The US relies heavily on India to stock its medicine cabinets, and any slowdown in output could leave pharmacies short of drugs used regularly by millions of Americans.
Chinese government has offered to help India as it grapples with a devastating second Covid wave, which has seen the country record over 3 lakh cases daily for a week.
Total imports from China at $58.7 billion were more than India’s combined purchases from US and UAE, the country's second- and third-largest trade partners, respectively.
India’s threat to China is simple: show aggression at LAC and pay a cost in worsening ties. But the value of the threat, and hence its credibility, is questionable.
The government has also imposed restrictions on Chinese companies participating in infrastructure projects, either through contracting or subcontracting.
Government to ensure border infrastructure work 'will carry on at fast pace', and the military will carry out 'all steps necessary and ensure India’s sovereignty is intact'.
Local-level talks going on between Indian & Chinese sides have been described as 'ping-pong game' as there has been a lot of back and forth without any tangible outcome.
Notwithstanding the recent standoff at Galwan valley, experts believe the SR dialogue mechanism between India and China has helped resolve issues in the past.
Under the ubiquitous 'Make in India’, we targeted a manufacturing growth of 14 per cent over five years. However, the 2020 growth is a paltry 2 per cent.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While Pakistani authorities have not clarified what intended target was, the incident adds to a troubling pattern of PAF strikes killing civilians, including women and children.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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