India, Bahrain sign pact to boost investment

India and Bahrain signed agreements in the field of healthcare and renewable energy and decided to enhance investments among both countries. The two sides also did an agreement on Exemption from Short Stay Visa for holders of Diplomatic and Official passport. The agreement comes after Sushma Swaraj meets Bahrainain Foreign Minister Shaikh Khalid bin Ahmed Al Khalifa.

Sushma Swaraj embarks two-day visit to Manama

External Affairs Minister Sushma Swaraj will today embark on a two-day visit to Manama to co-chair the second High Joint Commission meeting with her Bahraini counterpart Shaikh Al Khalifa. Mrs Swaraj will inaugurate the new Chancery building complex and address the Indian community. The visit is expected to provide an opportunity to identify new areas of cooperation between both countries.

World Population Day

World Population day is an annual event, observed on July 11 every year, which seeks to raise awareness of global population issues. This year, the theme for the World Population Day is ‘Family Planning is a Human Right’. According to UN, China with 1.4 billion & India with 1.3 billion people are the 2 most populous countries, contributing to 19% & 18 % of the global population respectively.

India-Korea technology exchange centre

India-Korea technology exchange centre was inaugurated by MoS MSME, Giriraj Singh & Minister of SMEs & Start-ups of Republic of Korea, Hong Jong- hak in Delhi. It will work towards identifying Indian technologies which can be exported to Korea & find suitable Korean partners for the same. It will help SMEs of both the countries to learn from each other to enhance their comparative advantages

India Climbs To 57th Position in GII rankings

India was ranked 57th in the latest Global Innovation Index (GII) rankings. Switzerland maintained its number one position in the Global Innovation Index rankings. Other countries that fell in the top 10 list were Netherlands, Sweden, United Kingdom, United States of America, Finland, Denmark and Germany. GII rankings are published by the World International Property Organisation (WIPO).

China pledges 20 bn in loans for Arab states

China will provide Arab states with $20 billion in loans for economic development, as China seeks to build its influence in Middle East. The money will be earmarked for projects that will produce employment opportunities & positive social impact in Arab States. China is also prepared to provide another 1 billion yuan to countries in the region to build capacity for stability maintenance.

Round Table Conference on Data for New India’

The Ministry of Statistics & Programme Implementation will organise a 2 day International Round Table Conference at New Delhi. The objective of the conference is to identify innovative ideas for improving the statistical system in India, taking cue from the best practices followed in advanced countries. Such a Conference is being organized in India for the first time.

World Sanskrit Conference in Vancouver, Canada

HRD Minister Prakash Javadekar will inaugurate the 17th World Sanskrit Conference to be held at Vancouver, Canada from 9th to 13th July, 2018. The conference aims to promote, preserve & practice the Sanskrit language all over the world by the people. World Sanskrit Conference is being held in various countries across the globe once in every 3 years & so far it has been held thrice in India.

Trade ties of India and US to be mended

Indian Delegation headed by Santosh sarangi on it’s visit to the US in mid-July may fix some deal on trade tussles going between both countries. US is likely to maintain Generalised System Preferences (GSP) for India which will allow many exporters to enjoy low tariffs. India may change the price restrictions imposed on Medical devices imported from America to trade margin rationalisation.

25 Countries In Global Banks’ ‘High Risk’ List

China, UAE, Cyprus and significantly, Mauritius, along with 21other countries have been tagged as “high-risk jurisdictions” by global banks acting as custodians for foreign funds. It comprises the largest group of investors in the Indian stock market. Large investors and beneficial owners of these funds entering India through these high-risk jurisdictions will face close scrutiny.