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India is also called Bharat, Bharata, Hindustan - its pre-colonial names - in Indian languages and these are used interchangeably by the public and officially. As Modi declared the summit in New Delhi open on Saturday, he sat behind a table nameplate that read "Bharat", while the G20 logo had both names - "Bharat" written in Hindi and "India" in English. Such placards have used "India" in the past. Speaking in Hindi, the language spoken by a majority of the population, Modi said "Bharat welcomes the delegates as the President of the G20". While some supporters of the name Bharat say "India" was given by British colonisers, historians say the name predates colonial rule by centuries.
Persons: Tanvi Mehta, Narendra Modi's, Bharat, Droupadi Murmu, Modi, YP Rajesh, Jacqueline Wong Organizations: South, Bharat, Rashtriya Swayamsevak Sangh, Bhartiya Janata Party, BJP, Developmental Inclusive Alliance, YP Locations: DELHI, India, Bharata, Hindustan, New Delhi, British, INDIA
A giant screen displays India's Prime Minister Narendra Modi at the International Media Centre, as he sits behind the country tag that reads "Bharat", while delivering the opening speech during the G20 summit in New Delhi, India, September 9, 2023. India is also called Bharat, Bharata, Hindustan - its pre-colonial names - in Indian languages and these are used interchangeably by the public and officially. As Modi declared the summit in New Delhi open on Saturday, he sat behind a table nameplate that read "Bharat", while the G20 logo had both names - "Bharat" written in Hindi and "India" in English. Speaking in Hindi, the language spoken by a majority of the population, Modi said "Bharat welcomes the delegates as the President of the G20". While some supporters of the name Bharat say "India" was given by British colonisers, historians say the name predates colonial rule by centuries.
Persons: Narendra Modi, Anushree, Narendra Modi's, Bharat, Droupadi Murmu, Modi, Tanvi Mehta, YP Rajesh, Jacqueline Wong Organizations: International Media Centre, REUTERS, South, Bharat, Rashtriya Swayamsevak Sangh, Bhartiya Janata Party, BJP, Developmental Inclusive Alliance, YP, Thomson Locations: New Delhi, India, DELHI, Bharata, Hindustan, British, INDIA
The G20 logo is shown ahead of G20 Summit, in New Delhi, India, September 8, 2023. REUTERS/Anushree Fadnavis Acquire Licensing RightsNEW DELHI, Sept 9 (Reuters) - The African Union was made a permanent member of the G20, comprising the world's richest and most powerful countries, Indian Prime Minister Narendra Modi said at the bloc's summit in New Delhi on Saturday. The African Union, a continental body of 55 member states, now has the same status as the European Union - the only regional bloc with a full membership. "Honoured to welcome the African Union as a permanent member of the G20 Family. Reuters earlier cited the draft declaration admitting the African Union as a permanent member.
Persons: Anushree, Narendra Modi, Modi, Azali Assoumani, Chris Thomas, Jacqueline Wong, Kim Coghill Organizations: G20, REUTERS, African, Indian, European Union, Union, Twitter, Reuters, Thomson Locations: New Delhi, India, DELHI, African Union, Ukraine
[1/3] A general view of the venue for the G20 summit in New Delhi, India, September 9, 2023. According to a draft of the summit declaration reviewed by Reuters, negotiators were unable to resolve disagreements over the wording on the war in Ukraine, leaving it to the leaders to reach a compromise if possible. According to another senior source in one of the G20 countries, the paragraph on the war on Ukraine had been agreed by Western countries and sent to Russia for its views. The official said Russia had the option to accept Western countries' views and give its dissent as part of the statement. The two-day summit is expected to be dominated by the West and its allies.
