The Indian government's identification of two 'greenfield' sites for commercial nuclear development, that will utilise US technology has been welcomed by the US-India Business Council (USIBC).
Insurance companies reported nearly 23 per cent growth in first year premium in the first quarter of financial year 2024-25, when compared to the same period last year, with market leader LIC leading the charge with 28 per cent growth. According to the data released by the Life Insurance Council, the new business premium (NBP) increased by 22.91 per cent year-on-year (Y-o-Y) to ~89,726.7 crore in Q1FY25 from ~73,004.87 crore in Q1 FY24, reflecting a robust demand for insurance policies in the country.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
In a bid to restore investors' confidence after Mumbai terror attacks, the US-India Business Council has presented an optimistic assessment of the security situation in India, saying it is committed to doing trade with the country.
Corporate America does not believe that the United States-India relationship has been oversold, but that it's certainly over-hyped. However, it is more concerned over New Delhi's recent actions such as retroactive taxes and predicts all of this will lead to foreign direct investment drying up at a time when India needs it more than ever.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
PM promised a tax regime that is predictable and competitive
Corporate America has showered kudos on Finance Minister Pranab Mukherjee for his latest Budget, describing it as a 'very forward-looking confident budget'.
Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.
The current global downturn has made India even more desirable to Non-Resident Indians who are bullish about the country's growth and continue to invest heavily in the country of their origin, a report said.
The recession hit US today said it wants to enhance dialogue with India on key trade policy issues, including the bilateral investment treaty under negotiation.
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
Ron Somers, president of the US India Business Council said with the US economy emerging from a devastating global recession, it was fortunate for the country to have India as a "vigorous trading partner".
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
The US-India Business Council on Thursday announced the appointment of Ron Somers as the organisation's new president.
Ron Somers, president of the US-India Business Council, said that the reason the USIBC is so keen to deepen linkages with India across the education sector is 'because our knowledge partnership with India depends on it.'
In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'
The International Cricket Council has come under fire for having different rules and regulations for the two semi-finals of the T20 World Cup.
If the US were to look from the east coast across the Atlantic for a country with which it could collaborate, then India would be that country for reasons more than one, Minister for HRD and Communications and IT Kapil Sibal.
'In today's economically integrated world, economic relationships constitute the bedrock on which social, cultural and political relationships are built,' the minister tells the US-India Business Council in Washington, DC.
The Russian and Indian officials would be soon meeting again to discuss the final delivery schedule of the remaining two missile squadrons, sources said.
"We are very clear it is an absolute must in the bouquet of energy resources which have to be accessed," Commerce and Industry Minister Anand Sharma told a gathering of top US c corporate leaders and those from the US government at the annual summit of the US India Business Council (USIBC).
"India has been a fantastic market" for the $40 billion PepsiCo, Indra K Nooyi, chairman and CEO said, and this is the feedback she has received from other CEOs of American companies doing business in India.
The US India Business Council said India's 2010-11 Budget defined important steps aimed at fuelling growth and signaled that the global recession of 2008-2009 is already a remnant of the past for it.
Keen to capitalise on the growing geopolitical support from African nations after the recently concluded G20 Summit, India is working with the African Union to hold the fourth India-Africa Forum Summit later this year in Kenya's Nairobi, sources said. Prime Minister Narendra Modi is expected to attend the mega meet along with as many as 50 African leaders, they added. First held in New Delhi in 2008, the India-Africa Forum Summit marked India's initial diplomatic efforts to seek a comprehensive partnership with the African bloc of nations as a whole, at a time when China had begun its own outreach.
James Laurence Balsillie, founder and co-chief executive officer of Research in Motion, feels that in the next 20 years, India will reach the developed nation status with $20,000 per capita income in terms of purchasing power parity.
Kaye, the Warburg Pincus co-president, will succeed Rajat Gupta, McKinsey & Company's senior partner worldwide.
Sachin Pilot, Minister of State for Telecommunications and Information Technology, has predicted that, thanks to the mobile technology boom, telephone calls and related charges in India would soon be free. Pilot said that in such a scenario, telecom companies would have to think of novel ways to make money, with services such as data transfer to survive and stay competitive.
Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member bloc being hosted here by South Africa. In their two addresses at the Summit so far, the leaders of Brazil, Russia, India, China and South Africa have made no or scant references to the issue either. "The BRICS Business Forum discussed the international payments system in detail. "Participants also debated the question of whether a BRICS currency is possible or desirable, with strong views expressed both for and against and little consensus reached," Sim Tshabalala, chief executive of Standard Bank Group, told several hundred captains of industry from the partner countries and over 40 other nations across the globe at the Summit.
This will also help test the effectiveness of preventing the entry of Nipah in target cells.
Ron Somers, president of the US-India Business Council, has said that the top priority on his organisation's wish list for the Obama Administration is that "we are intent on seeing a bilateral investment treaty executed between our countries."
Tara completes a landmark... Mallika's favourite colour... Ibrahim goes to Miami...
In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
'Every type of deal that US government officials were privately indicating 'hope' to have included a few months back made it in.'
The US-India Business Council on Monday termed growing ties between Washington and New Delhi as a 'catalyst' for continued economic growth, even as a former US envoy wanted the two countries to go beyond rhetoric.
Indra Nooyi, the outgoing chairman of the US-India Business Council, said that the two of the major achievements during her tenure were the signing of the US-India civilian nuclear deal - where the USIBC played a catalytic role in garnering support on Capitol Hill - and the univocal support extended by the members following the 26/11 Mumbai terror attacks.
Such a partnership between the two countries, after the civilian nuclear deal, is essential to jointly meet the challenges of climate change, prime minister's special envoy on climate change Shyam Saran told a meeting of US corporate leaders organised by the US India Business Council. USIBC had played a significant role in the passage of the Indo-US civilian nuclear deal, despite tough hurdles.
Modi assured US investors that in the next six months, he would implement all the things necessary for ease of business in the country.
Despite the devastating terror attack on Mumbai, the US-India Business Council has decided to take its largest ever trade delegation of American commercial nuclear executives to India in January next year.
Stating that New Delhi has credible evidence that a portion of US aid to Pakistan is being used against India, the Congress party has asked the Obama Administration to have an effective monitoring mechanism of its civilian and military assistance to Islamabad.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances