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China Assures India On Rare Earths, Fertilisers Amid Trade Talks

jaishankar wang yi india china

In a sign of further thawing of economic ties, China has assured India to address its major trade concerns, especially around the import of rare earths and fertilisers. Chinese Foreign Minister Wang Yi has told External Affairs Minister (EAM) Dr S Jaishankar that Beijing is addressing India’s three key concerns — rare earths, fertilisers and tunnel boring machines, according to government sources.

China has imposed restrictions on the exports of rare earth magnets in retaliation against the US tariff hikes and is using the commodity as a bargaining chip in the trade war. This has also had an impact on other countries that are dependent on Chinese imports.

Rare earth magnets are used in a variety of high-tech applications, ranging from electronic goods and electric vehicles to large-scale industrial equipment. Chinese Foreign Minister Wang Yi arrived in New Delhi on Monday for a two-day official visit during which he will hold a fresh round of Special Representatives (SR) dialogue on the boundary question with National Security Advisor (NSA) Ajit Doval and also call on Prime Minister Narendra Modi.

China’s Foreign Ministry asserted that Wang Yi’s India visit will help in both countries working together to implement the consensus reached between Chinese President Xi Jinping and Prime Minister Narendra Modi last year. During his opening remarks, EAM Jaishankar said as neighbouring nations and major economies in the world, there are various facets and dimensions of the India-China ties.

“It is also essential in this context that restrictive trade measures and roadblocks are avoided”, he added. “When the world’s two largest nations meet, it is natural that the international situation will be discussed. We seek a fair, balanced and multi-polar world order, including a multi-polar Asia. Reformed multilateralism is also the call of the day. In the current environment, there is clearly the imperative of maintaining and enhancing stability in the global economy as well. The fight against terrorism in all its forms and manifestations is another major priority. I look forward to our exchange of views,” EAM Jaishankar noted.

The meetings could see both sides deliberate on a range of key issues, including the border situation, trade and resumption of flight services.

-IANS

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India-Russia Ties In Focus As EAM S Jaishankar Begins Moscow Visit Today

India Russia Ties In Focus As EAM S Jaishankar Begins Moscow Visit Today

External Affairs Minister (EAM) S Jaishankar will leave for Russia on Tuesday for a three-day official visit aimed at deepening the longstanding India-Russia Special and Privileged Strategic Partnership, the Ministry of External Affairs (MEA) announced.

The visit, scheduled till August 21, comes at the invitation of Russian First Deputy Prime Minister Denis Manturov. During his stay, EAM Jaishankar will co-chair the 26th Session of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC) on August 20 and also address the India-Russia Business Forum in Moscow.

The EAM will hold talks with Russian Foreign Minister Sergey Lavrov to review the full spectrum of bilateral ties and exchange views on pressing regional and global developments. “The visit aims to further strengthen the longstanding and time-tested India-Russia Special and Privileged Strategic Partnership,” the MEA said in a statement.

The Russian Ministry of Foreign Affairs earlier confirmed the meeting, posting on X, “FM Sergei Lavrov’s schedule: On August 21, FM Sergei Lavrov will hold talks with FM of India Dr S Jaishankar in Moscow. The Ministers will discuss key issues on our bilateral agenda, as well as key aspects of cooperation within international frameworks.” EAM Jaishankar’s visit follows National Security Advisor (NSA) Ajit Doval’s recent trip to Moscow, where he held discussions with Russian President Vladimir Putin, First Deputy Prime Minister Manturov, and Secretary of the Security Council Sergei Shoigu.

The upcoming talks also come close on the heels of the Jaishankar-Lavrov meeting at the Shanghai Cooperation Organisation (SCO) Foreign Ministers’ meet on July 15, and their engagement during the BRICS Summit last month, where the leaders deliberated on bilateral cooperation, West Asia, BRICS, and SCO.

