India rejects US claim that trade offer ended clashes with Pakistan
India's External affairs ministry spokesperson Randhir Jaiswal said trade or tariffs were not discussed in any conversations between Indian and US leaders during the clashes with Pakistan.
Vivek Mishra works as an Assistant Editor with Eastern Eye and has over 13 years of experience in journalism. His areas of interest include politics, international affairs, current events, and sports. With a background in newsroom operations and editorial planning, he has reported and edited stories on major national and global developments.
INDIA on Thursday said trade did not come up at all in discussions between Indian and American leaders during its military clashes with Pakistan, rejecting Washington’s claim that its offer of trade halted the confrontation.
US commerce secretary Howard Lutnick told a New York court that India and Pakistan reached a “tenuous ceasefire” after president Donald Trump offered both nations trading access with the US to avoid a “full-scale war.”
In the past few weeks, Trump has repeatedly claimed he threatened India and Pakistan that the US would stop trade with them if they did not stop the conflict. India has consistently said that the understanding on cessation of hostilities was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two countries.
“From the time Operation Sindoor commenced on May 7 till the understanding on cessation of firing and military action was reached on May 10, there were conversations between Indian and the US leaders on the evolving military situation,” external affairs ministry spokesperson Randhir Jaiswal said. “The issue of trade or tariff did not come up in any of those discussions,” he said at his weekly media briefing.
Jaiswal was answering questions on the Trump administration’s submission at the New York court. “The external affairs minister has also made it clear that the cessation of firing was decided upon in direct contacts between the DGMOs of India and Pakistan,” Jaiswal said.
Lutnick made the submission in the Court of International Trade last week, while opposing any attempt to restrain Trump from using emergency powers to impose tariffs. Lutnick said the president’s power to impose tariffs is crucial to his ability to conduct diplomacy.
“For example, India and Pakistan – two nuclear powers engaged in combat operations just 13 days ago – reached a tenuous ceasefire on May 10. This ceasefire was only achieved after president Trump interceded and offered both nations trading access with the United States to avert a full-scale war,” Lutnick said.
“An adverse ruling that constrains presidential power in this case could lead India and Pakistan to question the validity of president Trump’s offer, threatening the security of an entire region, and the lives of millions,” he said.
INDIA and Canada on Thursday announced the appointment of new envoys to each other’s capitals, in a step aimed at restoring strained ties following the killing of a Sikh separatist in 2023.
India has named senior diplomat Dinesh K Patnaik as the next high commissioner to Ottawa, while Canada appointed Christopher Cooter as its new envoy to New Delhi.
The move comes more than two months after Indian prime minister Narendra Modi met Canadian prime minister Mark Carney on the sidelines of the G7 summit at Kananaskis in Canada.
Patnaik, a 1990-batch Indian Foreign Service officer, is currently India’s ambassador to Spain.
“He is expected to take up the assignment shortly,” the Ministry of External Affairs (MEA) said in a statement.
In Ottawa, Canadian Foreign Minister Anita Anand announced that Cooter will be the next high commissioner to India, succeeding Cameron MacKay.
“The appointment of a new high commissioner reflects Canada’s step-by-step approach to deepening diplomatic engagement and advancing bilateral cooperation with India,” Anand said. “This appointment is an important development toward restoring services for Canadians while strengthening the bilateral relationship to support Canada’s economy.”
A Canadian statement described the appointments as an important step towards restoring diplomatic services for citizens and businesses in both countries.
Cooter, who has 35 years of diplomatic experience, most recently served as Canada’s charge d’affaires to Israel and has earlier been high commissioner to South Africa, Namibia, Lesotho, Mauritius and Madagascar. He also worked as first secretary at the Canadian High Commission in New Delhi from 1998 to 2000.
In June, Modi and Carney had agreed to take “constructive” steps to bring stability to bilateral ties, including the early return of envoys to both capitals.
Relations between the two countries had deteriorated sharply after then prime minister Justin Trudeau alleged in 2023 that India may have had a role in the killing of Khalistani separatist Hardeep Singh Nijjar.
Following this, India recalled its high commissioner and five other diplomats in October last year, while expelling an equal number of Canadian diplomats after Ottawa linked them to the case.