Persons: Amit Dave, Joe Biden, Biden, Sergei Lavrov, Creon Butler, Xi Jinping, Li Qiang, Russia's Vladimir Putin, Olaf Scholz, Emmanuel Macron, Rishi Sunak, Saudi Arabia's Mohammed Bin Salman, Japan's Fumio, Narendra Modi's, Manoj Kumar, Katya Golubkova, Krishn Kaushik, Raju Gopalakrishnan, Sanjeev Miglani, Jacqueline Wong Organizations: REUTERS, Bharat, Reuters, White, Foreign, West, British, Thomson Locations: New Delhi, India, DELHI, India's, Ukraine, Delhi, Russia, Western, EU, Saudi, China, Moscow
Students give final touches to paintings of U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni at an art school in Mumbai ahead of the two-day G20 summit in New Delhi, Sept. 5, 2023. President Joe Biden kicked off his visit to India with a private meeting with Prime Minister Narendra Modi, where the leaders discussed democracy and joint technology and infrastructure projects. Kurt Campbell, a Biden advisor on the Indo-Pacific, said the two leaders have formed a growing bond "over a series of meetings and shared projects and ambitions over the last several years." Biden is in New Delhi for the Group of 20 summit and does not have any other formal bilateral meetings scheduled aside from his visit with Modi but will mingle with world leaders at the summit. The president in June hosted Modi at a lavish state dinner at the White House.
Persons: Joe Biden, Narendra Modi, Giorgia Meloni, Kurt Campbell, Biden, Modi Organizations: Indian, Italian, Group, White Locations: Mumbai, New Delhi, India
watch nowIndia's relationship with the United States is the strongest it's been in years. Despite warming ties — with both leaders sharing a hug during Modi's state visit to Washington in May — a "traditional alliance" between the two nations remains off the table, according to the Council on Foreign Relations. "Obviously, this is an area where American foreign policy leaders would like to see something different given American concerns about Russia's war in Ukraine," Ayres highlighted. In May, Biden and Modi announced a slew of technology and defense deals, ranging from collaborating on diversifying supply chains to working together across space and artificial intelligence. "Technology generally has really been in the lead in improving this relationship," said Evan Feigenbaum, vice president for studies at the Carnegie Endowment for International Peace.
Persons: Joe Biden, Narendra Modi, Alyssa Ayres, Ayres, CNBC's, … That's, Biden, Modi, Evan Feigenbaum Organizations: Indian, Group, Foreign Relations, Council, India's, White, Bloomberg, Getty, Carnegie Endowment, International Locations: United States, New Delhi, Washington, India, Pakistan, South Asia, Russia, Ukraine, Delhi, Moscow, U.S
NEW DELHI (Reuters) - India's democratic institutions and minority groups are under a "full-scale assault", opposition leader Rahul Gandhi said on Friday, attacking Prime Minister Narendra Modi's government on the eve of a high-profile G20 summit in New Delhi. "There's a full-scale assault on democratic institutions...of course minorities are under attack, but so are other communities...tribals, lower caste communities," he said. Gandhi said he would meet European lawmakers in Brussels during his visit and talk to them about their views on India. He indicated, however, that India's opposition parties would agree with the largely-neutral position taken by New Delhi on Russia's invasion of Ukraine - avoiding blaming Moscow for the war and seeking a solution through dialogue and diplomacy. "We have a relationship with Russia, I don't think the opposition would have a different view than what the government is currently proposing," Gandhi said.
Persons: Rahul Gandhi, Narendra Modi's, Modi, Gandhi, Shivam Patel, YP Rajesh, Alex Richardson Organizations: Bharatiya Janata Party, BJP, Brussels Press, Gandhi's, YP Locations: DELHI, New Delhi, Civil, India, China, Brussels, Ukraine, Moscow, Russia
Indian artist Jagjot Singh Rubal gives final touches to an oil painting of U.S. President Joe Biden, at his workshop in Amritsar on September 5, 2023, ahead of the two-day G20 summit in New Delhi. The pair's absence has sparked fears that a communique binding member states may not be issued at the end of a G20 leaders' summit — undercutting India's clout and diminishing his domestic messaging. At a pre-summit press conference Friday, India's G20 sherpa Amitabh Kant said the final declaration "is almost ready." In their joint statement after their Friday bilateral meeting, Biden and Modi "reaffirmed their commitment to the G20." Despite recently traveling to South Africa for a BRICS meeting, Xi has rarely traveled abroad.
