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☆ India election: Modi’s Muslim remarks spark ‘hate speech’ accusations as mammoth vote deepens divides
▼ + stars: | 2024-04-22 | by ( Rhea Mogul | ) edition.cnn.com time to read: +12 min

CNN —India’s Prime Minister Narendra Modi has been accused of delivering Islamophobic remarks during an election rally Sunday, triggering widespread anger from prominent Muslims and members of the opposition. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Kalpit Bhachech/Dipam Bhachech/Getty Images Narendra Modi pictured in India on January 23, 1998. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: CNN —, Narendra Modi, Islamophobic, Modi’s, Modi, ”, ” Modi, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Rana Ayyub, Asaduddin Owaisi, “ Modi, Mallikarjun Kharge Organizations: CNN, CNN — India’s, Bharatiya Janata Party, BJP, Indian National Congress, of India, India's, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Sangh, Hindu, “, Hate Locations: Rajasthan, Sydney, Australia, Gujarat, India, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, BJP, “

☆ In India’s 2024 election, BJP’s main opposition appears increasingly weak in face of Modi juggernaut
▼ + stars: | 2024-04-20 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +21 min

Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.

Persons: ”, Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, “, it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, —, Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, “, “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, ”, Manipur, Siliguri, West Bengal, Tamil

☆ Narendra Modi: India’s popular but controversial leader seeking a transformative third term
▼ + stars: | 2024-04-15 | by ( Rhea Mogul | ) edition.cnn.com time to read: +26 min

Varanasi and New Delhi CNN —Indian Prime Minister Narendra Modi once famously made a simple election promise: “good days are coming”. India's Prime Minister Narendra Modi addresses his supporters during an election campaign rally in Pushkar on April 6, 2024. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: Narendra Modi, Modi, Himanshu Sharma, Getty Images Modi, –, ”, Saba Naqvi, “, Vajpayee, Naqvi, Dileep Patel, John Mees, Akash Jaiswal, “ We’ve, ” Jaiswal, isn’t, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Patel, India’s, Jawaharlal Nehru, Indira Gandhi, Rajiv, Rahul Gandhi, Nilanjan Mukhopadhyay, “ Narendra Modi, ” Mukhopadhyay, Mukhopadhyay, ” Modi, Keshav Baliram, “ Modi, BJP Modi, Lord Ram, ” Naqvi, Critics, Christophe Jaffrelot, Karan Thapar, ” Jaffrelot, Modi’s, it’s, —, Raj, India Narendra Modi, Kenny Hoston, Ram, ” Raniva, That’s Organizations: New Delhi CNN, Indian, Bharatiya Janata Party, BJP, India's, Getty Images, Pew, CNN, World Health Organization, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, Indian National Congress, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Cambridge, today’s Congress Party, Harvard, The Times, Muslim, Australia Locations: Varanasi, New Delhi, Gujarat, Pushkar, India, “ India, United States, Brazil, “, Sydney, Australia, Ahmedabad, Ahmadabad, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, Oxford, Vadnagar, Babri, Kadi, Kashmir, United Kingdom, Russia, Ukraine, Israel, Ghaziabad, Meerut, Jama

☆ Ayodhya’s Muslims confront grief and anxiety as Ram Temple inauguration nears
▼ + stars: | 2024-01-20 | by ( Aishwarya Iyer | ) edition.cnn.com time to read: +8 min

But like many of the town’s 500,000 Muslims, 65-year-old Maulana Badshah Khan says he’ll be staying at home. And tens of thousands of pious Hindus are thronging to the small town to place flowers and gifts inside the temple. “They will call for Muslims to be expelled from Ayodhya or demand a Hindu Rashtra (nation),” he said. Mahboob, one of the petitioners who fought for the Babri mosque in the Supreme Court, said for most Muslims of Ayodhya, its construction does not hold emotional sway. Muslims pray for peace ahead of verdict on a disputed religious site in Ayodhya, inside a mosque premises in Ahmedabad, India, November 8, 2019.

