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Marco Longari/Pool via REUTERS Acquire Licensing RightsJOHANNESBURG, Aug 24 (Reuters) - Indian Prime Minister Narendra Modi spoke to China's President Xi Jinping on the sidelines of the BRICS summit in Johannesburg and highlighted concerns India has about border issues along the Line of Actual Control (LAC), India's foreign secretary said. Modi and Xi agreed "to direct their relevant officials to intensify efforts at expeditious disengagement and de-escalation," Foreign Secretary Vinay Kwatra said. On the sidelines of the BRICS summit Modi highlighted to Xi "India's concerns on the unresolved issues along the LAC", Kwatra said. This is the first time that Modi has brought up the issue directly with Xi, repeating India's stand that has been shared with China through other ministers multiple times. "The two sides should bear in mind the overall interests of their bilateral relations and handle properly the border issue so as to jointly safeguard peace and tranquillity in the border region," Xi said.

Persons: India Narendra Modi, Cyril Ramaphosa, China Xi Jinping, Marco Longari, Narendra Modi, Xi Jinping, Modi, Xi, Vinay Kwatra, Kwatra, Bhargav Acharya, Tannur Anders, Michael Martina, Krishn Kaushik, Jonathan Oatis Organizations: REUTERS Acquire, Rights, Indian, LAC, Xinhua, Shanghai Cooperation, Thomson Locations: India, China, Sandton, Johannesburg, Rights JOHANNESBURG, Indonesia

☆ India counts down to crucial moon landing
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

India's mission - Chandrayaan means "moon vehicle" in Hindi and Sanskrit - is its second attempt to land there. "Landing on the south pole (of the moon) would actually allow India to explore if there is water ice on the moon. Prime Minister Narendra Modi will watch the landing from South Africa, where he is attending the ongoing BRICS summit, media reported. Rough terrain makes a south pole landing difficult, and a first landing would be historic. For India, a successful moon landing would mark its emergence as a space power as Prime Minister Narendra Modi's government looks to spur investment in private space launches and related satellite-based businesses.

Persons: Russia's Luna, ISRO's, Carla Filotico, Adnan Abidi, Narendra Modi, Narendra Modi's, Shilpa Jamkhandikar, Gerry Doyle Organizations: Indian Space Research, SpaceTec Partners, REUTERS, Thomson Locations: MUMBAI, India, Russian, New Delhi, South Africa

☆ Moon landing anticipation builds for India after Russia's crash
▼ + stars: | 2023-08-21 | by ( Nivedita Bhattacharjee | ) www.reuters.com time to read: +4 min

The mission - Chandrayaan means "moon vehicle" in Hindi and Sanskrit - is India's second attempt to land on the south pole of the moon. Rough terrain makes a south pole landing difficult, but making a first landing would be historic. India's moon mission blasted off on July 14, and the lander module of Chandrayaan-3 separated from the propulsion module last week. For India, a successful moon landing would mark its emergence as a space power as Prime Minister Narendra Modi's government looks to spur investment in private space launches and related satellite-based businesses. A successful mission would make India only the fourth country to successfully land on the moon, after the former USSR, the United States and China.

Persons: Russia's Luna, ISRO's, Narendra Modi's, Manish Purohit, Sivan, Pawan Chandana, Nivedita, Gerry Doyle, Mark Potter Organizations: ISRO, Handout, REUTERS, Rights, Indian Space Research, Twitter, Thomson Locations: Russian, Russia, India, Hollywood, USSR, United States, China, Bengaluru

☆ Chandrayaan-3: what to know about India’s moon landing mission
▼ + stars: | 2023-08-21 | by ( Nivedita Bhattacharjee | ) www.reuters.com time to read: +3 min

The Chandrayaan-3 mission was launched on July 14 from India's main space port in the southern state of Andhra Pradesh. Here are key facts about the Indian Space Research Agency's (ISRO) Chandrayaan-3 mission. Rough terrain is one of the complications for a south pole landing. Russia's first moon mission in 47 years failed over the weekend when its Luna-25 spacecraft crashed into the moon. Modi said when the moon mission launched that ISRO was writing "a new chapter in India's space odyssey" and elevating "the dreams and ambitions of every Indian."

