Both India and Canada had bilateral trade nearing $10 billion in 2024, with potential to increase given the diaspora connections, cultural ties, and rising investments.
A ruling by the Swiss Federal Administrative Court on October 14, holding as illegal the Swiss Financial Market Supervisory Authority’s decision to write down Credit Suisse’s Additional Tier 1 bonds, as part of the state-directed merger of troubled Credit Suisse into rival banking giant UBS, has revived hopes in India for those pursuing a case in the Supreme Court against the similar writing down of AT1 bonds issued by Yes Bank, as part of its salvage operation. Their optimism is misplaced.
The Bihar results are astounding, with National Democratic Alliance (NDA) sweeping an unprecedented 202 seats (83%) out of 243. Political analysts and correspondents covering the elections have proved to be utterly wrong. Most of them expected it to be a close fight.
The Micro, Small, and Medium Enterprises (MSMEs) sector is often referred to as the backbone of the Indian economy, contributing significantly to the Gross Domestic Product (GDP), industrial production, and employment generation. However, MSMEs have historically struggled with inadequate infrastructure, limited access to finance, and a lack of technological expertise.
On October 17, 2025, the Chinese Communist Party (CCP) expelled nine of its most senior military leaders, including members of the Central Military Commission (CMC), former defence ministers, and theatre commanders, from party membership. While the expulsions were not unexpected, given that most had been detained in recent months, the sheer scale of this purge, surpassing even those under Mao Zedong, startled China watchers.
In a sign of how desperate the situation has become on the US-Russia front, the president of the United States of America, Donald Trump, was forced to up the ante against the Russian president, Vladimir Putin, by announcing new sanctions targeting two of Russia’s largest oil companies and postponing his planned meeting with Putin in Budapest indefinitely.
It is an opportunity for both India and Canada to make gains from the crisis that the world is going through by reaffirming trust in each other
In international relations, pauses have a value of their own. Be it misunderstanding, estrangement, skirmish or even a war, a temporary freeze can allow the much-needed legroom for countries to step back and reset. As Canadian Foreign Minister Anita Anand arrived in New Delhi for a three-day visit, it is precisely such a moment for India-Canada relations.