India and the World | India Writes

Kamath, India’s banking star, to head BRICS Development Bank

May 12, 2015May 13, 2015 - by India Writes Network

Nearly 10 months after the BRICS grouping of emerging economies firmed up the contours of a trailblazing multilateral bank for developing countries, India has named Kundapur Vaman Kamath as the first head of the BRICS Development

In a give-and-take, the leaders of the BRICS countries has decided at their summit in Fortaleza, Brazil, in July last year that the headquarters of the New Development Bank will be located in Shanghai and the first president of the bank will be an India.

The 67-year-old Kamath is the non-executive chairman of India’s second largest bank (by asset size and market capitalization), the ICICI bank and India’s third largest IT firm Infosys.

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May 11, 2015September 14, 2015 - by Editor

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Cameron stuns pollsters, back in 10 Downing Street

May 9, 2015May 9, 2015 - by India Writes Network

Defying sceptics, British Prime Minister David Cameron’s Conservative Party swept to a blockbuster victory in the UK polls, winning an outright majority in the parliament.

It was a spectacular victory by any reckoning, which stunned pundits and pollsters who had predicted a hung parliament. The Conservative Party won 331 seats in the 650-member parliament, assuring Mr Cameron a full five years in 10, Downing Street and the first majority Conservative government in decades.

‘Phir Ek Baar, Cameron Sarkar’

The victory elicited a steady stream of congratulations from world leaders. India’s Prime Minister Narendra Modi was among the first to felicitate Mr Cameron, and he chose his favourite twitter handle to convey his warm sentiments for the British leader. Improvising on his party slogan in the May 2014 elections, Mr Modi tweeted:” As you rightly pointed out – its Phir Ek Baar, Cameron Sarkar.”

President Mukherjee in Moscow: India joins Russia in V-Day celebrations

May 8, 2015May 27, 2015 - by India Writes Network

Amid the West’s isolation of Moscow over the Ukraine crisis, India’s President Pranab Mukherjee is in Moscow to join in the celebrations of the 70th anniversary of the allied victory in World War II – a trip that also reaffirms and underscores New Delhi’s solidarity with a time-tested partner that is sailing through difficult times.
Intensifying educational exchanges is high on the presidential agenda. The president is accompanied by heads of several top educational institutions, including Vice Chancellor of Delhi University, Directors of IIT Delhi, Mumbai and Chennai. In addition, India’s Department of Science and Technology will also sign agreements with Russian Science Foundation. The two strategic partners are expected to sign nine memorandums of understandings and eight cooperation agreements in the area of higher education alone.

Modi mantra for India-China ties: Cooperate and Compete, while keeping border peaceful

May 8, 2015May 8, 2015 - by India Writes Network

Cooperation and competition are inextricably woven into the fabric of India-China relations. Ahead of his maiden multi-city tour of China, India’s Prime Minister Narendra Modi has taken a long-range view, saying India cooperates with China on the global stage, but at the same time the two countries also compete in the economic arena.

In an interview with TIME magazine, Mr Modi also underscored that the two Asian giants have “learnt from history” and have managed to maintain peace and tranquillity on their disputed border.
Mr Modi’s three-day visit to China, starting May 14, will be keenly watched not just in the two countries, but also in the region and the world. All issues will be on the table, but the prime ministerial agenda will be primarily economic and will focus on getting Chinese finance and expertise to boost the Make in India project and to bolster the manufacturing base in India. During Xi Jinping’s visit to India in September last year, China pledged to plough in $20 billion investments over the next five years, but only around $1 billion have trickled in so far. Mr Modi will, therefore, be pitching for fast-tracking Chinese investments into India.

Five Takeaways Modi should target in China

May 7, 2015May 7, 2015 - by Srikanth Kondapalli

Many Indian prime ministers have visited abroad in pursuit of national interests, although such visits to China were few and far in between, with five PMs visiting Beijing six times in as many decades. Some of these visits – by Nehru, Rajiv Gandhi and Vajpayee – have been described as “breakthroughs” for recognising Tibet and Taiwan as a part of China, with no reciprocal Chinese statement that Kashmir or Arunachal Pradesh are a part of India.

