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Chinese president meets Cambodian King

Tuesday, September 1st, 2015

Chinese President Xi Jinping met with Cambodian King Norodom Sihamoni in Beijing on Monday.

King Sihamoni is visiting to attend the country's V-Day celebrations on September 3.

Xi said China cherishes its traditional friendship with Cambodia and is are ready to maintain high-level contacts with that country in various forms.


Kim Jong-un dismisses top officials after standoff with Seoul

Sunday, August 30th, 2015


North Korea's supreme leader Kim Jong-un has dismissed top officials after a standoff with South Korea.

According to the New York Times, the standoff began after land mines were planted by North Korea that injured two South Korean soldiers.

The two countries, earlier in the week, threatened strikes against each other before reaching an agreement on measures to reduce animosity.

South Korea responded by resuming propaganda broadcasts critical of Kim's authoritarian rule for the first time in 11 years.

During a ruling Workers' Party meeting, Kim hailed the agreement, which came after marathon talks, as a "crucial landmark" that put "catastrophic" inter-Korean relations back on track toward reconciliation. (ANI)

Indian diaspora in Dubai 'excited' with PM Modi's address

Tuesday, August 18th, 2015

 The enthusiastic Indian disapora lauded Prime Minister Narendra Modi post his passionate address and said that he is bringing India on a new level.

"We have been looking forward to this event since two months. PM Modi told us that he will provide us with security and stability here, which was very assuring," said an Indian national.

"We are excited with his speech. The fact that there will be a temple here in Dubai is something that is great and our community could not be happier with this news," added a Mangalorean residing in Dubai.

However, there were a few people who felt that the Prime Minister had not said anything concrete in his speech with regard to providing solutions to their problems.

PM Modi accepts Nawaz Sharif's invitation to Pakistan for 2016 SAARC Summit

Friday, July 10th, 2015

 Prime Minister Narendra Modi, who held bilateral talks with his Pakistani counterpart Nawaz Sharif in Ufa, Russia, has accepted the latter's invitation to Pakistan for the SAARC Summit in 2016.

Foreign Secretary S Jaishankar shared the information.

"Prime Minister Nawaz Sharif reiterated his invitation to Prime Minister Modi to visit Pakistan for the SAARC summit in 2016, which Prime Minister Modi accepted," he said, after the Prime Ministers of India and Pakistan finished their bilateral talks.


Zhang Dejiang pays tributes to Mahatma Gandhi at Rajghat

Monday, June 15th, 2015

China's Chairman of the Standing Committee of the National People's Congress Zhang Dejiang on Monday paid tributes to Mahatma Gandhi at Rajghat.

Zhang, who arrived in New Delhi late on Sunday night, had earlier met Maharashtra Governor C Vidyasagar Rao and stressed upon strengthening cooperation between the Parliaments and provincial legislatures of India and China.


India's growth expected to surpass China's: UN report

Friday, May 29th, 2015

A United Nations report has stated that India's economic growth is likely to surpass that of China with GDP growth expected to touch 7.7 percent in 2016.

The report states that Chinese economy is expected to grow by seven percent this year and 6.8 percent next year.


Now, software that will provide 'world-class' security to small businesses

Tuesday, April 28th, 2015

Now, a software will provide world-class protection to businesses with fewer than 25 employees, without the need for specialist IT skills, making it easier to focus valuable resources on running and developing the business while keeping operations, customer's and employee's data secure.


Front row seats of a different kind: Abacus integrates City Discovery

Monday, April 27th, 2015


“All our ground products have been independently reviewed by travellers of varied tastes and so we know we can cater to the range of demand Abacus can channel from all around the region,” added Wladimir Guez, City Discovery Co-Founder and Vice President. “This is a huge opportunity for City Discovery and we look forward to fulfilling every reservation made through Abacus Content Plus.”Abacus travel agents can sell City Discovery products independently, or tie them into a custom itineraryas part of a complete personalized package, with flights, accommodation, car rental, transfers and more. Easy to align and track, Abacus Content Plus automatically creates a consolidated super-PNR. In beta testing now, Abacus Content Plus will be free to use as one of the 60 downloadable Abacus Red Apps that integrate with leading B2B workflow solution, Abacus WorkSpace.

PM Modi, PM Harper remember Komagata Maru incident

Friday, April 17th, 2015



Indian Prime minister

Prime Minister Narendra Modi on Thursday bowed in remembrance to the 1914 Komagata Maru incident, where hundreds of Sikh passengers were not allowed to alight on Canadian soil due to their Asian origin.

