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New Delhi: The Congress on Thursday attacked the Centre over India withdrawing its bid to host the COP33 climate summit in 2028, and said it reflects the Modi government's true commitment to the 2015 Paris Agreement both in letter and spirit. The opposition party said the decision also calls into question the government's true commitment to take on more ambitious carbon mitigation goals in the short and medium term. Congress general secretary and former environment minister Jairam Ramesh recall ...Read More >
New Delhi [India], April 9 (ANI): Congress MP Jairam Ramesh on Thursday questioned the Centre for withdrawing its proposal to host the 33rd Conference of the Parties (COP 33) of the United Nations Framework Convention on Climate Change (UNFCCC) in 2028, saying that the move does not reflect a commitment towards the 2015 Paris Agreement. Jairam Ramesh questioned the Prime Minister Narendra Modi-led government's commitment to fulfilling India's carbon mitigation goals. He also alleged that the Mo ...Read More >
New Delhi [India], April 9 (ANI): Congress MP Jairam Ramesh on Thursday questioned the Centre for withdrawing its proposal to host the 33rd Conference of the Parties (COP 33) of the United Nations Framework Convention on Climate Change (UNFCCC) in 2028, saying that the move does not reflect a commitment towards the 2015 Paris Agreement. Jairam Ramesh questioned the Prime Minister Narendra Modi-led government's commitment to fulfilling India's carbon mitigation goals. He also alleged that the Mo ...Read More >
New Delhi: The Congress on Thursday attacked the Centre over India withdrawing its bid to host the COP33 climate summit in 2028, and said it reflects the Modi government's true commitment to the 2015 Paris Agreement both in letter and spirit. The opposition party said the decision also calls into question the government's true commitment to take on more ambitious carbon mitigation goals in the short and medium term. Congress general secretary and former environment minister Jairam Ramesh recal ...Read More >
New Delhi, Apr 9 (PTI) The Congress on Thursday attacked the Centre over India withdrawing its bid to host the COP33 climate summit in 2028, and said it reflects the Modi government's true commitment to the 2015 Paris Agreement both in letter and spirit. The opposition party said the decision also calls into question the government's true commitment to take on more ambitious carbon mitigation goals in the short and medium term. Congress general secretary and former environment minister Jairam ...Read More >
Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >
New Delhi: India has withdrawn its offer to host the 33rd session of the UN climate conference (COP33) in 2028. The country has communicated its decision, expressing inability to host the conference "following a review of its commitments for the year 2028".Though India has so far not formally announced its decision, officials in the environment ministry confirmed communication of withdrawal to the concerned body without extending any further explanation.India's proposal to host COP33 was first m ...Read More >
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the government's prudent fiscal management over the last decade has created room for the RBI to cut rates and allow the Centre to offer targeted support to affected sectors."It is also important to note that a good public finance policy improves the counter-cyclical capacity of fiscal policy - especially the ability to 'lean against the wind' in economic downturn. Today, many countries with high debt and large deficits have no room to ...Read More >
New Delhi [India], April 6 (ANI): Finance Minister Nirmala Sitharaman on Monday said the global economic landscape has moved from a phase of isolated shocks to one of "permanent volatility", underlining rising uncertainty due to geopolitical tensions and economic disruptions. Addressing the Golden Jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman pointed to several global challenges that have reshaped the world economy in recent years. "The current year ...Read More >
Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, have met on the sidelines of a WTO event India and China have held talks aimed at expanding bilateral trade, on the sidelines of the World Trade Organization's ministerial conference, Commerce Minister Piyush Goyal has said. The talks between Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, come amid a thaw in trade tensions "Met Mr. Wang Wentao, Minister of Commerce of China, on the sidelines of ...Read More >
New Delhi: Global rating agency Moody's Ratings slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 percent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks as well. "While inflation remains contained for now, geopolitical risks have tilted the inflation outlook to the upside," Moody's said in its credit opinion report on India, while projecting inflation to average 4.8 per cent in FY27, up from 2.4 per ...Read More >
New Delhi: Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision seems imminent." Also r ...Read More >
New Delhi: Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 per cent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imp ...Read More >
New Delhi [India], April 5 (ANI): Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision s ...Read More >
Last month in March, Chinese Foreign Minister called for enhanced cooperation between India and China. Consul General of the People's Republic of China in Mumbai, Qin Jie, spoke about the future of India-China ties and expressed optimism as he recalled the meeting between PM Modi and President Xi Jinping. He added that the BRICS Summit, which will take place in New Delhi, will provide an opportunity to further deepen ties. The Consul General told reporters, "For the future of the relationship ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
