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<ul class="summary-list"><li>The relationship between Trump and Putin has long been a source of controversy.</li><li>Analysts say Trump could broker a Ukraine peace deal on terms favorable to Russia.</li></ul>With only a month to go before the presidential election, <a target="_blank" class="" href="https://www.businessinsider.com/trump-touts-russia-army-history-justify-deal-putin-over-ukraine-2024-9">Donald Trump's relationship with Russian President Vladimir Putin</a> has once again come under the spotlight.In a forthcoming book, journalist <a target="_blank" rel="" class="" href="https://www.businessinsider.com/bob-woodward-trump-unparalleled-danger-democracy-president-2022-10">Bob Woodward</a> says that the former president and Putin have a closer friendship than previously known.According to <a target="_blank" class="" href="https://www.businessinsider.com/trump-putin-woodward-book-secret-covid-tests-seven-calls-2024-10">excerpts</a> published by CNN and the Washington Post on Tuesday, Trump sent Putin COVID testing devices in early 2020 for his personal use.The book also says that Trump may have had up to seven phone calls with Putin since leaving office in 2021, citing a Trump aide.The Trump campaign denied the report, with spokesman Steve Cheung claiming it is "the work of a truly demented and deranged man who suffers from a debilitating case of Trump Derangement Syndrome."The Kremlin on Tuesday<a target="_blank" class="" href="https://www.nbcnews.com/news/world/donald-trump-vladimir-putin-covid-testing-devices-phone-calls-kremlin-rcna174632"> said </a>that Russia received the COVID-19 testing kits, though added that Russia sent kits to the US in return. It denied <a target="_blank" class="" href="https://www.businessinsider.com/kremlin-says-trump-sent-putin-covid-tests-pandemic-denies-calls-2024-10">the seven calls that Woodward said Trump had with Putin.</a>While speculation and criticism about Trump's relationship with Russia's autocratic leader are nothing new, they are taking on a new significance amid the possibility of a second Trump presidency.<h2 id="ca1622e9-b987-46c8-878b-d263ec452e14">The Trump-Putin relationship</h2>Only weeks before Trump took office after his presidential victory, his administration-in-waiting was rocked by the publication of a dossier prepared by a former British spy.The report said that the Kremlin had secured compromising information that it could use to blackmail Trump.Trump's legal team said the dossier contained inaccurate information and that it breached his data protection rights.A subsequent inquiry by Special Counsel Robert Mueller found no evidence of coordination between Putin and the Trump campaign.<div type="image" title="Robert Mueller, who headed the FBI for 12 years, speaks into a microphone." height="2316" width="3500" msid="114090479" hostid="261" sizebytes="235904"></div>Throughout his presidency, however, Trump appeared friendly toward Putin and was reluctant to criticize Russia over reports of interference in the 2016 US presidential election.Trump has continued to praise Putin for being <a target="_blank" rel="" href="https://www.businessinsider.com/trump-praised-smart-putin-us-stupid-country-2022-2">"smart" </a>and<a target="_blank" rel="" href="https://www.businessinsider.com/donald-trump-vladimir-putin-ukraine-invasion-justification-genius-savvy-2022-2"> "genius"</a> after he began his unprovoked invasion of Ukraine."I'd say that's pretty smart. He's taking over a country – really a vast, vast location, a great piece of land with a lot of people, and just walking right in," Trump <a target="_blank" class="" href="https://x.com/american_bridge/status/1496682759208775683?s=21">said</a> in 2022.<h2 id="8940f3b3-81cf-4fcd-b657-4036ec84ba83">A Ukraine deal</h2>The US, under President Joe Biden, has provided billions in aid to Ukraine to battle the invasion launched by Russia in 2022, which the president has characterized<a target="_blank" class="" href="https://www.cbsnews.com/news/biden-normandy-d-day-ukraine-unchecked-tyranny/"> as a fight between</a> the forces of democracy and tyranny.Yet Trump has questioned why the US is helping Ukraine defend itself and had urged Republicans in Congress to block a Ukraine aid bill earlier this year, resulting in Ukraine suffering ammunition shortages.He has claimed that he'd be able to swiftly negotiate a peace deal between Ukraine and Russia if he became president.And though he's offered few details on how, a peace plan suggested by his running mate, JD Vance, on a podcast <a target="_blank" class="" href="https://thehill.com/opinion/international/4884798-the-trump-vance-plan-for-ukraine-is-insane/">in September indicates </a>that it'd involve Ukraine ceding the territory Russia holds and pledging neutrality.Trump could hypothetically compel Ukraine's President Volodymyr Zelenskyy to agree to the deal or face US aid being cut off.Critics say it's a deal that would likely delight the Kremlin and infuriate US allies in Europe and beyond. It could also come back to haunt the US.