Why Italy and India swapped year for hosting G20 summit

Italy was supposed to host the G20 summit only in 2022 but it would now host the group of 20 meeting a year earlier, in 2021. Likewise, India was to be the host of the world leaders’ annual meet in 2021. But Prime Minister Narendra Modi announced that India would do it a year later, in 2022, instead. India gained freedom from the British colonial rule in 1947 and year 2022 would mark 75 years…

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Indian Prime Minister Narendra Modi’s address to the Joint Session of US Congress

Mr. Speaker, Mr. Vice President, Distinguished Members of the U.S. Congress Ladies and Gentlemen. I am deeply honoured by the invitation to address this Joint Meeting of the U.S. Congress. Thank you, Mr. Speaker for opening the doors of this magnificent Capitol. This temple of democracy has encouraged and empowered other democracies the world over. It manifests the spirit of this great nation, which in Abraham Lincoln’s words, “was conceived in liberty and dedicated to…

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India is in Afghanistan to contribute, not compete: Modi

Indian Prime Minister Narendra Modi’s address at the Parliament of Afghanistan Eight centuries ago, a famous son of Balkh Province, one of the greatest poets in human history, Jalaluddin Rumi, wrote, “Raise your words, not your voice. It is rain that gives flowers, not thunder”. This is the wisdom of this magnificent land and a great nation. A land where legends are born – of poetry and beauty, of valour and honour, of pride and…

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What Arun Jaitley’s US visit has achieved

  By EMILY SCHAUER Indian finance minister Arun Jaitley recently made a trip to the US in an effort to maintain ties with the US and drum up foreign investments. Seeking to increase the flow of American investment to India, Jaitley highlighted several improvements in India that boost investment appeal. Specifically, he cited improvements in tax structure and a key shift in perception of foreign investment. The Wall Street Journal quoted him as saying:  “When…

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Obama to be chief guest of India’s Republic Day

US President Barack Obama on Friday set the ball rolling for creating history by accepting Indian Prime Minister Narendra Modi’s invitation to be the Chief Guest of India’s Republic Day on January 26, 2015. For one, Obama will be the first US President to be India’s chief guest during Republic Day. In addition, Obama will be the first US President to visit India twice while in office. Obama also visited India in 2010 during his…

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Rajapaksa seeks third term as Sri Lankan president

Seeking a third term, Sri Lankan President Mahinda Rajapaksa on Thursday announced presidential elections ahead of schedule. The decision to hold presidential polls, expected in January next year, comes two years before the expiry of 69-year-old Rajapaksa’s current six-year term. “I am declaring a secret today. I have signed the proclamation calling for the election, for re-election for the third time. That is democracy,” Rajapaksa said on television Thursday. A statement from his office said,…

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India, US reach deal to break WTO impasse

In a major victory for India, the US on Thursday agreed to support the former’s demand to be allowed to continue with its food stockpiling scheme. In return, India will lift its veto on a global agreement on streamlining customs rules, known as the Trade Facilitation Agreement (TFA), being negotiated by the members of the World Trade Organization (WTO). With this, the TFA – which is estimated to add $1 trillion to the world economy…

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