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Showing posts from July 2, 2017

Narendra Modi seeks UK’s help in return of economic offenders

Last Published: Sat, Jul 08 2017. 06 37 PM IST Narendra Modi met Theresa May on the sidelines of the G20 Summit and sought UK’s help in Vijay Mallya’s extradition PTI A file photo of Prime Minister Narendra Modi and UK Prime Minister Theresa May. Photo: HT Stormy G20 ends with opt-outs for Donald Trump on climate, trade Eastern India to get Rs51,000 crore energy investment: IOC Hamburg:  As India works hard to ensure return of fugitive liquor baron Vijay Mallya, Prime Minister Narendra Modi on Saturday pressed upon his British counterpart Theresa May to ensure UK’s cooperation to bring back economic offenders. Mallya has been in the UK for months, escaping arrest warrants against him, while a court in London is also hearing a case regarding his return to India. Modi on Saturday met May during a bilateral meeting on the sidelines of the G20 Summit and sought UK’s help in this regard. MORE FROM LIVEMINT » Ivanka Trump sits in for her father at G-20 meeting table G-20 summit: PM

PMO, NSA tracking impact of Chinese FDI in South Asia Arun S. NEW DELHI,JULY 08, 2017 23:56 IST UPDATED: JULY 08, 2017 23:56 IST Exercise from national security perspective will look at nature of such investments but lack of detailed, country-wise data may cause hiccups In the backdrop of the tense border stand-off in Sikkim with China, the Centre has begun its first ever in-depth assessment of Chinese investments in India’s neighbouring countries. The exercise — being conducted mainly from India’s national security perspective — has been initiated by the Prime Minister’s Office and the National Security Adviser, official sources told  The Hindu . Informal discussions have already been held with the concerned Ministries, including the Commerce and Industry Ministry — the nodal body for foreign trade and foreign investment. Dynamic mandate Given the increasing influence of China in the Indian sub-continent and South Asi

Australia to Speed Missile Defense Development, Turnbull Says By  Jason Gale July 8, 2017, 6:19 AM GMT+5:30 U.S. missile shield system isn’t suitable for Australia: PM Turbull calls on China to rein in North Korea’s nuclear plans Australian Prime Minister Malcolm Turnbull. Photographer: Mark Graham/Bloomberg Australia will press ahead with a missile defense program to protect its forces, but a U.S. shield system isn’t appropriate, Prime Minister Malcolm Turnbull said. The Terminal High Altitude Area Defense, or THAAD, system mentioned in recent briefings is “not really suitable for our situation,” Turnbull told reporters at the Group of 20 Summit on Friday. The meeting in Hamburg has been overshadowed by North Korea’s first successful launch last week of a missile capable of reaching at least part of the U.S. “The answer in respect of North Korea is the de-nuclearization of North Korea and for it to stop its reckless conduct,

Pakistan may try to use Modi-Netanyahu bonhomie to turn Muslim world against India, but it's bound to fail World Srinivasa Prasad Jul, 08 2017 19:37:59 IST After all the hype and hoopla over the Modi-Netanyahu bromance, it's time to ponder what it means for New Delhi's relations with other countries and to wonder whether Indians should lose sleep over it. For starters, Prime Minister Narendra Modi's Israel visit has already raised hackles in Pakistan, Iran and Palestine. But does it really matter? And what did Modi really do in Israel? To begin with, Israel had for long complained that India was treating it  like a mistress . Like a man visiting his concubine in the cover of darkness, India had indeed taken covert advantage of Israel's defence prowess but was too apologetic about admitting to the relationship. But Modi has dramatically altered that situation now. After signing seven agreements and exchanging innumerable h

Sonia Gandhi helped expose the toxicity of Congress party By Minhaz Merchant    @ minhazmerchant  |  2017-07-07 17:45:35 The greatest disservice the party did was to set back by decades the cause of bona fide secularism.    Without quite realising it, the Congress under the leadership of Sonia Gandhi and Rahul Gandhi has become a toxic force in Indian politics. The 1975-77 Emergency, during which more than one lakh journalists, Opposition leaders and civil society activists were jailed (including LK Advani and Arun Jaitley), exposed the first autocratic gene in the Congress. Indians' fundamental rights were suspended for nearly two years. The Constitution was subverted. The attempt by the Congress to censor Madhur Bhandarkar's new film on the Emergency,   Indu Sarkar , underscores how keenly aware the Congress is of the human rights violations it committed during the Emergency. In 1986, Rajiv Gandhi - an essentially decent

