Search Results for: economic recession

Narendra Modi

Election Landslide to Embolden Modi on World Stage

If prime minister-elect Narendra Modi can revive a faltering economy, as his people clearly believe he can, India may finally be able to deal with overseas allies, foes and rivals from a position of strength. May 17, 2014
Narendra Modi - Barrack Obama

Obama Invites Modi to Visit U.S. Despite Past Visa Ban

U.S. President Barack Obama congratulated Narendra Modi on his election victory on Friday and invited him to the White House, even though he was barred from the country less than 10 years ago over massacres of Muslims. May 17, 2014
A supporter of BJP waves the party flag during celebrations after learning of initial poll results outside the party headquarters in New Delhi

Five Challenges for Modi's New Government

A landslide election victory for Narendra Modi's Bharatiya Janata Party (BJP) has created euphoria in India's financial markets, driving shares to life-time highs and the rupee to its strongest level against the dollar in 11 months. May 17, 2014
Narendra Modi

India Inc's Reaction on Narendra Modi Victory: FICCI and ASSOCHAM Expect Bold Economic Reforms

India Inc has expressed happiness over the clear mandate given to the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to form the government at the Centre, confiding that a stable government will pave the way for healthy economic growth by taking bold economic reforms. FICCI and ASSOCHAM are hopeful that Narendra Modi would bring about big changes to the country. May 16, 2014
Narendra Modi

Modi Wins Election by a Landslide

Opposition candidate Narendra Modi will be the next prime minister of India, with counting trends showing the pro-business Hindu nationalist and his party headed for the most resounding election victory the country has seen in thirty years. May 16, 2014
Voting agents from various political parties make notes as polling officials count votes at a counting centre in Allahabad

BJP-led Alliance Ahead in 324 Seats, BJP in 272 Seats

Results in the general election put opposition leader Narendra Modi on course for a landslide victory on Friday, handing him an unfettered mandate to launch his agenda to revive growth and create jobs. May 16, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

State Banks to Seek Market Funds on Modi Growth Hopes

State banks plan to tap capital markets for billions of dollars after a new government takes office, executives and bankers say, betting on a revival in credit demand and giving them a chance to shore up battered balance sheets. May 16, 2014
Narendra Modi

Vote Count puts Modi on Course for Resounding Win

Early counting of results in India's general election put opposition leader Narendra Modi on course for a resounding victory that would hand him a clear mandate for his agenda to revive growth and create jobs. May 16, 2014
People mourn during the funeral of a miner who died in a fire at a coal mine, at a cemetery in Soma, a district in Turkey's western province of Manisa

Mass Funerals, Mounting Anger as Turkey Mourns Mine Workers

Loudspeakers broadcast the names of the dead as rows of graves were filled in this close-knit Turkish mining town on Thursday, while thousands protested in major cities as grief turned to anger following the country's deadliest industrial disaster. May 16, 2014
Narendra Modi

Modi on Brink of Power as India Vote Count Begins

Counting of votes began on Friday after India's mammoth election, which could usher in the most profound economic change in a generation if opposition leader Narendra Modi wins a clear mandate for his agenda to revive growth and create jobs. May 16, 2014
Nikkei

Japan Q1 Growth Fastest in more than 2 years Before Tax Hike

Japan's economy grew in the January-March quarter at the fastest pace in more than two years as consumers rushed to spend before a sales-tax hike and business investment rose in a sign of confidence in the prospects for future growth. May 15, 2014
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