India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its own strength and strategic interests, Finance Minister Nirmala Sitharaman said in an interview on Tuesday. The United States in January imposed the toughest sanctions yet on
Text messaging services were blocked in Indian Kashmir just hours after being restored when a truck driver was killed by suspected militants and his vehicle set ablaze, authorities said Tuesday. Separately Indian officials said that a 24-year-old woman died in the latest exchange of artillery fire with Pakistan over their de-facto border dividing the blood-soaked Himalayan region. Security sources said the decision to cut text messaging services was taken to reduce the ability of militants to communicate.
China's Huawei Technologies is ready to enter into a "no backdoor" agreement with India to allay security concerns, the telecom group's local head said on Monday, as the giant South Asian country prepares to launch next generation 5G networks. India, the world's second-biggest wireless market by users, will hold an airwaves auction for 5G services before March, according to the country's Telecoms Minister Ravi Shankar Prasad. It has yet to begin 5G trials and has not taken a decision on allowing or banning Huawei from the test runs amid a U.S.-led push to shut out the Chinese tech and telecoms group, saying its gear contained "back doors" that would enable China to spy on other countries.
Malaysia's Prime Minister Mahathir Mohamad said his government will monitor the trade situation with India, which is reported to be considering trade curbs on the Southeast Asian nation over his criticism of actions in Kashmir, news wire Bernama reported. Government and industry sources told Reuters last week that New Delhi is looking for ways to limit palm oil imports and other goods from Malaysia, in retaliation for Mahathir's speech at the United Nations in September when he said India had "invaded and occupied" Jammu and Kashmir. Malaysia had said it did not receive "anything official" from India.
India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday. India has struggled to boost its use of gas, which produces less greenhouse gas emissions than coal and oil, because many industries and towns are not linked to the gas pipeline network. Oil Minister Dharmendra Pradhan told reporters at India Energy Forum by Ceraweek that companies were investing $60 billion in the network and building new gas import facilities to link all states by mid-2024, when the government's term ends.