Page 2 - Netherlands

Commerce secy visits Croatia, Netherlands to boost trade, investment ties

The April 22-26 visit came ahead of Prime Minister Narendra Modi's three-nation Europe tour to Croatia, Netherlands and Norway in May

India, Netherlands discuss ways to strengthen trade, investments ties

India and European nation Netherlands have discussed ways to boost trade and investments ties during the visit of Commerce Secretary Sunil Barthwal to Hague. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties. "Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening bilateral trade and economic ties. Discussions focused on enhancing collaboration through the joint trade and investment committee (JTIC) and advancing strategic economic cooperation," the department of commerce said in a post on X. In 2024-25, India's exports to the Netherlands rose by 1.75 per cent to USD 22.76 billion as against USD 22.36 billion in 2023-24. The imports during the period stood at over USD 5 billion. During this visit, the commerce ministry's Joint Secretary Saket Kumar also met senior officials in Hague to discuss advancing ...

Tata Steel to transform Netherlands operations, plans to cut 1,600 jobs

Tata Steel's Netherlands operations were impacted in FY24 due to a delay in the relining of one of the blast furnaces

India a major geopolitical power, want strategic ties with it: Dutch FM

India and the Netherlands are looking at firming up an ambitious agreement this year to facilitate cooperation in high technology areas such as semiconductors, Dutch Foreign Minister Caspar Veldkamp said on Tuesday. In a media interaction, Veldkamp said the Netherlands is also eyeing to firm up a strategic partnership with India as it is emerging as a major geopolitical power in the Indo-Pacific. "We want to conclude a strategic partnership with India," he said. Veldkamp is on a two-day visit to India. The Dutch foreign minister, answering a question on US President Donald Trump's tariff policy, said India and the European Union should work closely in dealing with challenges in the economic front. External Affairs Minister S Jaishankar held wide-ranging talks with Veldkamp on Monday, focusing on bilateral cooperation in areas of trade and investments, defence and security, innovation, and people-to-people ties. They also noted the vast potential of cooperation between India and t

Five wounded in Amsterdam stabbing; one suspect arrested, probe ongoing

Police have cordoned off the area and multiple ambulances have responded to the event. A trauma helicopter called to the scene has landed on the square

Dutch parliament asks govt to reduce dependence on US software firms

The vote comes a day after dozens of European tech firms called on the European Commission to create a sovereign infrastructure fund to invest in European technology

Bajaj Auto board approves Rs 1,364 cr investment in Netherlands arm

Bajaj Auto Ltd on Friday said its board has approved an investment of up to Euro 150 million (Rs 1,364 crore) in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. The board of directors at its meeting held on Friday have accorded approval to invest funds up to Euro 150 million in Bajaj Auto International Holdings BV, Netherlands (BAIH BV), the company said in a regulatory filing. The investment could be either in the form of equity capital, preference capital, loan -- convertible or otherwise, as may be determined in the due course, in one or more tranches, it added. The capital infusion will be made in one or more tranches depending on the fund requirements up to March 31, 2026, the company said. BAIH BV is a wholly-owned subsidiary of the company and is engaged in the business of investment. "The additional capital infusion by the company is to fund the needs of BAIH BV towards investment ..

Tata Steel Netherlands faces fines of almost 27 mn euros over emissions

Tata Steel Netherlands will face fines of almost €27 million ($28 million) if it doesn't take measures at its coke plaBy Charlotte Hughes-Morgan

Netflix fined by Dutch privacy watchdog over personal data violations

Increasing incidents of data breaches, growing public awareness for privacy, and a series of fines have raised the agency's profile

Dutch PM Schoof discusses strengthening ties with PM Modi over phone call

The Netherlands Prime Minister Dick Schoof said he had a telephonic conversation with Prime Minister Narendra Modi where they talked about strengthening relations between the two countries.Schoof said that they also discussed about the Russia-Ukraine conflict.In a post on X, Schoof said, "I just had my first phone call with Prime Minister Narendra Modi of India. We spoke about further strengthening the good relations between the Netherlands and India and about opportunities to work together more closely through a strategic partnership in areas like security, water, green hydrogen, agriculture, semiconductors and healthcare. We also discussed other matters such as the war in Ukraine."PM Modi called the Netherlands a 'trusted and valued partner'.In a post on X, PM Modi said, "Pleased to speak with PM Dick Schoof. The Netherlands is a trusted & valued partner. We are committed to advance and provide strategic dimension to bilateral ties in diverse sectors including water, ...

