Sanjeev's Feed
Feb 5, 2015

Interview: Envoy wants India to do more for Chinese companies

NEW DELHI (Reuters) – Some Chinese companies face unusually tough security reviews in India and are further hampered by visa restrictions, Beijing’s ambassador said, slowing the pace of investment despite Prime Minister Narendra Modi’s promise to roll out the red carpet.

Le Yucheng told Reuters that work had begun on a $5 billion industrial park in western India and a feasibility study on a high speed rail link through the heart of India worth up to $50 billion. Chinese companies lead both projects.

Feb 5, 2015

Envoy wants India to do more for Chinese companies

NEW DELHI, Feb 5 (Reuters) – Some Chinese companies face
unusually tough security reviews in India and are further
hampered by visa restrictions, Beijing’s ambassador said,
slowing the pace of investment despite Prime Minister Narendra
Modi’s promise to roll out the red carpet.

Le Yucheng told Reuters that work had begun on a $5 billion
industrial park in western India and a feasibility study on a
high speed rail link through the heart of India worth up to $50
billion. Chinese companies lead both projects.

Feb 4, 2015

India eyes U.S. aircraft carrier technology as arms ties deepen

NEW DELHI (Reuters) – India wants to use state-of-the-art U.S. technology to boost the range and potency of a planned aircraft carrier, defence sources said, in a move that would tie their arms programmes closer together and counter China’s military influence in the region.

The proposal, referred to only obliquely in a joint statement at the end of President Barack Obama’s recent visit to New Delhi, is the clearest signal yet that Washington is ready to help India strengthen its navy.

Feb 3, 2015

Modi faces possible Delhi poll defeat, clouding growth prospects

NEW DELHI (Reuters) – Prime Minister Narendra Modi is facing his first state election defeat since taking charge last year, opinion polls show, a result that would dent his chances of consolidating power needed to speed up an economic recovery.

The ruling Bharatiya Janata Party has ordered scores of its top national and state leaders to campaign for this weekend’s high-profile election to the Delhi assembly where a small anti-corruption party is threatening to stop its momentum.

Feb 3, 2015

India’s Modi faces possible state poll defeat, clouding growth prospects

NEW DELHI, Feb 3 (Reuters) – Indian Prime Minister Narendra
Modi is facing his first state election defeat since taking
charge last year, opinion polls show, a result that would dent
his chances of consolidating power needed to speed up an
economic recovery.

The ruling Bharatiya Janata Party has ordered scores of its
top national and state leaders to campaign for this weekend’s
high-profile election to the Delhi assembly where a small
anti-corruption party is threatening to stop its momentum.

Jan 26, 2015

Obama ends day of Indian pageantry with $4 billion pledge

NEW DELHI, Jan 26 (Reuters) – U.S. President Barack Obama
ended a landmark day in India on Monday with a pledge of $4
billion in investments and loans, seeking to release what he
called the “untapped potential” of a business and strategic
partnership between the world’s largest democracies.

Earlier in the day, at the invitation of Prime Minister
Narendra Modi, Obama was the first U.S. president to attend
India’s annual Republic Day parade, a show of military might
that has been associated with Cold War anti-Americanism.

Jan 26, 2015

U.S. sees role for India in battle against Islamic State

NEW DELHI (Reuters) – India could play a role in battling Islamic State, the White House said on Monday during a visit to New Delhi by President Barack Obama, underlining Washington’s confidence that India is increasingly prepared to engage on global security issues.

U.S. Deputy National Security Adviser Ben Rhodes said India’s involvement could focus on intelligence on the flow of money and militants to the radical Islamist group active in Syria and Iraq rather than deploying troops on the ground.

Jan 26, 2015

Rain on India’s parade, but Obama visit keeps spirits high

NEW DELHI (Reuters) – Rain threatened to dampen the excitement around U.S. President Barack Obama’s landmark visit to India as thousands of troops prepared on Monday for a dazzling military parade where he will be the chief guest.

The first U.S. president to attend the annual show of military might that was long associated with the anti-Americanism of the Cold War, Obama spent the first day of his visit on Sunday bonding with Prime Minister Narendra Modi and sealing a clutch of deals.

Jan 25, 2015

Bear hug with Modi gets Obama’s India trip off to warm start

NEW DELHI (Reuters) – Signalling his determination to take relations with the United States to a higher level, Prime Minister Narendra Modi broke with protocol to meet and bear-hug U.S. President Barack Obama as he landed in New Delhi on Sunday.

Obama’s visit is a fresh bid to make India an enduring strategic partner and will nurture his friendship with a prime minister who a year ago was persona non grata in Washington.

Jan 23, 2015

Uber back in Delhi; govt says must await approval

NEW DELHI (Reuters) – U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India’s capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted.

Uber’s app showed taxis available in New Delhi on Friday after the company applied for a radio taxi licence, a spokesman said. Just last month, the company said traditional radio taxi regulations were incompatible with a disruptive technology company that connects passengers with drivers.