Indian Prime Minister Narendra Modi addressed the G20 digital economy ministers meeting held today at India's Silicon Valley, Bengaluru.

India: ‘Beyond imagination’: PM Modi lauds Digital India programme at G20 meet

<p>Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20. Instead of hitting the road in style, Singhania has kept the high-end vehicle parked in the garage of his upscale residence in South Mumbai. The MC20, boasting a top speed of over 325 kilometres per hour, was brought to India by Maserati in late-2021, allowing Indian enthusiasts to experience its remarkable performance firsthand.</p>

<h2><strong>A lemon in the garage</strong></h2>

<p>Speaking at an event, he openly referred to the MC20 as the "worst" car he has ever driven, stressing that its performance has been far from satisfactory. He further advised potential drivers against taking the car on the road, describing it as a hazardous proposition. "I paid for a Maserati but I got a lemon instead," Singhania candidly expressed.&nbsp;</p>

<p>He also blamed the company for attributing the football-like bouncing driving experience to the road conditions in India.</p>

<p>In a bid to address his concerns, Singhania took to the microblogging platform X, where he urged Maserati to appoint an independent test driver to evaluate the safety and performance of the MC20.</p>

<p>Also Read | <a href="https://www.wionews.com/world/nigers-new-prime-minister-says-no-harm-will-come-to-captive-president-mohamed-bazoum-626880">Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum</a></p>

<p>However, he reportedly said that his efforts to initiate a dialogue have hit a roadblock, with Maserati's parent company, Stellantis, allegedly showing reluctance to acknowledge the vehicle's shortcomings.</p>

<p>Singhania has gone a step further by expressing his genuine apprehension that the Maserati MC20 poses a significant risk to drivers, prompting him to implore Indian authorities and consumer courts to investigate the matter.</p>

<p>Also Read | <a href="https://www.wionews.com/world/brazil-bolsonaros-legal-troubles-deepen-as-quote-authorises-probe-into-his-finances-626878">Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances</a></p>

<p>"I genuinely believe the Maserati MC20 is a dangerous car and somebody might kill himself in it," Singhania said on X.</p>

<h2><strong>Maserati responds</strong></h2>

<p>In response to Singhania's public dissatisfaction, Maserati posted a message on X,&nbsp;"Hi there, It's regretful to hear that you have had a negative experience. Our customers are our top priority here at Maserati. We would like to address any concerns you may have. Please send us a private message with more detail, so we can best assist you. Thank you. GC".</p>

<h2><strong>Launch of GS design</strong></h2>

<p>Singhania remains an active figure in the automotive industry. He recently inaugurated GS Design, a new subsidiary of the Super Car Club Garage, a personal venture driven by his passion for cars. Singhania reportedly shared his enthusiasm for GS Design's future, revealing that within just 10 days of its soft launch, the initiative has already garnered 20 orders.</p>

<p><strong>Watch | Has China's growth story hit a roadblock?&nbsp;</strong></p>

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<p>"From 25-odd people, I had in Super Car Club Garage, I have over 250 now and given the number of orders I already have, it will go up," he said adding, "As against the 24-36 months that a European or American car design company takes to retrofit a vintage car, I can deliver the product within three months now. The objective is to do so in two months or even less. The Super Club Car Garage (SCCG) is an exclusive one-stop destination for supercars, super bikes and vintage cars, and its new initiative GS Design seeks to elevate the drive experience through customisation."</p>

<p><em>(With inputs from agencies)</em></p>

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Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20.

Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20. Instead of hitting the road in style, Singhania has kept the high-end vehicle parked in the garage of his upscale residence in South Mumbai. The MC20, boasting a top speed of over 325 kilometres per hour, was brought to India by Maserati in late-2021, allowing Indian enthusiasts to experience its remarkable performance firsthand. A lemon in the garage Speaking at an event, he openly referred to the MC20 as the "worst" car he has ever driven, stressing that its performance has been far from satisfactory. He further advised potential drivers against taking the car on the road, describing it as a hazardous proposition. "I paid for a Maserati but I got a lemon instead," Singhania candidly expressed. He also blamed the company for attributing the football-like bouncing driving experience to the road conditions in India. In a bid to address his concerns, Singhania took to the microblogging platform X, where he urged Maserati to appoint an independent test driver to evaluate the safety and performance of the MC20. Also Read | Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum However, he reportedly said that his efforts to initiate a dialogue have hit a roadblock, with Maserati's parent company, Stellantis, allegedly showing reluctance to acknowledge the vehicle's shortcomings. Singhania has gone a step further by expressing his genuine apprehension that the Maserati MC20 poses a significant risk to drivers, prompting him to implore Indian authorities and consumer courts to investigate the matter. Also Read | Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances "I genuinely believe the Maserati MC20 is a dangerous car and somebody might kill himself in it," Singhania said on X. Maserati responds In response to Singhania's public dissatisfaction, Maserati posted a message on X, "Hi there, It's regretful to hear that you have had a negative experience. Our customers are our top priority here at Maserati. We would like to address any concerns you may have. Please send us a private message with more detail, so we can best assist you. Thank you. GC". Launch of GS design Singhania remains an active figure in the automotive industry. He recently inaugurated GS Design, a new subsidiary of the Super Car Club Garage, a personal venture driven by his passion for cars. Singhania reportedly shared his enthusiasm for GS Design's future, revealing that within just 10 days of its soft launch, the initiative has already garnered 20 orders. Watch | Has China's growth story hit a roadblock? × "From 25-odd people, I had in Super Car Club Garage, I have over 250 now and given the number of orders I already have, it will go up," he said adding, "As against the 24-36 months that a European or American car design company takes to retrofit a vintage car, I can deliver the product within three months now. The objective is to do so in two months or even less. The Super Club Car Garage (SCCG) is an exclusive one-stop destination for supercars, super bikes and vintage cars, and its new initiative GS Design seeks to elevate the drive experience through customisation." (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. ×

'Got lemon': Indian billionaire's $ 0.42 million Maserati purchase takes a sour turn

<p>Indian Prime Minister Narendra Modi held a phone conversation&nbsp;with the Iranian President Ebrahim Raisi on Friday (August 18) and the dialogue centred around both bilateral issues&nbsp;and expansion of the BRICS grouping, a press release said. Regional matters were also discussed where the Indian PM emphasised the deep historical and cultural ties that bind India and Iran, fostering strong people-to-people connections.</p>

<p>During their conversation, Prime Minister Modi and President Raisi reiterated their dedication to enhancing bilateral cooperation. Of particular focus was the realisation of the complete potential of the Chabahar Port, envisaging it as a crucial connectivity hub between the two nations.</p>

<h2><strong>Multilateral cooperation and upcoming BRICS summit</strong></h2>

<p>Discussions also extended to collaborative efforts on the multilateral front, including the expansion of BRICS&nbsp;(Brazil, Russia, India, China, and South Africa) forum.</p>

<p>Also Read | <a href="https://www.wionews.com/world/nigers-new-prime-minister-says-no-harm-will-come-to-captive-president-mohamed-bazoum-626880">Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum</a></p>

<p>Both leaders looked forward to their interaction on the sidelines of the upcoming BRICS summit scheduled to take place in South Africa next week.&nbsp;</p>

<p>"Mr Modi and Mr Raisi also discussed cooperation at multilateral forums including the expansion of BRICS and looked forward to their meeting on the margins of the forthcoming BRICS summit in South Africa," the press release read.&nbsp;</p>

<h2><strong>Iran's aspirations to join BRICS&nbsp;</strong></h2>

<p>As the BRICS Summit looms, Iran's aspiration to join the bloc has gained attention. The Iranian President has been invited to the forthcoming summit, marking a significant development in this regard.</p>

<p>Also Read | <a href="https://www.wionews.com/world/brazil-bolsonaros-legal-troubles-deepen-as-quote-authorises-probe-into-his-finances-626878">Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances</a></p>

<p>The matter of expanding BRICS to include new member countries, including Iran, has been under consideration. Reports suggest that around 40 nations, including Saudi Arabia, Argentina, Kazakhstan, Comoros, and the United Arab Emirates, have shown interest in joining BRICS.</p>

<h2><strong>India's approach to BRICS expansion&nbsp;</strong></h2>

<p>External Affairs Ministry spokesperson Arindam Bagchi earlier said, “As mandated by the leaders last year, Brics members are internally discussing the guiding principles, standards, criteria and procedures for the Brics expansion process on the basis of full consultation and consensus."&nbsp;</p>

<p><strong>Watch | Has China's growth story hit a roadblock?&nbsp;</strong></p>

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<p>India and Iran share a long-standing and multifaceted relationship that is rooted in history, culture, and strategic interests. The ties between these two nations have traversed various domains, ranging from trade and energy to cultural exchanges and regional cooperation.&nbsp;</p>

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Indian Prime Minister Narendra Modi held a phone conversation with the Iranian President Ebrahim Raisi on Friday (August 18) and the dialogue centred around both bilateral issues and expansion of the BRICS grouping, a press release said.

