NEW DELHI: Christmas Day last year saw an attempt to change the course of subcontinental history when Prime Minister Narendra Modi dropped in on Pakistani counterpart Nawaz Sharif to wish him on his birthday and attend his granddaughter's wedding in Lahore. A rocky year later, Modi confined himself to tweeting birthday wishes to Sharif and "praying for his long and healthy life", acknowledging the deep chasm between the two countries.
The Act East policy has outlined India as a responsible stakeholder in the region, and Vietnam is our most important anchor, elucidates Prof Rajaram Panda
India-Vietnam relationship is one of the significant bilateral relationships in Asia, besides India-Japan partnership. Over the years, in particular since the establishment of diplomatic relations between the two on 7 January 1972, this bilateral tie has assumed robustness, ranging from politic–strategic, defence to economic areas and culture, education, training, entrepreneurship development, etc.
Crime and abuse against India’s seniors are on the rise. What can be done to protect the elderly?
PHILADELPHIA – The decision by the widely respected economist Raghuram Rajan not to seek a second term as Governor of the Reserve Bank of India (RBI, the central bank) is likely to roil India’s financial markets, which regarded him as a critical anchor for the country’s economy. Investors will now dissect the implications of his departure for the ability of the monetary authorities to ensure price stability and encourage growth, or rebuild a banking system beset with non-performing loans.
With the dust uneasily settling down following the stunning verdict on the South China Sea (SCS) arbitration, questions are being asked about what New Delhi’s stakes are in the outcome.
When he took charge two and a half years ago, Prime Minister Narendra Modi declared that his government will do more than “Look East”. It will “Act East”. Sceptics in Delhi saw it as a mere slogan. The PM, who had traveled extensively in the region as the chief minister of Gujarat, however, was committed to bringing new energy and a fresh perspective to India’s eastern strategy.
Delhi and Kabul have failed to translate their enormous mutual trust into an effective strategic partnership.
This past month has been an eventful one in Indian politics. The decisive victory of the populist Aam Aadmi Party (AAP) in the Delhi Assembly elections against Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has led some Indian observers to question the patience of the Indian electorate with the pace of economic and anticorruption reforms. Meanwhile, in Indian-controlled Kashmir, an unlikely coalition government has emerged between the majority-Muslim People’s Democratic Party (PDP) and the Hindu-nationalist BJP. Some are hopeful that this partnership may provide a foundation for talks on the status of the disputed territory, but several early hiccups—including the release of Kashmiri separatist Masarat Alam by PDP leaders (reportedly without the BJP’s consent)—may be signs of trouble.