The review of the ASEAN-India FTA figured during Prime Minister Narendra Modi's talks with his Malaysian counterpart Anwar bin Ibrahim on the sidelines of the BRICS summit. The two leaders reviewed progress in bilateral relations, including in areas of trade and investment, defence, education, healthcare, tourism and people-to-people contacts, the Ministry of External Affairs (MEA) said in a statement on Sunday after the meeting. Modi congratulated Malaysia for its successful chairmanship of the Association of Southeast Asian Nations (ASEAN), a regional grouping of 10 states in Southeast Asia. PM Modi welcomed Malaysia's continued support for a strengthened ASEAN-India Comprehensive Strategic Partnership, including the early and successful completion of the review of the ASEAN-India FTA, the MEA said. The FTA was signed in 2009 and implemented in January 2010. In August 2023, both sides announced a complete review of the existing agreement in goods by 2025. It is learnt that the
The Congress on Monday accused the Modi government of focussing on big businesses and alleged that the growth of such business groups is not accelerating economic growth. In a post on X, Congress general secretary (communications) Jairam Ramesh said the industry's share in GDP has been declining, just as concentration in the industry is increasing and this, in turn, is one of the main causes of inflation due to rising prices. "While tall claims continue to be made by the PM and his drumbeaters on industrial growth, three facts are incontrovertible - Industry's share in GDP has been declining, just as concentration in industry has been increasing. This has raised prices for consumers and is one of the main sources of inflation," he claimed in his post. Ramesh said within the 'G25' in Indian business, there is a 'G5' whose increasing share is coming at the expense of the remaining 'G20'. "Big business groups are growing even bigger but that is not acclerating economic growth-- in fac
Leader of Opposition in Lok Sabha Rahul Gandhi on Monday accused the Modi government of making the rich richer and pushing ordinary investors to the brink of ruin by being silent on 'manipulation' by big players in the F&O market. Gandhi, in a post on X, said that he had predicted the loopholes in the Futures and Options (F&O) markets. "I clearly stated in 2024 - the F&O market has become a playground for 'big players,' and small investors' pockets are continuously being drained. "Now SEBI itself is admitting that Jane Street manipulated thousands of crores. Why did SEBI remain silent for so long?" he asked in his post in Hindi. The Congress leader accused Prime Minister Narendra Modi-led Centre of turning a blind eye to the revelation and wondered if there were more players rigging the market. "At whose behest was the Modi government sitting with its eyes shut? And how many more big sharks are still shorting retail investors?" he said. "In every case, it is clear - the ...
PM Modi addressed the Brics Summit Plenary session on 'Strengthening Multilateralism, Economic-Financial Affairs, and Artificial Intelligence'
At Brics Summit, Prime Minister Narendra Modi warns against 'weaponising' critical resources, calls for resilient supply chains, responsible AI, and support for 'Global South'
PM Modi stated that the diversity of the Brics group and its firm belief in multipolarity is its "biggest strength"
Prime Minister Narendra Modi on Sunday called for BRICS to act as a catalyst for global cooperation and a multipolar world, urging the grouping to lead by example and meet the expectations of the Global South. Speaking at the Outreach Session on 'Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence' at the 17th BRICS Summit here, Modi said the strength of the bloc lies in its diversity and shared commitment to multipolarity. "The diversity of the BRICS group and our firm belief in multipolarity are our greatest strengths. We must reflect on how BRICS can serve as a guiding force for a multipolar world in times to come," the prime minister said. He stressed that to be taken seriously on the global stage, BRICS must first improve its internal systems. In a post on X he said,"First, emphasis should be on improving our own systems so that our credibility is boosted when we call for reformed multilateralism. This is important considering economic ...
Prime Minister Narendra Modi on Sunday met his Malaysian counterpart Anwar bin Ibrahim on the sidelines of the 17th BRICS Summit here and discussed ways to strengthen bilateral ties along with regional security. The two leaders reviewed the progress in India-Malaysia relations since Prime Minister Ibrahim's state visit to India in August 2024, with particular focus on trade and investment, defence, education, healthcare, tourism and people-to-people exchanges, the Ministry of External Affairs said in a statement. Modi thanked Ibrahim for his strong condemnation of the recent Pahalgam terror attack and appreciated Malaysia's support on issues of mutual concern. The two also exchanged views on cooperation in the multilateral arena and regional security. Prime Minister Narendra Modi congratulated Malaysia on its successful chairmanship of Association of Southeast Asian Nations (ASEAN). He welcomed its continued support for the ASEAN-India Comprehensive Strategic Partnership, includin
The BRICS grouping on Sunday condemned the Pahalgam terror attack in the strongest terms and echoed India's position to pursue a "zero tolerance" approach towards terrorism and called for shunning double standards in countering the menace. The top leaders of BRICS nations articulated their firm resolve to combat terrorism, including cross-border movement of terrorists and terror financing, on the first day of the grouping's two-day summit in this seaside Brazilian city. In an apparent reference to Washington's reciprocal tariffs, the leaders also criticised the "indiscriminate rising of tariffs", holding that such measures threaten to undermine global trade. The BRICS leaders unveiled the "Rio de Janeiro Declaration" that featured the bloc's position on a number of pressing global challenges, including terrorism, the situation in West Asia, trade and tariff, and reform of global institutions such as the UN Security Council and the Bretton Woods Institutions. "We condemn in the ...