Persons: Saffron, Narendra Modi, Maulana Badshah Khan, he’ll, Modi, Khan, ”, Azam Qadri, Douglas E, Curran, Haji Mahboob, Mahboob, Nilanjan Mukhopadhyay, Mukhopadhyay, Nalin Kohli, Modi’s, Amit Dave, Babri, Arafat Shaikh –, BJP –, Shaikh, Gharib Nawaz, Vinod Bansal, Mahant Jairam Das, Hassan Ali Organizations: New, New Delhi CNN, Indian, Modi’s Bharatiya Janata Party, BJP, Getty, he’s, CNN, Ram, Hindu Parishad, Rashtriya Swayamsevak Sangh Locations: New Delhi, Ayodhya, New India, India, Babri, Ahmedabad, Saudi Arabia, Pakistan

☆ Ayodhya Ram Mandir: A decades long Hindu nationalist dream is about to be achieved. What does this mean?
▼ + stars: | 2024-01-19 | by ( Rhea Mogul | ) edition.cnn.com time to read: +8 min

Ahead of the event, Modi has been fasting and praying in an 11-day ritual steeped in Hindu religious symbolism. But many Hindus believe the Babri Masjid was built on the ruins of a Hindu temple, allegedly destroyed by Babar, the first Mughal emperor of South Asia. The site is significant to them because they believe it’s the birthplace of Lord Ram, now honored with the construction of the new Ram Mandir. Hindu nationalist groups had for years campaigned to demolish the mosque to build a temple in its place. Muslims pray for peace ahead of verdict on a disputed religious site in Ayodhya, inside a mosque premises in Ahmedabad, India, November 8, 2019.

Persons: Narendra Modi, Modi, Lord Ram, ”, ” Modi, Babar, Douglas E, Curran, “, Rajesh Kumar Singh, Amit Dave, “ Young, Asaduddin Owaisi, Sudhanshu Trivedi, Larsen, Toubro Organizations: CNN, country’s, Modi’s Bharatiya Janata Party, BJP, YouTube, India’s, AP, Rashtriya Swayamsevak Sangh, Indian National Congress Locations: Indian, Ayodhya, India, Babri, South Asia, Uttar Pradesh, Ahmedabad

☆ Asia’s year in review: Who had it good — and who had it bad — in 2023
▼ + stars: | 2023-12-22 | by ( Curtis Chin | Jose B. Collazo | ) www.cnbc.com time to read: +7 min

As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region. But who had it good and who had it bad in 2023? Bad year: China's property marketWith millions of Chinese citizens still waiting for homes they put down payments on — but might never be built — 2023 was a particularly bad year for China's property market. A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. Chinese families and individuals who once saw homes as more than somewhere to live but also as investments have reason to fear 2023 won't be the last bad year they face.

Persons: Curtis, Chin, Jose B, —, Vikram, Amit Dave, Narendra Modi, Taylor Swift, Kim Ji, Jennie, Kim Jennie, Roseanne Chae, Lisa, Lalisa, King Charles, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones, Blackpink, Michelle Yeoh, Joe Biden, Xi Jinping, San Francisco —, China Evergrande, Moody's, Asia's Organizations: Asian Development Bank, RiverPeak Group, ISRO —, Indian Space Research, Orbiter, ISRO, Buckingham, Sustainable, COP26, Getty, YG Entertainment, APEC, U.S, International Monetary Fund Locations: U.S, Asia, Turkey, Syria, Maui, Hawaii, Lahaina, Pacific, India, Gujarat Science City, Ahmedabad, Korea, British, LONDON, ENGLAND, Glasgow, London, England, South Korea, Malaysian, New Zealand, Thailand, China, San Francisco, United States, Taiwan, South China, Country, Hangzhou city, Zhejiang province

☆ India drawing up laws to regulate deepfakes - minister
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

