That's a weak showing compared to President Xi Jinping's 2014 promise to spend $20 billion over five years in India, one of the fastest growing Asian economies.
The 10-day exercise, joined by some 14,000 US servicemen, aircraft carrier USS Ronald Reagan and the guided-missile destroyers USS Stethem, USS Chafee and USS Mustin, among others, "will take place in waters surrounding Okinawa" in southern Japan, the US navy said in a statement.
"President Trump's recent trip to Asia showed that America is ready to lead again in this crucial region of the world. That includes standing strong with our friends and allies, calling out those who threaten us, and looking out for the best interests of the American people and American businesses," Haley said.
Watch accompanying video of CNBC-TV18’s Ronith Ramesh for World View.
BlackBerry said the work of sub-licensing a broad range of its patents to global smartphone manufacturers will fall to Teletry.
The bills, which were introduced last week, would expand the power of the Committee on Foreign Investment in the United States (CFIUS), allowing it to review smaller investments and add new national security factors, such as exposure of Americans' Social Security numbers, for CFIUS to consider.
The Protect and Grow American Jobs Act (HR 170) – introduced by Courts, Intellectual Property and the Internet Subcommittee Chairman Darrell Issa - was passed by the House Judiciary Committee during a markup hearing today morning.
Trump paused an address to the nation yesterday to reach for water during a blow-by-blow account of his five-nation trip to Asia.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
A debt restructuring deal with Russia that allows Caracas to make "minimal" payments to Moscow in the next six years, together with a separate statement from the Chinese Foreign Ministry that Venezuela was capable of handing the debt issue "appropriately," underlined the reserve of support its socialist government enjoys from both countries.
Consumer Price Index edged up 0.1 percent last month after jumping 0.5 percent in September. That lowered the year-on-year increase in the CPI to 2.0 percent from 2.2 percent in September.
Her comments came after rebel MPs from within the Conservative party made it clear that they have every intention to oppose Downing Street's bid to enshrine in law the precise date of Brexit – March 29, 2019.
Senior officials of India and European Union (EU) on Wednesday held discussions on the long-stalled free trade pact and expressed willingness to address issues in a time-bound manner, the department of commerce said.
RBI Governor Urjit Patel was on Wednesday appointed to the Financial Stability Institute Advisory Board or the BIS, a global financial organisation owned by major central banks from across the world.
Asked whether France was keen on augmenting the deal, the sources maintained that it was up to India, but added that the focus currently was on delivering the 36 aircraft on time.
If all countries - including the United States - honour carbon-cutting pledges under the 196-nation treaty, the world would see 2.8 C of global warming above pre-industrial levels, the Climate Action Tracker (CAT) research group had previously calculated.
Saudi Arabia last week accused Lebanon of having declared war on it because of Hezbollah's role in other Arab countries. It regards Hezbollah as a terrorist organisation.
Secretary of State Rex Tillerson was speaking after a one-day stop in Naypyidaw, as global outrage builds over impunity for a military accused of waging an ethnic cleansing campaign against the Rohingya.
After the long bush war ended, Robert Mugabe was elected as Zimbabwe's first black prime minister, but it was not long before he began to suppress challengers.
The Indian community in Zimbabwe is safe, the Indian mission in Harare said on Wednesday after unrest in the country that triggered speculation of a coup.
Pakistan has withdrawn its bid to include the USD 14 billion Diamer-Bhasha Dam in PoK in the CPEC framework after China placed strict conditions, including ownership of the mega project, according to senior officials.
The note comes at a time when policymakers across the globe are meeting at the United Nations Climate Change Conference (COP 23)
Kinetic Group and Norton Motorcycles plan to import a limited number of the British brand's models - Commando and Dominator - to India over the next three months.
He rued that despite visible and tangible improvements, Afghanistan continues to face a multitude of challenges such as terrorism, low investment, blocked or interrupted connectivity and fluctuating institutional capacity.