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Showing posts from January 27, 2014

Keeping India at bay

Fish move over the Indian Ocean knowing no borders, while marine resources including corals on the continental shelf are important for the seasonal migration and reproduction of fish. Similarly, for centuries past, fishers and traders travelled freely over the ocean, fishing and accumulating wealth

Japan, India and the balance of power

India and Japan can honestly say that they are not building relations in hostility against China; but it is right for them to plan for the eventuality of Chinese hostility Symbolic:The recent six-day India visit of Japan’s Imperial Majesties presages a relationship that can influence the global power structure.— Photo: Kamal Narang Within two months, we have received from Japan, first that rare, and symbolically greatest, gesture, the visit of Their Imperial Majesties, then the Defence Minister’s, and now, the Premier’s

Russia, China launch war games in the Mediterranean

Russia and China have begun their first naval war games in the Mediterranean in what is seen as preparation for joint military operations in the world ocean far away from their territorial waters. The joint naval drill, which began on Saturday, involves Russia’s heavy nuclear missile cruiser Peter the Great and Chinese frigate Yancheng, the Russian Defence Ministry said in a statement.

Koirala set to become Nepal PM

Wins election for the leadership of Nepali Congress KOIRALA ON WAY TO BECOMING NEPAL PM Nepali Congress president Sushil Koirala on Sunday cleared the first hurdle to becoming the country’s next Prime Minister. Mr. Koirala won the election for the leadership of the parliamentary party, defeating senior leader Sher Bahadur Deuba. Mr. Koirala got the support of 105 of NC’s 194 Members of Parliament while Mr. Deuba, a three-time Prime Minister, secured 89 votes from the newly elected parliamentarians.

FinMin to claim deficit target met

Union Finance Minister P. Chidambaram is all set to report a fiscal deficit of 4.65 per cent of the Gross Domestic Product for the current fiscal when he presents the Vote-on-Account in the Lok Sabha on February 17. Highly-placed Finance Ministry sources told  The Hindu  that Mr. Chidambaram would tell Parliament that the Union government managed to contain the deficit within 4.8 per cent, the “redline” he had drawn in the Budget for the current fiscal.