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☆ Modi's government pledges fiscal prudence in India's post-election budget
▼ + stars: | 2024-07-23 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +4 min

Nirmala Sitharaman, India's finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024. India's finance ministry on Tuesday lowered the country's fiscal deficit target to 4.9% for the financial year ending March 2025, a revision from 5.1% during the pre-election interim budget published back in February. That target will then fall to 4.5% or lower for the financial year ending March 2026, India's Finance Minister Nirmala Sitharaman said during the announcements. "This is imperative for attracting foreign investment and sustaining growth," he said, adding that "unprecedented financial support" from the central bank will make the fiscal deficit target possible. "We will endeavor to maintain strong fiscal support for infrastructure over the next five years, in conjunction with imperatives of other priorities and fiscal consolidation."

Persons: Nirmala Sitharaman, Vipul Bhowar, Narendra Modi's, Sitharaman, Hajra, Anand Rathi, Modi's Organizations: Bloomberg, Getty, India's, Waterfield Advisors, Sitharaman, Narendra Modi's Bharatiya Janata Party, Stock Brokers, CNBC, Modi's Bharatiya Janata Party, Centre, Monitoring, BSE, U.S . Locations: New Delhi, India, Mumbai, Bihar, Andhra Pradesh

☆ Narendra Modi sworn in for third term as India's prime minister in pictures
▼ + stars: | 2024-06-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Narendra Modi begins third term as India's prime minister after election victory. Modi's Bharatiya Janata Party won 240 seats, forming a coalition for a parliamentary majority. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNarendra Modi has been sworn in for a third term as India's prime minister after winning the election but losing a parliamentary majority on Friday. Modi, 73, has been forced to form a coalition government as leader of the BJP-led National Democratic Coalition, which together controls 293 seats.

Persons: Narendra Modi, —, Modi Organizations: Modi's Bharatiya Janata Party, Rashtrapati Bhavan, Service, Bharatiya Janata Party, BJP, National Democratic Coalition, Business Locations: New Delhi

India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.

Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend

Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Asia-Pacific markets were mixed as investors assessed India's election results after Prime Minister Narendra Modi's Bharatiya Janata Party fell short of an outright majority in the lower house of parliament. Still, Modi is set for a third term in power after the BJP-led National Democratic Alliance secured 294 seats, more than the 272 needed for the coalition to form the government. Elsewhere, first-quarter gross domestic product figures are expected out of Australia.

Persons: Narendra Modi, Narendra Modi's, Modi Organizations: Indian, Bharatiya Janata Party, BJP, Narendra Modi's Bharatiya Janata Party, National Democratic Alliance Locations: New Delhi, India, Asia, Pacific, Australia

☆ India's Narendra Modi declares victory despite election blow
▼ + stars: | 2024-06-04 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

India's Prime Minister Narendra Modi (C) flashes victory sign as he arrives at the Bharatiya Janata Party (BJP) headquarters to celebrate the party's win in country's general election, in New Delhi on June 4, 2024. Indian Prime Minister Narendra Modi declared victory in the country's election late on Tuesday, despite his party looking set to lose its outright majority, leaving him reliant on smaller regional parties. The wider BJP-led National Democratic Alliance (NDA) looks set to win a combined 294 parliamentary seats, according to local media. "People have placed their faith in NDA, for a third consecutive time! This is a historical feat in India's history," Modi said on X as counting was nearing a conclusion.

Persons: Narendra Modi, —, Modi Organizations: India's, Bharatiya Janata Party, BJP, Indian, National Democratic Alliance Locations: New Delhi

☆ Narendra Modi: On the campaign trail with India’s popular yet divisive leader
▼ + stars: | 2024-05-01 | by ( Will Ripley | ) edition.cnn.com time to read: +6 min

Narendra Modi, India’s hugely popular but deeply polarizing prime minister, has landed in the battleground state of Uttar Pradesh as he campaigns for a third consecutive term in power. A Modi supporter at his rally in Aligarh, India, on April 22, 2024. And here in Uttar Pradesh, a sense of pride is evident among the thousands gathered to hear the prime minister speak. Supporters wave the flag of Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) in Aligarh, India, on April 22, 20224. John Mees/CNNModi is expected to remain on the campaign trail until India’s next prime minister is named in early June, traversing the huge country, visiting city after city and delivering his roaring speeches that attract the masses.

