(Bloomberg) — India’s cabinet relaxed investment rules for Chinese firms, an official said, marking a shift in New Delhi’s stance toward its largest neighbor and geopolitical rival. The panel of ministers approved the changes to the so-called Press Note 3 rules at its meeting on Tuesday, an official with direct knowledge of the matter said,…
Prime Minister Narendra Modi is on a two-day visit to Israel. Today is day 2 of his visit as the second prime minister. Modi was last in Israel in 2017, before his counterpart, Benjamin Netanyahu, reciprocated with a visit to India in 2018. On his first day, Modi received a rousing welcome from Israeli lawmakers…
India-US trade deal: Prime Minister Narendra Modi highlighted the relevance of the India-US trade deal during the National Democratic Alliance’s (NDA) Parliamentary Party meeting. The prime minister told NDA leaders that the coalition has been winning various elections due to its people-friendly policies and hard work. Parliamentary Affairs Minister Kiren Rijiju told reporters after the…
The announcement of a landmark India–US trade deal, including a reduction in reciprocal tariffs, has drawn reactions from business leaders, market experts, and industry bodies. Welcoming the move, stakeholders said the agreement could strengthen bilateral economic ties, and unlock long-term opportunities across sectors, even as they cautioned that the finer details will be crucial. Deal…
German Chancellor Friedrich Merz visited India on Monday as part of a trip aimed at strengthening economic and security cooperation between the European Union’s largest economy and India. Berlin and New Delhi are both navigating an increasingly unstable global environment, facing economic and geopolitical pressures stemming from the world’s two biggest economies, the United States…
The US administration, led by President Donald Trump, has asked the interim leader of Venezuela, Delcy Rodríguez, to exclusively partner with Washington on oil production and favor it when selling heavy crude, ABC reported. In addition to an exclusive partnership with the US, the Trump administration has demanded Venezuela to “kick out” China, Russia, Iran…
South Korea’s President Lee Jae Myung has arrived in Beijing for his first China trip since taking office, as Seoul looks to steady ties with a key economic partner at a time of rising regional tensions. Lee landed in the Chinese capital on Sunday, kicking off a four-day trip that will include a meeting with…
