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Cook will meet Modi on Wednesday in New Delhi, said the two sources, who included an Indian government official. One of the sources added the Apple chief would also meet India's deputy IT minister Rajeev Chandrasekhar. Modi's office declined to comment, while Apple and the IT ministry did not immediately respond to requests for comment. The sources did not elaborate, but Cook's meetings come amid Apple's growing focus on India, the world's second-largest smartphone market. The Mumbai store is in the premier Reliance Jio World Drive mall, home to luxury clothing and jewellery brands like Michael Kors, Kate Spade and Swarovski.
PM Modi: India's econmic, banking systems are strong
  + stars: | 2023-03-18 | by ( ) www.reuters.com   time to read: 1 min
NEW DELHI, March 18 (Reuters) - India's economic and banking system are strong even amid the turmoil currently rocking global markets, Prime Minister Narendra Modi said on Saturday. "Amidst a global crisis, today India’s economic system is strong, the banking system is strong. This is the power of our institutions," Modi said at an India Today gathering. While authorities have rescued lenders on the edge, the turmoil has spurred worries about what may be lurking in the wider global financial system. Reporting by Nidhi Verma and Krishn Kaushik Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
[1/6] A man arranges the flags kept outside the venue for G20 foreign ministers’ meeting in New Delhi, India, March 2, 2023. European and U.S. delegates, in New Delhi for the foreign ministers' meeting, have however reiterated that they hold Russia responsible for the conflict, with Germany saying it would use the meeting to counter Russian "propaganda". "You are meeting at a time of deep global divisions," Modi said in a video message as the talks began. The foreign ministers' meeting comes days after a meeting of the G20 finance chiefs that was also dominated by war. The New Delhi meeting is being attended by 40 delegations, including those headed by Russian Foreign Minister Sergei Lavrov, U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Qin Gang.
Indian PM Modi urges G20 to focus on unsustainable debt
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +1 min
MUMBAI, Feb 24 (Reuters) - The financial viability of many countries is being threatened by unsustainable debt, India's Prime Minister Narendra Modi said on Friday, as he called for the Group of 20 (G20) to focus on the world's most vulnerable citizens. Even the financial viability of many countries is threatened by unsustainable debt levels," Modi said. Many societies are suffering due to rising prices," Modi said in his address to delegates. Reuters reported last week that India is drafting a proposal for G20 countries to help debtor nations by asking lenders, including China, the world's largest sovereign creditor, to take a large haircut, or accept losses, on loans. Reporting by Swati Bhat and Shilpa Jamkhandikar; editing by Sudipto Ganguly, Robert BirselOur Standards: The Thomson Reuters Trust Principles.
NEW DELHI, Feb 10 (Reuters) - Indian Prime Minister Narendra Modi’s enormous popularity remains intact despite the biggest political attack on him in years as rivals accuse his government of giving undue favours to the Adani Group, approval ratings showed on Friday. Without referring to Adani, Modi told parliament this week that the "blessings of 1.4 billion people in the country are my protective cover and you can't destroy it with lies and abuses", as opposition lawmakers chanted "Adani, Adani". Data from polling agency C-Voter, shared with Reuters, seems to suggest support for the prime minister has not waned, although the survey did not refer to the Adani issue. Almost half of those surveyed until Feb. 5 were "very much satisfied" with Modi’s work as prime minister and a further 30% said they were "satisfied to some extent". Rivals accuse Modi and the BJP of longstanding ties with the apples-to-airports Adani Group, going back nearly two decades when Modi was chief minister of the western state of Gujarat.
"Depending on the outcome of the MSCI review, we could see more pressure on select Adani group stocks." "MSCI has determined that the characteristics of certain investors have sufficient uncertainty that they should no longer be designated as free float ... This determination has triggered a free float review of the Adani Group securities," it added. Adani group did not respond to a Reuters request for comment. Adani Transmission (ADAI.NS), Adani Total Gas (ADAG.NS) and Adani Power (ADAN.NS) were each down 5%, while Adani Ports and Special Economic Zone (APSE.NS) were down nearly 2.9%.
Indian tycoon Gautam Adani's companies have lost over $110 billion in market value since a US short seller attack in January. Even Modi has been dragged into the kerfuffle — since both he and Adani are from the western Indian state of Gujarat. The prime minister's political opponents say that the leader favors Adani — a claim the Modi government has rejected, per Reuters. "The Hindenburg scandal is the perfect weapon for the Indian political opposition against PM Modi. On its part, the Adani Group has been troubleshooting hard.
While the Adani Group has condemned the report as “baseless” and “malicious,” investor questions about its claims linger, and the fallout is growing. Gautam Adani is a 60-year-old tycoon who founded the Adani Group more than 30 years ago. The firm said it had taken a short position in Adani Group companies, meaning it would benefit from a drop in their value. Stocks of most Adani Group companies slumped again on Friday. Indian banks that hold Adani Group assets could also be affected if the value of those holdings continues to drop.