Persons: Narendra Modi, India’s, Modi, John Mees, “ Modi, ”, Pramod Charma, ” Modi, he’s, –, Gaurav Mahajan, Modi’s, Narendra Modi's, CNN Modi, Narayan Pachaury, “ Organizations: India CNN, Win, CNN, Bharatiya Janata Party, BJP spokespeople, selfies, Modi, Narendra Modi's Bharatiya Janata Party, BJP Locations: Aligarh, India, Uttar Pradesh, New Delhi, Russia, Gujarat, Rajasthan

☆ CNBC's Inside India newsletter: A $270 billion gamble on green?
▼ + stars: | 2024-04-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Solar panels stand at the Welspun Energy solar power plant in Neemuch, Madhya Pradesh, India. One sector in particular — electrical power transmission — will see $270 billion in financial benefits, according to Goldman Sachs. While utilities like the Power Grid Corporation of India may be perceived as unsexy, compared to growth stocks like Tesla, India plans to promote renewable energy without the taxpayer spending a single rupee. The country has added about 70 gigawatts of solar power capacity over the past decade without piling on further costs by simply maximizing the grid's usage. Currently, state governments in India levy surcharges and taxes on every unit of carbon-intensive energy transmitted through the grid.

Persons: Vivek Prakash, Elon Musk, Narendra Modi, Goldman Sachs, It's, Vinay Dwivedi, India Anna Dravida, Vinay, Modi, Mohamed Muizzu's, Jamie Dimon, Modi's Organizations: Bloomberg, Getty, U.S, Power Grid Corporation of India, Goldman, Companies, Reliance Industries, Adani Enterprises, Tamil Nadu —, Dravida Munnetra Kazhagam, India Anna Dravida Munnetra Kazhagam, CNBC, Modi's Bharatiya Janata Party, Vodafone Idea, Vodafone, West, Economic, of New, JPMorgan, CNBC Pro, we'll Locations: Neemuch, Madhya Pradesh, India, Tamil Nadu, Dravida, New Delhi, Maldives, China, Beijing, West Indies, Pakistan, U.S, of New York

☆ U.S. tech CEOs give India PM Modi boost ahead of election
▼ + stars: | 2024-04-18 | by ( Seema Mody | ) www.cnbc.com time to read: +2 min

The ironclad relationship that India Prime Minister Narendra Modi has developed with CEOs of the largest U.S. tech companies is giving his nation the foreign support that India has craved for more than a decade. The promise of further economic growth in India as China's economy slows has led many American CEOs to support Modi's policies. Ahead of the election, Apple's expansion into India in particular has given Modi political clout and created more investing interest among U.S. companies, experts told CNBC. Modi has established an ongoing dialogue with a range of powerful Silicon Valley CEOs as India's national election starts. The election, which will end in early June, is expected to see more than 960 million citizens vote.

Persons: Sundar Pichai, Tim Cook, Narendra Modi, Manjari Chatterjee Miller, Modi, India's, –, Pravin Krishna, Chung Ju Yung Organizations: Apple, Washington , D.C, India, Indian, CNBC, Council, Foreign Relations, Johns Hopkins University, Bharatiya Janata Party Locations: Washington ,, India, Washington, Beijing, Pakistan, South Asia, Modi's

☆ India Court Effectively Bans Madrasas in Big State Before Election
▼ + stars: | 2024-03-23 | by ( March | At A.M. | ) www.usnews.com time to read: +4 min

India holds a general election between April and June that Modi's Bharatiya Janata Party (BJP) is widely expected to win. The BJP's Tripathi responded that Muslim BJP leaders had no reason to fear because their community equally benefits from various government welfare programmes. Friday's order applies to all madrasas in the state, whether funded privately or by the government, Javed said. The court did not give a timeline for its order, but Javed said madrasas are unlikely to be closed right away. The northeastern state of Assam, also ruled by the BJP, has been converting hundreds of madrasas into conventional schools.

