Australian PM serenades India, nuclear deal on the way

In a milestone in their transforming ties, India and Australia are poised to sign a civil nuclear deal that will enable the import of Australian uranium to the energy deficient Asian economy. Australia’s Prime Minister Tony Abbott began his two-day trip from Mumbai, India’s commercial capital, and serenaded India’s growing global stature and its importance to Australia’s future. “The purpose of this trip, as far as I’m concerned, is to acknowledge the importance of India in the wider world, acknowledge the importance of India to Australia’s future,” said Abbot in a meeting with business leaders in Mumbai on September 4. “There is an abundance of opportunities here in India. I am determined to make the most of them,” he said on an upbeat note.

Abbott will make a pitch for enhanced trade and commercial partnership between Canberra and New Delhi. Currently, the trade volume between the two countries hovers around $15 billion which, experts say, is below potential. India also invests around $11 billion in Australia.

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Al Qaeda launches India branch, India on alert

India’s Home Ministry has issued an all-India alert after Al Qaeda leader Ayman al Zawahiri announced the formation of an Indian branch of his militant group in a new tape released on September 4. In his first videotape in over a year, al Zawahiri says Al Qaeda has not forgotten injustices and oppressions suffered by Muslims “in Burma, Bangladesh, Assam, Gujarat, Ahmedabad, and Kashmir”.
Calling the formation of the “Al Qaeda in the Indian Subcontinent” a glad tiding for Muslims in the region, Zawahiri added that the group will aim to “break all borders created by Britain in India” and “raise the flag of jihad” across the subcontinent.

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China hopes to make President Xi’s visit a success

It’s a competition India will welcome. With Japan unveiling a mammoth $35 billion package for infrastructural development in Asia’s third largest economy, China is also looking to raise the bar for its economic engagement with India during President Xi Jinping’s trip to Delhi later this month.

President Xi is expected to announce big-ticket investments when he comes here for his maiden visit to India around mid-September. “When President Xi visits India, you can expect a sense of camaraderie and the kind of friendship which will bring a complete change in the manner the two neighbors are engaged,” said Nirmala
Sitharaman, India’s Minister of State for Commerce and Industry September 2, after a day-long meeting with Chinese officials led by her Chinese counterpart Gao Hucheng. Sitharaman was speaking to Beijing-based Indian reporters after the India-China Joint Economic Group meeting.

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