Virat kohli's angry moment on the field and outside the field. Top 5 moments of virat kohli loosing his cool :- 1)virat kohli fights with umpires wrong decision of his brilliant catch against skipper of Gujarat lions Dwivedi in Vivo IPL 2016. --------------------------------------------------------------------------------------------------------------- 2)Virat kohli sledges with Mitchell Johnson who accidentally threw a Ball on him .after that ball both were seen sledging with each other. --------------------------------------------------------------------------------------------------------------- 3)Virat lost his cool when he was indirectly asked about Anushka sharma He told the reporter "let professional and stick to what we are here for" --------------------------------------------------------------------------------------------------------------- 4)Virat kohli messes with his Team mate Gautam Gambhir while getting Out in a crucial situation he said to Gambhir " Teri Maa ki ****". --------------------------------------------------------------------------------------------------------------- 5)Virat kohli messes with the Australian skipper and Rohit Sharma Laughs at him kohli had a chat with umpire about that. -------------------------------------------------------------------------------------------------------------- plzz like comment and subscribe it means a lot😬😁
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Prime Minister Narendra Modi is on a foreign trip to four countries. On this 6-day trip, Modi will meet German Chancellor Angela Merkel, France's newly elected President Immanuel Macron and Russian President Vladimir Putin. In these meetings where defense and business agreements are important, there is also a special reason for meeting President Putin in this visit. After meeting Putin, the most important meeting of Modi's 2017 is to be from US President Donald Trump. And before this meeting from Trump, there is a need to clear the situation on these key issues before Modi-Putin's meeting. Indo-Russian friendship? The foundation of the current relationship between India and Russia is laid on the 1971 Friendship Treaty between the two countries during the Soviet Union era. So, Russia-India relations are a strong pillar of the country's foreign policy. In 2000, after the announcement of a strategic partnership between the two countries, which was once again termed as Special and Privileged Partnership in 2010. It is very important for the Modi Government in this situation that before negotiating with Trump Prashant in America, assessing the current situation, make a clear opinion on your relationship with Russia. India-Russia trade decline was a strong business between India and Russia until 1990-91. By 1990 the most prominent export destination of the product made in India was the Soviet Union. And both countries were each other's big trading partner. But gradually the trade between the two countries started to fall. In 2015, the Indian export of $ 1.6 billion was to Russia, while the US had $ 40.3 billion exports. In India, only $ 4.5 billion was imported from Russia in 2015, whereas inland from China was $ 61.6 billion. So, since 1990, where Russia was the most important trading partner of the country, at present, the export partner has become America and the import partner is China.
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Will the decision of Saudi Arabia and six other Gulf nations to severe ties with Qatar impact the domestic economy or Dalal Street? For one, India buys oil and gas from both Saudi Arabia and Qatar. Saudi is the world’s largest oil exporter, while Qatar is the largest exporter of liquefied natural gas and condensate. However, analysts said the rift is unlikely to have any bearing on India. In fact, it could work in its favour, if Opec efforts to tighten crude output go o ..
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Aamir Khan's Dangal currently holds the position of the highest grossing Indian film ever. It comes as no surprise then, that the actor is demanding a hefty fee for his next, Thugs of Hindostan. According to a report in DNA, Aamir has apparently asked for the lion's share of the profits of the Vijay Krishna Acharya-directed a film. A trade insider is quoted as saying, "Aamir will pocket almost 70 per cent of the profits while Adi will keep the remaining percentage. Fact is, after Dangal made Rs 1000 crore, now few people question Aamir on his deals. If TOH makes that amount of money, Adi (Aditya Chopra) will get almost Rs 300 crore which is much more than any of his own home productions." Earlier, it was reported that Aamir earned massive returns from Dangal as well. Apparently, the actor charged a fee of Rs 35 crore and also entered into a 33 per cent partnership of the film's revenue. Aamir is also said to be getting a 33 per cent share of the film's royalty, which includes satellite rights and other money that the film might earn in the future. Thugs of Hindostan will feature Amitabh Bachchan, Katrina Kaif and Fatima Sana Shaikh in leading roles, apart from Aamir. The film is reportedly scheduled to release in 2018.
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Describing the United Nations as a “partner” in the Belt and Road Initiative (BRI), Beijing on Thursday dismissed a UN body’s report which warned that the flagship China-Pakistan Economic Corridor could create tension with India and fuel political instability. China said the report by Economic and Social Commission for Asia-Pacific (ESCAP), a development arm of the UN, wasn’t specifically on the CPEC and had evaluated the BRI in a very positive way. The report, issued on Tuesday and prepared at the request of the Chinese government, said the CPEC could lead to “further political instability” in the region and “create geo-political tension with India” as it passes through PoK. India skipped the Belt and Road Forum in Beijing last week primarily because of “sovereignty” issues over CPEC passing through PoK. Foreign ministry spokesperson Lu Kang dismissed the UN’s concerns on the CPEC. “As far as I have learned, the ESCAP did not issue any specific report on the BRI. As for CPEC passing through the controversial territory, I have said this many times, it (CPEC) is an economic initiative and it will not affect our position on the Kashmir issue,” Lu said. He spoke in detail about the ESCAP’s positive look at the BRI. The report had said the BRI has the potential to position the region as an epicentre for growth and trade.
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Barely a week after China unveiled its ambitious One Belt, One Road (OBOR) policy as a diplomatic-economic ‘peace offensive’ across Asia and Europe, India, too, has launched a soft power push towards Africa with Prime Minister Narendra Modi, on Tuesday, offering the erstwhile ‘Dark Continent’ the light of mutual cooperation and economic development in a number of areas. Inaugurating the 52nd annual meeting of the African Development Bank (AfDB) Group here, Modi deftly roped in the US and Japan, who are also cautiously watching China’s $900-billion initiative in the backdrop of Beijing’s activities in South China Sea and its littoral states. Representatives from 80 countries are participating in the AfDB meeting, being held here from May 22 to 26. “India is also working with the US and Japan to support development in Africa. I gladly recall my detailed conversation with (Japanese) Prime Minister (Shinzo) Abe during my visit to Tokyo…In our joint declaration, we mentioned an Asia-Africa Growth Corridor and proposed further conversations with…Africa. “Indian and Japanese research institutions have come up with a vision document…This was done in consultation with think tanks from Africa. I understand the vision document would be presented at the (AfDB) board meeting later. The idea is that India and Japan, with other willing partners, would explore joint initiatives in skills, health, infrastructure, manufacturing and connectivity,” Modi said. “India’s commodity trade with Africa in 2015-16 was higher than our commodity trade with the United States of America.” The PM spoke at length, reminding the gathering about India’s association with Africa over the centuries. “Historically, communities from western India, especially Gujarat, and the eastern coast of Africa have settled in each other’s lands. The Siddis (of Gujarat) are said to have come from East Africa. The Bohra communities in coastal Kenya date back to the 12th century. “Vasco da Gama is said to have reached Calicut with the help of a Gujarati sailor from Malindi. The Dhows of Gujarat took merchandise in both directions. Ancient links between the societies have enriched our cultures. The rich Swahili language includes many Hindi words,” he said. History of ties “During the colonial era, 32,000 Indians came to Kenya to build the iconic Mombasa-Uganda railway. Many lost their lives during its construction. Around 6,000 of them stayed back and took their families. Many of them started small businesses called dukas, and came to be known as the dukkawalas. “Mahatma Gandhi, another Gujarati, perfected his tools of non-violent struggle in South Africa. He also visited Tanzania in 1912 along with Gopal Krishna Gokhale. Several leaders of Indian origin supported strongly, and fought alongside, the leaders of Africa’s struggles for independence, including Mr (Julius) Nyerere, Mr (Jomo) Kenyatta, and Mr Nelson Mandela.” Modi further said the third India-Africa Summit in 2015 was attended by all the 54 African countries having diplomatic relations with India. A record 41 African countries participated at the level of Heads of State or Government. “Since 2015, I have visited six African countries, our President has visited three, and the Vice-President visited seven. There is no country in Africa that has not been visited by an Indian Minister in the last three years.” India joined the African Development Fund in 1982 and the African Development Bank in 1983. For the most recent African Development Fund replenishment, India pledged $29 million. Farming wealth “The theme of this event is ‘Transforming agriculture for wealth creation in Africa’. This is an area where India and the Bank can fruitfully join hands,” Modi concluded. It, however, remains to be seen how far India can pip China in Africa. Contrast this: China’s bilateral trade with Africa in 2015 was worth nearly $200 billion, compared to India’s $57 billion, which is projected to be $100 billion in 2018. India is the fifth largest investor in Africa with $72 billion worth of investments so far vis-à-vis China’s $60 billion worth of fresh capital investments pledged in 2016.
