International News – NewsWireЧт, 28 мар
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1. India’s tax revenue grows beyond expectations, shows recent dataЧт, 28 мар[-/+]
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India’s direct taxes have experienced a significant and sustained increase in growth over the time. The Gross Direct tax collection for the year 2023-24 (as on March 17, 2024) registered an increase of 18.7% over the corresponding period last year (2022-23).

The gross collection of Direct Taxes (before adjusting for refunds) for the Financial Year 2023-24 stands at Rs. 22.2 lakh crore compared to Rs. 18.7 lakh crore in the corresponding period of the preceding financial year.

Direct taxes are levied on the taxable income earned by individuals and corporate entities, and it is the responsibility of the taxpayers themselves to pay these taxes. Some of the key direct taxes include income tax, corporate tax, capital gains tax, and property tax.

The significant increase in direct tax revenue is attributed to initiatives such as demonetization (2016), Income disclosure scheme (2016), and e-verification scheme (2021) that have played a key role in broadening the tax base.

The digitalization of the processes has significantly reduced the cost of tax collection as well. Furthermore, small and medium taxpayers can now obtain their tax refunds promptly and with greater ease, fostering increased compliance.

The indirect tax collections also showcase a resilient and robust growth performance. India’s Gross Goods and Services Tax (GST) revenue for February 2024 surged to Rs1.68 lakh crore, marking a robust 12.5% increase compared to the corresponding month in 2023 (Rs1.5 lakh crore).

Notably, GST collections affirm India’s strong recovery post pandemic as GST collection accelerated by 59% from Rs 11.3 lakh crore in FY 2020-21 to Rs 18 lakh crore in FY 2022-23.

The indirect taxes are imposed on the sale and provision of goods and services, and it is the sellers who are responsible for collecting and remitting these taxes, rather than the taxpayers directly.

Remarkably, the average monthly gross GST collections for current FY 2023-24 are Rs1.6 lakh crore, exceeding the Rs1.5 lakh crore collected in the previous year’s corresponding period (April 2022-Feb2023). These robust figures underscore a steady and significant growth trend in India’s GST revenue collection, reflecting the resilience of the economy throughout the fiscal year 2023-24.

The growth of the taxes is in tandem with the growth of the economy. The post-COVID years witnessed a great momentum in economic and business activity.

India is growing at a GDP growth rate of 9.1% in 2021–22, 7.2% in 2022–23 and 7.6% in 2023–24, with a great surge in capital markets. India will become a USD 4 trillion economy by FY 2024-25, USD 5 trillion by FY 2026–27, and a USD 7 trillion economy by 2030 and USD 30 trillion by 2047.

The per capita monthly consumption spending has increased in post pandemic period by about 35% from Rs 127065 in 2020-21 to Rs172276 in 2022-23. This is accompanied by a reduction in inequality as the rural-urban difference in consumption expenditure is diminishing.

In conclusion, India’s tax trajectory reflects a robust growth performance, mirroring the resilience and dynamism of its economy. The significant increase in both direct and indirect tax collections, propelled by prudent reforms and effective government initiatives, underscores the country’s steady progress.

The commendable rise in direct tax revenues, propelled by initiatives such as demonetization and digital assessment schemes, indicates a broadening tax base and enhanced compliance. Similarly, the robust growth in GST collections underscores India’s strong post-pandemic recovery, signaling confidence and stability in the economy.

In essence, as India continues its journey towards global prominence, the expanding tax base not only reflects economic progress but also serves as a barometer of the country’s resilience and potential. With prudent reforms and sustained momentum, India is poised to solidify its position as a key player in the global economy, embodying the spirit of “Viksit Bharat” as it marches towards a prosperous future. (India Blooms)

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2. Soaring India-Japan Ties: The Road AheadЧт, 28 мар[-/+]
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India-Japan relations have recently acquired great momentum in the context of a rapidly changing global order. The old system of powerful countries dominating regions is breaking down, replaced by a need for collaboration and broader partnerships. Globalization has led to competition and a focus on national interests, with trade and technology becoming strategic tools. New challenges like pandemics and disregard for international law require reform of the UN and a multipolar Asia that promotes openness and rules.

Five core areas for India-Japan cooperation emerge against this perspective. There’s great investment potential, particularly in manufacturing, under India’s “Make in India” initiative. Collaboration in advanced technologies like semiconductors and clean energy can be transformative, requiring a skilled workforce. Both nations can work together on green initiatives, leveraging Japan’s logistics expertise and India’s clean energy focus. Robust infrastructure development is crucial, offering opportunities to collaborate on India’s east-west corridor projects. Additionally, India and Japan can collaborate on development efforts in other countries. Finally, shared security concerns like maritime safety and cyber threats necessitate joint efforts, potentially leading to expanded defence cooperation.

Both India and Japan are developing expertise in cutting-edge fields, and are now collaborating through the revived Quad grouping on military exercises, investments, and technology. They have found a common cause in the Indo-Pacific region against China’s ambitious moves, such as the Belt and Road initiative which has awakened a sense of urgency among other Asian powers, urging them to seek a new framework for regional security.

Their strategies – India’s Indo-Pacific Oceans Initiative (IPOI) and Japan’s Free and Open Indo-Pacific (FOIP) – echo a shared vision. They recognize the need for a partnership that transcends mere military concerns, a strategic alliance built for the challenges of the future.

Japan sees India as a vital player in the security architecture of the region, offering both financial aid and cutting-edge technology to address critical infrastructure needs. This renewed commitment was solidified when in 2023, Japanese Prime Minister Kishida unveiled a fresh plan for the FOIP during his visit to New Delhi.

Under former Prime Minister Abe, Japan revitalized the QUAD and introduced the FOIP concept, both aimed at upholding a rules-based order in the Indo-Pacific. Abe’s FOIP strategy stemmed from his earlier visions of “The Arc of Freedom and Prosperity” and “Confluence of the Two Seas.” These ideas rested on three pillars: establishing the rule of law, ensuring freedom of navigation and trade, and fostering economic prosperity through better connectivity. Additionally, Abe sought peace and stability by actively engaging with partner countries in the region.

Japan also extended a helping hand through Official Development Assistance (ODA) via the Japan International Cooperation Agency (JICA). This program supports human resource development and infrastructure projects in partner countries. JICA’s latest plan focuses on the FOIP initiative, fostering future leaders, addressing environmental concerns, and bolstering Japan’s economic standing. The EPQI and ODA initiatives promote “quality” and “sustainable” infrastructure development, a stark contrast to the BRI, which has been criticized for saddling countries with debt.

Building on Abe’s groundwork, Prime Minister Kishida unveiled new FOIP initiatives in 2023 during his visit to India. These initiatives focus on upholding peaceful principles and promoting prosperity, addressing regional challenges collaboratively, fostering multi-layered connectivity, and expanding security cooperation across air and sea domains. Moreover, Japan intends to revise its ODA guidelines to further strengthen collaboration with regional partners on the FOIP.

India and Japan have forged a strategic partnership focused on safeguarding maritime security and strengthening ties with regional players, particularly members of the Association of Southeast Asian Nations (ASEAN). A key aspect of this collaboration is the development of India’s Northeast region, which serves as a crucial link between India’s Act East Policy and Japan’s Free and Open Indo-Pacific (FOIP) vision. Notably, the Japan-India Vision 2025 identifies this region as a pivotal area for enhanced cooperation.

