This week’s headline features a story from Europe: Russia announces plans to export coal to India using Iran's railways, discussed at the BRICS transport ministers’ meeting. The International North-South Corridor (INSTC) will facilitate coal shipments, boosting regional transportation synergy.
Europe: Russia plans to export coal to India via Iran's railways using the International North-South Corridor (INSTC), enhancing regional trade cooperation. Key projects like the Rasht-Astara Railway are crucial for improving transport links and increasing freight volumes between the nations.
North America: National Security Advisor Jake Sullivan's upcoming visit to India underscores the strengthening of US-India ties post-Modi's re-election, aiming to enhance strategic partnerships and address shared priorities, including technology collaboration, in the Indo-Pacific region.
South America: NPCI International Payments Limited (NIPL) partners with the Central Bank of Peru to introduce a fast and instant payments system similar to India's UPI, marking NIPL's second collaboration with a central bank after its venture with the Bank of Namibia in May.
Asia: Chinese Defense Minister Dong Jun outlined China's global security approach and commitment to a shared future at the 21st Shangri-La Dialogue, emphasizing regional cooperation, mutual respect, and stability.
Australia: New Zealand universities tackle high Indian student visa rejection rates. Chris Whelan raises concerns over delays. Immigration New Zealand notes 40% rejection rate for Indian applicants, 2% for Chinese students.
Africa: India extends the export window for broken rice to Senegal and Gambia until November 30, 2024, ensuring continued support for their food security needs. This move underscores India's commitment to international cooperation while balancing its domestic supply Read Now!
