India's GDP growth for the current fiscal is expected to slow down to 4.8 per cent, a UN report has said, warning that the Covid-19 pandemic is expected to result in significant adverse economic impacts globally. The UN 'Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies' said that Covid-19 is having far-reaching economic and social consequences for the region, with strong cross-border spillover effects through trade, tourism and financial linkages.
Money to come only after Delhi improves biz environment & fast-tracks work.
Luxembourg on Monday said it would increase capital flows into India via its investments funds by setting up a legal framework and was working towards increased bilateral trade and other areas for economic cooperation.\n\n\n\n
India's envoy to the US Ronen Sen said both India and the United States have invested significant political capital in building a strategic partnership based on shared values and common concerns. He, however, added Sen, that India's growth will not be at the cost of other countries. Sen further expressed concern over violent extremism in India's neighbourhood, saying it was a challenge for the country, and for the world.
After the second US-India strategic dialogue, Aziz Haniffa finds growing concern about the civilian nuclear deal trapped in limbo.
A feature of this year's BRICS summit was economic cooperation.
'Clearly, the warming of ties can be a 'win-win' for India and China,' says Ambassador M K Bhadrakumar.
Prime Minister Narendra Modi and US President Barack Obama on Sunday held talks on a range of crucial issues, including removing hurdles in operationalising the long-stalled civil nuclear agreement and enhancing ties in defence, trade and commerce and climate change.
'We are confident that the US manufacturing industry will be able to take advantage of the US-India Investment Initiative to effectively support our goals of assisting in the development of three Indian cities -- Ajmer, Vishakhapatnam and Allahabad -- where the United States will be the lead partner,' Senators Warner and Cornyn told Obama.
Japanese PM Shinzo Abe will arrive in New Delhi on Friday on a three-day visit to hold annual summit with a focus on forging greater synergies between the two nations.
"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.
It is difficult to recall an Indian minister in modern times pushing back at the US publicly, observes Ambassador M K Bhadrakumar.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
Key economies like India and China are rapidly becoming the biggest trading partners of the Gulf countries as compared to other regions, a new study has said.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
India on Thursday secured Mexico's backing in its bid to become member of the Nuclear Suppliers Group as it aggressively scouted for support ahead of a crucial meeting of the 48-nation nuclear trading bloc in Vienna.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
German Chancellor Angela Merkel and Prime Minister Narendra Modi held talks on stepping up bilateral cooperation in a range of key areas with a special emphasis on ramping up trade and investment when global slowdown is emerging as a major concern.
The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.
Indo-Canadian relations are set to take off with the government of Prime Minister Stephen Harper laying out a detailed roadmap for bilateral cooperation. Business leaders in Toronto are pitching for strong expansion of trade ties.
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
Significantly, the official spokesman of the Russian foreign ministry said in a statement posted on the ministry's website that the new guidelines adopted by the NSG to ban the sale of ENR technology to NPT non-signatories would not apply to India. This unambiguous statement was made just a few days before the Indo-US Strategic Dialogue
The Sheikh Hasina-Narendra Modi summit put India-Bangladesh ties on a firmer pitch. Brigadier S K Chatterji (retd) takes stock.
This approval was given after a meeting of the Trade and Economic Relations Committee in New Delhi, Media Advisor to the PM Sanjaya Baru.
The launching ceremony for the first warship was held at the Hudong Zhonghua Shipyard in Shanghai on Sunday. Pakistan-China defence ties turn a new chapter with the launch of the first ship of Type-054 class frigate, Pakistan's state-run APP news agency reported.
Modi will hold several bilateral meetings with the leaders of the SCO member countries including China's Xi Jinping.
An agreement to expedite the Jaitapur nuclear plant was expected to be signed.
The relation between India and China has broad influence on Asia's security and the United States will continue to engage with them to encourage regional stability, the nominee for the Pentagon's top policy post for the Asia-Pacific region said.
Sushma in her address at the Shanghai Cooperation Organisation Council of Foreign Ministers meeting said that terrorism is an enemy of basic human rights.
On the second leg of his trip to Central Asia, Narendra Modi makes quite an impression in Astana, as he talks about terror and trade, films and the future
World leaders are reacting with caution to Donald Trump's jaw-dropping victory in the US presidential election, with some of them reminding him of the democratic values and the global responsibility he carries.
Reflecting growing congruence in ties, India and Sri Lanka on Tuesday held extensive talks on sticky fishermen issue, ensuring justice to Tamils and ways to deepen trade and defence engagements besides resolving to intensify cooperation in combating terror and securing the maritime neighbourhood.
"The bilaterals amidst the multilateral. PM @narendramodi meets Premier Li Kequiang of China for first engagement," External Affairs Ministry Spokesman Vikas Swarup tweeted.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
The existing SAARC Development Fund could be merged into the bank.
The main elements of the programme are bilateral meetings with the US leadership, participation in the Quad Leaders' Summit, address at the UN General Assembly and business interactions.
The US has told India and other countries to cut oil imports from Iran to 'zero' by November 4 or face sanctions.
Prime Minister Narendra Modi's visit to South Korea is considered essential in strengthening defence ties, enhancing economic cooperation and forging cultural ties between the two countries, says Dr Rahul Mishra
