
Cricket, house parties: US Commerce Secretary recalls India visits amid trade talks
US Commerce Secretary Howard Lutnick expressed his love and admiration for India, saying that he enjoyed his trips to the country, playing cricket, and "just having fun." "I wasn't the classic American looking at it from the outside," Lutnick said, with the India-US trade deal in the works."One of my best friends, Nikesh Aurora, is Indian... When I would go to India, we'd go to house parties, we played cricket, we just had fun, and it's a different perspective. I am a great fan of India, and even the people in the government know that that's true," Lutnick said, speaking at the eighth edition of the US-India Strategic Partnership Forum in Washington, DC, on Monday. advertisementHowever, Lutnick said that even though he was a "great fan" of India, he wanted the duty on American goods to be lowered, as he felt New Delhi's use of tariffs was concerning.
"Bringing them down to a level that is reasonable and appropriate so we can be great trading partners with each other, I think is absolutely on the table," he said.Lutnick said he was optimistic that both countries will strike a trade deal before Trump's July 9 deadline kicks in.Expressing confidence over a favourable trade deal for both countries, Lutnick said, "You should expect a deal between the United States and India in the not-too distant future."Lutnick's remarks come in the backdrop of India seeking complete exemption from the additional 26 per cent levy imposed by US on its goods as both sides race to chalk out an interim trade deal before Trump's deadline.advertisementThe additional tariff of 26 per cent has currently been paused until July 9, while the baseline tariff of 10 per cent on Indian imports still remains in place.
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Time of India
19 minutes ago
- Time of India
Campus crackdown: US education department threatens Columbia University's accreditation; cites antisemitism concerns
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The Print
26 minutes ago
- The Print
Alternative to choke points, IMEC strategic necessity for India in changing world order—MEA
'Historical choke points like Gibraltar, the Malacca Strait, Panama Canal, and the Red Sea have shown us that disruption is inevitable when access is concentrated [at specific points],' he said, adding that the IMEC offered a necessary alternative in an increasingly uncertain global landscape. Speaking at the Chintan Research Foundation-hosted IMEC conference in New Delhi on Wednesday, Ravi highlighted how global crises, such as the Russia-Ukraine war, had exposed critical vulnerabilities in existing supply chains. New Delhi: The government sees the India-Middle East-Europe Economic Corridor (IMEC) as a strategic imperative for its future economic and geopolitical ambitions, said Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs (MEA). 'IMEC is the starting point for India. On the western front, it starts from India, [then] UAE, Saudi, Jordan, Israel, Greece [France and Italy]—there are seven important countries here,' he said. 'On the eastern front is the trilateral island, so you have India, Myanmar, Thailand, and connecting to ASEAN. These are very important. Actually, from a strategic point of view, IMEC is very critical for India.' Strategic necessity in a changing world India's economic aspirations, a projected $30 trillion GDP by 2047, require robust external connectivity, said Ravi. The economic secretary also argued that corridors such as IMEC, as well as the Trilateral Highway, would be vital to support India's industrial ambitions. 'We are at just three percent of global manufacturing compared to China's 30 percent. As we scale up, these corridors will become essential platforms for trade and supply chains,' he added. Also Read: IMEC a 'channel of peace' says Greek minister, plays up growing ties with 'inviolable partner' India India's digital & infrastructure advantage Ravi laid his emphasis on India's competitive edge in building low-cost infrastructure, including ports, highways, railways, and airports, alongside its pioneering Digital Public Infrastructure (DPI). 'Digitally connecting IMEC is a first-mover opportunity for India,' he said. 'These are low-cost, scaleable solutions we can lead.' He argued that IMEC would not be just a trade route but a multimodal economic corridor, integrating energy grids, digital systems, and transport infrastructure. 'It is a chance to bring in investment and boost manufacturing along the corridor and expand markets into the hinterland.' While countries such as China have advanced the Belt and Road Initiative (BRI) through centralised control and $1 trillion investment in deep funds, democracies must navigate a slower, consensus-driven process, Ravi said, noting under-development models like EU's Global Gateway Forum and the US-led Global Partnership for Infrastructure Investment. 'Democracies debate, deliberate, and move slower, but collaboration is our strength,' Ravi said, calling for a multilateral approach to IMEC. He floated the idea of an IMEC Fund to support execution over time and proposed the creation of an IMEC Secretariat to ensure coordination, timelines, and project continuity. Geopolitical hurdles & role of diplomacy Ravi acknowledged the geopolitical headwind facing the project—from sanctioned Russia and Iran to politically unstable Myanmar. 'These are challenges we must engage with diplomatically. Every participating country's foreign office needs to be actively involved,' he said. He also warned against internal economic resistance, urging Indian industries to see the corridor as an opportunity, not a threat. 'We will need to build narratives that reassure domestic players while keeping the long-term benefits in view. Also, you need a Secretariat for the IMEC. You need to have a coordinating mechanism, without which you will not be able to have timelines, and you will not be able to fulfil your objectives with clarity, ' he added. In conclusion, Ravi positioned IMEC not as a competitor to existing trade routes such as the Suez Canal but as a complementary system. 'Multiple routes mean greater resilience. IMEC is not about replacing but expanding global trade possibilities,' he said, adding that one should not see IMEC 'as a competitor to the Suez Canal; rather, it is a complementary trade route'. (Edited by Madhurita Goswami) Also Read: Global trade needs IMEC. Not just India-Europe, it'll boost markets in Middle East too


