By Ashok Sharma and Krutika Pathi | Associated Press NEW DELHI — Millions of Indians began voting on Friday in a six-week election that’s a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country’s leader. People … Read more
The following week, mainland Chinese coastguard troops boarded and searched a Taiwanese cruise ship near Quemoy. Two Taiwanese fishermen were also detained on March 18, one of whom was handed back. The other remains in mainland custody after being found to be a Taiwanese soldier. Given Quemoy’s proximity to the mainland, Taiwan would probably struggle … Read more
Washington: Despite a challenging global scenario, India’s economy has shown robust growth over the past year backed by sustained consumption and investment demand, a top Indian official told members of a World Bank committee here. The GDP growth estimate for the fiscal, which has been revised upwards from 7.3 per cent to 7.6 per cent … Read more
London-based asset manager Ashmore Group PLC is reducing its exposure to Indian equities and has made China the #1 pick in its emerging-markets fund, arguing that India’s stock market is overhyped and overcrowded while China’s is set for a rebound. With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM … Read more
Google CEO Sundar Pichai and Apple CEO Tim Cook listen as India’s prime minister, Narendra Modi, speaks during a meeting with senior officials and CEOs of American and Indian companies, in the White House in Washington, D.C., on June 23, 2023. Brendan Smialowski | AFP | Getty Images The ironclad relationship that India Prime Minister … Read more
A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India’s Prime Minister Narendra Modi on April 15, 2024. Idrees Mohammed | Afp | Getty Images Indians head to the polls on Friday in what will be the world’s largest democratic election, as close to one billion … Read more
Luxury trains in India date back to its colonial era, when opulent carriages transported dignitaries, officials and royalty. More trains were built in the 19th century for the country’s maharajas and other ruling elites and their families. Following India’s independence in 1947, privy purses — or governmental payments to these rulers — ended. Without the … Read more
MG Motor India is driving towards tier III and IV cities of the country with plans to establish 100 new touchpoints by the end of the ongoing fiscal year as part of its strategy to fuel the next phase of growth, a senior company official said on Wednesday. With JSW Group coming in as an … Read more
These are the 2024 top companies in India, according to LinkedIn. Deepak Sethi | E+ | Getty Images LinkedIn has released its eighth annual list of top companies to work for in India, and companies that prioritized its employees’ experience and growth dominated this year’s ranking. From mass layoffs to the adoption of generative AI, … Read more
India’s top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and suggest policy changes if required, two sources familiar with the matter said. Options trading in India has soared in the last five years, fuelled mainly by retail investors. The notional value of index options traded … Read more
