India and Ghana signed two agreements in an effort to enhance the bilateral cooperation between the two countries.
The Ministry of External Affairs (MEA) spokesperson Raveesh Kumar announced that two MOUs on Cultural Exchange Programme and on cooperation between Bureau of Indian Standards and Ghana Standards Authority.
♦ Captial: Accra
♦ Currency: Ghanaian cedi.
The nodal satellites division U.R. Rao Satellite Centre (URSC) of Indian Space Research Organisation (ISRO) has signed with three partners, two private and one government-run firm, to help it assemble 27 satellites at a quick pace over the next three years.
The partners are Alpha Design Technologies P Ltd and its six consortium members, Bharat Electronics Ltd, Tata Advanced Systems Ltd, Hyderabad.
A URSC official signed the agreements with the three entities in the presence of URSC Director M. Annadurai.
Adani Logistics Ltd. (ALL) has signed an agreement with NYK Auto Logistics (India) Private Ltd. (NALI) to form a joint venture (JV) that will specialize in the transportation of finished vehicles using automobile freight trains.
The JV would participate in AFTO (Automobile Freight Train Operator) Policy of the Ministry of Railways and offer its trains for transporting vehicles across India more efficiently. The planning will commence operation with six trains. It is predicted that ALL will have 25 trains in operation in three years based on its market trends.
24-year-old Indian wrestler Vinesh Phogat grabbed a gold in the women's 50kg freestyle category at the Spanish Grand Prix in Madrid, by defeating Canada's Natasha Fox 10-0 in the final match.
She had won a gold at the Gold Coast Commonwealth Games in the 50kg category.
The Archaeological Survey of India (ASI) has planned to upgrade infrastructural and tourist-friendly facilities at seven sites, which are approved under Adarsh Smarak Scheme for Conservation of Monuments, in Tamil Nadu.
The Adarsh Monuments proposed to be upgraded by the Ministry of Culture include the Shore Temple in Mamallapuram, Vellore Fort, Brihadeeswarar Temple in Thanjavur, Kailasanathar Temple in Kancheepuram, Sittannavasal Caves, Gingee Fort and Moovar Koil in Kodumbalur. The work has already begun at the Shore Temple in Mamallapuram.
The incubator will be housed at T-Hub and will be India’s missile development centre and fast emerging the hub for aerospace industries.
The incubator will be funded through the Ministry’s Innovation for Defence Exellence (iDEX) scheme. Initially, a corpus of ₹100 crore has been created by two PSUs- HAL (Hindustan Aeronautics Limited) and BEL (Bharat Electronics Limited), each contributing ₹50 crore.
Honda's Marc Marquez clinched his ninth consecutive German Grand Prix victory and took a 46-point championship lead over Valentino Rossi into the summer break after dominating what is set to be the final MotoGP race at the Sachsenring.
Seven-time world champion Valentino Rossi finished second with his Yamaha team-mate Maverick Vinales third.
In 2018 'Soft Power 30' index, published by UK-based strategic communications consultancy firm Portland and the University of Southern California Center on Public Diplomacy, France placed second and Germany as third followed by the US.
India does not figure on the list, but this year's report also features a chapter dedicated solely to Asia, listing 10 countries in the region, ranking India's soft power as eighth.
Japan and the EU signed a trade deal, as an act against protectionism, as Washington puts up barriers and threatens a trade war. The deal which is signed in Tokyo is the largest ever negotiated by the EU.
It is aimed to create a massive free trade zone, eliminating tariffs for everything from Japanese cars to French cheese. The agreement is expected to enter into force in 2019.
The Rajya Sabha, for the first time in 76 years since it came into being, entered into a Memorandum of Understanding (MoU) with the Senate of Rwanda for promoting inter-parliamentary dialogue.
Venkaiah Naidu became the first Chairman of Rajya Sabha to sign such MoU with the visiting President of the Senate of Rwanda Bernard Makuza.
The MoU with 6 articles of cooperation seeks to promote Inter-Parliamentary dialogue, capacity building of parliamentary staff, organisation of conferences, forums, seminars, staff attachment programmes, workshops and exchanges.
Facts About Rajya Sabha:-
♦ Rajya Sabha was duly constituted for the first time on April 3, 1952 and it held its first sitting on May 13, that year.
♦ The Rajya Sabha or Council of States is the upper house of the Parliament of India with a maximum of 250 members for six-year terms.
