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Strategic partnership to FTA: 7 things that have define India-UK ties under PM Modi
Strategic partnership to FTA: 7 things that have define India-UK ties under PM Modi

First Post

time23-07-2025

  • Business
  • First Post

Strategic partnership to FTA: 7 things that have define India-UK ties under PM Modi

India-UK relations have deepened under PM Modi through a strategic roadmap, growing trade and investment, an impending FTA, enhanced defence and tech cooperation, educational partnerships, healthcare workforce ties and sustained political engagement, laying the foundation for a comprehensive and future-ready partnership. read more From a shared colonial past to a dynamic, forward-looking partnership, India-UK relations have undergone a strategic transformation under Prime Minister Narendra Modi's leadership. In recent years, bilateral ties have evolved beyond symbolism with concrete progress across trade, defence, education and technology. Here are seven key developments that have defined India-UK relations during Modi's tenure. Strategic partnership and Roadmap 2030 India and the UK elevated their bilateral ties to a Comprehensive Strategic Partnership in 2021, guided by the ambitious Roadmap 2030 which covers cooperation across trade, defence, education, health and climate action. High-level political engagement has underpinned this partnership with frequent meetings between Prime Minister Modi and UK counterparts including Boris Johnson, Rishi Sunak, and Keir Starmer. Other key engagements include President Droupadi Murmu's visit to London for Queen Elizabeth II's funeral, Vice President Jagdeep Dhankhar's attendance at King Charles III's coronation and PM Modi's meetings with UK leaders during G7 and G20 summits. Speaker Om Birla also visited the UK in January 2025 further strengthened parliamentary exchanges. STORY CONTINUES BELOW THIS AD Free Trade Agreement in focus India and the UK have long maintained strong economic ties, underpinned by institutional mechanisms like the India-UK Joint Economic and Trade Committee (JETCO) and the Economic and Financial Dialogue (EFD). These forums have facilitated deeper trade and financial cooperation. A major milestone was the conclusion of the India-UK Free Trade Agreement (FTA) and a 'Double Taxation Avoidance Convention' in May 2025 after three years of negotiations. The FTA, one of India's most comprehensive covers 26 chapters including goods, services, digital trade, IPR and labour standards. Bilateral trade reached £43 billion in 2024, with the UK being the 6th largest investor in India (FDI of $35 billion) and nearly 1,000 Indian firms operating in the UK. The Indian diaspora and corporate presence in both countries have further bolstered this growing economic partnership. Bilateral trade crosses $55 billion Trade volumes between the two nations have seen remarkable growth. By 2024, bilateral trade surpassed $55 billion, driven by growing demand for Indian goods and services in the UK and rising British exports to India. Both countries have also committed to increasing trade by investing in innovation, digitalisation, and sustainable practices. Robust investment flows The UK remains a major foreign investor in India with cumulative FDI exceeding $36 billion. British firms have expanded operations in India's manufacturing, services and fintech sectors. Conversely, over 1,000 Indian companies now operate in the UK, creating jobs and contributing majorly to the British economy. The presence of Indian firms like Tata, Infosys and Wipro in the UK showcases the depth of this economic engagement. Defence and technology cooperation India and the UK share a broad defence relationship encompassing joint military exercises, defence technology cooperation, defence education, procurement and promotion of the Make in India initiative. Key joint exercises include Exercise Konkan 2023 (naval), Cobra Warrior 2023 (air), Ajeya Warrior 2023 (army), and participation in Tarang Shakti 2024. Regular exchanges of subject matter experts further strengthen operational synergy. In science and innovation, the UK has become India's second-largest international research partner with joint projects worth £300–400 million. During the India-UK Science and Innovation Council (SIC) held in April 2023, both sides signed MoUs in cutting-edge areas such as quantum tech, AI, clean energy and pandemic preparedness. The two countries also launched the India-UK Net Zero Innovation Virtual Centre, focused on industrial decarbonisation and green hydrogen solutions. India was recognised as a partner country under the UK's International Science Partnership Fund, extending the legacy of the Newton-Bhabha partnership. Health and education Health cooperation between India and the UK gained momentum during the COVID-19 pandemic, particularly through the AstraZeneca–Serum Institute of India vaccine partnership, which highlighted the countries' joint capability in addressing global health challenges. In 2022, both governments signed the India-UK Framework Agreement for Collaboration on Health Care Workforce, facilitating training and recruitment of Indian nurses and healthcare professionals. By 2023, over 60,000 Indians were working in the UK's NHS, making them the second-largest nationality group after British citizens. In education, bilateral ties have deepened through growing student exchanges and institutional collaborations. Nearly 170,000 Indian students are currently studying in the UK, supported by increased visa issuances. The UK has also begun to invest directly in India's higher education ecosystem, with the University of Southampton opening a campus in Gurugram, the first under India's New Education Policy (NEP). People-to-people ties People-to-people linkages have flourished, aided by the Migration and Mobility Partnership (MMP) and the Young Professional Scheme, which allows youth from both countries to live and work for up to two years. The Indian diaspora, numbering over 1.6 million in the UK, continues to act as a cultural and economic bridge.

LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization
LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

Business Insider

time26-04-2025

  • Business
  • Business Insider

LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization Vaduz, Liechtenstein, April 26, 2025 -- LCX, the regulated crypto exchange based in Liechtenstein, is stepping into a new chapter with the release of Roadmap 2030, a long-term vision to shape the future of digital finance. This strategy outlines LCX's commitment to building an open, trustworthy, and accessible token economy powered by secure infrastructure, innovation, and regulation. Exchange V3: The New Trading Experience A significant milestone in the roadmap will be the launch of Exchange V3, LCX's most important trading platform upgrade. Designed to serve beginners and experienced traders, Exchange V3 aims to deliver a smarter, faster, and more intuitive trading experience. Planned features include a redesigned user interface, enhanced security measures, and the introduction of advanced instruments such as CFDs, futures, and margin trading, all developed with LCX's regulatory-first approach at the core. Global Expansion Plans: US, Middle East, and Asia LCX is preparing to expand its operations into the United States, the Middle East, and Asia, bringing regulated and compliant digital asset services to new markets. In a landscape where trust is essential, LCX's expansion highlights its commitment to setting high standards for transparency, compliance, and accessibility in the crypto space. End-to-End Tokenization Framework In the years ahead, LCX will continue building and rolling out its end-to-end tokenization framework, enabling the secure digitization of real-world assets on the blockchain. This infrastructure will support LCX's offerings and external partnerships, creating a regulated gateway to tokenized real-world value. A major highlight of this effort will be the introduction of three utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These tokens will be launched based on the specifications published in LCX's official white papers. Built on Growth, Powered by Trust With a rapidly growing user base of over 250,000 active users and over $17.5 billion in trading volume in 2024, LCX is positioning itself for the next growth phase. Roadmap 2030 reflects a future built on trust, transparency, and technology, an infrastructure designed to redefine what digital finance can become. 'As regulation becomes a priority and institutions move in, the need for secure, scalable, and trusted infrastructure is more important than ever,' said Monty Metzger, CEO of LCX. 'That's exactly what we're building, not just for today, but for the decade ahead.' Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158612 In the event of encountering any errors, concerns, or inconsistencies within the content shared in this press release, we kindly request that you immediately contact us at error@ (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will be readily accessible to address your feedback within 8 hours and take appropriate measures to rectify any identified issues or facilitate press release takedowns. Ensuring accuracy and reliability are central to our commitment.

LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization
LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

Associated Press

time26-04-2025

  • Business
  • Associated Press

LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization Vaduz, Liechtenstein, April 26, 2025 -- LCX, the regulated crypto exchange based in Liechtenstein, is stepping into a new chapter with the release of Roadmap 2030, a long-term vision to shape the future of digital finance. This strategy outlines LCX's commitment to building an open, trustworthy, and accessible token economy powered by secure infrastructure, innovation, and regulation. Exchange V3: The New Trading Experience A significant milestone in the roadmap will be the launch of Exchange V3, LCX's most important trading platform upgrade. Designed to serve beginners and experienced traders, Exchange V3 aims to deliver a smarter, faster, and more intuitive trading experience. Planned features include a redesigned user interface, enhanced security measures, and the introduction of advanced instruments such as CFDs, futures, and margin trading, all developed with LCX's regulatory-first approach at the core. Global Expansion Plans: US, Middle East, and Asia LCX is preparing to expand its operations into the United States, the Middle East, and Asia, bringing regulated and compliant digital asset services to new markets. In a landscape where trust is essential, LCX's expansion highlights its commitment to setting high standards for transparency, compliance, and accessibility in the crypto space. End-to-End Tokenization Framework In the years ahead, LCX will continue building and rolling out its end-to-end tokenization framework, enabling the secure digitization of real-world assets on the blockchain. This infrastructure will support LCX's offerings and external partnerships, creating a regulated gateway to tokenized real-world value. A major highlight of this effort will be the introduction of three utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These tokens will be launched based on the specifications published in LCX's official white papers. Built on Growth, Powered by Trust With a rapidly growing user base of over 250,000 active users and over $17.5 billion in trading volume in 2024, LCX is positioning itself for the next growth phase. Roadmap 2030 reflects a future built on trust, transparency, and technology, an infrastructure designed to redefine what digital finance can become. 'As regulation becomes a priority and institutions move in, the need for secure, scalable, and trusted infrastructure is more important than ever,' said Monty Metzger, CEO of LCX. 'That's exactly what we're building, not just for today, but for the decade ahead.' Contact Info: Name: Tanushree Pathak Email: Send Email Organization: LCX Media Relations Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158612 If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.

