Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday. Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017. Walmart continues to top the Fortune list with a revenue of $524 billion, followed by China's State Grid at $384 billion.
That's our jaws on the ground!
A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.
Biden welcomed Prime Minister Modi at the Summit and said "it is wonderful to see you again in person".
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
Besides the 27 asymptomatic patients, 10 new confirmed COVID-19 cases, including six from Chinese returning from abroad, were reported in the country on Wednesday.
Aseem Chhabra watched some great films and some huge disappointments in 2021.
Flexing its muscles over Taiwan, China on Monday sailed its aircraft carrier close to the estranged island amid tensions with the US following President-elect Donald Trump's telephone call with the Taiwanese president.
The remarks of White House Press Secretary Jen Psaki came ahead of the 14th round of military-level talks between India and China on the 20-month row in eastern Ladakh.
Norway nabbed the first gold medal of the Winter Games on Saturday
US Vice President Kamala Harris would host a separate meeting with the prime ministers of three Quad countries -- India, Australia and Japan -- at the White House to discuss with them the important factors for democracies to go forward, officials said.
China, who have yet to lose a single badminton match to another nation at the Tokyo Olympics, won gold and silver in mixed doubles on Friday after Wang Yilyu and Huang Dongping beat favourites Zheng Siwei and Huang Yaqiong 21-17, 17-21, 21-19.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
The Indian and Chinese armies have been locked in a bitter standoff at multiple locations in eastern Ladakh for over eight weeks since May 5.
Chinese observers forecast that whether it is Trump or Biden, they are expected to follow tough and hardline policies towards Beijing as part of US efforts to contain the rise of China.
'Under General Secretary of the Chinese Communist Party (CCP) Xi Jinping, Beijing has stepped up its aggressive foreign policy toward New Delhi. Since 2013, China has engaged in five major altercations with India along the Line of Actual Control (LAC),' said a brief issued by US-China Economic and Security Review Commission.
The first priority for the new Tibetan administration in Dharamsala should be to look at Tibetan recruitment in the PLA, suggests Claude Arpi.
Speaking on condition of anonymity, the official asserted that US President Donald Trump, during his presidency, has really strengthened all aspects of the US-India security and defence cooperation to build a comprehensive, enduring and mutually beneficial defence partnership.
India's Satwiksairaj Rankireddy and Chirag Shetty outclassed Hiroyuki Endo and Yuta Watanabe of Japan in straight games to enter the men's doubles final at the French Open.
India's biggest car maker Maruti Suzuki said on Tuesday that its vehicle production in September will tumble by 60 per cent due to chip shortage. The company, which had earlier cut down production at its Gujarat plant, said the chip shortage will hit production in Gurugram and Manesar plants, effectively forcing the automaker to cut production by 60 per cent. Owing to a supply constraint of electronic components due to semiconductor shortage, the company is expecting an adverse impact on vehicle production in September in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat Pvt Ltd. (SMG) in Gujarat.
China hiked its annual defence budget by 7.1 per cent.
Israeli Prime Minister Naftali Bennett was among the first to congratulate Dolgopyat praising the 24-year-old for making "blue and white history".
Trump on Sunday questioned the relevance of continuing the "One-China" policy if Beijing refuses to make any concessions on trade and other issues.
"The message is clear. We're not going to stand by and let China or anyone else take the reins in terms of being the most powerful, dominant force, whether it's in that region or over here," White House Chief of Staff Mark Meadows told Fox News.
'The PLA has continued to do exercises and drills and recently carried out air exercises with fighter jets.'
Haley said there is a need to closely watch China as it is making a move to take over the Bagram air force base that was controlled by the United States for nearly two decades.
The Chinese coercion and aggression spans the globe, but it is most acute in the Indo-Pacific, it said.
Lovlina Borgohain will be in pursuit of history when she takes on reigning World champion Busenaz Surmeneli of Turkey in the Olympics boxing 67 kg semi-finals, in Tokyo, on Wednesday.
Aseem Chhabra watched some great films and some huge disappointments in 2020.
By the year 2027, which marks the centennial of the founding of the People's Liberation Army, China will build a fully modern military, a goal that is in alignment with the national strength and will fulfil the future national defence need, state-run Global Times quoted Chinese analysts as saying.
The number of Indians over 15 either working or looking for work is lower as a percentage than in the United States, China, Bangladesh or Pakistan, points out Aakar Patel.
'The MEA, hopefully, made it clear that the Indian PM can't be seen in Xi Jinping's company when China has, for all intents and purposes, annexed over 1,000 sq kms of Indian territory in eastern Ladakh, and essentially that the Wuhan spirit and the Mamallapuram spirit have turned into vinegar.'
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
Ahead of the Quad summit on Friday, China said exchanges and cooperation between countries should contribute to mutual understanding rather than "targeting" a third party and refrain from "pursuing exclusive blocs".
Scheduled to be held in Denmark from October 3 to 11, the Thomas and Uber Cup will mark the resumption of international badminton after it was brought to a halt in March because of the dreaded virus.
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