Persons: Francis Mascarenhas, Russia's, Bill Nelson, India's, Luna, Narendra Modi's, Modi, Kevin Krolicki, Bernadette Baum Organizations: REUTERS, Rights, Indian Space Research, Reuters, ISRO, Thomson Locations: Mumbai, India, Andhra Pradesh, Chandrayaan, USSR, United States, China

☆ India closes in on moon landing as Russia also races to lunar south pole
▼ + stars: | 2023-08-18 | by ( Nivedita Bhattacharjee | ) www.reuters.com time to read: +3 min

The Indian space agency launched the rocket carrying the spacecraft on July 14, blasting off from the country's main spaceport in the southern state of Andhra Pradesh. Rough terrain is expected to complicate a landing on the lunar south pole. A previous mission by India's space agency, the Chandrayaan-2, crashed in 2019 near where the Chandrayaan-3 will attempt a touchdown. Both India and Russia have national interests in successful landings and in claiming the historic first at stake. Russia's space agency Roscosmos has said the Luna-25 mission would spend 5-7 days in lunar orbit before descending to one of three possible landing sites near the pole.

Persons: Roscosmos, Luna, Narendra Modi's, Nivedita, Philippa Fletcher Organizations: ISRO, Handout, REUTERS, Rights, LM, Indian Space Research Organisation, Luna, India's, Skyroot Aerospace, Thomson Locations: Russia, Andhra Pradesh, India, Ukraine, Bengaluru

Burger King's new chicken sandwich "Ch'King" is seen on display in New York, NY, U.S. May 19, 2021. "Even tomatoes need a vacation ... we are unable to add tomatoes to our food," read notices pasted at two Burger King India outlets. The burger chain, one of India's biggest with nearly 400 outlets, joins many McDonald's and Subway stores that have removed tomatoes from menus as India's food inflation this week hit its highest since January 2020. reads a question on the support page of Burger King India's web site. Restaurant Brands Asia (RESR.NS), which operates Burger King in India, did not respond to requests for comment.

Persons: Burger, Aleksandra Michalska, Amnish Aggarwal, Narendra Modi's, Manoj Kumar, Aditya Kalra, Conor Humphries Organizations: REUTERS, Burger King, Restaurant Brands, Thomson Locations: New York, NY, U.S, DELHI, CHENNAI, Burger King India, Burger, India, India's, Nepal, New Delhi, Chennai

☆ Apple's ongoing pivot to India should reap big rewards for the iPhone maker
▼ + stars: | 2023-08-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

The India factory should begin delivery of the new smart phones just weeks after they start shipping from China, according to Bloomberg. Sales for the iPhone in India grew by double-digits in the second quarter , to a record high, according to Apple. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Zev Firma, Narendra Modi's, Tim Cook, Morgan Stanley, Apple's, Foxconn, Jim Cramer's, Jim Cramer, Jim, Punit Paranjpe Organizations: Apple, Foxconn Technology Group, Bloomberg, U.S, Investing, CNBC, Afp, Getty Locations: India, China, Tamil Nadu, iPhones, Washington, Beijing, Mumbai, Delhi, U.S, Punit

☆ 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

India's annual retail inflation (INCPIY=ECI) rose sharply to 7.44% in July from 4.87% the previous month. Reuters Graphics"The spurt in CPI inflation in July 2023 was on expected lines, however, 7.44% retail inflation was totally unexpected," said Devendra Pant, economist at India Ratings. Food inflation, which accounts for nearly half of the overall consumer price basket, hit a staggering 11.51% in June as compared with 4.49% in June. Retail food inflation was at its highest since January 2020. Even a moderate rise in food inflation tends to anger voters and Dhiraj Nim, economist at ANZ Research, said further measures may be required from the government.

