US Treasury Secretary Timothy Geithner has left for New Delhi to launch the Indo-US Economic and Financial Partnership which according to him would set the pace and put and economic relationship between the two countries on a new trajectory.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
Indian External Affairs Minister S Jaishankar and his Canadian counterpart Anita Anand held their first phone conversation, focusing on strengthening bilateral economic ties and advancing shared priorities. The call comes amid efforts to repair relations between the two countries, which had been strained under the previous Canadian government. Both ministers expressed their commitment to improving ties and working together on areas of mutual interest. The conversation follows a period of tensions stemming from allegations of Indian involvement in the killing of a Sikh activist on Canadian soil.
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
China has expressed surprise over India's clarification regarding its stance on Taiwan, following reported comments by External Affairs Minister S Jaishankar. Beijing claims India's position is inconsistent with facts and undermines China's sovereignty.
India has expressed concerns over the potential humanitarian consequences of the Trump administration's new restrictions on the H1B visa program, particularly the disruption to families. The government hopes the US authorities will address these issues.
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
Long before he became Venezuela's president, Nicolas Maduro's life intersected with India in a profound personal way.
Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).
India has no intention to escalate tensions with Pakistan, but any military attacks on its soil will be met with a "very" firm response, External Affairs Minister S Jaishankar said on Thursday. Jaishankar made the remarks at a meeting with Iranian Foreign Minister Abbas Araghchi, emphasizing that the "barbaric" Pahalgam terror attack compelled India to carry out strikes on "cross-border" terror infrastructure on Wednesday. He reiterated that India's response was targeted and measured, but stressed that any further military attacks would be met with a firm response. The Iranian foreign minister, who landed in New Delhi amidst escalating tensions between India and Pakistan, called for de-escalation of the situation and stressed the need for regional cooperation to eradicate terrorism. The meeting also focused on boosting ties in areas of trade and investment, including the Chabahar port project.
The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.
Headed for New Delhi next week, new US Ambassador to India Nancy J Powell has said realizing the true potential of economic relationship between India and the US would be her top priority.
Prime Minister Narendra Modi will host Russian President Vladimir Putin for a private dinner and summit, focusing on defence, trade, and geopolitical issues, including the Ukraine conflict and the impact of US sanctions.
United States representative Sydney Kamlager-Dove while talking about the famous car selfie of Prime Minister Narendra Modi with Russian President Vladimir Putin said that it spoke a thousand words.
For Canada, important steps towards containing domestic elements that fuel pro-Khalistan sentiments can go a long way in signalling trust positively with regard to security and sovereignty, point out Harsh V Pant and Vivek Mishra.
Decisions taken during the meeting of Prime Minister Narendra Modi and US President Barack Obama will take the bilateral strategic ties to an "altogether new high", India Inc said.
India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.
The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including a 25 per cent additional duties for India's purchase of Russian crude oil.
Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.
The US-India trade had doubled every five years and was approaching the $100 billion mark, since 2001, but it is still a low number.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.
Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday.
India has upgraded its technical mission in Kabul to an embassy, with External Affairs Minister S Jaishankar acknowledging the Taliban's consideration of India's security concerns. The announcement was made during talks with Afghan Foreign Minister Amir Khan Muttaqi, marking a significant step in advancing ties between the two nations.
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy.
Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.
'The President's expectations shifted. The goal post moved and India didn't realize that the goal post had moved.'
An interview with former foreign secretary and India's ex-ambassador to Russia Kanwal Sibal
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
The steep 50 per cent tariffs imposed by the United States on Indian goods are largely a result of President Donald Trump's 'personal pique' at not being allowed to mediate in the India-Pakistan conflict, according to a recent report by American multinational investment bank and financial services company Jefferies.
Gor underlined that President Trump has a "deep friendship" with Prime Minister Narendra Modi, and that is something that is unique.
India emerged from the war militarily bruised and strategically altered. The United States, under the guise of friendship, had succeeded in achieving what open alignment never could: The psychological and political repositioning of India within the Cold War order, points out Dr Kumar.
Indo-Canadian relations are set to take off with the government of Prime Minister Stephen Harper laying out a detailed roadmap for bilateral cooperation. Business leaders in Toronto are pitching for strong expansion of trade ties.
The Advisory Committee on International Economic Policy meets four times a year. It is possibly for the first time that the committee held a discussion on India-US economic relationship.
China Eastern Airlines has resumed its Shanghai-Delhi service after a five-year gap, marking the first mainland Chinese carrier to restore direct flights to India this year. The resumption follows the resolution of border tensions and aims to boost trade, economic, and cultural exchanges between the two countries.