New Delhi [India], April 2 (ANI): A Russian Parliamentary Delegation led by HE Vladimir Yakushev, First Deputy Chairperson, Federation Council of the Federal Assembly of the Russian Federation, called on Lok Sabha Speaker Shri Om Birla in Parliament House on Thursday, Lok Sabha Secretariat said in a release. Welcoming the distinguished Russian delegation, the Speaker congratulated Yakushev on his appointment as Chairman of the Parliamentary Friendship Group of the Federation Council. The Speake ...Read More >
New Delhi [India], April 2 (ANI): Union Commerce and Industry Minister Piyush Goyal on Thursday asserted that India is pushing for "preferential access" and the "best possible deal" in its ongoing trade engagement with the United States, underlining that the country is currently in a "very sweet spot" among emerging economies. "Our approach is that India should get preferential access, market access and, having got the best deal compared to any of our competitors or any other emerging or develo ...Read More >
In a significant step following the recent thaw in bilateral ties, an Indian business delegation has travelled to China, marking the first such visit in over five years after relations were frozen due to the 2020 Eastern Ladakh military standoff.A delegation from the Punjab, Haryana, Delhi Chambers of Commerce and Industry (PHDCCI) is currently visiting Shanghai and Jiangsu province--one of China's most industrialised regions--from March 29 to April 4, reported news agency PTI.The visit comes af ...Read More >
Jammu, Mar 30: "Vande Mataram is our identity, strength, and vow. It is not just verses but a profound experience woven into our civilization's fabric. Vande Mataram singing and related events revives memories of immortal martyrs, honors their sacrifices, and renews our commitment to India's glory," the Lieutenant Governor Manoj Sinha said this on Monday. He called upon every section of society to share one dream: making India the world's greatest nation. "We must unite to realize it. When eve ...Read More >
JAMMU, Mar 30: "Vande Mataram is our identity, strength, and vow. It is not just verses but a profound experience woven into our civilization's fabric. Vande Mataram singing and related events revives memories of immortal martyrs, honors their sacrifices, and renews our commitment to India's glory," Lieutenant Governor Manoj Sinha said today. He called upon every section of society to share one dream: making India the world's greatest nation. Follow the Daily Excelsior channel on WhatsApp "We ...Read More >
Jammu: "Vande Mataram is our identity, strength, and vow. It is not just verses but a profound experience woven into our civilisation's fabric. Vande Mataram singing and related events revives memories of immortal martyrs, honours their sacrifices, and renews our commitment to India's glory," the Lieutenant Governor Manoj Sinha said on Monday. He called upon every section of society to share the dream of making India the world's greatest nation. "We must unite to realise it. When every citizen ...Read More >
Jammu, Mar 30 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said that despite global turmoil over the past decade, India has maintained its position as the world's fastest-growing major economy due to its leadership. Addressing the closing ceremony of a special phase marking 150 years of the Vande Mataram celebrations at Abhinav Theatre here, the LG said that the crises ranging from Ukraine to West Asia had impacted most nations, but "under the able leadership and guidance o ...Read More >
BENGALURU: Indian restaurant MadCo took the tough call this week to remove some menu favourites, including bone marrow -- a beef bone cut in half and slowly roasted, in an attempt to save cooking gas as the Iran war disrupts supply chains. Far from the Middle East, restaurants in the world's fastest-growing major economy are feeling the heat of the conflict with cooking gas shortages. "We saw it coming, but didn't expect it to hit us this quickly," said MadCo's director Santosh Abraham, adding ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
New Delhi [India], February 23 (ANI): Union Minister of Commerce and Industry Piyush Goyal held high-level discussions with ministers from Tajikistan and Cambodia to expand bilateral trade and investment ties across multiple sectors. The meetings focused on deepening economic cooperation and unlocking new business opportunities between India and these nations. Goyal detailed the scope of these international partnerships on X. "Held a productive meeting with Mr. Sherali Kabir, Minister of Indust ...Read More >
New Delhi: National Payments Corporation of India (NPCI) on Monday said that 'UPI One World' wallet services will be available for international visitors attending the ongoing five-day India AI Impact Summit. Through this pilot initiative, inbound foreign travellers will be able to make secure and real-time Person-to-Merchant (P2M) UPI payments during their visit to India.Visitors can use the wallet service without an Indian mobile number or bank account."The 'UPI One World' wallet is available ...Read More >
ADDIS ABABA, Ethiopia (AP) India's prime minister on Wednesday called for a strategic relationship with Ethiopia during his first visit to the country, one of Africa's most populous. The South is writing its own destiny, and India and Ethiopia share a vision on this," Prime Minister Narendra Modi told parliamentarians in a special address. "Our vision is that of a world where the countries of the South do not rise against anyone, but for everyone; a world where development is equitable, where ...Read More >
ADDIS ABABA, Ethiopia (AP) - The Indian prime minister called for a strategic relationship with Ethiopia Wednesday during his first visit to the country, one of Africa's most populous. "The Global South is writing its own destiny, and India and Ethiopia share a vision for it," Prime Minister Narendra Modi told parliamentarians during a special address. "Our vision is of a world where the Global South rises not against anyone, but for everyone; a world where development is fair, where technolog ...Read More >
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