The Act-East Forum serves as a platform for joint initiatives in connectivity, renewable energy, and environmental protection, playing a vital role in deepening bilateral relations. Furthermore, the partnership extends to addressing shared concerns in the South China Sea, with both nations advocating for upholding international maritime law and ensuring freedom of navigation and overflight. This collaborative approach underscores the strategic significance of India-Japan cooperation in the broader Indo-Pacific region.

India’s strategic location, particularly the Andaman and Nicobar Islands, is recognized by Japan. Through its Official Development Assistance (ODA), Japan supports infrastructure projects in this region, bolstering India’s surveillance capabilities and regional connectivity. This collaboration extends beyond borders, with the Asia-Africa Growth Corridor (AAGC) fostering economic ties between the two nations and Africa.

India has emerged as the largest recipient of Japanese ODA in South Asia since 2005. As a Japanese government agency, JICA plays a pivotal role in funding projects spanning education, transportation, and renewable energy in India. This partnership extends to high-speed rail projects, dedicated freight corridors, and industrial corridors. The India-Japan Digital Partnership and the India-Japan Industrial Competitiveness Partnership exemplify their commitment to economic collaboration in critical areas like digital trade and semiconductor supply chains.

Recognizing the urgency of climate change, both nations are collaborating through ventures like the Asia Energy Transition Initiative and discussions on joint credit mechanisms for renewable hydrogen projects. Defence cooperation flourishes with the Agreement Concerning Reciprocal Provision of Supplies and Services, facilitating joint military exercises and fostering closer ties between their armed forces. The 2+2 ministerial dialogue format underscores their intention to expand collaboration into space and cybersecurity.

India’s economic and military potential, combined with Japan’s expertise in large-scale projects, creates a formidable force against emerging threats in the Indo-Pacific. Both nations actively contribute to regional maritime security through bilateral and multilateral exercises like Shakti, Varuna, and MALABAR. Their participation in various multilateral platforms, including the QUAD, G20, and ASEAN, reflects their shared commitment to a stable and prosperous Indo-Pacific. Additionally, their leadership roles in G20 and G7 in 2023 positioned them as champions of the rules-based order and multilateralism in the region.

India and Japan have been working together with the US and Australia in trilateral settings (India-Japan-US and India-Japan-Australia) for over a decade. These dialogues initially focused on broader economic goals and avoiding confrontation with China. However, all four countries now share concerns about China’s growing assertiveness and its impact on the rules-based international order. This convergence led to the revival of the Quad (India, Japan, Australia, and the US) in 2017. The Quad promotes a Free and Open Indo-Pacific (FOIP) to counter China’s economic and military influence. While not a formal military alliance like NATO, the Quad members conduct joint military exercises (like Malabar) and share intelligence, building a foundation for future cooperation.

Beyond material benefits, the Quad strengthens India’s position as a regional leader. It aligns with India’s desire to be a “net security provider” by working with partners like Japan. Both Japan and India see each other as crucial partners in this network-based approach to a changing global order. With strong ties and no major conflicts, the India-Japan partnership is expected to keep growing.

The relationship between India and Japan has grown closer in recent years, especially due to shared concerns about China. This is evident in their participation in the Quad, a group of countries that includes the United States and Australia. The future of the India-Japan partnership looks bright. Both countries are committed to working together on security issues and economic development. India’s strategic importance in the Indian Ocean gives it leverage in its relationship with Japan and other Quad members.

In conclusion, India and Japan recognize the growing significance of the Global South in their foreign policies. India championed the concerns of developing nations during its G20 presidency and became their voice, while Japan seeks to offer alternative economic partnerships to reduce the Global South’s dependence on China. This strengthened partnership between India and Japan presents a united front in the evolving Indo-Pacific theatre. Through collaboration on infrastructure development, economic ties, defence cooperation, and regional stability, they aim to create a more secure and prosperous future for the region – Anjali Sehrawat. (Vietnam Times)

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3. Jaishankar, Singapore counterpart Balakrishnan exchange views on Indo-Pacific and West AsiaЧт, 28 мар[-/+]
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External Affairs Minister S Jaishankar met his Singapore counterpart Vivian Balakrishnan and reviewed the progress of bilateral cooperation. The two leaders exchanged views on the Indo-Pacific and West Asia.

In a post on X, Jaishankar stated, “Delighted to meet Singapore FM @VivianBala. Reviewed the progress of our bilateral cooperation. Spoke about preparations for the next ISMR meeting. Discussed marking 60 years of our diplomatic ties. Exchanged views on the Indo-Pacific and West Asia.”

Jaishankar, who is on a visit to Singapore, also met Singaporean Senior Minister and Coordinating Minister for National Security Teo Chee Hean. Jaishankar and Hean discussed the transformational changes in India and the opportunities they offer for partnership between two nations.

“Good to meet with Singapore Senior Minister and Coordinating Minister for National Security Teo Chee Hean. Discussed the transformational changes in India and the opportunities they offer for our partnership. Also exchanged perspectives on regional and global issues,” Jaishankar posted on X.

Earlier in the day, S Jaishankar held a meeting with Singapore’s Minister of Trade and Industry Gan Kim Yong and discussed trade, semiconductors, space, green energy, supply chains and defence.

In a post on X, Jaishankar stated, “Started the day by meeting Singapore Minister of Trade and Industry Gan Kim Yong. Discussed trade, semiconductors, space, green energy, supply chains.and defence. Hope to take these forward in the India-Singapore Ministerial Roundtable.”

Jaishankar also interacted with the Indian community on Sunday. On Saturday, he made remarks at the Institute of South Asian Studies of the National University of Singapore. He was speaking on ‘Why Bharat Matters’.

EAM said that the momentum today in India has to be experience, to be believed and the country is going to be a much bigger economy in the coming years. He also recalled India’s response to the COVID-19 pandemic and the country reaching out to other countries through vaccines.

EAM Jaishankar also engaged in discussions with prominent corporate figures from the country who offered positive feedback on India’s growth story derived from their investment experiences.

“A very productive interaction with leading Singaporeon Corporate figures. Appreciate their positive feedback on the India growth story based on investment experiences. Confident that their commitment to doing more business in India will further increase,” S Jaishankar posted on X.

Jaishankar kicked off his Singapore visit on Saturday by paying homage to Subhash Chandra Bose and the brave Indian National Army soldiers.

In a post on X, Jaishankar stated, “Began my Singapore visit by paying homage to Netaji and the brave Indian National Army soldiers. The INA Marker in Singapore recognizes their deep patriotism and indomitable spirit that remain an inspiration for generations to come.”

The ties between India and Singapore have a history rooted in strong commercial, cultural and people-to-people links. India was one of the first countries to recognise Singapore in 1965, according to the High Commission of India in Singapore.

The relations between two nations are based on shared values and approaches, economic opportunities and convergence of interests on key issues. India and Singapore have more than 20 regular bilateral mechanisms, dialogues and exercises. (ANI)

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4. US bridge collapse: More details revealedСр, 27 мар[-/+]
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Six people, who were believed to be part of a road construction crew, are presumed dead after Baltimore’s Francis Scott Key Bridge collapsed early Tuesday morning. The collapse came after a 984-foot cargo ship hit the bridge’s pillar.

