By TNV Desk
This is a weekly foreign media digest that tells you how India has been covered in the global media from June 25, 2023 to July 01,2023
Bloomberg – Modi Pitches India to Investors in Meeting With Goldman Board
- Prime Minister Narendra Modi met board members and key leadership of Goldman Sachs Group Inc. in New Delhi and highlighted the opportunities India offers for global firms.
- “Highlighted India’s vast potential for growth, fuelled by recent reforms and a conducive business environment,” Modi said in a Twitter post after the meeting Wednesday evening. “Also spoke of how India offers several opportunities for global firms.”
- The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade. Goldman, which opened its first India office in Bengaluru in 2004, has deployed over $7 billion in capital since 2006, according to its website.
(For detailed report click on the link – https://www.bloomberg.com/news/articles/2023-06-29/modi-pitches-india-to-investors-in-meeting-with-goldman-board?leadSource=uverify%20wall )
Reuters – In a first, India gifts active warship to Vietnam
- An active duty missile corvette of the Indian Navy is on its way to Vietnam as a gift, the first warship given by India to any country.
- India and Vietnam have strengthened their ties in recent years, with a special focus on defence, as both countries are concerned over an increasingly assertive China.
- India has given smaller boats and military equipment to countries like Maldives and Mauritius in the past and a submarine to Myanmar.
- But the corvette for Vietnam is the first time India has given a warship to a Chinese neighbour with a coast on the South China Sea, where several countries have overlapping territorial claims.
- The gift was announced when Vietnam’s Defence Minister Gen Phan Van Giang visited India earlier this month. The warship was commissioned into the Indian Navy in 1991 and has been designed and produced within the country
(For detailed report click on the link – https://www.reuters.com/business/aerospace-defense/first-india-gifts-active-warship-vietnam-2023-06-28/ )
Reuters – Putin and Modi discuss Ukraine, armed mutiny in phone call
- Russian President Vladimir Putin discussed the situation around Ukraine and how Moscow had resolved an armed mercenary mutiny in a telephone call with Indian Prime Minister Narendra Modi on Friday, the Kremlin and New Delhi said.
- Moscow said that Modi had expressed support for what the Kremlin called the Russian leadership’s decisive actions in handling the mutiny by the Wagner mercenary group last Saturday.
- The Indian government said Putin, who will also join Modi on Tuesday for a virtual summit of the Shanghai Cooperation Organisation, informed the prime minister about the recent developments in Russia during their conversation.
- The call comes after the United States and India declared themselves “among the closest partners in the world” last week during a state visit to Washington by Modi.
- India has not condemned its old ally Russia over the invasion of Ukraine and have urged both sides to resolve their differences through diplomacy. Modi told Putin last year that “today’s era is not an era of war”.
- “While discussing the situation in Ukraine, PM (Modi) reiterated his call for dialogue and diplomacy,” New Delhi said in a statement.
(For detailed report click on the link – https://www.reuters.com/world/putin-modi-discuss-ukraine-armed-mutiny-phone-call-kremlin-2023-06-30/ )
Reuters – IT, auto stocks help Indian shares hit new highs
- Information technology (IT) and auto stocks helped India’s benchmark indexes hit fresh record highs on Friday, after robust economic data from the United States eased fears of a slowdown and improved broader sentiment.
- The Nifty 50 (.NSEI) rose as much as 1.21% to hit an all-time high of 19,201.70, before closing at 19,189.05. The S&P BSE Sensex (.BSESN) also gained 1.26% to settle at a fresh record of 64,718.56.
(For detailed report click on the link – https://www.reuters.com/markets/asia/indian-shares-may-open-higher-strong-us-data-eases-growth-fears-2023-06-30/ )
Reuters – Indian high court dismisses Twitter’s plea against government; slaps 5 million-rupee fine, lawyer says
- India’s Karnataka High Court on Friday dismissed Twitter’s plea challenging the federal government’s orders to block tweets and accounts and imposed a fine of 5 million rupees ($60,943.65), a lawyer for Twitter told Reuters.
- The court on Friday ruled that Twitter was served notices, to which it did not comply, India’s Deputy Minister for Information Technology Rajeev Chandrasekhar said in a tweet.
- The U.S.-based firm had last year asked the court to overturn some government orders to remove content from the social media platform.
- Last year, in a filing with the top court in the southern Indian state of Karnataka, Twitter had argued that some removal orders fell short of the procedural requirements of India’s IT act, Reuters had reported.
- The country’s IT act allows the government to block public access to content in the interest of national security, among other reasons.
(For detailed report click on the link – https://www.reuters.com/world/india/indian-high-court-dismisses-twitters-plea-against-govt-slaps-5-mln-rupees-fine-2023-06-30/ )
AP- Shooting kills 2 in India’s troubled northeast as opposition leader Rahul Gandhi visits region
- India’s top opposition leader Rahul Gandhi visited Thursday communities hit by weeks of violence and living in relief camps in a remote northeastern state as a shootout there claimed two more lives.
- The Kuki leaders say the Meitei Hindu community is comparatively well -off and that granting them more privileges would be unfair. The Meitei Hindus say employment quotas and other benefits for the Kuki tribespeople would be protected.
- Two -thirds of the state’s 2.5 million people live in a valley that comprises roughly 10% of the total area of Manipur. Along with the majority Meitei Hindus, the minority predominantly Christian Kukis and other tribes, the population of the state also has 8% ethnic Muslims.