Persons: Jagjot Singh Rubal, Joe Biden, Narinder Nanu, Narendra Modi, Biden, Bangladesh —, Modi, Vladimir Putin, Xi Jinping, Putin, Sergey Lavrov, China Premier Li Qiang, Xi, India's, Amitabh Kant, Kant, snubbing Modi, Taiwan — Organizations: Afp, Getty, Indian, U.S, International Monetary Fund, African Union, Global, China Premier Locations: Amritsar, New Delhi, Narinder, Delhi, Washington, Australia, India, Japan, U.S, Mauritius, Bangladesh, China, , Russian, Russia, Ukraine, Germany, France, South Africa, Beijing —, Zambia, Venezuela, Malaysia, Philippines, Vietnam, Taiwan, Beijing
Indian Prime Minister Narendra Modi, this year’s host, has pledged not to let Ukraine overshadow the needs of the mostly developing nations in the so-called “ Global South,” but many of those issues are closely affected by the war. Russia's attack on Ukraine and China's growing assertiveness in the Asia-Pacific region have added friction, pitting some of the most powerful G20 countries directly against each other diplomatically, Lesser said. About half of the G20 countries are found in the Global South — depending on how one defines it — and Modi hopes to add the African Union as a bloc member. In preparation, he held a virtual “Voice of the Global South” summit in January and in working groups has targeted issues critical to developing nations, including alternative fuels like hydrogen, resource efficiency, developing a common framework for digital public infrastructure and food security. “While a yearlong presidency cannot solve all the problems of the Global South, India has managed to set the ball rolling on some of these issues, and individual G20 countries can carry forward the work,” she said.
Persons: — It’s, Narendra Modi, , Nazia Hussain, Volodymyr Zelenskyy, Modi, Joe Biden's, Justin Trudeau, Zelenskyy, “ I’m, Ian Lesser, Lesser, Vladimir Putin, Xi Jinping, Li Qiang, Xi, , ” Hussain, Jake Sullivan, Sullivan, Biden, Putin, Hussain Organizations: DELHI, Group, Indian, Global, Singapore's, Rajaratnam, of International Studies, European Union, White, German Marshall Fund, United Arab, Foreign Ministry, U.S, Union, . National, World Bank, International Monetary Fund Locations: Ukraine, “ New Delhi, Russia, China, Bali, India, Brussels, U.S, Canada, Britain, Japan, Germany, Asia, Pacific, Brazil, South Africa, Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt, Ethiopia, Beijing, BRICS, Moscow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe G20 summit threatens to be overshadowed by India and Modi, who has made a 'spectacle' of the eventIndia's Prime Minister Narendra Modi will meet U.S. President Joe Biden for a one-on-one bilateral meeting as world leaders gather in New Delhi for the Group of 20 summit. Critics say Modi is using the summit as a leverage to start campaigning early for elections. Reporting from New Delhi, CNBC's Martin Soong highlights that Modi's face is plastered on thousands of posters promoting the G20.
Persons: Modi, Narendra Modi, Joe Biden, CNBC's Martin Soong Organizations: India's, U.S, Group Locations: India, New Delhi
Reliance, whose interest in making semiconductors has not been previously reported, did not respond to repeated requests for comment. India's IT ministry and Prime Minister Narendra Modi's office also did not respond to requests for comment. The country does not as yet have any chip manufacturing plants, although India's Vedanta (VDAN.NS) and Taiwan's Foxconn (2317.TW) are both looking at building facilities. India's government has forecast the domestic chip market will be worth $80 billion by 2028 compared with $23 billion currently. But chip manufacturing is an industry that has historically been beset with boom and bust cycles and requires much expertise.
