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AMBERNATH, India—Saturdays are typically busy at the sales office of Patel’s Planet, one of the many new apartment developments in the suburbs surrounding Mumbai where India’s fledgling middle class has been flocking in recent years. But last Saturday, it was virtually deserted. Prateek Patel, the cousin of the developer, complained that he hasn’t sold an apartment since early November, when Indian Prime Minister Narendra Modi shocked the country by announcing an unprecedented […]

NEW DELHI—Jayaram Jayalalithaa, the powerful chief minister of the state of Tamil Nadu whose fervent following was matched by few other Indian politicians, died late Monday after she failed to recover from cardiac arrest. The daughter of an actress in Tamil-language films, Ms. Jayalalithaa’s first career was in show business. She was featured in more than 100 movies, which catapulted her to fame before she turned to the political arena […]

One of India’s biggest political stars, Tamil Nadu Chief Minister Jayaram Jayalalithaa died Monday after a long illness. The actress-turned-politician was revered by her supporters and she had a colorful political life which was watched closely even by those outside the community of people that called her Amma or mother. Here are five of the more memorable moments we covered at The Wall Street Journal in the […]

India’s southern state of Tamil Nadu is mourning the death of one of its charismatic leader Jayaram Jayalalithaa, after she failed to recover from a cardiac arrest late Monday night. The streets of Chennai thronged with supporters and friends of Ms. Jayalalithaa, who served as chief minister of the state from 2014, as an enormous crowd gathered at a public hall where her body lay draped in […]

newslide Jimmy Kimmel to host Oscars Late night television presenter Jimmy Kimmel has been give Oscar hosting honours for the next instalment of the Academy Awards in February. It will be a first for the comedian, who has hosted Jimmy Kimmel Live! on ABC since 2003. Kimmel was praised for his work as host of this year’s Emmy awards. Kimmel tweeted, “Yes, I am hosting the Oscars. […]

Indian politicians, celebrities and the public turned out to say goodbye to Tamil Nadu Chief Minister Jayaram Jayalalithaa Tuesday. Crowds thronged the streets as her supporters massed to try and pay respects and get a glimpse of her body, lying in state at Rajaji Hall in Chennai. As politicians made arrangements to attend her funeral, they also took to social media to pay tribute to the leader. Prime Minister […]

India’s transport ministry has proposed allowing drivers to sign up for organ donation in case they become some of the hundreds of thousands of people who die after being caught up in accidents on the country’s roads. The South Asian nation has a huge gap in demand and supply of organs. Many people are unwilling to donate relatives’ organs due to religious beliefs, because they don’t understand […]

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Jayaram Jayalalithaa, the chief minister of the southern state of Tamil Nadu and one of India’s most powerful politicians, was in “very critical” condition Monday, a day after she suffered a cardiac arrest, according to authorities at the hospital where she is being treated. Ms. Jayalalithaa, who has a cult-like following, was on life support systems, Apollo Hospitals said in statement Monday afternoon. Four doctors from New […]

On April 7, 14 large blue letters quietly disappeared from the outer walls of an office building in an exclusive neighborhood in northern San Salvador. One by one, the letters came down from the blue and beige stucco walls, leaving behind faint traces of the name of the law firm that had been working there just days before: M-O-S-S-A-C-K-F-O-N-S-E-C-A. Employees of the El Salvador branch of Mossack […]

India has emerged as one of the most prominent victims of November’s market turmoil. The twin shocks on Nov. 8 of Donald Trump’s U.S. election victory and Indian Prime Minister Narendra Modi’s currency crackdown have unleashed a wave of selling in stock and foreign-exchange markets. It is the latest reversal for Western investors banking on an economic revival in the world’s second-most populous nation. Mr. Modi has […]

An Indian aerospace startup has said that it will launch its mission to the moon in a year’s time, as it takes part in a Google-funded competition to become the world’s first-ever privately held company to make a soft landing there. A group of more than 100 scientists and engineers, including around a dozen former ISRO scientists, make up Axiom Research Labs’ Team Indus. The team is […]

Three weeks after India invalidated its largest bank notes overnight, cash shortages are choking the world’s fastest-growing large economy. While it is too soon for much of the pain to be read from broad economic indicators—in India, even monthly ones, such as industrial output, are released with considerable lag—early signs are coming in. Some of them imply the disruption might not be as deep, or as long-lasting, […]

