NASA and ISRO signed a pact

May 2006
Members of a U.S. Congressional delegation led by Senator Michael Enzi addressing the media in New Delhi on April 13. From left, Sen. Johnny Isakson (R-GA), Sen. Lamar Alexander (R-TN), Secretary of Education Margaret Spellings and leader of the delegation Sen. Enzi (R-WY).

• Ambassador Sen co-hosts reception for Black Caucus

• Fashion show at Embassy Residence in honour of Junior League

• India-U.S. Biotechnology Working Group launched

• U.S. firms keen to invest in India’s power projects

• Indo-U.S. cooperation on energy vital: Murli Deora

• Economy on an upswing, says Montek Singh Ahluwalia

• Dennis Hastert upbeat on civil nuclear deal with India

• ‘Positive mood and optimism’ on Capitol Hill about N-deal

• U.S. Congressmen discuss education, health, N-deal

• U.S. keen to deepen relationship with India: Spellings

• India, U.S. sign protocol on emission-free power plant

• $950 million FutureGen emission-free, coal-fired power plant.

• To use coal-conversion technology to gassify coal, oxygen and steam to produce a hydrogen- rich “synthesis gas” Will generate 275 MW of electricity.

• India to contribute $10 million for the project over a five-year period.

• Private industries to contribute $250 million.

• U.S. government to provide $700 million in partnership with foreign governments.

• India to undertake carbon dioxide separation and storage project

• Power Secretary R.V. Shahi at a press briefing along with the Chairman, Carbon Sequestration Leadership Forum (CSLF), Jeffrey D. Jarrett, in New Delhi on April 4.

• Big push to service sector in foreign trade policy review

• Exports log $101 billion in 2005-06; growth target: 20%.

• Focus on job creation; policy to create 2 million jobs.

• Imports increase to $140 billion.

• ‘Exports industry to create 13.6 million more jobs by 2009-10’

• Merchandise exports industry to create 13.62 million new jobs by 2009-10 if the • target of doubling exports to $150 billion by then is achieved.

• Would generate 8.16 million direct and 5.46 million indirect jobs.

• 1.4 million direct new jobs had been created by the exports sector in 2004-05.

• Total employment generated by the export sector in India is 9 million in addition to 6.9 million export-related indirect jobs created through backward linkages and in logistics.

• If India exploits prospects in labour intensive goods, its merchandise exports in 2009-10 could reach $165 billion and generate 21 million new jobs.

• ‘Focus Market Scheme’ announced by the Government will allow duty-credit at 2.5 percent of the export value of all products to some notified countries.

• Infosys Technologies joins SEC pilot project

• Intel to be partner in Hyderabad’s Fab project

• Wipro Ltd.’s global IT business crosses $2 bn

• 33 Indian companies on Forbes’ 2,000

• Pvt. equity investments cross $1 bn

• Tata Steel is ranked world’s best steel maker

• Ranbaxy buys Ethimed NV in Belgium

• Air India-Indian Airlines merger

• Indian IT Co. acquires U.S. firm

• Goldman Sachs’ $1 bn investment

• India Visa’s fastest growing market

• Funding Sharekhan’s growth plans

• Mercer sets up firm in India

• India remains firm on share in IMF quota: Y.V. Reddy

• S&T organisations sign MoU with California University Department of Science and Technology (DST) Secretary Prof. V.S. Ramamurthy, and Prof. Gretchen Kalonji, representative of the University of California president Bob Dynes, exchanging the • Memorandum of Understanding in the presence of Union Minister for Science & Technology and Ocean Development Kapil Sibal, in New Delhi on March 16.

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