"Bullet train project will not only shorten the distance between places but among people too - "Aapnu amdavad & Amchi Mumbai," said Modi.
The Prime Minister also said that the bullet train is a big gift from Japan to India. "Japan is such a friend that it gave a loan of Rs 88,000 crore at 0.1% interest," Modi said.
Japanese Prime Minister Shinzo Abe and Prime Minister Narendra Modi on Thursday laid the foundation stone for India's first bullet train project between Ahmedabad and Mumbai which is expected to be completed by 2022.
Stating that the motto of the project is more productivity with high-speed connectivity, Prime Minister Narendra Modi said, "I congratulate the people of India as we have taken a bold step to realise an old dream of a bullet train."
The bullet train project will bring employment and speed, said Modi. "Next generation growth will be around high-speed corridors. The transport system is of prime importance for a nation's development and high-speed train project will open doors for economic growth," he added
Taking a swipe at Opposition parties, Modi said, "Earlier they used to say it was big talk, and they are asking what is the need for it."
Meanwhile, addressing the crowd gathered at the Athletics Stadium in Sabarmati, Japanese Prime Minister Shinzo Abe called Modi as a visionary leader and said that Indo-Japan partnership is special, strategic and global.
"Dear friend PM Modi is a far sighted leader. He made a decision of making New India and chose Japan as a partner, we completely support it. Japan is committed for 'Make In India'," he added.
"If we merge Japan's Ja and India's I then it became 'Jai'. If we work together nothing is impossible," Abe said.
The Prime Minister also said that he hopes to enjoy the beautiful scenery of India through the windows of bullet train when he comes back here in few years.
Sitting at the centre of a long table, Trump was flanked by First Lady Melania Trump and Microsoft co-founder Bill Gates on one side, and Meta CEO Mark Zuckerberg on the other. (Photo: Getty Images)
US PRESIDENT Donald Trump praised Microsoft CEO Satya Nadella and Google CEO Sundar Pichai during a White House dinner with top technology executives on Thursday. The two Indian-American leaders thanked him for his leadership and for policies in the technology and AI sectors.
Trump described the gathering as a “high IQ group,” calling the executives “the most brilliant people.” Sitting at the centre of a long table, Trump was flanked by First Lady Melania Trump and Microsoft co-founder Bill Gates on one side, and Meta CEO Mark Zuckerberg on the other. Pichai and Apple CEO Tim Cook sat across from him, while Nadella was seated toward one end of the table.
“It’s an honour to be here with this group of people. They’re leading a revolution in business and in genius and in every other work you can imagine,” Trump said.
After his remarks, Trump invited the technology leaders to share their thoughts.
Pichai said the “AI moment is one of the most transformative moments any of us have ever seen or will see in our lifetimes. So making sure the US is at the forefront.” He called the White House’s “AI Action Plan,” announced in July, a “great start.”
“We look forward to working together. And thanks for your leadership,” Pichai told Trump. “Great job you’re doing. Incredible, really,” Trump replied.
Turning to Nadella, Trump said the Microsoft chief “has done a pretty good job” and pointed to Microsoft stock rising from USD 28 to over USD 500. “What a job you’ve done,” Trump said.
Nadella thanked Trump “for bringing us all together” and for policies that support US leadership in technology. He added that market access and global trust in American technology were key.
“I think that everything that you are doing in terms of setting in place the platform where the rest of the world can not only use our technology, but trust our technology more than any other alternative, is perhaps the most important issue, and you and your policies are really helping a lot,” Nadella said.
Nadella also thanked the First Lady for hosting a discussion on AI and economic opportunity. Trump responded: “A really amazing job you’ve done.”
Earlier in the day, Melania Trump hosted a meeting of the White House Task Force on Artificial Intelligence Education, joined by Pichai, IBM CEO Arvind Krishna and other industry leaders.
Speaking after Nadella, Gates said he is now in the second phase of his career, “giving away all the wonderful money that Satya’s good work has helped multiply a lot,” drawing laughter from Trump.
During the dinner, Trump asked Pichai about Google’s investment plans. Pichai said the company would invest USD 250 billion in the US over the next two years. “It’s great. We are proud of you. A lot of jobs,” Trump responded.
