After Khobragade affair, US wants to move India ties forward

January 24, 2014

Kerry_obamaWashington, Jan 24: Putting the Khobragade affair behind them, the United States hopes to move forward the "broad" and "strong" strategic partnership between "the oldest and the largest democracies in the world."

The sentiment was expressed by US Deputy Secretary of State Heather Higginbottom Thursday at a reception hosted by Indian Ambassador S. Jaishankar at his residence to celebrate India's 65th Republic Day on Sunday.

Attending the reception "on behalf of President (Barack) Obama and the people of the United States," the US official said "India's Republic Day reminds us of the strength of India's democratic institutions and traditions."

"And it also reminds us of the strength of the ties between our people and our governments," Higginbottom said. "As we often say, we have a strategic partnership between the oldest and the largest democracies in the world."

Noting that Jaishankar, who played key role in negotiating the landmark India-US civil nuclear deal, "has a very long and distinguished history of strengthening the partnership between our two nations," she said: "I look forward to working together with him to continue those efforts."

US and India "have a broad range of joint efforts and shared interests that keep propelling us forward," Higginbottom said listing among others their space cooperation, homeland security dialogue, health initiatives, work on climate and energy issues and education cooperation.

The two countries' "strong trade and investment ties fight poverty and drive growth in both countries," she said noting, "We have reached close to $100 billion in bilateral trade each year - numbers that we expect to see increase in the coming years."

"Beyond our bilateral relations, we are strong partners in building an international framework to underpin continued peace and prosperity," Higginbottom said.

"Our regional dialogues, including the US-India-Japan trilateral exchange and the ASEAN Regional Forum, have helped develop a shared vision for stability in Asia and the Indian and Pacific Oceans."

"The bottom line is that this partnership is broad and it is strong," she said expressing confidence that "this relationship will continue to grow for the benefit of all our people."

Meanwhile, at the State Department Spokesperson Marie Harf noted US Secretary of State John Kerry and Indian External Affairs Minister Salman Khurshid had met Wednesday on the sidelines of the Geneva II talks.

"I think the fact that the Secretary sat down with his counterpart to discuss the whole range of issues we deal with India on is a sign that the relationship is moving forward and that we have a lot of work to do," she said.

Asked of the khobragade affair was discussed at the two ministers' meeting and its outcome, Harf said: ".we're trying very hard to move past this. And I know the Secretary believes that as well."

"So again, we'll keep having discussions with the Indian Government when they raise them, but we are very focused on moving the relationship forward."

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Agencies
February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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News Network
July 11,2020

New Delhi, Jul 11: India's COVID-19 case count crossed the eight lakh-mark on Saturday with yet another highest single-day spike of 27,114 new cases in the last 24 hours.

As many as 519 deaths were reported during this period.

The total number of positive cases in the country stands at 8,20,916, including 2,83,407 active cases, 5,15,386 cured/discharged/migrated and 22,123 deaths, according to the Ministry of Health and Family Welfare.

With as many as 2,38,461 COVID-19 cases, Maharashtra continues to remain the worst-affected state, followed by Tamil Nadu (1,30,261) and Delhi (1,09,140).

Meanwhile, 1,13,07,002 samples have been tested for COVID-19 till July 10. Out of these 2,82,511 samples were tested yesterday, according to the Indian Council of Medical Research (ICMR).

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News Network
February 1,2020

Feb 1: The Congress on Saturday expressed hope that the Union Budget would provide relief to the salaried class through tax cuts and invest in rural India besides providing a healing touch to the common man and industry facing “hardship” since demonetisation.

Congress chief spokesperson Randeep Surjewala said the last budget led to crashing consumption levels, soaring unemployment and falling GDP. “Budget 2019= Consumption crashed, Unemployment soared, Farm distress surged, Incomes declined, Investments slumped, Public spending fell, GDP nose dived!,” Surjewala tweeted. “Yet, Modiji gave Corporate Tax Cuts of Rs 1,45,000 crore. Let Budget 2020 give tax cuts to Salaried Class and invest in Rural India,” he said

Rajasthan Chief Minister Ashok Gehlot hoped the budget fulfils expectations of the common people. “Budget 2020 is the time for NDA government to provide a healing touch to common people and industries facing hardships since noteban. Hope the budget fulfils expectations of common people and provide relief across sections,” Gehlot said.

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