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India Will Soon Be World's Third Largest Economy: PM Modi In Ghana
India Will Soon Be World's Third Largest Economy: PM Modi In Ghana

NDTV

time03-07-2025

  • Business
  • NDTV

India Will Soon Be World's Third Largest Economy: PM Modi In Ghana

Accra: Prime Minister Narendra Modi on Thursday said that over the past decade, India has seen a major transformation across the spectrum, and on the foundations of stable polity and good governance, the country will soon be the world's third-largest economy. During his historic Parliament address here, PM Modi said India already contributes nearly 16 per cent to global growth. "Today, India is the fastest growing emerging economy. On the foundations of stable polity and good governance, India will soon be the third largest economy," the Prime Minister told the esteemed house. PM Modi further stated that India's demography is paying its dividend. "India now has the world's third largest start-up ecosystem. India is an innovation and technology hub, where global companies want to converge," said PM Modi in his address. "We are recognised as the Pharmacy of the world. Indian women today lead in science, space, aviation and sports. India landed on the Moon. And, today an Indian is in orbit giving wings to our human space flight mission," he added. The Prime Minister further stated that people of India have resolved to make India a Developed Nation by 2047, when "we celebrate 100 years of Independence". "As Ghana continues to pursue the path of progress and prosperity, India shall walk with you, shoulder to shoulder, on this road," he commented. In 2015, New Delhi hosted the India-Africa Summit. "President John Mahama was one of our esteemed guests. In 2017, India hosted the annual meeting of the African Development Bank. We have expanded our diplomatic presence to 46 countries across Africa," said PM Modi. Over 200 projects across the continent enhance connectivity, infrastructure and industrial capacity. Every year, the India-Africa Business conclave generates new opportunities. "In Ghana, we inaugurated the Tema - Mpakadan rail line last year. It is the largest infrastructure project in this part of the African region. We welcome Ghana's own efforts to accelerate economic integration under the African Continental Free Trade Area. Ghana also holds great potential to become an IT and innovation hub in the region. Together, we will shape a future, full of promise and progress," the Prime Minister emphasised. Earlier, PM Modi was conferred The Officer of the Order of the Star of Ghana, the country's highest civilian honour, by President Mahama. PM Modi thanked Ghana's President for the honour and called it a "matter of immense pride".

School Assembly news headlines for today July 3, 2025: From sports to education, check 20+ national & international news
School Assembly news headlines for today July 3, 2025: From sports to education, check 20+ national & international news

Time of India

time03-07-2025

  • Business
  • Time of India

School Assembly news headlines for today July 3, 2025: From sports to education, check 20+ national & international news

