Page 115 - India

India elected to UN statistical body for four-year term from January 1

India has been elected to the highest statistical body of the UN for a four-year term beginning January 1 next year. External Affairs Minister S Jaishankar said this on Twitter. "India elected to the highest UN statistical body for a 4-year term beginning on 1 January 2024! Congrats Team @IndiaUNNewYork for coming through so strongly in a competitive election," he said. Jaishankar said India's expertise in the field of statistics, diversity and demography has earned it the seat on the UN Statistical Commission.

India initiates anti-dumping probe into import of Chinese tin plates

India has initiated an anti-dumping probe into imports of certain types of Chinese tin plates, used in the packaging of consumables, following a complaint by domestic players. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of 'easy open ends of tin plate, including electrolytic tin plate, measuring 401 diameters (99 mm) and 300 diameters (73 mm) in dimension' originating in or exported from China. An application has been filed by Easy Openends India for the probe and the imposition of appropriate anti-dumping duty on the imports. DGTR in a notification on Wednesday said the applicant has alleged that material injury is being caused to the domestic industry due to the alleged dumped imports. It said that there is sufficient prima facie evidence of injury being caused to the domestic industry by dumped imports from China. The directorate said on the basis of the application "and having satisfied itself, on the ba

Who will India trade with?

Regional consolidation of trade may leave India out in the cold

Indian corporates beat American firms in office leasing in Jan-Mar: CBRE

Indian corporates overtook American firms in gross leasing of office space during the first quarter of this calendar year with nearly 50 per cent share in the total demand, according to CBRE India. In 2022, it was for the first time that India Inc beat American firms in leasing. On Wednesday, CBRE South Asia Pvt Ltd released the findings of its office report stating that the gross leasing of office space rose 9 per cent year-on-year to 12.6 million square feet during the January-March period across nine cities as against 11.6 million square feet in the year-ago period. "Similar to the previous quarter, domestic firms overtook American companies in terms of quarterly leasing, accounting for nearly half of the leasing activity in the January-March quarter," CBRE said in a statement. The gross leasing of office space rose 40 per cent in 2022 to 56.6 million square feet across nine major cities from 40.5 million square feet in the previous year. Out of the total absorption of office sp

India, Japan agree to diversify defence cooperation in emerging domains

India and Japan on Wednesday agreed to diversify their defence cooperation in new and emerging domains like space and cyber as part of an aim to consolidate the overall strategic engagement. The decision to further expand defence ties was taken at the seventh edition of India-Japan Defence Policy Dialogue that took place in Delhi. In the talks, the Indian side invited Japanese defence industries to look at investment opportunities in India under the 'Make in India' initiative. The defence dialogue took place over two weeks after Japanese Prime Minister Fumio Kishida visited India during which he put the country as an "indispensable partner" of Japan to achieve the ambitious goal of peace, prosperity and stability in the Indo-Pacific region. The dialogue was co-chaired by Defence Secretary Giridhar Aramane and Japan's Vice Minister of Defence for International Affairs Oka Masami. "A wide range of issues, including service-level exercises and engagements, regional security issues an

Steel export falls five-year low, imports at four-year high in FY23

During April-January, India's imports of Russian steel reached an eight-year high, and shipments were nearly five times higher than in the same period a year ago

4,435 fresh Covid cases in India, highest single-day rise in 163 days

India on Wednesday recorded 4,435 new COVID-19 infections, the biggest single-day jump in 163 days (five months and 13 days), while the number of active cases increased to 23,091, according to Union health ministry data. A total of 4,777 cases were recorded on September 25 last year. With the fresh cases, India's COVID-19 tally climbed to 4.47 crore (4,47,33,719). The death toll increased to 5,30,916 with 15 deaths, the data updated at 8 am stated. Four deaths were reported from Maharashtra; one death each was reported from Chhattisgarh, Delhi, Gujarat, Haryana, Karnataka, Puducherry and Rajasthan; and four were reconciled by Kerala. At 23,091, the active cases now comprise 0.05 per cent of the total infections. The national COVID-19 recovery rate was recorded at 98.76 per cent, according to the health ministry website. The daily positivity rate was recorded at 3.38 per cent and the weekly positivity rate at 2.79 per cent. The number of people who have recuperated from the diseas

Kia India to re-open bookings for EV6 on April 15: Check full details

Kia India announced the re-opening of Kia EV6 booking in India from April 15. The Kia EV6 was launched last year and hiked its price January to Rs 60.95 lakh (ex-showroom)