Persons: Saurabh Sharma, Krishna, Narendra Modi's, Iftikhar Ahmed Javed, Subhash Vidyarthi, Vivek Chaudhary, Anshuman Singh Rathore, Rathore, Modi, Ram, Babur, Rakesh Tripathi, madrasas, Sudhanshu Chauhan, Javed, Tripathi, Krishna N, William Mallard Organizations: Das NEW, Bharatiya Janata Party, BJP, Pradesh BJP, madrasas, Das Locations: Das NEW DELHI, India, Uttar Pradesh, Allahabad, Pradesh, Assam, New Delhi

☆ India to hold the world's biggest election starting April in over a month-long exercise
▼ + stars: | 2024-03-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Around 970 million registered voters are expected to cast their votes for India's next prime minister. India will hold the world's largest general elections starting April this year with nearly a billion voters set to exercise their franchise. The seven-stage election process will start from April 19 and last till June 1, 2024, according to the schedule announced by the Election Commission of India. The country has about 970 million registered voters. Since Modi won a second term in the 2019 general election, India has seen the economy strengthen, with Indian equity benchmarks hitting record highs.

Persons: India's, Narendra Modi's, Modi, Rajiv Kumar, Krishnamurthy Subramanian Organizations: India, India's, Narendra Modi's Bharatiya Janata Party, BJP, WealthMills Securities, CNBC, BSE, International Monetary Fund, U.S, White House Locations: India, BJP, Hong Kong, China

☆ Indian State's Polygamy Ban Divides Some Muslim Women
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +4 min

For others like Jafar, Muslim politicians and Islamic scholars, it is an unwelcome stunt by Prime Minister Narendra Modi's Hindu nationalist party. A 2013 survey found 91.7% of Muslim women nationwide saying a Muslim man should not be allowed to have another wife while married to the first. The Supreme Court in 2017 found the Islamic instant divorce unconstitutional, but the order did not ban polygamy or some other practices that critics say violate equal rights for women. The All India Muslim Personal Law Board called the code impractical and a direct threat to a multi-religious Indian society. "Banning polygamy makes little sense because data shows very few Muslim men have more than one wife in India," said board official S.Q.R.

Persons: Bano, Sadaf Jafar, Jafar, Narendra Modi's, Modi's, Ilyas, Rupam Jain, William Mallard Organizations: DELHI, Reuters, Modi's Bharatiya Janata Party, BJP, SOCIETY BJP, Islam Locations: Islam, Uttarakhand, India's, India, Uttar Pradesh

☆ Temple Tourism Set to Soar Under India's Modi
▼ + stars: | 2024-01-22 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

In comparison, about 9 million people visit Vatican City in a year and about 20 million Mecca. Since Modi inaugurated the Hindu pilgrimage site of Kashi Vishwanath Corridor on the banks of the Ganges in 2021 in his constituency of Varanasi, more than 130 million tourists have visited the area, according to government data. With nearly $200 billion in revenue, tourism contributes about 7% of India's economy, which is below most large emerging and developed economies by up to 5 percentage points. The new temple and renovations of many others are likely to greatly boost the electoral prospects of the Hindu nationalist party of Modi, who is widely expected to win a rare third straight term in general elections due by May. Muslims account for about 14% of India's population of 1.42 billion, most of them Hindus.

