Author: Senjuti Bhattacharya

PwC US and PwC India are joining forces through a new joint venture designed to expand and accelerate consulting and advisory services for clients in India, the United States and other international markets. The arrangement will combine PwC India’s consulting operations with the India-based advisory capabilities of PwC US. Rather than maintaining these resources across separate platforms, the firms plan to bring them together under one integrated structure, creating a larger pool of expertise to serve businesses operating across borders. The move comes as India continues to become increasingly important to multinational companies. Beyond its expanding consumer and business market,…

India and Thailand are looking to give their economic partnership fresh momentum, with senior officials discussing expanded trade, investment and closer connections between businesses in the two countries. Union Commerce and Industry Minister Piyush Goyal met Thailand’s Deputy Prime Minister and Commerce Minister Suphajee Suthumpun in New Delhi to explore opportunities for deeper commercial cooperation. The discussions at Vanijya Bhawan centered on creating new avenues for businesses while promoting more balanced and sustainable economic growth. Both sides considered measures that could help increase bilateral trade and investment, including greater cooperation between private-sector companies. The ministers also stressed the importance of…

Prime Minister Narendra Modi addressed the first International Space Summit in Paris, France, through video conference on Thursday, thanking French President Emmanuel Macron for organizing the gathering and inviting India to participate. Speaking about the growing importance of space, Modi said developments beyond Earth are increasingly connected to life on the planet, influencing areas such as climate monitoring, agriculture, oceans and communities. He called for greater international cooperation as space becomes increasingly crowded with more satellites, advanced technologies and a growing number of space actors. Modi emphasized that countries should prioritize cooperation over confrontation, long-term sustainability over short-term interests, and…

The United States has stepped up its humanitarian response in Nepal after catastrophic flash floods devastated several areas, killing more than 1,300 people and leaving thousands unaccounted for. The disaster also affected dozens of American citizens, prompting Washington to expand its support for emergency relief and search-and-rescue operations. US military personnel are assisting with the delivery of critical supplies and equipment to communities affected by the floods. The disaster struck multiple districts near Nepal’s border with China on August 26, affecting at least 65,000 people and severely damaging roads, bridges, homes and other essential infrastructure. The US response comes as…

Prime Minister Narendra Modi and Russian President Vladimir Putin are expected to hold a bilateral meeting on Friday, September 11, as New Delhi prepares to host the 2026 BRICS Summit. The discussions are likely to focus on key areas of India-Russia cooperation, including defense, trade, and economic relations, with the possible sale of Russia’s Su-57 fighter aircraft expected to be among the subjects under discussion. Kremlin spokesperson Dmitry Peskov confirmed that the two leaders are scheduled to meet during Putin’s visit. According to Peskov, Modi and Putin will first review the broader bilateral relationship before discussing specific areas of cooperation.…

US Ambassador to India Sergio Gor has highlighted the growing cooperation between the United States and India in space exploration after meeting Indian astronaut Shubhanshu Shukla, the first Indian to travel to the International Space Station. Sharing details of the meeting on social media, Gor praised Shukla’s professional journey, describing it as a strong example of the expanding partnership between the two nations in the space sector. Shukla’s path has included training with NASA and serving as the pilot of Axiom Space’s Ax-4 mission, demonstrating the increasing opportunities for collaboration between Indian and American space organizations. Gor said Shukla’s achievements…

Indian Ambassador to the United States Vinay Kwatra marked the growing economic relationship between India and the US by ringing the opening bell at the Nasdaq stock exchange, one of America’s most prominent financial markets. The ceremonial event highlighted the expanding partnership between the world’s two largest democracies, particularly in areas such as technology, entrepreneurship, innovation and business. Kwatra said the occasion represented the increasing strength and future potential of economic cooperation between India and the United States. In a message shared after the event, the Indian ambassador pointed to India’s ongoing economic and technological transformation. He said the country’s…

The value of securities held by US investors in India reached $390,000 million at the end of 2025, according to preliminary figures from the US Department of the Treasury. The data keep India among the leading overseas markets for American portfolio investors. The figures were published on August 31 in the Treasury Department’s preliminary annual report covering US holdings of foreign securities at the end of 2025. The survey was carried out in coordination with the Federal Reserve Bank of New York and the Board of Governors of the Federal Reserve System. India ranked 12th among countries and jurisdictions receiving…

The US House of Representatives has unanimously approved bipartisan legislation co-led by Indian-American Congressman Raja Krishnamoorthi that aims to strengthen the federal government’s ability to investigate and prosecute international trade crimes. The measure, known as the Protecting American Industry and Labor from International Trade Crimes Act, or PAIL Act, now moves to the Senate for consideration. The legislation would create a dedicated structure within the Justice Department’s Criminal Division focused on trade-related offenses. Its supporters say the initiative would give federal authorities greater resources, specialized expertise, and stronger coordination capabilities to address violations that can harm American businesses and workers.…

India’s telecommunications sector continued its upward trajectory in July 2026, with the country’s total telephone subscriber base climbing beyond 1.35 billion, according to data released by the Telecom Regulatory Authority of India (TRAI). The number of total telephone subscribers increased from 1.348 billion at the end of June to approximately 1.354 billion by the end of July. This represented monthly growth of 0.46%. Overall tele-density also edged higher during the month, moving from 94.31% to 94.68%. Mobile connectivity remained the dominant part of India’s telecom ecosystem. Active wireless subscribers stood at about 1.204 billion based on the peak Visitor Location…