With PM Modi planning to make a trip to China from May 14-16, the first time an Indian prime minister will be visiting Beijing in the first year of his first term, it is natural – as PM Modi told his Chinese interlocutors – to expect “concrete outcomes” during the visit. For this visit to be successful, India needs to seek several clarifications and positive approvals from China on a host of issues in the realm of bilateral relations and beyond.

During the visit of PM Modi to China, there will be a lot of pressure in both countries to make this visit a “breakthrough’ in the bilateral relations. Such a breakthrough is quite possible if India clearly draws the red, amber and green lines of interactions with China, without falling into the binary trap of whether China is an opportunity or a challenge.

India-Mongolia Buddhism bonding set to get economic ballast

May 7, 2015May 7, 2015 - by India Writes Network

The centuries-old Buddhism bonding between India and Mongolia is set to be transformed into a vibrant contemporary relationship during Prime Minister Narendra Modi’s maiden visit to Mongolia, the repository of mineral …

China visit will aid Make in India, bolster peace in Asia: Modi

May 6, 2015May 6, 2015 - by India Writes Network

Ahead of his three-day visit to China next week, India’s Prime Minister Narendra Modi has resorted to twitter diplomacy, saying his visit will lay the foundation for developing not only bilateral relations between the two countries, but will also bolster stability in Asia.

“Looking forward to visiting China from 14-16 May to boost friendship between our 2 ancient civilizations and 2 largest developing nations,” wrote the net-savvy prime minister in his twitter post.

“Am certain that my visit to China will strengthen stability, progress and prosperity in Asia,” he added.

Mr Modi’s trip to China promises to be a landmark trip that will buttress his economic agenda in seeking Chinese investment and expertise to build India’s manufacturing and infrastructure.

Lakhvi innocent? India hits out at Hafiz Saeed

May 5, 2015May 5, 2015 - by India Writes Network

After Jamaat-ud-Dawa Chief Hafiz Saeed called Lashkar-e-Taiba leader and 26/11 Mumbai attack mastermind Zakiur Rehman Lakhvi an innocent man, India lashed out at Saeed and underlined that his remarks showed the pervasive network of terrorists, prevalent in Pakistan.

“Hafiz Saeed is himself among the dreaded terrorist that the world has already notified. And his clean certificate to Lakhvi, who was the real mastermind behind the 26/11 terror attacks, I think shows the connection and the extensive network of terrorist that pervades Pakistan as a country,” said G. V. L. Narasimha Rao, spokesperson of Bharatiya Janta Party(BJP).

He called his comments rather amateurish and intriguing and said that Hafiz Saeed had absolutely no locus standi, and his recent comments only vindicated that Lakhvi was the mastermind behind that attack.

Britain targets India: From courted to courtier

May 3, 2015May 3, 2015 - by India Writes Network

India’s Prime Minister Narendra Modi visited France, Germany and Canada in early April this year in his first official trip to Europe. Rafale fighter jets, increasing manufacturing through the Make in India campaign, urging the EU to move forward on the stalled FTA, and attracting trade and investment featured on the agenda.

While PM Modi has stated that he “usually tries to visit two to four nations together” in convenient clusters, the UK that has been desperately courting India was missing on his travel agenda. While Britain erects a statue of Mahatma Gandhi at London’s Parliament Square in a desperate attempt to entice India, amid all the hysteria in India involving Modi’s visits to relevant countries and vice versa, Britain has been greatly sidelined.

In 2014, five prominent UK politicians made official visits to India from Foreign Secretary William Hague to Chancellor of the Exchequer George Osborne and Deputy PM Nick Clegg. Indeed, Prime Minister David Cameron himself has visited India three times since assuming office in 2010, including twice in 2013, professing that India is Britain’s “partner of choice” and “relations with India are at the top of the UK’s foreign policy priorities”.