Defence Salary Package will include free personal accident death, free permanent total disability cover and other accidental benefits to the deceased soldier and family.
The first MoU between SBI and the Indian Army was signed in 2011 and was renewed in February 2015.
The renewed MoU will be valid till January 3, 2019.
India and the United Kingdom signed an agreement on the exchange of experience by legal professionals and government functionaries for resolution of disputes before various courts and tribunals. The agreement was signed by Law Minister Ravi Shankar Prasad and UK’s Secretary of State for Justice David Gauke in London.
The MoU sought to enhance bilateral cooperation in legal affairs which would provide a framework for promoting greater cooperation between the judicial and legal professionals in both countries through the exchange of expertise and training. The MoU was cleared by the Union Cabinet.
Rajasthan government signed a MoU with Microsoft to provide digital training to 9,500 students of government colleges. It will also train 500 faculty members.
The initiative is to enhance the youths’ employability and empower them with technical education and to improve the standards of digital literacy in Rajasthan.
India and South Korea signed MoUs and agreements and vowed to more than double trade in the next decade. The MoUs included a statement on expanding the 2010 Comprehensive Economic Partnership Agreement (CEPA) and a joint vision statement that committed to more military exchanges and enhancing defence projects together.
The two countries agreed to try to increase their bilateral trade to $50 billion by 2030, up from current levels of $20 billion.
India and South Korea have also agreed to cooperate on a “tripartite” basis in development assistance in third countries, beginning with a project in Afghanistan.
Both the countries are committed to strengthening the “special strategic partnership” in the region and aligning India’s Act East Policy with South Korea’s New Southern Policy.
India signed 5 MoUs with South Korea in the field of Science and Technology in New Delhi. Science and Technology Minister, Dr. Harsh Vardhan and his South Korean counterpart Mr. You Young Min signed three MoUs for (i) Programme of Cooperation 2018-21; (ii) Establishment of Future Strategy Group; (iii) Cooperation in Biotechnology & Bioeconomy.
Two other MoUs were signed between Council of Scientific and Industrial Research (CSIR), South Korean National Research Council for Science and Technology, IIT Mumbai, Korea Institute of Science and Technology, to further accelerate future-oriented cooperation.
The MoUs were signed at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting.
Both countries renewed the Programme of Cooperation in the field of Science and Technology for 2018-21 to augment the cooperation in Science, Technology, and Innovation.
The Indian Railway Catering and Tourism Corporation (IRCTC) signed a MoU with the National Security Guard (NSG) at the headquarters of the special force, New Delhi. This system will eliminate the need for carrying railway warrants by the NSG personnel.
The NSG is the first central paramilitary force to opt for e-ticketing instead of the railway warrant under an agreement signed with the IRCTC. The IRCTC is also developing an e-ticketing-cum-warrant management system for the Central Reserve Police Force.
National Association of Software and Services Companies (Nasscom) opened a Centre of Excellence for Data Science and Artificial Intelligence and signed a MoU with NITI Aayog to collaboratively foster applied research, accelerating adoption and ethics, privacy and security.
The aim is to strengthen the country’s Artificial Intelligence (AI) ecosystem. Nasscom will also include NITI Aayog as a knowledge partner.
Both the CoE and MoU aims to serve as a platform for intelligence-sharing and technology collaboration between stakeholders to build collective capabilities for the industry and country in the cutting-edge areas AI.
Chairperson of Nasscom: Rishad Premji
Vice Chairman of Nasscom: Keshav R. Murugesh
Headquarters: Noida, Delhi
Tyre major CEAT, the flagship company of the RPG Group, signed a MoU with the Tamil Nadu State government to invest Rs.4,000 crore in a greenfield plant in Sriperumbudur near Chennai to boost the State’s tyre manufacturing capacity.
This plant would boost its capabilities in the motorcycle and car tyre segments. The company would start with car radial tyres, with an initial capacity of around 250 tonnes per day.
CEAT has acquired 163 acres of land by itself for the project. The financial incentives for the project have been the approved by the State Cabinet.
Infosys signed a new partnership with Siemens PLM Software to develop applications and services for MindSphere, the open cloud-based IoT operating system from Siemens.
This partnership will help the customers to improve competitiveness by leveraging the power of data generated by their devices.
