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    Indian professionals wait and watch Trump’s executive pen

    2020-03-16T09:25:06+00:00February 9th, 2017|2017/2018, February 2017, The Americas, Year|

    Just days after Donald Trump was sworn in as the 45th US President, there is much upheaval around his series of unilateral executive orders. There is yet another draft reportedly awaiting his signature, which could hit Indian professionals hard. American billionaire Donald J. Trump marked his first days in the Oval Office in characteristic style by signing some of the most controversial executive orders in history. The suspension of the US refugee programme for 120 days and a cap on [...]

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      Is India really Donald Trump’s ‘true friend’?

      2018-06-12T10:00:07+00:00February 9th, 2017|2017/2018, December 2017, February 2017, India-US, The Americas, Year|

      There are not too many countries towards whom the new United States President, Donald Trump, has shown a consistently friendly demeanour. India is one of them. As Trump told Prime Minister Narendra Modi in his most recent phone conversation to New Delhi, he saw India as a “true friend”. India is seen, strategically, as a kindred spirit by President Trump and his team. However, the indications are that no country will receive a free pass when it comes to Trump’s [...]

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        Indian firms on buying spree in the US

        2018-05-18T13:04:10+00:00February 8th, 2017|2017/2018, February 2017, The Americas, Year|

        The US remained among the key destinations for Indian companies on a global expansion spree.

        JSW Steel to restart US coal mining

        JSW SteelsJSW Steel plans to restart coking coal mining in the US, according to Indian media reports.

        JSW Steel owns nine coking coal mines with cumulative resources of 123 million tonnes at West Virginia in the US. These mines, which were acquired from a string of US-based companies in 2010, could not be developed due to a fall in coal prices following global financial crisis and the subsequent economic slowdown. Spot coking coal prices have more than trebled from $90 a tonne to $310 a tonne since July, on the back of strong demand from China and predictions of worst-ever cyclone in Australia.

        Seshagiri Rao, Joint Managing Director, JSW Steel, said: “We will restart coking coal mines in the US by March next year and then take up iron ore mining in Chile. We will not bring the coal to India but it will act as a financial hedge as we are largely dependent on imported coal to operate our plants in India.” International coking coal prices have gone up sharply because of Chinese imports.

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