In addition to Pichai and Nadella, IBM's Arvind Krishna, Micron's Sanjay Mehrotra, Ajay Banga from Mastercard and Ann Mukherjee from Pernod are among the six Indian-Americans among over 200 corporate honchos who will advise the President and offer recommendations on how to revive the American economy.
He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.
Policy makers in Asia are looking at social protection measures to provide relief.
An understanding in this regard was reached during the economic dialogue being held between Chinese vice-premier Wang Qishan and US Secretary of Treasury Timothy Geithner.
The Group of Fifteen (G-15) developing countries, including India, have called for effective supervision of major financial centres and institutions to prevent repeat of recent global economic crisis which they said had adversely impacted the developing nations.
India on Monday sought comprehensive reform of international financial institutions to enable enhanced capital flows and infrastructure investment in developing markets, which it said will strengthen recovery from the worst global economic crisis since 1945.
The remittances increased from $26.37 billion duringthe same period in the previous year, as India provided much better returns.
United States President Barack Obama claimed credit for the policies employed by his administration to tackle the global economic crisis during a visit to an auto plant rescued from bankruptcy with federal aid on Tuesday, where he warned the world not to bet against America.
In his address at the Reserve Bank of India's platinum jubilee celebrations in Mumbai, the prime minister said banks needed to provide instruments to Indian companies to help them manage their foreign currency risks.
Pakistan will get a whopping $6.2 billion aid from the World Bank in the next three years to come out of the current economic crisis, reduce poverty and improve the fragile security situation in the country.
There is no denying the fact that thanks to its treasure-trove of skilled manpower and high growth of software export, India has gradually developed to be an IT powerhouse.
'Prime Minister Modi stated several times that we shall not let this challenge go away without converting it into an opportunity to undertake systemic reforms.' 'And hasn't that been reiterated in action?'
Most Indians have positive image of the United States, with 66 percent expressing a favourable opinion, as President Barack Obama's job approval rating among his own people declined sharply, an opinion poll suggested on Friday.
Noting that the economic crisis had underlined an urgent need for reform in the international financial structure, member of parliament Saifuddin Soz called for a greater role for developing nations in norm-setting and decision-making bodies like the International Monetary Fund.
Indian policy makers will have to evolve an exit strategy that maintains high growth with price stability.
Immigrants from five countries -- India, Bolivia, Lebanon, Sudan and Ghana -- stood in a line during the ceremony in the White House.
'Without reviving employment, consumer confidence will not go up.'
'Is it too much when senior -- very senior --politicians fear the law so little that they accept payment through cheques, something that can be easily traced?'
The dream run in China's car market is likely to come to a screeching halt in 2011 after Beijing announced the withdrawal of incentives on small cars with a 'Made-in-China' tag and imposed restrictions capping the number of new vehicles allowed on the roads.
The organised sector in India has created 739,064 jobs between January and September 2010 and 394,700 more jobs are estimated to be added in the current quarter, according to MaFoi Randstad Employment Trends Survey (METS), an HR services company.
The FMCG sector has grown consistently during the last three to four years and is expected to grow at 12-15 per cent over the next three to four years.
As the global economic scenario is improving, Ajay Chhibber, regional director (Asia and the Pacific) for the United Nations Development Programme, believes employment will be the major indicator to gauge the firmness of the economic recovery.
As many as nine companies which suffered the brunt of the economic crisis and were bailed out by the government -- including Citigroup and Goldman Sachs -- are among the least reputed companies in the US, a study said.
She charged the government with profiteering at the expense of the people, saying its duty was to help them in times of crisis and not make profits out of their hard-earned money.
Indian tech firms like TCS, Wipro and Infosys have seen slower recruitment since the first quarter of 2008.
China, world's sixth largest economy, has recorded an average nine per cent growth over the last two decades, while India has seen growth touch nine per cent only in the three years till 2007-08. But the global financial crisis ate into this progress and growth slipped to 6.7 per cent in 2008-09.
Reforms are key to India sustaining the pre-economic crisis growth rate of 9 per cent, United States Treasury Secretary Timothy Geithner said in New Delhi on Monday.
This will be exacerbated by the falling number of masters and PhD holders in science and engineering, restrictions on cross-border movement of IT professionals and the US H-1B visa programme.
With various financial sector bills pending in Parliament, the US today said India should further liberalise this area to sustain 8-9 per cent growth it was recording before being impacted by global economic crisis.
"The economic debacle over the last two years devastated Advanta's small business customers and Advanta itself," its Chairman and CEO Dennis Alter said.
India needs to hardsell itself as a preferred tourism destination in overseas markets, besides promoting domestic tourism. We expect the Union Budget 2010-11 to be positive for the hotel industry.
Experts are divided whether investing in international funds would prove to be as beneficial as they did last year. But if you are a staunch believer in the resilience of Indian markets and economy you could simply stay at home. All in all, if you choose to cross the border to invest, do it with care and expert guidance.
Indian auto market is not only attracting economy models or luxury car makers, the country has also become a launch pad for ultra-luxury and super cars.
Indian engineering and management institutes, which have set up bases in Dubai, are facing a 13-60 per cent dip in admissions due to the economic crisis in the city, which is one of the seven emirates of the United Arab Emirates (UAE).
According to analysts, everyone across the globe has learnt several important lessons from the financial turmoil during the past year or two, which has made them highly risk averse.
In an article in The Washington Post, Pakistan President Asif Ali Zardari explains the steps taken by his government to combat the ongoing economic crisis, claims that the army is winning in its offensives against militants in tribal areas and defends the country's alliance with the United States.Zardari claims that he is "working with Parliament to run a country, not a political campaign", adding that "in time, good policies will become good politics".
Arguing in favour of public transportation system instead of depending on cars for commutation, Obama at a rally in Buffalo said mass transit system would be good for the environment.
The Indian economy, by and large, will withstand the current crisis like it withstood the Asian and Western world credit crises.
Prime Minister Manmohan Singh on Friday said the government was conscious about the adverse effect of economic crisis on Indians employed abroad and was working on a project to provide social security net for the workers returning home.
Strauss Khan argued that the stimulus measures adopted by countries to combat the global crisis should be withdrawn only when the economic recovery has taken hold and unemployment is set to decline.
