Page 134 - India

UK Chancellor Jeremy Hunt to arrive in Bengaluru for G20 finance meet

The UK's Chancellor of the Exchequer, Jeremy Hunt, will arrive in Bengaluru on Thursday to attend the G20 Finance Ministers and Central Bank Governors meeting, and with a declared mission to enhance the India-UK economic partnership. On his first visit overseas since taking charge at the UK Treasury, Hunt will meet with his Indian counterpart, Union Finance Minister Nirmala Sitharaman, and senior business leaders and tech CEOs of the country to explore collaboration opportunities. His office said the tour aims at strengthening the already productive India-UK economic relationship and deepen ties with a rising "economic superpower" to increase new investments and jobs in the United Kingdom. "I want the UK to be the world's next Silicon Valley this is an ambition within reach thanks to our status as a global financial powerhouse and home to world class universities and research institutions," Hunt said, on the eve of his India visit. "We already have a USD1 trillion tech industry, b

Amid debate on Ukraine conflict, India to host event on Gandhian philosophy

As the United Nations discusses the ongoing conflict in Ukraine, India said it will be hosting an event on the Gandhian thought and philosophy at the UN headquarters in New York on Thursday. To be organised jointly by the Permanent Mission of India to the United Nations and the University for Peace at Economic and Social Council Chamber, the event on Thursday evening is expected to be attended by diplomats from across the world. On Friday, the UN Security Council is scheduled to hold a discussion on Ukraine. Announcing the event in a tweet, India's Permanent Mission to the United Nations said, "Join us tomorrow at UN for a thought-provoking initiative on the centrality of Mission Life & sustainable development to Gandhian thought as part of the the India Roundtable series." It also shared a quote by Gandhi: "In a gentle way, you can shake the world." The announcement comes as the UN General Assembly held an Emergency Special Session on Ukraine. UN Secretary-General Antonio ...

Russian FM Lavrov to attend G20 Foreign Ministers' meet in India next month

Russian Foreign Minister Sergei Lavrov will be on a three-day visit to India to participate in the G2O Foreign Ministers' meeting in New Delhi from March 1-2, Russia's Ministry of Foreign Affairs said.Taking to Twitter, Russia's Foreign Ministry said that Lavrov will also meet External Affairs Minister S Jaishankar during his visit from March 1-3."March 1-3, New Delhi, negotiations with Indian FM @DrSJaishankar & participation in the meeting of the Foreign Ministers of the #G20 Member States," the Ministry tweeted.The foreign ministers of the Group of Twenty (G20) countries are set to meet in New Delhi in March.India's special invitee guest countries are Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and UAE. India is hosting G20 meetings across several cities around the country.The Russian Foreign Ministry also tweeted that he will hold meetings with Azerbaijan's President Ilham Aliyev and will also negotiate with his Azerbaijani counterpart Jeyhun ..

13 antiquities brought to India before 2014, 229 retrieved post: Union min

Union Culture Minister G Kishan Reddy on Wednesday said 229 antiquities, which were taken out of India during different eras, have been retrieved from overseas during the past eight years, while this number was only 13 before 2014, reflecting the Centre's resolve to bring valuable articles associated with cultural pride back to the country. Asked about bringing back the Kohinoor diamond from Britain, Reddy said he would like the famed jewel to be in the country. He was talking to reporters on the margins of the first G20 working group meeting of culture which began at Maharaja Chhatrasal Convention Centre (MCCC) at Khajuraho in Madhya Pradesh's Chhatarpur district. The meeting will go on till February 25 at Khajuraho, an ancient city known for its magnificent temples and intricate sculptures and located some 370km from the state capital Bhopal. India currently holds the presidency of G20 or Group of 20 - an intergovernmental forum of the world's major developed and developing ...

