In the list of top 10 companies getting H1-B visas in 2016, 37,370 visas were given to Indian companies which is 51 per cent of the total H1-B visas given to top ten companies that year. But in 2019, of the total H1-B visas granted to top 10 companies, only 9,808 visas, i.e. 24 per cent were given to Indian companies
Ahead of Trump's and US first lady Melania Trump visit to Sabarmati Ashram in Ahmedabad during US President two-day India visit, IndiaTV brings you the ground report on how preparations are being made at Sabarmati Ashram to welcome the US President.
Even though there are no signs of a trade deal between India and the United States during President Donald Trump's visit to India, it is quite possible that the two sign defense deals in the overture.
Indian American scholar Tanvi Madan has said that it is almost a truth almost universally acknowledged that China drives and shapes US-India relations. Indeed, broad convergence on China has been a key driver of US-India relations for the last two decades.
US President Donald Trump ahead of his India visit has said, "We're doing a very big trade deal with India. We'll have it. I don't know if it'll be done before the election, but we'll have a very big deal with India."
Majority of trade agreements being implemented by India have had "no effect" on the country's overall merchandise exports, according to the Economic Survey. It also said that products manufactured in India have clearly benefitted from eight out of the fourteen trade agreements considered in the survey.
Modi said India is “clear” that a mutually beneficial RCEP, in which all sides gain reasonably, is in interests of the country and of all nations involved in the negotiation
Trump and Chinese President Xi Jinping were expected to ink the agreement at the Asia Pacific Economic Cooperation summit in Santiago, Chile in mid-November. But host Chile announced on Wednesday that it was cancelling the event due to ongoing mass demonstrations.
The rupee pared most of its initial losses and settled the day marginally down by 5 paise as China offering to buy additional US goods to ease trade tensions bolstered hopes of a partial deal between the two major economies.
In recent months, Donald Trump has imposed additional tariffs on Chinese products worth USD 200 billion and he has ordered for another round of tariffs on rest of the Chinese imports amounting to USD 300 billion.
After the near collapse of trade talks with China last week, Trump on Friday imposed a hefty duty on import of Chinese products from 10 per cent to 25 per cent worth more than USD 200 billion and asking for a similar increase on tariff on the rest of the Chinese import of over USD 300 billion.
The Indian markets have more reasons to worry as its less than a fortnight away from the outcome of the mega event -- the general elections.
The Trump administration on Friday increased tariffs on USD 200 billion worth of Chinese products from 10 per cent to 25 per cent despite China threatening to retaliate.
The US re-imposed sanctions on Iran last November, after President Trump pulled out of the landmark 2015 Iran nuclear deal.
The talks with the Chinese on a bilateral trade deal has been going on quite well, said US President Donald Trump
Official sources said that India will forcefully raise the issue of Pakistan's support to terror groups during delegation-level talks between Prime Minister Narendra Modi and the Crown Prince on Wednesday.
Trump threatens to block China trade deal; warns of imposing third round of tariffs on Chinese goods
"I think we'll make a deal with China. And I think it'll be a very fair deal for everybody, but it will a good deal for the United States," he said.
Responding to questions, Kudlow refrained from providing any further detail about the nature of the talks with India.
The US and Canada were under pressure to reach a deal by midnight Sunday, when the US must make public the full text of the agreement with Mexico.
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