March 1, 1994 |
Endeavoring to carry this nation to the "second industrial revolution," the government unveiled a budget Monday that, by cutting customs duties, widening rupee convertibility and easing taxes on manufacturers, further integrates India into the world economy.
June 2, 1998 |
India on Monday unveiled a budget plan that doesn't do enough to spur domestic and foreign investment to reverse the country's economic slowdown, analysts and investors said. Finance Minister Yaswant Sinha's fiscal blueprint not only slows the pace of reform set in the last three budgets, but it reverses some of the opening of India's market to trade by raising import tariffs. "He has run out of ideas to kick-start the economy," said A.K. Kinra, corporate vice president for finance at J.K.
CALIFORNIA | LOCAL
April 8, 1991
Japan hasn't been the only major nation with a shaky foreign policy during the Gulf War. But Washington was too preoccupied to notice New Delhi's diplomatic dithering. Nor is Iraq the only large country that has been riven lately by ethnic and religious tensions. India, the world's largest democracy and second most populous nation, has been shaken by a surge of Hindu militancy that could just threaten to make Baghdad's convulsions look not all that extraordinary.
August 25, 2005 |
India's government is moving to keep a risky promise of guaranteed jobs for millions of rural poor despite warnings that it can't afford a multibillion-dollar welfare program. A national rural employment bill, which guarantees at least one worker in each household at least 100 days of manual labor a year, passed the lower house of Parliament late Tuesday. The upper house is expected to approve it in the coming weeks.
April 29, 2011 |
The U.S. ambassador to India announced his resignation Thursday, citing a desire to spend more time with his family. Timothy J. Roemer's statement coincided with news that India had excluded two U.S. defense companies from a much-anticipated $11-billion deal for at least 126 fighter aircraft, fueling speculation in defense circles that the two were linked. Others, however, said the former six-term congressman from Indiana, a Democratic party stalwart, may have felt he was being sidelined in India and wanted to raise his profile back in Washington before President Obama's 2012 reelection bid. "I hear he wanted to get back to active politics," said Harinder Sekhon, a senior fellow in the U.S. studies program with New Delhi's Observer Research Foundation, a think tank.
June 11, 1985 |
The long-running "courtship of Rajiv Gandhi" is about to open in Washington after playing in Moscow, Cairo, Paris and Algiers. But the Indian prime minister's performance in the role of the world's most eligible nonaligned ruler was the rave of diplomatic circles here long before he took it on the road, beginning last month in the Soviet Union. He arrives in Washington today for a state visit and will meet with President Reagan at the White House on Wednesday.