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Cryptocurrency price live :- https://goo.gl/eedE6F Cryptocurrency News :- https://goo.gl/5XLsqf Ripple or Cardano: Which surging coin should you buy? XRP and ADA prices are both going through the roof right now, but which has the best potential? Ripple is now the second biggest cryptocurrency based on market cap taking over Ethereum, while Cardano is now the fifth biggest cryptocurrency after passing Litecoin. Cardano's recent spike has come due to the next major update for the platform being due for release next week, as it hopes to become the next Ethereum. While Ripple has seen incredible growth after announcing new partnerships in Asia that could lead to XRP being used in card payments. Why Ripple has potential Ripple's potential lies on whether it can get banks and financial institutions on board to replace the old SWIFT system which is currently used by banks for international transactions. Ripple can process transactions much faster and cheaper than SWIFT, processing in seconds - not days - and with far lower fees. List of exchanges that allow you to buy Ripple In the USA Ripple announced in late November a partnership with American Express, opening up American Express’ business customers on its FXIP platform to route payments through Ripple’s blockchain network. Ripple added that XRP will be used with American Express to speed up payments "later on". This partnership also links with UK bank Santander to allow instant US to UK payments. SBI Ripple Asia, a joint venture between Ripple and Japanese financial service company SBI Holdings, announced earlier this week that it is creating a consortium to look into the role distributed ledger technologies such as Ripple can play in card payments. This consortium has already developed technology which enables payments through Ripple using phone numbers or QR codes. Choose an exchange to buy Cardano The biggest advantage of Cardano is that unlike Bitcoin, it's built with two layers. You have the first layer called the Cardano Settlement Layer which works as a more efficient bitcoin, handling the balance ledger and basic transaction side of things. It has a second layer though, called the Cardano Computation Layer. This is where decentralised apps and smart contracts built on Cardano will be based and can operate separately to the CSL layer. These multiple layers also mean that changes can be made to the platform without a fork. Cardano itself was developed through peer reviewed academic research and is based on the Haskell programming language, which is viewed as extremely secure and uses mathematical proof of correctness to verify code. Cardano has the potential to be the new default for decentralised app development and smart contracts, thanks to its ability to scale and handle transactions in a faster way. The platform will also support smart contracts written in Ethereum's Solidity language too. Which one will have a bigger 2018? It's hard to work out whether Ripple or Cardano will be larger in the long term, however over the next 12 months, we should see Ripple outpace Cardano. Ripple's technology is already developed, and the rate in which it is signing on new partnerships across the globe should increase in 2018, also increasing the XRP value. The succes of its deal with American Express and Santander will be critical, as financial institutions across the world watch to see if it could also be a viable solution for them. With its price currently sitting a touch above US$2, it wouldn't be crazy to think it could reach US$5 or even US$10 by the end of 2018. Cardano, while it has a bucket load of potential is still not a finished platform. It has a few big updates due throughout the year, however it still needs to prove itself in the real world. It's currently sitting around $0.70 per ADA token, and has potential to go past $1 in the next month, however it's not quit clear how much higher than that it will go until Cardano's platform is live and performing. ------------------------------------------------------------------------------------------------------------ MY ANOTHER CHANNEL 'TOP MONEY MAKING IDEAS' :-https://www.youtube.com/channel/UCAS0Igo0IV2lVubz0DUYivQ --------------------------------------------------------------------------------------------------------- LIKE, COMMENT, SHARE & SUBSCRIBE ---------------------------------------------------------------------------------------------------------- FACEBOOK:-https://www.facebook.com/Friendzonedps/ TWITTER:-https://twitter.com/PipanSarkar INSTAGRAM:-https://www.instagram.com/pipan__sarkar/ --------------------------------------------------------------------------------------------------------- ABOUT:-This channel is on make money videos and business ideas.Many people want to make money for them we upload videos. ------------------------------------------------------------------------------------------------------------
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Prime Minister Modi will visit ten countries in the remaining seven months of this year. Prime Minister Modi will start the foreign tour immediately after celebrating the three years of his government. On May 29, PM Modi will leave on May 29 for his next visit. In this journey, Modi will travel to Spain, Germany and Russia. PM Modi will participate in International Economic Forum, from June 1 to 3, in St. Petersburg, Russia. After this he will be in Kazakhstan on 7 and 8 June to participate in the Shanghai Cooperation Organization summit. After the Israeli Russia and Kazakhstan in July, PM Modi will go on an Israeli tour in the first week of July. Let this be the first Israeli trip to any Prime Minister of India. Modi will also address people of Indian origin in Israel India's Foreign Secretary S. Jaishankar visited Israel a few days before finalizing the visit of Prime Minister Modi. There is a possibility that people of Indian origin in Tel Aviv can organize a reception in honor of Modi. After Israel, Prime Minister Modi will go to Germany to participate in the G-20 summit on July 7 and 8. After this, Modi will go to China in September. Modi will attend the 9th BRICS Summit going to be held in the city of Gym from 3rd to 5th September . On 27th September, Modi will go to America to participate in the United Nations General Assembly. After America, Modi will go to Canada. After this, going to Manila to participate in the East Asia Summit on November 13-14.
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After years of delay, India and Russia are likely to soon ink a "milestone" pact to finalise the detailed design for the fifth-generation fighter aircraft (FGFA) and move ahead with the multi-billion dollar co-development project. Government sources said almost all the ground work has been completed to finalise the deal for design of the jet as well as some other critical issues. "The contract for the detailed design would be signed soon and that will be a major milestone. It should be signed in the second half of the year," a top official involved in the negotiations with Russia on the project said. Asked whether India has linked the project to full-scale transfer of technology, the official, who requested anonymity, said both the countries are co-developers and India will have equal rights over the technology. "We are co-developers. There is nothing called technology transfer in this project. India has equal rights. We will have the wherewithal to continue production. We are equal partner in the project," he said. In the negotiations for the project, India had insisted that it must get all the required codes and access to critical technology so that it can upgrade the aircraft as per its requirements. In February last year, India and Russia had revived talks on the project after a clearance from then Defence Minister Manohar Parrikar. Since then, a lot of issues related to work share, IPR and technology transfer among others have been sorted out between the two sides, along with the monetary commitments. In 2007, India and Russia had inked an inter-governmental pact for the FGFA project.
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In this video i will show you how to create a own Facebook app with Thunkable app builder website in online. you can earn 1000 to 10000 per month. how to add abmob ads in facebook app and earn 15000 per month in thunkable with earning proof. FACEBOOK APP AIA PROJECT :- https://drive.google.com/open?id=1DAMVNT2Rlx_x5u1R03h_WlGT5iRuzIy_ ------------------------------------------------------------------------------------------------------------ MY ANOTHER CHANNEL 'TOP MONEY MAKING IDEAS' :-https://www.youtube.com/channel/UCAS0Igo0IV2lVubz0DUYivQ --------------------------------------------------------------------------------------------------------- LIKE, COMMENT, SHARE & SUBSCRIBE ---------------------------------------------------------------------------------------------------------- FACEBOOK:-https://www.facebook.com/Friendzonedps/ TWITTER:-https://twitter.com/PipanSarkar INSTAGRAM:-https://www.instagram.com/pipan__sarkar/ --------------------------------------------------------------------------------------------------------- ABOUT:-This channel is on make money videos and business ideas.Many people want to make money for them we upload videos. ------------------------------------------------------------------------------------------------------------ Important Note :- In this video some photos have been used, Which is not our own. All these pictures have been source from google images, Just for educational purpose. The entire credit of these pictures goes to its real owner.
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70 years of story of friendship between India and Russia has been completed. On April 13, 1947, Russia (the Soviet Union) and India had officially decided to set up a mission in Delhi and Moscow. This series of friendship started between the two countries continues even today after 70 years. Even though the close relationship between the United States and India has increased, the reality is that India's true friend is Russia. In the last 70 years, the international scene changed, many countries swept away in the civil war, and relations between many countries declined, but there was no scarcity in the relationship between India and Russia till date. In every difficulty of India, Russia has always been standing. Regardless of the world, Russia continued to be a friend of India on the international stage. On June 22, 1962, Russia, in the United Nations Security Council, used its 100th veto in support of India on the Kashmir issue. Indeed, in the Security Council, Ireland submitted a proposal against India regarding the Kashmir issue, which supported Ireland, Chile and Venezuela besides the United States, France, Britain, China (the permanent members of the Security Council). Behind this proposal, there was a large conspiracy of Western nations against India. Its purpose was to take Kashmir away from India and give it to Pakistan, but Russia played friendship with India and foiled this conspiracy. In the Security Council, Russia openly supported India and vetoed against the Irish proposal. Russia's help did not allow the proposal against India to pass. Earlier in the year 1961, Russia also used the 99th veto for India. This time Russia's Vito Goa was in favor of India on the issue. Besides this, Russia has been using its veto against Pakistan and in favor of India. From Russia's nuclear and space program, Russia has often contributed with India in development work. Prime Minister Narendra Modi has felicitously praised the friendship between India and Russia in an article written in Russian newspaper Russiaiskaaya Gajeta. India and Russia are not only diplomats but also economic, social and cultural relations. Even in difficult circumstances, Russia-India got the test of friendship.
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The central government will roll out the Goods and Services Tax (GST) law on June 30 midnight. The NDA-led government has made elaborate arrangement to celebrate its historic decision. While Bharatiya Janata Party has invited the Opposition to attend the Parliamentary session for the roll-out, parties including Congress, DMK and Trinamool have chosen to boycott the event in protest. GST has been in the offing for over a decade and its successful implementation is not only going to benefit the nation but will also be beneficial for BJP in the 2019 Lok Sabha elections. In the last 17 years, several governments have come and gone, but there has been no progress on the much anticipated law. GST reform is seen as a truly historic moment for the Modi government. The momentous decision by Prime Minister Narendra Modi's government is expected to reap in benefits for the nation's economy in years to come. Political experts strongly feel that GST reform and its ramifications will be consequential for the BJP in the 2019 Lok Sabha elections. GST AND DEVELOPMENT Economists and experts believe that GST, based on the one-nation-one-tax fundamental, will not only ease the troubles of traders but also help the government earn additional revenue. The government can further invest the additional revenue into several development projects which can benefit the citizens in various ways. GST - THE MOST AWAITED REFORM Much has been talked about the genesis of GST, but very little is known about its origin. Incidentally, in 1986, former finance minister VP Singh introduced Modified Value Added Tax (MODVAT) under the Rajiv Gandhi government. MODVAT was believed to be somewhat similar to GST. The MODVAT is believed to have laid foundation for the idea of a unified taxation law in India. After Rajiv Gandhi, it was Narsimha Rao government under which former prime minister Manmohan Singh, who was the then finance minister, endorsed Value Added Tax. After Narsimha Rao government, under the BJP-led government under Atal Bihari Vajpayee then finance minister Yashwant Sinha worked towards abating the dispute over sales tax. It was in 2000, when the Vajpayee government agreed to have a discussion over GST. The BJP government, in order to create a roadmap for the implementation of GST, formed a committee under the leadership of the then finance minister of West Bengal Asim Dasgupta. Tracing the trajectory of the law, it can be said that GST has been in the pipeline for the last 17 years. Now that the historic moment has come, PM Modi and his entourage are most likely to use it during their rallies for the 2019 Assembly elections. OPPOSITION UPHOLDS GST Although West Bengal Chief Minister Mamata Banerjee has vociferously objected to GST by boycotting the grand event, the state Legislative Assembly Sabha has passed it. The West Bengal Legislative Assembly's decision indeed substantiates the prowess of PM Modi's decision. With the increasing number of states passing GST, objections by the Opposition have been reduced to hollow claims. DONALD TRUMP HAILS GST In Prime Minister Narendra Modi's recent trip to the United States, President Donald Trump too appreciated the GST law. Talking about GST, President Trump said that the historic tax reform will reap in huge benefits and open new avenues for the Indian populace. He further said that GST will be one of the most significant tax reforms in the history of India.
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This Video is Best Compilation of #6 MS Dhoni Smart Moments in Cricket History..!! | Dhoni Brilliant Moments 1. CRICKET LATEST CONTENT, 2. CRICKET TOP 10'S, 3. CRICKET FUNNY VIDEOS 4. BEST CRICKET COMPILATION, Cricket Latest,latest,cricket,ms dhoni,dhoni,ms dhoni untold story,ms dhoni like a boss,mahendra singh dhoni,boss,best,fastest stumping ever,dhoni clever,dhoni clever moments,dhoni fooling opposition,dhoni unseen moments,clever dhoni trolling,dhoni the best wicket keeper,dhoni fastest stumping,dhoni clever running,dhoni clever runouts,7 incidents when dhoni fooled opposition like a boss with his brillia,top 6,Dhoni Smart Moments
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India will take up with China the intrusion of two Chinese helicopters into Indian air space, External Affairs Minister Sushma Swaraj said on Monday. "We will definitely take up the issue," Sushma Swaraj said in response to a question here. "I cannot say the way it will be taken up but we will take it up 101 per cent."