The initial focus will be on customers in the manufacturing, energy, utilities, healthcare, pharmaceutical, transportation, and logistics industries
Hyundai Glovis will sign a MoU with an NGO Asha for education on July 6th to help 60 government schools in Tiruvallur district for a term of next 4 years. Glovis will also provide Rs.4 crore as a part of the agreement.
Asha for Education has been working with the Tiruvallur government school since 2004.
CEO of Hyundai Glovis: Kyung Bae Kim
Headquarters: Seoul, South Korea
The ninth and final meeting of Eminent Persons Group (EPG) on Nepal-India Relations concluded in Kathmandu, Nepal. The Representatives from Nepal and India has agreed to updates all the bilateral issues including 1950 Peace and Friendship treaty, trade, transit, and border.
The EPG is a joint mechanism between India and Nepal which consist of experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries.
During the two-day meeting, the group successfully prepared a joint report which would be submitted to the prime ministers of both the countries.
NITI Aayog’s Women Entrepreneurs Platform (WEP) inked five Statement of Intent (SoIs) with Shri Mahila Sewa Sahakari Bank Limited, Indiabulls Housing Finance Limited, SREI Infrastructure Finance Limited, Sreemanta Sankar Mission and the Self Employed Women’s Association (SEWA) in order to provide assistance to women entrepreneurs and address the finance-related challenges faced by them.
Through its partner organizations, the WEP aims to create opportunities and support women to help them realize their entrepreneurial aspirations, scale up innovative initiatives, and chalk out sustainable and long-term strategies for their businesses.
The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of agreements signed between India and Denmark for cooperation in the fields of animal husbandry and dairying, and on cooperation in the field of science, technology and innovation.
Renewable energy, water, material science, affordable healthcare, synthetic biology, functional food, and blue economy were identified as potential areas for immediate collaboration.
Bharat Heavy Electricals Ltd. (BHEL) has signed the Technology Collaboration Agreement (TCA) with Korean firm Nano Co Ltd. for design and manufacture of emission controlling equipment for coal-based power plants.
To comply with the norms of SOx and NOx emission, issued by the Ministry of Environment and Forest (MoEF) for thermal power plants, BHEL is up to provide solution known as SCR (Selective Catalytic Reduction) Catalysts. It will be commissioned or retrofitted with high capacity emission control equipment for De-NOx application in coal-fired power plants.
Following this, BHEL will be the first Indian company to possess technology and manufacturing capabilities for Plate type SCR Catalysts as part of the ‘Make in India’ initiative.
ThyssenKrupp and Tata Steel are nearing a 15 billion euro deal this week to combine their European assets into a global steel giant. This joint venture would create the continent's second-largest steelmaker after ArcelorMittal.
The joint venture was originally planned to be signed in early 2018. It was delayed after ThyssenKrupp's steel business performed much better than Tata Steel’s, requiring a reassessment of the deal.
Signing is now planned at the end of June. There are disagreements over the size of the valuation gap, with estimate ranging from 500 million to 3 billion euros. Therefore, the signing event has been called into question.
Faure arrived in India for a six-day visit on June 22.
Indian government had given Seychelles $100 million on credit for the defence sector.
India and Seychelles signed six memorandums of understanding (MoUs). Details of the six agreements are yet to be disclosed.
Under "Adopt a Heritage Scheme", three MoUs have already been signed and six are at an advanced stage and 31 more Adarsh Monuments are enlisted for coverage under the scheme.
The scheme is being implemented by the Ministry of Tourism, Ministry of Culture and Archaeological Survey of India.
The four MoUs include: 1. Mount Stok Kangri Trek Route, Ladakh
2. Gangotri Temple Area & Trail to Gaumukh, Uttarakhand
3. Red Fort, Delhi
4. Gandikota Fort, Andhra Pradesh
India and Tajikistan have reaffirmed their commitment to promote bilateral relations and agreed to enhance economic cooperation, particularly in sustainable water development.
Tajikistan President - Emomali Rahmon
Tajikistan currency - Somoni
Tajikistan capital - Dushanbe
Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari has expressed that Union Government's collaboration with Google will help in effective flood management in India.
The Central Water Commission (CWC), India’s apex technical organisation in the field of Water Resources, on June 18, 2018 signed a Collaboration Agreement with Google for flood forecasting.
On June 18, 2018, Chinese envoy to India Luo Zhaohui unveiled a four-point vision for future cooperation with India.
This is followed by the informal summit between PM Narendra Modi and Chinese President Xi Jinping.