Persons: Amit Dave, Mukesh, Narendra Modi's, Modi, Vedanta, Taiwan's Foxconn, Arun Mampazhy, , Foxconn, Munsif Vengattil, Aditya Kalra, Edwina Gibbs Organizations: Reliance Industries, Gujarat Global Trade, REUTERS, Reliance, Google, U.S, Vedanta, Ventures, Semiconductor, Intel, Orbit Ventures, Thomson Locations: Gujarat, Gandhinagar, India, DELHI, Abu Dhabi
At a time when shifting geopolitical alliances are elevating India's strategic importance, such curbs add to the contradictions global investors have to negotiate as they hunt for viable alternatives to a slowing China. They said the move will add to end-product costs for foreign vendors and shift consumer spending toward Indian firms or established foreign vendors with a manufacturing base in India. To attract foreign investors, Modi's government doubled to 170 billion rupees ($2.04 billion) its initial budget in May for a production-linked incentive scheme for IT hardware that was approved in 2021. watch now"India's large and growing domestic market, limited political instability and long-term policy continuity bolsters India's appeal to investors," Dasgupta said. Attracted by such lofty projections, global investors have also poured into Indian equity markets this year.
Persons: Javier Ghersi, Narendra Modi's, There's, Pravin Krishna Johns, it's, Pravin Krishna, Krishna, Rajeev Chandrasekhar, Taiwan's Foxconn, iPhones, Sumedha Dasgupta, Dasgupta, Modi, Goldman Sachs, Organizations: Apple, Samsung, Dell, Pravin Krishna Johns Hopkins University's School, Johns Hopkins University's School, International, BMI Industry Research, South, BMI, Sumedha Dasgupta Economist Intelligence, Economist Intelligence Unit, CNBC, Bharatiya Janata Party, U.S, The, Monetary Fund, Capital Locations: India, China, Russia, Ukraine, Vietnam
[1/3] A model of G20 is pictured outside ITC Maurya hotel ahead of the G20 Summit in New Delhi, India, September 8, 2023. Chinese President Xi Jinping is skipping the meeting and sending Premier Li Qiang instead, while Russia's Vladimir Putin will also be absent. The most important thing that can be done to support global economic growth is for Russia to end its brutal war in Ukraine, she said. The IMF has forecast lower growth for most G20 nations this year than in 2022. It is difficult to predict whether leaders will reach a consensus on a declaration but EU will support efforts made by India for a final communique, Michel told reporters in New Delhi.
Persons: Amit Dave, Xi Jinping, Li Qiang, Russia's Vladimir Putin, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's Fumio, Rishi Sunak, Narendra Modi, Janet Yellen, saidWashington, Yellen, Charles Michel, Michel, Nikunj Ohri, Manoj Kumar, Krishn Kaushik, Aftab Ahmed, YP Rajesh, Kim Coghill Organizations: REUTERS, West, U.S, Financial Times, Treasury, IMF, Reuters, YP, Thomson Locations: New Delhi, India, DELHI, Ukraine, Saudi, Russia, U.S, Moscow
[1/3] Police stand on a road outside 'Bharat Mandapam', the main venue of the G20 Summit, in New Delhi, India, September 3, 2023. By convention, invitations issued by Indian constitutional bodies have always mentioned the name India when the text is in English, and the name Bharat when the text is in Hindi. However, the invites -- in English -- for the G20 dinner called Murmu the President of Bharat. In English, the South Asian giant is called India, while in Indian languages it is also called Bharat, Bharata and Hindustan. While some supporters of the name Bharat say "India" was given by British colonisers, historians say the name predates colonial rule by centuries.
Persons: Bharat Mandapam, Altaf Hussain, Droupadi Murmu, Bharat, Narendra Modi’s, “ Bharat, Alexander the, Krishn Kaushik, William Maclean Organizations: REUTERS, Indian, Reuters, Bharatiya Janata Party, BJP, of States, Rashtriya Swayamsevak Sangh, Bharat, Thomson Locations: New Delhi, India, DELHI, Bharata, British, Greece
NEW DELHI/BEIJING, Sept 5 (Reuters) - Chinese President Xi Jinping's decision to skip the G20 summit is being seen in host India as a snub to New Delhi and a new setback to the already frozen relations between the nuclear-armed Asian giants. Asked if Xi's decision reflects China-India tensions, Chinese foreign ministry spokesperson Mao Ning said that Beijing had supported India's hosting of the summit. China did not refer to any agreement and said Xi stressed improving ties helps both countries and global peace and stability. Shyam Saran, formerly India's top diplomat, said Xi's decision to skip the summit was "unusual". Happymon Jacob, who teaches international relations at New Delhi's Jawaharlal Nehru University, said Xi skipping the G20 summit "doesn't bode well" for India-China relations.
