India

Modi’s setback on black money

Modi’s setback on black money

India’s controversial decision to ban 500-rupee (S$10) and 1,000-rupee notes has backfired. The idea was to root out “black money” — the profits of political corruption, tax...

India poised to seal S$952 million weapons deal

NEW DELHI — India is set to finalise a US$660 million (S$952 million) deal for mobile heavy artillery weapons — its third major gun purchase in the past year and a sign Prime...