INDIA BRAZIL STRATEGIC PARTNERSHIP
India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table
Prime Minister Narendra Modi congratulated Brazilian President Luiz Inacio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.
HCLTech, Japan's Rapidus announce partnership for next generation semiconductor technologies
Indian IT services company HCLTech and Japan's Rapidus Corporation have announced a partnership for next-generation semiconductor technologies, with two dedicated development centres inaugurated in Bengaluru and Hubli to support the Japanese chipmaker's semiconductor engineering requirements.
YC-backed healthtech startup BioStack raises $9.5 million from Peak XV, DCVC, others
The Y Combinator-backed startup, which operates across India, the US, Brazil and Argentina, has access to more than 100 million de-identified patient records. It brings together fragmented clinical information, including medical scans, pathology reports, prescriptions, treatment histories and patient outcomes, to create complete patient records that can be used to train AI models.
Lula wins a historic fourth term, but Bolsonaro's refusal to concede clouds Brazil's political future
Senator Flavio Bolsonaro has questioned the legitimacy of President Luiz Inacio Lula da Silva's election results following the recent elections. Despite trailing by over 4 million votes, Bolsonaro plans to challenge the results, which is unlikely to succeed. Lula's victory defies both polling predictions and global sentiments against incumbents in Latin America. However, Lula faces numerous challenges with a Congress that includes many Bolsonaro supporters.
'Brazil is no one's backyard': Re-elected Brazilian president Lula da Silva
Luiz Inácio Lula da Silva has recently been re-elected as the President of Brazil. During his victory speech, he emphasized Brazil's status as an independent nation. Lula stated that the new government will reform the administrative system significantly. He aims to enhance public involvement in the decision-making processes that affect them.
‘We will continue to strengthen our cooperation’: PM Modi congratulates Brazilian President Lula on re-election
Prime Minister Narendra Modi congratulated President Luiz Inácio Lula da Silva on his re-election in Brazil. Modi expressed his eagerness to enhance the India-Brazil Strategic Partnership and broaden collaboration across various sectors. The two leaders discussed their commitment to addressing shared priorities within the Global South. Modi emphasized their goal of creating a more inclusive and sustainable world together.
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Lula beats Trump-aligned Bolsonaro in Brazil Presidential election: What happens next for US ties and the Amazon
In a decisive victory, Luiz Inácio Lula da Silva has clinched the presidency of Brazil for the fourth time, signaling a potential shift in the nation’s diplomatic ties with the United States under Donald Trump. Lula's agenda includes combatting Amazon deforestation, a stark departure from Bolsonaro's environmental stance. Meanwhile, Flávio Bolsonaro seeks to uphold his father's political legacy.
Brazil election 2026: Flavio Bolsonaro refuses to concede, says he will seek annulment of vote after Lula's win
Brazilian Senator Flavio Bolsonaro has refused to concede defeat to President Luiz Inacio Lula da Silva and said he would seek to annul the presidential runoff. Bolsonaro called a Supreme Court justice’s decision to extend voting by two hours “unacceptable”, challenging the conduct of an election that secured Lula a fourth non-consecutive term.
Brazil presidential election results: Five economic challenges facing re-elected President Lula
Brazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising mandatory spending limit budget flexibility, complicating fiscal management. High interest rates and persistent inflation hinder economic growth, impacting household and business debt levels. Lula's ability to implement reforms may be constrained by a conservative Congress, complicating his agenda.
FICCI seeks Dutch investment in mfg, tech; calls for project-level follow-up
FICCI has called for enhanced Dutch investments in India’s manufacturing and technology sectors during Piyush Goyal's visit. The discussions may lead to manufacturing partnerships and technology collaborations which would strengthen bilateral trade. Greater emphasis is placed on supply chain integration to meet Dutch quality and sustainability standards. The upcoming India-EU free trade agreement is expected to facilitate deeper commercial ties.
Union Minister Piyush Goyal interacts with Indian diaspora in Germany, lauds contribution to 'Karmabhoomi'
Union Minister of Commerce and Industry Piyush Goyal held an insightful interaction with members of the Indian diaspora in Germany, lauding their invaluable contributions to their adopted homeland while calling upon them to actively participate in India's rapid economic growth journey.
Polish PM Tusk seeks deeper tech, AI and space ties with India
During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.
Mozambique eyes India partnership to boost agro-processing, expand rice trade across Southern Africa
Mozambique is set to elevate its agricultural collaboration with India, tapping into mutual strengths in agro-processing. Secretary Antonio Do Rosario Grispos emphasized that India's rice imports are crucial for ensuring food security in Mozambique. This partnership aims to enhance trade routes via Mozambique's ports, fostering regional commerce and agricultural growth while strengthening historical ties with India as a strategic ally.
Union Minister Sarbananda Sonowal invites Polish firms to ‘build, innovate and grow with India’
Union Minister Sarbananda Sonowal addressed the India-Poland Business Forum, emphasizing stronger business ties between the nations. He highlighted Poland's strengths in engineering and clean energy and India's market potential and skilled workforce. Sonowal proposed initiatives to enhance collaboration in sectors like AI, quantum computing, and smart manufacturing. He called for Indian and Polish companies to innovate and invest together for mutual growth. Trade between India and Poland has reached $6.36 billion.
