Exports of tea from India reached 309 million pounds in the first eight months of the 2022 calendar year, according to India's Tea Board data. This was an increase of 14.8% over the previous fiscal. India's tea exports for January to August 2022 was $470 million compared to $410 million...
U.S. House Approves India-Specific Waiver to CAATSA Sanctions
The U.S. House of Representatives approved legislation as an amendment to the annual National Defense Authorization Act (NDAA) that recommends an India-specific waiver under the Countering America’s Adversaries through Sanctions Act (CAATSA). If this waiver is becomes law, India will not be sanctioned for buying Russian defense equipment (the country...
India Plans Its Own Space Station by 2030
K. Sivan, the chief of the Indian Space Research Organization (ISRO) said India plans to establish its own "very small" space station by 2030. He envisages a 20 ton space station, which will be used to conduct experiments on microgravity and will accommodate astronauts for up to 15-20 days in...
India to Pivot Defense Spending toward US
According to the Stockholm International Peace Research Institute, also known as SIPRI, Russia remains India’s top arms supplier followed by the United States. However, India's Ambassador to the U.S., Harsh Shringla, says that this is about to change for India, the world’s second-largest arms importer and fifth-largest economy, Shringla explains,...
2017 Was Good for India's Department of Atomic Energy
The state-owned units of India's Department of Atomic Energy (DAE) performed well in 2017: Nuclear Power Corporation of India Limited's 2017 profit of $482 million was its highest ever; Uranium Corporation of India Ltd., achieved its highest ever production; and fuel cycle company Nuclear Fuel Complex achieved 115% of its...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...