Earlier this year, Foreign Secretary Vikram Misri visited Moscow to hold bilateral Foreign Office Consultations with Russian Deputy Foreign Minister Andrey Rudenko. During the consultations on March 7, the two sides reviewed the entire gamut of bilateral ties and also shared perspectives on regional and global issues of mutual interest.

Both sides took stock of progress on implementation of decisions taken at the 22nd Annual Summit held in Moscow in July 2024, the meeting in Kazan on the sidelines of the 16th BRICS Summit between Prime Minister Narendra Modi and President Vladimir Putin, the 25th session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation held in New Delhi in November 2024, and other high level engagements.

In November 2024, Russia’s First Deputy Prime Minister Denis Manturov and EAM Jaishankar co-chaired the 25th meeting of the India-Russia Inter-Governmental Commission on Trade. Economic, Scientific, Technical and Cultural Cooperation in New Delhi.

Russian President Vladimir Putin is also expected to visit India following an invitation from Prime Minister Narendra Modi. The visit is being planned as part of the ongoing commitment to annual meetings between the two leaders.

-IANS

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Five Years Of Closure: Nathu La Trade Remains Suspended Following China’s Aggression

nathu la trade china aggression closure

As many as 400 families depending on trade between Sikkim and Tibet are facing difficulties due to the prolonged closure of the border which has hit the common people on both sides, a report has highlighted.

The thriving border trade through Nathu La and the other two routes – Lipulekh Pass in Uttarakhand and Shipki La pass in Himachal Pradesh – came to a halt in 2020 when the Chinese army violated a series of bilateral protocols in eastern Ladakh.

“Officially, the reason for the suspension in border trade is shown to be the pandemic, but the fact remains that the pandemic ended long ago while the trade remains suspended for the past five years. The real reason for the suspension in trade is aggressive moves by China on the border, beginning in 2017 with the incursion in the Doklam Plateau in Bhutan, which is close to Nathu La,” Nepal’s online news portal Hamrakura reported.

Quoting Tshephel Tenzing, the General Secretary of Gangtok-based Nathu La Border Trade Association, it mentions that the repeated Chinese aggressions across the border with India have only brought suffering and hardships for the common people in the trans-Himalayan region.

According to Tenzing, the Tibetan traders and labourers are also facing financial hardships since the closure of the trade.

“He (Tenzing) had interactions with Tibetan traders at the trade marts when trading was on. Since the beginning of the border trade, the financial conditions of these Tibetans had improved. Most of the Tibetan labourers engaged in the border trade came from Tromo County, a part of the Shigatse prefecture in the plateau. Only they could travel up to the Indian trade mart at Sherathang, not the Chinese businessmen engaged in the border trade. The Tibetan traders and labourers in Tromo County have suffered the most because of the closure of the Nathu La border trade,” the report detailed.

As per the Border Trade Association 400 trade passes used to be issued every year to traders in Sikkim to do business with traders in Tibet. The association has now written to the Sikkim Government to provide these traders with alternative employment.

“About 150 drivers ferrying merchandise from Gangtok to the Sherathang trade mart on the Indian side and Rinchenpong on the Tibetan side are facing loss of income since the closure of the trade. Some of them have now started driving taxis and buses on the mainline passenger routes in Sikkim,” the report states. –IANS /as

-IANS

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Mass Deportation: Iran Plans Return Of 2 Million Undocumented Afghan Nationals

Mass Deportation: Iran Plans Return Of 2 Million Undocumented Afghan Nationals

Amid rising regional pressure on refugees, Iran is planning to deport around two million undocumented Afghan migrants, the authorities in Tehran said on Monday while assuring that the process will follow legal procedures with dignity.

Iran’s Interior Minister Eskandar Momeni said that a new programme is underway to send back around two million undocumented Afghans to their homeland with “dignity and respect,” leading Afghan news agency Khaama Press reported.

Speaking to reporters in Mashhad on Monday, Momeni said the first phase will focus on undocumented Afghans who came to Iran with no legal document. He stated that over six million Afghan nationals currently reside in Iran, noting that managing such a large population needs serious national and international cooperation.

