Among other areas of cooperation, India and the US's focus has also been on critical and emerging technologies that include artificial intelligence and quantum technologies
The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India. He deeply cared about making India better. Deep condolences to his loved ones and Rest in Peace Shri Ratan Tata Ji, wrote Google and Alphabet CEO Sunder Pichai on X. Atul Keshap, the president of the US-India Business Council (USIBC), told PTI the Padma Vibhushan recipient was a "unique and noble son of India, a role model for th
Notably, Bangladesh witnessed Sheikh Hasina's ouster amid students' protests turned into a massive anti-government movement, followed by the establishment of an interim government
In a boost to India's defence capabilities, the Cabinet Committee on Security, led by PM Modi, is expected to approve the acquisition of 31 MQ-9B Predator drones from the US for $3.1 billion
According to the minister, the social security coverage details that have been shared with the US cover about 930 million people in India
American M4 assault rifles and night-vision sights, left behind after withdrawal of US troops from Afghanistan, continue being recovered from slain Pakistan-backed terrorists in Jammu and Kashmir
Minister of Commerce and Industry Piyush Goyal and US Commerce Secretary Gina Raimondo held the 6th Commercial Dialogue here on Thursday during which they reviewed the progress made in semiconductors supply chains, innovation handshake, energy-industry network and the Indo-Pacific Economic Framework for Prosperity. A day earlier, the two leaders signed a new memorandum of understanding (MoU) to expand and diversify critical minerals supply chains, with the aim of leveraging the two countries' complementary strengths to ensure greater resilience in the critical minerals sector. Priority areas of focus include identifying equipment, services, policies and best practices to facilitate the mutually-beneficial commercial development of the US and Indian critical minerals exploration, extraction, processing and refining, recycling and recovery, a media release said. During the commercial dialogue, Goyal and Raimondo praised the two sides' continuing efforts to facilitate resilient, secure
Goyal discussed how historic reforms, diversification, and localised supply chains are transforming India into a global manufacturing powerhouse
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US. Except for this, he said, India is open to all kinds of economic reforms necessary to take the country on an accelerated growth. "If the need arises, we can re-look at any of these (policies) or the government has the authority through cabinet approval to allow greater percentages (of foreign stakes in various sectors). Or we can go to Parliament and change it also, not a problem, though I do not think any of these requires parliamentary changes," Goyal said in response to a question at the Centre for Strategic and International Studies think-tank here. "The important area where sometimes, and particularly in countries like the US, I hear voices is about multi-brand retail. And that is a no-no. I want to make it loud and clear that there will be no change in our policy on multi-brand .
External Affairs Minister S Jaishankar met his US counterpart Antony Blinken here and held discussions covering deepening bilateral cooperation, the situation in West Asia, recent developments in the Indian sub-continent, the Indo-Pacific and Ukraine. Jaishankar - on his first visit to the US capital since the third Modi government took office - met Blinken on Tuesday at the Foggy Bottom headquarters of the US State Department. "Delighted to hold talks with @SecBlinken today in Washington DC. We followed up on the Delaware bilateral and Quad meetings. Our discussions also covered deepening bilateral cooperation, situation in West Asia, recent developments in the Indian subcontinent, the Indo-Pacific and Ukraine," Jaishankar said in a post on X. The minister was referring to Prime Minister Narendra Modi's recent bilateral meeting with US President Joe Biden. The US president hosted Modi at his Delaware residence for a bilateral meeting on September 21. They were later joined by lead
Commerce and Industry Minister Piyush Goyal on Tuesday held bilateral meetings with global private equity firm Warburg Pincus and global investment company Blackstone here to discuss investment opportunities in India in sectors like electronics and renewable energy. At the invitation of United States Secretary of Commerce Gina Raimondo, Goyal is in the US till October 3, 2024. He will co-chair with Raimondo the India-USA CEO Forum on October 2, and the 6th India-USA Commercial Dialogue on October 3 in Washington D.C. In a series of posts on social media platform X, Goyal said that he met Timothy F Geithner, Chairman of Warburg Pincus, and discussed the efforts made by India to facilitate business entry, ease of doing business, single-window clearances and industrial infrastructure. "We explored new ideas and collaboration opportunities in sectors such as renewable energy, data infrastructure and R&D," he said. He also met Stephen A Schwarzman, Chairman, CEO and Co-Founder of ...
