'India will come increasingly in the US crosshairs if it insists on maintaining its strategic autonomy, warns Ambassador M K Bhadrakumar.
The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations.
Xi said he hopes that the two sides will uphold the spirit of non-conflict, non-confrontation, mutual respect and win-win cooperation, focus on cooperation, manage differences, advance the healthy and stable development of China-US ties, and join hands with other countries and the international community to promote the noble cause of world peace and development.
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
Chinese Foreign Ministry spokesperson Hua Chunying, known for fiery retorts against the US, welcomed Biden's first moves to join the Paris Climate Accord and the World Health Organisation (WHO) which was trashed by Trump as a puppet of China over its conduct to deal with the COVID-19.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
'If the Russian forces do capture Kyiv and set up some sort of provisional government, they might run into an insurgency, for which the geography is just right, it could prove costly for them.' 'In that event, the whole exercise could turn out to be counter-productive -- and costly in both foreign policy and domestic terms.'
'No prime minister of India is averse to normalise relations with Pakistan, if it is possible to do so without altering our fundamental position on Jammu and Kashmir,' notes Ambassador T P Sreenivasan.
The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.
China is going to be an indispensable partner in Russia's ongoing crisis with the US, while on its part, China cannot remain indifferent if Russia gets crushed by the US, lest it loses 'strategic depth', observes 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.
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.
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.
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.
'Pakistan has robust incentive to turn heat on LoC.'
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.
'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.
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.
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.
'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.
The costs of providing free vaccines are way lower than the costs of a freewheeling epidemic.
The nomination sets up a confrontation between the Taliban and Afghanistan's fallen government envoy, Gram Isakuzai, who has held his post so far.
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.
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).
'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.
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.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
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.
'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.
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.
'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.
