Latest India news

  • China, India likely to be biggest shareholders in AIIB
    China, India likely to be biggest shareholders in AIIB Fri, May 22, 2015

    China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank (AIIB) while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations. AIIB said in a statement that it expected to be operational by the end of the year. No details of the ownership structure were disclosed, but delegates told Reuters that China would likely take a 25-30 percent stake in the bank, and India was likely to be the second-largest shareholder. More »

  • India's street dentists filling gap for the poor
    India's street dentists filling gap for the poor Fri, May 22, 2015

    Ignoring noisy buses and curious onlookers, street dentist Allah Baksh plunges his hands into a patient's mouth to fit a sparkling set of dentures for $12 in the Indian city of Bangalore. More »

  • China-backed AIIB sets target to be operational by year-end
    China-backed AIIB sets target to be operational by year-end Fri, May 22, 2015

    SINGAPORE/NEW DELHI (Reuters) - China-backed Asia Infrastructure Investment Bank (AIIB) on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore. AIIB said in a statement that the meeting finalised the articles of agreement, which are expected to be ready for signing by the end of June, but did not give details. Delegates told Reuters that China would likely take a 25-30 percent stake in the bank, and India was likely to be the second-largest shareholder. More »

  • An Indian mam put a gay marriage ad in the paper for her son
    An Indian mam put a gay marriage ad in the paper for her son Thu, May 21, 2015

    Homosexuality is illegal in India. More »

  • Searching for the next Alibaba in India
    Searching for the next Alibaba in India Thu, May 21, 2015

    By Nivedita Bhattacharjee MUMBAI (Reuters) - Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers. India's biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the bulk of their revenue. This makes tapping the small and medium enterprises vital to India's economic growth key, as these firms account for about 45 percent of the country's total industrial output, business lobby SME Chamber of India says, and have a strong following in the towns and rural areas where hundreds of millions of Indians are rapidly coming online thanks to cheap smartphones. More »

  • Ideological mountain to climb for China-India business
    Ideological mountain to climb for China-India business Wed, May 20, 2015

    India's Prime Minister Narendra Modi and Chinese Premier Li Keqiang watch a taiji and yoga event during a visit to the Temple of Heaven park in Beijing on May 15, 2015 More »

  • South Sudan rebels say capture oil refinery, tell firms to leave Tue, May 19, 2015

    By Denis Dumo JUBA (Reuters) - South Sudanese rebels said on Tuesday they had captured a refinery near a major oilfield in Upper Nile State, where fighting has flared up in recent days, and told firms there to shut down operations and evacuate their staff. SPLA-in-Opposition spokesman, James Gatdet Dak, said that the rebels were still fighting government troops in the area that is home to South Sudan's biggest oilfield - Paloch. Oil firms in South Sudan include China National Petroleum Corp, India's ONGC Videsh and Malaysia's Petronas. More »

  • Mother Teresa 'to be canonised in 2016'
    Mother Teresa 'to be canonised in 2016' Tue, May 19, 2015

    Mother Teresa of Calcutta's elevation to sainthood has been set for September 2016, according to a top Catholic cleric. More »

  • Tata Steel dashes reports it is near deal to sell UK plants to Klesch
    Tata Steel dashes reports it is near deal to sell UK plants to Klesch Tue, May 19, 2015

    By Maytaal Angel LONDON (Reuters) - Reports that Tata Steel is about to sell its long products division to Klesch Group are 'speculative' and do not reflect the views of the company, the steelmaker told India's National Stock Exchange on Tuesday. Geneva-based Klesch Group, a global commodities business involved in chemicals, metals and oil production and trading, declined to comment. Tata Steel, Europe's second-largest steelmaker, said in October it is in talks to sell its loss-making long products division, which employs 6,500 people mostly in the UK, to Klesch. More »

  • Langer Out Of Running For England Role
    Langer Out Of Running For England Role Tue, May 19, 2015

    Justin Langer has ruled himself out of the running for the vacant England coaching job by signing a new contract with Western Australia. The former Australia opener had been touted as a possible replacement for the sacked Peter Moores, having been a mentor to new England director of cricket Andrew Strauss early in his professional career when they both played for county side Middlesex. He has also been linked to a coaching role with India, but he said that while he was flattered, his future lay closer to home, signing a two-year extension to his contract with the Western Australian Cricket Association. More »

  • Langer rules out international jobs to stay in Western Australia
    Langer rules out international jobs to stay in Western Australia Tue, May 19, 2015

    Former Australia test batsman Justin Langer ruled himself out of the running for the England and India coaching jobs by signing a two-year contract extension with Western Australia on Tuesday. Langer had been linked with both the job of replacing Duncan Fletcher, whose contract with India expired at the end of the World Cup in March, and the position left vacant after England sacked Peter Moores two weeks ago. More »

  • ICC set to dispense with batting powerplay in ODIs
    ICC set to dispense with batting powerplay in ODIs Tue, May 19, 2015

    (Reuters) - The International Cricket Council (ICC) looks set to make a string of changes to the rules of the 50-overs game to redress the balance between bat and ball in favour of the fielding team. After a World Cup of record scores by individuals and teams earlier this year, the ICC's Cricket Committee has recommended the batting powerplay be removed and two other tweaks to rules which currently restrict the fielding team. The committee, chaired by former India captain Anil Kumble, also recommended the fielding captain be able to place five fielders outside the 27-metre circle rather than the existing four for the last 10 overs of the innings. More »

