The United States and India plan to push bilateral trade in energy, aerospace, defense, pharmaceuticals, and healthcare as part of a continuing commercial dialogue. Bilateral trade, which stood at $126 billion in 2017, is believed by many to be only a quarter of the actual potential between the two countries....
U.S. Relaxes Export Controls for Sales of High Tech Products To India
At the Indo-Pacific Business Forum that convened on Monday, July 30 at Washington D.C., Wilbur Ross, the U.S. Secretary of Commerce, announced programs to increase U.S. commercial engagement in the Indo-Pacific region. Secretary Ross said, "India will be moved into Tier 1 of the Department of Commerce’s Strategic Trade Authorization...
Global Entrepreneurship Summit Will Showcase U.S.-India Partnership
U.S. Commerce Secretary Wilbur Ross said that the Global Entrepreneurship Summit to be held in Hyderabad, India, will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens. To be hosted jointly by India and the U.S....
Wilbur Ross sells Spice Jet stake for $158 million
American investor Wilbur Ross made waves some time ago when he bought a significant share of budget airline Spice Jet. Today we have news that Tamil Nadu media mogul of Sun TV Network Ltd., Kalanidhi Maran has bought up Ross's shares. Maran got a deal, 16 percent below the market...