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Tesla CEO Elon Musk has raised alarm over what he calls a "financial emergency" as U.S. government interest payments now exceed $1 trillion annually, surpassing the entire Defense Department budget.Speaking at a recent Trump campaign rally, Musk highlighted that interest payments now consume 23% of all federal tax revenue, as the national debt has ballooned to $35.7 trillion. Bank of America analysts project the debt could reach $36 trillion by year's end, with increases of approximately $1 trillion every 100 days. https://timesofindia.indiatimes.com/technology/tech-news/elon-musk-declares-financial-emergency-whats-behind-the-35-trillion-time-bomb-us-is-said-to-be-facing/articleshow/114697347.cms The BRICS summit in Kazan has been a “total success”, said the Russian Ambassador to India Denis Alipov on Monday (October 28, 2024).In an interaction with the media, the Russian envoy said the BRICS grouping represents “current realities” and pointed out that Indian banks are “o...

Prime Minister Narendra Modi will today jointly inaugurate the TATA Aircraft Complex for manufacturing C-295 aircraft with his Spanish counterpart Pedro Sanchez in his home state of Gujarat. The two leaders will open the new facility - the first private sector Final Assembly Line (FAL) for military aircraft in India - at the TATA advanced systems limited (TASL) Campus in Vadodara. https://news.google.com/topics/CAAqJQgKIh9DQkFTRVFvSUwyMHZNRE55YXpBU0JXVnVMVWRDS0FBUAE?hl=en-IN&gl=IN&ceid=IN%3Aen In a major step to improve the diplomatic relations between the two countries, India and China will complete the process of military disengagement across the Line of Actual Control (LAC) by October 28-29, reported ANI. Patrolling across certain areas of the LAC will commence once the troops of both sides have completed disengagement and dismantled temporary structures, reported PTI. https://www.hindustantimes.com/india-news/india-china-to-complete-military-disengagement-along-lac-today-he...

The United States has welcomed India’s LAC agreement with China that ended the military standoff in eastern Ladak with American ambassador Eric Garcetti sayin the US has always supported India’s efforts to maintain its strategic interests and respect for its borders. https://timesofindia.indiatimes.com/india/good-day-in-indo-pacific-us-welcomes-india-china-deal/articleshow/114556768.cms Germany has accorded a special status to India, so that approvals for military purchases can be accelerated, German Ambassador Philipp Ackermann said on Wednesday, adding that the German seller is awaiting the Indian government to complete its decision making processes with regard to the P-75I submarine deal. The multi-billion dollar deal will top the agenda during this week’s visit to India by German Chancellor Olaf Scholz, and also over the weekend when Spanish Prime Minister Pedro Sanchez is due to visit. https://www.thehindu.com/news/national/germany-gives-india-special-status-for-military-purchase-...

1.The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.Russian President Vladimir Putin is using the summit of BRICS leaders to show that Western attempts to isolate Russia over the Ukraine war have failed and that Russia is building ties with the rising powers of Asia. https://www.ndtv.com/world-news/brics-is-for-the-fairies-until-china-india-get-serious-says-mr-brics-6858595 2.US Secretary of State Antony Blinken held a phone call earlier today with Qatari Prime Minister Mohammed bin Abdulrahman al-Thani, the latter’s office states.The Qatari readout says the two discussed the latest developments in Gaza.The readout is issued following Israel’s killing of Hamas leader Yahya Sinwar. https://www.timesofisrael.com/liveblog_entry/blinken-holds-phone-call-with-qatari-pm-following-israeli-killing-of-sinwar/...

Prime Minister Narendra Modi and Chinese President Xi Jinping will hold their first bilateral meeting in five years Wednesday, October 23, days after their countries reached an agreement to allow border patrolling operations in both countries along the Actual Line of Control (LAC) to resume, completing a disengagement process along the disputed borders. https://www.hindustantimes.com/india-news/pm-narendra-modi-and-xi-jinping-meeting-at-brics-summit-today-a-look-at-india-china-tensions-since-2019-101729668758432.html Canada Prime Minister Justin Trudeau's national security adviser, Nathalie Drouin, and David Morrison, the deputy minister of foreign affairs, are under scrutiny for reportedly sharing sensitive intelligence regarding India with The Washington Post. This occurred just days before the Royal Canadian Mounted Police (RCMP) alleged connections between Indian government agents and criminal activities in Canada. https://www.livemint.com/news/india/trudeaus-advisers-shared-se...

