Speaking at the interactive India-U.S CEO Forum in the presence of U. S. President Barack Obama and top business leaders from India and the U.S., Prime Minister Modi said that projects involving large investments would be monitored by the Prime Minister`s Office. After listening to suggestions made by some business...
Rio Tinto to Export Australian Uranium to India by 2017
Sam Walsh, the chief executive of Rio Tinto Ltd., announced that his company is expected to start exporting uranium to India in another two years by which time safeguards to use the uranium only for power generation would be in place. Modi and Australian Prime Minister Tony Abbott signed a...
India and Australia to Expedite Trade Agreement
The Prime Ministers of India and Australia have agreed to "expedite progress towards early conclusion of the administrative arrangements" necessary for implementation of the civil nuclear agreement signed in September. India has an ambitious nuclear power program but few indigenous uranium resources, while Australia is one of the world's largest...
Modi Accelerates India Defense Spending
In a concentrated effort to modernize its armed forces, the Defense Acquisition Council of India has approved 41 proposals at a cost of $19 billion since June, defense minister Manohar Parrikar told parliament in New Delhi this December. In July this year, Modi increased the limit on foreign direct investment...
Putin’s India Visit Focuses on Nuclear Projects and Energy
India wants to expand its nuclear-generation capacity to 20 gigawatts by 2020, (from five gigawatts currently) and Russia will help India build at least 10 more nuclear reactors. Prime Minister Modi said that the two countries had outlined an "ambitious vision" for nuclear energy during the talks and that the...
India’s Most Popular Searches on Bing for 2014
Not surprisingly, Bing has revealed that movies, music, sports, celebrities, politics, and news emerge as the top searches among Indian netizens for 2014 World peace seems top-of-mind for online audiences, with more Indians actively tracking ISIS online than the 2014 general elections and Mangalyaan Mars Orbiter. Movies Music Sports Celebrities...