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YK Sinha: India-UK collaboration in various fields significant for future development

The collaboration between India and the UK in various fields like research is significant and will help the people of two countries prepare for the future, India's top diplomat to the UK has said.

Leaders from business, politics and academia debated the "future of organisations" at Imperial College Business School as part of the annual joint conference between the colleges Gandhi Centre for Inclusive Innovation and the All India Management Association (AIMA).


Issues around privacy, the impact of automation on labour, protectionism and the role of government in planning for advances in technology were among the key topics of discussion yesterday.

"Collaboration between the UK and India is particularly significant. What we forget sometimes is whats happening across the board, whether its combatting malaria, developing solar batteries or creating a framework on cyber cooperation. This sort of collaboration will help our people prepare for the future," said YK Sinha, Indian High Commissioner to the UK.

The Dean of Imperial College Business School, Professor Francisco Veloso, highlighted the long-standing ties of the institution with India and its academic collaborations with the country.

"Imperial College London is a leading international university, and our links to India are very important to us. Every year, we welcome dozens of students from India to our programmes, we develop cross-country research and enterprise projects, and we are very fortunate to have a variety of Indian faculty among our ranks," he said.

In the last five years, Imperial College researchers have collaborated on more than 1,200 research papers with colleagues in India, including from IIT Delhi, IISc, the Tata Institute for Fundamental Research, Panjab University, Delhi University and Visva Bharati University.

T V Mohandas Pai, president of AIMA, highlighted the role of technology in further enhancing these collaborations.

"I think the world is going to be shocked by the pace of technological change over the next decade or so," he said.

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Scotch whisky production slows as tariffs and weak demand bite

The first half of this year showed Scotch exports worth £2.5bn

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Scotch whisky production slows as tariffs and weak demand bite

Highlights

  • American tariffs adding 10 per cent to costs, with further 25 per cent charge on single malts expected next spring.
  • Barley demand slumped from up to 1 million tonnes to 600-700,000 tonnes expected next year.
  • Major distilleries including Glenmorangie and Teaninich have paused production for months.
Scotland's whisky industry is facing a sharp downturn in production as it adapts to challenging market conditions worldwide, with US tariffs and weakening global demand forcing major distilleries to halt operations.

Tariffs introduced under the Trump administration have added 10 per cent to importers' costs in the industry's biggest export market.

American tariffs on single malts, suspended four years ago, are expected to return next spring with a further 25 per cent charge unless a deal is reached.

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