BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
India's Permanent Representative to the UN, Ambassador Harish Parvathaneni, asserted that 'a terrorist is a terrorist' and called on the international community to collectively root out the 'murderous ideology' without seeking any justification for terrorism.
The policy unveiled by the home ministry is based on seven key pillars to counter the terror threats emanating from India or abroad -- prevention, responses, aggregating internal capacities, human rights and "Rule of Law"-based processes.
Finance Minister Nirmala Sitharaman on Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks.
India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog.
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure. The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan.
India is aiming to become a global hub for green hydrogen exports, eyeing nearly 10 per cent of the worldwide demand by 2030, Union Minister Shripad Yesso Naik said on Tuesday. Addressing FICCI Green Hydrogen Summit 2025, the minister said 8.62 lakh tonne annual hydrogen production capacity has been awarded to 19 companies.
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
India will argue for Pakistan's return to the Financial Action Task Force (FATF) grey list due to its alleged failure to combat money laundering and terror financing. The move comes after recent tensions between the two countries following a terror attack in Pahalgam, India. India believes Pakistan has not adequately addressed the issue of terrorism emanating from its territory and has diverted funds from multilateral agencies towards arms purchases.
JD-U MP Sanjay Kumar Jha heads a diplomatic mission to Indonesia, Malaysia, South Korea, Japan and Singapore, to seek international cooperation after the Pahalgam attack while highlighting Pakistan's role in cross-border terrorism.
'Every decision India makes along the LoC, it must also consider implications along the LAC.'
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.
This is what Krishna Rajput did.
Delivering a thinly veiled message to Pakistan from its soil, External Affairs Minister S Jaishankar on Wednesday said activities across borders characterised by the 'three evils' of terrorism, extremism and separatism are unlikely to encourage trade, energy flows and connectivity.
The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."
The Indian Navy has deployed task groups comprising frontline destroyers and frigates in the central and north Arabian Sea and augmented its force levels in the region to undertake maritime security operations in view of recent attacks on commercial vessels in key shipping lanes.
The govt said the onus is on Pakistan to create such a conducive atmosphere, including by taking "credible, verifiable and irreversible" action to not allow any territory under its control to be used for cross-border terrorism against India.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
The Indian Navy rescued an Iranian-flagged fishing vessel with 19 Pakistani crew members and a Sri Lankan trawler in two swift operations after armed pirates hijacked the boats in the Arabian Sea amid deteriorating security situation arising out of Iran-backed Houthi rebels targeting various cargo ships in the region.
India has evidence that social media platforms are being used to raise terror funds, NIA director general Dinkar Gupta said on Thursday, underlining that the issue will be deliberated during a two-day international ministerial conference on countering terror financing.
For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.
The UN Security Council Resolution 2309 calls governments to meet their responsibility to keep citizens secure while travelling by air.
He also said that terrorists are constantly finding new ways to carry out violence, radicalise youth and raise financial resources and the darknet is being used by terrorists to spread radical content and conceal their identities.
A dossier will be given to the FATF, an international terror financing watchdog.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
He also said that when it comes to proscribing some terrorists, the United Nations Security Council (UNSC) has 'regrettably' been unable to act in some cases because of 'political considerations'.
India on Thursday expressed reservations over control of crit ical internet resources like allocation of domain names by a US contracted entity, saying this cannot really be reflective of the international character or community of internet users.
A statement issued by the Interior Ministry also said the crackdown on Jaish 'has been taken in line with the decision of the NSC meeting'.
At a critical time in the history of the United Nations, when the global order itself may be reshaped, following a devastating pandemic, India has chosen an experienced, charming and upright diplomat to lead the Indian delegation to the UN in New York.
India believes no country would emerge victorious in the Russia-Ukraine war as all will suffer losses and there will be a "more serious" impact on developing and poor countries, Prime Minister Narendra Modi said on Monday after holding talks with German Chancellor Olaf Scholz as both leaders reiterated the need for an immediate cessation of hostilities.
Although the Malabar is a routine exercise which has been carried out for several years now, security experts attach a lot of traction to it in view of China's assertive behaviour in the South China Sea, observes Rup Narayan Das.
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
Henry Kissinger once said, 'It may be dangerous to be America's enemy, but to be America's friend is fatal.' India will have to wait and see, observes Rajeev Srinivasan.
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies
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.