Persons: Krishna, Narendra Modi, Modi, Lord Ram, Monday's, Modi's, Sandeep Shastri, Krishn Kaushik, Ed Osmond Organizations: Das NEW, Indian, Monday, Jefferies, Analysts, Modi's Bharatiya Janata Party, BJP, Ministry Locations: Das NEW DELHI, Ayodhya, Vatican, Kashi Vishwanath, Varanasi, India's, Uttar Pradesh, New Delhi

☆ New Mosque Construction in India's Ayodhya to Begin in May, Muslim Group Says
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

The dispute had scarred relations between the communities for decades and the destruction of the mosque sparked nationwide riots that killed 2,000 people, mostly Muslims. India's top court said in 2019 that the razing of the mosque was unlawful, but ruled that evidence showed there was a non-Islamic structure beneath it. It ordered that the site be given to Hindu groups to build a temple and Muslim community leaders be given land elsewhere in the city for constructing a mosque. While construction of the $180 million temple began within months and the first phase is set to open on Monday, Muslim groups have struggled to raise funds and begin work at a desolate site about 25 km (15 miles) away. A crowd-funding website is expected to be launched in the coming weeks, said Shaikh, who is also a BJP leader.

Persons: Shivam Patel, Haji Arfat Shaikh, Ram, Zufar Ahmad Faruqi, Narendra Modi's, Athar Hussain, Shaikh, Muhammed bin Abdullah, Prophet Mohammad, Babur, YP Rajesh, Raju Gopalakrishnan Organizations: DELHI, Islamic Cultural Foundation, Narendra Modi's Bharatiya Janata Party, BJP, YP Locations: Indian, Ayodhya, India's, India, Babri

☆ Indian markets are ‘priced to perfection'— unlikely to rise much ahead of elections
▼ + stars: | 2024-01-16 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

Indian equity benchmarks the Nifty 50 and BSE Sensex have rallied by more than 6% since the state elections. The Indian stock markets rallied to new highs in 2023 on the back of bullish investors and stronger domestic participation. But analysts warn that the level of optimism seen last year will not be replicated before the general election concludes. Both the Nifty and Sensex hit record highs of 22,081.95 and 73,000, respectively, during Asia's Monday afternoon trading session. In the past five general elections, Indian markets have climbed an average 18% six months prior, 8% three months before, 2% in the months after the results, and 10% half a year later, said Shantanu Bhargava, managing director and head of listed investments at Waterfield Advisors.

Persons: Narendra Modi's, Sensex, Peeyush Mittal, Mittal, Shantanu Bhargava Organizations: BSE Sensex, Narendra Modi's Bharatiya Janata, BJP, Matthews Asia, CNBC, Waterfield Advisors

"After these results, it looks like there is no stopping Modi," said Yashwant Deshmukh, poll expert with C-Voter agency, adding that stopping Modi would be a "herculean task". The BJP won the regional votes in three of four major states, including central Rajasthan and Chhattisgarh which were ruled by Congress. One of the challenges facing the opposition are the factious ties within the INDIA alliance. Congress refused to share seats in state polls with key regional ally the Samajwadi Party. "The future of the alliance is good if the Congress party works on it with full commitment," he said.

Persons: India's, Narendra Modi, of Home Affairs Amit Shah, Narendra Modi's, Modi, Yashwant Deshmukh, Rahul Gandhi, Manish Tewari, Manoj Kaka, Gandhi, Baijayant Panda, Saurabh Sharma, Miral Organizations: Bharatiya Janata Party, BJP, Indian, Union, of Home Affairs, Narendra Modi's Bharatiya Janata Party, Voter, Congress, Reuters, Samajwadi Party, Thomson Locations: Ahmedabad, India, DELHI, Britain, Rajasthan, Chhattisgarh, Karnataka, INDIA, Lucknow

☆ India's ruling BJP, opposition Congress in tight race to win state elections-exit polls
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

Three of the five states in contention have witnessed a tough battle between Modi's Bharatiya Janata Party (BJP) and the Congress party. BJP has been in power in one of the states, Congress in two, and regional parties in the remaining two. At least nine exit polls predicted Congress party's victory in mineral-rich Chattisgarh and Telangana state. A regional party was set to win again in the northeastern state of Mizoram, according to two exit polls. Politicians and analysts also note that state elections do not always influence the outcome of the general elections or indicate national voter mood.