Sukhbir badal

Sukhbir Badal leading high level delegation to Korea

Sunday, August 30th, 2015

In pursuance of his agenda to accelerate industrial growth in the state, the Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal is leading a high level State delegation to Korea tomorrow to impress upon the top honchos of Korean to invest in the state.

During his five days visit to South Korea, the Deputy Chief Minister, accompanied by a delegation of top state officers, would showcase Punjab as the most suitable investment destination for investment. He will also present the strides achieved by the State vis a vis ease of doing business and also the new innovative fiscal incentives available for new investors.

As a part of his itinerary, the Deputy Chief Minister is scheduled to have hectic parleys with business giants especially from the field of electronics, dairy, skill training, infrastructure development, transport, smart cities and environment.

Mr. Sukhbir Singh Badal would also meet key business organizations of South Korea like Samsung electronics to call upon them for invest in Punjab. During a meeting with a Korean delegation in the presence of Chief Minister Parkash Singh Badal and Deputy CM here last week, Vice President Samsung Electronics Kyoung Soo Kim had evinced keen interest in biometric technology and offered to explore smart city and biometrics project collaboration in the state.

On August 31, Deputy CM would also visit Maeil Dairies factory and Integrated Operation Center at Songdo Smart City. Likewise he would attend business seminars and meetings with industry giants besides visiting Samsung electronics the next day. Similarly on September 2 he would visit KDI Sejong and hold meetings at Seoul.


50 Years of Chinese rule has pushed Tibet into ecological disaster

Sunday, August 30th, 2015

The establishment of the People's Republic of China in 1949 led to efforts to greatly expand agricultural production in China.

The ensuing proliferation of irrigation wells sped ahead of the natural rate of replenishment of aquifers that were their source.

As a result, regions of China, particularly the arid north, have accumulated a considerable water deficit. This deficit has been further worsened by industrialization and the pollution of groundwater tables.

Considering that the Tibetan Plateau is home to some of the world's most extensive underground aquifers, China's interest in the exploitation of these resources is obvious.

Since the completion of the Golmud-Lhasa Railway in 2006, many such projects have been planned.

A Wilson Center report points out that China's South-North Water Diversion Project has a 'Western Route' planned that will tap three tributaries of the Yangtze on the Qinghai-Tibet Plateau.


PM Modi arrives home after successful visit to UAE

Tuesday, August 18th, 2015


The two sides decided to elevate India-UAE relationship to a comprehensive strategic partnership and chart out a new course for cooperation in key areas like trade and investment, defence, security, maritime security and intelligence sharing.

On the concluding day of his two-day visit to the UAE, Prime Minister Modi held extensive talks with the Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan in Dubai.

Prime Minister Modi also addressed the Indian diaspora at Dubai Cricket Stadium where he spoke on various issues, including terrorism.


India to chair BRICS Summit in 2016

Friday, July 10th, 2015

"India will chair the BRICS Summit from February 2016 to December 2016. From 2017 onwards, the BRICS calendar is going to match the annual calendar and India will chair the BRICS for 11 months," said Secretary (Economic Relations) in the MEA, Sujata Mehta.

"The first announcement was that we should have an annual BRICS fair and our intention is that the first of this will be during India's chairmanship during 2016," she added.

Mehta further said that there might be a BRICS under 17 football tournament during India's term as chair.

"We will also try to concretize on the other announcements which are the railway research center, cooperation amongst supreme audit intuitions, a BRICS digital initiative, the BRICS agricultural research centre, cooperation amongst cities, an annual BRICS sports meet," she said.

"There might be a BRICS under 17 football tournament during India's term as chair. The first major project of the new development plan should be in the field of clean energy and a BRICS film festival," she added.

US COngress

US Congress should push through the TPP deal

Monday, June 15th, 2015

The Trans-Pacific Partnership is long overdue. The TPP is expected to be highly beneficial for the US and its partners, providing opportunities in the international open market especially in the fastest-growing economies of the Asia-Pacific region. Given the weakened state of the US and global economies, this partnership will be the most vital international trade agreement in several decades, and it should expedite commerce in the Asia-Pacific region. 

 The Obama Administration has been working rather quickly to finalize the comprehensive 12-nation deal as a bipartisan effort containing Republicans’ support. The Senate approved the Trade Promotion Authority (TPA) last month with a large bipartisan vote. The TPA, known as the ‘fast-track’ authority legislation, gives the president the authorization to negotiate a deal that will only allow votes in Congress.

Conversely, Democrats in the House, followed by Minority Leader Nancy Pelosi, voted against the Trade Adjustment Assistance (TAA), a provision of the TPA. The TAA is a federal entitlement program that provides financial assistance, $450 million of annual appropriations through June 30, 2021, to American workers who may lose jobs from its partnerships’ competition.