<h2 id="8ad46fa4-95d4-47d5-919b-551c0fc2121b">There could be catastrophic consequences</h2>Philip Ingram, a former UK military intelligence officer, told Business Insider that a Trump deal with Putin that involved ceding Ukrainian territory could have catastrophic effects."I think if Trump forces Zelenskyy into a peace deal where he has to give up any territory, then that will stimulate the start of World War Three, and it will happen within a relatively short period of time," he said."And the economic impact that that will have across the globe will be enormous."The Ukraine war has already roiled markets for food, oil, gas, and other products, and wider conflict could have an even more devastating impact.Economist Kenneth Rogoff in an article for <a target="_blank" class="" href="https://www.imf.org/en/Publications/fandd/issues/2022/03/the-long-lasting-economic-shock-of-war">The International Monetary Fund</a> warned that the war is worsening "rising inflation, extreme poverty, increasing food insecurity, deglobalization, and worsening environmental degradation."William Pomerantz, an analyst at the Wilson Center in Washington, DC, told BI a deal would hugely damage US alliances."Trump believes that he can end the war in Ukraine in a week, but that would require conceding to all of Putin's demands," he said."That would essentially end our alliance with Europe and our international credibility."<h2 id="62871981-d67f-4884-a229-94adfdbc3ed3">Empowering China</h2>Some Republicans, including Vance, say the US needs to shift its stance away from helping Ukraine battle Russian aggression toward the more urgent threat they say China poses.Yet analysts <a target="_blank" class="" href="https://www.businessinsider.com/vance-trump-wants-us-focus-china-russia-one-big-problem-2024-7">told BI in July </a>that China's threat is closely linked to Russia's, with Putin and fellow Chinese autocrat Xi Jinping having formed a pact to weaken US global dominance.A Russian victory in Ukraine would likely embolden Xi to launch an invasion of US ally Taiwan, said Ingram.<div type="image" title="Vladimir Putin and Xi Jinping talking." height="3452" width="5402" msid="114090480" hostid="261" sizebytes="395676"></div>If Xi believes that the West has "given in" regarding Russia's invasion of Ukraine despite the money and diplomatic effort spent trying to defeat Russia, "we would very quickly see his invasion of Taiwan," he said.European leaders have also issued stark warnings that Russia, emboldened by its territorial victory in Ukraine, could seek to attack a NATO state in as little as five years.Spiralling conflicts in Asia, Europe, and the Middle East would have a devastating economic impact.<a target="_blank" rel="" class="" href="https://markets.businessinsider.com/stocks/jpm-stock">JPMorgan</a> CEO Jamie Dimon warned last month that investors are overlooking geopolitcal tensions as key risk that could significantly weaken the global economy."Geopolitics is getting worse, they are not getting better. There is chance for accidents in energy supply. God knows if other countries get involved. You have a lot of war taking place right now," Dimon told <a target="_blank" rel=" nofollow" class="" href="https://www.cnbc.com/2024/09/24/jpmorgan-ceo-jamie-dimon-warns-geopolitics-is-getting-worse.html">CNBC-TV18</a> during a visit to India.Dimon said that if geopolitical tensions elevate to instability and conflict, it will drag down the stock market in a way that pales in comparison to prior market crashes.<h2 id="cccccb09-431b-470e-9b1b-e688d2ce7308">Trump's words and actions differ</h2>Ingram pointed out that there has in the past been a gap between Trump's words and actions, and questioned whether Trump would be willing to risk the economic blowback on the US of canceling Ukraine aid, with arms manufacturing firms in swing states such as Pennsylvania massively boosted by the Congressional aid bills."What we're hearing from him, from a political perspective, but what he'd actually practically do will be different," said Ingram.It is also unclear Trump would continue to impose sanctions on Russia if he becomes president."It's much harder to predict him on that stuff," William Reinsch, a senior advisor at the Center for Strategic and International Studies, told <a target="_blank" href="https://www.wsj.com/articles/tough-u-s-sanctions-packages-are-here-to-staywhether-its-harris-or-trump-11f884ba">The Wall Street Journal</a> in August. "I would say [he is] sort of inconstant. He tends to veer from one thing to another.'"Either way, Trump will have to deal with economic problems at home, including record debt levels and surging interest payments.Trump's economic plans are estimated to raise the federal debt level by double the figure expected if Kamala Harris is elected, according to a <a target="_blank" href="https://www.crfb.org/sites/default/files/media/documents/CRFB_US%20Budget%20Watch%202024_The%20Fiscal%20Impact%20of%20the%20Harris%20and%20Trump%20Campaign%20Plans_Final_10062024.pdf">report</a> out this week.Harris would add $3.5 trillion to the projected fiscal debt through 2035, while Trump would add $7.5 trillion, the <a target="_blank" href="https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans">Committee for a Responsible Federal Budget</a> analysis said."Our large and growing national debt threatens to slow economic growth, boost interest rates and payments, weaken national security, constrain policy choices, and increase the risk of an eventual fiscal crisis," it added.If elected for a second term, Trump has pledged to purge the US government of those he deems disloyal to his agenda if reelected and could surround himself with loyalists rather than career officials seeking to check his more impulsive decisions.Pomeranz said that Trump's policies in a second term would more openly reflect his admiration for Russia's leader, regardless of the US' economic plight."Putin is the autocratic leader that Trump most admires," he said. "Trump will present any end of hostilities [in Ukraine] as a personal victory, and Putin will validate this."

