Narendra Modi

Saab offers high-tech jet production hub to India

Swedish defense giant Saab has offered to build a state-of-the-art fighter jet factory in India should it seal a lucrative deal to supply hundreds of military jets to New Delhi.

Saab and its U.S. competitor Lockheed Martin have emerged as the frontrunners to supply around 250 single-engine combat planes to India's air force which wants to revamp its Soviet-era military hardware.

Trump has spoken with Erdoğan, aides confirm

U.S. President-elect Donald Trump and his incoming vice president have now spoken to 29 foreign leaders and dignitaries, including Turkish President Recep Tayyip Erdoğan and Indian Prime Minister Narendra Modi, Trump's aides said Nov. 17.

Erdoğan previously had said he had talked to Trump on the phone and congratulated him over his victory. 

Modi promises to ease cash crunch

Prime Minister Narendra Modi urged Indians on Nov. 14 to give him more time to resolve a cash crisis that followed the withdrawal of high-value notes, insisting the shock move would benefit the poor in the long run. His comments came as the government said it was increasing a weekly cash withdrawal limit and taking steps to help people in remote areas access money as frustration mounted.