The Print
26 minutes ago
- The Print
Zelenskyy calls for meeting with Trump, Putin & Erdogan as Istanbul ceasefire talks fail a 2nd time
'We will be grateful if President Trump supports such an idea. I am confident President Erdogan will support. He told me during our meeting that he wanted a meeting of four leaders. President Erdogan, President Trump, me, and Putin. We are ready for such a meeting on any day,' added the Ukrainian President. In a statement on X, Zelenskyy said, 'We are ready for the leaders' meeting. Any place. Istanbul, Vatican, Switzerland. We propose a meeting starting Monday and further. A ceasefire before is important. When we meet it will become clear if there is will for deescalation. If no, the ceasefire will end on the same day.' New Delhi: Ukrainian President Volodmyr Zelenskyy Wednesday called for a meeting between him, Russian President Vladimir Putin, US President Donald Trump and Turkish President Recep Tayyip Erdogan to broker an end to the Russia-Ukraine war, as ceasefire talks in Istanbul failed for a second time. The Ukrainian president made the comments a day after interlocutors from Kyiv and Moscow met at Istanbul. At the 2 June meeting, the two sides agreed to exchange the bodies of 12,000 fallen soldiers and severely wounded prisoners of war. However, there was no agreement on a ceasefire. This was the second meeting between the two countries in Istanbul. US President Trump has been urging both sides to agree to a ceasefire, applying pressure on Kyiv in particular to ensure such an agreement is reached. The two sides met in the Turkish capital in May as well but there was no agreement on a ceasefire. Russia handed over a 'memorandum' to Kyiv during the 2 June meeting in Istanbul, outlining its demands to resolve the conflict, which includes the recognition of five Ukrainian territories it has partially occupied since the war began as a part of Russia, along with the withdrawal of Ukrainian troops from these territories. I spoke with media on the day of remembrance for Ukrainian children killed by Russia. In Istanbul, Russians gave us an ultimatum, not a 'memorandum'. Peace requires a meeting of leaders. I am ready to meet in the coming days with Putin, as well as presidents Trump and Erdogan. — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) June 4, 2025 The other demands include the abandoning of Ukraine's aspirations of joining the North Atlantic Treaty Organisation (NATO), as well as a demobilisation of the Ukrainian armed forces. Russia called on Ukraine to retain its neutrality, and terminate some of its international agreements. The territories Russia has called to be internationally recognised as Russian territory are: Luhansk, Donetsk, Kherson, Zaporizhzhia and Crimea. The war has been ongoing for more than three years. It began in February 2022 with Russia launching a full scale military operation on Ukraine. Also Read: Ukraine's Op Spider's Web shows novel drone tactics, offers lessons for India's modern warfare Russian memorandum rejected by Ukraine Zelenskyy rejected all Russian demands Wednesday. The Ukrainian President called the memorandum shared by Russia as an 'ultimatum', while asserting that Moscow is not interested in 'deescalation' of the conflict. 'Why I call what they gave us an ultimatum? Go no further than the first point: international recognition of five Ukrainian regions as Russian and the withdrawal of Ukrainian forces from them. Absolute ultimatum. Contradicts the UN Charter, Ukraine's Constitution, and basic logic,' Zelenskyy said. The Ukrainian president added, 'On NATO. Our document that we passed to the Russians clearly states that Ukraine's membership is a matter for all NATO allies to decide. They need to have unity both to invite us and also to decide not to invite us to NATO. Such decisions are also made by consensus of all allies.' Zelenskyy referred to further demands from Russia as either 'spam' or 'useless items'. He also called for sanctions on Moscow, given there is no interest for a ceasefire emanating from the Kremlin. The Ukrainian president called for the meetings between leaders as the current level of the delegation representing Moscow 'does not decide anything', a fact shared by the delegation itself, according to Zelenskyy. The 2 June meet in Istanbul came a day after Operation Spiderweb was launched by the Ukrainian forces, which struck at multiple airbases deep inside Russia, destroying a number of Tu-95 and Tu-22 strategic bombers, as well as A-50 airborne radar and command planes. Ukraine claims it destroyed at least 41 military aircraft. Russian leaders, including former President Dmitry Medvedev, have vowed 'retribution' for the attack by Kyiv, which included the use of 117 drones, including 34 which were smuggled into Russia, in a maneuver reminiscent of the Trojan Horse, from Greek mythology. 'Had there been a ceasefire before our operation, there'd be no operation. Wanting a ceasefire doesn't mean we do nothing in the meantime,' Zelenskyy said on Operation Spiderweb. Ukraine has been clear that there will be no compromise on its territory and that it will retain the right to foreign policy choices as a sovereign country. In an exclusive interview with ThePrint earlier this year, Foreign Minister Andriy Sybiha made it clear that these are 'the red-lines' for Kyiv. (Edited by Ajeet Tiwari) Also Read: How global & Russian media reported on Ukraine's Op Spiderweb, drone strikes on Russia's key airbases