As Americans eye the Asia-Pacific region, they see a mix of friends and some foes, according to a new Pew Research Center survey conducted in February. Asked to rate their feelings toward four countries in the region on a "feeling thermometer," where a 0 indicates the coldest and most negative...
Defense Secretary Austin Invests 3 Days in Delhi
During his visit to New Delhi, U.S. Secretary of Defense Lloyd J. Austin III commended India’s leadership role in the Indo-Pacific and growing engagement with like-minded partners across the region to promote shared goals Secretary Austin arrived to India March 19 for three days of meetings with Prime Minister Narendra...
Biden, Modi to Attend Quad Meeting
On March 12, President Joe Biden will join Indian Prime Minister Narendra Modi along with the Prime Minister of Australia Scott Morrison and the Prime Minister of Japan Yoshihide Suga, collectively referred to as the "Quad" in a virtual meeting. The stated purpose of the Quadrilateral Security Dialogue is to...
Tamil Nadu state attracts over $2 billion in FDI
India's southern state of Tamil Nadu has signed understandings with a number of European and Chinese companies that are expected to create and support over 40,000 jobs in the state. Tamil Nadu is home to a vibrant automotive, auto parts and electronics sector. Daimler India Commercial Vehicle may be the...
ONGC raises US$ 300 million under ECB route
The Oil and Natural Gas Corporation (ONGC) has raised $300 million under the External Commercial Borrowing route for meeting its capital expenditure needs. "The bonds will bear a coupon of 3.375 per cent and will mature in 2029. This is the tightest coupon for 10 year or longer tenor offering...
KKR's New Asia-Focused Fund Targets $15 Billion
Global private equity group KKR & Co Inc has targeted a record $15 billion for a new Asia-focused buyout fund. Groups such as Bain Capital, Blackstone, Carlyle, and KKR are increasingly focusing on Asian investments as lower valuations and corporate restructuring have created new opportunities in key markets. An Asian...