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Merkel wants to foster India ties, softens message on U.S. as Trump scolds

By Michelle Martin and Thomas Escritt BERLIN (Reuters) – Germany wants to develop its ties with India but this should not be at the cost of its trans-Atlantic relationship, Chancellor Angela Merkel said on Tuesday after meeting Indian Prime Minister Narendra Modi. Merkel, trying to repair damage after shocking Washington ...

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Old Mutual on track to complete its break-up

LONDON (Reuters) – Anglo-South African financial services group Old Mutual is selling its 26 percent stake in an Indian insurance joint venture for 156 million pounds, as part of the group’s planned break-up into four parts. Old Mutual sold the stake in Kotak Mahindra Old Mutual Life Insurance to its ...

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India loom workers suffer hearing loss

By Roli Srivastava SURAT, India (Thomson Reuters Foundation) – Udhiya Behera sat in a windowless room in the Indian textile hub of Surat, staring blankly at a small television as the ground shook with the noise of power looms on the floor below. For Behera, though, this was a moment ...

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India’s proposed surrogacy law raises trafficking risks

By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) – India’s proposed law to regulate its booming surrogacy industry and curb the exploitation of impoverished Indian women could result in more foreign women being trafficked into the country to rent out their wombs, a leading expert warned on Tuesday. Prime Minister ...

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Veteran Actor Vinod Khanna Passes Away

Actor and politician Vinod Khanna passed away this morning in Mumbai after he finally lost his battle to cancer at the age of 70. Best remembered for his performances in films like Inkaar, Amar Akbar Anthony and Qurbani, the actor was last seen starring alongside Shah Rukh Khan in Dilwale. Vinod ...

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India tribunal rules in favour of lenders in Kingfisher loan default case – TV

MUMBAI (Reuters) – A tribunal in the southern indian city of Bengaluru has ruled in favour of a group of creditor banks seeking to recover more than $1 billion (815.8 million pounds) in loans now-defunct Kingfisher Airlines owes them, television channels reported on Thursday. Kingfisher, once India’s second best airline ...

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Enduring Global Partners in the 21st Century

1) The Prime Minister of India Narendra Modi and the President of the United States of America Barack Obama met today in the White House during an official working visit of Prime Minister Modi to the United States.  Marking their third major bilateral summit, the leaders reviewed the deepening strategic ...

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