Persons: Devendra Pant, Research's Gaura Sen Gupta, Pant, Narendra Modi's, Dhiraj Nim, Nikunj Ohri, Chizu Nomiyama, Christina Fincher Organizations: REUTERS, DELHI, Reuters, Reserve Bank of India, ANZ Research, Thomson Locations: Kolkata, India

☆ India is a rising force in Southeast Asia as region seeks to counter China's dominance
▼ + stars: | 2023-08-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +8 min

(Photo credit RAVEENDRAN/AFP via Getty Images) Raveendran | Afp | Getty ImagesIndia is taking major strides to expand its influence in Southeast Asia, a move that will allow countries to counter China's dominance in the region. "India certainly is becoming more ambitious in Southeast Asia. "This is particularly salient to the maritime sphere, namely the South China Sea, where overlapping sovereignty disputes threaten regional stability and openness," he added. "It continues to maintain a very independent streak in its foreign policy, which suits a large number of Southeast Asian countries." While China remained the most influential and strategic power in Southeast Asia, its standing has diminished, the Southeast Asia survey from February showed.

Persons: Pant, Subrahmanyam Jaishankar, Narendra Modi's, Satoru Nagao, Nagao, Derek Grossman, Modi, Xi Jinping, Ted Aljibe, Enrique Manalo, Rand's Grossman, Joanne Lin, Lin, ISEAS's Lin Organizations: Indian, Getty, Afp, Observer Research Foundation, CNBC, Southeast, Hudson Institute, Vietnam Air Force, Rand Corporation, TED ALJIBE, Initiative, ASEAN Studies, Yusof Ishak Institute, Observers, Pant Observer Research, China -, Wilson Center, ASEAN Wonk, U.S, ASEAN Studies Centre, Yusof, Ukraine, U.S ., New Delhi's Observer Research Foundation Locations: New Delhi, AFP, Southeast Asia, India, China, Beijing, Vietnam, Tokyo, China —, Manila, Philippine, Delhi, The Hague, Philippines, Malaysia, Brunei, ISEAS, Singapore, Asia, Europe, China - U.S, U.S, New

☆ Modi says no-confidence vote 'defames India', appeals for Manipur peace
▼ + stars: | 2023-08-10 | by ( Yp Rajesh | ) www.reuters.com time to read: +4 min

The no-confidence vote, moved by a new, Congress-led opposition alliance called "INDIA", was easily defeated as expected, with opposition lawmakers walking out of the legislature in protest even before the motion was put to vote. "They love to defame India, they have no faith in the people of India, in the abilities of India," Modi said in his 130-minute speech which was laced with nationalism and rhetorical flourishes. "They have tried in vain to break the self-confidence of Indians with this no-confidence vote," he said, speaking in Hindi. BJP lawmakers thumped their desks in approval and often cheered him by shouting "Modi, Modi". Opposition lawmakers frequently shouted "Manipur, Manipur" as Modi spoke on Thursday, seeking to get him to talk about it.

Persons: Narendra Modi, Emmanuel Macron, Aurelien, Modi, Critics, Rahul Gandhi, Gandhi, Amit Shah, Gilles Verniers, ”, YP Rajesh, Conor Humphries Organizations: Indian, French, Bharatiya Janata Party, BJP, Modi's BJP, INDIA, Wednesday, New Delhi’s, Policy Research, YP, Thomson Locations: Paris, France, Manipur, DELHI, India, MANIPUR, Myanmar

REUTERS/Rupam Jain/File PhotoGURUGRAM, India, Aug 10 (Reuters) - Over 3,000 poor Muslims have fled a business hub outside New Delhi this month, fearing for their lives after Hindu-Muslim clashes and sporadic attacks targeting them, residents, police and a community group said. The Gurugram president of Jamiat-Ulema-e-Hind (Council of Indian Muslim Theologians) Mufti Mohammed Salim estimated that more than 3,000 Muslims had left the district after the violence. "Many Muslims decided it's best to leave for a while," said Sheikh, adding that some Hindu owners of shops rented out to Muslims wanted them to vacate. "No one is asking them to leave and we are providing full security in all communally sensitive areas," he told Reuters. Reporting by Rupam Jain and Sakshi Dayal; Editing by YP Rajesh and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Rupam, Raufullah Javed, Mufti Mohammed Salim, Shahid Sheikh, it's, Narendra Modi's, Ernst &, Anil Vij, Rupam Jain, Sakshi Dayal, YP Rajesh, Angus MacSwan Organizations: REUTERS, Reuters, Bharatiya Janata Party, BJP, Police, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, YP, Thomson Locations: Gurugram, New Delhi, India, Nuh, Haryana, Bihar, Tigra, India's, Gurgaon

