LIVE: India celebrates openness; come, be a partner, Modi tells investors

LIVE updates: The virtual summit has seen a high-level presence from Indian and US government policymakers. Stay tuned for latest news of the day.

11:01 PM

India and US need to think bigger while addressing trade issues: S Jaishankar

10:25 PM

Infosys forms consortium to provide training, help job seekers in US

IT major Infosys on Wednesday said it has formed a consortium with pymetrics, Merit America, Per Scholas, Revature, and Woz Enterprise that will leverage its Wingspan solution to create a free online platform, connecting employees and employers, and provide training for job seekers.

 

The consortium will leverage Infosys Wingspan and pymetrics' AI-based talent-matching platform to meet reskilling and employment needs raised by the Covid-19 crisis in America, a statement said.

10:18 PM

Investment in technology upgradation must for survival of banks: SBI Chairman

9:56 PM

Rise of India means rise in trade opportunities with a nation that you can trust; India, US are natural partners: PM Modi

9:54 PM

US-India friendship scaled many heights in past: PM Modi

US-India friendship scaled many heights in past; time ripe for partnership to play role in helping world bounce back after pandemic: PM

9:26 PM

FDI inflows in India in 2019-20 were $74 billion: Modi

FDI inflows in India in 2019-20 were $74 billion. This is an increase of 20 per cent from the year before that. India attracted over $20 billion foreign investment between April and July: PM Modi

9:25 PM

Opportunities in technology also include opportunities in the frontier technologies of 5G, Big data analytics, Quantum computing, Block-chain and Internet of things: PM Modi

9:20 PM

You can see the optimism when India rises in key business ratings: Modi

When the markets are open, when the opportunity is high and the options are many, can optimism be far behind! You can see the optimism when India rises in key business ratings. Particularly the Ease of Doing Business ratings of the World Bank: PM Modi

9:17 PM

India, US are two vibrant democracies with shared values: Modi

9:16 PM

In the middle of Covid, India has attracted Foreign investment of $20 billion between April and July: PM Modi

9:15 PM

India invites you to invest in energy as India evolves into gas-based economy: Modi

India invites you to invest in energy as India evolves into gas-based economy. There will be big investment opportunities for US companies. There're also opportunities in clean energy. To generate more power for your investment, this is best time to enter Indian power sector: PM

9:14 PM

The Indian insurance sector is best field for investment right now: Modi

9:13 PM

With the success of Aayushman Bharat, Fasal Bima Yojana, the govt has laid the ground for quick adoption and acceptance of Insurance products: PM Modi

9:12 PM

We are raising the FDI cap in defence sector over 74%, we offer special incentives to private and foreign investors: PM Modi

9:11 PM

During the last six years, we have made many efforts to make our economy more open: PM Modi

During the last six years, we have made many efforts to make our economy more open and reform oriented. Reforms have ensured increased ‘Competitiveness’, enhanced ‘Transparency’, expanded ‘Digitization’, greater ‘Innovation’ and more ‘Policy stability’.