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US-Japan joint statement highlights importance of trilateral dialogue with India

April 27, 2014

A joint statement between Barack Obama (US) and Shinzo Abe (Japan) in Tokyo (Japan) has spotlit a trilateral dialogue between Japan, India and the US for “peace and economic prosperity in the Asia-Pacific and around the globe“. Such a trilateral ..

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Asia-Pacific navies sign communication agreement at Western Pacific Naval Symposium (WPNS)

April 23, 2014

India and 21 other countries adopted an agreement at ameliorating communication at sea to cut down the possibility of conflict amid developing friction between a progressively assertive China and its neighbours. Naval chiefs of these nations participated at the biennial conference ..

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Sun Pharma to buy Ranbaxy in $3.2 bn deal

April 10, 2014

Sun Pharmaceutical Industries Limited acquired Ranbaxy Laboratories Limited (owned by Japan’s Diiachi Sankyo) in an all-share deal with total equity value of $3.2 billion. Earlier  in 2008, Daiichi Sankyo had bought Ranbaxy Laboratories for $4.6 billion. In the combined entity, promoters of Sun Pharma will hold ..

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Ukraine crisis: NATO suspends civilian and military co-operation with Russia

April 6, 2014

Following Russia’s annexation of Ukraine’s Crimea region, NATO suspended all practical civilian and military co-operation with Russia.  Russia’s annexation is being considered as a threat to European security. The 28-member NATO bloc gathered in Brussels (Belgium) for their first meeting since Russia’s ..

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READ (Read-Engage-Achieve-Dream): Indio-US alliance to improve reading skills at Indian Schools

April 6, 2014

READ (Read-Engage-Achieve-Dream): It is an alliance between India and USA to improve the Reading skills of millions of primary school-aged children in India. It is a US $3.2 Million alliance between the U.S. Agency for International Development (USAID) and the Indian ..

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Indian-origin teenager Suvir Mirchandani shows how printing in 'Garamond Font' could save US Government $400 Million every year

April 6, 2014

Suvir Mirchandani, a 14 year old Indian origin student at a school in Pennsylvania, has found a way of saving the US government $400 million dollars (£240 million) per annum. Suvir has shown how by simply changing the Font US ..

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Amnesty International released Global death penalty report 2013

March 29, 2014

Amnesty International released the Global Death Penalty Report 2013 in London, with a call on governments who still killed in the name of justice to impose a moratorium on the death penalty with a view to abolishing it.  Highlights of ..

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U.S. – India Energy Dialogue 2014 to advance clean energy access: Promoting Energy Access through Clean Energy (PEACE)

March 23, 2014

India and the USA signed a Memorandum of Understanding (MoU) to create a joint implementation committee to regularly monitor and boost the PEACE (Promoting Energy Access through Clean Energy) initiative in New Delhi. This new initiative PEACE was launched in ..

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US FDIC sued 16 world largest banks for manipulating LIBOR rates

March 23, 2014

The US regulator, Federal Deposit Insurance Corporation (FDIC) filed a law-suit on 16 world’s largest banks, as these global financial institutions are accuse of conspiring to manipulate the LIBOR interest rate. The US regulator stated that the manipulation caused substantial ..

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SIPRI: India is the world’s largest arms importer

March 22, 2014

As per the report published by the Sweden-based Stockholm International Peace Research Institute (SIPRI), India become the world’s largest arms importer over 2004-13 and its import of weapon systems is three times more than Pakistan and China.  As per the ..

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