On Friday, November 11, Prime Ministers Modi and Shinzo Abe signed an agreement whereby Japanese nuclear companies will be allowed to sell their technology to India. The deal, though limited to peaceful commercial use, is controversial because India has not ratified the Nuclear Non-Proliferation Treaty. It has raised concerns in...
World Bank Supports India's Solar Energy Program
The World Bank Group signed an agreement with the International Solar Alliance to provide $1 billion support to Indian solar energy projects. Led by India, this Alliance consists of 121 countries and was launched at the UN Climate Change Conference in Paris end-November last year, by Prime Minister Narendra Modi and French...
India Further Liberalizes FDI Regime
On June 20, India announced a number of measures to ease foreign investment in defense, civil aviation, pharmaceuticals, retail, food trade and broadcasting. The Federal Government has liberalized the FDI regime with the objective of providing a major impetus to employment and job creation in India.The government’s action opens up more than...
Air India One for Indian PM Will Be a Boeing 777-300
Prime Minister of India, Narendra Modi, will soon get a new Air India One aircraft for official purposes. According to exclusive details available with Aaj Tak, the aircraft will be similar to President Obama's Air Force One. Defense Minister Manohar Parrikar will finalize the deal for two new Boeing 777-300s during...
House Speaker Paul Ryan Invites PM Modi to Address Congress
Fox News reports that at his weekly news conference, House Speaker Paul Ryan announced that he had invited Prime Minister Narendra Modi of India to address a joint session of the House and Senate on June 8. The friendship between the U.S. and India is a "pillar of stability" in...
PM Modi at Nuclear Summit: India Will Take Initiative
During the second day of the Washington, DC Nuclear Security Summit, Prime Minister Modi said that India will continue to accord a high national priority to nuclear security through strong institutional framework, an independent regulatory agency, and trained and specialized manpower, reports Economic Times. The plan includes the development and...