logo
French Ambassador meets Pinarayi, discusses future tie-ups

French Ambassador meets Pinarayi, discusses future tie-ups

The Hindu19-06-2025

The French government will consider providing training including language classes to nurses to give them employment opportunities in France, Thierry Mathou, Ambassador of France to India said during a meeting with Chief Minister Pinarayi Vijayan here on Thursday. Joint activities will be taken up with the Fisheries department to strengthen activities related to the Blue Economy. Representatives from France will participate in the conclave related to this to be held in September.
He said initiatives like Mane Kancor in Kerala are working well with French cooperation. Investments from French companies will be strengthened. Discussions in this regard have been held with the Industries Minister.
Ties with ISRO
Touching upon his country's strong ties with the Indian Space Research Organisation (ISRO), he expressed interest in strengthening partnership in the defense and aerospace sectors. Opportunities for working together in the field of climate change will also be examined, he said. Fisheries Minister Saji Cherian and Chief Secretary A. Jayathilak were present.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…
Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…

India.com

time28 minutes ago

  • India.com

Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…

Mukesh Ambani and Gautam Adani (File) Mukesh Ambani is preparing for a major deal that can surprise not just India but also major countries like the US and China. According to a report by the Economic Times , the discussions are still in the early stages. Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, reported PTI. Why Is Russian Company Selling Stake To Reliance? Rosneft is selling this stake because sanctions imposed by Western countries have made it difficult for them to withdraw money from India. On the other hand, Ambani wants to capitalize on this opportunity to further strengthen India's position in the oil sector. This deal has the potential to transform the global oil game, which is why countries like the US and China are closely monitoring it. Reliance In Talks With Russia's Rosneft Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space. But the talks are at preliminary stage and there is no guarantee that they may lead to a definite deal as valuation remains a sticky ground, three sources with direct knowledge of the matter said. Top Rosneft officials have visited India at least thrice in the last one year, including visits to Ahmedabad and Mumbai, for talks with potential investors. For Rosneft, which is looking to exit from Nayara due to western sanctions limiting its ability to repatriate full earnings from India operations, a potential buyer could be one who has substantial earnings overseas or is an international company – both of which could make quick overseas payouts for the stake. Why Gautam Adani Declined Offer? The stake of Rosneft and UCP was offered to Reliance Industries, Adani Group, Saudi Aramco and state-owned ONGC/IOC combine among others. But the USD 20-billion valuation that Rosneft had put for Nayara was considered too steep a price by almost every potential investor. Adani Group politely declined the offer to invest in an oil refinery, which is considered a sunset business given the energy transition planned worldwide. Besides the asking price being too high, the conglomerate's understanding with French energy giant TotalEnergies, with whom it has stitched multi-billion dollar partnership in city gas and renewable energy space, also came in the way of investing in Nayara, the sources said, adding Adani had in its deal with TotalEnergies agreed to limit future investments in fossil fuel space to only natural gas. (With Inputs From PTI)

China's top diplomat visits Europe pitching closer ties in 'volatile' world
China's top diplomat visits Europe pitching closer ties in 'volatile' world

