PolicyWatchIndia

For Indian Foreign Service officers: India’s foreign policy and the world events that matter to India.

Edition of · updated

All times on this page are India time (IST).

From Delhi · 13

Deccan Chronicle ·

Piyush Goyal says India is working to rebuild relations with China and is open to joint ventures with any country on fair terms

Goyal said geopolitical conditions should not deteriorate and cited issues related to investment from China. Bilateral trade reached $127.7 billion in 2025-26, while the trade deficit widened to $99.19 billion.

For every officerStatementChina

New Indian Express ·

India brings a Principal Purpose Test into force under its Mauritius tax treaty, allowing treaty benefits to be denied when securing them was a principal purpose

The amended agreement took effect on August 10, 2026, and was notified on October 13. It also revises the preamble to address treaty-shopping and tax avoidance; the evidence reports protection for investments made before April 1, 2017, but differs on the treatment of other pre-effective-date arrangements.

Also: Business Standard, CNBC-TV18, Financial Express, BusinessLine

StatementNeighbourhood and Indian Ocean

Indian Express ·

Seven BIMSTEC states adopt Delhi Declaration at first Home Ministers’ meeting and approve pacts on regional security cooperation

The meeting brought together all seven member states. India’s Home Minister called for closer intelligence sharing, financial investigations, mutual legal assistance and extradition against terrorism and cross-border crime; the supplied evidence does not specify the approved pacts’ terms.

Also: IANS, ANI

Neighbourhood and Indian Ocean

Deccan Chronicle ·

Supreme Court asks Ministry of External Affairs to consider a public notice for families of Indians who died fighting in the Russia-Ukraine war

The ministry reported that 51 Indians had died and 77 recruits remained untraced. The Court also asked it to report the compensation amounts paid to six families; Russia had fully satisfied five claims and partly satisfied one.

Also: The Tribune, The Tribune, New Indian Express

Follow-upRussia, Ukraine and Central Asia

Scroll.in ·

Cabinet approves Fairfax-linked buyer for government and LIC’s 60.72% stake in IDBI Bank for ₹52,878 crore

The approved sale comprises 30.48% held by the Union government and 30.24% held by Life Insurance Corporation, leaving them with 15% and 19% stakes respectively. The approval selects the buyer; the evidence does not say the transaction has been completed.

Also: Press Information Bureau, BusinessLine

Follow-upUnited States and Canada

The Tribune ·

India approves accession to Southern Indian Ocean Fisheries Agreement, opening a path to full participation in regional fisheries governance

India has been a cooperating non-contracting party since 2022, with limited decision-making rights. The ministry says accession would allow full participation in scientific and compliance bodies and authorised fishing for specified stocks; the evidence does not say accession is yet effective.

Also: Press Information Bureau

Follow-upNeighbourhood and Indian Ocean

Neighbourhood and Indian Ocean · 3

United States and Canada · 5

Deccan Herald ·

US Treasury licence permits specified Russian diesel shipments to global markets through April 7, 2027, as Trump says the fuel is not intended for US buyers

Trump said Russia would supply more than 300,000 tonnes, followed by 500,000 tonnes in November and 1 million tonnes thereafter. The reported estimate of about $400 million in Russian sales is potential gross revenue, not money necessarily received by the Russian government.

Also: Bloomberg, Business Standard, Business Today, Deccan Herald

China · 1

Russia, Ukraine and Central Asia · 1

The Hindu ·

Ukrainian officials say US intelligence warnings and Starlink connectivity were restricted as Russian strikes hit Kyiv

A senior Kyiv official said Washington had threatened to stop sharing missile-launch intelligence; Ukrainian defence sources separately said SpaceX restricted Starshield terminals without warning, affecting drone connectivity. The claims have not been independently established, and US President Donald Trump denied withholding warnings.

For every officer

Europe and the United Kingdom · 4

West Asia and the Gulf · 8

Economic Times ·

Houthi attacks hit Saudi Aramco’s Dhahran headquarters as strikes widen across Saudi Arabia, raising a security risk to oil and aviation facilities

Saudi Arabia’s Energy Ministry said an attack on Tuesday caused a limited fire at the headquarters complex and no deaths or injuries. The Houthis claimed strikes on Aramco facilities and airports; the evidence does not establish disruption to oil production or exports.

Also: Reuters, BW Businessworld, Semafor

For every officerFollow-up

Indo-Pacific · 3

BusinessLine ·

Hyundai plans $15.5 billion in India investment through 2032, including expansion of Pune plant capacity to 320,000 vehicles a year by 2030

The automaker says Pune capacity will rise from 170,000 vehicles annually, while its total manufacturing capacity with Chennai will approach 1.14 million. The programme also covers group operations including Kia and other affiliates; these are plans, not completed capacity additions.

Also: Free Press Journal

Africa · 2

Latin America · 0

No news card in this edition.

World bodies and global issues · 3

Analysis and opinion · 10

Deccan Herald ·

UK tightens student-visa sponsor tests from June 2026, lowering the refusal ceiling to 5% and raising required enrolment to 95%

The Basic Compliance Assessment applies to institutions sponsoring international students. The course-completion threshold remains 85% for assessments from June 2026 and is due to rise to 90% from June 2027; the Financial Times reports some universities have withdrawn offers before visa decisions to avoid refusals affecting their rates.

Also: India Today

AnalysisEurope and the United Kingdom

Business Standard ·

India’s gem and jewellery exports rose 9.43% year on year to $2.95 billion in September, while first-half FY27 exports increased 3.07%

Gem and Jewellery Export Promotion Council data put exports at $14.30 billion for April–September, compared with $13.87 billion a year earlier. Studded gold jewellery exports rose 50.23% in September to $812.62 million; the council attributed support to an improved situation in Dubai.

AnalysisWorld bodies and global issues

IGC Publications ·

Jonathan Leape told a UK parliamentary inquiry that long-term, demand-led research partnerships can help governments deliver growth, citing an Ethiopian jobseekers system

Leape, executive director of the International Growth Centre, gave oral evidence to the House of Commons International Development Committee on 13 October 2026. The evidence describes an Ethiopian labour market information system set up after IGC research that reaches 2.4 million jobseekers, 65% of them women.

AnalysisEurope and the United Kingdom