MILKEN INSTITUTE ASIA SUMMIT
MEA says "power grid integration" with ASEAN is promising as India eyes deeper digital cooperation
India is looking to solidify partnerships with ASEAN countries in digital public infrastructure and telecommunications. The country seeks to leverage its experience in power grid integration for regional energy security. Prime Minister Narendra Modi's upcoming visit to the Philippines will coincide with the 49th ASEAN Summit. Various world leaders will participate in discussions on regional cooperation and challenges.
PM Modi to attend ASEAN summit in Manila from November 16 to 18
Indian Prime Minister Narendra Modi is set to visit the Philippines from November 16 to 18 to participate in the ASEAN summit in Manila. India is a strategic partner of the 11-member ASEAN, which includes nations such as Indonesia, Malaysia, and Vietnam. This visit highlights India's engagement with Southeast Asian countries.
Elon Musk has a class 12 competitor from India: Hyderabad student makes satellite receiver that works without internet
A Class 12 student from Hyderabad has developed SummitSathi, a satellite-based receiver that downloads cloud images without internet or mobile connectivity. Three units, costing around Rs 68,000 each, are planned for deployment across 10 villages in Himachal Pradesh's Seraj Valley to provide an additional source of weather-related information during network disruptions.
SLN Coffee to set up Rs 3,500 crore food processing unit in Andhra Pradesh, its first plant outside Karnataka
SLN Coffee, based in Coorg, signed an MoU with the Andhra Pradesh government for a significant investment. This ambitious plan aims to establish a food processing unit which will create around 3,400 jobs. The company's Levista brand has gained traction across South India since its launch in 2017. SLN Coffee also plans to scale up manufacturing and exports under Project Horizon.
What is ASEAN and why does the bloc matter amid global tensions?
Major powers will join a summit next week of Southeast Asian nations hosted by the Philippines against one of the most complex backdrops for the regional bloc, from the Iran war that has battered economies to the growing US-China rivalry.
ASEAN to launch joint oil product stockpiling scheme as early as 2027, Nikkei reports
In a move to bolster regional energy security, ASEAN nations plan to roll out a collective oil stockpiling project by 2027. This initiative will establish crucial storage locations in Indonesia and Thailand, enabling member states to share resources. Initially, during emergencies, the Philippines will access diesel and gasoline from these shared reserves.
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South Korea sees little prospect of US-North Korea contact around APEC
South Korea sees little chance of a meeting between US President Donald Trump and North Korean leader Kim Jong Un on the sidelines of the upcoming APEC summit in China, according to a senior presidential official. Seoul also does not expect North Korea to participate in APEC-related events. The assessment comes amid rising tensions along the inter-Korean border and uncertainty over Russian President Vladimir Putin's possible attendance at the summit.
CII summit puts spotlight on Naidu's importance as key NDA ally, Centre's show of strength
The CII Partnership Summit is scheduled for November 12-13 in Visakhapatnam, featuring key Union ministers and the Vice-President of India. This event aims to solidify N Chandrababu Naidu's role as a crucial ally of the NDA. Naidu will deliver the keynote address while discussions will focus on various economic issues. Ministerial participation will showcase potential investment opportunities in Andhra Pradesh.
Oil prices drop more than $1 as hopes for Iran, Ukraine peace talks pressure markets
Oil prices dropped more than $1 on Thursday as hopes for progress in peace talks over the Middle East and the Russia-Ukraine wars pressured the market. Brent
World leaders urge stronger and faster action at UN climate talks over inadequate response
World leaders gathered in Turkey for COP31 to discuss effective strategies to combat climate change. Notably absent are leaders from major polluting nations, including the United States, China, and India. U.N. Secretary-General Antonio Guterres urged immediate action in his opening speech and suggested a framework for cooperation. Brazil's President Luiz Inacio Lula da Silva emphasized the need for global leadership on environmental issues.
Deutsche Bank launches digital asset custody service for paying clients
Deutsche Bank launches its digital asset custody service for institutional and corporate clients, offering secure storage for cryptocurrencies including Bitcoin and Ether. The move strengthens its digital asset strategy, with plans for potential Asian expansion and collaboration with DWS to develop regulated digital asset infrastructure.
China and ASEAN make progress on South China Sea pact
The last major sticking points are the geographic scope to be covered by the agreement, the definition of sensitive terms and whether the accord should be legally binding or not, according to the three diplomats. They spoke on condition of anonymity and without elaborating because they were not authorized to discuss the issues in public.
US and China should stay clear-eyed on AI cooperation and competition, Scott Bessent says
The United States and China should harbor no illusions about their differences on artificial intelligence as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott
Central Asia's biggest state holds mega business meet in USA
The forum was organized by Kazakhstan’s Ministry of Foreign Affairs in cooperation with the Atameken National Chamber of Entrepreneurs and the U.S. Chamber of Commerce on the sidelines of the B20 Summit on Nov. 9. It brought together government officials, national companies, financial institutions and business representatives from both countries, including representatives of more than 100 American enterprises, according to a report in The Astana Times.
