US think tank launches new India-US trade initiative, targets $500 billion
In a significant effort to enhance trade relations between India and US, a top US think-tank has launched an India-US trade initiative. The initiative is likely to build on the momentum of India’s Prime Minister Narendra Modi and US President Barack Obama’s ambitious plan to increase the trade levels between the two countries in the […]
Saudi Arabia selling US assets would destabilise global markets: White House
Global financial markets would be destabilised if Saudi Arabia decides to sell off the $750 billion worth of American assets it holds in protest against a controversial legislation that would allow 9/11 victims to sue the kingdom, the White House has warned. “What I’ll just say in general is our concern is that a hypothetical […]
China willing to handle disputes with India: Premier Li
After China reacted positively toward setting up a military hotline with India on border security, Chinese Premier Li Keqiang said that Beijing is willing to properly handle its disputes with New Delhi as cooperation between the two countries will be a “great engine” for Asia’s development.