Carney’s victory in the parliamentary election in April has since helped initiate a reset in relations.
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A drone view of the construction work of the upcoming coastal road in Mumbai, India. (Photo credit: Reuters)
India’s GDP grew 7.8 per cent in April-June, beating forecasts of 6.7 per cent.
US has double tariffs on Indian imports to 50 per cent, raising export concerns.
Consumer spending rose 7.0 per cent year-on-year, driven by rural demand..
INDIA’s economy expanded faster than expected in the April-June quarter, even as higher US tariffs on Indian imports are set to weigh on activity in the coming months.
The United States has doubled tariffs on Indian goods to as high as 50 per cent over New Delhi’s continued purchases of Russian oil. The move puts India among the hardest-hit US trading partners alongside Brazil, with economists warning that exports such as textiles, leather goods and chemicals could be affected.
Government data released on Friday showed gross domestic product (GDP) grew 7.8 per cent in Asia’s third-largest economy in the April-June period, compared to 7.4 per cent in the previous quarter. Growth was stronger than the 6.7 per cent expansion economists had forecast in a Reuters poll.
Gross value added (GVA), considered a clearer measure of underlying economic activity, rose 7.6 per cent in April-June, up from 6.8 per cent in the previous three months. GVA excludes indirect taxes and government subsidies.
At this pace, India remains one of the fastest-growing major economies, though the outlook for exports has weakened after US President Donald Trump’s tariff hike.
“The surprise acceleration in GDP growth in the April-June quarter means that the economy is still on course to expand by a world-beating 7 per cent this year, despite the upcoming hit from punitive US tariffs,” Capital Economics said in a note.
The Reserve Bank of India expects the economy to grow 6.5 per cent in the fiscal year ending March 2026. Earlier this month, it kept its benchmark interest rate unchanged at 5.50 per cent.
Consumer spending rises
Private consumer spending, which accounts for around 57 per cent of GDP, rose 7.0 per cent year-on-year in April-June, up from 6 per cent in the previous quarter. Growth was supported by higher rural spending and demand for durables and farm equipment such as tractors.
Prime Minister Narendra Modi’s government has pledged support for sectors affected by US tariffs and said it would propose tax cuts to boost domestic demand. Income taxes were reduced starting April.
“Private consumption is supported by tax relief, rate cuts, crops sowing, though households may defer discretionary purchases until proposed consumption tax cuts take effect in the festive season,” said Aditi Nayar, chief economist at ICRA ratings agency.
Government spending increased 7.4 per cent in April-June, compared to a 1.8 per cent decline in the previous quarter. Capital expenditure grew 7.8 per cent, though some private firms held back investments amid global uncertainty following Washington’s tariff hikes.
Manufacturing output rose 7.7 per cent year-on-year in the first fiscal quarter, up from 4.8 per cent in the previous quarter. Construction expanded 7.6 per cent, down from 10.8 per cent. The agriculture sector grew 3.7 per cent, compared to 5.4 per cent in the previous three quarters.
US tariffs weigh on outlook
Economists warned that growth could slow once the impact of higher US duties is felt.
Indian government sources said New Delhi hoped Washington would reconsider the extra 25 per cent tariff imposed this week, which raised the duty on a range of imports to 50 per cent. However, there have been no signs of new talks.
The 50 per cent tariff could hurt exports and have a “domino effect on employment, wages and private consumption,” further affecting private investment and growth, said Madhavi Arora, chief economist at Emkay Financial Services.
Exporter groups estimate the tariffs could hit nearly 55 per cent of India’s $87 billion in merchandise exports to the US, while benefiting competitors such as Vietnam, Bangladesh and China.
Some economists warn prolonged tariffs could reduce India’s growth by 0.6 to 0.8 percentage point over a year, as weaker exports limit its role as an alternative manufacturing hub to China.
While real GDP growth remains firm, nominal GDP growth—which includes inflation—slowed to 8.8 per cent in April-June after averaging almost 11 per cent in the previous eight quarters. Analysts say this may weigh on corporate profits and stock indexes.
India’s rupee fell to a record low of 88.30 to the dollar on Friday as US tariffs took effect, while benchmark equity indices were set for a second straight monthly decline.
