PM Modi welcomes French President Emmanuel Macron with trademark hug

Agencies
March 10, 2018

New Delhi, Mar 10: French President Emmanuel Macron arrived on Friday night on a four-day India visit and was received at the airport by Prime Minister Narendra Modi in a special gesture. Macron was accompanied by his wife Brigitte Marie-Claude Macron, besides senior ministers from his cabinet.

"Welcome to India, President @EmmanuelMacron! Your visit will add great strength to the strategic partnership between India and France. I look forward to our talks tomorrow," Modi tweeted after receiving Macron at the airport.

During the visit, the two countries would look to boost ties, especially in the areas of maritime security and counter-terrorism. An agreement on the Jaitapur nuclear power plant, which is being built with French assistance, is expected to be signed during the visit, sources here said.

Stepping up cooperation in the Indian Ocean region will be one of the top issues that will be discussed by Macron and Modi during delegation-level talks on Saturday.

"France has particularly supported India's perspective on terror in South Asia. We are seeing convergence in new areas, particularly maritime security, counter-terrorism and renewable energy," K Nagraj Naidu, joint secretary (Europe-west), told reporters.

Besides defence, cooperation in the areas of nuclear energy and space are the other pillars of the strategic partnership between India and France. The two sides will also sign an agreement on co-development of a full-fledged satellite constellation in the maritime domain.

"In the area of space, India and France have a matured engagement and we would like to take it to a new level," Naidu said.

The Indo-French cooperation in the area of space is more than five-decades-old.

Besides conventional areas, thrust would also be on renewable energy, high-speed train and stepping cooperation in trade.

The bilateral trade between India and France for the period from April 2016 to March 2017 was $10.95 billion. France is the 9th largest foreign investor in India with a cumulative investment of $6.09 billion from April 2000 to October 2017.

After holding delegation-level talks with Modi on Saturday, Macron will take part in a Town Hall and have an interactive session, in which nearly 300 students from different institutions are expected to participate.

On the same day, he will also take part in a Knowledge Summit which will be attended by more than 200 academicians from both sides.

On March 11, President Macron will attend the International Solar Alliance (ISA) Summit, an initiative mooted by France and India.

The ISA Summit, expected to be attended by several heads of the states and governments, is likely to focus on concrete projects. On the same day, he will also visit Taj Mahal in Agra.

President Macron will also visit Varanasi, the parliamentary constituency of Prime Minister Modi, on March 12. He, along with Modi, will inaugurate a solar plant in Uttar Pradesh's Mirzapur.

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News Network
February 28,2020

Feb 28: Market benchmark Sensex plummeted over 1,100 points, wiping off over Rs 5 lakh crore investor wealth, in opening session on Friday amid a massive selloff in global equities as rising coronavirus cases outside China stoked fears of a pandemic that could dent world growth.

The 30-share index sank 1,100.27 points, or 2.77 per cent, to 38,645.39, while the NSE Nifty cracked 329.50 points, or 2.83 per cent, to 11,303.80.

All Sensex components were trading in the red, led by losses in Tata Steel, Tech Mahindra, Infosys, Mahindra and Mahindra, Bajaj Finance, HCL Tech and Reliance Industries.

In the previous session, the Sensex settled 143.30 points, or 0.36 per cent, lower at 39,745.66, and the Nifty fell 45.20 points or 0.39 per cent to end at 11,633.30.

According to analysts, till last week the market was of the view that coronavirus was going to have minimum impact on global economy as situation in China was being contained. But the increase in the number of new cases is changing the view and investors are worried about an intense slowdown.

Further, incessant selling by foreign investors is also spooking domestic market participants, traders said.

On a net basis, foreign institutional investors sold equities worth Rs 3,127.36 crore on Thursday, data available with stock exchanges showed.

Stock exchanges in Shanghai, Hong Kong, Seoul and Tokyo plunged up to 4 per cent in their morning sessions.

On Wall Street, the Dow Jones Industrial Average dropped 1,190.95 points, its largest one-day point drop in history, bringing its loss for the week to 3,225.77 points, or 11.1 per cent.

The S&P 500 has now plunged 12 per cent from the all-time high it set just a week ago.

World oil prices too tumbled by more than 4 per cent overnight as traders fretted about the impact of spreading coronavirus on crude demand, particularly from key consumer China.

Brent crude oil futures fell another 2.47 per cent to USD 50.45 per barrel early in the day.

The rupee depreciated 28 paise to 71.89 against the US dollar in morning session.

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News Network
March 27,2020

New Delhi, Mar 27: Cabinet Secretary Rajiv Gauba has asked states to urgently strengthen the surveillance of international travellers who entered the country before the lockdown as there appeared to be a "gap" between the actual monitoring for COVID-19 and the total arrivals.

In a letter to chief secretaries of all States and Union Territories, Gauba said such a gap in monitoring of international passengers for coronavirus "may seriously jeopardise the efforts to contain the spread of COVID-19", given that many amongst the persons who have tested positive so far in India have history of international travel.

"As you are aware, we initiated screening of international incoming passengers at the airports with effect from January 18, 2020. I have been informed that up to March 23, 2020, cumulatively, Bureau Of Immigration has shared details of more than 15 lakh incoming international passengers with the States/UTs for monitoring for COVID-19.

"However, there appears to be a gap between the number of international passengers who need to be monitored by the States/UTs and the actual number of passengers being monitored," Gauba said in his letter.

The government had started monitoring of all international passengers who have arrived in India in last two months in the wake of the coronavirus outbreak.

Gauba said,"it is important that all international passengers are put under close surveillance to prevent the spread of the epidemic."

He said the Ministry of Health and Family Welfare (MoHFW) has repeatedly emphasised the importance of monitoring, and requested the states and UTs to take immediate steps in this regard.

"I would, therefore, like to request you to ensure that concerted and sustained action is taken urgently to put such passengers under surveillance immediately as per MoHFW guidelines," he said.

The cabinet secretary also urged the chief secretaries to actively involve the district authorities in this effort.The screening of international incoming passengers at airports was done from January 18 in a phased manner.

The Central and state governments have unleashed unprecedented and extraordinary measures to contain the spread of the fast-spreading coronavirus, which has already infected more than 700 people in the country and claimed at least 17 lives.

A nationwide lockdown was also announced by Prime Minister Narendra Modi on Tuesday for 21 days.

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News Network
April 6,2020

New Delhi, April 6: India recorded the highest number of 704 positive cases of coronavirus in the past 24 hours, said the Union Ministry of Health and Family Welfare on Monday.

With these new cases, the total number of COVID-19 positive cases in India have now climbed to 4,281.

Total deaths stand at 111 including 28 new deaths. So far, 318 COVID-19 patients have been cured across the country.

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