Uttar Pradesh Chief Minister Akhilesh Yadav's proposed visit to the US in July to boost investment chances in the state now appears to be in limbo with his Samajwadi party taking a belligerent anti-US stand.
E-sports experts say the burgeoning sector will not be affected by the Goods and Services Tax (GST) Council's recent decision to levy a blanket 28 per cent tax on online gaming, which is being viewed by the industry as a death blow to gaming companies.
India with its promise of higher return on investments offers boundless opportunities for corporate America to invest in the country, particularly in manufacturing and infrastructure, Commerce and Industry Minister Anand Sharma has said.
Ron Somers, president, United States-India Business Council speaks his mind about Indo-US tiff over outsourcing.
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
Nadella's visit comes at a time when the Indian government is taking a strong position on issues like data localisation and tightening the rules for e-commerce companies as well as social media platforms.
The US-India Business Council (USIBC) will confer the 'Global Vision' 2007 award for leadership on Reliance Industries Ltd chairman Mukesh Ambani in Washington on Wednesday.
TechHub, which seeks to promote an exchange of ideas and forging of collaborations, was inaugurated by Nick Clegg, deputy PM, UK.
'We have never before seen an Indian prime minister's visit to the United States so heavily business-oriented and so packed with meetings with the US business community.' Aziz Haniffa/Rediff.com reports from Washington, DC.
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
Explore, engage, participate and excel in as many co-curricular activities and hackathons as possible to improve your self-confidence, communication skills and overall personality, advises rediffGURU Chocko Valliappa.
Observing that voices of protectionism emanating from the political quarters, is an issue of concern for American businesses, an Indo-US chamber has said it believes that such trends need to be resisted.
Nooyi is the first woman to ever serve at the helm of the premier business advocacy organization.
United States President Joe Biden and First Lady Dr Jill Biden on Monday hosted a Diwali reception at the White House in what they called the largest since the People's House started celebrating the festival during the George Bush administration.
Looking ahead to global economy of the future, the US-India Business Council (USIBC) has announced the launch of a new initiative aimed at strengthening institutional linkages between academia, industry and NGOs focusing on the elementary, vocational and higher education sectors in both countries.
The survey report, titled Opportunities For UK Plc In Emerging Cities In India, also ranks eight other cities -- Ahmedabad, Chandigarh, Jaipur, Goa, Indore, Kochi, Nagpur and Vadodara -- as the most conducive destinations for UK investments in India. While its annexure lists 41 cities in the survey's ranking -- with Pune holding the top rank and Ranchi getting the lowest rank -- it provides a detailed study of nine cities that merit UK investment the most.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
William S Cohen, former defence secretary in the Clinton administration and a three-term Republican United States Senator and currently the chairman and CEO of the Cohen Group and a member of the board of directors of the US-India Business Council, has applauded the appointment of Nirupama Rao as the new ambassador to the US. It comes as a propitious time when there's a sense that the US-India relationship is adrift, he has said.
United States President Joe Biden is all set to visit India and is 'very excited' about the important initiatives he will be championing at the G20 Summit in New Delhi, according to senior White House officials.
'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.
On Monday night, Air India hosted a dinner Melbourne for the Indian diaspora and Australian leader and government officials to mark its launch in Victoria.
Harold 'Terry' McGraw, chairman, president and chief executive officer, McGraw-Hill companies, has taken over the helm of the United States-India Business Council, succeeding Indra Nooyi, chairman and CEO, PepsiCo.
In a statement, the state government alleged 'malicious attempts' to discourage the use of products lacking a halal certificate not only seek 'unfair financial benefits' but also form part of a 'pre-planned strategy to sow class hatred, create divisions in society, and weaken the country' by "anti-national elements".
An obviously chagrined United States-India Business Council, which has lobbied feverishly for the passage of the US-India civilian nuclear deal in the US Congress, on Monday issued a guarded reaction to the passage of the nuclear liability bill in the Parliament that had 'compromised on the indemnity clause demanded by American companies to protect it from liability in case of a nuclear accident.'
With billions of dollars in military technology agreements likely to be made with the United States-India nuclear deal going through, there's an excited buzz among American companies.
'They made so many toppers in NEET that automatically the paper leak issue got exposed.' 'The first mistake they did was announcing 67 toppers in NEET. No way this figure was possible.' 'The maximum numbers of toppers that you can have are two or three at best every year.'
MCC expresses interest to host Indo-Pak Test after T20 WC clash success
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Commerce Minister Anand Sharma on Wednesday sought to assure prospective American investors that India is a 'welcoming investment' destination where the climate is 'totally conducive' to such actions.
Stating that the deal had good bipartisan support, Rice said: "I do not believe this initiative is Republican or Democratic."
The USIBC said that this was 'a significant step that puts decades of Cold War baggage behind the world's two largest democracy', and that in achieving 'consensus' on this 'key bilateral agreement', it held out the promise 'to bolster the US and India as reliable partners for the long future in the sensitive areas of defence and security trade'.
If confirmation was required that the Indo-US nuclear deal has opened doors for business between the two countries, it is here.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
India's burgeoning entertainment industry loses as much as $ 4 billion and 800,000 direct jobs each year due to counterfeiting and piracy, a latest study says. The study -- The effects of counterfeiting & piracy on India's entertainment industry -- was prepared by Ernst & Young India. It was commissioned as part of the USIBC-FICCI Bollywood-Hollywood Initiative, which promotes the sustainable growth & convergence underway between the entertainment industries of the US & India
The Indian film industry joined hands with Hollywood on Wednesday to counter piracy.
There is a case for more stringent evaluation of CSR plans based on voluntary allocations, but a rule-based approach might be more effective.
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