USICOC News and Views

Latest US-India business and political news.

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The US Senate has unanimously passed a bipartisan resolution designating September 30 as 'US-India Partnership Day' recognizing the contribution of the two countries to one another and the relationship that will continue to help define the 21st century. Read More ....

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Source: LiveMint and Wall Street Journal

New Delhi: Manjul Bhargava, Professor of Mathematics at Princeton University, has been awarded the prestigious 2014 Fields Medal at the International Mathematical Union’s (IMU) International Congress of Mathematicians held in Seoul. Bhargava, 40, is the first person of Indian origin to receive the prestigious medal, which has been awarded since 1936 and recognizes outstanding mathematical achievement for existing work and the “promise of future achievement”. Read more...

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Posted on in Business

Source: OIFC, January 2014

Investing in India, when living abroad, has always been the safe route to ensure good financial gains and securing future-return plans to the country. The Indian government too has played a responsible role in addressing the financial investment needs of its cash-rich, non-resident diaspora. Adopting a multi-level approach, the government has tried to ensure holistic investment opportunities for the wide-spectrum of foreign investor profiles – ‘gilt’ financial instruments, tax-saving instruments, business investment opportunities in multiple sectors, FDIs and more. 

The sectors that the government is looking for higher investments are currently in the Education, Energy and Environment, Healthcare, ICT (Information & Communication technology) and Infrastructure. Read more...

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