Tue, Feb 6, 2024 12:25 AM
US, India share strong focus on energy transition, says US official
A Flip by Shubhangi Gupta
Vivek Ramaswamy, nominated to lead the Department of Government Efficiency alongside Elon Musk, has proposed massive cuts to federal government jobs in the US, aiming to reduce bureaucracy and increase innovation. Ramaswamy plans to make the government more efficient and transparent, citing the need to restore self-governance and promote growth.
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Indian IT services are poised for growth, fueled by a favorable US business environment and rising technology spending. Despite past immigration challenges, the sector adapted, and with anticipated tax cuts and increased investments in healthcare and banking, companies like 📌Coforge and 📌HCL Technologies are well-positioned to lead.
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President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S., which is good news for political leaders in Alaska, particularly in the Arctic National Wildlife Refuge, which environmentalists seek to protect and some Alaska Native communities want to open for drilling.
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