(With inputs from agencies)
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India's RSS chief Mohan Bhagwat speaks during a question-and-answer session as part of the RSS' three-day lecture series on '100 years of Sangh journey', in New Delhi. (ANI Photo/Ishant Chauhan)
THE head of India's powerful Hindu group, Rashtriya Swayamsevak Sangh (RSS), said that Indian families must have three children each, warning about the long-term risks from the current trend of declining birth rates.
At 1.46 billion, India is the world's most populous nation but the total fertility rate has dropped to less than two children per woman, according to the UN Population Fund's 2025 report, as economic growth gathers momentum.
Mohan Bhagwat, chief of the RSS that is the ideological parent of prime minister Narendra Modi's Bharatiya Janata Party, said the population must remain "controlled, yet sufficient".
Speaking at a lecture to mark the 100 years of the founding of the RSS on Thursday (29), Bhagwat suggested that “in the national interest, every family should have three children and limit themselves to that".
His call for larger families reflects anxiety among nationalist leaders and some regional politicians about long-term demographic stability, national capacity, and cultural identity.
For years hardline Hindu groups have pointed to higher birth rates among minority groups such as Muslims as a cause of concern although data shows Indian Muslims are also having fewer children than in the past.
Bhagwat too said birth rates were declining across religious groups.
While the RSS officially describes itself as a cultural organisation promoting Hindu values, it wields enormous influence through its vast network of affiliates and millions of grassroots volunteers.
Many of Modi’s senior ministers, including the prime minister himself, are long-time members of the RSS.
Analysts say BJP’s policy priorities — from cultural and education reform to citizenship laws — frequently echo positions championed by the RSS, making the organisation one of the most powerful civil society groups in the world.
Bhagwat rejected criticism that the RSS was opposed to Muslims - who make up about 14 per cent of India's population - and other minorities saying the organisation viewed all of them as Indians.
"Our ancestors and culture are the same. Worship practices may differ, but our identity is one. Changing religion does not change one’s community," he said.
"Mutual trust must be built on all sides. Muslims must overcome the fear that joining hands with others will erase their Islam."
(Reuters)
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Anti-government protesters display Bangladesh’s national flag at Sheikh Hasina’s palace in Dhaka last year. (Photo: Getty Images)
BANGLADESH’s Election Commission (EC) on Thursday released a roadmap for the general election, expected to be held in February next year.
The poll schedule will be announced at least 60 days before the voting date, officials said.
“The Chief Adviser’s Office has asked us to hold the election before Ramadan. If I am not mistaken, Ramadan will begin on February 17 or 18. From this, you can calculate the probable election date,” EC Senior Secretary Akhtar Ahmed told reporters at a press briefing.
He said the commission was targeting the first half of February for the election. The roadmap, prepared in line with the directives of interim government chief adviser Muhammad Yunus, received EC approval on Wednesday.
According to Ahmed, discussions with political parties and other stakeholders will be held by the end of September and could take “one to one and a half months” to complete.
The EC identified 24 key tasks in the roadmap, including amendments to laws such as the Representation of the People Order (RPO), the Delimitation of Constituencies Act, the Voter List Act, the Election Officers (Special Provisions) Act 1991, and the Election Commission Secretariat Act 2009. Other tasks include finalising the voter list in phases, setting policies for domestic and foreign observers and journalists, and registering new political parties.
The commission expects to announce the election schedule in the second or third week of December.
In a televised address on August 5, Yunus had said the 13th parliamentary election would be held in February before Ramadan.
The roadmap announcement came as the National Citizen Party (NCP), formed this year with apparent support from Yunus, raised objections to the planned polls.
Shortly after the EC’s briefing, the NCP said the roadmap reflected a “breach of promise” by the interim government.
“Announcing the roadmap before declaring the implementation of the ‘July Charter’ is tantamount to breaking promises,” former Students against Discrimination (SAD) leader and NCP Joint Convener Ariful Islam Adeeb told a press conference. Flanked by other leaders, Adeeb warned that this could create “future crises for which the government must bear responsibility.”
The NCP, which emerged in February as an offshoot of SAD after leading the movement that forced Sheikh Hasina’s Awami League out of power on August 5 last year, has been demanding a new constitution through a Constituent Assembly, replacing the 1972 Constitution.
