The 10-member ASEAN described the Indo-US nuclear deal as an extremely positive step, hoping that the two countries would be able to conclude the pact soon.
'We should have calmed down the child. We will do an internal analysis on that.'
Countries that have signed the RCEP agreement can start negotiations with India for joining the pact once New Delhi submits a written request stating its intention for the same, according to a declaration. On November 4 last year, India walked out of mega free trade agreement RCEP (Regional Comprehensive Economic Partnership) as negotiations failed to address New Delhi's outstanding issues and concerns. The remaining 15 member countries have signed RCEP agreement and have stated that the pact would remain open to India.
The prime minister will have a tight schedule in the Philippines as besides attending the 15th ASEAN-India summit and 12th East Asia summit on November 14, he will have a series of other engagements including bilateral meetings with several leaders.
Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amount of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI.
The two sides are engaged in negotiations to expand the ambit of FTA in goods to include trade in services and investments.
Legendary former India footballer and celebrated coach Subhas Bhowmick died after prolonged illness in the wee hours of Saturday, according to family sources.
The Gulf Cooperation Council and the Association of Southeast Asian Nations have decided to enhance cooperation in the economic, commercial, investment, educational, cultural and media fields.
Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger car shipments saw 42 per cent growth at 3,74,986 units, while utility vehicle exports rose 46 per cent at 2,01,036 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed.
India has been forcefully raising the issue of market access as well as protected lists of goods mainly to shield its domestic market as there have been fears that the country may be flooded with cheap Chinese agricultural and industrial products once it signs the deal.
Communist Party of India-Marxist (CPI-M) on Friday organised a 500-kilometre-long human chain with over four million participants in Kerala to protest a treaty signed with the 10-country Southeast Asian bloc. The agreement will be effective from Jan. 1, 2010, and tariffs on the products covered would be reduced to zero between 2013 and 2016. The Communists oppose the agreement saying its would sound the death knell for the southern state's agro-based economy.
Japanese auto major Nissan on Wednesday said it is discontinuing Datsun brand in India, nine years after the company kicked off the marque's global relaunch in the country. Having failed in its ambitious global relaunch of Datsun, Nissan had in 2020 discontinued the brand in Russia and Indonesia, the other two countries along with South Africa and India which were marked as key markets targeting the entry level car segment. Confirming the move to discontinue the Datsun brand, Nissan India in a statement said, "Production of Datsun redi-GO has ceased at the Chennai plant (Renault Nissan Automotive India Private Ltd). "Sales of the model still continue (till the stock lasts)."
India is close to signing a free trade pact with the South-East Asian nations to boost exports in the face of a global economic downturn and rising protectionism, a top official said on Wednesday.
At a joint media briefing with Lavrov, Jaishankar listed issues such as "factors of instability" such as terrorism and its cross-border manifestation and said it remains a "major concern".
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.
It was the second time in the last three days that India asserted that the relationship with China depends on the resolution of the pending issues in eastern Ladakh.
India-Maldives ties came under strain under Yameen who was perceived to be close to China.
Meeting is on June 24-25 on stalled pact, agreement likely by year-end.
After more than a year since the free trade agreement (FTA) between India and the 10-member Association of Southeast Asian Nations (Asean) became operational, it is now approaching consolidation.
The Southeast Asian nation has been focusing on modernising its military in the face of myriad security challenges as well as decades-long territorial disputes with China in the South China Sea.
The Indian and Chinese troops have been locked in a tense border standoff in eastern Ladakh since May 5, 2020, when a violent clash between the two sides erupted in the Pangong lake area.
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
"The decision has nothing to do with warnings from the United States, Britain and Australia earlier this week that terrorists were planning to bomb the gathering."
Japan also reported that five of those missiles landed in its exclusive economic zone, understandably causing grave concern.
China on Friday announced sanctions on US House Speaker Nancy Pelosi and her immediate family members for her visit to Taiwan this week, disregarding the strident warnings from Beijing, asserting that it violated China's sovereignty and the "One China policy".
The PM held bilateral meetings with three ASEAN leaders, including his Vietnamese counterpart Nguyen Xuan Phuc and Myanmar's State Counsellor Aung San Suu Kyi, and discussed key bilateral and regional issues.
Expressing concern over the Russia-Ukraine conflict, India and Australia have underlined the need for an immediate cessation of hostilities and stressed that the contemporary global order has been built on UN Charter, international law and respect for States' sovereignty and territorial integrity.
The senior defence official, however, refrained from describing the kind of responses that the two countries would respond to their common challenges.
This is more than 25 per cent higher as compared to the same period of the previous year when the prime minister had 78 domestic engagements.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.
Prime Minister Manmohan Singh on Thursday embarked on a four-day visit to Indonesia and Singapore with an aim of bolstering partnership with East Asia at a time when the United States and Europe are going through economic crisis.
In the midst of rising global concern over China's military expansionism, India and three other member nations of the Quad on Thursday vowed to uphold a rules-based international order underpinned by respect for territorial integrity and sovereignty, freedom of navigation and peaceful resolution of disputes.
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
The Biden administration has reaffirmed its commitment to support India's permanent membership in a reformed UN Security Council and New Delhi's entry to the Nuclear Suppliers' Group.
'It is an unpleasant fact of history that stronger nations dominate the power play and the only way it can be mitigated is through recourse to diplomacy,' says Ambassador M K Bhadrakumar.
The Quad has come of age and its agenda covering areas like vaccines, climate change and emerging technologies makes it a force for global good, Prime Minister Narendra Modi said at the first summit of the coalition. In his opening remarks, he also talked about shared values and promoting a secure, stable and prosperous Indo-Pacific.
Wen has postponed an official visit to the Philippines, which was originally scheduled for December 13-14, Foreign Ministry spokesman Qin Gang announced in Beijing on Sunday.