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Kashmir issue is too old,it starts with the independance of our country since 1947.At that time king of kashmir Hari singh agreed to joint with india but pakistan can't saw this,as inida is a hindu dominated country and kashmir is muslim dominated.As a result pak attacked kashmir on 1947,and capture some parts called POK.Pakistan again tried to capture kashmir through the wars of 1965 and 1971 but could not be sucessful.Pak understood that he couldn't come over india in direct war,so he tried to attack india indirectly. in 1988 pakistan launched operation called topak whose aim is to make people of kashmir anti india.Indian government didn't show interest in kashmir at that time,they only cared about how to be im power.As a result pakistan becomes sucessful in their plan and people started protesting against indian government.
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Real Madrid’s Portuguese forward star Cristiano Ronaldo recently added visiting India to his wish-list. He did so by going live on the social networking app- Instagram. The occasion was none less than a celebration for the star as he became the first ever sportsperson to reach 100 million followers on Instagram. Ronaldo thanked his fans from all over the world. He looked jolly and cheerful whilst he acknowledged the support of his followers from various countries. The Portuguese star mentioned a few countries during the live video. Among them was a message for his fans in India. “India is a place that I wanna go soon,” he said in the video.
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Even while India decided to boycott China's first Belt and Road Forum (BRF), China's richest man, the billionaire head of the Wanda Group, Wang Jianlin, praised India's economic potential at the summit and highlighted his group's ambitious plans for India. Wang, head of China's powerful conglomerate which has vast investments in real estate, development projects and in the film industry, was the most prominent Chinese businessman at the BRF, which was opened by President Xi Jinping on May 14 among 29 foreign leaders. India was the only major country absent at the summit, with the U.S., Japan and South Korea among those sending delegations. While some Chinese officials and scholars have suggested India's absence could lead to India's "isolation" and its missing out on the One Belt, One Road (OBOR)'s benefits - Xi announced more than a hundred billion dollar boost in new loans and infrastructure investments - Delhi's view is that India doesn't need to endorse a domestic Chinese initiative and that Chinese companies will invest in India regardless, for economic reasons. That argument was buttressed from an unlikely source, as in his keynote speech on tourism projects under OBOR, Wang chose to highlight the group's ambitious new projects in India - despite Delhi not being present. "Along the 'Belt and Road' are mostly developing countries with a sizable population and a considerable demographic dividend. For example, India is the world's second most populous country with a population of over 1.3 billion and a median age of 26 years, and Indonesia with a population of approximately 260 million, ranking 4th in the world, and a median age of less than 26 years. These countries are relatively lagging behind in tourism infrastructures and offer huge opportunities for tourism investments," Wang said. As examples, the billionaire interestingly chose to highlight Wanda's projects in Paris and in India. The former is Europe's biggest tourism investment, involving a 800,000 square metre project 10 km from downtown and a theme park, hotels and shops. Wang also mentioned the upcoming Wanda Industrial New City in Haryana. "The project is located in Haryana state within the Delhi-Mumbai Industrial Corridor and India's National Capital Region, in close proximity to urban Delhi," he said. "Covering 11 sq. km. of land, the project will have a manufacturing park, cultural tourism park and residential zone, with manufacturing and cultural tourism taking up more than 70 per cent of its total land area. After completion, the project will create more than 100,000 jobs. It is currently the largest investment project in India. The Wanda New Industrial City in India will attract manufacturers from around the world, especially Chinese manufacturers to take Chinese manufacturing to the world, while also in furtherance of India's own [Make in India] Indian manufacturing strategy." The project has reportedly faced teething troubles in land acquisition, but the Wanda chairman was bullish about its prospects. Wang suggested the tourism projects offered a different model from the vast infrastructure projects China is planning under OBOR. Some of those, such as port projects in Sri Lanka and projects in Myanmar, have triggered local protests amid perceptions that Chinese companies largely benefit. These, however, offered "a high revenue sharing ratio", Wang said. "Participants in the tourism industry are mostly medium, small and micro-sized enterprises and even individuals, with more than two thirds of tourism revenue going directly into the hands of individuals, thus directly enriching the people. This is unlike investments in manufacturing and infrastructures, for example, which benefit individuals in monetary terms only after two or three steps of transmission."
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Bhutan has protested to China over the construction of a road in disputed territory that has already heightened tensions between Beijing and the Indian government, reports said Thursday. Bhutan's ambassador to New Delhi, Vetsop Namgyel, said his government had called on China's People's Liberation Army to stop building the road in the district of Sikkim at a point where the Bhutan, Indian and Chinese borders meet. "We have issued a demarche to China through its diplomat .. ndia's army chief travelled to Sikkim on Thursday, days after Beijing accused Indian border guards of crossing into its territory to stop the construction of the road. Indian media said China had stopped pilgrims crossing into Tibet to visit a mountain revered as the home of the Hindu god Shiva. India and China have long disputed parts of their frontier in the Himalayas. In 1962 there was a brief war over the Indian state of Arunachal Pradesh. In 2014, Chin ..
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China has unveiled a track-less train that runs on virtual rails in a bid to speed up public transportation in major cities. The new trains were announced on June 2 in Zhuzhou, China's Hunan province and are said to be non-polluting, reports the People's Daily Online. The Chinese rail corporation began designing the new system in 2013 and it is set to begin operating in 2018. The transit system uses rubber wheels on a plastic core and has new technology copyrighted by the Chinese rail corporation. It means that the trains can be automatically guided without rails. It is set to be launched in the city of Zhuzhou in a bid to help traffic numbers in the area. According to reports, the new train is set to cost around the fifth of the price of a traditional subway system which usually costs around 400 million yuan to 700 yuan (£45.6 - £79 million). The track-less train is also said to have a life-span of around 25 years. Video footage shows the new car being tested.
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The fifth and the sixth unit of India’s largest nuclear power plant in Tamil Nadu will cost about Rs 50,000 crore to build with half of it being funded by Russia as loan. The project will take seven years to start generating electricity, Nuclear Power Corporation of India (NPCIL) Chairman and Managing Director S K Sharma told PTI. India and Russia yesterday signed an agreement for the two new reactors for the Kudankulam Nuclear Power Plant (KNPP) on the sidelines of the annual summit between Prime Minister Narendra Modi and Russian President Vladimir Putin. “The entire project will cost about Rs 50,000 crore. The first unit will be commissioned in 66 months and the second six months thereafter,” Sharma said. Atomstroyexport, a unit of Russian state nuclear corporation Rosatom, will build the reactors. “The project will be funded in 70:30 debt-equity ratio (70 per cent debt, 30 per cent equity),” he said. The Russian government will lend India USD 4.2 billion to help cover the construction cost. Sharma said the equity portion of project will either come from NPCIL’s own resources or from government. At the agreement signing ceremony yesterday, Russian President Putin said the first unit of the Kudankulam nuclear power plant was put into operation. “The most reliable, latest Russian technology was used in its construction. The plant’s second unit has also started to generate electricity. “At a joint teleconference in October 2016 with Narendra Modi we launched the construction of the plant’s third and fourth units. And we reaffirmed our intention to build in India at least 12 Russian-designed energy units, which will make a large contribution to the development of India’s nuclear industry,” he said. The KKNPP was the outcome of an inter-governmental agreement between the erstwhile Soviet Union and India in 1988. It is the single largest nuclear power station in India. The power station was envisaged to have six units with total capacity to generate 6,000 MW of electricity (1,000 MW each). Construction on the plant began on March 31, 2002 and Unit 1 was synchronised with the southern power grid in October 2013. The second unit started generating electricity in August last year. The original cost of the two units was Rs 13,171 crore, but it was later revised to Rs 17,270 crore. Russia advanced a credit of Rs 6,416 crore for construction of the two units. Construction of plant’s third and fourth units was launched last year and will cost Rs 39,747 crore. While the cost of generating power from first two units is reported at Rs 4.29 per unit, the cost from 3 and 4 is likely to be significantly higher than that. Units 3 and 4 of the Kudankulam plant are expected to be commissioned by 2022-23. The Russian built Water-Water Energetic Reactor (VVER) reactor Kudankulam unit 1 and 2 are the largest power generating stations in the country. After all the units (1-6) of the plant are commissioned, the nuclear park will have the power generating capacity of 6,000 MW, boosting significantly the country’s nuclear power generation. The current nuclear power generation capacity of all 22 nuclear power reactors in India is 6780 MW.
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China is organising a grand two-day summit tomorrow to showcase its plans to build a network of trade routes—One Belt, One Road (OBOR)—that will connect Asia, Africa, the Middle East and Europe. Nearly 65 countries are expected to take part in the summit though only 20 heads of state will attend. China plans to issue a joint statement at the end of the two-day summit to showcase a wide approval of its ambitious project. India and Japan have shown reluctance to attend the summit. While Japan will send a delegation, India has refused to send any representative. The US took a U-turn at the last moment and will send a representative. What is OBOR? Inspired by the Silk Road, the medieval trade routes between Europe and Asia, the OBOR project will be a vast network of sea and land routes across dozens of countries. It will impact 4.4 billion people. China is said to be spending $1 trillion on it. It is not one project but six major routes which will include several railways line, roads, ports and other infrastructure. China claims these economic corridors will not only build infrastructure in countries that cannot afford to do it themselves but also boost global trade. Most of the countries in Asia and all of India's neighbours, except Bhutan, are willing to take part in the project. Who will benefit more: China or the host countries? The participating countries will benefit in terms of infrastructure and trade. OBOR can be an easy and fast way for many small countries to acquire important infrastructure projects which they cannot afford otherwise. But all this will come at a huge hidden cost. China will lend money for OBOR projects to host countries at high rates of interest which the countries may not be able to repay. This can lead to China acquiring equity and then controlling stakes in these projects, getting a permanent footprint in several small countries which is nearly impossible for it to achieve otherwise. OBOR can provide big long-term benefits to the Chinese economy. OBOR can give it opportunities to use its overcapacity in steel and minerals. The trade routes will give it access to new markets. Permanent Chinese presence in dozens of countries will give China an edge over its rivals in trading with these small countries. China can even spread its manufacturing across countries as manufacturing costs such as power and wages in China are going up. If OBOR becomes a reality, it can help China create a vast economic empire in Asia and Africa. Is it all about economy and trade? No. China always hides its military plans in its economic projects. A vast infrastructural footprint in dozens of countries in Asia and Africa will eventually mean a strong Chinese military presence across OBOR. A small country that hosts infrastructure created by China and unable to repay the loan will be vulnerable to China's diplomatic and military moves. Why is India not attending? A key part of OBOR is China-Pakistan Economic Corridor (CPEC), a 3,000 km project connecting Pakistan's deep-water port Gwadar and China's Xinjiang. It passes through Gilgit-Baltistan region which lies in Pakistan-Occupied Kashmir. The Chinese presence in a disputed region which India claims as part of its own territory raises sovereignty concerns for India. India is said to have officially flagged this as its only reason for not taking part in the OBOR summit. However, a major security concern is CPEC giving China control of Pakistan's Gwadar port. Add to that OBOR boosting the Chinese presence in the Indian Ocean. OBOR will turn China's old 'string of pearls' policy to encircle India into a reality.
