Page 13 - India

Rajesh Agrawal to lead London trade mission to India starting March 13

On a four-day mission from March 13-16, India-born Agrawal will visit New Delhi and Bengaluru and will be joined by 10 London tech companies including Electric Miles, Guider, OneID and Softools

Top headlines: India-Australia trade pact, SVB collapse, and more

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India, Australia to partner for mineral projects to develop supply chain

Ministers from the two countries have also agreed to deepen cooperation and extend their existing commitments to the India-Australia Critical Minerals Investment Partnership

Regional workshop on PM Gati Shakti National Master Plan to conclude today

The PM Gati Shakti National Master Plan (NMP) is a transformative approach that enables integrated planning and synchronized implementation for multi-modal and last mile connectivity across the country, Sumita Dawra, an official of the Union Commerce and Industry Ministry has said. Dawra, the Special Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry ministry, said states should et inspired by each others' activities. She was addressing the press on the sidelines of a two-day regional workshop for the South Zone on PM Gati Shakti NMP which began here on Friday. The workshop is aimed at demonstrating best practices in connection with the PM Gati Shakti Scheme. "The states should get inspired by each others' activities and learn from each other," she was quoted in a release issued by the ministry. Kerala, Tamil Nadu, Karnataka, Telangana and Andhra Pradesh and five Union Territories including Andaman and Nicobar Islands,

India logs 456 new Covid-19 infections, active case tally rises to 3,406

India recorded 456 new coronavirus infections, pushing the tally to 4.46 crore, while the active cases increased to 3,406, the Union Health Ministry said on Saturday. The death toll stands at 5,30,780 with one death reported in Gujarat, data updated by the ministry at 8 am stated. So far, the country has logged a total of 4.46 crore (4,46,89,968) Covid cases. The active cases now comprise 0.01 per cent of the total infections, while the national COVID-19 recovery rate was at 98.80 per cent, according to the Health Ministry website. The number of people who have recuperated from the disease surged to 4,41,55,782, while the case fatality rate was 1.19 per cent. According to the ministry, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide inoculation drive.

India, US sign MoU to build resilient supply chain in semiconductor sector

India and the US on Friday inked an initial pact on increasing private sector cooperation in the area of semiconductors under which the two countries would facilitate business opportunities and develop an ecosystem with a view to reduce their dependency on China and Taiwan. The Memorandum of Understanding (MoU) on establishing semiconductor supply chain and innovation partnership under the framework of IndiaUS Commercial Dialogue was signed by US Secretary of Commerce Gina Raimondo and Commerce and Industry Minister Piyush Goyal during the Commercial Dialogue here. According to a joint statement, both sides have agreed to set up a semiconductor sub-committee, led by the Department of Commerce for the US side and the Ministry of Electronics and Information Technology (MeitY) and Ministry of Commerce and Industry for the Indian side. The committee will convene its first engagement in mid-year to review recommendations from the joint industry-led task force launched in connection with

India moved from women development to women-led development in 9 years: PM

Pushing for unicorns in self-help groups for women, Prime Minister Narendra Modi on Friday said India has moved from women development to women-led development in the last nine years. Addressing the post-budget webinar on women empowerment, Modi highlighted that enrolment of women in the fields of engineering, science, technology and maths in the country today was 42 per cent. Can we make unicorns in self-help groups too, we have brought that vision in this year's budget, he said. Unicorn companies are those that reach a valuation of USD 1 billion without being listed on the stock market. The prime minister also said around 70 per cent beneficiaries of the Mudra loan are women. These women are not only increasing the earnings of their families but are also opening new economic avenues for the nation, he said. Modi also linked a sense of respect towards women to their equality.

India, US to examine CEO forum recommendations to boost economic ties

India and the US will examine the recommendations of the CEO forum for appropriate action to enhance economic ties between the two countries. Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo on Friday chaired the India-US CEO Forum meet. According to a joint statement issued after the India-US commercial dialogue on Friday, both governments would "examine the CEO recommendations for appropriate action to enhance the economic landscape and ties between India and the US". Raimondo was here on a four-day visit to attend the meeting and India-US commercial dialogue. She was accompanied by 10 CEOs of US companies. The last meeting of the forum was held virtually in November 2022. It is a platform for dialogue across key sectoral themes and to identify areas for closer collaboration for mutual benefit of both economies. The forum, comprising CEOs from leading Indian and US-based companies, is co-chaired by N Chandrasekaran, Chairman of Tata Sons and

Japanese PM to visit India on 20-21 March to discuss bilateral ties

Prime Minister of Japan Kishida Fumio will pay an official visit to India on March 20-21

New dialogues can unlock new era in India-US business ties: USIBC

Welcoming the announcements on the US-India Strategic Trade Dialogue and an agreement on semiconductors, US India Business Council on Friday said such initiatives have the potential to unlock a new era of business-to-business cooperation. During the visit of US Commerce Secretary Gina Raimondo to New Delhi, the two countries announced the start of the US-India Strategic Trade Dialogue and signed an MOU on semiconductors. The dialogue adds momentum to the work being done under the US-India Initiative on Critical and Emerging Technologies (iCET), said USIBC president Atul Keshap. These are moves welcomed by the industry, who have long encouraged both governments to reinvigorate talks around high-technologies and export controls to remove barriers to greater business partnerships in advanced sectors, he said. Addressing the issues around export controls and technology transfers is a critical step to unleashing the ambitions of the private sector. If these dialogues succeed, they can .

