u.s.-india relationship. the defining partnership of the 21st century, a term that has byn used i successive -- successive presidents of the usa in the last couple decades. india is often in the wall street journal. we'll all know that while values are a conceptual framework, the end of the day, relationships between nations also have to be measured, and they are often measured in terms of how well they do in commercial partnership and in trade and industry, which is why we have brought this panel to you today. the united states is india's second largest bilateral trading partner in goods and india is united states ninth largest bilateral trading goods. bilateral trade stands at an estimated $114 billion. around 100 million companies operate in the united states and have created close to 100,000 jobs here. they have invested more than $15 billion and u.s. companies have invested $28 billion in india just in the last three years. just to give you a measure of how things are moving, the u.s.-india defense trade

u.s.-india bilateral trade has an estimated $11,420,000,000,000, less than one fifth of the u.s.-china $640 billion bilateral trade relationship. india is america's ninth largest supplier of foreign goods and 18th largest export market. the worlds first in the world's six largest economies respectively, we are hesitant to believe there is significant room for growth. the u.s.-india relationship is an important one here at hudson institute. our south asia program, which is directed by former ambassador hussein had connie -- hussein haqani in the u.s.-india japan trilateral relationship for some time now. i was very fortunate to be honored to be included in a briefing with prime minister modi during his last visit to washington. we are honored today to have the cochairman of the congressional caucus, representative george holding of north carolina here with us to offer keynote remarks and i will introduce him momentarily. we also have an excellent panel moderated by ambassador haqqani who will be joined by kumar, the president of boeing india, danny o'brien, the leader transportati

u.s.-india partnership that is worthy of india's 1.6 billion citizens. i want to wish the 41st president, george her besht walker bush, a happy 93rd birthday. i hope he has a happy celebration. with that i will take questions. reporter: thank you. on your india announcement, the president gave a speech to the [inaudible] in new jersey. if elected it will be the best [inaudible] what does the president want to implement his promise? mr. spicer: we know that the president and the prime minister had a number of positive phone conversations and expect to further the discussion when they meet in person on june 26. as i mentioned just a moment ago, whether it's economic growth and reform, fighting terrorism, expanding our cooperation, as major defense partners, u.s.-india trade has grown six-fold since 2000 from $19 billion to $115 billion in 2016, and the indian economy is growing at over 7%. u.s. energy and technologies including natural gas are helping to build prime minister modi's new vision for india and creating thousands of jobs in the process. you can

u.s./india relations.ons are committed to a bilateral architecture, but we take our strategic partnership to new heights. , increaseuntries jobuctivity, growth, creation, and breakthrough technologies. theseagement in all of are and will remain strong drivers of our cooperation. we consider usa as our primary partner for india's economic transformation in all of our flagship programs and schemes. i'm sure that convergence between my vision for a new india and president trump's vision for making america great again will add a new dimension to our cooperation. clear about the fact lie in aa's interests strong, prosperous, and successful america great in the same way, india's development and its growing role at the international level are in the usa's interests. one of our common priorities will be the development of investment links. , technology,d innovation, and knowledge economy sectors, the expansion and deepening of cooperation is also among our priorities. further take steps to transform our successful

u.s.-india partnership in a way to expand both country. >> sean, two questions on trade. you talked about the beef arrangement s that beginning today? can you flesh out a little bit more what -- i understood there would be announcement from usda are we waiting for that before it's a fact or where are we in the process? >> u.s. department of agriculture will have much more details on the process moving forward but the announcement is coming from them today. >> the lead is today? >> no the announcement is coming today. >> question on steel and aluminum what the administration is doing. >> yeah. >> the president said, quoted in one of the pool reports that there is legislation being drafted on anti-dumping. the 232 process to goes to congress anyway of the was he referring to additional legislation or the 232 review you initiated as reported by secretary ross? >> secretary ross should have further update on the 232 review later this week. when that comes out certain recommendations will be made to congress to address anti-dumping provisions in the steel and aluminum and othe

