Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.
A decision on the interest rate for close to 60 million active subscribers of the Employee Provident Fund Organisation (EPFO) is likely to be taken in the next Central Board of Trustee (CBT) meeting, starting on March 25. A letter from the social security organisation regarding the convening of the 233rd CBT meeting was sent to all the board members last week, soliciting their presence in the meeting. Although the venue and the agenda haven't been drawn out yet, sources familiar with the matter say that the interest rate is unlikely to go below 8 per cent level amid a rising interest rate scenario across the globe.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
Tesla CEO Elon Musk on Friday said that the deal to buy the social media platform Twitter is put on hold due to the calculation of fake accounts in it. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5 per cent of users," Musk tweeted. Media reports said Twitter shares fell by 20 per cent in early trading after this announcement.
Commerce and industry minister Anand Sharma warned against protectionist measures resorted to by developed countries saying those measures would further deepen recession and delay a recovery in the world economy.
'There's no pro-China tilt in BRICS.' 'All these countries want to be close to China, but they are all good friends of India also.'
Prince Charles will represent Queen Elizabeth II, ceremonial head of the Commonwealth, at the Opening Ceremony of the Games on Sunday.
With global trade talks struggling to make some headway, the US on Tuesday declined to improve its offer for reducing farm subsidies and instead sought greater market access in other developed countries such as the European Union.
The United States has approached the World Trade Organisation against India over the high customs duty it imposes on import of wine and distilled spirits.
The top Obama Administration official said the US will negotiate agreements that commit its trading partners to protecting American intellectual property, such as the Anti-Counterfeiting Trade Agreement and the Trans-Pacific Partnership.
India's drug policy of stringent price control regime is a major concern for United States industries because it creates obstacles to maintaining viable businesses in the country, according to a report by the United States Trade Representative.
The resolution observed that the American-Hindu community has been a major contributor to diverse sectors such as medicine, science and engineering, information technology, hospitality, finance, academia, manufacturing, energy, retail trade, among others.
The unions would give the notice for strike to the Government on August 4, All India Trade Union Congress' Andhra Pradesh unit General Secretary P J Chandrasekhar Rao told reporters in Vijayawada on Wednesday. Prior to that, the union representatives would meet here on July 21 to finalise their stragegy for the stir, he said. The strike call has been given by 56 unions and their affiliated units which have prepared a seven-point charter of demands, Rao said.
Terming an American proposal to increase visa fees as discriminatory, Commerce and Industry Minister Anand Sharma on Tuesday said the increase would cost Indian firms $200 million extra a year and make them less competitive.
US said access to affordable health care entails a large number of factors from rates, logistics to insurance reforms.
A seven-city European roadshow by the Abu Dhabi Tourism Authority (ADTA) looks certain to reap dividends by the end of the year, even as Emirate plans a similar event in India.
If the United States has its way in the World Trade Organisation, Indians may soon be able to savour the famed Californian wine for a much lesser price.
The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications.
Modi met Biden for all three days between June 21 and June 23 during the Indian prime minister's state visit to the US.
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
The G20 foreign ministers' meeting on Thursday was unable to come out with a joint communique due to sharp differences over the Ukraine conflict despite persistent efforts by host India to build consensus.
In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India's trade deficit recorded a sharp fall.
An Indian American has been appointed the chief agriculture negotiator of the United States, who would carry out all critical negotiations for the country in the crucial Doha round and other bilateral discussions.
The Maharashtra government has invoked the MESMA barring employees of state-run electricity companies from joining the protest.
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
He has been in tremendous form of late with one hundred and three fifties in his last six 50-over games.
The US was 'extraordinarily' frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama Administration has said.
Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The ministry of electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes.
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free. Holcim had on Sunday signed a binding agreement with the Adani Group to sell its business in India -- about a 63 per cent stake in Ambuja Cement, which owns a 54.53 stake in ACC (of which 4.48 per cent is direct shareholding). "So, according to our analysis, it is a tax-free transaction," Holcim CEO Jan Jenisch said while addressing investors after the deal on Monday." When asked about the tax implications, he said: "Never know if any complication arises, but we assume that we will get the 6.4 billion Swiss Francs as net proceeds." As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion ($6.38 billion).
At the invitation of Prime Minister Narendra Modi, President Xi Jinping and PM Shehbaz Sharif will attend via video conference, the 23rd meeting of the Council of Heads meeting of the SCO on July 4.
The US is open to a Free Trade Agreement with India but wants bilateral economic engagement to increase further, a senior US government official said.
Exports from India to Pakistan increased by 95.63 per cent to $1.3 billion in 2006-07 against $690 million in the previous fiscal. Imports from Pakistan in the same year were worth $320 million, an 80 per cent increase over the year-ago figure of $180 million. Within the SAARC block, India has been the biggest trading partner of Pakistan in the last six years. According to analysts, India's share in Pakistan's total trade over the last six years stands at almost 50%
The video game industry singled out Malaysia and China as among the worst havens for piracy in this year's 'Special 301' filing submitted to the US Trade Representative by the association representing computer and video game publishers.\n\n
One reason why volumes have not increased in the retail segment is that users are not aware of merchants who accept digital currency.
Rejecting US criticism that India has a closed economy, the government on Thursday said growth in imports were a testimony to the liberalising economy and expressed confidence that the IT industry would find a "creative solution
Commerce minister Anand Sharma had taken up the treaty when he was in the US in June. The two are also trying to bridge differences on the investment protection treaty.
Noting that Obama Administration is fundamentally committed to developmental premise of Doha Round, US Trade Representative Ron Kirk has said that advanced developing countries like China and India need to come in the same spirit as the United States for its success.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.