India names new Bank of India governor

Aug 21, 2016

India names new Bank of India governor

The Indian government on Saturday named insider Urjit Patel as the new governor of the Reserve Bank of India, to replace popular central banker Raghuram Rajan when his term ends in September. “Dr. Urjit R Patel new Governor of RBI,” Frank Noronha, principal spokesperson ...

Jun 25, 2016

India blames China for stalled nuclear group entry

India has blamed regional rival China for blocking its entry to a nuclear trade group opposed to the proliferation of nuclear weapons, after its members met in South Korea with no decision on India’s bid to join. India wants to become a member of ...

Obama, Modi praise prep work on six-reactor deal in India

Jun 8, 2016

Obama, Modi praise prep work on six-reactor deal in India

U.S. President Barack Obama and Indian Prime Minister Narendra Modi on Tuesday welcomed the start of preparatory work on six nuclear reactors in India, a key step in closing the first deal stemming from a U.S.-India civil nuclear accord struck over a decade ago. ...

Modi inaugurates $290 million Indian-built dam in Afghanistan

Jun 4, 2016

Modi inaugurates $290 million Indian-built dam in Afghanistan

Indian Prime Minister Narendra Modi visited Afghanistan on Saturday to inaugurate a $290 million hydroelectric dam with Afghan President Ashraf Ghani, the latest Indian investment which highlights strengthening ties between the two countries. The 42 megawatt Salma dam in western Herat province, bordering Iran, ...

Apr 2, 2016

Japan, India leaders voice concern over China's maritime assertiveness

Prime Minister Shinzo Abe and his Indian counterpart, Narendra Modi, shared their concerns Friday over China’s increasingly assertive maritime moves. At their meeting on the sidelines of the Nuclear Security Summit in Washington, Abe told Modi that Japan is seriously concerned about China’s unilateral ...