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India's ailing finance minister Arun Jaitley quits government

INDIA'S influential but ailing finance minister Arun Jaitley announced today (29) that he would not serve in prime minister Narendra Modi's new government because of his poor health.

Modi is set to be sworn in Thursday (30) after winning a second landslide election and should name his new cabinet shortly after.


Jaitley, 66, a key member of the last government, said in a letter to Modi he released on Twitter that he would "like to keep away from any responsibility" so he could concentrate on his health and treatment.

Jaitley underwent a kidney transplant in May last year and in February travelled to the US for surgery after being diagnosed with cancer.

"I am writing to you to formally request you that I should be allowed a reasonable time for myself, my treatment and my health and therefore not be a part of any responsibility, for the present, in the new government," he added in the letter.

Jaitley also hailed the "spectacular win" of Modi's right Bharatiya Janata Party (BJP) in the six-week election that ended last week.

The BJP swept 303 of the 542 contested parliamentary seats to win a second five-year term.

A lawyer-turned-politician, Jaitley guided the government's rollout of a complex nationwide tax and often acted as a spokesman on contentious issues.

Railways minister Piyush Goyal, who stepped in for Jaitley to present an interim budget in February, and BJP president Amit Shah are in contention for Jaitley's job, media reports said.

India is the world's sixth largest economy and although it has been growing at about seven per cent a year, it is showing signs of a slowdown.

Modi, 68, has invited the heads of countries who are in the Bay of Bengal Initiative for Maritime and Economic Co-operation (BIMSTEC) to the swearing-in.

India's neighbour Pakistan is not a part of the alliance and so Modi avoided inviting Pakistan prime minister Imran Khan.

(AFP)

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  • Tarun Garg officially assumes charge as Hyundai Motor India's MD and CEO from January 1, marking historic leadership milestone.
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  • Leadership transition reflects Hyundai Motor Group's confidence in India's growth story and strategic importance in global automotive landscape.

Hyundai Motor India Ltd announced on Thursday that Tarun Garg has officially assumed charge as its managing director and chief executive officer from January 1, 2026, marking a historic milestone for the automaker.

This is the first time an Indian national is heading Hyundai Motor India Ltd, the Indian arm of South Korean auto major Hyundai Motor Company, since its inception 29 years ago. Garg succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company in South Korea.

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