Persons: Xi Jinping's, Xi, Li Qiang, Mao Ning, Mao, Narendra Modi's, Baijayant Jay Panda, , China nosedived, Modi, Shi Yinhong, Shi, Shyam Saran, Saran, Happymon Jacob, bode, Jacob, Liz Lee Organizations: NEW, Bharatiya Janata Party, BJP, riling, China's Renmin University, Reuters, New, Jawaharlal Nehru University, Thomson Locations: NEW DELHI, BEIJING, India, New Delhi, China, Beijing, Johannesburg, Delhi, United States, riling Beijing, Japan, Australia, South China
US President Joe Biden, right, and Narendra Modi, India's prime minister, at an arrival ceremony during a state visit on the South Lawn of the White House in Washington, DC, US, on Thursday, June 22, 2023. One of the risks is that by elevating India's presidency of the G20 so much, there are now expectations for India to deliver some concrete breakthroughs. Russia-Ukraine impasseIndeed, the specter of Russia's Ukraine invasion has loomed large over G20 meetings for the various tracks that India has convened. He even labeled it the "biggest achievement" of India's G20 presidency so far — despite Russia and China abstaining. This development serves to buttress India's burgeoning economic clout, the basis of its greater confidence and assertiveness geopolitically.
Persons: Joe Biden, Narendra Modi, India's, haven't, Manjari Chatterjee, Modi, Manjari Chatterjee Miller, Vladimir Putin, Xi Jinping, Putin, Pramit Pal Chaudhuri, Chaudhuri, Sergei Lavrov —, Putin —, CFR's Miller, Eurasia Group's Chaudhuri, Subrahmanyam Jaishankar, Sumedha Dasgupta, Biden, Taiwan —, assertiveness, It's, Pravin Krishna Johns Organizations: White, Bloomberg, Getty, Indian, Shanghai Cooperation Organization, Manjari Chatterjee Miller, Foreign, Council, Foreign Relations, CNBC, Global, African Union, UN, Group Russia's, West, Bharatiya Janata Party, BJP, India's, Economist Intelligence Unit, Moscow, . Warming, Apple, Pravin Krishna Johns Hopkins University's School, International Locations: Washington , DC, New Delhi, India, Ukraine, Pakistan, South Asia, Washington ,, Russia, China, Varanasi, Bali, Eurasia, Asia, U.S, . Warming India, Malaysia, Philippines, Vietnam, Taiwan, Beijing
Murmu is hosting a reception for G20 leaders during the group's summit on Saturday and invitations were sent from her office. India is also called Bharat, Bharata, Hindustan - its pre-colonial names - in Indian languages and these are used interchangeably by the public and officially. High offices in the country have typically stuck to titles such as President of India, Prime Minister of India and Chief Justice of India while communicating in English. Supporters of the name change in the invitation said British colonial rulers had coined the name India to overshadow Bharat and forge a British legacy. Hindu groups linked to BJP said the G20 summit provided the best opportunity to shed India's colonial baggage.
Persons: Adnan Abidi, Droupadi, Bharat, Narendra Modi's, Rajeev Chandrasekhar, Mamata Banerjee, Shashi Tharoor, Rupam Jain, YP Rajesh, Alexandra Hudson Organizations: REUTERS, Bharatiya Janata Party, BJP, Bharat, INDIA, Developmental, Alliance, Reuters, YP, Alexandra Hudson Our, Thomson Locations: New Delhi, India, DELHI, Bharata, Hindustan, British, INDIA
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China's Shanghai Composite lost 0.72% as the country's service sector logged its slowest expansion in eight months, according to a Caixin survey. Overinvestment in ChinaChina is "overinvested," said Jitania Kandhari, a managing director and deputy chief investment officer at Morgan Stanley. By contrast, India is underinvested, Kandhari said, giving its economy and markets investment opportunities.
