Tag Archives: India

Kathmandu, Nepal | AFP |  Nepal’s Prime Minister Pushpa Kamal Dahal called his Indian counterpart Narendra Modi Tuesday to find out how Nepalis could exchange Indian rupees they hold in the now banned denominations. The two countries share a long border and close cultural ties, and many Nepalis hold large …

Mumbai, India | AFP | Months of planning by a select few sworn to secrecy and then cash-laden trucks on the streets. But this was no bank robbery — rather an audacious plan to issue new notes across India. There are 1.25 billion people in India but only a handful …

New Delhi, India | AFP | Indian Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption and tax evasion. Modi said that while people could exchange their old notes for new bills at …

Bangalore, India | AFP |  British Prime Minister Theresa May said Tuesday there was a “world of opportunities” for post-Brexit Britain in India, as she donned a saree during a temple charm offensive in Bangalore. May said that Britain would not need to ease visa restrictions — a key demand …

New Delhi, India | AFP | Prime Minister Theresa May said Britain would become the ultimate free trade champion as she laid the groundwork Monday for a potential post-Brexit deal with India, the world’s fastest growing major economy. In her first bilateral trip outside Europe since taking office in July, …

New Delhi, India | AFP |  Millions of tablets of a recreational drug with an estimated street value of nearly $450 million have been seized and a Bollywood film producer has been arrested in western India, officials said Wednesday. More than 20 million tablets of the banned drug Mandrax were …

New Delhi, India | AFP | The chefs who cook for the world’s leaders usually keep a low profile, leaving the limelight to their bosses. But once a year it is their turn to be wined and dined and treated as honoured guests in a foreign country. Billed as the …

Mumbai, India | AFP | Industrialist Ratan Tata sensationally returned to the helm of India’s biggest conglomerate on Monday as Tata Sons dumped Cyrus Mistry as chairman in a shock announcement that stunned analysts. The 78-year-old takes interim charge of the sprawling $100 billion tea-to-steel group almost four years after …

Benaulim, India | AFP | Chinese President Xi Jinping said Sunday a rising tide of protectionism and anti-globalisation was endangering the world economy’s still fragile recovery as BRICS leaders vowed to forge closer business and trade ties. At a summit in the Indian tourist hub of Goa, host Prime Minister …

  New Delhi, India | AFP | Indians have declared almost $10 billion in hidden wealth under a government amnesty on tax evasion, as part of Prime Minister Narendra Modi’s moves to crack down on huge piles of black money. Finance Minister Arun Jaitley said the four-month scheme that closed …