US-based tech group urges Trump to overcome digital trade barriers
The Dollar Business Bureau A US-based technology group Information Technology Industry Council (ITI) has prodded the Trump government to take steps in overcoming barriers in digital trade and alleged that various countries including China and India are biased in their policies which unfairly disadvantage US companies. In addition, the technology group named countries like Canada, Indonesia, Russia, South Korea, Mexico and Vietnam, which have followed discriminatory policies against American companies. “Multiple foreign governments have turned to discriminatory or otherwise harmful policies that unfairly disadvantage American companies and impede the ability of technology products and services to drive growth,” ITI said in a report to the President. The countries in which rules that treat foreign and domestic companies differently are Colombia, China, India, Indonesia, Russia, South Korea and ...
"From this day forward it will only be America first!" President Trump
The Dollar Business Bureau “Generations of Indian and Hindu Americans have strengthened our country…your values of hard work, education and enterprise have truly enriched our nation.” “They are taking our jobs. China is taking our jobs. Japan is taking our jobs. India is taking our jobs. It is not going to happen anymore, folks!” "Today we are transferring power from Washington DC to the people!" "From this day forward it will only be America first!" Yes, all those statements come from one person, none other than Donald Trump, who has been sworn-in as the 45th President of the United States of America on January 20, 2017. If statements made during the long-drawn election campaign form the basis of elaborate predictions about the impact of ...
Industrialists attend Make in India Week in US
There are at least 30 key economic sectors which international companies can consider for setting up manufacturing bases in India Source: PTI The Illinois Chief Information Officer Hardik Bhatt has termed Illinois as one of the most important business partners of India as he expressed desire to collaborate with India in developing smart cities Leading industrialists in the US have attended a ‘Make in India Week’ seminar in Chicago, during which several American companies showed interest in reaping benefits of the opportunity to invest in India. ‘Make in India’ is one of the flagship schemes of the Indian government which is aimed at transforming Indian economy from services driven growth model to intensive manufacturing-driven growth not only to increase productivity ...
US CEOs seek faster reforms; PM promises speedier decisions
Source: PTI Prime Minister Narendra Modi with the leading Fortune 500 CEOs, at a special event in New York on September 24, 2015. Top American CEOs have sought “additional steps” to speed up economic reforms in India, to which Indian Prime Minister Narendra Modi promised to fast-track the decision-making process as he asked them to take advantage of the huge opportunities of investing in the country. “Please continue to do more what you are doing. May be slightly faster,” the 42 CEOs of American companies with collective net worth of $4.5 trillion, told the Prime Minister. “By and large the mood was very upbeat. There is general consensus that the Prime Minister is effecting change in India. The only thing ...
Govt clears multi-billion dollar Indo-US deal for military helicopters
Source: PTI Ahead of Indian Prime Minister Narendra Modi's visit to the US, the Cabinet Committee on Security (CCS) on Tuesday cleared a multi-billion dollar deal for 22 Apache attack helicopters and 15 Chinook heavy-lift choppers with American aviation giant Boeing. “The deal for Apache and Chinook (helicopters) has been cleared,” government sources said. The CCS met after a Cabinet meeting, they said. Many in the defence sector had expected the deal, valued to be over $2.5 billion and pending since 2013 following finalisation of cost negotiations, to be signed during the visit of US Defence Secretary Ashton Carter in June this year. The deal for Apache is “a hybrid one”, with one contract to be signed with Boeing for the ...