SUMMIT
US midterm elections: China says it will continue working with America
China has reacted carefully to the Democratic Party's gains in the recent US midterm elections. The Chinese Foreign Ministry stated that it remains committed to cooperation with the US despite political changes. Chinese President Xi Jinping and US President Donald Trump have met twice this year to enhance strategic stability. Beijing is also discussing a potential trilateral meeting with the US and Russia at the upcoming APEC summit.
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.
AI boom to drive demand for clean, affordable power: Pralhad Joshi
Union Minister Pralhad Joshi highlighted the importance of affordable, clean electricity access amid rising artificial intelligence adoption. He stated that this necessity will become a strategic imperative for reshaping economies. India has been re-elected as president of the International Solar Alliance, with plans for continued investment and solar deployment.
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitability
Air India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financial turnaround. The plan includes bringing unit costs in line with industry levels, restructuring its Delhi network, expanding international flights from Mumbai and exploring Bengaluru as a third hub.
India elected as President of International Solar Alliance for third straight term: Pralhad Joshi
Addressing media at the summit, Joshi said, "At the ninth session of the ISA, we reaffirm a fundamental belief: progress becomes truly meaningful when its benefits are shared". He congratulated France on the occasion of being reelected co-President of the ISA.
China to expand global access to yuan assets, promote Hong Kong as offshore hub
China plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulators flagged risks from surging AI investments, warning of rising leverage, higher borrowing costs and financial instability.
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Blackstone president says more tech sector fundraising ahead to keep up with AI industry growth
Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely demand from the AI industry's growth.
The power of signature IPs: A new way for B2B brands to reach decision-makers
Learn how signature IPs, including industry summits, executive programmes, awards and exposure, help B2B brands to engage key decision-makers, deepen industry relationships and open up new business opportunities by connecting with the right audience through targeted, business-focused platforms.
Clean energy investment helped India weather global energy crisis: PM Modi
Prime Minister Narendra Modi stated that India's investments in clean energy have mitigated severe external shocks. He announced an ambitious target of adding 500 GW of new non-fossil energy capacity within the next decade. Modi emphasized the importance of energy security in relation to economic stability.
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.
Karnataka invites Japanese firms to scale manufacturing, tech alliances
Karnataka seeks collaboration with Japanese companies for manufacturing and innovation in various high-tech sectors. The state presents dedicated incentive packages to support electronics manufacturing and other industries. More than 200 Japanese companies currently operate in Karnataka, enhancing bilateral business relations. Agreements have been signed for Japanese language training to better equip local students.
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
Experts say health technology, preventive healthcare at inflection point, India ready to leverage
With a focus on preventive healthcare and wellness, India is on the verge of harnessing new technological innovations. Sangita Reddy from Apollo Hospitals stresses the significance of wearable devices in spotting health issues early on. In collaboration with Apollo Hospitals, Garmin Health is targeting rural health efforts and highlighting the event's health technology strides.
EAM Jaishankar discusses Ukraine-Russia conflict solutions amid G20 summit
India has engaged in discussions with Russia, Europe, and Ukraine regarding the ongoing conflict and its impact. These talks focused on preventing attacks on civilian shipping and restoring grain exports affected by Black Sea disruptions. External Affairs Minister S. Jaishankar emphasised the complexity of discussions around ceasing attacks on energy installations. Various interpretations of what constitutes energy installations have complicated these discussions.
UK PM Burnham says he is 'open' to formal apology for slavery, but rules out reparations
British Prime Minister Andy Burnham expressed openness to a formal apology for Britain's role in slavery. He also suggested a structured dialogue with those affected by the transatlantic slave trade. Despite this, Burnham rejected calls for financial reparations, citing the liability of current British citizens. Caribbean leaders are expected to advocate for reparations during the upcoming Commonwealth summit.
G20 foreign ministers end Atlanta meeting without consensus on key issue, group photo cancelled
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
Jaishankar calls for deeper Quad cooperation on energy security, counter-terrorism, maritime issues
Participating in the Quad Foreign Ministers' Meeting in Atlanta, Jaishankar said he spoke about countering non-market practices and increased economic stresses in the Indo-Pacific region.
