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US finance corp to invest $54 mn in India’s infra fund

The National Investment and Infrastructure Fund (NIIF) is in its final round of fundraising for development projects. Our Bureau US International Development Finance Corporation (DFC) announced Monday that it will invest $54 million in equity for India’s National Investment and...

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Reddy appointed Biden’s director of speechwriting

Our Bureau WASHINGTON: President-Elect Joe Biden’s tryst with diversity continued on Tuesday as he picked two more people from ethnic minority communities among five people he appointed to various White House functions. Among six staff members that were named, Vinay...

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Raghavan to be deputy director of the Office of Presidential Personnel

Our Bureau WASHINGTON: Another Obama administration official finds himself in the Biden administration, and this time he’s gay and he’s Indian American. Gautam Raghavan, a White House LGBTQ+ liaison in President Barack Obama’s administration, will now be deputy director of...

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Popular Indian newsperson penalized by UK regulator

Arnab Goswami, the popular anchor and part-owner of Republic TV, found himself in a fresh bit of trouble Tuesday, after the UK media regulator found his content offensive to specific groups of people. On September 6, 2019, Goswami's Hindi channel...

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Boeing drops India manufacturing plans

Earlier this month, an iPhone manufacturing plant near Bengaluru was vandalized, leading to fears that foreign manufacturing companies may go slow on plans. Aerospace company Boeing has canceled its plans to establish a manufacturing unit in Bengaluru, India. Instead, the...

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Biden appoints Ramamurti to economic council

He is one of the three people appointed to the NEC Weeks after he was in the short list, Bharat Ramamurti was appointed a member of the economic council in US President-Elect Joe Biden's cabinet. Ramamurti is currently the Managing...