So far, neither Washington nor Wall Street seems to have fully grasped this political sea-change, or figured how to deal with it.
The US Citizenship and Immigration Services would accept petitions for the H-1B work visas on the first five working days beginning April 1.
In yet another sign of deepening relationship between India and the United States, the Friends of Indian Caucus in the US Senate is holding a rare Congressional reception for the new Indian Ambassador to the US, Meera Shankar.
Obama's winning will underscore that in America anything is possible. My hope is that young Indian Americans will see Obama and say, 'I can go into public service as well'. My hope is that Obama will inspire Indian Americans to see politics as something noble, as something that can make a difference in people's lives, says Ro Khanna
An anonymous handwritten letter, which so far has been received by three mosques in California and one in Georgia, warned Muslims to "pack your bags and get out of dodge as Trump is going to cleanse America and make it shine again".
Rahul 'Richard' Verma has been appointed to the Commission on the Prevention of Weapons of Mass Destruction Proliferation and Terrorism. Verma, a partner with the international law firm Steptoe & Johnson LLP, based in Washington, DC, was until recently the high-ranking Indian-American Congressional aide on Capitol Hill.
An influential US lawmaker, who heads the Congressional Committee that has jurisdiction over matters pertaining to the subcontinent, has warned that South Asia poses the greatest terrorist threat to the United States. Congressman Gary L Ackerman, New York Democrat, chairman of the House Foreign Affairs Subcommittee on the Middle East and South Asia, declared, "South Asia is arguably the place from which America faces the greatest terrorist threat."
India on Friday said it was confident of the passage of the Indo-US civil nuclear deal as it enjoyed bipartisan support among lawmakers, assuring that American firms would not be put at a disadvantage even if there is delay in getting a Congressional nod for the accord.
The crucial civil nuclear cooperation will be high on the agenda of Prime Minister Manmohan Singh during his 10-day visit to the United States and France, which begins on Monday.The prime minister will attend the 63rd session of the United Nations General Assembly, where he would pitch for collective and multilateral approaches to deal with global challenges like food and energy crises and terrorism.
America's nuclear fuel supply assurances to India are a "political commitment" and the government cannot "legally compel" US firms to sell a "given product" to New Delhi, top officials told a Congressional panel as the administration worked hard to push the Indo-US deal through the Congress before September 26.
Film director Amar Kaleka, the son of the gurdwara president who was killed in a 'supremacist' shootout last year in Wisconsin, is planning to challenge US Republican Paul Ryan in the 2014 congressional election, agencies report.
Ackerman and many of his colleagues on Capitol Hill have for long questioned the rationale of giving the F-16s to Pakistan as a part of the war on terror. The congressmen now want a comprehensive statement from senior officials about the complete scope of the F-16 programme with Pakistan that include the number of planes, updates made to existing planes, proposed armaments, schedule of delivery and source of payment.
The administration is leaving no stone unturned as it races against time to have the US-India civilian nuclear agreement completed by the Congressional adjournment date of September 26 even if indications are there that the lawmakers may return for a Lame-Duck Session after the November 4 presidential elections.
As with the last 37 years, this year too the India Day Parade in New York saw thousands of Indian Americans throng Manhattan's Madison Avenue to celebrate India's Independence Day. For the thousands of Indians who turned up, it was a once in a year chance to showcase their country's rich cultural diversity.
'The Bush administration, through a gag order on its written responses to Congressional questions, had sought to keep the Indian public in the dark on the larger implications of the nuclear deal, lest the accord run into rougher weather. But now its 26 pages of written answers have been publicly released by a senior United States Congressman.'
United States Congressman Jim McDermott has introduced major new legislation to, in his words, "unite the two great democracies of India and the United States together in development of new and renewable energy supplies". The legislation seeks to establish a Congressional Commission on Renewable Power Technology Commerce with India to study methods for improving and promoting bilateral renewable energy cooperation with India.
There's a strong sense inside the Democratic leadership that if you care about India, now is the time to stand up for it, says Graham Wisner, counsel at the top international lobbying firm Patton Boggs.
