New Delhi, July 24 (IANS) The additional 10 per cent Section 301 tariff imposed by the US on imports from India is unlikely to significantly affect the country’s export competitiveness, as many rival exporting nations have been subjected to comparable or higher tariff rates, apex exporters’ body Federation of Indian Export Organisations (FIEO) said on Friday.The new tariff would increase the landed cost of Indian products in the US market, its overall impact should be viewed in the context o…
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New Delhi, July 23 (IANS) Pakistan’s inability to translate massive infrastructure investments under the China-Pakistan Economic Corridor (CPEC) into sustained industrial growth and economic competitiveness has emerged as the project’s biggest shortcoming, according to a new analysis.The report cited by Business Recorder argues that the debate surrounding CPEC has become polarized, with one side describing it as a transformational success that modernised Pakistan’s infrastructure and the other b…
Manila, July 23 (IANS) External Affairs Minister (EAM) S. Jaishankar on Thursday described attacks on merchant shipping and civilian infrastructure as “unacceptable”, stressing that commerce through international waterways must remain safe and free from disruptions. Addressing the 33rd ASEAN Regional Forum (ARF) Ministerial Meeting in Manila, EAM Jaishankar underscored the forum’s importance for discussing political and security issues in the Indo-Pacific amid global uncertainties.”Welcomed the …
New Delhi, July 20 (IANS) India is increasing engagement with Indo-Pacific middle powers as uncertainty is rising about the future of US security commitments in Asia. According to analysts, India is developing partnerships that enables nations with different strategic interests to cooperate without joining a formal alliance, a report has detailed. Prime Minister Narendra Modi was on a visit to Indonesia, Australia and New Zealand from July 6-11, where India signed several agreements with these I…
Washington, July 20 (IANS) US Secretary of State Marco Rubio will meet India and other Quad partners during a Southeast Asia visit, even as Washington and Beijing prepare for an expected US visit by Chinese President Xi Jinping in September. Rubio said the ASEAN Summit would be the primary focus of his visit. It would also give him an opportunity to hold bilateral and regional meetings.“This summit, ASEAN, is our primary way of engaging the region. We’re committed to it,” Rubio told report…
Canberra, July 18 (IANS) The rapid growth of India’s defence production and exports is opening new avenues for countries seeking to diversify their strategic partnerships. India’s ability to manufacture affordable arms and ammunition makes it an attractive partner for developing economies. For Australia, which is balancing fiscal pressures with capability requirements, collaboration through joint production with India’s defence sector is “real and worth pursuing”.While Prime Minister Narendr…
Hyderabad, July 14 (IANS) Mortal remains of three persons from Andhra Pradesh who were killed in a boat tragedy in Vietnam arrived at Rajiv Gandhi International Airport’s cargo terminal here on Tuesday.Andhra Pradesh Minister Kondapalli Srinivas received the bodies and consoled the family members.Earlier, the bodies of Mudiam Sreedhar (Kadapa), Gelli Jayalakshmi (Machilipatnam), and Ravi Teja (Hindupur) reached the Mumbai Airport. After completing all legal formalities in Mumbai, the mortal re…
Mumbai, July 13 (IANS) The flight carrying the mortal remains of the 15 Indian nationals who died in a boat accident near Phu Quoc Island in Vietnam arrived at Mumbai airport on Monday. “The flight transporting the mortal remains of the Indian nationals who had lost their lives in the tragic boat accident on 11 July in Phu Quoc has just arrived in Mumbai,” the Indian Embassy in Vietnam wrote on X.”The Embassy in Hanoi and the Consulate in Ho Chi Minh City will continue to coordinate with respect…
Hanoi, July 13 (IANS) The mortal remains of the 15 Indian nationals who died in the tragic boat accident in Vietnam’s Phu Quoc Island will be transported to India from Ho Chi Minh City on Monday, said the Indian Embassy in Vietnam. As many as 15 people, including 10 tourists from Tamil Nadu, were killed after a tourist boat carrying Indian visitors capsized off Phu Quoc Island on Saturday, turning what was intended to be a reward trip into a devastating accident.The Vietnam Airlines flight VN979…
Amaravati, July 12 (IANS) Andhra Pradesh minister Kollu Ravindra on Sunday consoled the family of Gelli Jayalakshmi (50), who was one of the three persons from the state who died in a boat capsize in Vietnam on Saturday. Jayalakshmi’s husband, Gelli Kishore, was injured and was admitted to a hospital in Vietnam.The minister visited their residence in Vijayawada. He met their children and assured them that Kishore is receiving the best medical treatment in Vietnam.He also spoke over the phone w…