Some in the Maldives were critical of Prime Minister Narendra Modi’s trip to nearby Indian islands to promote tourism, seeing it as an attempt to draw visitors away from their nation.
Category: Modi, Narendra
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
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India Is Splurging on Planes and Airports. Here’s Why.
While most Indians travel by road or rail, the country is engaged in a major expansion of its aviation industry to serve the needs of its middle class.
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India Wants to Become a Chip Making Superpower
India’s government, seizing on the world’s desire to reduce reliance on China, is offering billions to build an entire semiconductor ecosystem on vast empty plots.
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India’s Moon Landing Offers Blueprint For Other Countries Dreaming Big
Its celebrated lunar landing produced not only a wave of pride at home but also a road map for other countries dreaming big.
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BRICS May Add More Countries to the Group. Here’s What to Know.
Saudi Arabia, Argentina, Indonesia and Egypt are among the potential candidates to expand the five-nation bloc, many of them seeking stronger ties with non-Western powers. Iran is also interested.
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Under Hindu Nationalist Leaders, Sectarian Violence Flares in India
A gunman who killed Muslim train passengers and a Hindu march that turned riotous underscore how the partisan stances of India’s top Hindu leaders have given license to chaotic elements in the country.
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Corporate America Joins Biden in Welcoming Modi to the U.S.
India’s fast-growing economy is drawing American corporate giants, even as the country faces scrutiny over ties to Russia and limits on political freedoms.
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India Funds New Trains Ahead of Safety Improvements, Analysts Say
Train travel in the country has gotten much safer, Friday’s disaster notwithstanding, but the government still puts high-profile projects ahead of basic safety improvements, analysts say.
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India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
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After Nearly Collapsing, Indian Billionaire’s Stock Is Back on the Rise
Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere.
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India Embraces Digital Payments Over Cash, Even for a 10-Cent Chai
The New York Times – Business:India’s homegrown instant payment system has remade commerce and pulled millions into the formal economy.