1.Prime Minister Narendra Modi is set to visit Russia for the Brics Summit in Kazan on Tuesday, focusing on economic cooperation and other key issues within the Brics framework. Indian Ambassador to Russia, Vinay Kumar, highlighted India's commitment to this cooperation, noting its foundational role. https://timesofindia.indiatimes.com/india/pm-modi-leaves-for-russia-to-attend-brics-summit-full-schedule/articleshow/114443967.cms 2.NDTV proudly presents its flagship event, NDTV World Summit 2024 - The India Century, where Prime Minister Narendra Modi spoke at the inaugural session - The India Century. In his keynote address, PM Modi spoke about why the 21st Century is 'The India Century' and how the country is growing rapidly and how investors from around the world are excited about India being the fastest-growing major economy. https://www.ndtv.com/world-news/ndtv-world-summit-2024-india-century-live-updates-pm-narendra-modi-david-cameron-s-jaishankar-to-speak-6830644 3.A t...

1.Nepal's Prime Minister K.P. Sharma Oli said on Sunday that no anti-China activities will be allowed in the country, reaffirming the Himalayan nation's commitment to the 'One China' policy.Mr. Oli made the remarks in a meeting with a high-level Chinese delegation led by Chen Jining, a member of the Communist Party of China's Central Committee. The meeting took place at his official residence in Baluwatar, Kathmandu. https://www.thehindu.com/news/international/no-anti-china-activities-will-be-allowed-in-nepals-territory-pm-oli/article68776595.ece 2.The Quad group of countries — India, Australia, Japan and the U.S. — held back-to-back naval war games, deepening interoperability and honing, in particular, their anti-submarine warfare skills. ‘Exercise Malabar’, comprising the four countries, concluded on Friday off the coast of Visakhapatnam. Earlier, the four countries were part of the multilateral ‘Exercise Kakadu’ hosted by the Royal Australian Navy from September....

 President Droupadi Murmu on Thursday (October 17, 2024) hailed the Indian community in Malawi as a "living link" between the two nations, praising their contributions to the African country's society and economy while urging their participation in India's developmental journey.President Murmu arrived in Lilongwe earlier the day on the final leg of her three-nation visit to Africa. https://www.thehindu.com/news/national/president-murmu-hails-indian-community-in-malawi-as-living-link-between-the-two-nations/article68767586.ece SCO Summit, S Jaishankar Pakistan Visit: The heads of government meeting of the Shanghai Cooperation Organisation (SCO) was attended by India, Pakistan, China, Russia and six other member countries on Wednesday (October 17). External Affairs Minister S Jaishankar travelled to Islamabad for the meeting, the first such visit in nine years.The meeting saw some cautious movement on India-Pakistan ties, while India remained the only SCO member to not ...

India and Mauritania on Thursday signed several Memorandums of Understanding (MoUs) during President Droupadi Murmu's visit to the African nation.The MoUs were signed in the presence of President Murmu and Mauritanian President Mohamed Ould Ghazouani, and aimed at strengthening diplomatic ties between the two nations. https://timesofindia.indiatimes.com/india/india-and-mauritania-sign-mous-on-cultural-exchange-visa-exemption/articleshow/114298401.cms The United States has a broken immigration system that needs to be repaired, Vice President Kamala Harris said on Wednesday in a rare interview with the Republican-leaning news channel during which she sparred with its popular host.“The point is that we have a broken immigration system that needs to be repaired,'” Ms Harris told Fox News anchor Bret Baier in a rare sit-down with the news channel. https://www.ndtv.com/world-news/us-elections-2024-us-has-a-broken-immigration-system-needs-repairing-kamala-harris-6806850 The University...

Australia has come up with a new visa regime for Indians, the "First Work and Holiday visa". This visa lets people 18 to 30 years old (inclusive) have an extended holiday in Australia and work there to help fund their trip. Australian Assistant Minister for Immigration Matt Thistlethwaite speaking to WION's Sidhant Sibal explained the benefit of it for young Indians seeking to go to Australia. He said, "It's a great opportunity for young Indians to gain some new skills to experience Australian culture at the same time."  https://www.wionews.com/india-news/australia-introduces-a-new-visa-regime-for-young-indians-767510 Canada expelled six Indian diplomats including the high commissioner on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada.Earlier in the day, India retaliated by ordering the expulsion of six high-ranking Canadian diplomats including the acting high commissioner an...