Trump's close relationship with Putin could come back to haunt the US

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<keyword id="20253141" type="General" weightage="20" keywordseo="Bharti-Global" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Global" meta.hostid="268" meta.entityid="Bharti Global">Bharti Global</keyword>, the international <keyword id="19895437" type="General" weightage="20" keywordseo="investment" source="keywords">investment</keyword> arm of Bharti Enterprises, will acquire about 24.5 per cent stake in <keyword id="20115879" type="General" weightage="20" keywordseo="BT-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="BT Group" meta.hostid="268" meta.entityid="BT Group">BT Group</keyword>, Britain's largest broadband and mobile company, from <keyword id="22756191" type="General" weightage="20" keywordseo="Altice-UK" source="keywords" meta.keywordsubtype="org" meta.entityname="Altice UK" meta.hostid="268" meta.entityid="Altice UK">Altice UK</keyword>, a release said on Monday. Although it did not divulge the size of the deal, market watchers say that at BT's valuation of roughly USD 15 billion dollars, the deal could be in the ballpark of USD 4 billion. The shares will be purchased through Bharti Televentures UK, which is wholly-owned by Bharti Global. Bharti Televentures UK has inked an agreement with Altice UK to acquire about 9.99 per cent stake of BT Group's issued capital imminently with the rest about 14.51 per cent of BT's share capital is to be acquired post regulatory clearances. Telecom billionaire Patrick Drahi's Altice UK, the largest shareholder in BT, has been struggling with high debt. "Bharti Global, the international investment arm of Bharti Enterprises, a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications, has reached an agreement to acquire an interest in 24.5 per cent of the issued share capital of BT Group plc from Altice UK," Bharti said in a release. Bharti hopes the investment will further help create new synergies in the telecom sector between India and UK in the areas of AI and <keyword id="19916120" type="General" weightage="20" keywordseo="5G" source="keywords">5G</keyword> R&amp;D and core engineering among others, "offering great potential to collaborate on industry best practices and emerging technologies". It is pertinent to mention here that Bharti and BT have a relationship going back more than two decades. In 1997, BT acquired a 21 per cent stake in Bharti Airtel, and hence Bharti's latest move to acquire a 24.5 per cent chunk in the iconic British company marks a defining moment for the Indian telecom conglomerate. Sunil Bharti Mittal, Chairman of Bharti Enterprises said: "Bharti and British Telecom (BT) have an enduring relationship going back more than two decades wherein BT owned 21 per cent stake along with two board seats in Bharti Airtel Limited from 1997-2001. Today marks a significant milestone in Bharti Group's history as we invest in BT - an iconic British company". Bharti's investment in BT aims to support the commitment of Prime Minister Narendra Modi towards his vision in elevating and broadening the India-UK ties, the release said. It noted that during the recently concluded visit of UK Foreign Secretary, David Lammy to India, the UK-India Technology Security Initiative was announced to expand collaboration in critical and emerging technologies across priority sectors including telecom. Sunil Mittal said: "This investment in BT aims to support the commitment of our Prime Minister towards his vision in elevating and broadening the India-UK ties. Bharti's own record of owning and operating telecom and broadband networks around the world is underpinned by placing customers, digital innovation and operational efficiency at the heart of its business". Shravin Bharti Mittal, Managing Director of Bharti Global said: "We review global investment opportunities in the world of technology from digital infrastructure to software. BT is well known to us from the long association with Bharti, so we are pleased to have this opportunity to acquire a significant stake in the company." Bharti believes that BT is poised for leadership in the telecom arena, especially home broadband services, he added. Meanwhile, BT Group, in a separate statement said the investment from Bharti is a strong vote of confidence in the future of the British telecom carrier and its strategy. Allison Kirkby, Chief Executive of BT said: "We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy". "BT has enjoyed a long association with Bharti Enterprises, and I'm pleased that they share our ambition and vision for the future of our business. They have a strong track record of success in the sector, and I look forward to ongoing and positive engagement with them in the months and years to come," Kirkby said. Barclays Bank PLC, acting through its Investment Bank served as the sole financial advisor and Linklaters LLP served as legal advisor to Bharti Global in connection with the transaction. 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Bharti to acquire about 24.5% stake in BT Group from Altice UK; deal estimated at $4 bn

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New Delhi, Finance Minister <keyword id="129243" type="General" weightage="80" keywordseo="nirmala-sitharaman" source="Orion">Nirmala Sitharaman</keyword> on Monday said <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> and the UK are exploring the possibility of listing debt instruments and shares at IFSC-GIFT City and the <keyword id="117776" type="General" weightage="80" keywordseo="london-stock-exchange" source="Orion">London Stock Exchange</keyword> (LSE). The UK has expressed its willingness to further expand its footprint in the IFSC-Gujarat International Finance Tec-City (GIFT City) and foster robust fintech partnership, <keyword id="679937" type="General" weightage="80" keywordseo="sitharaman" source="Orion">Sitharaman</keyword> said after the conclusion of the 12th India-UK Economic and Financial Dialogue. "We have mentioned earlier once that we are looking at listing, commencing with the IFSC, so once that is done, we may look at moving further, and that's where you heard the Chancellor saying soon after that, it is for India to consider listing in London. So, at this stage, we have said that we are looking at listing in IFSC first," she said. Debt, including Masala and green bonds, can be listed on these platforms to raise foreign capital. Post-meeting, UK Chancellor of Exchequer <keyword id="353657" type="General" weightage="80" keywordseo="jeremy-hunt" source="Orion">Jeremy Hunt</keyword> appreciated the efforts being made for the direct listing of Indian companies on the London Stock Exchange (LSE). "We are particularly pleased to have made a big step forward with the first confirmation by India that it will explore the LSE as an international destination for the direct listing of Indian companies. "Alongside that, there is a new Pensions and Insurance Partnership, the establishment of knowledge and expertise-sharing and the new UK Infrastructure Financing Bridge and a deepened partnership on the developmental GIFT City. So, we can really support each other's plans to strengthen the relationship and the way the next step of this is a comprehensive FTA and Bilateral Investment Treaty," Hunt said. The LSE is the largest global centre for Masala Bonds, having raised over 50 per cent of the total aggregate amount originated globally. Over the last 5 years, Indian firms have raised 13.41 billion pounds in masala, dollar and green bonds listed on the LSE. UK banks were among the first international banks to set up shops in GIFT City.