The Congress party’s official Twitter account was apparently hacked Thursday morning, a day after its vice president Rahul Gandhi’s feed erupted with abusive tweets following a similar breach. “Congress can kiss our ass” one tweet from @INCIndia read. Another promised a “full dump” of Congress emails in what it described would be a “Christmas special.” On Wednesday night, a series of tweets from @OfficeofRG ridiculed Mr. Gandhi and […]

The opposite of a bank run, it turns out, isn’t a good thing either. In the case of India, it is a total banking mess. India’s big bang demonetization program, aimed at rooting out “dirty” money from the economy, has forced $80 billion worth of old rupee notes into bank vaults. At first, this seemed like a boon for banks, who were suddenly flush with cheap funding. […]

NEW DELHI—India released economic data on Wednesday that confirmed its place as an outlier in a low-growth world, and Prime Minister Narendra Modi has promised further steps to encourage investment and modernize bureaucracy. But with his latest step, Mr. Modi has left India’s star looking a lot dimmer, at least for the time being. Three weeks after his government abruptly canceled India’s largest bank notes to drill […]

NEW DELHI–When top American naval engineers recently inspected India’s first locally made aircraft carrier they expected to find a near battle-ready ship set to help counter China’s growing sway in the Indian Ocean. Instead, they discovered the carrier wouldn’t be operational for up to a decade and other shortcomings: no small missile system to defend itself, a limited ability to launch sorties and no defined strategy for […]

As the world’s largest importer of arms, India has long relied on foreign-built equipment to run its military. Its navy is no exception. It runs submarines designed in Russia, Germany and France, and flies planes from Russia, the U.S. and U.K. While it has long made ships at home, it is now looking to indigenous manufacturers for equipment like missiles and fighter jets. The goal to Make […]

Thou art the ruler of the minds of all people, Dispenser of India’s destiny. Thy name rouses the hearts of Punjab, Sind, Gujarat and Maratha, Of the Dravida and Odisha and Bengal; It echoes in the hills of the Vindhyas and Himalayas, mingles in the music of Jamuna and Ganges and is chanted by the waves of the Indian Sea. They pray for thy blessings and sing […]

India’s millions of Bollywood-mad movie goers will soon start a trip to the cinema with a mandatory dose of patriotism. The country’s Supreme Court said in an order Wednesday that all movie theaters should play the national anthem with an image of the Indian tricolor on the screen before the start of any feature film. All those present in the hall “are obliged to stand up to […]

MUMBAI—A Morgan Stanley Investment Management Fund has slashed the valuation of its holding in India’s leading e-commerce firm Flipkart Internet Pvt. by 38%, as the startup faces increased competition from U.S. rival Amazon.com Inc. and others. In a filing this week to the U.S. Securities and Exchange Commission for the quarter ended Sept. 30, the fund called the Morgan Stanley Select Dimensions Investment Series said it held 1,969 shares in the company, which […]

Nov 30, 2016 10:58 am IST Electronic-payment company Euronet Worldwide Inc. cut its financial projections for the quarter, citing a cash crunch that is wreaking havoc through India’s economy. Shares, up 3% this year, fell 5.4% to $70.66 in after-hours trading. India, which is replacing its largest-denomination bank notes to fight corruption and counterfeiting, is the fifth-largest market by revenue for the Kansas-based company, accounting for $78.7 […]

5836 25 by Shannon K. O’Neil November 11, 2016 A man displays a new 2000 Indian rupee banknote after withdrawing from a bank (Reuters/Mukesh Gupta). France’s Anticorruption ReformsAfter years of criticism for failing to prosecute foreign bribery, France adopted a new anticorruption law that will force companies doing business on its soil to take more aggressive preventative measures, and also gives the government stronger tools to fight […]

Indian Prime Minister Narendra Modi has championed his government’s decision to replace high-denomination rupee notes earlier this month as a move to cut corruption and tax avoidance and push more people into the banking system. While Mr. Modi’s supporters have said the short-term pain of having to change money and wait in ATM queues is worth it, those opposed to it say the step was poorly planned […]

Nov 28, 2016 12:27 pm IST Thousands of people thronged the streets of New Delhi to celebrate India’s lesbian-gay-bisexual-transgender community on Sunday. Members of the LGBT community and their supporters marched at the annual Delhi Queer Pride Parade, shouting slogans and holding placards amid growing calls to decriminalize gay sex in the country. Section 377 of the Indian penal code, a colonial-era law that was reinstated by […]

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