The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.
'There is no need for panic as there is widespread protective immune memory in the population from vaccination as well as prior infections.'
A senior Chinese Communist Party official stated that the meeting between Prime Minister Narendra Modi and President Xi Jinping was fruitful, leading to a new consensus on developing bilateral relations. Both countries aim to enhance cooperation and manage differences.
Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.
India has strongly criticised China's practice of assigning 'fictitious names' to areas within Indian territory, stating that such actions are futile attempts to alter reality and negatively impact efforts to normalise bilateral relations.
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
US Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are reportedly heading to Switzerland for a new round of US-Iran negotiations, following a recently announced memorandum of understanding to end hostilities in West Asia and a ceasefire between Israel and Hezbollah.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
US President Donald Trump lauded Prime Minister Narendra Modi as a "very tough negotiator" and hinted at a future visit to India during their meeting on the sidelines of the G7 Summit, where they discussed trade, defence, and the West Asia crisis.
Earlier, Israeli Prime Minister Benjamin Netanyahu also declared that Iran would never be allowed to acquire nuclear weapons, regardless of any agreement.
India and the US are reportedly exploring a potential meeting between Prime Minister Narendra Modi and US President Donald Trump on the sidelines of the G7 summit in France next week, aiming to rebuild bilateral ties after recent tensions.
Russian Foreign Minister Sergei Lavrov will visit Beijing to discuss the West Asia conflict, the Strait of Hormuz blockade, and bilateral relations with Chinese leaders.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
Trump lauded the defence relations between India and US and affirmed support precisely for the PM Modi-led nation during conflict situations.
India and China held constructive talks on the situation along the Line of Actual Control (LAC) in eastern Ladakh, emphasising that maintaining border peace and tranquillity enabled progress in normalising overall relations.
Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.
US Special Representative Sergio Gor met with Sri Lankan President Anura Kumara Dissanayake to discuss strengthening bilateral relations and Sri Lanka's stance on the Middle East crisis. The visit occurs amidst regional tensions and US efforts to secure trade routes in the Indo-Pacific.
PDP president Mehbooba Mufti has received an official invitation to attend the state funeral of Iran's slain supreme leader Ayatollah Ali Khamenei in Tehran. She will travel to Iran as a distinguished guest of India to pay her final respects, highlighting the historical and strategic ties between the two nations.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
Former PepsiCo CEO Indra Nooyi asserts that India and the United States are natural partners, crucial in the geopolitical competition with China. She highlights India's pivotal role as the world's largest democracy with a young, English-speaking population, despite its "chaotic" nature. Nooyi also discusses the need for leaders to understand each other's perspectives to maintain strong bilateral ties.
Dhaka and Beijing on Thursday agreed to strengthen cooperation on the management of the Teesta and other rivers and signed 13 agreements to bolster bilateral ties following talks between Bangladeshi Prime Minister Tarique Rahman and Chinese Premier Li Qiang.
Prime Minister Narendra Modi has called for the resolution of the West Asia crisis and the Ukraine conflict through dialogue and diplomacy, asserting that military action alone cannot achieve lasting peace. He made the remarks after talks with Norwegian Prime Minister Jonas Gahr Store.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
Former captain Shakib Al Hasan has criticised Bangladesh's absence from the T20 World Cup in India, calling it a 'blunder'. He also expressed hope that bilateral cricket ties could improve with future series.
Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.
Taking to Truth Social on Monday evening, Trump reposted Gor's original Sunday night dispatch alongside a video snippet from the grand celebrations marking the 250th anniversary of America's independence, hosted at the iconic Bharat Mandapam in the national capital.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.
Myanmar President U Min Aung Hlaing assured Prime Minister Narendra Modi that Myanmarese territory would not be allowed to be used against India's security interests, as the two leaders held wide-ranging talks to boost bilateral ties in trade, defence, and energy.
Pakistan has decided not to send its team to the Asian Senior Fencing Championships in New Delhi, despite an invitation from local organisers. India is hosting the event for the first time, which will also include the General Assembly of the Fencing Confederation of Asia. Several other nations, including Hong Kong and Australia, are also facing visa-related challenges for their delegations.
India has firmly rejected Nepal's objection to the upcoming Kailash Mansarovar Yatra via the Lipulekh Pass in Uttarakhand, dismissing Kathmandu's territorial claims over the region.
Italian Prime Minister Giorgia Meloni's new book, 'Giorgia's Vision', reveals anecdotes from her 2023 India visit, including the widespread 'Welcome' posters and a joke about her popularity in New Delhi. She also shares insights into her diplomatic approach, emphasising personal connections over rigid formalities, and recounts interactions with various world leaders.
India is navigating a complex diplomatic landscape, attempting to balance its 'forever honeymoon' with the Israel-UAE-Bahrain axis against its historical ties with Iran, as evidenced by recent high-level visits and evolving geopolitical realignments in the Middle East, observes Ambassador M K Bhadrakumar.
US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.
President Donald Trump is a big fan of India and Prime Minister Narendra Modi, US Secretary of State Marco Rubio said on Monday, seeking to dismiss allegations of rising anti-India rhetoric in the US.
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).
India and Pakistan should move from confrontation to cooperation, Pakistan's High Commissioner Abdul Basit on Tuesday said while adding that Prime Minister Nawaz Sharif is keen to normalise bilateral relations.
Indian-American lawmakers are encouraging the diaspora to actively participate in US politics and run for public office at all levels. This call comes amidst increasing incidents of anti-India and anti-Hindu hate, with leaders emphasising that political representation is crucial to address community concerns and ensure their voices are heard.
Even as the bilateral relationship between the two neighbouring countries remains hostile, there is growing coordination between India and Pakistan on one multilateral forum - the World Trade Organization (WTO). Both countries have made two joint submissions at the WTO as co-sponsors in the past two months. In June, Pakistan joined India, Cuba, and 44 African countries, seeking sufficient flexibility in intellectual property rights for developing countries to fight the Covid-19 pandemic.
