Politics Narendra Modi

  • MUMBAI, Feb 18- Opposition from farmers has prompted India's western state of Maharashtra to move the location for what would be the country's biggest oil refinery, Chief Minister Devendra Fadnavis said. Stare-run oil companies and Saudi Aramco have teamed up to build the $44 billion refinery, which is aimed at giving India steady fuel supplies while meeting...

  • Indian Prime Minister Narendra Modi delivers the keynote address at the IISS Asia Security Summit: The Shangri-La Dialogue, in Singapore on June 1, 2018.

    "There seems to be disruption [possibly due to] cattle run over," Reuters partner ANI said in a tweet citing the railways ministry.

  • BENGALURU, Feb 15- Beleaguered Indian carrier Jet Airways is seeking an $840 million bailout from shareholders and a state-backed fund, Business Television India said https://twitter.com/BTVI/status/1096315791161548800, after earlier approving a deal with its lenders to help plug a billion-dollar funding hole. Jet will receive 15 billion rupees from...

  • February 14, 2019: Indian security forces at the site of the explosion on the Jammu-Srinagar highway.

    Domestic pressure could force Indian Prime Minister Narendra Modi to retaliate to Thursday's deadly attack but experts warn that reprisal could trigger a new cycle of tensions with Pakistan.

  • February 11, 2019: Congress leader Rahul Gandhi (L) at a political rally with his sister Priyanka Gandhi Vadra in Lucknow, the capital of the election bellwether Uttar Pradesh state.

    Priyanka Gandhi Vadra, the younger sister of Rahul Gandhi who leads the opposition Congress party, was recently named general secretary of the faction in a move that could boost Congress' appeal ahead of a national vote.

  • Indian security forces inspect the remains of a vehicle following an attack on a paramilitary Central Reserve Police Force (CRPF) convoy that killed 44 troopers and injured several others near Awantipur town in the Lethpora area of Kashmir about 30km south of Srinagar on February 14, 2019.

    A suicide bomber rammed a car into a bus carrying Indian paramilitary police in Kashmir on Thursday, killing 44 of them in the deadliest attack in decades on security forces in the disputed region, raising tensions with arch foe Pakistan.

  • Feb 12- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.

  • Feb 12- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.

  • NEW DELHI, Feb 11- German drugmaker Bayer AG's Monsanto unit has won proceedings against Indian seed maker Nuziveedu Seeds Ltd in a royalty dispute, lawyers familiar with the matter said. Mahyco Monsanto Biotech, a joint venture between Missouri- based Monsanto and India's Maharashtra Hybrid Seeds Co, "has received a favourable award from the arbitration panel...

  • Feb 11- India kicked off its biennial conference Petrotech on Saturday, Feb. 9, with oil ministers from Venezuela, Iran, United Arab Emirates, Indonesia, Mexico, Oman and elsewhere in attendance. >Venezuela open to barter in oil trade with India. >India looks to establish shale oil, gas potential.

  • NEW DELHI, Feb 8- India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to withdraw the Generalised System of Preferences from India, the worlds largest beneficiary of a...

  • *India's national elections due by May. NEW DELHI, Feb 7- The Reserve Bank of India's surprise decision to cut interest rates for the first time in 18 months on Thursday is a pre-election stimulus gift from a compliant central bank for Prime Minister Narendra Modi. There have been signs that Modi's support has crumbled in parts of a countryside that supported his...

  • MUMBAI/ KOLKATA, Feb 7- India's Reliance Industries will invest 100 billion rupees in the eastern state of West Bengal, a part of which would fund the company's new e-commerce venture, its chairman Mukesh Ambani said on Thursday. The energy and telecoms conglomerate, which already runs retail stores, has announced plans to diversify into e-commerce at a time when...

  • MUMBAI, Feb 7- India's central bank on Thursday unexpectedly lowered interest rates and, as anticipated, changed its policy stance to "neutral" to boost a slowing economy after a sharp slide in the inflation rate. The ruling Bharatiya Janata Party is already in election mode. India's new central bank governor Shaktikanta Das "has delivered what the Modi...

  • NEW DELHI, Feb 7- An India state will give gold worth about $530 to every bride from a poor family, the latest budget giveaway ahead of a general election that must be held by May. The northeastern state of Assam is run by Prime Minister Narendra Modi's Hindu nationalist Bharatiya Janata Party, which is facing a battle for re-election because of low farm incomes and a...

  • Feb 7- Emerging market currencies fell on Thursday as the dollar held onto gains aided by strong economic data, while stock indexes in the developing world slipped, with Chinese markets still shut for Lunar New Year. "The USD continues its march higher amid market closures in Asia and strong payroll data last Friday," Maybank analysts said in a note.

  • Stratfor: India's BJP is facing three challenges

    Faisel Pervaiz of Stratfor says angry farmers, unifying opposition politicians and a lack of jobs are three important factors for India's Bharatiya Janata Party ahead of elections in the country.

  • Indian farmers harvest cabbage in a field on the outskirts of Amritsar on December 27, 2018.

    More than 50 farmers Reuters spoke to in Mahaban and nine other villages in Uttar Pradesh state said they would think twice before voting for Narendra Modi's BJP in the next general election, due by May.

  • India is one of the world's largest consumers of coal and rising imports of the fuel are adding to a burgeoning trade deficit, prompting the government to invest in developing more domestic resources. India is one of the most dangerous countries in the world to be a coal miner, with one miner dying every six days on average in 2017, according to government data, but...

  • MUMBAI, Feb 1- "Peanuts" was how one rural politician described a 6,000 rupee yearly handout to small farmers promised in Friday's budget as Indian Prime Minister Narendra Modi tries to secure the support of rural voters in a forthcoming election. Recent polls predict Modi's ruling Bharatiya Janata Party to emerge as the biggest party in the vote which is due by...