India's Minister for Information Technology Ashwini Vaishnaw addresses the audience during the 'SemiconIndia 2023', India’s annual semiconductor conference, in Gandhinagar, India, July 28, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNov 23 (Reuters) - India is drawing up rules for governing deepfakes, a top minister said on Thursday, a day after Prime Minister Narendra Modi raised concerns over the technology. "We plan to complete drafting the regulations within the next few weeks," information technology minister Ashwini Vaishnaw told reporters after a meeting with academics, industry groups and social media companies. Deepfakes are realistic yet fabricated videos created by artificial intelligence (AI) algorithms trained on online footage. The move comes as countries across the world race to draw up rules to regulate AI.

Persons: Amit Dave, Narendra Modi, Ashwini Vaishnaw, Modi, Vaishnaw, Joe Biden, Kanjyik Ghosh, Jan Harvey Organizations: Information Technology, REUTERS, deepfakes, U.S, The United Nations, Thomson Locations: Gandhinagar, India

The logo of Oil and Natural Gas Corp's (ONGC) is pictured along a roadside in Ahmedabad, India, September 6, 2016. The comments come after India's finance minister announced a plan this year to provide equity of 300 billion rupees ($3.6 billion) to help the big state oil refiners move towards cleaner energy. Based on rights issues previously announced by two other state refiners, an ONGC issue could amount to about 155 billion Indian rupees ($1.86 billion), Reuters calculations show. ONGC, HPCL and the oil and finance ministries did not immediately respond to requests for comment. India's other big state refiners, Indian Oil Corp (IOC.NS) and Bharat Petroleum Corp (BPCL.NS) have announced plans to launch rights issues of 220 billion and 180 billion rupees, respectively.

Persons: Amit Dave, ONGC, Nidhi Verma, Tony Munroe, Clarence Fernandez Organizations: Gas, REUTERS, Natural Gas Corp, Hindustan Petroleum Corp, Indian Oil Corp, Bharat Petroleum Corp, IOC, Thomson Locations: Ahmedabad, India, DELHI, New Delhi, HPCL, ONGC, BPCL

☆ Australia have their 'legacy' after winning World Cup: Cummins
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Cricket - ICC Cricket World Cup 2023 - Final - India v Australia - Narendra Modi Stadium, Ahmedabad, India - November 19, 2023 Australia's Pat Cummins celebrates with the trophy after winning the ICC Cricket World Cup REUTERS/Amit Dave Acquire Licensing RightsSYDNEY, Nov 22 (Reuters) - Australia captain Pat Cummins said his team had created their own legacy by winning the nation's record-extending sixth one-day World Cup as players returned home from India on Wednesday. The Australia skipper touched down in Sydney with team mates and was still glowing about their achievement. "Every half an hour or so, you kind of remember that we just won the World Cup and get excited all over again," Cummins told reporters at the airport. "I think they have created their own legacy," Cummins added. "I mean, a World Cup, you only get one chance every four years and especially playing someone like India, it’s hard.

Persons: Narendra Modi, Pat Cummins, Amit Dave, Cummins's, Cummins, we’ve, hadn’t, James Redmayne, Ian Ransom, Shri Navaratnam Organizations: Cricket, ICC Cricket, Narendra, ICC Cricket World, Rights, India, Thomson Locations: India, Australia, Ahmedabad, Sydney, South Africa

☆ India to host Afghanistan for T20 series in January
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +1 min

Cricket - ICC Cricket World Cup 2023 - South Africa v Afghanistan - Narendra Modi Stadium, Ahmedabad, India - November 10, 2023 The Afghanistan players line up before the match REUTERS/Amit Dave/File Photo Acquire Licensing RightsNov 22 (Reuters) - India will host Afghanistan for three Twenty20s in January, the first time the two sides will meet in a multi-match white-ball series, the Afghanistan Cricket Board said late on Tuesday. The series will begin on Jan. 11 in Mohali before moving to Indore for a match on Jan. 14. The final match will be in Bengaluru on Jan. 17. Afghanistan were once considered World Cup minnows, having won just one game in their two previous campaigns. India lost Sunday's 50-overs World Cup final to Australia by six wickets in Ahmedabad.

