Luxembourg – $223.4 billion
India – $118.2 billion
April 13, 2017 No Comments
The Manohar Parrikar-led Ministry of Defense in India will buy its requirement of close quarter battle carbines directly instead of going through the conventional route of floating global tenders for them.
“With repeated failure to procure it through the global tendering process, the ministry has to go for direct government-to-government sale for buying these weapons. It will speed up the acquisition process and will rule out allegations of corruption,” a senior ministry official said.
The New Indian Express reports that New Delhi has proposed an agreement under the ‘foreign military sales’ category for buying 10,000 such carbines directly from a country that is willing to supply them. The remaining 34,000 units will be manufactured in India under a production license.
January 4, 2017 No Comments
Persons of Indian origin and Indo-philes alike are welcome to attend the 2015 Regional Pravasi Bharatiya Divas (Overseas Indians) Convention hosted in Los Angeles for the very first time.
Sushma Swaraj, India’s External Affairs Minister who also runs the Ministry of Overseas Indian Affairs inaugurates the Convention at 6:00 PM on Saturday evening, November 14 at the Westin Bonaventure Hotel followed by dinner. Discussions resume next morning, Sunday from 9 am until 5 PM.
Register for just $50 per person or $75 per couple. Here is the registration link http://www.rpbdla.org/registration
“RPBD Los Angeles 2015” is subtitled “The Indian Diaspora: Defining a New Paradigm in India-US Relationship”, capturing the ethos of ongoing US-India relationship and the role played by the Indian diaspora. Amritt’s Gunjan Bagla will moderate one of the sessions.
Morning Discussion on
- Smart Cities
- Skill Development
- Infrastructure Development
- Waste Management
- Swachh Bharat (Clean India)
- Renewable Energy
- Digital India
- Cleaning the Ganges River
Lunch at 1 PM
Afternoon discussions on
- Innovation & Entrepreneurship
- Education, Skills & Vocational Training
Other details are avaialble at http://www.rpbdla.org/
Note that the OIFC Business Meeting on Saturday, November 14 requires separate registration and is free.
November 7, 2015 No Comments
Speaking at the J.P. Morgan Healthcare Conference, Mike Mahoney, CEO of Boston Scientific a Marlborough, Mass.-based medical device company, said the company derived about 10% of its total sales from emerging markets in Brazil, Russia, India and China during the 3-months ended Sept. 30, 2014 — an 18% increase from the same period in 2013.
Mass Device reports that Boston Scientific is looking double its emerging markets presence over the next 2 years as it seeks to catch up with larger competitors; therefore expanding its presence in emerging markets is one of five strategic imperatives Mahoney said the company is putting forward in 2015 and beyond.
May 1, 2015 No Comments
Bloomberg has ranked the incidence of stress in the lives of people in 74 countries of the world. Seven equally weighted variables were considered in the rankings: annual homicide rates, GDP per capita on a purchasing-power-parity basis, income inequality, corruption perception, unemployment, urban air pollution, and life expectancy.
Life is most stressful in Nigeria which was ranked #1, Pakistan was at #7, India at #14, China at #29 and the U.S. at #54. The least stressed country was Norway at #74. Only countries with data available for all seven variables were included. Find your country in the graphic below:
January 26, 2015 No Comments