UK PM May arrives in India on 3-day visit

November 7, 2016

New Delhi, Nov 7: British Prime Minister Theresa May flew in here yesterday on a three-day visit aimed at enhancing Indo-UK ties in the key areas of trade, investment, defence and security.

UkPMOn her first bilateral trip outside Europe since taking office in July in the aftermath of Britain voting to exit the European Union, May will hold talks with her Indian counterpart Narendra Modi tomorrow. She will also inaugurate jointly with him the India-UK Tech Summit.

Before leaving London, she described India as the UK's "most important and closest" friend and a leading power in the world, adding "We will be promoting the best of Britain, sending out the message that we are open for business, and making the most of the opportunities offered by Brexit as the world's foremost champion of free trade".

"I will be using this visit to reaffirm the importance of the strategic partnership we already have, which delivers huge benefits for both our countries, and to work with Prime Minister Modi to agree concrete steps to realise our shared vision of going even further in our cooperation across trade, investment, defence and security," she added.

May, who is accompanied by senior British ministers and a big trade delegation, will also travel to Bengaluru on Tuesday where she will attend some business events and will meet the Karnataka Chief Minister.

May, 60, is accompanied by a business delegation drawn from regions across the UK, including Secretary of State for International Trade Liam Fox and Trade Minister Greg Hands.

The November 6-8 visit comes in the backdrop of the historic June referendum favouring Brexit and as part of the new May-led government to step up engagement with countries outside the 28-nation European Union.

"She will deliver on her ambitious vision for Britain after Brexit, forging a new global role for the UK beyond the continent of Europe. She will also deliver on her pledge for an economy that works for all, by introducing new and emerging enterprises, as well as more established players, to the key Indian market," an official statement in London said.

According to the statement, a number of commercial deals are expected to be signed during the visit, creating and securing jobs at home and demonstrating market confidence in the strength of the British economy.

She will meet with Modi tomorrow to discuss developing the bilateral strategic partnership, building on the deep links and existing co-operation. Alongside Modi, she will inaugurate the India-UK TECH Summit, South Asia's largest technology conference.

Comments

abdullah
 - 
Monday, 7 Nov 2016

British looted our India completely, Killed thousands of Indians.
And also started communal violence here.

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News Network
March 4,2020

Mar 4: Twenty-one Italian tourists and three Indian tour operators have been sent to an ITBP quarantine facility in Delhi on Tuesday for suspected coronavirus exposure, official sources said.

Health Ministry sources said these foreigners, 13 women and eight men, were in the same group of which an Italian and his wife have tested positive in Rajasthan capital Jaipur.

“His (Italian in Jaipur) condition is stable,” a source said.

Three Indians, who were accompanying this Italian group as tour operators, have also been sent to the ITBP facility in Chhawla area of south-west Delhi, they said.

All these people, staying at a five-star hotel in south Delhi, have been put in “preventive isolation” at the ITBP camp and their samples will be taken on Wednesday, sources said.

The centre already has 112 people, 76 Indians and 36 foreigners, since February 27 after they were evacuated by an IAF plane from Wuhan in China, the epicentre of the coronavirus.

The first samples of these 112 people had tested negative when reports came in last week.

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Agencies
March 22,2020

New Delhi, Mar 22: The central government on Sunday decided to suspend all metro train services across the country till March 31 in view of coronavirus outbreak.

In a message to managing directors of all metro train corporations, Union Housing and Urban Affairs Secretary Durga Shanker Mishra said this is being done in continuation of suspending metro services during 'Janta Curfew'.

"In view of the current global pandemic of this Corona Virus & for containing its further spread through inter-personal proximity, it has been decided to close down metro rail services on all operational networks across the country till 31 March 2020," Mishra tweeted.

In another tweet, he said by the act of social distancing, people can protect themselves and their dear ones, and win the fight against COVID-19.

India reported three more coronavirus deaths on Sunday, including the first casualty from Bihar, taking the toll to seven and the number of COVID-19 cases rose to 341, officials said.

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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