Two of the construction workers are from Guatemala and Mexican nationals are also among the victims.

Ahead of the collision, the ship’s crew notified officials with a “mayday” call that allowed authorities to stop traffic before impact and likely saved lives, Maryland Gov. Wes Moore said.

The collapse that has indefinitely halted the flow of ships in and out of Baltimore could hurt the local economy, strain supply chains and scramble deliveries along the US East Coast.

A US federal government agency said the vessel “lost propulsion” as it was leaving the port.

The crew then warned Maryland transport officials of a possible collision, according to an unclassified Cybersecurity and Infrastructure Security Agency report on the incident.

Maryland state governor Wes Moore said he could confirm that “the crew notified authorities of a power issue”, adding that the ship had lost power before smashing into one of the columns supporting the bridge.

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5. WATCH : Key US bridge collapses with vehiclesВт, 26 мар[-/+]
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A bridge in the US city of Baltimore has entirely collapsed into the Patapsco River after being hit by a container ship

Seven people and several vehicles have fallen into the river, says Baltimore City Fire Department who are currently at the scene.

The container ship, known as Dali, was headed to Colombo in Sri Lanka at the time of the collision. Data from MarineTraffic shows the Singapore-flagged ship stop at the bridge.

?BREAKING: MARYLAND GOV DECLARES STATE OF EMERGENCY

A cargo ship appeared to have lost power moments before it crashed into the Key Bridge in Maryland causing it to collapse. pic.twitter.com/GGasQdgXWK

— Mario Nawfal (@MarioNawfal) March 26, 2024

Francis Scott Key Bridge collapses after ship collides with it in Baltimore, Maryland. pic.twitter.com/zmNzD8Qs0Q

— RadioGenoa (@RadioGenoa) March 26, 2024

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6. Pakistan to start fresh deportation of Afghan refugeesВт, 26 мар[-/+]
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In a move to reignite tensions between Pakistan and Afghanistan, Pak “establishment” has announced plans to recommence the deportation of Afghan migrants from their territory starting next month. The decision comes after increase in tensions at the border and the exodus of over half a million Afghans from Pakistan after Islamabad set a deadline last November for undocumented migrants to leave or face arrest.

While Pakistan has cited security concerns and economic pressures as motivations for the crackdown, but the main underlying reason is to exert pressure on the Taliban-led government in Kabul over issues related to clashes at border.

A senior official from Khyber Pakhtunkhwa province, which shares a border with Afghanistan, revealed that the Army establishment had informed them about the commencement of the second phase of deportations following the Eid holiday in April. Similarly, another senior police personnel based in Peshawar disclosed plans for a renewed operation targeting “illegal Afghans” post-Eid, with directives issued to identify their locations.

Afghan refugees

Despite the lack of specific directives, the puppet authorities have already begun compiling data on Afghan refugees residing in the region. The influx of Afghans into Pakistan has been ongoing for decades, with millions seeking refuge, particularly following the Taliban’s rise to power in 2021, which saw a surge in arrivals due to the imposition of strict Sharia laws.

Furthermore, tensions between Pakistan and Afghanistan have further escalated, with Islamabad accusing Kabul of harboring groups and organisations responsible for cross-border attacks, a claim consistently denied by the Taliban. The recent escalation follows BLA Majeed Brigade attack inside Pak-occupied-Balochistan’s Gwadar that claimed the lives of over 25 personnel. Pakistan Army is now doing what it does best, in an attempt to cover up their failing structure, the Pak establishment is now issuing a yet another brutal crackdown on the innocent Afghan refugees. (News Intervention)

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7. Pakistan Farmers Demands Agricultural Emergency in CountryВт, 26 мар[-/+]
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Pakistan Kissan Ittehad (PKI) has urged the federal government on Saturday to declare an agricultural emergency in the nation, ARY News reported.

In a statement, Kissan Ittehad Chairman Khalid Hussain Bath demanded the restoration of the previously announced Pakistani currency (PKR) 1.8 trillion package for farmers, initially proposed by Prime Minister Shehbaz Sharif.

According to ARY News, Bath warned of potential protests post-Eidul Fitr if the government fails to address the grievances.

He stated that “the farmers will begin a protest after Eidul Fitr if the government fails to address the issues of the community. A sit-in will be staged in Islamabad if needed.”

Additionally, he lamented the hike in the price of fertilisers, saying that the farmers were buying urea for Rs 6,000 per bag, as per ARY News.

He expressed dismayed over the lack of a coherent government policy for the agricultural sector.

Additionally, Kissan Ittehad President Mian Umer criticized Punjab Chief Minister Maryam Nawaz stating, “he has not conducted a single meeting on the agriculture sector.”

He criticised the Punjab CM for purportedly neglecting the agricultural sector, he claimed that the “sugar mafia” has not paid farmers after buying sugarcane from them.

Umer also lamented the adverse impact of increased electricity prices on farmers, stating that they now pay Rs 54 per unit.

He said that the government was forcing the community to come out on the street and shut down the city. (ANI)

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8. India’s role in rebuilding Syria: A beacon of hope post-warВт, 26 мар[-/+]
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The conflict between the USA and the USSR, during the era of the Cold War, had far-reaching consequences that extended beyond their borders, with Syria being one of the nations caught in the crossfire. Over the past decade, Syrians have endured the complexities of political manoeuvring amidst a backdrop of socio-political and humanitarian challenges. Additionally, the civil war in Syria transformed the country into a haven for terrorism. In the aftermath of this long and devastating war, the global community has mobilised to support Syria’s efforts in rebuilding and reconstruction. In this endeavour, India has emerged as a significant player, offering a distinctive combination of diplomatic expertise and development assistance. With a history of engaging with Syria since 2011, India’s contributions have been instrumental in addressing the multifaceted dimensions of the crisis and aiding in the rebirth of Syria.

India has always enjoyed a positive relationship with the regime, both historically and currently. Syria has praised India’s “balanced” approach to the problem and requested the BRICS to participate more actively and constructively in finding a solution. India actively seeks to participate in the international negotiations in order to forge agreement with the world community, even if it is not in India’s current best interest to be directly involved in any way.

Starting in 2011, Syrian Deputy Foreign Minister Dr. Fayssal Mekdad visited India to express gratitude for its support during the unrest, India has consistently shown its commitment to Syria’s stability. In the same year, the India-Syria Business Association (ISBA) delegation embarked on a visit to Syria to explore business and investment opportunities in various sectors. This delegation was a significant initiative aimed at bolstering economic ties between India and Syria. The visit witnessed the participation of Indian businessmen from diverse industries such as pharmaceuticals, textiles, engineering, and IT. India, as a testament to its commitment, inked three pivotal agreements with Syria during the visit. The first was a Memorandum of Understanding (MoU) to establish a joint Business Council between India and Syria. The second notable agreement was the Protocol on Trade and Investment Cooperation, signed between the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Syrian Chambers of Commerce. Recognising the significance of the agricultural sector, India and Syria signed an agreement on cooperation in the field of Agriculture. as a stepping stone towards strengthening economic ties between India and Syria. The agreements signed during this visit underscored India’s unwavering support for Syria’s development and rebuilding efforts. They showcased India’s belief in the existence of promising business and investment opportunities in Syria. In 2012, Prime Minister Manmohan Singh met with Syrian Prime Minister Wael Al Halki, expressing concern over the ongoing violence and offering support for a Syrian-led political process. Indian delegations, both as part of the IBSA initiative and through bilateral visits, engaged with Syrian leadership to discuss ways to strengthen relations and find solutions to the crisis. Notably, high-level meetings between Indian and Syrian officials took place in 2016 and 2017, addressing issues such as bilateral cooperation, political solutions, and the fight against terrorism. These interactions highlight India’s continued commitment to contribute to Syria’s recovery and reconstruction efforts.