Persons: Narendra Modi, Amit Dave, Pearl Josephine Nazare, Robert Birsel Organizations: Cricket, ICC Cricket, Afghanistan Cricket Board, India, Thomson Locations: South Africa, Afghanistan, Ahmedabad, India, Mohali, Indore, Bengaluru, Jan, Australia

☆ Indian researchers find no link between sudden death and COVID shots
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

The Indian Council of Medical Research (ICMR) conducted a study following what it called "anecdotal reports about sudden unexplained deaths among apparently healthy adults" aged 18 to 45 between October 2021 and March 2023. "We found no evidence of a positive association of COVID-19 vaccination with unexplained sudden death among young adults," the research group said in a study published in the Indian Journal of Medical Research. "At the same time, family history of sudden death, hospitalisation for COVID-19 and lifestyle behaviours such as recent binge drinking and vigorous-intensity physical activity were risk factors for unexplained sudden death." ICMR researchers identified 29,171 sudden deaths and scrutinised the records of 729 of the cases as well as 2,916 "control" subjects as part of their investigation, the group said. Many Indian hospitals ran out of beds during the peak of the COVID crisis and many people died at home.

Persons: Asmita Koladiya, Jiyanshi Gaurang, Amit Dave, Krishna N, Robert Birsel Organizations: REUTERS, Indian, of Medical Research, Thomson Locations: Lodhida, Rajkot district, Gujarat, India, DELHI, COVID

☆ South Africa at the 2023 World Cup
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] Cricket - ICC Cricket World Cup 2023 - South Africa v Afghanistan - Narendra Modi Stadium, Ahmedabad, India - November 10, 2023 South Africa's Gerald Coetzee celebrates with Rassie van der Dussen after taking the wicket of Afghanistan's Noor Ahmad REUTERS/Amit Dave/ File Photo Acquire Licensing RightsNov 14 (Reuters) - Following are facts and figures about South Africa, who face record five-time champions Australia in the World Cup semi-finals on Thursday:World ranking: 3Captain: Temba BavumaCoach: Rob WalterTop-ranked batsman: Quinton de Kock (3)Top-ranked bowler: Keshav Maharaj (2)Top scorer: Quinton de Kock (591 runs, second)Top wicket-taker: Gerald Coetzee (18 wickets, third)Best result: Semi-finalist (1992, 1999, 2007, 2015)2019 result: Did not qualify for the knockout stages after finishing seventhSquad: Temba Bavuma (captain), Gerald Coetzee, Quinton de Kock, Reeza Hendricks, Marco Jansen, Heinrich Klaasen, Keshav Maharaj, Aiden Markram, David Miller, Lungi Ngidi, Andile Phehlukwayo, Kagiso Rabada, Tabraiz Shamsi, Rassie van der Dussen, Lizaad WilliamsROAD TO SEMI-FINALSv Sri Lanka: won by 102 runsv Australia: won by 134 runsv Netherlands: lost by 38 runsv England: won by 229 runsv Bangladesh: won by 149 runsv Pakistan: won by one wicketv New Zealand: won by 190 runsv India: lost by 243 runsv Afghanistan: won by five wicketsCompiled by Pearl Josephine Nazare in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Narendra Modi, Gerald Coetzee, Rassie van der, Afghanistan's Noor Ahmad REUTERS, Amit Dave, Temba, Rob Walter Top, Quinton de Kock, Keshav Maharaj, Temba Bavuma, Quinton de, Reeza Hendricks, Marco Jansen, Heinrich Klaasen, Aiden Markram, David Miller, Lungi, Andile, Kagiso, Tabraiz, Lizaad Williams, Pearl Josephine Nazare, Peter Rutherford Organizations: Cricket, ICC Cricket, Australia, Sri Lanka, England, Bangladesh, Pakistan, New Zealand, India, Thomson Locations: South Africa, Afghanistan, Ahmedabad, India, Quinton de Kock, Netherlands, Bengaluru