Trump also asked Nadella about Microsoft’s investment. Nadella said the company invests about USD 75–80 billion each year in the US. “Very good, thank you very much,” Trump said.
Responding to media questions at the event, Trump repeated his claim that he had “settled” seven wars, without naming them. He added that three of those wars had lasted 31, 34 and 37 years. Trump also said he would soon speak with Russian President Vladimir Putin, adding, “We are having a very good dialogue.”
Other attendees included Google co-founder Sergey Brin, OpenAI CEO Sam Altman and Oracle CEO Safra Catz.
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The visit coincides with the 13th round of India-EU negotiations on a proposed free trade agreement, which both sides aim to finalise by December. (Representational image: iStock)
THE EUROPEAN Union's Political and Security Committee (PSC), made up of envoys from the 27 member states, will begin a five-day visit to India on Wednesday. The visit will focus on strengthening overall ties, including efforts to conclude a free trade agreement that has been under negotiation for years.
The committee, headed by Ambassador Delphine Pronk, is visiting India for the first time. It will hold strategic discussions with senior Indian government officials, defence industry representatives, civil society organisations and leading think tanks.
The PSC consists of EU member states' ambassadors based in Brussels and is chaired by the European External Action Service. It plays a key role in shaping the EU's common foreign and security policy (CFSP) and common security and defence policy (CSDP).
The visit coincides with the 13th round of India-EU negotiations on a proposed free trade agreement, which both sides aim to finalise by December. It also comes ahead of the next India-EU summit, expected to be held in India in the first half of next year.
"This extensive engagement aims to provide a comprehensive assessment of policy priorities, while exploring future avenues for enhancing cooperation on key foreign policy matters, security and defence, particularly in the lead up to the upcoming EU-India summit," an EU readout said.
The PSC monitors global developments and advises the Council of the European Union on strategic responses.
"EU-India collaboration is vital in key areas of mutual interest, including counterterrorism, cybersecurity, hybrid threats, maritime security and maritime domain awareness, space security, defence industry cooperation and countering foreign information manipulation and interference," Ambassador Pronk said.
"These critical issues will be high on our agenda and the insights and recommendations gathered from our visit will be presented to the top political leaders of the EU, paving the way for enhanced cooperation," she added.
Herve Delphin, the EU’s Ambassador to New Delhi, said the EU and India were "natural partners" with strongly converging interests and shared values.
"Our leaders are determined to elevate the EU-India Strategic Partnership and harness its immense potential," he said. "This partnership of mutual benefit can contribute to the prosperity and safety of our citizens and contribute to global stability and security."
Ambassador Delphin added that the visit by PSC underlines Team Europe’s intent to strengthen defence and security cooperation with India.
The EU readout said the visit builds on recent milestones, including the EU College of Commissioners’ visit to India in February, the first EU-India Strategic Dialogue in June, and the upcoming EU-India Summit in early 2026.
"The EU is one of India's largest trading partners and investors, with both sides aiming to conclude a free trade agreement by the end of 2025," it said. "The EU and India as large, pluralistic democracies share a strong commitment to upholding the rule of law, human rights, and democratic governance," it added.
(With inputs from agencies)
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Takeaway apps have become a source of employment for undocumented migrants
Uber warns Home Office rules targeting illegal gig economy workers could increase takeaway delivery costs in the UK.
Undocumented migrants have historically used food delivery apps for work, exploiting limited right-to-work checks.
Companies like Uber Eats, Deliveroo, and Just Eat have introduced stricter checks, including facial recognition and document verification.
Compliance and administrative costs have contributed to a fall in Uber UK profits despite rising revenues.
Government enforcement includes thousands of interviews and hundreds of arrests for suspected illegal working.
Uber’s UK accounts at Companies House welcomed the Home Office’s efforts to deter migrants and people smugglers from risking Channel crossings. However, the company cautioned that “new legislative requirements could have an adverse impact on our business, including expenses necessary to comply with such laws and regulations.”
Takeaway apps have become a source of employment for undocumented migrants, attracted by historically limited right-to-work checks. Delivery riders have sometimes sold or rented their accounts on social media to “substitutes” who may be working illegally.