In the past, India took part in the UN-sponsored Geneva II conference in 2014, where the country’s opposition to a military solution was emphasised by Salman Khurshid, the then-minister of external affairs. Through the Kuwait International Conferences, India had also pledged $4 million in humanitarian help. India’s commitment to peace and stability in the region is the reason for its participation in the reconstruction project. The Indian government has given the war-torn areas humanitarian relief, including medical care, food supplies, and shelter. India has also contributed expertise in a number of fields, including infrastructure development, healthcare, education, and agriculture.

Through bilateral and multilateral avenues, India has been providing humanitarian, technical, and development support to Syria. The latest in a series of initiatives to assist the war-torn nation, where violence and economic collapse over the past decade have left the majority of the population in poverty, India gave 2,000 tonnes of rice to Syria to boost food security. Syrian Minister of Local Administration and Head of the Local Administration Ministry, Hussain Makhlouf received the first shipment of 1,000 tons of rice from Indian Ambassador Hifzur Rahman at the Latakia port in 2019.

Additionally, even throughout the COVID outbreak, India provided medical supplies to Syria. This included essentials such as personal protective equipment (PPE), testing kits, masks, and other medical equipment. India continued to send monthly supplies of food and medicine and other essential items to vulnerable populations affected by the crisis. Speaking at a UNSC session on Syria’s political and humanitarian circumstances, Ms. Ruchira Kamboj said these things. As a part of the Covid-19 aid, India donated 10 tonnes of medications to Syria in July of 2021.

A camp to fit “Jaipur foot” prosthetic limbs was held in Damascus in January 2020 and helped more than 500 Syrian citizens. It was organised by the external affairs ministry in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti. This initiative aimed to provide prosthetic limbs to those who had lost their limbs due to conflict, injuries, or other circumstances in Syria. The camp involved a team of Indian doctors and experts who worked with local authorities and organisations to identify and assess individuals who needed prosthetic limbs. The fitted prosthetics helped improve the mobility and quality of life for the beneficiaries.

The Indian government has also focussed on the education sector of Syria and aims at making the youth educated as well as mindful enough to solve the issues. For this, one thousand Syrian students received scholarships from India to attend undergraduate, graduate, and even PhD programs in Indian universities. The initiative to offer scholarships to Syrian students is motivated by a desire to see success stories from the African continent, where several current or former presidents, prime ministers, and vice presidents have attended educational or training institutions in India, replicated there in the near future. Even the Syrian ambassador to India, Riad Abbas said, “Through this means India is assisting Syria by rebuilding the brain”, “the brain of our people to plant education, science, and peace”.

Apart from the social, political and economic drain, the civil war prevented developmental progress on a significant dam that India had helped build. Syria received a line of credit (LoC) for $240 million to partially finance (52%) the $400 million Tishreen Thermal Power Plant Extension project. The project was put on hold by India’s BHEL when the crisis started, which had several corresponding problems, including demurrage fees on the imported equipment and accumulated interest on unpaid bills. During a series of negotiations between officials from the two sides, all of these difficulties were amicably resolved, and India granted Syria’s request to restructure the Line of Control. Syria has been given lines of credit (LOC) from India worth USD 280 million. This support is given so that Syria can construct a steel plant and a power plant. The extension work at BHEL is anticipated to pick up. In October 2021, a Next-Generation Centre for Information Technology was established in Damascus.

India has assumed a multifaceted role in the process of reconstructing Syria following the catastrophic events that have transpired. This role has been manifested in various domains, including economic, developmental, social, and political, through the provision of humanitarian aid and diplomatic measures aimed at restoring peace and stability in the region. While the Western world views Syria as a deeply troubled nation, India perceives Damascus as a formidable country with a potent military that has successfully repelled the Islamic State militia, which once posed a significant threat to the country’s existence. Consequently, India’s efforts are geared towards supporting Syria and reclaiming its former position. (Global Order)

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9. Maldives President Mohamed Muizzu Seeks Debt Relief From India Amid Strained TiesСб, 23 мар[-/+]
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Maldives President Mohamed Muizzu has struck a reconciliatory tone after his anti-India rhetoric, saying India will continue to remain his country’s “closest ally” as he sought a debt relief from New Delhi. The Maldives owed approximately $400.9 million to India at the end of last year.

Ever since taking oath as the President in November last year, the pro-China Maldivian leader has pursued a hardline stand towards India and within hours demanded that Indian military personnel operating three aviation platforms be repatriated from his country by May 10.

On Thursday, in his first interview with the local media since assuming office, President Muizzu said India was instrumental in providing aid to the Maldives and implemented the “greatest number” of projects.

India will continue to remain the Maldives’ closest ally, he said and emphasised that there was no question about it, Maldives news portal Edition.mv said in a report with excerpts of the President’s interview to its Dhivehi language sister-publication ‘Mihaaru.’

The comments praising India came after the first batch of Indian military personnel left the island nation this month as planned. By May 10, President Muizzu had demanded that all 88 military personnel, manning the three Indian aviation platforms, should leave the country.

India has been providing humanitarian and medical evacuation services to the people of the Maldives for the last few years with two helicopters and a Dornier aircraft.

The Maldives’ proximity to India, barely 70 nautical miles from the Minicoy island in Lakshadweep and 300 nautical miles from the mainland’s western coast, and its location at the hub of commercial sea lanes running through the Indian Ocean Region (IOR) gives it significant strategic importance.

During the interview, President Muizzu urged India to accommodate debt relief measures for the Maldives in the repayment of “the hefty loans taken over consecutive governments”.

“The conditions we have inherited are such that there are very large loans taken from India. Hence, we are holding discussions to explore leniencies in the repayment structure of these loans.

“Instead of halting any ongoing projects… to proceed with them at speed, so I see no reason for any adverse effects (on Maldives-India relations),” President Muizzu added.

President Muizzu’s conciliatory comments towards India came ahead of Parliament elections in Maldives slated for mid-April.

He said Maldives has taken significant loans from India, which are heftier than can be borne by the Maldivian economy. “Due to this, he is currently discussing with the Indian government to explore options to repay the loans to the best of the Maldives’ economic capabilities,” the news portal said quoting him.

The President, who expressed hope that India would “facilitate debt relief measures in the repayment of these loans,” said he has conveyed his appreciation to the Indian government for their contributions.

During the previous regime, headed by pro-India leader Ibrahim Mohamed Solih’s administration, the total loan taken from the Export and Import Bank of India (Exim Bank) stood at $1.4 million.

