India's External Affairs Minister, S. Jaishankar, addressed President-elect Donald Trump's recent statement about imposing tariffs on BRICS nations at the Doha Forum. Jaishankar emphasized the strong relationship between India and the US, particularly during Trump's first administration, and the revival of the QUAD alliance. He also emphasized the positive personal bond between Prime Minister Modi and Trump, and India's stance against de-dollarization. Jaishankar reiterated the importance of the US-India trade partnership and stated that there are no plans for a BRICS currency.
BRICS and India's Stance on US Tariffs
Background:
The BRICS (Brazil, Russia, India, China, and South Africa) group of nations was formed in 2006 to promote economic cooperation and global governance reforms. The group has been critical of the US-dominated global economic order and has advocated for a more equitable system.
In 2020, then-US President Donald Trump threatened to impose tariffs on goods from BRICS nations, citing unfair trade practices. India, a member of BRICS, responded with concern.
India's Position:
India's External Affairs Minister, S. Jaishankar, addressed Trump's tariff threat at the 2021 Doha Forum. He emphasized the strong relationship between India and the US, especially during Trump's first term, and the re-establishment of the QUAD alliance (a security dialogue between India, the US, Japan, and Australia).
Jaishankar also highlighted the personal bond between Prime Minister Narendra Modi and Trump. He stated that India does not support de-dollarization, a move that would reduce the dominance of the US dollar in global trade.
India's Concerns:
India is concerned about the potential impact of US tariffs on its exports. India exports significant amounts of goods to the US, including pharmaceuticals, textiles, and machinery. Tariffs would increase the cost of these goods for US consumers, making them less competitive.
Top 5 FAQs:
1. Why did Trump threaten tariffs on BRICS nations? Trump accused BRICS nations of unfair trade practices, such as currency manipulation and state subsidies.
2. What is India's stance on the tariffs? India is concerned about the economic impact of the tariffs and believes that they could disrupt global trade.
3. What is the relationship between India and the US? India and the US have a strong relationship, especially in defense and security cooperation. India is also a major trade partner for the US.
4. What is the QUAD alliance? The QUAD is a security dialogue between India, the US, Japan, and Australia. It was established to counter China's growing military presence in the Indo-Pacific region.
5. What is India's position on de-dollarization? India does not support de-dollarization, believing that it would destabilize the global financial system.
The Bihar government announced a major reshuffle in the state's police ranks, transferring 62 IPS officers, including three additional directors general. Among the changes, Avakash Kumar will now take over as the SP of CID, while Kundan Krishnan has been assigned additional charge of the Special Task Force. The SP of the Economic Offences Unit will now be Rakesh Rathi, while Lalit Mohan Sharma and Amit Ranjan have been appointed as SPs in Vaishali and Sitamarhi districts respectively.
Staunch right-wing anti-immigrant campaigners and powerful Silicon Valley leaders like Elon Musk and Vivek Ramaswamy are locked in a fierce battle over the issue of immigration, spurred by the appointment of Indian-origin Sriram Krishnan to a senior White House role under the incoming Trump administration. While some argue that the US should prioritize hiring top talent from around the world, others believe that US-born engineers should be given opportunities first. Amidst the heated debate, differences in opinion over the country's engineering shortage and the role of culture have also emerged.
Former Indian Prime Minister Manmohan Singh passed away on December 17th, and today his funeral will be held at Nigambodh Ghat in Delhi. Manmohan Singh, who served as the country's Prime Minister for two terms, was respected by all political parties for his leadership skills and contributions to the nation. Heavy rain and snowfall have been recorded in Delhi and nearby states, creating challenging weather conditions for the funeral ceremony. Despite this, many political and public figures are expected to pay their respects to the former Prime Minister as he is cremated today.
The 2023 Karnataka Assembly elections in the Chintamani constituency feature Dr M C Sudhakar as the Indian National Congress (INC) candidate, with declared assets amounting to Rs 65.5 crore. As per the election affidavit, he has a post graduate degree and is 54 years old. Dr M C Sudhakar has also mentioned 0 criminal cases registered against him, making him a top contestant in the upcoming elections. Keep track of live result updates to see if he secures his position as MLA for the third time.
In a shocking display of protest, BJP leader K Annamalai lashes himself six times and vows not to wear footwear until DMK is removed from power in Tamil Nadu. He also plans to visit all the six abodes of Lord Muruga to complain about the situation in the state. Despite the AIADMK being the main opposition, Annamalai's dramatic move has helped the BJP seize the initiative on the sexual assault case at Anna University in Chennai. He has also called out the party's shortcomings and questioned the whereabouts of the Nirbhaya Fund.
Tamil Nadu BJP chief K Annamalai staged a dramatic protest in Coimbatore, flogging himself to condemn the state police and ruling DMK party for their handling of a sexual assault case. The former IPS officer accused them of deliberately disclosing the victim's identity and announced that he will not wear footwear until the government is dislodged. The incident, which occurred on Christmas eve at Anna University, has sparked widespread outrage and calls for better protection of women's safety in the state.
Former Prime Minister Manmohan Singh passed away at the age of 92 on Thursday at AIIMS Delhi. His death was confirmed by AIIMS in their bulletin, which led to an outpouring of condolences from leaders across the political spectrum. Singh, known for his role in shaping modern India with economic reforms, retired to his iconic bungalow in Lutyens' Delhi after stepping down from office in 2014.
The passing of former Prime Minister Manmohan Singh at the age of 92 due to age-related health issues has left the nation in mourning. Singh, who was admitted to AIIMS Delhi on Thursday evening, is being remembered for his economic revolution and progressive changes during his tenure. Political figures, including Priyanka Gandhi's husband Robert Vadra, have expressed their condolences for Singh's family and praised his service to the country. This is a developing story, stay tuned for updates.
The streets of Patna, Bihar have been filled with chaos and tension as aspiring candidates for the Bihar Public Service Commission (BPSC) staged protests and attempted to gherao the BPSC office. With allegations of irregularities in the BPSC exams, the aspirants are demanding the cancellation and re-examination of the exam. The situation escalated when the protesting students were met with force by the police, leading to a standoff between the two groups.
A viral post claims that Udhayanidhi Stalin mocked Hinduism and proclaimed himself as a proud Christian. However, our investigation revealed that the video was edited to misrepresent Stalin's remarks. In his full speech, Stalin also identified as a Muslim and a Hindu, promoting religious equality and unity. Reports and the original footage of the speech further prove that the viral video was misleading.