'The United States should not, by this logic, expect India to create military distractions along the Line of Actual Control, hold up Chinese shipping in the Indian Ocean, or even openly provide intelligence or basing for US forces transiting the region.'
In turn, President Biden said that the US does not support 'Taiwan's independence'.
Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.
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.
Prime Minister Narendra Modi's visit to the United States this month will set new benchmarks for bilateral ties and some 'really big, historic and exciting' announcements are likely to be made on defence cooperation and boosting India's indigenous military industrial base, the Pentagon has said.
Prime Minister Modi on Saturday left for Egypt after concluding his state visit during which he held wide-ranging talks with President Joe Biden and addressed the joint session of the US Congress.
President Biden has been forced to turn his attention to domestic politics, as he works to hash out a deal with Republicans to prevent the US from defaulting on its debts at the end of this month.
Taiwan's Ministry of National Defense said 30 Chinese warplanes made incursions into its air defense identification zone, or ADIZ, the highest daily figure in more than four months.
'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'
Taiwan in 1951 came up with an ingenious plan to improve tax compliance: citizens taking receipts for purchases could use them as lottery tickets. Customers were incentivized, and businesses found it hard to evade taxes. The plan's success prompted other countries, Slovakia and Greece among them, to launch similar initiatives. India doesn't seem to find the need yet for such schemes amid surging goods and services tax (GST) collections.
China on Friday announced sanctions on US House Speaker Nancy Pelosi and her immediate family members for her visit to Taiwan this week, disregarding the strident warnings from Beijing, asserting that it violated China's sovereignty and the "One China policy".
China on Wednesday said it will take "strong and effective" countermeasures against the US and Taiwan for violating the "One-China policy", as the US House of Representatives Speaker Nancy Pelosi successfully completed her visit to Taipei disregarding Beijing's vociferous threats.
China claims Taiwan as part of the mainland and vows to integrate what it calls the rebel province even by force.
China's official media reported air and ground movement of troops in Taiwan Straits -- the waters that separate China and Taiwan -- as US House Speaker Nancy Pelosi landed in Taipei on Tuesday disregarding Beijing's stern warnings.
The Indian government is keen to woo major semiconductor players, but a global race to attract them to countries where there is already an ecosystem is making it difficult for India to attract the biggies in the business. On Wednesday the government decided to throw open the doors to more players to participate in its semiconductor scheme. It is now looking at not only 28 nanometre (nm) chips and below, but higher nodes like 40 nm.
'China is playing the big global game.' 'Their ambitions lie far beyond the Line of Actual Control.'
China on Wednesday announced military drills around Taiwan, days after United States President Joe Biden said Washington would intervene militarily if Beijing tried to reunify with the island by force.
China on Monday said it is keeping a close watch on reports of US House Speaker Nancy Pelosi's planned visit to Taiwan though it was conspicuously missing from her official Asia tour itinerary and warned of a resolute response by its military and strong countermeasures if she went ahead with the trip to Taipei.
On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.
Biden met with Prime Minister Kishida Fumio of Japan on Monday to advance cooperation on a range of bilateral, regional, and global issues.
Mutual funds (MFs) turned net sellers of equities in April amid a run up in stock prices on sustained inflows from foreign portfolio investors (FPI). The benchmark indices, Sensex and Nifty50, logged their biggest monthly advance since November last year, gaining 3.6 per cent and 4.1 per cent last month. Data from the Securities and Exchange Board of India (Sebi) shows that MFs sold equities worth over Rs 5,100 crore in April, the highest since February 2021.
In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.
The Xi Jinping regime might try to quell internal distress by directing nationalism and militarism against India, warn Ajay Shah and Gautam Bambawale.
In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.
According to the Ministry of National Defence, the planes included six J-11 fighter jets, six J-16 fighter jets, two Xi'an H-6 bombers, two KJ-500 airborne early warning and control aircraft, one Shaanxi Y-8 anti-submarine warfare plane, and one Shaanxi Y-8 electronic warfare aircraft, reported Taiwan News.
Aishwarya Rai Bachchan was back on the Cannes red carpet. Not everyone was happy about it.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
The government is close to approving a proposal by Micron Technology to set up an assembly, testing, marking and packaging (ATMP) facility in the country involving an investment of about $1 billion. The world's fifth largest semiconductor company, based in Idaho, USA, will use the facility to process some of its own wafers, manufactured across the globe.
'And if the United States, at that time, perceives India to have welched on the deal, not been our friend, when we did so much to make it a friend, that's trouble.'
China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.
Taiwan says it detected multiple Chinese aircraft and naval vessels taking part in military drills around the Taiwan Strait on Saturday, in what could be a possible simulated attack against the island.
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.
OSAT majors have concerns about India's ability to provide a stable, predictable, and lasting policy environment for years to come, which is key for making a decision in a capital-intensive business.
China urged the US to immediately address its wrongdoings, take practical measures to undo the adverse effects caused by Pelosi's visit.
Former New Jersey Governor Chris Christie and a Republican presidential aspirant have called his fellow rival Indian-American Vivek Ramaswamy a guy who sounds like ChatGPT and described him as an "amateur" Barack Obama.
A phenomenon that changes the moon's appearance from annular (the moon appears visually smaller and is not able to fully cover the sun) to total (when the moon completely covers the sun) and back as the moon's shadow moves across the earth's surface.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
'...and then get scaled down somewhat.' 'It will be difficult for any side to occupy meaningful territories, maybe just a bit here and there, and the destruction may vary on either side.'
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.
The Chinese military, on the last day of its largest-ever military exercises to vent out its anger over United States House Speaker Nancy Pelosi's visit to Taiwan, carried out island saturation attack drills in the Taiwan Straits, amid global concerns of a full-scale attack to annex the breakaway island which Beijing claims is part of its territory.
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