Singapore, May 29 (IANS) India and Canada on Friday discussed ways to strengthen defence cooperation while exploring opportunities for deeper collaboration across several other sectors. The discussions were held during a meeting between Defence Secretary Rajesh Kumar Singh and Canada’s Senior Associate Deputy Minister of National Defence Kelvin Brosseau on the sidelines of the Shangri-La Dialogue in Singapore.In a post on X, Ministry of Defence’s Directorate of Public Relations stated, “Both sid…
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New Delhi, May 29 (IANS) India has climbed to fifth place in global digital economy rankings and ranked fourth on the CHIPS‑AI index, marking accelerating digital momentum in an increasingly competitive environment, a report said on Friday.The report from the ICRIER‑Prosus Centre for Internet and Digital Economy (IPCIDE) said that the study among 71 countries, covering 96 per cent of global GDP, revealed that “India outpaced major developed economies, including Germany, France, Japan and Can…
New Delhi, May 29 (IANS) Cumulative investments of nearly $360 billion in infrastructure development over the last decade have translated into estimated annual savings of $123–133 billion for the Indian economy, a joint report said on Friday.The joint report from CII and Knight Frank India said the India’s logistics cost have been slashed to about 10–10.7 per cent of GDP in FY 2026, from 13–14 per cent of GDP a decade ago due to infrastructure investments.The firm said that the country’s…
Singapore, May 29 (IANS) Defence Secretary Rajesh Kumar Singh held a meeting with Chair of the North Atlantic Treaty Organization (NATO) Military Committee Admiral Giuseppe Cavo Dragone on the sidelines of Shangri-La Dialogue in Singapore on Friday. During the meeting, the discussions focused on enhancing strategic dialogue and evolving global security challenges.In a statement shared on X, Directorate of Public Relations, Ministry of Defence, stated, “Defence Secretary Shri Rajesh Kumar Singh i…
Washington, May 29 (IANS) The United States sanctioned many companies, individuals and vessels as part of a sweeping new crackdown on Iran’s oil and petrochemical trade, accusing them of helping facilitate transactions involving Iranian-origin products.The US Department of State announced sanction on several companies linked to what it called Iran’s “shadow oil economy”, saying the measures are intended to cut off revenue used by Tehran to fund destabilising activities and support its military a…
New Delhi, May 28 (IANS) India’s engineering goods exports maintained their growth momentum at the start of FY2026-27, rising despite logistical and production disruptions caused by the ongoing conflict in West Asia, as per industry data released on Thursday.As per EEPC India, engineering exports increased 8.78 per cent year-on-year to $10.35 billion in April 2026, compared with $9.52 billion in the same month last year.The growth was primarily driven by strong performance across key product s…
Seoul, May 28 (IANS) South Korea’s Defence Minister Ahn Gyu-back will travel to Singapore later this week to attend an annual security forum, his ministry said on Thursday, amid an increasingly volatile security landscape, highlighted by the Middle East conflict. Ahn will attend the 23rd Asia Security Summit, also known as the Shangri-La Dialogue, from Friday through Sunday, where he will be joined by his counterparts of key nations, including the United States, Japan and other European and Indo…
Singapore, May 27 (IANS) India’s HS Prannoy upset World No. 5 Jonatan Christie of Indonesia 10-21, 21-12, 21-18 in a 61-minute men’s singles battle on Day 2 of the Singapore Open at the Singapore Indoor Stadium.Lakshya Sen defeated China’s Lu Guang Zu 21-17, 21-15, and mixed doubles pair Dhruv Kapila and Tanisha Crasto advanced to the next round following a 21-14, 20-22, 21-13 victory over Malaysia’s Wong Tien Ci and Lim Chiew Sien.Former World No. 6 Prannoy made a strong comeback after droppi…
Guwahati, May 26 (IANS) The hearing in the case linked to death probe of iconic Assamese singer Zubeen Garg continued on Tuesday, with a Fast Track Court in Guwahati framing charges against seven accused people.The court of Fast Track Judge Sharmila Bhuyan framed charges after hearing arguments from both the prosecution and defence sides in connection with the case.Public prosecutor Ziaur Kamar, speaking to reporters after the hearing, said the court was satisfied with the submissions made durin…
New Delhi, May 26 (IANS) Despite geo-political headwinds, India’s services sector remained resilient as exports grew 13.4 per cent year‑on‑year to $37.24 billion while imports fell marginally to $16.66 billion, a report said on Tuesday.The report from B2K Analytics said strong performance in the services sector helped offset a widening merchandise trade gap driven by higher energy costs.India’s overall trade deficit, including merchandise and services, narrowed to $7.8 billion during the…