“Together with this, the amount owed by Maldives to India by the end of last year stood at 6.2 billion Maldivian Rufiyaa, he said.

“I also conveyed to PM Modi during our meeting that I did not intend to halt any ongoing projects. Instead, I expressed my desire to strengthen and expedite them,” he said, referring to his discussion with PM Modi in Dubai on the sidelines of the COP28 summit in December 2023.

“I suggested a high-level committee be established, one designed for quick decision-making even in the bridge project to ensure speedy work. The same for the Hanimaadhoo Airport,” he added.

Speaking about the row over Indian military personnel, President Muizzu said it as “the only matter of contention” that arose with India – about the presence of Indian military in the Maldives, and added that India, too, had accepted it and agreed to withdraw its personnel.

“It is not nice to dismiss or disregard aid from one country to another as useless,” he said, claiming he had not taken any action or made any statements that may strain the relationship between the two countries.

“Even if they are troops of some other country, we will deal with them in the same manner. I have said very clearly. It is nothing personal but rather a matter of our national security,” he added.

President Muizzu said his government acted to find the swiftest and most prudent solution through deliberations to deal with the issue of the Indian military personnel in the Maldives.

He defended his agreement with India to deploy civilians instead of military personnel to run the choppers and the Dornier, saying that the erstwhile Abdulla Yameen administration, which demanded the Indian troops to be sent out, has not succeeded as Indian personnel remained in the country.

While the same goals were being worked for in both instances, President Muizzu indicated that results can be achieved through discussions and deliberations. “Everything can be achieved through discussions and deliberations. That’s what I believe,” he said.

Meanwhile, amid his tenuous ties with India, President Muizzu pursued an obvious pro-China policy, starting with his January visit to Beijing. During his China visit, he signed a comprehensive strategic cooperative partnership besides signing 20 agreements to assist Maldives infrastructure after his meeting with Chinese President Xi Jinping.

China also announced a $130 million grant besides promising to send more Chinese tourists to the tourism-dependent Maldives.

After his return from China, President Muizzu, without naming any country, said Maldives may be a small country, but “that is not a license for anybody to bully us”. The President terminated a hydrography agreement with India and has been claiming that the Indian Ocean does not belong to any particular country. (NDTV)

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10. PM Modi’s announcement of Rs 10,000 crore for Bhutan includes India’s support for its economic stimulus package: Foreign Secretary KwatraСб, 23 мар[-/+]
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Foreign Secretary Vinay Kwatra said that Prime Minister Narendra Modi’s announcement to provide Rs 10,000 crore to Bhutan for supporting its 13th five-year plan includes India’s support for its economic stimulus package.

While addressing a special briefing on PM Modi’s State Visit to Bhutan, Kwatra noted that India has been the largest development partner of Bhutan since the inception of Bhutan’s next five year plan process. He recalled that India had given support of Rs 5000 crore for Bhutan’s 12th five year plan.

Kwatra said, “Another very significant outcome for India-Bhutan relationship from this ongoing state visit of Prime Minister was the announcement by Prime Minister that the government of India will be supporting the 13th five year plan of Bhutan to the tune of Rs 10,000 crore. This assistance for the 13th five year plan of 10,000 crores also includes India’s support for Bhutan’s economic stimulus package. As you are aware, India has been the largest development partner of Bhutan since the inception of Bhutan’s next five year plan process.”

“Just to give a comparative frame of reference for the 12th five year plan, the total support provided was 5000 crores. So, the quantum announced by the honourable Prime Minister today in the public event as also in the private conversation is double of what was announced for the previous five year plan. And this is again a manifestation of one clear strength of our partnership and also manifestation of our commitment to step up our support for the 13th five year plan which essentially is a very important segment of bilateral cooperation between the two systems between the two peoples. Also, our assistance is a very crucial part of our partnership. And what it does most importantly is allow both the countries to push forward our bilateral engagement in the areas of common priorities,” he added.

Earlier in the day, Prime Minister Narendra Modi has announced that India will provide support of Rs 10,000 crores to Bhutan over the next five years.

In his address at Tendrelthang Festival Ground in Thimphu, PM Modi said, “We will work on new possibilities in connectivity, infrastructure, trade and energy sector between India and Bhutan. There should be a new airport for better air connectivity, new rail links between Gelephu to Kokrajhar, Samtse to Banarhat, operation of waterways through Brahmaputra, we will soon see these completed rapidly. Integrated Check Posts will also be built to further strengthen the trade infrastructure.”

“As always, there will be our full cooperation and support for the Thirteenth Five Year Plan of the Government of Bhutan. I would also like to announce to my brothers and sisters of Bhutan that the Government of India will provide a support of Rs 10 thousand crore in this direction in the next five years,” he added.

PM Modi, who is on a two State visit to Bhutan on Friday, said that the aspirations and goals of the youth of India and Bhutan are similar and assured the Himalayan country of support at every step to make both BB i.e. Brand Bhutan and Bhutan Believe successful.”

He stated that India and Bhutan are parts of shared heritage and highlighted the Buddha connection between the two nations.PM Modi said, “India and Bhutan are parts of a shared heritage. India is the birthplace of Lord Buddha. It is the place where Lord Buddha attained Nirvana. Whereas, Bhutan is the place which embraced and conserved the teachings of Lord Buddha. It has kept alive the tradition of Vajrayana Buddhism.” (ANI)

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11. Asteroid named after Professor Jayant Murthy of BengaluruСб, 23 мар[-/+]
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International Astronomical Union (IAU) has named an asteroid after Prof. Jayant Murthy, who was acting director of the Indian Institute of Astrophysics (IIA) before his retirement in 2021.

The asteroid 2005 EX296 has been designated as (215884) Jayantmurthy. The announcement was made on March 18 by the IAU through its Working Group on Small Bodies Nomenclature.

According to IIA, “This working group is the designated body to provide official names to all asteroids, comets and other small objects in the Solar System. The asteroid (215884) Jayantmurthy was discovered by M.W. Buie at Kitt Peak National Observatory in Arizona, USA, in 2005 and has been named after Prof. Murthy in recognition of his work in the NASA New Horizons Science Team to observe the ultraviolet background radiation in the universe. The asteroid goes around the Sun in an orbit that lies between that of Mars and Jupiter once every 3.3 years.”

According to IIA, “This working group is the designated body to provide official names to all asteroids, comets and other small objects in the Solar System. The asteroid (215884) Jayantmurthy was discovered by M.W. Buie at Kitt Peak National Observatory in Arizona, USA, in 2005 and has been named after Prof. Murthy in recognition of his work in the NASA New Horizons Science Team to observe the ultraviolet background radiation in the universe. The asteroid goes around the Sun in an orbit that lies between that of Mars and Jupiter once every 3.3 years.” (The Hindu)

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12. 40 killed in Moscow concert hall shooting (Video)Сб, 23 мар[-/+]
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Russian firefighters have managed to contain the fire at the Crocus City Hall, which was set ablaze by a group of terrorists on Friday evening.

Fire brigades are working to put out the remaining flames, the Emergencies Ministry told the media in its latest update on the situation.