India, UK explore possibility of bonds, shares listing at GIFT City, LSE

A local health board in Wales in the United Kingdom is planning to hire around 900 nurses from overseas over the next four years to plug its workforce shortages, with many of these nurses coming from Kerala. According to BBC's 'Local Democracy Reporting Service', <keyword id="17055694" type="General" weightage="80" keywordseo="swansea-bay" source="Orion">Swansea Bay</keyword> University Health Board of the state-funded National Health Service Wales will get a total of 350 overseas nurses in the current financial year subject to approval by chief executive <keyword id="17054695" type="General" weightage="80" keywordseo="mark-hackett" source="Orion">Mark Hackett</keyword>. It is expected to cost about 4.7 million pounds to employ 350 overseas nurses in 2023-24, which would save 1.5 million pounds in agency and nursing bank costs. <keyword id="17055005" type="General" weightage="80" keywordseo="gareth-howells" source="Orion">Gareth Howells</keyword>, director of nursing and patient experience at Swansea Bay health board, said overseas recruitment provided an "immediacy of really experienced staff". According to the report, overseas nurses are offered a Band 5 contract, with a starting salary of 27,055 pounds, but initially receive a Band 4 lower wage until they complete their UK registration. A board meeting was told that efforts were being made by the health board, which covers Swansea and Neath Port Talbot areas of Wales, and the <keyword id="32149" type="General" weightage="80" keywordseo="welsh" source="Orion">Welsh</keyword> government to train and retain more homegrown staff. The health board employs nearly 4,200 nurses and midwives, with the report saying it had "1,322 nurses and midwives currently over the age of 51 that could retire very soon or over the next few years". The health board told the 'Local Democracy Reporting Service' that besides <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>, it recruited from the Philippines, Africa and the Caribbean. The overseas category also includes nurses from the European Union (EU), but the health board said it received "very few" EU applications. It comes as Health Education England (HEE), part of the NHS in England and in charge of recruiting and training, had said earlier this year that it was working with the West Yorkshire Integrated Care System (<keyword id="17055693" type="General" weightage="80" keywordseo="wyics" source="Orion">WYICS</keyword>) to develop "workforce relationships" in India for the northern England region. A WYICS team recently held workforce related meetings with ministers in Kerala in collaboration with the Overseas Development and Employment Promotion Consultants (ODEPC), a Thiruvananthapuram-based state government undertaking, and Kerala's Skills Council. "HEE continues to work on developing relationships in India for doctors, nurses and other health professionals as part of our mandate to support the growth of the NHS workforce," the HEE said. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/how-to-use-nearby-share-to-send-and-receive-files-android-smartphone-and-windows-computer/articleshow/99294746.cms">How to use Nearby Share to easily send and receive files between your Android smartphone and Windows computer</a> <a href="https://www.businessinsider.in/tech/news/google-makes-it-easier-for-users-to-delete-their-account-and-data-from-applications/articleshow/99289621.cms">Google makes it easier for users to delete their account and data from applications</a> <a href="https://www.businessinsider.in/business/auto/news/odysse-vader-is-the-latest-electric-bike-in-india-offers-a-range-of-125-km-on-a-single-charge/articleshow/99268636.cms">Odysse Vader is the latest electric bike in India, offers a range of 125 km on a single charge</a>

Local health board in UK plans to hire hundreds of nurses from India

The deadly landslides in Kerala's ecologically fragile Wayanad district were triggered by a heavy burst of rainfall, made 10 per cent heavier by <keyword id="19907392" type="General" weightage="20" keywordseo="climate-change" source="keywords">climate change</keyword>, according to a new rapid attribution study by a global team of scientists. Researchers from India, Sweden, the US and the UK warned that such events will become more common as the climate continues to warm. To measure the impact of human-caused climate change, the scientists from the <keyword id="12008149" type="General" weightage="20" keywordseo="World-Weather-Attribution" source="Orion">World Weather Attribution</keyword> (WWA) group analysed climate models with high enough resolution to accurately reflect rainfall in the relatively small study area. The models indicated that the intensity of rainfall has increased by 10 per cent due to climate change, they said. The models also predict a further four per cent increase in rainfall intensity if the average <keyword id="21951013" type="General" weightage="20" keywordseo="global-temperature" source="keywords">global temperature</keyword> rises by two degrees Celsius compared to the 1850-1900 average. The scientists, however, said there is a "high level of uncertainty" in the model results as the study area is small and mountainous with complex rainfall-climate dynamics. Having said that, the increase in heavy one-day rainfall events aligns with a growing body of scientific evidence on extreme rainfall in a warming world, including in India, and the understanding that a warmer atmosphere holds more moisture, leading to heavier downpours. According to scientists, the atmosphere's capacity to hold moisture increases by about 7 per cent for every one-degree Celsius rise in global temperature. The Earth's global surface temperature has already increased by around 1.3 degrees Celsius due to the rapidly rising concentration of greenhouse gases, primarily carbon dioxide and methane. Scientists say this is the reason behind worsening <keyword id="19912530" type="General" weightage="20" keywordseo="extreme-weather-events" source="keywords">extreme weather events</keyword>, such as droughts, heat waves and floods worldwide. The WWA scientists said that while the relationship between land cover, land use changes and landslide risk in Wayanad is not fully clear from existing studies, factors, such as quarrying for building materials and a 62 per cent reduction in forest cover may have increased the slopes' susceptibility to landslides during heavy rainfall. Other researchers have also linked the <keyword id="22597176" type="General" weightage="100" keywordseo="Wayanad-landslides" source="keywords">Wayanad landslides</keyword> to a combination of forest cover loss, mining in fragile terrain and prolonged rain followed by heavy precipitation. S Abhilash, the director of the Advanced Centre for Atmospheric Radar Research at Cochin University of Science and Technology (CUSAT), had earlier told PTI that the warming of the Arabian Sea is leading to the formation of deep cloud systems, resulting in extremely heavy rainfall in Kerala in a short period and increasing the risk of landslides. "Our research found that the southeast Arabian Sea is becoming warmer, causing the atmosphere above Kerala to become thermodynamically unstable. This instability is allowing the formation of deep clouds," he had said. According to the landslide atlas released by ISRO's National Remote Sensing Centre last year, 10 out of the top 30 landslide-prone districts in India are in Kerala, with Wayanad ranked at the 13th spot. A study published by Springer in 2021 said all landslide hotspots in Kerala are in the Western Ghats region and are concentrated in Idukki, Ernakulam, Kottayam, Wayanad, Kozhikode and Malappuram districts. It said about 59 per cent of total landslides in Kerala have occurred in plantation areas. A 2022 study on depleting forest cover in Wayanad showed that 62 per cent of forests in the district disappeared between 1950 and 2018, while plantation cover rose by around 1,800 per cent.

