Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
After recording negative growth for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to $6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to $5.25 billion, the data showed.
'Strikes into the Gulf countries are proof that the security guarantees offered by the US are ineffective and that the Gulf countries cannot rely on American security assurances for their safety.'
Prime Minister Narendra Modi on Saturday proposed a G20 initiative aimed at enhancing clean energy transitions by boosting recycling, easing supply chain pressures and advancing joint research on critical minerals, and suggested forging a partnership to make satellite data more accessible and interoperable.
He further criticised South Africa's use of the G20 platform to promote "solidarity, equality, and sustainability" to promote "Diversity, Equity, and Inclusion (DEI) and climate change."
The G20 leaders will deliberate on pressing global issues at the grouping's annual summit here on September 9 and 10. India is hosting the summit in its capacity as the current G20 chair.
President Xi is also skipping the ASEAN (Association of Southeast Asian Nations) and East Asia summits in Jakarta this week.
A new global survey reveals that we are worried and the things that keep us up at night the most are -- corruption, violence and unemployment.
The S&P BSE Sensex surged 481 points to close at 25,627.
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.
Without mentioning the boundary dispute, the spokesperson said that China-India relations have been stable on the whole and "our two sides have maintained dialogue and communication at various levels".
There have been sharp differences between the Russia-China combine and the Western countries over the text to describe the Ukraine crisis.
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.
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.
The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.
Making the announcement, the Ministry of External Affairs said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time.
The members of the grouping made it clear that they were against the use or threat of use of nuclear weapons and sought "peaceful resolution of conflicts."
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
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.
The survey also noted that the silver lining continues to be that majority of Indians (65 per cent) feel that the country is heading in the right direction.
A US Congress-constituted quasi-judicial body on Monday recommended to the Biden Administration to designate India, China, Pakistan, Afghanistan and 11 other nations as "country of particular concern" in the context of status of religious freedom.
India on Saturday pulled off a big diplomatic win after the G20 summit held under its presidency adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending the "global trust deficit".
A sumptuous meal of Dal, Bati, Churma or Jodhpuri Kabuli pulao, followed by a lip-smacking dessert of Bikaneri ghevar or Jodhpuri mawa kachauri.
The US President also underlined that both countries "will advance sustainable and inclusive growth while tackling shared challenges like the climate, energy, and food crises."
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.
In a secret-ballot voting in the 193-member UN General Assembly on that race, Pakistan secured 169 votes.
United States President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday.
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.
A day ahead of the G20 Summit, it was not very clear whether a consensus on the text to describe the Ukraine crisis in the joint leaders' declaration was achieved with China appearing to emerge as the main stumbling block to bridge the differences on the contentious issue.
Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.
The year will coincide with the 75th year of its Independence.
At a brief ceremony, Indonesian President Joko Widodo handed over the G20 presidency to Prime Minister Modi at the conclusion of the two-day G20 Summit in Bali.
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.
The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.
Russian Foreign Minister Sergey Lavrov, who was representing President Vladimir Putin, left Bali on Wednesday, a day ahead of the scheduled conclusion of the G20 Summit held amid the economic challenges triggered by the Russia-Ukraine war.
The attack by the Opposition party came a day after Prime Minister Narendra Modi unveiled the logo, theme and website for India's upcoming presidency of the grouping.
Prime Minister Narendra Modi arrived in Bali on Monday for the G20 Summit and bilateral meetings on its sidelines with key leaders attending this annual conference of the world's major economies.
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.
The African Union on Saturday joined the G20 after all member countries accepted Prime Minister Narendra Modi's proposal to bring the key bloc of the Global South to the high table of the world's top economies, a major diplomatic achievement of India's presidency.
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