Indian Prime Minister Narendra Modi held a phone conversation with the Iranian President Ebrahim Raisi on Friday (August 18) and the dialogue centred around both bilateral issues and expansion of the BRICS grouping, a press release said. Regional matters were also discussed where the Indian PM emphasised the deep historical and cultural ties that bind India and Iran, fostering strong people-to-people connections. During their conversation, Prime Minister Modi and President Raisi reiterated their dedication to enhancing bilateral cooperation. Of particular focus was the realisation of the complete potential of the Chabahar Port, envisaging it as a crucial connectivity hub between the two nations. Multilateral cooperation and upcoming BRICS summit Discussions also extended to collaborative efforts on the multilateral front, including the expansion of BRICS (Brazil, Russia, India, China, and South Africa) forum. Also Read | Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum Both leaders looked forward to their interaction on the sidelines of the upcoming BRICS summit scheduled to take place in South Africa next week. "Mr Modi and Mr Raisi also discussed cooperation at multilateral forums including the expansion of BRICS and looked forward to their meeting on the margins of the forthcoming BRICS summit in South Africa," the press release read. Iran's aspirations to join BRICS As the BRICS Summit looms, Iran's aspiration to join the bloc has gained attention. The Iranian President has been invited to the forthcoming summit, marking a significant development in this regard. Also Read | Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances The matter of expanding BRICS to include new member countries, including Iran, has been under consideration. Reports suggest that around 40 nations, including Saudi Arabia, Argentina, Kazakhstan, Comoros, and the United Arab Emirates, have shown interest in joining BRICS. India's approach to BRICS expansion External Affairs Ministry spokesperson Arindam Bagchi earlier said, “As mandated by the leaders last year, Brics members are internally discussing the guiding principles, standards, criteria and procedures for the Brics expansion process on the basis of full consultation and consensus." Watch | Has China's growth story hit a roadblock? × India and Iran share a long-standing and multifaceted relationship that is rooted in history, culture, and strategic interests. The ties between these two nations have traversed various domains, ranging from trade and energy to cultural exchanges and regional cooperation. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. ×

BRICS expansion, bilateral ties at forefront of PM Modi’s talks with Iran President Raisi

The Modi govt wants to revamp India’s judicial system by replacing criminal laws such as the Indian Penal Code, the Code of Criminal Procedure, and the Indian Evidence Act which were made during the British era. For this, three new bills were introduced in the Lok Sabha on August 11, the last day of the monsoon session. Union Home Minister Amit Shah said in Parliament that the purpose of these three new bills is not to punish but to give justice. Currently, these bills have been sent to the Standing Committee for review. But why was this overhaul needed and what kind of changes have been made to it? Senior Supreme Court advocate Sidharth Luthra explains the changes that these three bills propose to the existing laws.

Are three bills replacing India’s criminal laws a step in the right direction?

Bata India and Adidas, two giants in the world of footwear and apparel, are reportedly engaged in advanced talks for a strategic partnership. According to exclusive media reports, bata India and Adidas are working out the final details of a potential partnership.

Potential partnership: Bata India & Adidas

India's third lunar mission is inching closer to the Moon's little-explored south pole where it aims to set down a lander and rover on 23 August.

Chandrayaan-3 shares new video as it readies for touchdown

The Modi govt wants to revamp India’s judicial system by replacing criminal laws such as the Indian Penal Code, the Code of Criminal Procedure, and the Indian Evidence Act which were made during the British era. On August 11, the final day of the monsoon session, three new bills were introduced in the Lok Sabha to address this. Union Home Minister Amit Shah said in Parliament that the purpose of these three new bills is not to punish but to give justice. Currently, these bills have been sent to the Standing Committee for review. But why was this overhaul needed and what kind of changes have been made to it? Senior Supreme Court advocate Sidharth Luthra explains further.

'Alternative sentencing will take the load off the prison system'

Indian officials are contemplating reallocating as much as 1 trillion rupees ($12 billion) from ministry budgets to curb food and fuel prices without compromising the government deficit objective. That is based on a Bloomberg report quoting sources.

India contemplating reallocating $12 billion to curb food and fuel prices: Report

Chandrayaan 3 is on the final leg of its journey to the moon. Dr Ajay Lele, Senior Fellow, MP-IDSA tells Vikram Chandra that achieving a soft landing on the Moon's south pole is fairly challenging, but India is in a much better position compared to its last mission.

