On Tuesday, members of Congress from both the Democratic and Republican parties wrote to India's ambassador, Nirupama Rao, asking the Indian government to reconsider its PMA policy and its impact on the information and communications technology sector.
Mumbai land sale part of non-core divestment this year, counters DLF
The composition of the US delegation led by Secretary of State Hillary Clinton to next week's India-US Strategic Dialogue in New Delhi points to the wide-ranging scope of talks between the two countries.
The big-ticket announcement during US President Barack Obama's visit to India starting November 6 will be about lifting controls on the export of high-technology items to India. "We are looking forward to a significant announcement on export controls," said US Commerce Secretary Gary Locke in an exclusive interview to Business Standard.
US-India Business Council denies charge of routing poll help to Republicans.
PepsiCo chief raps Indian infrastructure, manpower skills as big growth obstacles.
While Research in Motion, the Canada-based maker of BlackBerry, negotiated a two-month reprieve to develop a solution complying with the Indian government's demands, Indian officials have said companies such as Google and Skype would also be asked to comply with the government's directives or close their networks.
The apparent linkage had been implied by a report on the Times Now news channel that disclosed an email exchange between US Deputy National Security Advisor for International Economic Affairs Michael Froman and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia.
The company had earlier said it would sell its Indian-made four-door and two-door diesel pick-up trucks in the US market by the end of the year.
India should be satisfied with the outcome of the recently concluded G20 summit in Toronto since its argument against a quick withdrawal of stimulus measures by developed nations had, to an extent, been accepted, according to US economic experts.
This will follow Israel's exit from the Index and entry into the MSCI World Index, comprising developed markets.
Despite some debate on whether this is the best time to launch a new fund, Emerging Global Advisors, a New York-based research and asset management firm specialising in emerging markets, plans to launch the EG Shares Indxx India Infrastructure Index Fund within the next couple of weeks.
The key is to concentrate on selection and maintaining the disciplined way of investing.
Building a MF portfolio is akin to building and furnishing your home. There is no model portfolio to suit everyone's needs, so you can follow a few rules to build yourself one.
Moral of the story: it is not your fault if you are born poor, but if you stay poor, it certainly is!
Reverse mortgage is a financial option that senior citizen homeowners aged 60 and above can explore.
The surest way in theory to become rich is to know tomorrow's stock prices today. The moment we master the art and science of understanding market trends, and harness our skills of accurately predicting the trends, we will start rolling in wealth.
The following discussion is an attempt to look at some of the parameters to decide how to select mutual funds for investments.
If you are confused about which car is the right one for you, then it's time to clear the air.
It is said that there is a $350 million-art market now in India, but that, of course, is dwarfed by the market size in China, which is higher than $1.5 billion.
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