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'Powerful optics': Xi to host Modi, Putin at SCO summit

Financial Express Kochi

|

August 27, 2025

President Xi Jinping will gather more than 20 world leaders at a regional security forum in China next week in a powerful show of Global South solidarity in the age of Donald Trump while also helping sanctions-hit Russia pull off another diplomatic coup.

- Laurie Chen

Aside from Russian President Vladimir Putin, leaders from Central Asia, West Asia, South Asia and Southeast Asia have been invited to the Shanghai Cooperation Organisation (SCO) summit, to be held in the northern port city of Tianjin from August 31 to September 1.

The summit will feature Indian Prime Minister Narendra Modi's first visit to China in more than seven years as the two neighbours work on further defusing tensions roiled by deadly border clashes in 2020.

Modi last shared the same stage with Xi and Putin at last year's BRICS summit in Kazan, Russia, even as Western leaders turned their backs on the Russian leader amid the war in Ukraine. Russian embassy officials in New Delhi last week said Moscow hopes trilateral talks with China and India will take place soon.

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Al benefits need even distribution, says Nadella

MICROSOFT CEO SATYA Nadella on Tuesday said the goal of artificial intelligence should be to improve everyone's lives, from education outcomes to public sector efficiency.

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Clear dues for barrier-free tolling system: MORTH

IN A RUN-UP to a barrier-free tolling system, the government has amended rules to make it mandatory for vehicle owners to clear all toll plaza dues before selling their vehicle or obtaining a fitness certificate.

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PNB sees NIM recovering from Sept qtr

PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.

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Sharp increase in silver investment demand

ETF HOLDINGS RISE 120% IN A YEAR TO CROSS 3,000 TONNE

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New portal, software, AI-powered translation: EPFO 3.0 on the cards

AFTER ANNOUNCING LIBER-ALISED withdrawal norms and a proposal to introduce a UPI-linked facility, the Employees’ Provident Fund Organisation (EPFO) is set to kick off its next phase of reforms that include a new portal, new software at the backend to take into account all possible expansion over the next decade and the use of AI-powered language translation tools to give information to members in vernacular languages, a senior government official said.

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On cusp of historic India deal: Ursula

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