New Delhi CNN —India has banned a BBC documentary critical of Prime Minister Narendra Modi’s alleged role in deadly riots more than 20 years ago from being shown in the country, in a move critics decried as an assault on press freedom. CNN has contacted Twitter and YouTube for comment but is yet to hear back. The two-part documentary “India: The Modi Question,” criticizes Modi, who was the chief minister of the western state of Gujarat in 2002 when riots broke out between the state’s majority Hindus and minority Muslims. The Indian government had declined to reply when contacted by the BBC, the statement added. The documentary explores an unpublished British government report obtained by the BBC, which the British public broadcaster said came in the form of a diplomatic cable.
India blocks BBC documentary on PM Modi from airing in India
  + stars: | 2023-01-22 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Indian Prime Minister Narendra Modi gestures as he leaves in a car after attending the funeral of his mother Heeraben, in Gandhinagar, India, December 30, 2022. REUTERS/Amit DaveMUMBAI, Jan 22 (Reuters) - India has blocked the airing of a BBC documentary which questioned Prime Minister Narendra Modi's leadership during the 2002 Gujarat riots, saying that even sharing of any clips via social media is barred. While the BBC has not aired the documentary in India, the video was uploaded on some YouTube channels, Gupta said. The government has issued orders to Twitter to block over 50 tweets linking to the video of the documentary and YouTube has been instructed to block any uploads of the video, Gupta said. Last week, a spokesperson for India's foreign ministry termed the BBC documentary a "propaganda piece" meant to push a "discredited narrative".
India says BBC documentary on India PM Modi is "propaganda"
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +2 min
[1/2] India's Prime Minister Narendra Modi waves to his supporters as he arrives to cast his vote during the second and last phase of Gujarat state assembly elections in Ahmedabad, India, December 5, 2022. REUTERS/Amit Dave/File PhotoNEW DELHI, Jan 19 (Reuters) - India's foreign ministry on Thursday dismissed a BBC documentary on Prime Minister Narendra Modi which questioned his leadership during the 2002 Gujarat riots as "propaganda". Accused of failing to stop the rioting, Modi denied the accusations and was exonerated in 2012 following an inquiry by India's top court. Terming the BBC documentary a "propaganda piece" meant to push a "discredited narrative", foreign ministry spokesperson Arindam Bagchi said a "bias", "lack of objectivity", and "continuing colonial mindset" is "blatantly visible" in it. "We offered the Indian Government a right to reply to the matters raised in the series – it declined to respond," a BBC spokesperson said.
Pakistan PM Sharif offers talks with arch-rival India
  + stars: | 2023-01-17 | by ( Asif Shahzad | ) www.reuters.com   time to read: +2 min
ISLAMABAD, Jan 17 (Reuters) - Pakistan Prime Minister Shehbaz Sharif has offered his Indian counterpart talks over all outstanding issues, including disputed Kashmir, which he believes could be facilitated by the United Arab Emirates (UAE). He can play a very important role to bring the two countries on the talking table," Sharif said. The two arch-rival nuclear powers have fought three wars since independence from British rule in 1947. Tensions rose high when India unilaterally revoked the autonomous status of its part of Kashmir later in 2019, which Sharif said resulted in "flagrant" human rights violations. Sharif said the wars between the two countries brought nothing except misery, poverty and unemployment.
NEW DELHI, Dec 26 (Reuters) - Ukraine's President Volodymyr Zelenskiy on Monday said he sought India's help with implementing a "peace formula" in a phone call with Prime Minister Narendra Modi. "I had a phone call with PM Narendra Modi and wished a successful G20 presidency," Zelenskiy wrote on Twitter. "It was on this platform that I announced the peace formula and now I count on India's participation in its implementation." loadingZelenskiy asked the Group of 20 (G20) major economies last month to adopt Ukraine's 10-point peace formula and to end the war. India holds the G20 presidency for a year.
“Today’s era must not be of war,” it said, echoing what Indian Prime Minister Narendra Modi told Russian leader Vladimir Putin during a face-to-face meeting in September. “How India united G20 on PM Modi’s idea of peace,” ran a headline in the Times of India, the country’s largest English-language paper. India's Prime Minister Narendra Modi and Indonesia's President Joko Widodo hold hands during the handover ceremony at the G20 leaders' summit, in Nusa Dua, Bali, Indonesia, November 16, 2022. British Prime Minister Rishi Sunak and India's Prime Minister Narendra Modi hold a bilateral meeting on November 16, 2022 in Nusa Dua, Indonesia. And while this year’s G20 was looked at through the lens of the war, India could bring its own agenda to the table next year.
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