NAMASKAR! A warm welcome to ‘World News: an Indian perspective’, on All India Radio. This is ANITA ANAND and with me is RENUKA bringing glimpses of the major developments of the day from across the globe. Over the next half an hour, we shall bring you the latest from the world of politics, economy, sports, entertainment and more.
⦁ Prime Minister Narendra Modi interacts with top CEOs of American companies in Washington DC.
⦁ Prime Minister to meet US Vice President Kamala Harris today; To also hold bilateral meetings with his Australian and Japanese counterparts.
⦁ Indian Finance Minister Nirmala Sitharaman meets UAE Minister Thani Bin Ahmed Al Zeyoudi to discuss strong economic and commercial ties.
⦁ New Delhi urges global community to come forward to address humanitarian needs of Afghan people.
⦁ Indian Army foils infiltration bid at Line of Actual Control in Jammu and Kashmir; kills three heavily armed terrorists.
⦁ WHO revises its guidelines of Air pollution; Says it kills at least seven million people prematurely.
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PM-US CEOs Meeting
Prime Minister Narendra Modi interacted with the top industry leaders in Washington on Thursday. These include the top CEOs of United States. We go LIVE to Washington DC with our team in Washington to get an on the meeting –
Q.1. Atul, tell us about the what has been the agenda for PM’s meeting with the CEOs ?
ANS – Well, Anita, the CEOs meeting with the Prime Minister took place in a specific format – one of its kind. Each meeting lasted for 20 minutes with a five minute briefing and 15 mins interaction. In all five CEOs from diverse fields joined in for the meeting. The focus was on Make in India and enhancing trade and investment opportunities between the two countries.
Q 2. Atul, Also give a sense of the CEOs and their areas of specialization and the outcomes?
ANS – The Prime Minister’s first meeting was with the Qualcomm President CEO Cristiano Amon. It has a huge presence in India, including R&D. Mr. Amon expressed enthusiasm to work with India in digital transformation programs including in 5G, PM WANI and others..
He said India is a big market and also a big export market and it’s the right time for India to not only manufacture for the Indian market but also plan to serve the need of other countries.
Mr. Amon expressed interest in partnering with India in the field of semi-conductors.
Prime Minister assured Qualcomm that India will proactively work on the proposals made by them. Mr. Modi stressed that India has the scale for ambitious projects. He said that India has prepared 5G standards & urged Qualcomm to actively participate as they did in case of NAVIK. The Prime Minister also said that since Qualcomm has trusted Indian talent already, it can now trust Indian talent and start manufacturing with the advantage the Production Linked Incentive scheme offers.
Prime minister also spoke about the new liberalised drone policy and said that Qualcomm could take part in new opportunities in the new new emerging market.
Q.3. Saubhagya: What is the take away from Prime Minister’s meeting with Adobe CEO ,Shantanu Narain ?
ANS – PM Modi had a productive meeting with Shantanu Narayan, CEO of Adobe ppreciated the efforts of India in fighting COVID and particularly in the rapid vaccination.
He expressed interest to contribute in India’s 75th anniversary of independence. He expressed desire to bring video, animation to every child in India.
PM said that bringing bring smart education to every child is important & that makes technology very important. He said that in the COVID era, the ground for digital education has been laid and we should move forward now.
PM and CEO of Adobe both emphasised on creating few centres of excellence in AI in India.
Q.4. Saubhagya, tell us about the outcome of meeting of PM with First Solar Chairman ?
ANS – The Prime Minister & Mark Widmar, CEO of First Solar had a good interaction.
Mark Widmar expressed happiness with the Indian policies for climate change and related industries.
PM spoke about the One world, one sun and one grid initiative & its potential. He referred to India’s ambitious target of 450 GW of renewable energy. He also emphasized on India’s focus on manufacturing for solar energy and said that Companies in the field of solar energy can take maximum advantage our PLI schemes.
PM also spoke about India’s green hydrogen mission.
CEO and PM both agreed on enhancement of the manufacturing of Solar in India. This will also benefit the countries in the region.
Q.5. Atul, what impressions do we gather from Prime Minister’s interaction with the Blackstone CEO ?
ANS – Stephen Schwarzman the CEO of Blackston. said Blackstone’ has plans for investment in India and to further ramp it up.
Prime Minister said that there is huge scope for further expansion of Blackstone’s partnership in India and elaborated on the reforms done in India. He specifically spoke about Asset Monetisation and Bad Bank.
