Welcome to the May 2023 edition of our newsletter, bringing you important policy and high-impact news.
We hope you find it useful.
A Forum for Indian Businesses in North East USA
(Covering: Connecticut, Maine, Massachusetts, New Hampshire,
New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont)
'Honored to accept': PM Modi says 'looking forward' to address the US Congress for the 2nd time
Prime Minister Narendra Modi addresses the US Congress on June 22nd, which will be his second time speaking to the legislative body. Modi expressed his honor at being invited to speak again and discussed the importance of the US-India relationship.
Have Megafirms Like Nvidia Grown Too Big? Investors Believe They Are Only Getting Started
The market value of chip makerNvidia brieflyhit $1 trillion for the first time on Tuesday, giving it a seat among the likes ofApple,Microsoft andAmazon. The dominance of Silicon Valley companies, which flows from the massive economies of scale and network effects to be found in digital technology, appeared to wobble in 2022, but has comeroaring back over the past three months.
The involvement of Exxon in the search for lithium is highlighted as the company places a bet on the booming electric vehicle industry. The article emphasizes Exxon's recognition of the growing demand for lithium, a key component of EV batteries, and its efforts to secure a supply for future growth.
The United States has become a major player in the global oil market, with its crude oil being included in the world's most important benchmark. This is due to the increasing production of shale oil in the US, which has led to a shift in the global oil market.
Artificial Intelligence (AI) can help combat climate change by improving clean energy investment decisions. AI can analyze data and provide insights to investors, making it easier to identify profitable clean energy projects. This can lead to increased investment in renewable energy and a reduction in carbon emissions.
