Maryland-based Lockheed Martin announced that it can jointly manufacture its F-16 Block 70 fighter jets with Tata Advanced Systems Limited, India. The agreement was signed on the sidelines of the Paris Air Show 2017 and it will provide India the opportunity to produce, operate and export F-16 Block 70 aircraft,...
President Trump to Meet PM Modi on June 27
Prime Minister Narendra Modi is set to hold his first meeting with U.S. President Donald Trump on June 27. Modi will also address a couple of business meetings organized by the U.S.-India Business Council and CEOs’ Forum. The agenda for the meeting with the President will focus on trade and...
India Introduces New Medical Device Regulations
This blog post is a summary of an article that I have co-authored for MedDevice Online, regarding a 108-page notification published by Prime Minister Narendra Modi’s Ministry of Health in India, covering the regulation of the manufacture, sale, and possible recall of virtually all kinds of medical devices, whether imported or...
National Security Advisor McMaster meets PM Modi
On his first official visit to the region, United States National Security Advisor H.R. McMaster, met Prime Minister Narendra Modi in New Delhi, this week. McMaster is the highest ranking Trump administration official to visit India so far. "The two sides discussed a range of bilateral and regional issues, including...
Templeton Buys $1.2 Billion India Government Bonds
New York City's Franklin Templeton Investments bought about $1.2 billion of Indian government bonds in two days end March. The purchases, made through broker JPMorgan Chase & Co, were largely for tenures maturing in 2021-2023. Since March 11, when Prime Minister Narendra Modi’s party won an election in the state of...
Westinghouse Nuclear Project in India Still Alive
The bankruptcy filing at Westinghouse Nuclear threatened to scuttle the multi-billion-dollar reactor deal made by former U.S. President Barack Obama and India's Prime Minister Modi during the Washington summit last June, , Westinghouse CEO Jose Gutierrez was in India for talks with state-run National Power Corp of India Ltd and...