How Souled Store is riding young India's swelling pop culture wave

The Souled Store's target audience is young Indians in the age group of 16-30 years, a bulk of which is middle class - the biggest segment in India

BSF apprehendes Pakistani national trying to enter India via Gujarat

The Border Security Force has apprehended a Pakistani national trying to enter India through the border along Gujarat's Banaskantha district, the BSF said on Wednesday. BSF troopers observed a Pakistani national crossing the international border on Tuesday. They nabbed him as soon as he climbed down the gate near the Border Out Post (BOP) Nadeshwari in Banaskantha district, the BSF said. The man, identified as Daya Ram, a resident of Nagarparkar in Pakistan, was seen negotiating a fence gate by climbing over it to enter the Indian side of the fence, the BSF Gujarat Frontier said in a release. "He was immediately apprehended as soon as he climbed down the gate near BOP Nadeshwari in Banaskantha District," it said.

Big pharma: Here's why India's drug industry needs a major overhaul

The latest drug recalls just add to a long line of scandals that have tainted the pharma sector of India

Top Headlines: Mankind's quality assurance, India in space economy and more

Business Standard brings you the top headlines at this hour

US recognises Arunachal Pradesh as India's integral part: White House

The US has recognised Arunachal Pradesh as an integral part of India and strongly opposes any unilateral attempts to advance territorial claims by renaming localities, the White House has said. The US reaction came in response to Beijing announcing Chinese names for 11 more places in Arunachal Pradesh which the neighbouring country claims as the southern part of Tibet. The official names of the 11 places were released on Sunday by China's ministry of civil affairs. "The United States has recognised that territory (Arunachal Pradesh) for a long time (as an integral part of India). And we strongly oppose any unilateral attempts to advance territorial claims by renaming localities, White House Press Secretary Karine Jean-Pierre said on Tuesday. "And so, again, this is something that we have long stood by, Jean-Pierre told reporters at her daily news conference. India on Tuesday outrightly rejected China renaming some places in Arunachal Pradesh, asserting that the state is an integra

India abstains from vote on extending investigation into Ukraine war

When India abstained in February, India's Permanent Representative to the UN said that India remains committed to multilateralism while reiterating calls for dialogue and diplomacy

Iron Pillar raises $129 mn to invest in global cloud firms from India

The venture capital firm said this is the first-ever Series B / C stage fund focused on investing in global cloud software companies from India

India muscles in on $447 bn space economy amid China, Russia's isolation

By 2025, the so-called space economy is projected to grow to $600 billion from $447 billion in 2020, according to Ernst & Young estimates

India, Bhutan closely coordinate on shared security interests: Kwatra

Against the backdrop of renewed focus on the Doklam tri-junction, Prime Minister Narendra Modi and Bhutanese King Jigme Khesar Namgyel Wangchuck on Tuesday held talks focusing on a five-point broad roadmap to expand the "time-tested" relations besides delving into shared national security interests. At a media briefing after the talks, Foreign Secretary Vinay Kwatra said India and Bhutan closely coordinate on shared national and security interests and that security concerns of both sides are intertwined and indivisible. The talks between Modi and the visiting King took place days after Bhutan's Prime Minister Lotay Tshering said that China has an equal say in resolving the border dispute relating to the strategically-located Doklam tri-junction. When asked whether the Doklam issue figured in the talks, Kwatra said India-Bhutan ties are based on mutual respect, trust, close understanding and sensitivity to each other's concerns, adding Modi and the King covered the entire gamut of ..

Social welfare state being created in India with schemes: Jaishankar

External Affairs Minister S Jaishankar on Tuesday said a social welfare state is being created in India with a slew of schemes which are changing the socio-economic landscape of the country and asserted that none of that would happen if the bureaucracy was not there to deliver them. Speaking after launching a book titled 'Transforming the steel frame promise and paradox of civil service reform' edited by former bureaucrat Vinod Rai, Jaishankar said the future of the country is very much dependent on how well the politics and the "steel frame (bureaucracy)" work together. "We are actually today creating a social welfare state in this country. Nobody has created a social welfare state at USD 2,000 per capita...there are today a range of programmes which are changing the socio-economic landscape of India, but none of that would happen if the bureaucracy was not there to plan it, chart it, deliver it, monitor it and change it," he said. The minister said that after 40 years of ...

India needs its conglomerates

A call to dismantle them when the world hasn't done so is economic hara-kiri

India will not be impacted by Opec+ production cut, officials say

Industry executives said imports from Russia may rise further as talks are on to address difficulties in paying for Russian crude