Germany has planned 'never before' military deployment to India, says German embassy spokesperson
The deployment is meant to underline that Germany's engagement in Indo-Pacific is 'serious & long lasting'. German Air Force will send jets to India, along with France, Spain and the UK. Key Points
ThePrintGermany braces for decades of confrontation with Russia
German Defense Minister Boris Pistorius warns of decades of confrontation with Russia and the need for Germany to rapidly rebuild its military in case Putin tests NATO's unity. Pistorius believes Russia's military is currently occupied with Ukraine but fears that if there is a truce, Putin may consider further aggression. The German public remains unconvinced of the threat posed by Russia. German officials discuss the future of NATO and the potential consequences if former President Donald Trump is reelected. Key Points
Economic TimesDeutsche Boerse forecasts increases in revenue and EBITDA through 2026
German exchange operator Deutsche Boerse (DB1Gn.DE) expects revenues to grow by around 10% each year on average through 2026, the company said on Tuesday as part of its strategy update. Key Points
Reuters‘Invasion vibes’: Elon Musk, German government spar over migrant rescues at sea
Musk shared a video on X that showed migrants and aid workers on a boat. The video was posted by a user claiming to show German NGO ships in the Mediterranean Sea collecting illegal immigrants before they are unloaded in Italy. Key Points
India TodayCommerzbank shares up 11% after forecasts for bigger profit returns
Shares of Commerzbank (CBKG.DE) were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024. Key Points
Reuters
'India's solid growth makes it a highly attractive market,' says German Ambassador Philipp Ackermann
The German Ambassador to India, Philipp Ackermann, has praised India's economic growth and its appeal as a market for German companies. He also highlighted the increasing number of Indian students choosing to study in Germany. Key Points
mintShanghai Auto Show 2023: German automakers fight Chinese rivals to defend their turf
German carmakers' total market share in the country rose from 19.9% in 2015 to 24.6% in 2019, but has fallen back down to 19.1%, according to data provided to Reuters by Germany's autos association VDA. Key Points
FinancialexpressGermany wants more chipmakers, but they won't come cheap
Plans are in the works to revamp German immigration laws to attract more talent, but that might not be soon enough. Firms that already exist have real trouble finding skilled labor, Gropp said. Do we want to make that even worse and put those firms that didn't benefit from the subsidies out of business? Key Points
Economic TimesGerman film ‘Sixty Minutes’ gets a release date. Know more here
Sixty Minutes is a German action drama, which will be released by Netflix on January 19, 2024 globally. The film is about a father who just has an hour to save losing custody of his daughter. Key Points
Economic Times‘India can well look after her own...’ 59 MPs write to German ambassador to repatriate baby girl Ariha Shah to India
59 MPs from 19 political parties have written to the German ambassador to India seeking his intervention in ensuring the return of Ariha Shah. The MPs contend that there are no criminal cases pending against any member of the family and it is time to send the baby back home. Key Points
mint
‘Undermining our judiciary’: India protests Germany's remarks on Kejriwal arrest, summons envoy
A German Foreign Ministry spokesperson had said Delhi CM is ‘entitled to fair & impartial trial’. MEA says 'biased assumptions most unwarranted'. Key Points
ThePrintGermany approves stakes by Bosch, Infineon and NXP in TSMC chip plant
The German cartel office has approved stakes by Bosch (ROBG.UL), Infineon (IFXGn.DE) and NXP (NXP.N) in TSMC's (2330.TW) new semiconductor plant in the German city of Dresden, the regulator said in a statement on Tuesday. Key Points
Reuters‘Not boarding school, its our…’: German diplomat calls out advertisement in Indian newspaper
German ambassador to India, Dr. Philipp Ackermann, calls out false advertising featuring image of German palace as Indian boarding school meet venue in national capital Delhi. Key Points
mintGerman court suspends mRNA patent trial against BioNTech
A German court on Thursday put on hold a patent trial brought by German biotech firm CureVac (5CV.DE) against domestic rival BioNTech (22UAy.DE) over the use of mRNA technology in COVID-19 vaccines, weighing on CureVac's shares. Key Points
ReutersCroatian Foreign Minister tries to kiss German counterpart, apologises after row
Croatian Foreign Minister Gordan Grlic Radman sparked a row when he tried to kiss his German counterpart Annalena Baerbock on her lips during an EU summit group photo session. Radman later apologised for his conduct. Key Points
India Today
Germany is trying to woo skilled workers from India, starting with nurses
The German government has eased visa regulations and streamlined the recognition process for foreign qualifications. This move is aimed at simplifying the entry and integration of skilled professionals, making it more appealing for Indian nurses to consider working in Germany. Key Points
Economic TimesGerman import prices down 14.3% in September
International Business News: German import prices fell by 14.3% in September compared to the previous year, according to the country's statistics office. This decline, which is lo Key Points
Times Of India