Mumbai, May 4 (IANS) The Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (IRDAI) are not in favour of allowing banks and insurance companies to participate in the commodity derivatives market, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Monday.Speaking on the sidelines of the IMC Capital Markets Conference at the NSE, Pandey said both regulators have a “valid rationale” behind their stance and are not favourabl…
Latest US-India Business Council News & Updates
New Delhi, April 17 (IANS) India’s capital markets are increasingly being recognised as a stable, resilient and globally competitive destination for long-term investments, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Friday.Speaking at the IMF-World Bank Spring Meetings during an interaction organised by the Confederation of Indian Industry (CII) and the US-India Business Council, Pandey noted that Indian markets have evolved into a structural pillar of the…
Hyderabad, Feb 19 (IANS) Telangana’s emergence as a hub for AI-driven innovation was highlighted before representatives of the US–India Business Council on Thursday at the USIBC Round Table during the India AI Impact Summit–2026 in Delhi. Addressing the Round Table, Minister for Industry and Information Technology D. Sridhar Babu said that, with world-class infrastructure and a strong technology ecosystem, Telangana offers compelling opportunities for US investors seeking scalable, futu…
New Delhi, Feb 19 (IANS) Karnataka showcased its growing strength in Artificial Intelligence and deep technology at the India AI Impact Summit 2026, with Minister for Electronics, IT, Biotechnology and Science and Technology Priyank Kharge presenting the state’s achievements before global industry leaders on Thursday.Addressing the media on the sidelines of the summit in New Delhi, Kharge said on Thursday, Karnataka continues to maintain a leading position in the Artificial Intelligence (AI) s…
Washington, Feb 3 (IANS) The India-US trade deal announced by US President Donald Trump is a “very significant” development and could reshape economic ties between the two countries, Atul Keshap, President of the US-India Business Council (USIBC), said on Tuesday. Keshap told IANS in an interview that the agreement includes “a very substantial reduction of tariffs charged by the United States toward Indian goods that are coming to our country.” He said India would also move to “recipro…
Washington, Feb 2 (IANS) Leading US-India business groups welcomed India’s Union Budget 2026–27, saying it reinforces growth, fiscal discipline, and India’s role as a key economic partner for the United States during global uncertainty.US-India Business Council (USIBC) and the US-India Strategic Partnership Forum (USISPF) said the budget underscored India’s commitment to economic growth, resilience, and global competitiveness, while strengthening the foundations for deeper bilateral comm…
Washington, Dec 23 (IANS) The United States and India must conclude a long-pending trade agreement to unlock deeper economic integration and reinforce business confidence on both sides, Atul Keshap, President of the US-India Business Council (USIBC), said following a recent visit to India. Keshap said he travelled to India with USIBC Chair Ed Knight to hear directly from Indian leaders and businesses about their views on America, trade negotiations and investment flows.“We wanted to hear from …
Washington, Dec 22, (IANS) The appointment of Sergio Gor as the next US Ambassador to India could significantly strengthen bilateral ties due to his exceptional access to President Donald Trump, Atul Keshap, said, President of the US-India Business Council (USIBC). Keshap described the ambassador as “the quarterback of the entire US government team” in India, responsible for coordinating both in-country operations and interagency efforts in Washington. “It’s a very critical role. It’s …
Washington, Dec 22, (IANS) India’s economic acceleration and digital transformation are reshaping the country at a pace that many outside observers may underestimate, Atul Keshap, President of the US-India Business Council (USIBC), said after a recent visit. Keshap said meetings with cabinet ministers, parliamentarians, experts and business leaders left him with “a clear sense of an India on the move.” He cited India’s 8.2 per cent growth rate and visible transformation across infrastruc…