USIBC welcomes India’s FDI reforms

USIBC welcomes India’s FDI reforms

USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]

Read More »

Government announces increased limits of FDI in key sectors

Government announces increased limits of FDI in key sectors

New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]

Read More »

Discussions between US President & Crown Prince of Saudi Arabia

Discussions between US President & Crown Prince of Saudi Arabia

Washington : ‘Mohammed bin Salman’ the crown prince of Saudi Arabia, met the US President Barack Obama during his recent visit to the United States of America. During the meeting Obama and the Saudi prince discussed a wide range of issues, including Washington-Riyadh bilateral relations as well as developments in the Gulf. On the backdrop of […]

Read More »

China taking advantage of US: Republican presidential nominee Donald Trump

China taking advantage of US: Republican presidential nominee Donald Trump

Presumptive Republican presidential nominee Donald Trump has accused China of being the biggest and best “abuser” as it was dumping its goods into US, stealing intellectual property and imposing hefty taxes on American companies doing business in that country. “China is the biggest and best abuser”, said Trump, speaking to his cheering supporters in Pittsburgh. […]

Read More »

India: Government & private sector partnership for defense equipment production

India: Government & private sector partnership for defense equipment production

New Delhi, dt. 12 (PTI) – Serious efforts are being taken for the indigenization of defense equipment manufacturing. Considering the limitations of the Government mechanism and the opportunity for business growth, Central Government is stressing to have defense related equipment manufactured in India, by formalizing a Government & Private sector partnership. Consequently Defense Minister Manohar […]

Read More »

US to provide largest ever military aid worth $ 40 billion to Israel: US NSA Susan Rice

US to provide largest ever military aid worth $ 40 billion to Israel: US NSA Susan Rice

Though US is unhappy about Israel’s policy towards Palestine, US is ready to give historical military aid to Israel, said US national security adviser, Susan Rice. But she also appealed that Israel should think seriously upon the two nation policy. Recently while addressing the ‘US Jewish Committee Global Forum’, Rice criticized Israel’s Netanyahu government for […]

Read More »

Russia races ahead to become the world’s largest fuel exporter, leaves Saudi Arabia behind

Russia races ahead to become the world’s largest fuel exporter, leaves Saudi Arabia behind

London, Dated.11.06.2016-Russia was declared as the largest fuel exporter in the world for year 2015. This information was published by the leading fuel company BP. Russia exported around 75% of its oil produce and 33.7% of its CNG. A net increase of 1.2% in the fuel production of Russia compared to the year 2014 has […]

Read More »