Inidian EdCIL offers admission to International students

Monday, June 15th, 2015

EdCIL (India) Limited, a Public Sector Enterprise under Ministry of Human Resource Development, setup with the mandate of promoting Indian Education in countries abroad is  currently offering admission to international students  in Indian universities.

Insurance as a service: Software as a Service set to transform the insurance industry

Wednesday, June 10th, 2015

 Studies conducted by Ovum, the global analyst house*, reveal that the use of SaaS (software as a service) in the global insurance industry is already significant with at least a third of all insurers fully deploying or trialling SaaS currently.  Despite a significant minority of insurers remaining cautious of SaaS (for regulatory, risk and reliability reasons) there is almost universal agreement among insurance carriers that SaaS will have a significant impact on both the insurance industry and i


In the Pink on Monkeys, Raisins, Money -- and the Flow

Monday, June 8th, 2015

What’s going on here … little furry primates, sweet rewards: is this magazine about business -- or zoos?

 Enter American Daniel Pink. He is, well, in the pink!

Enter American Daniel Pink. He is, well, in the pink! Dan started his dive into the midst of that color when he received a JD from Yale Law School. Then he held some government posts, such as chief speechwriter between 1995 to 1997 for Vice President Al Gore.

As a refreshingly idealistic author, he has penned five bestselling books about the changing world of work. These include “A Whole New Mind,” translated into 24 languages, and “To Sell is Human.” In “Drive,” Pink explains how money is not always the best bait for the employee fish, the theme of this interview.

Overall, Dan shifts us toward a -- surprising -- new world view based on his grasp of the psychology of control versus self - directed cooperation. He has the courage to slap at GE's snarling former CEO Jack Welch.

In 2013, www.Thinkers 50 selected him one of the world’s top 15 business cogitaters. He is also host and co-executive producer of “Crowd Control,” a new television series about human behavior on the National Geographic Channel

Dan gives this exclusive interview to Victor Fic Biztech’s special correspondent for politics and economics, who edited it for clarity.


Incredible India’ Yes, the Slogan Conveys the Country’s Inner Spirit

Sunday, June 7th, 2015

India has a brand, a slogan that is so simple and yet so great, so absolutely undeniable: “Incredible India.” Not only is the “in-in” alliteration rather catchy, but it’s also no exaggeration. In fact, it may even be an understatement. Love it or hate it, there’s just no other place on earth like India in terms of the enormous diversity you see and feel everywhere – in geography, people, languages, culture, religion, well, just about everything. Indians are not so totally different from one another, however, as not to share one common bond: they’re all Indian. Even if they speak different languages, worship different deities, come from widely divergent social and economic backgrounds, even from tribal groupings in remote regions, to a foreigner they are more or less the same people. That’s all the more reason to wonder at “Incredible India,” the branding of an enormous country that’s bursting at the seams in terms of population, ambitions, dreams – and, yes, problems, divisions, corruption and crime. By far the world’s largest democracy, India is full of all the political infighting, public and private controversies, charges and counter-charges, trade-offs and payoffs, loud talking and backstabbing that goes with any democratic system. The problems are multiplied in India by its immense population, more than 1.2 billion and growing at a rate that means the number of people living in India in a few years will surpass that of the Chinese.


Future of Indian-South Korean relations after Prime Minister Modi’s recent visit

Saturday, June 6th, 2015

As the relationship between India and South Korea has been substantially growing both economically and strategically, it is of greater importance to manage security issues pertaining to both countries, particularly considering that India is a rising Asia-Pacific power

Prime Minister Modi’s recent trip to Korea was heavily tilted towards improving economic engagement with Korea. It is indeed vital to continue strengthening the business relationship, yet it is more important to address international security matters which face both countries, predominantly for subtle business transactions and for the global peace in South and East Asia. Similarly South Korea perhaps should pay more attention to India’s security conflicts with the neighboring countries as President Park Geun-Hye is seeking to establish a manufacturing hub in India in order to explore better opportunities to export to Arab countries. In fact, India has the human  capital to support Korean plans.

 yoga phot

First International Day of Yoga (IDY) in the Republic of Korea on 21 June 2015.

