Sanjeev's Feed
Nov 24, 2014

Congress signals it could back Modi’s insurance reform plan

NEW DELHI (Reuters) – The main opposition Congress party signalled on Monday it could support government legislation to liberalise the insurance industry, a long-delayed reform expected to help improve investor confidence.

Prime Minister Narendra Modi proposed in August to lift the cap on foreign investment in insurance ventures from 26 percent to 49 percent, but the opposition blocked the move in the Lok Sabha, where he lacks a majority.

Nov 24, 2014

India’s Congress signals it could back Modi’s insurance reform plan

NEW DELHI (Reuters) – India’s main opposition Congress party signaled on Monday it could support government legislation to liberalize the insurance industry, a long-delayed reform expected to help improve investor confidence.

Prime Minister Narendra Modi proposed in August to lift the cap on foreign investment in insurance ventures from 26 percent to 49 percent, but the opposition blocked the move in the upper house of parliament, where he lacks a majority.

Nov 21, 2014

Long “to do” list for Modi as clock ticks on reform

NEW DELHI (Reuters) – Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target.

Modi’s election victory in May unleashed a rush of money from foreign portfolios betting the reformist prime minister would drive a quick recovery. That has yet to materialise, with both factory utilisation and capital spending low.

Nov 21, 2014

Long ‘to do’ list for India’s Modi as clock ticks on reform

NEW DELHI (Reuters) – India’s Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target.

Modi’s election victory in May unleashed a rush of money from foreign portfolios betting the reformist prime minister would drive a quick recovery. That has yet to materialize, with both factory utilization and capital spending low.

Nov 12, 2014

Indian PM’s party shakes up election race in disputed Kashmir

SRINAGAR, India, Nov 12 (Reuters) – Accompanied by half a
dozen guards, Hina Bhat knocks on doors in Srinagar, the heart
of a revolt against Indian rule, to persuade Kashmiris to vote
for the Bharatiya Janata Party in this month’s state election.

After winning the biggest national mandate in 30 years,
Prime Minister Narendra Modi’s Hindu nationalist BJP has
launched its most audacious election project yet – to win power
in Muslim-majority Jammu and Kashmir and integrate the disputed
region fully into India.

Nov 12, 2014

BJP shakes up election race in Kashmir

SRINAGAR, India (Reuters) – Accompanied by half a dozen guards, Hina Bhat knocks on doors in Srinagar, the heart of a revolt against Indian rule, to persuade Kashmiris to vote for the Bharatiya Janata Party (BJP) in this month’s state election.

After winning the biggest national mandate in 30 years, Prime Minister Narendra Modi’s Hindu nationalist BJP has launched its most audacious election project yet – to win power in Muslim-majority Jammu and Kashmir and integrate the disputed region fully into India.

Nov 12, 2014

India’s BJP shakes up election race in disputed Kashmir

SRINAGAR India (Reuters) – Accompanied by half a dozen guards, Hina Bhat knocks on doors in Srinagar, the heart of a revolt against Indian rule, to persuade Kashmiris to vote for the Bharatiya Janata Party in this month’s state election.

After winning the biggest national mandate in 30 years, Prime Minister Narendra Modi’s Hindu nationalist BJP has launched its most audacious election project yet – to win power in Muslim-majority Jammu and Kashmir and integrate the disputed region fully into India.

Nov 7, 2014

Indian intelligence agency on the cheap hampers war on militants

NEW DELHI (Reuters) – When a bomb went off last month in West Bengal state, police at India’s leading counterterrorism organization had to hail taxis to get to the scene because they did not have enough cars.

The admission by two officers from the National Investigation Agency underlines how poorly equipped it is to fulfill its role of investigating the most serious terrorism cases, cutting off funding to militants and putting suspects on trial.

Nov 7, 2014

Insight – Indian intelligence agency on the cheap hampers war on militants

NEW DELHI (Reuters) – When a bomb went off last month in West Bengal state, police at India’s leading counterterrorism organisation had to hail taxis to get to the scene because they did not have enough cars.

The admission by two officers from the National Investigation Agency underlines how poorly equipped it is to fulfil its role of investigating the most serious terrorism cases, cutting off funding to militants and putting suspects on trial.

Nov 5, 2014

Officials fear al Qaeda grooming Indian militants for big attacks

NEW DELHI (Reuters) – Decrypted communications between Indian Mujahideen (IM) and al Qaeda and testimony from suspects have triggered alarm among intelligence officials in New Delhi: the groups appear to be working together to launch major attacks in the region.

The officials told Reuters that plots they had uncovered included the kidnapping of foreigners and turning India into a “Syria and Iraq where violence is continuously happening”.