The deal shifts the US posture towards India from hostile to neutral, and that matters for growth, points out T T Ram Mohan.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.
Biden praised India's Covid vaccination efforts.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Budget was big jump forward in revitalising the economy
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
The commonalities of interests are immense for growth in trade between India and the US.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
Prime Minister Manmohan Singh and United States President Barack Obama will meet in Washington on Thursday to chart a course for "future cooperation" in areas such as civil nuclear technology, trade, investment, defence and counter-terrorism, amid perceptions that bilateral strategic ties have plateaued.
The Quad summit to be hosted by India in 2024 is likely to enhance New Delhi's strategic intent.
United States President Barack Obama will have a tight schedule during his three-day visit starting January 25, as he will hold talks with top leadership in New Delhi on ways to make progress on key issues like defence and civil nuclear agreement and attend the Republic Day celebrations as the chief guest, among other engagements.
Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
"I think very soon. We are doing very well. (US Trade Representative) Robert Lighthizer who is right here negotiating with India... I think, very soon we will have a trade deal," Trump told reporters when asked if there is any trade deal is expected between India and the US.
Modi said this 'special invitation' from President Joseph Biden and First Lady Jill Biden for a state visit is a reflection of the vigour and vitality of the partnership between the democracies.
The constitution of both countries begins with the "three words -- We the People -- as President Biden just mentioned", said Modi, who is on his first state visit to the US.
India's growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.
Indo-US bilateral trade will surge five times to $500 billion in the next few years on the back of growing cooperation between both the nations.
Commerce Minister Kamal Nath will lead a high-powered business delegation to the United States for the 'Focus India Show'
Narendra Modi government, the US Treasury Secretary Jacob Lew on Thursday said India needs more reforms
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.
Sources indicated defence and national security initiatives.
Juster, 62, is an old India hand who played a key role in the landmark Indo-US civil nuclear deal.
As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.
There are many reasons for Japan to turn a deaf ear to its anti-nuclear lobby and concentrate on its geo-strategic imperatives to sign the nuclear deal with India, says Debalina Ghoshal.
'Political meetings will be a mere side show; the main show is economic investment and the business partnership. The success of Modi's US visit will be judged on the basis of India's ability to attract American investment and setting up of manufacturing in India to give jobs to millions,' says Colonel Anil A Athale (retd).
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
Modi, upon arrival, was received by External Affairs Minister Sushma Swaraj.
Had India agreed to join the trade pact, Indian markets would have been flooded with cheap Chinese products.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
US companies are 'positively looking' at India.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
We must take action to address the impediments to growth faced by our businesses and our economies. And we can only succeed by working together, says American Secretary of Commerce Penny Pritzker.
Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
The major driver of Mod's foreign policy can be gauged from his economic priorities such as creating employment opportunities for the youth bulge. Related to this is emphasis on manufacturing, and infrastructure development, which in turn raises the issue of FDI. He has already articulated his views on all these issues, says Rup Narayan Das.
"No other relationship of India has as many layers as our relations with China. We are the world's two most populous countries and among the fastest growing major economies. Our cooperation is expanding," he said.
'The past year has yielded extraordinary results in the strategic, commercial, and people-to-people components of the India-United States partnership, US Ambassador to India Richard Rahul Verma tells Aziz Haniffa/Rediff.com in an exclusive interview.
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