Europe's economy to suffer if chaos continues in France, Germany: Experts

Even before the French and German governments collapsed, Europe's economy had enough difficulties. Tepid growth and lagging competitiveness versus the US and China. An auto industry that's struggling. Where to find billions for defense against Russia? And now Donald Trump threatening tariffs. Solutions will be harder to find while the two countries that make up almost half of the eurozone economy remain stuck in political paralysis well into 2025. Where once there was the so-called French-German axis to push Europe ahead, now there's a vacuum. French Prime Minister Michel Barnier resigned Thursday after losing a vote of confidence, and while President Emmanuel Macron will appoint a successor, the new head of government will lack a majority. Elections are not constitutionally permitted until at least June. Germany's coalition led by Social Democratic Chancellor Olaf Scholz with the Greens and pro-business Free Democrats fractured in November, triggering an early election on Feb. 23.

Closely-watched climate case in Hague wraps up first week of testimony

A closely-watched international climate case that could yield guidance for governments around the world wrapped its first week of arguments before the top court of the United Nations in The Hague Friday. The case, though not binding, is expected to spell out what countries are legally required to do to combat climate change and help vulnerable nations fight its devastating impact. The push for the International Court of Justice to hear this case comes like much of the call to address climate change from island nations that are losing territory and fear they could disappear under rising seas. The UN General Assembly asked the court last year for an opinion on the obligations of States in respect of climate change. The stakes could not be higher. The survival of my people and so many others is on the line, Arnold Kiel Loughman, attorney general of the Pacific island nation of Vanuatu, told The Hague-based court. For years his country has spearheaded calls for reductions of the ...

Netherlands follows Germany, others in enforcing extra border checks

The Dutch government said on Monday that it will bring in extra checks at its land borders to combat irregular migration, similar to a policy brought in by Germany in September. It is the latest move by the country's hard-right government aimed at reining in immigration, as anti-foreigner sentiment surges across Europe. Dutch Migration Minister Marjolein Faber announced the policy in a press release after the move got the green light from the Cabinet. It is time to tackle irregular migration and migrant smuggling in a concrete way. That is why we will start reintroducing border controls in the Netherlands from the beginning of December, she said in a statement. The measure will take effect on December 9. Under European Union law, countries must give Brussels four weeks notice before restricting freedom of movement. Earlier this year, Faber told Brussels the Netherlands also wanted to opt out of EU refugees obligations. Geert Wilders, whose anti-immigration party won the largest sh

VIDEO: Israeli fans attacked in Amsterdam after football match; 10 injured

Amsterdam police detained several individuals for rioting. However, officials did not confirm whether those arrested were football fans or associated with pro-Palestinian protests

UEFA Nations League: Bosnia vs Germany, Hungary vs Netherlands live timings

Both Germany and Netherlands are tied at 4 points currently in Group C and will be hoping to take the spot on the night to make sure they get automatic qualification into the FIFA World Cup 2026 gr

Work-life paradise: This country has the shortest work week at 24.7 hours

While some countries enjoy short work weeks, India grapples with long hours and work-life balance struggles

Philips appoints Bharath Sesha as new managing director for India

At Philips, Bharath Sesha succeeds Daniel Mazon, who has moved to a global role at Philips headquarters in the Netherlands

'India has trade surplus with 151 nations; deficit with 75 during Jan-June'

India has recorded trade surplus with as many as 151 countries such as the US and Netherlands, while the country has a trade deficit with 75 nations including China and Russia during the first half of this year, according to think tank GTRI. The Global Trade Research Initiative (GTRI) said that India does not need to worry about the trade deficit from importing crude oil and coal, however, it must focus on reducing the industrial goods imports, especially from countries like China, as these threaten India's economic sovereignty. "Between January and June 2024, India had a trade surplus with 151 countries, representing 55.8 per cent of its exports and 16.5 per cent of its imports, totalling USD 72.1 billion," GTRI said in a report. The biggest surpluses were with the USA (USD 21 billion) and the Netherlands (USD 11.6 billion) during January-June this year. "India had a trade deficit with 75 countries, which accounted for 44.2 per cent of its exports and 83.5 per cent of its imports,

Dutch watchdog fines Uber $324 mn allegedly for not protecting driver data

The DPA said Uber transferred personal data to the United States and failed to appropriately safeguard the data

CreditAccess Grameen up for sale: Dutch owner seeks $2.7 billion valuation

The Amsterdam-based CreditAccess India B V holds a 66.56% stake in CreditAccessGrameen, and is aiming for a valuation of around $2.7 billion in the potential deal