India-Poland strategic partnership should translate into JVs, says PM Tusk
Poland Prime Minister Donald Tusk emphasized the importance of moving beyond traditional trade with India. He advocated for deeper cooperation in technology, artificial intelligence, and aerospace between the two countries. Tusk also highlighted Bengaluru's significant role as a global technology and innovation hub. He called for translating declarations of strategic partnerships into joint ventures to strengthen economies. These initiatives aim to enhance access to global markets and foster economic growth.
Netanyahu invites PM Modi to light torch together with Indian pilot Smit Machchhar on Israel's Independence Day
Israeli Prime Minister Benjamin Netanyahu has invited Indian Prime Minister Narendra Modi to participate in Independence Day celebrations. Modi expressed gratitude for the invitation and acknowledged the cooperation between India and Israel on terrorism. Both leaders emphasized the importance of their long-standing relationship over the years. Netanyahu shared this conversation on social media to highlight their collaboration.
India-US ties: Rubio says closer economic, energy cooperation benefits both nations
US State Secretary Marco Rubio concluded his visit to India, focusing on strengthening economic and strategic ties. He held discussions with External Affairs Minister S Jaishankar about a proposed bilateral trade agreement between both nations. Energy cooperation was also a key topic, including India's imports of Russian petroleum and increasing energy purchases from the US.
Glance to be integrated by default on Android TVs in US, India, Japan in partnership with Google
Under the collaboration, Glance will transform idle TV screens into interactive shoppable storefronts across fashion, travel, food, wellness, and other lifestyle categories.
EAM Jaishankar thanks Rubio for Taj 26/11 tribute; calls for 'zero tolerance on terror'
S Jaishankar expressed gratitude to US Secretary of State Marco Rubio for honoring 26/11 terror attack victims. He highlighted the importance of strengthening collaboration in trade, technology, energy, and defense. Jaishankar welcomed the extradition of one of the culprits involved in the attacks, emphasizing India's right to self-defense against terrorism. The strategic partnership between India and the US has expanded significantly over recent decades despite differences.
In second visit within months, Rubio calls on India to scale up US energy and defence buys
India and the US are actively working to expand energy and defence cooperation amidst existing tensions. US Secretary of State Marco Rubio emphasized India's potential as a crude oil refining superpower. Discussions included increasing energy trade and promoting the purchase of American technologies for mutual benefit. Rubio also plans to visit Reliance Industries Ltd's Jamnagar Refinery to discuss energy security.
Rubio, Kazakhstan foreign minister discuss investment and critical minerals cooperation
A meeting took place in Samarkand between Kazakhstan's Foreign Minister Mukhtar Tileuberdi and US Secretary of State Marco Rubio. They discussed enhancing the strategic partnership, focusing on trade, economic and investment cooperation. Both parties expressed their commitment to expanding practical cooperation and increasing mutual trade turnover. They also addressed the upcoming G20 Summit preparations and the potential visit by Rubio to Kazakhstan.
Marco Rubio to to commence three-day visit to India, calls India key ally, says its Russian energy purchases need to be understood
Marco Rubio's visit to Mumbai includes discussions on the pending US-India trade deal and bilateral relations. He will meet External Affairs Minister S Jaishankar to address economic cooperation and regional stability. After paying tribute to terror victims, he will attend the Freedom 250 Reception celebrating diplomatic ties between the nations. Following Mumbai, Rubio will travel to Jamnagar to engage further in energy discussions.
Polish PM Donald Tusk to land in India on October 21 for official visit: MEA
This would be Tusk's second visit to India in his capacity as the prime minister of Poland, the first being during his earlier tenure in 2010. The Polish prime minister, who is coming at the invitation of Modi, will be accompanied by Andrzej Domanski, Minister of Finance & Economy, and a large business delegation, the MEA said in a statement.
EAM Jaishankar to meet Marco Rubio on October 20: What India & US will discuss during Secretary of State's six-day India visit
External Affairs Minister S Jaishankar will meet US Secretary of State Marco Rubio in Mumbai on October 20 to discuss ways to strengthen the India-US Comprehensive Global Strategic Partnership. Rubio will visit India from October 17 to 22, with energy cooperation among the key areas on the agenda. Jaishankar will also host UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Mumbai on October 19 and 20.
Lula vs Bolsonaro: As Brazil lies on the brink of tilting right, India watches its major BRICS partner
Flávio Bolsonaro secured leading votes against incumbent Luiz Inácio Lula da Silva in Brazil's elections on October 4. The runoff on October 25 could solidify right-wing power across South America, following a regional trend. Lula aims to reduce economic inequality while Bolsonaro focuses on crime and spending cuts. India is observing the elections closely due to its strategic partnership with Brazil in various sectors.
Sergio Gor welcomes Rubio to Uzbekistan ahead of key C5+1 Ministerial meeting
US Secretary of State Marco Rubio arrived in Samarkand, Uzbekistan, leading a large delegation of business executives. His visit focuses on strengthening trade and investment between the United States and Central Asian countries. Meetings with foreign ministers will address regional security and economic collaboration. Following Uzbekistan, Rubio will continue to India to discuss energy cooperation and strategic partnerships. Both visits aim to deepen bilateral ties and unlock new opportunities.
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