Page 16 - India

India, Iceland review ties, status of negotiations on trade agreement

India and Iceland Monday reviewed the status of ties, including trade and investments and the India-EFTA Trade and Economic Partnership Agreement (TEPA) negotiations. India and Iceland held their third Foreign Office Consultations with the Indian side led by Sanjay Verma, Secretary (West), Ministry of External Affairs, and the Iceland side led by Martin Eyjlfsson, Permanent Secretary of State in Iceland's Ministry of Foreign Affairs. During the talks, both sides comprehensively reviewed the status of relations in all fields, including political, trade and investments, India-EFTA-TEPA negotiations, fisheries, geothermal cooperation, capacity building, cultural relations and people-to-people contacts, a Ministry of External Affairs statement said. Detailed discussions were held on the future direction of cooperation, including in the multilateral fora, particularly the UN, it said. EFTA is limited to four countries - Switzerland, Norway, Iceland and Liechtenstein. The India-EFTA Tra

Australian PM to visit India, set to strengthen ties in rare earth sector

India is likely to announce significant investments in the rare earth sector in Australia during the visit of Prime Minister Anthony Albanese here beginning Wednesday. Albanese, who arrives in Ahmedabad on Wednesday when India celebrates Holi, is also expected to participate in the festival of colours, watch the India-Australia cricket test match with Prime Minister Narendra Modi before heading for Mumbai to engage with the business community and later to Delhi for bilateral talks. "KABIL (Khanij Bidesh India Limited) is set to make a significant investment in the rare earth sector in Australia, a move welcomed by the Australian government and Indian government, particularly by the business community," Australian High Commissioner to India Barry O'Farrell told reporters here. Albanese will be accompanied by Trade and Tourism Minister Don Farrell and Resources Minister Madeleine King, and also a delegation of 27 business leaders from sectors ranging from banking to mining. The ...

Indian shares extend rally for 2nd time after strong economic data from US

Most of the Adani group stocks advanced, extending gains after U.S. boutique investment firm GQG Partners' $1.87 billion investment in the conglomerate on Thursday

India to help Bangladesh with its defence modernisation efforts: Envoy

India is ready to help Bangladesh with its defence modernisation efforts and has identified defence industry cooperation with Dhaka as an emerging focus area of the bilateral partnership, including joint development and production, India's envoy here has said. The Indian High Commission here on Sunday organised a seminar here on Indian defence equipment to promote defence industry cooperation between India and Bangladesh. Speaking at the event, Indian High Commissioner to Bangladesh Pranay Verma identified defence industry cooperation between the two countries as an emerging focus area of their defence partnership, a press release by the High Commission said. Verma highlighted the accomplishments of Indian's defence industry over the last decade driven by the Make in India, Make for the World vision of Prime Minister Narendra Modi. The High Commissioner invited Bangladesh Armed Forces to benefit from India's cost-effective, high-quality defence equipment and technology and proposed

India trying to reduce dependence on foreign countries in health sector: PM

Prime Minister Narendra Modi said on Monday that life-savers like medicines, vaccines and medical devices were weaponised during the COVID-19 pandemic, and asserted that his government has been consistently trying to minimise India's dependence on foreign countries in the health sector. Addressing a post-budget webinar on 'Health and Medical Research', Modi said India's health sector was marred by a lack of integrated approach and long-term vision for decades but his government has not confined it to the health ministry alone and has dealt with it with the "whole of government" outlook. Our entrepreneurs should ensure India doesn't have to import any technology and becomes self-reliant, he said, highlighting various measures taken by his government to boost entrepreneurship in the field. The prime minister said making treatment affordable has been a top priority, adding that the 'Ayushman Bharat', a government health insurance scheme, and 'Jan Aushadhi' centres, where medicines are

Game of thrones in Nepal: The great game in the Himalayas

Nepal has become a playground for international geopolitics, and its politics of musical chairs has become murkier

India as a delivery hub is very significant for us: RWS Holdings CEO

"As a source of talent, both for linguists and technology talent, India is important"

India's Russian oil imports hit record high in Feb; more than Iraq, Saudi

India's imports of crude oil from Russia soared to a record 1.6 million barrels per day in February and is now higher than combined imports from traditional suppliers Iraq and Saudi Arabia. Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a fifth straight month by supplying more than one-third of all oil India imported, according to energy cargo tracker Vortexa. Refiners continue to snap up plentiful Russian cargoes available at a discount to other grades. From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict in February 2022, Russia's share of India's imports rose to 1.62 million barrels per day in February, taking a 35 per cent share. India, the world's third-largest crude importer after China and the United States, has been snapping Russian oil that was available at a discount after some in the West shunned it as a means of punishing Moscow

India logs 324 new Covid infections, active cases in country rise to 2,791

India logged 324 new coronavirus infections, while the active cases increased to 2,791, according to the Union Health Ministry data updated on Sunday. The death toll stands at 5,30,775, the data updated at 8 am stated. The Covid case tally was recorded at 4.46 crore (4,46,87, 820). The national COVID-19 recovery rate was recorded at 98.80 per cent, according to the health ministry website. The number of people who have recuperated from the disease surged to 4,41,54,254, 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.

