India-US Current Affairs - 2020

India Business Council to host 45th India Ideas Summit 2020

On July 22, 2020, the India Business Council is to host India Ideas Summit 2020. PM Modi is to address the summit. Highlights The Summit will convene government leaders and business men for discussion about US-India partnership and trends in shaping trade and investment, globalization and future works. This year summit is to focus on Read More…

India-US hold ministerial meet on Energy Partnership

On July 17, 2020, India and US held a strategic virtual energy partnership meet to review the progress of major accomplishments and also to prioritize new areas of cooperation. Highlights India and US after the ministerial meet announced new areas of research on transformational power generation. The research is based on supercritical power cycles. The Read More…

India signs MoU to store strategic reserves of petroleum in the US

On July, 17, 2020, India and United States signed Memorandum of Understanding to begin discussions on storing petroleum reserves in the US soil. A virtual US-India Strategic Energy Partnership Ministerial was held between the Union Minister of Petroleum and Natural Gas Shri Dharmendra Pradhan and Energy Secretary of US Dan Brouillette. Highlights The countries signed Read More…

India forms “Air Bubble” with US, UK, UAE, Germany and France

On July 16, 2020, the Union Civil Aviation Minister Hardeep Singh Puri announced that India is to resume operation of international commercial flights with France and US. Highlights The Government of India has signed agreements with US, UK, France and countries in UAE. Negotiations with Germany is in its final stages. The Ministry of Civil Read More…

United States continues to be the Top Trading Partner of India in 2019-20

As per the data from the Union Ministry of Commerce and Industry, the United States remains as the top trading partner of India during the Financial Year 2019-20. This is the second consecutive Financial Year that the United States has become the top trading partner of India (in Financial Year 2018-19 United States surpassed the Read More…