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Mumbai and Jakarta share a 200-year history of trade in spices and a once-shared love for Bombay’s silent films. Transnational networks of Indian spice and cloth merchants have marked both cities with their business, culture, and faith. A testimony to this history today is the city’s Indonesian consulate, established in 1951 – just four years after India’s independence.
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Mumbai and Antwerp share a history from the 18th century. Traffic between the two ports expanded with Belgium among the top three European countries trading with Bombay. After the Second World War, both cities developed a chemical industrial complex adjoining their ports. Today their centuries-old connections have come full circle with an active collaboration between their port authorities.
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Prime Minister Narendra Modi is on an official two-day visit to Poland, the first by an Indian leader in 45 years, commemorating 70 years of India-Poland diplomatic relations. His trip has emotional significance for Poles, as India hosted thousands of Polish refugees during the Second World War. Bombay was the fulcrum from where the rescue, housing, health, and education of Polish children, women, and elderly were undertaken.
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A timely book on the Naga contribution to Allied victory in the Second World War is a necessary documentation. Northeast India was the eastern flank of the British empire where the battles of Kohima and Imphal stopped Japan’s invasion into India. While western historical narratives are being reiterated during the war’s 80th anniversary, the role and sacrifice of the Nagas is a neglected but important counterpoint.
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Recent changes in Belgian and EU tax law and regulation have resulted in some Antwerp-based Palanpuri Jain diamond traders shifting base to the newly booming Dubai diamond market. But Antwerp dominates the diamond business for this enterprising community, where 400 families continue to stay and use it as a gateway to the European market for diamonds cut and polished in Surat and Mumbai in India.
Courtesy: Suresh Mehta and 'Fragrant Folios: The Palanpur Story' by Jitendra C. Mehta and Amrit Gangar.
In Antwerp's global diamond exchanges that trade in rough and polished stones, the Gujarati-speaking Palanpuri Jain merchants are known as intrepid businessmen with a reputation for keeping their word. These traits has enabled them to live and work amongst Hassidic Jewish diamantaires and cutters-polishers who dominated this market. They carved a niche for themselves in small diamonds. Bombay played a key role in their success.
Courtesy: Shapoorji Pallonji
The Reserve Bank of India entered its 90th year on 1 April. From the 1940s to 1960s it was critical in protecting India’s interests at the Bretton Woods Conference in 1944, and conserving India’s Forex by managing a Rupee trade with the East Bloc. Today, it is among Mumbai’s several historic financial institutions and has navigated India’s economy through turbulent geopolitical and geoeconomic events.
Courtesy: Sarmaya Arts Foundation
India’s External Affairs Minister S. Jaishankar is currently visiting Japan for the 16th India-Japan Foreign Ministers Strategic Dialogue. The bilateral, which began 130 years ago with Bombay’s cotton trade, has deepened into a Special Strategic and Global Partnership in defence, digital technologies, semiconductor supply chains, clean energy, trade and connectivity. The following book excerpt traces the origin of India-Japan trade ties.
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When the 154-year-old man-made Suez Canal became operational, it reduced the voyage between Europe and India from four months to 30 days. It made Egypt the centre for the development of modern tourism in the mid-19th century, attracting entrepreneurs from across empires. A brisk business grew with the Sindhis from the Bombay Presidency, who made the Egyptian free ports and Cairo as their first overseas bases.
Courtesy: NewsDrum
Eighteenth century Bombay was home to two Jewish communities: Marathi-speaking Bene-Israel Jews and Judeo-Arabic-speaking Baghdadi Jews. The city was a a major hub for employment, business, religious, community, and cultural life. These activities were formerly dispersed among many hubs across the Middle-East for the Baghdadi Jews, and among the villages of the North Konkan for the Bene-Israel.