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“However, as India was not willing to develop the project on a collaborative basis, it was not possible for Pakistan to support it as a regional project under the umbrella of SAARC. The Satellite was then renamed as ‘South Asia Satellite’ as the project was taken out of the SAARC ambit,” he said. Seven of the eight SAARC countries—India, Sri Lanka, Bhutan, Afghanistan, Bangladesh, Nepal and Maldives—are part of the ambitious project. Giving a fillip to India’s new age space diplomacy and “neighbourhood first” policy, the Rs235 crore satellite GSAT-9 built as part of a Rs450 crore project and touted as an ‘invaluable gift’ to India’s neighbours is seen as a significant move in countering Chinese interests in the region. The project is funded entirely by India. The cuboid-shaped 2,230 kg satellite named SAS will enable a full range of services to the neighbours, including in telecommunication, television, direct-to-home, VSATs, tele-education and telemedicine. The South Asian Satellite (SAS) mission life is 12 years.
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An indigenous rocket as heavy as 200 full-grown Asian elephants could well be the one taking “Indians into space from Indian soil” as the country inches closer to joining the big boy’s space club. Standing tall on the rocket port at Sriharikota in Andhra Pradesh is the country’s latest rocket called the Geosynchronous Satellite Launch Vehicle Mark III (GSLV Mk— III), the heaviest rocket ever made by India that is capable of carrying the heaviest satellites till now. The Indian Space Research Organisation (ISRO) enters into a bold new world muscling its way to make its mark in the world’s heavy weight multi—billion dollar launch market. “We are pushing ourselves to the limits to ensure that this new fully self—reliant Indian rocket succeeds in its maiden launch,” ISRO chairman A S Kiran Kumar said. It is the maiden experimental launch of GSLV—Mk III earlier named Launch Vehicle Mark—3, but if all goes on well in a decade or after a slew of at least half a dozen successful launches, this rocket could be India’s vehicle of choice to launch “Indians into space, from Indian soil using Indian rockets“. This heavy lift rocket is capable of placing up to 8 tons in a low Earth orbit, enough to carry India’s crew module. ISRO has already prepared plans of hoisting a 2—3 member human crew into space as soon as the government gives it a sanction of about 3—4 billion dollars. If the human venture materialises, India would become only the fourth country after Russia, the US and China to have a human space flight program. Incidentally ISRO asserts the first Indian to go into space could well be a woman! “In principle, it will be the GSLV Mk—3 or its variant that will be human rated in future,” Kumar confirms. In the intense pre—monsoon heat, India’s rocket port is buzzing with feverish activity as engineers from the Indian space agency get set to launch an all new indigenously—made rocket. It is the heaviest fully—functional rocket to reach the launch pad weighing 640 tons or almost 5 times the weight of a fully loaded Jumbo Jet airplane. The new rocket is capable of carrying satellites of four ton class into the geosynchronous orbit and opens a whole new window through which ISRO can now explore the universe. It is estimated that the new rocket costs a whopping Rs 300 crore but the country would end up saving almost as much when an Indian launcher is used to place New Delhi’s communication satellites. Today India uses the French Ariane—5 rocket launched from Kourou in South America to place its heavy 4 ton class of communication satellites. Kumar asserts that the GSLV—Mk III is a rocket designed and made in India from scratch and hence engineers from ISRO are very keen to tame this new monster in its very first attempt. Not an easy task, since India’s track record suggests that maiden launches of its rockets often end up in failure. The Polar Satellite Launch Vehicle (PSLV) failed on its maiden launch in 1993 and since then it has had 38 consecutively successful launches and the Geosynchronous Satellite Launch Vehicle Mk—1 (GSLV Mk—1) failed in 2001 and since then it has 11 launches with half of them successful. Space fairing is a very risky business and all nations the US, France and Japan and even the new private companies have had failures in recent times like the spectacular Falcon—9 rocket in 2016. Hopefully, the GSLV—Mk III will break that jinx. India already has two operational rockets —— the workhorse PSLV that can hoist satellites of 1.5 tons into space and was the preferred vehicle for India’s maiden mission to Moon and Mars. The second —— the Geosynchronous Satellite Launch Vehicle Mark II can hoist 2 ton class of satellites and because of its repeated failures it was dubbed ‘the naughty boy of ISRO’ Between them, ISRO has done 50 launches and recently even earned a world record by successfully placing 104 satellites in orbit. The new GSLV—Mk III is an all new vehicle designed and developed in India and in 2014 a sub—orbital successful test of this vehicle was conducted to understand how it performs in the atmosphere. The rocket never went into space but helped test India’s future astronaut capsule. It had a dummy cryogenic engine and was a single stage vehicle.
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Former Australia captain and legendary batsman Ricky Ponting feels Rahul Dravid would be the best man to replace Anil Kumble as the next coach of Indian cricket team. Here's why BCCI is unhappy with Kumble BCCI has already started the process to look for Team India's new coach and even invited applications for the same, as Kumble's contract will expire post Champions Trophy 2017. The BCCI is apparently unhappy with Kumble and if reports are to be believed then, the board is not in the mood to extend the former India skipper's contract. Has Kejriwal sacked Jethmalani ? AAP refutes 7th Pay Commission: Employees in dark, fear they may never get allowances For the love of Lord Krishna, UP’s homeless widow donates Rs 40 lakh to build gaushala Featured Posts In such a scenario like this, Ponting has suggested that Dravid, who is the coach of India A and U-19 team, is the best suited be the next head coach of Indian cricket's the senior men's team. Ponting feels Dravid has a lot to offer and the new crop of Indian cricketers will get to learn a lot from the veteran's experience. As per a Zeenews report, Ponting was quoted as saying, "It's not my decision to make and it depends on what BCCI are looking for. Do they want an Indian coach or an overseas one? I don't think BCCI will find many better candidates than someone like him. If he's interested in doing the job, he will do a good job." File photo: Rahul Dravid "He's got a lot of knowledge, is very experienced and understands all three formats because he has worked in IPL. He will be a great candidate but it depends on what the BCCI thinks is the best fit for the Indian cricket team and also depends on what the captain wants. Whatever Virat (Kohli) wants around the Test team, I am sure the BCCI will listen to him." Kumble's aggressive push to restructure the central contracts of the Indian players and support staff hasn't gone down well with the board. Of late, Kumble's stance on players' pay hike and the manner of his demands has not gone down well with the powers that be in the BCCI. The board, however, hasn't closed the doors for Kumble as it said the present coach is still in contention. "Obviously, he is in contention as the current chief coach," a BCCI official was earlier quoted by sources as saying.
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In a bid to replace aging Indian helicopters, India and Russia on Thursday signed an agreement for the production of 200 Kamov 226T choppers. The USD 1 billion deal will replace the aging Cheetah and Chetak choppers that the Indian army uses in high altitude areas. The agreement was inked on the sidelines of the 2016 BRICS Summit in Goa from October 13 to October 16. The agreement is a big step in cooperation between Russia and India in the area of helicopter production and service. Talking about the agreement, Rostec State Corporation earlier in a statement said, “The complex agreement to set up a joint production facility of Ka-226T helicopters is expected to be signed at the BRICS forum.” Rostec State Corporation is a organisation of about 700 Russian firms which was founded in 2007 to promote development, production, and export of high-tech industrial products for civil and military purposes. Negotiations on the expansion of military-technical cooperation and strengthening trade relations with India was held.