india? excited.ery >> will you be leading the delegation? conversation] announcer: more now about trade relations between the u.s. d india following prime minister house.visit to the white officials from the indian business units of boeing and general electric talk about the importance of the relationship. we will also hear from north carolina congressman at this event hosted by the hudson institute. >> good morning to you and welcome to hudson institute. i am the president and ceo and am delighted to welcome everyone here this morning. today as i think everyone in this room gnomes, we kicked off an incredible week for india-u.s. relationship. the first meeting with the

u.s.-india trade has grown twofold since 2006. the india economy is growing at over 70%. technologies, including natural gas, are helping to build prime minister vodi's vision and creating thousands of jobs in the process. i think you can expect the two of them to set forth a vision that will expand the u.s.-india partnership in a worthy and ambitious way for both countries' people. >>> two questions on trade. number one, you talked about the beef arrangement. beginning today, can you flush out a little bit more about what -- i understood there would be an announcement from us of a. >> the announcement is coming from the u.s. department of agriculture, and i think it's coming today. >> the next question is on steal and aluminum. the president said, and it was quoted in one of the reports, saying there is legislation being drafted on anti-dumping. the 232 process goes to congress, anyway. was he referring to additional legislation or the 232 review you had already initiated in support of secretary ross? >> secretary ross should have more on the 232 review later this week,

u.s./india business council.s what president trump said about india's economy yesterday in the rose garden >> india has the fastest growing economy in the world we hope to be catcng y shiouoon in terms of potential increase i have to tell you that. we're working on it. . >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. >>> good morning welcome back look at the u.s. equity futures. things are barely budging. yesterday we saw significant moves to the upside. those all waned by the end of the trading session this morning dow indicated up by 1.5. the s&p 500 looks like it would open down by a point crude oil prices have come back up but still trading under $44 a barrel >>> news breaking in the past hour, eu antitrust regulators fining alphabet 2$2.7 billion google has been accused of promoting its open shopping service over those of smaller rivals the prove quous recoevious rec 2 $1.2 billion google is considering an appeal. >>> stocks to watch today. paulson and company

we're seeing it in the u.s., india, uk and other countries. >> reporter: among today's targets, pharmaceutical maker merck, the and mare sk and the nuclear plants which to manual monitoring. >> in is a highly profitable business. we have to remember that organized cyber crime totals up to almost $445 billion on an annual basis. >> u.s. government security experts say this attack called petya was released by hackers. exploiting vulnerabilities in the windows operating system, and holding it all for ransom usually paid in bitcoins. >> they don't have to worry about what data you have. they only have to care about the fact that you care about your data. >> and you'll pay up. >> you care about your data, it's valuable to you, and therefore, the attack applies to nearly anyone globally. >> reporter: what can all of us do to protect ourselves? use long complicated passwords, mixing letters, numbers and symbols. keep your operating systems and anti-virus software up to date. don't click on suspicious e-mails or web links. experts say even if victims pay a ransom, they may not regain access to their d

u.s. and india. your going to see the u.s.making headlines grabbing announcements that could irritate the chinese. i think where you will see a clear win and the scope for tremendous gains going forward is commercial contracts in the defense sector, one of the key backdrops to the summit is the news that lockheed martin and the tartaric group are moving f-16rd with plans to build fighter jets in india. the shows the scale for win-win relationships between the two countries moving forward. mr. modi will be in that moving mr. trumpnd i think will be supporting u.s. jobs, the technology of design. he will be safeguarded and kept in the u.s. it will be a key focus at the summit. right, thank you very much for joining us on daybreak australia. you can get around it of the stories you need to know to get your day going in daybreak asia. bloomberg subscribers can go to day be go. this is also on mobile in the anywhere. you can get news on industries you care about. this is bloomberg. ♪ ♪ paul: that is almost it for daybreak australia

