Modi's visit to the US will commence in New York, where he will lead the celebrations of the International Day of Yoga at the headquarters of the United Nations on June 21.
India is one of the top three markets for telecom company Motorola in the Asia Pacific region, a senior official said in New Delhi.
In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.
President Biden has been forced to turn his attention to domestic politics, as he works to hash out a deal with Republicans to prevent the US from defaulting on its debts at the end of this month.
New York City Mayor Eric Adams said he was proud that the State Assembly and the State Senate have passed the bill making Diwali a New York City Public School holiday.
Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.
Sitharaman said the notion that across the board in India, violence against Muslims is happening is a fallacy.
IT, telecom market in Asia-Pacific region to grow 11% in 2003: IDC
Upon his return, the PM is slated to get a gala welcome from the Bharatiya Janata Party.
It is the first mega exercise involving the two aircraft carriers after induction of the indigenously-built INS Vikrant in September.
Wipro Ltd on Wednesday reported a 9.6 per cent drop in its net profit in the second quarter, on lower earnings from clients in non-US markets. The company reported a net profit of Rs 2,649.1 crore in July-September quarter, compared to Rs 2,930.6 crore in the same period a year back, the company said in a statement. Revenues rose to Rs 22,539.7 crore in the quarter under review, from Rs 19,667.4 crore a year-ago.
India as the G20 host has a 'unique role' to play in bringing about an end to the war in Ukraine due to its 'longstanding historical' ties to Russia, the United States has said, expressing hope to work closely with New Delhi to find a way to stop the conflict.
During the virtual meet, Biden and Modi will discuss cooperation on a range of issues, including ending the COVID-19 pandemic, countering the climate crisis, strengthening the global economy, and upholding a free, open, rules-based international order to bolster security, democracy, and prosperity in the Indo-Pacific, White House Press Secretary Jen Psaki said.
"This trip will advance the Biden-Harris administration's rock-solid commitment to a free and open Indo-Pacific," White House Press Secretary Jen Psaki said in Washington, DC on Wednesday.
Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.
The resolution condemns additional Chinese provocations, including China's use of military force to change the status quo along the Line of Actual Control, construction of villages in contested areas, publication of maps with Mandarin-language names for cities and features in the Indian state of Arunachal Pradesh, and expansion of Beijing's territorial claims in Bhutan.
The WHO on Tuesday issued a product alert over contaminated syrup by an Indian manufacturer, warning that it is unsafe for use, especially in children, and may result in serious injury or death.
'Having India as a credible deterrent vis-a-vis Chinese ambitions in the Indian Ocean and South Asian region is a desirable short-term outcome.'
Expressing concern over the Russia-Ukraine conflict, India and Australia have underlined the need for an immediate cessation of hostilities and stressed that the contemporary global order has been built on UN Charter, international law and respect for States' sovereignty and territorial integrity.
He said that "the state of the border will determine the state of the relationship, that's natural".
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.
Within three trading sessions in May, foreign portfolio investors (FPIs) have pumped in Rs 9,461 crore into Indian equities. This follows net inflows worth Rs 7,936 crore in March, and Rs 11,631 crore in April. The trend, analysts said, could continue going ahead as the US Federal Reserve may soon halt its interest rate hike cycle, which will strengthen foreign fund inflows into emerging markets, including India.
The high-voltage Malabar exercise featuring the navies of all four Quad countries -- India, the US, Australia and Japan -- began on Thursday off the coast of Guam against the backdrop of a resolve by the four nations to solidify cooperation for a free and open Indo-Pacific in view of China's rouge behaviour in the region.
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
S&P Global Ratings on Thursday said about half of the Indian companies that it rates are getting a boost in their core profitability from rupee depreciation. "Much of our rated India corporate portfolio has sizable US-dollar linked revenue and, therefore, is not exposed to rupee depreciation. "This encompasses entities in the IT, metals, and chemicals sectors. About half of the firms we rate are getting an EBITDA boost from currency weakening," the US-based rating agency said in a report.
For the first time, the MiG-29K fighter aircraft undertook night landing on indigenously-built aircraft carrier INS Vikrant, a feat described by the Indian Navy as a 'historic milestone'.
The Indian markets have seen a good run in the last three months with the S&P BSE Sensex rising around 7 per cent and the Nifty50 moving up 7.5 per cent. The next leg of the market rally from here on, analysts suggest, will be driven by a growth in corporate earnings over the next few quarters. That said, they do not expect material / sharp downgrades to India Inc's earnings estimates despite headwinds for the economy.
The New Zealand police on Monday said they have received a "report" wherein it was alleged that two members of a delegation of the Gujarat Cooperative Milk Marketing Federation (GCMMF), the Amul brand owner, "inappropriately touched" a woman at a trade event in the island country a week ago.
One should use the mobile with needed discipline, advises Dr Karthiyayini Mahadevan.
On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.
India's import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed. India took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa. Russia now makes up for nearly 42 per cent of all crude oil India imported in May.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
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'.
Prime Minister Narendra Modi on Tuesday offered a floral tribute to former Japanese premier Shinzo Abe at his state funeral in Tokyo.
His visit to India followed a few cancelled plans since he took office in July 2019 due to the coronavirus pandemic crisis, with the two leaders holding several virtual talks and eventually meeting in person on the sidelines of the COP26 climate summit in Glasgow last November.
Prime Minister Narendra Modi held talks with US President Joe Biden at the White House on Thursday to discuss a wide range of issues of mutual and global interests, aimed at further boosting the Indo-US strategic relations in areas like defence, space, clean energy and critical technologies.
External Affairs Minister S Jaishankar has said India faces a 'very complicated challenge' from China, and the Narendra Modi government has taken steps to ensure no attempts are made to change the status quo in the border areas unilaterally.
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