New Delhi, May 24 (IANS) US Secretary of State Marco Rubio said on Sunday that India and the US are strategically aligned on several key global issues, including critical minerals, supply chains and terrorism. He called India “one of the most important strategic partners” for the US in the world. While addressing a joint press briefing with External Affairs Minister S Jaishankar on Thursday, Rubio said that India and the US have suffered due to global terrorism networks. He noted that India and …
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New Delhi, May 20 (IANS) South Korean President Lee Jae Myung’s recent visit to India resulted in further deepening of economic relations between the two countries, but there is a need for Seoul to seize the opportunity to build a broader strategic partnership with India, which would help mitigate its acute vulnerabilities in maritime security, supply chains, and technological resilience, according to an article in The Korea Times.India, for its part, sees South Korea as a vital source of inve…
Washington, May 19 (IANS) US Vice President JD Vance said the Trump administration was rebuilding American manufacturing after decades of industrial decline, arguing that Washington had finally begun prioritising domestic workers and reducing dependence on overseas production hubs such as China.In a major policy speech in Kansas City, Missouri, Vance said the administration’s economic agenda as a direct response to years of factory closures and job losses in industrial communities across the U…
New Delhi, May 12 (IANS) Union Commerce and Industry Minister Piyush Goyal on Tuesday said India and Chile reviewed the progress of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) and discussed ways to further strengthen bilateral trade, investment and strategic cooperation between the two countries.In a post on social media platform X, Goyal said he held discussions over breakfast with Chile’s Foreign Minister Francisco Perez Mackenna and members of the Chile…
Mumbai, May 11 (IANS) India’s approach towards Free Trade Agreements (FTAs) is focused on building stable and future-ready partnerships that enable domestic industries to integrate more effectively with global value chains, Commerce Secretary Rajesh Agrawal said on Monday.Speaking at a session on “FTAs as Catalysts for Growth in Global Trade” during the CII Annual Business Summit 2026 here, Agrawal said that in an increasingly fragmented global landscape, trade resilience, long-term predic…
Bhopal, May 11 (IANS) Madhya Pradesh Chief Minister Mohan Yadav on Monday backed Prime Minister Narendra Modi’s appeal to citizens to adopt conservation measures in the wake of the global crisis and asked people to follow the suggestions in the national interest. Chief Minister Yadav discussed the Prime Minister’s appeal with the Council of Ministers during the weekly Cabinet meeting on Monday, according to a statement from his office.“PM Modi has urged citizens to adopt various measures f…
New Delhi, May 11 (IANS) India’s gross domestic product (GDP) is expected to grow 6.6 per cent in fiscal 2027 while retail inflation will average 5.1 per cent in FY27 amid the geo-political tensions, a report said on Monday.Prolonged closure of the Strait of Hormuz has pushed Brent crude price forecasts up to $90‑95 per barrel from $82‑87 previously and is expected to keep crude oil prices elevated for longer, the report from Crisil Ratings said.The ongoing conflict has underscored the imp…
New Delhi, May 11 (IANS) India-Vietnam ties have been making steady progress beyond the headlines with the elevation of the Comprehensive Strategic Partnership. Not just defence, the two nations are interested in boosting trade and finance as was showcased during Vietnamese President To Lam’s recent State Visit to India in May, a report has stated. To Lam’s visit to New Delhi within the first month of being elected as Vietnam’s President demonstrates the strength of the partnership with India. T…
New Delhi, May 11 (IANS) Orchestration‑led business models hold relevance to $130–150 billion of the global specialty chemicals market and could expand to $200–250 billion by 2030 as formulations grow more complex and supply chains fragment, a report said on Monday. The report from consulting firm Redseer said India’s strength in process chemistry, formulation capabilities, and execution scale places it in a very strong position to participate in this shift.The global specialty chemicals…
Washington, May 9 (IANS) India is pushing for the “democratisation of AI” while expanding technology cooperation with the United States, Ambassador Vinay Kwatra said at the US-India AI and Emerging Technology Forum.Speaking at an event here, Kwatra said the recent AI summit in India brought together global leaders, scientists and industry to shape a shared vision.“One of the driving thrust…was eventually the democratisation of AI,” he said.He explained the idea as wider access to AI ou…