The latest NBC News poll has revealed a significant decline in Vice President Kamala Harris' popularity. In the October poll she and former President Donald Trump are locked in a tight race three weeks before Election Day. After her summertime boost, soon after taking over the Democrat campaign, Harris' favourability has dropped with a huge margin compared to the previous month. https://www.hindustantimes.com/world-news/us-news/nbc-poll-predicts-shocker-for-kamala-harris-numbers-indicate-popularity-decline-after-a-fall-in-5-point-lead-101728876962798.html Israeli Prime Minister Benjamin Netanyahu wrote to Prime Minister Narendra Modi condoling the death of Indian industry titan and chairman emeritus of the Tata Group, Ratan Tata. The business tycoon died on Wednesday night at the age of 86. He had been undergoing treatment for prolonged illness at Mumbai’s Breach Candy Hospital and was said to be in critical condition. https://www.indiatoday.in/india/story/israel-prime-minister...

The final rites of Ratan Naval Tata - the industrialist with a heart of gold - were performed with full State honours at a Mumbai crematorium this afternoon.Home Minister Amit Shah was among the many high-profile dignitaries on hand to pay their final respects to Mr Tata; he stands in for Prime Minister Narendra Modi, who is en route to Laos to attend the ASEAN-India and East Asia summits. Mr Modi last night hailed Mr Tata as a "an extraordinary human being". https://www.ndtv.com/india-news/ratan-tatas-last-rites-with-state-honours-thousands-pay-tribute-6760075 Tata and the Taj: A tale of leadership, legacy, and luxury- Ratan Tata, renowned industrialist and former chairman of Tata Sons, has left an indelible mark on Indian hospitality by transforming the Taj Group into a global symbol of luxury, resilience, and heritage. https://www.hotelierindia.com/business/ratan-tata-and-the-taj-a-tale-of-leadership-legacy-and-luxury The University of Oxford has yet again emerged as the t...

Ratan Tata, one of India’s most powerful and admired magnates, who transformed his family’s business conglomerate, the Tata Group, into a multinational corporation with globally recognizable brands, died on Wednesday in Mumbai. He was 86.The Tata Group announced his death in a statement, which did not specify a cause. He had been treated in a critical care unit of a hospital, Reuters reported. https://www.nytimes.com/2024/10/09/business/ratan-tata-dead.html Industrialist Ratan Tata, who died at the age of 86 in a Mumbai hospital on Wednesday, will be cremated with full state honours, Maharashtra Chief Minister Eknath Shinde announced. The state government has also declared a day of mourning on Thursday to honour the late industrialist. Mr Shinde announced that the national flag will be flown at half-mast across government offices in Maharashtra as a mark of respect. Entertainment events scheduled for Thursday have been cancelled. https://www.ndtv.com/india-news/ratan-tata-dies-ratan-ta...

President Mohamed Muizzu on Monday agreed to let New Delhi deploy “defence platforms and assets” in the Maldives – signalling a turnaround in his approach just a few months after his government in Malé had made India withdraw all its its military personnel stationed in the Indian Ocean archipelago for humanitarian operations. https://www.deccanherald.com/india/muizzu-agreed-to-let-india-deploy-defence-platforms-in-maldives-months-after-making-india-withdraw-troops-3223309 AI pioneers Geoffrey Hinton, John Hopfield win 2024 Nobel Prize in Physics.-The Nobel Prize in Physics was awarded to John Hopfield and Geoffrey Hinton, as announced by the Royal Swedish Academy of Sciences in Stockholm, Sweden on Tuesday. This year’s Nobel Laureates in Physics have used physics tools to develop methods that form the basis of today’s powerful machine learning, said the official announcement. https://www.hindustantimes.com/world-news/nobel-prize-in-physics-2024-john-hopfield-geoffrey-hinton-win-for-wor...

 Increasingly intense floods and droughts are a “distress signal” of what is to come as climate change makes the planet’s water cycle ever more unpredictable, the United Nations said on Monday (October 7, 2024).Last year, the world’s rivers were their driest for more than 30 years, glaciers suffered their largest loss of mass in half a century, and there were also a “significant” number of floods, the UN’s World Meteorological Organisation (WMO) said in a report. https://www.thehindu.com/news/international/worlds-water-cycle-getting-unpredictable-says-un-study/article68731242.ece Tunisia’s President Kais Saied was re-elected on Monday with 90.69 per cent of the vote, the head of independent commission for elections (ISIE) said on national television.Saied, 66, won Sunday’s election by a landslide, with his challengers Ayachi Zemmal collecting 7.3 per cent and Zouhair Maghzaoui 1.9 per cent of votes cast, reported AFP. https://www.firstpost.com/world/tunisian-president-saied-secures...