u.s. ceos. tim cook, google ceo as well. he is helping donald trump will hear this as well. >> india exports many more goods to the u.s., rather than the other way around. how can donald trump make america great again in the face of modi's make in india campaign. >> you have the make america great again and the make in india campaign. those two could be at odds with each other. but both sides are trying to show shared interests. they're trying to stress that and draw attention away from the big differences and focus more on allowing these two leaders who get to know each other right now. i think that is the direction we are heading in. perhaps the other issues will be put on the backburner for now. >> we know the u.s. president has been cozying up to beijing much more than we saw with barack obama. that can't be sitting too well with india. >> china is one of these interesting ones where there is potential for friction there. it is an example of the applicability of donald trump. he was very hard on china during his campaign and now he has softened his tone. that has raised some alarms here in delhi. i think india is assuaged

apple just opened a manufacturing plant in india, so big u.s. are looking to india as an increasingly promising market. it used to be everything was china, but now it is clear that india is gaining that critical mass as well as a big consumer market, smartphone technology companies are looking at india, and defense companies as well, and on this particular trip, there might be something in that realm as well. >> i'm curious about this whole h-1b visa situation, that being a thorn in the side of this relationship that seems to be going swimmingly well between the two. know the reforms being put in place on the h-1b visa. we don't know what the in will be, but how much of a hit is that towards the elite tech executives and folks in india? >> certainly a bit of a headache in the short-term. you have a lot of indian i.t. workers in the u.s. with restricted visa access, they will have to shift some staffing back to india, but why and large, indian i.t. companies are very flexible, and nowadays physical location is not all that important anymore, so w

some of the biggest exports to india from the u.s. include precious metals on the order of $7 billion, machinery $2 billion as well as agricultural on the range of about $1.3 billion. during today's meeting, mr. trump highlighted his present -- his approval that india did sign a recent -- for about 100 american-made planes. he also pushed mr. multi--- he also pushed into by u.s. natural gas. he said he wanted to get the price up for cash before signing up for that. 22 guardian drones from the general worth two-$3 billion, and f-16 joint production. not in the u.s., but in india. >> the president trump -- travel ban which targets six muslim majority countries can move ahead, but only partially. it raises more questions in some cases than it actually answers. , and bonait all mean fide -- american entity? >> a lot of people across the country are asking the same thing. this all boils down to the question of how close a potential immigrant or refugee is to the united states. what is closest in terms of their relationship? is noto into who

i think it's expected to them to set forth a vision that will expand the u.s. indiapartnership in an ambitious and worthy way of both countries. >> to questions entrÉe. number when you talked about the big arrangement there is a beginning today? can you flesh out a little more about what was pledge? i understand there is an announcement. >> the u.s. department of agriculture will have much more detail on the process going forward i can knows what from them today. [inaudible] >> i think it announcement is coming today. >> the other question is on steel and aluminum. the president said and was called in one of the -- there is legislation be drafted on antidumping. the 232 process goes to cogs anyway. was he referring to additional legislation or tha the 232 revid yet initiated and reported by secretary devos? >> secretary devos should have an update on the review. the 232 review later this week. when that comes out there's recommendations that we ma madeo congress to address antidumping provisions in the steel and aluminum and other markets. when that comes out i think

joining us now with more on that important meeting today and what's next for u.s. india, sasha riser- let me just start with where we picked up on trade. how do you expect the prime minister to respond to what they may say about the trade deficit? sasha: thank you for having me on. on the issue of the trade i think that there is very little that india can do to reduce the bilateral trade deficit, given that a lot of those results in the u.s. purchases of indian services. so that could be one area. we know that president trump is not shy of saying what he thinks in terms of these relationships. i'm reminded of them nato summit where he wasn't shy of saying what he thought about the relationship. what about visas? will be beginning any progress there? trump has said he wants to replace that and is not something the prime minister wants to hear. sasha: certainly not. i doubt that we will see much progress on that issue. in part become -- because trump is hamstrung by his campaign promises. the number of pieces of pending legislation proposed by many that wouldmembers restri

