Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese will hold extensive talks on Friday with a focus on boosting overall bilateral ties in areas of trade and investment, defence and critical minerals.
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 Ministry of External Affairs (MEA) has been allocated a total of Rs 18,050 crore in the Union Budget for 2023-24 which is an increase of around 4.64 per cent over last year's allocation of Rs 17,250 crore.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
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.
Jaishankar also met his Iranian counterpart H Amirabdollahian and held productive discussions on bilateral economic cooperation, Afghanistan and the joint comprehensive plan of action, also known as the Iran nuclear deal.
India was looking at tapping new markets for import of edible oils, following the conflict between Ukraine and Russia, Union Finance Minister Nirmala Sitharaman said on Tuesday. According to her, the country was facing various hurdles on import of edible oils due to the conflict. "Everyone knows there is a war going on between Russia and Ukraine. There are various hurdles in terms of importing oils.
The airlines' losses globally are expected to be down from $52 billion in 2021 to $9.7 billion this year and industry-wide profit should be on the horizon in 2023, Director General of IATA Willie Walsh said in Doha on Monday. International Air Transport Association (IATA) represents some 290 airlines comprising 83 per cent of global air traffic. Walsh, in his inaugural speech at the 78th annual general meeting of IATA here, said that while the outlook for airlines globally is positive, the business environment remains challenging.
Russia needs to be held accountable for the tragic loss of lives in Ukraine following its 'terrible' invasion of that country, Australian Prime Minister Scott Morrison said on Monday at a virtual summit with his Indian counterpart Narendra Modi.
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.
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.
'This is still a relatively immature defense and high-tech relationship.'
The interim free trade agreement between India and Australia will come into force on Thursday, providing duty-free access to thousands of domestic goods such as textiles, and leather in the Australian market. The agreement will help almost double the bilateral commerce to $45-50 billion in around five years, according to exporters and industry players. The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.
The discussions took place on the sidelines of the G20 Foreign Ministers' Meeting.
'The Asia-Pacific region cannot and should not relapse into the confrontation and division of the Cold War era,' he said at the Asia-Pacific Economic Cooperation CEO Summit via video, Xinhua reported.
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.
Although most of Kosovo is ethnically Albanian, many Serbs consider it their native homeland and a cradle of their culture. Some 13,000 people were killed in the 1998-1999 war, sparked by clashes between the forces of the rump Yugoslav state -- Serbia and Montenegro -- and Kosovo separatists. The conflict ended when NATO carried out an air campaign against Serbia.
Pakistan Prime Minister Imran Khan on Thursday began his engagements in Moscow by laying a wreath at the Tomb of the Unknown Soldier, and is scheduled to meet Vladimir Putin, hours after the Russian president ordered a special military operation in eastern Ukraine, ignoring last-minute appeals and warnings from the West.
Prime Minister Narendra Modi announced a $1 million ad-hoc grant for the operational budget for the BIMSTEC secretariat and another $3 million assistance to revive the grouping's centre for weather and climate.
In a statement ahead of his visit to the Indonesian city for the G20 leaders' summit, Modi said he will also highlight India's achievements and its 'unwavering commitment' to collectively address key global issues.
The India-Japan global partnership is based on shared democratic values and respect for the rule of law and promotes peace and stability in the Indo-Pacific, Prime Minister Narendra Modi said on Monday after holding wide-ranging talks with his Japanese counterpart Fumio Kishida.
Modi said Quad is moving ahead with a constructive agenda for the Indo-Pacific
A top Republican lawmaker has welcomed India signing a trade deal with Australia, and urged the Biden administration to enter into a similar arrangement with New Delhi that can advance Washington's strong economic agenda in the strategically vital Indo-Pacific region. "I'm pleased to see #Australia & #India sign a strong trade deal," Senate Foreign Relations Committee Ranking Member Jim Risch said in a tweet. "The US needs to do the same and advance a strong economic agenda in the #IndoPacific. "The Biden Admin's failure to lead hurts US growth and our partnership in the region," Risch said in another tweet.
The Union Cabinet on Wednesday approved the signing of a comprehensive economic cooperation agreement, a kind of a free trade pact, between India and Mauritius which is aimed at liberalising norms to boost two-way commerce
Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.
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.
India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.
Prime Minister Narendra Modi spoke with Russian President Vladimir Putin on Friday during which he reiterated India's long-standing position on the Ukraine situation, favouring dialogue and diplomacy.
Chief Economic Adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to 'a world of Caribbean pirates' in the absence of a centralised regulatory authority and are yet to pass the test of a fiat currency. He said that the government is pursuing a 'high-wire balancing act' to ensure that the gains in growth, inflation, and rupee stability of the last four years are not frittered away. He said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'.
Pelosi said that she is in Taiwan to listen and learn from Taiwanese people as to how can they come together.
When Jiang Zemin traveled, as you can see in the photographs here, a Kodak Moment was never far away.
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.
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.
'Landed in Tokyo. Will be taking part in various programmes during this visit including the Quad Summit, meeting fellow Quad leaders, interacting with Japanese business leaders and the vibrant Indian diaspora,' Modi tweeted in both Japanese and English.
MEA Spokesperson Arindam Bagchi said the forthcoming Quad summit will provide an opportunity for the Quad leaders to exchange views about developments in the Indo-Pacific and contemporary global issues of mutual interest.
The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.
The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.
The external affairs minister reiterated India's position on Afghanistan and highlighted its humanitarian support to the war-torn country, including the supply of wheat, medicines, vaccines and clothing.
Chinese and Russian warplanes on Tuesday conducted joint air patrols over the Sea of Japan, the East China Sea and the West Pacific Ocean as the leaders of Quad held their in-person summit in Tokyo, in an apparent attempt to send a message of unity between Beijing and Moscow.
India's time use survey for January-December 2019 had found that an average person in urban areas spends 485 (eight hours and five minutes) minutes on employment and related activities.