Chandrayaan-3: India’s tryst with the moon

India’s ground-breaking One Sun One World One Grid initiative can position India as a leader in renewable energy transition and has the potential to reshape global energy dynamics. Dr Ajay Mathur, Director General of the International Solar Alliance discusses India's solar energy mission which could prove to be a game-changer in providing clean energy to the world.

India’s one sun One World One Grid initiative

The Indian Air Force has inducted four new Heron Mk2 UAVs into its arsenal giving a major boost to India’s surveillance capabilities along its Northern Border. It can operate for 36 hours at a stretch and conduct 24x7 surveillance operations. It can gather intelligence from afar without even crossing the border. What is India preparing for? Watch the Game Plan with Shivan Chanana.

India gets Heron Mk2 Drones - can target Pak and China in a single sortie

South Asia's local currencies have had a roller coaster ride for the last couple of years. This story gives a report about the Indian rupee, Pakistani rupee, Sri Lankan rupee and Bangladeshi taka.

South Asia's currency rollercoaster: Pakistan's rupee in freefall

Indian Navy welcomed its mega stealth ship 'INS Vindhyagiri'. INS Vindhyagiri is the sixth ship built for the Navy under 'Project 17 Alpha'.

INS Vindhyagiri: All you need to know about Indian Navy's new stealth frigate

<p>The governor of the Reserve Bank of India (RBI) on Thursday, has unveiled UDGAM (Unclaimed Deposits - Gateway to Access information), a centralised web service that allows users to “search their unclaimed deposits across numerous institutions at one place.”</p>

<p>“This portal has been developed by RBI for use by members of public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place,” RBI said in a press release.</p>

<p>As part of the Statement on Developmental and Regulatory Policies dated April 6, 2023, RBI had announced the creation of a centralised web facility for locating unclaimed deposits. &nbsp;“Given the increasing trend in the amount of&nbsp;unclaimed deposits, RBI has been undertaking public awareness campaigns from time to time to sensitise the public on this matter. Further, through these initiatives, the RBI has&nbsp;been encouraging members of public to identify and approach their respective banks for claiming unclaimed deposits,” the banking regulator said.</p>

<p>According to RBI, the web portal would help customers find their unclaimed deposits and accounts so they may either submit a claim for the deposit amount or activate their deposit accounts at their respective banks. The platform was created in partnership by participating banks, Indian Financial Technology &amp; Allied Services (IFTAS), and Reserve Bank Information Technology Pvt Ltd (ReBIT).</p>

<p>Users will initially have access to information about their unclaimed deposits from the seven banks now represented on the portal. State Bank of India, Punjab National Bank, Central Bank of India, Dhanlaxmi Bank Ltd, South Indian Bank Ltd, DBS Bank India Ltd, and Citibank N.A. are the seven banks.</p>

<p>RBI said that the search facility for other banks would be made available gradually by October 15, 2023.</p>

<p><strong>What are unclaimed deposits?</strong></p>

<p>In India, there are several inactive savings and current accounts. A sum in an account is regarded as an unclaimed deposit after ten years of inactivity. The same holds true for recurrent and fixed deposits that are not reclaimed within ten years of maturity.</p>

<p>Banks transfer these unclaimed deposits to the Depositor Education and Awareness Fund, which is managed by the RBI.</p>

<p>Although the depositor can go to a bank to retrieve these deposits with interest, the process can be complicated by the decision of which bank to go to and how many banks.</p>

<p>Since visiting each bank and completing the paperwork for each family member can be tedious, RBI has initiated the UDGAM platform, allowing users to search for unclaimed deposits across banks.</p>

<p>Presently, India has unclaimed deposits worth Rs 35,000 crore. RBI’s initiative should ensure awareness about such deposits and provide clarity on how the depositor can make their claims.</p>

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The governor of the Reserve Bank of India (RBI) on Thursday, has unveiled UDGAM (Unclaimed Deposits - Gateway to Access information), a centralised web service that allows users to “search their unclaimed deposits across numerous institutions at one place.

