Frank Jack's Feed
Nov 9, 2014

With an eye on economy and defense, India’s Modi expands cabinet

NEW DELHI (Reuters) – India’s Prime Minister Narendra Modi beefed up his cabinet on Sunday, appointing a separate defense minister to spur military modernization and free Finance Minister Arun Jaitley to focus on the budget and reforms to revive the economy.

Jaitley had run both defense and finance since Modi took office six months ago, leading to criticism that neither of the key departments could be properly led.

Oct 16, 2014

Modi names Rajan ally Subramanian as chief economic adviser

NEW DELHI (Reuters) – A high-powered academic who tells his students to read Joseph Conrad and Gabriel Garcia Marquez to better understand economic development was confirmed on Thursday as chief economic adviser to Prime Minister Narendra Modi’s government.

Ending two months of uncertainty, U.S.-based economist Arvind Subramanian announced at an impromptu news conference that he had got the job, on a day of drama in which the department’s top civil servant was sacked.

Oct 16, 2014

India’s Modi names Rajan ally as chief economic adviser

NEW DELHI, Oct 16 (Reuters) – A high-powered academic who
tells his students to read Joseph Conrad and Gabriel Garcia
Marquez to better understand economic development was confirmed
on Thursday as chief economic adviser to Indian Prime Minister
Narendra Modi’s government.

Ending two months of uncertainty, U.S.-based economist
Arvind Subramanian announced at an impromptu news conference
that he had got the job, on a day of drama in which the
department’s top civil servant was sacked.

Oct 2, 2014

Appointment of U.S.-based economist Arvind Subramanian as India adviser hits Modi hurdle

NEW DELHI (Reuters) – Prime Minister Narendra Modi has not decided whether to appoint U.S.-based economist Arvind Subramanian as the government’s chief economic adviser, a senior government source told Reuters, in a delay that may impact policy and budget preparations.

Subramanian, a senior fellow at the Peterson Institute for International Economics, was informally recommended to the post by Finance Minister Arun Jaitley more than a month ago but Modi still wants to discuss the appointment, the source said.

Oct 2, 2014

Appointment of U.S.-based economist as India adviser hits Modi hurdle

NEW DELHI (Reuters) – Prime Minister Narendra Modi has not decided whether to appoint U.S.-based economist Arvind Subramanian as the government’s chief economic adviser, a senior government source told Reuters, in a delay that may impact policy and budget preparations.

Subramanian, a senior fellow at the Peterson Institute for International Economics, was informally recommended to the post by Finance Minister Arun Jaitley more than a month ago but Modi still wants to discuss the appointment, the source said.

Sep 24, 2014

India’s Modi seeks to crown global sales pitch with U.S. tour

NEW DELHI/WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will arrive in the United States on Friday aiming to woo corporate titans and crown a burst of investment-focused diplomacy, while marking a personal victory for a man who was for years unwelcome in the country.

Modi, who was elected in May, will spend two days in New York before heading to Washington for his first meeting with U.S. President Barack Obama. The U.S. leader is keen to see a strategic relationship he has called “one of the defining partnerships of the 21st century” live up to its potential.

Sep 24, 2014

Modi seeks to crown global sales pitch with U.S. tour

NEW DELHI/WASHINGTON (Reuters) – Prime Minister Narendra Modi will arrive in the United States on Friday aiming to woo corporate titans and crown a burst of investment-focused diplomacy, while marking a personal victory for a man who was for years unwelcome in the country.

Modi, who was elected in May, will spend two days in New York before heading to Washington for his first meeting with U.S. President Barack Obama. The U.S. leader is keen to see a strategic relationship he has called “one of the defining partnerships of the 21st century” live up to its potential.

Sep 18, 2014

China not warlike, says Xi, as border standoff dominates India trip

NEW DELHI, Sept 18 (Reuters) – A standoff between Indian and
Chinese soldiers overshadowed a visit to New Delhi by Chinese
President Xi Jinping on Thursday, with a $20 billion investment
pledge eclipsed by robust comments from India’s new Prime
Minister Narendra Modi about the dispute.

Modi and Xi emerged from a long meeting to address reporters
soon after officials confirmed that soldiers had pulled back
from their positions on a plateau in the western Himalayas that
is claimed by both nations.

Sep 18, 2014

Border standoff dominates China Xi’s visit to India

NEW DELHI, Sept 18 (Reuters) – A standoff between Indian and
Chinese soldiers overshadowed a visit to New Delhi by China’s
President Xi Jinping on Thursday, with a $20 billion investment
pledge eclipsed by robust comments from India’s new Prime
Minister Narendra Modi about the dispute.

Modi and Xi emerged from a long meeting to address a news
conference shortly after officials confirmed that the soldiers
had pulled back from their positions in a barren area of the
Ladakh plateau in the western Himalayas claimed by both nations.

Sep 18, 2014

Border standoff casts shadow on China Xi’s visit to India

NEW DELHI (Reuters) – Indian and Chinese soldiers faced off on a Himalayan plateau on Thursday, dampening the bonhomie around a rare visit by China’s President Xi Jingping to New Delhi and a reminder of problems underlying growing commercial ties.

A meeting between brigadier-level army officials in the Ladakh plateau in the western Himalayas on Monday did not result in soldiers retreating from positions held for more than a week in a dispute over construction in the border region.