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Buoyed by the successful launch of the South Asia Satellite, the Indian space agency is now busy preparing for the maiden launch of its heaviest rocket — the 640-tonne Geosynchronous Satellite Launch Vehicle-Mark III (GSLV Mk III).The notable aspect of this rocket is that the main and bigger cryogenic engine has been developed by space scientists here and will be powering the rocket for the first time. “Our 12 years of labour is expected to bear fruit this June. Preparation for the June launch of GSLV Mk III rocket carrying communication satellite GSAT-19 is on at Sriharikota,” K. Sivan, Director, Vikram Sarabhai Space Centre (VSSC), told IANS.All the officials are confident of the proposed mission’s success. The strap-on motors and the core stage/engine have been integrated,” Sivan added. Queried about the slight postponement in the rocket’s launch — earlier it was said the rocket would fly end-May — Sivan said: “As this is a new rocket, we want to carry out extensive tests and hence there has been a slight change in the launch schedule.” According to him, the GSLV Mk-III will make its maiden voyage during the first week of June. The GSAT 19, weighing around 3.2 tonnes — the heaviest satellite to be lifted by an Indian rocket — is already at the Sriharikota rocket port. “The rocket’s design carrying capacity is four tonnes. The payload will be gradually increased in the future flights of the GSLV Mk-III,” Sivan said. According to ISRO, GSAT-19 is a multi-beam satellite planned to carry Ka and Ku band forward and return link transponders. The satellite’s design lifespan is 15 years. The Indian space agency had flown a similar rocket without the cryogenic engine but with 3.7 tonne payload in 2014. “That was mainly to test the structural stability of the rocket while in flight and the aerodynamics,” Sivan said. During the atmospheric flight phase, a rocket will encounter different kinds of pressures. “The 2014 mission was a success. The vehicle performed as expected but gave data for slight modifications in rocket’s outer shield to improve the aerodynamics. The shape of the heat shield and the strap-on motors has been slightly changed now,” Sivan said. “That mission proved the transition of stage (engine) burn, the rocket’s overall design and the separation of various stages,” S. Somanath, Director, Liquid Propulsion Systems Centre (LPSC), told IANS. Somanath, who was earlier Project Director for the GSLV Mk-III, said the inputs of the 2014 mission enabled ISRO reduce the load on the rocket by around 20 per cent. “Designing the rocket engines and, more particularly, the cryogenic engine of the GSLV-Mk III is not a simple extrapolation of specifications of the GSLV Mk-II’s cryogenic engine,” Somanath said. The mass of the GSLV Mk-III’s cryogenic engine is double that of the GSLV-Mk II’s cryogenic engine. “The GSLV-Mk II cryogenic engine’s propellant volume is 12 tonnes while that of GSLV- Mk III is 27 tonnes. The thrust power of the bigger cryogenic engine is 19.5 tonnes while that of the previous engine was 7.5 tonnes,” Somanath said. As to the learnings from developing the cryogenic engine for the GSLV-Mk II, Somanath said: “It enabled us to learn about cryogenic materials. It gave us the experience in handling cryogenic materials. We also established the various procedures from scratch.” According to Somanath, ISRO has got the government’s approval to build more GSLV-Mk II rockets and orders for hardware have been placed. India presently has two rockets — the Polar Satellite Launch Vehicle (PSLV) and GSLV-Mk II — with a lift-off mass of 415 tonnes and a carrying capacity of 2.5 tonnes
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India's non-existence in the forest belt one-road summit in Beijing has faded to China. This is the reason that India's non-existence in the One Belt One Road Summit remained the subject of discussion. Chinese media prominently published the news of not taking part in India in this summit. The Chinese newspaper Global Times said that India did not participate in this summit due to the China-Pakistan Economic Corridor (CPEC) being built under the Forest Belt One Road project. At the same time, the Chinese President said on India's concerns for the sake of the name that all countries should respect each other's sovereignty . Indeed, India is firmly opposed to the CPEC, which has gone through Gilgit, Pakistan-Occupied Kashmir (PoK). The people of Gilgit, Hunja, Skardu and Ghizar have sharpened protests against CPEC. While on one side Pakistani PM Nawaz Sharif was praising the CPEC, while on the other side people in Gilgit, Hunja, Scurdu and Ghizar were protesting against it. Protesters say China is capturing Gilgit with the help of Pakistan. With tapping the resources of Gilgit, China is building its military base to deal with the US. Apart from this, questions have been raised about the Gilgit-Baltistan Chief Minister not being with the Pakistani PM in this summit. Local people say that Nawaz Sharif took with him the Chief Ministers of the four provinces, but why did not take any leader of Gilgit-Baltistan? Apart from this, the Baloch activists are also against the CPEC of China. India did not come away despite Kashmir issue China knows very well that without involving India, it can not succeed in reaching its project. This is the reason that India's non-existence in the forest belt One Road Summit has been the subject of discussion. The Chinese newspaper The Global Times said that China has said many times that joining India's One Belt One Road project will not affect the Kashmir issue. He will not interfere in it, but India is still not participating in this summit. However, the Chinese newspaper also said that despite making the distance of India, there will be no impact on this project. Message on China's intentions China says that the One Belt One Road project will connect 65 countries, which will lead to economic stability and development. Also, cultural relations between the people of these countries will be strengthened. Although the heads of these 44 countries including India from this summit cut off the side by personally participating. These countries only sent their diplomats to the summit. China's intention is not only on India and Vietnam, but European countries are also skeptical. Diplomats from European countries, who arrived to participate in the One Belt One Road Summit, were feeling uncomfortable seeing China's move. Many countries, including Germany, did not accept China's Financial Guidelines line in this regard. Chinese President chaired Round Table Summit Chinese President Xi Jinping held a round table meeting with the heads of the last day of China's Beijing-based Forest Belt One Road Summit. Other leaders, including Russian President Vladimir Putin, Pakistani PM Nawaz Sharif, were present in the meeting chaired by the Chinese President. North Korea's missile test summit in North Korea's North Korea missile test, the atmosphere in the forest belt one road summit in China was heated. America complains of North Korea from China about the missile test Representatives from North Korea and the US are participating in this summit. Apart from this, Russia also increased tension by opposing North Korea's missile test.
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President Vladimir Putin asserted today that Russia’s “trust-based” relations with India -- which he described as one of its “closest friends” -- will not be diluted by Moscow’s growing ties with Pakistan and other countries. In an interview to PTI, Putin told that there is no other country in the world with which Russia has such “deep cooperation” in delicate areas including missile technology, and it benefits from cooperation with India. But at the same time, Putin sidestepped a question on Kashmir, and said “it is up to you” to assess whether Pakistan is fuelling terrorism in the Indian state. “But no matter where the threat comes, it is unacceptable and we will always support India in its fight against terrorism,” he added. Putin further said that just because Russia has a “special relationship” with India, it does not mean India should be restricted in having contacts with other “partnering countries. This is ridiculous.” “We do not have any tight (military) relations with Pakistan. The US, do you have (close relations)?,” he said, speaking through an interpreter. “And for sure our relations with Pakistan have no impact on trade between India and Russia.”India is a huge country of more than 1 billion population. Russia is also a huge country. Both Russia and India have a lot of context and mutual interests. We are respectful toward all Indian interests,” he said, citing the deep defence relations between the two countries. “I don’t think we should push figures here in our military cooperation because it has an unprecedented level in its volume and quality. (But) there is no other country in the world that we have such deep cooperation in delicate areas such as missiles, and we benefit with cooperation with India. And this results from our trust-based relations with India,” he said. He did not elaborate, but this was a clear reference to the Russia’s long willingness to share high-end defence technology including missile technology with India, which most other countries restrict. On a question if Russia will use its influence to get Pakistan to stop terror attacks in Jammu and Kashmir, he said, “We will always support India in its fight against terrorism. I believe Pakistan is taking immense steps to stabilise the situation in the country.” He noted that India and Russia, as part of their summit, are “having a frank dialogue on all these threats. India for us is one of our closest friends. We not only understand each other but also support each other.” The interaction was held at the Konstantin Palace, a sprawling complex of grand buildings filled with 18th century paintings, porcelain, lawns, waterways and pavilions overlooking the Gulf of Finland.
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Natural gas built the high-rises of Qatar's capital, put the Al-Jazeera satellite news network on the air and a fleet of passengers jets for its state carrier in the sky. Now, it may be what protects Qatar as it is in the center of the worst diplomatic crisis to strike the Gulf in decades. As the world's biggest exporter of liquid natural gas, Qatar's supplies keep homes warm in the British winter, fuel Asian markets and even power the electrical grid of the United Arab Emirates, one of the main countries that has cut ties to the energy-rich nation. So far, its supplies have continued uninterrupted since the diplomatic dispute began last week. Natural gas markets have yet to respond to the rift and prices have remained stable. But Qatar wields a potential economic weapon if the crisis escalates and countries around the world that depend on its supply may find themselves needing to side with the tiny nation that is home to a major U.S. military installation. "If Qatari gas exports were to be blocked, countries like Britain, Japan, South Korea and China would have an energy crisis and would have to scramble to get their energy elsewhere," said Kristian Coates Ulrichsen, a Seattle-based research fellow at the James A. Baker III Institute for Public Policy at Rice University who has extensively studied Qatar. "For any small country, particularly a small country in the Gulf surrounded by much larger and potentially expansionary powers, having international partnerships is a key tool of your external security," he said. "I think that may be what the Qataris are banking on right now." Qatar, a country of 2.2 million people where citizens make up over 10 percent of the population, discovered the offshore North Field in 1971, the same year it became independent. It took years for engineers to discover the field's vast reserves, which shot Qatar to No. 3 in world rankings, behind Russia and Iran, with which it shares the North Field. It began exporting natural gas in 1997, just after Qatari Crown Prince Hamad bin Khalifa Al Thani seized power from his father, Sheikh Khalifa, in a palace coup. Sheikh Hamad used revenue from the natural gas to pursue a diplomatic path away from Saudi Arabia, long the heavyweight among Gulf countries. Qatar also secured hosting the 2022 FIFA World Cup, relying on that money to build stadiums and develop Doha, its capital. But all that time, Qatar kept a wary eye on its neighbors. Though both it and Saudi Arabia practice an ultra-conservative form of Sunni Islam called Wahhabism, Qatar allows women to drive and foreigners to drink alcohol. Qatar also has clashed with Saudi Arabia and Bahrain over territory in the past. As a hedge, Qatar hosts some 10,000 American soldiers and the forward headquarters of the U.S. military's Central Command. Other nations also operate forces out of Qatar. Its military, numbering around 11,800 troops, is only bigger than Bahrain's. "They really began an effort to escape the Saudi shadow and to carve out an autonomous regional and foreign policy that would be distinct," Ulrichsen said. "It took on much more of an edge in 2011 when they really backed different sides in the Arab Spring. Qatar obviously made a bet that Islamists and the Muslim Brotherhood would be the group to back and clearly that over time failed to pay off." That support sits at the heart of Bahrain, Egypt, Saudi Arabia and the UAE severing off diplomatic ties June 5 and cutting off Qatar from its land, sea and air routes. So far, Qatar has made a point of not retaliating against those nations. Qatar's shipborne exports of liquid natural gas have continued to travel unhindered out of the Persian Gulf as well, though they could be a target if the crisis escalates. Qatar's biggest Asian clients are Japan, India and South Korea, according to energy research firm Wood Mackenzie. About a third of British gas supplies come from Qatar, which leads Europe. Saad Sherida al-Kaabi, Qatar Petroleum's president and CEO, said Saturday that he wanted to assure customers "of our determined efforts to continue uninterrupted supplies." A statement from the state-run firm also made a point to note that the UAE, Egypt and Jordan all rely on its natural gas. Qatar could retaliate by shutting down the undersea Dolphin Energy pipeline, which sends about 2 billion cubic feet (56 million cubic meters) of natural gas a day into the UAE, about a third of its daily need. About 200 million cubic feet (5.66 million cubic meters) of that goes onto Oman.
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Pakistan's intelligence agency ISI and the Pakistan Army are continuously engaged in the infiltration of terrorists through the launch pad across the border. If every move is going on for infiltrating Pakistan, India does not want to leave any core force to stop this infiltration. That is why the BSF, which is protecting the International Border, has started the operation of smart fencing from Jammu. Emphasizing the tight security arrangements on the border spreading 3,323 km of India adjoining Pak, the government has begun to implement the proposal to equip the border fencing with technology. Under the Comprehensive Integrated Border Management System (CIBMS), the work of securing the border of India, Pakistan on the lines of Israel has begun. Along with smart fencing, the laser wall is also being installed in the area of river basins. Apart from this, arrangements are also being made to monitor underground sensors and cameras . Through the 5-level security arrangements, the Home Ministry wants to seal the Indo-Pak border completely to prevent infiltration. Under this, testing of new techniques of smart fencing was conducted for several months at the Technopak Academy of BSF for several months, after which the first launch of Smart Fencing has been started with the Indo-Pak International Border of Jammu. The four states passed through the Indo-Pak border Pathankot attack in April 2016 under the chairmanship of former Union Home Secretary Madhukar Gupta, the committee was constituted by the Home Ministry. The committee had proposed technical requirements in security arrangements in view of the horrific exports from across the border, after which the agreement was adopted after the Uri terrorist attack. With Pakistan, India's border passes through four states, Jammu and Kashmir (including 1,225 km, LoC), Rajasthan (1,037 km), Punjab (553 km) and Gujarat (508 km), to prevent infiltration at all places. The government is taking a big step. Work has already begun for this.
