The US administration is not hiding its concern over India’s intention to participate in military exercises organized by Russia, White House spokeswoman Karin Jean-Pierre said today. Last month Moscow announced military exercises called Vostok (East) from August 30 to September 5 amid the war in Ukraine. According to the Chinese Ministry of Defense, troops from […]
Tag: India
India’s status as world’s fastest growing major economy will be short-lived – Reuters poll
It is likely that the India has posted strong double-digit economic growth in the last quarter, but economists polled by Reuters expect the rate to more than halve this quarter and slow further towards the end of the year as interest rates rise, according to the latest survey published on Monday. Key results yesGrowth this […]
Handelsblatt: Global businesses disengage from China and now prefer to invest in SE Asia and India
Handelsblatt sees a trend of “disengaging” from China and turning to Southeast Asia and India on the part of large companies. In more detail, according to the relevant publication, Vietnam supports its rapid economic rise with colorful structural elements. For a billion dollars, toy maker Lego is planning a new factory in an industrial park […]
India will tell the US that a broader consensus is needed to impose a ceiling on Russian oil
India will seek a broader consensus before backing US-led efforts to cap the price of Russian oil, something US officials are expected to push for this week when they travel to Mumbai and New Delhi, according to the Bloomberg agency. India, which has emerged as one of the biggest buyers of Russian oil after the […]
A Chinese military ship left Sri Lanka
A Chinese military research ship that sailed into Sri Lanka’s Chinese-built port of Hambadota despite India’s backlash left on Monday after a week there, the port company told Reuters. Analysts say the Yuan Wang 5 is part of a group of Chinese ships that monitor the launches of satellites, missiles and intercontinental ballistic missiles. India, […]
India: Death toll from floods and landslides rises to 50
At least 50 people have died in floods and landslides caused by monsoons in northern and eastern India, according to the Hindustan Times. Most of the victims (36) are from the state of Himachal Pradesh, where the fate of five people is still unknown. Houses, roads and bridges were destroyed, while tourists were stranded in […]
Bloomberg: India may import wheat against Modi’s vision to ‘feed the world’
Indian Prime Minister Narendra Modi has boldly declared that his country is ready to “feed the world” following Russia’s invasion of Ukraine. Less than four months later, the government must consider importing grain, Bloomberg notes. Even before Modi made that pledge, a record-breaking heat wave that began in March threatened India’s wheat production. This reduced […]
Sanctions against Russia are driving up the prices of older tankers
The fallout from Russia’s invasion of Ukraine continues to roil the shipping market, with more and more older tankers being used on the lucrative route of transporting Russian oil to China and India. As Bloomberg reports, at least four tankers aged 15 and older have joined the fleet of vessels delivering Russian oil from the […]
The Chinese military will send troops to Russia for joint military exercises
LAST UPDATE: 13.35 Chinese soldiers will travel to Russia to participate in joint military exercises with Russia and other countries including India, Belarus and Tajikistan, China’s Defense Ministry announced on Wednesday, according to Reuters. China’s participation in the joint exercises is “irrelevant to the current international and regional situation,” the ministry said in a statement. […]
Macron and Modi want to work together to end the war in Ukraine
French President Emmanuel Macron and Indian Prime Minister Narendra Modi agreed on Tuesday to “work together to end the conflict” in Ukraine, the Elysees said in a press release. The two leaders exchanged views by phone on “the war that Russia is waging in Ukraine and its destabilizing consequences for the rest of the world,” […]