India courts Silicon Valley investors

SAN FRANCISCO (Diya TV) — Speaking at a U.S. India round table, finance Minister Nirmala Sitharaman invited Silicon Valley investors to be part of the country’s growth story while pitching for collaboration with America in financial services and emerging technologies.

India’s trade ties with its long-time ally Russia have deepened since the Ukraine war began. So have complications due to logistical disruptions. Western sanctions on Russia have resulted in a surge in crude oil prices and combined with an existing shortage of vessels, has made shipping more expensive.

India’s Coal Billionaire Guatum Adani is now the 5th richest person in the world, worth more than $122 billion, passing the likes of Warren Buffett and India’s Mukesh Ambani.

Ravi Kapur contributed to this report.