Day: September 9, 2023

PM Modi Announces India-Middle East-Europe Corridor to Counter China’s Belt Road Initiative

Manish Kumar

PM Modi said india’s G20 presidency has become a symbol of inclusion, both inside and outside the country. In a big win for India’s G20 Presidency, a consensus was reached and the Delhi Declaration has been adopted at the mega Summit.  PM Modi Announces IndiIa-Middle East-Europe Corridor  The corridor would help to boost trade, transport energy resources and improve digital connectivity.  “The new India-Middle East-Europe Economic Corridor is a game-changing regional investment,” US President Joe Biden said.  “The India-Middle East-Europe Economic Corridor is nothing but historic,” European Commission President Ursula…

The West remains committed to Ukraine’s counter-offensive, but the harsh reality is that Kyiv’s objectives are no longer aligned with theirs: Experts

Manish Kumar

The West was unified in its condemnation of Russia’s illegal invasion of Ukraine on 24 February 2022.  Although not a member of NATO, Ukraine was provided with an unprecedented level of military support to combat Russian aggression.  Following the humiliating demise of the former Soviet Union, Putin aspired to make Russia great again, to become a global superpower, and to provide a counter to an expanding NATO.  But nobody anticipated a Russian invasion, despite Russia’s greater size, Ukrainian resistance was determined, brave and effective.  Russia’s military has been badly mauled…

PM Modi discussed the ways to deepen trade linkages and boost investments with UK PM Rishi Sunak

Manish Kumar

Sunak arrived in New Delhi on Friday for the G20 Leaders’ Summit  This is Rishi Sunak’s first official visit to India since he became UK’s Prime Minister.  Prime Minister Narendra Modi met his British counterpart Rishi Sunak on the side-lines of the G20 Summit here on Saturday and discussed ways to deepen trade linkages and boost investment.  Taking to X earlier, Sunak said G20 leaders are meeting at a time of enormous challenges and the world is looking to the G20 once again to provide leadership.  On arriving in India…

Indian stock market at record high; Sensex hits 64,000-mark, Nifty surpasses 19,000 points

Manish Kumar

Sensex jumped 621.07 points to hit its all-time high of 64,037.10 during afternoon trade. The NSE Nifty leaped 193.85 points to reach its lifetime peak of 19,011.25  Sensex and Nifty hit their record high levels on Wednesday amid a rally in the US and European markets as well as inflows of fresh foreign funds.  The 30-share BSE Sensex touched the record 64,000 mark, while Nifty scaled the 19,000 mounts.  Foreign investors have bought more than $16 billion worth of Indian stocks on a net basis so far in 2023 –…

Kim Jong Un hosts a paramilitary parade, attracting Chinese and Russian delegates, Tensions rise on the Korean Peninsula.

Manish Kumar

North Korea invited visiting Chinese delegates and Russian artists to a paramilitary parade featuring rocket launchers.  The event in the capital, Pyongyang, which began Friday night to celebrate North Korea’s 75th founding anniversary that fell on Saturday.  South Korean media speculated that the lack of Russian government officials at the festivities in Pyongyang could be related to preparations for a summit between Kim and Putin.  North Korea has not confirmed any plans for Kim to visit Russia.  The growing cooperation between China, Russia, and North Korea, and Chinese President Xi…

KL Rahul is set to make a comeback, and Sanju Samson was sent back home ahead of the IND vs. PAK clash in Colombo

Manish Kumar

Set to make a comeback after a long injury break, Indian star KL Rahul donned the wicket-keeping gloves in his team’s practice session.  Back-up player Sanju Samson has been sent back home from Sri Lanka.  The decision to send Samson to India was taken after Rahul joined the Indian squad in Sri Lanka.  Rahu generally plays as an opener in Test and T20 game formats and plays in the middle order in the ODIs.  He made his international debut in 2014 against Australia.  Rahul is the first Indian cricketer to…

U.S. chip firm Nvidia announced partnerships with Reliance, and Tata in deepening India’s AI bet

Manish Kumar

U.S. chip firm Nvidia announced AI partnerships with Reliance Industries and Tata Group   The deals with two of India’s largest business houses will help the U.S. chip firm deepen inroads into the emerging AI ecosystem of the South Asian nation.  Nvidia CEO met Prime Minister Modi to discuss India’s potential in the AI sector, just ahead of the G20 meet in New Delhi.  The Nvidia partnership will be used by India’s No.1 software services exporter, Tata Consultancy Services to build and process generative AI apps and a supercomputer.  In…

India and the US have mutually resolved all seven pending trade disputes at the WTO

Manish Kumar

India and the US resolve the last outstanding World Trade Organization dispute as Modi-Biden meets ahead of G20.  According to the Office of the United States Trade Representative, India consented to lower tariffs on various American goods.  It was issued after the meeting of Prime Minister Narendra Modi and United States President Joe Biden in Delhi.  Earlier, the seventh dispute was discussed during the visit of US Trade Representative Katherine Tai’s meeting with Commerce and Industry Minister Piyush Goyal meeting last month here.  PM Modi and the US President vowed…

Terrorist Wanted by India Shot Dead in Pakistan-Occupied Kashmir

Manish Kumar

A terrorist wanted in India was shot dead by unidentified gunmen inside a mosque in Pakistan-occupied Kashmir on Friday, officials said.  Riyaz Ahmad, alias Abu Qasim, affiliated with the proscribed Lashkar-e-Taiba, was one of the main conspirators behind the Dhangri terror attack on January 1  Seven people died and 13 were injured when terrorists struck Dhangri village in the Rajouri district and fired indiscriminately.  He was considered the brains behind the revival of terrorism in the twin border districts of Poonch and Rajouri.  This was the fourth such killing of…

296 Dead After Powerful 6.8 Magnitude Earthquake Hits Morocco

Manish Kumar

Preliminary count lists 153 injured  Most dead are in hard-to-reach mountain areas, official says  Marrakech residents report damage in the historic oldz city.  People flee houses in Casablanca, Rabat, and elsewhere.  Moroccan media reported it was the most powerful earthquake to hit the country to date.  In 2004, at least 628 people were killed and 926 injured when a quake hit Al Hoceima in northeastern Morocco. A powerful earthquake struck Morocco’s High Atlas Mountains late on Friday, killing at least 296 people, destroying buildings and sending residents of major cities…