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New Delhi, Apr 9 (PTI) The World Bank on Thursday said India is well placed to weather the current global energy shock with ample buffers, including high foreign exchange reserves, fiscal space and low inflation, which will support growth despite global headwinds. Addressing a conference a day after raising India's GDP growth projections for the current fiscal to 6.6 per cent, the World Bank said India had dealt well the trade turbulence last fiscal and the Indian economy entered the current Mi ...Read More >
India will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall growth is expected to slow initially but recover. However, global uncertainties and energy market disruptions pose risks. Countries need reforms to sustain growth and create jobs. Other South Asian nations show varied growth projections. World Bank expects India to remain the primary engine of growth in South Asia, projecting the economy to expand 7.6% in FY26, ...Read More >
New Delhi [India], April 8 (ANI): Former Diplomat KP Fabian on Wednesday said that the Iran-US ceasefire is the most welcome development for the whole world. Fabian, in a conversation with ANI, said that sanity has been restored for US President Donald Trump, at least temporarily. "Separately, news stories suggest that Iran and Oman have agreed to a $2 million charge for passage, which they will share. What is particularly important is that even after the Iranian Foreign Minister mentioned the ...Read More >
Puri: Marking World Health Day, renowned sand artist and Padma Shri awardee Sudarsan Pattnaik on Tuesday created a striking sand sculpture at Puri Beach in Odisha, saluting frontline workers and spreading the message, 'Together for Health, Stand with Science'. The elaborate sculpture, standing approximately six feet tall, was crafted using several tonnes of sand and showcased Pattnaik's signature style of blending art with social messaging. Assisted by students from his sand art institute, the ...Read More >
New Delhi [India], April 7 (ANI): Prime Minister Narendra Modi on Tuesday expressed gratitude to healthcare workers and reaffirmed the government's commitment to strengthening healthcare systems on the occasion of World Health Day. In a post shared on X, the Prime Minister said, "On World Health Day, we express our gratitude to all those who dedicate themselves tirelessly to the service of others and work towards a healthier planet." Reiterating the government's focus on public health, he adde ...Read More >
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Dhaka: Barely a month and a half after Tarique Rahman's Bangladesh Nationalist Party (BNP) assumed office, the world is witnessing turbulence over the Iran war. Bangladesh, like many other countries, is also facing problems in getting enough fuel because of the unrest. It is putting pressure on the new government. To address these challenges, Prime Minister's Foreign Affairs Advisor Humayun Kabir recently toured Middle Eastern countries with an aim to strengthen Bangladesh's ties in the region ...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 >
Nicosia, April 4 (SocialNews.XYZ) Indian High Commissioner to Cyprus Manish on Saturday called on Cypriot President Nikos Christodoulides at the Presidential Palace in Nicosia, reviewing the preparations for the President's visit to India in May, 2026, at the invitation of Prime Minister Narendra Modi. According to the Indian Embassy in Cyprus, the two sides discussed the key deliverables under the India-Cyprus Joint Action Plan, with a focus on deepening cooperation across various sectors, inc ...Read More >
Nicosia: Indian High Commissioner to Cyprus Manish on Saturday called on Cypriot President Nikos Christodoulides at the Presidential Palace in Nicosia, reviewing the preparations for the President's visit to India in May, 2026, at the invitation of Prime Minister Narendra Modi. According to the Indian Embassy in Cyprus, the two sides discussed the key deliverables under the India-Cyprus Joint Action Plan, with a focus on deepening cooperation across various sectors, including trade, investment, ...Read More >
Former Union Minister and Congress leader Anand Sharma on Thursday (April 2, 2026) appreciated India's diplomatic and skilful handling of the West Asia crisis and urged it to be the leader of the Global South in de-escalating the hostilities in the region. In a statement, Mr. Sharma said the international community could not remain a "mute spectator" to the collapse of the rules-based multilateral order and global crisis-management mechanisms. "Indian diplomatic handling of the crisis has been ...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 >
ALSO READ | India will participate in key international talks on the Strait of Hormuz, with Foreign Secretary set to attend a meeting convened by the United Kingdom later today. Confirming the development, MEA spokesperson Randhir Jaiswal said multiple countries, including India, have been invited amid rising concerns over maritime security in the region. "The UK side has invited several countries, which also include India, for talks on the Strait of Hormuz. From our side, the Foreign Secretary ...Read More >
New Delhi, April 3 (SocialNews.XYZ) In a move aimed at strengthening India's maritime capabilities, the government said on Friday it has signed an agreement with the Korea International Cooperation Agency (KOICA) for a skill development project in the shipbuilding sector. The Ministry of Ports, Shipping and Waterways (MoPSW) said that the government signed a 'Plan of Implementation' with KOICA on April 2. The agreement is aligned with the Maritime Amrit Kaal Vision 2047 and seeks to position sh ...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, April 2: Senior Congress leader Anand Sharma on Thursday hailed India's diplomatic handling of the West Asia crisis as "mature and skilful", saying it has helped the country avoid "potential minefields". He also urged India to take the lead in mobilising the Global South and strategic-partner countries to collectively work towards the restoration of peace and order in the region. Lauding the efforts taken so far by New Delhi, Sharma said, "Indian diplomatic handling of the crisis ha ...Read More >