The four-point vision are:
1) Sign a Treaty of Friendship and Cooperation
2) Negotiate a bilateral Free Trade Agreement
3) Enhance connectivity
4) Work for early harvest on boundary issues.
The Union Ministry of Health and Family Welfare signed a Memorandum of Understanding (MoU) with the Norwegian Ministry of Foreign Affairs to extend the cooperation within the health sector.
The cooperation will be extended through the Norway India Partnership Initiative (NIPI) for a period of three years starting from 2018 to 2020.
This cooperation between India and Norway is aligned with the development goals of Indian Government as outlined in its National Health Policy 2017 for the achievement of Sustainable Development Goals (SDGs).
It will focus on global health issues of common interest.
It will enable cooperation in the areas related to maternal, newborn, child health and shall build on experiences from NIPI phase I and II.
India and China signed two bilateral agreements following the meeting between the Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of the summit.
The agreements include continuing to share Brahmaputra water data during flood season and exporting non-Basmati rice to China.
The two countries have set a trade target of 100 billion dollars by 2020. During the hour-long meeting between Mr. Modi and Mr. Xi, both countries agreed on several initiatives to take forward the spirit of Wuhan Informal Summit. Chinese President accepted Prime Minister Modi’s invitation for a Wuhan type informal summit in India next year.
Indian and Denmark signed a Memorandum of Understanding (MoU) in the field of Sustainable and Smart Urban Development.
The MoU will create employment in the areas of integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization.
The objective of this MoU is to promote bilateral cooperation in the field of sustainable and smart urban development on the basis of reciprocity and mutual benefit through the exchange of knowledge, institutional cooperation, research and development and commercial relations on related issues.
Areas of cooperation include smart urban solutions, liveability, sustainable and integrated urban planning, re-development and land use, integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization and other related areas mutually agreed upon.
The states of Himachal Pradesh, Jammu and Kashmir, Haryana and Uttarakhand agreed to implement the ambitious national health protection mission, which aims to provide an annual coverage of Rs 5 lakh per family.
The four states and the Union Territory of Chandigarh inked MoUs with the Union Health Ministry for the implementation of Ayushman Bharat-Pradhan Mantri Rashtriya Swasthya Suraksha Mission.
Union Health Minister J P Nadda presided over the MoU signing ceremony at a regional workshop for northern states in Shimla, Himachal Pradesh.
India and Panama have signed 2 agreements on the exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.
These agreements were signed during the second leg of Vice President M Venkaiah Naidu.
These ties are based on common values and a shared commitment to democracy, pluralism, and multi-culturalism of both the countries. 2 centers for Biodiversity and Innovation will be set up by India in Panama worth the US $10 mn and the US $15 mn each.
The National Small Industries Corporation Limited (NSIC) signed a MoU with Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2018-19.
The MoU envisages provision of enhanced services by NSIC under its marketing, financial, technology, and other support services schemes, for MSMEs in the country.
The corporation projects to increase its total business by 21.30% from Rs. 22,258 crore in the year 2017-18 to Rs. 27,000 crore in the year 2018-19.
India and Sri Lanka agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries.
A decision to this effect was taken at the third bilateral meeting between delegations from India's Narcotics Control Bureau (NCB) and Sri Lanka's Police Narcotics Bureau (PNB) on narcotics, drugs and psychotropic substances and related matters in New Delhi.
The Maharashtra government signed a MoU with the British Council to strengthen educational and cultural cooperation.
The British Council, with this MoU, will expand its existing work in the state, where in recent times, it has trained more than 100,000 teachers benefitting around five million learners.
The areas of potential collaboration include developing further initiatives to improve English teaching and enhance employability skills in schools and training institutes, building capacity in higher education and research and further co-operation on inspiring hundreds of thousands of people in the state through arts and culture.
SJVN Limited signed a MoU with Ministry of Power for the year 2018-19.
The MoU was signed by Ajay Kumar Bhalla, Secretary (Power) and Shri Nand Lal Sharma, Chairman & Managing Director, SJVN.
As per the targets set in the MOU, SJVN shall strive to achieve 9200 Million Units generation during the year under ‘Excellent’ category.
Further, SJVN will have Capital Expenditure (CAPEX) target of Rs. 900 crore and Turnover target of Rs. 2175 crore under the Excellent category.
A Loan Agreement for IBRD loan of USD 48 million for the “Meghalaya Community - Led Landscapes Management Project (MCLLMP)” was signed with the World Bank.
