This week: Dennis Rodman hangs out in North Korea, Hugo Chavez dies, America plays out its fiscal drama, and Bashar al-Assad follows in his father’s footsteps.
India’s reputation has quickly rebounded from the Commonwealth Games fiasco.
Yesterday’s results in the U.S. midterm elections have several implications relevant to India and bilateral relations.
Last week the U.S. Congress passed a border security bill that plans to generate funds by hiking H1-B and L-1 visa fee by $2000 per application per person. This would help fund the $600 million emergency fund for securing the U.S. border, particular with Mexico. (See David’s post for details.) Though it is not explicitly […]
Two events last week exemplify the growing U.S. populist backlash against India’s economic rise.
India’s rise will generate contradictory pressures on U.S. policymakers. Those in Washington who warily eye the expansion of Chinese power in Asia will welcome the strategic counterweight of a stronger India. But officials will also have to contend with a growing number of Americans who view the country as an economic rival. How Washington handles these cross-currents will be a fascinating balancing act.
BUT now these companies, solely in the name of corporate profitability, reciprocate neither their loyalty, nor duty to Americans to be good corporate citizens. Here we have a case in point about GE methodically shipping their entire energy efficient lighting manufacturing operation out of Ohio to China with the primary reason being given as lower labor costs.
This past weekend brought news of a mega business deal in India. Tech Mahindra was the highest bidder (at $1.2 billion) for Satyam Computer Services, a large and fraud-ridden information technology/outsourcing company that had been taken over by the Indian government after a series of scandals. Tech Mahindra is set now to become India’s 4th […]
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