Quad to step up cooperation in AI, critical minerals
US Secretary of State Marco Rubio met External Affairs Minister S Jaishankar, Japan's Foreign Minister Toshimitsu Motegi and Australian Foreign Minister Penny Wong on the sidelines of the G20 Foreign Ministers' Meeting in Atlanta.
G20 foreign ministers to end Atlanta meeting without consensus on key issues
Top diplomats from the G20 nations met in Atlanta, discussing critical global security issues without consensus. Significant divisions arose, particularly regarding Russia's war with Ukraine and the Iran conflict. Instead of a joint communique, a chairman's statement will summarize their discussions. Participants hoped to make the upcoming G20 leaders summit in Florida a success despite disagreements. U.S. Secretary of State Marco Rubio emphasized the need for unity during the conversations.
"Discussing ACITI": EAM Jaishankar holds trilateral meeting with Australian, Canadian counterparts
External Affairs Minister S Jaishankar held a trilateral meeting with Canadian and Australian counterparts in Atlanta. They discussed the Australia-Canada-India Technology and Innovation Partnership focused on green energy and supply chains. Jaishankar emphasized the need for diplomatic solutions to global challenges and highlighted issues impacting the Global South. He noted the adverse effects of military actions on civilian shipping and emphasized market access issues.
Tennis-Zverev finally takes his place at the summit
Alexander Zverev has achieved the top position in the world tennis rankings after overcoming various challenges. He capitalized on injuries to rivals like Carlos Alcaraz and Jannik Sinner this season. Zverev claimed titles at the French Open and US Open, marking a significant turnaround in his career. His previous struggles include an ankle injury and past allegations, which he has consistently denied.
UN climate panel to resume in December after key report deadlock
The Intergovernmental Panel on Climate Change (IPCC) will convene virtually from December 1 to 3, focusing on finalizing a crucial report addressing climate change and its budget. While several nations advocate for its completion ahead of the 2028 UN climate summit, others, including Saudi Arabia, India, and China, propose a delay until 2029, highlighting the ongoing tensions around global climate action.
AI is part of solution for climate change, COP31 pledge says
Turkey is set to introduce a pledge at the upcoming COP31 climate summit in Antalya. This pledge suggests that artificial intelligence can help in combating climate change effectively. However, data centers are reportedly increasing fossil fuel emissions significantly, raising environmental concerns.
First top-level Quad Summit under Trump administration likely in Manila
The proposed summit will focus on critical technology, minerals and associated supply chains, maritime security and disaster management, according to people familiar with Quad dynamics. The meeting is also expected to address the establishment of a Quad energy bank. A key item on the agenda will be securing supply chains for essential products, particularly in the light of ongoing conflicts and the weaponisation of trade routes.
India needs $220 billion investment to achieve 500 GW clean energy target by 2030
India faces a significant challenge in attaining its renewable energy targets, necessitating an investment of about $220 billion between 2027 and 2030. This capital will aid in expanding energy storage solutions, transmission infrastructure, and manufacturing strength. Ahead of the Bharat Renewable Energy Summit & Expo, secretary Santosh Kumar Sarangi emphasized the urgency of these investments, which will foster public-private partnerships for sustainable energy solutions.
India needs $220 billion to meet 500 GW renewable energy target by 2030
The Bharat Renewable Energy Summit & Expo 2026, to be held from November 2- 5 at Bharat Mandapam in the national capital, will serve as a key forum for seeking the USD 220 billion investment, the official said.
India invites Pakistan for SCO civilisational dialogue forum meet next month
India has extended an invitation to Pakistan for the SCO's civilisational dialogue forum meeting next month. This forum aims to enhance cultural understanding and people-to-people ties among member states. The initiative was proposed by Prime Minister Narendra Modi during last year's SCO summit in China. Despite recent strained relations, high-level exchanges continue within the SCO framework between India and Pakistan.
Russia explores gas collaboration with US partners as Putin calls for higher supply
Russian President Vladimir Putin announced intentions to increase gas supply and explore collaboration with US partners. He emphasized the need for cooperation in the gas sector during the Gas Exporting Countries Forum summit. Kremlin aide Yury Ushakov indicated that geopolitical challenges in the gas industry would also be addressed. Leaders plan to adopt a Moscow Declaration to highlight the reliability of member countries as gas suppliers.
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