US lawmakers have expressed concerns that policies enacted by the Trump administration, such as the H1B visa fee and tariffs on India, are detrimental to American businesses and threaten the relationship between the United States and India.
The stock of automative major Eicher Motors hit its all-time high on Wednesday, capping the year with gains of about 52.7 per cent. It has comfortably outperformed its sector index, the Nifty Auto, which jumped 22.7 per cent, as well as the benchmark Nifty, which rose 10 per cent during this period.
Brokerages expect the company to continue outperforming in the auto segment, driven by launches and the strong trajectory of healthy bookings.
US lawmakers have urged President Donald Trump to reconsider his proclamation on H1-B visas, including the USD 100,000 fee, asserting that Indian nationals are central to American leadership in IT and AI, and the restrictions will negatively impact US-India ties.
Gujarat Chief Minister Bhupendra Patel reshuffled his cabinet, inducting 19 new ministers and elevating Harsh Sanghavi to Deputy Chief Minister. The swearing-in ceremony took place on Friday, with several existing ministers continuing in their roles.
Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months. More than half of the top 15 gainers over the past one, two, and three months have come from the sector.
Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.
The lawmakers also hailed the strong strategic partnership between India and the US during a meeting with an all-party delegation led by Congress MP Shashi Tharoor, who briefed them on the cross-border terrorism faced by India and the country's strong and resolute stance in the fight against terror.
Six Indian American leaders were sworn in as members of the US House of Representatives, marking the largest number of Indian American representatives in the US Congress. The group includes Congressman Dr Ami Bera, who has served seven consecutive terms, and newcomers Suhash Subramanian and Shri Thanedar. The six lawmakers, all Democrats, represent a significant milestone for the Indian American community in the US.
Nine Indian Americans are running for the US House of Representatives, which includes a re-election bid by six of them while three are making their maiden foray into Congressional politics.
"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."
A record five Indian-American lawmakers from the ruling Democrat Party, including Raja Krishnamoorthi, Ro Khanna, Pramila Jayapal and Ami Bera have been elected to the US House of Representatives, while several others were elected in state legislatures, in one of the most polarised midterm elections in the country.
He defeated his Republican rival Martell Bivings by a margin of over 35 percentage points as he was re-elected for the second term. In a statement he credited his victory to his record of delivering strong constituent services, standing up for working families, fighting for unions, and always fighting for reproductive freedom.
Six Indian Americans have won the elections to the House of Representatives, increasing their number from five in the current Congress.
Indian American Congressman Ro Khanna, 47, is headed towards running for presidency of the United States, his Indian American colleagues in the US House of Representatives believe.
The announcement for the QUAD Caucus came from Congressman Ami Bera, Ranking Member of the House Foreign Affairs Indo-Pacific Subcommittee, Congressman Rob Wittman, and Senators Tammy Duckworth and Pete Ricketts, both members of the Senate Foreign Relations Committee.
This was the second incident of desecration at a BAPS temple in less than a month in the US amidst the growing trend of temple vandalism as part of a systematic hate crime against the Hindu community in the country.
United States Congressman's father is convicted of making illegal donations to his son's campaign coffers.
Fresh from his maiden trip to Afghanistan, Democratic Congressman Ami Bera, the only Indian-American lawmaker in the Congress, has said that India has a very critical role to play in peace and development in the war-torn country.
Babulal 'Bob' Bera, US Congressman Ami Bera's 83-year-old father, faces five years in prison.
Indian-American lawmaker Ami Bera has taken a lead of more than 700 votes over his Republican rival in the Congressional elections from California.
Indian-American Congressman Ami Bera is confident of winning the SacramentoCounty seat after gaining more than 1,650 votes over his Republican opponent in the polls, with several thousand ballots still to be counted.
Running for the US House of Representatives from the 10th Congressional District of Virginia, a Democratic stronghold, Subramanyam defeated Mike Clancy of the Republican Party. He is currently a Virginia State Senator.
Congressman Ami Bera's re-election bid has got a major boost with former US President Bill Clinton campaigning for him in the California seat where the Indian-American is locked in a tight contest.
Chattopadhyay was seen being taken out of his residence at Subhasgram in South 24 Parganas district around 2 pm by ED officials, who previously conducted search operations at the premises for over seven hours.
Bera now leads Scott Jones by over 2 per cent, increasing the prospect of him being elected for the third time.
"After months of a divisive national election, our job now is to bring our country back together," he added.
The only Indian-American in Congress won the election in 2012 and re-election in 2014 by wafer-thin margins. His race this year is officially a 'close contest'.
Spice up your home menus preparing a creamy prawn curry and Bengali-style potatoes.
Hours before the crucial United States mid-term polls, Congressman Ami Bera's re-election campaign got a shot in the arm with First Lady Michelle Obama appealing to voters in California seat, where the Indian-American is locked in a tight contest, to vote for him.
The stock of Crompton Greaves Consumer Electricals has shed about 12 per cent since the start of the month due to a muted near-term outlook. Demand slowdown across segments and pre-buying in cooling products in the June quarter are expected to weigh on revenues going ahead. In addition to pre-buying in the preceding quarter, demand conditions are soft on account of lower consumer spending due to inflationary conditions, weakness in rural demand and the fact that Q2 remains a soft quarter after a strong summer.
The electoral fate of Indian American physician Dr Ami Bera, who has a slender lead of 184 votes over his Republican rival in the Congressional election from California, now depends on the counting of tens and thousands of provisional and absentee ballots, which might take days or even weeks.
The Indian-American Democrat edged out his competition Republic Doug Ose by a narrow margin of 1,432 votes to represent California's 7th Congressional District, reports Rediff.com's Aziz Haniffa.
Democratic Congressman Ami Bera and his Republican colleague George Holding would be the new co-chairs of the powerful Congressional Caucus on India and Indian Americans.
Soon-to-be Indian American United States Congressman Dr Amerish 'Ami' Bera has appointed long-time Democratic and community activist and erstwhile Congressional staffer Mini Timmaraju as his chief of staff.Hyderabad-born and Texas-raised Timmaraju, 39, is currently the director of the Office of the President at Planned Parenthood Federation of America and a former district director for US Congressman Nick Lampson of Texas.
The independent Centre for Politics at the University of Virginia moved his seat (California 7th Congressional District) from a "tossup" to a "Lean Democratic" which means that Bera has now greater chances of winning the seat by defeating the incumbent Dan Lungren of Republican Party.
The only Indian American lawmaker in the United States Congress, Dr Amerish 'Ami' Bera, on Tuesday made his debut as a member of a Congressional Committee that has jurisdiction over matters pertaining to South Asia.
California-based physician Ami Bera, the third Indian American to get elected to the United States House of Representatives, has termed India as an important strategic partner of the US. Bera asserted that New Delhi should continue with its strategic partnership with Washington and the country should remain a market destination for US goods and services.
Ami Bera, a California-based Indian-American physician, was on Friday sworn in as member of the United States House of Representatives, becoming only the third from the community to enter the Congress.
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