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Donald Trump comes to India next month with a $10-bn trade deal

The deal will be signed during Trump’s visit to India, and is a precursor to a FTA between the two nations.
The Economic Times



India awaits China nod for evacuation

External affairs minister S Jaishankar on Tuesday said, “Our embassy is in contact with the Chinese government. We are trying to evacuate people, most of whom are students, from Wuhan city by sending a plane. Efforts are on. I can assure you that the government of India is working on it and very soon some solution will be found.”

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  • Xi Jinping made his remarks during talks with head of the WHO in Beijing as a host of nations prepared to airlift their citizens from Wuhan, the epicentre of the outbreak. "Chinese people are currently engaged in a serious struggle against an epidemic of a new type of coronavirus infection," Xi told WHO chief Tedros Adhanom Ghebreyesus.

    With tour groups from the mainland already suspended, the new measures blocking individual travellers will dramatically reduce the number of Chinese able to visit the semi-autonomous city.

    His remarks during his meeting with Chinese Foreign Minister Wang Yi came as India, US and several other countries are finalising plans to evacuate their citizens from Hubei province, the epicentre of the virus outbreak.

    Authorities also ordered schools and universities to remain closed on Tuesday after extending a national holiday by a week in a bid to contain an outbreak that has already killed more than 100 people and spread to a dozen countries.

    More than 50 cases have been confirmed in other places with nearly all of them involving Chinese tourists or people who visited Wuhan recently.

    Over 250 to 300 Indian students are reportedly stuck in Wuhan triggering concerns over their well-being.

    A 32-year-old Thailand national, suspected to be suffering from Coronavirus, died in a private hospital in Kolkata on Monday. The death of a...

    Indian engineering exports to China increased by a significant 27.60 per cent to USD 1.77 billion during April-December 2019 -20, according to EEPC India analysis. "In fact, China has emerged as our 10th largest export destination for engineering goods, dominated by iron and steel as also industrial machinery,'' said EEPC chairman Mr Ravi Sehgal.

    Majority of Indians waiting for a green card have gone to the United States on an H-1B visa, putting them in the category of highly skilled and high earning individuals, not dependent on state aid. It may, however, impact a small number of people who apply for a green card under the family or relative-based green card category.

    MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.52 per cent.

    "A total of 633 people are under observation in the state. As of now everything is under control. But we need to remain vigilant until the World Health Organisation says its safe," state Health Minister K K Shylaja said.

    India and several Asian countries are not in the same league as the US when it comes to supplying quality goods from the industrial and agriculture sectors. Indian grains and vegetables have not been able to overcome testing requirements essential to access the Chinese market. But there are situations where trade logic does not work in its entirety.

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