As Prime Minister Narendra Modi commenced his two-day visit to Seoul Monday, South Korea has offered to set up a $10-billion fund to support several of his ambitious projects, from bullet trains to smart cities, the country’s envoy to India Joon-gyu Lee has said. “My country is offering India a financial package amounting to a […]
India and Mongolia forged a strategic partnership, building on the “bonds of hearts and minds” over the “barriers of distance”, as Narendra Modi on Sunday became the first Indian prime minister to visit the landlocked northeast Asian nation which has declared India as its “third neighbour” as well as “spiritual neighbour”. The two countries also […]
Recalling the Kargil conflict of 1999 between India and Pakistan, former military strongman Pervez Musharraf on Sunday said New Delhi would never be able to forget the three-month-long battle when his armed forces “grabbed India by the throat”. “There was a second line force, too, which caught India by the throat and that was latter […]
Prime Minister Narendra Modi on Saturday said he shares a close friendship with Chinese President Xi Jinping, which he described as “plus one”. Addressing a 5,000-strong Indian community at the Shanghai Expo Centre here, Modi said ancient Chinese Buddhist scholar Hieun Tsang had written that in western India, especially Gujarat, there was a lot of […]
Twenty six pacts worth $22 billion! That was the sum and substance of the pacts signed between the businesses of India and China on Saturday, the major ones accounted for by the Adani and Bharti groups, coinciding with Prime Minister Narendra Modi’s visit here. The pacts were signed against the backdrop of Prime Minister Modi […]
In a worrying start to this fiscal, India’s merchandise exports declined sharply by 14 percent in April and stood at $22.05 billion due mainly to the overall conditions in the global market, while gold imports shot up by 85 percent. The exports contracted from $25.63 billion during April 2014. According to data on exports and […]
The World Bank’s private financing arm IFC said on Tuesday it will invest $25 million (about Rs.160 crore) in partnership with Tata Housing to finance affordable housing for low-income households across India. “IFC’s investment is the first step towards a long-term partnership to facilitate the development of affordable housing in India and other emerging markets,” […]
Global Internet services company Google will build its largest campus outside the US in Hyderabad with an investment of Rs.1,000 crore, announced Telanagana Information Technology Minister K. Tarakarama Rao on Tuesday. The minister, who is on a visit to the US, said the state government has signed a memorandum of understanding (MoU) with Google, which […]
The Australian Government will provide additional support to help the people of Nepal recover from the devastating earthquake. Our thoughts continue to be with the millions of people affected by this tragic event. Funding of an additional $10 million will provide critical assistance to help people rebuild their lives. It will support: women […]
I will visit Thailand on 8 May to take forward Australia’s extensive interests with an important regional partner. Australia and Thailand have a strong relationship based on shared strategic and economic interests. I will meet Prime Minister General Prayut Chan-o-cha and Deputy Prime Minister and Foreign Minister General Tanasak Patimapragorn to discuss our […]