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India and China on Friday offered divergent views to characterise the conversation between Prime Minister Narendra Modi and President Xi Jinping in Johannesburg two days ago even as Beijing sought to downplay the eastern Ladakh border standoff saying the boundary question does not represent the «entirety» of the bilateral relations. In a readout on the conversation between the two leaders, the Chinese foreign ministry said President Xi Jinping conveyed to PM Modi that both sides should «bear in mind» the «overall interests» of the ties and «properly» handle the border issue. Hours after Beijing's statement on Modi-Xi conversation claimed it was held at the Indian side's request, Indian sources said there was a «pending request» from the Chinese side for a bilateral meeting, suggesting that New Delhi has not heeded to it. «The two leaders, however, had an informal conversation in the leaders' lounge during the BRICS summit,» one of the sources said. Modi and Xi held the conversation on Wednesday on the sidelines of the BRICS (Brazil, Russia, India, China, South Africa) summit in Johannesburg, amid continuing strain in bilateral ties in view of the lingering border standoff in eastern Ladakh. The conversation was not a structured bilateral meeting.

Japan's decision to release more than 1 million metric tons of radioactive water from Fukushima nuclear plant has garnered severe criticism prompting concern over safety and contamination. Japan had repeatedly reiterated that the water has been treated so that it does not harm the environment. Fukushima nuclear plant bears testimony to one of the most catastrophic nuclear meltdowns in history.

Kuki MLAs have stated that they do not have any intention to communicate with the Manipur Chief Minister, N Biren Singh. The MLAs' stated Biren claim of communicating with the Kuki-Zomi-Hmar MLAs may be a ploy to sow seeds of mistrust and disunity between the Kuki-Zomi-Hmar MLAs and their people. The MLAs in a statement said, «all the 10 Kuki-Zomi-Hmar MLAs that we have not been in touch with CM N Biren Singh since the outbreak of the communal violence in May 2023. Of late, Imphal valley had become a „Valley of Death“ for the Kuki-Zomi-Hmar people.

Transferring significant fortunes to heirs is a major concern among clients and they are keen to ensure that their priorities are met as an estimated $84 trillion in assets is passed down over the next 20 years.

BlackRock Inc. backed fewer shareholder proposals on environmental and social issues over the past year as it stressed its commitment to the energy industry and navigated a debate over ESG investing.

Investing.com — Oil prices rose Thursday, rebounding to a degree from weakness during the week, ahead of an eagerly awaited speech by Fed head Jerome Powell for hints on the outlook for interest rates.

India and Greece plan to double their bilateral trade by 2030, announced Prime Minister Modi during his official visit to the country on Friday. The bilateral trade stood at nearly $2 billion in 2022-23. India mainly exports aluminum, organic chemicals, fish and crustaceans and iron and steel to Greece, among other things.

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BJP on Friday rejected Rahul Gandhi's charge that China has encroached on Indian territory as baseless and absurd, as it asserted that it is the opposition party which has committed «historic, unpardonable crime» in dealings with Beijing. BJP spokesperson Sudhanshu Trivedi quoted from selected works of first prime minister Jawaharlal Nehru to say that his government had sent over 3,500 tonnes of rice in 1952 for the consumption of the Chinese Army which was «starving». He also asked the Congress to release its reported agreement with the Chinese Communist Party when the UPA was in power. Addressing a press conference, he alleged that the decision to send rice for the Chinese Army when India's relations with China had started getting strained was not a mistake but a «historic and unpardonable» crime. Gandhi has a habit of making baseless and absurd comments about China, he said, adding that the former Congress president makes remarks on India, its people and the RSS in a similar vein. During the Doklam crisis, he had met the Chinese ambassador, Trivedi said. The BJP leader asserted the government under Prime Minister Narendra Modi has notched up unprecedented success in its handling of India's military, diplomatic and economic affairs. The Congress has always tried to weaken the country when in the opposition, he said and asked the party to learn from the BJP which supported the then governments during crisis involving neighbours be it Pakistan or China. While the Congress government refused to punish Pakistan for its support to terrorism as it thought that this will harm peace talks, Modi's policy is that terror and talks cannot go together.

Rahul Gandhi on 25 August addressed a public rally in Ladakh's Kargil area and called it a strategic location. The Congress leader also spoke about how PM Modi has been is lying about the China issue. He added, “...Ladakh is a strategic location...One thing is very clear China has taken away India's land..." “It is sad that the PM in the opposition meeting said that not even an inch of Ladakh has been taken by China.

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Devendra Fadnavis met with the officials of one of the largest power generation companies 'JERA', which has invested in the Indian renewables power production space in 2016, and welcomed the company to once again invest in Maharashtra. Fadnavis met JERA's Senior Management officials Yuichiro Kato, Executive Officer, Head of the Low Carbon Fuel Value Chain Division, Toshihiro Oki, Executive Officer, Head of Renewable Energy Business Group and Tsuyoshi Oyama — General Manager, Head of Hydrogen and Ammonia Upstream Business Unit. The officials briefed Fadnavis about JERA business in Japan and globally. «JERA was created through the consolidation of the fuel and thermal power departments of the Tokyo Electric Power Company and the Chubu Electric Power Company. They have total assets of JPY 8.7 trillion / USD 60 bn.

Narendra Modi and President Xi Jinping of China met on the sidelines of the BRICS Summit in Johannesburg, South Africa. The two leaders held “candid and in-depth" exchange of views on current China-India relations and other questions of shared interest. Mint explains the significance of the meeting.