u.s./india trade relations. that gets underway at 11:45 a.m. eastern. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies and is brought to you today by your cable or satellite provider. >> host: and this week on "the communicators" we want to introduce you to bob quinn, senior executive vice president for external and legislative affairs for the at&t corporation. mr. quinn, that's a lot of title. what does it entail? [laughter] >> guest: well, at at&t that would entail i run the regulatory shop for both the state and federal operations. you know, we do business in 50 states, so we have interactionings with state -- interactions with state commissions across the country where we have wireline operations, those interactions are pretty significant i also run the public policy organization, and i run both the tate and the federal legislative -- the state and the federal legislative efforts that we have in the united states. we also have international interests, as you are

india? >> this is not surprising. the u.s. and india have had conversations and relationships around arms deals almost a decade. india is also talking with other countries, as you mentioned. of both of these countries have committed grave human rights violations in the places that they have gone to war or occupied. in the case of india, we have kashmir, a place were indian armies, around 600,000 troops, placed ther the escalation of human rights violationse. for the kashmiri people against the activists and human rights activists have been going up. move.s a worrisome i also think given the ongoing conflicts between pakistan and india, afghanistan being right there and trump talking about increasing intervention in afghanistan, i think what the u.s. is probably thinking as they need an ally in the region post up india is one of those allies that they probably need. amy: now prime minister modi has come out in support of the climate accord, becoming a spokesperson around the world around that. of course, donald trump pulling out

u.s./india economic relationship. india is a big buyer of u.s. this week lockheed martin announced its relocating the manufacturing plant for f-16 fighter jets to india. some ceos will meet with modi this weekend he will engage with ceos like tim cook of apple, nadella of microsoft india's growth story continues to get stronger and inflation is helping to reaffirm interest in indian stocks. the bombay sensex up 17% this year >> what is modi's position like in india how does his position stand at the moment this year he's been able to regain a lot of key states support. he has a majority in the lower house. that's helped him pass key reforms around demonetization and trying to simplify the tax code so far this year he's been doing very well. that's the big focus, how to make sure he stays in power coming up in the 2019 election >> we should point out, because donald trump clearly now celebrated as the politician who grasped twitter sooner than anyone else, but modi was the big social media user before that >> trump is the most followed leader on t

largely, amazon has been u.s., india. i think the difference between a markets is that the u.s.a much more developed a traditional market. china is less developed traditional retail and gone online faster driven by mobile technology. we like both companies fundamentally. we prefer alibaba right now on an evaluation basis. both can do well in their respective areas. emily: the amazon ecco is another interesting piece of the puzzle. talk to us about what that looks like. they have been introducing hardware to accelerate the going -- the buying process to make it easier for people to buy impulse purchases from their home. you can scan a barcode or say something into it, it is those buttons where you can press a button to reorder your tied -- tide automatically. it will take some time to tie in the systems together. you can imagine amazon dash buttons for whole foods categories. you can imagine an echo where somebody is asking for a certain food item or even a meal. one of those prepackaged sushi mills that whole foods has, or a burrito. amazon has gone and made a big bet. >> amazon

u.s. and india. we already discussed $42 billion in long-term contracts.ght there standing right there talking to his mother-in-law, the first lady. so ellen g from louisiana and maryland could be going liquid natural gas headed toward india. we already have the energy secretary rick perry has prioritized efforts to review and approve lng, new lng export terminal here in the united states. that means more jobs could be coming. it has been a successful day for the president. he has gotten that march 6th executive order and basically, the supreme court listed the temporary stay on that executive order that's put in by lower appeals court. it was a full unanimous decision from the supreme court. we had liberal justices saying, yes, the president is within his constitutional rights to do the executive order. again, that is a live shot of the first lady in the rose garden. we are awaiting president donald trump to come out with prime minister modi. we have steve mnuchin, gary cohn standing there, rex tillerson, secretary of state is there as well, ivanka trump

