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From the seas to the stars: a new US-India relationship

BUSINESS ECONOMICS

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July 1 - 31, 2023

The joint statement issued from the White House, which spans across oceans and reaches the realm of the stars, has come as a global surprise. Prime Minister Narendra Modi's exceptional performance at the joint session of the US Congress, along with the transformation of the relationship from an openly abusive one in the 1970s to today's effusive praise, leaves the world wondering.

- Buroshiva Dasgupta

From the seas to the stars: a new US-India relationship

The 58-paragraph long statement signifies a "new level of trust and understanding" between the two countries. It includes a dozen partnership deals on technology transfers, skill development, trade, and business. The global fight against terrorism has taken a back seat, making way for agreements on technology enhancement and renewable energy. It is worth noting that in the past, the US withheld the technology of mainframe computers from India, forcing the country to develop it independently. However, today, the US and India are moving towards a transfer agreement on "Quantum Information and Science Technology." President Biden has expressed his intention to reduce US barriers on the export of high-performance computing (HPC) technology and source code to India.

BUSINESS ECONOMICS からのその他のストーリー

BUSINESS ECONOMICS

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Rupee has weakened

The rupee has weakened significantly over the past year, falling from 84.7 to 89.7 against the US dollar. Its depreciation has been even sharper against the euro (9.4 per cent) and the British pound (14.3 per cent). It has also lost value against the Japanese yen and the Chinese yuan. In nominal terms, therefore, the rupee has depreciated against all major global currencies.

time to read

1 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Foundations of Indian Yoga Philosophy

Yoga, in very simple terms, means union.

time to read

4 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

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The New Indian Professional: Work, Wealth & Wellness in 2026 Changing aspirations, consumption patterns, and lifestyle expectations

As 2025 draws to a close, a new archetype is emerging across India's corporate and entrepreneurial landscape.

time to read

4 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

Where Rhythm Meets Divinity: A Three-Day Odyssey of Indian Classical Art

An Artistic Journey Through Dance, Melody & Tradition (27-29 November 2025)

time to read

3 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

Bharat Electronics Ltd

BEL is a public sector undertaking (PSU) under the Indian government's Ministry of Defence.

time to read

2 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

A New Crisis: Impact of US Tariff hikes on UP's Industries

Long-established industrial centres such as Kanpur, Moradabad, Bhadohi and Firozabad are currently facing severe disruptions due to the imposition of steep US tariffs.

time to read

2 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Nobel Prize in Physiology or Medicine 2025 Significance of the Laureates' Work in the Medical World

Mary E. Brunkow, Fred Ramsdell, and Shimon Sakaguchi have been awarded the 2025 Nobel Prize in Physiology or Medicine for their pioneering discoveries on peripheral immune tolerance—the mechanisms that prevent the immune system from attacking the body’s own tissues.

time to read

2 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

The RBI's Balancing Act: Strategy and Execution in 2025

In 2025, the Reserve Bank of India (RBI) has adopted a cautious yet steady monetary policy, distinguishing itself from the more aggressive actions of several global central banks.

time to read

3 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

From stagnation to surge: 10 reasons the Indian market rallied hard

The Indian stock market spent most of 2025 moving sideways in a narrow and frustrating band.

time to read

5 mins

December 1 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Uttar Pradesh witnesses renovations of pilgrimage sites propelling multi-dimensional growth

Last month, Prime Minister Narendra Modi ceremonially hoisted the saffron flag, the Dharma Dhwaj, atop the Ram Temple in Ayodhya, marking the completion of the temple's construction.

time to read

3 mins

December 1 - 31, 2025

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