He stressed that the programme should not be considered anti-immigrant and stated that each nation has its own laws and regulations regarding foreign nationals. He further stated that the National Migration Organisation will oversee the process, ensuring that all returns are sent back to Afghanistan as per legal procedures and with respect for human dignity. Momeni stated that majority of Afghan nationals are expected to leave through the Khorasan Razavi border, which has for long been a crossing point between the two nations.

Iranian minister’s announcement comes as Pakistan prepares to start its own repatriation campaign for Afghan migrants, set to begin in September. Humanitarian groups have expressed concerns over mass deportations from Iran and Pakistan, saying that it could cause a severe crisis, as people who have returned to their homeland face poverty, unemployment, and restrictions under Taliban rule.

On August 17, the United Nations High Commissioner for Refugees (UNHCR) warned that its funds are depleting as 2.2 million Afghans have returned from Pakistan and Iran and called for urgent aid amid worsening poverty and dire humanitarian crisis. The UNHCR warned that its budget is running out amid mass expulsion of Afghan refugees from Iran and Pakistan.

In a statement on August 17, the UNHCR called for urgent international aid to sustain its operations supporting Afghan returnees. Since the start of 2025, over 2.2 million Afghans have been deported from Iran and Pakistan, according to UNHCR. The UN mentioned that poverty and unemployment in Afghanistan are rising sharply, with over half of the people reliant on humanitarian assistance for survival.

-IANS

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The New Gold: Kerala’s Coconut Shells Turn Lucrative Commodity As Prices Soar To ₹ 35/kg

kerala coconut shells gold

Once discarded as waste, coconut shells in Kerala have turned into a lucrative commodity, with prices hitting record highs on the back of rising industrial demand from other states and even overseas.

The price of coconut shells has seen a significant jump, rising to a record high of up to Rs 35 per kg in some parts of Kerala in the past few months. Interestingly, a year ago, coconuts in the state were sold for Rs 30-40 a kg (now Rs 80-90), while today their shells are fetching up to Rs 35 a kg in many parts of Kerala.

The price escalated from Rs 5 per kg at the beginning of this year, creating a lucrative market for coconut traders and farmers. Traders involved in the trade have confirmed that the price surge is a result of high demand from both domestic and foreign markets.

Subair, a trader in southern Kerala’s Kollam city, said that he is selling the coconut shells to traders from Tamil Nadu who, in turn, export to China and Taiwan, adding that its prices touched Rs 33 in Kollam.

According to him, the shells are used to produce activated carbon for water purification, cosmetics, and various industrial applications. Murugan, a trader in Erattupetta of Kottayam district, said that the jump in the price of coconut shells up to Rs 35 a kg made it a high-value product.

Murugan says he collects the shells locally and has been selling them to the traders in Tamil Nadu and Karnataka. Households in Kerala have also begun storing coconut shells to sell them to local traders at higher rates after the recent surge in their prices.

The sudden rise in value has made the coconut shell a ‘gold price’ commodity, with the small-scale entrepreneurs now engaging in online-based collection businesses. The sudden rise in the prices of coconuts and coconut oil, both essential in the daily life of Keralites, has upset the household budget across the state. In the state, a kg of coconut costs around Rs 80-90, while coconut oil is priced at Rs 400-500 per kg.

With the Onam festival approaching, the price surge has turned into a major political issue, prompting the government to announce subsidised sales of coconut oil to provide some relief to consumers.

-IANS

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Eradicated In India, Continues Across The Border: Two New Polio Cases Reported In Pakistan, Total Reaches 21 In 2025

polio pakistan india

Two new cases of polio have been detected in Pakistan, according to the Regional Reference Laboratory for Polio Eradication at the National Institute of Health (NIH). One polio case has been reported in Lower Kohistan district of Khyber Pakhtunkhwa while another one has been detected in Sindh’s Badin district, local media reported on Monday.