u.s. trade deficit with india women hich has been a con for trump. the u.s. e deficit with india ranks india at the tenth level at around $30 billion. it's a significant amount but pales in comparison to the likes of china and germany defense, energy and trade, those are the three topics we do expect the two leaders to talk about. after their joint statement, they will then go on to a cocktail reception, a dinner which as we've been saying that will be -- modi will be the first foreign state, head of state, to have dinner, a working dinner with the president at the white house. once we get the statement, of course, we'll get it to you, melissa, back to you. >> seema, thank you, semma mody at the white house tim, we got to go to you, the ambassador. >> prime minister modi was elected in 20 14, rallied for a year since that times it's done nothing. the honeymoon period of high expectations this is a country we should be doing a lot of business with, they should be our friend. if you think about the technology kind of benefits and certainly the strengths of this

u.s. believes so, but not just to india but nuclear. b so the u.s.try touy off pakistan -- to try to buy off pakistan. there is a national security component to this meeting, and that may actually produce more understanding of the two sides than anything commercial. scarlet: a source of friction is climate change. the u.s. insulted india when it pulled out of the paris accord. has that haverump appeared the administration accused the indians of saying only because they would get cash out of it, and that caused a big backlash in india. india, as it develops, has a climate problem, a pollution problem, and they are interested in addressing that. they thought the president was not taking their views into account. they are staying in it. that will be interesting. julia: billions and billions of dollars of foreign aid. the net effect is billions out the door to original partners. mike: every country had to produce a plan for the climate change proposal. what india had proposed was that they would get foreign aid to help develop technologies that the compa

in our conversation today, president trump and i have discussed all dimensions of india/u.s. relations at length. both are committed to an architecture that will take a strategic partnership to new heights. in this relationship, in both countries, increased productivity, growth, job creation and engagement with all of these are and will remain strong drivers of our cooperation and will give further momentum to our relationship. we consider usa as our primary partner for india's schemes. i am sure that the convergence between my vision for a new india and president trump's vision for making america great again will add new dimensions to our cooperation. i am very clear about the fact that india's interests lie in a strong and prosperous and successful america. in the same way, india's development and its growing role at the international level are in the u.s.' interests. and the development of trade, commerce and investment links. and in this regard, in the technology, innovation and economy sectors, the expansion and deepening of cooperation is also among our priorities. towa

india $2 billion worth of unarmed drones. the aircraft would be used to help with surveillance in the indian ocean. the u.s. and india are the world's two largest democracies. >>> after barely acknowledging russian interference in the presidential election, president trump is now criticizing former president obama for not doing more to stop it. "the washington post" reported the obama administration knew about the meddling last august, but did not publicly admit it until october 7. in an interview with fox news, president trump asks, if mr. obama had the information, why didn't he do something about it? in december, the white house did shut down two russian government compounds. members of the obama administration said they failed to act sooner because it did not want to be seen as behalf of hillary clinton. >>> the university of delaware is cutting ties with the professor who criticized otto warmbier. katherine detwiler says the student who died was quote a clueless white male who got exactly what he deserve. the university sought to distance itself from the professor. the school says it found the comments

u.s.-india relations. we'll bring you those comments live.e're back in 60 seconds with more. our grandson. (woman 2 vo) that's when moderate alzheimer's made me a caregiver. (avo) if their alzheimer's is getting worse, ask about once-a-day namzaric. namzaric is approved for moderate to severe alzheimer's disease in patients taking donepezil. namzaric may improve cognition and overall function, and may slow the worsening of symptoms for a while. namzaric does not change the underlying disease progression. don't take if allergic to memantine, donepezil, piperidine, or any of the ingredients in namzaric. tell the doctor about any conditions; including heart, lung, bladder, kidney or liver problems, seizures, stomach ulcers, or procedures with anesthesia. serious side effects may occur, including muscle problems if given anesthesia; slow heartbeat, fainting, more stomach acid which may lead to ulcers and bleeding; nausea, vomiting, difficulty urinating, seizures, and worsening of lung problems. most common side effects are headache, diarrhea, diz

