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.
Finance Minister Nirmala Sitharaman on Wednesday said India is "very close" to arriving at the specifics of the two-pillar taxation proposition at the G20 and is in the last stage of finalising the details. A total of 130 countries had in July agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15 per cent rate. The finance ministry had then said that some significant issues including share of profit allocation and scope of subject to tax rules are yet to be addressed and a 'consensus agreement' is expected by October after working out the technical details of the proposal.
Russian Foreign Minister Sergey Lavrov and Defence Minister Sergey Shoigu will visit India to hold the inaugural '2+2' ministerial dialogue between the two countries on December 6, the Russian embassy has said.
Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.
On June 1 2017, the credit protocol to the Intergovernmental Agreement of December 5 2008 and the GFA for Kudankulam NPP Units 5, 6 were signed.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
India has agreed to allow import of pork and pork products from the US as a part of a bilateral trade deal which will facilitate export of Indian mangoes and pomegranate to the US. The development comes months after the two governments renewed the India US Trade Policy Forum (TPF), after which both nations agreed to iron out thorny issues that included market access issues pertaining to the agriculture sector.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Chastened by the Kargil conflict, Pervez Musharraf will be remembered for gradually lowering the profile of terrorism and seeking a realistically negotiated settlement to the issue of Jammu and Kashmir, notes Ambassador G Parthasarathy, who served as India's high commissioner to Pakistan when Musharraf seized power in a coup in October 1999.
Jaishankar, speaking at a virtual event hosted by the Asia Society, said that India has built the relationship with China over the course of last 30 years "and a basis for building that relationship has been peace and tranquillity along the Line of Actual Control".
The two sides agreed that the next round of military dialogue should be held at an early date.
The government will undertake a detailed evaluation of applications it has received in response to the mega semiconductor scheme and expects to complete the entire process and sign agreements with companies in next 8-10 months, according to Union Minister for Electronics and IT Ashwini Vaishnaw. Vaishnaw said he is happy with the response that came in within a short period of time, when the ministry invited applications under the Rs 76,000 crore semiconductor programme. The government is confident of seeing one of the big global players in semiconductor industry coming in the next round, Vaishnaw told PTI in an interview. He asserted that many other players too are "seriously evaluating" India's semiconductor programme, and that the ministry is in discussions with several companies.
Two days after the India-China military talks, the joint statement, issued in New Delhi by the Indian Army said both sides had a 'candid and in-depth exchange' relating to disengagement along the Line of Actual Control (LAC) in the Western Sector of India-China border areas.
The central government has already rejected the NSCN-IM's demand for unification of Naga inhabited areas -- located in Manipur, Arunachal Pradesh and Assam.
Even as world leaders continue to debate, climate change activists took to the streets of Glasgow for the Global Day of Action for Climate Justice march.
Prime Minister Narendra Modi is expected to pitch for a united global approach in dealing with the situation in Afghanistan and combating challenges of climate change and the coronavirus pandemic at the two-day G-20 Summit in Italy beginning October 30, people familiar with the development said on Sunday.
Russia President Vladimir Putin on Monday described India as a great power, a friendly nation and a time-tested friend and echoed common concerns over terrorism, drug trafficking and organised crime as he held wide-ranging talks with Prime Minister Narendra Modi.
United States President Barack Obama has hailed the "historic understanding" reached between world powers and Iran over the framework of a deal on its contentious nuclear programme, even as Israel warned that it would threaten the Jewish state's survival.
Reliance Brands Ltd (RBL) will pick a 40 per cent minority stake in renowned fashion designer Manish Malhotra's MM Styles Pvt Ltd, for an undisclosed sum, the two companies said on Friday. This is the first external investment for the brand, which had so far been privately held by the designer. The strategic partnership is aimed at accelerating the 16-year-old couture house's growth plans in India and across the globe, they said in a joint statement.
The armies are working to schedule their seventh round of talks to take steps towards "early and complete" disengagement of troops along the LAC in eastern Ladakh.
In the show-cause notice, Trai said it is of the view that the claim of VIL for providing priority 4G network with faster data speeds is not in compliance with the extant regulatory framework.
The two-plus-two dialogue will be held on Tuesday. A host of crucial bilateral, regional and global issues including China's efforts to expand influence in the Indo-Pacific region as well as its aggressive behaviour in eastern Ladakh is likely to figure in the talks.
The talks were convened in Delhi in a bid to hammer out differences, particularly on the NSCN-IM's demand for a separate flag and Constitution for the Nagas, officials said.
China's national legislature -- the National People's Congress (NPC) -- on October 23 adopted the new law on the protection and exploitation of the land border areas which drew sharp reaction from India as it was passed amid the protracted military standoff between the two sides in eastern Ladakh region.
India on Thursday once again called for completion of the disengagement process at the remaining friction points in eastern Ladakh to pave the way for both the Indian and Chinese troops to consider de-escalation and ensure full restoration of peace and tranquillity in border areas.
President Trump originally announced his intention to withdraw from the agreement in 2017 and formally notified the United Nations last year. The US exited the pact after a mandatory year-long waiting period that ended on Wednesday.
National Security Advisor Ajit Doval has pitched for an 'action plan' against Pakistan-based terror groups Lashkar-e-Tayiba and Jaish-e-Mohammed under the framework of eight-nation grouping Shanghai Cooperation Organisation (SCO) and called for expeditiously bringing the perpetrators of terror attacks to justice.
The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.
India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of Information.
The elephant in the room will permeate the conversations, predicts Rup Narayan Das.
India and China on Friday held 'in-depth' discussions on addressing the remaining issues along the Line of Actual Control (LAC) in eastern Ladakh, holding that disengagement in the North and South banks of Pangong lake provided a good basis to work towards their early resolution.
The in-person talks are taking place at a time when India is locked in a tense standoff with China in eastern Ladakh and the Trump administration's growing friction with Beijing over a host of issues including trade tariff and the Chinese military's offensive manoeuvres in the South China Sea.
He said that those who have surrendered and returned to the mainstream are being rehabilitated by both the central and Assam governments and they will participate in the development journey of the state.
The new framework of the ministerial dialogue was initiated in order to provide a forward-looking vision for the strategic partnership between the two countries.
The top military brass reviewed the situation in eastern Ladakh and deliberated on key issues to be flagged at the talks on Monday, the sources said. Army Chief General M M Naravane and several top military officials were present in the meeting.
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).
India on Thursday blamed China's actions of amassing a large number of troops close to the border and attempts to unilaterally alter the status quo along the Line of Actual Control (LAC) last year for the continuing military standoff in eastern Ladakh, and asserted that these acts were in violation of Sino-India bilateral agreements.
The procurement is expected to signal a major upswing in India's strategic ties with the Philippines which has been focusing on ramping up its naval prowess in the face of its lingering friction with China in the South China Sea.
New norms are in place to strengthen regulations for this set of lenders which has been playing a critical role in Asia's third largest economy, notes Tamal Bandyopadhyay.
