SOUTH ASIAN UNION OF STATES
US renews call on China to stop aggressive actions in disputed sea, where hostilities have flared
The United States, alongside key allies like Japan and Australia, has strongly condemned China's aggressive actions in the South China Sea, particularly its recent confrontation with the Philippines. The incident, where Chinese coast guard vessels rammed and destroyed Philippine navy ships, has escalated tensions in the disputed region. The international community, backed by interconnected alliances, calls on China to respect maritime laws, cease harassment of Philippine vessels, and uphold freedom of navigation for all states operating lawfully in the area. This unified stance aims to uphold a rules-based order and safeguard regional stability amidst ongoing territorial disputes.
Cabinet will decide on renaming Ramanagara district as Bengaluru South: CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah has announced that the State Cabinet will decide on the proposal to rename the neighbouring Ramanagara district as 'Bengaluru South'. The proposal, which includes Ramanagara, Magadi, Kanakapura, Channapatna, and Harohalli taluks, has gained momentum, with a delegation led by Karnataka Deputy Chief Minister D K Shivakumar meeting Siddaramaiah and submitting a memorandum. The proposal also proposes that Ramanagara town, about 50 kms away, remain as the district's headquarters.
India developing Chabahar Port holds 'great value' to landlocked Central Asian states: PM Modi
PM Modi at the SCO Summit emphasized Chabahar Port's role in India-Central Asia trade, Afghan wheat aid despite Iran sanctions, and de-risking Eurasian commerce. The 10-year Iran contract and North-South Transport Corridor enhance connectivity, bypassing Pakistan. Jaishankar stressed non-discriminatory trade and recent progress through a long-term agreement with Iran.
N. Korea condemns drills by US, Japan, S. Korea as 'Asian NATO'
North Korea denounced on Sunday joint military drills by South Korea, Japan and the United States, calling them an "Asian version of NATO" and warning of "fatal consequences". "The US-Japan-ROK relations have taken on the full-fledged appearance of an Asian-version NATO," it said, warning of "fatal consequences".
N. Korea condemns drills by US, Japan, S. Korea as 'Asian NATO'
North Korea has condemned joint military exercises involving South Korea, Japan, and the United States, likening them to an "Asian version of NATO" and warning of severe consequences. The drills, named "Freedom Edge," focused on ballistic missile defense, anti-submarine warfare, and cyber defense. Pyongyang, through its foreign ministry, criticized these exercises as provocative and accused the US, Japan, and South Korea of forming a military bloc against North Korea. The North has historically viewed such drills as preparations for invasion, amid ongoing tensions and cross-border provocations with South Korea.
Indian eateries now New York's gastronomic toast
They are among the notable, far-ranging Indian dining spots around town, many at the higher tiers of the price spectrum. Collectively, Indian restaurants are becoming something of a power dining scene, drawing customers from the upwardly mobile population of New Yorkers with roots in the subcontinent. To this already impressive list, you can now add Kanyakumari, which dishes out delicacies from India's 4,700-mile coastline at the more easily accessible Union Square.
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Coal India, South Indian Bank among 17 deep value stock ideas from ICICI Securities
Domestic brokerage firm ICICI Securities has listed 17 stock ideas, categorizing them as deep value stocks, stating that the proportion of ‘investable value stocks within large-caps remained steady while the same has been diminishing to historical lows within mid and small-caps.
Tata Group is India’s most valuable brand: Report
Tata Group has maintained its position as India’s most valuable brand with a brand value of $28.6 billion, according to the latest Brand Finance India 100 2024 report. The group's Taj hotel brand also secured the top spot as India’s strongest brand. Infosys follows as the second-most valuable brand with a brand value of $14.2 billion, showing a steady 9% growth. HDFC Group surged to the third spot with a brand value of $10.4 billion following its merger with HDFC Ltd.
AIF & PMS Conclave 2.0: Saurabh Mukherjea on five big themes in India where investors stand to benefit
Market veteran Saurabh Mukherjea on Wednesday said five big themes that have contributed to a rise of new elite in India can make their way into the portfolios of investors looking for consistent returns.
Does the future of South Asian cuisine lie in the Middle East?
Food in other South Asian countries has changed since 1947. One of the biggest influences is the Gulf states, where millions from across this region have flocked to work. This has become the place where South Asian cultures and cuisines really connect, meeting Middle Eastern food and coming back here in shawarmas and other foods
Personal loan interest rates June 2024:Which bank is offering the lowest interest rate on personal loans
Personal loan interest rates June 2024: The interest rate on a personal loan varies across lenders and is determined by several criteria, such as the borrower's credit score, loan amount, and loan duration. Here is a list of banks' personal loan interest rates on different amounts.
Home loan interest rates June 2024: These banks offer cheapest interest rates for home loans above Rs 75 lakh
Home loan interest rates June 2024: A home loan is a secured loan for a borrower to buy a home. The loan amount is repaid via equated monthly installments (EMI). Here is a list of banks offering the best home loan interest rates for loans above Rs 75 Lakh.
Narendra Modi's first foreign trip likely to be Italy; PM Giorgia Meloni invites him for G7 summit starting Thursday
PM Narendra Modi is poised to make his first foreign trip to Italy, accepting an invitation from Italian Prime Minister Giorgia Meloni to attend the G7 Summit from June 13 to 15. Modi's participation underscores India's growing global relevance. Additionally, India's involvement in upcoming events such as the Swiss Peace Summit, US NSA Jake Sullivan's visit, and the SCO Summit in Kazakhstan further solidifies its diplomatic engagements on the world stage.
Amid run-ins with Philippines, China says US provoking arms race in South China Sea
"At present, the biggest security challenge in the South China Sea comes from outside the region," Chinese Vice Foreign Minister Sun Weidong said in comments published by his ministry, after attending a meeting on East Asian cooperation in Laos.
