Sharif said that the US president had shown beyond any doubt that "he is a man for peace... and beneficial business deals".
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
Congress leader Salman Khurshid, who is a part of India's diplomatic mission abroad, on Monday said it is 'distressing' that people back home are calculating political allegiances and asked if it is 'so difficult to be patriotic'.
India's exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of $26.42 billion. According to the commerce ministry data released on Thursday, imports increased by 19.12 per cent year-on-year to $64.91 billion in April due to a rise in shipments of crude oil and fertiliser.
Govt has taken corrective steps to revitalise investor enthusiasm, spur growth, and tame spending.
'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
'We have to be prepared for the larger disruption that is likely to take place.'
Massive new opportunities are opening up for building roads, bridges and other infrastructure facilities for UK businesses in India, UK-India Business Council chairperson Patricia Hewitt said.
China supplied more than $20 billion worth of arms to Pakistan. These include 20 J-10CE and JF-17 Block III fighter aircraft, Wing Loong drones, frigates, submarines, Hongqi HQ-9P surface-to-air missiles, 240 PL-15E air-to-air missiles, LY-80 air defence systems, ZDK early warning aircraft and other weapons.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Amid the ongoing global tariff war, Commerce and Industry Minister Piyush Goyal on Wednesday asked exporters not to panic and assured them that India is working on the "right mix and right balance" in its proposed trade agreement with the US.
The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.
As part of Prime Minister Dr Manmohan Singh's state visit to the United States at the invitation of President Barack Obama on November 24, India and the US are endeavoring to announce the convening of a India-US Education Council on the lines of the US-India Business Council, Human Resource Minister Kapil Sibal disclosed in Washington on Friday.
USIBC has seen exponential growth in the last five years, from just 80 companies as its members to now more than 350 top American companies, including scores of Fortune 500 and global Indian companies.
Defence Minister Rajnath Singh told an all-party meeting that at least 100 terrorists were killed in the Indian strikes on terror sites in Pakistan and Pakistan-occupied Kashmir under 'Operation Sindoor'. Leaders from various parties showed maturity and extended all support to the government and armed forces.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'
'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.'
With the completion of the US-India civilian nuclear cooperation agreement, India's Minister for Power Sushil Kumar Shinde has said that India is open for business and American companies can avail themselves of the opportunities by contacting the Indian embassy or the consulates across the country for the necessary guidance.
Hospital chain Aster DM Healthcare's plans to sell its Gulf business may run into rough weather with voting advisory firm Institutional Investor Advisory Services (IiAS) raising concerns over the transaction. Recommending an 'against' vote on the resolution, IiAS has said there is no clarity on how Aster DM will utilise the proceeds that it will obtain by selling the unit, which contributes to bulk of its revenues. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion.
The Consulate General of India in Seattle was forced to deal with a law and order situation after certain individuals entered the premises unauthorized and engaged in aggressive and threatening behavior with the Consulate staff over alleged denial of visa to one of them. Former Seattle City Council member Kshama Sawant was among those who entered the Consulate and refused to leave, alleging she was denied a visa because her name was on a "reject list." Sawant claims the denial is retaliation for her office passing a resolution condemning the Citizenship (Amendment) Act (CAA) and for her efforts to ban caste discrimination in Seattle.
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.
The Supreme Court of India has reprimanded the central government for failing to implement a cashless treatment scheme for road accident victims. The court expressed its concern over the delay in formulating the scheme, which is designed to provide immediate medical care to accident victims within the crucial "golden hour." The court highlighted that despite a statutory provision requiring the scheme's implementation, the government has not taken any action, prompting the court to intervene. The court also criticized the General Insurance Council (GIC) for raising objections to the scheme and delaying its implementation. The court has now directed the government to notify the scheme within a week and has scheduled a hearing on the matter for May 13.
Valli Chettiar, charter member of The Indus Entrepreneur, Vancouver feels the Pravasi Bharatiya Divas was a wasted effort.
The meeting was attended by 26 participants including Chief Ministers and Lt Governors of UTs, he said while briefing the media.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Warner said the opportunities ranged from advancing the cause of the bilateral investment treaty, to advance the cause of greater collaboration between educational opportunities.
The Board of Control for Cricket in India (BCCI) has made its stance clear about not travelling to Pakistan for the ICC Champions Trophy 2025. On the other hand, the PCB has been firm about hosting the entire tournament in Pakistan.
'He needs to see results while he is in office.'
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
India's high commission in Canada said on Wednesday that the country's officials will resume processing some types of visa applications for Canadians applying from across the country as well as abroad.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.
The Maharashtra cabinet has approved the mandatory use of FASTag for toll collection across the state from April 1. This move is expected to streamline administrative processes, enhance transparency, and reduce congestion at toll plazas. The cabinet also approved revisions to the Rules of Business, streamlining administrative functioning and making it more efficient. The revisions include provisions related to matters to be presented before the cabinet, cases requiring approval from the Chief Minister or Governor, and procedures for meetings of the cabinet and council of ministers.
India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'