As part of the Raisina Dialogue, an annual multinational conference geared toward issues facing the global community, that took place at New Delhi on January 9 this year, Navy Adm. Philip S. Davidson, commander of U.S. Indo-Pacific Command, answered questions during a panel discussion. He noted that the Indo-Pacific region...
America's Allies Reduce Dependence on China, Turn Toward India
Allies of the U.S. — Japan, South Korea, Taiwan and Australia — are among the countries that are trying to diversify their economies away from dependence on China, whose export-oriented industries are likely to be hurt by the trade war, and are turning toward India. Asian countries "do not have...
U.S. Almond Farmers Face Drop in Demand
The U.S. dominates the global almond market, accounting for just under 80 percent of production and 70 percent of the export market. However, after U.S. almonds were targeted by leading importers China and Turkey as retaliation against Washington’s steel and aluminum import duties, the price of almonds fell 14 percent...
Australia's Crepe Cafe to Debut in India
Started by Australian-French restaurateur Jean-Pierre Corgnet in 2001 in Queensland, Australia, Crepe Cafe is set to make its India debut offering both sweet and savory crepes. Corgnet, chairman of Crepe Cafe said, "I think India is a huge market for us because of its young population and a growing middle...
Blackstone Raises $9 Billion in 2 Asia Funds
Joining peers such as KKR & Co., and The Carlyle Group, New York-based asset manager Blackstone Group LP raised $9.4 billion in two Asia-focused funds. The company hit the final close on its first Asian private equity fund at $2.3 billion, and its second regional real estate fund at $7.1...
India Ranks in Top 10 Commonwealth Innovation Index
Commonwealth Secretary-General Patricia Scotland launched the Commonwealth Innovation Hub on April 16 the opening day of the 2018 Commonwealth Heads of Government Meeting in London. On the sidelines of the Meeting, a Commonwealth Innovation Index was launched where India was ranked at 10th position topped by the United Kingdom, Singapore,...