Strengthening Bilateral Trade During Prime Minister Narendra Modi’s recent visit to Moscow, India and Russia agreed to advance their bilateral trade settlement using national currencies. This move aims to promote economic cooperation and reduce dependency on the US dollar. Russia’s Charge d’Affaires, Roman Babushkin, highlighted this as a significant point in the India-Russia joint statement. National Currency Settlement System According to a release by the Prime Minister’s Office (PMO), both sides will continue consultations to ensure the interoperability of their financial messaging systems. The statement emphasized the commitment to a…
Year: 2024
China Ready to Collaborate with India on Border Issues: Wang Yi to Ajit Doval
A Call for Cooperation Chinese Foreign Minister Wang Yi has expressed China’s willingness to work with India’s National Security Advisor Ajit Doval to address and manage the ongoing border issues between the two countries. This comes amid the prolonged border row in eastern Ladakh. Wang conveyed his readiness in a congratulatory message to Doval on his reappointment as India’s NSA and Special Representative for the India-China boundary discussions. Significance of China-India Relations Wang Yi emphasized the importance of China-India relations, noting that both countries, as the most populous developing nations…
Indian-Origin Doctor Performs UAE’s First Paediatric Living Liver Transplant: A Life-Saving Milestone
A Groundbreaking Surgery In a remarkable medical achievement, an Indian-origin doctor has successfully performed the first paediatric living liver transplant in the UAE. The groundbreaking procedure was conducted on four-year-old Razia Khan, who was born in Abu Dhabi and diagnosed with a rare genetic liver condition called Progressive Familial Intrahepatic Cholestasis type 3 (PFIC). The surgery was carried out by Dr. Rehan Saif and his team at Burjeel Medical City (BMC). A Family’s Struggle Razia’s family had already endured the heartache of losing their first daughter to the same condition…
Rajnath Singh Condoles Death of 5 Army Personnel in Kathua Terror Attack: ‘Deeply Anguished’
Kathua, Jammu and Kashmir — Defence Minister Rajnath Singh expressed profound grief on Tuesday over the death of five Indian Army personnel in a terrorist attack in Jammu and Kashmir’s Kathua district. Singh conveyed his sorrow on the social media platform X, stating, “I am deeply anguished at the loss of five of our brave Indian Army soldiers in a terrorist attack in Badnota, Kathua (J&K).” The attack occurred on Monday when a heavily armed group of terrorists ambushed a patrolling party in the Badnota area of Kathua, resulting in…
Modi 3.0: PM Modi Completes One Month in Office Amid Criticism from Congress Lists 10 Issues
Prime Minister Narendra Modi returned to power for a third consecutive term last month. He and his Council of Ministers took oath on June 9, marking the beginning of what is being termed as “Modi 3.0.” As the Modi 3.0 government completes one month, the Congress party on Tuesday (July 9) criticized Prime Minister Narendra Modi by highlighting several pressing issues. In a post on social media platform X, the Congress party enumerated various incidents and challenges that have occurred since Modi’s swearing-in for his third term. These included a…
Budget 2024: Centre May Relax Payment Rule for MSMEs
The government is considering relaxing the mandatory requirement for large corporations to pay Micro, Small, and Medium Enterprises (MSMEs) within 45 days of purchasing goods and services. This change aims to prevent large corporations from seeking alternative sourcing avenues. According to sources from the Press Trust of India (PTI), an official announcement regarding this matter is expected during the Budget presentation on July 23. Finance Minister Nirmala Sitharaman noted that any changes to this rule would have to be implemented in the full Budget under the new government, following representations…
Government Commits to Boosting Domestic Defence Production and Manufacturing Ecosystem
The Government has reaffirmed its commitment to enhancing domestic defence production and supporting the ecosystem to strengthen manufacturing in the country. This was highlighted by Defence Secretary Giridhar Aramane during his keynote address at a virtual seminar on quality reforms. In his address, Aramane emphasized the importance of achieving the set goals and stressed the need for attaining self-reliance (Atmanirbharata) in defence manufacturing. He pointed out the crucial role of all stakeholders, particularly the domestic defence industry, in realizing this vision. Lt Gen R S Reen, Director General of the…
Gautam Gambhir Appointed as India’s New Head Coach
In a significant development for Indian cricket, former India batter Gautam Gambhir has been appointed as the head coach of the Indian men’s cricket team. The Board of Control for Cricket in India (BCCI) made the announcement on Tuesday, marking the beginning of a new chapter for the national team. Gambhir, a key player in India’s 2011 World Cup-winning squad, has signed a three-year contract, succeeding the legendary Rahul Dravid. His appointment followed a rigorous selection process conducted by the three-member Cricket Advisory Committee, headed by Ashok Malhotra, via Zoom.…
Jasprit Bumrah and Smriti Mandhana Shine as ICC Players of the Month for June 2024
In a significant announcement yesterday, July 9, the International Cricket Council (ICC) named Indian pace bowler Jasprit Bumrah as the ICC Men’s Player of the Month for June 2024. This accolade follows Bumrah’s exceptional performance in the ICC T20 World Cup, where his remarkable bowling skills played a crucial role in securing India’s victory. Bumrah’s outstanding performance in the T20 World Cup was nothing short of phenomenal. He took an impressive 15 wickets in just 8 matches, earning him the prestigious title of Player of the Tournament. His contributions were…
Modi Bear Hugs Putin in Moscow, Marking Deep Ties Between Russia and India
Indian Prime Minister Narendra Modi’s recent visit to Moscow has underscored the enduring close relationship between India and Russia, despite ongoing efforts by Washington to draw Modi closer and isolate Russian President Vladimir Putin. Modi’s visit, his first to Russia since the Ukraine conflict began, featured a warm embrace with Putin, signaling India’s intention to maintain its deep ties with Russia. While the Biden administration has made significant diplomatic gestures to strengthen U.S.-India relations, including hosting Modi at a state dinner, the Indian leader’s warm interactions with Putin highlight the…