(For detailed report click on the link – https://apnews.com/article/india-ethnic-clashes-northeast-1c27151b65c2a90fe39ab7152d0190fd
Arab News – India, Egypt raise ties to strategic partnership on Modi’s visit to Cairo
- Indian Prime Minister Narendra Modi and Egyptian President Abdel Fattah El-Sisi signed on Sunday a strategic partnership agreement, underscoring growing ties between the two countries that experts say can spark geopolitical and economic significance.
- Modi was awarded Egypt’s highest civilian honor, known as the Order of the Nile, during the trip that comes less than six months after El-Sisi’s visit to India earlier this year, when the leaders first announced plans to elevate their partnership.
- “The leaders discussed ways to further deepen the partnership between the two countries, including in trade & investment, defense & security, renewable energy, cultural and people to people ties.”
- Modi also visited on Sunday the historic Al-Hakim Mosque in Cairo, recently renovated with the help of the India-based Dawoodi Bohra community, and met with Grand Mufti Shawki Allam, Egypt’s Islamic jurist.
- (For detailed report click on the link – https://www.arabnews.com/node/2327691/middle-east )
AP – Egypt’s president gives highest honor to visiting Indian prime minister as ties improve
- Egyptian President Abdel Fattah el-Sissi on Sunday bestowed Indian Prime Minister Narendra Modi with Egypt’s highest honor as the two countries tightened their partnership.
- El-Sissi welcomed Modi at the presidential palace in Cairo with the Order of the Nile, the Egyptian presidency said in a statement. The leaders signed a declaration elevating Egyptian-Indo ties to a “strategic partnership,” which means the two nations agreed to intensify their cooperation and hold periodic talks, the statement said.
- Egypt and India share deep ties that date back to the 1950s, when they played key roles in founding the Non-Aligned Movement, which sought an alternative path at the height of the Cold War.
- Modi, who arrived in Cairo on Saturday, is the first Indian prime minister to pay a state visit to Egypt in more than two decades. His two-day stop came six months after el-Sissi was in New Delhi as an official guest at India’s Republic Day parade.
- Modi also invited the Egyptian leader to attend a summit of the Group of 20 leading rich and developing countries, which India will host in September.
- Following his talks with el-Sissi, Modi visited the famed Pyramids of Giza and a historic mosque, Cairo’s Al-Hakim, which was recently renovated with the help of the India-based Dawoodi Bohra community. He also paid tribute to Indian soldiers who died in World War I and are buried in the Heliopolis War Cemetery in Cairo.
(For detailed report click on the link – https://apnews.com/article/egypt-india-sissi-modi-russia-us-4463ce9507dc9ca36d74c6980b193c0d )
Saudi Gazette – Egypt, India forge strategic partnership with signing of joint declaration
- Egyptian President Abdel-Fattah El-Sisi and Indian Prime Minister Narendra Modi signed on Sunday a joint declaration to raise the level of cooperation between the two countries to strategic partnership, said Egypt’s Presidential spokesperson Ahmed Fahmy. Such a signing reflects the two countries’ will to strengthen bilateral relations and affirms the shared and extended heritage between the governments and people of Egypt and India, the presidential spokesperson affirmed.
- The declaration was signed after the two leaders met at Cairo’s Ittihadiya Palace to discuss topics of mutual interest such as increasing the volume of trade exchange, including of strategic commodities, as well as Indian investments in Egypt.
- An agreement to elevate the bilateral relationship to a “Strategic Partnership” was signed by the leaders. Three MoUs in the fields of Agriculture, Archaeology & Antiquities and Competition Law were also signed.”
- At the end of the meeting, the Egyptian president bestowed the Order of the Nile — the country’s highest state honor — on PM Modi.
- For his part, President El-Sisi expressed his trust in India’s leadership of the G20 as well as his country’s readiness to push discussions in constructive directions to reach optimal mechanisms to face energy crises, climate change, food shortages, as well as obtain financing for developing countries.
- Egypt is confident that India’s leadership will contribute to curbing the negative consequences of international challenges on global economy, El-Sisi asserted.
(For detailed report click on the link – https://saudigazette.com.sa/article/633696/World/Mena/Egypt-India-forge-strategic-partnership-with-signing-of-joint-declaration )
BBC – Madras high court: A new India verdict recognises value of women’s work
- An Indian court’s recent verdict that significantly expands the rights of homemakers over their husband’s property has been hailed as a positive sign by women’s rights advocates.
- On 21 June, the Madras high court – in the southern state of Tamil Nadu – passed a verdict in a domestic dispute case that allowed a housewife equal share in her husband’s property.In its verdict, the court said that the wife had contributed equally towards acquiring family assets by doing domestic chores.
- It said that the “contribution made by either the husband by earning or the wife by serving and looking after the family and children” would mean that “both are entitled equally to whatever they earned by their joint effort”. It did not matter in whose name the property was bought – the spouse who looked and cared after the family would be entitled to an equal share in them.
- The wife works for 24 hours in various roles, including that of a chef, a “home doctor” and a “home economist”, the court said. In the absence of the homemaker’s duties, the husband would have to pay for the services these roles provided.
- “By performing these skills, a wife makes the home a comfortable environment and her contribution towards the family, and certainly it is not a valueless job, but it is a job doing for 24 hours without holidays, which cannot be less equated with that of the job of an earning husband who works only for 8 hours,” the court noted.
(For detailed report click on the link – https://www.bbc.com/news/world-asia-india-65996250 )
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