PM Modi reviews 9 infrastructure projects worth over Rs 41,500 cr

Prime Minister Narendra Modi on Wednesday reviewed nine key infrastructure projects spread across 13 states having a cumulative cost of more than Rs 41,500 crore. Modi reviewed the projects while chairing the meeting of 41st edition of PRAGATI, the ICT-based multi-modal platform for Pro-Active Governance and Timely Implementation, involving the Centre and state governments. In the meeting, nine key infrastructure projects were reviewed -- three projects were from the Ministry of Road Transport and Highways, two from the Ministry of Railways and one project each was from Ministry of Power, Ministry of Coal, Ministry of Petroleum and Natural Gas, and Ministry of Health and Family Welfare, a statement issued by the Prime Minister's Office said. These nine projects have a cumulative cost of over Rs 41,500 crore and relate to 13 states -- Chhattisgarh, Punjab, Bihar, Madhya Pradesh, Uttar Pradesh, Jharkhand, Kerala, Karnataka, Tamil Nadu, Assam, Gujarat, Maharashtra and Arunachal ...

UAE eyes renewables partnerships opportunities with India: Jaber in COP28

UAE will explore all partnership opportunities with India to help the south Asian country's growth and low carbon plans, the UAE's climate envoy and designated president of the COP28 summit

RBI onshore, offshore intervention helps rupee outperform: Traders

The rupee was little changed at 82.80 on the day despite an overnight jump in U.S. Treasury yields, after an unexpected rebound in U.S. business activity

Experts want Indo-UK partnership to attain 'One Health Aquaculture' concept

The meet also called for Indo-UK partnership to facilitate research collaboration helping to improve safe and sustainable aquaculture production in the country

India likely to propose expert G20 group for World Bank reforms: Sources

The World Bank Group's climate change action plan for 2021-2025 has set a target to deploy an average of 35% of the institution's financing in support of climate action

Host India doesn't want G20 to discuss Russia sanctions further: Report

The sanctions would also seek to do more to stem the trans-shipment of oil and other restricted goods through bordering countries

We stand up for BBC: UK govt in Parliament after India's I-T survey

The British government has strongly defended the BBC and its editorial freedom in Parliament after the Income-Tax department's survey operations on the UK-headquartered media corporation's New Delhi and Mumbai offices over three days last week. A Foreign, Commonwealth and Development Office (FCDO) junior minister responded to an urgent question raised in the House of Commons on Tuesday to say that the government cannot comment on the allegations made by the I-T department over an ongoing investigation but stressed that media freedom and freedom of speech are essential elements of robust democracies. David Rutley, Parliamentary Under-Secretary of the FCDO, pointed to a broad and deep relationship with India which meant the UK was able to discuss a wide range of issues in a "constructive manner". We stand up for the BBC. We fund the BBC. We think the BBC World Service is vital. We want the BBC to have that editorial freedom, said Rutley. It criticises us (government), it criticises t

Indian firms to generate 49% of revenue from digital infra by 2027: Report

Indian organisations are expected to generate as much as 49 per cent of the revenue from digitally connected products, services, and customer experiences by 2027, a report showed on Wednesday

One Earth, One Family, One Future uplifting and mobilizing motto: IMF MD

The 'One Earth, One Family, One Future' motto of G-20 announced by India is very uplifting and mobilizing, IMF Managing Director Kristina Georgieva has said adding that it resonates on a human level with all. "It has chosen a great motto for the presidency that I think resonates on a human level with all of us: One Earth, One Family, One Future. It is the most uplifting, motto of G-20, that I can think of. Very mobilizing for all of us," Georgieva told PTI ahead of her India travel to attend the G-20's financial track meeting in Bengaluru. Unveiled by Prime Minister Narendra Modi last year, the theme of India's G20 Presidency - 'Vasudhaiva Kutumbakam' or 'One Earth One Family One Future' - is drawn from the ancient Sanskrit text of the Maha Upanishad. Essentially, the theme affirms the value of all life human, animal, plant, and microorganisms and their interconnectedness on the planet Earth and in the wider universe. It also spotlights LiFE (Lifestyle for Environment), with its .

India can achieve its goal of being carbon neutral much before 2070: IMF MD

India, which has taken it upon itself to be carbon neutral by 2070, could achieve this ambitious goal even earlier, International Monetary Fund Managing Director Kristalina Georgieva has said. Georgieva added that it is so very important that a large country like India plays a leading role in the fight against climate change. She noted that what India has done is "quite admirable" because it is a country that has nearly 1.4 billion people that need access to development opportunities. And therefore, the pressure to expand the use of resources is exceptionally high. Yet India is managing to put in place very ambitious objectives: reduce the emissions intensity of its GDP by 45 per cent by the year 2030, from 2005 level, Georgieva told PTI in an interview as she applauded New Delhi for its programme of using solar as a main source of energy and taking it to the global level through the International Solar Alliance. "And more recently thinking more seriously about innovation, for ...

