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PM Modi Meets Chinese President Xi Jinping

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PM Modi Meets Chinese President Xi Jinping

Jinping accepts invitation for informal summit in India next year

Prime Minister Narendra Modi held bilateral talks with Chinese President Xi Jinping on Saturday after he reached Qingdao in China to attend the Shanghai Cooperation Organisation or SCO summit.

Foreign secretary Vijay Gokhale has announced that Chinese side has conveyed that President Xi Jinping has accepted invitation for Wuhan-like informal summit in India in 2019. The schedule of the summit will be decided later.

During Saturday’s meeting President Xi Jinping suggested PM Modi that the two countries set up a new bilateral trade target of $100 billion by 2020, a target earlier set for 2015. However it could reach $84.44 billion last year. For facilitating trade growth India has allowed Bank of China to open its branch in Mumbai.

Gokhale has said, “There were some discussions on trade and investment issues. And in that context XI told Modi that China is looking at enhancing agricultural exports from India including non-Basmati rice and sugar”.

Read More:  Modi meets Chinese President Xi Jinping in Astana

Moreover, China has agreed to share hydrological data of the Brahmaputra River in flood season with India. China had stopped sharing data after the 73-day long stand-off between Indian and Chinese troops at Dokalam last year.

Prime Minister Narendra Modi said he had detailed discussions with Chinese President Xi Jinping on bilateral and global issues which will add further vigour to the India-China friendship after their informal summit in Wuhan. They discussed a blueprint for deepening bilateral relationship and reviewed the implementation of decisions they had taken during their informal summit in Wuhan.

The meeting covered key aspects of the bilateral engagement, reflecting the resolve by the two countries to reset relations and bring back trust in their ties which was hit by the Doklam standoff and several other thorny issues.

Read More: China fails to get India’s support on Belt and Road project

China’s state news agency Xinhua quoted Xi Jinping saying that he was “willing to work with India to take the Wuhan meeting as a “new starting point” to continuously enhance political mutual trust and engage in mutually beneficial cooperation across the board, so as to push forward China-India relations in a better, faster and steadier manner.”

This is the first SCO summit since its expansion, when India and Pakistan were included as full members at the Astana summit in Kazakhstan last year.

This is PM Modi’s second visit to China this year. The two leaders meeting on Saturday took place within six weeks after their informal summit in central China’s Wuhan city during which they exchanged views on solidifying the relationship between the two countries.

Leaders of the eight Shanghai Cooperation Organisation member states and four observer states, as well as heads of international organisations are attending the summit to explore ways to bolster cooperation in the fight against terrorism, extremism and radicalisation.

Read More: G20 summit: PM Narendra Modi, Xi Jinping exchange greetings, talk on range of issues

Full members of the Shanghai Cooperation Organisation or SCO include China, India, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Pakistan. Countries with observer status in the bloc include Afghanistan, Iran, Mongolia, and Belarus.

Read More: India must strengthen ties with China but with caution

Prime Minister Modi is expected to hold nearly half a dozen bilateral meetings with top leaders of SCO countries at the sidelines of summit. However, there is no confirmation on whether there will be any meeting with Pakistan President Mamnoon Hussain.

Ahead of the SCO summit, PM Modi had said he was “excited” to lead the Indian delegation for the grouping’s first-ever meeting with India as a full member.

He further said, “In the last one year since India became a full member of the SCO, our interaction with the organisation and its member states has grown considerably. I believe that the Qingdao Summit will further enrich the SCO agenda, while heralding a new beginning for India’s engagement with the SCO.”

Raveesh Kumar, spokesperson of Ministry of External Affairs, tweeted on Saturday morning, “With 8 members, SCO represents approximately 42 per cent of the world’s population, 22 per cent of the land area and 20 per cent of the GDP. SCO focuses on political, economic, security and cultural cooperation and enables India to engage with Central Asian countries.

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Byju’s founder Byju Raveendran sentenced to six months in jail by Singapore court over asset orders

In a major setback, a Singapore court has sentenced Byju’s founder Byju Raveendran to six months in prison for contempt after he failed to comply with multiple court orders regarding his assets.

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In a massive legal blow to the founder of the failed Indian educational technology firm Think & Learn Pvt (better known as Byju’s), a Singapore court has sentenced Byju Raveendran to six months in jail for contempt of court.

The court ordered the jail term after concluding that Raveendran had deliberately disobeyed multiple judicial directives regarding his personal assets, dating as far back as April 2024.

Disobedience of asset orders leads to prison sentence

According to people familiar with the matter, the Singapore court has instructed Raveendran to immediately surrender himself to the officials. Alongside the six-month prison sentence, the Byju’s founder has been ordered to pay legal costs amounting to S$90,000 (approximately $70,500). Furthermore, he has been mandated to provide documents verifying his official legal ownership of Beeaar Investco Pte, a corporate entity that holds equity shares in a related firm.

At the time of reporting, it remains unclear whether Raveendran is currently residing in Singapore or located elsewhere, and he did not immediately respond to requests for comment.

