According to the external affairs ministry, the prime minister will first visit Hiroshima in Japan from May 19 to 21 to participate in the annual summit of the G7 advanced economies under the Japanese Presidency.
White House Press Secretary Karine Jean-Pierre said the upcoming visit will affirm the deep and close partnership between the United States and India.
India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.
Prime Minister Narendra Modi said on Sunday said he views the current situation in Ukraine as an issue of humanity and human values and not of politics or economy even as he called for respecting international law, sovereignty and territorial integrity of all nations.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
Russian President Vladimir Putin on Friday said that any direct contact or direct clash of North Atlantic Treaty Organisation (NATO) troops with the Russian army would lead to a 'global catastrophe'.
Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.
Crude oil shipments from the US to India rose to the highest levels in November since the conflict began in Ukraine in late February, sparking hopes of a resurgence in oil flows from the US to the subcontinent, reveals shipping data. Shipments from the US have surged as Western nations prepare to impose additional sanctions on Russian crude flows. The US shipped around 450,000 barrels per day of crude last month to India, twice that of shipments in October, according to data from London-based commodity intelligence provider Vortexa.
"In principle, the ask in return is that India should not support the G7 (Group of Seven) proposal. "A decision on this issue will be taken later following talks with all the partners," an official with the Ministry of External Affairs (MEA) said.These "substantial discounts" will be steeper than those offered by Iraq in the past two months, officials said.
Biden, while not ruling out the meeting Putin at G20 meet, said that there are conditions attached.
The leaders of the Group of Seven on Sunday (local time) mocked Russian President Vladimir Putin over his shirtless, bare-chested horse-riding picture.
Leaders of the powerful G7 grouping and its five partner countries, including India, have said that they are committed to open public debate and the free flow of information online and offline while guarding the freedom, independence and diversity of civil society actors.
Asserting that India's dedication to climate commitments is evident from its performance, Prime Minister Narendra Modi on Monday hoped that rich countries of G-7 will support India's efforts in combating climate change and invited them to tap the huge market for clean energy technologies emerging in the country. In his remarks at the session on 'Investing in a better Future: Climate, Energy, Health' at G7 Summit, Modi highlighted India's track record and said it has achieved the target of 40 per cent energy-capacity from non-fossil sources nine years before time. "The target of 10 per cent ethanol-blending in petrol has been achieved 5 months before time.
State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow's invasion of Ukraine, sources said. To effect this, SBI has issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanction on it as well, sources said. No transactions involving entities, banks, ports or vessels appearing on a US, European Union or United Nations sanctions list would be processed irrespective of the currency of the transaction, they said. Payments due to such entities have to be processed by other mechanism rather than through the banking channel, sources added.
In the T20 World Cup, there will be four groups of five teams and the top two will go through to a Super Eights stage before semi-finals and a final.
Moody's and Fitch on Thursday downgraded Russia's sovereign rating to 'junk' grade following severe sanctions by western countries. While Moody's Investors Service downgraded Russia's long-term issuer and senior unsecured (local-and foreign-currency) debt ratings to 'B3' from 'Baa3', Fitch pulled down the rating on the country to 'B' from 'BBB', putting it on 'Rating Watch Negative'. The downgraded rating is in speculative or junk category reflecting default risk. It signifies that even through financial commitments are currently being met, the sovereign is vulnerable to high credit risk.
The Chinese military on Thursday said it has conducted precision strikes over the Taiwan Strait and 'expected results' were achieved, in apparent retaliation to the United States House Speaker Nancy Pelosi's visit to Taipei disregarding Beijing's vociferous warnings.
At a meeting with Yoshihide Suga on the sidelines of the Group of Seven summit in the British seaside resort of Carbis Bay, US President Joe Biden also raised a range of other issues including COVID-19, North Korea, China and climate change, the White House said in a statement.
The US president took part in an Inspection of the Guard of Honor and then joined the queen and first lady to watch a military march. Afterwards, the three went into the queen's apartment for tea, The Hill noted.
SP and SBSP leaders had shared the dais in Mau on Wednesday and announced that they would together trounce the BJP in the 2022 elections.
A bill to modify the list of scheduled castes in Tamil Nadu by grouping of seven castes which presently exist as separate castes, was passed by the Lok Sabha on Friday.
Prime Minister Narendra Modi on Sunday said India is a natural ally for the G7 countries in defending the shared values from a host of threats stemming from authoritarianism, terrorism and violent extremism, disinformation and economic coercion.
'If the US or UK were to seek additional time to continue evacuations -- the answer is no'
The Corporate Survey showed 37 per cent of firms were in favour of cancellation, while 32 per cent want a postponement.
The same team of scientists had last year dismissed the lab leak idea as a conspiracy theory in a report also published in The Lancet.
Prime Minister Narendra Modi on Saturday called for following a 'one earth, one health' approach to effectively deal with the coronavirus pandemic globally, and sought the support of the G7 grouping to lift patent protections for COVID-19 vaccines, during a virtual address at an outreach session of a summit of the bloc.
The top moments from the Beijing Winter Olympics on Sunday.
Over 200 world leaders, including former presidents, prime ministers and ministers have backed a campaign urging the Group of Seven (G7) rich nations to help vaccinate the world's poorest from low-income economies against COVID-19 by paying two-thirds of an estimated $66 billion required.
A day after joining the OECD-G20 framework for global minimum tax, the finance ministry on Friday said some significant issues including share of profit allocation and scope of subject to tax rules are yet to be addressed and a 'consensus agreement' is expected by October after working out the technical details of the proposal. Total 130 countries on Thursday agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15 per cent rate. India is in favour of a consensus solution which is simple to implement and simple to comply.
Coates, who spoke at a news conference at the end of the meeting, said that more than 80% of residents of the Olympic Village would be vaccinated ahead of July 23, when the Olympics start.
I don't feel that as a G7 it properly represents what's going on in the world. It's a very outdated group of countries.
Britain's Queen Elizabeth II is expected to host US President Joe Biden at Buckingham Palace ahead of the G7 summit scheduled between June 11 and 13.
Addressing a parliamentary committee, medical adviser Shigeru Omi said organisers should explain to the public why they are going ahead in the middle of a pandemic.
In their letter, the lawmakers said that the US as a nation that is familiar with political protests can offer counsel to India during their current period of social disturbance.
Two members of the small delegation accompanying External Affairs Minister S Jaishankar to the UK have tested positive for Covid-19, forcing him to rework his official schedule in London.
The president, speaking to reporters before he departed for a Group of Seven summit in Canada, also said he will reach out to NFL players who have been urging criminal justice reforms for their recommendations of people who have been treated unfairly.
Johnson also reiterated his plan to visit India ahead of the G7 summit, after a scheduled visit for Republic Day this month was called off due to the coronavirus crisis.
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
The Olympic torch relay set off from Fukushima on Thursday, beginning a four-month countdown to the summer Games in Tokyo
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