Persons: Stringer, Narendra Modi's, Rupam, Gareth Jones Organizations: REUTERS, Modi's Bharatiya Janata Party, BJP, India Today, Thomson Locations: Rajasthan, Ajmer, India, DELHI, Madhya Pradesh, Telangana, Chhattisgarh, Mizoram

☆ Indian states vote in key test for Modi and rivals ahead of 2024 general election
▼ + stars: | 2023-11-07 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

[1/2] Indian Prime Minister Narendra Modi attends an Innovation conference with Israeli and Indian CEOs in Tel Aviv, Israel, July 6, 2017. Modi and leaders of the main opposition Congress party headed by Rahul Gandhi have criss-crossed the five states, addressing campaign rallies and promising cash doles, farm loan waivers, subsidies and insurance covers, among others, to woo voters. But surveys suggest Modi remains popular after a decade in power and will likely win a third term. Votes in all five states will be counted on Dec. 3 and results expected the same day. The elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram states are mainly a contest between BJP and Congress.

Persons: Narendra Modi, Oded, Narendra Modi's, Modi, Rahul Gandhi, Gandhi, Raman Singh, Singh, Sachin, YP Rajesh, Simon Cameron, Moore Organizations: Indian, REUTERS, Modi's Bharatiya Janata Party, Developmental Inclusive, BJP, Congress, Reuters, YP, Thomson Locations: Tel Aviv, Israel, DELHI, Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, Mizoram

☆ Indian States Vote in Key Test for Modi and Rivals Ahead of 2024 General Election
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Rupam JainNEW DELHI (Reuters) - Two of five Indian states due to elect new legislatures this month began voting on Tuesday, a big test of Prime Minister Narendra Modi's chances of winning a third term in a national election due by May. Modi and leaders of the main opposition Congress party headed by Rahul Gandhi have criss-crossed the five states, addressing campaign rallies and promising cash doles, farm loan waivers, subsidies and insurance covers, among others, to woo voters. But surveys suggest Modi remains popular after a decade in power and will likely win a third term. Votes in all five states will be counted on Dec. 3 and results expected the same day. The elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram states are mainly a contest between BJP and Congress.

Persons: Narendra Modi's, Modi, Rahul Gandhi, Gandhi, Raman Singh, Singh, Sachin, YP Rajesh, Simon Cameron, Moore Organizations: DELHI, Modi's Bharatiya Janata Party, Developmental Inclusive, BJP, Congress, Reuters, YP Locations: Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, Mizoram

The legislation now requires approval from Parliament's upper house and half of the country’s 28 state legislatures, which is considered likely. Shah said it will be implemented in the 2029 national elections following a new census and an adjustment of voting districts after next year’s elections. Under the legislation, the reservation of seats for women would continue for 15 years and could be extended by Parliament. It covers the elected lower house of Parliament and state legislatures, in which only women will be allowed to contest 33% of the seats. In India's state legislatures, women hold about 10% of the seats.

Persons: Droupadi Murmu, Narendra Modi's, Amit Shah, Shah, India’s, Sonia Gandhi, ”, Arjun Ram Meghwal, Modi, God, “, Modi's, unrepresented, Ram Gopal Yadav, Dolly Verma Organizations: DELHI, —, Wednesday, Modi's Bharatiya Janata Party, Samajwadi Party . India Locations: Lok Sabha, India's, India, Bihar

☆ India-Canada tensions hit crisis point after assassination allegations: Here's what you need to know
▼ + stars: | 2023-09-19 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