The new cases include a six-year-old girl from Lower Kohistan’s Union Council Pattan and a 21-month-old girl from Union Council Matli-2, Badin, The News International reported. After the detection of these new cases, the total number of polio cases in Pakistan this year has reached 21, including 13 from Khyber Pakhtunkhwa, six from Sindh, and one case each from Punjab and Pakistan-occupied Gilgit-Baltistan (PoGB).

Polio is a highly infectious viral disease that largely affects children aged below five years, according to World Health Organisation (WHO). There is no cure for polio, however, it can only prevented by immunisation. The polio vaccine, given multiple times, can protect a child for life.

The continued detection of polio cases shows that children remain at risk in areas, where less number of people are ready to vaccinate their children. Pakistan and Afghanistan are the only two countries in the world where Wild Poliovirus remains endemic. Polio workers have frequently been targetted in attacks, particularly in the northwest and southwest regions.

A Sub-National Polio Vaccination Campaign is scheduled to take place in Pakistan from September 1-7, targetting 28 million children under the age of five in 99 districts of all provinces and regions, as per the report. The polio vaccine campaign in southern Khyber Pakhtunkhwa will be conducted from September 15.

The campaign is aimed to ensure that every child in these district gets vaccinated to protect them from polio. This campaign is part of Pakistani authorities’ efforts to strengthen immunity among children against polio and close existing protection gaps. Parents and caregivers have been asked to ensure that children receive polio vaccine during the campaign.

Earlier on August 12, health authorities stated that Wild Poliovirus type 1 (WPV1) was detected in sewage samples from 42 sites across Pakistan. As many as 127 sewage samples were collected from 87 districts during July, according to testing by the Regional Reference Laboratory for Polio Eradication at the National Institute of Health in Islamabad, Xinhua News Agency reported. Among these, 42 tested positive, 75 samples were negative while 10 are still under process.

-IANS

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Govt Debt On Decline Since Covid-19, Retail Inflation at Six-Year Low of 4.6% In 2024-25: Union Finance Minister Nirmala Sitharaman

Govt Debt On Decline Since Covid-19, Retail Inflation at Six-Year Low of 4.6% In 2024-25: Union Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday told Parliament that the government has reduced its debt burden over the last five years and the fiscal deficit targets are being aligned to reduce it further in the coming years.

The government has steadily reduced the debt over the years from 61.4 per cent of GDP in 2020-21, after the Covid-19 pandemic, to 56.1 per cent of GDP in the Budget Estimate for 2025-26, the Finance Minister said in a written reply to a question in the Lok Sabha.

“Further, the government aims to keep the fiscal deficit in each year in such a manner that the Central government debt is on a declining path to attain a debt to GDP level of about 50 (plus/minus 1) per cent by March 31, 2031,” she said. The government’s outstanding debt at the end of FY 2024-25 is provisionally estimated at Rs 185.94 lakh crore.

While internal debt accounts for as much as Rs 157.11 lakh crore of this amount, external debt comprises Rs 8.74 lakh crore, while the remaining Rs 20.09 lakh crore is made up of other public account liabilities, Sitharaman said.

In answer to another question in the Lok Sabha, the Finance Minister said: “Despite an environment of unprecedented geopolitical uncertainty, supply chain disruptions, and a weak global growth outlook, the Indian economy has exhibited resilience, underpinned by prudent macroeconomic management, credible fiscal consolidation, a resilient external sector performance, and sustained structural reforms. India remains the fastest-growing major economy, registering a real GDP growth of 6.5 per cent in 2024-25.”

The fiscal deficit of the Union government has come down from 9.2 per cent of GDP in 2020-21 to 4.8 per cent of GDP in 2024-25 and is budgeted to further decline to 4.4 per cent of GDP in 2025-26. The average retail inflation rate, measured by the Consumer Price Index, stood at 4.6 per cent in 2024-25, the lowest in the last six years, and has eased further to 2.4 per cent in April–July 2025, she said.

