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May, 27, 2016

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Asia > India
India has overhauled its archaic bankruptcy laws in a key reform that will make it vastly easier to wind down companies and help banks to recover bad loans.
 
India will ask Britain to extradite business tycoon Vijay Mallya to face charges of money laundering and bank demands that he pay back more than US$1 billion in loans extended to his now-defunct airline, the finance minister said Wednesday.
 
'Only Donald Trump can save humanity'
Activists of the right-wing Hindu Sena or Hindu Army conduct Hindu rituals to ensure a win for U.S. presidential candidate Donald Trump in New Delhi, India, Wednesday, May 11.
 
An overcrowded minibus fell into a deep gorge in India's northern Himalayan region after a portion of the road caved in, killing 14 people, an official said Sunday.
 
India hosts growing number of foreigners seeking budget sex-change surgery
After decades of battling depression, former soldier Betty Ann Archer finally flew to New Delhi to complete her gender transition, one of a growing number of foreigners heading to India for budget sex-change operations.
 
Anyone distributing a map the Indian government deems to be "wrong" could be liable for a billion-rupee (US$15 million) fine and jail time under a new draft bill published this week.
 
India's upper house of parliament has rejected Vijay Mallya's resignation of his seat, saying a letter the embattled tycoon sent from Britain did not conform to "procedures" or carry an original signature.
 
India's highest court on Wednesday ordered cigarette manufacturers to comply with controversial new rules requiring bigger health warnings on packets that sparked weeks-long factory shutdowns.
 
Massive forest fires sweeping across the north Indian state of Uttarakhand have killed at least seven people in recent weeks, and were threatening two tiger reserves, officials said Monday.
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Armed guards at India dams amid drought
As young boys plunge into a murky dam to escape the blistering afternoon sun, guards armed with guns stand vigil at one of the few remaining water bodies in a state hit hard by India's crippling drought.
 
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