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America secretly bought more fuel from Russia than India, report claims

In a report, the Center for Research on Energy and Clean Air (think-tank Center for Research Energy and Clean Air) claims that not India, but the United States is ahead in purchasing fossil fuels from Russia. Since the Russia-Ukraine War, European countries and the US have been more heavily involved in purchasing fuel than India.

S Jaishankar, India’s External Affairs Minister, also spoke about the country’s intentions to purchase oil from Russia earlier in the day. In a press conference in America, S Jaishankar (India’s Minister of External Affairs) also said that India buys much less oil from Russia than Europe.

After the Russo-Ukraine war, India was reprimanded by US President Joe Biden due to India’s private sector companies and Reliance Oil buying more crude oil from Russia. The data revealed that India had bought 30 million barrels of fossil fuels from Russia since the Great War (Russia-Ukraine War 2022).

Russia Discount Offer On Crude Oil For India

In addition, Russia is offering India a discount on the purchase of crude oil, whilst India has issued an official statement making it clear that the discount of $30 per barrel is not attractive to it. CREA (Center for Research on Energy and Clean Air) claims that European countries received 71% of the 63 billion euros for crude oil from Russia in the last two months. The participation of Germany in this has been at the top.

For India, it has been reported that the country’s coal shipments have risen by 130% in the first three weeks of April compared to January-February.

India-UK relationship has never been better than now: British PM Boris Johnson

Prime Minister Boris Johnson is in India on a tour. Prime Minister Narendra Modi thanked him for the ‘great welcome’ to India, and he described his visit to India as a ‘very joyful moment’ for the UK and India, as UK-India relations have never been so good as they are now.

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He said that he had never witnessed such a beautiful reception. I don’t necessarily get such a welcome back into the world.

India-UK relationship has never been better than now

Prime Minister is on a two-day visit to India to hold in-depth talks on Britain and India’s strategic military, diplomatic, and economic partnership, which aims to enhance company and coordination in the Indo-Pacific region.

Prime Minister will also hold talks with Indian Foreign Minister S Jaishankar. There will be a press conference at Hyderabad House at around 1 pm. Prime Minister Johnson arrived in Gujarat on Thursday for a two-day visit to India.

UK PM Boris Johnson with Gujarat CM Bhupendra Patel in JCB factory at Halol GIDC, Panchmahal, Gujarat pic.twitter.com/Luslm9sW5D
— ANI (@ANI) April 21, 2022

Asian Development Bank estimates, India’s GDP growth will be 7.5 percent in FY 2023

While there is a war currently going on between Russia and Ukraine, and there is increasing pressure on the global economy as a result of this conflict, rating agencies have cut India’s growth rate.

Asia Development Bank (ADB) has estimated that India’s growth rate is 7.5 percent in its report. The ADB published its report and estimated India’s GDP to be 7.5 percent for 2022-23.

ADB has projected a 7 percent growth rate for economies in South Asia. Indian economy is the largest and most significant in Asia. India’s GDP is expected to grow by 7.5 percent this year, but it is expected to grow at an 8 percent rate in the next year, according to its ADO report.

In addition to India, ADO addresses Pakistan in its report, where a growth rate of up to four percent is predicted for the current fiscal year.

India, Australia sign trade deal to boost ties, PM Modi said – ‘Historic moment’

India and Australia signed an important trade agreement on Saturday that will boost economic ties. PM Narendra Modi noted in a statement Saturday that the fact that such an important agreement could be reached in such a short period of time is a testament to the mutual trust between the two nations. Our bilateral relationship has indeed reached a historical moment. In the last few weeks, PM Modi has had virtual meetings with Scott Morrison of Australia three times.

Since announcing our comprehensive, strategic partnership, Morrison said: “Our collaboration has grown rapidly.” In addition to the Summit, our government has announced additional initiatives worth 282 million dollars.” We are pleased to share information with you regarding the signing ceremony for the India-Australia Economic Cooperation and Trade Agreement that took place virtually.

At the event, PM Narendra Modi said, “I am confident that with this agreement we will be able to take full advantage of the opportunities between the two economies.” By signing this agreement, we are strengthening the supply chain and contributing to the stability of the Indo-Pacific region.”

India’s Prime Minister, Narendra Modi, said: “These ties are an invaluable basis of the friendship between our two countries, and the agreement will facilitate student, professional, and tourist exchanges between the two countries. Through this agreement, we will be able to strengthen our relations even more.

India and Australia have signed a trade and economic cooperation agreement. “India and Australia are natural partners with common values of democracy, rule of law, and transparency,” said Union Minister Piyush Goyal at the virtual signing ceremony for the India-Australia Economic Cooperation and Trade Agreement. Like two brothers, two nations worked together during the pandemic.

What does the new agreement state?

“One of the biggest economic doors in the world today” will be opened by the trade agreement, the Australian prime minister said before signing.

As reported by Reuters, the new agreement removes tariffs on more than 85 percent of Australian goods exports to India, valued at $12.6 billion, which have risen by almost 91 percent in 10 years. Wool, copper, coal, alumina, fresh Australian rock lobster, and some minerals and non-ferrous metals are among the items that will be exempted from import duties in India soon. More than 96% of Indian imports to Australia will be duty-free.