Despite weakened global trade, India’s export performance has demonstrated resilience, with the country’s overall exports reaching an all-time high of $824.96 billion in 2024-25. This positive trend has continued into the current fiscal year, with overall exports registering an increase of 5.46 per cent during the first quarter.

Furthermore, India’s foreign exchange reserves provide a cover for more than 11 months of goods imports. This consistent macroeconomic performance underscores the Indian economy’s ability to navigate global and economic uncertainties effectively, Sitharaman observed.

She also highlighted that the government has undertaken concerted measures aimed at protecting vulnerable sections of society from the adverse effects of economic volatility while sustaining the momentum of broad-based and inclusive economic growth.

Flagship schemes such as the Pradhan Mantri Garib Kalyan Anna Yojana, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the Pradhan Mantri Awas Yojana (PMAY), the Deen Dayal Upadhyaya Grameen Kaushalya Yojana, the Stand Up India Scheme, and the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission are being implemented to ensure access to the basic essentials, enhance livelihood opportunities, and improve the quality of life for the vulnerable sections.

-IANS

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Festive Hiring Spree: Amazon India Generates Over 1.5 Lakh Work Opportunities

amazon india jobs festival festive

Online marketplace Amazon India on Monday announced that it has created over 1.5 lakh seasonal work opportunities in the country due to the increased demand in the festive season. “These include direct and indirect work opportunities in 400+ cities, including Mumbai, Delhi, Pune, Bangalore, Hyderabad, Lucknow, Cochin, Coimbatore, Indore, Raipur, etc.”

Job opportunities were created for thousands of women associates and over 2000 PWDs (differently abled people), and the company has already onboarded many of these new associates, a release from Amazon India said. The seasonal jobs are available in fulfilment centres (FCs), sort centres, and last-mile delivery stations.

“Many of these new associates continue their journey with Amazon beyond the festive period, with a significant number returning to work with us year after year,” said Abhinav Singh, VP – Operations, India &Australia, Amazon.

“Throughout our operations, we prioritise the safety and well-being of all associates—whether they’re working in our buildings or delivering packages to customers,” he said. “We remain dedicated to fostering a safe, equitable, and empowering work environment that includes social security benefits and supports the financial well-being of all our team,” Singh added.

Amazon has increased the number of Ashray rest centres in India to 100 to support the well-being of its associates in the e-commerce network, the release said. Further, it claimed to provide free health check-ups to over 80,000 delivery associates across major cities, offering comprehensive services that include eye, dental, BMI, and physician consultations.

Additionally, an on-site first aid (‘AMCARE’) facility is available at the fulfilment centres to anyone who needs immediate first-aid attention or rest. “The Early Access to Pay (EATP) programme allows associates to withdraw up to 80 per cent of their accrued basic salary within the first 20 days of each month, promoting financial flexibility and wellness,” the company said.

-IANS

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Opposition Disrupts Lok Sabha Over SIR, Special Discussion On Shubhanshu Shukla’s ISS Mission Adjourned

lok sabha opposition sir shubhanshu shukla

The Lok Sabha was adjourned for the day on Monday, after repeated disruptions by Opposition members prevented a scheduled special discussion on Group Captain Shubhanshu Shukla’s historic space mission aboard the International Space Station (ISS).

The session, intended to celebrate India’s growing space ambitions and Shukla’s return, was derailed by sloganeering and protests in the Well of the House by members of the Opposition.

The day began with high anticipation as Parliament prepared to honour Shukla, the first Indian astronaut in over four decades to conduct research and participate in over 60 scientific experiments during his 18-day stay on the ISS as part of NASA’s Axiom-4 mission.

The discussion was titled “India’s First Astronaut Aboard the International Space Station — Critical Role of Space Programme for Viksit Bharat by 2047”, and was expected to highlight India’s strategic goals in space exploration, including the upcoming ‘Gaganyaan’ human spaceflight mission.