The Maldives will not act to undermine India's security and views New Delhi as a "valued partner and friend", and cooperation in several fields - including defence - will "always be a priority", President Mohamed Muizzu said Sunday as he arrived in the national capital for his first bilateral visit. https://www.ndtv.com/india-news/maldives-president-mohamed-muizzi-india-visit-wont-do-anything-to-undermine-security-of-india-maldives-president-6732730 The SAARC is "not moving forward" and meetings of the regional grouping have not happened in the last few years as one of its members is practising "cross-border terrorism", External Affairs Minister S Jaishankar said on Saturday. https://www.ndtv.com/india-news/1-member-of-saarc-practising-cross-border-terrorism-s-jaishankar-6725111 Japanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the bite of inflation.“We would need to support peo...

Maldivian President Mohamed Muizzu will visit India from October 6-10 to hold talks with Prime Minister Narendra Modi, with the external affairs ministry saying on Friday the trip is expected to give momentum to bilateral cooperation and ties.-hindustantimes.com External Affairs Minister Dr S Jaishankar will visit Pakistan later this month to attend Shanghai Cooperation Organisation (SCO) ‘Heads of Government’ summit.This would be Jaishankar’s first visit to Pakistan as foreign minister of India. Jaishankar’s trip also marks the first official visit by an Indian Foreign Minister to Islamabad in nine years.-news18.com India's foreign exchange reserves crossed the $700 billion mark for the first time ever in September 2024, according to data released by the Reserve Bank of India (RBI) on Friday, October 04, 2024.The reserves, currently at $704.885 billion, rose by $12.588 billion from last week, by $58.466 billion from the end of March 2024, and by $117.977 billion from the same time...

The New Zealand city of Dunedin was cut off by road due to flooding Friday after recording its wettest day in more than a century. Local authorities in the South Island city said more than 80 people who lived in low-lying areas spent the night in emergency shelters after the rain began Thursday. There have been no deaths and no one is unaccounted for. https://www.hindustantimes.com/world-news/dunedin-new-zealand-records-its-wettest-day-in-a-century-as-flooding-cuts-the-city-off-by-road-101728009109886.html India has strongly rejected a report by the US Commission on International Religious Freedom (USCIRF), which flagged "increasing abuses" against religious minorities in the country. The ministry of external affairs (MEA) dismissed the report as "biased" and accused the USCIRF of promoting a "motivated narrative." https://www.hindustantimes.com/india-news/india-rejects-malicious-report-by-uscirf-on-religious-freedom-abuses-desist-from-such-agenda-driven-e...

The Indian embassy in Israel on Tuesday issued an advisory to all the Indian citizens in wake of the conflict in the Middle East.In an X post, the Indian embassy asked all the Indian citizens to remain vigilant and adhere to safety protocols issued by the local authorities.“Please exercise caution, avoid unnecessary travel within the country and stay close to safety shelters. https://www.hindustantimes.com/india-news/amid-irans-missile-attacks-india-urges-its-citizens-in-israel-to-exercise-caution-101727806419989.html As the conflict in West Asia enters a new and unstable phase, with Iran launching a barrage of missiles on Israel overnight, both global and Indian traders are bracing for a prolonged disruption in trade, as the vital Red Sea shipping route may remain inaccessible to global shipping lines for a much longer duration than previously anticipated, potentially keeping freight rates uncomfortably high. https://indianexpress.com/article/business/israel-iran-conflict-red-sea-rout...

Japan’s Prime Minister Fumio Kishida resigned with his Cabinet, paving the way for his likely successor Shigeru Ishiba to take office. Chief Cabinet Secretary Yoshimasa Hayashi announced that Kishida and his ministers stepped down at a Cabinet meeting Tuesday. https://www.hindustantimes.com/world-news/japans-prime-minister-kishida-steps-down-as-planned-before-likely-successor-ishiba-takes-office-11727744511348.html Prime Minister Narendra Modi spoke to his Israel counterpart Benjamin Netanyahu today. The two leaders, he said, had discussed the situation in West Asia. "Terrorism has no place in our world. It is crucial to prevent regional escalation and ensure the safe release of all hostages. India is committed to supporting efforts for an early restoration of peace and stability," he said in a post on X, formerly Twitter. https://www.ndtv.com/india-news/terrorism-has-no-place-in-our-world-pm-modi-speaks-to-israels-netanyahu-as-west-asia-conflict-escalates-6685811 The US Miss...