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Friday , November 16 2018

Tag Archives: Modi

India will not scrap jet deal with France – Opposition seeks inquiry on over-payment and transparency

NEW DELHI, Sept 24, (RTRS): India has vowed to stand firm on a multi-billion dollar deal to buy warplanes from France’s Dassault Aviation, as the opposition Congress party called on Monday for an inquiry into allegations of wrongdoing. Former French president Francois Hollande, who approved the deal when he was …

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Modi under fire over French defence deal

NEW DELHI, Sept 23, (AFP): India’s Narendra Modi was under fire after French ex-president Francois Hollande added fresh fuel to corruption allegations in a bilateral defence deal, with the prime minister branded a traitor by his chief political opponent. French defence firm Dassault picked Reliance Group, run by Indian billionaire …

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India’s PM Modi faces resignation calls over corruption of worth $8.7 billion in military jet deal

Indian Prime Minister Narendra Modi faced calls for his resignation over allegations of corruption in a military jet deal with France after former French president Francois Hollande was quoted as saying New Delhi had influenced the choice of a local partner. Indian political parties have been gunning for Modi over …

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Farmers disrupt Indian capital due to anti-people policies of Prime Minister Narendra Modi

NEW DELHI, Sept 5 : Thousands of farmers and labourers paralysed the Indian capital on Wednesday in a protest against what they called the anti-people policies of Prime Minister Narendra Modi’s government, as opposition parties step up pressure ahead of key elections. A sharp drop in commodity prices and stagnant …

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Indian currency decree did little to root out ‘black money’ – ‘It’s not only an economic failure but a moral failure as well’

  NEW DELHI, Aug 30, (AP): Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India’s reserve bank has announced, indicating the move did little to slow the underground economy. Prime Minister Narendra …

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‘Coached’ interview puts Indian PM Narendra Modi under fire

New Delhi, Aug 3, 2018 (AFP) -India’s government was under fresh fire on Friday over its relationship with the media after it emerged a farmer was coached to lie in a televised chat with Prime Minister Narendra Modi. Journalists in India say they have faced increasing threats and intimidation aimed …

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Suicides of poor wipe the shine off India’s gem trade – Death by diamonds

SURAT, July 10, (RTRS): After polishing diamonds destined for luxury stores from New York to Hong Kong for nearly 10 hours in a cramped workshop in western India, Vikram Raujibhai went home, waited for his family to leave, and locked the front door. Raujibhai doused himself in kerosene and lit …

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Interpol seeks arrest of ‘Indian billionaire’

NEW DELHI, July 2, (Agencies): Interpol has issued a red notice request to find and arrest fugitive Indian billionaire jeweller Nirav Modi, who is at the heart of a $2 billion-plus bank fraud case, the international agency said on its website. Federal police last month asked Interpol to issue a …

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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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