India, Germany sign agreement on setting up quality infrastructure
Business Standard brings you the top headlines at this hour
Catch all the latest updates from across the world. Stay tuned
Prime Minister Narendra Modi and German Chancellor Olaf Scholz interacted with top executives from Indian and German companies on Saturday to discuss ways to deepen economic ties. The focus areas for mutual cooperation include digital transformation, financial technology, IT and telecom. "Chancellor @OlafScholz and I met top CEOs to discuss ways to strengthen economic relations between our nations. Sectors like digital transformation, FinTech, IT and Telecom featured prominently in the meeting," Prime Minister Modi tweeted. Scholz arrived in Delhi on Saturday on a two-day visit to India, his first to the country after he became the German chancellor in December 2021, following Angela Merkel's historic 16-year tenure at the top post. Modi and the German Chancellor held wide-ranging talks with a focus on boosting the bilateral ties in the areas of clean energy, trade and new technologies.
Prime Minister Narendra Modi and German Chancellor Olaf Scholz held wide-ranging talks on Saturday with a focus on boosting the bilateral ties in the areas of clean energy, trade and new technologies. The talks took place hours after Scholz arrived in Delhi on a two-day visit to India, his first to the country after he became the German chancellor in December 2021, following Angela Merkel's historic 16-year tenure at the top post. Earlier, Modi received Scholz at the Rashtrapati Bhavan, where the German leader was accorded a ceremonial welcome. In a tweet, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi said Scholz's visit is an opportunity to further deepen the multifaceted India-Germany strategic partnership. "PM @narendramodi welcomes @Bundeskanzler Olaf Scholz at Hyderabad House for bilateral talks. Focus of the talks will be on strengthening bilateral cooperation, building on the Green and Sustainable Development Partnership and economic partnership, and forging
Scholz also plans to discuss Russia's war on Ukraine with Prime Minister Narendra Modi at a time when Europe and its allies are struggling to maintain economic pressure on the Kremlin
The Indian Navy also has two indigenous nuclear-powered submarines.
India is a great example of how to bring about financial inclusion and it needs to share this experience with the world at large, a German diplomat, who was a part of the delegation at a recent G20 meeting in Kolkata, said. He also said that India has taken over the G20 presidency from Indonesia at a crucial time for world development. "India is a great example of how financial inclusion can work. Over the last 10-odd years, you have made tremendous progress, and are much further advanced when it comes to electronic payment methods than, say, Germany for example," Manfred Auster, the Consul General of Germany in Kolkata, told PTI. Auster was a part of the delegation at the first Global Partnership for Financial Inclusion meeting of the G20, which was held from January 9-11. "In India, you pay everything with Unified Payments Interface (UPI), every small vendor will accept it. But in Germany, we still use quite a lot of cash Financial inclusion is important as common people, especia
SUSE, a leading open source German software company, has said it is expanding its operations in India to support the company's growth in key markets. The company has already set up a centre of excellence in Bengaluru at a time India and Germany are looking at boosting cooperation in the high-technology sector. Founded 30 years ago in Germany, SUSE was the first company to bring enterprise Linux to the market. "India has seen a massive transformation in technology over the last few years, and we see this expansion as a pivotal opportunity for us to contribute to the economic growth and innovation," said Imran Khan, SUSE Chief Customer Officer. "This expansion demonstrates our continued global growth as a company and presents a wonderful opportunity to expand our already strong customer base in India by bringing even more innovation to market," he said. The official said SUSE is driving innovation with its three interconnected product families: Business-critical Linux, Enterprise .
German Chancellor Olaf Scholz is expected to undertake a high-profile visit to India next month with an aim to significantly expand overall cooperation in areas of trade, defence, clean energy and climate change, people familiar with the matter said on Thursday. It will be Scholz's first visit to India after he became German Chancellor in December 2021 following Angela Merkel's historic 16-year tenure at the top post. The people cited above told PTI that both sides are looking at the fourth week of February for the visit but the dates are yet to be locked. In December, German Foreign Minister Annalena Baerbock paid a two-day visit to India ostensibly to prepare for Scholz's long-awaited trip. Prime Minister Narendra Modi and Chancellor Scholz held bilateral talks in the Indonesian resort city of Bali on November 16 on the sidelines of the G-20 summit. The first meeting between the two leaders took place during Modi's visit to Berlin on May 2 for the 6th India-Germany ...
