The agreement includes a balance of spending cuts and revenue increases.
This is rupee's lowest closing since 55.45 on November 27, 2012.
Trump's senior adviser Kellyanne Conway told MSNBC's Morning Joe that the President-elect is setting a tone for Congressional Republicans by refraining from calling for more investigations.
Dr Ami Bera, the Indian American Democratic Party candidate from a Congressional seat in California, received a big boost to his electoral ambition as he was endorsed by former United States President Bill Clinton.
In 2003, the United States Congressional Research Service asserted that there is a danger that India may develop a bio weapons programme. It claimed that 'India is believed to have an active biological defence research program as well as the necessary infrastructure to develop a variety of biological agents'. However, there is no evidence in the public domain of India ever having pursued an offensive bio weapons programme.
India can help mend the fractured relationship between United States and Pakistan, believes a ranking member of the powerful House Foreign Affairs Committee.
For years, Congressman Brad Sherman, California Democrat, a senior member on the House Foreign Affairs Committee and the ranking Democrat on its Subcommittee on Terrorism has enjoyed the largesse of the Indian American community that has contributed generously to his campaign coffers.
The only Indian American lawmaker in the United States Congress, Dr Amerish 'Ami' Bera, on Tuesday made his debut as a member of a Congressional Committee that has jurisdiction over matters pertaining to South Asia.
Negotiations on the looming "fiscal cliff" will dominate talk in Washington this month, with both the White House and congressional Republicans having made early offers.
"I don't think that we have seen any evidence of efforts by India to directly undermine Pakistani national security. This is something that the Pakistanis fear but I don't think that we should let US policy be driven by Pakistani fear," Lisa Curtis of the Heritage Foundation said in response to questions from lawmakers who raised Pakistani concerns in this regard.
The United States House of Representatives on Thursday passed by unanimous consent House Resolution 775, a legislation condemning the horrific massacre that killed six Sikh worshippers and priests at a gurudwara in Oak Creek, Wisconsin on August 5.
Ed Royce, co-chair of the Congressional Caucus on India and Indian Americans and a senior member of the House Foreign Affairs Committee, became an original cosponsor of the legislation introduced on Monday to condemn the shooting that killed six innocent people at the gurdwara Wisconsin, on August 5, 2012 by avowed white supremacist and neo-Nazi, Wade Michael Page.
The defeat of Assemblyman Upendra Chivukula from the 7th Congressional District in New Jersey is not entirely unexpected, even though official results may be delayed for days because of Hurricane Sandy.
Indian-American political leaders, contesting Congressional elections, are outraged at the remarks of "legitimate rape" by a United States lawmaker, which President Barack Obama had termed as offensive.
A US congressional paper says the recent arrest of eleven men in Virginia, allegedly connected with the Lashkar, raises the prospects of a new terrorist threat in the US.
Shivshankar Menon said the government's amendment to the Citizenship Act was a "self-inflicted goal".
Dr Ami Bera, California physician, who according to conventional wisdom is the only Indian American congressional candidate this time around among all of the community's aspirants who has a good chance of winning, received a major boost when former President Bill Clinton publicly endorsed him in a public rally at the University of California.
A key United States Congressional Committee on Thursday overwhelmingly passed a bill that imposes conditions on Pakistan for receiving American economic and military aid which will depend on the action Islamabad takes against terrorists and the menace of improvised explosive devices.
A Congressional Committee in its budgetary proposals for the year 2013 has prohibited economic and security assistance to Pakistan till it co-operates with the United States in the fight against terrorism and takes action against groups such as Haqqani Network, Taliban, Al Qaeda and Lashkar-e-Tayiba.
Obama and congressional Republicans are struggling to come up with a deal to avoid year-end tax hikes and spending cuts that many economists say could plunge the economy back into recession.
A top United States intelligence official on Thursday said the attack on its consulate in Benghazi, in which US Ambassador to Libya Chris Stevens and three other Americans were killed, was an act of terror.
A bipartisan Congressional resolution has been introduced in the House of Representatives calling on the US government to continue the policy of denying a visa to BJP's prime ministerial candidate Narendra Modi on the grounds of religious freedom violations.
Ricky Gill, the youngest Congressional candidate from district 9 California who had endorsements from Governor Nikki Haley and former Governer Jeb Bush conceded to his opponent Congressman Jerry McNerney, an incumbent.
Dr Ami Bera was on the cusp of creating history by becoming only the third Indian-American ever to be elected to the United States House of Representatives, as five others from the community bit the dust in the polls.
So far only two Indian-Americans have been elected to the US Congress. Dalip Singh Saund was the first Indian-American elected to the House of Representatives in 1950s, while Bobby Jindal, now the Louisiana governor, was the second one.
Muslim and secular organisations in the United States have hailed a congressional resolution by Minnesota Congressman Keith Ellison (Democrat) 'recognising the tenth anniversary of the tragic communal violence in Gujarat'.
United States Secretary of State Hillary Clinton has said that Pakistani President Asif Ali Zardari is a good partner in war against terrorism, even as Pakistan military or the Inter-Services Intelligence, according to her, have maintained relationship with terrorist groups for decades.
The United States has a challenging, but critical relationship with Pakistan, US Secretary of State Hillary Clinton on Tuesday said, as she underlined the commitment of the Obama administration to work with Islamabad.
President Barack Obama last week paid rich tributes to the late Dalip Singh Saund -- the first Asian-American and Indian-American United States Congressman -- and described him as a trailblazer. Aziz Haniffa reports.
Responding to the questions from Congressmen, Assistant Secretary of State for South and Central Asia, Robert Blake said India is making progress in this regard not because of any pressure from the US, but because of "financial and commercial considerations".
United States President Barack Obama on Tuesday paid rich tribute to late Dalip Singh Saund -- the first Asian American United States Congressman -- and described him as a trailblazer for the entire Asian American and immigrant community.
Dollar selling by exporters & banks, amid higher opening in domestic equity market supported rupee.
'If Trump is out, Modi is going to find himself in a hotspot, having to reset his relations with the new US President with whom he will have to co-exist for well-nigh his full term,' notes B S Raghavan, the distinguished civil servant.
Pakistan is a "haven" for several Islamist terror groups and successive Pakistani governments are widely believed to have supported some outfits as proxies in the country's conflicts with its neighbours including India, a US Congressional research report has said.
Pakistan is a 'haven' for several Islamist terror groups and successive Pakistani governments are widely believed to have supported some outfits.
An influential American Senator has moved a Congressional amendment to strip all US aid to Pakistan, Egypt and Libya -- totalling about $4 billion per annum -- and divided the fund equally for veterans jobs bill and deficit reduction programme.
Pakistan has an "addiction" of "playing around" with militant groups against India, a top Pentagon official has said. "They have an addiction to playing around with militia groups to achieve certain interests, particularly vis-a-vis India. That gets them in all kinds of trouble," Michael Sheehan, assistant secretary of defence for special operations/low-intensity conflict, told lawmakers at a Congressional hearing.
Trump said the opposition Democrats did not like the option of a concrete wall along the Mexico border, so he has offered them with a steel one. Trump argues that a physical barrier along the US-Mexico border is essential to stop the flow of illegal immigrants into the US.
A group of top United States lawmakers have urged Prime Minister Nawaz Sharif to release Pakistani doctor Shakil Afridi, who allegedly helped to track down Al Qaeda chief Osama bin Laden.
The United States, which is the largest seller of high-tech defence equipment globally, has a strong end-user monitoring agreement, and as a matter of practice takes all allegations of misuse of defence articles very seriously.
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