Citing the latest statistics from Eurostat, the ministrysaid trade between China and the European Union totalled Euro35.6 billion ($49.4 billion) in July, allowing the countryto overtake the US.
Now that the vaccination drive is in full force and Covid-19 restrictions are easing up, Prime Minister Narendra Modi is expected to follow a busy diplomatic calendar in the coming days.
The first inclination we had that Queen Elizabeth II had passed into the ages was a glimpse of the Union Jack flying at half mast over Buckingham Palace during the BBC's sterling non-stop coverage after her doctors stated their concerns on the British monarch's health on Thursday.
A Russian tennis player was refused boarding by a Polish airlines and then denied a ticket by German airlines Lufthansa.
'India needs many more job creators, both in manufacturing and services, to make it big.' 'For that, the red carpet must be rolled out fully and for all investors without holding back,' suggests Nivedita Mookerji.
Stocks of companies having operations and exports to Europe were the top losers.
Liberal Democrat Member of the European Parliament Chris Davies said the decision showed the Indian government was trying to hide the "reality of its actions" and blocking absolute freedom of the press.
The announcement comes two years after the referendum in which the British people voted to leave the EU.
Indian cuisine is remarkably popular in Poland with various Indian restaurants catering to the growing demand for the rich flavours and Polish diners visiting them say the dishes like dosa and butter chicken remind them of their travels to India.
Prime Minister Narendra Modi and US President Joe Biden are set to hold bilateral talks on Friday evening with a focus on further solidifying the India-US comprehensive global and strategic partnership.
Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.
Euro is the currency used by the Institutions of the European Union and is the official currency of the eurozone.
The company agrees to discussions for long-product division with Swiss group Klesch.
Kremlin spokesman Dmitry Peskov briefly admitted that Russia had suffered a 'significant' loss of its troops in Ukraine, calling the casualties 'a huge tragedy' for the country in an interview with Sky News.
Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.
Bharat Forge, the Pune-based automotive component maker, has been one of the top-performing companies in its segment. The company's stock price is up 39.3 per cent since the beginning of the 2023 calendar year, surpassing other leading automotive component makers such as Bosch and Samvardhana Motherson International. The stock also outperformed the benchmark BSE Sensex, which is up 17.3 per cent year to date so far.
On Tuesday, 625 members of the European Parliament voted 368-159 in favour of passing the report on Eliminating Gender Stereotypes with 98 abstaining. However, the controversial 'porn ban' section of the proposal was rejected.
Officials from India and the United Kingdom (UK) are working overtime to address the contentious issues related to the proposed free trade agreement (FTA) between the two nations, in a final push to conclude the deal by the year-end. Commerce secretary Sunil Barthwal was headed to London on Thursday after completing his four-day visit to Brazil. Other key officials from India's negotiating team will be joining Barthwal in the UK capital, hoping to make headway in the FTA negotiations, which started in January last year, a person aware of the matter told Business Standard.
Our government shows a benign mask to the world behind which its fangs are bared against its own citizens, observes Aakar Patel.
The proposed comprehensive free trade agreement between India and the 27-nation EU bloc includes relaxation of visa norms for professionals.
Europe's leaders have expressed delight over the awarding of this year's Nobel Peace Prize to the European Union and hailed it as a tremendous honour and encouragement for their endeavour to promote unification, amid derision from the British press which called the decision "frivolous".
Macron's office said the President will travel to Delhi to participate in the G20 Summit on September 9 and 10 following which he will leave for Bangladesh for a bilateral visit.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
Herzog further claimed that Iran is supporting the "terror machine" by providing billions of dollars aiming to undermine the regional situation.
The United States continued their dominance of the Olympic 4x400 metres relay on Saturday but only just, as Rai Benjamin held off Botswana's Letsile Tebogo in a thrilling last-leg battle between two individual gold medallists.
Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.
After his visit to Brussels, McGurk will visit Israel where he is slated to meet with Prime Minister Benjamin Netanyahu, Defence Minister Yoav Gallant and senior security and intelligence officials.
Stating the volume of trade between India and Finland is "not big enough", Finnish Minister for Foreign Trade Alexander Stubb today said it would increase only after signing of the much-talked about free trade agreement between India and European Union.
In his opening remarks at the G20 Leaders' Summit at the Bharat Mandapam in New Delhi, Modi said the 21st century is a time of giving new direction to the world.
In a significant move to enhance its strategic resource security, India has officially released its first-ever critical minerals list, identifying 30 key critical minerals crucial to the nation's economic growth and technological development. This pioneering step aims at reducing import dependence, enhancing supply-chain resilience, and supporting the country's net-zero objectives. Union Minister Parliamentary Affairs, Coal and Mines Pralhad Joshi, while releasing the Critical Minerals for India report in New Delhi on Wednesday, said, "India is readying for an Atmanirbhar Bharat."
Hundreds of migrants, who continue to arrive in Europe as they flee the scenes of chaos and brutality of the Islamic State in the Middle East, have created sharp divisions among European Union member states which are increasingly finding it tough to control the massive influx.
Apple Inc has requested the ministry of electronics and information technology (MeitY) to give it 18 to 24 months' exemption to comply with the European Union (EU) regulation of putting an USB charging port in all its older smartphones, mainly iPhone 13 and iPhone 14, which are assembled, exported and also sold in the domestic market. Apple's stance is different from that of Samsung, which has been pushing for an immediate implementation of the EU regulation. All smartphones by the South Korean giant already comply with the EU rules.
The rising dependence on discounted crude oil has resulted in India's trade deficit with Russia hitting the second-highest place last year, after China, reveals Department of Commerce data. From April through January 2022-23 (FY23), India's maximum trade deficit was with China, at $71.58 billion. This was followed by Russia, where the deficit expanded sevenfold - from $4.86 billion in April-January of 2021-22 (FY22) to $34.79 billion during the same period in FY23.
India is awaiting a written confirmation from China on President Xi's participation in the G20 Leaders Summit, Muktesh Pardeshi, Special Secretary for G20, said on Friday.
There is no official word either from China or from India on who will represent Beijing at the upcoming G20 summit.
The IAF has already set up a dedicated operations direction centre for coordinating various aspects of the arrangements with security agencies concerned, they said.
United States President Joe Biden is all set to visit India and is 'very excited' about the important initiatives he will be championing at the G20 Summit in New Delhi, according to senior White House officials.
India's upcoming presidency of the G20 grouping is a matter of pride and a great opportunity for the country in its 75th year of Independence, Prime Minister Narendra Modi said on Tuesday. Modi made the remarks after unveiling the logo, theme and website of India's G20 presidency during an online event. India will assume the presidency of the powerful grouping from the current chair Indonesia on December 1.
The military conflict around the Zaporizhzhia nuclear power plant in Ukraine -- Europe's largest nuclear plant -- has raised fears of an accident worse than the Chernobyl accident in 1986.
John Clancy, spokesperson for the European Commission's trade directorate, told Business Standard this week's talks would focus on 'tariffs and services'.
