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Jinping will attend virtual SCO summit hosted by India: Chinese FM

Chinese President Xi Jinping will attend next week's virtual summit of the Shanghai Cooperation Organisation (SCO) being hosted by India, it was announced here on Friday. At the invitation of Prime Minister Narendra Modi, President Xi will attend via video conference in Beijing, the 23rd meeting of the Council of Heads meeting of the SCO on July 4 and deliver important remarks, Chinese Foreign Ministry spokesperson Hua Chunying said in a brief press release. This is the first official announcement about Xi's participation in the SCO summit being hosted by India. Later answering a question at a media briefing on Xi's participation, another Chinese Foreign Ministry spokesperson, Mao Ning said besides delivering important remarks, the Chinese President together with other participating leaders, chart the course for the future growth of the organisation. "With the concerted efforts of all sides, the SCO will achieve greater progress and boost development and prosperity in regional ...

India beat Iran to defend men's Asian Kabaddi Championships title in Busan

The Indian men's kabaddi team beat Iran 42-32 in a high-voltage final to defend its Asian Championships title, here on Friday. It was India's eighth title in the continental championships. Iran started aggressively, but the Indians were up to their tasks. Captain Pawan Sehrawat helped India inflict the first All-Out with two touch points and gave his side a 10-4 lead. India kept building pressure on the Iranians and produced another All-Out. India were leading 23-11 at half time. Iranian all-rounder Mohammadreza Chiyaneh tried to lead his side make a comeback but they ended up conceding another All-Out to trail 14-33. India maintained their stranglehold and sealed the issue. "With the score of 42-32 in the final match against Iran, Team India retains the Asian Kabaddi Championship Title! Kudos to the entire team. Well played boys," the Sports Authority of India tweeted. India had beaten arch-rivals Pakistan in the final in the last edition held in Iran in 2017.

YWCA Delhi likely to file appeal against cancellation of FCRA licence

YWCA-Delhi's FCRA license was cancelled by the home ministry. However, YWCA, India's FCRA licence was renewed for five years till 2028

CWC 2023 venues to get upgrades: Red soil pitches, new outfield, and more

Delhi's Arun Jaitley Stadium will be refurbishing its seating and washrooms along with upgrading the ticketing software

Xi Jinping to attend virtual SCO summit hosted by India: Chinese official

Chinese President Xi Jinping will attend next week's virtual summit of the Shanghai Cooperation Organisation (SCO) being hosted by India, an official announcement here said on Friday. At the invitation of Prime Minister Narendra Modi, President Xi will attend via video conference in Beijing, the 23rd meeting of the Council of Heads meeting of the SCO on July 4 and deliver important remarks, Chinese Foreign Ministry spokesperson Hua Chunying said in a brief press release. This is the first official announcement about Xi's participation in the SCO summit being hosted by India. The SCO is an influential economic and security bloc and has emerged as one of the largest transregional international organisations. The SCO was founded at a summit in Shanghai in 2001 by the presidents of Russia, China, the Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan. India and Pakistan became its permanent members in 2017. India holds the rotating Presidency of the organisation this year. Ahead

Top headlines: TCS takes serious view of ethics breach, BRICS expansion

Business Standard brings you the top headlines at this hour

India, Tanzania agree on five-year roadmap for defence cooperation

India and Tanzania have finalised a five-year roadmap to expand overall bilateral defence cooperation including in areas of infrastructure building and collaboration in military equipment and technology. Both sides agreed on the roadmap at the second edition of India-Tanzania Joint Defence Cooperation Committee (JDCC) meeting that was held in Arusha on June 28 and 29. "During the meeting, the two sides discussed a wide range of opportunities for collaboration with a view to enhancing security in the Indian Ocean Region," the defence ministry said. It said the Indian delegation highlighted the growing prowess of the Indian defence manufacturing to export to friendly countries. "A five-year roadmap for defence cooperation was also agreed to between the two sides, which covers initiatives ranging from customised training and capacity building to maritime cooperation, infrastructure building and collaboration in defence equipment and technology," the ministry said in a ...

India trade talks discussing business travel, not broader immigration: UK

Britain will discuss temporary business visas as part of Free Trade Agreement talks with India but any deal will not contain broader immigration commitments, trade minister Kemi Badenoch said

Avg cost offered by US for MQ-9B drones 27% less for India: Report

A senior government functionary claimed on Thursday that the average estimated cost of MQ-9B long endurance drones for India would be 27 per cent lower than the price incurred by other countries which have bought it from the US, asserting that it will most likely go further down during negotiations unless India seeks additional features. He also categorically underlined that so far negotiations on the pricing issue have not begun as the latest official development towards the proposed acquisition of 31 of these drones has been the "acceptance of necessity" accorded by the Defence Acquisition Council, which happened on June 15. The pricing issue is not part of this, he added. The indicative cost of the drones made by the US government is USD 3,072 million. This works out to be USD 99 million for each drone, he said, adding that it cost the UAE, one of the few countries to have it, USD 161 million a piece. The MQ-9B India is looking to acquire is comparable with the UAE's but with a .