Persons: Narendra Modi, China —, Jitania Kandhari, Morgan Stanley, Kandhari, Weizhen Tan Organizations: CNBC, Labor, Shanghai, Indian, BMW, Ford, Mercedes Locations: Miami Beach , Florida, U.S, Asia, Pacific, India, Russia, China, China China, Munich, Germany
ESA & NASA/Solar Orbiter/EUI team/Handout via REUTERS File Photo Acquire Licensing RightsBENGALURU, Sept 2 (Reuters) - Following quickly on the success of India's moon landing, the country's space agency launched a rocket on Saturday to study the sun in its first solar mission. The rocket left a trail of smoke and fire as scientists clapped, a live broadcast on the Indian Space Research Organisation's (ISRO) website showed. While Russia had a more powerful rocket, India's Chandrayaan-3 out-endured the Luna-25 to execute a textbook landing. Prime Minister Modi is pushing for India's space missions to play a larger role on a world stage dominated by the United States and China. Satellites in low earth orbit are the main focus of global private players, which makes the Aditya-L1 mission a very important project," he said.
Persons: clapped, Luna, Modi, Sankar Subramanian, Somak Raychaudhury, Rama Rao Nidamanuri, Nivedita, Jayshree, William Mallard Organizations: Solar Orbiter, ESA, NASA, Solar, Rights, Indian Space Research, Elon, SpaceX, Indian Institute of Space Science, Technology, ISRO, Thomson Locations: India, Russia, United States, China, Bengaluru
A person looks at a Dell laptop for sale in a store in Manhattan, New York City, U.S., November 24, 2021. Prime Minister Narendra Modi's government is pushing to boost domestic manufacturing capacity under its "Make in India" initiative, with several global companies either setting up their own units or entering joint ventures with Indian firms. The applications by the electronics companies were made under the country's $2 billion production-linked incentive (PLI) programme for information technology hardware, announced in May, Information Technology Minister Ashwini Vaishnaw said. Earlier this month, India said it would impose a licensing requirement for imports of laptops, tablets and personal computers, which was widely seen as a move to boost local production. ($1 = 82.5855 Indian rupees)Reporting by Blassy Boben; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Andrew Kelly, Narendra Modi's, Ashwini Vaishnaw, Blassy, Jonathan Oatis Organizations: REUTERS, DELHI, Information Technology, Hewlett Packard Enterprise Co, Dell Technologies, Asus, Lenovo, HK, Reuters, Thomson Locations: Manhattan , New York City, U.S, India
India's Prime Minister Narendra Modi speaks during a joint press conference with Greek Prime Minister Kyriakos Mitsotakis at the Maximos Mansion in Athens, Greece, August 25, 2023. Russia, China, Saudi Arabia and Turkey, all members of the G20, were not among the 24 nations where people were polled, which included India. The survey comes less than two weeks before Modi is set to host leaders of the G20 nations in New Delhi for a summit. Just over half the respondents from the U.S. viewed India favourably at 51%, with 44% holding the opposite view, the survey said. While India’s image is more positive than negative, the survey found that this popularity is waning in most European countries.
Persons: Narendra Modi, Kyriakos Mitsotakis, Stelios Misinas, Modi, Joe Biden, Vladimir Putin, Krishn Kaushik, Raju Gopalakrishnan Organizations: India's, Greek, REUTERS, DELHI, Pew Research Centre, U.S ., Thomson Locations: Athens, Greece, India, Russia, China, Saudi Arabia, Turkey, New Delhi, U.S, France, Spain, Germany, Poland
Katherine Tai, U.S. Trade Representative on the first day of the three-day B20 Summit in New Delhi, India. U.S. Trade Representative Katherine Tai said the U.S.-India relationship is reaching new heights as the two align "across all the policy areas." "It's certainly true that today, this relationship is experiencing new heights." The U.S. and India are closer now than ever before, but that relationship could be further strengthened. "Many of [these tariffs] have been pending for years and we've agreed to bury the hatchet on those," Tai said.
