Frank Jack's Feed
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.

Jan 30, 2014

After stunning debut, AAP scrambles to dispel doubts

GHAZIABAD (Reuters) – Anti-corruption crusader Arvind Kejriwal has shaken up India’s political landscape with promises to change a rotten system: Now he is scrambling to dispel fears that his populism and rabble rousing could be a liability for Asia’s third-largest economy.

Barely a year after founding the Aam Aadmi Party (AAP), the former tax collector made a stunning debut in Delhi legislative elections last month, crushing the ruling Congress party and preventing the Bharatiya Janata Party (BJP) from taking control of the city.

Jan 30, 2014

After stunning debut, India’s anti-graft party scrambles to dispel doubts

GHAZIABAD, India (Reuters) – Anti-corruption crusader Arvind Kejriwal has shaken up India’s political landscape with promises to change a rotten system: Now he is scrambling to dispel fears that his populism and rabble rousing could be a liability for Asia’s third-largest economy.

Barely a year after founding the Aam Aadmi – or Common Man – Party (AAP), the former tax collector made a stunning debut in Delhi legislative elections last month, crushing the ruling Congress party and preventing the Hindu nationalist Bharatiya Janata Party (BJP) from taking control of the city.

Jan 27, 2014

Anti-graft party to field dozens of candidates in India general election

NEW DELHI (Reuters) – The young anti-graft party that stormed to power in India’s capital Delhi last month plans to field at least 73 candidates in national elections due by May to stand against politicians accused of crimes, its founder said on Monday.

Following its strong performance in Delhi, interest in the year-old Aam Aadmi – Common Man – Party has surged. Since an announcement earlier this month that it would contest the general election, its membership has passed 10 million.

Jan 27, 2014

Aam Aadmi Party to field dozens of candidates in general election

NEW DELHI (Reuters) – The young anti-graft party that stormed to power in India’s capital last month plans to field at least 73 candidates in national elections due by May to stand against politicians accused of crimes, its founder said on Monday.

Following its strong performance in Delhi, interest in the year-old Aam Aadmi Party (AAP) has surged. Since an announcement earlier this month that it would contest the general election, its membership has passed 10 million.