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China overtakes US as top foreign investment destination: UNCTAD report

As per United Nations Conference of Trade and Development (UNCTAD) report, China has overtaken the United States (US) as the top destination for foreign direct investment (FDI). US  was on top as foreign investment destination for past 11 years i.e. since 2003. Key facts from UNCTAD report ..

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Indian-American Frank Islam presented with Martin Luther King Award

Frank Islam, an eminent Indian-American entrepreneur and philanthropist has been presented with the prestigious Martin Luther King Jr Award. He was given the award for his contribution to the legacy of the great leader through his efforts in international service ..

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New travel and trade rules between US and Cuba come into effect

New travel and trade rules between the United States (US) and Cuba have come into effect on 16 January 2015. It is considered as biggest policy shift between the two countries in more than 50 years after restrictions were imposed ..

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Japanese automaker Honda pays $ 70 million fine to US after failing to report safety issues

Japanese automaker Honda has agreed to pay US 70 million dollars in fines to the US authorities for failing to report safety issues involving its cars. It was announced by the US regulator National Highway Traffic Safety Administration (NHTSA) after ..

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International Hindi Conference 2015 will be hosted in New Jersey

International Hindi Conference-2015 (अंतर्राष्ट्रीय हिंदी सम्मलेन-2015) will be hosted by New Jersey, United States in April 2015. Theme of 2015 edition of this conference is Expanding World of Hindi: Possibilities and Challenges. Key facts of International Hindi Conference 2015 This conference seeks ..

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Edward Brooke, first black elected US senator passes away

Edward Brooke, the first elected black US senator passed away on 3rd January 2015. He was 95. He belonged to US’s Republican Party. About Edward Brooke He was elected to US Congress in 1966 by voters of Massachusetts State at a ..

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RBI signs an information sharing agreement with US banking regulators

Reserve Bank of India (RBI) has signed an information sharing agreement with United States (US) banking regulators for better coordination with them in supervising financial institutions. Earlier in December 2014, RBI had concluded a Statement of Co-operation (SoC) on “Supervisory ..

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Afghanistan and United States sign Bilateral Security Agreement

After much delay, Afghanistan and US have signed a BSA (Bilateral Security Agreement) that will chart the course for the two countries post withdrawal of majority of American troops. The BSA was signed in Kabul. This long term security pact ..

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