u.s.-india relationship better than ever.d say the united states will destroy radical islamic terrorism, very strong words from the president once again on that, and he also had a strong warning for the north korean regime. he says it will be dealt with, probably dealt with rapidly. this was an opportunity for the president also to discuss some of the other big stories of the day, the supreme court temporary decision on the travel ban, other related issues. this is the only time we're really hearing from him today. he decided he didn't want to do that and he's not going to be taking any questions, we're told, from reporters. >> which is a little odd because typically they would take two questions and two questions in for mats like this. a message discipline from the president. i'm not saying it's predictive of anything in the future, but he wanted to hit on a few things, largely policy related, and he did so. i think while the travel ban is not a total and complete vic toerl. his tendency is not just to spike the football but

and the prime minister of india will arrive at the white house during this hour. former u.s. ambassador to india joins us exclusively on whether the two pro business leaders can iron out their differences to make a additional trade deal. we're less than an hour to the closing bell. let's start the countdown. ♪ ♪ . liz: i mean, one minute you're up 111 points and now the dow up 35. what's going on? well, wall street traders are turning up the heat during this last week of june. right now, all three major averages are on track to end the month with steamy gains. the dow, particularly looking good at a june jump of nearly 2%, s&p better by 1.2%. and if we were to end today, up one full percentage point. it's flirting with the unchanged line all day long, you can see that it is down 15 points. can't quite get there right now. it fell after the open. even though facebook is actually hitting an all time intraday high. but we'll be talking about that in a second. listen, after rallying 2.2% last week, the entire sector taking a breather with the bellwether names you all know and may

india's prime minister, modi. he represents one of fastest growing economies in the world and a market u.s. companies are eager to join. india's nervous about trump's plans to review the h1b programs. workers get 70% of h1bs each year. india wants to join china, leading the world it a more sustainable future, after the u.s. pulled out of the paris climate deal. >>> it may have looked like a black tie cabinet meeting, huh-uh, but this was pairing the president and first lady, the vice president and others, it was the wedding of treasury secretary steve mnuchin. the two exchanged i dos saturday. they have conflicts of interest. mnuchristian opposed for -- mnuchin inapologized for being involved in a film. >>> next, a crucial day for the supreme court. we'll hear whether the court is taking up president trump's travel ban case and whether justice anthony kennedy is retiring. >>> and terrifying moments for hundreds of passengers on an international flight. shaking violently for nearly two hours. the cause still a mystery. we'll show you more of this video coming up. ♪ if you have moderate to sev

u.s./india trade relations. that gets underway at 11:45 a.m. eastern. >> c-span, where history unfolds daily.

u.s./india trade has grown from $19 billion to $115 billion in 2016 and the indian economy is growing at over 7%. u.s. energy and technology, including natural gas, are helping build prime minister modi's vision for a new india. i think you can expect the two of them to set forth a vision that will expand the partnership with a way of both countries. >> thank you. you talked about the beef arrangement. is that beginning today? can you flush out a little bit more about it? i understood there was going to be an announcement from the usda. where are we in the process? >> the u.s. department of agriculture will have many more details on the pro-sphoefrbsing forward, but the announcement is coming from them today. i think the announcement is coming today. >> the president said and you quoted we'll have the full report saying there's legislation being drafted on anti-dumping. the 232 process goes to congress anyway. was he referring to additional legislation or the 232 review that you already initiated as reported by secretary ross? >> secretary ross should have a further update on the 232 rev

u.s. and india relations are concerned. so what are you expecting really between the two leaders. >> well, first, i want to wish the people of india happy 70th anniversary on their independence. during the meeting, the president and the prime minister will discuss ongoing cooperation to including counterterrorism, defense partnership and the indo pacific region, global cooperation, burden sharing, trade, law enforcement and energy. i think it's going to be a very robust discussion. >> and second question, please. thank you. on wednesday, june 21, international day of yoga, which was declared by the united nations three years ago with the -- under the leadership and initiative by prime minister modi. any chance you think president trump will issue or what he had any message as far as yoga is concerned because yoga means less visits to the doctor and hospitals. >> i will -- i don't have anything on yoga at this point. but i appreciate the -- >> it's off camera. >> show us a stance. >> two questions, one on north korea, one on

