Foreign Secretary Shiv Shankar Menon, who wrapped up three days of intensive discussions with the hierarchy of the new Obama administration at the State Department, White House, and Pentagon, and also met with the leadership in the US Congress, apparently has every reason to be satisfied that the transformed US-India relationship is ready to be launched to the next level of the partnership.
Chairman of Senate Foreign Relations Committee John Kerry has said that he would soon be introducing a legislation in the US Congress to triple the non-military aid to Pakistan to avert an economic meltdown.
Corporate India on Wednesday expressed disappointment at United States decision to deny tax breaks to American companies that outsource work to low-cost destinations and said the measure reeked of protectionism.
Louisiana Governor Bobby Jindal, who is widely perceived as the Republican candidate for presidency in 2012, on Tuesday slammed the economic policies outlined by United States President Barack Obama in his first speech to a joint session of the US Congress.The Louisiana governor added that even though his party opposed the economic policies of the Democrats, the Republicans would work with President Obama to help the country overcome the staggering economic crisis.
Holbrooke declared before the House Foreign Affairs Committee on Tuesday, "We do not think that Pakistan is a failed State. We think it's a State under extreme test from the enemies who are also our enemies and who have the same common enemy -- the United States and Pakistan. It just isn't (a failed State). But it is a State under enormous social, political and economic pressure. And India is always a factor."
Recalling Prime Minister Narendra Modi's visit to America, United States Congress member Tulsi Gabbard on Sunday described him as 'man on a mission' and as leader with 'plan of action' for India.
The United States Senate on Tuesday passed Barack Obama's economic recovery plan, the $829 billion stimulus bill, which the President said would create four million jobs and was vital for reviving the crisis-hit economy. Amid strong Republican opposition, the bill was passed by a roll call vote of 61-37. The House of Representative has already passed it.
Senior Nationalist Congress Party leader Chhagan Bhujbal on Tuesday alleged that he was being targeted by the Bharatiya Janata Party government as he belonged to a backward community and because some people were trying to settle scores with him.
The United States has sought to insulate its request to the Congress for a cut in economic and security aid to Pakistan from its relationship with the country, asserting that it has no intention to lower ties with Islamabad.
A bill has been introduced in the United States House of Representatives to triple non-military aid to Pakistan, amounting to a whopping $1.5 billion, as part of the new Af-Pak policy. Planned for the next five years, the aid can be extended for another five years. However, the bill puts conditions on Pakistan's military, linking the aid with their success in fighting against terrorism. US President Barack Obama announced the Af-Pak policy last Friday.
AIG paid more than $40m in controversial retention bonuses to staff at its troubled financial unit in December, three months ahead of schedule, according to the resignation letter of an executive at the insurance group.
While Detroit's Big Three wrangle with the US Congress for a bailout, we could be witnessing another extinction story.
Sending a strong message to Pakistan and Afghanistan, United States President Barack Obama on Tuesday asserted that terrorists will not be allowed to plot against the US from safe havens 'half a world away'. "With our friends and allies, we will forge a new and comprehensive strategy for Afghanistan and Pakistan to defeat Al Qaeda and combat extremism," Obama said in his maiden address to the joint session of the US Congress.
Samajwadi Party General Secretary Amar Singh has expressed confidence that the India-United States civil nuclear agreement will get the crucial nod from American Congress this month, even as he lashed out at political rivals in India for opposing the landmark agreement.Following discussions with Democratic Senator Hillary Clinton in New York, Singh said the former first lady had assured him that Democrats would not hinder the passage of the deal through the US Congress.
Minutes before he signed the American Recovery and Reinvestment Act, Obama said, "Today does not mark the end of our economic troubles. But it does mark the beginning of the end -- the beginning of what we need to do to create jobs for Americans scrambling in the wake of layoffs; to provide relief for families worried they won't be able to pay next month's bills; and to set our economy on a firmer foundation, paving the way to long-term growth and prosperity."
Congressman Joseph Crowley, a member of the Foreign Affairs Committee of the United States House of Representatives and the former chair of the Caucus on India and Indian Americans, has condemned the terror attack on Mumbai.
The American Immigration Lawyers Association, which had earlier opposed the measure, described it on Friday as 'disappointing'. It argued that this would prove to be counterproductive as it prevents the US companies to hire the best available global talent. The H-1B has mostly benefitted Indian techies.
Kamala Harris could be US President in 2020. These badass moments show us why.