UAE minister became a fan of PM Modi, left Pakistan and said a big thing on friendship with India

The United Arab Emirates (UAE), which is considered a political ally of Pakistan, has brought very good news for India. UAE Trade Minister Thani bin Ahmed Al Zeyoudi, who is considered close to Pakistan, has expressed great appreciation for India’s warm relations. UAE’s relationship with India is beyond any agreement, he said. Along with this, he will also visit India from May 12-15 with his three associate ministers and business delegations to increase trade with India.

In truth, the India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed in February this year to facilitate trade between the countries. The purpose of this agreement is to accelerate trade between the two countries. Under the agreement, the trade between India and UAE is expected to increase to $250 billion US dollars by 2030. In praising this agreement, UAE Trade Minister Thani bin Ahmed Al Zeyoudi has said that the relations between India and the United Arab Emirates (UAE) go beyond agreements. In addition, he praised this agreement and said that I do not see any bigger agreement than this.

Additionally, he noted that the India-UAE Comprehensive Economic Partnership Agreement (CEPA) was the largest deal we have ever signed. Along with this, he added, if in the future we feel the need to modify, we will do so as well. As a result of the agreement, Zaydi said that a large business delegation and three ministers will be visiting India from May 12-15. During this time, there will be an additional discussion about how we can get the most benefit from this agreement.

Piyush Goyal, Union Commerce Minister, also called the agreement important

In the same vein, Union Commerce Minister Piyush Goyal said in the India-UAE Comprehensive Economic Partnership Agreement (CEPA) that our partnership with UAE is economic, strategic, and geopolitical. If we are to leverage this partnership effectively, we must redefine our goals and search for a broader canvas. He said that after this agreement, UAE-India trade will reach the US $ 250 billion by 2030.

UAE has made commitments about their interest to invest in Indian infrastructure, manufacturing & logistic sector. A huge delegation recently visited J&K too.

India wants a larger share of the UAE market as it sets its eyes on achieving $1 trillion goods exports by 2030. pic.twitter.com/YQgJvZDjUe
— Piyush Goyal (मोदी का परिवार) (@PiyushGoyal) March 28, 2022

A CEPA agreement was signed in February

A comprehensive economic partnership agreement was signed between India and the UAE in February this year that aims to increase bilateral trade between the two countries to US$ 100 million over the next five years. An agreement on this was reached during the virtual summit between Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan.

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Prime Minister Narendra Modi used his influence to stop Ukraine conflict: Australia

The conflict between Ukraine and Russia has now become extremely dangerous. As a result, most countries hope that the conflict between the two countries will end soon. Australia said the ‘quad’ countries have accepted India’s stand on Russia’s attacks in Ukraine. Aside from that, no country will be upset with Prime Minister Narendra Modi using his contacts to advocate an end to the conflict in this war-torn country.

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In an interview with reporters, Australia‘s High Commissioner to India Barry O’Farrell revealed that the Quad countries agreed with India’s position. There are bilateral relationships between all countries, and it is evident from the comments of the Ministry of External Affairs and Prime Minister Narendra Modi himself that these contacts have been used to advocate for an end to Ukraine war. I’m sure no country would be unhappy with this.

You should know that India avoids criticizing Russia. India’s quad partners – America, Japan, and Australia – strongly condemn the Russian invasion of Ukraine. Thus, it was also expected that India would take a different position on this matter. As a result of the old friendship between India and Russia, India has avoided retaliating directly against the attack of the Russian army.

India was not accused of supporting events in Ukraine, as reported by news reports. Apparently, India is trying to follow the policy laid out by Nehru 65 years ago. India’s Prime Minister Modi and Australia’s Scott Morrison will attend a virtual summit today. During this summit between the two countries, the Ukraine crisis is also expected to be discussed.

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Income Tax Department raid on the location of Xiaomi, OnePlus and Oppo in India

These Chinese mobile phone companies include Xiaomi, OnePlus, and Oppo. Their locations and related entities were raided across the country by the Income Tax Department on Wednesday.

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Many states of the country have conducted raids against entities affiliated with Chinese mobile phone companies, including Delhi-NCR. Tax evasion is accused of them.

Searches are underway for Xiaomi, Oppo, and OnePlus in 15 places, including Delhi-NCR, Karnataka. Intelligence inputs regarding illegal income and tax evasion are used as the basis for the search operation.

Reports indicate that raids are still being conducted at the offices, warehouses, and distribution partners of Chinese mobile companies. A lot of information about it has not yet been revealed. Earlier this year, the ZTE bases in China were also raided. Tax evasion was also brought to the attention of the Income Tax Department during this time.

Additionally, a Chinese firm doing business with mobile phones, loans, and transportation was also raided last week. Investigative agencies carried out this raid.

Around 11 am, the Income Tax team arrived in Greater Noida, shortly after Oppo opened its Greater Noida office the morning. Outside the office, there are numerous police forces. As of now, no one can leave the office.