☆ India's ONGC posts 20% drop in quarterly profit on lower crude prices
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

The logo of Oil and Natural Gas Corp's (ONGC) is pictured along a roadside in Ahmedabad, India, September 6, 2016. REUTERS/Amit Dave/File Photo Acquire Licensing RightsBENGALURU, Nov 10 (Reuters) - India's state-run Oil and Natural Gas Corp (ONGC) (ONGC.NS) on Friday posted a more than 20% drop in second-quarter profit, dragged down by lower prices for crude oil. The company's profit fell to 102.16 billion Indian rupees ($1.23 billion) for the quarter ended Sept. 30, compared with 128.26 billion rupees a year earlier. ONGC's total crude oil production fell 2.1% to 5.25 million metric tons (MMT), while total gas production dropped 2.8%. Oil India (OILI.NS) reported a more than 80% drop in second-quarter profit on Wednesday as it set aside 23.63 billion rupees for an ongoing litigation.

Persons: Amit Dave, Nishit Navin, Anil D'Silva Organizations: Gas, REUTERS, Rights, Natural Gas Corp, Oil, Sethuraman, Thomson Locations: Ahmedabad, India, Oil India, Bengaluru

☆ US commits $553 mln financing for Adani terminal venture at Colombo port
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, India, February 2, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsCOLOMBO, Nov 8 (Reuters) - The U.S. International Development Finance Corporation (DFC) said it will provide $553 million financing for a Colombo port terminal project, partly owned by India's Adani Group, advancing the first foray by an Indian company into the sector. Ports-to-edible oils Adani group, controlled by Indian billionaire Gautam Adani, holds a 51% stake in the west container terminal of the port, which also has a terminal run by China Merchants Port Holdings Co Ltd (0144.HK). India extended about $4 billion in swaps and credit lines to Sri Lanka last year, providing critical support to import fuel, medicine and fertiliser during the worst of the crisis. Sri Lankan conglomerate John Keells Holdings owns 34% of the WCT and the rest is held by the state-run Sri Lanka Ports Authority (SLPA).

Persons: Amit Dave, Gautam Adani, Scott Nathan, Uditha Jayasinghe, Kim Coghill Organizations: Adani, REUTERS, Rights, U.S . International Development Finance Corporation, India's Adani, China Merchants Port Holdings Co, HK, West, John Keells Holdings, WCT, Sri Lanka Ports Authority, Thomson Locations: Ahmedabad, India, Colombo, Indian, Sri Lanka, China, Sri

☆ India to extend free food grains programme by five years, says Modi
▼ + stars: | 2023-11-04 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave/File Photo Acquire Licensing RightsMUMBAI, Nov 4 (Reuters) - India is planning to extend its free food grains programme by five years, Prime Minister Narendra Modi said on Saturday, as the government tries to shield consumers from rising prices of cereals ahead of a general election early next year. The grains programme, estimated to cost the government around 2 trillion rupees ($24.06 billion) this year, was due to expire at the end of the year. India, the world's second-largest producer of wheat and rice, has restricted exports of both cereals to curb rising prices at home. Global rice prices jumped to a 15-year high after India, the world's biggest rice exporter that accounts for more than 40% of global rice exports, curbed exports of non-basmati rice varieties in July. India last year banned wheat exports in a surprise move after a heat wave curtailed output.