Company response and compliance measures
Over the past year, Uber, Deliveroo, and Just Eat have introduced stricter “right-to-work” verification, including enhanced facial recognition and document checks. Thousands of workers who failed these checks have been removed from the platforms.
The Home Office has urged delivery companies to strengthen monitoring to prevent misuse and suspend accounts where illegal work is detected. Officials are also sharing data on asylum accommodation to help companies monitor potential illegal employment.
Impact on Uber UK’s finances
Uber’s UK revenues increased from £5.3bn in 2023 to £6.5bn in 2024, but profits fell from £29.4m to £21.6m. The company cited rising administrative and compliance costs in its food delivery division as a key factor.
In February, Uber reported blocking thousands of accounts since April 2024 after introducing tougher right-to-work checks to prevent illegal substitutions.
Government enforcement figures
In July, Home Office immigration enforcement teams spoke to 1,780 individuals, resulting in 280 arrests for suspected illegal working. The asylum status of 53 individuals is currently under review.
Significance for the UK gig economy
The crackdown reflects broader government efforts to regulate gig economy employment and prevent illegal working while highlighting the potential economic impact on consumers. Takeaway prices may rise as delivery companies adjust to stricter verification requirements and increased compliance costs.
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Dawood Pervez (L), managing director at Bestway Wholesale and Katie Secretan, managing director of Co-op Wholesale
A NEW partnership has been formed between Co-op Wholesale and Costcutter Supermarkets Group (CSG) to support independent retailers across the UK.
Goes beyond the standard supply deal, it aims to bring the combined expertise and resources of both businesses together, helping local retailers compete in an increasingly tough convenience market, a statement said on Thursday (4).
Katie Secretan, managing director of Co-op Wholesale, welcomed the move. She said: “I am delighted to announce this new agreement which goes further than just a supply deal; we are jointly focused on true partnership as the key ingredient for mutual success, as we collectively support independent retailers to grow through our market leading propositions.”
The deal ensures that Costcutter stores will continue to benefit from Co-op Wholesale’s full-service convenience model, including access to Co-op’s well-known own-brand products.
Dawood Pervez, managing director of Bestway Wholesale, which owns Costcutter, said the agreement builds on a strong existing relationship. “The continuation of our collaboration will see Costcutter stores continue to benefit from the market-leading full-service convenience model from Co-op Wholesale, including access to the iconic and best in class Co-op own brand products. Both businesses are committed to working together to continuously improve the offer, supporting retailer growth in an evolving market,” he said.
Bestway Wholesale, part of the Bestway Group, is one of the UK’s largest independent food and drink wholesalers. Founded in 1976, the company has grown to operate 62 depots across the country and generates a turnover of around £3 billion. It supplies more than 100,000 retailers and 7,000 symbol and franchise operators, as well as running over 200 of its own company-owned stores.
The group also manages brands including Costcutter, best-one and Bargain Booze, and services a wide range of businesses in retail, catering, foodservice and specialist pet supplies.
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India's finance minister Nirmala Sitharaman said the Goods and Services Tax (GST) structure would be simplified from four slabs to two, with reductions across several sectors. (Photo: Getty Images)
INDIA announced a major cut in consumption taxes on Wednesday, days after the United States imposed steep tariffs on Indian goods.
India's finance minister Nirmala Sitharaman said the Goods and Services Tax (GST) structure would be simplified from four slabs to two, with reductions across several sectors. In some cases, levies have been reduced by more than half.
The tax changes will make a range of consumer goods, including soap bars and motorbikes, cheaper. However, the move could add pressure on government finances.
The announcement comes after US president Donald Trump imposed tariffs of up to 50 per cent on imports from India, raising concerns of a slowdown.
Sitharaman said the GST cuts were not linked to the tariff issue. "These reforms have been planned for a long time," she said.
India's prime minister Narendra Modi welcomed the measures. "The wide ranging reforms will improve lives of our citizens and ensure ease of doing business for all, especially small traders and businesses," his office said in a social media statement.
The revised system removes tax on insurance premiums, including life and health coverage. Levies on motorbikes and small cars have been reduced from 28 per cent to 18 per cent.
A finance ministry note also said dozens of life-saving drugs will now be tax exempt.