After 100 day mark, Indian envoy sees promise in India-US relations under Trump
The Dollar Business Bureau Former Indian Ambassador to the US, Arun Singh, spoke at length about the progression of India-US ties in the first 100 days of Trump's presidency. With the end of April 2017 marking the 100-day milestone of Trump's reign as the leader of the free world, many have expressed dissatisfaction with his rather capricious style of ruling. Be it Trump reneging on his own words or him lacking the wherewithal to get Congress to pass his reforms, his performance so far has been the subject of much public derision. On the other hand, Indian diplomat Arun Singh, who has seen India-US relations enhance during most of Bush's and Obama's tenure, backs the new US administration and sees much promise in its attitude towards India. “As the engagement of the past hundred days ...
India-US to sustain defence cooperation: James Mattis
The Dollar Business Bureau In his first call to his Indian counterpart after being appointed, US defence secretary James Mattis assured continued momentum on 'key bilateral defence efforts' between US and India, as reported by Jeff Davis, Pentagon Press Secretary. “Secretary Mattis and Minister Parrikar affirmed their commitment to sustain the momentum on key bilateral defence efforts to include the defence technology and trade initiative,” he said After a brief conversation between the two leaders over the phone, Davis said that they had affirmed their commitment to carry forward the bilateral defence cooperation built between the two nations in recent years. Sustained progress under the Defence Technology and Trade Initiative (DTTI), which promotes co-development of military capabilities between the two countries, was also promised by the new Defence Secretary. Logistics Exchange Memorandum of Agreement (LEMOA), the flagship deal of India-US bilateral defence ties, was signed ...
ObamaCare in the process of being revoked, suspension of trade treaties next?
The Dollar Business Bureau In a move that comes less as a surprise and more as an audacious message sent out by Trump's office on his very first day as POTUS, he signed an executive order to begin the process of revoking ObamaCare, a healthcare initiative looked upon as the legacy of ex-President Barrack Obama. Titled 'Minimizing the economic burden of the Patient Protection and Affordable Care Act pending repeal', the order seeks to minimize the 'unwarranted economic and regulatory burdens of the act' and create a more open and free healthcare market. ObamaCare, a federal statute enacted by Barrack Obama in 2010, was enforced to transmogrify the healthcare industry in US. The act set out to expand insurance cover, by subsidising health insurance and making acceptance of all insurance applications ...
India cuts oil imports in January to achieve fiscal target
Sai Nikesh | The Dollar Business With March 31, 2015 deadline ending Tehran's isolation by world nations in return for curbs to its nuclear programme, arriving sooner, India is aiming at maintaining its oil shipments from Iran in the current fiscal year 2014-15, to remain in line with its shipments in the previous fiscal year 2013-14. To this effect, according to reports on Thursday, India has slashed its oil imports from Iran in January, 2015, as New Delhi hurried to make oil purchases from Iran. In this regard, India has also asked its refiners in January to cut oil purchases from Iran, saying the purchases are going above the sanctioned limits and also to maintain the purchases in line ...