The arson was part of an assault by unidentified perpetrators, which left at least 40 people dead and over 140 injured in the city of Krasnogorsk, west of Moscow. The concert hall is a major entertainment venue and was about to host a performance by a popular rock band when the terrorists struck.

The ministry said that around 13,000 square meters of the seven-story building – about a third of its entire floor area – were engulfed by the fire, which was assigned the highest threat level.

Helicopters have dropped around 160 tons of water on the building. The Moscow River runs near the premises, which also include a shopping mall, a conference center, and a hotel owned by Crocus Group. (RT)

Tеrrоrrists shooting at people inside the music venue in Moscow and setting it on fire pic.twitter.com/h0MgZhgozA

— What the media hides. (@narrative_hole) March 22, 2024

RUSSIA??UNDER ATTACK

3 masked gunmen opened fire in the Crocus City Hall in Moscow, over 40 people have been killed and over 100 have been injured, following the US’ ‘warning’ of imminent terrorist attacks against Russia pic.twitter.com/hM16KB1UVD

— Going Underground (@GUnderground_TV) March 22, 2024

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13. Canada to restrict temporary residents for the first timeПт, 22 мар[-/+]
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For the first time, Canada will put a “soft cap” on the number of new temporary resident arrivals to the country when it sets immigration levels in the fall, Immigration Minister Marc Miller announced Thursday.

The announcement is the latest in a series of steps Miller has taken in recent months to rein in rampant population growth.

The federal government plans to decrease the number of temporary residents to five per cent of the population over the next three years, down from the current 6.2 per cent.

Canada has seen a sharp increase in the number of temporary residents coming in each year, with Miller saying in the past that the country has become “addicted” to temporary workers.

“Changes are needed to make the system more efficient and more sustainable,” Miller told a news conference.

“There should be an honest conversation about what the rise in international migration means for Canada as we plan ahead,” he added.

Strong population growth in Canada has led to intense scrutiny of the country’s immigration policies and particularly of temporary resident streams.

Canada’s population grew by more than 430,000 during the third quarter of 2023, marking the fastest pace of population growth in any quarter since 1957. Nearly three-quarters of that growth was driven by non-permanent residents.

The number of temporary residents in Canada spiked due to higher international student enrolments at post-secondary institutions as well increased use of temporary worker programs.

The federal government loosened temporary foreign worker rules during the pandemic to help businesses fill positions amid record-high job vacancies.

Canada has also brought in significant numbers of migrants in response to humanitarian crises, including nearly 300,000 Ukrainians fleeing the Russian invasion.

Economists have raised concerns about the increase in migrant workers in recent years, warning that the federal programs discourage employers from innovating by offering up cheap labour.

Miller already slashed the number of new international student visas by more than one-third earlier this year.

He also instituted a temporary cap to address housing pressures and problems in the student visa system that have allowed some bad actors to take advantage of high international student tuition while providing a poor education.

Miller said he’ll convene a meeting of provincial, territorial and federal ministers in May to talk about how the levels should be set.

“Provinces and territories know their unique labour needs and capacity and need to assume responsibility for the people that they bring in as well.”

Miller has also asked his department to review existing programs that bring in temporary workers so as to better align them with labour needs and weed out abuse in the system.

The government is also moving to reduce the number of workers entering Canada in certain sectors as of May 1.

Employment Minister Randy Boissonnault said businesses that are currently allowed to have up to 30 per cent of their workforce come through the temporary foreign worker program will have that proportion drop to 20 per cent.

The health care and construction sectors will be exempted from the change.

The government is also requiring employers to consider asylum seekers with valid work permits for open jobs before they can apply for temporary foreign workers, Boissonnault said.

The Migrant Workers Alliance for Change said temporary migrants have been scapegoated for the affordability and housing crisis to distract from corporate and government failure at ensuring a decent quality of life.

“We call on the federal government to stop responding to racism by playing with caps and numbers and instead build a fair society with equal rights for all,” the group said in a statement Thursday.

The group also repeated a long-standing call to offer permanent status to undocumented residents, migrant workers, international students and refugees.

The announcement signals a shift in the federal government’s policy on temporary foreign worker programs, said Mikal Skuterud, an economics professor at the University of Waterloo.

“My sense is that’s what this press conference was to send a message to people … that ‘we’re changing our tune a little bit on this. We’re shifting in a different direction now the emphasis about not growing this program but reducing the size of it,'” Skuterud said.

The academic, who specializes in immigration policy, has long called for reforms to the temporary foreign worker programs.

He said one way the federal government can rein things in is by raising the price a business has to pay to apply for a labour market impact assessment.

The federal government currently charges employers $1,000 per requested position

“If you want to reduce the demand for these temporary foreign workers, that price needs to increase,” he said.

Last fall, Miller announced he would level out the number of new permanent residents to Canada in 2026 in reaction to a crunch on housing and other services. (Canadian Press)

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14. New Visa Rules : Notice for Students planning to Study in AustraliaЧт, 21 мар[-/+]
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Australia is set to implement stricter visa regulations for foreign students starting this week, it is reported.

According to foreign media, the move is aimed at addressing record-high migration figures that are adding pressure to the country’s rental market.

From Saturday, English language requirements for student and graduate visas will be increased.

Meanwhile, the government will get the power to suspend education providers from recruiting international students if they repeatedly break the rules.

In a statement, Home Affairs Minister Clare O’Neil said the actions this weekend will continue to drive migration levels down while delivering on commitments to the migration strategy to fix the broken system they inherited.

A new “genuine student test” will also be introduced to further crack down on international students who look to come to Australia primarily to work.

The government says the imposition of “no further stay” conditions will also be used on more visitor visas.

The moves follow a raft of actions last year to close off COVID-era concessions introduced by the former government, including unrestricted working hours for international students.

Data released by the Australian Bureau of Statistics on Thursday shows net immigration rose 60% to a record 548,800 in the year to Sept. 30, 2023, higher than the 518,000 people in the year ending June 2023. (NewsWire/ foreign media)

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15. India-EFTA Trade and Economic Partnership Agreement to unlock trade potentialСр, 20 мар[-/+]
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The India-EFTA signed Trade and Economic Partnership Agreement (TEPA) on 10th March 2024 marks a significant milestone in fostering trade relations between India and EFTA countries. This agreement signifies progression towards the signing of a Free Trade Agreement (FTA) with the European Union. EFTA is an important group of developed countries in Europe consisting of Liechtenstein, Iceland, Norway, and Switzerland. They formed this union in 1960 for the intensification of trade.

Negotiations commenced for the Trade and Economic Partnership Agreement (TEPA) between India and the EFTA countries in 2008. It took an extensive 21 rounds of negotiations, spanning nearly 16 years, before the final agreement was eventually signed by all parties involved.

This agreement holds significance as it represents the first-ever free trade agreement between India and European countries. However, its enforcement is contingent upon the ratification process, which requires all five countries – India, Liechtenstein, Iceland, Norway, and Switzerland – to ratify the agreement. Only after the instruments of ratification have been deposited with the government of Norway will the agreement come into force on the “first day of the third month.”

Currently, India’s merchandise trade with EFTA countries stands at USD 18.7 billion, with exports worth USD 1.9 billion and imports atUSD 16.7 billion, resulting in a trade deficit of USD 14.8 billion.