The team examines the documents in front of company officials. According to sources, the Income Tax Department recently received allegations that Oppo Company engages in tax evasion and hires locals.

Sourav Ganguly will announce third T20 match, after two years international match will be held at the Eden Gardens

India vs New Zealand 2021; On Sunday, the Eden Gardens in Kolkata will host the third match in the three-match series. In the series, India led by Rohit Sharma has taken a 2-0 lead and is now attempting a clean sweep. BCCI President Sourav Ganguly has been reported to ring the bell to announce the start of the third T20 match at Eden Gardens.

The Eden Gardens will host International Cricket after two years of preparation. The last international match played here was between Bangladesh and India in November 2019. Additionally, the audience will also return to the Garden of Eden. Also, tickets for the third T20 match are in high demand.

The first two matches were won unilaterally by India

In the last two T20 matches between India and New Zealand, India won the match in a lopsided manner. After winning the first T20 match by five wickets, India won the second match by seven wickets. New Zealand defeated India by 8 wickets in the T20 World Cup. Because of this, India‘s journey in T20 World Cup 2021 ended early.

IND vs NZ: I am not very talented, Harshal Patel said in his debut as a man of the match

Having lost in its first match, Team India approached the remaining matches in this series differently and won both games with ease. Virat Kohli left the captaincy of the T20 team after the World Cup, and Rohit Sharma took over the role. In the same series, Rahul Dravid started a new inning.

Apple supports one million jobs in India, plans to grow its footprint

Apple Inc said that it is investing significantly in the Indian market to broaden its reach to more local suppliers and engage with more of them throughout the country. The (Apple) iPhone manufacturer also noted that it has already supported more than 1 million direct and indirect jobs in the country.

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Apple’s employment estimates include its own employees, app developers for its iOS ecosystem, as well as workers and suppliers who support its factories in the country that manufacture several models of the iPhone.

It has been over two decades since Apple set up shop in Bengaluru and began manufacturing iPhones in 2017. Several of Apple’s manufacturing partners, such as Foxconn, Wistron, and others, have opened offices in Chennai. Apple’s vice president of operations, Priya Balasubramaniam, says that more iPhone models are being produced for domestic and international customers.

The iOS app economy in India as well as our work with suppliers account for around 1 million jobs currently supported by Apple in India, Balasubramaniam said. Apple also has development centers for Maps in Hyderabad and Bengaluru, in addition to its corporate offices. A tool that helps budding app developers improve their products and increase customer satisfaction.

Apple plans to open additional physical retail stores in the country to further expand its presence there. September 2020 marks the opening of Apple’s India store.

In his address at the Bengaluru Tech Summit on Thursday, Apple’s Balasubramaniam stated that India can play a vital role in the global transformation of the manufacturing sector. As several new technologies are rapidly transforming the manufacturing sector, manufacturers aren’t an old profession as people believe. Among them are artificial intelligence, machine learning, augmented and virtual reality, advanced robotics, and 3D printing. It is called Smart Manufacturing by Apple.

As part of its smart manufacturing initiative, an American tech company is setting up monitoring stations in India that use video machine learning. It will enhance productivity by enabling remote monitoring and control, she said.

Kane Williamson will not play in T20 series against India, Find out who will captain

IND vs NZ – The New Zealand team has been announced for the 3 T20 series against India beginning on Wednesday. The big news is that Captain Kane Williamson will not be playing in the series. In his stead, Tim Southee has been given command of the team.

In terms of Test preparation, Williamson has distanced himself from the T20 series. In addition to the three T20 series, two Tests will also be played between India and New Zealand. The first match in the series takes place in Kanpur on November 25. The second will be held in Mumbai from December 3. The series will be part of the World Test Championship. Therefore, Williamson decided not to take part in the T20 series in order to concentrate on it.

The New Zealand team named 14 players for the T20 series against India. The responsibility of batting will fall to Daryl Mitchell, Martin Guptill, and Glenn Phillips in this team. The fast bowling attack will be led by Tim Southee and Trent Boult. As spin bowlers, Ish Sodhi and Mitchell Santner will strengthen the team.

Having lost the final of the T20 World Cup yesterday, Williamson led the 15-member New Zealand team to Jaipur on Monday evening. On Wednesday, the first T20 match will be played here. The second T20 will take place on Friday, and the final match will take place on Sunday. New Zealand Cricket said, “The specialist players of the Test team are already in Jaipur.” Williamson will now join the group. He wants to focus on the Test series.

The NZC has also confirmed that fast bowler Lockie Ferguson will not play in the T20 World Cup due to a calf strain. The T20I series is expected to go well for him as he has been recovering rapidly.

To be named for the 3rd T20I series: Martin Guptill, Daryl Mitchell, Glenn Phillips, Tim Seifert, Mark Chapman, Jimmy Neesham, Kyle Jameson, Ish Sodhi, Mitchell Santner, Tom Ashtel, Adam Milne, Lockie Ferguson, Trent Boult, and Tim Southee (captain).