Mr. Schwarzman said that he is very optimistic about India’s potential and added that it is one of the fastest growing countries in the world. He also appreciated that reforms undertaken by the India.
Q.6. Atul, What is the objective of the CEOs meeting and what outcomes are we looking at ?
ANS – India is looking to boost exports through trade relationships. Focus is on enhancing trade and investment. In 2019, overall U.S.-India bilateral trade in goods and services reached 149 billion US dollar. U.S. energy exports are an important area of growth in the trade relationship.
PM- CEOs MEETING
Let’s listen what the top CEOs of US have to say after their meetings with the Indian Prime Minister.
Mr. Cristiano Amon, Chief Executive Officer of Qualcomm said the meeting with Prime Miinister Modi was fruitful and the campany is very much keen in doing business with India.
Prime Minister also met President and CEO of Adobe Shantanu Narayen. They discussed Adobe’s ongoing collaboration and future investment plans in India. Discussions also focused on India’s flagship programme Digital India and use of emerging technologies in sectors like health, education and R&D.
Mr Modi and Mark Widmar, CEO of First Solar agreed on enhancement of the manufacturing of Solar in India.
The Prime minister also spoke about India’s green hydrogen mission.
Praising India, Mr Widnar said, all countries should emulate what India has done in climate change. Our correspondent reports that Mr Widmar expressed happiness with the Indian policies for climate change and related industries.
General Atomic CEO Vivek Lall lauded India’s policies and reforms in the field of drones. After meeting Prime Minister Narendra Modi, Mr Lall said India’s Space reforms are appreciated by one and all. Prime Minister also had a fruitful meeting with Vivek Lall, CEO of General Atomic.
World’s leading investment company Blackstone CEO Stephen Schwarzman today said India has been its best market for investment in the world. After meeting Prime Minister Narendra Modi, Mr Schwarzman said he had a productive meeting with him.
Later in the day, Mr Narendra Modi will meet US Vice President Kamala Harris. He will also separately meet his Australian and Japanese counterparts. Mr Modi, is in US at President Biden’s invitation to participate in the first in-person summit of Quad leaders. President Biden will host Prime Minister at the White House for their first bilateral meeting tomorrow. Mr Biden will also host the first-ever in-person Quad Leaders’ Summit with Modi, Japanese Prime Minister Yoshihide Suga and Australian Prime Minister Scott Morrison. Prime Minister Modi will also address the 76th session of the UN General Assembly in New York on 25th of September.
As the Prime Minister going to meet his counterpart Japan Yoshihide Suga later in the day, All India Radio News team in Washington spoke to Professor Rupajyoti Borah, an expert on India-Japan relations and a visiting fellow at the Tokyo- based Japan Institute of International Affairs.
Over the past seven years, Japan has made a slew of investments in India from Metros to the dedicated freight corridor projects. The meeting of the two leaders is expected to carry forward the momentum in India-Japan relations.
In today’s HOTSPOT section, we bring you a discussion on Indian connect with usa & quad” – a special programme on Prime Minister’s visit to USA.
Minister of State for Foreign Trade of the United Arab Emirates Dr. Thani Bin Ahmed Al Zeyoudi called on Finance Minister of India Nirmala Sitharaman in New Delhi. Both leaders discussed the strong economic and commercial engagement between the India and the UAE and the comprehensive strategic partnership which is driving the multi-faceted bilateral relations.
Dr. Thani Bin Ahmed Al Zeyoudi and a high-level UAE delegation are in New Delhi to hold talks aimed at improving bilateral economic relations, including expanding the existing trade and investment relationship. The first round of Comprehensive Economic Partnership Agreement, CEPA negotiations is underway.
The Finance Ministry said, the regular exchange of high-level bilateral visits even during the COVID-19 pandemic reflects the close friendship between the two countries.
AFGHAN-EAM G20 Meet
India has urged the global community to come forward and join hands to address the humanitarian needs of the people of Afghanistan. External Affairs Minister of India S. Jaishankar told in New York that the agencies involved in providing assistance to the Afghan people must get unimpeded, unrestricted and direct access to the affected citizens in the war ravaged nation. He was addressing the G20 Foreign ministers meeting on Afghanistan. He also reiterated that the Taliban must implement its commitment not to allow the use of Afghan soil for terrorism in any manner. Mr. Jaishankar said that the world expects a broad-based inclusive process that involves representation from all sections of Afghan society.