The governor of the Reserve Bank of India (RBI) on Thursday, has unveiled UDGAM (Unclaimed Deposits - Gateway to Access information), a centralised web service that allows users to “search their unclaimed deposits across numerous institutions at one place.” “This portal has been developed by RBI for use by members of public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place,” RBI said in a press release. As part of the Statement on Developmental and Regulatory Policies dated April 6, 2023, RBI had announced the creation of a centralised web facility for locating unclaimed deposits. “Given the increasing trend in the amount of unclaimed deposits, RBI has been undertaking public awareness campaigns from time to time to sensitise the public on this matter. Further, through these initiatives, the RBI has been encouraging members of public to identify and approach their respective banks for claiming unclaimed deposits,” the banking regulator said. According to RBI, the web portal would help customers find their unclaimed deposits and accounts so they may either submit a claim for the deposit amount or activate their deposit accounts at their respective banks. The platform was created in partnership by participating banks, Indian Financial Technology & Allied Services (IFTAS), and Reserve Bank Information Technology Pvt Ltd (ReBIT). Users will initially have access to information about their unclaimed deposits from the seven banks now represented on the portal. State Bank of India, Punjab National Bank, Central Bank of India, Dhanlaxmi Bank Ltd, South Indian Bank Ltd, DBS Bank India Ltd, and Citibank N.A. are the seven banks. RBI said that the search facility for other banks would be made available gradually by October 15, 2023. What are unclaimed deposits? In India, there are several inactive savings and current accounts. A sum in an account is regarded as an unclaimed deposit after ten years of inactivity. The same holds true for recurrent and fixed deposits that are not reclaimed within ten years of maturity. Banks transfer these unclaimed deposits to the Depositor Education and Awareness Fund, which is managed by the RBI. Although the depositor can go to a bank to retrieve these deposits with interest, the process can be complicated by the decision of which bank to go to and how many banks. Since visiting each bank and completing the paperwork for each family member can be tedious, RBI has initiated the UDGAM platform, allowing users to search for unclaimed deposits across banks. Presently, India has unclaimed deposits worth Rs 35,000 crore. RBI’s initiative should ensure awareness about such deposits and provide clarity on how the depositor can make their claims. WATCH WION LIVE HERE

RBI launches UDGAM, a web portal for locating unclaimed deposits across various banks

India is set to make history. With the launch of the country's third moon mission. Chandrayaan-3 is heading towards the moon. But how much do these moon missions cost?

Chandrayaan-3:  The cost of ISRO's Chandrayaan missions compared

On Inside South Asia with Dasuni Athauda: -'Democracy, Demography, Diversity': 76 years of independent India -Pakistan at 76: Political turmoil in the country continues -Second anniversary of Taliban 2.0: Afghanistan pushed back into an abyss -North India Monsoon Horrors continue -Snake boat race - an iconic Kerala event

India and Pak 76: Two nations, two contrasting journeys

Chandrayaan-3: Lunar lander Vikram undergoes first successful debossing

The Kashmir government plans to implement a new export policy in the state that will boost the export of the Kashmiri Saffron. The state government has shortlisted 60 countries where the demand for Kashmiri saffron is good.

India: Kashmir govt to introduce new export policy to boost export of saffron

Russian President Vladimir Putin and his Iranian counterparts Ebrahim Raisi discussed Iran's BRICS membership on a phone call. This comes ahead of a meet where Brazil, Russia, India, China and South Africa will discuss possible expansion.

Russia President Vladimir Putin & Iranian President Ebrahim Raisi discuss BRICS membership

<p>India and Taiwan are expected to sign a migration and mobility pact in October strengthening ties between the two&nbsp;sides. The landmark agreement is expected to foster greater people-to-people engagement and facilitate smoother migration between the two nations. The semiconductor industry has emerged as a pivotal area of cooperation, with India seeking to establish a chip manufacturing industry and Taiwan possessing the requisite expertise.</p>

<p>The forthcoming mobility pact holds the potential to significantly increase the influx of Indians into Taiwan. India has previously entered into Migration and Mobility pacts with countries such as France, the UK and Germany, and plans are underway for a similar pact with Italy. The pact, intended to promote the mobility of students, professionals, skilled workers, researchers, and academics, has also been designed to harness India's demographic dividend.</p>

<p>While the talks on signing the pact are underway, the development comes at a time when Taiwan plans to bolster its diplomatic presence in India. The Taipei Economic and Cultural Center (TECC) is set to be inaugurated in Mumbai during the fourth quarter of this year. The TECC will serve as a focal point for enhancing exchanges and collaboration between the two countries. It will offer visa services, document authentication, and emergency assistance, catering to businesspeople, tourists, and Taiwanese nationals across multiple Indian states, especially western states.</p>

