Currency Chaos in India Aimed at Corruption

Currency Chaos in India Aimed at CorruptionWhen Indians elected Narendra Modi as their ultra-nationalist prime minister two and a half years ago, they were voting for change in the way that the country is run, just as American voters did last week when Donald Trump was elected president, albeit by a minority popular vote. But they didn’t vote for the countrywide…

UK’s May runs into EU-style blockages in New Delhi

UK’s May runs into EU-style blockages in New DelhiTheresa May has discovered in India during her first bilateral visit outside Europe that she runs into the same blockages over free trade and movement of labor internationally as she does in her post-Brexit discussions with the European Union. The lesson, which is highly significant for Britain as it prepares to leave the EU, is…

Indian Women Take On their Predators

Indian Women Take On their PredatorsUrban Indian women, long besieged by sexual predators, are empowering themselves to teach their tormentors a lesson – including, in some cases, banding together to beat and berate them. Realizing how Indian law enforcement agencies can no longer be trusted for their safety, they are employing a range of methods from buying small arms and…

Patriarch of India’s Tata Takes Back his Empire

Patriarch of India’s Tata Takes Back his EmpireThe fallout from the Oct. 24 sacking by Tata patriarch Ratan Tata of his chosen successor Cyrus Mistry as chairman of Tata Sons, the group’s holding company, continues: In an email to the company, leaked in the media, Mistry has warned that the conglomerate may face $18 billion in write-downs because of five unprofitable businesses he…

South Asian Art Prices Recover in London

South Asian Art Prices Recover in LondonSotheby’s earlier this week dispelled some of the gloom and uncertainty emanating from a poor Christie’s US$3.8 million auction of South Asian art in New York last month when its annual London auction yielded sales totaling £4.02 milliion – US$4.90 million at the depleted pound’s current post-Brexit level. The top lot was a memorable depiction…

BPO Fraud in India on the Rise

BPO Fraud in India on the RiseHigh-profile raids across India's commercial capital Mumbai last week have blown the lid off a multi-million dollar scam involving 630 employees of a fake business outsourcing company that has cheated and robbed US citizens of thousands of dollars over a year. The episode, police say, suggests the existence of an entrenched international racket with its…

Kashmiri 12-Year-old’s Death Does Little to Reduce Kashmiri Tensions

Kashmiri 12-Year-old’s Death Does Little to Reduce Kashmiri TensionsA 12-year old boy died on Oct.8 in the Kashmir state capital of Srinagar after being hit in the head by pellets fired by para-military forces at crowds of youngsters protesting against the Indian government. Junaid Ahmad’s death sparked clashes during his funeral later in the day, with thousands of protesters chanting “Go India, go back” and…

India strikes terror camps in Pakistan alongside non-military offensive

India strikes terror camps in Pakistan alongside non-military offensiveIndia has launched moves against Pakistan in the past few days that have culminated in an announcement that the Indian army conducted “surgical strikes” last night against alleged terrorist camps across the disputed Line of Control (LoC) border in Kashmir. This is the first time that India has declared such military action inside Pakistan for…

India Seeks a Place at the Arms Bazaar

India Seeks a Place at the Arms BazaarNew Delhi: India's international diplomacy is increasingly taking on a newer and more assertive dimension – of combining high-level discussions with sales and exports of defense equipment. This has been evident in the country's recent engagements with countries including Vietnam, Afghanistan Myanmar, Sri Lanka, Mauritius, Russia and Maldives.  Modi, 66, one of India's most peripatetic…

India Places $8.6 billion Jet Order Amid Failed Defenses

India Places $8.6 billion Jet Order Amid Failed DefensesAt the end of a week when India has been agonizing to little effect about how to deal with a deadly attack on an army camp near the Pakistan border in Kashmir that should never have been allowed to happen, the government has signed a US$8.66 billion deal with Rafale of France for 36 fighter…