. >> in our conversations today, president trump and i have discussed all dimensions of india/u.s.at length. we are committed to a bilateral architecture that will take our strategic partnership to new heights. paul: theresa may is being accused of jeopardizing peace in northern ireland by reaching a deal with a party to shore up her minority government. the government -- democratic unionists party agreed to support theresa may's party. it includes one billion new funds for the region. the prime minister also gave details on the rights of eu citizens in the u.k. post-brexit. receive thewill same thing as british people. more ambition, clarity, and guarantees are needed. the level of protection found in eu law. they say there offer is fair and serious. morgan stanley's chief global strategist says the backlash on global trade integration is a multi-decade trend. he told bloomberg television the pendulum has swung too far in favor of globalization. the also said the next markets for stocks will be significant. it is the first time all u.s. asset classes are simultaneously expensive.

u.s. and india. india a is still waiting when the u.s. and will move at concern. t trz. >> let me address the global issue of the united states and india and the relationship between the trump administration and the modi administration. i happen to think there was a picture yesterday that i happen to see that i thought was very reflective and the it was of these two individuals embracing each other. i think that was a clear message around the world. that the united states and india are going to be substantially closer. energy going to play a very, very important role in that. last night at dinner, we talked about the three areas of which there will be great back and forth, cooperation. deal making if you will. one of those is in lng. the other side of that is in clean coal. thirdly is on the nuclear side. there is great opportunity for independeia and the united stat become b even stronger allies, stronger partners. energy being the glue that will hold that partnership together for a long, long time. our gentlemen here is the only one who had an honest assessment.

u.s. companies making inroads. the challenges are that india has to create local employment, and that's why they are asking 30% outsourcing which normally the country acquire. believe it's a win-win situation for u.s. companies and india market as well. >> rich, so sectors, which industries will benefit protest -- a -- and i'm vig international investors. >> i always recommend that the governments look for the sectors that the modi government have highlighted. they have liberallies oil and gas section and they are looking at the broke massive power grid. if you're a company that sells power equipment or related services, you've got a great opportunity out there. you've got to find the right people, the right states, the right buyers, but there's a market to be made. >> and quick will have before we go the -- confiscating a big part of the nation's cash has been a big boon for the administration. how much of an impact has that this on the quiz and the economy? it had 8% and food inflation was almost 18% and all of that has come down to 2% so the

percentage of coal use worldwide india was using more coal that it was the year before and it continues to do so so any way you spin it that means that the major economies yes the u.s. is one of the three but think about the populations of india and of china one point four billion over a beer in china over one billion in india compared to the how many people there are in the u.s. so you see the amount of coal actually being used is that it's a cheap type of fuel and it's a fuel that they're taking advantage of now and as i was for policy shifts in the states that's just a minuscule part of the equation even if donald trump likes to make it sound like a big policy shift well let's talk about environmental obligations not very popular with this presidential administration the u.s. calls on the rise obviously emissions reduction targets are very threatened do you think the u.s. china and india well actually be able to fulfill their existing obligation if the trend goes on well we know about the existing obligations when it comes to the states would present troubles or somebody said he was a pull out of the paris accord which means that if that does happen there is rea

. >>> president trump is set to host the prime minister of india and the white house with both sides hoping to boost the u.s. and india relations despite the differences over trade, immigration and human rights. >> from 2002-2014 u.s. would not allow him to come to the u.s. due to the human rights violations. >>> the president trump and prime minister of india will have talks that will not take questions from the media. >>> there could be a decision today on the $16 billion project for california, and what governor jerry brown is proposing and how the environment could be affected. >>> trouble when the woman reached for the emergency exit and we we will tell you what happened before the airplane made the emergency landing. >>> the cool air is back in a big way, low clouds but mainly cooler temperatures. clearly coming. wear celebrate the summer of heroes, only at disneyland resort. hero up! >>> welcome back to mornings on 2, it is 6:11 am. >>> the melting snowpack in the sierra being blamed for flooding in central valley with 90 homes being evacuated. there was a 15 foot break in the levy and the homes at t