Search Result for : Us India Bilateral Cooperation

India will turn out to be a role model for the world economies, Cisco Chairman

The Dollar Business Bureau  John Chambers, the Executive Chairman of Cisco Systems Inc was in India during the creation of the US-India Strategic Partnership Forum (USISPF). An ardent admirer of India, its culture and its government’s strategy and vision, John Chambers is confident that India will figure among the top three economic powers in the next 10 to 15 years. He believes that the country’s strength lies in the democracy and the partnerships it has with other countries.  Chambers who is now the Chairman of USISPF declared that, ‘if he were to bet on one nation for future outside the US, it would be India.’ He predicted that India would turn out to be a role model for the world economies.  "You will ...

Top US CEOs commit to invest in India

The Dollar Business Bureau  The Indian Prime Minister who visited the US and met the American President Donald Trump on June 26, also had a closed-door meeting with 20 top US CEOs the very same day. Many CEOs, according to Mukesh Aghi, President of US India Business Council (USIBC) who spoke to the Indian media, reiterated their ‘commitment to investing in India a very large amount.’ ‘Almost half a dozen of them made a very large dollar commitment,’ Aghi said, refusing to divulge the details of the amount and the names. The meeting which lasted for 90 minutes, ended on a positive, win-win note he said.  The PM had responded favourably to all the questions that the CEOs raised, which revolved around defence, ...

India-US to strengthen ties under Trump: Arun Jaitley

The Dollar Business Bureau Arun Jaitley expressed optimism for the future of India-US bilateral relations during his address at an event hosted to Indian Ambassador to USA, Navtej Sarna. Jaitley is currently visiting USA to participate in the yearly spring meets of World Bank and IMF along with other multilateral events like the G-20 conclave of finance ministers. In what was India's first ministerial level meet with the Trump administration, Arun Jaitley discussed the much-hyped issue of H1-B visa with US Commerce Secretary Wilbur Ross. Highlighting the contributions made my Indian employees to the American economy, Jaitley said that the US government must consider these aspects in arriving at a decision regarding the work visa which has caused a lot of apprehension in the Indian IT industry. In an unusual retaliatory tone, ...

India-US trade to triple in 10 yrs: US Ambassador

Sharath Chowdary The bilateral trade between the United States and India is going to triple in the next ten years, US Ambassador to India Richard R Verma told The Dollar Business Bureau. He said this after delivering a speech on ‘India after COP21’ held in Hyderabad on Friday. Recently, the Atlantic Council had announced an initiative to increase the Indo-US bilateral trade from the current $100 billion to $500 billion in the coming decade. When asked how the US intended to go about it, Verma said, “The bilateral trade target set by the council is little bit ambitious, but the trade will definitely triple over a period of one decade.” Praising PM Modi’s drive for renewable energy in the country, he said, “Narendra ...

Indias move towards N-deal and export control regime gains mixed response

Sai Nikesh | The Dollar Business Aimed at strengthening global non-proliferation and export control regimes, India’s bid to join as a member in a 48-member Nuclear Suppliers Group (NSG) and a permanent seat in United Nations Security Council (UNSC) gained special focus in the world media. Pakistan said that this move will have an adverse affect on the political and economic stability in South Asia and will also weaken the non-proliferation regime. Reacting to the United States backing to India’s NSG membership, Pakistan Prime Minister's Adviser on National Security and Foreign Affairs Sartaj Aziz said, "We have also noted the joint statement suggesting that India is ready for NSG membership and other export control regimes.” However, he said, Pakistan is not ...