The two nations doubled their GDP per capita in 16 and 12 years respectively while US took 50 years.
Yet another US trade delegation to India to seek beach-head on the envisaged energy market.
Suresh Kumar's nomination by United States President Barack Obama, to be assistant secretary of commerce and director general of the United States and Foreign Commerce Service, sailed through two key US Senate Committees last week.Now the full Senate has to vote on his nomination, and sources said he could be in place in his job at Commerce by late February or early March.
After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.
"Opening transit trade to India would be transformative, because India is going to be such an important economic anchor for the region in the 21st century," Assistant Secretary of State for South and Central Asia Robert Blake said.
The Indo-US CEO forum which is scheduled to meet in New York later this year is expected to discuss some contentious issues related to the trade and investment between the two countries, David Bohigian, US assistant secretary of commerce said at an interactive session with the Indo-American Chamber of Commerce.
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.
Two more senior Indian American Obama administration officials have flown the coop.
Possibly the only father-son duo serving in senior positions in the Obama Administration, who also happen to be Indian-Americans, has announced to leave their positions for private sectors jobs.
Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.
Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.
United States President George W Bush has sent the nomination of Santanu K Baruah, an Indian-origin former management consultant whom he picked as an Assistant Secretary of Commerce for Economic Development, to the Senate for approval.
ndians are the third fastest growing foreign investors in the United States, a top Obama Administration official has said, acknowledging the positive contribution of India in the US economy at the time of recession.
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.
'Nobody ever said that moving from US-India estrangement to partnership would be easy. Constant engagement at all levels on disparate issues is necessary to build a strong friendship that is in the interests of both nations.'
AIFF plans to go ahead with the 2020-21 I-League season even if the clubs' star foreign recruits are unable to make it due to the coronavirus-forced travel restrictions.
Describing India as a "rising world power", US Assistant Secretary of State for South and Central Asian Affairs Richard Boucher on Friday emphasised the need to fight the global menace of terrorism "jointly".
The United States is optimistic India will support Washington's plan to eliminate global tariffs on manufactured goods despite New Delhi's opposition to the proposal, a senior US official said on Wednesday.
Expressing concern over slowdown of trade with India, United States said bilateral trade between the two countries could go up by a further $38 billion by 2015 if India accelerated its economic reforms to match the US endeavour.
Two of the US Cabinet members -- Education Secretary Betsy DeVos and Transport Secretary Elaine Chao -- have resigned over the storming of the Capitol by Trump supporters. US Capitol Police Chief Steven Sund has also announced that he would resign this month after he faced criticism for failing to prevent Trump supporters from storming the building.
Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
'In his eulogy at Sandy's memorial service, President Clinton recounted the unusually hot US Independence Day, July 4, 1999, when most of official Washington was more interested in watching fireworks than international diplomacy. Sandy insisted that Clinton confront Pakistan Prime Minister Nawaz Sharif in no uncertain terms.' Former US Assistant Secretary Raymond E Vickery, Jr salutes Sandy Berger, Clinton's National Security Adviser, as a true friend of India.
It was a historic moment for California's Hindu American community, when the senate floor at the Capitol unanimously passed the resolution on Monday designating October 2013 as Hindu American awareness and appreciation month.
What will a BJP government in New Delhi mean for Washington? Four senior US officials who served in the Clinton administration during the NDA government, offer their perspective, says Aziz Haniffa.
Violation of the provisions entails a punishment of a jail term up to five years or with fine up to Rs 1 crore or with both, the ordinance released by the Ministry of Law and Justice on Thursday said.
The 2+2 was attended by Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin and their Indian counterparts S Jaishankar and Rajnath Singh respectively.
The US and India likely to sign a high quality bilateral investment treaty to create an enabling business environment.
Stepping up its efforts to evacuate Indian students stranded in war-hit Ukraine, the Centre on Monday decided that Union ministers Hardeep Puri, Jyotiraditya Scindia, Kiren Rijiju and V K Singh will travel to its neighbouring countries to coordinate the evacuation mission and help students, government sources said.
'My father's life sends a message that there are positive things happening between India and China, no matter what happens at the border.'
After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.
Kumar joined KPMG in 1995 as a Finance Management Leader and from 2005 until his retirement in September 2013 he led the firm's West Coast Finance Management Consulting practice.
The Enforcement Directorate (ED) on Friday carried out simultaneous raids at the houses of around a dozen people, including two ministers, in connection with its investigation into the teacher recruitment scam and seized huge amounts of cash.
In a show of solidarity, the CEOs of some 40 top American companies have come together to create a global task force to mobilise resources to help India fight the battle against Covid-19.
India is currently a relatively small market for the US, in terms of total US exports.
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.
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.
'This speech is going to be more of a punishment. I spoke too much this afternoon' A tireless Prime Minister Narendra Modi left over 700 notable luminaries in peals of laughter with his quick wit and sense of humour during a dinner and reception hosted by Indian Ambassador Subrahmanyam Jaishankar at the Taj-owned, The Pierre Hotel. In the presence of the who's who of desi Americans and US lawmakers, Modi once again thanked the Indian-Americans for their contributions and discussed his plans of developing India and the ties he hopes to nurture with America. Aziz Haniffa/Rediff.com presents a sneak-peak into the festive, grand dinner.
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