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The Dollar Business Bureau Prime Minister Narendra Modi’s three-day visit to Israel is a landmark moment for the Jewish nation, which is seeking the friendships of powerful partners and clients for its cutting-edge military equipment. Modi started his historic’ visit on Tuesday - the first ever by an Indian Prime Minister to Israel and received an overwhelming welcome by the Jewish state.  Reflecting the significance that this is a first visit by an Indian premier since the establishment of Israel 70 years ago, the Middle East nation rolled out a red carpet to welcome the PM when he landed at Tel Aviv's International Airport. Israel’s Prime Minister Benjamin Netanyahu broke the protocol and received Modi with handshakes and hugs. Netanyahu was present with his entire Cabinet and ...

The Dollar Business Bureau Prime Minister Narendra Modi left for Kazakhstan on Thursday to attend the two-day summit of Shanghai Cooperation Organisation (SCO). During the summit to be held on June 8-9 in Astana, the capital city of Kazakhstan, India is set to become a member of the SCO. The Prime Minister will also attend the inauguration of the Astana Expo 2017 on Friday which is based on the theme of ‘Future Energy’ this year. “At this meeting, on completion of the process, India will become a full Member of the SCO upon which SCO will represent over 40% of humanity and nearly 20% of global GDP,” the PM wrote. “We launched the process of full membership in Tashkent meeting of the SCO last year. I look forward to deepening India’s ...

The Dollar Business Bureau Indian Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan have recently held conversations and reviewed security and trade agreements with a view to improve trade between the two countries. The President’s first foreign visit, after the recent 16th April referendum was a closely observed spectacle as the two countries have observed an increase in bilateral trade and there was hope that this number could only be increased in recent times. Both leaders vowed to work together and to strengthen cooperation bilaterally and multi-laterally at a press conference organized during Erdogan’s first day in the capital. The discussion revolved around regional and international issues of mutual concern such as tackling counter-terrorism, regional security scenario and more importantly India's ...

The Dollar Business Bureau India and Armenia on Tuesday signed three agreements to strengthen bilateral cooperation, after Vice President of India Hamid Ansari held discussions with the Armenian leadership including Prime Minister Karen Karapetyan, President Serzh Sargsyan and Foreign Minister Eduard Nalbandian. Both sides also stressed that terrorism is a major concern for the world and there cannot be double standard on this issue.  During the discussions, Ansari emphasised that there is nothing like good or bad terrorism. Both sides acknowledged that international community has to speak in one voice against the terrorism and there cannot be double speak on this menace. Armenia stated that how it had provided voluntary support for India at international forums that also include the United Nations (UN).  Briefing ...

PTI The PM on Wednesday chaired a high-level meeting to discuss a roadmap to reduce dependency on import of oil and gas. During the meeting, the Petroleum Ministry presented strategies for achieving the objective by increasing production of crude oil and gas, promoting biofuels and renewables, energy efficiency and conservation.The meeting was attended by Home Minister Rajnath Singh, Petroleum Minister Dharmendra Pradhan, Environment Minister Prakash Javadekar, Vice Chairman and CEO NITI Aayog, Cabinet Secretary, and senior officials from PMO, Petroleum Ministry, MEA, Home Ministry, Finance Ministry and Defence Ministry.

The Dollar Business Bureau With an aim to improving the bilateral trade, Sushma Swaraj organized a delegation level talk with Javed Zarif, her counterpart from Iran. Presently, Swaraj is on a two-day visit to Tehran. The Ministry of External Affairs (MEA) Spokesperson Vikas Swarup tweeted, “A conference of civilizations. EAM @SushmaSwaraj and FM @JZarif hold delegation level talks on India Iran relations.” Swaraj started the engagement in Tehran by visiting a Gurudwara and a community school. “The Gurudwara, established in 1941, and the Indian school cater to the needs of the vibrant community in Tehran,” he said “Returning an important call. After FM @JZarif’s visit to Delhi last year, he receives EAM at the Foreign Ministry,” Vikas said in a series of tweets. Swaraj assured the ...

The Dollar Business Bureau The government has asked Indian and African business enterprises to come forward and forge business partnerships in the backdrop of “Make in India” initiative in order to promote investments and boost bilateral trade. Speaking at the 3rd India Africa Forum Summit on Thursday, External Affairs Minister Sushma Swaraj pointed out that India and Africa need to extend cooperation and collaboration in several key sectors. Swaraj hoped that African countries will take more steps to attract Indian investments. “There was a time when India and Africa were one landmass, united by geology. Today, we are united by our common goal for progress, prosperity and peace around the world,” she said. On Wednesday, FICCI, in association with Exim Bank, ...

The Dollar Business Bureau Connectivity and trade infrastructure are the key factors that can further boost India’s economic relationship with ASEAN countries, a senior government official said. “There is still huge potential to boost the economic tie. Singapore is India’s largest investment partner. It is good in transport, innovation, etc. Malaysia and Thailand are good in logistics and other sectors. India can collaborate with these countries,” said Ambassador Anil Wadhwa, Secretary (East), Ministry of External Affairs (MEA). His statement comes at a time when India’s foreign trade is facing challenge after the Trans-Pacific Partnership (TPP) agreement between 12 countries of the Pacific Rim, which accounts for more than 40% of the global trade. Experts say that the 12-nation trade bloc would ...