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.
The Life Insurance Corporation of India has the wherewithal to acquire a composite license, a top source aware of the development told Business Standard, adding that the insurance behemoth may look into entering the health and general insurance segments. "LIC has the scale, capacity, IT infrastructure, and the distribution reach to take advantage of the composite license. "LIC is looking at organic as well as inorganic growth opportunities.
Kaye, the Warburg Pincus co-president, will succeed Rajat Gupta, McKinsey & Company's senior partner worldwide.
'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'
The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.
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.
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."
According to the available information, two Hindu leaders, who were incidentally leaders of Hasina's Awami League party, were killed in north-western Sirajganj and Rangpur, Debnath said, adding that the Council was still gathering more information.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
'International cricket is incomplete without Pakistan.'
External Affairs Minister S Jaishankar on Tuesday targeted Jawaharlal Nehru and claimed that past mistakes were responsible for the problems such as Pakistan Occupied Kashmir (POK) and occupation of some parts of the Indian territory by China.
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.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
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.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Modi assured US investors that in the next six months, he would implement all the things necessary for ease of business in the country.
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.
External Affairs Minister S Jaishankar has met United States Defence Secretary Lloyd Austin and held a productive conversation with him on deepening bilateral defence cooperation, including in the co-production of defence articles, and exchanged perspectives on a variety of security issues.
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.
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
India will be among the top five aviation markets in the world - both in terms of size and scale in the next five years, Civil Aviation Minister Praful Patel said.
"The rest of the world should pass a motion of thanks to India for keeping its emission at a level which actually is below the level required to achieve climate sustainability," says Montek Singh Ahluwalia, a key member of Prime Minister Manmohan Singh's economic team.
It would essentially showcase American excellence in technology superiority, reliability, and long-term partnership at the prestigious show, which would be organised between February 4 and February 11, 2007.
India has urged Canada to ease visa regulations to facilitate its student community and boost trade and employment opportunities.
'When you look at the United States-India partnership and the relationship, this is a good news story.'
Foreign Secretary Shivshankar Menon will open the 5th US-India High Technology Cooperation Group hosted by the US-India Business Council at the US Chamber of Commerce in Washington DC on February 22.
The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).
Hires 2 former US ambassadors to India.
Kharge claimed that the wording as well as the tone and tenor of the remarks made by the Home minister "are clearly satirical and made in a very bad taste".
'At the heart of the strategic relationship between our countries are economic ties.'
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
India's biotech industry has a vast potential for bilateral cooperation with US firms for collaborative research, technology trade, licensing and distribution.\n\n\n\n
India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.
'We are not opposed to any Indian language. We are against Hindi imposition.'
'Reports of the JD-U joining hands with the BJP again is baseless.'
According to the World Bank, economic growth in middle-income countries, including India, is not accelerating. 'In fact, it is slowing down as incomes increase, with the trend becoming more pronounced each decade.'
In an interactive session with PBS television's talk show host Charlie Rose at the 33rd anniversary summit of the US-India Business Council, Nath said, "Indian investment in the United States in the last two years is more than the US investment in India in the last two years, and India has created more jobs in the US than the US has created in India."
Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.