School Assembly news headlines for July 3, 2025: Today's school assembly news headlines for July 3, 2025 cover over 20 major national and international updates. Prime Minister Narendra Modi has begun a five-nation tour, starting with Ghana. The visit aims to boost India-Africa trade and tech partnerships. In national news, the central government now allows private motorcycles to operate as passenger transport through aggregators. This comes under new safety rules. The Indian Navy has added strength by commissioning the stealth frigate INS Udaygiri. Globally, the US President has announced a 60-day ceasefire plan in Gaza. Meanwhile, the IMF has approved Sri Lanka's fourth review under its Extended Fund Facility. In sports, fans are keeping up with results from ongoing tournaments and global leagues. These headlines give students a clear and informative look at the day's top stories—perfect for today's school assembly. Today's national news headlines in English for school assembly, July 3, 2025 Prime Minister Narendra Modi begins historic five-nation diplomatic tour to strengthen multilateral ties. India warns the United States over Pakistan-backed terrorism, emphasizing nuclear blackmail will not deter response. Central government launches 'RailOne' app to unify all railway services including ticketing and complaint redressal. GST relief expected soon on essential daily items to ease inflationary pressure on common citizens. India Meteorological Department forecasts light to heavy rainfall across multiple states in the coming week. Today's international news headlines in English for school assembly, July 3, 2025 Iran suspends cooperation with the UN nuclear agency, causing a global rise in oil prices amid geopolitical tensions. Former US President Donald Trump announces Israel's agreement to a 60-day Gaza ceasefire and urges Hamas to support it. Russian President Vladimir Putin and French President Emmanuel Macron hold their first conversation in three years to discuss Ukraine and West Asia. International Monetary Fund approves $350 million installment for Sri Lanka following economic reform progress. Trump renews call for deportation of U.S.-born offenders amid ongoing immigration debates. Today's sports news headlines in English for school assembly, July 3, 2025 Gukesh and Praggnanandhaa Compete at Grand Chess Tour in Croatia. India Women's Cricket Team Beats England by 24 Runs in 2nd T20I. Indian Boxers Sakshi, Jaismine, and Lakshya Advance to World Boxing Cup Quarterfinals. Manolo Marquez Steps Down as Indian Football Team Coach. Kylian Mbappe Makes Club World Cup Debut for Real Madrid. Today's education news headlines in English for school assembly, July 3, 2025 CUET 2025 Results to be Released Tomorrow; Admission Process to Begin at Top Universities. PM Modi Begins Five-Nation Diplomatic Tour to Strengthen India-Africa Ties. UGC NET 2025 Answer Key Expected Today; Candidates Advised to Check Official Website. Jamia Millia Islamia Announces Large Recruitment Drive; Open to 10th Pass to Graduates. India Reports 25.44 Lakh HIV Cases in 2023; Southern States Contribute 24% of Burden. Today's state news headlines in English for school assembly, July 3, 2025 Kashmir locals warmly welcome first batch of Amarnath Yatra pilgrims, showcasing communal harmony and regional support for the pilgrimage. Puri begins preparations for Bahuda Yatra as devotees enjoy smooth darshan of Lord Jagannath and siblings at Gundicha Temple. Maharashtra signs MoU to develop African Safari at Gorewada Zoo, Nagpur, in partnership with NBCC and Forest Development bodies. Bombay High Court directs expert panel to reassess Mula Mutha floodlines in Pune, seeking report within two months. Local communities in various states actively participate in monsoon preparedness and relief activities amid forecasted heavy rainfall. Top business and economic news headlines for July 3, 2025 Transport Ministry allows cab aggregators to charge up to twice the base fare during peak hours under new 2025 guidelines. Quad launches Critical Minerals Initiative to boost economic security and counter China's price manipulation and supply chain dominance. Over 300 Chinese engineers exit Foxconn India units, raising concerns over Apple's manufacturing momentum amid China's labour restrictions. CSB Bank reports 20% growth in Q1 deposits and 32% increase in advances, highlighting robust banking sector performance. Aurobindo Pharma's subsidiary receives European Commission marketing authorization for trastuzumab biosimilar Dazublys, advancing cancer treatment options. Daily word and thought of the day for school assembly, July 3, 2025 For the school assembly on July 3, 2025, here are the Daily Word and Thought of the Day: Daily Word: PoppyMeaning: A bright, colorful flowering plant, often red, known for its delicate petals and rounded seed capsules. The word "poppy" can symbolize beauty and remembrance. Thought of the Day: "Stand stoutly for your beliefs, even when faced with challenges, for courage and determination shape our character and future." For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.

What India's partnership with the AU means for Africa
What India's partnership with the AU means for Africa

IOL News

time12-05-2025

  • Politics
  • IOL News

What India's partnership with the AU means for Africa

IN a landmark visit to India between the current chairman of the African Union (AU), who is also the President of Angola, João Lourenço, and Prime Minister Narendra Modi of India, one key message came out from the trip: 'Development without dependency'. Consistent with Modi's message of 'cooperation without conditions', he elucidated how, in the name of development partnerships, nations were forced into dependence partnerships, which gave rise to colonial and imperial rule and global power blocks. Now what does this mean for the 54 countries in the African Union and Angola, which is the second largest supplier of oil and the current AU chair? Of course, India's defining watershed moment was the Presidency of the G20 under Modi, where he advocated and secured permanent membership of the AU in the G20, which was a pivotal moment for the India-Africa relationship. The question that many pundits have been asking is, how this 'partnership of equals' between Africa and India would play out, especially in the mid of the turbulent geo-political trade wars between China and the United States, which have exposed how countries in the Global South are merely spectators in the global trade eco-system.

'Pillars of Global South': India signs key defence and security deals with Angola
'Pillars of Global South': India signs key defence and security deals with Angola

First Post

time03-05-2025

  • Business
  • First Post

'Pillars of Global South': India signs key defence and security deals with Angola

PM Modi held wide-ranging talks with Angolan President Laurenco that focused on ramping up overall bilateral ties, including in areas of digital public infrastructure read more Prime Minister Narendra Modi on Saturday held extensive talks with the Angolan President Joao Manuel Goncalves Lourenco during his four-day visit to India. Ministry of External Affairs spokesperson Randhir Jaiswal said on X, 'Both sides deliberated on a wide range of areas, including trade & investment, defence, energy, skilling, railways development partnership, health & pharmaceuticals, cultural cooperation and people to people ties. They also exchanged views on regional and global issues of mutual interest.' STORY CONTINUES BELOW THIS AD PM @narendramodi held extensive discussions with President Mr. João Manuel Gonçalves Lourenço @jlprdeangola at Hyderabad House today. President of Angola strongly condemned the terror attack on Indian soil and expressed solidarity with the people of India. Both sides deliberated… — Randhir Jaiswal (@MEAIndia) May 3, 2025 Earlier today, Lourenco received a ceremonial welcome at Rashtrapati Bhavan from President Droupadi Murmu and PM Modi. The Indian prime minister announced a $200 million defence credit line for Angola and expressed commitment to act firmly and decisively against terrorists and their backers. PM Modi made the remarks after holding wide-ranging talks with Angolan President Laurenco that focused on ramping up overall bilateral ties, including in areas of digital public infrastructure. In his media statement, the prime minister said Laurenco's visit to India not only gives a new direction to the bilateral relations but also strengthens the India-Africa partnership. 'I am pleased to announce India's $200 million defence credit line to support modernisation of Angola's defence forces,' he said. The prime minister also said that there was a discussion on repair, overhaul and supply of defence platforms as well. STORY CONTINUES BELOW THIS AD India will also share its capabilities with Angola in the areas of digital public infrastructure, space technology and capacity building, Modi said. 'We have also decided to further strengthen our relations in areas of healthcare, diamond processing, fertiliser and critical minerals.' The prime minister also said, 'We are committed to taking firm and decisive action against terrorists and those who support them.' Highlighting the importance of ties between India and the African Union, he said, 'We are partners in progress, We are pillars of the Global South.' With inputs from agencies

PM Modi announces $200 million for modernisation of Angolan armed forces
PM Modi announces $200 million for modernisation of Angolan armed forces

The Hindu

time03-05-2025

  • Business
  • The Hindu

PM Modi announces $200 million for modernisation of Angolan armed forces

Prime Minister Narendra Modi on Saturday (May 3, 2025) announced a $200 million Defence credit line for Angola and expressed commitment to act firmly and decisively against terrorists and their backers, an assertion that came days after the Pahalgam terror strike. PM Modi made the remarks after holding wide-ranging talks with Angolan President Joao Manuel Goncalves Laurenco that focused on ramping up overall bilateral ties, including in areas of digital public infrastructure. In his media statement, the Prime Minister said Mr. Laurenco's visit to India not only gives a new direction to the bilateral relations but also strengthens the India-Africa partnership. "I am pleased to announce India's $200 million defence credit line to support modernisation of Angola's defence forces," he said. The Prime Minister also said that there was a discussion on repair, overhaul and supply of defence platforms as well. India will also share its capabilities with Angola in the areas of digital public infrastructure, space technology and capacity building, Modi said. "We have also decided to further strengthen our relations in areas of healthcare, diamond processing, fertiliser and critical minerals." The Prime Minister also said, "We are committed to taking firm and decisive action against terrorists and those who support them." Highlighting the importance of ties between India and the African Union, he said, "We are partners in progress, we are pillars of the Global South." Mr. Laurenco arrived in Delhi on Thursday on a four-day trip.

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