Persons: Amit Dave, Narendra Modi, Modi, Rajendra Jadhav, Clelia Organizations: Agriculture, REUTERS, Rights, Thomson Locations: Ahmedabad, India, Rights MUMBAI, New Delhi, Durg, Chhattisgarh, Mumbai, Delhi

☆ Yellen says US GDP is a 'good strong number', may keep bond yields higher
▼ + stars: | 2023-10-26 | by ( David Lawder | ) www.reuters.com time to read: +2 min

"It's a good strong number and shows the economy is doing well," Yellen said at a Bloomberg live interview event. She dismissed suggestions that higher bond yields may be due to worries about rising U.S. deficits or worries about a recession. Yellen said that the U.S. debt servicing burden would be a "bigger challenge if the interest rate path stays higher." She has maintained that the real interest rate costs for the federal government have remained close to 1% of GDP, a manageable level. "The higher the interest rate path, the more that we need to do" on deficit reduction, she said.

Persons: Janet Yellen, Amit Dave, Yellen, Joe Biden's, David Lawder, Daniel Burns, Franklin Paul, Jonathan Oatis Organizations: Treasury, Central Bank governors, REUTERS, Rights, . Treasury, Bloomberg, Commerce Department, Social Security, Thomson Locations: Gandhinagar, India, U.S

☆ India aims to send astronaut to the moon by 2040
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNEW DELHI, Oct 17 (Reuters) - India aims to send an astronaut to the moon by 2040, the government said on Tuesday, as Prime Minister Narendra Modi issued instructions to the space department that include plans for a space station by 2035. After that success, India launched a rocket to study the sun and is scheduled conduct a test later this week as part of its crewed space mission. "Prime minister directed that India should now aim for new and ambitious goals, including setting up 'Bharatiya Antariksha Station' (Indian Space Station) by 2035 and sending first Indian to the moon by 2040," the government said in a statement. "To realize this vision, the Department of Space will develop a roadmap for moon exploration," it added.

Persons: Amit Dave, Narendra Modi, Modi, Shivam Patel, Robert Birsel Organizations: REUTERS, Bharatiya, Department of Space, Thomson Locations: Gujarat Science City, Ahmedabad, India, DELHI

☆ Indian wheat prices at 8-month high on festival demand, tight supply
▼ + stars: | 2023-10-17 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave/File Photo Acquire Licensing RightsMUMBAI, Oct 17 (Reuters) - Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills. Rising wheat prices could contribute to food inflation. Wheat prices in New Delhi jumped by 1.6% on Tuesday to 27,390 rupees ($329) per metric ton, the highest since Feb. 10. "Festival season demand is driving up wheat prices. As of Oct. 1, wheat stocks in government warehouses stood at 24 million metric tons, sharply down compared with a five-year average of 37.6 million tons.

Persons: Amit Dave, Pramod Kumar S, Sanjeev Chopra, Ashwini Bansod, Bansod, Rajendra Jadhav, Robert Birsel Organizations: Agriculture, REUTERS, Rights, Federation, Phillip Capital India, Ltd ., El, Thomson Locations: Ahmedabad, India, Rights MUMBAI, New Delhi, Ltd . India, Mumbai

☆ India wants to host summer Games in 2036, says PM Modi
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave/File Photo Acquire Licensing RightsOct 14 (Reuters) - India is interested in hosting the Olympic Games in 2036, Prime Minister Narendra Modi said on Saturday at the opening ceremony of the International Olympic Committee (IOC) session in Mumbai. "India will leave no stone unturned in our efforts to organise the Olympics in India in 2036. India is among several nations eyeing future Games, with Paris set to host the 2024 summer Olympics and Los Angeles picked for the 2028 Games. Modi also said India would look to host the Youth Olympics in 2029. "Sport is not just about winning medals but also winning hearts," he said.

