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.
The prime minister said that a larger Indian economy has multiple benefits for the world
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
India's top IT companies need to open new facilities in the United States to create more employment opportunities for locals and to change the perception that they were job-takers, a leading US business forum representative has said.
FHe is the only one among 17 ministers from the outgoing council of ministers who lost the Lok Sabha polls to be reappointed minister.
US Deputy Secretary of State Williams J Burns said that several Indian leaders -- both business and political -- educated in the US are testament to the quality of an American education.
Ron Somers, president of United States-India Business Council, has termed the Indian government's rollback of foreign direct investment in the multibrand retail sector as yet another addition to the disappointments American business and industry has had to endure.
Govt is looking at problem solving than structural reforms to address economic issues.
In a pre-budget memorandum, submitted to the Union Finance Minister, P Chidambaram, the US India Business Council said it was concerned over the several recent policy initiatives of the Indian government in this regard.
For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.
Patricia Hewitt, chair, UK India Business Council and former UK minister, spoke on a number of government initiatives and investment sentiments.
USIBC President slams India for suspending its decision to open the multi-brand retail sector to foreign direct investment.
US Commerce Secretary Carlos Gutierrez has said that with the signing of the historic and landmark US-India civilian nuclear deal it is now imperative that India move quickly to enact nuclear liability protection to envisage the private sector of both countries to engage in business.
"Canada must evolve fast track system for business and student visas and create its brand name in India," Indian High Commissioner to Canada R L Narayan said. He was addressing an international education conference organised by Canada-India Business Council along with Shastri Indo-Canadian Institute.
The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.
USIBC urged a serious evaluation of a more specialised bilateral economic arrangement.
India Inc's India's Business Confidence Index has gone up by 5.4%.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Contrary to expectations, the new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to an over 30 per cent drop in Life Insurance Corporation (LIC) of India's premiums, albeit on a high base. Data released by the Life Insurance Council shows the industry racked up NBP of Rs 52,081 crore in March 2023, compared with Rs 59,608.83 crore in the year-ago period. NBP is the premium acquired from new policies in a year. It is the sum of the first-year premium and single premium, reflecting the total premium received from new businesses.
Ron Somers, president, US-India Business Council, which lobbied to get the US-India nuclear technology deal approved, like the rest of the American business fraternity, is upset by India's recent purchase of nuclear reactors and sophisticated technology and weaponry from Russia.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
There is deep angst and growing concern by America Inc, over India's Preferential Market Access policy and fears that as a quid pro quo, lawmakers in the US Congress may limit or even prohibit the free movement of Indian technical professionals, including quashing efforts to expand the H-1 B visa program.
Sharma said both US President Barack Obama and Indian Prime Minister Manmohan Singh are firmly committed to take this relationship to greater heights.
UK has launched an initiative called 'Next Generation India' to boost India-UK trade relations and encourage NRI entrepreneurs.
Industry sources told India Abroad they wouldn't shed any tears if the legislation died in the House.
The Bharatiya Janata Party on Tuesday clinched a stunning hat-trick win in Haryana overcoming anti-incumbency and dashing Congress' hopes of a comeback while the National Conference-Congress combine pulled off a spectacular victory in maiden elections in Jammu and Kashmir after abrogation of Article 370 in 2019.
Arguing that the 'extraordinary economic growth that has in fact been taking place between the United States and India,' that has translated 'into thousands of jobs created in both countries, has 'sometimes been lost in the distraction of the daily headlines,' is the focus of a major report officially launched by the US-India Business Council titled 'Investing in America, How India Helps Create American Jobs.'
Noting that India's rapid growth is a critical engine of global economy, PepsiCo chief Indra Nooyi has said the business community in the United States was eager on playing an active role in the country's future economic development.
'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'
United States has asked India to deliver the commercial promise of the historic civil nuclear agreement between the two countries.
The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.
The US Chamber of Commerce has written the President complaining of India's discrimination against a wide range of US exports.
Like in any expanding relationship, there will always be transactional issues to address between the two sides, says Rao.
Aziz Haniffa reports from Washington, DC, on a summit designed to transform India's education.
India open for investment; US ready to move in: USIBC chief.
Pointing out the instance of Kharge entering the Well of the Rajya Sabha on Friday, Dhankhar said, "It was extremely painful to notice that even the Leader of the Opposition walked into the Well of the House and that was a disgrace to parliamentary conduct and proprietary."
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
Speaking at a summit organised by the US-India Business Council in Washington DC, Secretary of State Hillary Clinton pushed for stronger economic and diplomatic ties between the United States and India.
USIBC wants Obama to raise America Inc's concerns with Manmohan Singh.
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