<p>Taiwan's investment and business presence in India has been steadily growing. Notably, about 60 per cent&nbsp;of Taiwanese companies that have invested in India and established factories in the country have chosen locations in southern India. The economic collaboration between India and Taiwan has flourished in sectors such as trade, investment, and industry. Bilateral trade has experienced a remarkable surge, increasing from USD 1.19 billion in 2001 to nearly USD 7.7 billion in 2021. With 106 Taiwanese companies currently operating in India, investments amounting to USD 1.5 billion have been made across various sectors, including information technology, medical devices, and automobile components.</p>

<p>This development is occurring against the backdrop of strained India-China relations due to Beijing's aggrieve actions in Ladakh and Arunachal Pradesh. Since the Galwan incident of 2020 in which India lost its soldiers due to aggressive acts by Chinese forces, ties between the two countries have been badly impacted. Tensions have further escalated as China continues to assert territorial claims over the Indian state of Arunachal Pradesh.</p>

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India and Taiwan are expected to sign a migration and mobility pact in October strengthening ties between the two sides. The landmark agreement is expected to foster greater people-to-people engagement and facilitate smoother migration between the two nations.

India and Taiwan are expected to sign a migration and mobility pact in October strengthening ties between the two sides. The landmark agreement is expected to foster greater people-to-people engagement and facilitate smoother migration between the two nations. The semiconductor industry has emerged as a pivotal area of cooperation, with India seeking to establish a chip manufacturing industry and Taiwan possessing the requisite expertise. The forthcoming mobility pact holds the potential to significantly increase the influx of Indians into Taiwan. India has previously entered into Migration and Mobility pacts with countries such as France, the UK and Germany, and plans are underway for a similar pact with Italy. The pact, intended to promote the mobility of students, professionals, skilled workers, researchers, and academics, has also been designed to harness India's demographic dividend. While the talks on signing the pact are underway, the development comes at a time when Taiwan plans to bolster its diplomatic presence in India. The Taipei Economic and Cultural Center (TECC) is set to be inaugurated in Mumbai during the fourth quarter of this year. The TECC will serve as a focal point for enhancing exchanges and collaboration between the two countries. It will offer visa services, document authentication, and emergency assistance, catering to businesspeople, tourists, and Taiwanese nationals across multiple Indian states, especially western states. Taiwan's investment and business presence in India has been steadily growing. Notably, about 60 per cent of Taiwanese companies that have invested in India and established factories in the country have chosen locations in southern India. The economic collaboration between India and Taiwan has flourished in sectors such as trade, investment, and industry. Bilateral trade has experienced a remarkable surge, increasing from USD 1.19 billion in 2001 to nearly USD 7.7 billion in 2021. With 106 Taiwanese companies currently operating in India, investments amounting to USD 1.5 billion have been made across various sectors, including information technology, medical devices, and automobile components. This development is occurring against the backdrop of strained India-China relations due to Beijing's aggrieve actions in Ladakh and Arunachal Pradesh. Since the Galwan incident of 2020 in which India lost its soldiers due to aggressive acts by Chinese forces, ties between the two countries have been badly impacted. Tensions have further escalated as China continues to assert territorial claims over the Indian state of Arunachal Pradesh. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

India and Taiwan set to sign mobility pact in October, enhancing people-to-people engagement

In the latest, Chandrayaan-3's Lander has detached from the Propulsion module. The Lander's next task is to make a safe landing on the moon. What are the payloads on the Lander? Molly Gambhir brings you a report.

Gravitas: Chandrayaan-3's Lander detaches from the propulsion module

India is advancing its drone technologies, the government is focusing on innovative technologies from the private sphere as well to assist the Defence Forces of India and soon first common testing centre for drones will prove that centre would be set up in the South Indian state of Tamil Nadu.

India first common testing centre for drones, to come up in Sipcot Industrial Park

Scheduled from September 6th to 7th, this visit will be Prime Minister Modi's second trip to Indonesia within a year, his prior presence being in November 2022 at the G20 summit in Bali. Notably, the visit will happen just a day before New Delhi hosts the annual G20 summit from September 9th-10th.

Indian PM Modi to travel to Indonesia in the first week of September

The supreme court of India has prepared a handbook on combating gender stereotypes. It contains a glossary of gender unjust terms and suggests alternative words and phrases. As soon as a 5-judge bench assembled to hear the pleas challenging the abrogation of article 370 of the constitution, the chief justice of India announced unveiling of the handbook. Words like eve-teasing, prostitute, and housewife may soon be out of the legal lexicon; and will be replaced by terms like street sexual harassment, sex worker and homemaker.

Sex worker in place of prostitute; Words like housewife may soon be out of Indian legal lexicon

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