Jamaat-e-Islami has separately demanded that the polls be held under a proportional representation system to secure a larger stake in parliament. Both Jamaat and NCP have also called for the trial of Hasina and leaders of her regime for their alleged role in last year’s crackdown on the uprising.
Hasina is being tried in absentia at the International Crimes Tribunal on several charges.
Former prime minister Khaleda Zia’s Bangladesh Nationalist Party (BNP) has emerged as the largest party in the absence of Awami League, whose activities were disbanded by Yunus’s interim government.
Despite assurances by Yunus and his advisers of free and fair polls within the announced deadline, uncertainty has grown among political parties due to the stance of the NCP.
(With inputs from agencies)
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Modi is on a two-day visit to Japan from August 29 to 30. (Photo: X/@narendramodi)
Modi says India and Japan will work together to “shape the Asian Century”
Japan to announce $68 billion investment in India over 10 years
Modi to attend SCO summit in China, meet Xi Jinping and Vladimir Putin
India and Japan to deepen cooperation in trade, technology and security
PRIME MINISTER Narendra Modi on Thursday said India and Japan will work together to “shape the Asian Century,” as he began a two-nation visit that will also take him to China for the Shanghai Cooperation Organisation (SCO) summit.
Speaking at a business forum in Tokyo, Modi said, “India and Japan's partnership is strategic and smart. Powered by economic logic, we have turned shared interests into shared prosperity.”
“India is the springboard for Japanese businesses to the Global South. We will shape the Asian Century for stability, growth, and prosperity,” he added.
Modi is on a two-day visit to Japan from August 29 to 30. Reports said Japan will unveil 10 trillion yen ($68 billion) in investments in India over the next 10 years. Bilateral trade is currently worth more than $20 billion annually, with the balance in Japan’s favour.
Japanese prime minister Shigeru Ishiba said, “Japan and India are strategic partners who share common values such as freedom, democracy, rule of law, having cherished friendship and trust over many years.”
“Our economic relationship is expanding rapidly as Japan's technology and India's talented human resources and its huge market are complementing each other,” Ishiba told the forum.
Trade and investments
Modi and Ishiba were expected to announce that the number of Indians with specialised skills working or studying in Japan will double to 50,000 over the next five years. Investments will target areas such as artificial intelligence, semiconductors and access to critical minerals.
On Saturday, the two leaders are scheduled to tour a semiconductor facility and a shinkansen bullet train factory. Japan is expected to assist India in its planned 7,000-kilometre high-speed rail network by 2047. A joint project to build the first high-speed rail link between Mumbai and Ahmedabad has faced delays and cost overruns.
Both India and Japan have also been hit by tariffs imposed by the United States. A 50 per cent levy on many Indian imports into the US took effect this week. Japan’s auto sector continues to face 25 per cent tariffs as a July trade deal reducing them is yet to come into force.
India and Japan, along with the United States and Australia, are members of the Quad alliance. The two sides are expected to upgrade their 2008 declaration on security cooperation during the visit.
Next stop: China
After Japan, Modi will travel to Tianjin in China on August 31 and September 1 to attend the SCO summit hosted by President Xi Jinping and attended by Russian president Vladimir Putin.
“From Japan, I will travel to China to attend the Shanghai Cooperation Organisation Summit in Tianjin, at the invitation of President Xi Jinping,” Modi said in his departure statement.
“India is an active and constructive member of SCO. During our presidency, we have introduced new ideas and initiated collaboration in the fields of innovation, health and cultural exchanges,” he said.
“I also look forward to meeting President Xi Jinping, President Putin and other leaders on the sidelines of the summit,” he added.
Focus on regional peace
The prime minister said he was confident that his visits to Japan and China would advance India’s national priorities.
“I am confident that my visits to Japan and China would further our national interests and priorities, and contribute to building fruitful cooperation in advancing regional and global peace, security, and sustainable development,” Modi said.
This will be Modi’s first visit to China since 2018. India and China, the two most populous nations, remain rivals competing for influence in South Asia and fought a deadly border clash in 2020. A thaw began in October last year when Modi and Xi met in Russia for the first time in five years.