India remains 'bright spot' to contribute 15% of global growth in 2023: IMF

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15 per cent of the global growth in 2023, International Monetary Fund (IMF) managing director Kristalina Georgieva said. While digitisation pulled out the world's fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for capital investments provided in the next year's budget will help sustain the growth momentum. "India's performance has been quite impressive. For this year, we expect India to retain a high growth rate, 6.8 per cent for the year that ends in March. For FY 2023/24 (April 2023 to March 2024) we project 6.1 per cent, a bit of slow down like the rest of the world economy, but way above the global average. And in that way, India is providing about 15 per cent of global growth in 2023," Georgieva told PTI in an interview. That is the fastest growth rate among major economies. India remains a bright spot at a time when the IMF is projectin

HC asks Waqf Board to file plea against Centre's decision on properties

The Delhi High Court Wednesday asked the Delhi Waqf Board to file a separate substantive petition to challenge the Centre's decision to take away 123 waqf properties. Justice Manoj Kumar Ohri refused to grant any interim relief in the board's application filed in a pending petition challenging the Centre's decision to re-examine the de-listing of its 123 properties. You file a fresh substantive petition to challenge the Centre's February 8 letter, the judge told the counsel for the board and listed the application along with the pending petition on August 4. The Land and Development Office (L&DO) of the Ministry of Housing and Urban Affairs (HUA) recently decided to take over 123 properties of the Delhi Waqf Board, including mosques, dargah and graveyards, based on the report of a two-member committee. Board chairman Amanatullah Khan has said the report of the committee was not shared with the board, and added that a case challenging its formation was already pending in the high ..

Host India does not want G20 to discuss more sanctions on Russia: Report

The officials said the war's macroeconomic impact would be discussed but India does not want to deliberate on additional actions against Russia

Under PM Modi, India does not shy away from taking a stand: J P Nadda

BJP president J P Nadda said on Wednesday that India under Prime Minister Narendra Modi's leadership does not shy away from taking a stand on complex issues, asserting that he has changed the way the country is looked at globally. Releasing the book, "Modi: Shaping a Global Order in Flux", Nadda said Indian government leaders earlier did not "dare" to visit Israel due to domestic vote bank politics. "The domestic vote bank politics compelled, and India couldn't develop a relationship with Israel," he said, adding Prime Minister Modi visited Israel as well as Palestine. This shows India is capable of handling two different countries in the best possible manner, the BJP president said. Modi has also succeeded in dehyphenating India with Pakistan which was not the case earlier, he said. Relatively less is written on Prime Minister Modi's contribution in changing how India is looked globally, and this book will start a debate, he said. Nadda said, "It is necessary to understand what

Not an era for war, India reiterates, as G20 finance meet starts

India has kept a neutral stance on the war, declining to blame Russia for the invasion, seeking a diplomatic solution and increasing its purchases of Russian oil over the past year

Handing over of Haifa Port to Adani, a reflection of trust: Israeli Envoy

Israel's handing over of the strategic port of Haifa to Indian company, the Adani Group, is a reflection of the trust that the country has on India, Israeli Ambassador Naor Gilon said on Wednesday. At a media briefing, the envoy also said that both India and Israel are keen on finalising the proposed free trade pact as it could further boost overall bilateral trade ties. Gilon indicated that there could be a forward movement on the Free Trade Agreement (FTA) during the upcoming "high-level" visit. Describing defence ties between the two countries as very strong, he said Israel has an advantage to support India in its efforts to become self reliant in defence manufacturing because of the "long-standing" trust in the area between the two countries. On the Adani Group acquiring the Haifa port last month, Gilon said it was sign of Israel's trust on India and it could boost bilateral trade. It was a very important move from our side as Haifa is a strategic port, he said. The Adani Grou