India-US goods & services trade doubled since 2014, surpasses $191 bn

Raimondo attended the meeting before leaving for the US on Friday. She had arrived in India on March 7 at the invitation of the Indian government

We see India as trusted technology partner: US Commerce Secy Gina Raimondo

America sees India as a trusted technology partner, and it wants to deepen this technological relationship between the two countries, US Secretary of Commerce Gina Raimondo said on Friday. The Indian government has taken several steps in the last couple of years, which makes India an even more attractive place to do business, she added. Steps like promoting the digital economy and zero tolerance for corruption make India a more attractive partner, Raimondo told reporters here. She was addressing a joint media briefing with Commerce and Industry Minister Piyush Goyal after concluding the fifth IndiaUSA Commercial Dialogue, which was held after a gap of three years. "We see India as a trusted technology partner, and we want to continue to deepen our technological relationship with India...We hope to work more closely with India and the private sector here around those technologies," she said. Besides semiconductor, she said areas, where both countries can increase cooperation, inclu

India, Australia sign audio-visual co-production pact for filmmakers

India and Australia on Friday signed an audio-visual co-production agreement that seeks to offer filmmakers financial incentives amounting to up to 30 per cent of the expenditure incurred in the respective countries. The agreement was signed by Information and Broadcasting Secretary Apurva Chandra and Australian High Commissioner Barry O'Farrell during the ongoing visit of Australian Prime Minister Anthony Albanese to India. Australia is the 16th country with which India has a co-production agreement that would benefit mainly small filmmakers keen on shooting movies, web series, advertisements or carrying out post-production work or visual effects in that country. "For all qualifying projects, the international film production company can claim a payable cash incentive of up to 30 per cent on qualifying expenditure in India, subject to a maximum of Rs 2 crore," Chandra told reporters here. Australia will also offer reciprocal benefits to Indian filmmakers shooting or engaged in ...

India-Australia to finalise economic cooperation agreement by this year

The MoUs were signed in sports and for audio-visual co-production, while terms of reference for solar taskforce were also exchanged between India and Australia

India's handling of Covid example before world: VP Jagdeep Dhankhar

India's handling of COVID-19 was an example to the world as regards how the country utilised its digital resources to roll out vaccines for such a large population and successfully controlled the disease at home while extending a helping hand to other nations, Vice President Jagdeep Dhankhar said on Friday. Dhankhar, who inaugurated the "International Symposium on Health Technology Assessment: ISHTA 2023" here, lauded Prime Minister Narendra Modi's proactive and timely decision of calling for a people's curfew and the citizens following it so that "what was advised to contain Covid could be translated into action". He further said the prime minister cheered and motivated the Covid warriors and the country was quick to come up with a legislation that accorded them protection. "India's handling of Covid exemplifies the best practices beyond doubt now. In that perspective, when I have gone abroad on two visits, how satisfying it was for me to note that when India was facing Covid, it .

Boeing to set up freight conversion facility in India amid growing demand

Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalise on growing global demand for cargo, executives from the US aviation firm said on Friday

India, US ink MoU on semiconductor supply chain, innovation partnership

India and the US on Friday signed a memorandum of understanding (MoU) on semiconductor supply chain and innovation partnership during the Commercial Dialogue 2023 here, the commerce ministry said. On the invitation of Commerce and Industry Minister Piyush Goyal, the US Secretary of Commerce Gina Raimondo visited Delhi between March 7 and 10. During this visit, the India-US Commercial Dialogue was re-launched on March 10 to discuss cooperation for unlocking new trade and investment opportunities between the two countries, it said. "During the Dialogue, a MoU on establishing semiconductor supply chain and innovation partnership under the framework of India-US Commercial Dialogue was signed between India and US," it said. The MoU seeks to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification in view of the US's CHIPS and Science Act and India's Semiconductor Mission. It aims to leverage complementary strengths of

Tendency of categorisation of terrorism based on motive is dangerous: India

India has said that the tendency to categorise terrorism on the basis of motivations behind terrorist acts is dangerous and asserted that all kinds of terror attacks, whether motivated by Islamophobia, anti-Sikh, anti-Buddhist or anti-Hindu prejudices, are condemnable. India's Permanent Representative to the UN Ambassador Ruchira Kamboj said on Thursday that the international community needs to stand guard against new terminologies and false priorities that can dilute its focus of combatting the scourge of terrorism. The tendency of categorisation of terrorism based on the motivations behind terrorist acts is dangerous and goes against the accepted principles that 'terrorism in all its forms and manifestations should be condemned and there cannot be any justification for any act of terrorism, whatsoever', she said at the First Reading of the Draft Resolution on 8th Review of the Global Counter-Terrorism Strategy (GCTS). Underlining that there cannot be good or bad terrorists, Kamboj

India reports 440 new Covid cases, one death; active tally rises to 3,294

India recorded 440 new coronavirus infections, while the active cases increased to 3,294, according to the Union Health Ministry data updated on Friday. The death toll stands at 5,30,779 with one death reported by Rajasthan, one by Karnataka and one fatality reconciled by Kerala, the data updated at 8 am stated. The Covid case tally was recorded at 4.46 crore (4,46,89,512). The national COVID-19 recovery rate has been recorded at 98.80 per cent, the ministry said. The number of people who have recuperated from the disease surged to 4,41,55,439, while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide vaccination drive.

Anurag Thakur slams NYT, other foreign media for 'defaming' India, PM

He said, "Some foreign media nourishing a grudge against India and our Prime Minister Shri Narendra Modi have long been systematically trying to peddle lies about our democracy and pleuritic society