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Modi government in its third term might harden its posture against the neighbour with which relations have been hostage to heightened border disputes ever since skirmishes between Indian and Chinese forces along the border in 2020. PM Modi is likely to attend the Shanghai Cooperation Organisation (SCO) in Kazakhstan in the first week of July where he might run into China’s President Xi Jinping. Shortly before a possible meeting between the two leaders, India seems to be hardening its posture against China. The two meetings between Modi and Xi after the Galwan clashes at the G20 Summit at Bali in 2022 and the BRICS Summit in South Africa a year later failed to yield any positive results. Thousands of troops remain deployed on either side of the Sino-india border .

strategic partners to building a defence innovation bridge under the Critical and Emerging Technology Initiative, the US has said on the partnership's first anniversary. INDUS-X, which stands for enhanced strategic and defence partnership between India and the US, was launched on June 21 last year by the US Department of Defence and the Indian Ministry of Defence during Prime Minister Narendra Modi's state visit to Washington, DC. «In its first year, INDUS-X has advanced both countries' commitment to build a defence innovation bridge under the initiative on Critical and Emerging Technology (iCET),» the Department of Defence said in a press release on Friday. The iCET was launched by Prime Minister Modi and US President Joe Biden on the sidelines of the QUAD summit in Tokyo on May 24, 2022.

personal guarantors seeking to resolve their financial difficulties", the Ministry of Corporate Affairs (MCA) said in a communication to stakeholders. Personal guarantors give lenders an assurance of the repayment of loans taken by corporate debtors. Usually, these individuals are promoters or directors of the companies concerned or occupy key positions in them. Earlier this week, the insolvency regulator floated a discussion paper seeking to make it difficult for personal guarantors of defaulting firms to escape liabilities.

Reserve Bank of India's Monetary Policy Committee have flagged worries relating to price worries in coming months owing to 'exceptionally' warm summer months experienced across the country, as per the Minutes of the June meeting released on Friday. RBI Governor Shaktikanta Das opined that retail inflation in India would moderate to an average of 4.5 per cent in FY25, higher than the target of 4 per cent. «In the immediate months, however, the impact of exceptionally warm summer months on output of certain perishables; a likely rabi production shortfall in some pulses and vegetables – particularly potatoes and onions; and the upward revisions in milk prices, warrant close monitoring,» Das said.

India reiterated its stance on the Dalai Lama's position, emphasising his «revered» status and the respect accorded to him by the Indian people. «I would like to reiterate India's position on His Holiness Dalai Lama. He is a revered religious leader and is deeply respected by the people of India. His Holiness is accorded due courtesies and freedom to conduct his religious and spiritual activities,» stated Randhir Jaiswal, spokesperson for the Ministry of External Affairs (MEA). Jaiswal's comments came, during a weekly briefing, in response to queries regarding India's stance on the succession of the Dalai Lama, highlighting the spiritual leader's significant role in India's cultural fabric.

Kazakhstan’s First Deputy Foreign Minister Akan Rakhmetullin underscored the crucial role of the United Nations in addressing urgent global challenges ahead of the July 3-4 SCO Summit. He recently highlighted the high level of interaction between Kazakhstan and the UN over 32 years of cooperation.

South Korea says it will consider sending arms to Ukraine after Russia and North Korea rattled the region and beyond by signing a pact to come to each other’s defense in the event of war

China's Commerce Ministry has accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%

Some 580,000 glass coffee mugs are being recalled across the U.S. after dozens of burn and laceration injuries were reported by consumers

EKA Mobility, which received a tranche of Rs 200 crore from Japan’s Mitsui & Company, is looking at commissioning a third manufacturing facility for rolling out electric buses and light commercial vehicles in the country the next 12-18 months. This strategic infusion of capital will be deployed to meet capital expenditures and working capital needs, supporting EKA Mobility’s expansion in the fast-evolving electric vehicle space in the country, Sudhir Mehta, Founder and Chairman, EKA Mobility told ET. EKA (Pinnacle Mobility Solutions) Mobility — one of the commercial vehicle manufacturers approved under the Champion OEM (Original Equipment Manufacturer) Scheme & EV component manufacturing scheme of the Rs 25,938 crore auto PLI policy — has a strategic partnership with Japan’s Mitsui and Netherlands-based VDL Groep to manufacture electric buses and light commercial vehicles.

York Regional Police say a six-year-old boy was struck and killed by a school bus picking up children for school in Kleinburg, Ont., on Wednesday morning.

licence of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been asked to issue an order for winding up the bank and appoint a liquidator, RBI said. According to RBI, the cooperative bank ceases to carry on banking operations with effect from the close of business hours on June 19, 2024. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh only from Deposit Insurance and Credit Guarantee Corporation (DICGC).

Chinese Premier Li Qiang is set to talk with Malaysian Prime Minister Anwar Ibrahim with the two countries due to ink new cooperation pacts on digital economy and green development as they mark 50 years of diplomatic relations

India and the U.S. have pledged to boost defense and technology cooperation and remove long-standing barriers to bilateral strategic trade, following a meeting between the national security advisers of both countries

A trio of extraordinary stories are increasing the pressure on The Washington Post's new leadership, along with highlighting the differences in journalism practices in England and the United States

Russian President Vladimir Putin is thanking North Korea for supporting his actions in Ukraine and says the two countries would work together to overcome U.S.-led sanctions

The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports

China has criticised the G7 Leaders' Communique, accusing the group of using China-related issues as a pretext to vilify and attack the nation. In response to a media query on China's comment to G7 Leaders' Communique, Foreign Ministry Spokesperson Lin Jian denounced the G7's statements as baseless and biased, reflecting what Beijing views as a continued effort to perpetuate US and Western dominance in global affairs.

semiconductors and critical minerals during the meeting of the India-US initiative on Critical and Emerging Technology (iCET), led by Indian National Security Adviser Ajit Doval and his US counterpart Jake Sullivan in New Delhi. India and the US Monday launched a new strategic semiconductors partnership to co-develop semiconductor design and manufacturing processes for precision-guided ammunition. «Launching a new strategic semiconductor partnership between General Atomics and 3rdiTech to co-develop semiconductor design and manufacturing for precision-guided ammunition and other national security-focused electronics platforms,» read the fact sheet issued by the US and India.

Singapore authorities say a dredger boat reported a sudden loss in engine and steering control before it hit a cargo tanker last week, causing the oil spill that has blackened part of the city-island’s southern shores

ISRO astronauts at the NASA Johnson Space Center. A fact-sheet issued by the US and India after the iCET Dialogue between US National Security Adviser (NSA) Jake Sullivan and National Security Advisor Ajit Doval said the two sides are also exploring opportunities to participate in the Lunar Gateway Programme. The Lunar Gateway Programme aims to build a space station around the moon as part of the collaborative Artemis programme spearheaded by the US. The fact-sheet said the talks between the two NSAs explored opportunities for India's participation in the Lunar Gateway Programme, as well as joint avenues for collaboration in other space technologies.