Fenerbahce SK defeated FC Twente in the UEFA Europa Conference League play-off round by 5-1. The Turkish club has won all of their last seven matches. Fenerbahce beat Samsunspor 2-0 in their Super Liga campaign on Monday. Earlier on August 13, they thrashed the Gaziantep team 2-1 at the Sukru Saracoglu Stadium.

Law Commission of India that no “substantial change” that could alter the basic features of the Sharia law will be suggested to the government in drafting of a proposed Uniform Civil Code (UCC), the AIMPLB said on Thursday. A delegation of the Muslim body led by its president Maulana Khalid Saifullah Rahmani on Wednesday met the chairman of the Law Commission, Justice Ritu Raj Awasthi, who wished to seek the board's opinion on the UCC as well as its views on certain issues related to the Muslim personal law. While conveying to Awasthi that the UCC was “unacceptable” to Muslims, Rahmani explained that the Sharia was composed of two components – one based on the Quran and Sunna (Prophet's words and actions) and another, the Ijtehad, on the Islamic scholars’ opinions. AIMPLB also said that the chairman of the commission raised some specific questions on the personal law – such as whether there was specific age prescribed for marriage in Islam, position of the AIMPLB on Nikah-eHalala and Muta marriage as well as its views on gender justice – on which the board explained its stance. “The chairman assured the delegation that they are not going to suggest any substantial change which may alter the basic features of Sharia Law.

Narendra Modi on Thursday met Dr Seyyed Ebrahim Raisi, President of Iran, shortly after Iran's inclusion as one of the new members of Brics and explored cooperation with regard to Taliban-ruled Afghanistan and counter-terror partnership.

Narendra Modi and Chinese President Xi Jinping spoke on the sidelines of the Brics summit where they agreed on «expeditious disengagement and de-escalation along the Line of Actual Control in eastern Ladakh, Foreign Secretary Vinay Mohan Kwatra said on Thursday. »n his conversation with President Xi, the Prime Minister highlighted India's concerns over the unresolved issues along the Line of Actual Control (LAC) in the western sector of the India-China border areas. Prime Minister (Modi) had interactions with other Brics leaders (as well)," Kwatra said. Modi told Xi that «maintenance of peace, tranquility in border areas and respecting LAC» are essential for the normalisation of India-China ties, Kwatra said. «Modi and Xi agreed to direct relevant officials to intensify efforts at expeditious disengagement, de-escalation,» Kwatra informed. Modi and Xi were seen having brief chat at the Brics meet on Thursday morning ahead of the announcement for Brics expansion.

LCA), the air force is set to order an additional 100 of the Mk 1A variant of the fighter jet, with the order value likely to be around $8 billion. The Indian Air Force (IAF) has already placed an order for 83 LCA Mk1A fighter jets, the first of which is to be delivered by early next year. The Mk 1A version is a major improvement over the 40 Mk1 jets that were originally ordered by the air force, with modern avionics, Active Electronically Steered Radar, a new electronic warfare suite and a Beyond Visual Range missile capability. The order will place the total number of LCA jets-also called Tejas-in the Indian fighter fleet at 223, second only to the Russian origin Su 30MKI fighter jets.

sugar production in Maharashtra and Karnataka, an official from the National Federation of Co-operative Sugar Factories Limited said on Thursday. In order to meet domestic demand, there could even be a ban on exports, National Federation of Co-operative Sugar Factories Limited chairman Jaiprakash Dandegaonkar told PTI. «The expected sugar production for the year was 330 lakh tonnes but there could be a dip, while the carry over stock in the country is 65 lakh tonnes.

Anurag Thakur, the Union Minister for Information and Broadcasting, on Thursday, congratulated the winners of the 69th National Film Awards and spoke about the potential of India becoming “the content hub of the world." Thakur, while talking to the media said, «The jury members of the 69th National Film Awards met me today and handed the report. They have gone through a long list of movies which included feature films, non feature films and writing on cinema. India produced quality content even during the Covid 19 pandemic. The jury members told me that many beautiful films came in the year 2021.» Drawing attention to the fierce competition that unfolded across each award category, he continued, «It was a very tough competition between all the films in every category. My congratulations and best wishes are with the winners. Today India is the largest film-maker in the world. We have the potential to become the content hub of the world. This is our time. Today our films are being recognised all over the world, be it BAFTA or the Oscars.» «The Jury will again sit for the next National Film Awards 2022 soon. Indian cinema is going to conquer the world. My best wishes to all the stakeholders,» Thakur concluded. The winners for the 69th National Film Awards were announced on Thursday with actors Allu Arjun, Alia Bhatt and Kriti Sanon taking home the Best Actor and Actress trophies.

Reserve Bank of India stressed the need to monitor the situation closely given the risk of El Nino and uneven rainfall. «While the vegetable price shocks are expected to correct quickly with the arrival of fresh crops, there are risks to the food and the overall inflation outlook from El Nino conditions, volatile global food prices and skewed monsoon distribution — all of which warrant close monitoring,» said RBI Governor Shaktikanta Das during the recent meeting of the Monetary Policy Committee. The MPC, which has three members from the central bank and a similar number of external members, met between August 8-10, and held the benchmark repurchase rate (repo) at 6.50 per cent in a unanimous decision. (More to come)