As US tries to counterbalance China's power in the region through India, it is also at a crossroads with the new Modi govt and needs to iron out several foreign policy challenges for smooth ties.
Indian decision comes amid pressure from the Trump administration, which had called on India and 7 other countries to stop the import of Iranian crude.
US Commerce Secretary Wilbur Ross, on a visit to New Delhi, said trade between the two countries is affected by a plethora of tariff and non-tariff barriers.
The Trump administration had informed Congress that it wants to scrap trade concessions for India, the largest beneficiary of the generalized system of preferences.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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