US Congressman Jim McDermott, the Democratic co-chair of the Congressional Caucus on India and Indian Americans, has urged President-elect Barack Obama that when he makes his first overseas trip as President that it be to India.
On whether President Bush will leave this (the agreement) up to the next President -- as far as final bureaucratic things are still on his table -- Perino said, "Well, I think that the next administration will be able to decide for itself whether or not they want to continue that relationship that we've established with India. But I would see no reason why they shouldn't."
This challenge has been made a little more daunting with the addition of two new uncertainties.
Two US Congress members have expressed doubts over the quality of inspections conducted by the US Food and Drugs Administration (FDA) on Indian drug manufacturing facilities.
The United States has given the go-ahead for a $2.1 billion sale of eight Boeing Co P-8I maritime patrol aircraft to India -- the largest arms sale by the US till now. On March 12, the State Department informed the US Congress that it had decided to clear the sale after factoring in 'political, military, economic, human rights and arms control considerations'.Boeing has said it would deliver the first P-8I in 48 months of sealing the deal and the remaining seven by 2015.
According to a study by the Centre for the Study of Science, Technology and Policy based in Bangalore, there is a good chance of nuclear power contributing about 57,000 MW by 2030 through LWRs and FBRs. By building more PHWRs too -- with totally indigenous technology, but run on imported uranium fuel -- the level could touch 70,000 MW or higher
The $700 billion, however, will not be given to the Treasury in one go to bail out the troubled financial institutions and the distribution of money will come about in three stages, the first of which will be in the magnitude of $250 billion followed by a tranche of $100 billion and finally of $350 billion.
India's software industry mounts two-pronged campaign to tackle Trump administration. Ayan Pramanik & Karan Choudhury report.
CEO and founder of popular site LinkedIn Reid Hoffman on Thursday urged the US Congress and the Obama Administration to remove the cap on H-1B visas, which enable foreign nationals to live and work in the United States.
"The ideals of the charter are now facing a challenge as serious as any since the UN's founding: a global movement of violent extremists... these extremists defy the fundamental principles of international order," Bush said.
Highly placed sources, who are closely monitoring the US situation, admitted that passing of the 123 Agreement by the US Congress could be hampered by the financial crisis or alternatively, it could lead to the process being passed with ease. Senior officials, however, made it clear that even if the 123 agreement was passed, it would not be signed by the prime minister during his Washington meeting with President Bush.
Rule will hit 1,000 firms that moved jobs to India, elsewhere. Total jobs abroad pegged at 3 million.
US President Barack Obama has announced that tax cuts for America's wealthiest -- who constitute 2 per cent of the entire population -- will end.
"The recovery plan we passed is the first step in getting our economy back on track. But it is just the first step," he said in his maiden address to the joint session of US Congress.
Warning that terrorists are "likely" to use nuclear or biological weapons in the next five years if urgent action is not taken, an official US commission has said Pakistan is the weakest link in world security.
In the final step to operationalise the India-United States nuclear agreement, American President George W Bush has sent the text of the landmark agreement to the US Congress for final approval.The move by the White House comes five days after the 45-member Nuclear Suppliers Group granted a waiver for India to carry out nuclear commerce.In a statement, the White House said it was transmitting the text of the agreement 'concerning peaceful uses of nuclear energy'.
The Nuclear Suppliers Group finally gave its nod to the India-specific waiver on Saturday.The decision came after the NSG held fresh rounds of unscheduled discussions on grant of a waiver for India, after marathon parleys on Friday failed to produce a consensus, with China joining a clutch of countries having reservations over the move.Diplomats from 45 countries constituting the nuclear cartel had been engaged in hectic and tough negotiations.
'A couple of more such happenings in the coming weeks can push Kabul into total anarchy, and a Syria-like conflict may ensue,' warns Ambassador M K Bhadrakumar.
It will impress upon Barack Obama and the US Congress of the need to make changes to American policy towards Pakistan. Its members plan to meet the Obama-Biden transition team shortly and with US Senators and Representatives at a January 27 conference in Washington, DC.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Pro-deal lawmakers like Congressman Gary Ackerman continue to express their angst over the close India-Iran ties. The lawmakers have warned that this could be a spoiler to the envisaged strategic partnership between Washington and New Delhi.
In a sight rarely seen in the United States senate, dozens of Democrat members shut down the House of Representatives to protest their chamber's lack of action on a legislation to stop gun sales to people on some terrorism watch lists.
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