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Wednesday , June 20 2018

Tag Archives: Modi

Fraud-hit lender posts largest ever Indian bank loss

Mumbai, May 16, 2018 (AFP) – Shares in fraud-hit Punjab National Bank plunged more than 12 percent on Wednesday after it posted the largest ever quarterly loss for an Indian lender. PNB, the country’s second-biggest state-run bank, has been reeling since announcing in February that it had been the victim …

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No jobs, no vote: Indian town warns Modi ahead of 2019 polls

He had promised jobs, and I was sure I would get something. I won’t vote for him again KASBA BONLI, India, April 6 (Reuters) – Rakesh Kumar has a post-graduate degree but works as a house painter in the small town of Kasba Bonli in northwestern India. The 31-year-old, the …

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India arrests 6 suspects in $1.8 billion bank fraud case

NEW DELHI (AP) — India’s federal investigating agency says it has arrested six people in an alleged $1.8 billion bank fraud case. Abhished Dayal, a Central Bureau of Investigation spokesman, said Tuesday that five bank workers and an employee of billionaire jeweler and suspect Nirav Modi were arrested for allegedly …

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Israel, India sign series of agreements

Opposition Labour chief loses re-election bid JERUSALEM, July 5, (AFP): Prime Minister Narendra Modi held talks with Benjamin Netanyahu Wednesday on the first ever visit by an Indian premier to Israel as they sought to deepen ties beyond high-priced defence deals. The two leaders sign a series of agreements between …

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Modi begins 1st ever Israel ‘visit’ – Indian Jews ‘excited’

TEL AVIV, Israel, July 4, (Agencies): India’s prime minister, Narendra Modi, has landed in Israel for a high-profile visit aimed at celebrating 25 years of diplomatic relations and strengthening his country’s already warm ties with the Jewish state. Prime Minister Benjamin Netanyahu greeted Modi at Israel’s international airport on Tuesday …

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Trump and Modi hail friendship – Combating terrorism, defence ties tackled

WASHINGTON, June 27, (Agencies): US President Donald Trump and Indian Prime Minister Narendra Modi embraced each other as friends and partners Monday, pledging their quest for economic growth would strengthen rather than undermine ties between the world’s two largest democracies. While Trump’s relations with some traditional allies had a rocky …

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India’s Modi discusses trade, ties with Turkey’s Erdogan

Indian Prime Minister Narendra Modi said Monday that India and Turkey should strengthen their already warm business and political ties, as he welcomed Turkish President Recep Tayyip Erdogan to New Delhi. Erdogan arrived late Sunday evening. He was accompanied by several Cabinet ministers and a 150-member business delegation, according to …

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Indian PM Modi expected to visit Kuwait soon: envoy

KUWAIT CITY, March 30: The Indian ambassador to Kuwait said the Prime Minister of India, Narendra Modi is ‘soon’ expected to visit Kuwait upon invitation of his Kuwaiti counterpart HH Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah. Also expected to visit India, at his convenience, is HH Sheikh Nasser Al-Sabah, at the …

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Rahul Gandhi accuses India’s PM Modi of being paid bribes

NEW DELHI (AP) — Leading opposition figure Rahul Gandhi demanded an investigation into allegations that two Indian conglomerates paid millions of rupees as bribes to Prime Minister Narendra Modi in 2013-14 when he was governing a western state. Gandhi, the Congress Party vice president and scion of India’s Nehru-Gandhi family, …

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Qatar ‘reassures’ India after Modi raises abuse of workers – ‘Labour reforms will improve conditions of Indian migrants’

NEW DELHI, June 6, (RTRS): Qatar has reassured India that labour reforms will improve the conditions of more than half a million Indian migrants, after Prime Minister Narendra Modi raised concerns of abuses during a weekend visit to the Gulf state, a statement said on Monday. Qatar is home to …

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