From the seas to the stars: a new US-India relationship
BUSINESS ECONOMICS|July 1 - 31, 2023
The joint statement issued from the White House, which spans across oceans and reaches the realm of the stars, has come as a global surprise. Prime Minister Narendra Modi's exceptional performance at the joint session of the US Congress, along with the transformation of the relationship from an openly abusive one in the 1970s to today's effusive praise, leaves the world wondering.
- Buroshiva Dasgupta
From the seas to the stars: a new US-India relationship

The 58-paragraph long statement signifies a "new level of trust and understanding" between the two countries. It includes a dozen partnership deals on technology transfers, skill development, trade, and business. The global fight against terrorism has taken a back seat, making way for agreements on technology enhancement and renewable energy. It is worth noting that in the past, the US withheld the technology of mainframe computers from India, forcing the country to develop it independently. However, today, the US and India are moving towards a transfer agreement on "Quantum Information and Science Technology." President Biden has expressed his intention to reduce US barriers on the export of high-performance computing (HPC) technology and source code to India.

この蚘事は BUSINESS ECONOMICS の July 1 - 31, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は BUSINESS ECONOMICS の July 1 - 31, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BUSINESS ECONOMICSのその他の蚘事すべお衚瀺
Elections 2024: Illusion & Reality
BUSINESS ECONOMICS

Elections 2024: Illusion & Reality

Whenever there is an election, we find the politicians speaking in hyperboles – and possibly, 2024 Lok Sabha has reached a crest.

time-read
3 分  |
June 01 - 30, 2024
Government initiatives aim to bolster rubber cultivation and innovation
BUSINESS ECONOMICS

Government initiatives aim to bolster rubber cultivation and innovation

Rubber tree plantation has seen significant growth in India, thanks to robust government oversight and favorable weather conditions.

time-read
3 分  |
June 01 - 30, 2024
Macron speaks on Europe's economic fragility
BUSINESS ECONOMICS

Macron speaks on Europe's economic fragility

Many heads of state often speak on topics over which they have little control or vested interest.

time-read
2 分  |
June 01 - 30, 2024
Indian industries stand to benefit in raising of tariff on Chinese imports to the US
BUSINESS ECONOMICS

Indian industries stand to benefit in raising of tariff on Chinese imports to the US

A delicate balance of power and influence exists between the United States of America and China.

time-read
1 min  |
June 01 - 30, 2024
Chabahar Port Agreement: Part of India's strategic and economic vision for Central Asia and Europe
BUSINESS ECONOMICS

Chabahar Port Agreement: Part of India's strategic and economic vision for Central Asia and Europe

On May 13, India and Iran signed a 10-year contract to operate the Chabahar port in Iran.

time-read
2 分  |
June 01 - 30, 2024
It is quite incredible to see things of interest happen with the blessings of the divine trio
BUSINESS ECONOMICS

It is quite incredible to see things of interest happen with the blessings of the divine trio

Swamiji once said, “The wind of divine grace is always blowing. You just need to spread your sail.

time-read
4 分  |
June 01 - 30, 2024
The battle for sustainability: Earth Day's message of 'Planet vs. Plastics
BUSINESS ECONOMICS

The battle for sustainability: Earth Day's message of 'Planet vs. Plastics

World Earth Day, observed annually on April 22 worldwide, commemorates contemporary environmental advancements and promotes awareness of the imperative to conserve Earth and its resources.

time-read
4 分  |
June 01 - 30, 2024
Mother Teresa International Award 2024: Celebrating Humanity and Service
BUSINESS ECONOMICS

Mother Teresa International Award 2024: Celebrating Humanity and Service

The Mother Teresa International Award, a prestigious honor recognizing individuals dedicated to serving humanity, will host its 2024 ceremony in Dubai, United Arab Emirates.

time-read
2 分  |
June 01 - 30, 2024
Can India get out of the middle income trap?
BUSINESS ECONOMICS

Can India get out of the middle income trap?

In the mid-1980s, international financial institutions moved away from calling their member countries as poor and rich countries, or as developed and less developed countries.

time-read
4 分  |
June 01 - 30, 2024
How is India's falling household savings rate worrisome for its development?
BUSINESS ECONOMICS

How is India's falling household savings rate worrisome for its development?

There has been a sharp reduction in the household net financial savings rate in 2022-23, leading to an overall decline in the financial savings rate.

time-read
2 分  |
June 01 - 30, 2024