leader Rahul Gandhi on Friday said every individual in Ladakh knows that China has "taken away our land" and claimed that Prime Minister Narendra Modi's assertion that not an inch of land was taken away was "absolutely false".
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.
Showing respect to the Indian flag, Prime Minister Narendra Modi on Wednesday immediately picked up the tricolour placed on stage at a BRICS meeting here to mark the standing place of every leader so as not to step on it.
India would not be seen to be anything but rude with the Pakistanis. In the big picture, who is the bigger adversary right now? Who is the bigger pain in the neck? And who is it that is keeping more than 3,000 km of our borders active, throwing our military posture and deployments into imbalance? asks Shekhar Gupta.
'In India, legal advocates and faith leaders from across the country's diverse religious communities condemned a case of extreme hate speech against Muslims in the city of Haridwar, calling for the country to uphold its historical traditions of pluralism and tolerance'
Russian news agency TASS, quoting a Kremlin official, said holding of the RIC (Russia-India-China) summit figured in during a recent video conference between President Vladimir Putin and his Chinese counterpart Xi Jinping.
In the document, Russia underlined that it will build on a privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis.
The change of heart in the US and India was propelled by the increased threat of China to both countries, explains Ambassador T P Sreenivasan.
Chinese Foreign Minister Qin Gang reiterated that the situation at the India-China border is generally stable and both sides should consolidate the present achievements and strictly abide by the relevant agreements while pushing for further cooling and easing of the conditions for sustainable peace and tranquillity at the frontier.
'India's a sovereign nation, they can make their own decisions in terms of who they're going to conduct exercises with'
External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.
The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.
Russian President Vladimir Putin told a summit of the Shanghai Cooperation Organisation (SCO) on Friday that the group should consider staging its own major sporting competition.
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.
The Modi government finds itself in a contradiction of its own making. It has encouraged pro-Russian, Westophobic public sentiment while setting strategic policy that's exactly the opposite, points out Shekhar Gupta.
"Today, we can assert with confidence that they not only withstood (the test), but convincingly proved that they (bilateral ties) continue to remain one of the most important factors of the world politics," he said.
Addressing a symposium on the international situation and China's foreign relations in 2022, Wang said both countries have maintained communication through diplomatic and military-to-military channels.
Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russia launching an attack on Ukraine on Thursday. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. "Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI.
'The two sides should support rather than undermine each other, strengthen cooperation rather than guard against each other, and enhance mutual trust rather than be suspicious of each other'
Addressing a huge gathering in Lahore, Imran played a video clip of India's Foreign Minister S Jaishankar from Bratislava Forum held in Slovakia and praised the Indian minister for standing firm to the United States pressure over buying cheap oil from Russia.
India imported goods worth $4.23 billion in June from sanctions-hit Russia, up 6.8 times as compared to last year, as demand for shipments of crude oil grew at the fastest pace during the month. Crude oil worth $3.02 billion was imported in June, which translates into a share of 71 per cent of the total imports from Russia, commerce and industry ministry data showed. Similarly, during the April-June quarter, India's imports from Russia were valued at $9.27 billion, up 369 per cent on year.
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
On the back of rising crude oil purchases, India's bill for imports from sanctions-hit Russia jumped 3.5 times in a year in April to $2.3 billion, showed data from the commerce ministry. In April, India's crude oil imports from Russia were valued at $1.3 billion, 57 per cent of India's total inbound shipments from Russia. Other major imported items during the month included coal, soybean and sunflower oil, fertilisers, and non-industrial diamonds. That month, Russia was also the fourth-largest crude petroleum supplier to India, after Iraq, Saudi Arabia, and the United Arab Emirates (UAE).
Deals will cover oil exploration and supply, infrastructure and an increase in direct diamond sales to India
Russia has almost completed the delivery of major components of the second regiment of the weapon systems.
External Affairs Minister S Jaishankar will arrive in New York on Sunday to participate in the high-level 77th session of the UN General Assembly, which kicks off on September 20 with the opening of the general debate.
The US continues to have its concerns over India purchasing the multi-billion missile defense system from Russia.
India and Russia need stronger trade and economic ties, CII President Hari S Bhartia has said.
Amid the prevailing situation in Ukraine due to the rising tensions with Russia, India has advised its citizens to temporarily leave Ukraine.
Puri said the government has a moral duty to provide energy at affordable rates to consumers.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
Chinese President Xi Jinping will attend the 13th BRICS summit to be held on Thursday at the invitation of Prime Minister Narendra Modi, China's foreign ministry announced in Beijing on Wednesday.
China and India, it says, will register the world's biggest increases in defence spending through 2030, measured by percentage, says Washington-based 'Defence News'.
Salary increments in India will touch a five-year high of 9.9 per cent in 2022 as organisations are planning to invest in new-age capabilities to build a resilient workforce amid strong economic recovery and positive business sentiment, a survey said on Wednesday. According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9 per cent salary increase in 2022, compared to 9.3 per cent in 2021. The study that analysed data across 1,500 companies from more than 40 industries, noted that the industries with the highest projected salary increases are e-commerce and venture capital, hitech/IT and IT enabled services (ITeS) and life sciences.
Three Russian warships will enter Mumbai on Wednesday to hold joint naval exercises, code-named 'INDRA', with the Indian Navy from December 2.
China on Friday announced plans to boost space cooperation with Pakistan, including the development of a space centre and launching of more satellites for its all-weather ally.
'Wang Yi said the border issue is important and we should stay committed to peacefully addressing it through consultation and coordination.'
Johnson said Modi has been 'very strong' in his reaction to what happened in Bucha in Ukraine and that everyone understands and respects New Delhi's decades-old historic relationship with Moscow.
Ahead of Russian Prime Minister Mikhail Fradkov's visit to India, which will focus on enhancing economic cooperation between the two countries, Moscow on Monday said bilateral trade can increase up $8-10 billion in the next five years.