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Indo-US Ties
In a significant move, India and the United States have signed an agreement that would streamline the selection and funding process of research projects between scientists and engineers from the two countries. The opportunities under the arrangement are broad and can nimbly adjust to strategic priorities and researcher interests in computer science and engineering, geosciences, math and physical sciences, engineering, and emerging technologies, the National Science Foundation (NSF), an independent agency of the US that supports fundamental research and education in all the non-medical fields of science and engineering, said on Wednesday. "Through the creation of these opportunities, we are emphasising to the science and technology communities and the world that our governments are serious about breaking down barriers and facilitating collaboration," said NSF Director Sethuraman Panchanathan. The Indian-American NSF director said that the implementation of the arrangement would ...
US Treasury Secretary Janet Yellen's visit to India reflects the profoundness of bilateral ties, US India Strategic and Partnership Forum said on Saturday, asserting that the strong commercial relationship has fructified due to the shared democratic outlook and strong people-to-people contacts. In her first visit to India as Secretary of the Treasury, Yellen on Friday termed India as an "indispensable partner to the US" and called for further strengthening trade and investment between the two nations. Secretary Yellen's visit to India, shortly after meeting her counterpart Finance Minister Sitharaman in Washington a few weeks ago, reflects the profoundness of the relationship and the deep collaboration that exist between various ministries, beyond the principal and Foreign Minister and Secretary of State level meetings, USISPF president Mukesh Aghi said. Both Secretary Yellen and Finance Minister Nirmala Sitharaman have used this august forum in the US-India Economic and Financial .
Commerce and Industry Minister Piyush Goyal on Saturday exuded confidence that the India-US bilateral trade in goods and services will reach USD 500-600 billion by 2030 as their relation continues to strengthen. The trade between the two countries stands at about USD 175 billion at present. On whether India will join the trade pillar of 14-member Indo-Pacific Economic Framework for Prosperity (IPEF), Goyal said it would depend on what India will get in return. While 13 member countries have joined all four subjects -- trade, supply chains, clean economy and fair economy-- under IPEF, India has opted out of the trade pillar as of now. It has joined the other three subjects. "With regard to joining the trade pillar of IPEF, India decides its strategy on its own terms...If you want binding commitments (from India) on different subjects, tell me what I am getting in return. It has to be good for my people and my country. What you give me in return will determine whether I will join t
US Secretary of the Treasury Janet Yellen will visit India to participate in the US-India Economic and Financial Partnership on November 11 and discuss how the two countries can work together to deepen their economic ties, according to an official announcement here on Friday. In New Delhi, Yellen will highlight the strength of America's partnership with India, which continues to deepen, the Treasury said in a statement. Yellen will meet with technology sector leaders and visit the Microsoft India Development Centre, where she will deliver remarks on the United States' economic partnership with India, it said. She would also hold a bilateral meeting with Union Finance Minister Nirmala Sitharaman. Following the US-India Economic and Financial Partnership (EFP) dialogue, Yellen will join Sitharaman for a fireside discussion with executives from major Indian companies and American companies operating in India. To conclude the day, Yellen and Sitharaman will sign a joint statement on