1331 IST, Tuesday, May 12, 2015 
Scaling a new Summit
'Act of faith'By Matthew NewsomeThe 2nd India-Africa Forum Summit concluded last week in Addis Abeba. The world’s largest democracy, India, has said it will provide a $5 billion line of credit to African nations over the next three years to help fund economic development on the continent. |
PM hints at Cairn-Vedanta deal clearanceBy Manish ChandPrime Minister Manmohan Singh said that India was still a preferred destination for foreign investment and assured that issues relating to Scottish explorer Cairn Energy's nearly $10 billion deal to sell control in its Indian arm - Cairn India - to Vedanta Resources will be amicably resolved. |
Africa key to solution of global problems: PMBy Manish ChandReturning from a six-day visit to Ethiopia and Tanzania, Indian Prime Minister Manmohan Singh underlined that Africa held the key to a host of global problems like food crunch, and exhorted the world to work with the continent to create a more equitable, balanced and inclusive process of development. |
Manmohan invokes NAM, questions West's control of IMFBy Manish ChandWith Western powers not willing to loosen their grip over key global institutions like the International Monetary Fund (IMF), Prime Minister Manmohan Singh invoked the Non-Aligned Movement (NAM) and exhorted developing countries to pool their collective weight to create an equitable and sustainable world order. |
PM hopes for consensus on top IMF job, slams Western monopolyBy Manish ChandQuestioning the monopoly of Western powers in the International Monetary Fund, Prime Minister Manmohan Singh said top positions in international financial institutions should not go "to specific countries as a matter of right". He pushed for a "more equitable world order" that accommodates aspirations of developing countries. |
India taps IT power to woo African youthBy Manish ChandIndia is reaching out to African youth by offering to make Tanzania a "communication and IT hub of East Africa" and has unfurled new possibilities of cooperation in key high-tech areas like space cooperation. |
Heart-to-heart: Apollo to open hospital in TanzaniaBy Manish ChandIt's a heart-to-heart affair. With more Tanzanians suffering from a variety of heart ailments and travelling abroad for treatment, India's Apollo Hospitals struck a pact to set up a 300-bed super-specialty hospital in this coastal metropolis of East Africa's largest country.Apollo Hospitals Enterprises Limited, in the presence of Indian Prime Minister Manmohan Singh and Tanzanian President Jakaya Kikwete, signed a preliminary joint venture agreement with the Board of Trustees of Tanzania's National Social Security Fund and the Ministry of Health and Social Welfare for setting up the hospital. |
Tanzania, India find ‘South-South' ties in good healthBy Siddharth VaradarajanIndian officials have spent the past week fighting off Western suggestions that they are in a race for influence in Africa with the Chinese. Their claim that India and China complement one other was endorsed by President Jakaya Kikwete of Tanzania, who gave a concrete and unscripted example of how the specific skill sets the two Asian powers possess has worked to the advantage of his people |
India offers Africa a China-plus planIf it’s China’s construction prowess that gives it a foothold in Africa, Prime Minister Manmohan Singh’s six-day trip to the continent sought to differentiate India’s long-term strategic offering for Africa’s many small states — helping them gain expertise in a range of services from education to healthcare and information technology. |
