By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi approved $15 billion worth of infrastructure projects in the last week as he bolsters support days before the schedule for national elections is to be announced, but the opposition Congress party was unimpressed. Between Monday and Wednesday, Modi visited the …
India’s Modi pledges $15 billion spending splurge as elections near Read More »
By Sakshi Dayal and Krishn Kaushik NEW DELHI (Reuters) -India said it had uncovered a “major human trafficking network” which lured young men to Russia with the promise of jobs only to force them to fight in the war in Ukraine. About 35 men have been sent to Russia in the scheme so far, the …
By Shivangi Acharya NEW DELHI (Reuters) – From transporting voting machines on camelback to remote corners of its vast western desert to bolstering control rooms for monitoring malicious deepfakes, India is preparing to run the world’s largest election due by May. More than 960 million Indians are registered to vote at over one million polling …
From camels to control rooms: India prepares for its mammoth election exercise Read More »
By Sakshi Dayal NEW DELHI (Reuters) – When Mohammed Asfan from India’s Hyderabad city travelled to Russia to work as a “helper” in the army, his family never imagined he would end up fighting in the Ukraine war, much less die there. Asfan is among several Indian men who, their relatives say, were lured to …
Indians killed in Ukraine were forced to fight for Russia, families say Read More »
BENGALURU (Reuters) – India on Thursday approved a 103 billion rupee ($1.25 billion) investment in artificial intelligence projects, including to develop computing infrastructure and for the development of large language models, the government said. The money will also be used for funding AI startups, as well as developing AI applications for the public sector, the …
India announces $1.2 billion investment in AI projects Read More »
NEW DELHI (Reuters) -India will extend a subsidy on cooking gas by a year at a cost of 120 billion rupees ($1.45 billion), the country’s commerce minister said on Thursday, weeks before national elections in which Prime Minister Narendra Modi will seek a third term. Modi’s government already hiked the subsidy for low income households …
BENGALURU (Reuters) – Rakesh Gangwal, co-founder of Indian carrier IndiGo, will sell a stake of up to 3.3%, worth 37.3 billion rupees ($451 million), in operator Interglobe Aviation through a block deal, news channel CNBC-TV18 reported on Thursday, citing sources. The floor price for the block deal has been set at 2,925 rupees per share, …
By Jonathan Saul LONDON (Reuters) -India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group’s campaign against the key shipping route. The Iran-aligned militants fired a missile at the Barbados-flagged, Greek-operated True Confidence …
Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks Read More »
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Thursday tightened rules for credit and debit cards used for business accounts. The RBI asked business card-issuers to put in place an effective mechanism to monitor end use of funds. Last month, the RBI had ordered Visa to stop using an unauthorized route to make business-to-business card …
By Sakshi Dayal and Rajendra Jadhav NEW DELHI (Reuters) -Dozens of protesting Indian farmers were detained en route to New Delhi on Wednesday, delaying their plan again to converge on the capital to demand higher crop prices, protest leaders said. Thousands of farmers, mostly from the northern state of Punjab, launched a “Delhi Chalo” (Let’s …
Indian farmers say detentions foil Delhi protest, police say no one held Read More »