Baloch activists hold anti-CPEC protest during G-20 Summit in Hamburg Hamburg [Germany], July 8 : As world leaders gathered for the G-20 Summit in Hamburg, Germany, activists from the Baloch Republican Party (BRP) held a protest against the China Pakistan Economic Corridor (CPEC), a multi-billion dollar project passing through the Balochistan province Hamburg  [ Germany ], July 8 : As world leaders gathered for the  G-20  Summit in Hamburg, Germany, activists from the Baloch  Republican Party  (BRP) held a protest against the  China   pakistan Economic Corridor (CPEC), a multi-billion dollar project passing through the Balochistan province. The protestors blamed China for helping Pakistan in committing war crimes and genocide in Balochistan. They also blamed the  Pakistan  Army for carrying out military operations, enforced disappearances, extrajudicial executions and killings in the region. BRP Germany  vice-president  Adil Baloch  sa

Massive embarrassment for #China at #G20Summit #BREAKING: Massive embarrassment for #China at #G20Summit as Baloch activists protest against China's support to te…

How Prof.Mahalanobis at Indian Stastical Institute Calcutta tried to ruin student Subramanian Swamy

How Prof.Mahalanobis at Indian Stastical Institute Calcutta tried to ruin student Subramanian Swamy & see what happened ? by MulaiAzhagi It has been my lot throughout my life to be confronted and to confront the corrupt and powerful. As a student for my Masters degree in the Indian Statistical Institute (ISI) Calcutta, the then Chairman, P.C.Mahalanobis took a dislike to me because he and my father were rivals in the government statistical organisation. Mahalanobis was a corrupt leftist. I had come to the ISI as an innocent student with a brilliant first class B.A. Honours degree in mathematics.  But Mahalanobis' dislike of me filtered down to the professors. For no reason except to please him, they began failing me in every subject.  A ruined career stared me in the face. So I decided to retaliate ( a foolish resolve on first thought, since I was then a 19 year old student facing the darling of the Left, USSR and Nehru: P.C.Mahalanobis). But I dropped everything, parked mys

World’s best bank for wealth management 2017: Julius Baer

By: Julian Marshall Published on: Thursday, July 06, 2017 Julius Baer’s strategy of commitment, investment and hiring – when many of its peers have been retreating – has enabled the bank to become a global leader in wealth management. Order Awards for Excellence 2017 © 2017 Euromoney Also shortlisted   Credit Suisse   UBS There was a time when there were only two serious Swiss wealth managers battling it out in the global arena – that was until Boris Collardi took over the reins of Julius Baer.  Since 2009, and in particular since the acquisition of Merrill Lynch’s international wealth management business in 2012, the bank has doubled the number of assets under management to SFr356 billion ($347 billion) and expanded its footprint so that in the next three to four years, Swiss employees will account for less than half of the bank’s total headcount. Julius Baer is the only bank to focus solely on wealth management and to have succeeded in building and retaining a business than spans t

What China Means When It Says India Needs to ‘Remember the Lessons from History’  EXTERNAL AFFAIRS BY  PREM SHANKAR JHA  ON  06/07/2017 •  8 COMMENTS At this crucial juncture, India must carefully examine the Indian army’s report on the 1962 war and accept the damning indictment of its government’s irresponsibility contained in the report. The Henderson Brooks-Bhagat report gives Indian people an opportunity to understand the past and put it behind them. Credit: YouTube In the last three weeks, as the  Modi government’s dispute with China  has become increasingly more acerbic, Beijing has been issuing a series of warnings to New Delhi, the most serious of which has been its observation that  India has not learned the lessons of history  and has not forgotten its humiliating defeat in 1962. These are a small step away from an ultimatum. There is more than a grain of truth in Beijing’s assessment. The turnabout in China-India relations, from close strategic cooperation to stark confrontation, has been so swi

Amidst growing belligerence at border, China outguns India's naval abilities in Indian Ocean Region 1 to 4 India IndiaSpend Jul, 07 2017 10:15:46 IST Tweet By Abheet Singh Sethi China's People’s Liberation Army Navy (PLA-N) has 283 major surface combatant warships, four times more than those under the control of the Indian Navy (66), according to an  IndiaSpend  analysis of publicly available data. Major surface combatants Create bar charts China's widening naval capabilities compared to India can be seen in the context of the PLA-N’s growing presence in the Indian Ocean region. "Chinese activity in the Indian Ocean has touched a new high in recent months,” according to an Indian Navy official,  The Hindustan Times  reported on July 5, 2017. The Indian Navy has sighted over a dozen PLA-N warships, submarines and intelligence-gathering vessels in the Indian Ocean in the last few months. These sightings come as the Indian and Chines