The International Monetary Fund (IMF) has welcomed the breakthrough in multilateral trade negotiations as global trade ministers reached a historical deal at the World Trade Organisation's (WTO) meeting in Indonesia.
The World Trade Organisation's 159 member countries approved a deal Saturday to liberalise international trade norms that could potentially add nearly $1 trillion to the global economy.
Despite some recent concerns on both sides, representatives of US business and industry are agreed that there is enormous potential for growth in India-US trade and notably job creation in both countries.
Tata Projects Ltd., an engineering procurement construction service provider, Friday won the Industrial Infrastructure Project of the Year Award at the Dun & Bradstreet Infra Awards 2013.
US Defence Secretary Chuck Hagel has announced plans to cut Pentagon staff by 20 percent, which would save $1 billion from 2014 to 2019.
The US-India Business Council (USIBC) has welcomed the Indian government's decision to reject a proposal limiting pharmaceutical investment caps to 49 percent in the brownfield investment sector.
US space company SpaceX launched their first commercial satellite from Florida, in a mission that will usher in a newcomer in the global launch services industry.