From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization
From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

Associated Press

time25-04-2025

  • Business
  • Associated Press

From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization

From the Heart of Europe: LCX Unveils Bold 2030 Roadmap for Global Growth and End-to-End Real-World Tokenization Vaduz, Liechtenstein, April 25, 2025 -- LCX, the regulated crypto exchange based in Liechtenstein, is stepping into a new chapter with the release of Roadmap 2030, a long-term vision to shape the future of digital finance. This strategy outlines LCX's commitment to building an open, trustworthy, and accessible token economy powered by secure infrastructure, innovation, and regulation. Exchange V3: The New Trading Experience A significant milestone in the roadmap will be the launch of Exchange V3, LCX's most important trading platform upgrade. Designed to serve beginners and experienced traders, Exchange V3 aims to deliver a smarter, faster, and more intuitive trading experience. Planned features include a redesigned user interface, enhanced security measures, and the introduction of advanced instruments such as CFDs, futures, and margin trading, all developed with LCX's regulatory-first approach at the core. Global Expansion Plans: US, Middle East, and Asia LCX is preparing to expand its operations into the United States, the Middle East, and Asia, bringing regulated and compliant digital asset services to new markets. In a landscape where trust is essential, LCX's expansion highlights its commitment to setting high standards for transparency, compliance, and accessibility in the crypto space. End-to-End Tokenization Framework In the years ahead, LCX will continue building and rolling out its end-to-end tokenization framework, enabling the secure digitization of real-world assets on the blockchain. This infrastructure will support LCX's offerings and external partnerships, creating a regulated gateway to tokenized real-world value. A major highlight of this effort will be the introduction of three utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These tokens will be launched based on the specifications published in LCX's official white papers. Built on Growth, Powered by Trust With a rapidly growing user base of over 250,000 active users and over $17.5 billion in trading volume in 2024, LCX is positioning itself for the next growth phase. Roadmap 2030 reflects a future built on trust, transparency, and technology, an infrastructure designed to redefine what digital finance can become. 'As regulation becomes a priority and institutions move in, the need for secure, scalable, and trusted infrastructure is more important than ever,' said Monty Metzger, CEO of LCX. 'That's exactly what we're building, not just for today, but for the decade ahead.' Contact Info: Name: Tanushree Pathak Email: Send Email Organization: LCX Media Relations Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158602 In case of detection of errors, concerns, or irregularities in the content provided in this press release, or if there is a need for a press release takedown, we strongly encourage you to reach out promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for immediate assistance within 8 hours – resolving identified issues diligently or guiding you through the removal process. We take great pride in delivering reliable and precise information to our valued readers.

Decatur plans burn at sediment basin
Decatur plans burn at sediment basin

Yahoo

time17-03-2025

  • Climate
  • Yahoo

Decatur plans burn at sediment basin

DECATUR, Ill. (WCIA) — The City of Decatur is alerting residents to a prescribed burn that will happen on Monday. The City took to Facebook Sunday evening to announce that the prescribed burn would be at Oakley Sediment Basin. They added that residents may see thick black smoke in Oakley, between Angle Crossing Road and Kitchen Road. Roadmap 2030 project has Decatur teachers worried The burn will be completed by 'trained and experienced professionals,' according to the City. It's being done to manage the vegetation at the basin, and to reduce the amount of fuel in the area for a potential wildfire. The City also said that residents should not be concerned about hazardous materials at this site. Depending on weather conditions, the burn will begin late morning and finish up in the afternoon. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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