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1400-year-old Buddha idol found in Odisha village. Students of Utkal University, Bhubaneswar, have discovered a 1400-year-old idol of Lord Buddha with seven-head snake at Govindapur near Banapur in Odisha’s Khurda district, nearly 100 km from Bhubaneswar. While 80 per cent of the five-foot statue was buried in the soil, the face of Lord Buddha with seven-head snake was found outside the ground. The varsity researchers have sought assistance from Archaeological Survey of India (ASI) and State Museum for more research on the statue. The ancient idol was first discovered by Dakhineswar Jena, a student of Department of Ancient Indian History, Culture and Archaeology, under a banyan tree. After Mr Jena discussed with his assistant professor Anam Behera, a team of researchers led by Prof Behera and comprising of students Minaketan Sundar Ray and Ramakant Pradhan along with Me Jena, started digging near the tree in Govindapur area. After digging around 3-ft, they first found seven-head snake and later the Buddha statue was unearthed. “The discovered statue of Lord Buddha is nearly 1400-year-old. It has similarities with the statues discovered earlier from Ratnagiri and Lalitgiri in Odisha’s Jajpur district. The recent discovery shows that the Buddhists were residing in Banapur area in Khurda district earlier,” Prof Behera said on Wednesday. Such rare idols of Buddha are also found in few other places in Odisha. Twenty years ago, a farmer had found the statue when the upper portion of the snake’s hood was hit by his bullock cart while tilling his land. Without digging it further, he ignored it thinking it as a rock. Subsequently, people forgot the incident after a banyan tree grew near the statue almost covering it under its roots, the locals said.
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Despite overtaking the US last year to become the world's second largest internet user base after China, India is still behind many Asian countries when it comes to internet speed. But things are set to change in the next 18 months when Indian Space Research Organisation+ (ISRO) plans to usher in an age of high-speed internet in the country with the launch of three communication satellites. Speaking to TOI, Isro chairman Kiran Kumar said, "We will launch three communication satellites. GSAT-19 in June and GSAT-11 and GSAT-20 thereafter. GSAT-19 will be launched by GSLVMk III, Isro's next-generation launch vehicle boosted by an indigenous cryogenic engine that is capable of carrying a four-tonne satellite to the geosynchronous transfer orbit. These satellites will use multiple spot beams (a special kind of transponder that operates on a high frequency) that will increase internet speed and connectivity. These multiple spot beams will cover the entire country." A spot beam is a satellite signal that is specially concentrated (sent by a high-gain antenna located on the satellite) so that it covers only a limited geographic area on earth.
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It's a precarious situation for Anil Ambani-owned Reliance Communications. On Monday, it announced fourth quarter results that suggest that things are not going fine for RCom. The company reported considerable drop in revenues and net profits, both annually and sequentially. For instance, RCom's revenues dipped 24 per cent to Rs 4,524 crore in January-to-March 2017 as compared to corresponding period last year. The company reported net loss of Rs 948 crore in last quarter as against net profits of Rs 79 crore in the same period last year. RCom's core business, that is telecom services, is witnessing steady decline over the past few quarters. The last quarter was particular weak because it reported deterioration in both voice and data businesses. For instance, the number of voice subscribers shrunk to 84.7 million in fourth quarter of 2016/17 from 103.6 million in the same quarter last year. The voice ARPU (average revenues per user) fell from Rs 107 a year ago to Rs 87 now. The onslaught by Reliance Jio has affected the voice revenues of all telecom operators, largely affecting their voice ARPUs, but in the case of RCom, it's even worse. The drop in Rcom's voice customers shows that people are switching from its network to other telcos. So far, the larger operators like Airtel, Vodafone India and Idea Cellular have kept their voice customer intact. RCom, on the other hand, have not been able to customers under its fold who are leaving in hordes, as the latest numbers suggest. The telecom market is shifting from voice to data. While the average revenue realization per customer has dipped for most telcos, they have been able to increase their overall mobile broadband customer base. The rise in data traffic is making up for the fall in data ARPUs. However, that's not the case with RCom. It has registered decline in total data customers, total data traffic and data usage per customer. For instance, its total data customers fell from 38.9 million a year ago to 28.3 million in the last quarter. The total data traffic on its network dropped to 79,554 million megabits in the last quarter to 104,743 million megabits a year ago. To make the matter worse, the telco is now staring at a possible crisis with its outstanding debt. The company's gross debt stood at Rs 45,733.4 crore as on March 2017. RCom has said that it's likely to retire about Rs 25,000 crore debt from the sale of its towers business to Brookfield and impending merger with Aircel. The lenders have turned cautious though, and categorised their exposure to RCom as special mention account.Mukesh Ambanis
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China on Tuesday said it will stick to its “two-step approach” for admitting non- NPT countries such as India into the Nuclear Suppliers Group (NSG) while declining to comment on New Delhi’s efforts to urge Moscow to convince Beijing about its bid to join the bloc. “Since Russia and China share good relations, it should talk to China. We are not asking them to put pressure on China, but use its good offices,” external affairs minister Sushma Swaraj told a news briefing on Monday about how India planned to get into the 48-member group that controls trade in nuclear know-how. China’s foreign ministry spokesperson Hua Chunying did not make a direct reference to Swaraj’s statement but reiterated China’s stand on the admission of countries that are signatories to the Nuclear Non-Proliferation Treaty (NPT). “The application for accession by non-NPT countries is a multilateral question and should be addressed on the basis of consensus of the NSG members. China and other members, including Russia, maintain close communication and we also maintain that we should act in accordance with the principles of the NSG,” Hua said. She explained the “two-step approach”, which China proposed last year.
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India on Wednesday offered $500 million concessional line of credit to Mauritius for key infrastructure projects as the two nations signed five pacts, including on ocean economy, Prime Minister Narendra Modi's visit to the strategic Indian Ocean island nation. "I consider our security cooperation to be a cornerstone of our strategic partnership. We intend to quickly build the petroleum storage and bunkering facility in Mauritius," Prime Minister Modi said at the signing of the pacts following talks with his Mauritian counterpart Anerood Jugnauth. Mauritius, in turn, offered India cooperation on information exchange on taxation. "I also conveyed our deep appreciation for the support and cooperation offered by Mauritius on information exchange on taxation
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India has asked its nationals in Qatar to stay alert and modify their travel plans after several Gulf nations cut off diplomatic ties with Doha accusing it of supporting terrorism. On Monday, Saudi Arabia, the UAE, Bahrain and Egypt announced that they were cutting diplomatic relations with Qatar, along with the closure of travel links. The Gulf nations accused Qatar of supporting "terrorism". Air connectivity provided by several airlines between these countries has been disrupted, as a result of the cancellation of a number of flights. Indian travellers are, therefore, requested to contact their travel providers for advice on modifications to their travel arrangements and also remain alert to further developments, according to a statement by the Indian embassy in Doha. The Indian embassy said that it is monitoring the situation closely and is in touch with the Qatari authorities to ensure the safety and security of Indian nationals in Qatar. The Qatari authorities have conveyed that they will take all necessary steps to ensure that normal life, including supplies of food items, is not affected. "There is nothing happening in the region that suggests any threat to the physical safety and security of residents in Qatar," the statement added.
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Prime Minister Narendra Modi and Russian President Vladimir Putin meet today for an annual summit the highlight of which is expected to be the signing of an agreement to build the last two units of the Kundankulam nuclear power plant with Moscow's help. The two countries are also expected to sign a number of other agreements in wide-ranging sectors, including in science and technology, railways, cultural exchanges and other business areas between private parties also, in addition to a "vision statement" that the two leaders will release. THE NUCLEAR DEAL The nuclear deal, if signed, would be the centrepiece of the summit, and the two units of the plant, with capacity to produce 1,000 MW of electricity each, will significantly boost India's nuclear power generation. Indian officials have told PTI that last-minute talks are taking place with Russian officials to work out the language of the agreement on a line of credit for building Unit 5 and 6 of the nuclear power plant in Tamil Nadu. The reactors are being built by India's Nuclear Power Corporation of India Ltd (NPCIL) and Russias Atomstroyexport company, a subsidiary of Rosatom, the regulatory body of the Russian nuclear complex. "There is a lot of mutual trust and personal chemistry between the two leaders that has developed over the last three years," Pankaj Saran, Indias ambassador to Russia, told PTI. Also at the summit today, "the leaders will take stock of the current relationship and discuss a blueprint for a vision of the future," he said. The prime minister last night arrived in the Russian city of St Petersburg, the former capital of imperial Russia that was founded by Czar Peter the Great in 1703, and was also known as Petrograd and Leningrad, on a three-day visit. Other than the annual summit, he will attend the St Petersburg International Economic Forum tomorrow. Its the first time that an Indian prime minister is attending the economic and business summit. INDIA, RUSSIA TARGET US$ 30 BILLION TRADE Trade between the two nations stands at US$ 7.8 billion, down from US$ 10 billion in 2014. The two nations are targeting to raise the trade to US$ 30 billion in the next five years. Modi will begin his Russia sojourn with a visit today to the Piskariovskoe cemetery, a memorial for some 500,000 Russians who were killed in the siege of Leningrad in World War II, which the Russians call the Great Patriotic War. Modi will then be received by Putin at the Konstantin Palace, a sprawling regal complex that is also the Russian presidents official residence where he hosts world leaders. After the summit, Putin will host Modi at a private dinner without any aides. Ahead of his arrival, Modi wrote an article in Russian newspaper Rossiyskaya Gazetta in which he said India and Russia are "natural partners" in fighting terrorism and asserted that ties between the two nations have "withstood the test of time." INDIA, RUSSIA RELATIONSHIP HAS STOOD TEST OF TIME: PM MODI "We have been together in times - good and bad," he wrote. "India-Russia relations have been the one constant in a world that has changed dramatically since 1947. They have withstood the test of time, and grown from strength to strength. The resilience of our relationship is based on the fact that it rests on the principles of equality, trust and mutual benefit," Modi said. He also hailed the erstwhile Soviet Unions help to India in building its industrial base. He said both countries are opening new areas of cooperation in the energy sector, telecommunications and science and technology and they have set up funds to facilitate investment in high technologies.