India and Germany on Monday inked a mobility partnership pact and held comprehensive discussions on key global challenges including the Ukraine conflict, the situation in Afghanistan and cross-border terrorism emanating from Pakistan. At a media briefing after talks with his German counterpart Annalena Baerbock, External Affairs Minister S Jaishankar said the mobility pact will make it easier for people to study, do research and work in each other's country and is a strong signal for a more contemporary bilateral partnership. Jaishankar also strongly defended India's import of crude oil from Russia and noted that it is largely driven by market forces. From February to November, European Union has imported more fossil fuel from Russia than the next 10 countries combined, he said in a sharp retort to a question on why India has been procuring crude oil from Russia. The German foreign minister arrived here this morning on a two-day visit to discuss ways to further expand bilateral ...
India will have a decisive influence in shaping the international order in the 21st century, especially in the Indo-Pacific, German Foreign Minister Annalena Baerbock said as she kicked off her two-day visit to the national capital. Baerbock also described as "impressive" India managing to lift more than 400 million people out of absolute poverty in the last 15 years, and said, "It shows that social plurality, freedom, and democracy are a motor for economic development, peace, and stability." "Working on this together with strengthening human rights is also our task," Baerbock said in a statement on her visit to India. That we want to strengthen economic and security policy cooperation with India beyond strategic partnership are not empty words, she said. The German foreign minister arrived here Monday morning and is scheduled to hold wide-ranging talks with her Indian counterpart S Jaishankar. Baerbock said both sides will also sign a mobility agreement "that will make it easier
Germany's Foreign Minister visit is planned against the background of the global consequences of the Russian war of aggression in Ukraine
German Chancellor Olaf Scholz is likely to visit India twice next year as the two countries look to strengthen bilateral relations with an emphasis on green and sustainable development. "The Chancellor is planning a bilateral visit to India next year.... I am very confident he will come for a bilateral visit before the G-20 Summit, German Ambassador to India Philipp Ackermann told reporters here. Ackermann said Germany and India have finalised 22 projects covering transition to renewable energy, climate resilient urban development and sustainable use of natural resources totalling one billion euros for the next year under the green and sustainable development partnership (GSDP). The German Chancellor, during Prime Minister Narendra Modi's visit to Germany in May, had announced support of at least 10 billion euros by 2030 under GSDP. A large part of the support will be in the form of credit lines from KfW Development Bank with interest rates ranging from 2.7 per cent to 3.2 per cent
The embassy made it clear that the relaxations do not apply to applications for national visa (D-visa category) such as student, employment or family reunion visas
Gurdeep Singh Randhawa, an Indian origin German national, has been appointed to the Thuringia state Christian Democratic Union (CDU) party presidium
Prime Minister Narendra Modi on Wednesday held "fruitful" talks with German Chancellor Olaf Scholz on the sidelines of the G-20 summit here and the two leaders examined ways to expand bilateral economic engagement and defence collaboration. This is the third time that Modi and Scholz have met this year. In a tweet, Modi said he was "delighted" to meet the German Chancellor. "Delighted to meet Chancellor Scholz. This is our third meeting this year and we built on the strong ground covered during the Inter Governmental Consultations held earlier. We discussed ways to boost economic ties, defence collaboration and other important issues," he tweeted. The Prime Minister's Office described the talks as "fruitful". "A fruitful meeting between PM @narendramodi and Chancellor Scholz was held on the sidelines of the G-20 Summit in Bali. The talks covered different subjects aimed at furthering India-Germany friendship, particularly in key areas such as trade, finance and security," PMO Indi
Diplomats have been called in to try to resolve a disagreement over a cut in supplies of liquefied natural gas to India by a German-state-backed company
External Affairs Minister S Jaishankar on Saturday spoke with his German counterpart Annalena Baerbock and discussed several issues including bilateral relationship, and the Ukraine conflict.
Punjab Chief Minister Bhagwant Mann will visit Germany from September 11-18 to attract investments and strategic tie-ups. This will be Mann's first foreign visit after he took oath as the chief minister in March. "In order to give a major push to the industrial growth of the state, Punjab Chief Minister Bhagwant Mann will be undertaking a tour of Germany from September 11-18," an official statement said here on Friday evening. During the tour, the chief minister will be meeting business delegations and prominent companies to rope in investments and strategic tie-ups in key sectors like renewable energy, car manufacturing, pharmaceuticals and advanced agriculture practices, among others, it said. Mann will hold a meeting with companies like BMW, BayWa and others during his stay in Munich, Frankfort and Berlin. "This crucial visit of the Chief Minister is likely to immensely benefit the state in getting huge investments, technical know-how and expertise from German companies," said