Global Indian News
Strongly condemning the terror attacks in Canada, India has underlined its solidarity with the North American nation and stressed that the two countries will bolster cooperation in combating the scourge …
Read MoreIn a sign of its growing global stature, India has been re-elected to the UN Human Rights Council for 2015-17 term, with the country’s envoy to the UN stressing that …
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Made in India! It’s their tryst with India, and the spirit of South-South sharing, that has branded them for life. On the night of October 22, which coincided with the Diwali eve, students and mid-career professionals from dozens of countries across the globe celebrated a unique institution called ITEC, which brought them together to India in an adventure of learning, seeking, sharing and skilling.
Singing and dancing amid animated chatter to Indian pop star Alisha Chinai’s foot-tapping number Made in India, this rainbow brotherhood toasted the golden jubilee of Indian Technical and Economic Cooperation (ITEC) programme, which has become their ticket to India and the world in more ways than one. The atmosphere was heady and resembled that of a graduation dinner, with ITEC alumni from diverse nationalities exchanging notes, clicking photos and packing their nostalgia bag with memories of India. Noor Mohammed from Afghanistan said disarmingly: It’s a gift. I am so happy to be part of ITEC and come to India.” Catherine from Colombia was also all praise for the ITEC ethos: ”It was an invaluable experience. India is an amazing country.”
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The idea of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) as a sub-regional grouping comprising nations of South and Southeast Asia was a move to break …
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Projecting India’s growth story as a binding economic force for the region, India has said that it would like to resolve all issues through dialogue with Pakistan, but has underlined that it will have an effective deterrence to deal with terrorism.
“We would like to resolve our problems through negotiations, through talks. I don’t think of any problem that cannot be resolved through negotiations,” National Security Adviser Ajit Doval said at the Munich Security Conference, organised by the Delhi-headquartered think tank ORF, in New Delhi.
“But on the other hand, India would like to have an effective deterrence to deal with terrorism,” Mr Doval said against the backdrop of escalating tensions over recent ceasefire violation by Pakistan.
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Billions of dollars in Foreign Direct Investment (FDI) have been assured to India thanks to Prime Minister Modi’s successful foreign tours and the visit of Chinese President Xi Jinping. Hopefully countries with more wealth and technology than us will help us create jobs. But in his efforts at gathering FDI, the Prime Minister is not any different from the previous government which also staged many road shows with union and state ministers, politicians and even the prime minister going abroad to woo foreign investors.
Everyone knows the advantages of FDI, but there are disadvantages also. One has to remember that FDI in the past has been capital intensive and not labour intensive. Foreign companies tend to use more technology to retain their competitiveness and flexibility than go for hiring more workers. Most are afraid of encountering labour problems. Millions of jobs, however, are needed in India and therefore there has to be a policy of encouraging labour intensive FDI. In mining industry, there is a danger of FDI harming the environment in their extractive manoeuvers. Hence India has to study carefully what kind of FDI it wants.
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India’s Prime Minister Narendra Modi won’t be present when the eighth Regional Pravasi Bharatiya Diwas (RPBD) convention kicks off in London, on October 17. But his shadow will certainly loom large in a gathering of hundreds of members of the Indian diaspora in the British capital.
Forging a closer bond with the Indians diaspora isn’t the only objective behind holding RPBDs across the globe. The intent also is to strengthen bilateral ties with the country where a RPBD is held. Fittingly, the London convention will be jointly inaugurated by India’s Minister for External Affairs and Minister for Overseas Indian Affairs, Sushma Swaraj, and British Foreign Secretary Philip Hammond.
Mr Modi’s keenness to engage with the diaspora was also evident when he, as the Gujarat chief minister, proposed that the 2015 Pravasi Bharatiya Divas be held in Gujarat to mark the 100th year of Mahatma Gandhi’s return from Africa. His dream became reality after he was sworn-in as PM. His state’s capital, Gandhinagar will host the event next January.
On the day Chinese President Xi Jinping arrived in Gujarat on September 17, The Hindu newspaper published an op-ed called ‘Towards an Asian century of prosperity’ in which President Xi spoke of his country as the factory and India as the world’s back office, he referred to the new government in power bringing in new reforms. He spoke of deepened mutual trust by “strengthening strategic dialogue and enhancing political confidence.” The article was expectedly replete with bonhomie and optimism although India was not too happy being relegated to the back office. Nevertheless, Xi concluded by saying that he was “confident that as long as China and India work together, the Asian century of prosperity and renewal will surely arrive at an early date.” All this sounded wonderful.
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Working in the snow-bound, harsh and hostile environs of the Svalbard archipelago of Norway and focusing on Arctic research, five Indian scientists had an usual caller. It was none other …
Read MoreIndia’s foreign trade has badly suffered since the beginning of the global financial crisis in August-September 2008. The subsequent shock of the sovereign crisis in Eurozone added to the problem. …
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