Connect with us

Global

Iran, Iraq call for boost of comprehensive cooperation

Published

on

Tehran, Sep 13: Iranian President and the visiting Iraqi Prime Minister on Sunday called for further boost of bilateral cooperation in a series of areas.

“The relations between the Islamic Republic and our friendly and brotherly country Iraq are at a very good level in the political, economic and cultural fields, and we think that these relations can be further expanded,” Xinhua news agency quoted Ebrahim Raisi as saying during a joint press conference with the Iraqi Prime Minister Mustafa al-Kadhimi in Tehran.

“We believe that these relations can be developed in different areas, as our ties with Iraq are not just the relationship between two neighboring countries, but also rooted in beliefs, hearts and deep relationship between the two countries, two nations and two governments,” added Raisi.

Strengthening relations between the two countries can boost the roles of Tehran and Baghdad on regional and international stages, he said, adding that “despite the enemies’ will, the level of relations between Iran and Iraq will develop day by day.”

The Iranian president also noted that both countries stressed acceleration of building railway corridor between Iran’s Shalamcheh and Iraq’s Basra.

Furthermore, they discussed strengthening of financial and monetary ties between the two countries.

For his part, al-Kadhimi stated that “we discussed a series of cases related to the development of bilateral relations today, and we are determined to expand the level of our relations as much as possible in line with the interests of the two nations.”

Both sides exchanged views on the increase of trade volume between the two countries, he said.

The Iraqi prime minister expressed his gratitude for Iran’s support in the fight against the
Islamic State (IS) militants in Iraq, stressing that the Iraqi government and people will stand by the Iranian government and people in all areas.

Heading a high-ranking political and economic delegation, al-Kadhimi paid his second visit to Tehran on Sunday since he became the premier of Iraq in May 2020.

Continue Reading

Business

Air India goes to Tata Sons, Ratan Tata tweets, Welcome Back!

Published

on

New Delhi: Finally, Air India has gone to Tata Group which emerged the highest bidder. This was a much-awaited deal for the Government of India which wanted to sell this national career from a very long time. Welcome back, Air India, tweets Ratan Tata on Tata Sons winning the bid for Air India.
An SPV of Tata Sons – the holding company of conglomerate – has emerged as successful bidder, Tuhin Kanta Pandey, secretary to the Department of Investment and Public Asset Management (DIPAM) — the government department responsible for privatisation, said.

The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised. The government is selling 100 per cent of its stake in the state-owned national airline, including Air India’s 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.

Continue Reading

Global

Powerful earthquake in Japan injures 32, disrupts train services

Published

on

Tokyo, Oct 8: Authorities in Japan said on Friday that a powerful earthquake which jolted the country the previous day left 32 people injured, while also disrupting train services in the Tokyo area, affecting around 368,000 passengers in total.

The earthquake that struck the capital region at 10.41 p.m. on Thursday night reached upper 5 on the Japanese seismic intensity scale of 7 in parts of Tokyo and Saitama prefecture, reports Xinhua news agency.

The last time that people in central Tokyo faced such an intense jolt was during the massive quake of March 11, 2011, which devastated northeastern Japan and triggered a tsunami and nuclear disaster.

According to East Japan Railway Co. (JR East), the strongest earthquake for the Japanese capital in a decade caused services on the Shinkansen bullet train and 16 local train lines cancelled or delayed from late night Thursday to about 3 p.m. (local time) on Friday, resulting in many late-night train passengers stranded and a commuter disruption in the morning.

JR East have resumed train services, but many passengers were forced to wait at stations due to delays.

After a train derailed in Tokyo’s Adachi Ward, one of the areas hit hardest by the temblor, the operation of the Nippori Toneri Liner, a driverless guideway transit system in Tokyo, might remain suspended for several days, according to its operator.

The Japan Transport Safety Board has sent officials to investigate the derailment.

According to a tally by the Fire and Disaster Management Agency, two in Saitama Prefecture and one in Chiba Prefecture sustained severe injuries among the 32.

Around 250 houses in Tokyo’s Shinjuku Ward briefly experienced power outages due to the earthquake, and water stoppages and leaks were reported in central Tokyo.

The earthquake also caused 28 cases of people being trapped in elevators in Tokyo and three neighbouring prefectures, but all cases have been cleared according to the Ministry of Land, Infrastructure, Transport, and Tourism.

Continue Reading

Global

India to showcase its art, culture, tradition and business prospect in Dubai

Published

on

Dubai: India is out to showcase to the world its arts and culture, rich history and tradition and opportunities that exist for individuals and corporates with its biggest pavilion of the 192 participating countries in the Expo 2020 Dubai.

The six-month-long Expo kicked off on October 1 with Dubai expecting a large number of visitors despite the ongoing COVID-19 pandemic. With the number of daily infections now well below 200 for the past week, the city has opened itself to the world. Most of the visitors are allowed to travel with a valid negative RT-PCR test within 72 hours.

However, India is still in the category that requires a valid negative PCR test certificate (with a QR code) for a test conducted within 48 hours, and a rapid PCR test report with a QR code for a test conducted at the departure airport within six hours of departure. The pavilion features a kinetic facade of 600 individual colourful blocks. The panels rotate and the facade presents a different look with each rotation, a unique representation of the country’s theme at the Expo, ‘India on the Move’.

The Indian pavilion was officially inaugurated by Piyush Goyal, Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles who said the Pavilion “shows an India on the move, it describes a new India rejuvenated, reinvented and revitalised, which can convert any adversity into an opportunity”.

As the country comes out a deadly second wave of the pandemic, India is eager to make an impression on the world and the Expo is a great platform. Aman Puri, Consul-General of India in Dubai, said: “India at Expo 2020 Dubai will present a new and dynamic India with its never-ending opportunities.” Prime Minister Narendra Modi has given us a clarion call for action to all stakeholders to give a renewed push to boosting exports and Expo 2020 will provide an important platform in driving forward this national agenda.”

While art and culture has always been a staple of India’s exhibitions in foreign countries, there is a big push for innovation and industries in Dubai. The India Innovation Hub, a specially designed mobile platform, was recently launched. It showcases innovations by Indian startups and corporates across various cutting edge fields like artificial intelligence, machine learning, mobility, robotics and space. As many as 15 states and eight Union Territories are taking part in the Expo, most of them displaying food, art & culture and business opportunities. Also, present and various ministries, like textile, space and energy, as well as some of the leading business houses like Tata, Reliance, L&T and Adani.

Continue Reading

Trending