An Indian-American member of the Presidential Commission for Asian-Americans has welcomed the move to release an additional 2.5 lakh visa appointments by the US Mission in India. The US Mission in India opened the additional slots for travellers -- including tourists, skilled workers and students -- officials said on Monday. The recently released slots will help Indian applicants take timely interviews, facilitating the travel which is the backbone of the people-to-people ties that underpin the US-India relationship, they said. Reacting to the development, Ajay Bhutoria -- a member of the President's Advisory Commission on Asian-Americans, Native Hawaiians, and Pacific Islanders (AANHPI) -- said on Monday, "This is the direct result of one of my recommendations submitted earlier on the White House AANHPI commission. "I am grateful to the US Embassy in India, particularly (US) Ambassador (to India) Eric Garcetti, for their dedicated efforts in addressing visa appointment wait times.
India should accept the withdrawal of benefits under the US generalised system of preferences (GSP) scheme and avoid pushing for its reinstatement as the benefits for domestic exporters were marginal, think tank GTRI said on Monday. It also suggested that India should not seeks the resumption of the scheme in the upcoming India-US Commercial Dialogue on October 2. Commerce and Industry Minister Piyush Goyal is visiting Washington for the dialogue. He will co-chair the meeting with US Secretary of Commerce Gina Raimondo with participation from industries, startups, and SMEs from both countries. The scheme, it added, is primarily designed for low-income countries, with even major economies like China excluded. As a growing economic power, India should focus on broader, more strategic trade discussions rather than seeking concessions on relatively insignificant issues, it said. GTRI Founder Ajay Srivastava said the primary aim of the dialogue is to strengthen the bilateral commercial
The initial pact on critical minerals would help build supply chains, exchange technical know-how, and promote collaboration between Indian and American businesses in the sector
India and the US are negotiating a pact to enhance collaboration in essential critical minerals, and the issue will figure during the visit of Commerce and Industry Minister Piyush Goyal to Washington this week. At the invitation of the US Secretary of Commerce Gina Raimondo, Goyal will undertake a visit from September 30-October 3. The commerce ministry said, in a statement on Sunday, that Goyal and Raimondo will also discuss steps to expand and diversify critical minerals supply chains between India and the US. "The two sides are negotiating a MoU which intends to enhance bilateral collaboration to increase and diversify essential critical mineral supply chains and leverage their complementary strengths," it said. Critical minerals, such as cobalt, copper, lithium, nickel and rare earths, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars. They are particularly in demand for the production of batteries for electric cars. Goyal
With an array of participants, the Indian Air Force led exercise aimed to foster diverse ties
The Minerals Security Finance Network seeks to promote collaboration between the Indo-Pacific region and Europe, ensuring a secure, sustainable, and diversified supply of critical minerals
The India-US relationship is strong and getting stronger, the White House said, adding that President Joe Biden when looks back at his term will be most proud of deepening the partnership with India, making it more inclusive and broadening. "I think one word -- well, actually, three words: strong, and getting stronger, White House National Security Communications Advisor John Kirby said on Tuesday during a press briefing here. Kirby was responding to a question by Press Trust of India on how he would characterise the trajectory of bilateral relations under Prime Minister Narendra Modi and Biden as his term as the American leader ends soon. Biden has invested a lot in our bilateral relationship with India, Kirby told PTI. He elevated the Quad group of Australia, Japan, India and the US to the leader level and hosted Modi for an official state visit in June last year. We've elevated our strategic partnership to the highest level. We are pursuing a defence relationship on various sys
His meeting with the CEOs is an effort to make sure that India remains a strong partner in possible manufacturing opportunities and in this case he was talking about semiconductors, he added
He said Quad, which is a forum of the US, India, Japan and Australia, is a powerful place to set a vision, share principles and to come up with common solutions in the Indo-Pacific region