Faithful...to their husbands' institutions
Jensen Huang's recent affair has prompted attention to his wife Lori's possible reactions and future actions. Throughout history, many women have tolerated their partners' indiscretions for various larger purposes. This tendency is especially evident in politics, monarchies, and business, where public loyalty often takes precedence over personal fidelity. Historical examples include Hillary Clinton and Eleanor Roosevelt, who prioritized political stability and legacy.
Three years ago today, Alice Huang stepped down as Megaspeed director: What happened next and Why Jensen Huang faces scrutiny
Three years after Alice Huang left Megaspeed's board, her reported relationship with Nvidia CEO Jensen Huang and alleged China intelligence links have drawn attention. US investigations into Megaspeed, Nvidia's board inquiry and a congressional request for answers have raised questions about national security and the company's China dealings.
China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per cent
China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.
ET Graphics: As Earth heats up, will Antalya deliver?
Negotiators from across the world are gathering in Antalya, Türkiye, for COP31, the UN climate summit being held from November 9 to 20. India achieved its 2030 target of sourcing 50% of installed electricity capacity from non-fossil fuels five years early, reaching 55% by September 2026. However, climate risks remain significant, with heat-related threats projected to affect 4.2% of GDP. Despite its clean energy progress, India's emissions are expected to rise by 1,254 million tonnes by 2035.
Trump says likely to meet Putin, Xi in China
US President Donald Trump is expected to meet with Chinese leader Xi Jinping and Russian President Vladimir Putin. The meetings will occur during the Asia-Pacific summit in Shenzhen, China, on November 18-19. Discussion topics will include denuclearisation and efforts to end the ongoing war in Iran.
India finalises association with Horizon Europe for research and innovation collaboration
India has concluded negotiations with the European Union to associate with Horizon Europe for research cooperation. The agreement aims to create a long-term framework for collaborative R&D projects between India and the EU. Indian researchers will have access to European consortia and cutting-edge research infrastructure through this partnership. The collaboration seeks to deepen talent mobility and co-develop critical technologies and standards effectively.
China confirms discussions are underway on a historic Xi-Trump-Putin meeting
Beijing has officially indicated it is coordinating a meeting between the leaders of China, the U.S., and Russia. This historic gathering may take place in Shenzhen later this month during a regional summit. Experts suggest the discussions will likely be superficial and primarily focused on optics rather than substantive issues. Both the U.S. and China are dealing with ongoing trade tensions and disagreements over multiple topics.
Piyush Goyal to visit Egypt with big business delegation; India eyes trade, investment partnerships
Commerce Minister Piyush Goyal will visit Egypt next week with a large business delegation to explore investment and collaboration in sectors including startups, fintech, pharmaceuticals and automobile components. The visit comes as India seeks to deepen its strategic engagement with West Asia and position Egypt as a gateway to African, Arab and European markets.
Trump could woo North Korea after midterm setback, but Kim may not respond
Following an unfavorable midterm election, Trump may pivot towards foreign policy engagement with North Korea, as analysts suggest this could fortify his legacy. Nevertheless, the North seems disinclined to reciprocate Trump's overtures, and regional partners, including South Korea and Japan, are apprehensive about being excluded from talks with Kim Jong Un. The intricate dynamics of the situation are likely to hinder productive discussions moving forward.
Chinese President Xi Jinping likely to skip ASEAN Summit in Manila: Report
The Philippines' Department of Foreign Affairs (DFA) shared this information on Wednesday while responding to reports about Xi's expected absence from the annual summit, which the Philippines is hosting this year.
Odisha signs MOU with J-PAL South Asia to strengthen evidence-based policymaking
The Government of Odisha has signed a three-year MoU with Abdul Latif Jameel Poverty Action Lab. This agreement aims to strengthen evidence-based policymaking through research and collaboration. J-PAL South Asia will support various governmental departments to address their policy priorities effectively. A Steering Committee will oversee the partnership and monitor project development every six months. The collaboration builds on ongoing efforts to improve areas such as education, sanitation, and governance.
Renewable energy key to India's energy security, German envoy Jasper Wieck says
Germany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambassador Jasper Wieck highlighted the necessity for India to domestically produce solar panels and batteries. The Bharat Renewable Energy Summit is instrumental in establishing partnerships between Indian and German firms for local production.
India-EU FTA to simplify and reinforce corporate cooperation, says Swedish Ambassador Petra Menander
The proposed India-European Union Free Trade Agreement (FTA) will simplify and reinforce bilateral corporate collaboration, said Sweden's Ambassador to India Petra Menander, pointing to expanded opportunities for technology transfers and joint industrial initiatives.
India adds 34 new universities to QS Asia rankings; top six slip
QS Asia University Rankings 2027: India has strengthened its higher education system, with 325 universities ranking in QS World University Rankings: Asia 2027. While the country added 34 new institutions, its leading universities experienced declines in their rankings. Indian Institute of Technology Delhi remained the highest-ranked institution but fell to 66th position. Despite setbacks, India excelled in research output relative to academic staff among Asian countries.
India to host IORA foreign ministers amid Gulf energy supply concerns
India plans to host foreign ministers from various Indian Ocean Region countries later this month. The meeting will occur amid ongoing energy supply challenges stemming from the conflict in West Asia. Key discussions will revolve around predictable supply chains and energy supply disruptions. This ministerial meeting is part of India's preparations for the upcoming IORA summit in 2027.
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