A security personnel stands guard outside the Canadian High-Commision in New Delhi, India, September 19, 2023. In retaliation, India expelled a senior Canadian diplomat after summoning Canada's High Commissioner to the country, the foreign ministry said. This came just hours after Foreign Minister Melanie Joly announced that Ottawa had expelled a top Indian diplomat. Adnan Abidi | ReutersPrior to the Group of 20 nations' leaders' summit two weekends ago, Ottawa had paused talks on a proposed trade treaty with Indian Prime Minister Narendra Modi's Bharatiya Janata Party government. India's Prime Minister Narendra Modi (R) shakes hand with Canada's Prime Minister Justin Trudeau ahead of the G20 Leaders' Summit in New Delhi on September 9, 2023.

Persons: Adnan Abidi, Hardeep Singh, Justin Trudeau, Canada's, Melanie Joly, Trudeau, Moninder Singh, Nanak, Hardeep Singh Nijjar, Chris Helgren, Joly, it's, Narendra Modi's, Subrahmanyam Jaishankar, Indira Gandhi, Narendra Modi, Evan Vucci Organizations: Canadian, Reuters, Canadian Government, Ottawa, Indian, Narendra Modi's Bharatiya Janata Party government, India, of, India's, Canada's, Afp, Getty Locations: New Delhi, India, Reuters India, Canadian, Canada, British Columbia, Ottawa, Indian, Sikh, Surrey, Australia, United Kingdom, China, Brampton, of Canada

The Dharavi slum, about three-quarters the size of New York's Central Park, featured in Danny Boyle's Oscar-winning 2008 movie "Slumdog Millionaire". Only those who already lived in Dharavi before 2000, mostly ground-floor residents, will get free homes within the redevelopment. In interviews with Reuters, some Dharavi residents cited the billionaire's financial troubles as contributing to their concerns. Last month, a Mumbai court allowed SecLink to add Adani to its lawsuit, forcing the conglomerate to defend its position before judges. In early August, about 300 opposition supporters and residents gathered in Dharavi to object to Adani's involvement.

Persons: Adani, Gautam Adani's, Narendra Modi's, Danny Boyle's Oscar, SecLink, Eknath Shinde, Modi, Maharashtra's, Sandeep Shastri, Rajendra Korde, Radha Pawar, Srinivas, Mohammad Hasmat Ullah, Ullah, Dhwani Pandya, Aditya Kalra, Arpan Chaturvedi, Francis Mascarenhas, David Crawshaw Organizations: Adani, Consultancy, Reuters, SecLink Technologies Corporation, The, Modi's Bharatiya Janata Party, BJP, Modi's BJP, India's, Trust, Reuters ., Dharavi, Committee, Authority, Dhwani, Thomson Locations: Dubai, MUMBAI, rehouse, Dharavi, Maharashtra, The Dubai, Mumbai, Gujarat, snowballing

☆ India's Modi says peace returning to strife-torn Manipur
▼ + stars: | 2023-08-15 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

[1/5] India's Prime Minister Narendra Modi addresses the nation during Independence Day celebrations at the historic Red Fort in Delhi, India, August 15, 2023. REUTERS/Altaf HussainNEW DELHI, Aug 15 (Reuters) - Indian Prime Minister Narendra Modi said on Tuesday peace was returning to the strife-torn northeastern state of Manipur where at least 180 people have been killed and tens of thousands forced from their homes in sectarian clashes since May. The country wants the people of Manipur to hold on to the peace of the last few days and take it forward," Modi said in an Independence Day speech from the ramparts of New Delhi's Red Fort. Manipur state chief minister hoisted India's tri-colour flag in the capital city of Imphal to commemorate Independence Day and there were no immediate reports of violence, officials said. Leaders from Indian opposition parties' alliance called "INDIA" said Modi's Independence Day speech will be his last as his party will be routed in the general elections.

