The U.S. Department of Commerce and the Office of the U.S. Trade Representative (USTR) launched the IPEF Upskilling Initiative, in support of the objectives of the Indo-Pacific Economic Framework (IPEF). The Initiative will be a public-private endeavor to support sustainable and inclusive economic growth by providing primarily women and girls in...
Warren Buffet Makes First Investment in India
Omaha, Nebraska headquartered Berkshire Hathaway has taken a stake in Paytm, India’s largest digital payments company. Berkshire will buy 3 percent to 4 percent of Paytm’s parent company One97 Communications, in a deal that values the target at more than $10 billion. One97, founded by billionaire Vijay Shekhar Sharma, runs...
Overseas Products Appeal to Millennials in India
A joint study by global online payment gateway PayPal and Paris-based market research firm Ipsos, noted that despite payment barriers, young Indians in the 18-34 age group are shopping online for cross-border products like apparel and consumer electronics owing to their higher quality. Based on a survey of online and cross-border...