The agreement on services, if ratified by all member countries, could prove to be a game changer for Indian professionals in education, healthcare & IT.
The bilateral trade grew by 4.6 per cent from $68.4 billion in 2011 to $ 71.6 billion in 2012.
Recalibration is required as some items of interest to Britain may have to be removed
On the final day of Prime Minister Narendra Modi's visit to the US, that country on Tuesday extended its Defence Cooperation Agreement with India by another 10 years. The pact, which was to expire in June next year, will now be in force till 2025.
On the agreement of Uranium exports to India from Australia, he said the two countries were working on it and there has been 'good progress'.
Four Canadian ministers of Indian origin are traveling with Prime Minister Trudeau.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'
Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen embassies after talks in Beijing between officials from the two rival Middle East powers, Iranian state media reported on Friday.
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
India's Current Account Deficit rose to a record 6.7 per cent in the quarter ended December of 2012-13.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.
"We foresee a very intensive engagement during the day that will culminate in the summit," the MEA spokesperson said.
Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new milestone in bilateral economic and energy partnership.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
'In a special gesture, UAE President and Ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan, accompanied by senior members of the Royal Family, was at Abu Dhabi airport for the interaction with PM'
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
Terming his discussions as 'fruitful and productive', Modi said the discussions were wide ranging, covering the entire spectrum of the bilateral engagement.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
Agreeing to resist protectionism in global trade, India and the European Union announced reaching the final stage of a trade and investment opening pact, billed as one of the largest bilateral agreements.
The talks between the two leaders covered the entire gamut of bilateral ties as well as key regional and global issues, including the Ukraine conflict.
Trade enhancement is not about lowering tariff barriers, but dismantling such regulatory barriers.
Pakistan Prime Minister Nawaz Sharif will visit China next week on his first foreign tour since assuming office, the foreign ministry said on Friday.
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.
Swaraj is in Bahrain for a two-day visit to attend the first ministerial meeting of the India-Arab League Cooperation Forum to be held on Sunday.
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
India and China on Wednesday signed in all nine agreements, including the Border Defence Cooperation Agreement and one on strengthening cooperation on trans-border rivers, after restricted and delegation-level talks that lasted over two hours as Prime Minister Manmohan Singh and Premier Li Keqiang met for the second time this year for talks which the Indian leader described as "fruitful and productive".
Hamid Ansari on Friday left for Lima on the first-ever visit at the Vice Presidential level to mineral-rich Peru and Communist Cuba as part of India's thrust towards Latin America.
PM promised a tax regime that is predictable and competitive
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Pakistan had promised to grant this status, mandatory under global trading rules, to India in December 2012.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
There were concerns in Sri Lanka about the huge trade imbalance.
Joe Biden will embark on his maiden visit to India as United States Vice President on July 22 to discuss key bilateral issues, including trade, energy and defence, to make Indo-US ties the most important strategic partnership of the 21st century.
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