India and Indonesia's relations are becoming strong with time. Recently, Indo-Indonesia concluded its bilateral Exercise Samudra Shakti-23 in the South China Sea
The proposed agreements with Indonesia comes as India inked similar pacts with the United Arab Emirates over the weekend, which will see more trades done in rupees and dirhams
The India-Indonesia Economic and Financial Dialogue launched on Sunday will focus on enhancing bilateral trade and investment, financial services, and infrastructure development, among others. Announcing the launch of the Dialogue, Finance Minister Nirmala Sitharaman said it can play an instrumental role in reaching a common understanding on issues and taking forward the global agenda from the perspective of the emerging market and developing economies. This dialogue will facilitate better cooperation between India and Southeast Asia while contributing to global economic and financial stability, she said on the sideline of the third meeting of G20 Finance Ministers and Central Bank Governors (FMCBG) being held here. The two-day FMCBG meeting co-chaired by Sitharaman and Reserve Bank Governor Shaktikanta Das begins here on Monday. Both the nations will be discussing issues of common interest that are mutually beneficial in enhancing relationships, she said. "The areas of cooperatio
The highest bond yields among major Asian nations and a less volatile currency thanks to the central bank's intervention are burnishing the appeal of rupee assets
While Morgan Stanley projected a 6.2 per cent GDP growth forecast for India in FY24, Nomura estimated the Indian economy to grow at 5.9 per cent in 2023
Global palm Oil prices seen stabilizing around $1000-$1100 per tonne due to low pdtn
India is committed to importing 2.6 million tonnes of palm oil products worth $3.16 billion, Indonesia's trade minister said in a statement on Tuesday
External Affairs Minister, S Jaishankar extended his wishes to the Foreign Ministers of Indonesia and Gabon on their Independence Day and expressed confidence in the bilateral ties with both nations
Bara Daya Energi is blacklisted by Gujarat and was rejected by CIL in first tender
Navies of India and Indonesia on Monday began a 12-day coordinated patrol in the Andaman Sea and Straits of Malacca in reflection of their fast-expanding cooperation.
External Affairs Minister S Jaishankar on Friday spoke to his Indonesian counterpart Retno Marsudi focusing on developments relating to the G-20 grouping.
Indonesia last week banned the export of crude and refined palm oil amid global shortage of the edible oil
Indian agriculture imports halted last late March to Southeast Asia nation, prompting New Delhi to put diplomatic pressure
India and Indonesia emphasised the need for greater bilateral maritime cooperation in the Indo-Pacific and agreed to improve connectivity between Andaman and Nicobar Islands and Aceh province.
Indonesian agriculture imports from India have come to a sudden standstill since the last few days after the authorities there barred the approval given to certification agencies based in India
India and Indonesia began a three-day mega naval wargame on Monday in the Sunda Strait, in reflection of their growing maritime cooperation
Rajnath Singh and his Indonesian counterpart Gen Prabowo Subianto on Thursday exchanged views on regional security situation and underlined the need for a free and open maritime order
The trade ministers of India and Indonesia, which want to more than double their bilateral trade to $50 billion by 2025, met in Davos on Thursday and agreed to fast-forward trade
The two commodity heavyweights have set a target to double trade to $50 billion in 2025
With bilateral trade of $21.13 billion in FY19, Indonesia is India's second-largest trade partner in the Asean region after Singapore. However, India's trade deficit stands at a sizeable $10.57 bn