Obama ends day of Indian pageantry with $4 billion pledge


  • World
  • Tuesday, 27 Jan 2015

India's Prime Minister Narendra Modi (L) and U.S. President Barack Obama watch India's Republic Day parade from behind rain streaked bullet proof glass as they stand in the rain together in New Delhi January 26, 2015. REUTERS/Jim Bourg

NEW DELHI (Reuters) - U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion (2.65 billion pounds) in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.

Earlier in the day, at the invitation of Prime Minister Narendra Modi, Obama was the first U.S. president to attend India's annual Republic Day parade, a show of military might that has been associated with Cold War anti-Americanism.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

U.S. stocks close mixed
Italy bans NGO planes from using airports close to migrant routes
Crude futures settle lower
U.S. dollar ticks up
China's Guangxi holds culture, tourism promotion event in Vienna
Death toll from strikes on eastern Congo camps rises to 18
African experts highlight soil degradation, climate impacts on crop yields
Brazil floods death toll rises to 90, dozens still stranded
Ethiopia earns 835 mln USD from coffee export in 9 months
Floods death toll in Kenya rises to 238 as heavy rains continue

Others Also Read