Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
Indian economy is likely to expand at close to 9 per cent this fiscal and the government may take more steps such as relaxing norms for infrastructure companies to raise funds abroad for sustaining high growth, Finance Minister P Chidambaram said on Monday. Chidambaram said India needs to raise investment in infrastructure from the current level of five per cent of GDP to nine per cent of GDP over the next five years.
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
US Senator John Cornyn, the founder and co-chair of the Friends of India Caucus in the US Senate with Senator Hillary Rodham Clinton, has exhorted Prime Minister Manmohan Singh not to throw in the towel on the US-India civilian nuclear deal. Cornyn also urged Dr Singh to try and resurrect the deal from the life-support it is on now.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
"Getting straight to business. PM @narendramodi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in #Houston. Discussion focussed on working together for energy security and expanding mutual investment opportunities between India & US," MEA Spokesperson Raveesh Kumar said in a tweet.
What did Narendra Modi tell former Utah governor Jon M Huntsman when he met him? Aziz Haniffa/Rediff.com reports from Washington, DC.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
The US said that it supports dialogue between India and Pakistan over Kashmir.
It is necessary to have a sense of pride in your state, he said.
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
The council resisted intense pressure from the powerful manufacturing, pharma and other trade lobbies that have urged the Obama administration to enact punitive measures against India for a laundry list of alleged intellectual property and patent violations.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
This is for the first time in recent history that the leaders of the two largest democracies would be addressing a joint rally anywhere in the world.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
Dispute over IPR was a bone of contention in bilateral ties till a couple of months ago.
Indra Nooyi joins several prominent persons of Indian-origin who have donated generously to US universities.
New Delhi has always maintained that its IPR regime is fully compliant with all international laws.
To mobilise private capital in the clean energy sector, the US has agreed to place a field investment officer in India apart from hosting a series of events to overcome strategic barriers in accelerating institutional and private financing.
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
PM promised a tax regime that is predictable and competitive
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
Direct contacts between Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the WTO from implementing a $1 trillion package of reforms.
Says CISCO executive chairman John Chambers, who's 'met every leader in the world, and got to know them very well.'
When Obama signs the NDAA 2017 into law this week, the US-India partnership will be enshrined in US legislation, binding every succeeding administration, whatever its inclinations, to treat India as a 'major defence partner,' says Ajai Shukla.
The White House said that the US-India partnership has come a long way in the past eight years, but the best is yet to come.
While inaugurating the leadership summit of the US-India Business Council in Washington, DC, US Vice President Joe Biden said that there was no reason why the two largest democracies in the world should not continue to have a more productive relationship. Aziz Haniffa/ Rediff.com reports.
Both countries have been working on administrative assistance.
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Expressing concern over the investment and innovation environment in India, a top US trade official has said the recent set of economic reforms initiated by the country were not enough to return to the path of robust growth.
"I am certain that now that the growth is returning back to the world, the future holds an important direction as far as India is concerned. The sheer size of the country and economy would offer huge opportunity for investment in India in the next few years," the finance minister said in Washington, DC.
'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
We must take action to address the impediments to growth faced by our businesses and our economies. And we can only succeed by working together, says American Secretary of Commerce Penny Pritzker.
'A lot of people,' says India's Ambassador to the US, 'are struggling how to define this relationship.' Aziz Haniffa/Rediff.com reports from Washington, DC.
US President Barack Obama on Saturday embarked on his highly anticipated three-day landmark trip to India during which the two countries will strive to make progress on climate change, defence and economic cooperation.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
"It would be my hope that people understand why this particular transaction is important for us," the EAM said in Washington, DC.
