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New Delhi has taken advantage of Western major pharma firms cutting ties with Moscow, the outlet has said India emerged as Russia's largest supplier of pharmaceuticals last year, filling the recent void left by previously dominant Western firms, RBK reported on Monday, citing data compiled by RNC Pharma. Indian manufacturers ramped...
The past few months have seen tremendous strides in India’s journey to develop a vibrant semiconductor and electronics ecosystem. The nation’s established prowess in information technology (IT) has earned it much-needed revenue and prestige across the globe. Now, through the convergence of engineering talent, supportive government policies, an expanding market...
The U.S. government recognizes Arunachal Pradesh as part of India and "strongly opposes" any unilateral attempts to advance territorial claims in the northeastern Indian state that shares a border with China, the U.S. State Department said on Wednesday. WHY IT IS IMPORTANT Nuclear-armed neighbors China and India share a 3,000-km (1,860...
External Affairs Minister S Jaishankar on Sunday expressed confidence in the future of India-Russia relations, and stressed that Moscow has always maintained a strong and positive relationship with New Delhi. EAM Jaishankar, while interacting with the Indian community during his visit to Singapore, said that both India and Russia have...
India criticised the Uniting for Consensus (UFC) model at the United Nations for “opposing” real reforms to the UNSC. The UFC model, started by Italy in the 1990s, primarily aims to counter bids for permanent seats in the United Nations Security Council by G4 nations – India, Brazil, Germany...
Germany has recently made significant strides in bolstering military cooperation with India by easing export restrictions and facilitating defence procurement. This move signifies a paradigm shift in bilateral relations, highlighting India’s growing importance as a strategic partner for Germany. What does this mean? According to sources, “The relaxation of licensing requirements...
India’s External Affairs Minister Subrahmanyam Jaishankar may disagree, but the country has failed to use its import trade muscle to improve its diplomatic relations with China. His recent statement on Sino-India relations at a gathering in Nagpur earlier this month that “a strife-torn border and good business can’t go...
Japan's and India's foreign ministers on Thursday agreed to step up security and economic cooperation as the two Asian countries look to boost their ties in the face of China’s growing influence in the region. Japanese Foreign Minister Yoko Kamikawa told a joint news conference after talks with her Indian...
NEW DELHI: India and Indonesia will soon begin to trade in local currencies. The Reserve Bank of India (RBI) and Bank Indonesia (BI) on Thursday signed and exchanged a Memorandum of Understanding (MoU) to establish a framework to promote the use of local currencies (Indian Rupee (INR) and Indonesian Rupiah...
Prime Minister Narendra Modi engaged in diplomatic conversations with the Presidents of Russia and Ukraine on Wednesday, reiterating India's steadfast commitment to peace amid the ongoing conflict between the two nations. Sources revealed that both Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin extended invitations to PM Modi to...