Mastercard English news | Mastercard, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges'.USISPF's week-long summit had included US and Indian government officials at the highest levels including Vice President Mike Pence on Monday, August 31st and an address by Prime Minister of India, Narendra Modi on September 3, 2020.The USISPF Board of Directors is represented by 21 US and Indian CEOs whose businesses represent a market capitalization of USD 1.7 trillion, leading influencers of the Indian diaspora, prominent members of the foreign policy fraternity, and senior diplomats from both governments. The Forum's advisors include eminent leaders like General David Petraeus, Indra Nooyi, and former founding Vice-Chairman of Niti Aayog, Prof Arvind Panagariya.Attendees at the meeting included: USISPF Chairman John Chambers; Ajay Banga, CEO, Mastercard; Charles Kaye, CEO, Warburg Pincus; sh Shah, Deputy Managing Director & Group CFO, Mahindra; Shantanu Narayen, Chairman, President & CEO, Adobe; Robert Moritz, Chairman, PwC; Punit Renjen, CEO, Deloitte Global; Jim Umplebey, Chairman & CEO, Caterpillar among other fortune 500 leaders.India continues to be a leading investment destination for US compes, having attracted investments over USD 20 billion in 2020. The discussion focused on ease of doing business in India; digitization & fintech; agriculture (including agricultural infrastructure); private sector participation across all the sectors of the Indian economy; skill development; healthcare; COVID-19 mitigating measures undertaken by the government & possible future course of actions; role of government spending in the infrastructure sector in the coming years; and manufacturing in India (with a special emphasis on the logistics sector in India).The United States and India are key strategic partners in various fields including in the economic and financial sphere. The US-India economic and financial partnership is based on the key pillars of development for both the countries that includes robust capital flows, and economic cooperation on issues of global importance. Given the current situation due to COVID-19 outbreak, the Finance Minister welcomed US compes' investment and partnership with India, especially in the manufacturing and infrastructure sectors."We believe investments from US compes will create new jobs, facilitate financial inclusion, and broad-based economic development for the Indian economy. It is encouraging to hear the Honorable Finance Minister's commitment to provide a red-carpet welcome for long-term US investments in the Indian market," said USISPF President & CEO, Dr Mukesh Aghi, on the occasion.This story is provided by BusinessWire India. will not be responsible in any way for the content of this article. (/BusinessWire India)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

MastercardFOLLOW

Mastercard, Latest News

New Delhi, June 12 Edtech company Byju's is now India's most valuable unicorn startup with a valuation of ... ...

Global payments company Mastercard has donated USD 8.9 million to a New York-based non-profit body, American India Foundation, to ... ...

Mastercard and BOB Financial Solutions Limited (BFSL) have come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR - a Mastercard QR on Card solution. ...

RBL Bank and Mastercard today announced their partnership to launch a mobile-based consumer-friendly payment solution - the Pay by Bank App, a first-of-its-kind payment functionality in India. ...

Airtel Africa has announced the signing of an agreement under which Mastercard will invest 100 million dollars in Airtel Mobile Commerce BV. ...

Panchshil Realty today announced that it has launched Pune's first-ever Small-Office Home-Office development branded as SOHO in Pune's eastern IT corridor near the World Trade Centre and EON Free Zone Pune. SOHO is a RERA registered project (MahaRERA ...

Rapidly digitalising India was ranked highly among "Break Out Economies" in the third edition of the Digital Evolution Scorecard developed by Tufts University's Fletcher School in partnership with Mastercard. ...

The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges ...