Gor underlined that President Trump has a "deep friendship" with Prime Minister Narendra Modi, and that is something that is unique.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.
While Modi has spent fewer days abroad than his predecessor (270 days versus Dr Singh's 306), he has travelled more extensively and actively than any other Indian PM.
The government has identified critical sectors, including electronics, chemicals, leather and footwear, and toys, where value chains can be strengthened to facilitate and drive foreign direct investment (FDI) into the country. Invest India, the investment promotion and facilitating agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has been actively identifying key value chains to focus on.
'The Alaska Summit made me realise that while difficult, peace is within reach.'
Senior Congress leader Shashi Tharoor says US tariffs are negatively impacting India, leading to job losses, and criticizes President Trump's diplomatic behavior.
US President Donald Trump has signed an executive order extending the operations of TikTok, the Chinese-controlled video-sharing platform, by 75 days. Trump intends to pursue a resolution that protects national security while preserving the platform used by 170 million Americans. The order instructs the attorney general to refrain from enforcing a law that would have forced TikTok's parent company ByteDance to divest from the app or face a ban from US app stores. Trump cited the national security concerns posed by TikTok and the need to review sensitive intelligence related to these concerns. He also emphasized the importance of finding a resolution that protects national security without abruptly shutting down the platform.
All-party parliamentary delegations on Friday met leaders and diplomats from several countries to galvanise international action against terrorists and decisively counter the tactics of those who perpetrate, support and sponsor cross-border terror activities against India.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
China defended the BRICS economic alliance, stating it is not a bloc for confrontation, after former US President Donald Trump threatened tariffs on countries aligning with its 'anti-American policies'.
India's Foreign Secretary Vikram Misri will travel to Beijing for a two-day trip beginning Sunday, marking the second high-profile visit from India to China in less than one-and-a-half months. The visit comes amidst ongoing border tensions and follows a recent disengagement pact between the two countries in eastern Ladakh. The Foreign Secretary-Vice Minister mechanism meeting will focus on the next steps for India-China relations, including in the political, economic, and people-to-people domains. The decision to revive this bilateral mechanism was taken at a meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Kazan in October.
'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
India will unveil its much-awaited new Foreign Trade Policy 2023-28 on Friday, with a view to boost exports amid slowing global trade. Commerce and Industry Minister Piyush Goyal will announce the foreign trade policy, according to the ministry. The current foreign trade policy (2015-20) is in force till March 31, 2022.
When External Affairs Minister S M Krishna underscored the folly of making a distinction 'between good Taliban and bad Taliban' at the Afghanistan Conference in London earlier this year, he was completely out of sync with the larger mood at the conference. As a result, Indian diplomacy faced a major setback when Indian concerns were summarily ignored.
Increasingly, the space for India to engage other countries is shrinking and hardening, primarily because post-Sharm El Sheikh, we have a leadership that worries about the public backlash all the time, and because the two communities who should be tasked with preparing the ground for engagement --the ministry of external affairs and the media -- are instead drawing red lines.
Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.
Uncertainty clouds US fall intake as Trump's visa ban on Harvard raises fears of wider policy shifts, pushing Indian students to explore alternative destinations.
'...are young Indians with aspiration to go to the US.' 'The dream has to be more about working in India...'
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
The government has decided to postpone the release of the new Foreign Trade Policy (FTP) and extend the existing one by six months on account of global uncertainties and currency fluctuations. The government was scheduled to announce the new FTP by the end of September. The current policy was to end on September 30.
'Geopolitically and diplomatically it's a very difficult situation for India.'
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.
As the policy was going to be revised, the BCCI staff including the finance, operations and media department were not paid their daily allowances for the IPL and WPL but now that the policy has been formulated, their dues should be cleared soon.
'Don't play the American game... India is too big for a US game.'
'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'
Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.
'Stage five of this catastrophe has begun: Starvation.'
Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.
The Congress party also called for a special session of Parliament to evaluate the situation in detail, to identify any mistakes that were made, and to ensure that they are not repeated in the future.
In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.
Prime Minister Narendra Modi arrived in China for the Shanghai Cooperation Organisation (SCO) summit. His meeting with President Xi Jinping is significant given global economic concerns.
'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'
The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.
India abstained from a UN General Assembly vote on a resolution regarding Afghanistan, citing the need for a balanced approach that combines incentives and disincentives, and calling for new initiatives to address the humanitarian crisis.
'The policies announced by his administration are implemented faster.'
The government nominated Tharoor, who serves as chairman of the Parliamentary Standing Committee on External Affairs, to lead one of the seven multi-party delegations abroad for putting across India's stand against Pakistan for supporting terrorism.
