Page 48 - Us India Relations

HCLTech not dependent on H1B, new US regime will hardly impact biz: Exec

The new regime in the US is unlikely to affect the business of Indian IT company HCLTech as it is very less dependent on H1B visas, a senior company executive said. "About 80 per cent of our people in the US are all locals, so our dependence on the H1B is one of the least in the industry. And it is not just now if I look back over the last 4 odd years, we have been pretty locally self-sufficient. "And that reflects in the number of H1Bs that we go through every year. It ranges between 500-1,000 in a year max...so it is minimal dependence," said Ramachandran Sundararajan, Chief People Officer, HCLTech. HCLTech on Monday reported a 5.54 per cent rise in consolidated net profit to Rs 4,591 crore for the December quarter. The H1B visa programme allows US companies to temporarily employ foreign workers in speciality occupations. Indian companies have been significant beneficiaries of this programme, particularly in the technology sector. Donald Trump's return to the presidency is expec

Trump 2.0 era: Govt asks industries to identify import prospects from US

Major economies closely following Trump's moves

EAM Jaishankar to attend Donald Trump's oath taking ceremony on January 20

Last month, Jaishankar was in the US to kickstart high-level engagements between the incoming Trump 2.0 administration

India my most extraordinary job, has captured my heart: US envoy Garcetti

US ambassador to India Eric Garcetti on Thursday described his tenure in the country as the "most extraordinary", and said India captured his heart. During his interaction with select media representatives on the sidelines of a programme here, he said the relationship between India and the US holds "endless possibilities". Garcetti, whose term as the US ambassador to India is ending soon, said his stint in the country was the most extraordinary job of his life. "This was to be in the right place at the right time with the right relationship," he said. "President Joe Biden had said India was the most important country in the world to him and if you want to work on the future, you need to come to India. No US president has ever said this," he said. "India US relationship is the defining relationship. All of us know that building peace is to deter war, to make sure it doesn't occur. Borders should be sacred and sacrosanct. Rules are the only way to keep peace," he said. Hailing the

India, USA united in fight against terrorism, says US ambassador Garcetti

US ambassador to India Eric Garcetti on Thursday said India and America are united in the fight against terrorism, and expressed satisfaction over the "increased" intelligence sharing and cooperation between the two countries to bring perpetrators to justice. The American Dream and the Indian Dream are flip sides of the same coin, he said, adding that the relationship between the two countries was "multiplicative" and that they have responsibility beyond their borders. Addressing a gathering on 'Peace and the role of the US - India defence and security partnership' here, Garcetti said many innocent lives were being snuffed out due to terrorism. "Both the countries face the threat from terror organisations like Lashkar, Jaish, ISIS. These terror outfits operate across borders and we must meet this threat together. Our collaboration extends beyond fighting terrorism but we must also see how we can de-radicalise communities," he said. "We have to invest in opportunities in some of our

Staffing firms cornered 30-40% of H-1B visas: Indo-US forum chief Aghi

Aghi talks on the challenges and opportunities in business between the US and India

Nuclear deal, space, defence: Key points from US NSA Sullivan's India trip

US National Security Advisor Jake Sullivan visited India from January 5-6 for his final overseas trip before leaving office

India, US need to work with partners to build trusted innovation base: WH

India and US now more than ever need to work with their partners to build a trusted and resilient innovation base, the White House said following the meeting between its National Security Advisor Jake Sullivan and his Indian counterpart Ajit K Doval. Our two nations have taken significant steps forward together to integrate our technology and defense supply chains in recognition that, now more than ever, we need to work with our partners to build a trusted and resilient innovation base, the White House said in a fact sheet. Sullivan and Doval in 2022 were instrumental in launching the path-breaking US-India initiative on Critical and -Emerging Technology (iCET) at the direction of President Joe Biden and Prime Minister Narendra Modi. Sullivan travelled to India this week to meet Doval. He also had a meeting with External Affairs Minister S Jaishankar and called on Prime Minister Narendra Modi. During their capstone meeting, Sullivan and Doval underscored the vital importance of our

PM Modi appreciates letter from President Biden handed over by NSA Sullivan

During the meeting, PM Modi recalled his meetings with Biden, including during his visit to the US for Quad Leaders' Summit in September last year

US NSA highlights challenges posed by China's 'predatorial strategies'

Sullivan emphasised the significance of stronger defence cooperation between the US and India, citing its role in enabling greater security across the region

India-US ties have reached new heights in tech, defence, AI, says PM Modi

The India-US comprehensive global strategic partnership has scaled new heights, including in areas of technology and defence, Prime Minister Narendra Modi said on Monday after US National Security Advisor Jake Sullivan met him. Sullivan is on a visit to India two weeks ahead of Donald Trump's inauguration as the 47th President of the US. "It was a pleasure to meet the US National Security Advisor @JakeSullivan46," Modi said on 'X'. "The India-US Comprehensive Global Strategic Partnership has scaled new heights, including in the areas of technology, defence, space, biotechnology and Artificial Intelligence," he said. "Look forward to building upon this momentum in ties between our two democracies for the benefit of our people and global good," Modi added. Sullivan held wide-ranging talks with his Indian counterpart Ajit Doval and External Affairs Minister S Jaishankar. The implementation of the US-India Initiative on Critical and Emerging Technology or iCET figured in the two ...

