In a significant development for India, export control regime Wassenaar Arrangement (WA) admitted the country as its 42nd member of the organization. Admission into the WA is an affirmation of India’s position as a responsible nation in the arena of dual-use goods and technology, besides transfer of conventional arms. This...
Madame Tussauds Museum Launches in New Delhi
Madame Tussauds Wax Museum opened its doors on December 1, in New Delhi. It will be home to around 50 wax figures, including cricketers Sachin Tendulkar, Brian Lara; actors Richard Gere, Amitabh Bachchan, Salman Khan, Marilyn Monroe; sports personalities Mary Kom, Milkha Singh and Lionel Messi; as well as political...
Barack Obama Revisits India
Former president Barack Obama completed a three nation tour to China, India and France recently. In his first visit to India after leaving office, Obama met with Prime Minister Narendra Modi in New Delhi, addressed a Leadership Summit sponsored by the Hindustan Times newspaper, and held a town hall meeting...
Belgian Beers Now Offered at India's Pubs
Belgium's Chimay, one of only 11 "Trappist" beers in the world, brewed by monks within the walls of an abbey, with profits going to charity, will be available in India. Its launch in the Indian market coincides with the Belgian royal couple King Philippe and Queen Mathilde visit to India...
Indian Government to Bail Out State-Owned Banks
Over the next two years, New Delhi plans to pump about $32 billion into state-owned banks in a bid to increase money flow, significantly spur economic activity, loosen credit conditions, and boost investment and growth. The Economist explains that according to the plan unveiled on October 24th, the ailing banks...
India and USA Are Natural Allies says Tillerson
U.S. Secretary of State Rex Tillerson arrived in India as part of a multi-stop tour across the Middle East and South Asia. He had discussions with Prime Minister Narendra Modi, and India's minister for Foreign Affairs Ms. Sushma Swaraj. Tillerson and Swaraj stressed the close relationship and shared values between...