India’s new Prime Minister Narendra Modi is seeking to boost inbound tourism. Taking cognizance of the improved business climate, Bloomberg News reports that international hotel chains are expecting improved occupancy rates in the mid-market segment of the second- and third-tier cities and towns of India, and are aggressively planning to...
SoftBank to Invest $10 Billion in India
SoftBank plans to invest more than $10 billion in India, after Prime Minister Narendra Modi and telecom minister Ravi Shankar Prasad separately met the Japanese telecom and Internet giant's chairman Masayoshi Son. Son pegged India as the company's top priority. In his meeting with Prasad, Son highlighted the company's bullish...
India's Prime Minister Exhorts Fresh Grads to Step Up Medical Research
Indian Prime Minister Narendra Modi, speaking at the graduation ceremony of the All-India Institute of Medical Sciences in New Delhi, said that while Indian doctors have made a name for themselves across the world, India needs to step up medical research to keep pace with a fast-changing world. He encouraged the...
Narmada River Project to be expanded
Within two weeks of the new federal government taking over in India, the Narmada Control Authority (NCA) green-signaled the Gujarat state government’s eight-year-old plea to increase the Sardar Sarovar dam’s height by installing 55 foot tall sluice gates. Sardar Sarovar is the centerpiece of the multi-billion-dollar Narmada Valley development project...
President Obama congratulates India's Prime Minister Designate, Narendra Modi
According to the White House, the President called Prime Ministerial candidate and Chief Minister of Gujarat Narendra Modi today to congratulate him on the Bharatiya Janata Party’s success in India’s historic election. The President noted he looks forward to working closely with Mr. Modi to fulfill the extraordinary promise of...
India Elections 2014 Result
Hopes for maintaining freedom and democracy are shaky in many countries today from Egypt, to Ukraine, to Iraq and Afghanistan. On the other hand the continued success of autocracies such as China has its scholars arguing that they have created a system better than Western democracy. The Economist recently ran...