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The cutting of diplomatic ties, closure of air, land and sea and the restrictions placed on Qatar are "worse than the Berlin Wall", according to the chairman of Qatar's National Human Rights Committee (NHRC). Speaking in Geneva on Friday, Ali Bin Smaikh al-Marri called on the UN Human Rights Council to condemn the blockade of Qatar as it infringes upon the rights of more than 13,000 citizens of the Arab countries involved. "All these decisions are really a violation against the rights of the families," Marri said in a separate interview with Al Jazeera. According to a report released by NHRC on Thursday, the actions taken by Saudi Arabia, the United Arab Emirates and Bahrain, along with Egypt, separated mothers from their children in some cases. Hundreds of complaints were submitted to the NHRC by email, phone and hotlines, or personal visits to its headquarters in Qatar's capital, Doha. "These procedures [blockade] are worse than the Berlin Wall," Marri said. "Families have been separated. In one instance, a Saudi man died in Qatar. His sons were prevented by Saudi authorities to bring the body back home so Qatar took the responsibility to bury him. "This is collective punishment and the blockade will affect thousands of people. "If this blockade will go on we will ask the Human Rights Council (OHCHR) to form a fact-finding mission to see and follow up on these violations," Marri said.
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Does India have an answer to China's 'One Belt, One Road' (OBOR) project and its contentious component, the China-Pakistan Economic Corridor (CPEC)? Only time will tell. However, India is a founding member of the International North-South Transport Corridor (INSTC), a multi-nation project to create transport and logistics infrastructure akin to OBOR. INSTC's significance might have just gone up as India expressed its reservations against OBOR, refusing to attend China's Belt and Road Forum summit on Sunday following concerns regarding sovereignty over the CPEC. With China moving ahead and securing the endorsement of even the US, the European Union and Asian rival Japan for its initiative, India should lay emphasis on its own transport and trade corridor project. What is the INSTC :: A geostrategic initiative being pushed by India to connect with Central Asia and Russia, INSTC's second dry run was reportedly conducted in April this year. The roughly 7,200 kilometre-long INSTC is a proposed multi-modal (ship, rail and road) transportation system connecting the Indian Ocean and Persian Gulf to the Caspian Sea via the Islamic Republic of Iran, from where it connects St Petersburg, Russia, and North Europe. (Read more) According to the Russia & India Report, "The main route begins in Mumbai, passes along the sea to the Iranian ports of Chabahar and Bandar Abbas, and from there by land to Iran’s Caspian Sea coast and beyond – or across the Caspian Sea to Astrakhan, or overland to Central Asia or the Caucasus to Russia and northern Europe." INSTC is expected to slash time for transportation of cargo to Russia from India by half to about 30 days. According to a Livemint report on the dry run of the corridor, Indian government officials have said that the INSTC could reduce the time and cost of deliveries by 30-40 per cent. Also, the INSTC is much shorter than the current route, which runs through the Suez Canal and the Mediterranean Sea. Citing the officials, the report added that goods transported through the Suez take 45-60 days to reach Europe, while those transported through INSTC would take 25-30 days. INSTC's viability also depends upon the Chabahar port in Iran. Situated on the Makran Coast of the Sistan and Baluchestan province of Iran, Chabahar will also serve as a trans-shipment and logistics hub for the INSTC. India and Iran had in 2003 agreed to develop Chabahar on the Gulf of Oman outside the Strait of Hormuz, near Iran's border with Pakistan. 1 belt 1 road, belt and road, belt and road countries, belt and road initiative, belt road, beltone, chinese belt, new silk road, obor, one belt and one road, one belt one road, one belt one road countries, one belt one road countries list, one belt one road initiative, one belt one road project, one belt one road strategy, one road one belt, silk road economic belt, the belt and road, the new silk road
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India on Tuesday thanked Germany for backing its membership bid in the Nuclear Suppliers Group as the two countries supported each other's candidature for a permanent seat in a reformed UN Security Council. Prime Minister Narendra Modi and German Chancellor Angela Merkel expressed their commitment to "strengthen global non- proliferation efforts," said a Joint Statement issued after their meeting in Berlin. "Germany welcomed India's accession to the Missile Technology Control Regime. Germany also welcomed India's intensified engagement with the other export control regimes - the Nuclear Suppliers Group (NSG), Australia Group and the Wassenaar Arrangement - and expressed its support for India's early accession to these regimes," the statement said. China is the only major country which has been blocking India's entry into the 48-member Nuclear Suppliers Group. China is advocating a two-step "non-discriminatory" approach for admission of countries who have not signed nuclear-Non Proliferation Treaty (NPT) in the NSG. The joint statement said both India and Germany extended "their full support to each other's candidature for a permanent seat in a reformed and expanded UN Security Council." It said both leaders reaffirmed the urgent need for a comprehensive reform of the UN Security Council to make it more effective, efficient and responsive to the existing challenges to international peace and security. They "commended the steadfast efforts of the G-4 and other reform oriented countries and groups in moving forward the discussions towards initiation of text-based negotiations on the Security Council reform agenda at the ongoing Inter-governmental Negotiations (IGN) at the UN," it added. The G4 nations comprising Brazil, Germany, India, and Japan are four countries which support each other's bids for permanent seats on the United Nations. The statement said both sides underlined the importance of freedom of navigation in international waters, the right of passage and other maritime rights in accordance with the UN Convention on the Law of the Sea and other principles of international law, referring to the South China Sea dispute. China claims almost all of the resource-rich South China Sea (SCS), including islands more than 800 miles from the Chinese mainland, despite objections from neighbours such as the Philippines, Malaysia, Brunei and Vietnam. India along with the US and many other countries have been vocal about freedom of navigation in the area as foreign trade worth over a trillion dollar move through the SCS. China in the past has opposed India taking part in the oil exploration in the SCS at the invitation of Vietnam. PM Modi and Angela Merkel also attached particular importance to security, stability, connectivity and sustainable development of the blue economy in the Indian Ocean Region. India and Germany emphasised their commitment to a stable, united, prosperous, pluralistic and peaceful Afghanistan, the statement said. They supported a comprehensive and inclusive Afghan-led and Afghan-owned peace and reconciliation process that leads to the renunciation of violence and breaking of all ties to international terrorism and the respect for the Afghan Constitution including its human rights provisions, it said. The two sides also expressed their interest in exploring the possibilities to cooperate in their assistance to African countries. They called for a process by which concrete synergies in areas such as capacity building, vocational training, connectivity and renewable energy will be set up. "They encouraged their respective businesses to explore collaborative activities to promote trade and development in Africa," the statement added.
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Even as US President Donald Trump has taken steps to implement his aggressive policy of "Buy American, Hire American," his administration on Monday said that Prime Minister Narendra Modi's "vision for a new India" will also help create jobs in the US. In his first visit to the US after the new administration took over, Modi will meet Trump on June 26 to "set forth a common vision" to expand the US-India partnership, the White House has said. The leaders of the world's two largest democracies, home to 1.6 billion people, will meet on June 26 to discuss a gamut of bilateral issues including terrorism and India's concerns over possible changes in H1B visa rules. "US energy and technologies, including natural gas, are helping to build Prime Minister Modi's vision for a new India and creating thousands of US jobs in the process," White House Press Secretary Sean Spicer told reporters at his daily news conference. Despite the recent hiccups over the issue, US-India trade has grown six-fold since 2000, from USD 19 billion to USD 115 billion in 2016, Spicer said, adding that the Indian economy is growing at over 7 per cent. The White House's statement on job creation by India in the US is in contrast with Trump's comments about jobs fleeing to China and elsewhere. In April, Trump ordered a review of trade with countries with which US runs a deficit. India is on that list, although with deficit of $24 billion in pales in comparison with China's $347 billion. Spicer said that Modi and Trump were expected to set forth a "common vision" on expanding the US-India partnership. He cited fighting terrorism, promoting economic growth and reforms and expanding security cooperation in the Indo-Pacific region as shared priorities. "I think you can expect the two of them to set forth a vision that will expand the US-India partnership in an ambitious and worthy way of both countries' people," White House Press Secretary Sean Spicer told reporters at his daily news conference. "The President looks forward to discussing ways to strengthen ties between the United States and India and to advance our common priorities: fighting terrorism, promoting economic growth and reforms, and expanding security cooperation in the Indo-Pacific region," Spicer announced on Monday. "President Trump and Prime Minister Modi will look to outline a common vision for the United States-India partnership that is worthy of their 1.6 billion citizens," Spicer said. Trump invited Modi to Washington after the latter rang him in January to congratulate the new president on his inauguration.
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India's foreign exchange reserves have grown by $63 billion between May 24, 2014, when Narendra Modi was sworn in as Prime Minister, and May 5, 2017, handsomely outstripping the $52 billion increase between May 22, 2009, and May 23, 2014, under the rule of UPA Prime Minister Manmohan Singh, an analysis of RBI data shows. “The accumulation of forex reserves by RBI since early 2014, net of the foreign currency non-repatriable (FCNR) outflows, is in line with large foreign capital inflows, particularly foreign direct investment, reflecting India's status as a very attractive investment destination,“ said Saugata Bhattacharya, chief economist, Axis Bank. Significantly, India received record FDI inflows since the Modi government took charge. Net FDI inflows amounted to close to a $100 billion in the last three years. Economists said the overall improvement in various macroeconomic parameters also contributed. “An impressive turnaround in most macroeconomic parameters, led by external sector and inflation management, along with consistent reforms push by the government has naturally attracted global capital flows,“ said Shubhada Rao, chief economist at Yes BankBSE -0.78 %. “In an environment where surfeit of global liquidity seeks returns, India with her macroeconomic and political stability, has been the recipient of robust inflows, thereby helping accelerate accumulation of forex reserves.“ The surge in reserves has posed a management challenge for the central bank. An estimate Rs 1.1 lakh crore has been converted into liquidity due to the high value notes ban in November adding to domestic liquidity, the surge in foreign exchange is further addition to liquidity. Rupee liquidity since the accretion of reserves since March amounted to Rs 17,350 crore. Though the amount is ` not alarming, the central bank has to manage overall liquidity in a way as to also maintain the value of rupee to the dollar at a fair level. RBI has used multiple instruments, spot, forwards and futures, to manage these flows in a situation of surplus domestic liquidity.
