On September 3, Nirmala Sitharaman, who served as Minister for Commerce and Industry, was chosen for the biggest promotion in Prime Minister Narendra Modi's cabinet reshuffle on the weekend, and was given independent charge of the Defense Ministry. Former Prime Minister Indira Gandhi was the first woman to hold this...
Voice of America Facilitates Pronunciations of Indian Words
With the advance of technology and its ongoing refinement, far-flung areas of the world are getting closer and closer. Business, education, travel, and media reference a plethora of cultures more than ever before. In 2000, Voice of America's pronunciation guide was developed to help media with tricky pronunciations. Now it...
India Abolishes Foreign Investment Advisory Body
India's Federal Government approved dismantling the 25-year old Foreign Investment Promotion Board, in order to streamline the flow of foreign capital into the country. By abolishing the Foreign Investment Promotion Board India's minister for finance, Arun Jaitley, removed a layer of decision-making for foreign direct investment approvals in 11 sectors...
India, Japan Strengthen Defense Cooperation
In a visit to Tokyo, to attend an annual meeting of the Asian Development Bank, India's Arun Jaitley, who is both the Minister for Finance and Minister for Defense, told his Japanese counterpart, Tomomi Inada that India will pursue a strategic partnership with Japan for regional peace and stability. The...
India Preparing New Defense Manufacturing Policy
Addressing an annual meeting of the Confederation of Indian Industry in New Delhi, India's Finance Minister and interim Minister for Defense, Arun Jaitley, said that the Government of India is in an advanced stage of formulating a new defense manufacturing policy that will enable India to become a manufacturing hub....
India's Government Creates $1.2 Billion Dairy Fund
While presenting the annual budget for 2017, India's minister for finance, Arun Jaitley, announced the setting up of a Dairy Processing and Infrastructure Fund through the National Bank for Agriculture and Rural Development. The fund corpus of $1.2 billion will be disbursed over a period of three years, starting with...