Modi good not just for India but for entire South Asia: Pakistani-American businessman
Pakistani American businessman Sajid Tarar praises Prime Minister Narendra Modi for ensuring stability in India and South Asia, emphasizing Modi's leadership as crucial for the region's future. Tarar hopes for improved India-Pakistan relations under Modi's leadership, highlighting the need for strong leadership in both countries to address political and economic challenges.
President Xi & Pak PM Sharif discuss deepening strategic cooperation
Chinese President Xi Jinping and Pakistan Prime Minister Shehbaz Sharif discussed deepening strategic cooperation as Pakistan opts out of attending Narendra Modi's swearing-in ceremony with other SAARC leaders.
From Sheikh Hasina to Wickremesingh: Check full list of global leaders that will attend Modi's oath ceremony
Narendra Modi Oath Ceremony: The people cited above said top leaders of Bangladesh, Sri Lanka, Bhutan, Nepal and Mauritius are likely to be among the foreign leaders to be invited for Modi's oath-taking ceremony. The media division of Sri Lankan President Ranil Wickremesinghe's office said Modi invited him to the swearing-in ceremony. It said Wickremesinghe accepted the invite.
Lok Sabha Elections 2024 Phase 7: Voting for 57 seats in 7 states, UT of Chandigarh
The seventh and final phase of the 2024 Lok Sabha elections will see polling for 57 seats across seven states and a Union Territory. Key candidates include Prime Minister Narendra Modi from Varanasi, seeking a third term, and Abhishek Banerjee from Diamond Harbour, aiming for his third term. Results will be declared on June 4. Other significant contests include Anurag Singh Thakur in Himachal Pradesh, Preneet Kaur in Punjab, and a close battle in Balasore, Odisha. The phase will witness political heavyweights vying for seats, concluding the extensive electoral process.
G7 urges N.Korea, Russia to 'cease unlawful arms transfers'
G7 foreign ministers expressed grave concern over increasing cooperation between Russia and North Korea, especially regarding arms transfers from Pyongyang to Moscow for potential use in attacking Ukraine. They called for the cessation of these unlawful transfers and emphasized the importance of holding both countries accountable. Recent sanctions by their governments aim to impose costs on entities involved in these transfers. The ministers condemned the use of such arms in striking Ukraine's critical infrastructure, prolonging the suffering of the Ukrainian people.
"If they are considering FTA with India, we will surely look into it": MEA denies any FTA proposal with Maldives
India on Thursday said it has not made any proposal to the Maldives for a bilateral free trade agreement (DTA) and that it was ready to consider if the island nation expresses interest for such a pact. "No specific proposal for a bilateral FTA with the Maldives has been made by the Government of India," External Affairs Ministry spokesperson Randhir Jaiswal said.
Singapore may eye Chabahar Port to create trade & transit corridor between SE Asia & C Asia
Singapore aims to access resource-rich Eurasia through India's Chabahar port in Iran, managed by New Delhi. The port plays a vital role in establishing a trade corridor with Kazakhstan, connecting Southeast Asia and Central Asia.
Pakistan: Christians take to streets to protest against yet another mob attack over blasphemy
Angry members of the Christian community took to the streets in protest after a Muslim mob attacked a Christian factory owner in Punjab's Sargodha district for alleged blasphemy, Union of Catholic Asian News reported. The incident occurred on May 25 when an angry mob assaulted a Christian person, vandalized his house, and torched properties in Mujahid Colony in Sargodha, Punjab province in Pakistan.
Tamil Nadu warns job seekers to remain cautious while accepting jobs in Southeast Asia
The Tamil Nadu government warns against deceptive job offers from Southeast Asia, urging caution among job seekers. Instances of coercion into illicit activities prompt legal action against offenders. The Non-Resident Tamils’ Welfare Department intervenes, rescuing victims and stressing the importance of thorough background checks. Vigilance is crucial to protect against exploitation and abuse in foreign employment.
India underlines importance of making African voices stronger in multilateral organisations
India's Permanent Representative to the UN Ambassador Ruchira Kamboj told the UN Security Council on Thursday that it is "high time" that the comity of nations gives due credence to the African member states. "Sustainable peace and security is possible only if external forces do not intervene for vested interests. This calls for making African voices stronger in multilateral organisations so that they can argue their own case and call out external interferences," she said.
Government rescues 360 Indians forced into committing cyber fraud
Union home ministry and MEA rescued 360 Indians from Cambodia involved in cyber scams, with I4C CEO Rajesh Kumar noting a rise in cybercrime incidents originating from Southeast Asia.
India attempts to influence Canadian politics due to concerns over Khalistani separatists: Official probe
The findings in the interim report by Commissioner Marie-Josee Hogue, who is leading the independent public inquiry, found evidence of foreign interference in Canada's last two federal elections in 2019 and 2021 but the results of the votes were not affected and the electoral system was robust.
With bulls dancing, many more join Street party
For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors during the quarter ending March 2024. NHPC led the pack with a substantial influx of 23 lakh new investors.
Cheapest personal loan interest rates April 2024: List of banks offering lowest rates on personal loans
Latest personal loan interest rates: The lowest interest rate on a personal loan is advantageous as it lowers the total amount you must repay the lender. Here are the top banks offering the cheapest rate on personal loans.
Home loan interest rates April 2024: Banks offering cheapest interest rates for home loans above Rs 75 lakh
Latest home loan interest rates: When evaluating the eligibility of your home loan, you should examine its cost. This includes interest payments, processing fees, administrative costs, prepayment penalties, and other expenses. Here is a list of banks’ home loan interest rates for April 2024 .
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