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US chipmaker Micron broke ground for its $2.75-billion (?22,854 crore) chip packaging plant at Sanand in Gujarat on Saturday, marking a significant milestone in India’s goal to emerge as a hub for global semiconductor manufacturing.
The United States is engaging in a fine balancing act as it seeks to maintain its alliance with Canada on the one hand and expand strategic partnership with India on the other, said political observers as the secretary of state Antony Blinken said the US expected India to cooperate with Canada in the investigation into the killing of separatist Sikh leader Hardeep Singh Nijjar in British Columbia in June.
Multilateral Development Banks (MDBs) need discontinuous change rather than merely continuous evolution for their transformation, former US Treasury Secretary Larry Summers tells Deepshikha Sikarwar in an interview. Summers co-chairs the Independent Expert Group on strengthening MDB reforms, set up by the G20 under India’s presidency.
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