Voted to power with an absolute majority for the first time in nearly three decades, India's Prime Minister Narendra Modi, considered as an able administrator, promises "a fresh engagement" with the United States, a latest Congressional report has said.
"Every country, whether it be India, United States, other country, could be potentially part of this small network of countries where terrorists can obtain material or expertise," said a senior US official.
The report states that while the national government sometimes spoke out against incidents of violence, local political leaders often did not, and at times made public remarks that individuals could interpret as condoning violence.
Even before the India-United States civilian nuclear agreement gets a nod from the Nuclear Supplier's Group, a hint of the US Congressional opposition has surfaced, in the form of a salvo fired by Congressman Howard Berman, chairman of the House Foreign Affairs Committee.Berman, a California Democrat, was the author of several 'killer amendments' to the enabling Hyde Act when it was debated and voted on the floor in 2006, all of which were defeated.
Congressman Jim McDermott, who represents Washington state -- who incidentally voted against the enabling legislation also known as the Hyde Act two years ago -- said, "The likelihood of Congress taking up the nuclear issue again before the end of the year is, it will be very difficult."
'It certainly doesn't have to be accomplished at the end of the year. It will not turn into a pumpkin after some days! The next president and next Congress can take this up,' says expert K Alan Kronstadt.
The United States Commission on International Religious Freedom -- a Congressionally mandated body -- has urged the US State Department "to reaffirm its past decision to deny a tourist visa to Gujarat Chief Minister Narendra Modi, who has been invited to attend a conference in New Jersey this August celebrating Gujarati culture."
Once installed, the LAIRCAM system increases crew-warning time, decreases false alarm rates and automatically counters advanced intermediate range missile systems.
Dandekar is a former Iowa legislator representing the Marion area in the Iowa House of Representatives from 2003 to 2009 and in the Iowa Senate from 2009 to 2011.
Since the new policy was instituted August 4, more than 50 such incidents have been reported across the country.
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.
'Washington senses that the anchor sheet of India's strategic autonomy lies in its longstanding partnership with Russia, which remains firm and immutable despite the changes in world politics in the post-Cold War era,' notes Ambassador M K Bhadrakumar.<
He also accused US House of Representatives Speaker Nancy Pelosi of being very rigid and doing bad politics.
Two pros say the fundamentals remain in times of market turmoil-and smart risk management can spare you financial pain in the long run
Pentagon has sought direct dialogue between India and China 'free of any coercive aspects'.
The NPT expert also said the US was speaking on both sides of its mouth on nuclear non-proliferation.
South Asia accounts for nearly 17 per cent of the US foreign aid with a major chunk going to Afghanistan and Pakistan to support war on terror, a latest Congressional report has said.
Congressman Gary Ackerman, New York Democrat and chairman of the House Foreign Affairs Subcommittee on the Middle East and South Asia, introduced the resolution, which was voted 413-0.
It will save or create more than 3.5 million jobs over the next two years, ignite spending by business and consumers alike, and lay a new foundation for our lasting economic growth and prosperity, Obama said. "This is a major milestone on our road to recovery," he said and thanked US lawmakers for making this happen, even if he failed to get any major support from the opposition Republican members.
The Indian IT companies, which account for a large number of H-1B applications, are likely to face the additional financial burden because of this proposed increase in H-1B filing fees.
Forex dealers said besides dollar's gains against other currencies overseas, increased demand from oil importers for the US currency put pressure on the rupee.
Expressing satisfaction that the 123 agreement had been passed in the Congress and that "one more hurdle had been crossed," Dr Singh said he would wait for the final outcome and the end of the Congressional process.
The two leaders discussed the status of the deal and a range of issues covering Indo-US strategic partnership at the Oval Office in the White House. The meeting slated for 5.10 pm local time (2.40 am IST) started 20 minutes late as Bush was engaged in talks with presidential candidates Barack Obama and John McCain on the financial crisis in the US.