A country-wise trade direction reveals that out of four trading partners, Switzerland emerges as the dominant trade partner, accounting for 91% of bilateral merchandise trade.

Currently, India’s merchandise exports to Switzerland stood at USD 1.3 billion, while imports at USD 15.7 billion. India’s exports to Norway were approximately USD 569 million, with imports were around USD 938 million. India’s exports to Iceland stood at USD 10.4 million and imports at USD 5 million. India exports to Liechtenstein’s were USD 0.3 million and imports stood at USD 2 million, respectively, in the overall trade dynamics.

The top five commodities of India’s exports to Switzerland include organic chemicals, natural or cultured pearls, nuclear reactors, aircraft, spacecraft, and parts thereof, and inorganic chemicals while top five commodities of India’s imports from Switzerland are natural or cultured pearls, mineral fuels, nuclear reactors, pharmaceutical products and optical and photography.

The major five commodities of exports to Norway consists of miscellaneous goods, ships, boats and floating structures, organic chemicals, products of the milling industry and optical, photography. India’s import basket from Norway, include mineral fuels, nickel and articles thereof, fertilisers, iron and steel, aluminum and articles thereof.

The basket of major export commodities to Iceland comprise of wadding, felt and nonwovens, iron and steel, organic chemicals, nuclear reactor and rubber and articles thereof. While import basket consist of tanning or dyeing extracts, pulp of wood, animal or vegetable fats and oils, optical, photographic cinematographic, raw hides and skins.

Electrical machinery and equipment, nuclear reactors, organic chemicals, pharmaceutical products and other base metals are major commodities of export to Liechtenstein. While top five commodities of India’s imports from Liechtenstein are optical, photographic cinematographic, Electrical machinery and equipment, natural or cultured pearls, nuclear reactors and articles of stone.

The India-EFTATEPA covers two-way trade between goods, services and investments. The agreement comprises of 14 chapters with main focus on market access related to goods, rules of origin, trade facilitation, trade remedies, sanitary and phyto-sanitary measures, technical barriers to trade, investment promotion, market access on services, intellectual property rights, trade and sustainable development and other legal and horizontal provisions

EFTA is providing access to 92.2% of its tariff lines, encompassing 99.6% of India’s exports. The agreement is expected to lower tariffs on products like machinery, chocolates, and other industrial items and services. The market access offer from EFTA includes all non-agricultural products and tariff concessions on Processed Agricultural Products (PAP). India has presented 105 sub-sectors to EFTA and has obtained commitments in 128 sub-sectors from Switzerland, 114 from Norway, 107 from Liechtenstein, and 110 from Iceland.

It is a comprehensive agreement covering not only merchandise trade but also services and investment. On the services front, this agreement will accelerate services exports of key sectors such as IT services, business services, personal and other services. Services offers from EFTA include better access through digital delivery of Services, commercial presence and improved commitments and certainty for entry and temporary stay of key personnel.

Exporters will get access to a significant expanding market thereby diversifying supply chains. By promoting domestic production in industries like manufacturing, machinery, pharmaceuticals, chemicals, food processing, transport and logistics, banking and financial services, insurance, and infrastructure and connectivity, TEPA would boost “Made in India” and Atmanirbhar Bharat.

The EFTA states have committed to enhancing their FDI in India by $50 billion over a span of 10 years. Furthermore, they have pledged an additional $50 billion in the subsequent five years. This substantial investment will contribute to the development of infrastructure, elevate the quality of products and services, foster a competitive business environment, and provide financial resources for economic growth.

Notably, this agreement marks a significant milestone as it is the first legal commitment to promote investment with specific targets and the generation of employment. Over the next 15 years, TEPA would expedite the creation of a significant number of direct jobs, together with improved facilities for vocational and technical training, for India’s youthful, aspiring workforce. TEPA also makes access to cutting edge technologies in precision engineering, health sciences, renewable energy, innovation, and research and development easier.

In conclusion, the India-EFTATEPA marks a significant milestone in enhancing trade relations between India and the EFTA nations. With its comprehensive framework covering goods, services, and investments, TEPA sets the stage for deeper economic cooperation and mutual benefits.

By lowering tariffs, promoting investment, and facilitating job creation, TEPA not only fosters economic growth but also underscores India’s commitment to embracing free trade amidst a global landscape of protectionism. As TEPA unfolds, it holds the promise of unlocking new avenues for trade expansion, driving innovation, and fostering prosperity for both India and EFTA countries. (ANI/ Agencies)

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16. “Look forward to working together”: PM Modi congratulates Russian President Putin on his re-electionСр, 20 мар[-/+]
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Prime Minister Narendra Modi on Monday congratulated Russian President Vladimir Putin on his re-election as the President of the Russian Federation.

PM Modi said that he is looking forward to further strengthen strategic partnership ties between India and Russia.

In a post on X, PM Modi wrote, “Warm congratulations to H.E. Mr. Vladimir Putin on his re-election as the President of the Russian Federation.”

“Look forward to working together to further strengthen the time-tested Special & Privileged Strategic Partnership between India and Russia in the years to come. @KremlinRussia” PM Modi said.

Russian President Vladimir Putin won the presidential elections on Sunday, receiving 87.17 per cent of the votes based on the result of processing 70 per cent of the electoral protocols, Russia-based TASS reported, citing data from the Central Election Commission of the Russian Federation.

The Communist Party of the Russian Federation candidate Nikolai Kharitonov secured the second spot with 4.1 per cent of the votes while New People Party candidate Vladislav Davankov stood third with 4.8 per cent votes.

The Liberal Democratic Party of Russia (LDPR) candidate, Leonid Slutsky, received a mere 3.15 per cent of the votes counted.

Putin received more votes in comparison to the 2018 elections where he bagged 76.69 per cent of the total votes counted. The performance of the other candidates was lower than that of the previous competitors of Russian President Vladimir Putin in 2018, according to reports.

This was the first time, remote electronic voting was used for the presidential elections in Russia. Residents used the federal platform in 28 regions while people in Moscow cast votes on their own platform.

The final turnout for online voting on the federal platform stood at 94 per cent, meaning that 4.4 million people cast their votes online. In Moscow, almost 3.7 million electronic ballots were issued, including voters who used special terminals at polling stations.

Putin has served four terms as Russian President. He was first elected President in 2000 and again in 2004, 2012, and 2018. (ANI)

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17. From Rs 77,000 to Just Rs 600: India Manufactures World’s Cheapest Drug to Treat Sickle Cell AnaemiaСр, 20 мар[-/+]
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Akums Drugs & Pharmaceuticals, aligning with the Narendra Modi government’s vision of eliminating sickle cell anaemia, has slashed the price of its key drug by 99 per cent.

The firm has launched the world’s cheapest Hydroxyurea to treat the disorder, slashing the price of the drug to Rs 600 (for every 100 ml) which is significantly lower than the current import price of approximately Rs 77,000 for global brands.

Sickle cell disease is a hereditary blood disorder that alters the structure of red blood cells, causing them to become sickle-shaped and unable to adequately transport oxygen throughout the body.

Hydroxyurea is an oral suspension drug primarily used as chemotherapy medication to treat certain types of leukaemia. Also, the drug is beneficial for individuals with sickle cell disease as it maintains the roundness and flexibility of blood cells, facilitating smoother blood flow and improved oxygen delivery throughout the body. Consequently, this leads to reduced pain and fewer hospital visits.