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Right after the success of Kapoor & Sons and before Ae Dil Hai Mushkil, there was a buzz of Fawad Khan doing his next Dharma venture with none other than Katrina Kaif. It was reported that the film will be directed by newcomer Aditya Dhar and will be titled Raat Baaki. The film was supposed to go on floors in November of 2016 but then the whole Pakistani artistes’ ban came into the picture after the cowardly Uri attacks by terrorists and the film was put on back burner. There was no word on the same until now. After Karan Johar vowed to never cast a Pakistani artiste in his films in future, many wondered what is the fate of this Aditya Dhar directorial, well it looks like it’s gonna go big. If recent reports are to be believed then Karan Johar is keen on signing superstar Salman Khan for the lead opposite Katrina Kaif. A Source told DNA After Hrs, “While KJo’s next directorial will be with Ranbir Kapoor, he wants to produce a film with Salman and Katrina in the lead as he finds their chemistry sizzling. Earlier, the same film was to star Pakistani actor Fawad Khan along with Katrina, but with the ban on Pakistani actors during Ae Dil Hai Mushkil, that is not happening. Hence the filmmaker was keen to rope in Salman. The script is being reworked for Dabangg Khan and to make the character more suitable to him. The pre-production work on the film has begun.”
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An unexpected slowdown in India’s economy has dealt it a blow in the “elephant versus dragon” race, a Chinese daily said on Friday. A commentary by a Global Times’ reporter said the dip in India’s economy growth was the result of Prime Minister Narendra Modi’s drastic reformist drives like demonetisation. India’s economy plummeted to a year low of 6.1% in the first quarter of this year, which helped China retain the position of the fastest growing economy in the world. “It seems that India has suffered a setback in the ‘elephant versus dragon’ race, with an unexpected slowdown in its economy, helping China regain the title of the fastest-growing major economy in the first quarter,” the commentary by Xiao Xin said. “India watchers were caught off-guard,” it added.The surprising slowdown, it is believed, points to some underlying problems facing the Indian economy, although the data itself has also invited controversy.” China and India are the fastest growing economies of the world. “The country should be mindful of putting too much strain on its economy and subjecting the economy to a deeper imbalance while pressing ahead with ambitious reforms,” according to the commentary. “The reality also shows how poorly the economy is weathering demonetisation.” “The Indian government should seriously think twice about reformist drives as drastic as the November decision,” it said. “While an ‘iron fist’ approach to socio-economic reform in India, a federal country with a multi-party system, seems indispensable to steer the country towards prosperity, shock treatment should probably be avoided. After all, cash remains what most Indian people rely on to set everyday life in motion.” The commentary said the Indian government needs to implement more effective policies to spur private investment, an apparently weak link in an economy mostly driven by consumer demand and government spending. “Hopefully, no own goals will be scored in the future as India continues its reform efforts.”
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Several Indians employed in Saudi Arabia are planning to send their dependants back with the kingdom set to introduce, from July 1, a monthly 'dependant fee' for expats. The fee — 100 riyals (approx. Rs 1,700, as on Tuesday) per month for each dependent — is likely to prove a big financial burden for the Indian expats. At 41 lakh, Indians form Saudi Arabia's largest expat group. "Some families I know have made plans to return to Hyderabad as they feel they cannot ..
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The Indian Army may be currently busy with the volatile situation along the 778-km Line of Control with Pakistan, but it is slowly and steadily also building requisite deterrence along the 4,057-km Line of Actual Control (LAC) with China. The 1.3-million strong Army has now kicked off the process to raise the second division of the new mountain strike corps for the "northern borders" with China despite an ongoing fund crunch, while it is also planning a high-altitude warfare exercise in Ladakh later this year. Defence sources say the new 72 Infantry Division, with its headquarters at Pathankot, will become "fully operational" in three years. "The division will now be being raised with one brigade in the beginning. But it will have three brigades when it is fully formed and operational in around three years," said a source. The Army had formally begun to raise the new 17 Mountain Strike Corps in January 2014 to acquire "quick-reaction ground offensive capabilities" for the first time against China because its existing three "strike corps" were largely geared towards Pakistan. The 17 Corps, with two new high-altitude infantry divisions as well as armoured, artillery, air defence, engineer brigades spread from Ladakh to Arunachal Pradesh, will be fully formed with 90,274 soldiers at a cost Rs 64,678 crore by 2021. "All adversaries respect strength, which comes from having the capability to strike across the border," Army chief General Bipin Rawat had earlier told TOI. Along with the Agni series of nuclear-capable ballistic missiles, and backed by the deployment of additional fighter jets, tanks, conventional BrahMos supersonic missiles and the like in the north-east, the 17 Corps is part of the overall plan to achieve "credible deterrence" against the People's Liberation Army (PLA). China, incidentally, has re-organized its 2.3-million PLA into five theatre commands to crank up its offensive capabilities as well as establish better command-and-control structures. Its western theatre command now handles the entire LAC with India instead of the earlier Chengdu Military Region in the east and the Lanzhou Military Region towards the north, as was reported by TOI. Under the new 17 Corps, the 59 Infantry Division was the first to be raised at Panagarh in West Bengal. "With the 59 Division now almost fully operational, the focus now is on raising the new 72 Division. Initial planning for the 17 Corps to hold its first exercise at Ladakh in August-September is also now underway," said the source. The Army, however, has struggled to raise the 17 Corps, which envisages as many as 30 new infantry battalions and two Para-SF units, often cannibalizing from its critical war wastage reserves (WWR) in absence of dedicated funding. Another big problem has been the tardy pace of infrastructure development along the LAC. Only 24 of the 73 all-weather roads identified for construction along the LAC well over a decade ago, for instance, have been completed till now. But the projected delivery of the bulk of the 145 M-777 ultra-light howitzers, which can be swiftly air-lifted to threatened high-altitude areas along the LAC, from March 2019 to June 2021 has come as a shot in the arm for the 17 Corps. The first two howitzers arrived in India on may 18 under the $737 million deal inked with the US government.
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India could accelerate its rail upgrading process and shorten the investment time if it cooperated with China, which has the worlds most extensive rail network and advanced technology, a Chinese daily said today. Indias railway network, often called the lifeline of the country, plays a critical role in its economic development, carrying more than 23 million passengers and three million tonnes of freight on 19,000 trains a day, the state-run Global Times reported. Given Chinas advanced technology and experience in infrastructure construction, cooperation with China would offer a shortcut for countries like India that tend to copy the China model, the article said. In January, at least 36 people were killed in a train derailment in southern India, just two months after 150 people died in another train derailment in northern India. Dilapidated infrastructure and poor management are the main reasons for the accidents, which is why the government has pledged to invest USD 137 billion over five years to upgrade the rail network. India has said that it needs to put major investment into the rail sector in the coming 30 years to catch up with China, adding that rising debt should not be a concern, as it is an inevitable part of revamping infrastructure. Over the past decade, China has developed a new high- speed rail network, surpassing western countries in terms of technology and standards, the report said. As the only country that has pursued large-scale railway construction in recent years, China now has the worlds most extensive rail network, it said. This "unparallelled" advantage makes China a "perfect partner" for any country seeking to develop transportation infrastructure to propel economic growth, it said. It also makes perfect sense for India to take a shortcut to cooperate with China in order to revitalise its rail system and management levels, the report added. PTI CPS AKJ CPS
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May 31 (PTI) Indias per capita income grew by 9.7 per cent to Rs 1,03,219 in 2016-17 from Rs 94,130 a year ago. In 2015-16, the rate of growth of the countrys per capita net income stood at 7.4 per cent. "The per capita income at current prices during 2016-17 is estimated to have attained a level of Rs 1,03,219 as compared to the estimates for the year 2015-16 of Rs 94,130 showing a rise of 9.7 per cent," an official release said. The data forms part of the Provisional Estimates of Annual National Income 2016-17 and Quarterly Estimates of Gross Domestic Product 2016-17 released by the Ministry of Statistics and Programme Implementation today. Per capita income is a crude indicator of the prosperity of a country. In real terms (at 2011-12 prices), per capita income in 2016-17 rose 5.7 per cent to Rs 82,269, against Rs 77,803 a year ago. The rate of growth in real terms was, however, slower than 6.8 per cent in the preceding year. The countrys Gross National Income (GNI) at 2011-12 prices was estimated at Rs 120.35 lakh crore during 2016-17, against Rs 112.46 lakh crore a year ago. "In terms of growth rates, the gross national income is estimated to have risen by 7 per cent during 2016-17, in comparison to the growth rate of 8 per cent in 2015-16," it added. PTI KPM ABM
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India can join the 'One Belt, One Road' (OBOR) summit being organized by China. Officers of Indian Embassy in China can participate in this. These summits are to be held on May 14 and 15. America, South Korea and Japan have agreed on participating in this. However, Indian Foreign Ministry spokesman Gopal Wagle said that no decision has been taken on whether or not a delegation of India will participate in it. It is worth mentioning that 'One Belt, One Road' is China's President Xi Jinping's dream project. Under this, China has to be linked to Europe. This includes the China-Pakistan Economic Corridor, which India has been raising objection Invitation was sent in March China sent invitations to India for this summit in March this year. The Summit will include President and Representatives of 29 countries. Chinese Foreign Minister Wang Yi had even said that India can send its representative if desired. According to Wang, the issue of shared development is being talked about for the countries that are joining this summit. We want India to play a vital role by participating in it. Gopal Wagle said that India supports 'One Belt, One Road'. But we have objection to the China-Pakistan Economic Corridor. We have said very clearly that the corridor will pass through our boundaries, which is a clear violation of our sovereignty. Not only this, through this project, China can increase dominance in neighboring countries of Asia and India. No deal with Kashmir border dispute Wang has said that the CPEC, which costs $ 46 billion, has no direct involvement with India's political and Kashmir border dispute. It is only for economic co-operation and development. Significantly, PM Narendra Modi is also on tour to Sri Lanka. At the same time, Sri Lanka has refused to allow Chinese submarine to be built in Colombo. However, before the OBOR Summit, China is avoiding giving any kind of response. In fact, China fears that with its vulgar rhetoric, its most ambitious OBOR scheme may be in sourness. What is the China-Pakistan Economic Corridor China-Pakistan Economic Corridor, plans for a corridor connecting China's Xinjiang from Gwadar Port of Pakistan This corridor starts from Gwadar and goes to Kashgar. Gilgit-Baltistan entry gate will work for this billions of dollars project. China is building industrial park, hydro power project, railway line and roads in this area. Apart from this, Karakoram Highway will be expanded to China's troubled Shinjing province in this project. By this, China will get free access to the valley and fast speed by train. When the work of railways and roads is completed to some parts of Gilgit-Baltistan and Pakistan, the Chinese cargo coming from Gwadar, Pasni and Ormara, through China-built naval base, will take only 48 hours to reach Pakistan. Now it takes 16 to 25 days.
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