Wayanad landslides linked to 10% heavier rainfall due to climate change: Study

Industry and student groups in Britain have welcomed the new UK-India Young Professionals Scheme launched by Prime Minister <keyword id="221875" type="General" weightage="20" keywordseo="rishi-sunak" source="Orion">Rishi Sunak</keyword>, calling it a great step in ensuring the smooth movement of top talent between markets. The scheme launched on Wednesday will be up and running from early next year to offer up to 3,000 visas annually to Indian students and professionals aged between 18 and 30 to live and work in the <keyword id="6354868" type="General" weightage="20" keywordseo="uk" source="Orion">UK</keyword> for 24 months, with British nationals granted a similar offer for <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>. The Lord Mayor of London, who represents the financial hub of the City of London globally, welcomed the announcement from the G20 Summit in Bali and called for enhanced exchanges between the two countries in other areas too. "International trade requires the removal of barriers and <keyword id="6359421" type="General" weightage="20" keywordseo="visa" source="Orion">visa</keyword> schemes like this are a great step in ensuring we allow top talent to move smoothly between markets," said Lord Mayor Nicholas <keyword id="14138982" type="DOMAIN" weightage="20" keywordseo="lyons" botkeyword="" source="ET" sourcekeytype="COMPANY" meta.keywordsubtype="EQ" meta.aliasname="lyons" meta.entityname="Lyons Industrial Enterprises Ltd." meta.entityid="7579" meta.seoname="lyons-industrial-enterprises-ltd">Lyons</keyword>. "India is home to the fastest growing economy in the world and one of the UK's historic partners. With trade negotiations ongoing, firms will also want to see a greater focus on enabling smoother digital trade and the free flow of data. Delivering on these priorities will in turn unlock opportunities and growth for businesses across the UK," he said. The Federation of Indian Chambers of Commerce and Industry (FICCI) dubbed the new scheme an "opportunity of a lifetime" for young professionals from both countries and a sign of the strength of the UK-India Migration and Mobility Partnership (MMP) signed last year. "This will give the brightest young minds from both the countries to live and work in the other country. This will be an opportunity of a lifetime for these young professionals. The announcement also highlights the strength of the UK-India Migration and Mobility Partnership agreed last year," said FICCI Director General Arun Chawla. The National Indian Students and Alumni Union (NISAU) UK, which campaigns for streamlined provisions for Indian students studying in the UK, said the new scheme marked an "important moment" in the UK-India relationship to address critical skill shortages as it awaits the operational details to see it come to life next year. "I hope that the scheme does not prioritise only one talent area over another though and the 3,000 spaces should be diversified across STEM, humanities etc," said NISAU UK Chair Sanam Arora. "I have no doubts that the scheme will be oversubscribed from India's perspective, but I do hope that as many young Brits as possible are also encouraged to take up this scheme to go to India because this has the potential to be a truly wonderful way of educating Britain's youth about contemporary India," she said. "This scheme will further help strengthen the living bridge of young Indian and British talent enriching the other country, just as our Indian students who we are honouring through the India UK Achievers Honours, have done for centuries," she added. The scheme will be open to degree-educated young professionals aged under 30, with a detailed application criteria expected to be laid out in the coming weeks. The UK Home Office guidance states that further updates would be added once the first Indian ballot is announced. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/indian-national-jailed-in-singapore-for-bank-fraud/articleshow/95570626.cms">Indian national jailed in Singapore for bank fraud</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/do-extremely-hardcore-work-or-leave-musk-tells-twitter-staff/articleshow/95571090.cms">Do 'extremely hardcore' work or leave, Musk tells Twitter staff</a>