PM Modi to chair meeting with cabinet ministers amid talk of reshuffle

PM Modi had held in-depth discussions with Union Home Minister Amit Shah, BJP President JP Nadda, and other key party leaders on Wednesday

Procter - Gamble India to invest $244 mn to set up manufacturing facility

BENGALURU (Reuters) - Procter & Gamble India said it would invest 20 billion rupees ($243.79 million) to set up a personal healthcare manufacturing facility in the western state of Gujarat.

State-owned firm KABIL to sign pact with Argentina to secure lithium blocks

KABIL, short for Khanij Bidesh India Ltd, was formed in August 2019 to identify, acquire, develop and process strategic minerals overseas for use in India

Pak should break addiction to IMF bailouts, use crisis as an opportunity

The IMF's bailout package - the 23rd for Pakistan since its independence in 1947 - was suspended in November 2022 because the government had not acted on the IMF's conditions for the loan

India removed from UNSG report on impact of armed conflict on children

UN Secretary-General Antonio Guterres has removed India from his annual report on the impact of armed conflict on children, citing "measures taken by the government to better protect" them. Guterres said in his report last year, he had welcomed the engagement of the Indian government with his special representative and noted that it might lead to the removal of India as a situation of concern. In his 2023 report on Children and Armed Conflict, the UN chief said, "In view of the measures taken by the government to better protect children, India has been removed from the report in 2023." Guterres highlighted the technical mission of the office of his special representative in July 2022 to identify areas of cooperation for child protection, and the workshop on strengthening child protection held in Jammu and Kashmir last November by the government, with the participation of the United Nations. In his latest report, he also called upon India to implement the remaining measures identifi

India, Philippines underline commitment to strengthen bilateral relations

The Philippines Secretary for Foreign Affairs on Wednesday said India and the Philippines are working together to amplify their voices for the developing world in the global discourse

What a powerful idea: US Ambassador on PM Modi's 'not an era of war' remark

The Prime Minister made a 'not an era of war' comment while talking with Russia's President Vladimir Putin in September 2022 during an SCO summit

Want to strike truly ambitious trade deal with India: UK PM Rishi Sunak

British Prime Minister Rishi Sunak on Wednesday evening reiterated his commitment to a truly ambitious free trade agreement (FTA) with India as he hosted a special reception to celebrate India Global Forum's UK-India Week 2023 in the garden of 10 Downing Street here. The 43-year-old British Indian leader interacted with business leaders and celebrities, including boxing champion Mary Kom, musicians Shankar Mahadevan and Zakir Hussain, and Bollywood actor Sonam Kapoor, as part of what he dubbed as the start of an Indian summer for the UK. Prime Minister (Narendra) Modiji and I agree there's huge potential here. We're making great progress together on the 2030 roadmap and we want to strike a truly ambitious trade deal that benefits both our nations, bringing tremendous opportunities to businesses and consumers, both in India and here at home, said Sunak, who was joined at the garden party by wife Akshata Murty and mother-in-law Sudha Murty. It's not just UK-India Week, but a whole ...

PM Modi meets Goldman Sachs leadership, highlights India's potential

Prime Minister Narendra Modi met Goldman Sachs' key leadership here on Wednesday and highlighted India's potential and opportunities to the leading global banking and investment firm. "Had a fruitful discussion with the members of the Board and key leadership of Goldman Sachs. Highlighted India's vast potential for growth, fuelled by recent reforms and a conducive business environment," the prime minister said in a tweet. Modi said he also spoke about the opportunities being offered by India for global firms.

India pushes back plan to collect 20% tax on overseas spending beyond cap

In May, the government had said it would only impose 20% tax on overseas spending of above 700,000 rupees through international debit and credit cards in a financial year

ICA to hold international cooperative conference in India in June 2024

In a first, Belgium-based International Cooperative Alliance (ICA) will organise a global cooperative conference and its general assembly meeting in India in June 2024. A decision in this regard was taken following a proposal presented by IFFCO's Managing Director U S Awasthi during an ongoing ICA Board meet in Brussels, Belgium. "The ICA Board unanimously approved the same," IFFCO said in a statement, and added, this is a historic move for Indian cooperatives. The board has "unanimously" decided to hold ICA Global Board, General Assembly, and an International Conference for the first time in the 128-year history of ICA at New Delhi in June 2024, the statement said. ICA represents more than 310 cooperative organisations from 107 countries across the world as its members. "It is a proud moment for IFFCO and cooperative businesses in India.... It will open up new opportunities in the cooperative sector where Indian cooperatives can associate and participate in global businesses," ..