In Jammu and Kashmir, Indian Army on Thursday foiled an inflitration bid in Rampur area of Uri sector at Line of Control in Baramulla district. Three heavily armed terrorists were killed during the encounter.
Addressing a press conference at Boniyar Rampur in Baramulla, General Officer Commanding of Dagger Division, Lietenant General Virendra Vatts said that five terrorists in two groups had crossed over to Line of Control (LoC). However, after being challenged, they opened fire triggering an encounter in which three heavily armed terrorists were neutralised. The Army Commander further said that two other terrorists, who were standing behind the three slain terrorists managed to flee back to other side of LoC.
Meanwhile, a large quantity of arms and ammunition was recovered form the possession of slain terrorists.
The World Health Organisation has revised its air quality guidelines for the first time since 2005. According to WHO, through tightened guidelines, it hopes to spur countries toward clean energy and prevent deaths and illness caused by air pollution. The new recommendations particularly target pollutants including particulate matter and nitrogen dioxide, both of which are found in fossil fuel emissions.
WHO Director-General Tedros Adhanom Ghebreyesus said that air pollution kills at least seven million people prematurely each year. He added that even at very low levels, research has shown “air pollution affects all parts of the body, from the brain to a growing baby in a mother’s womb.
The body hopes the revisions encourage their 194 member countries toward actions that slash fossil fuel emissions, which are also driving climate change. Globally, countries are under pressure to pledge bold emissions-cutting plans ahead of the U.N. climate conference in November in Glasgow, Scotland.
INDIA – BANGLADESH
The Indian Army will organise a festival from September 26-29 at Kolkata to showcase the cultural linkage between India and Bangladesh during the liberation war of 1971. The festival named ‘Bijoya Sanskritik Mahotsav’ is being organised by the Eastern Command of the Indian Army.
The programme will include film screenings, plays, musical concerts and band performances, said a press release of the Indian army on Thursday.
Highlights of the event during the program include a Fusion band display of Army Pipe, Brass and Jazz Band, performances by renowned Bengali playback singers and a play on 1971 Indo-Pak war by RSR Group. A display of vintage vehicles and equipment of Eastern Command, and guided tours of Fort William Military Station has also been scheduled during the festival.
And now, a report from the Business World,
The Sensex at the Bombay Stock Exchange surged 958 points, or 1.6 percent, to close at a new closing high of 59,885. The Nifty at the National Stock Exchange jumped 276 points, or 1.6 percent, to also close at a fresh high of 17,823. In the broader market, the BSE Mid-cap Index gained 1.3 percent and Small-Cap Index rose nearly 0.9 percent.
At the forex market, the rupee appreciated 23 paise to end at 73.64, against the dollar.
Among global markets, key Asian markets made cautious gains today, supported by some positive news from cash-strapped developer China Evergrande Group. Concerns also eased somewhat yesterday when the People’s Bank of China injected 90 billion yuan into the banking system. China’s Shanghai Composite index rose 0.4%; Hong Kong’s Hang Seng gained 1.2% and Singapore’s Straits Times index added 0.9%. But South Korea’s KOSPI dropped 0.4% after returning from a three-day break. Stock markets in Japan was closed an account of holiday today.
In Europe, London’s FTSE-100 had risen 0.4 percent. The UK central bank keep the interest rate unchanged. France’s CAC-40 and Germany’s DAX had gained 1.1 percent each, in intra-day trade.
And in the international market, Brent crude oil futures declined 12 cents to 76.07 dollars a barrel. Rajesh Leikh, World News, All India Radio.
Now let us take a look at the major developments around the world, as reported in the foreign press:
⦁ The Guardian says Experts say China’s low-level cyberwar is becoming severe threat.
⦁ The Washington Post writes U.S. special envoy to Haiti resigns, says he will not be associated with inhumane, counterproductive deportations of Haitians.
⦁ The Globe And Mail reports Ukrainian parliament passes law on oligarchs after assassination attempt.
⦁ Financial Times says Evergrande deadline sends chills through 400 billon dollar Asian debt market.
⦁ Wall Street Journal reports Europe’s Balancing Act Between the U.S. and China Is Buffeted From Both Sides.
India is celebrating the 151st birth anniversary of Mahatma Gandhi. Before we end, let us listen to his favourite Bhajan VAISHNAV JAN, by artists SAUDI ARABIA.
AND WITH THAT, WE END THIS BULLETIN. WE’LL BE BACK AT THE SAME TIME TOMORROW WITH THE NEXT EDITION OF WORLD NEWS.