Persons: Narendra Modi, Altaf Hussain, Modi, Kuki, Jairam Ramesh, bluster, Rupam Jain, Robert Birsel, Susan Fenton Organizations: India's, REUTERS, Indian, Bharatiya Janata Party, BJP, Independence, Thomson Locations: Independence, Fort, Delhi, India, Manipur, Myanmar, New, Imphal

[1/5] A security force trooper rides a vehicle on a highway at Torbung village in Churachandpur district in the northeastern state of Manipur, India, July 24. Modi's first comments on the violence in Manipur came last week, over two months after the trouble started in early May. The data show that in the first week of the violence in early May, 77 Kukis were killed compared to 10 Meiteis. According to government estimates, 2,780 weapons stolen from the state armoury, including assault rifles, sniper guns and pistols, remain with the Meiteis, while the Kukis have 156. Reporting by Krishn Kaushik in Manipur; Editing by YP Rajesh and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Modi, Narendra Modi, Ramachandra Guha, Guha, Jangminlun Touthang, Modi's, Biren Singh, Meiteis, Kukis, Haopu Gangte, “, ” Gangte, ” Pramot Singh, Meitei, ”, Krishn Kaushik, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, Reuters, Modi's Bharatiya Janata Party, BJP, Kuki, YP, Thomson Locations: Torbung, Churachandpur district, Manipur, India, India's Manipur, Kuki, Imphal, Manipur's, Bishnupur, Kangvai, Myanmar, “

☆ India's government faces no-confidence vote over ethnic clashes
▼ + stars: | 2023-07-26 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

[1/2] India's Prime Minister Narendra Modi speaks during a meeting at The Ministry of Foreign Affairs in Paris France July 14, 2023. Modi's Bharatiya Janata Party (BJP) has a clear majority of 301 members in the 542-seat lower house of parliament, so the no-confidence vote will not affect its stability. Approving the opposition motion, lower house speaker Om Birla said he would soon decide when the debate and vote would take place. As head of the government, he will have to respond to the no-confidence motion before it is put to vote. Shashi Tharoor, a leader of the main opposition Congress party, said the government must invest time to answer questions about Manipur.

Persons: Narendra Modi, JULIEN DE ROSA, Narendra Modi's, Om Birla, Modi, Amit Shah, Shashi Tharoor, Tharoor, Zarir Hussain, YP Rajesh, John Stonestreet, Barbara Lewis Organizations: India's, The Ministry of Foreign Affairs, Modi's Bharatiya Janata Party, BJP, Manipur, Reuters, YP, Thomson Locations: Paris France, Manipur, DELHI, BJP, Guwahati

☆ Rice to get costlier as weather, India's farm perks threaten supply
▼ + stars: | 2023-07-06 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +5 min

"As Indian prices moved up because of the new minimum support price, other suppliers also started raising prices." Yet even before the weather phenomenon can disrupt production, the global rice price index of the Food and Agriculture Organization hovers above an 11-year high. The price of Indian rice exports has jumped 9% to a five-year high, following a hike of 7% last month in the price the government pays farmers for new-season common rice. "Rice prices have already been rising due to limited supplies," added Olam's Gupta. Last month Indonesia signed a rare pact with India to import 1 million tons if El Nino disrupts domestic supply.

Persons: El Nino, Krishna Rao, REA, Rice, El, Nitin Gupta, Gupta, Rosa Wang, Narendra Modi's, Modi, Himanshu Agarwal, Rajendra Jadhav, Qin Ningwei, Tony Munroe, Clarence Fernandez Organizations: Rice, Association, Reuters, El, Food and Agriculture Organization, U.S . Department of Agriculture, El Nino, Reuters Graphics, Shanghai JC Intelligence, Narendra Modi's Bharatiya Janata Party, BJP, Satyam Balajee, Vietnam, Thomson Locations: MUMBAI, India, Ukraine, Asia, Bangladesh, China, Indonesia, Thailand, Vietnam, New Delhi, Singapore, Myanmar, Pakistan, Indian, Philippines

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