The trade disputes have led to higher tariffs by the two countries and created unease over the depth of their security alliance

The announcement was made to clarify the central bank's directive in April last year that mandated foreign firms to store their payments data \"only in India\" for \"unfettered supervisory access\"

In a meeting arranged by the US embassy, Pompeo met Tata group Chairman Emeritus Ratan Tata, veteran banker Uday Kotak, and Mahindra group Chairman Anand Mahindra.

The two foreign affairs ministers held extensive talks on issues encompassing trade, energy, defence, investment concerns, and people to people contacts between India and the United States

Govt warns Amazon, Flipkart, other foreign e-commerce firms over discountsIndia has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters. Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new foreign direct investment rules (FDI), it ...

US Secretary of State Mike Pompeo's visit to New Delhi is critical. Topics such as India's missile deal with Russia and H1B visas are up for discussion apart from trade relations. Watch the video for more.

Pompeo also met Foreign Minister S Jaishankar to prepare the groundwork for the summit level meeting between US President Donald Trump and PM Modi on the sidelines of the G20 summit in Osaka, Japan on July 28.

Clearly, India and the US have come a long way from the trauma and blunders of the 1971 War. The US needs India to contain China and New Delhi realises that without a multi-pronged thrust, the dragon will grow into a hulking threat across the Himalayas.