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Guarded optimism in India as Trump and Modi outline plans to deepen defense partnership

February 14, 2025
Politics

SRINAGAR, India, February 14, 2025 (AP) — There was guarded optimism among military experts in India as Prime Minister Narendra Modi and U.S. President Donald Trump outlined plans to ramp up sales of defense systems to New Delhi, including F-35 stealth fighter jets, to deepen the U.S.-India strategic relationship. “Defense sector is a big money, and India happens to be one of the top buyers in the world,” said Lt. Gen. Vinod Bhatia, India’s director-general for military operations from 2012 to 2014. “As long as we buy, Trump will be happy but it’s surely going to expand our conventional deterrence.”

Rupee rises 12 paise to close at 86.81 against US dollar

February 14, 2025
Finance

Mumbai, Feb 14 (PTI) The rupee extended its recovery and settled 12 paise higher at 86.81 (provisional) against the US dollar on Friday amid easing American currency. However, higher crude oil prices and incessant selling of domestic equities by foreign institutional investors capped a sharp gain in the local unit, forex traders said. Also, they said, the aggressive dollar chase was halted after the US government announced the implementation of reciprocal tariffs on April 1, giving its trading partners some relief. At the interbank foreign exchange, the rupee opened at 86.86 and touched the high of 86.79 against the greenback

Why did Elon Musk meet with Modi?

February 14, 2025
Finance

NEW DELHI, February 14, 2025 (AP) — Indian Prime Minister Narendra Modi met with SpaceX CEO Elon Musk during his visit to the U.S. to meet President Donald Trump. The exact nature of the meeting is unclear, although Modi said on X that the two men “discussed various issues, including those he is passionate about such as space, mobility, technology and innovation.” Had a very good meeting with @elonmusk in Washington DC. We discussed various issues, including those he is passionate about such as space, mobility, technology and innovation. I talked about India’s efforts towards reform and furthering ‘Minimum Government,

Congress slams govt, says Prez rule in Manipur came after fabric of state’s society ‘severely damaged’

February 13, 2025
Politics

New Delhi, Feb 13 (PTI) The Congress Thursday said it has been demanding imposition of President’s rule in strife-torn Manipur for the past 20 months and the Central government did so only after the fabric of state’s society was allowed to be “severely damaged”. President’s rule was imposed in strife-torn Manipur on Thursday and the state assembly was put under suspended animation, days after Chief Minister N Biren Singh resigned from his post that led to political uncertainty in the northeastern state. “Finally what the Indian National Congress has been demanding for almost 20 months has happened. President’s rule has

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