In a significant policy statement on the Taliban which is making big gains in its offensive in Afghanistan, China has asked it to make a "clean break" from all terrorist forces, especially the Al Qaida-backed Uyghur Muslim militant group ETIM fighting for the volatile Xinjiang province's independence.
'Chinese experts estimate that the new US administration is 'at the crossroads of how to re-manage and control' Sino-American differences and strategic divergences and Biden's bottom line is that the US would have 'extreme competition with China, but won't allow competition to develop into conflict',' notes Ambassador M K Bhadrakumar.
'Kim has once again shown astuteness and statesmanship by securing China's support precisely just when it matters most to him,' points out Ambassador M K Bhadrakumar.
IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.
'Pakistan has robust incentive to turn heat on LoC.'
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
China and the United States were headed for a major diplomatic confrontation as Washington on Wednesday ordered the closure of the Chinese consulate in Houston, a move it said was aimed 'to protect American intellectual property and private information', hinting at cyber espionage.
Assistant Secretary for East Asian and Pacific Affairs David Stilwell made the remark on Thursday, adding that the Trump administration is closely watching the Indo-China situation.
The uncertainty over the gravity of the pandemic's impact on the global economy and financial markets worldwide triggered a flight to safety among foreign investors as they rushed to exit from relatively riskier investment destinations, such as emerging markets like India, a report said.
Schumer and Menendez said the months-long demonstrations have been met with orders from the central government and local authorities to shut off internet access in protest areas, cut off water and electricity supplies for the tens of thousands living in protest camps, and impede the work of journalists reporting on the protests.
'Like everyone else addicted to Kremlin politics, I too have a thesis.' 'Foreign policy is known to be Putin's forte -- and Russia's stability his obsession.' 'As we enter the 2020s, it is clear that an extraordinary turbulent decade lies ahead in world politics and it casts dark shadows on Russia's future,' notes Ambassador M K Bhadrakumar.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
The nomination sets up a confrontation between the Taliban and Afghanistan's fallen government envoy, Gram Isakuzai, who has held his post so far.
The costs of providing free vaccines are way lower than the costs of a freewheeling epidemic.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
TheWhat led to Pakistan not taking advantage of India's difficulty is the hold that the US has over the Pakistani ruling elite, observes Colonel Anil A Athale (retd).
On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
'What Trump and Kim have demonstrated is that leaders need not remain prisoners of the status quo and they can, by showing the necessary will and courage, break out of the hang-ups and constrictions of the past and carve out a new pathway for themselves,' says B S Raghavan.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
'She's not going to keel over.' 'This is the kind of difficult situation that she thrives in.'
From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
Dr Manmohan Singh would be faced with very few choices in Beijing given the Chinese conceived notions of the world today and India's low place in their calculus, says Srikanth Kondapalli.
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
On December 10, Kissinger began to encourage the Chinese to take action against India: 'If the People's Republic were to consider the situation on the Indian subcontinent a threat to security, and if it took measures to protect its security, the US would oppose efforts of others to interfere with the People's Republic.' On the 50th anniversary of India's greatest military victory, Claude Arpi recalls how the US suggested that China intervene militarily on Pakistan's side.
'In South Asia, unlike Southeast, East, or Central Asia, there is a natural hegemon: India. China cannot cast it aside easily'
The balance sheet of the Reserve Bank plays a critical role in the functioning of the country's economy.
On an overall basis, Nomura believes the economic conditions are suited for equity markets. The brokerage is predicting the market performance will be better in the first half of 2020 and "somewhat weaker" in the second half.
'India is ahead only of Pakistan in the amount spent on each soldier a year.' 'The Indian military is a manpower-heavy throng that is poorly armed, equipped, and trained,' observes Ajai Shukla.
The Indian Army, Apple, Nokia, RIM denied that they were involved in a conspiracy to spy on the US-China Economic and Security Review Commission.
One subject of the third round of the US-China Strategic and Economic Dialogue will be cybersecurity.
The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee's relatively poor performance to a sharper-than-expected fall in economic growth in India.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
India needs to consider whether the Donald Trump administration can actually deliver, observes former foreign secretary Shyam Saran.
The US president alleged that China had been indulging in tremendous intellectual property theft worth hundreds of billions of dollars on a yearly basis.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances