Cisco Executive Chairman John Chambers Elected Chairman of U.S.-India Business Council
September 21, 2015 – WASHINGTON, D.C. – The U.S.-India Business Council (USIBC) Board of Directors announced that Mr. John T. Chambers,…
Finance/Economy
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India Can Establish Leadership Role In The World Economy: Study
Ahead of the first India-U.S. Strategic and Commercial Dialogue, a new study has suggested that India could establish its leadership…
Brookings Study Finds PM Narendra Modi’s PMJDY makes India #1 in commitment to financial inclusion
Prime Minister Narendra Modi’s push for financial inclusion has enabled India to earn the no. 1 rank in commitment to…
India among few bright spots in global economy, says IMF
The IMF has said India is among the few bright spots in the global economy as G20 Finance Ministers began their two-day meeting here…
The G20 Summit: A Spectacle of Political Bankruptcy
The meeting of G20 finance ministers and central bankers held in Ankara, Turkey over the weekend underscored the inability of…
Global Publics: Economic Conditions Are Bad But Positive Sentiment Rebounding in Europe, Japan, U.S.
Seven years after the beginning of the global financial crisis, a Pew Research Center survey of 40 nations finds that…
A.J. Khubani to Be Honored With Lifetime Achievement Award
A.J. Khubani, Indian American founder and CEO of TeleBrands Corporation, will be honored with the 2015 ERA Lifetime Achievement Award…
Entrepreneurs Get Help from Silicon Valley to Battle Poverty
Five India-based social companies are among the 15 in Santa Clara, Calif., this month as part of the 13th annual…
US stocks sink as fears of a China-led global slowdown intensifies
For six straight days, as of August 25, 2015 US stocks have sunk as fears of a China-led global slowdown…
Ashish Aggarwal, Silicon Valley securities analyst charged with insider trading
Ashish Aggarwal, a young Silicon Valley investment banker of Indian descent and two of his friends have been charged with…
SIBC Applauds Finance Minister Jaitley’s Ruling on Minimum Alternative Tax
September 1, 2015 – Washington, DC – The U.S.-India Business Council (USIBC) applauds the Government of India for accepting the A.P. Shah…
Tata Consultancy Services Gifts $35 Million to Carnegie Mellon University
Tata Consultancy Services announced Aug. 25 it was gifting $35 million to Carnegie Mellon University, marking a new era of partnerships…
7 Indians on Forbes Asia’s list of philanthropists
Seven Indians feature in Forbes Asia’s ninth annual Heroes of Philanthropy list, highlighting some of the region’s most noteworthy givers…
India Aspiration Fund to boost startups in India
The India Aspiration Fund (IAF) has been launched with the intention to set up as a fund of funds under…
Anil Bansal Leading Indus American Bank
Headquartered in Iselin, New Jersey, Indus American Bank operates a full service branch in Iselin, Jersey City, Parsippany, Plainsboro and…
Amazon Follows Microsoft’s Footsteps, Announces India Region
The Indian subcontinent is fast becoming the hotbed of cloud computing. At the Azure Conference hosted at Pune in March…
Maharashtra Chief Minister Fadnavis Pitches For Investment During Visit to New York
NEW YORK — Maharashtra Chief Minister Devendra Fadnavis last week made a high pitch for investment in his state, telling U.S. businesses that he…
India Urges US To Settle Social Security Payment Of Its Workers
Washington, DC: Wages paid to nonresident aliens employed within the United States by an American or foreign employer, in general,…
CampusKnot By Indian Americans Receives $100,000 in Funding
CampusKnot, a startup founded by three Indian American students and a German student at Mississippi State University has received $100,000 in funding,…
Amazon to Invest in India to Make It Biggest Non-U.S. Market
Amazon is planning to invest billions of dollars to catapult India as the world’s largest market outside of the United States,…
Sachin Kumar, 22, Faces 5 Year Prison Term For Online Fraud
New York, July 28, 2015: Sachin Kumar, 22, an Indian American student faces five years in jail for his involvement…
Rajesh C. Patel Admits Defrauding Investor of $500,000
Rajesh C. Patel, an Indian American hotelier and former banker has admitted in a federal court to defrauding an investor of $500,000…
Over $15 Billion Invested in U.S. by Indian Firms, Employ Over 91,000 Jobs
India-based companies have invested over $15 billion across the U.S., creating an estimated 91,000 jobs, according to a new report…
India highest recipient of US economic assistance: USAID
Washington, DC: India is tipped to be the second largest economy in the world with the GDP going to be…
US committed to take partnership with India still higher: Joe Biden
“We are committed to take this relationship further” for the well being of both the US and India as also…