Frank Jack's Feed
Feb 13, 2014

US envoy meets India’s Modi, signaling end of boycott

GANDHINAGAR, India (Reuters) – With flowers, smiles and handshakes, the U.S. ambassador to India met the Hindu nationalist leader who could be India’s next prime minister on Thursday – a big step towards ending Washington’s shunning of him over sectarian violence in 2002.

Ambassador Nancy Powell met Narendra Modi in Gandhinagar, the capital of Gujarat state, where he is chief minister. It was the highest-profile encounter between U.S. officials and Modi since the State Department revoked his visa in 2005 over the bloodshed there three years previously.

Feb 12, 2014

U.S. ambassador to meet Modi, ending isolation

NEW DELHI (Reuters) – The U.S. ambassador to New Delhi is to meet Hindu nationalist Narendra Modi who could be India’s next prime minister, softening Washington’s stance towards a man denied a U.S. visa nearly a decade ago.

The Bharatiya Janata Party, or BJP, is considered the favourite to form a government after a general election due by May. He is also the chief minister of Gujarat, where in 2002, Hindu mobs killed at least 1,000 people, most of them Muslims.

Feb 11, 2014

U.S. launches new trade action against India over solar program

WASHINGTON/NEW DELHI, Feb 10 (Reuters) – The United States
on Monday said it would take India to the World Trade
Organization to gain a bigger foothold for U.S. manufacturers in
its fast-growing solar products market, adding another irritant
to an already strained relationship.

The Obama administration said it was filing its second case
at the WTO over the domestic content requirements in India’s
massive solar program, which aims to ease chronic energy
shortages in Asia’s third-largest economy.

Feb 11, 2014

India warns U.S. about dumping investigation in solar trade spat

WASHINGTON/NEW DELHI (Reuters) – The United States on Monday said it would take India to the World Trade Organization to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market, adding another irritant to an already strained relationship.

The Obama administration said it was filing its second case at the WTO over the domestic content requirements in India’s massive solar program, which aims to ease chronic energy shortages in Asia’s third-largest economy.

Feb 11, 2014

U.S. ambassador to meet India’s Modi, ending isolation

NEW DELHI (Reuters) – U.S. ambassador to India Nancy Powell is to meet the politician who could become India’s next prime minister, Narendra Modi, signaling a softening of the U.S. position since the Hindu nationalist was denied a visa over religious riots.

Modi’s Bharatiya Janata Party (BJP) is considered the favorite to form a government after a general election due by May. He is also the chief minister of Gujarat state, where in 2002, Hindu mobs killed at least 1,000 people, most of them Muslims.

Feb 10, 2014

U.S. to act against India over solar subsidies – source

NEW DELHI (Reuters) – The United States plans to take India to the World Trade Organisation over subsidies New Delhi gives to its solar power industry, an Indian government source said on Monday, a step that could further strain relations between the countries.

There was no immediate comment from U.S. Trade Representative Michael Froman, who is due to make a trade enforcement announcement linked to India at 2 p.m. (1900 GMT) on Monday. The Indian official said Washington had informed New Delhi of the trade action it planned to take.

Feb 10, 2014

U.S. to take action against India over solar subsidies: India government source

NEW DELHI (Reuters) – The United States plans to take India to the World Trade Organization over subsidies New Delhi gives to its solar power industry, an Indian government source said on Monday, a step that could further strain relations between the countries.

There was no immediate comment from U.S. Trade Representative Michael Froman, who is due to make a trade enforcement announcement linked to India at 2 p.m. ET on Monday. The Indian official said Washington had informed New Delhi of the trade action it planned to take.

Feb 10, 2014

U.S. to take action against India over solar subsidies -India govt source

NEW DELHI, Feb 10 (Reuters) – The United States plans to
take India to the World Trade Organisation over subsidies New
Delhi gives to its solar power industry, an Indian government
source said on Monday, a step that could further strain
relations between the countries.

There was no immediate comment from U.S. Trade
Representative Michael Froman, who is due to make a trade
enforcement announcement linked to India at 2 p.m. (1900 GMT) on
Monday. The Indian official said Washington had informed New
Delhi of the trade action it planned to take.

Feb 2, 2014

Corporates cheer as oil minister Moily takes charge of green clearances

NEW DELHI (Reuters) – Veerappa Moily has two seemingly incompatible jobs.

As oil minister, he has overseen India’s petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.

Since taking the additional environment portfolio on December 24, he has given his go-ahead to projects worth some $40 billion, including Posco’s (005490.KS: Quote, Profile, Research) $12.6 billion steel plant and forest clearances for India’s first major hydropower projects in the wilderness state of Arunachal Pradesh, near a contested border with China.

Feb 2, 2014

Corporates cheer as India’s oil minister takes charge of green clearances

NEW DELHI (Reuters) – Veerappa Moily has two seemingly incompatible jobs.

As oil minister, he has overseen India’s petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.

Since taking the additional environment portfolio on December 24, he has given his go-ahead to projects worth some $40 billion, including Posco’s $12.6 billion steel plant and forest clearances for India’s first major hydropower projects in the wilderness state of Arunachal Pradesh, near a contested border with China.