Persons: Katherine Tai, Tai, CNBC's Martin Soong, Narendra Modi's, Joe Biden, we've Organizations: Katherine Tai , U.S . Trade, U.S . Trade, U.S ., Washington, B20, Indian, U.S Locations: Katherine Tai , U.S, New Delhi, India, U.S
The Dharavi slum, about three-quarters the size of New York's Central Park, featured in Danny Boyle's Oscar-winning 2008 movie "Slumdog Millionaire". Only those who already lived in Dharavi before 2000, mostly ground-floor residents, will get free homes within the redevelopment. In interviews with Reuters, some Dharavi residents cited the billionaire's financial troubles as contributing to their concerns. Last month, a Mumbai court allowed SecLink to add Adani to its lawsuit, forcing the conglomerate to defend its position before judges. In early August, about 300 opposition supporters and residents gathered in Dharavi to object to Adani's involvement.
Persons: Adani, Gautam Adani's, Narendra Modi's, Danny Boyle's Oscar, SecLink, Eknath Shinde, Modi, Maharashtra's, Sandeep Shastri, Rajendra Korde, Radha Pawar, Srinivas, Mohammad Hasmat Ullah, Ullah, Dhwani Pandya, Aditya Kalra, Arpan Chaturvedi, Francis Mascarenhas, David Crawshaw Organizations: Adani, Consultancy, Reuters, SecLink Technologies Corporation, The, Modi's Bharatiya Janata Party, BJP, Modi's BJP, India's, Trust, Reuters ., Dharavi, Committee, Authority, Dhwani, Thomson Locations: Dubai, MUMBAI, rehouse, Dharavi, Maharashtra, The Dubai, Mumbai, Gujarat, snowballing
NEW DELHI, Aug 27 (Reuters) - Indian Prime Minister Narendra Modi said there is a risk of a "new model of colonialism" if nations with critical minerals do not regard custodianship as a "global responsibility", as firms race to secure resources central to energy transition goals. "The ones who have them, if they don't see that as a global responsibility, then this will promote a new model of colonialism. The comments come as adequate supplies of minerals critical for the transition to environmentally friendlier energy is far from assured amid challenges such as resources' uneven geographical diversification. China accounted for 70% of world mine production of rare earths in 2022 and is home to at least 85% of global processing capacity. Amid broader efforts to diversify supply chains, the U.S. and India in June announced deals in sectors as varied as chips, minerals, technology, space and defence during Modi's visit to Washington.
Persons: Narendra Modi, Modi, Shivangi Acharya, Christopher Cushing Organizations: Indian, Thomson Locations: DELHI, New Delhi, China, India, U.S, Washington
[1/2] People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. Although India's government allocated the equivalent of $1.66 billion for the department of space for the fiscal year ending in March, it spent around 25% less. By contrast, NASA has a $25 billion budget for the current year. Put another way, the annual increase in NASA's budget - $1.3 billion - was more than what ISRO spent in total. It used Indian suppliers for vehicle assembly, transportation and electronics to keep costs low.
Persons: Amit Dave, Chandrayaan's, Russia's Luna, Somak Raychaudhury, Amit Sharma, Somanath, Narendra Modi's, Ankit Patel, Patel, Nivedita, Aditi Shah, Aftab Ahmed, Kevin Krolicki, Raju Gopalakrishnan Organizations: REUTERS, Rights, Indian Space Research, NASA, ISRO, Somanath, Ashoka University, Tata Consulting Engineers, Reuters, Thomson Locations: Gujarat Science City, Ahmedabad, India, Chandrayaan, Russia, Bengaluru, New
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