☆ Rahul Gandhi rips into Indian PM Modi over Manipur violence
▼ + stars: | 2023-08-09 | by ( Yp Rajesh | ) www.reuters.com time to read: +4 min

Rahul Gandhi, a senior leader of India's main opposition Congress party, arrives at the parliament after he was reinstated as a lawmaker, in New Delhi, India, August 7, 2023. "You have killed mother India in Manipur," Gandhi said as opposition lawmakers thumped their desks and their government counterparts booed him. New Delhi has rushed tens of thousands of additional security forces to the state of 3.2 million people but sporadic violence continues. "Our prime minister has not gone to Manipur because for him Manipur is not in India," Gandhi said. Modi was not present in parliament when Gandhi spoke but he is due to address it on Thursday before it is put to vote.

Persons: Rahul Gandhi, India's, Stringer, Modi, Manipur Modi, Narendra Modi's, Gandhi, YP Rajesh, Simon Cameron, Moore Organizations: REUTERS, Wednesday, Bharatiya Janata Party, BJP, MANIPUR Gandhi, YP, Thomson Locations: New Delhi, India, Manipur Gandhi, Manipur, DELHI, United States, MANIPUR, Kuki, Haryana, BJP

REUTERS/Adnan Abidi/file photoMOIRANG/CHURACHANDPUR, India, Aug 8 (Reuters) - In the sectarian violence that has ravaged India's Manipur state, women have been victims of brutal attacks. Kukis say a loosely formed group of Meitei women, known as Meira Paibis, or Women Torchbearers, is responsible for instigating some of the rapes of women of the minority community. India's Supreme Court announced this week that it will monitor investigations into cases of sexual violence in the state. "Meira Paibis does not differentiate between Kuki or Meitei," she said, speaking alongside a group of other Meitei women. WORSE THAN ANARCHYThe women said they had heard of nine Meitei women being raped, but they had no evidence and were not directly aware of any incidents.

Persons: Adnan Abidi, Praveen Donthi, Narendra Modi's, Rajiv Singh, Paibis, Moirangthen Thoibi Devi, Ngainekim, Mukul Kesavan, ”, Thoibi Devi, Meira Paibis, Vak, Krishn Kaushik, Raju Gopalakrishnan Organizations: REUTERS, Reuters, Crisis, Security, Police, Kuki Women Organisation, Human Rights, Assam Rifles, Thomson Locations: Kangvai, Churachandpur district, Manipur, India, CHURACHANDPUR, Myanmar, Imphal, Moirang, East Imphal, Kuki

☆ Indian opposition leader Rahul Gandhi returns to parliament after reinstatement
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +2 min

[1/2] Rahul Gandhi, a senior leader of India's main opposition Congress party, arrives at the parliament after he was reinstated as a lawmaker, in New Delhi, India, August 7, 2023. NEW DELHI, Aug 7 (Reuters) - Rahul Gandhi returned to India's parliament on Monday after a Supreme Court ruling, boosting the profile of his Congress party and its opposition allies ahead of a no-confidence vote against Prime Minister Narendra Modi's government. The Supreme Court last week suspended the conviction, allowing Gandhi to return to parliament and contest next year's elections. On Monday, Ghandhi entered the parliament building after showing respect to the statue of freedom movement leader Mahatma Gandhi in the complex. BJP has said the Supreme Court has only suspended Gandhi's conviction and had not overturned it.

