MECCA, Saudi Arabia – Saudi Arabia’s King Salman told an emergency Arab summit on Friday that decisive action was needed to stop Iranian “escalations” following attacks on Gulf oil assets, as U.S. officials said a military deployment had deterred Tehran. The right of Saudi Arabia and the United […]
NEW DELHI – A tatty shopping centre originally built to house refugees in the heart of New Delhi has become a handy symbol for Prime Minister Narendra Modi and his supporters to rub salt in the wounds of their opponents, who just got a drubbing in India’s general […]
NEW DELHI – India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill in domestic and global consumer demand hit manufacturers and service providers. The slowing economy didn’t stop voters giving Prime Minister Narendra Modi a landslide victory […]
NEW DELHI – Indian Prime Minister Narendra Modi is set to name Amit Shah, the chief of his Hindu nationalist Bharatiya Janata Party (BJP), as the country’s new finance minister after taking his oath of office for the second time on Thursday, according to several Indian media reports. […]
Indian shares rose on Friday boosted by optimism from a newly formed cabinet with investors awaiting portfolio distribution due later in the day, while weak oil prices pushed up oil marketing companies. Prime Minister Narendra Modi took oath of office on Thursday for his second innings along with […]
NEW DELHI – In the first 100 days of Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that should please foreign investors are likely to be pursued, according to a top official at the government’s main think tank. The reforms will include changes in […]
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