Modi's emphasises on transit for trade comes amid Pakistan's reluctance to provide such a facility for two-way trade between India and Pakistan.
Johnson sidelined for Aus tour of UK
China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.
The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.
"On one hand, broadening and deepening our economic and commercial ties across a range of sectors is critical at this moment, for example in civilian nuclear cooperation. Strengthening our security partnership is also vital," Madeleine Albright said ahead of the fourth India-US Strategic Dialogue in New Delhi next week.
External Affairs Minister S Jaishankar is set to hold separate bilateral talks with his Chinese counterpart Qin Gang and Russia's Sergey Lavrov at a beach resort in Goa on Thursday on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) amid rapidly evolving regional security situation.
Elinor Ostrom and Oliver Williamson of the United States have won the 2009 Nobel Economics Prize for their work on the organisation of cooperation in economic governance.
Her comments come days after Pakistan's Prime Minister Shehbaz Sharif sought "serious" and "sincere" talks with his Indian counterpart for the resolution of the "burning" issues, including Kashmir.
Regretting that over 90 per cent of requirements of South Asian countries were still sourced from outside the region, India on Monday asked SAARC nations to build a strong framework of regional economic cooperation, which should be "workable" and "pr
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
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."
India, South Korea sign 7 agreements to boost cooperation.
Nepalese Prime Minister Pushpa Kamal Dahal 'Prachanda', Bhutanese Prime Minister Tshering Tobgay and Prime Minister of Mauritius Pravind Jugnauth are set to be invited to Modi's swearing-in ceremony.
Russia on Wednesday said there will be no impact of the Western sanctions against it on the supply of S-400 missile systems to India.
DFC is the US government's development finance institution. Adani Ports and Special Economic Zone Limited (APSEZ) in a statement said that the US fund will support the development of deepwater shipping container terminal in the Port of Colombo.
In retrospect, it appeared that the bitterness of the war was still strong and the Ukrainian success in occupying Russian territory just a few days ago had added to the complexity of the situation. The positive US response to the visit, however, remains a silver lining in the dark clouds, notes Ambassador T P Sreenivasan.
India and Japan are set to intensify defence cooperation with the two sides likely to launch a security consultative framework involving their foreign and defence ministers.
Meanwhile, JMM supporters were seen protesting at the nearby Morabadi Ground and in some other places in protest against the ED action against Soren.
Chinese President Xi Jinping pledged on Thursday to give Indian companies and products - especially including those made by the pharmaceutical, farming and fuel industries - greater access to Chinese markets.
'This is still a relatively immature defense and high-tech relationship.'
India is expected to be the top recipient of remittances in 2023 as inflows increase 12.4 per cent to $125 billion, said a World Bank report on Tuesday. Mexico will come next by receiving $67 billion and China will follow it at $50 billion. The key drivers for remittance growth in 2023 are a tight labour market in the United States, high employment growth in Europe reflecting extensive leveraging of worker retention programs, and a dampening of inflation in high-income countries. India's growth in remittances is expected to halve to 12.4 per cent in 2023 from a historic peak of 24.4 per cent in 2022.
The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..
The EOW stated in its closure report that it did not see any criminality or wrongdoing in the matter, adding that the bank in question did not suffer any losses in the process of sanctioning loans or selling the Jarandeshwar Sugar Mill.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
Britain on Sunday sought greater cooperation with India to deal with issues of security and counter-terrorism.
Luxembourg on Monday said it would increase capital flows into India via its investments funds by setting up a legal framework and was working towards increased bilateral trade and other areas for economic cooperation.\n\n\n\n
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
He suggested evolving specific plans for cooperation with the 10-memeber grouping in key areas of maritime security, counter-piracy and humanitarian and disaster relief.
Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.
Ahead of Russian Prime Minister Mikhail Fradkov's visit to India, which will focus on enhancing economic cooperation between the two countries, Moscow on Monday said bilateral trade can increase up $8-10 billion in the next five years.
The other dominant fear among the people is the irrational behaviour of people, once the lockdown is lifted.
The Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India.
While the two leaders have met earlier when Biden was the Vice President of the country, this is for the first time that Biden will be meeting Modi after he became the 46th president of the US in January.
Pakistan Prime Minister Nawaz Sharif will visit China next week on his first foreign tour since assuming office, the foreign ministry said on Friday.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