Persons: Rahul Gandhi, India's, Stringer, Narendra Modi's, Gandhi, Modi, Ghandhi, Mahatma Gandhi, Mallikarjun Kharge, Nigam, Tanvi Mehta, Muralikumar Anantharaman, Robert Birsel Organizations: REUTERS, NEW, Bharatiya Janata Party, BJP, Congress, Lawmakers, Developmental, Alliance, YP Rajesh, Thomson Locations: New Delhi, India, NEW DELHI, Wayanad, Kerala

Visitors gather at Applied Materials and Micron Technology kiosks before the start of 'SemiconIndia 2023', India's annual semiconductor conference, in Gandhinagar, India, July 25, 2023. REUTERS/Amit DaveNEW DELHI, Aug 4 (Reuters) - Applied Materials (AMAT.O) wants its suppliers from Europe, Japan and elsewhere to set up operations in India, as the semiconductor toolmaker works to expand the local supply chain, its India head told Reuters. Applied Materials does not manufacture in India - and has no plans to - but having suppliers based locally will help its new engineering centre speed up technology development and testing. Such investment creates opportunities for Applied Materials, the world's biggest maker of tools used in manufacturing chips. Applied Materials started its India operations in 2002 and has about 7,500 employees in the country working in product development, software and other business operations.

Persons: Amit Dave NEW DELHI, Srinivas Satya, Narendra Modi's, Satya, Modi, Gary Dickerson, Munsif, Acharya, Sumit Khanna, Aditya Kalra, Christopher Cushing Organizations: Materials, Micron Technology, REUTERS, Reuters, U.S, Applied Materials, Devices, Micron, Applied, Thomson Locations: Gandhinagar, India, Europe, Japan, Bengaluru, Applied Materials India, South Korea, U.S, Gujarat, Washington, New Delhi

After the Supreme Court's ruling, the lower house of parliament should now formally reinstate Gandhi. Lower courts and the high court in Gujarat, where the BJP holds power, had rejected appeals by Gandhi to suspend the conviction, prompting the appeal to the Supreme Court. Besides seeking suspension of the conviction, Gandhi has also sought to overturn it. That challenge has yet to be heard by the lower court in Gujarat. Gavai said the lower court had not given any reasons for handing down the maximum sentence of two years' jail which led to his disqualification from parliament.

Persons: Rahul Gandhi, Anushree, Gandhi, Rahul Gandhi's, Narendra Modi, Modi, B.R, Gavai, Sonia Gandhi, Priyanka Vadra, Adhir Ranjan Chowdhury, Chowdhury, Purnesh Modi, YP Rajesh, Arpan Chaturvedi, Shivam Patel, Sakshi Dayal, Kim Coghill, Simon Cameron, Moore, Nick Macfie Organizations: REUTERS, Bharatiya Janata Party, BJP, Supreme, Developmental, YP, Thomson Locations: New Delhi, India, DELHI, Gujarat, Manipur

☆ Factbox: Taiwanese giant Foxconn's growing interest in India
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration//File PhotoNEW DELHI, Aug 3 (Reuters) - Foxconn (2317.TW) has rapidly expanded its presence in India by investing in locations in the south of the country for its manufacturing facilities, as the Taiwanese giant seeks to move away from China. Foxconn, the leading contract manufacturer of electronics, already has an iPhone factory in Tamil Nadu, which employs 40,000 people. Here are some of the areas where the company has invested, according to announcements and sources familiar with its plans. APPLE ASSEMBLYFoxconn plans to make casing components for iPhones at a new Karnataka facility with $350 million in investment that will generate 12,000 jobs. MOBILE COMPONENTSFoxconn has signed a deal on Monday with southern state of Tamil Nadu to invest 16 billion rupees ($194 million) in a new electronic components manufacturing facility that will create 6,000 jobs.