Taking steps to clear hurdles for US-India civil nuclear ties: NSA Sullivan

Washington and New Delhi have been discussing the supply of US nuclear reactors to energy-hungry India since the mid-2000s

Jaishankar holds talks with US NSA Sullivan, reviews ties in last 4 years

External Affairs Minister S Jaishankar on Monday held talks with US National Security Advisor Jake Sullivan, broadly reviewing the trajectory of India-US global strategic partnership in the last four years under the Biden administration. Sullivan is on a visit to India two weeks ahead of Donald Trump's inauguration as the 47th president of the US. In a post on X, Jaishankar complimented Sullivan for his "personal contribution" to forging a "closer and stronger" India-US partnership. One of the most significant measures initiated to expand the bilateral ties was the US-India Initiative on Critical and Emerging Technology or iCET. The iCET was launched by Prime Minister Narendra Modi and US President Joe Biden in May 2022 with an aim to forge greater collaboration between India and the US in areas of critical technologies such as artificial intelligence, semiconductors, biotech, and defence innovation. "Delighted to meet US NSA @JakeSullivan46 in New Delhi today morning," Jaishankar

NSA Sullivan to visit India to finalise important initiatives: White House

Outgoing US National Security Advisor Jake Sullivan will travel to India January 5 and 6 to meet his counterpart Ajit K Doval and other top government officials for a final round of talks with them on a wide range of bilateral, regional and global issues and to finalise some ongoing initiatives that were important priorities for them to wrap up, the White House said on Friday. Sullivan, 48, the youngest national security advisor when President Joe Bident appointed him on January 20, 2021, would also deliver a major India-centric foreign policy speech at IIT, New Delhi during his last trip to India before leaving office. He would be succeeded by Congressman Michael Waltz on January 20, when Donald J Trump would be sworn in as the 47th President of the United States. While there, the main purpose will be a capstone engagement and dialogue with his counterpart, National Security Advisor Ajit Doval, a senior administration official told reporters during a conference call Friday ...

H-1B visa row: Skilled worker movement helps both US and India, says MEA

India-US economic ties benefit significantly from the technical expertise provided by skilled professionals

Jill Biden receives $20K diamond from PM Modi, costliest gift of 2023

President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, with Jill Biden receiving the single most expensive present: a USD 20,000 diamond from Indian Prime Minister Narendra Modi. The 7.5-carat diamond from Modi was easily the most costly gift presented to any member of the first family in 2023, although she also received a brooch valued at USD 14,063 from the Ukrainian ambassador to the United States and a bracelet, brooch and photograph album worth USD 4,510 from the president and first lady of Egypt, according to an annual accounting published by the State Department on Thursday. The USD 20,000 diamond was retained for official use in the White House East Wing, according to a State Department document, while the other gifts to the president and first lady were sent to the archives. The first lady's office didn't immediately respond to a request for comment about the diamond's use. The US president himself received a number

H-1B visas benefit both nations, mobility of professionals important: MEA

Late last month, Trump said he fully backed the H-1B programme for foreign workers opposed by some of his supporters after Musk, the billionaire CEO of Tesla and SpaceX, vowed to go to "war" to defend

Aiming to boost economic ties with US, engaging with Trump admin: Goyal

Bilateral trade between India and the United States, India's largest trading partner, exceeded $118 billion in 2023/24, with India registering a trade surplus of $32 billion

India can use retaliatory measures in case of trade war with US: Think tank

In 2023, bilateral trade between India and the United States reached $117.8 billion, with India importing goods worth $42 billion and exporting $75.8 billion

Quad members renew pledge towards working for free, stable Indo-Pacific

India and other Quad member nations on Tuesday renewed their firm commitment to work towards a free and open Indo-Pacific that is peaceful, stable and prosperous. The foreign ministers of the member nations of the grouping made the pledge in a joint statement commemorating the 20th anniversary of Quad cooperation. The foreign ministers said the Quad will work together in responding to the future needs of the Indo-Pacific, an assertion that came against the backdrop of China's increasing muscle-flexing in the region. India, the US, Australia and Japan came together 20 years ago to extend assistance in response to the 2004 Indian Ocean earthquake and tsunami. The coalition is now known as Quad. "As four partners, we share a vision of a free and open Indo-Pacific that is peaceful, stable and prosperous, underpinned by effective regional institutions," the joint statement said. The Quad foreign ministers also talked about the centrality of 10-nation grouping Association of Southeast