The first shipment of two million barrels of American crude oil costing $100 million will reach India in the last week of September, opening a new chapter in trade between India and the U.S. This consignment is a fraction of India's $70 billion oil import bill for 2016-17. Given the...
U.S. Legislation Codifies India as a Major Defense Partner
In the last week of December, President Barack Obama signed a legislation that codifies India as a “Major Defense Partner”, a definition that institutionalizes and commits future government, unless recalled. The intent of the legislation is to bolster India as “predominant security provider in the Indian Ocean Region”, and direct...
Trump Has More Active International Projects in India Than Anywhere
The Trump Organization has more active projects underway in India — at least five — than anywhere else outside North America, reports NPR. And even if Donald Trump goes through with his declaration that he will exit his businesses to avoid any conflict of interest arising from his global enterprises,...