Modi Raps Swamy For Rajan Remarks, Starbucks Brews A Stronger Coffee And Other India News

The Interview: PM Narendra Modi used his first ever TV interview as  prime minister to rap his lawmaker Subramanian Swamy on the knuckles and declare his solidarity towards outgoing RBI Governor Raghuram Rajan. This is especially important as Swamy has now moved on to attacking other bureaucrats working with the government. He also spoke about his efforts to curb black money in the system and attempts to make peace with Pakistan as well as the recent bid for an NSG membership. Yet, the highlight of the interview was this statement. Full transcript here.

“Whether it is someone from my party or not, I believe that such things are inappropriate. The nation won't benefit from such publicity stunts.”

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A Stronger Brew: Starbucks and Tata are strengthening their partnership and taking some Indian brands overseas. Starbucks will begin to sell Tata’s Indian origin coffee in the US, it’s mineral water Himalaya in Singapore and will launch its Teavana tea brand in India. Tata will also offer Starbucks coffee to passengers on its Vistara airline. India is Starbucks’ fastest growing market and the four-year old partnership seems to be working for all concerned. No surprise then, that they are now looking to deepen their ties.

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Brexit Impact: Any negative impact as a result of the Brexit referendum will only be in the short-term, financial market experts said, according to this poll. While EU as a whole plays a dominant role in India’s exports as well as in the form of investments, UK’s share was not big enough to make a lasting impact. Also, India remains a more insulated economy than some of its Asian neighbors, so it’s should be a matter of weeks before things are back to normal.

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Missile Control: Although its bid to join the NSG was shot down, India did become an official member of the Missile Technology Control Regime (MTCR), that will enable arms exports and gain access to sensitive technology.

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NSE’s IPO:  The National Stock Exchange will sell shares next year and is aiming for a global listing to grant its investors an exit after two decades.

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Cover Image: He may have retired from international football, but Lionel Messi’s Indian fan base and more important, his endorsement deal with Tata Motors remain intact. This from football fans in a school in Mumbai. For more from LinkedIn Pulse, follow the India channel here and Daily Pulse India channel here. For the best reads specially picked for you, there's the Editor's Picks channel. We're also on Twitter and Facebook.