The upcoming budget is expected to give a boost to the government’s “Make in India” campaign, the centrepiece of PM Narendra Modi’s plan to create jobs and rejuvenate the economy. But Rajeev Karwal, founder of technology and consulting firm Milagrow, says the “ecosystem” to transform India into a manufacturing hub does not exist because of an absence of government support and incentives.
The countdown has begun for the biggest business and economic event of the year – the release of India’s annual budget on February 28. Finance Minister Arun Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.
Nissan Motor Co Ltd hopes to boost its low-cost Datsun car brand in India with a new compact multi-purpose vehicle, or MPV, but the Japanese automaker might need to make inroads into smaller cities and the countryside if it wants to revive sales.
India’s film censor board chief Leela Samson quit her post on Friday after a government tribunal reversed the board’s decision to prevent the release of a film about a Sikh religious leader for portraying him as a god, which they fear could offend other Sikhs.
In an industry that typically sidelines actresses as they age, Bipasha Basu has reinvented herself, going from sex symbol to the queen of Bollywood horror movies, a genre that most mainstream stars avoid. Basu, 36, has found success in several horror films in recent years. Basu’s latest is a remake of the Thai film “Alone,” about a woman whose dead twin comes back to haunt her and her husband. She spoke to Reuters about the film, why she does horror, and her worst fear in real life.
Among the throngs of tourists who visited India’s beach state of Goa to usher in the new year, many visited for a different reason than the usual beach scene, raves and holiday revelry. Thousands upon thousands of Christians and people of other faiths braved the heat and long lines to view the relics of Saint Francis Xavier at church of the Bom Jesus Basilica in Old Goa. Francis Xavier’s body, which the faithful say has not fully decomposed since his death in 1552 has always attracted visitors to the former Portuguese colony.
When Indian-born journalist Salil Tripathi visited Dhaka University’s Jagannath Hall in Bangladesh two years ago, he noticed an epitaph that had “PAKISTANI” etched in bold on a memorial dedicated to students who were killed in the 1971 war of independence.
Russian President Vladimir Putin is coming to India this week to meet Prime Minister Narendra Modi and to discuss ways to improve relations. Moscow and New Delhi enjoyed warm ties during the days of the Soviet Union, when India was a member of a non-aligned bloc of nations. The friendship recently has become strained as India relies more on U.S. and French companies to meet its defence needs, something that chafes Russia as it deals with sanctions from western nations over Ukraine. Russia meanwhile has alarmed Indian public opinion with a recent visit by its defence minister to Pakistan. Russia’s ambassador Alexander Kadakin, a veteran diplomat first posted to New Delhi more than 40 years ago, discussed Putin’s visit at a press conference on Monday. Here are some of his remarks.