Rishi Sunak's UK-India visa scheme hailed by industry, student groups

Prime Minister Rishi Sunak has said that the UK government remains committed to working "as quickly as possible" towards a successful conclusion to the ongoing free trade agreement (<keyword id="6381659" type="General" weightage="80" keywordseo="fta" source="Orion">FTA</keyword>) talks with <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>, as the majority of the substantive negotiation conversations were completed at the end of last month. At a House of Commons session on the G20 Summit in Indonesia on Thursday, the British Indian leader updated <keyword id="6354721" type="General" weightage="50" keywordseo="parliament" source="Orion">Parliament</keyword> that he reviewed progress on the FTA during his first meeting with Prime Minister Narendra Modi since taking charge at 10 Downing Street. He was questioned by <keyword id="3438106" type="General" weightage="50" keywordseo="opposition-labour-party" source="Orion">Opposition Labour Party</keyword> Leader Keir Starmer and his own <keyword id="107792" type="General" weightage="50" keywordseo="conservative-party" source="Orion">Conservative Party</keyword> MPs on the timeline for the completion of the agreement with India. "I discussed the free trade agreement with India, and both the Prime Minister of India and I committed our teams to working as quickly as possible to see if we can bring a successful conclusion to the negotiations," said Sunak. "Without negotiating all these things in public, I am pleased that the majority of the substantive negotiation conversations were concluded by the end of October. We will now work at pace with the Indian teams to try to resolve the issues and come to a mutually satisfactory conclusion," he said. More broadly, he reiterated the UK government's stance since the Diwali deadline for the FTA was missed, that he would not "sacrifice quality for speed" because it is important to take the time to get trade deals right. Sunak was questioned about his other discussions with Modi and whether he raised issues such as India's stance over the Russia-Ukraine conflict and also the UK being an exception within Europe to not be offered the e-visa facility - something he confirmed was discussed and will remain on the government's agenda. On India's "non-aligned" position on the Ukraine conflict, he claimed "enormous comfort" from the fact that the G20 communique "contained strong language of condemnation about Russia's aggression". "Our relationship and partnership with India are much broader than just a trading relationship. I was pleased to discuss increasing our security cooperation with India," said Sunak. "We also announced the mobility scheme to enable young people from India to come here and young Brits to go there, which is a sign of what is possible. Such exchanges are positive both for our countries and for the young people who benefit," he said, with reference to the new UK-India Young Professionals Scheme launched at the summit earlier this week involving 3,000 new reciprocal visa offers annually for under-30s - dubbed as "good for both Indian students and British students who want to go back and forth". On the new scheme, Labour's Indian-origin MP Tanmanjeet Singh Dhesi questioned the move against the backdrop of "dog whistle" anti-immigrant rhetoric from <keyword id="6363870" type="General" weightage="50" keywordseo="home" source="Orion">Home</keyword> Secretary Suella Braverman's "incendiary remarks against international students that so incensed people in India". The <keyword id="312687" type="General" weightage="50" keywordseo="labour-leader" source="Orion">Labour Leader</keyword> also attacked Braverman for putting the FTA deal with India in doubt after indicating that she would not support it, with reference to her controversial remarks on Indians being the largest group of visa overstayers. "The Home Secretary is rightly focused - there is nothing 'dog whistle' about it - on clamping down on illegal migration, which the British people rightly expect and demand, and it is something that she and this government will deliver," Sunak said in defence of his <keyword id="6355513" type="General" weightage="50" keywordseo="cabinet" source="Orion">Cabinet</keyword> minister. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/draft-data-protection-bill-proposes-six-types-of-penalties/articleshow/95604456.cms">Draft Data Protection Bill proposes six types of penalties</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/pakistans-total-debt-surges-to-rs-12-trillion-in-first-quarter/articleshow/95603384.cms">Pakistan's total debt surges to Rs 12 trillion in first quarter</a>

Rishi Sunak says UK is committed to working quickly on free trade agreement with India

<ul class="summary-list"><li>India's Prime Minister Narendra Modi won a narrower-than-expected reelection victory.</li><li>But the setback likely won't deter his global ambitions.</li></ul>India's Prime Minister <a target="_blank" href="https://www.businessinsider.com/indian-election-results-shocking-blow-narendra-modi-2024-6">Narendra Modi</a> emerged from Tuesday's election victory with his air of invincibility damaged.The strongman leader of the world's largest democracy had been predicted to win reelection for a third term by a landslide.But his Bharatiya Janata Party <a target="_blank" href="https://www.businessinsider.com/india-election-results-narendra-modi-bjp-congress-2024-6">failed to gain enough seats</a> to claim outright victory, and it will need the support of coalition partners to form a government.The result, though, is unlikely to deter Modi, as he continues to pursue one of the core goals of his decade in power: transforming India into one of the world's most powerful nations.<h2 id="272ba8df-0d6b-4e4a-960e-7da93df8450f">A leader of the Global South</h2>Under Modi, India's growth has put it <a target="_blank" href="https://www.forbes.com/sites/benjaminlaker/2024/02/23/india-to-become-third-largest-economy-by-2027-implications-for-leaders/?sh=58b178754fd5">on the path</a> to becoming the world's third-biggest economy by 2027 — and it has become an important and increasingly abrasive global power player.Modi wants to position India as a leader of the Global South — a term often used to describe a group of developing nations — and for it to have a permanent position on the UN Security Council to mark its new global status.He has strengthened ties with the US, a long-standing ally, but he's also sought to build ties with Russia and has clashed with Asia's chief power, China.Modi will work to cement his foreign-policy legacy in his third term.<h2 id="c3e5a4c5-0e40-407e-a012-9b6448008edc">Countering Chinese aggression</h2>Richard Rossow, a senior advisor at the Center for Strategic and International Studies, told Business Insider that countering China's aggression and seeking foreign investment will be key focuses for Modi going forward."India's main priorities will remain unchanged," he said.A clash between India and China in June 2020 over a long-simmering Himalayan border dispute resulted in the death of 20 Indian soldiers. Meanwhile, tensions in the Indian Ocean are escalating, with <a target="_blank" href="https://www.businessinsider.com/china-produces-vast-undersea-maps-submarine-warfare-report-says-2024-1">a report from earlier this year</a> finding that China is mapping vast undersea areas in preparation for a potential naval conflict with the rival regional power.<div type="image" title="Biden Modi" height="2666" width="4000" msid="110739802" hostid="261"></div>India is part of the Quadrilateral Security Dialogue with the US, Australia, and Japan, and it'll be looking to counter China's aggression by strengthening these strategic relationships."On security affairs, India wants to continue building partnerships that can help it manage belligerent actions China is taking today and in the future. This includes robust engagement with nations in its own neighborhood, particularly in the maritime domain," Rossow said.<h2 id="1c4bdd94-6b6b-4a40-a00c-8ff78e101722">A dark side</h2>India's new assertiveness under Modi has a dark side.<a target="_blank" href="https://www.google.com/search?q=wapo+india+assassination&amp;rlz=1C5GCEM_enGB1112&amp;oq=wapo+india+assassination+&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIICAEQABgWGB4yCAgCEAAYFhgeMg0IAxAAGIYDGIAEGIoFMgoIBBAAGIAEGKIEMgoIBRAAGIAEGKIEMgoIBhAAGIAEGKIEMgoIBxAAGIAEGKIEMgoICBAAGIAEGKIE0gEINDg2N2owajeoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8">The Washington Post in April</a> reported that India's security services were behind the assassination of a dissident in Canada last June and the attempted assassination of a Modi critic in the US, claims that India has denied.Modi's disappointing election result is unlikely to change his often abrasive and aggressive pursuit of foreign goals."This election result is unlikely to have much of an impact on India's international security actions," Rossow said.<div type="image" title="Narendra Modi and Vladimir Putin" height="3196" width="4714" msid="110739803" hostid="261"></div>But Modi will face serious challenges in his efforts to cement India's new global status.India has bought vast quantities of Russian oil, and that money has been used by Putin to fund his war in Ukraine. This move has aggravated the US, which <a target="_blank" href="https://www.youtube.com/watch?v=aQ9WiQPyLFk&amp;ab_channel=Reuters">has reportedly</a> pressured Modi to stop the purchases.Putin's "no limits" relationship with China's Xi Jinping presents another strategic conundrum for Modi, who seems keen to retain good ties with Putin but is wary of China's global might.Modi's core challenges in the years ahead will be ensuring regional stability by avoiding war with China and Pakistan and continuing India's economic rise through vital domestic reforms."India's journey towards true great power capabilities is thus likely to be long and arduous," <a target="_blank" href="https://eastasiaforum.org/2024/04/21/indias-arduous-road-to-achieving-its-great-power-ambitions/">Ashley J. Tellis</a>, an analyst at the Carnegie Endowment for International Peace, wrote.Correction: June 5, 2024 — An earlier version of this story misstated which countries are part of the Quadrilateral Security Dialogue. It's a group consisting of India, the US, Australia, and Japan; the UK is not part of it.