Persons: Arun Haryani, Amit Dave, Narendra Modi, Modi, Andrzej Duda, Rohith Nair, Maria Ponnezhath, Mark Potter, Hugh Lawson, Toby Davis Organizations: Tokyo, REUTERS, Olympic Games, International Olympic Committee, Commonwealth Games, IOC, Cricket, Youth Olympics, Thomson Locations: Ahmedabad, India, Mumbai, Delhi, Paris, Los Angeles, Brisbane, Australia, Indonesia, Mexico, Bengaluru

☆ Arthur hurt by absence of Pakistan fans in Ahmedabad
▼ + stars: | 2023-10-14 | by ( Amlan Chakraborty | ) www.reuters.com time to read: +2 min

Soured political relations between the Asian neighbours has further complicated the issue and the Pakistan Cricket Board has asked the governing International Cricket Council (ICC) to sort out visa delays for their fans and media travelling to India. "It didn't seem like an ICC event to be brutally honest," the former Australia coach said after Pakistan's seven-wicket loss. "I didn't hear 'Dil Dil Pakistan' coming through the microphones too often tonight," he said referring to the unofficial anthem for the country. Asked if it was right for a World Cup, Arthur said: "Look, I don't think I can comment on that just yet. Reporting by Amlan Chakraborty in Ahmedabad; editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Narendra Modi, Pakistan's Saud Shakeel, India's Kuldeep Yadav, Amit Dave, Mickey Arthur, Arthur, I'm, Arthur said, Amlan Chakraborty, Toby Davis Organizations: Cricket, ICC Cricket, DRS, Rights, Narendra, Pakistan Cricket Board, International Cricket Council, ICC, BCCI, Thomson Locations: India, Pakistan, Ahmedabad, Rights AHMEDABAD, Australia

Quite a few of the hospitals have seen a sudden influx of patients booked in for check-ups involving a night's stay to coincide with the most anticipated match of the World Cup. The Ahmedabad Hospitals and Nursing Homes Association has discouraged its members from accommodating such fans. India and Pakistan head into the showdown having both won their opening two matches at the tournament. The city has been declared a 'no-drone zone' on Saturday, and 11,000 security personnel will be deployed for the high-profile match, Ahmedabad police commissioner GS Malik said. On their first tour of India since the 2016 T20 World Cup, Pakistan were accorded a warm welcome in Hyderabad, where they played their first two matches.

Persons: Sardar Vallabhbhai Patel, Pakistan's Shaheen Shah Afridi, Amit Dave, Tushar Patel, Bharat Gadhavi, Hemish Patel, Patel, Airfare, Narendra Modi, Donald Trump, Anthony Albanese, GS Malik, Shaheen Afridi, Jasprit, Liyakat Khan, Samiya, Hasan Ali, Khan, Amlan Chakraborty, Ken Ferris Organizations: Cricket, ICC Cricket, Pakistan cricket team, India, India REUTERS, Ahmedabad Medical Association, Reuters, Nursing Homes Association, THREE, Control, BCCI, Australia, Pakistan, Asia, Indian Express, Thomson Locations: Ahmedabad, India, DELHI, AHMEDABAD, Pakistan, Indian, Mumbai, Hyderabad, Sri Lanka, New Delhi

☆ Indian inflation seen easing to 5.50% in Sept on softening food price rises: Reuters poll
▼ + stars: | 2023-10-10 | by ( Milounee Purohit | ) www.reuters.com time to read: +2 min

Rises in food prices, which make up about half the consumer price index (CPI), continue to cool from recent peaks after the Indian government enacted a series of measures to boost supply. "Having said that, the persistent part of the food inflation problem remains there, which is cereals, pulses and spices, and I think the RBI can't do much about it anyway." Rising crude oil prices are also likely to keep inflation elevated in the world's third-largest oil importer. Oil prices rose around 3% on Monday to trade around $90 a barrel. "Oil prices ... are likely to remain high over the remainder of the year on global supply concerns," said Alexandra Hermann at Oxford Economics.

