The decision to go for such a pact was taken at a meeting between European Union Foreign Affairs Minister Baroness Catherine Asthon and Overseas Indian Affairs Minister Vayalar Ravi.
A government statement said Modi conveyed to Putin that India attaches the highest priority to the safe exit of Indians from Ukraine and their return to India.
The White House is planning another set of sanctions on Russia. This is likely to be announced on Wednesday.
'India has an advantage because we produce more cotton and we have more workforce.'
The proposed India-Israel trade pact should be beneficial to both nations and until New Delhi gets a good deal, it would not do an agreement, Commerce and Industry Minister Piyush Goyal said. India and Israel are negotiating a free trade agreement (FTA) since May 2010. "With Israel, until we get a good deal, we will not do an FTA. It has to be reciprocally beneficial," the minister said in San Francisco on Tuesday while interacting with the Indian community.
GVK Biosciences is the latest Indian firm to come under international scrutiny over quality issues.
Under a Horizontal Aviation Agreement between India and the EU, New Delhi allows European airlines to operate flights between India and any EU member-state.
India and the European Union on Monday decided to extend an agreement to continue cooperation in the civil aviation sector, especially in safety, security and air traffic management for two more years.
The EIB has supported long-term investment across India that has helped the country harness renewable energy, strengthened industry and reduced carbon emissions.
British Prime Minister Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI) as part of his vision to make the UK a "beacon" to attract the "brightest and best" from around the world. Addressing the Confederation of British Industry (CBI) annual conference in Birmingham, Sunak told an audience of business chiefs and professionals that control over the country's post-Brexit immigration policy remains crucial. However, he pledged to create "one of the world's most attractive visa regimes for entrepreneurs and highly skilled people" and make use of the "Brexit freedoms" to strike trade deals with "the world's fastest-growing economies".
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
Ahead of the Indo-European summit scheduled on November 30 in New Delhi, the Commission yesterday said the statistics underscore the growing importance of the emerging Indian economy in the world food trade and the overall trade with Europe, which has grown by 80 per cent since 2000.
Delhi has come to accept the Taliban takeover in Kabul as a reality and seems increasingly unsure of its dogmatic view of the Taliban as a mere proxy of the Pakistani military and security establishment, observes Ambassador M K Bhadrakumar.
India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.
Firms to find alternative export routes or face increased trade barriers
BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.
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".
Second-tier Formula One teams Sauber and Force India lodged official complaints with the EU's competition regulator, alleging that the sport's governing body mismanages prize money.
Jointly organised by the Indian Merchants Chamber (IMC) and the Europe India Chamber of Commerce, the 'India Calling' conference is a rare effort by Indian industry to brand India at a EU level.
'We have not been able to use the potential of our location in the region and the world and our strength as a nation and an economy to establish an EU-like structure in South Asia,' points out Aakar Patel.
Prime Minister Narendra Modi on Tuesday underlined the need for not promoting any restrictions on the supply of energy and called for ensuring stability while once again emphasising on resolving the Ukraine conflict through diplomacy.
The US Trade Representative's (USTR) office will also conduct the Section 301 probe against nine others, including Austria, Brazil, Indonesia, Italy, Spain, Turkey, the Czech Republic, the UK, and the EU, for levying or considering digital services taxes "discriminating against US companies".
The UN Human Rights Council in Geneva on Tuesday adopted a resolution against Sri Lanka's rights record, in a setback to Colombo, which made determined efforts to garner international support ahead of the voting.
The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.
Foreign ministry spokesperson Mao Ning went on the offensive saying "we do not believe the entry restriction measures some countries have taken against China are science-based".
The upward revision is due to stronger-than-expected GDP numbers for the quarter ended March 2016.
Talks on an India-European Union Free Trade Agreement started in 2007. Six rounds of negotiations have been held but the two sides have not been able to arrive at a consensus on the level of trade to be covered under the FTA that will eventually eliminate duties on goods traded.
A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.
Except for 69-year-old Xi, all top officials including the number two leader in the Chinese leadership hierarchy Premier Li Keqiang will be replaced in the massive reshuffle to follow during the week.
In the last five years of NDA rule, 2018-2019 was the worst for exporters.
Indian may manage to export mangoes to the UK this year.
The study led by a team at the Massachusetts Institute of Technology says airplanes flying at a cruise altitude of around 35,000 feet emit pollutants that contribute to about 8,000 deaths per year globally.
The European Union has said the recent big ticket merger and acquisitions between Indian and European companies including Tata-Corus and Vodafone-Hutch would pave the way for greater economic integration
Overcoming its initial concerns, national reinsurer GIC Re has contributed to the formation of an insurance pool to cover most imports from Russia. While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too. This was decided by a clutch of Indian insurance companies, led by the state-owned ones. GIC Re's share is about 40 per cent in the pool. Last month, GIC Re had shot off a letter to all non-life insurance companies that underwrite marine risks not to ask it for reinsurance of cargoes that originate from Russia.
The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike of 50 basis points to check high inflation, in line with similar actions taken by other major central banks, including the US Fed. Based on the recommendations of the Monetary Policy Committee (MPC), the RBI had effected 50 basis points increase in repo rate each in June and August after raising the short-term lending rate by 40 basis points in an off-cycle decision in May. The MPC, headed by RBI Governor Shaktikanta Das, is scheduled to meet during September 28-30.
European Investment Bank to set up office in India.
'As long as we have such partners, Russia cannot be isolated.'
The Chinese government on Saturday ordered the release of people detained over a host of coronavirus-related incidents, a day ahead of Beijing's plan to scrap its three-year-old stringently implemented zero-Covid policy.
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