Jul 11, 2014

Daido Steel to buy stake in India's Sunflag

Daido Steel Co. will buy a 10 percent stake in Sunflag Iron & Steel Co. for around ¥1 billion in late August as it expands operations in India’s fast-growing automobile market. Nagoya-based Daido said Thursday it would buy the shares via third-party allotment to ...

India's Modi faces first test of reform pledges

Jul 10, 2014

India's Modi faces first test of reform pledges

India’s Prime Minister Narendra Modi faced the first major test of his reform credentials on Thursday, when his fresh-faced government presented its maiden budget amid early doubts about his willingness to make unpopular decisions. The budget promised a new era of fiscal prudence and ...

Jul 2, 2014

Effigy burned of rape row Indian lawmaker

Protesters set fire Wednesday to an effigy of an Indian lawmaker who had threatened the rape of his rivals’ relatives as a storm over his comments refused to subside despite an apology. Several thousand people took part in a number of protests in Tapas ...

India expands uranium enrichment

Jun 23, 2014

India expands uranium enrichment

India is expanding a covert uranium enrichment plant that could potentially support the development of thermonuclear weapons, a defense research group says, raising the stakes in a regional arms race with China and Pakistan. The revelation highlights the lack of nuclear safeguards in India ...

India in 'dereliction of duty' over rapes: U.N. watchdog

Jun 20, 2014

India in 'dereliction of duty' over rapes: U.N. watchdog

Indian law enforcement and justice authorities have shirked their responsibility to fight sex attacks, a U.N. child rights watchdog said on Thursday amid uproar over the horrific gang rape and lynching of two girls. “There has been a dereliction of duty in relation to ...

Stop 'politicizing rape,' Modi orders India politicans

Jun 12, 2014

Stop 'politicizing rape,' Modi orders India politicans

Indian Prime Minister Narendra Modi on Wednesday urged lawmakers to cease insensitive and ambiguous word play over rape and to work together to protect all women, in his first comments on the issue since the gang rape and murder of two girls shocked the ...