Time of India

timean hour ago

  • Time of India

China's top diplomat visits Europe pitching closer ties in 'volatile' world

China's top diplomat visits Europe pitching closer ties in 'volatile' world (Image: AP) BEIJING: China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of stability" in a world in turmoil. Wang Yi's tour will take him to the European Union's headquarters in Brussels as well as France and Germany as China seeks to improve relations with the bloc as a counterweight to superpower rival the United States. But deep frictions remain over the economy- including a yawning trade deficit of $357.1 billion between China and the EU- and Beijing's close ties with Russia despite Moscow's war in Ukraine. "The world is undergoing an accelerated evolution of a century-old change, with unilateralism, protectionism and bullying behaviour becoming rampant," Chinese foreign ministry spokesman Guo Jiakun said on Friday -- a thinly veiled swipe against the United States under President Donald Trump. In that context, Guo said, Beijing and the European bloc must "keep the world peaceful and stable, safeguard multilateralism, free trade, international rules, fairness and justice, and act firmly as anchors of stability and constructive forces in a volatile world". Wang will meet with his EU counterpart, Kaja Kallas, at the bloc's headquarters in Brussels for "high-level strategic dialogue". In Germany, he will hold talks with Foreign Minister Johann Wadephul on diplomacy and security -- his first visit since Berlin's new conservative-led government took power in May. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Perdagangkan CFD Emas dengan Broker Tepercaya IC Markets Mendaftar Undo And in France, Wang will meet minister for Europe and foreign affairs Jean-Noel Barrot, who visited China in March. The war in Ukraine will likely be high on the agenda, with European leaders having been forthright in condemning what they say is Beijing's backing for Moscow. China has portrayed itself as a neutral party in Russia's more than three-year war with Ukraine. But Western governments say Beijing's close ties have given Moscow crucial economic and diplomatic support, and they have urged China to do more to press Russia to end the war. Trade tensions Ties between Europe and China have also strained in recent years as the EU seeks to get tougher on what it says are unfair economic practices by Beijing. After the European bloc placed tariffs on Chinese electric vehicle imports, China retaliated with its own duties, including on French cognac. An agreement on cognac has been reached with Beijing but not formally approved by the Chinese commerce ministry, a source in the French economy ministry told AFP. The source said finalization was partially linked with the EU's ongoing negotiations over EVs. Tensions flared this month after the EU banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million), in retaliation for limits Beijing places on access to its own market. The latest salvo in trade tensions between the 27-nation bloc and China covered a wide range of healthcare supplies, from surgical masks to X-ray machines, that represent a market worth 150 billion euros in the EU. In response, China accused the European Union of "double standards". Another sticking point has been rare earths. Beijing has since April required licences to export these strategic materials from China, which accounts for almost two-thirds of rare earth mining production and 92 percent of global refined output, according to the International Energy Agency. The metals are used in a wide variety of products, including electric car batteries, and there has been criticism from industries about the way China's licences have been issued. China has proposed establishing a "green channel" to ease the export of rare earths to the EU, its commerce ministry said this month.

Auto recap, June 29: Renault Triber facelift spotted, Mercedes-Benz price hike in September, India may ease fuel norms
Auto recap, June 29: Renault Triber facelift spotted, Mercedes-Benz price hike in September, India may ease fuel norms

Hindustan Times

timean hour ago

  • Hindustan Times

Auto recap, June 29: Renault Triber facelift spotted, Mercedes-Benz price hike in September, India may ease fuel norms

Here is your quick check on the biggest developments in the world of automobiles. Notify me The automotive industry is experiencing rapid changes, which make it difficult to stay informed about all the latest advancements. At HT Auto, we are dedicated to delivering the most relevant and current information as it becomes available. Below is a concise overview of the key highlights from Sunday, June 29. Renault Triber facelift spotted again, reveals key updates despite heavy camouflage Renault Triber is one of the key models from the French auto giant in the Indian passenger vehicle market. The MPV comes as one of the most affordable models in its segment, where Maruti Suzuki, Kia, and Toyota have their respective products in the form of Ertiga, Carens and Rumion. The Renault Triber is now gearing up for a mid-life facelift that is long due. This is going to be the most significant update for the MPV since its launch in 2019. One of the key USP of the Triber is its affordable pricing. Expect Renault to continue with that strategy even with the facelifted model, which is expected to launch later this year. A test mule of the upcoming updated version of the MPV has been spotted in Chennai, giving us an idea of the changes. As it seems, the Renault Triber MPV will come with a plethora of cosmetic changes on the exterior. Also Read : Renault Triber facelift spotted again, reveals key updates despite heavy camouflage. Know more Mercedes-Benz cars in India will be costlier by 1.5% in September 2025, blame it on Rupee slide Mercedes-Benz India is looking at another price hike, which will be enforced in September 2025. The German luxury car manufacturer that just launched two sports cars in India, namely the AMG GT 63 4MATIC and GT 63 PRO 4MATIC Coupe, priced at ₹ 3 crore (ex-showroom) and ₹ 3.65 crore (ex-showroom), respectively; has revealed that the OEM is about to enforce another price hike for its India passenger vehicle portfolio. Also Read : Mercedes-Benz cars in India will be costlier by 1.5% in September 2025, blame it on Rupee slide India may ease fuel norms for small cars amid SUV boom, Maruti Suzuki could benefit In a potential policy pivot, the Indian government is considering easing fuel efficiency norms for small cars to counter declining sales in the budget segment. The move follows lobbying efforts by Maruti Suzuki, India's largest carmaker, which has seen its entry-level car sales shrink in the face of a booming SUV market, a report by Reuters stated, citing multiple industry and government sources. Also Read : India may ease fuel norms for small cars amid SUV boom, Maruti Suzuki could benefit: Report Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 30 Jun 2025, 06:51 AM IST

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store