Modi seeks deeper pharma ties in Argentina, Trinidad
The BRICS remains a powerful force for economic cooperation and global good, Prime Minister Narendra Modi said on Sunday as several top leaders of the member nations of the grouping converged in this seaside Brazilian city to hold summit talks. Chinese President Xi Jinping and his Russian counterpart Vladimir Putin skipped the summit, being hosted by Brazil in its capacity as the current chair of the influential grouping. The BRICS has emerged as an influential grouping as it brings together 11 major emerging economies of the world, representing around 49.5 per cent of the global population, around 40 per cent of the global GDP and around 26 per cent of the global trade. BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025. Modi arrived here last night on the fourth leg of his five-nation tour. He has already visited Ghana, Trinidad and Tobago and
Brazil will play host to a summit of the BRICS bloc of developing economies Sunday and Monday during which pressing topics like Israel's attack on Iran, the humanitarian crisis in Gaza and trade tariffs imposed by US President Donald Trump are expected to be handled with caution. Analysts and diplomats said the lack of cohesion in an enlarged BRICS, which doubled in size last year, may affect its ability to become another pole in world affairs. They also see the summit's moderate agenda as an attempt by member countries to stay off Trump's radar. Brazilian President Luiz Inacio Lula da Silva will have some of his priorities, such as debates on artificial intelligence and climate change, front and center for the talks with key leaders not in attendance. China's President Xi Jinping won't attend a BRICS summit for the first time since he became his country's leader in 2012. Russian President Vladimir Putin, who will make an appearance via videoconference, continues to mostly avoid ...
Prime Minister Modi held wide-ranging talks with Argentine President Javier Milei, a day after landing at the South American nation in the third leg of his five-nation tour
During the 17th Brics Leaders' Summit (July 6-7), Prime Minister Modi will exchange views on key global issues, including peace and security, strengthening multilateralism, responsible use of AI
Rahul Gandhi targets PM Narendra Modi over looming US tariff deadline as India continues trade talks; failure to finalise a deal by July 9 could trigger 26 per cent duty on key Indian exports to US
India and Trinidad and Tobago on Friday inked six agreements to shore up their cooperation in several sectors, including infrastructure, pharmaceuticals and culture following talks between Prime Minister Narendra Modi and his counterpart Kamla Persad-Bissessar. The two leaders also explored potential collaboration in sectors such as agriculture, healthcare and digital transformation, unified payments interface (UPI), capacity building and people-to-people exchanges. Modi landed in Port of Spain on Thursday in the second leg of his five-nation tour. It is the first bilateral visit by an Indian prime minister to this Caribbean island nation since 1999. In her remarks during the delegation-level talks, Bissesar noted that Prime Minister Modi's "landmark visit" to Trinidad and Tobago will reinvigorate the deep-rooted bilateral ties between the two countries. On his part, Prime Minister Modi expressed appreciation for Trinidad and Tobago's strong support and solidarity to the people of
Prime Minister Narendra Modi on Friday left for Argentina in the third leg of his five-nation tour after concluding his two-day visit to Trinidad and Tobago during which the two countries inked six agreements to expand bilateral ties. Following talks between Prime Minister Modi and his Trinidad and Tobago counterpart Kamla Persad-Bissessar, the two countries inked six agreements to shore up their cooperation in several sectors, including infrastructure, pharmaceuticals and culture. The two leaders also explored potential collaboration in sectors such as agriculture, healthcare and digital transformation, unified payments interface (UPI), capacity building and people-to-people exchanges. Modi landed in Port of Spain on Thursday in the second leg of his five-nation tour. It was the first bilateral visit by an Indian prime minister to this Caribbean island nation since 1999. Prime Minister Modi is travelling to Argentina on a two-day visit at the invitation of Argentina President Javi
The voice of the developing world remains on the margins and India will work with its partners to give the Global South its "rightful seat" at the "right table", Prime Minister Narendra Modi said on Friday. In an address at the Parliament of Trinidad and Tobago, the prime minister said terrorism is the "enemy of humanity" as he underlined the need for standing united to deny terrorism any shelter or space. Modi said India brought the concerns of the Global South to the centre of global decision-making during its presidency of the G20. "Our development partnerships are demand-driven, respectful, and without conditions," he said in an apparent reference to distinguish India's approach for the Global South as against that of China. Delving into geopolitical headwinds, the prime minister talked about fundamental shifts in the nature of politics and power as well as growing global "divisions, disputes and disparities". Modi, who became the first Indian prime minister to address the ...
Talks of cultural connect, creating database for Girmitiya community
Terming terrorism as the enemy of humanity, Prime Minister Narendra Modi on Friday said the global community must stand united to deny it any shelter or space. In his address to the Joint Assembly of Parliament of Trinidad & Tobago, Prime Minister Modi also announced that the Caribbean nation will be a priority nation for India. "Terrorism is the enemy of humanity. This very Red House has itself witnessed the wounds of terror and the loss of innocent blood. We must stand united to deny terrorism any shelter or space," he said. The Prime Minister thanked the people and the government of the Caribbean nation for standing with India in its fight against terrorism. Modi said there are new challenges and the old institutions are struggling to deliver peace and progress. "At the same time, the Global South is rising. They wish to see a new and fairer world order," PM Modi said, pushing for long-pending reforms of the United Nations. Modi said he was humbled to be the first Indian Prime