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External Affairs Minister S Jaishankar has called for urgent measures to address the issue of widening trade deficit between India and Russia. He said while India's exports to Russia stood at only $2.24 billion in April-August this fiscal, imports soared to $27.35 billion during the period. The trade deficit is aggregated at $25.11 billion. The high trade deficit is mainly on account crude imports. The minister said Russia emerged as India's biggest supplier of crude oil, which is ...
Urgent measures needed to address issue of widening trade deficit between India, Russia: S Jaishankar
Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India's Unified Payment Interface (UPI) in the Maldives. The move is expected to bring significant benefits to the Maldivian economy, including increased financial inclusion, improved efficiency in financial transactions, and enhanced digital infrastructure, the President's Office said in a statement on Sunday. The decision was made after the Cabinet thoroughly discussed a paper submitt...
Maldivian President decides to introduce India`s UPI in Maldives
External Affairs Minister (EAM) S. Jaishankar, who is on a three-day official visit to Maldives, has discussed security, trade and digital cooperation with his Maldivian counterpart Moosa Zameer in Male. EAM Jaishankar landed at the Velana International Airport on Friday evening, where he was greeted by Foreign Minister Zameer, and headed towards Maldives' Ministry of Foreign Affairs. The two leaders also jointly inaugurated six High Impact Projects in areas of street lighting...
External Affairs Minister Jaishankar discusses security, trade cooperation with Maldivian counterpart
The Ministry of External Affairs will host the 1st BIMSTEC Business Summit here in association with the Confederation of Indian Industries (CII) from Aug 6 to 8, an official said on Monday. The first edition of the Business Summit aims to foster greater regional collaboration through robust trade and investment relations among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) which links five countries from South Asi...
India to host 7-nation BIMSTEC business summit this week
External Affairs Minister S. Jaishankar on Tuesday congratulated Union Finance Minister Nirmala Sitharaman for presenting a Budget that "advances the goal of a Viksit Bharat" and responds to the aspirations of the people who have given the NDA government a third successive mandate. "The 9 priorities highlighted by the Finance Minister will contribute to India's Comprehensive National Power. It will enhance our profile at the international stage," said EAM Jais...
Budget advances goal of Viksit Bharat: EAM Jaishankar
In order to compete with China on the economic front, External Affairs Minister S Jaishankar has said India should focus on manufacturing, a key sector which was ignored by governments before Prime Minister Narendra Modi came to power in 2014. Noting that tension at the border with China has caused ‘abnormality’ in New Delhi-Beijing relations, he said India's thinking is absolutely clear that unless there is peace and stability in the border areas, the ties between the two Asi...
India need to focus on manufacturing to compete with China on economic front: External Affairs Minister
External Affairs S. Jaishankar said on Wednesday that in the country’s journey to Viksit Bharat @2047, no citizen of India will be left behind. “While understanding that everybody cannot move at the same pace, we all have to firm up to move forward. It is also important to create a social welfare system," the Minister said while speaking at an interactive session on Viksit Bharat @2047 organised by the PHD Chamber of Commerce here. Appreciating PM Narendra Modi fo...
No Indian citizen will be left behind in journey to Viksit Bharat@2047: EAM Jaishankar
As India sees robust growth, sweeping reforms, radically improved governance, fiscal discipline, infrastructure progress, rapid digitisation and focus on developing skills, we must recognise that our economic priorities will have to align with our strategic interests, External Affairs Minister (EAM) S. Jaishankar said here on Friday. Addressing the 'CII Annual Business Summit 2024' in the capital, EAM Jaishankar said the embassies will continue to extend their fullest support to th...
Economic priorities will have to align with our strategic interests: EAM Jaishankar
India on Monday signed a 10-year contract with Iran to develop and operate the Shahid Beheshti terminal at Chabahar port on Iran's south-eastern coast. The contract was signed in Tehran by India Ports Global Ltd (IPGL) and the Ports and Maritime Organisation of Iran in the presence Union Ports, Shipping and Waterways Minister, Sarbananda Sonowal, the Indian Embassy in Iran posted on X. Under the agreement, government-owned IPGL will invest about $120 million while there will be an a...
