Dec 06, 2024, at 04:20 am
Procter & Gamble has revamped its supply chain for the ultra-thin stainless-steel strips used in its Gillette razors, shifting sourcing to India, Reuters reported.
Israel expresses support for Adani Group amid US indictments over bribery allegations
Nov 29, 2024, at 05:38 am
New Delhi: Israel has reaffirmed its support for the Adani Group despite allegations of bribery against its founder in the United States.
After US fraud indictments over bribery allegations, Adani Group faces global fallout
Nov 23, 2024, at 06:03 pm
Mumbai: Gautam Adani, chairman of the Adani Group, has been indicted by U.S. prosecutors, along with seven others, for allegedly paying bribes amounting to Rs 2,029 crore ($265 million) to Indian officials to secure solar power contracts across four states and a union territory.
Kenya cancels Adani airport and energy deals following US bribery indictment: Report
Nov 22, 2024, at 05:49 am
Nairobi: Kenyan President William Ruto announced on Thursday the cancellation of multimillion-dollar airport and energy deals with Indian tycoon Gautam Adani, following US bribery and fraud indictments against the billionaire, according to the Associated Press.
Why is US probing Gautam Adani over allegations of bribery in India?
Nov 21, 2024, at 11:34 pm
Mumbai: Adani Group chairman Gautam Adani, along with seven others, has been indicted by U.S. prosecutors for allegedly paying bribes amounting to Rs 2,029 crore ($265 million) to officials in India to secure solar power contracts across four states and one union territory.
'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani
Nov 21, 2024, at 08:16 pm
New Delhi/IBNS: The Adani Group has denied the charges of bribery and fraud brought against its chairman, billionaire Gautam Adani, by the US Department of Justice and the US Securities and Exchange Commission.
Piyush Goyal discusses investment avenues with existing and potential US investors
Oct 02, 2024, at 06:27 am
New York: Commerce and Industry Minister Piyush Goyal chaired a roundtable discussion with young CEOs and entrepreneurs of Indian origin in New York organised by the Consulate General of India to discuss the business landscape of India and provide suggestions for reforms.
US banks may link with India's UPI to enable fast payment network: Fed member Waller
Aug 28, 2024, at 10:50 pm
Mumbai: The United States might consider connecting some of its private banks with India's Unified Payments Interface (UPI) to speed up the formation of a fast payments network, said Christopher Waller, a member of the Federal Reserve Board of Governors, media reports said.
U.S. inflation eases in May, consumer spending shows moderate growth
Jun 29, 2024, at 04:21 am
Washington DC: U.S. prices remained steady in May, while consumer spending saw a moderate increase, a trend that might prompt the Federal Reserve to consider cutting interest rates this year, reported Reuters.
US witnesses moderate increase in Feb inflation
Mar 30, 2024, at 05:10 am
Washington: The United States witnessed a moderate increase in prices, while the expenses for services excluding housing slowed notably, indicating the possibility of a Federal Reserve interest rate cut in June.
Amul ties up with 108-yr-old American association to sell fresh milk in US
Mar 27, 2024, at 02:11 am
Anand (Gujarat): Amul, the largest dairy cooperative in the world, has entered into a partnership with a 108-year-old dairy association to introduce its fresh, branded milk in the United States, media reports said.
United States asks India to ensure laptop import policy does not restrict trade
Jan 13, 2024, at 05:22 am
New Delhi: United States Trade Representative Ambassador Katherine Tai has called upon India to ensure that the existing end-to-end online system and associated policies governing the import of laptops do not pose trade restrictions in the future.
US Federal Reserve keeps key rates unchanged in a unanimous decision
Nov 02, 2023, at 06:59 am
Washington DC: The Federal Reserve, which is the Central bank of the United States, on Wednesday, opted to keep interest rates steady at their highest level in 22 years for the second consecutive meeting, Bloomberg reported.
US economy: Consumer spending grows in Aug, underlying inflation eases
Sep 30, 2023, at 03:32 am
Washington: Consumer spending in the U.S. rose in August, although the core inflation rate, excluding food and energy, showed a decrease, falling below 4.0% compared to the previous year, Reuters reported.
Apple stocks fall, drag US bourses down after China widens curb on iPhone use
Sep 08, 2023, at 04:54 am
Apple stocks fell 4%, triggering a rout in the US stock market, after the Chinese government widened curbs on iPhone use by government officials, Reuters reported.
Aug 31, 2023, at 06:02 am
New Delhi: India and the United States held a meeting on Tuesday to launch the new U.S. - India Renewable Energy Technology Action Platform (RETAP) under the Strategic Clean Energy Partnership, the Ministry of New and Renewable Energy (MNREP) said.
Jun 22, 2023, at 06:25 am
The Federal Trade Commission (FTC) has slapped legal charges on Amazon.com Inc, alleging that the company enrolled millions of consumers into its paid subscription service, Amazon Prime, without their consent and made it difficult for them to cancel, Reuters reported.
FM Sitharaman holds roundtable with investors, biz leaders during US visit
Apr 12, 2023, at 01:55 am
Washington: Finance Minister Nirmala Sitharaman on Monday attended a roundtable meeting with business leaders and investors, co-hosted the by Confederation of Indian Industry (CII) and US-India Business Council in the US Chamber, in Washington, DC.
Employment slows down in US as economy cools
Apr 08, 2023, at 06:36 am
Washington: Job gains in the US decreased for a second consecutive month in March, the latest government data revealed, indicating that the economy is slowing down as policymakers continue their efforts to curb inflation, AFP reported.
Tesla cuts down car prices amid economic slowdown
Apr 08, 2023, at 05:00 am
New York: Elon Musk’s Tesla has reduced the prices of its electric cars in the United States, its website showed on Thursday, apparently to offer discounts to potential customers in light of an economic slowdown.
Mar 01, 2023, at 07:20 am
Apple’s Chinese suppliers may move their capacity out of the country at a quicker rate than expected, to avoid the negative consequences of increasing tensions between Beijing and Washington, according to one of Apple's top partners, Bloomberg reported.
Nov 16, 2022, at 03:10 am
The US has ordered Air India to pay a massive $121.5 million as refunds and $1.4 million as a fine for extreme delays in issuing refunds due to cancellation of flights or changes in flight timings during the time of the Covid-19 pandemic, media reports said.
TCS to create 1,200 local jobs in Illinois and expand reach of STEM Education Programs
Nov 11, 2022, at 02:59 am
Naperville IL/ New York: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced plans to boost its footprint in Illinois, U.S. by creating 1,200 new jobs by the end of 2024.
‘Partnership of Trust’ between India-US progressing from strength to strength: Piyush Goyal
Sep 07, 2022, at 02:18 am
San Francisco (US): Union Commerce and Industry Minister Piyush Goyal Tuesday interacted with the US India Strategic Partnership Forum (USISPF), the leadership of GITPRO (Global Indian Technology Professionals Associations) and FIIDS (Foundation for India and Indian Diaspora Studies) here.
US blocks Russia's access to dollars, increasing risk of default: Report
Apr 06, 2022, at 09:17 pm
The United States has started blocking Russia from making debt payments using dollars held in U.S. banks, media reports said.
US to waive in-person interview for H1-B visa applicants in 2022
Dec 24, 2021, at 11:58 pm
The H1-B visa applicants will not be required to appear for in person interview at the US consular offices through 2022 to reduce visa wait times, the State Department has said, media reported.
Aug 02, 2021, at 04:51 pm
New Delhi/IBNS: The services trade will play a major role in the relationship between India and US going forward and strengthen the bilateral economic ties, in line with the geopolitical and strategic ties between the two countries, said Union Minister for Commerce and Industry, Piyush Goyal.
Sep 08, 2020, at 04:24 am
Washington/IBNS: Anand Mahindra, Chairman, Mahindra Group, has been conferred with the 2020 Leadership Award for exemplary vision towards promoting U.S.-India bilateral ties at the US-India Strategic Partnership Forum (USISPF) third Annual Leadership Summit entitled “U.S.-India Week: Navigating New Challenges”,