Modi is on a mission to assert India's global power. His election setback won't deter him.

Britain's prime ministerial candidate <keyword id="221875" type="General" weightage="50" keywordseo="rishi-sunak" source="Orion">Rishi Sunak</keyword> said he wants to change the UK-<keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> relationship to make it a more two-way exchange that opens up easy access to UK students and companies in India. During a campaign hustings event hosted by the Conservative Friends of India (CFIN) diaspora organisation in north London on Monday evening, the former Chancellor greeted the largely British Indian gathering with a mix of traditional greetings such as namaste, salaam, khem cho, and kidda . He even broke into Hindi: Aap sab mere parivar ho (you all are my family)." We know the UK-India relationship is important. We represent the living bridge between our two countries, he said, in response to a question about bilateral ties from CFIN co-chair Reena Ranger. We are all very aware of the opportunity for the UK to sell things and do things in India, but actually we need to look at that relationship differently because there is an enormous amount that we here in the UK can learn from India," he said. "I want to make sure that it's easy for our students to also travel to India and learn, that it's also easy for our companies and Indian companies to work together because it's not just a one-way relationship, it's a two-way relationship, and that's the type of change I want to bring to that relationship, he said. On China, the former minister reiterated his stand about the need to be very robust in defending the UK against its aggressiveness. China and the Chinese Communist Party represent the biggest threat to our economic and thereby national security that this country has faced in a long time and we need to be alive to that, he said. Be in no doubt, as your Prime Minister I will do whatever it takes to keep you, your families and our country safe because that's the first duty of a Conservative Prime Minister, he added. After a grand entry at the Dhamecha Lohana Centre in Harrow to dhol beats and loud cheers, the former minister spoke briefly and then spent hours interacting with hundreds of Tory members who queued up to shake hands with him. He was showered with blessings by the elderly in the crowd, patted on the back by others and eight-year-old Tanish Sahu got a special picture as <keyword id="8774416" type="General" weightage="100" keywordseo="sunak" source="Orion">Sunak</keyword> carried him in his arms. Amita Mishra, the Trustee of Shree Jagannatha Society UK, handed over a set of gold-plated deities all the way from India. We are working on creating a Jagannath Temple in London and this gift is a special blessing all the way from India, said Mishra, who was accompanied by a pandit who performed a victory shloka from the Bhagavad Gita' as the deities were handed over to Sunak on stage. In complete contrast, a British Sikh Tory member in the crowd waited hours to get a special bottle of Jack Daniels whisky signed by Sunak despite both him and the former Chancellor being teetotalers. I don't drink but this is a special gift I received on my birthday and now with this signature it has become historic, he said. In this gathering, his self-proclaimed underdog status as the candidate trailing in all the polls seemed irrelevant as he glided through the crowds rockstar-like and responded to comments of see you at No. 10 Downing Street with an emphatic: That's the plan, I'm giving it everything I got." The majority in the room admitted they had already cast their online ballots in favour of Sunak and had come along to this latest hustings just to hear him out one more time. One sceptical British Indian investment banker said he was still undecided as he did not entirely favour Sunak's handling of the Bounce Back Loan scheme introduced in the wake of the COVID-19 lockdowns, which have been "abused" by many. But even he admitted that his vote might go to Sunak in the end as he wasn't entirely convinced by leadership rival Foreign Secretary Liz Truss. But what a majority seemed convinced about was that Sunak's Indian origin and ethnic minority background had no part to play in the contest to succeed <keyword id="6380867" type="General" weightage="50" keywordseo="boris-johnson" source="Orion">Boris Johnson</keyword> as Conservative Party leader and the British Prime Minister. This country is not racist. For <keyword id="7108" type="General" weightage="80" keywordseo="rishi" source="Orion">Rishi</keyword> to reach this stage, it proves that merit is valued, said Lord Dolar Popat, a veteran Tory peer. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/environment/news/earthquake-of-magnitude-3-9-hits-jammu-region/articleshow/93723328.cms">Earthquake of magnitude 3.9 hits Jammu region</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/syrma-sgs-technology-ipo-how-to-check-allotment-status/articleshow/93723186.cms">Syrma SGS Technology IPO: Here’s how you can check the allotment status</a>

