India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
'What stood out at these meetings between industry representatives and government leaders was how the equation between the ministers and industry had undergone a subtle and qualitative change,' points out A K Bhattacharya.
Pakistan Prime Minister Nawaz Sharif will visit China next week on his first foreign tour since assuming office, the foreign ministry said on Friday.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
Rajapaksa's five-day visit to India assumes significance as his tenure as Sri Lanka's president from 2005 to 2016 saw expansion of China's footprints in the Indian Ocean island nation, triggering concerns in India.
India's economy, estimated to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is forecast to record a "stronger recovery" in 2021 and grow by 5 per cent, according to a UN report which said the country's current fiscal year budget points to a shift towards demand-side stimulus, with an uptick in public investment. The report, 'Out of the frying pan ...Into the fire?' published Thursday as an update to the Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said the global economy is set to grow by 4.7 per cent this year, faster than the 4.3 per cent predicted in September 2020, thanks in part to a stronger recovery in the US, where progress in distributing vaccines and a fresh fiscal stimulus of $1.9 trillion are expected to boost consumer spending.
Pakistan will buy sugar and cotton from India, newly appointed Finance Minister Hammad Azhar announced on Wednesday, lifting a ban on their import from the neighbouring country imposed in the wake of heightened tension over Kashmir in 2019. The decision was taken at the meeting of the economic coordination committee (ECC), which was chaired by Finance Minister Azhar.
Since 2016, when India was officially recognised in US law as a 'major defence partner', Washington has purposefully upgraded the defence relationship.
"Prime Minister Modi raised the issue of Zakir Naik's extradition. Both the parties have decided that our officials will stay in contact regarding the matter and it is an important issue for us," Foreign Secretary Vijay Gokhale said on PM Modi's meeting with Mahathir.
The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.
Hectic parleys through out the year led to finalisation of the long-awaited India-ASEAN Free Trade Agreement on services and investment during the 20th India-ASEAN Commemorative Summit held in New Delhi at the end of the year.
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
China is expected to commit investments worth $6.5 billion to set up industrial parks in India and sign purchase agreements of over $3 billion with domestic companies during the visit of Chinese President Xi Jinping starting on Wednesday.
During his South Africa visit, Modi will meet President Jacob Zuma and also Cyril Ramaphosa, the deputy president.
The two-day G20 Summit saw the Indian side making "significant contributions" on resolve to counter terrorism and boost global trade and investment.
At the summit, India signed the SCO's memorandum of obligations, kick-starting the process of its accession into the group as a full member.
Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.
The two countries also decided to expand trade and commercial ties holding that there are opportunities to exploit untapped economic potential in the two countries.
Sri Lanka will re-acquire 99 World War II-era oil storage tanks leased to Indian Oil Corporation in the eastern port district of Trincomalee, Energy Minister Udaya Gammanpila announced on Wednesday.
The agenda prepared by ministers will be discussed by Prime Minister Narendra Modi and other RCEP leaders in Nonthaburi, a city north of Bangkok, on November 4, the official deadline to close talks.
The prime minister's meetings with Abe and Turnbull came a day after he held "very expansive" talks with US President Donald Trump on intensifying overall security and defence cooperation, particularly in the Indo-Pacific region where China is strengthening its military build up.
The India-European Union summit which was slated to be held later this month will now be rescheduled in view of the coronavirus outbreak, the ministry of external affairs said on Thursday.
During his visit to India last year, Australian Prime Minister Tony Abbott had expressed concern over lack of growth in bilateral trade.
I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.
To combat terror financing, India and the US committed to work together to check illicit money transfers.
Modi also made a call for European Union unity and said India would play a positive role in enhancing that through Germany.
Johnson was to spend a few days in India starting April 26 as part of a planned itinerary, which is expected to include finalising a UK-India Enhanced Trade Partnership.
'The boycott has not achieved success. Sales figures for Chinese products on the top three Indian online retailers in the first week of October hit a new record. Amazingly, the Chinese mobile phone company Xiaomi sold half a million phones in just three days on the Flipkart, Amazon India, Snapdeal and Tata CLiQ platforms.'
He said the Fourth Industrial Revolution will have more importance than the capital.
"The prime minister raised the issue of Kim Davy's extradition and hoped that Denmark would take into account India's sensitivities and extend full cooperation. The Danish minister assured that Denmark was seized of the matter," External Affairs Ministry spokesperson Vikas Swarup said.
Seeking a peaceful and secure neighbourhood amidst threat of terrorism and extremism, India and Kyrgyzstan on Sunday signed four agreements including one on bolstering defence cooperation and holding annual joint military exercises.
Asked for China's comments on India not joining the RCEP deal over concern of cheap Chinese products potentially harming its domestic industry, Chinese foreign ministry spokesman Geng Shuang told the media in Beijing on Tuesday that China welcomes India joining the deal.
World leaders from across the political spectrum congratulated Joe Biden who became the president-elect of the United States, and Kamala Harris who made history as the first female to serve as the vice president.
The bilateral talks took place as the formal heads of government meeting got underway in London on Thursday, following a formal launch by Queen Elizabeth II at Buckingham Palace.
Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.
Sources said Wang is primarily visiting India to hold boundary talks with National Security Advisor Ajit Doval.
Prime Minister Narendra Modi is in Tanzania where he held talks with Tanzanian President John Pombe Joseph Magufuli.
Johnson will be only the second British leader since Indian independence to attend the annual Republic Day parade in New Delhi as Guest of Honour, after former prime minister John Major in 1993.
The PM held wide-ranging talks with the Sultan of Oman and signed eight agreements, including pacts on cooperation in the field of defence, health and tourism.
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