Indian leaders often warn that they need to shift the majority of their country’s population -- almost 70 percent -- from rural to urban areas. “Our salvation,” Prime Minister Manmohan Singh claims, “lies in moving people out of agriculture.” Finance Minister P. Chidambaram confirms, “My vision is to get 85 percent of India into cities.”
India’s worst power-grid failure in a decade exposed the urgency behind Prime Minister Manmohan Singh’s bid to attract $400 billion in investment and ease an electricity deficit that is holding back economic growth.
Sitting in the study of the prime ministerial bungalow in New Delhi, surrounded by manicured lawns and palm trees, Indian leader Manmohan Singh and his soon-to-be finance minister Palaniappan Chidambaram pored over plans late into the evening to stem a growing sense of crisis.
Air force helicopters and rescue teams searched for survivors in northern India after days of monsoon rains triggered flash floods and landslides, killing at least 138 people and leaving hundreds missing.
India Cements Ltd., which owns the Chennai Super Kings cricket team, says its association with the nation’s favorite sport is helping drive sales of the building material as it expands across the country.
Twenty-six holograms of Gujarat Chief Minister Narendra Modi strode onto stages across the Indian state last month as he sought re-election, a sample of the savvy that makes him a contender for national leader.