Another significant advantage of the Akums-manufactured suspension is its stability at room temperature, unlike its global counterpart, which necessitates storage at 2-8 degrees Celsius.

Akums, headquartered in Delhi, operates as a pharmaceutical contract development and manufacturing organization (CDMO) and manufactures a line of products for top drugmakers, including Cipla, Dabur India, Dr Reddy’s Laboratories, and Sun Pharmaceutical among others.

The drug will be sold by Akums as well as other pharma companies under different brand names. “We will distribute it both directly and through pharmaceutical companies. This is a significant decision currently under discussion,” the company’s official spokesperson told News18 in an email.

“Our goal is to ensure its widespread availability in the Indian market as an affordable medication,” the official said while replying to the emailed questionnaire.

Sickle cell anaemia presents a significant health concern, with treatment costs being exorbitant. Patients endure severe pain, and the annual mortality rate from this disease continues to rise. Addressing this ongoing challenge has proven to be a persistent struggle for both the medical and pharmaceutical sectors.

As the disease is more prevalent in tribal areas, Union health minister Mansukh Mandaviya congratulated the firm for manufacturing the cheapest medicine.

“Many congratulations to you for developing a medicine to prevent sickle cell disease. PM @NarendraModi ji had launched the Sickle Cell Anemia Eradication Mission by 2023. This medicine will prove to be a boon, especially for our tribal sisters, brothers and children and we will soon free India from sickle cell,” the minister tweeted on social media platform X.

MORE SUCH DRUGS IN THE PIPELINE

The company claims that its research and development team has been working on reducing the price of the drug for the last two years.

On being asked if there are any other drugs in the pipeline whose prices can be slashed phenomenally, the official spokesperson said that the company is working on slashing the prices of multiple drugs.

“Our research and development team and product teams are dedicatedly working on several drugs. The pricing of medicines is determined under the guidance of the price regulator, National Pharmaceutical Pricing Authority (NPPA).”

“It would be hasty to disclose the names of these medicines at this time. We will keep you updated as soon as we receive approvals from the authority.”

The company said that its R&D team is currently working on several rare diseases, one of which is sickle cell anaemia, for which the Hydroxyurea oral suspension has been developed.

“Additionally, we have recently launched a nasal spray in our pharmaceutical line. Furthermore, we are also focusing on nutraceuticals, with innovative gummies and liquid orals already launched under this category,” the spokesperson said. (News18)

The post From Rs 77,000 to Just Rs 600: India Manufactures World’s Cheapest Drug to Treat Sickle Cell Anaemia appeared first on NewsWire.


18. “Very Heartening To See”: PM Modi On First-Ever Formula-4 Car Show In SrinagarСр, 20 мар[-/+]
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Prime Minister Narendra Modi said on Sunday that it was heartening to see the first-ever Formula-4 car show that was held on the banks of Dal Lake in Srinagar, and that it will further help showcase the beauty of Jammu and Kashmir.

“This is very heartening to see. It will help further showcase the beauty of Jammu and Kashmir. India offers great opportunities for motorsports to thrive and Srinagar is right on top of the places where it can happen!” PM Modi said in a post on X.

PM Modi shared an individual’s post on X, that read, “Mera Kashmir badal raha hai–PM Modi has changed Kashmir! The first-ever Formula 4 car show was held on the banks of Dal Lake, Srinagar, today! #Article370.”

The Prime Minister also reposted the vibrant images from the motorsports show.

The racing event was a collaboration between Formula 4 and the Indian Racing League under the aegis of the Tourism Department on Sunday. (NDTV)

This is very heartening to see. It will help further showcase the beauty of Jammu and Kashmir. India offers great opportunities for motorsports to thrive and Srinagar is right on top of the places where it can happen! https://t.co/RNSRy4NnZ3

— Narendra Modi (@narendramodi) March 17, 2024

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19. Singapore Opposition Leader criminally charged for lying to ParliamentСр, 20 мар[-/+]
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Singapore opposition leader Pritam Singh was charged with two counts under the Parliament Act in connection with a lying scandal involving a former lawmaker.

Singh was charged Tuesday in a Singapore court for “willfully making false answers to material questions” during an examination by the Committee of Privileges, according to a statement from the police and Attorney-General’s Chambers. Singh, who heads the opposition Workers’ Party, pleaded not guilty.

The Workers’ Party made historic gains in the last election in 2020 when it won a record ten seats and secured two group representation constituencies. It had cast itself as a check on the ruling People’s Action Party that has been in power since independence in 1965.

In 2022, a parliamentary committee stacked with ruling party officials found that Singh “told untruths” during his testimony into the investigation of former lawmaker Raeesah Khan, who allegedly lied in parliament about a sexual assault case. Parliament approved a motion to refer Singh to the prosecutor for possible criminal charges.

The same year, lawmakers unanimously agreed to raise the threshold to disqualify members of parliament for five years if they are fined at least S$10,000 in a criminal case, from S$2,000 previously.

Prosecutors plan to ask the court to impose a fine if Singh is convicted. The offenses are punishable with a fine of up to S$7,000 ($5,224) and a jail term of as long as three years. Another Workers’ Party lawmaker was given a police advisory and wasn’t charged.

“It is quite clear, Mr Singh is not at significant risk of losing his seat or his eligibility to contest in a parliamentary election,” said Eugene Tan, a law professor at Singapore Management University.

The charges come as the city-state prepares for a meticulously planned political succession this year ahead of a general election that are due to be held by November of 2025. Prime Minister Lee Hsien Loong has said he will hand over power to his deputy Lawrence Wong before the vote.

“Until the legal process comes to a complete close, I will continue with all my Parliamentary duties,” Singh wrote in a Facebook post. “When I first entered politics some years ago now, I was under no illusion as to the challenges that lay ahead in building a more balanced and democratic political system in Singapore.”

Singh’s case adds to the number of controversies that has hit the city-state over the last year. Earlier this year, former Transport Minister S. Iswaran resigned after being charged with corruption in the biggest political scandal in almost four decades. Iswaran, who’s out on bail, rejected the 27 charges against him, including allegedly obtaining tickets to musicals and soccer matches in the U.K.

In July, a Workers’ Party lawmaker resigned following an affair with a colleague just days after two ruling party members of parliament stepped down over a similar inappropriate relationship. (Time)

The post Singapore Opposition Leader criminally charged for lying to Parliament appeared first on NewsWire.


20. WhatsApp announces new featureВт, 19 мар[-/+]
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Instant messaging App, WhatsApp has added new text formatting options to improve messaging.

According to the technology news website, The Verge, several new text formatting options have been added to WhatsApp to help users communicate more effectively.

WhatsApp users can now use bulleted and numbered lists, block quotes, and inline code to highlight and organize their messages, making it easier to break down large sections of text into something easier to read.

These new formatting options have been in development for a while, but now they’re available on WhatsApp for Android, iOS, Web, and Mac, alongside support for Channels.

They join the existing bold, italic, strikethrough, and monospace formats that were already available to all WhatsApp users. (NewsWire)

The post WhatsApp announces new feature appeared first on NewsWire.



 
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