Friday, June 5th, 2015

Yoga is a 5,000-year-old physical, mental and spiritual practice having its origin in India, which Aims to transform both body and mind. On December 11 in 2014, the United Nations General Assembly declared June 21 as the International Day of Yoga. The declaration came after the call for the adoption of 21 June as International Day of Yoga by Indian Prime Minister, Narendra Modi during his address to UN General Assembly on September 27, 2014 wherein he stated: "Yoga is an invaluable gift of India's ancient tradition. It embodies unity of mind and body; thought and action; restraint and fulfilment; harmony between man and nature; a holistic approach to health and well-being. It is not about exercise but to discover the sense of oneness with yourself, the world and the nature." In Suggesting June 21, which is the Summer Solstice, as the International Day of Yoga, Narendra Modi had said, "the date is the longest day of the year in the Northern Hemisphere and has special significance in many parts of the world." Yogi and mystic, Sadhguru notes the importance of this day in the yogic tradition: “On the day of the summer solstice, Adiyogi (the first yogi) turned south and first set his eyes on the Saptarishis or Seven Sages, who were his first disciples to carry the science of yoga to many parts of the world. It is wonderful that June 21 marks this momentous event in the history of humanity.”


India’s Top 20 Residential Neighbourhoods

Monday, June 1st, 2015

Traditionally, the southern neighborhoods of India’s primary cities have always been the poshest and most desirable locations for HNI home buyers. Historically, these localities have housed the Who’s Who of the city. This phenomenon still continues; however, over time, other areas are competing with these legacy locations and attracting the younger nouveau riche.


Indian Navy chief downplays 'white paper' release by China

Friday, May 29th, 2015

Chief of Naval Staff Admiral R.K. Dhowan on Thursday downplayed the 'white paper' released by China on Tuesday that outlines a strategy to boost Beijing's naval reach and announces plans for the construction of two light houses in disputed waters, developments which are likely to escalate tensions in a region already jittery about Chinese maritime ambitions.
The naval chief replying to the question of China's perceived threat in the Indian Ocean region said "It is natural for any navy to have its plans which cover a spectrum of their entire operations, so it isormal activity for any white paper of any navy," said Admiral Dhowan.
In a policy document issued by the State Council, the Communist-ruled country's cabinet, China had vowed to increase its "open seas protection", switching from air defence to both offence and defence,nd criticised neighbours who take "provocative actions" on its reefs and islands
On the issue of coastal security, the navy chief explained the action being taken since the Indian navy was given the charge as the lead agency in coordination of coastal security in 2008.
"Setting up of 46 coastal radar stations, 74 automatic identification systems, induction of our fast and scepter class and leveraging of technology with patrols that are carried out by the navy and the coast guard. Our ships, UAV's and aircraft keep the complete surveillance under patrol," added Admiral Dhowan.


Speed of talks has increased: Parrikar on Indo-China border agreement

Friday, May 29th, 2015

 Union Defence Minister Manohar Parrikar on Tuesday said that the process for border agreement with China has been initiated, but added that it would take time to resolve the present problem.

"There are confidence-building measures which had already been initiated. The speed of talks has increased. I think a lot depends on these aspects so that we can resolve the problem. But it is not a five minute task... it will take much longer, but the exercise is on," Parrikar said in an exclusive interview with ANI.


Prime minister Modi ’s visit to Korea heavily tilted towards business

Sunday, May 17th, 2015

Indian Prime Minister Modi's maiden trip to South Korea as is scheduled for May 18-19, after  his visit to China and Mongolia.

From all the available sources in the public domain, it is becoming more and more clear our Prime Minister’s visit to Seoul will focus on economic and business promotion. If advance visits of Indian official to Seoul in recent weeks are any indication Strategic and security issues are not expected to get much attention and mostly likely put on the back burner.

It is hoped that the Prime Minister's May tour to these three countries might attract as much as $10 billion in financial assistance for his pet projects: Smart Cities, Digital India and Swachh Bharat Abhiyan.

South Korea has shown significant interest in these projects. Advance teams are currently negotiating terms and conditions for the infrastructure development package, which will be funded by South Korea's Export Import Bank. Sources have indicated that most of the assistance would be provided on a long-term basis at reasonable interest rates.

South Koreans have also shown great interest in his “Make in India” campaign. Indian delagates are said to be persuading big South Korean businesses to invest in India, and the Indian government is hinting that more infrastructure sectors could be covered following the bilateral negotiations to make the deal more attractive to South Koreans.

The Prime Minister is especially interested in developing closer ties with the shipbuilding industry, in particular those companies open to building ships in India. Knowing well that South Korea is a world leader in LNG transportation vessels, he has been encouraging India's private as well as state-run players to develop relations with Korea’s top shipbuilders such as Hyundai Heavy Industries, Daewoo, Samsung, STX, Hanjin, Sundong and Hyundai Samho; and looking into the possibility of making a ship in India for LNG imports. If a deal comes through this might be seen as one of the concrete outcomes of the visit.


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