India offers remarkable opportunities for entrepreneurs: CTS co-founder

India, which has evolved from a USD 300 billion economy to a USD 3.5 trillion economy in three decades, offers remarkable opportunities for entrepreneurs and companies over the next few decades, especially in two areas -- India for India and India for the world -- a top Indian American entrepreneur has said. "The opportunity (in India) is remarkable and that is an incredible testament to the incredible work that the (Indian) government, the public sector, the private sector and the not-for-profit sector in India have done altogether. There is an incredible upside in India," said Indian American Frank D'Souza, co-founder and former CEO of Cognizant Technology Solutions. In a fireside chat with Suresh Kumar, professor and director of Innovation and Entrepreneurship Programmes at the New Jersey Institute of Technology, at a TiE New Jersey event wherein he was presented with the inaugural Excelsior Award for Lifetime Achievement and Contribution to Entrepreneurship, D'Souza said there ar

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K'taka govt upset as Foxconn denies binding agreement for investment

The ministry is tight lipped over the development and has not given any official reaction yet. "Officials have been directed not to give any statement to media," sources added

Islamabad has 'unique distinction' for hosting terrorists: India to Pak

Pakistan has the "unique distinction" of hosting the most number of UNSC-designated terrorists and terror organisations, and its policies are directly responsible for thousands of civilian deaths in the world, India has said as it slammed Islamabad for its malicious propaganda against it. Exercising its right of reply to Pakistan's statement at the United Nations Human Rights Council (UNHRC) in Geneva on Friday, India said when it is not entirely focused on suppressing its own population, Pakistan actively lends its energies to aid, host and abet international terrorists. "It has the unique distinction of hosting the most number of UNSC designated terrorists and terror organisations. Osama bin Laden lived next to Pakistan's premier military academy. Its security agencies have nurtured and sheltered Hafiz Saeed and Masood Azhar for decades, First Secretary of India's Permanent Mission to UN Seema Pujani said. "These are but a few dreaded names from the annals of Pakistan's history of

Several ministers of G20 nations spoken of 'friendshoring': FM Sitharaman

Sithraman said that well-trained youth, middle class giving a captive market, technology-driven investment and public infrastructure were among reasons for India's sustained growth

We'll strengthen security cooperation: Australian PM ahead of India visit

As per the Ministry of External Affairs, India and Australia share warm and friendly relations based on common values and democratic principles

Kapil Sibal announces new platform 'Insaaf' to fight 'injustice' in India

Rajya Sabha leader Kapil Sibal on Saturday announced a new platform to fight "injustice" prevailing in the country under the BJP-led government, calling on everyone, including opposition chief ministers and leaders, to support him in his endeavour. Addressing a press conference here, Sibal said he was launching the platform "Insaaf" and a website "Insaaf ke sipahi" to help people rise in the fight against injustice with lawyers at the forefront of the initiative. He said on March 11, he will hold a meeting of the initiative at Jantar Mantar where he will put forward a vision for India. Sibal said it was an open invitation for everyone, including opposition leaders and common people, to join him at the event. He sought the support of opposition chief ministers and leaders for his initiative. "This will be a national level platform where lawyers will be at the forefront. RSS shakhas have also been spreading their ideology in every locality which gives rise to injustice. We will figh

India reports 334 Covid-19 cases, 3 deaths; active tally rises to 2,686

India logged more than 300 fresh coronavirus cases after 97 days, while the active cases increased to 2,686, according to the Union health ministry data updated on Saturday. The country saw a single-day rise of 334 new cases, while the death toll rose to 5,30,775 with three latest fatalities -- two reported by Maharashtra in the last 24 hours and one reconciled by Kerala, the data updated at 8 am stated. The country's infection tally stands at 4.46 crore (4,46,87,496). The active cases now comprise 0.00 per cent of the total cases, while the national COVID-19 recovery rate has been recorded at 98.80 per cent, according to the health ministry website. The number of people who have recuperated from the disease surged to 4,41,54,035, while the case fatality rate was recorded at 1.19 per cent. According to the ministry, 220.63 crore doses of Covid vaccine have been administered in the country so far under the nationwide COVID-19 vaccination drive.

Australian PM Anthony Albanese to embark on India visit from March 8-11

This will be Albanese's first visit to India as prime minister. He will arrive in Ahmedabad on March 8, 2023, on the day of Holi, and also visit Mumbai on March 9 before heading to Delhi

Will continue to stand side by side with India: French Foreign Minister

Speaking at the unveiling of the Villa Swagatam Initiative on March 3, she said that India and France share links in security, defence and various sectors

More India is strong, more calm things will be: Former US Defence Secy

He said that all NATO could do was remind Putin that it is a nuclear-armed alliance. Its message was that Russia should not even think about it