Persons: Dado Ruvic, Foxconn, Narendra Modi's, Tanvi Mehta, Barbara Lewis Organizations: REUTERS, APPLE ASSEMBLY, Apple, Reuters, Applied Materials, Vedanta, Thomson Locations: India, China, Tamil Nadu, Karnataka, Gujarat, Thailand

☆ Hindu-Muslim riots expose risk at major Indian business hub
▼ + stars: | 2023-08-03 | by ( Rupam Jain | ) www.reuters.com time to read: +4 min

Seven people were killed and over 70 injured in rioting in Nuh and Gurugram districts of Haryana state after a Hindu religious procession was targeted and a mosque attacked in retaliation. Gurugram, formerly known as Gurgaon, is a city of over 1.5 million people that shares a border with New Delhi. "Muslim men attacked the Hindu procession and killed many of our people," said Praveen Babbar, a leader of Hindu Yuva Vahini (Hindu Youth Force). Haryana Police, however, said they acted swiftly and prevented riots from spreading, and that two of its men were killed in the violence. Reporting by Rupam Jain, Additional reporting by Sakshi Dayal; Editing by YP Rajesh and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Anil Vij, Vij, Ernst &, Gurugram, Narendra Modi's, Praveen Babbar, Aftab Ahmed, Tara Kartha, Rupam Jain, Sakshi Dayal, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, Bharatiya Janata Party, BJP, nab, Reuters, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, Hindu, Force, Haryana Police, Analysts, of Peace, YP, Thomson Locations: Nuh district, Haryana, India, Delhi, Nuh, Gurugram, Gurgaon, New Delhi, Suzuki's, India's, Nuh's

☆ India's changes to forest conservation law draw flak from environmentalists
▼ + stars: | 2023-08-03 | by ( Arpan Chaturvedi | ) www.reuters.com time to read: +4 min

India says the new law is a milestone in "enhancement of the productivity of forests". Both parliament houses cleared the law in recent days and it will next go to the president for approval. India's environment ministry, which has drafted the changes, did not respond to Reuters queries. Opponents say India's new law will also change how it defines forests, and so it will apply to fewer green zones, leading to about 20-28% of existing forest cover losing regulatory protection. Such changes, critics say, could lead to excessive construction in the pristine tourist hotspot of Kashmir and other hilly forests in Himalayan states.

Persons: Anushree, Narendra Modi's, Bahar Dutt, Debadityo Sinha, Bhupender Yadav, Jairam Ramesh, Arpan Chaturvedi, Aditya Kalra, Kim Coghill Organizations: REUTERS, Indian, Ecosystems, Legal, Thomson Locations: Satjelia, Sundarbans, India, DELHI, New Delhi, Delhi, Kashmir

☆ Indian business hub Gurugram remains tense after Hindu-Muslim clashes
▼ + stars: | 2023-08-02 | by ( Sakshi Dayal | ) www.reuters.com time to read: +2 min

People ride past the burnt shops following clashes between Hindus and Muslims in Gurugram district in the northern state of Haryana, India, August 1, 2023. REUTERS/Adnan AbidiNEW DELHI, Aug 2 (Reuters) - Traffic was lighter than usual on Wednesday and some streets deserted in the Gurugram business hub south of the Indian capital Delhi as authorities said the death toll from two days of Hindu-Muslim clashes in the region had mounted to seven. A total of 116 people have been arrested so far," Manohar Lal Khattar, the chief minister of Haryana state where Gurugram is located, said on Wednesday. Security forces were also on alert for planned protests by Hindu nationalist groups, including in the capital Delhi. However in 2020, over 50 people were killed in religious clashes in northeastern Delhi, the worst sectarian violence in the capital in decades.

Persons: Adnan Abidi, Manohar Lal Khattar, Subhash Boken, Narendra Modi's, Sakshi Dayal, Raju Gopalakrishnan Organizations: REUTERS, Google, Deloitte, American Express, Police, Security, Gurugram Police, Thomson Locations: Gurugram district, Haryana, India, DELHI, Delhi, Nuh, Gurugram, India's

☆ India lets firms list on Modi's flagship finance hub to draw foreign capital
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

Listed and unlisted companies can list their shares in the International Financial Services Centre (IFSC) housed in the Gujarat International Financial Tech City (GIFT), which is Prime Minister Narendra Modi's flagship project. "I'm pleased to announce that the government has taken a decision to enable direct listing of listed and unlisted companies on the IFSC exchanges," Sitharaman said. Indian companies can currently only list on foreign exchanges through instruments such as depository receipts. The government had announced plans in 2020 to allow firms to have their primary listings on foreign exchanges. The government has said companies can use the IFSC route to access similar benefits of foreign capital.