The main Objective of the Project is to strengthen community-led landscapes management in selected landscapes in the State of Meghalaya.
The Project consists of three components: (i) Strengthening Knowledge and Capacity for Natural Resource Management; (ii) Community-led landscape planning and implementation and (iii) Project Management and Governance.
In line with the efforts to indigenize the defense sector under the 'Make in India' initiative, Larsen & Toubro (L&T) and Bharat Electronics Limited (BEL) signed a MoU to cater to the needs of evolving domestic and export markets for defense products and systems.
The MoU seeks to leverage the capabilities of both the firms for meeting the growing requirements of the Indian Armed Forces.
The MoU also intends to leverage the well-developed supply chain, vast experience and expertise of BEL and L&T to synergize and enhance exports in the defense sector.
An Indian consortium consisting of IOCL, BPCL and HPCL signed a MoU with Saudi Aramco on the sidelines of the16 International Energy Forum Ministerial.
According to the Minister for Petroleum and Natural Gas, Dharmendra Pradhan, the project cost is estimated at around Rs3 lakh crore ($44 billion).
The refinery will be capable of processing 1.2 million barrels of crude oil per day (60 million tonnes per annum).
The plan is to finish the project by 2025.
India inked a pact with Morocco under which focus would be laid on the evaluation of potential mineral resources and promoting exploration and mining through the participation of both public and private sector.
The MoU was signed in New Delhi after the bilateral discussions between Mines Minister Narendra Singh Tomar and his counterpart Aziz Rabbah of Morocco.
India and World Expo 2020 signed participants contract for India’s pavilion in the prestigious World Expo 2020 held once in 5 years.
The contract provides for the setting up of India pavilion at Expo 2020 on an extra large plot (about one acre) in the ‘Opportunity’ segment.
Singapore and China signed a MoU in Beijing, China to promote greater collaboration between Singapore and Chinese companies in third-party markets along the Belt and Road.
Under the MOU, the Ministry of Trade and Industry (MTI), NDRC (China's lead agency for BRI) and Enterprise Singapore will form a working group to identify sectors and markets of mutual interest, and organise business matching activities and forums to facilitate third-party market cooperation between Singapore and Chinese companies along the Belt and Road.
India and Equatorial Guinea sign four agreements in the field of agriculture, mining, health, telecommunications and IT after delegation-level talks between Indian President Ram Nath Kovind and Equatorial Guinea President Teodoro Obiang Nguema Mbasogo at Malabo, Equatorial Guinea.
The two countries agreed to work together at UN, where Equatorial Guinea has just begun a two-year term on the Security Council.
Both countries reviewed the entire gamut of bilateral ties between the two countries. President Kovind is on the first leg of his 3-nation visit to Equatorial Guinea.
India and Nepal have agreed to further strengthen bilateral relations in key areas of border security, connectivity, trade and agriculture.
The two countries agreed to develop inland waterways for overall economic development of the region.
Aiming to expand cross-border rail linkages, the two sides have also decided to construct a new electrified rail line, with India’s financial support.
The rail line will connect the border city of Raxaul in India to Kathmandu in Nepal.
India and Azerbaijan have inked two documents for the visa waiver for diplomatic, official and service passports holders and cooperation between diplomatic training institutes.
The agreements were signed during the ongoing visit of External Affairs Minister Sushma Swaraj to that country.
Ms. Swaraj is there to be part of 18th NAM Ministerial Conference in Baku.
The Union Cabinet approved the signing of MoU between India and the United Kingdom and Northern Ireland regarding cooperation and Exchange of Information for the Purposes of Combating International Criminality and Tackling Serious Organised Crime.
India and U.K. already have an agreement concerning the investigation and prosecution of crime and the tracing, restraint, and confiscation of the proceeds and instruments of crime (including crimes involving currency transfers) and terrorist funds, which was signed in 1995.
The Ministry of Agriculture and Farmers’ Welfare and Ministry of Skill Development and Entrepreneurship have signed MoU to conduct skill development training programmes for agriculture and allied sector.
These skill development training programmes will be conducted at Krishi Vigyan Kendra (KVKs).
The MoU will help to increase cooperation between both ministries and help in fulfilling Government’s dream of “Kaushal Bharat-Kushal Bharat”.
KVK is a project of ICAR (Indian Council of Agricultural Research) for testing and transfer of Agricultural technologies at the grassroots level.