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Articles tagged “Narenda Modi”

India to Stop Domestic Flights and Suspends Rail Service

India to Stop Domestic Flights and Suspends Rail Service

Sanjeev Miglani and Aditi Shah, Reuters

While India had only eight confirmed deaths from coronavirus as of Monday, experts warn that a jump in cases is likely soon. Prime Minister Narendra Modi's government ordered a shutdown of domestic flights. Rail travel is already suspended. The economic pain will be fierce.

2 weeks ago

India Has a Plan to Build 100 Airports in 5 Years to Boost Economic Growth

India Has a Plan to Build 100 Airports in 5 Years to Boost Economic Growth

Abhijit Roy Chowdhury and Anurag Kotoky, Bloomberg

India Prime Minister Narendra Modi sees infrastructure investment as a key to India's economic future. No one can argue that a plan to build 100 new airports by 2024 β€” to help accommodate 1,000 new regional routes β€” is profoundly ambitious.

5 months ago

Modi’s Government Attempts to Sell Troubled Air India Again

Modi’s Government Attempts to Sell Troubled Air India Again

Anurag Kotoky and Bibhudatta Pradhan, Bloomberg

Air India is hemorrhaging cash and needs a buyer β€” but Modi's government will be lucky to find anyone willing to take over the troubled flag carrier.

9 months ago

India Looks to Inject $330 Million Into Ailing Flag Carrier

India Looks to Inject $330 Million Into Ailing Flag Carrier

Abhijit Roy Chowdhury and Vrishti Beniwal , Bloomberg

Once again the Indian government has failed to sell Air India. You've got to wonder how long it can keep going before someone just decides enough is enough.

1 year ago

India’s First High-Speed Train May Not Arrive Until 2024

India’s First High-Speed Train May Not Arrive Until 2024

Jill Ward, Bloomberg

The planned 316-mile rail link between the western cities of Mumbai and Ahmedabad is the most eye-catching symbol of the infrastructure ambitions of Prime Minister Narendra Modi. It may be delayed, but the more important question is if the Japanese-built trains can be self-sustaining revenue-wise.

1 year ago

Air India Fails to Lure Any Bidders as Modi’s Privatization Plan Stalls

Air India Fails to Lure Any Bidders as Modi’s Privatization Plan Stalls

Anurag Kotoky, Siddhartha Singh and Shruti Srivastava, Bloomberg

The sale of Air India was supposed to be a cornerstone of Prime Minister Modi's privatization effort. But nobody is interested. That's not great news for the airline and probably worse news for Modi's political future.

2 years ago