India signs 10-year pact to operate Chabahar Port in Iran
External Affairs Minister Dr S Jaishankar concluded his Nepal visit on January 05. He shared glimpses of his 2-day visit to the country. Commencing on January 4, EAM Jaishankar embarked on his first visit of 2024, initiating discussions with Nepal President Ram Chandra Paudel in Kathmandu.
EAM S Jaishankar concludes his 2-day Nepal visit, shares glimpses
External Affairs Minister Dr S Jaishankar offered prayers at Pashupatinath Temple in Nepal on January 05. Dr Jaishankar prayed for the well-being of our two peoples and India-Nepal ties. He also planted Rudraksha saplings at the temple premises. India’s EAM Dr S Jaishankar arrived in Kathmandu, Nepal on January 04. He was welcomed by Nepal Foreign Minister NP Saud. EAM S Jaishankar is on a two-day visit to Nepal from January 4-5. He co-chaired the 7th meeting of India-Nepal Joint ...
EAM S Jaishankar offers prayers at Pashupatinath Temple in Nepal
External Affairs Minister (EAM) S Jaishankar has said that the year 2024 will continue to be turbulent for the world but India is well-positioned politically and economically to navigate the challenges, maintain its rising global role and its path of development. He said India is well-placed to look at 2024 with a fair deal of confidence. The minister said ‘today where we are positioned, where we are positioned politically, where we are positioned economically, when you look at a lot...
India well positioned politically and economically to navigate challenges in 2024: EAM
External Affairs Minister Dr S Jaishankar, in an exclusive interview with ANI Editor Smita Prakash, talked about his new book ‘Why Bharat Matters’. EAM said that he tried to give it a Ramayana-type relevance in his book. He said, “I think a mixture of all of them. The diplomat in me has the domain knowledge and the experience. The politician in me feels the need to communicate that to the everyday world. If there are two sagas or two stories all of us have grown up with, the...
`Tried to give it a Ramayana-type relevance` EAM Jaishankar on his new book `Why Bharat Matters`
External Affairs Minister S Jaishankar was impressed by a Russian Indologist on December 28 who delivered her speech in Hindi lauding the ancient literature and Hindi poets. EAM Jaishankar attended Rountable event with Indologists in Saint
Russian Indologist impresses EAM S Jaishankar with `Ramcharitmanas ka Anuvad` in St Petersburg
External Affairs Minister Dr S Jaishankar met Russian President Vladimir Putin in Moscow on December 27. During the meeting, S Jaishankar highlighted the growing India-Russia ties. He also conveyed Prime Minister Narendra Modi’s greetings to Russian Prez Putin. Jaishankar said, “First of all, please allow me to convey the personal greetings of Prime Minister Modi...I would also, extensive like to take the opportunity to share with you, aspects of the progress that we have m...
`50 billion dollars in trade` EAM Jaishankar highlights growing India-Russia ties as he meets President Putin
External Affairs Minister (EAM) S Jaishankar has said India's trade with Africa today is in excess of $100 billion and is fairly evenly balanced. He said ‘27 African least developed countries (LDC) benefit from our duty-free tariff preferences and our expectation is that this trade will easily double in the coming decade. It's not just trade, India is among the top five investors in Africa. Our estimated capital today is in excess of $80 billion.’ EAM noted that i...
India`s trade with Africa in excess of $100 billion is fairly evenly balanced: EAM
Bhutan's King Jigme Khesar Namgyel Wangchuck will embark on a week-long visit to India from Friday, during which he is scheduled to meet Prime Minister Narendra Modi, External Affairs Minister S. Jaishankar and other senior government officials. The monarch will be accompanied by senior officials of the Bhutan government. During his visit which will continue through November 10, he will also visit Assam and Maharashtra. India and Bhutan enjoy unique ties of friendship and coopera...
Bhutan's King Jigme Khesar Wangchuk to begin week-long visit to India tomorrow
External Affairs Minister S Jaishankar has said that in the next 25 years, the country's Amrit Kaal as espoused by Prime Minister Narendra Modi, India will strive to be a developed country and it is logical' that it also seeks to be a global power.Jaishankar said ?India is now the fifth largest economy in the world, obviously your interests are more, your responsibilities are more, your contributions are more. There will be many more countries and regions with which you are linked. So one par...
India strives to be developed country in next 25 years: S Jaishankar
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