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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.

Davos ‘boys club’ hears call for gender quotas

The World Economic Forum, where only 16 per cent of the delegates this year are women, on Saturday heard impassioned arguments for gender quotas to boost female participation in the workplace. Christine Lagarde, head of the International Monetary Fund, told the assembled global elite she had been opposed to quotas until a moment early in her career when she was told she would not progress because she was a woman.

Padma awards for 7 persons under NRI, PIO, foreign category

Seven persons under the category of foreigners, NRI and PIO were today selected for the Padma awards. Indian-American businessman Ashok Kumar Mago was selected for the Padma Shri. Mr. Mago, Chairman and CEO of Dallas-based business and investment consulting company, Mago & Associates, has helped raise millions of dollars for Dallas Asian organisations. Others selected for the Padma Shri are Dr. Siddharth Mukherjee (oncologist) from the U.S., Dr. Vamsi Mootha (biomedical research) also from the U.S., and Dr. Sengaku Mayeda (literature and education) from Japan. Those awarded the Padma Bhushan include Lloyd I. Rudolph and Susanne H. Rudolph for literature and education (U.S.) and Anisuzzaman, eminent faculty of Bengali language at the University of Dhaka (literature and education), Bangladesh. — PTI

China is largest FDI source for Nepal, overtakes India

China has overtaken India to become the largest contributor of Foreign Direct Investment to Nepal over the first six months of the current fiscal year, underlining the rising Chinese economic presence — and strategic influence — in the country, according to new figures. Investment from China reached $174 million between July and December, accounting for over 60 per cent of the total FDI commitment, the Chinese State-run Xinhua news agency said, citing a new report released by Nepal’s Department of Industry.