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"We have a deal" - insurance may unlock India-U.S. atomic trade

Jan 26, 2015 at 00:45 | Source: FirstPost

NEW DELHI (Reuters) - Prime Minister Narendra Modi and U.S. President Barack Obama unveiled a plan centred on insurance on Sunday that they hope will convince U.S. companies to build nuclear power stations in India, but stopped short of demands to so...

Breakthrough: India-US end six-year-old logjam over civil nuclear deal

Jan 25, 2015 at 20:24 | Source: FirstPost

Indian Prime Minister Narendra Modi and US President Barack Obama on Sunday ended the six-year-old deadlock over operationalising the landmark civil nuclear deal signed in 2008."The civil nuclear agreement was the centrepiece of our transformed ...

With Liability Clause settled, will Obama clear nuke deal by dumping flagging issue?

Jan 24, 2015 at 21:13 | Source: FirstPost

India and the United States still have a chance to operationalise their civilian nuclear cooperation agreement, hanging fire since 2008. This can happen if US President Barack Obama chooses to surprise Prime Minister Narendra Modi during their talks ...

Obama's a friend, but Sangh may deny Modi ease of doing business with the US

Jan 24, 2015 at 21:03 | Source: FirstPost

The Americans are known to be highly transactional in the way they craft and implement their foreign policy. History bears witness to this tendency. Before they agreed to join UK in the war effort against Hitler in 1941, Americans asked Britain to di...

Obama's an ally, but Sangh Parivar may deny Modi ease of doing business with US

Jan 24, 2015 at 20:32 | Source: FirstPost

The Americans are known to be highly transactional in the way they craft and implement their foreign policy. History bears witness to this tendency. Before they agreed to join UK in the war effort against Hitler in 1941, Americans asked Britain to di...

Forex kitty swells to hit a record but still RBI shouldn't use it to fund infra

Jan 24, 2015 at 18:38 | Source: FirstPost

India should thank Narendra Modi and crude oil for its all-time high foreign exchange reserves at $322 billion logged in the last week - the prime minister for creating a positive wave that has drawn higher foreign institutional investments and crude...

Obama visit: India, US hope to make progress in nuclear, defence, technology transfer

Jan 24, 2015 at 18:35 | Source: FirstPost

New Delhi: Moving forward on issues of civil nuclear deal, technology transfer and joint ventures in defence will be among the key areas where India and the US will like to have "concrete deliverables" during the three-day high-voltage trip...

Reliance Communications targets Rs 400 cr revenue from cloud space in two years

Jan 23, 2015 at 20:33 | Source: FirstPost

Mumbai: Reliance Communications (RCOM) is looking at generating a revenue of Rs 400 crore from cloud-based and related services in the next couple of years, a senior company executive said today. After tying up with firms like Hitachi, IBM, Polycon a...

Ahead of Obama's visit, India may add sovereign guarantee to nuke deal with US

Jan 23, 2015 at 18:51 | Source: FirstPost

London: Seeking to remove the hurdles in operationalising the Indo-US nuclear deal ahead of US President Barack Obama's visit beginning on Sunday, the Indian government may throw in sovereign guarantee to address the concerns of foreign suppliers ove...

Hinduja brothers only Britons in world's top 80 billionaires list

Jan 23, 2015 at 17:32 | Source: FirstPost

Davos: With an estimated wealth of nearly $14 billion, India-born Hinduja brothers have now emerged as the only British names on the list of world's top 80 billionaires dominated by Americans.Srichand and Gopichand Hinduja emerged as the 66th richest...

Ordinances not an issue for investors, they're extremely happy, says Jaitley at WEF

Jan 23, 2015 at 13:50 | Source: FirstPost

Davos: Terming political opposition to ordinance route for reforms as 'obstructionism', Finance Minister Arun Jaitley said the foreign investors have no problems with these decisions and they were rather happy that the government has brought in legis...

Exclusive: India-US nuclear deal won't be operationalised during Obama's visit

Jan 23, 2015 at 10:50 | Source: FirstPost

Just about two days before United States President Barack Obamas India visit (25-27 January), here is a bit of bad news about India-US bilateral relations. After hectic efforts to remove glitches in the India-US civilian nuclear agreement and make it...

Go back Barack Obama: Bastar Maoists to launch protests against Presidential visit

Jan 23, 2015 at 10:35 | Source: FirstPost

Go Back Barack Obama!'This is how Naxal cadres in Maoist hotbed Bastar are welcoming US President Barack Obama, the countrys chief guest on the Republic Day. On a three-day visit to India, Obama will reach Delhi on January 25.To make themselves heard...

May opt for Joint Parliament session if insurance reforms delayed, says Jaitley

Jan 23, 2015 at 07:20 | Source: FirstPost

Davos: Finance Minister Arun Jaitley today said the government will go for a joint session of Parliament in case there is a delay beyond six months in getting Parliamentary approval for the ordinance that raises the FDI limit in the insurance sector....

Exclusive: India-US nuclear deal won't be operationalised during Prez Obama's visit

Jan 23, 2015 at 07:17 | Source: FirstPost

Just about two days before United States President Barack Obamas India visit (25-27 January), here is a bit of bad news about India-US bilateral relations. After hectic efforts to remove glitches in the India-US civilian nuclear agreement and make it...

India, US trying to resolve differences in nuclear deal before Obama visit, says Akbaruddin

Jan 22, 2015 at 22:35 | Source: FirstPost

New Delhi: India and US negotiators have been making "progress" in trying to resolve the differences in operationalising the landmark civil nuclear deal ahead of President Barack Obama's arrival here on 25 January on a three-day visit, whic...

Reliance Industries raises $1 bn via 10-year bond issue

Jan 22, 2015 at 22:30 | Source: FirstPost

New Delhi: Reliance Industries has raised $1 billion in debt through a 10 year bond issue at an interest rates considered lowest in Asia and with almost no new-issue premium. "The Notes will be denominated in US dollars, and will bear fixed inte...

India, US trying to resolve differences in nuclear deal ahead of Obama visit, Akbaruddin

Jan 22, 2015 at 19:16 | Source: FirstPost

New Delhi: India and US negotiators have been making "progress" in trying to resolve the differences in operationalising the landmark civil nuclear deal ahead of President Barack Obama's arrival here on 25 January on a three-day visit, whic...

India-US talks extends talks in London on nuclear liability clause

Jan 22, 2015 at 17:24 | Source: FirstPost

New Delhi: India and the US extended their talks in London by a day today to iron out the kinks in the way of operationalising the landmark civil nuclear deal with officials making all efforts to stitch a "concrete" outcome during President...

ECB expected to inject up to €1 trillion into eurozone

Jan 22, 2015 at 14:42 | Source: BBC

The European Central Bank (ECB) is expected to announce it will inject up to €1 trillion euros into the ailing eurozone economy. The ECB could purchase government bonds worth up to €50bn (£38bn) per month until the end of 2016 - double the amoun...

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