The medical equipment and other supplies were brought to Delhi in a C-5M Super Galaxy, one of the largest strategic airlift aircraft of the US Air Force.
After a meeting of the Group of Ministers on coronavirus, the government has proposed a set of social distancing measures to be in force till March 31, the officials told reporters.
India's exports to EU and Britain stood at $35.35 billion and $9.35 billion in 2015-16, respectively
Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.
More than 1,400 people have signed an e-petition on the UK government website calling to 'Reverse Mango Import Ban.'
Given wild swings, investors are wondering where the metal market is going. There was a strong uptrend in industrial metal through much of the last three years due to fears of supply chain issues - first due to Covid-19 and then due to the Ukraine War. That uptrend broke down as it became apparent that global growth would moderate as inflation rose and Western Europe (the EU plus the UK) went into a near-recession and China was in a rolling lockdown.
Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.
As stringent sanctions imposed by the European Union and US are crippling business and trade, desperate Russian oil companies are offering huge discounts to India, provided a payment mechanism to bypass the SWIFT ban is quickly approved by the government. According to sources familiar with the development, Russian oil firms are offering 25-27 per cent discount to the dated Brent crude prices. State-run Rosneft is one the biggest oil companies that supply crude to India.
Already, four sessions of the new G-12 countries, including the US, the EU, India, Brazil, China, among others, have taken place over the last 10 days at the American mission here. But little progress has been made on the contentious issues in the latest non-agricultural market access draft text, senior officials told Business Standard.
The EU India summit is likely to endorse India's position on bilateral talks with Pakistan on Kashmir.
'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.
The G20 foreign ministers' meeting on Thursday was unable to come out with a joint communique due to sharp differences over the Ukraine conflict despite persistent efforts by host India to build consensus.
The European Union on Thursday raised concern over its trade with India on two areas, differing tax rates in states and entry barriers for processed food items. Both, it said, are major concerns.
Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
Go-getter, ambitious, dynamic, workaholic are some of the adjectives that officials who worked closely with B V R Subrahmanyam use to describe him.
The electric Chetak has already sold close to 25,000 units in India, and the European version will be based on the same platform.
Amid the coronavirus scare, Union Sports Minister Kiren Rijiju inaugurated the Khelo India's first Winter Games chapter in Jammu and Kashmir's Gulmarg town on Saturday. This comes amid calls from Srinagar Mayor Junaid Mattu seeking cancellation of the event.
This means fully vaccinated Indian passengers will no longer be subjected to a compulsory 10-day hotel quarantine on their arrival in Britain.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
Negotiators from were expected to meet in New Delhi on August 28.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
An overarching law governing public healthcare is a glaring gap in India's fight against the COVID-19 pandemic. In India it is left to individuals to quarantine themselves voluntarily. Moreover, the 123-year old The Epidemic Diseases Act, 1897, governs healthcare emergencies in India.
The Delegation of the European Commission in India invites Indian journalists to participate in the EU-India Essay Contest for Young Indian Journalists 2005.
Prime Minister Narendra Modi will visit the Indonesian city of Bali from November 14 to 16 to attend the G-20 summit, the ministry of external affairs announced on Thursday.
Government feels that early conclusion of Idnia-EU trade pact will open up new economic opportunities.
Modi will embark on a three-nation tour beginning March 30 during which he will attend the crucial Nuclear Security Summit in Washington, India-EU Summit in Brussels and travel to Saudi Arabia, a key partner of India in the sensitive Gulf region.
Seeking to avoid inconvenience to air passengers due to delays on foggy winter mornings, the government has instructed all airline operators to provide refreshments to travellers as they wait for their flights.
Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.
Prime Minister Narendra Modi had informal interactions with US President Joe Biden, UK Prime Minister Rishi Sunak, French President Emmanuel Macron and several other global leaders on Tuesday on the sidelines of the G20 summit in Bali and exchanged views on a range of issues.
What the UK is getting out of the Serum Institute is what India is losing. And the responsibility of the Indian State ought to have been to dictate where Serum Institute's vaccine doses should go, argues Ambassador M K Bhadrakumar.
Barring a few exceptions India has a chronic trade deficit with most of its existing FTA partners as it is with most of its proposed FTA partners.
The visit of the MEPs to Kashmir was not ceding of ground on Kashmir, the MEA said.
In April, the 28-member European Union had temporarily banned the import of Alphonso mangoes and four vegetables from India from May 1.
'No Cold War should be reignited and no Ukraine-style crisis should be repeated in Asia'
Amid demands for snapping trade ties with China for its transgressions on the border, former Niti Aayog vice chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth. Instead, Panagariya suggested that India should try to enter into free trade agreements (FTA) with countries such as the UK and the European Union to expand its trade. "Engaging China in a trade war at this juncture will mean sacrificing a considerable part of our potential growth... purely on economic grounds, it will be unwise to take any action in response to it (transgressions on the border)," the eminent economist told PTI.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
Representatives from the United States and Qatar, the UN, China, Uzbekistan, Pakistan, the United Kingdom, the EU, Germany, India, Norway, Tajikistan, Turkey and Turkmenistan joined a regional conclave on Thursday to discuss ways to contain the escalating security situation in Afghanistan.
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