As the House reassembled, Speaker Om Birla took the Chair and invited members to begin the discussion. Minister of State for Science and Technology Dr Jitendra Singh expressed disappointment over the Opposition’s refusal to participate, stating, “You may have disagreements with the government or the BJP, but this is about an astronaut and Air Force officer who has made the nation proud. At least show encouragement to our scientists and astronauts.”

He also said that as a doctor, he understood the situation, as all the members of the Opposition are frustrated. Despite repeated appeals from Dilip Saikia, who was in the Chair to maintain decorum and allow the debate to proceed, Opposition members continued shouting slogans, waving placards, and crowding the Well.

Saikia reminded them, “Every day you come with posters and banners. The entire nation is watching. This is a moment of pride for 140 crore Indians, but you do not want to discuss such an important issue.” The disruption forced the Chair to adjourn the House for the day, leaving the special discussion unaddressed. Shubhanshu Shukla, who returned to India on August 17 and is scheduled to meet Prime Minister Narendra Modi later on Monday, has become a symbol of India’s space aspirations.

The adjournment underscores the deepening political divide in Parliament, even on matters of national pride and scientific achievement. The missed opportunity to celebrate Shukla’s milestone has drawn criticism from across the political spectrum and the scientific community.

-IANS

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India’s Employment Rate Rises In July, Unemployment Falls To 5.2%

India's Job Crisis: Balancing Growth with Employment

The labour force participation rate (LFPR) in India, which is the indicator of employment, rose to 54.9 per cent among persons of age 15 years and above in July as compared to 54.2 per cent during June, according to data released by the Ministry of Statistics on Monday.

The worker participation rate (WPR), another indicator of employment, among persons of age 15 years and above increased to 54.4 per cent in rural areas during July this year from the corresponding figure of 53.3 per cent observed in June 2025. WPR in urban areas also registered a marginal increase to 47.0 per cent in July 2025 from 46.8 per cent in June 2025 for persons of the same age group, the data showed.

This supports the LFPR figures of an increase in employment. WPR for rural female of age 15 years and above was 35.5 per cent in July 2025 as compared to 23.5 per cent observed for urban female.

The overall female WPR of the same age group at the country level was 31.6 per cent during the month. The unemployment rate among persons of age 15 years and above declined to 5.2 per cent in July 2025 from 5.6 per cent in June 2025.

During July 2025, LFPR in rural areas and urban areas was 56.9 per cent and 50.7 per cent, respectively for persons of the same age group. LFPR in CWS for rural male of age 15 years and above was 78.1 per cent whereas the LFPR for urban male of the same age group was 75.1 per cent during July, 2025.

LFPR among rural female of the same age group increased to 36.9 per cent during July 2025, up from to 35.2 per cent reported during June 2025, the figures showed. The sampling methodology of the Periodic Labour Force Survey (PLFS) was revamped from January 2025, considering the need to generate high-frequency labour force indicators with wider coverage.

The redesigned PLFS aims to generate key employment and unemployment indicators – namely Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR) – every month for both rural and urban areas at the all-India level under the Current Weekly Status (CWS). It also aims to extend the Quarterly PLFS results to rural areas, thereby producing quarterly estimates of labour market indicators for both rural and urban India under the CWS framework.

Besides, it provides annual estimates of key employment and unemployment indicators in both usual status and Current Weekly Status (CWS) for rural as well as urban areas. Unemployment Rate (UR) for both males and females of age 15 years and above was recorded as 5.4 per cent during the quarter April-June quarter of 2025.

The overall rural UR was lower at 4.8 per cent compared to the UR of 6.8 per cent observed for the urban areas in April– June 2025 quarter. By industry of work, the agriculture sector engaged the majority of rural workers (44.6 per cent of men and 70.9 per cent of women), while the tertiary sector was the largest source of employment in urban areas (60.6 per cent of men and 64.9 per cent of women).

On average, 56.4 crore persons (aged 15 years and above) were employed in the country during this quarter, of which 39.7 crore were men and 16.7 crore were women, according to the ministry data.

-IANS

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