Backchod Indian

  India is set to export its indigenously developed BrahMos supersonic cruise missiles to Vietnam and Indonesia in deals valued at over $450 million.  The agreements mark a major boost to India’s defence exports and deepen strategic ties with key Southeast Asian nations. The move also highlights India’s growing role as a reliable defence partner in the Indo-Pacific, strengthening regional security cooperation while showcasing the global appeal of the BrahMos missile system.

  In a landmark development in the realm of global economics, India and Indonesia have taken a bold step forward by signing a historic agreement to conduct bilateral trade using their respective national currencies — the Indian Rupee (INR) and the Indonesian Rupiah (IDR). This significant move marks a departure from the traditional reliance on international currencies such as the US dollar for trade transactions between the two nations. The decision to opt for bilateral trade in Rupees and Rupiah underscores a strategic shift in economic diplomacy and signals a deepening of economic ties between India and Indonesia. By sidestepping the use of a third-party currency, both countries aim to reduce transaction costs and mitigate the risks associated with currency fluctuations, thus fostering a more stable and predictable trading environment. The agreement holds immense promise for bolstering bilateral trade volumes and diversifying the trade basket between India and Indonesia. With the...

  In a resounding testament to India’s commitment to fostering regional cooperation and its undeniable presence on the global stage, Prime Minister Narendra Modi embarked on a historic journey to Indonesia for the 20th ASEAN-India Summit. This visit underscored the pivotal role India plays in shaping the geopolitics of Southeast Asia and beyond. The ASEAN-India Summit, a platform for dialogue and collaboration between the Association of Southeast Asian Nations (ASEAN) and India, has been a vital avenue for strengthening political, economic, and cultural ties among the member states. Prime Minister Modi’s presence at the summit reinforced India’s dedication to this partnership and its role as a significant player in the Indo-Pacific region. One of the key highlights of the visit was the discussion on enhancing economic cooperation. Trade between India and ASEAN has been steadily growing, and both sides see immense potential for further expansion. The signing of the ASEAN-India Free...