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[9] [10] This extension of the Indian Ocean strategy further east to the Indo-Pacific first took place when the Prime Minister had said during the 2018 Shangri-La Dialogue, "Three years ago, in Mauritius, I described our vision in one word – Sagar, which means ocean in Hindi. And, Sagar stands for Security and Growth for All in the Region and ...
On 20 March 2023, Kishida, who visited New Delhi, India, delivered a policy speech entitled "the Future of the Indo-Pacific—Japan's New Plan for a `Free and Open Indo-Pacific'– `Together with India, as an Indispensable Partner'" at the Indian Council of World Affairs (ICWA), announcing Japan's new plan for a "Free and Open Indo-Pacific (FOIP)".
The Trust invests in the markets of the Asia Pacific region (excluding Japan) and of the Indian Sub-continent. [1] The Trust is managed by Baillie Gifford, an Edinburgh-based investment management partnership. [2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [3]
The Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by U.S. President Joe Biden on May 23, 2022. [ 1 ] [ 2 ] The framework launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.
On 26 August 2021, PFRDA increased the entry age for the National Pension System (NPS) from 65 years to 70 years. As per the revised norms, any Indian Citizen, resident or non-resident, and Overseas Citizen of India (OCI) between the age of 18–70 years can join NPS and continue or defer their NPS Account up to the age of 75 years. [6]
Prime Minister of India, Narendra Modi chose to visit Fiji soon after democracy was re-established in the island country after 8 years. There apart from bilateral meeting, he also met heads of state/government from 14 pacific island states to enhance India's engagement in the region and proposed a 'Forum for India–Pacific Islands Cooperation' (FIPIC) be held on a regular basis. [1]
The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.
India's southernmost territory of Andaman and Nicobar Islands lies close to Aceh province of Indonesia, an area which is an important global trade route. In May 2018, "Shared Vision of Maritime Cooperation in the Indo Pacific" agreement was signed when Indian Prime Minister Narendra Modi visited Indonesia.