New Delhi: India is looking at preferential market access for its products in the US, commerce and industry minister Piyush Goyal said on Thursday, adding that the country's trade pact with the US is the 'best' as compared to its competitor countries. "Our relations are very robust. We have a deep strategic partnership on several aspects- technology, defence, trade and investments, and our approach is that India should get preferential market access," Goyal told reporters here as one year elaps ...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: Foreign Secretary Vikram Misri on Thursday represented India at a high-level international meeting convened by the UK Foreign Secretary to address the escalating situation in West Asia, particularly disruptions affecting critical maritime routes like the Strait of Hormuz. The virtual gathering brought together representatives from more than 60 countries to discuss the regional crisis, which has raised serious concerns over global energy supplies and maritime security. India, a major ...Read More >
New Delhi [India], April 2 (ANI): India has reiterated its commitment to United Nations Peacekeeping Operations, emphasising the crucial role its troops play in maintaining global peace and security. Addressing a media briefing in the national capital, the Ministry of External Affairs (MEA) Spokesperson Randhir Jaiswal highlighted India's contribution to the United Nations Interim Force in Lebanon (UNIFIL), where approximately 600 Indian troops are currently deployed. "Our troops under the aegi ...Read More >
New Delhi, Apr 2 (PTI) India stood alone at the recently concluded WTO meeting in Cameroon in opposing a China-led proposal on the Investment Facilitation for Development agreement, Commerce and Industry Minister Piyush Goyal said, asserting that it is 'better to stand alone for the right than to be in a crowd just to look good'. The Investment Facilitation for Development (IFD) agreement was first mooted in 2017 by China and other countries that depend heavily on Chinese investments, and count ...Read More >
New Delhi [India], April 2 (ANI): India has reiterated its commitment to United Nations Peacekeeping Operations, emphasising the crucial role its troops play in maintaining global peace and security. Addressing a media briefing in the national capital, the Ministry of External Affairs (MEA) Spokesperson Randhir Jaiswal highlighted India's contribution to the United Nations Interim Force in Lebanon (UNIFIL), where approximately 600 Indian troops are currently deployed. "Our troops under the aegi ...Read More >
New Delhi, April 2 (UNI) India is working towards bringing into force a free trade agreement with Oman from May 1, Commerce and Industry Minister Piyush Goyal said on Thursday at a presser after a series of engagements at the 14th Ministerial Conference of the World Trade Organization in Cameroon. Highlighting the outcome of his bilateral meeting with Oman's leadership, Goyal said, "We are working towards bringing into effect the agreement with Oman... on 1st of May 2026," signalling a key step ...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 >
New Delhi [India], April 2 (ANI): The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have agreed to form a coordination group to maximize their institutions' response to the energy and economic impact of the war in the Middle East. According to a joint statement by the organizations, the decision followed an assessment of the significant disruptions currently affecting global markets. "The Middle East war has caused major disruptions to ...Read More >
New Delhi [India], April 1 (ANI): China's Ambassador to India Xu Feihong on Wednesday underscored the importance of stable and cooperative relations between Beijing and New Delhi as the two countries marked the 76th anniversary of diplomatic ties. In a post on X, Xu said, "China and India are neighbours that cannot be moved apart," emphasising that it is in the mutual interest of both countries to remain "good-neighbourly friends and partners that help each other succeed". He described such co ...Read More >
New Delhi: Commerce Minister Piyush Goyal has said that consensus-based decision-making is the bedrock of the WTO's legitimacy, as the discussions related to reforms in the global trading system, electronic commerce, TRIPS non-violation and the package for least developed countries (LDCs) will now continue in Geneva. The minister's statement comes after the conclusion of the 14th Ministerial Conference of the WTO at Yaounde in Cameroon on Monday, where he led the Indian delegation. Goyal empha ...Read More >
New Delhi: Commerce Minister Piyush Goyal has said that consensus-based decision-making is the bedrock of the WTO's legitimacy, as the discussions related to reforms in the global trading system, electronic commerce, TRIPS non-violation and the package for least developed countries (LDCs) will now continue in Geneva. The minister's statement comes after the conclusion of the 14th Ministerial Conference of the WTO at Yaounde in Cameroon on Monday, where he led the Indian delegation. Goyal empha ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguard against non-violation complaints against intellectual property policies. With no agreement, the e-commerce moratorium lapsed for the first time in 26 years, opening the door for countries to impose customs duties on digital transmissions. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO rem ...Read More >
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on "non-violation complaints" (NVCs) under the TRIPS Agreement also expired for the first time since 1995. This opens the doors for countries to move WTO in case treaty ...Read More >
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