  • Insight - Roads before welfare: India's Modi faces dissent over spending …
    Insight - Roads before welfare: India's Modi faces dissent over spending … Mon, May 18, 2015

    By Aditya Kalra and Andrew MacAskill NEW DELHI (Reuters) - As Prime Minister Narendra Modi completes one year in office, his cuts in federal welfare spending on the poorest of India's 1.25 billion people are coming in for sharp criticism, including from within his cabinet. In a break with India's socialist past, Modi has saved money on federal social and subsidy expenditure and pumped it into an infrastructure stimulus he hopes will trigger a spurt in economic growth. The government says lower welfare spending will be compensated for by giving state governments a larger allocation of tax revenues to spend as they choose. Maneka Gandhi, women and child development minister in Modi's cabinet, has said the impact of the policy will borne by India's estimated 300 million poor. More »

  • Root named England's player of the year
    Root named England's player of the year Mon, May 18, 2015

    Joe Root was named on Monday as England's cricketer of the year for 2014-15, the England and Wales Cricket Board said. Root won the vote by members of the cricket media ahead of batsman Gary Ballance, fast bowler James Anderson and all-rounder Moeen Ali. England start a two-test home series against New Zealand at Lord's on Thursday followed by five Ashes tests against Australia. Charlotte Edwards was named England women's player of the year having captained the side to one-day series victories over India and New Zealand. More »

  • Indian nurse dies after 42 years in coma following rape
    Indian nurse dies after 42 years in coma following rape Mon, May 18, 2015

    A nurse died Monday after 42 years in a coma following a brutal rape, in a case that led India to ease some restrictions on euthanasia. More »

  • Planemaker Dassault to double Rafale output in 2-3 years if India buys
    Planemaker Dassault to double Rafale output in 2-3 years if India buys Mon, May 18, 2015

    By Cyril Altmeyer GENEVA (Reuters) - Dassault Aviation will double production of its Rafale combat jet within two to three years of the completion of a planned sale to India, its chief executive said on Monday. The maker of combat and business jets is also in talks on potential fighter sales with several other countries including Malaysia, after recently winning its first export contracts for the Rafale with Egypt and Qatar, CEO Eric Trappier added. Trappier last week said Dassault would increase production of the Rafale if it signs a third export contract but it did not give a timeframe. India has pledged to order 36 of the planes directly from the French government after talks stalled with Dassault over a larger deal. More »

  • Indian nurse dies four decades after being sodomised and left in a coma Mon, May 18, 2015

    By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) - A 66-year-old Indian nurse, who was sexually assaulted and left in a vegetative state for more than 40 years, died on Monday, in a case that sparked national debate over the legalisation of euthanasia. In November 1973, Aruna Shanbaug was attacked by a ward attendant at the King Edward Memorial (KEM) Hospital in Mumbai as the 26-year-old nurse was finishing her night-shift. Sohanlal Bhartha Walmiki, who was later convicted and jailed, sodomised and strangled her with a dog chain - cutting off the oxygen supply to her brain and leaving her in a coma. "She (Shanbaug) passed away at 8.30 a.m. She had been diagnosed with pneumonia and had been on ventilator for the past few days," said Medical Superintendent Pravin Bangar at KEM hospital, where her colleagues had cared for Shanbaug for the past 42 years. More »

  • Down In One! Six-Foot Water Snake Devours Frog Whole For Breakfast
    Down In One! Six-Foot Water Snake Devours Frog Whole For Breakfast Mon, May 18, 2015

    The unsuspecting frog had been leaping from leaf to leaf in Shibpur, India, before coming to a gruesome end More »

  • Modi urges S. Korea to grasp investment opportunities in India
    Modi urges S. Korea to grasp investment opportunities in India Mon, May 18, 2015

    India's Prime Minister Narendra Modi (C) visits the National Cemetery in Seoul, on May 18, 2015 More »

  • South Korea and India to boost defence ties, infrastructure finance
    South Korea and India to boost defence ties, infrastructure finance Mon, May 18, 2015

    South Korea and India agreed on Monday to step up defence cooperation while South Korea pledged $10 billion (6.4 billion pounds) in finance for infrastructure projects as Indian Prime Minister Narendra Modi arrived for a visit. South Korea's Ministry of Strategy and Finance and the Export-Import Bank of Korea will create a $1 billion Economic Development Cooperation Fund and provide $9 billion in export credits to India, the two countries said in a statement. More »

  • India rape victim dies after 42 years in coma
    India rape victim dies after 42 years in coma Mon, May 18, 2015

    Mumbai nurse suffered from irreversible brain damage following sexual assault in 1973, for which no one was charged. More »

  • Mumbai Indians Take Final IPF Playoff Berth
    Mumbai Indians Take Final IPF Playoff Berth Mon, May 18, 2015

    Mitchell McClenaghan and Lasith Malinga’s fast-bowling clinic saw Mumbai Indians batter Sunrisers Hyderabad by nine wickets and seize the final IPL play-off spot. More »