Ajay Banga is one of the nine members of the Commission on Enhancing National Cyber Security.
The Maldives still considers India a friend, the tourism-dependent country's economic minister has said while defending President Mohamed Muizzu's stand against the presence of "foreign soldiers" in the archipelago nation in the Indian Ocean.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
Chanting slogans of "Modi Modi" and India-US friendship, Indian Americans walked in a procession for over an hour towards the historic Lincoln Memorial where the participants busted into an impromptu dance.
The government has imposed anti-money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets. In a gazette notification, the Finance Ministry said the anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services. After this, Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND).
Asserting that US companies face strong barriers in the services sector in India, a top Obama Administration trade official on Thursday expressed concern over the trend toward compulsory local production in its 17th largest trading partner.
Aiming to come up with a collective response to the government and employers' push for labour market reforms for increased employment and productivity, an international seminar of trade unionists got underway in New Delhi on Wednesday.
It's just not a date. It's just not about selecting a candidate. It's not about helping some candidate win. It's about expressing emotion, after ten years, that could reach out in India and beyond it, notes Sheela Bhatt.
In a letter to Speaker of the US House of Representatives Nancy Pelosi, Trump said he was determined that New Delhi had "not assured" the US that it would "provide equitable and reasonable access" to the markets of India.
The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.
In the last five years, imports from HK have more than tripled -- from $5.6 billion in FY15 to $17.1 billion in FY20. In the same period, exports declined by 20 per cent -- from $13.6 billion in FY15 to $10.8 billion (annualised) in FY20.
An interview with former US assistant secretary of commerce Raymond E Vickery speaks on his book The Eagle And The Elephant: Strategic Aspects Of Us-India Economic Engagement.
US President George W Bush has announced that he intends to nominate an Indian American, Karan K Bhatia, of Maryland, as Deputy US Trade Representative, with the rank of Ambassador.
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
Terming Barack Obama as an "incompetent president", 70-year old Trump claimed that the US president did not know what he was doing.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
Mahindra & Mahindra on Friday said a judge of the US International Trade Commission has found that its off-road vehicle Roxor violated Fiat Chrysler Automobile's (FCA) Jeep 'trade dress' and recommended an exclusion order prohibiting import and sale of any already imported parts of the vehicle.
The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
'At the heart of the strategic relationship between our countries are economic ties.'
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Pakistan government is holding internal discussions on formulating a policy to deal with the new Indian government under Narendra Modi.
Zhou Yongkang, one of China's top leaders in the previous Hu Jintao's regime, has been charged with trading power for sex, adultery and leaking state secrets.
For insurance intermediaries like brokers, insurance repositories, third-party administrators, etc, 100 per cent FDI may be permitted.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
National Security Advisor Ajit Doval will hold crucial talks with the top US leadership, including his counterpart Jake Sullivan, on the first high-level dialogue on Initiative for Critical and Emerging Technologies (iCET).
While there were no surprises on policy issues from either side, there were far less interruptions and tense moments between Pence, 61, who comes from Indiana and his Democrat challenger Harris, 55, who is from California.
'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'
There is a congruence of interests between Ukrainian intelligence and its Western mentors to destroy Wagner and eliminate it from the geopolitical chessboard altogether, argues Ambassador M K Bhadrakumar.
Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
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.
'This is still a relatively immature defense and high-tech relationship.'
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
The US foreign policy under President Donald Trump would put "America first" and would be based on the principle of "peace through strength," the White House said today, hinting at massive military expansion under the new administration to maintain "unquestioned" US military dominance.
Union Health Minister Mansukh Mandaviya on Tuesday suggested that stickers for houses to notify completion of both doses of COVID-19 vaccines should be given to fully vaccinated families to encourage uptake of vaccine among the population.