Persons: Nirmala Sitharaman, Narendra Modi's, I'm, Sitharaman, Manch, Aftab Ahmed, Muralikumar Organizations: International Financial Services, Gujarat International Financial Tech City, Singapore, International Exchange, Thomson Locations: DELHI, India, Gujarat, Singapore, City, New Delhi

[1/2] FILE PHOTO-A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoGANDHINAGAR, India, July 28 (Reuters) - U.S. chipmaker Advanced Micro Devices (AMD.O) said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. Despite being a late entrant, the Modi government has been courting investments into India's nascent chip sector to establish its credentials as a chipmaking hub. "Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide," Papermaster said. Unlike its top rival Intel, AMD outsources production of chips it designs to third-party manufacturers like Taiwan's TSMC.

Persons: Dado Ruvic, Mark Papermaster, Narendra Modi's, Young Liu, Sanjay Mehrotra, Modi, Papermaster, Munsif, Aditya Kalra, Sonali Paul Organizations: REUTERS, Devices, Micron, AMD, India, Nvidia Corp, Intel, South, Samsung, Applied, chipmaker Micron, Thomson Locations: GANDHINAGAR, India, Bengaluru, Gujarat, Santa Clara , California, U.S, Gandhinagar

REUTERS/Amit DaveGANDHINAGAR, India, July 28 (Reuters) - India wants to become a trusted partner for the semiconductor industry and a chip maker for the world, Prime Minister Narendra Modi said on Friday, as global companies including Foxconn (2317.TW) announced investment plans in the South Asian nation. "To expedite the growth of the semiconductor sector in the country, we are continuously undertaking policy reforms," said Modi, who has made chipmaking the top priority of his economic policy. Modi was speaking at the government's SemiconIndia annual conference in his home state of Gujarat which is being attended by top semiconductor industry executives. Speaking to CNBC-TV18, Liu said Foxconn had yet to find another partner for its India chipmaking venture. At the event, Micron Technology (MU.O) CEO Sanjay Mehrotra said a planned $2.7 billion semiconductor testing and packaging unit in Gujarat would help create about 5,000 jobs in the state.

Persons: Mark Papermaster, Young Liu, India's, Narendra Modi, Amit Dave GANDHINAGAR, TW, Modi, Foxconn, Liu, Modi's, Sanjay Mehrotra, Munsif Vengattil, Sumit Khanna, Indranil Sarkar, Aditya Kalra, Jacqueline Wong, Muralikumar Organizations: Devices, REUTERS, Foxconn, CNBC, TV18, Vedanta, Semiconductor, Reuters, Hai Technology, Micron Technology, Thomson Locations: Gandhinagar, India, Gujarat, Bengaluru, Tamil, Taiwan, Foxconn

☆ Silicon Power to invest $121.7 mln for silicon carbide plant in India's Odisha state
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

BHUBANESWAR, July 28 (Reuters) - U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in India's Odisha state to make 150 millimetre silicon carbide, a semiconductor component, the state's chief minister's office said late Thursday. The investment will be made by the group's Indian unit, RiR Power Electronics, and the company has committed to start operations in the next 18 to 24 months, the chief minister's office said in a statement. Silicon carbide is a component that goes into chips used in electric cars and other industrial power and energy applications. The move comes as top executives from Foxconn and semiconductor firms Micron and AMD are set to attend a conference in Prime Minister Narendra Modi's home state of Gujarat, an effort by the federal government to lure investments. ($1 = 82.1500 Indian rupees)Reporting by Jatindra Dash in Bhubaneswar, writing by Manvi Pant; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Narendra Modi's, Jatindra, Manvi Pant, Eileen Soreng Organizations: Power, Power Electronics, Micron, AMD, Thomson Locations: BHUBANESWAR, India's Odisha, Gujarat, India, Taiwan, Bhubaneswar

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