Persons: Amit Dave, Dhiraj Nim, Alexandra Hermann, Milounee Purohit, Anant Chandak, Veronica Khongwir, Hari Kishan, Mark Potter Organizations: REUTERS, Reserve Bank of India's, CPI, ANZ Research, Oxford, Inflation, Thomson Locations: Ahmedabad, India, BENGALURU

☆ Indian billionaire Ambani's Reliance Retail to raise $598 mln from ADIA
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave/File Photo Acquire Licensing RightsBENGALURU, Oct 6 (Reuters) - Billionaire Mukesh Ambani's Reliance Retail Ventures said on Friday it would raise 49.67 billion rupees ($598 million) from the Abu Dhabi Investment Authority, in the latest bet on India's largest retailer ahead of a potential stock market listing. "Reliance Retail has demonstrated strong growth and adaptability in a market that is evolving at an unprecedented pace," said Hamad Shahwan Aldhaheri, executive director of the private equities department at ADIA. The investment comes as Reliance set an internal target to raise $3.5 billion. ADIA and Singapore's GIC had invested $664 million each into the retail unit in 2020 as Reliance sold a 10.09% stake at a valuation of 4.68 trillion rupees. Morgan Stanley acted as financial adviser to Reliance Retail Ventures for the ADIA deal.

Persons: Amit Dave, Mukesh, Hamad Shahwan Aldhaheri, Singapore's GIC, Ambani, Morgan Stanley, Chris Thomas, Maju Samuel Organizations: Reliance Industries, REUTERS, Rights, Retail Ventures, Abu Dhabi Investment Authority, ADIA, Reliance, KKR, Qatar Investment Authority, Reuters, Saudi Arabia's Public Investment Fund, Reliance Retail Ventures, Thomson Locations: Ahmedabad, India, Abu Dhabi, ADIA, Singapore, Saudi Arabia, Bengaluru

☆ Cricket-crazy fans set to add a kicker to India's economy as world cup begins
▼ + stars: | 2023-10-06 | by ( Ira Dugal | ) www.reuters.com time to read: +3 min

The cricket frenzy set to hit India as the International Cricket Council's World Cup begins in a nation of cricket-crazy fans is expected to give a short boost to the country's economy as consumers splurge to enjoy their favorite sport. "The World Cup has the potential to boost India’s GDP, more so because it coincides with the festive season," Sabnavis said. India last hosted the world cup in 2011, when 1.2 million people attended matches, according to data from brokerage house Jefferies. "On India match days, fares have shot up on average by150% for select hotels and 80% for select flights compared with the prior week," said Jefferies in a note this week. "We expect companies to run world-cup specific promotions on match days to tap this consumption boost."

Persons: Narendra Modi, Sachin Tendulkar, Amit Dave, Madan Sabnavis, Sabnavis, Jefferies, Rajesh Magow, Baroda's Sabnavis, Ira Dugal, Lincoln Organizations: Cricket, ICC Cricket, New Zealand, Narendra, Rights, International Cricket, Bank of Baroda, Hospitality, Reuters Graphics Online, homestays, Baroda's, Thomson Locations: England, New, Ahmedabad, India, Rights MUMBAI, Western India, Pakistan

☆ Treasury's Yellen says US overdependent on China for critical supply chains
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsWASHINGTON, Oct 3 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday the United States has become overly dependent on China for critical supply chains, particularly in clean energy products and needs to broaden out sources of supply. Yellen, speaking at a Fortune CEO event in Washington, repeated her longstanding view that the United States does not want to decouple economically from China. "We're fooling ourselves if we think that abandoning, for all practical purposes, semiconductor manufacturing, is a smart strategy for the United States," Yellen said. Reporting by David Lawder and Kanishka Singh in Washington; editing by Jonathan Oatis and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Amit Dave, Yellen, David Lawder, Kanishka Singh, Jonathan Oatis, Deepa Babington Organizations: Treasury, Central Bank governors, REUTERS, Rights, . Treasury, United, Thomson Locations: Gandhinagar, India, United States, China, Washington, U.S

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