Want to make India-UK ties more 2-way says Rishi Sunak

<ul><li>UK and <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> have signed an MoU mutually recognising each other’s education degrees.</li><li>The two countries also signed two more agreements – on maritime education and a framework agreement on the healthcare workforce.</li><li>Negotiations for the India-UK free trade agreement (FTA) are ongoing and will be concluded by August 31, commerce secretary <keyword id="6641896" type="General" weightage="80" keywordseo="bvr-subrahmanyam" source="Orion">BVR Subrahmanyam</keyword> said.</li></ul>The United Kingdom is one of the most popular choices among Indian students, as the country is home to some renowned universities like Oxford, Cambridge, LSE etc. On Thursday, July 21, the Indian government signed a memorandum of understanding (MoU) with the UK government, which will be highly beneficial for Indian students who wish to study in the island nation. “From today onwards, UK degrees will be recognised as equivalent to Indian degrees. You can take a degree there (in the UK) and will be eligible for employment in India. However, professional degrees such as medicine, pharmacy, engineering, architecture will not be covered under the pact,” commerce secretary BVR Subrahmanyam said at a media briefing on July 21. Undergraduate and postgraduate degrees will now be recognised in both the countries. This means that an Indian student who has a degree from one of the Indian colleges will now be eligible to pursue higher studies in the UK and vice versa. This also means that Indian degree holders will now be treated on par with UK degree holders and will be eligible for jobs in the UK as well. The UK government has plans to attract more international students to its universities and hence, will be giving an economic boost. “The agreement will make UK universities even more appealing to Indian applicants and is likely to provide an economic boost, as the benefit to the UK of welcoming non-EU students is estimated by industry to be around £109,000 per person,” the UK government said in a statement. The two countries also signed two more agreements – on maritime education and a framework agreement on the healthcare workforce. The latter pact will facilitate the training of healthcare professionals and nurses in India by the UK government, as the country is facing a shortage. The maritime MoU paves the way for the governments to recognise the degrees, training and competency in maritime education in the respective countries. The MoUs are part of the UK-India Enhanced Trade Partnership (ETP), which was agreed upon by Prime Minister <keyword id="6380867" type="General" weightage="50" keywordseo="boris-johnson" source="Orion">Boris Johnson</keyword> and Prime Minister <keyword id="6354477" type="General" weightage="50" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> last year. Negotiations for the India-UK free trade agreement (FTA) are ongoing and will be concluded by August 31, said Subrahmanyam. Currently, the fifth round of negotiations for the FTA is underway. “In August, we will be negotiating every day. The hope is to conclude the deal by August 31 and I am confident that we are on track,” Subrahmanyam said. The trade between both the countries is worth $24 billion. “Our investment relationship supports over half a million jobs. Since 2017 the UK Government has secured new access to India’s market, which businesses estimate will unlock approximately £92m of additional UK exports every year in spirits, oats, pork products, and more. India is projected to become the world’s third largest economy by 2050,” the UK statement read. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/thrifting-is-the-latest-trend-on-indian-instagram-and-it-is-a-great-one-for-the-environment/articleshow/93052751.cms">Thrifting is the latest trend on Indian Instagram, and it is a great one for the environment</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-had-3x-more-women-pilots-than-the-global-average/articleshow/93044874.cms">India had 3x more women pilots than the global average</a>

Now you can get a job in the UK with an Indian degree — Here’s everything you need to know

<ul class="summary-list"><li>Only 27% of workers worldwide said they have a healthy relationship with work, a new study found.</li><li>The HP Workplace Relationship Index surveyed over 15,000 people in 12 countries about their relationship with work.</li></ul>Most people don't have a healthy relationship with working and this is affecting their mental wellbeing, self-esteem, and their physical health, a new study by tech giant HP found. HP released its first <a target="_blank" href="https://press.hp.com/us/en/press-releases/2023/hp-work-relationship-index.html">Workplace Relationship Index</a> on September 20 which surveyed 15,624 people between June and July 2023 across 12 countries including the US, UK, Canada, India and Japan. The study analyzed over 50 aspects of people's relationship with work from the role that work plays in their lives to the impact it has on their wellbeing. The findings were somewhat bleak. Only 27% of knowledge workers said they have a healthy relationship with work, with a low of 5% in Japan and a high of 50% in India. Some 28% of workers in the US said they have a healthy relationship with work. Overall almost a third of workers reported having an unhealthy relationship with work, while 41% were in what the study called the "watch-out zone."Poor relationships with work are bleeding into other areas of worker's lives, HP's study reported, with over half of employees struggling with their mental wellbeing, and reporting having low self esteem and feeling like a failure as a result. Almost half said that their personal relationships with family and friends suffer because of work, and 59% said they were too drained to pursue their passions. Additionally, almost two-thirds of employees said they struggle to maintain healthy eating, working out, and getting a good night's sleep.The study further found that workers have higher expectations about how they are treated at work now and 83% are even willing to take a pay cut if it means being happier at work. Workers are willing to give up 13% of their salary to work where they want and when they want, and 11% of their salary to work somewhere with above average employee engagement. These findings correlate with the fact that workplace trends like <a target="_blank" href="https://www.businessinsider.com/quiet-quitting-great-resignation-trends-economy-outlook-leaving-jobs-davos-2023-1?r=US&amp;IR=T">quiet quitting</a> and burnout are on the rise, with 59% of workers worldwide reporting that they had quiet quit, according to a <a target="_blank" href="https://www.businessinsider.com/quiet-quitting-gallup-poll-cost-global-economy-8-trillion-2023-6?r=US&amp;IR=T">Gallup report</a> in June. Quiet quitting refers to employees who choose to do the bare minimum at work because they feel underpaid or unfulfilled by their role. This lack of engagement at work doesn't just have a negative effect on employees and their companies, but also has significant economic impacts, Gallup found. It estimated that low workplace engagement costs around $8.8 trillion in negative impacts to economic output.

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