Billionaire Mukesh Ambani's Reliance Industries has invested euro 25 million in German solar wafer maker NexWafe GmbH to use the firm's technology to set up giga-scale wafer manufacturing facilities in India. "NexWafe GmbH (NexWafe) today announced the induction of Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (Reliance) as a strategic lead investor in its euro 39 million ($45 million) Series C financing round with an investment of euro 25 million ($29 million) in phase one," the Indian firm said in a late Tuesday evening statement. The investment by Reliance will accelerate product and technology development for NexWafe, including the completion of the commercial development of NexWafe's solar photovoltaic products on prototype lines in Freiburg.
For the first time since the standoff between Indian and Chinese troops along the Line of Actual Control (LAC) in eastern Ladakh, Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to come face-to-face virtually at the BRICS (Brazil-Russia-India-China-South Africa) annual summit to be held on November 17.
Modi hailed the close defence cooperation between the two countries and welcomed the completion of the logistics agreement between the two navies.
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
The PM will have an audience with the Emperor of Japan and hold the annual summit meeting with his Japanese counterpart Shinzo Abe that could see a civil nuclear cooperation pact being inked.
The prime minister also pitched for respecting freedom of navigation against the backdrop of South China sea dispute.
The United States will continue to support India with equipment and other things it needs along the Line of Actual Control (LAC) with China, a top American admiral has told lawmakers, asserting that Washington and New Delhi share a 'tremendous partnership'.
India and the United Kingdom on Thursday announced deals worth 9 billion Pound (Rs 90,550 crore) as they signed a civilian nuclear pact and decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond in London.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
A genuine attempt was made to reset relations in a positive way, signalling a stepping back from the brink of conflict, much to the relief of the world, observes Ambassador T P Sreenivasan.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
Johnson was to spend a few days in India starting April 26 as part of a planned itinerary, which is expected to include finalising a UK-India Enhanced Trade Partnership.
The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms.
'We have communicated that SAPM (Special Assistant to Pakistani Prime Minister) on Health (Zafar Mirza) will be available to participate in the video conference of SAARC member countries on the issue,' Pakistan Foreign Office Spokesperson Aisha Farooqui said in a tweet on Friday.
The 15-nation body includes China as a permanent veto-wielding member.
Singh also said that Indian troops are standing firm braving extreme weather and hostile forces to defend the country's territorial integrity.
The UK said the deployment of the carrier strike group marks the start of "a new era of defence cooperation with allies in India and the Indo-Pacific."
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
Prime Minister Narendra Modi will participate in the first in-person summit of the Quad leaders in Washington on September 24 that is expected to broadly focus on contemporary global challenges including ways to ensure a free, open and inclusive Indo-Pacific.
Chatterjee, whose early career was in the Indian Army, was decorated for gallantry by the President of India in 1995.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
India and China on Tuesday agreed to "jointly deal with security threats" and take measures to strengthen cooperation in combating terrorism during their first dialogue on counter-terrorism and security in Beijing, amid Indo-Pak tensions following the Uri terror attack.
'US-Indian relations will become an important part of Trump's diplomacy,' says Global Times.
The home minister will also discuss cross border terrorism in Jammu and Kashmir and growing activities of ISIS in the country and its neighbourhood.
Will Empire strike back to prevent a game changing election result, asks T P Sreenivasan.
The French president said that peace should be maintained in the region and peoples' rights should be protected.