Escalating global legal battles

This sentencing marks the latest and perhaps most severe setback for the entrepreneur, who once achieved billionaire status amid a massive wave of global capital flowing into Indian start-ups. Today, Raveendran is being rigorously pursued by foreign investors across international jurisdictions. This includes intensifying legal battles in the United States, where global lenders are actively trying to recover heavy financial losses stemming from a defaulted $1.2 billion loan.

Media reports indicate that the ongoing Singapore court proceedings represent a broadening web of legal and financial crises following the operational collapse of the once-celebrated edtech giant.

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US hits Iranian missile sites and mine-laying boats near Strait of Hormuz amid peace talks

US Central Command executed targeted strikes against Iranian missile launch sites and mine-laying vessels near Bandar Abbas, testing a fragile ceasefire even as high-stakes diplomatic talks continue in the region.

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In a major development testing a fragile regional ceasefire, the United States military carried out targeted strikes in southern Iran on Monday. The operation hit missile launch sites and vessels allegedly attempting to lay mines near the crucial Strait of Hormuz, according to statements from the US Central Command (CENTCOM).

The military action took place near Bandar Abbas, a prominent southern port city hosting a primary Iranian naval base. Media reporting indicated that explosions were heard across multiple coastal locations, including Sirik and Jask.

Focus on ‘Self-Defense’ Amid Active Ceasefire

A spokesperson for CENTCOM, Capt. Tim Hawkins, confirmed that the engagement was defensive in nature. “US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces,” Hawkins stated. He noted that the operational targets included active missile launch sites alongside Iranian boats attempting to emplace naval mines. Despite the escalation, CENTCOM emphasized that it continues to exercise restraint under the parameters of the ongoing ceasefire brokered in early April.

According to media reports, the tactical response was triggered when two Islamic Revolution Guard Corps (IRGC) boats were detected laying mines in the strategic shipping lane. Additionally, a surface-to-air missile site reportedly targeted American warplanes, prompting US forces to neutralize both the vessels and the missile installations. Media channels citing local updates indicated that four individuals were killed in the strikes, though the complete casualty figures remain unverified.

Diplomatic Dialogue Continues in Parallel

The strikes coincide with a critical phase of diplomatic negotiations aimed at extending the current truce. Top Iranian negotiators traveled to Qatar early this week to discuss a potential 60-day extension of the ceasefire, alongside provisions to keep the Strait of Hormuz fully operational for global trade.

US officials maintain that the military action does not signal an end to the active truce. A senior administration source clarified that the specific operations are “over for now”. US Secretary of State Marco Rubio, speaking from India, affirmed that diplomatic channels remain open and active. Rubio stated that intensive language discussions regarding the initial documents are ongoing, reiterating that the opening of the strategic strait remains a core objective.

Meanwhile, political leaders in Washington have separately reiterated demands for the secured disposal or international transfer of enriched uranium stockpiles as part of any comprehensive long-term agreement.

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US announces new America First visa schedule to boost business ties with India

During his official state visit to New Delhi, US Secretary of State Marco Rubio announced a new America First visa schedule designed to prioritise business professionals and boost bilateral trade efficiency.

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In a significant development aimed at strengthening bilateral cooperation, the United States has introduced a new “America First” visa schedule. The policy update was announced by US Secretary of State Marco Rubio during his official four-day visit to India. The new schedule is specifically designed to prioritise business professionals who play a key role in fortifying trade and strategic connections between the two nations.

Speaking about the initiative in the national capital, the top US diplomat clarified that the updated framework will not only assist visa applicants but will also significantly enhance operational productivity for the diplomatic mission. “We’re introducing a new America First visa schedule that prioritises business professionals that strengthen these ties,” Rubio stated. He added that the arrangement will enable the system to process applications with greater accuracy, speed, and efficiency.

Focus on Indo-Pacific and regional security

The announcement coincided with high-level discussions between the visiting diplomat and Prime Minister Narendra Modi. The meeting, which lasted for over an hour, covered critical areas of bilateral interest, including trade, energy security, strategic technologies, defence cooperation, and the ongoing West Asia crisis. During the interaction, Rubio extended an official invitation from US President Donald Trump for PM Modi to visit the White House in the near future.

The US Secretary of State described the partnership between New Delhi and Washington as a foundational cornerstone of America’s overarching strategy for the Indo-Pacific region. Highlighting India’s central role, Rubio noted that his very first official engagement upon taking office was a meeting of the Quadrilateral Security Dialogue (Quad), emphasizing that hosting the upcoming foreign ministers’ meeting in India acts as a tangible sign of the deep commitment to this framework.

Clarification on immigration rules

Addressing separate concerns regarding recent shifts in American immigration policies, the top diplomat provided a crucial clarification regarding the new guidelines for permanent residency. Media reports had previously highlighted anxieties surrounding a newly instituted rule that requires many legal immigrants to exit the US and apply for green cards from their home countries.

Rubio explicitly stated to the media that these measures are universal regulatory updates rather than policy shifts targeted at any specific nation. He reassured that the rule is applicable globally to all international applicants and is not directed exclusively at Indian citizens.

The visit marks Rubio’s first official trip to India since assuming office. His comprehensive itinerary began in Kolkata and includes a scheduled bilateral dialogue with External Affairs Minister S Jaishankar, alongside participation in the Quad Foreign Ministers’ meeting alongside international counterparts.

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